How far can the price of 2005 mint set go?.

can it pass the 2004 mint set at $80.00?. your estimation please?. my guess is it will stick around $40.00 to $50.00 at most. and low at $30.00 to $40.00 at least. again it will depend on supply and demand, mintage, popularity, and some other factors. hopefully, the mint will just issue satin finish once.

 

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well I wanted to get a roll of 40 ea. of the satin nickels ungraded. If you can believe it they want $160.00 a roll for them, i'd have to pay $640.00 just for 4 rolls of nickels. 640/40=$16 just for a set of nickels. Multiply $16*11 coins and you get $171.00 a set. Sure my math and logic stink, but.. um.. you get the picture.

Generally all these coins are going like that.

 

2005 mint set

that's mean it can double the 2004 mint set.

 

I think the 2004 will be higher priced in the end. The Mint stopped production on the 2004 'early' and most dealers were waiting until the end of the year (gift giving time) to order thier sets and they lost out.

 

2005 mint set

your math is wrong. 640.00 should be divided by 160 pc (4 roll) = $4.00 each. a set of mint set contained only 2 nickel. so those nickels should worth $8.00. plus 20 other coins. i think the price will be what i estimated on my first writing above.

 

there are 4 nickels in the set 2005 P & D, buffalo, ocean view

 

2005 mint set

o.k. it's 4 nickel. so the 4 nickel cost $16.00. and the rest (18 coin) will cost around $18.00 to $27.00. the total should be around $34.00 to $43.00. that will be good. because our cost is only $16.95 per set. this is only a very conservative estimation. it might go up to $52.00 to $70.00 for higher estimation i guess.

 

Well look at it this way....

There were millions made....it was the first year for this new "set".....LOTS of people got it.......
there isn't a good chance that it will go up.
I don't know of a key date coin that has millions of the date minted....also most of the time the first issue sets or dates are collected so much that they never go up.

Speedy

 

on the other hand! from a nickel point of view.... you can see the rush to get these coins already.. circulation strikes vs. sms strikes

2005-P Lewis & Clark - Bison (SMS) 1,115,000
2005-P Lewis & Clark - Bison 448,320,000

2005-D Lewis & Clark - Bison (SMS) 1,115,000
2005-D Lewis & Clark - Bison 487,680,000

2005-P Lewis & Clark - Ocean View (SMS) 1,115,000
2005-P Lewis & Clark - Ocean View 350,000,000+

2005-D Lewis & Clark - Ocean View (SMS) 1,115,000
2005-D Lewis & Clark - Ocean View 350,000,000+

(data from Numismatic News)

plus... considering these mintages.. when is the last time you got a buffalo or an ocean in view in change?

I'm sort of hijacking this topic, I really haven't a clue what the final value of this set is going to be, i'm just saying that to get 4 separate rolls of 40 ea SMS nickels it's going to cost you $160 a roll. As stated before that is adding at least this value to the set.

 

This week.....

Speedy

 

The 1950-D nickel went to $125 in todays money. The mintage was well over two million and a large number of these were saved out of circulation. If the coins in the 2005 set did as well the set would sell for $2,700.00

Of course demand could be much higher now days and the mintage of the 2005 could be even lower than the '50-D.

Of course the price of the '50-D nickel was caused by a speculative bubble and no one wants to see that but this coin is still worth $2O today in nice condition. How many states quarter collectors will there be in half a century? How many angels can dance on the head of a pin?

 

And that is the key to the problem...I don't say that the coin won't go up...it will be hyped like many things...but is it up to stay up?...I don't think so.
I got a nice MS62/3 1950-D nickel for $8 not too long ago.

Speedy

 

The '50-D is up sharply in recent weeks.

An MS-64 should go for around $20, I believe. If the coins in the '05 set were at $20 each then the set would sell for $440 in todays money fifty years from now.

My only point is that I don't believe we're looking at a bubble but that simple supply and demand could push these higher. Since these coins are different than what's found elsewhere it's likely that the sets will get cut up a lot to add the coins to collections and this will further impact supplies.

Don't buy these because you think they'll go up and I'm not suggesting they will. But I won't be overly surprised if they do go up.

 

Look at first year issue of "new" coins....they were different and they didn't go up...

1932 Quarter
1883 Nickel
1909 Cent
1938 Nickel

and so on...most of the time the first year for a new type are hoarded and go no where....now if the mint keeps on with this new "set" I would bet that some of the dates go up---I hope that they go back to the real UNC set!

Speedy

 

"there are 4 nickels in the set 2005 P & D, buffalo, ocean view"

Sorry for being the ignorant one, but can you point me to this mint set?

thanks
jay

 

Here is a link to the mint set

 

2005 mint set

i am very sure that this set will go up to between 40 to 50 dallar a set.

 

Why do you think the 1999 quarters (at least in sets) are so high? What is different about the 1999 "new" coins than the ones you've listed? Do you think the "new" nickels are more similar to the "new" 1999 coins or more similar to the "new" coins you listed?

 

Sorry GDJMSP I didn't read your link when I posted mine