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2011 Silver Proof Set--On Sale 1/25, who's buying?

PinkFloydPinkFloyd Posts: 1,762 ✭
in U.S. Coin Forum
2011 silver proof set supposedly goes on sale tomorrow at the mint. Any interest?
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    pitbosspitboss Posts: 8,643 ✭✭✭
    None whatsoever!
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    ManorcourtmanManorcourtman Posts: 7,941 ✭✭✭✭
    pass
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    mudskippiemudskippie Posts: 540 ✭✭
    They are so unattractive! Shift my focus to the dark side a long time ago!
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    MsMorrisineMsMorrisine Posts: 32,511 ✭✭✭✭✭
    I'll be buying in a group to save shipping.
    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
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    291fifth291fifth Posts: 24,115 ✭✭✭✭✭
    Zero interest.
    All glory is fleeting.
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    OPAOPA Posts: 17,109 ✭✭✭✭✭
    I'll be buying the silver proof "mini pucks" when they become available....I like the 2011 designs.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    SmallTownCoinsSmallTownCoins Posts: 688 ✭✭
    The 2011 United States Mint Silver Proof Set(TM) is priced at $67.95.

    Yikes !!! People going to quit buying these if they keep jacking them up like this...
    Support your local Coin Shop
    LM-ANA3242-CSNS308-MSNS226-ICTA
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    fishcookerfishcooker Posts: 3,446 ✭✭
    Love the look of new silver proofs. Hate the hazing and toning, though. Not sure I'll buy at $68 and risk it.
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    rodzmrodzm Posts: 675 ✭
    Nope not here...70 bucks is too rich for my blood
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    ksammutksammut Posts: 1,074 ✭✭✭
    2 for me.
    American Numismatic Association Governor 2023 to 2025 - My posts reflect my own thoughts and are not those of the ANA.My Numismatics with Kenny Twitter Page

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    Doing my best to introduce Young Numismatists and Young Adults into the hobby.

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    PinkFloydPinkFloyd Posts: 1,762 ✭
    70 bucks is steeeep considering the total silver content is what...~$36 in these? Plus the $5 in clad dollar coins.

    I will be watching these though...mintages might go low if the price is too high, but these do have the NP quarters, which are nice this year, so they'll probably sell lots. Considering these will be the only option for a nice silver proof for the NP quarters (pucks look to be bullion or matte finish) I'm interested. But not right now.
    Successful transactions with keepdachange, tizofthe, adriana, wondercoin
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    bouchardaboucharda Posts: 2,941
    Nope...
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    TomohawkTomohawk Posts: 667 ✭✭
    None for me...Been there, done that (er, from prior years).

    Tried selling a few from '07 and '08 for $5 LESS than Mint Issue...no bites. Guess the nephews/nieces get those, too...
    ASE Addict...but oh so poor!
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    tahoe98tahoe98 Posts: 11,388 ✭✭✭

    ...hmmmmmm. don't know whether to wait or not. silver might keep climbing then BAM! another price

    increase! image
    "government is not reason, it is not eloquence-it is a force! like fire, it is a dangerous servant and a fearful master; never for a moment should it be left to irresponsible action." George Washington
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    DeepCoinDeepCoin Posts: 2,781 ✭✭✭
    I will stop by the Mint kiosk and buy one sometime in the next month. I have a run back to 1950, so even at the current price, I want to keep my collection going. I am not happy about the pricing, but it is what it is.
    Retired United States Mint guy, now working on an Everyman Type Set.
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    coolestcoolest Posts: 2,281 ✭✭✭
    I still have not pulled the triger for the 2010 silver set.

    With the 1999 silver Proof set selling for less than $200 it does not bode well for the value of any other silver sets.

    IMHO.
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    wiskerchewwiskerchew Posts: 206
    Too expensive these days.......
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    oilstates2003oilstates2003 Posts: 493
    Pass on this one..
    It's not the amount of money you spend.... It's the enjoyment you get spending it..


