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 Replies: 29 / Views: 5,204 |
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Valued Member
United States
187 Posts |
I went to see a local coin dealer today and after a lot of bull slinging, I noticed a 1999 Silver Proof Set in the display case. He wants $160.00 for it. Good deal or not?
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Pillar of the Community
United States
4989 Posts |
That is an excellent price
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Pillar of the Community
United States
3592 Posts |
I usually see them selling for $200, so $160 sounds good without seeing them.
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Valued Member
United States
56 Posts |
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Pillar of the Community
United States
1213 Posts |
Please, tell me where he is & I'll go get one too,
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Valued Member
United States
185 Posts |
Why is the 1999 silver proof set so high? Low mintage?
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Pillar of the Community
United States
3278 Posts |
Not sure why it's in such demand. First year for the State Quarters maybe. The mintage is about what the silver sets have been, under a million. Maybe someone else will chime in. |
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Valued Member
United States
57 Posts |
I've been wondering as well, why it's valued so highly...
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Valued Member
United States
442 Posts |
Quote:
Why is the 1999 silver proof set so high? Because they were limited to a one per household ordering limit from the u.s. mint in 1999 |
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Bedrock of the Community
United States
14454 Posts |
1999 was the first year of the State Quarters and the silver sets weren't that popular so didn't sell very good, most people just got the regular proof version so now the Silver proof is low mintage and the demand is so high because of all the collectors the State Quarters brought to the collecting world (this is probably the one series that has brought the most new coin collectors to the hobby) |
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Valued Member
United States
185 Posts |
Yes, I guess you can say that the State Quarters got me into collecting. |
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Bedrock of the Community
United States
17884 Posts |
Quote:
Because they were limited to a one per household ordering limit from the u.s. mint in 1999
Two sets per household. but that's basically it. Especially considering it has a HIGHER mintage than the silver proof sets that came before it. Yes it's one of the lowest for the State Quarters sets but ther are still plenty of them around. Is it a good price? Hard to say, they used to sell for over $300. It's definitely a better buy now than it was then, but will it hold it's value or keep slipping. So far the trend has still been downward. |
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Pillar of the Community
United States
3592 Posts |
Condor has a point...just checked ebay completed listings and they are as low as $140...big drop since a couple months ago. |
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Moderator
 United States
187689 Posts |
Also worth mentioning is that you could not buy just the silver quarters in their own proof set like you could starting in 2004. If you want to complete a Silver Proof Statehood Quarter set, a 1999 Silver Proof Set will have to be broken apart. |
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Valued Member
 United States
187 Posts |
I am going back to the same dealer this weekend. If it is still there, I will buy it. Let you know how it goes. Thanks for the responses.
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Valued Member
United States
187 Posts |
I got the 1999 Silver Proof Set today. $160.00 was the price. Now I will start making a set of silver proof State Quarters. Isn't it always said to get the key date or hard to find coins first, when trying to build a set? |
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Replies: 29 / Views: 5,204 |
Posted 12/05/2010 7:10 pm
