Apmex 90% Silver Quarters

Either way, 27-29x face seems a little high...

But ya, must just have a lower demand for proof Statehood Quarters. I think silver collectors like the history of old silver quarters though, but who knows

cause they've been worn and whatnot

Ed at times when I have purchased silver when the prices were higher I did get some of the 2010 silver proof quarters from the Mint at 39 95. They are cheaper than the 2011 and cost at the time what I would pay for junk silver ( I pay at a local shop spot plus 3 percent) thought the proofs would hold more value especially if price decreases. If not and prices rise fine as well. Win win. 2010 only until year end at mint though. Also since they are the first year may have added value later on for those that may want to buy if the quarter collectin picks up

This is the same thing that I found when buying silver on ebay back in August. I could routinely buy US Mint Silver Proof Sets for spot or less while junk 90% coins where going for 5-10% over spot. I would much rather have a very nice proof coin in the US Mint packaging than a plastic zip lock full of worn 90%.

I don't worry about selling silver proof coins. I will be selling my proof coins to a dealer, fellow collector, or a jeweler. Any of these people will know that the coins are silver. I also don't buy into the whole return to PM as currency after the collapse of the US dollar theory.

I love proof coins too...the only hassle with resale is the handling issue...it's so easy to smudge them, while unloading and viewing a purchase from a roll...cotton gloves a must, or, I pay the price eventually with a mis-handled coin...for resale, uncirc. coins are easier to handle...
I would use production numbers as a defining analysis for purchase..whatever year has the lower mintage would eventually become the most valuable over time, plus, first year of issue..the 1999 State Quarters always seem to have a slightly higher premium then following years...

Regarding the Proof silver, some have pointed to the fact that many "common silver buyer" will not know they are silver coins (their definition of silver coins are anything minted 1964 or prior) AND many more people collect BU Washington quarter (by building BU set); on the other hand, the advantage is the proof coin look nice, come in mint packaging (can be use as proof of silver content).

One thing to realize is that you can never buy Proof silver coin for below melt, you can do that with "junk silver". The price of 25x face value is sure high. I a selling mine at 24x right now (listed on CCF for quite sometime already, don't know why nobody bite.....).

Summary: If you like nice looking/quality coins that come with the mint's plastic casing then go with the Proof - pay a little more than melt. If you want most bang for your buck, go with the common 90% coins and buy from other for below melt.

Just before the mint stopped selling the proof silver 2010 quarters I purchased for just under spot. The next day they were not available for sale. I realize that silver has since dropped but I basically paid for those 5 quarter 2010 proofs junk price. I try to buy a little at a time so this was my choice when silver was high and still able to bw purchased