Price of recent silver Proof sets

LanLord

At the Santa Clara show on Friday, I overheard a couple dealers deep in a discussion about recent silver proof sets, specifically the ones since the state quarter program started.

One of them was emphatic that the 2001 silver Proof set was going to not only catch the 1999 in price, but overtake it, and do so handily.

Lately I have seen some rather impressive increases in both, but probably more of an increase in the 2001. Any opinions on this subject?

I wouldn't mind seeing the whole lot go up like a rocket, but what's realistic for the future? Any crystal balls out there? We are getting close to the end of the year, if your crystal ball sees other numismatic related items of interest for the new year, please post.

nwcs

Because of how many of these are slabbed, I wonder if the original mint packaging will be a premium? I get one of each every year. I've refrained from speculating because I never win.

merz2

LL
I am with nwcs on this one.I think the 2002's will also climb because of the quality problem the mint seemed to have.I heard many people say they returned their sets because of defects.So out of the first (4) years of production of the State Quarter Program,there is a reason for values to go up.That and the elusive silver stock pile question.Will the price of Silver go up once the mint has to buy from the open market,in order to produce these sets?

MacCoin

I agree with the dealers. another coin you'll see go up in price are 02 silver set and higher grade liberty nickels. I don't think the 99s will go much higher than 200.00 but watch the price of the 01s and 02s. rember Phily mint was close for awhile this year and I think that will jack the prices of some of the P/mint coins also.