U.S. Territories Quarters Silver Proof Set melt value

HalfStrike

If this set has 1.2 ounces silver then melt is $26.19 and the mint sells them for $29.95



Edit. Changed $29 to $26.19 for 90% silver

OPA

Aren't they 90% silver just like the pre 64 quarters? If so, based on $24.05 silver spot, melt value would be $26.04

Of course the 2009 silver quarters are no longer for sale ... and when they were, the silver price was a lot lower than now. BTW the 2010 5 coins silver quarter set is selling for $32.95

HalfStrike

Yes you are right, if silver hits $27.80 then it will be at melt.

jmski52

The 2010 should be a low mintage set because of the rising price. I consider this set to have some real possibilities.

ksammut

<< <i>The 2010 should be a low mintage set because of the rising price. I consider this set to have some real possibilities. >>



I was looking at the mint stats this morning and was thinking the same thing.

jmski52

I hate to call attention to it here, but you also must be aware that the Mint is going to offer the 2011 sets first thing in January instead of later in the year. This seems to indicate that they will pull the 2010 sets earlier rather than later.

Classof67

<< <i>Aren't they 90% silver just like the pre 64 quarters? If so, based on $24.05 silver spot, melt value would be $26.04

Of course the 2009 silver quarters are no longer for sale ... and when they were, the silver price was a lot lower than now. BTW the 2010 5 coins silver quarter set is selling for $32.95 >>



The 2009 set is still available on the mint site for 29.95.

7over8

at around 97% payout on 90% silver

at 24.50 spot you are looking at 17.00 on 90% x $1.50 = $25.50.

a play once you hit around $20 on 90%, but that is roughly $32/oz on spot

OPA

<< <i>

<< <i>Aren't they 90% silver just like the pre 64 quarters? If so, based on $24.05 silver spot, melt value would be $26.04

Of course the 2009 silver quarters are no longer for sale ... and when they were, the silver price was a lot lower than now. BTW the 2010 5 coins silver quarter set is selling for $32.95 >>



The 2009 set is still available on the mint site for 29.95. >>



You are correct...Unusual for the 2009 sets to be still available after the 2010 sets came out.

19Lyds

<< <i>

<< <i>

<< <i>Aren't they 90% silver just like the pre 64 quarters? If so, based on $24.05 silver spot, melt value would be $26.04

Of course the 2009 silver quarters are no longer for sale ... and when they were, the silver price was a lot lower than now. BTW the 2010 5 coins silver quarter set is selling for $32.95 >>



The 2009 set is still available on the mint site for 29.95. >>



You are correct...Unusual for the 2009 sets to be still available after the 2010 sets came out. >>

I believe they are considered a different series of coin. Yes they are quarters but they are not America the Beautiful Quarters.

BTW, I just loaded up on these sets as IMO they represent a heck of a deal given silvers price increases. Just a couple more bucks and it'll be a push. I'm actually quite surprised that these are still available at that price. Well, shocked is more of the word I was looking for as never before have I ever seen such a low spread between melt and selling price.
Today, it sits at a little over $3.00.

Maybe I'll get lucky and score some errors or varieties to show an immediate return on investment? If things go south, the loss should not be too terribly difficult to handle. (Kinda wish I'd hung onto those 2008 Dollar sets a little longer! )