Repeat Of 1999?

I thought the reason 1999 is so valuable is that there was a limit of 1 imposed at the mint for purchase at that time and there were no silver quarter proof sets.

I don't think these silver proof sets will reach the valuation of 1999, but I think they may hold value and possibly increase slightly.

Newbie here.. FYOI set ?

Lori

Thinking of buying 2 silver proof sets and 2 proofs. Or do you guys think it would be a better investment to just grab 4 or 5 silver sets?

Condor and Oober may be right but I don't recall. All I know is that I either ordered 10 on a lark and got them or they arrived though the subscription program. I do remember receiving an email from the mint to buy more. I can't remember if the subscription program had anything to do with it, or if was even active then, but I didn't re-order and have no idea why; sure wish I did.

I just checked, the 1999 Silver Proof Set is still selling for about $280.00. That's still a nice, tidy premium. BTW the LYOI silver set has since doubled in value. I bought 15 each of all 2008 sets but have no idea how it happened. That's a story in itself.

I think people are waiting to see if the coins will be as popular. I was a little disappointed with the Hot Springs coin; heard one guy call it "a memorializing of an Arkansas Privy". The other 4 really look good. I'm still ordering them.

BTW, if decide not to order them and later want them, wait a while. The set's price will decline as it seeks its popularity level; unless the mint decides to halt production of course. Then it's every man and woman for themselves. Children first of course (I'm ownwy 6 yeaws ode). (OK, add a zero.)

OK, now I have to walk to the other part of the house. I quoted the October Coin Values retail price, don't have a greysheet right now....wait for it....Oh darn, there's the door bell... it says $65 not $85. OK, it has not doubled. I have to start wearing my glasses when I read. What did we pay for these? I thought around $40 but I'm probably wrong. Still a decent premium if you can sell them.

One of my local coin stores wanted $75.00 for a set and he was out. Strange that he wouldn't buy some of mine (chuckle ).

Now lets not get into a discussion of what the coins are actually worth; there's not THAT much silver there. They are worth what the market will bear and The Coin Values price represents what some have paid.

Suffice it to say that I hope that the coins are a huge success and everyone fills their collection inexpensively.

BTW, that door bell was delivery of History of the US Mint, NGC Grading Guide for US Modern Coins, Red Book Guide for Morgan dollars, Red Book Guide for Lincoln Cents, Encyclopedia of Gold Coins, 100 Greatest Ancient Coins, and Encyclopedia of Early American Coins. Woo Hoo, my reading is set for all week.

Regardless of if I make $200 off these FYOI ATB's, or $50, I went ahead and purchased 3 Silver Proof Sets. While I was browsing the mint site I noticed the 2009 Silver Proof Set was still for sale, so I gave in and bought one of those as well. =P

My fading memory of the 99 silver proof release has it that the mint halted production early on because of spots on the coins, and the result was a spend-fest by eager dealers and collectors. Even if these shoot up, prices will fall, but maybe not as much as one might expect. These are more artwork than coin, and will be HIGHLY collected.