Good investment or no? I was thinking of picking up a couple different years. I found a site on the net selling them, but I do not know how much I trust these type of things sold on the net. Any suggestions or info is welcomed. http://lynncoins.com/proof-silver-quarters.htm
As an investment only the 99 and 01 have value As an investment only the 99 and 01 have much value. With their current price none of the sets will ever bring you what one (well sought out key date) coin will.
I have seen those sets selling for quite a bit. Why do those years make them more valuable than the other years?
In 50years Proof& Clad I think all the of million of state quarter will have a Vam type listing someday
Supply and demand, it's what makes the world go round, Supply and demand, it's what makes the world go round. The 99 of course is first year silver state quarters - anyone putting a complete sets togerther needs them the 01 I think is because of the Sac. dollar although I'm not sure why. I will try and tell it to you one more time: Mint and proof sets are never a good investment. Reason, too many are made period. Lets take a 1959 proof set okay? issue price $2.10 current retail value $20. That's 50 years with a 10 fold profit. I'm not a math person but I think that if you matched that with inflation your not making even 5 cents much less $18th proof is always in the pudding. Again if you want to make money take all that money you might consider putting into proof or mint sets, isolate a certain key date/series find a nice original coins in that category and you will not only make money you will have rare coins then and coins way under the millions made of modern mint and proof sets.
Hey BHP, you never stated they were a bad investment before, but thank you for being so kind. I always appreciate courteous people, such as yourself.
Ok for 1959. But go back six more years, and the value of a proof set is $150. and a mint set is 300. While proof and mint sets dont set records, they are fun to collect and have a certain investment value. I mean you couldve bought some Wells Fargo stock five years ago at 47 dollars a share. And today it would be worth $2.25.
Very few coins period are good investments! Hey BHP, you never stated they were a bad investment before, but thank you for being so kind. I always appreciate courteous people, such as yourself. Very few coins period are good investments! If we get our emotions out of the way there ain't many coins that are good investments for the average coin collector. Let me explain - unless you are a fairly large dealer or buy monster type coins well into the 6 figure range coin collection at best is a fair investment - there are many better investments but factor in the pleasure, history, knowledge a body can get out of it, now that's a good investment! Yes, on here I have explained as a variety specialist how I have bought many coins for say $10 and sold for $1000 but that is not the norm. If you factor in my time, the 1000's of rolls and mint sets I have searched and paid premiums for, the books, magazines, supplies, etc. I probably make about $5 an hour at best. With that said if anybody wants it I believe I can tell just about anyone how to make some money in coin collecting. Here it is: Buy key date rare coins in solid VF-30 without any problems and hold them 7 years then find an outlet to get those same coins in front of serious coin collectors who need the key dates for sets. Do that and you will make some money, how much I don't know. Now you may ask "am I doing this"? The answer is sometimes but that's not what I want to do - I want to find doublED dies because of the thrill of the search and the satisfaction of becoming an expert - that's not an investment, that's living and enjoying my life. You got to decide in life what you want sooner of later and be honest about it and in so doing coin collecting is not a great investment but it is a blast!
