Worth investing in 50 Clad State Quarters Set?

My wife just became interested in collecting coins. I was wondering if it was worth paying $87 for the San Francisco minted copper clad set:

https://www.ebay.com/itm/50-Clad-St...389865?hash=item3f59ca9b29:g:nxgAAOSwkZhWS0Rk

Or should I just buy an uncirculated P or D mint set of 50 state quarters at 1/3 the price? I don't know which would hold its value better.

I'd love to buy the silver set, but can't afford it at this time. Thanks in advance!

 

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They're priced too high in my opinion. Unless they would all grade PF69, you'd never recoup your loss.

Chris

 

In my opinion both are too modern and common not to be cheaper a few years more down the road.
It is usually what happens with 'collectable' stuff.

 

They made a ton of these. They aren't worth anything.
You can collect them yourself at face value. I try and get as nice a coin as I can, whenever they introduce a new one.

 

It would be much better if they were all proof or all mint. Right now you can get the 39 National Park quarters for $12.95 from Littleton. I'm getting one for me and more for my grandsons. The only catch is that you will get other coins in the mail with them. You have to buy them or send them back. Not a big deal.

 

Not worth it. Plus the quality of the coins is probably MS64 at best, and with the number minted for each, I don't see those rising in value.

 

90% Silver Proof State and Territory Quarters can be had for 5 to 7 bucks each. Gorgeous coins, WAY prettier than anything clad and the silver value makes them an excellent buy. Won't make you rich but melt value today for a 90% silver quarter is $3.05.

 

Good point!

 

Who pays the postage to send them back?

 

I'm showing them at $60.89.

As for holding their value?

These coins, unless they have some unknown die varieties, just do not have any real "value" other than what they are to you or your wife. They are quite common and readily available. The only real upside that I could see from buying them like this is that you don't have to try and figure out what to do with the other coins that came in these proof sets.

BUT, be forewarned. Simple inexpensive purchases such as this from new coin collectors, generally leads to more focused and substantial premiums for future coins! (Such as the Silver Sets).

To put it bluntly, it's totally up to you or your wife but they probably could not be resold for $60.89 in the future.

 

Excellent points. One key though is, if you LIKE it? 60 bucks is not a great deal of money to spend on something that you like and it's primary purpose is to be looked at. People ask me often why I bought a particular coin, and very often I answer, I dunno, it's pretty, isn't it? If you're checking the silver spot price every day, you might not be JUST a collector anymore.

The other thing that makes some collections desirable is the presentation, the packaging. Look at US Silver Dollar Commemoratives. The nice fuzzy blue boxes are gorgeous. First thing many collectors do though is ditch the box, sell it on the aftermarket or give it to the kids to play with, then put the capsule in the stack or if it's potentially an MS or PR 70, ship it off to a third party grader.

 

Worth investing in? No. Worth collecting? Sure.

 

Not a bad post short, perhaps, the "excellent buy" thing, but perhaps you missed this?

If he wants a set and clearly stated he can't comfortably swing it right now, shouldn't that be enough?

 

You must e mail/ phone them to cancel the coins on approval.
Only the very first mail back is free. After that you have to pay for it.

I would have bought coins from them, but they are always 2 and 3 times the market price. Not worth it.

So I got my loss leader coins, and canceled the subscription.

 

Don't invest in any coins.

$87 doesn't sound especially expensive for 56 proofs but you might consider buying the 11 proofs sets instead. It's the same coins but they'll have more high quality specimens and (believe it or not) will be substantially cheaper. You can buy two of each and put together a set of the best coins for just a little more than $87.

Some of the states quarters will prove to be undervalued but only time will tell which.

 

Mr. Green is correct.
I was fooled by the clad proofs/ and silver proofs.

 

If memory serves, only since 2012..........

 

No, want a postal set given by a family member..

 

Nobody said that the respondents were supposed to read ALL of the comments before posting.

Chris

 

Ain't that the truth....