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<p>[QUOTE="19Lyds, post: 2813548, member: 15929"]I'll disagree with you Mike primarily because the impetus behind the surge in pricing for the 1999 Silver Proof Sets were multi-thousand dollar auction sales of PR70DCAM Silver State Quarters. One sold for $17,000+</p><p>After that sale, prices averaged around $3,000!</p><p>Yes, 1999 had a relatively low mintage and some of the total production were destroyed by the US Mint due to improper storage BUT that price surge had everything to do with Registry Set Competition and the auction sales of PR70DCAM coins bringing some serious dollars. Serious enough to justify a $200 then a $300 then a $400 price tag for the set.</p><p><br /></p><p>But, as with anything, once the shiny dangly aspect goes away at the programs end, prices drop. Dramatically as is typical with the Modern coin Market. I seriously doubt it had anything to do with market "saturation" unless saturation is defined as folks were no longer collecting them.</p><p><br /></p><p>BTW, my 4 sets shipped yesterday.[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 2813548, member: 15929"]I'll disagree with you Mike primarily because the impetus behind the surge in pricing for the 1999 Silver Proof Sets were multi-thousand dollar auction sales of PR70DCAM Silver State Quarters. One sold for $17,000+ After that sale, prices averaged around $3,000! Yes, 1999 had a relatively low mintage and some of the total production were destroyed by the US Mint due to improper storage BUT that price surge had everything to do with Registry Set Competition and the auction sales of PR70DCAM coins bringing some serious dollars. Serious enough to justify a $200 then a $300 then a $400 price tag for the set. But, as with anything, once the shiny dangly aspect goes away at the programs end, prices drop. Dramatically as is typical with the Modern coin Market. I seriously doubt it had anything to do with market "saturation" unless saturation is defined as folks were no longer collecting them. BTW, my 4 sets shipped yesterday.[/QUOTE]
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