My question deals with the 50 state quarters proof sets. I noticed that sets such as the 2000 set are considerably cheaper than, say, the 1999 set. What determines these prices and why are some sets cheaper than the others? Why is the 2000 set so much cheaper than the 1999 set? Thanks for your help! It's much appreciated.
Well 1999 was the first year the set was made, but also depends on how many are minted and demand I would say. Also the silvers are usually worth more I believe.
FIRST welcome to the forum. Lots of factors can come into play. 1999 being the first year of the quarters the demand was real high. People that never collected wanted them. The Mint was really pumping them up as well as jacking everyone around on how many sets you could order. I figured the 2000 set would be REAL hot due to the "new millenium" craze. I was wrong. Less were actually minted but the demand had dropped. You must also consider the amount of sets that were "cracked out" for sale of individual coins. Seems it happened a lot in 1999. Dealers made good money on singles while the number of complete sets dropped. You really can never tell is the bottom line. I really only buy Silver Proof Sets these days. If they get hot I hang on to them. If they dog I may drop them for a loss to buy something else. If you're working on the complete proof collection pick up those that you don't have at the best price possible. Buy the rest from the mint. Like I said you just can't tell - they may go up or they may go down.