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 Replies: 9 / Views: 1,913 |
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Valued Member
United States
144 Posts |
question?
If the us mint offer rolled sets of silver quarters would you buy them? What price would you pay per roll?
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Pillar of the Community
United States
4901 Posts |
Spot + a small premium....I would assume circ quality quarters if they are in rolls
Edited by Foxwoods Man
11/25/2014 4:56 pm
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Valued Member
United States
317 Posts |
They offer 5 proofs for $32 or 6.40 each now,so times 40=$256. Fresh collector unc coins could go for $5 so $200. I'd more than likely take a generic collector puck over a generic silver unc roll if offered, so I would pass.
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Pillar of the Community
United States
1037 Posts |
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Pillar of the Community
Canada
2517 Posts |
If they have the same design, wouldn't it be likely for a few to escape into circulation?
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Pillar of the Community
United States
883 Posts |
Interesting idea and I agree with Foxwoods Man. I doubt this pricing would be the case so, in the end, I would not buy as I am sure the price would be too high.
SlurExe97: It is a certainty that some would escape and some probably are escaping now. Collectors die, people steal, and those that end up with the silver coins may not be educated enough to know they are silver and will spend them.
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New Member
United States
13 Posts |
With the current price of silver down coupled with the economic uncertainty that lies ahead, it would make sense to invest some dollars in proof silver coins, if they can be bought at a low premium above spot.
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Valued Member
United States
309 Posts |
Grey sheet for some Silver Quarter Proof Sets (5 coins) are as low as $16.50. That's a small premium over spot.
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Pillar of the Community
United States
2734 Posts |
Over the years, I have bought many modern Silver Proof coins close to/at spot, and even below on a few lucky occasions. At one coin show, I bought several loose Silver Proof Quarters lenses at spot, and all the junk silver buyers walked right past that table... ;-) I do wish the circulation-finish "S" ATB Quarters were made in 90% silver, but if that was the case it would make more sense to sell them as an annual five-coin Set in a lens, rather than rolls. |
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Valued Member
United States
58 Posts |
I wouldn't buy them. I prefer to purchase Pre-1964 as they will always have a premium over spot
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Replies: 9 / Views: 1,913 |
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Posted 11/25/2014 4:52 pm
