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 Replies: 18 / Views: 4,261 |
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Pillar of the Community
United States
3276 Posts |
Anyone know why their price has been shooting down? A lot of people paid $200+ for this year alone. I thought I was fortunate enough to pay $100 about 6 months ago. Now checking ebay you can get this set for $70 to $80. What gives? |
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Pillar of the Community
United States
1302 Posts |
I bought a 1999 silver proof set (the entire set) for under $100 four or five months ago. I don't know where you got your pricing guidance.
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Pillar of the Community
United States
2295 Posts |
I remember about 8 years ago, the full silver set was going for over $300 a set. It is all about demand. Now that the State Quarter series has ended, demand for them has gone away and dealers are selling them for whatever they can get them for. |
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Pillar of the Community
United States
526 Posts |
When I completed my set over 1 1/2 years ago, I paid $130 for just the stinking quarters. :(
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New Member
United States
23 Posts |
Hello, I bought my 1999 silver set for 79.99 3 weeks ago on ebay. I believe the demand has gone down for a couple reasons. A lot of people right now are purely putting there money they use to spend on coins or whatever currency they collected and are now buying Bullion. I am not one of these people I have always bought bullion but not in a crazy quantity. Not to mention the economy has been down for so long people just do not have the spending money that they use to. Take advantage of this time like I have and buy all of the under valued things that you can. That 1999 silver set will be worth a lot more then $100 at some point. Its just a question on when that will happen. |
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Pillar of the Community
 United States
3276 Posts |
Quote:
I bought a 1999 silver proof set (the entire set) for under $100 four or five months ago. I don't know where you got your pricing guidance.
time flies, I just checked my ebay and it looks like I bought them 7 months ago. I got them for about $100 even when the set was going for $110 to $120. You must have bought it right when it started going down again. and yeah I guess I could have figured it was just demand. But wow, it's really going down, if it hits like $40 or $50, I'm going to buy another. |
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Pillar of the Community
United States
1302 Posts |
you know, clean PR69DCAMs will probably still fetch 40-50 bucks a piece. something to consider. Personally, I'd get them the heck out of that OGP as soon as possible. They'll tone badly.
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Pillar of the Community
United States
1227 Posts |
This is just a guess (I've never boughten full sets), but I'm going to say it may be what my family calls "Beanie Baby syndrome." Everybody wanted "This Rare One Of A Kind Collectable," and never stopped to think that everybody else would want one, too. Now the market is saturated with them, and so the value goes down.
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Pillar of the Community
United States
7840 Posts |
Oh my, I have a box of those Beanies somewhere in the garage...thanks for bringing that up!  (sarcasm) Edited by oih82w8
04/16/2012 5:46 pm
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Pillar of the Community
United States
3276 Posts |
Yeah but I was always curious as well as to why 1999 was so much more expensive than the other sets. strange. And oh yes, I remember the beanie baby days.
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Pillar of the Community
United States
1770 Posts |
like everything else the "fad" has died down to nill now its the ATB Quarters plus the fact they just made to many of those State Quarters |
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Pillar of the Community
United States
745 Posts |
I too believe the demand has gone down because they are putting coin money they into buying Bullion,
before Bullion when up in last 2 years... the full 1999 silver proof set was going for $300 a set.
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Bedrock of the Community
United States
17884 Posts |
Why? Because they were way over priced back then. People are starting to realize that a close to 900K mintage is NOT rare and that the mintage isn't that low compared to the other years. Especially at the end of the series. There are easily enough of those things to go around, and in such a case a high price can not be maintained.
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Valued Member
United States
410 Posts |
I may have to start watching them. I have 2000 to 2011 silver proof sets and would like the 1999 to complete my 50 State Quarters. Even $70 seems pretty steep for me though as that would be a 100% premium over melt. |
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Pillar of the Community
United States
745 Posts |
the full 1999 silver proof set for $70 is a steal... it was going for $300 a set in 2009.
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Pillar of the Community
United States
3276 Posts |
yeah I thought I got it for a steal for $100.
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Replies: 18 / Views: 4,261 |
Posted 04/16/2012 03:12 am
