1999 silver proof set

Time will only tell.

I am sure 1999 (century year has a factor) but the reason I purchased is because it is part of the quarter series and it is needed to complete the set. Without it no one could have a complete set and the mintage numbers are relatively low considering all who are trying to aquire the full set atleast at this time. I don't think many are collecting for the future value- but are collecting these full sets because it is just not possible for many to aquire a full set. 303,000,000 US citizens and only 804,000 could ever even possibly have a complete set I think that is less then 1% of the US population (Im not real good at figures so could be off there). And realistically some of these sets have already been lost, spent, etc. Which Im sure everyone on this board knows about mintage numbers.

And I have seen where people in foreign countries are collecting these silver quarter sets also.

Do I think a complete series set of the quarters run will ever go into the multi thousand dollar range? Not a chance.

But it sure is nice to be part of that small percentage knowing that you do own something that is not common just like anyone else that might have a rare or unique coin. I do agree that a coin or collection is only worth what someone is willing to pay. Bottom line the actual monitary value is just what face value is. Take a 1$ coin selling for $300 or $400 and spend at a grocery store its going to get you 1$ worth of groceries.

Im comfortable that I have the whole set and will have the series displayed on my wall in an nice solid wood and glass frame. Makes a nice conversation piece even though total spending worth of the coins will only be about $100. and yes I did pay more which everyone did that has the complete set even if it came direct from the mint.

Freespirit

 

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I completely agree with you about the 1999 sets of coins.
My goal is to fill my Dansco cent, nickel, dime, quarter and half dollar coins with what I can possibly afford. Usually I buy the three different mint sets for project. And, my goal is a bit different because I am racing time.

I have found 1999 the most difficult and most expensive to procure.
Even now I have the 1999 p and d uncirculated slots in the statehood quarters to fill.
I have also discovered that the 1999 silver proof, 2000 p and d uncirculated, the 2001 s proof and silver proof, and the 2002 silver proof quite difficult to obtain. And that is just for one statehood quarter book.

Probably the main reason is because I came into collecting about a year ago and knew next to nothing about how all this was set up... or how much frustration and fun it can be.

We just gotta do what we gotta do to get what we want...er need. (short of stealing or procuring it in an illegal or violent manner .

jeankay

 

Gave my husband the set for Valentines Day!

He loved them - I had no idea he has been collecting the state quarters - the circulated ones and had been keeping a spread sheet and everything. I told him he can go ahead and spend them now.

So it doesn't matter what I paid - it was worth it just to see him smile.

 

You are a good wife !

 

Actually, ascii, the 1999 Silver Proof Set is so expensive is because the US Mint put an order limit of 2 per mailing address on them. There were no bulk dealer orders at all. What this means is that whenever a dealer wanted one to sell, he had to get it on the secondary market. This drove the price up immediately and it has been inflated ever since.

 

Personally, I think that the state quarters will rise in the short term and drop like a rock in the long term. There is nothing really rare about any of the sets, some people will feel compelled to finish the sets as the series comes to a close - but there will be a sell off in a couple of years. I say wait.