| Author |
 Replies: 29 / Views: 4,673 |
|
|
|
Valued Member
 United States
99 Posts |
So, do you guys think the 2009 Clad Proof Set could sell for $200+ ten years from now like the 1999 Silver Proof Set?
|
|
Pillar of the Community
United States
3098 Posts |
ho ho! No way... what's the latest mintage of the sets, a million or so now? and oh yeah, why is the 1999/2000 Silver quarter proof set so expensive? Not enough supply?  |
|
Valued Member
United States
129 Posts |
The 2009 will be selling for less than the issue price ten years from now. The Lincoln proofs are nice but they are making way too many of them. They will also be including the Lincoln proofs in the silver set and I think they are going to issue the Lincoln Cent set separately later this year. |
|
Bedrock of the Community
United States
14454 Posts |
Quote:
why is the 1999/2000 Silver quarter proof set so expensive? well in 1999 it was the first year of the State Quarters and in that first year they werent all that popular. There were quite a few that bought the clad proof set to get the quarters but not many sprang for the silver proof set so now the silver proof set has skyrocketed in price because the supply isn't there for the demand. You are actually just paying for the silver quarters and getting the rest of the coins free because just the quarters sell for about the same price the whole set does Quote:
So, do you guys think the 2009 Clad Proof Set could sell for $200+ ten years from now like the 1999 Silver Proof Set? why would a clad proof set be worth what a silver proof set is worth? Anyway, I doubt these (silver or clad) will ever be worth anywhere near the 1999 silver proof set because the supply will be so much larger than the demand for these will ever be. Remember the Lincolns in the clad proof set are exactly the same as the ones in the Silver Proof set, so if there are 5 million clad proof sets made and 1.5 million silver proof sets there are actually 6.5 million of each proof Lincoln Cent that is exactly alike. And that is not mentioning if they sell just the Lincolns by themself, if they do that and they make 2 million of them you have to add 2 million to the number above get where I am going with this? These things will probably never see a increase in value in your/my life time (wouldn't matter is you are 6 months old). I always buy atleast 1 clad proof set and 1 silver proof set each year so I will do the same this year but I don't think we will ever see a increase in value on these |
|
Valued Member
United States
99 Posts |
What about the Lincoln Cent sets? Do you think these could increase in value? |
|
Pillar of the Community
United States
1231 Posts |
The Lincoln set that is proposed to come out has the 4 cents and also the Lincoln dollar. And the mintage is limited to 50K sets. But it is now no longer listed on the mints website schedule.
|
|
Pillar of the Community
United States
2589 Posts |
i wonder if any product will have clad lincoln proofs, hopefully some will be made by mistake.
I think in the long run this years mint set will be worth more than the clad proofset because the mint set will be the only way of getting non-proof pure copper pennies. While proofs will be availiable in the clad proofset, silver proofset, as well as the special lincoln set.
-XoG
Edited by XavierOfGreen
07/20/2009 8:00 pm
|
|
Valued Member
United States
99 Posts |
When does the special lincoln set come out?
|
|
Pillar of the Community
United States
2734 Posts |
Quote:
Gothic Florin "One has no real value should fiat money collapse like in Zimbabwe, and one has real value." Only eight of the 18 coins in the Silver Proof Set are 90% Silver, so it's not exactly the best choice to buy for 'silver bullion' purposes.  If you buy the Silver Territorial Quarter Set and the full Clad Proof Set, you could sell the six Silver Quarters if silver skyrockets, and then you'll still have a full Clad Proof Set to enjoy as a collectible. Example: If silver hit $100 an ounce, the Six 90% Quarters would be worth $108.51 in melt value. The eight 90% silver coins in the Silver Proof Set would be worth $151.91 in melt value. You'd get $43.40 extra for selling the Silver Proof Set, but you'd lose the 10 other coins (or break up the Set). The other seller didn't get the extra $43.40, but they still have a complete 18-coin Set. Remember, even the Clad Proof Set's value isn't tied to 'fiat money', they might hold their value better than many other collectibles. If the Clad Proof Set's value goes up simply because of inflation (Say, to more than $43.40!) and the subsequent desires by investors to have any collectibles instead of fiat cash, you might make out decently on the Clad Proof Set as well. If not, then you still have a complete 18-coin Set and you made a gain on the Silver Quarters. You could also buy the Silver Proof Set, keep only the eight 90% Silver coins, sell the rest of the coins on ebay (especially the Cents!), then buy an ASE with your proceeds.  If we have hyperinflation, anything that isn't fiat money will start to look good to investors, even stocks did well in the Weimar Republic... Edited by DNA
07/20/2009 10:31 pm
|
|
Bedrock of the Community
United States
14454 Posts |
Quote:What about the Lincoln Cent sets? Do you think these could increase in value? I really doubt it because they are flooding the market with these things and anytime you have plenty of supply to meet the demand it keeps the prices down |
|
Bedrock of the Community
United States
17884 Posts |
And the color of the insert in the holder is different.
|
|
Pillar of the Community
United States
2734 Posts |
The Silver Proof Set has a red color theme for the box and lens inserts, instead of the blue theme for the Clad Set. I've seen the 2009 Silver Proof Set in person at the Denver Mint Gift Shop, but I'm not in a big hurry to buy it just yet. The Lens in the 2009 Proof Sets that contains the Proof Native American Dollar has a clear area surrounding the edge so that you can see the edge lettering of the coin (or, in the case of my particular Clad set, the lack of most of its edge lettering!).  The lens with the N.A. Dollar also contains the Proof versions of the Nickel, Dime and Half-Dollar. They too have transparent areas around the edges of the coins. If you have the Clad Set, you are able to see the 'sandwich' edges of the Clad Dime and Half-Dollar.   If I had designed this lens, only the N.A. Dollar would have had a transparent edge surround in the Clad Set! It just looks so much better to see the Silver edges of the Dime/Half in the lens of the Silver Proof Set.... I'd have probably done transparent edges for the Silver Quarter lens, too!  Edited by DNA
07/31/2009 2:39 pm
|
|
Pillar of the Community
United States
2734 Posts |
Of course, right after I said I wasn't in any hurry to buy the Silver Proof Set, I went out and bought it anyway! The pictures of my Set are in this thread. Edited by DNA
07/31/2009 7:06 pm
|
|
Pillar of the Community
United States
2734 Posts |
One thing that may help retain some value for intact 2009 Clad Proof Sets is that so many of these sets have been broken up just for the Copper Cents. And now all of those Sets were broken up for 'nothing', because the Mint is releasing a 2009 Cent-only Proof Set on August 26th! |
| |
Replies: 29 / Views: 4,673 |
First Page
Posted 07/20/2009 02:57 am
