Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
1999 US Mint Silver Proof Set
>
Reply to Thread
Message:
<p>[QUOTE="TopcatCoin, post: 1068169, member: 22746"]Thanks Ken. I agree with you about luck here. The real winners of this set were those that purchased it directly from the Mint in 1999. I did not get back into collecting until 2007 so missed out on it. Nobody knows what the future holds for these sets. I took a chance that they would not drop too much more. You never know...they may continue to decrease or perhaps increase again. As you well know, these were widely distributed back in 1999 such that dealers did not get the quantity they desired. Soon after, interest in the State Quarter program increased and these sets skyrocketed in price. I am thinking that due to the current state of the economy (and the completion of the State Quarters program), some folks now need to sell theirs off for the cash or have simply lost interest in them when the program ended (perhaps received them as gifts or bought them as a novelty back in 1999). Interestingly, I have been tracking these sets for a while and can tell you that they do sell rather quickly when auctioned or even slightly discounted. This tells me that there are many collectors out there who may have missed out initially but still want the set. In other words, I think demand is still strong for this set.</p><p><br /></p><p>Happy New Year to you and yours! :cheers: <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>TC[/QUOTE]</p><p><br /></p>
[QUOTE="TopcatCoin, post: 1068169, member: 22746"]Thanks Ken. I agree with you about luck here. The real winners of this set were those that purchased it directly from the Mint in 1999. I did not get back into collecting until 2007 so missed out on it. Nobody knows what the future holds for these sets. I took a chance that they would not drop too much more. You never know...they may continue to decrease or perhaps increase again. As you well know, these were widely distributed back in 1999 such that dealers did not get the quantity they desired. Soon after, interest in the State Quarter program increased and these sets skyrocketed in price. I am thinking that due to the current state of the economy (and the completion of the State Quarters program), some folks now need to sell theirs off for the cash or have simply lost interest in them when the program ended (perhaps received them as gifts or bought them as a novelty back in 1999). Interestingly, I have been tracking these sets for a while and can tell you that they do sell rather quickly when auctioned or even slightly discounted. This tells me that there are many collectors out there who may have missed out initially but still want the set. In other words, I think demand is still strong for this set. Happy New Year to you and yours! :cheers: :) TC[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
1999 US Mint Silver Proof Set
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...