@ɹoʇɔǝlloɔ said:
picked one up; a fool and their money 💸
But it comes with a Certificate of Authenticity. And quoted from the mint...
"The 2021 United States Mint Silver Proof Set is a must-have for any collection. This unique and intriguing set makes a great gift for all ages and occasions—one sure to make anyone smile."
@ɹoʇɔǝlloɔ said:
picked one up; a fool and their money 💸
But it comes with a Certificate of Authenticity. And quoted from the mint...
"The 2021 United States Mint Silver Proof Set is a must-have for any collection. This unique and intriguing set makes a great gift for all ages and occasions—one sure to make anyone smile."
That's cool the mint can make you smile!
I will smile — briefly
I'm actually super excited for the 2021 silver quarter, which I will again purchase in the fall, in the S,W limited edition set 🤓😂😭
@privatecoin said:
Ok. How many do we really think they will sell this year? Another drop? How long before we hit the lower numbers of the 1950 proof set.
Yeah I picked one up also. If I was in this for the money I’d say maybe not the wisest of investments but I collect coins and so this is just how I roll.
@privatecoin said:
Ok. How many do we really think they will sell this year? Another drop? How long before we hit the lower numbers of the 1950 proof set.
the price is ridiculous, so I hope not many
Yes, continuing lower over the foreseeable future.
Even at the mintage of the 1950, I don't believe the secondary market price would be noticeably higher, proportionately. It's still far too common with close to a 100% survival rate. Longer term, a low multiple at best. Otherwise, it starts becoming uncompetitive with alternatives.
@privatecoin said:
Ok. How many do we really think they will sell this year? Another drop? How long before we hit the lower numbers of the 1950 proof set.
the price is ridiculous, so I hope not many
Yes, continuing lower over the foreseeable future.
Even at the mintage of the 1950, I don't believe the secondary market price would be noticeably higher, proportionately. It's still far too common with close to a 100% survival rate. Longer term, a low multiple at best. Otherwise, it starts becoming uncompetitive with alternatives.
could not agree more - seems logical that you could increase excitement and demand by limiting and lowering the production
@privatecoin said:
Ok. How many do we really think they will sell this year? Another drop? How long before we hit the lower numbers of the 1950 proof set.
the price is ridiculous, so I hope not many
Yes, continuing lower over the foreseeable future.
Even at the mintage of the 1950, I don't believe the secondary market price would be noticeably higher, proportionately. It's still far too common with close to a 100% survival rate. Longer term, a low multiple at best. Otherwise, it starts becoming uncompetitive with alternatives.
could not agree more - seems logical that you could increase excitement and demand by limiting and lowering the production
My understanding is that the US Mint uses cost accounting to price the set. If correct and the mintage is noticeably lower, the overhead per set will be noticeably higher and the price must also go up, potentially a lot.
Financially, the problem with this coinage (and most US Mint products) is that collectors don't really like it that much. The silver proof set is preferred over the clad, but not really much else. I'd describe it as predominantly a "sideline collection" which is substantially bought out of habit, similar to subscribing to newspapers in the past.
The mintage has crashed over the years yet it's still really common for a product with limited appeal. A far lower mintage may increase interest temporarily, but if it remains low it's going to be no different than "low" mintage US NCLT.
@Onastone said:
My pet peeve is that this is a Proof Silver Set, so why bother putting in a Cent and a Nickel and Native American unless those were made out of silver too!?! I've always thought those should be excluded in these silver sets.
I disagree. I now only buy the silver set, and that is the set that keeps my Proof set run going from 1942. If the non silver coins were left out, the set would be incomplete.
I got tired of losing money almost every year on the non silver sets. Even though it’s over priced, at least I’m getting some precious metal.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
Inflation is noticed when my deli changed their pricing from by the pound in 1990 to by the half pound in 2000 to by the quarter pound in 2010 and now by the ounce in 2020!
Over 200,000 is the magic number for people like me who buy on eBay and have no problem getting a great deal on a slabbed coin for same price or couple bucks more. Collector’s like me don’t submit we fish hunt troll and bid. Fdoi is impossible for me even if I join. Dealer only. Gunna be a great time to buy November and December. eBay will be focused on Morgan’s and peace and ase’s and age’s. There will be plenty of deals and be patient pay your price! Good luck there will be many fdoi 70’s pick your flavor of label
@Jzyskowski1 said:
Over 200,000 is the magic number for people like me who buy on eBay and have no problem getting a great deal on a slabbed coin for same price or couple bucks more. Collector’s like me don’t submit we fish hunt troll and bid. Fdoi is impossible for me even if I join. Dealer only. Gunna be a great time to buy November and December. eBay will be focused on Morgan’s and peace and ase’s and age’s. There will be plenty of deals and be patient pay your price! Good luck there will be many fdoi 70’s pick your flavor of label
Your "magic number is here with this set: sales as of 9/12...............226,881
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
Comments
picked one up; a fool and their money 💸
I’m in the same boat as most of you. I need that ATB quarter and the Kennedy half. I purchased one but it was painful.
