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Potential value for 2004 CLAD Proof Mint sets?
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<p>[QUOTE="Troodon, post: 95354, member: 4626"]Update: One year later... these are going for $60 giver or take $5 or so on eBay. Still that's pretty good for only a 1-year-old clad proof set. I think what you were seeing happening a year ago was a spike in demand due to speculation of their values based on their mintages... but demand has cooled to pretty much its equilibrium value. Mintage isn't the only determining factor in value for proof sets... what really matters is supply relative to demand. Even if the mintage is low, if almost everyone has one that wants one, the value won't be especially high. Still, triple its issue price after only one year is nothing to sneeze at. Look at some of the other 1999-2004 clad proof sets. The excitement of the 50 state quarters, plus the Sacagaweas that haven't been issued for general circulation since 2001, is driving up the value of recent proof sets by quite a lot.</p><p><br /></p><p>Ironically, again because of supply relative to demand, the clad sets have gone up in value more than the silver ones in some cases.[/QUOTE]</p><p><br /></p>
[QUOTE="Troodon, post: 95354, member: 4626"]Update: One year later... these are going for $60 giver or take $5 or so on eBay. Still that's pretty good for only a 1-year-old clad proof set. I think what you were seeing happening a year ago was a spike in demand due to speculation of their values based on their mintages... but demand has cooled to pretty much its equilibrium value. Mintage isn't the only determining factor in value for proof sets... what really matters is supply relative to demand. Even if the mintage is low, if almost everyone has one that wants one, the value won't be especially high. Still, triple its issue price after only one year is nothing to sneeze at. Look at some of the other 1999-2004 clad proof sets. The excitement of the 50 state quarters, plus the Sacagaweas that haven't been issued for general circulation since 2001, is driving up the value of recent proof sets by quite a lot. Ironically, again because of supply relative to demand, the clad sets have gone up in value more than the silver ones in some cases.[/QUOTE]
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Potential value for 2004 CLAD Proof Mint sets?
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