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 Replies: 9 / Views: 2,269 |
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Valued Member
United States
463 Posts |
With silver at around 34 an oz, I am thinking the mintage of a alot of coins will be limited or not purchased due to the prices. For one the 2010 and 2011 silver quarter and silver proof sets may be affected and does anyone know the current mintage for the two? I know alot of people were not going to buy the sets this year to the increases in price and I think they will be raising them again soon if silver hits 40. The only thing that wont go down are the ASE |
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Valued Member
United States
212 Posts |
The last stats I seen was on 2/15/2011. The 2010 Five-quarter silver proof set mintage is 232,999. The 2010 14-coin silver proof set is 526,225. The total for the silver proof sets from year to year is usually between 600,000-700,000. Much to early for the 2011 stats.
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Valued Member
India
265 Posts |
the price of silver has been steadily rising. Please dont smelt your silver coins for their bullion value. Save heritage.
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Pillar of the Community
United States
508 Posts |
I know that I do not care much for the proof sets and will be offloading mine when I sell all my silver. The only exception I'll make is with the 62 set I have. That proof franklin is just too cool to sell.  |
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Pillar of the Community
United States
6326 Posts |
Just wait until we see what price the Mint affixes to the 5oz. Silver numismatic versions of the ATB's ! ....  These will be the most expensive Frisbie Golf Pucks in HISTORY !! ...  And certainly unaffordable for most collectors, I would think. I know they will be for ME. |
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Valued Member
 United States
463 Posts |
exactly what I'm saying, everything from the mint will have a higher price which equals less people buying due to limited budget and in turn leading to low mintages
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Pillar of the Community
United States
1510 Posts |
yes-- I agree and Thank you Quote:
the price of silver has been steadily rising. Please dont smelt your silver coins for their bullion value. Save heritage Retired USAF 1983-2003
Edited by Coinstar
02/22/2011 9:47 pm
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Valued Member
United States
307 Posts |
I agree. The same is true for Gold issues. With the higher cost to produce and market the demand will decrease based on economic conditions. Since the mint can not afford to have a large inventory on hand the amount of coins minted will largely be determined by advanced orders. Now is not the time to sell for paper but to hold bullion coins for value. only my opinion.
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Pillar of the Community
United States
1348 Posts |
What caused the 1999 Silver proof set to be so rare? is this the same concept?
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Moderator
 United States
188130 Posts |
One reason why that set is pricey (not necessarily rare) because it is the first year of the Statehood Quarters. There was no option to buy just the silver quarters that year (as you could starting in 2004), so if you collect the silver quarters, you have to get them from the full 1999 Silver Proof Set. |
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Replies: 9 / Views: 2,269 |
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Posted 02/22/2011 6:18 pm
