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1999 S Silver State Quarter Set

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JSH's Avatar
United States
410 Posts
 Posted 04/23/2012  11:16 pm  Show Profile   Bookmark this reply Add JSH to your friends list Get a Link to this Reply
I don't see modern coins holding much numismatic value. 1999 silver proof sets are by no means rare. Just look at the mintage numbers:

1999 - 804,000
2000 - 965,000

Looking at those numbers I can't see any way to justify the difference in price. 2000 sets sell for spot while 1999's are selling for 3 to 5 times silver spot. I suspect prices for the 1999's will continue to fall to near parity with the other sets in the series.
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Bizybackson's Avatar
United States
1817 Posts
 Posted 04/24/2012  4:05 pm  Show Profile   Bookmark this reply Add Bizybackson to your friends list Get a Link to this Reply
Agreed, the 1999 silver proof set were way overpriced for a long time, and now that everyone's putting their money in PMs, the sets are coming down in price, probably not to parity in the short term, but it will probably always cost more than the 2000-2002 sets, all of them under 1M sets total. It definitely seems the frenzy for the State Quarter program is over and the demand is not there for the collectible quarters. The ATB Quarters are not widely collected as most people have never seen one, so while the first silver set with them (2010) is also under 1M, the demand just isn't there, so it only sells at a modest premium over melt like the later state silver sets.
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Penny4Me's Avatar
United States
745 Posts
 Posted 04/24/2012  7:01 pm  Show Profile   Bookmark this reply Add Penny4Me to your friends list Get a Link to this Reply
But...1999 silver proof sets COULD contain 2 very rare coins, which partly could justify the higher price:
1999-S PF70 DELAWARE PROOF SILVER QUARTER about $2000-$3000
1999-S 1C Lincoln Proof Cent Close AM FS-901 about $300
So maybe people pay more for 1999 silver proof sets on hopes that they may get these very rare coins?
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