1999 Silver Proof Set

F117ASR

I just wanted to know whether or not it's best to sell my 1999 silver proof set, and buy one again if the price falls.

ziggy29

I sold all of mine to partially fund the acquisition of my 1877 IHC.

ibzman350

Sell it.... to me for $50


Herb

mtnman

I sold mine for $200 to help buy an MS64 1851 1/2 cent. I bought it in a pawn shop about two years ago for $30 so I think I did alright on it.

F117ASR

Well, I could use all of the money and buy a nicer seated half. I am just afraid that the value will drop really low. If it remains high I would like to keep it - in the hopes that it will go higher.

rich

If you can stand to wait,I think that there is little chance of it going down in value.It should be worth even more in the years to come.

TheLiberator

<< <i>If you can stand to wait,I think that there is little chance of it going down in value.It should be worth even more in the years to come. >>



Ok..se which 1999 proof set is worth this much? My dad bought a 1999 proof set when they came out and i think it came with a special quarter section too. Is this the one? why is it in demand? Did people crack them to get the proof quarters?

khayse

I've sold a couple but I still have my last one. If it's your only one I would hold on to it.

-KHayse

NoGvmnt

I sold 19 of my 1999 Silver proof Sets and am keeping the best one. As the program comes to a close I expect the price to continue to increase. Just leave it alone and don't play with it.

And just think, by the time you sell it in 5 years it will be worth 3 times todays price and those seated halves will be selling for less than 50% of what they are bringing now.

Jim

thebeav

<< <i>

<< <i>If you can stand to wait,I think that there is little chance of it going down in value.It should be worth even more in the years to come. >>



Ok..se which 1999 proof set is worth this much? >>


Hi,
It's the SILVER '99 that's the hot set. This one came in a red box, as opposed to the blue box of the clad proof set.
Paul

airplanenut

<< <i>Ok..se which 1999 proof set is worth this much? My dad bought a 1999 proof set when they came out and i think it came with a special quarter section too. Is this the one? why is it in demand? Did people crack them to get the proof quarters? >>

There was a limit on how many sets a person/dealer could buy, and I think they also cut the production time short... thus a lot of people never got them, and a lot of dealers had far fewer than they'd normally have ordered... that made for a huge demand with a small supply.

Then again, even the clad's not doing too poorly...

Jeremy

DRUNNER

Demand will increase for the 1999s. Due to the Mint's strange allotment procedures that year (2 per order initially, then all bets were off in the last 2 weeks or so of the year and you could have whatever you wanted) the sets have an extremely wide disbursement. Few dealers have any . . . when one gets offered at a local show around here it becomes blood in the water. Couple that with a very popular State Quarter program and quite a few new collectors wanting to "complete" their sets with the silver proofs and you have a foolproof recipe for continued price increases.

Supply and demand governs value. As more states get featured and more collectors materialize for the State Quarter program . . . the 1999s become ever more valuable. Most are locked away one at a time in safety deposit boxes across the country with people who don't have the foggiest idea what they have. They re-enter the market infrequently when an estate is liquidated or grandad gives it to a grandkid who then takes it to a shop for videogame cash.

I had a dealer (friend) offer me $70 per set 18 months ago . . . thank goodness for both of us I declined to sell any.

DRUNNER

DRUNNER

Oh . . wow. That was 50 posts. I need to apply for my diamond-studded loupe. I'm starting to get a little misty here.

DRUNNER

F117ASR

<< <i>And just think, by the time you sell it in 5 years it will be worth 3 times todays price and those seated halves will be selling for less than 50% of what they are bringing now. >>



Not a bad take on all of this. Though I hardly doubt it will ever jump to $750 in the near future. Still though, one can dream.



<< <i> I sold 19 of my 1999 Silver proof Sets and am keeping the best one. As the program comes to a close I expect the price to continue to increase. Just leave it alone and don't play with it. >>



Geesh! 19!! Nice profit. Wish I had bought that many but the sets are pretty pricy. However not all of the silver proof sets are hot. Certain sets like the 2000 are only worth about $35.

BAJJERFAN

I'm pretty sure that you won't get one any cheaper any time soon. Unless you really need to sell it I would hold on to it.

cladking

At the risk of sounding argumentitive it should be remembered that in the long run the coins in this set
set will not have a large premium to the other date sets because they were all made in similar quantities.
This date was dismantled in larger proportions perhaps, because some of the people who bought them to
assemble sets have given up on them, but it's unlikely that the attrition between the different dates of
coins is much different. It's entirely possible that at some point there will be a set premium for original
packaging and this date might command more premium than the others.

This does not necessarily mean the price of this set will fall, it simply means that all of the states silver
sets are likely to sell for similar prices. If cost is a consideration and actual ownership is unimportant to
you at the current time then you might consider buying some other dates and then trading for the '99
in a few years when the prices are more similar. If it does fall your losses will be much lower.

thebeav

<< <i> If cost is a consideration and actual ownership is unimportant to
you at the current time then you might consider buying some other dates and then trading for the '99
in a few years when the prices are more similar. >>


This makes sense. Along with the fact that we're 'mired' in one of the greatest coin booms of the last 25 years !!
Paul

BAJJERFAN

Weren't a lot of the 99 silver sets also defective? I remember a thread here quite some time back about a bulk sale of 100 or 200 unopened sets where the buyer pretty much accused the seller of knowingly selling sets which were defective. Apparently there was a way to tell.

Goober

In my area prices have softened by $40. My dealer had someone come in off the street with 10 sets to dump. I'm waiting for them to soften even more.

fishcooker

If 10 sets softens the market, it is in BIG trouble.

Goober

<< <i>If 10 sets softens the market, it is in BIG trouble. >>



Believe me, when 10 hit the market where I live, it softens the market