| Author |
 Replies: 12 / Views: 1,528 |
|
|
New Member
United States
14 Posts |
So I've been on a ATB 25c bender... I'm currently at 8 sets of 2010 silver and 2011 silver quarters. I'm not completely sure why except to have a "roll" of each year. Maybe I should sell off some once I get them? |
|
|
|
Pillar of the Community
United States
6326 Posts |
 But as far as the intentions you suggest to do with these Silver Proof Sets....  I certainly wouldn't make "a roll" out of 16 Sets of Proof Silver Quarters ! These Proofs are coins that are meticulously made with a mirrored finish that needs to be protected, either by an album, 2x2's, slab, anything but a paper or plastic "tube" that will allow the surfaces to touch each other and damage them. And really if you are dead set on having "Silver Proof Rolls" of these, you will need 40 quarters of EACH design to make ONE roll ! So for 2010, you'd need 200 total Silver quarters to have one roll of each of the five deigns for that year ! 400 Silver quarters to have both 2010 and 2011 ```for each design for the two years ! This is your goal ? .......mercy ME ! And you are paying a hefty PREMIUM over Silver spot price for these Silver Proof Sets, if you purchased them from the U.S. Mint. In short, this would be a VERY VERY expensive way to get "Silver Rolls" of each design for each year....  Edited by eaglefoot
10/08/2011 9:56 pm
|
|
Rest in Peace
United States
7075 Posts |
I think you should collect whatever you want. Since I see that you have the word 'roll' in quotes I will assume that you will not be rolling your silver quarters. You mentioned that you haven't received the coins yet - so when you do, you can spend some time looking them over. Some will be better than others. Pick your favorites and then you can consider selling the others to finance your next buy. Or keep them all.... |
|
Pillar of the Community
Canada
3692 Posts |
You could keep the gems, but another view would be to sell the gems for much greater premiums using the rest of your "roll" to give evidence of that. Anything in the MS range is more easily graded when you see many examples side by side. One person's MS65 will differ from person to person so having concrete fact in their face is a good way to prove it......or "Proof" it, harhar
|
|
Pillar of the Community
United States
1817 Posts |
You know, that is not as crazy as it sounds. Just imagine if we rolled or roll collected the 1999 silver proof quarters in 2000 or 2001 when they were at most $5 or $6 each... As for the ATBs, I hope history will repeat itself, the 2010S silver quarters are currently 840K mintage, right in between the mintages for the 1999 and 2001 quarters. Some day, some collectors will discover how decent this series is, and poof! The prices on pristine specimens will rise. I currently have half a roll of each of 2010 silver proofs, and getting near there with the 2011s. To answer your question, you can't have too many ATB silver quarters, especially if you can snag them under melt. |
|
Bedrock of the Community
United States
20753 Posts |
|
|
New Member
 United States
14 Posts |
I was considering storing them in Coinsafe tubes, but it seems that my thinking the coins would be protected as long as I didn't drop them in or treat the tubes roughly was incorrect. I've ordered Saflips to store them in. I think what I'm going to do is pick out the gems and resell the rest individually, overall I paid an average of $8 per coin and they sell for more than that on ebay. This might be my own version of "roll searching"; I'll call it "proof set searching." As long as I can get the proofs for 20% or less over spot for silver, keep the gems, and resell the rest to fund more proof set purchases; I'll be having fun! Going to have to extend it to any silver proofs though. Thanks for the suggestions and input... I think I now have a way to turn this into a lot of fun for me! Between this and roll searching I'm going to have a heckuva time! |
|
Pillar of the Community
United States
2596 Posts |
I know how you can store them, wrap each one in high sulfur envelopes and lock them up for 20yrs. j/k
|
|
New Member
United States
24 Posts |
Quote:To answer your question, you can't have too many ATB silver quarters, especially if you can snag them under melt Where are you getting them for under melt? Circulation? |
|
New Member
United States
14 Posts |
Quote:
Where are you getting them for under melt? Circulation? I'm not getting them under melt, just relatively close... I just bought 7 sets for $6.70 over melt value each. State Quarter silver sets have been going right near melt lately; I've seen a few sets go within $3-4 of melt today on ebay. Edited by FIST of coins
10/09/2011 5:43 pm
|
|
New Member
United States
14 Posts |
Actually, I just picked up a 2009 proof set for $64.50... that's $47.53 in melt alone; take into account the 4 1c varieties and 4 presidential $1 varieties (which go for a minimum of $2 each) and I'll break even at the minimum... if I get some gems out of it then even better.
|
|
Pillar of the Community
United States
584 Posts |
I'd wait on selling any silver until it goes back up, that is if your not going to reinvest in more silver sets. I don't think its going to take that long, But. If your turning right back around and buying more silver sets, then no reason to wait being you'll be paying more per set. JMHO I love silver proof sets, I've been watching the 99 silver proof set loose its value over the last few weeks. I'd be stoked to pick one up for less then a 100 bucks. But I doubt that'll happen.
|
|
New Member
United States
14 Posts |
I think you're correct about silver prices, but I'm just selling to buy more silver sets. I've also been watching the 1999 drop from $200, to $150 and now it seems to be around $120-130.
|
| |
Replies: 12 / Views: 1,528 |
|
Posted 10/08/2011 10:48 pm