That’s how they get ya.
But it comes with a Certificate of Authenticity. And quoted from the mint...
"The 2021 United States Mint Silver Proof Set is a must-have for any collection. This unique and intriguing set makes a great gift for all ages and occasions—one sure to make anyone smile."
That's cool the mint can make you smile!
I will smile — briefly
I'm actually super excited for the 2021 silver quarter, which I will again purchase in the fall, in the S,W limited edition set 🤓😂😭
Ok. How many do we really think they will sell this year? Another drop? How long before we hit the lower numbers of the 1950 proof set.
Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc
the price is ridiculous, so I hope not many
Got one
Yeah I picked one up also. If I was in this for the money I’d say maybe not the wisest of investments but I collect coins and so this is just how I roll.
zero, nothing of interest here.
I have a nearly complete post 1964 silver set, so picked up a few regardless of the price.
I’ll probably stop by after the “semi quincentennial” coins.
Yes, continuing lower over the foreseeable future.
Even at the mintage of the 1950, I don't believe the secondary market price would be noticeably higher, proportionately. It's still far too common with close to a 100% survival rate. Longer term, a low multiple at best. Otherwise, it starts becoming uncompetitive with alternatives.
could not agree more - seems logical that you could increase excitement and demand by limiting and lowering the production
My understanding is that the US Mint uses cost accounting to price the set. If correct and the mintage is noticeably lower, the overhead per set will be noticeably higher and the price must also go up, potentially a lot.
Financially, the problem with this coinage (and most US Mint products) is that collectors don't really like it that much. The silver proof set is preferred over the clad, but not really much else. I'd describe it as predominantly a "sideline collection" which is substantially bought out of habit, similar to subscribing to newspapers in the past.
The mintage has crashed over the years yet it's still really common for a product with limited appeal. A far lower mintage may increase interest temporarily, but if it remains low it's going to be no different than "low" mintage US NCLT.
I think if I was after the 2021 silver quarter or half dollar, I would just wait and buy one already certified by PCGS.
I disagree. I now only buy the silver set, and that is the set that keeps my Proof set run going from 1942. If the non silver coins were left out, the set would be incomplete.
I got tired of losing money almost every year on the non silver sets. Even though it’s over priced, at least I’m getting some precious metal.
I will wait to purchase the silvers in Pr70 DCAM from the secondary market.
Wayne
Kennedys are my quest...
US Mint claims...shipped...with a tracking number supplied. Now we wait for the PO to p/up the item.
Inflation is noticed when my deli changed their pricing from by the pound in 1990 to by the half pound in 2000 to by the quarter pound in 2010 and now by the ounce in 2020!
And there was a time when caviar was the only thing priced by the ounce.
The main reason I canceled all of my us mint subs this year.
My Original Song Written to my late wife-"Plus other original music by me"
https://youtube.com/playlist?list=PL8A11CC8CC6093D80
https://n1m.com/bobbysmith1
Good beginning.
Annual Sets.. 21RH .. 2021 SILVER PROOF SET .. 172,468 ... 4/25/2021
I can't wait until the next Mint annual report.
ka-ching ?
My subscriptions came today. Pretty (and expensive) coins.
FYI for those keeping track
21RH 2021 SILVER PROOF SET .. 213,387 ... 7/18/2021
still going strong
Over 200,000 is the magic number for people like me who buy on eBay and have no problem getting a great deal on a slabbed coin for same price or couple bucks more. Collector’s like me don’t submit we fish hunt troll and bid. Fdoi is impossible for me even if I join. Dealer only. Gunna be a great time to buy November and December. eBay will be focused on Morgan’s and peace and ase’s and age’s. There will be plenty of deals and be patient pay your price! Good luck there will be many fdoi 70’s pick your flavor of label
🎶 shout shout, let it all out 🎶
Your "magic number is here with this set: sales as of 9/12...............226,881
I received a coupon code today to purchase a 2021 Silver Proof, and 2021 Proof Set at 40 percent. Limit was one set each at the reduced price.
@Boboso5 ... Many of us received that email.... see the other thread, first page. I did not buy anything at the bargain price. Cheers, RickO