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1999-2008 Proof Sets?

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djx's Avatar
United States
99 Posts
 Posted 08/18/2015  2:00 pm Show Profile   Bookmark this topic Add djx to your friends list Get a Link to this Message Number of Subscribers
I was looking at ebay last night for a group of clad 1999-2008 full proof sets and they are in the range of $120-150. Do you think that the clad proof sets from 2010-2021 ( ATB full sets) will drop like this once the series is over?
Edited by djx
08/18/2015 2:44 pm
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Debrajc's Avatar
United States
4211 Posts
 Posted 08/18/2015  2:23 pm  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
2012 was bit of a key series year in proof sets and silver proof sets so I wouldn't expect them to go that low. And it's too early to tell if we might have a repeat of 2012 before the series is over?
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djx's Avatar
United States
99 Posts
 Posted 08/18/2015  2:45 pm  Show Profile   Bookmark this reply Add djx to your friends list Get a Link to this Reply
Wasn't 2008 also a keydate at one time?
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GR58's Avatar
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11951 Posts
 Posted 08/18/2015  3:18 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
Most all Proof and mint sets drop in value.

Even the 2012 sets are starting to come down from
their high's.

The 1999 Silver proof set was very high, I think
around $300 .. now can be bought between $75 and $100.

Sets are not good for investment, they are good for
filling albums.
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Conder101's Avatar
United States
17884 Posts
 Posted 08/18/2015  3:43 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Yes they will probably come down.


Quote:
Wasn't 2008 also a keydate at one time?

Yes, so were the 1999 and 2001 sets. Back in 1999 I was able to get $50 for the clad set for that year. The 2001 clad was the super high value of the 2001 silver set, but for awhile it also brought a seriously high value.
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BuckeyeCoinGuy's Avatar
United States
711 Posts
 Posted 08/18/2015  6:12 pm  Show Profile   Bookmark this reply Add BuckeyeCoinGuy to your friends list Get a Link to this Reply
I have no research here at all other than experience, but most US mint products seem to lose value over time in the secondary market.

Once the hype wears off or most collectors fill that hole, dealers need to turn their inventory and they do that on price.
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djx's Avatar
United States
99 Posts
 Posted 08/18/2015  7:24 pm  Show Profile   Bookmark this reply Add djx to your friends list Get a Link to this Reply
The reason I asked this question is because I'm debating if I want to buy them now or just wait until this series is over. I kind of wish I would've waited to buy the 99-08 sets now.
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jay799's Avatar
United States
156 Posts
 Posted 08/18/2015  9:32 pm  Show Profile   Bookmark this reply Add jay799 to your friends list Get a Link to this Reply
I have proof sets from the 70's and early 80's that were bought for me that I are worth peanuts.

I would say, go with what history tells you on this. Which is that proof sets generally do not really go up in value over time.
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 Posted 08/18/2015  9:44 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
I stopped collecting proof sets some time ago due to they all just drop, drop, drop in value.
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1913 Posts
 Posted 08/19/2015  10:53 am  Show Profile   Bookmark this reply Add Bret to your friends list Get a Link to this Reply

Quote:
I would say, go with what history tells you on this. Which is that proof sets generally do not really go up in value over time.

From an investment standpoint I'll agree. However, for me coin collecting is much less about investing and much more about having the coins to enjoy. I buy proof sets every year, but I do understand that my children probably won't get as much as I paid for them when I'm gone.
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jbuck's Avatar
United States
187792 Posts
 Posted 08/19/2015  2:14 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
However, for me coin collecting is much less about investing and much more about having the coins to enjoy.
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CSOTUS's Avatar
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 Posted 08/19/2015  2:45 pm  Show Profile   Bookmark this reply Add CSOTUS to your friends list Get a Link to this Reply
The 2012 silver proof sets have definitely come down, but I attribute some of that, and the value of the other years to the drop in silver.
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OldSkoolMadSkilz's Avatar
United States
2077 Posts
 Posted 08/19/2015  4:29 pm  Show Profile   Bookmark this reply Add OldSkoolMadSkilz to your friends list Get a Link to this Reply
I look forward to 2017 when the sets will return to two lenses and a lower price. However, I've heard that they are considering issuing both regular and RP sets, so I'll have to buy both.

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mrpapageorgio's Avatar
United States
669 Posts
 Posted 08/19/2015  4:30 pm  Show Profile   Bookmark this reply Add mrpapageorgio to your friends list Get a Link to this Reply
I started buying the proof sets to make sure I had all of the 50 State Quarters. Then I continued when ATB was being issued (somehow I got lucky to get a 2012 straight from the mint it seems looking back at my order history and reading these comments). That said, I will probably stop buying the proof sets once ATB stops unless they come out with another quarter set.
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jbuck's Avatar
United States
187792 Posts
 Posted 08/19/2015  4:51 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I look forward to 2017 when the sets will return to two lenses and a lower price.
You are assuming there will not be a ATB Round 2.

It is already in the legislation and totally at the discretion of the Secretary.
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mrpapageorgio's Avatar
United States
669 Posts
 Posted 08/19/2015  5:38 pm  Show Profile   Bookmark this reply Add mrpapageorgio to your friends list Get a Link to this Reply
Then what's after round 2? Famous people from each of the 50 states? :P
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