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Replies: 17 / Views: 4,299 |
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New Member
United States
43 Posts |
I've been out of collecting for a while and was surprised to see the premiums these sets are bringing. The mintage was low I understand but '13 and '14 were even lower to my understanding, and you can still pick them up for about issue price... Do you think this will last? My conundrum is I look back in history and I still don't have the '99 silver set... its come down but not enough for me... don't want to be left out on the '12 sets... Thoughts? Edited by AndrewMarek 04/17/2016 10:54 pm
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Valued Member
United States
361 Posts |
2012 was a low year for lots of mint items of all kinds. I don't know the answer, I just know every time I'm looking for something 2012, it's a slight premium over the other years. Most likely because I got into coins in 2013 and the market is messing with my mind 
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Pillar of the Community
United States
724 Posts |
I have a 2012 and a 2013 set and silver proof set from 1957-1964 and SMS sets.
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New Member
United States
42 Posts |
The value in the 2012-S silver proof set is related to the 2012-S silver proof Kennedy half and Roosevelt dime. All the other coins (silver quarters, proof gold dollars, proof cent, and proof nickel) are more readily available than the silver dime and half because you can find them in other sets (clad proof set and silver quarters proof set). Silver proof dimes sell for $10-$20 each and the halves sell for $75+. This Wikipedia page is regularly updated to show mintage figures for the Kennedy half series from the mint's website: https://en.wikipedia.org/wiki/Kenne...tage_figuresAs you can see, the mintage of the 2012-S silver half is the lowest that it had been in the entire series (with the exception of the 1998-S silver Matte finish half).
Edited by boristhespider88 04/18/2016 1:01 pm
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Pillar of the Community
United States
4409 Posts |
The Mint cut ended sales of the 2012 sets earlier than anyone anticipated. The 2012 sets may come down in price some but I doubt they will ever be in the same price point as the cheap sets from the 1970s, 1980s, 1990s and the State Quarter years. There are hoards of those sets tucked away and in the marketplace. I highly doubt that any significant group of the 2012's exist. -MV
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Moderator
 United States
187702 Posts |
These two comments are important and need to be repeated... Quote:The value in the 2012-S silver proof set is related to the 2012-S silver proof Kennedy half and Roosevelt dime. All the other coins (silver quarters, proof gold dollars, proof cent, and proof nickel) are more readily available than the silver dime and half because you can find them in other sets (clad proof set and silver quarters proof set). Quote: The Mint cut ended sales of the 2012 sets earlier than anyone anticipated.
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Pillar of the Community
United States
4211 Posts |
I can't find a 2012 90% Kennedy silver half for less than $150. Have seen a few in ebay in the $130's. I was at a show Saturday and found 1 in the entire building...$175 price tag. Going to a really big show in June. Will check there.
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Bedrock of the Community
United States
17884 Posts |
Quote:These two comments are important and need to be repeated... Quote:: The value in the 2012-S silver proof set is related to the 2012-S silver proof Kennedy half and Roosevelt dime. All the other coins (silver quarters, proof gold dollars, proof cent, and proof nickel) are more readily available than the silver dime and half because you can find them in other sets (clad proof set and silver quarters proof set). And how is this different from the 2013, and 2014 sets? Lower mintages and they are the only way to get the silver Kennedy's too. Same for the Roosevelt dime in 13. In 14 I think the dime could also come from the March of Dimes set.
Edited by Conder101 04/19/2016 1:19 pm
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Moderator
 United States
187702 Posts |
Quote: And how is this different from the 2013, and 2014 sets? I meant that they needed to be taken into consideration together. It is the only way to get them and they cut off sales early; those who waited were left to scramble. I apologize for the ambiguity. Quote: In 14 I think the dime could also come from the March of Dimes set. The MoD set was in 2015, it has a Reverse proof P dime and a normal proof W dime, but no normal S silver proof dime. The 2014 Roosevelt C&C set does have a 2014-S proof dime, but it is clad.
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Pillar of the Community
United States
1913 Posts |
I didn't buy 2012 sets simply because the mint didn't send me the mailing that I had become accustom receiving. Yes, the totals for both 2012 sets are slightly lower than other sets. However, I think there's more going on here than just that. I went to a 3-day coin show last weekend that had over 325 tables. I saw four 1995-W Proof Silver Eagles (the key to the ASE series that sell for $3,500++). I was looking, but didn't see the first 2012 proof or silver proof set. I did hear a dealer asking another if he had any. My guess is that they are being hoarded by speculators.
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New Member
 United States
43 Posts |
Thanks for the replies everyone!
Gotta love the free market at work! I don't have to buy it unless I want it and those folks out there with a set don't have to sell it unless they want to. It'll all figure itself out... America... I love it!!
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Pillar of the Community
United States
717 Posts |
I think jbuck touched on the important key, and Bret hit the nail on the head. The key is that people who were used to ordering the sets late in the year were caught off guard when the mint stopped offering them for sale. This caused a surge in price on the secondary market. (This didn't happen the next two years, mintage was low, but no one was caught off guard) The big difference is people are holding on to the 2012's hoping the price continues to rise. Fewer sets are available, price stays high.
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Pillar of the Community
United States
613 Posts |
Very interesting conversation. Took me forever to find a '12 silver proof Kennedy at an affordable price. Wait for your pitch, I suppose.
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Valued Member
United States
124 Posts |
Coin dealer don't even buy proof sets anymore. You will probably only get face value for it when you want to sell it. Don't buy any proof sets. It's just shinny change my coin dealer said.
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Pillar of the Community
United States
1913 Posts |
Sounds like he trying to justify his lack of inventory.
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Pillar of the Community
United States
1373 Posts |
I never used to buy any sets directly from the Mint; I used to get what I needed from vendors. However, after the money I had to pay for the 2012 sets, I now get them as soon as I can from the Mint. I also thought about waiting until all the yearly varieties were available and then buy them all at once (saving shipping) but I'm gun-shy now and buy them ASAP. Quote: Silver proof dimes sell for $10-$20 each and the halves sell for $75+.
Quote: I can't find a 2012 90% Kennedy silver half for less than $150. I had to pay just over $100 for my Kennedy; and that was (I think) a good deal at the time. I haven't looked at recent rates, but if they are around as low as $75+ I'd be surprised. Debrajc: are you looking for raw or slabbed Kennedy's? If you are looking for raw, like I got mine, you should be about to find better deals somewhere. My most recent US coin purchase was both the 2012 clad and silver Roosevelt proofs, and I got both for $28 at a coin show. Now I just need the 1950 proof to finish that set.
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Replies: 17 / Views: 4,299 |