2019 Limited Edition Silver Proof Set

Discussion in 'US Coins Forum' started by JPeace$, Feb 19, 2019.

  1. furryfrog02

    furryfrog02 Well-Known Member

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  3. UncleScroge

    UncleScroge Well-Known Member

    So then, what's the significance of the Limited Edition Silver Proof Sets now, if they're the same as other silver coins/sets?
     
  4. furryfrog02

    furryfrog02 Well-Known Member

    Different packaging...
     
    UncleScroge likes this.
  5. Conder101

    Conder101 Numismatist

    Different packaging and it has both a silver proof set AND a proof silver eagle in the same set. You can buy the silver proof set and the proof silver eagle separately for less than the "Limited Ediion Set" but then you don't have them in the same holder.

    Of course then a lot of people will send them in to the TPG's who will separate them again, but put "Limited edition set" on the label and label collectors will pay a premium for them. because of the low mintage of the sets they are no longer a part of.

    It has been like this ever since the first limited edition set.
     
  6. crazyd

    crazyd Well-Known Member

    but not all limited editions have "S" ASE's ?
     
  7. whopper64

    whopper64 Well-Known Member

    Nothing special since other coin sets include the .999 silvers. Was hoping for a reverse finish, but apparently the mint is just milking the .999 deal and is offering nothing special, but you'd think it was so special based on their hyped advertising!
     
  8. Conder101

    Conder101 Numismatist

    I don't believe ANY of the Limited Edition sets have ever offered anything "special". Just a higher price.
     
    green18 and LakeEffect like this.
  9. Prez2

    Prez2 Well-Known Member

  10. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    And along with the added price, some extra fancy packaging. Buy because you like what you collect but spare the exuberance of picking up something you already have in your collection, and thinking such will fetch a premium in the long run. It ain't gonna.......
     
    LakeEffect likes this.
  11. masterswimmer

    masterswimmer A Caretaker, can't take it with me

    If you really want it, buy it on the secondary market after the hype wears off. Don't pay the 'new car price' direct from the mint. Let the primary buyer absorb the 'depreciation'.
     
  12. c sahar

    c sahar New Member

    I would not buy a Limited Edition Silver Proof Set. All you need to do is go to the US Mint site and see the Bundle they offer - ASE +Silver Proof= $111 rounded up. The limited Edition is about $150 (almost same thing except you get with the bundle a few clad proof coins with the Silver set+ASE). Why would one pay for something that is "limited edition" when all the stuff is available in the unlimited mintage Silver Proof Sets and unlimited mintage ASE? See https://catalog.usmint.gov/american-eagle-2019-one-ounce-silver-proof-coin-19EA.html

    And it is always sobering to look at the Blue Book to check what buyers will pay on average for a silver set - with the exception of possibly 2012 most modern silver proof sets will be bought by dealers between $7 - 20 depending on condition and other factors that may have made that proof set a little more valuable than other years.

    If I were to spend money on silver, the lowest mark-up seems to be the 5 oz bullion ATB rounds - about double the market rate for silver as of Jan 2020. Silver proofs have a higher mark-up but I enjoy receiving a nice proof of the penny, nickel and Native American Dollar. Just wish they would add the Innovation Dollar without selling the AI's separately and what I think is too high a cost.

    For my budget and desire for variety will likely save my money and get 2 silver proof sets or a proof set with ASE and a proof of AI's with maybe one or two of the AI rev proof - it all depends on my target budget and what circumstances will allow (much of my income comes as a freelancer). IF I have extra money to spare will get the ABT Uncirculated Quarter set because it does a great job with its brief summary of the National Park depicted in a reasonably compact packaging and, if fortunate, you might get some very nice mint specimens.
     
  13. c sahar

    c sahar New Member

    I would not buy a Limited Edition Silver Proof Set. All you need to do is go to the US Mint site and see the Bundle they offer - ASE +Silver Proof= $111 rounded up. The limited Edition is about $150 (almost same thing except you get with the bundle a few clad proof coins with the Silver set+ASE). Why would one pay for something that is "limited edition" when all the stuff is available in the unlimited mintage Silver Proof Sets and unlimited mintage ASE? See https://catalog.usmint.gov/american-eagle-2019-one-ounce-silver-proof-coin-19EA.html

    And it is always sobering to look at the Blue Book to check what buyers will pay on average for a silver set - with the exception of possibly 2012 most modern silver proof sets will be bought by dealers between $7 - 20 depending on condition and other factors that may have made that proof set a little more valuable than other years.

    If I were to spend money on silver, the lowest mark-up seems to be the 5 oz bullion ATB rounds - about double the market rate for silver as of Jan 2020. Silver proofs have a higher mark-up but I enjoy receiving a nice proof of the penny, nickel and Native American Dollar. Just wish they would add the Innovation Dollar without selling the AI's separately and what I think is too high a cost.

    For my budget and desire for variety will likely save my money and get 2 silver proof sets or a proof set with ASE and a proof of AI's with maybe one or two of the AI rev proof - it all depends on my target budget and what circumstances will allow (much of my income comes as a freelancer). IF I have extra money to spare will get the ABT Uncirculated Quarter set because it does a great job with its brief summary of the National Park depicted in a reasonably compact packaging and, if fortunate, you might get some very nice mint specimens.
     
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