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<p>[QUOTE="toddestan, post: 165662, member: 6366"]The mintage of the 1999 silver proof sets aren't really that much lower than the 2000-2004 silver proof sets, but as you noticed they command a large premium. The reason for this, I believe, is that many of these proof sets were bought by people whose interest was sparked by the state quarters program, but lost interest soon thereafter and the sets are now sitting in a drawer somewhere. The fact that the mint never lifted the limit of 2 sets per person probably also has something to do with it, as the usual players that stockpile these things by the hundreds and thousands weren't able to do so for this set.</p><p><br /></p><p>Anyway, my guess is that as these people rediscover their sets, and find out what they are sitting on, they are going to want to sell. As more and more of these silver proof sets come out of the woodwork, the price may come down.</p><p><br /></p><p>On the other hand, I'm also guessing that in 2009 when the state quarters program comes to a close, a lot of people are going to decide that's the time to put together their complete state quarter set, and demand for the 1999 (as well as the other sets) may suddenly grow.</p><p><br /></p><p>Of course, this is all speculation on my part. If you sell them today, and this time next year they are going for $1500... :whistle:[/QUOTE]</p><p><br /></p>
[QUOTE="toddestan, post: 165662, member: 6366"]The mintage of the 1999 silver proof sets aren't really that much lower than the 2000-2004 silver proof sets, but as you noticed they command a large premium. The reason for this, I believe, is that many of these proof sets were bought by people whose interest was sparked by the state quarters program, but lost interest soon thereafter and the sets are now sitting in a drawer somewhere. The fact that the mint never lifted the limit of 2 sets per person probably also has something to do with it, as the usual players that stockpile these things by the hundreds and thousands weren't able to do so for this set. Anyway, my guess is that as these people rediscover their sets, and find out what they are sitting on, they are going to want to sell. As more and more of these silver proof sets come out of the woodwork, the price may come down. On the other hand, I'm also guessing that in 2009 when the state quarters program comes to a close, a lot of people are going to decide that's the time to put together their complete state quarter set, and demand for the 1999 (as well as the other sets) may suddenly grow. Of course, this is all speculation on my part. If you sell them today, and this time next year they are going for $1500... :whistle:[/QUOTE]
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1999 silver proof sets
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