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US Mint 2013 Silver Proof Set

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Author Previous TopicReplies: 11 / Views: 1,856Next Topic  
Valued Member
Newmismatist's Avatar
United States
197 Posts
 Posted 02/16/2014  11:52 am Show Profile   Bookmark this topic Add Newmismatist to your friends list Get a Link to this Message Number of Subscribers
Last fall I bought the 14-coin silver proof set from the U.S. Mint for $53.95. I just noticed that the Mint has sold out of the set and the set is now selling for as much as 80 or 90 dollars on ebay.

What gives? Is the Kennedy half driving the price increase? I saw a couple of 2013 Kennedys broken out of the set selling on ebay for 30 bucks or more, and I understand that the 2012 Kennedy is commanding a pretty nice premium. Or are there other coins in the 2013 set that are driving the price as well?
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denco7's Avatar
United States
2543 Posts
 Posted 02/16/2014  12:09 pm  Show Profile   Bookmark this reply Add denco7 to your friends list Get a Link to this Reply
Due to the unexpected sellout of the 2012 silver proof set, even with the additional 50,000 SE sets, the 2012 proof Kennedy are still the key coins (lowest mintage) in the Kennedy series.
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Newmismatist's Avatar
United States
197 Posts
 Posted 02/16/2014  1:29 pm  Show Profile   Bookmark this reply Add Newmismatist to your friends list Get a Link to this Reply
Yes, and I wonder if something similar is going on with the 2013 silver proof set?
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 02/16/2014  1:36 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
Due to the unexpected sellout of the 2012 silver proof set, even with the additional 50,000 SE sets, the 2012 proof Kennedy are still the key coins (lowest mintage) in the Kennedy series.


This is a hint - keep that set. They're going to be cannibalized for Kennedy's in the future, making the full set scarcer going forward.
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denco7's Avatar
United States
2543 Posts
 Posted 02/16/2014  1:46 pm  Show Profile   Bookmark this reply Add denco7 to your friends list Get a Link to this Reply
The 2013 set is sold out also. Last report had it at 419,148 units, which would make it the second lowest proof Kennedy.
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 02/16/2014  1:47 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
The 2012 S silver proof set contains the key coins for both the Kennedy proof silver half and the Roosie proof silver Dime 395k + 50k so around 445k.

The 2012 silver proof set is selling for between $160-185 and the LE set is now between $230 and $280

The 2013 is not far behind that key set with 419k + 50k (assumed) so around 469k...not much difference

The 2013 silver proof set is now between $75-100...time will tell what the LE set will go for once it sells out. My guess is that it will approach the 2012 set in price and settle just below...
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OldSkoolMadSkilz's Avatar
United States
2077 Posts
 Posted 02/20/2014  2:11 pm  Show Profile   Bookmark this reply Add OldSkoolMadSkilz to your friends list Get a Link to this Reply
Here we go again. I bought two at $61.95 last year hoping that they would go up. When the price dropped to $53.95 I was bummed. I'm holding out for $125 and then I'm going to sell my extra. Bet that's only a couple months from now. Littleton has them for $96.95, which is actually a decent price right now.
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derekbob24's Avatar
United States
38 Posts
 Posted 03/14/2014  8:06 pm  Show Profile   Bookmark this reply Add derekbob24 to your friends list Get a Link to this Reply
Missed the boat on buying my 2013 SPS from the mint before they sold out. Bought one off of ebay today for 86$. Decided to go for it now just in case the price goes crazy like the 2012. I will deffinitely buying my 2014 sets from the mint as soon as they come out. It is crazy not too. Once they sell out at the mint the premium seems to skyrocket.
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United States
5205 Posts
 Posted 03/15/2014  12:03 am  Show Profile   Bookmark this reply Add jack jeckel to your friends list Get a Link to this Reply
I paid $60 or whatever the original issue price was when they first came out last year because of all of the hype of the 2012 set.

Then they dropped the price to $54.95 when silver dropped and I have been kicking myself all year because I didn't really want the set and bought it as an investment and whenever I do that it never seems to work out.

Now I feel a little better knowing the price has gone up.
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derekbob24's Avatar
United States
38 Posts
 Posted 03/15/2014  12:15 am  Show Profile   Bookmark this reply Add derekbob24 to your friends list Get a Link to this Reply
I need this one for my danscos. Still going to have to pay an arm and a leg for the 2012 sps though. Oh well at least if the 13 sps goes crazy I will already have mine.
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joey's Avatar
United States
282 Posts
 Posted 03/15/2014  12:19 pm  Show Profile   Bookmark this reply Add joey to your friends list Get a Link to this Reply
Wow! I never pick me up any! of those. I guess I have to pick up as many as I can for as low as I can fast as I can! Does anybody remember the end of 2012 they released it special silver set for the US Mint? Included a Silver Eagle . I remember. correct? Anybody remember that?
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rupester's Avatar
United States
1300 Posts
 Posted 03/15/2014  12:46 pm  Show Profile   Bookmark this reply Add rupester to your friends list Get a Link to this Reply
Dealer hoard? Price inflation?
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