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2009 Silver Proof Sets - A Good Investment???
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<p>[QUOTE="19Lyds, post: 763046, member: 15929"]Personally, I think the term "Investment" should not be confused with "opportunity" with regard to coins.</p><p> </p><p>If the mintages stay low on those Silver Proof Sets, the only real winners would be the Roosevelt and Kennedy 90% coins since the quarters have an additional 262,383 mintage.</p><p> </p><p>One of the big reasons that the 1999 Silver Proof Set got so high in price is that the individual Silver State Quarter proof sets did not exist in 1999 and many folks were hesitant to pay the $35 for a single proof set. The end result was low orders and eventually high prices.</p><p> </p><p>As for 2009? An "opportunity" may exist to turn these over at a profit once the figures are finalized but I think it will be a small window.</p><p> </p><p>As an "investment", indicating a long term return, traditionally, US Mint Proof Sets (silver or not) are poor investment tools. There are many proof sets currently available at below original issue prices. Even the "common" silver proof sets sell for just a little over melt.[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 763046, member: 15929"]Personally, I think the term "Investment" should not be confused with "opportunity" with regard to coins. If the mintages stay low on those Silver Proof Sets, the only real winners would be the Roosevelt and Kennedy 90% coins since the quarters have an additional 262,383 mintage. One of the big reasons that the 1999 Silver Proof Set got so high in price is that the individual Silver State Quarter proof sets did not exist in 1999 and many folks were hesitant to pay the $35 for a single proof set. The end result was low orders and eventually high prices. As for 2009? An "opportunity" may exist to turn these over at a profit once the figures are finalized but I think it will be a small window. As an "investment", indicating a long term return, traditionally, US Mint Proof Sets (silver or not) are poor investment tools. There are many proof sets currently available at below original issue prices. Even the "common" silver proof sets sell for just a little over melt.[/QUOTE]
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2009 Silver Proof Sets - A Good Investment???
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