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Replies: 11 / Views: 1,578 |
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New Member
United States
2 Posts |
Hey All newbie here hoping I can utilize your expertise. I know Statehood Quarters are not all that rare, I am interested in obtaining a complete set more for posterity than making money on them in th future. However I would like to get a good deal on a set that has the most value currently. I have seen several sets that are from the San Fransisco Mint, I know these are proof sets that tend to look better than those of the P and D mints. But are the S minted ones actually worth more? I am considering an entire S mint Proof collection 1999-2009 56 coins -Cupro Nickel Clad, for $250. Is this a good deal? Thanks!
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Valued Member
United States
406 Posts |
Well, as far as metal content goes, an S-mint State Quarter has the exact same composition as a P or D-mint coin, so in that regard they aren't worth more. (Silver proofs, of course, are a different story entirely.) So, any premium over face value would be entirely due to their status as "proof" coins which are much more attractive (in the opinion of most) than regular business strikes. That having been said, not all proof coins are created equal - some proof coins have been known to pick up slight blemishes during the manufacturing/packaging process at the Mint, and then they might be subject to possible additional damage after leaving the mint, depending on how they are handled. A proof with a fingerprint, scratches, or other damage from careless handling is going to probably be worth very little over face value. $250 for 56 coins works out to $4.46 per coin. I recently completed a set of Cu-Ni State Quarter proofs - I paid more than that for some, less than that for others. It might be helpful to see some pictures of this set to get an idea of their condition and packaging - it might be helpful in getting a good answer. But, I don't think $250 for 56 proof coins is completely out of line at this point. If you are looking to get the whole set in one shot, then paying a little bit more for the extra convenience as opposed to getting each coin individually might be worth it to you.
Edited by ljenkins990 12/21/2011 4:05 pm
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Bedrock of the Community
United States
11951 Posts |
IMO $250 is much to high. I think I could find clad proof sets in the $100 - $150 range complete and in a Dansco.
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Pillar of the Community
United States
1406 Posts |
Build a set of the silver proofs for as close to melt price as possible. Cost is a bit more but you WILL get your moneys worth so to speak. (Plus I actually like the look better then regular proofs) Right now a set of 56 silver proof quarters (if bought for melt price) would be about $300.00. I think this would be your best option for both posterity, looks, and value going forward.
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Pillar of the Community
United States
1406 Posts |
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Pillar of the Community
United States
1817 Posts |
No, $250 for the CuNi proofs is entirely way too high. A couple of places were selling the quarters in OGP w/o boxes or COAs for $79.95, one retailer that offered this deal during the year was South Park Coins in Texas. Not sure if they still are offering it. Believe they now have a web site.
If you are looking for just the uncirculated coins, Valley Coin (www.valleycoin.com) has the full 112-coin set for $67.95, the 100-coin set for $54.95 and a single mint 50coin set for $35.95. They also have the CuNi proofs for $125.00. Shipping is always a mere $5.49, and they are FAST and really friendly folks over there in Minn.
Captain Kurt is right about the silver proofs, but you probably could not get the set for $300.00. I have built three sets so far this year and the average range of the set price has been between $435.00 and $470.00. They look great too when white and untoned.
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Valued Member
United States
309 Posts |
The silver ones look so much better.
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Valued Member
United States
309 Posts |
Otherwise, just build a set from circulation for $12.50
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New Member
 United States
2 Posts |
Thanks for the responses. Here is the set I was looking at. I would agree it may be overpriced if they were not Proofs and sealed in plastic, also has a cool case so that's not bad. I was just not sure if S would be more desirable in the future by collectors than P and D. P and D is what I had always heard everyone talk about. I have about 80% of a P and D collection from Circulation but these coins are so overproduced thats only uncirculated coins would be worth anything more than face value in the future. http://www.collectorsalliance.com/P...ctCode=18866
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Pillar of the Community
United States
2150 Posts |
I have built and bought complete sets of the proofs and silver proofs. In my opinion, even with the airtites and the display box, you could build that set yourself at a fraction of that cost.
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Pillar of the Community
United States
1817 Posts |
I've seen that set, most of the money goes into the box and the Air-Tites. I am pretty sure you can get that exact same box for around $50 on e-Bay or the Internet. That entire set up should run about $175.00 if you DIY. Just a suggestion.
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Pillar of the Community
United States
1406 Posts |
Buy the coins, not the holder.
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Replies: 11 / Views: 1,578 |
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