2008 mint sets sold out at mint

Discussion in 'Coin Chat' started by Danr, Feb 26, 2009.

  1. Danr

    Danr Numismatist

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  3. covert coins

    covert coins Coin Hoarder

    Yep I got a few.. When can you order the 2009 silver mint sets??
     
  4. Danr

    Danr Numismatist

    those are proof sets. Look toward summer for those.
     
  5. Daggarjon

    Daggarjon Supporter**

    great, they finally stopped selling a 2008 product. yay! the plethora of 2009's shall soon be upon us.

    aside from them being a mit set and all that. is there anything special or otherwise unusual about 2008 that would make it a better year to grab ... i feel like i am missing something....
     
  6. Danr

    Danr Numismatist

    lowest mintage since 1963 and they are satin not business strike. Basically there are only about 750,000 of them and most are in the hands of collectors not dealers. If your collection is complete (including satin coins) you will have to deal with this potentially costly fact.
     
  7. Daggarjon

    Daggarjon Supporter**

    sorry, i thought last year was a banner year with million upon milliosn sold?? my mistake!
     
  8. Danr

    Danr Numismatist

    Looks like mint and proof sets are turning in low mintages maybe due to the huge number of offerings from the mint.
     
  9. Daggarjon

    Daggarjon Supporter**

    i better run to the safe.. see which i did and/or didnt get last year :)
     
  10. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    Glad I got mine....:D
     
  11. Troodon

    Troodon Coin Collector

    I believe someone on this board said it best when he said something to the effect of "even a mintage of two is too high if only one person wants one." The lower mintage of mint sets is in direct response to reduced demand for such sets... meaning the market for them is saturated, or they would have minted more. Don't go expecting them to skyrocket in value anytime soon. The fact is, only collectors care about them, and not very many anymore, hence the reason they're not minting as many...

    And I've yet to meet anyone that can really tell the difference between a so-called "satin finish" and a coin that's just a good example of a business strike. What miniscule difference there is hardly justifies the price.

    I've never got why people cared about mint sets. Apparently, more and more people are beginning to agree with me.
     
  12. Harryj

    Harryj Supporter**

    The buy price may skyrocket, but try and sell one to a coin dealer. You will be very lucky to get what you paid . I stay away from proof and mint sets now. I'd rather invest the $30 in an older Lincoln , IHC or Merc., or something else.
     
  13. Danr

    Danr Numismatist

  14. RickieB

    RickieB Expert Plunger Sniper

    Got em....thanks for the info Danr..


    RickieB
     
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