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    ObiwancanoliObiwancanoli Posts: 1,065 ✭✭✭
    Hmmm... I'll bite... probably continue with the 2 I order each year, but...

    interesting that these sets were $44.95 in 2008... silver was averaging about $16 an ounce...

    today, it closed at $27.03... about 68% higher over 3 years...

    whereas the silver proof sets have gone up a bit over 51%...

    image
    UBERCOINER

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    metalmeistermetalmeister Posts: 4,584 ✭✭✭✭✭
    I have too many Silver sets. I'll just stick to the $1 proof ASE
    email: ccacollectibles@yahoo.com

    100% Positive BST transactions
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    goldbuffalogoldbuffalo Posts: 618 ✭✭✭


    << <i>70 bucks is steeeep considering the total silver content is what...~$36 in these? Plus the $5 in clad dollar coins.

    I will be watching these though...mintages might go low if the price is too high, but these do have the NP quarters, which are nice this year, so they'll probably sell lots. Considering these will be the only option for a nice silver proof for the NP quarters (pucks look to be bullion or matte finish) I'm interested. But not right now. >>




    They will sell the silver quarters as stand alones in March.

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    MsMorrisineMsMorrisine Posts: 32,511 ✭✭✭✭✭


    << <i>Hmmm... I'll bite... probably continue with the 2 I order each year, but...

    interesting that these sets were $44.95 in 2008... silver was averaging about $16 an ounce...

    today, it closed at $27.03... about 68% higher over 3 years...

    whereas the silver proof sets have gone up a bit over 51%...

    image >>




    51% instead of 68%.

    It's hard to say what they had in silver costs back in 2008 since they released in August and silver was generally >$16 <$18 from Apr to July.

    And for the end of 2010 it was anywhere from $25 to $30.

    $18 to $25 is 39%
    $16 to $30 is 88%
    $17 to $28 is 65%

    The current set has ~1.34 troy ounes of silver in it.


    Obviously, when silver makes substantial dollar moves, the price has to go up.

    If it only moved 51% when 6x% was the silver move, then I'd say the mint is absorbing some of the cost or they obtained the silver cheaper than calculated above.


    As always though...

    Just remember...

    inflation, as reported by the other part of the trusty gov't, remains low!(scroll down to the bottom right)

    Who knows... maybe the governement's numbers don't add up. imageimageimage


    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
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    SwampboySwampboy Posts: 12,906 ✭✭✭✭✭
    One for a gift.
    17th year in a row we've gifted smoeone so we have to keep it going.

    For myself, I'm done at those prices.

    The entertainment can never be overdressed....except in burlesque

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    pendragon1998pendragon1998 Posts: 2,070 ✭✭✭
    No way.
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    coasterfancoasterfan Posts: 1,302 ✭
    Way. I now need to collect the miniature versions of the hockey pucks.
    Successful BST transactions: clackamas, goldman86, alohagary, rodzm, bigmarty58, Hyperion, segoja, levinll, dmarks
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    kimber45ACPkimber45ACP Posts: 2,399 ✭✭✭


    << <i>Considering these will be the only option for a nice silver proof for the NP >>



    You can always get the "2011 United States Mint America the Beautiful Quarters Silver Proof Set™" on 3/29/11
    for a little less money than the proof set if all you want are the silver quarters.
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    ClosedLoopClosedLoop Posts: 1,077 ✭✭✭
    one for the dansco...
    figglehorn
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    MaineJimMaineJim Posts: 743 ✭✭✭✭✭
    Cancelled my USM subscriptions last week. Price is getting a bit too high. My last set came in kinda of crappy and was just too much of a hassle sending back and forth. If I see a l nice one at a show I might grab it.

    Maine_Jim
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    PinkFloydPinkFloyd Posts: 1,762 ✭


    << <i>

    << <i>Considering these will be the only option for a nice silver proof for the NP >>



    You can always get the "2011 United States Mint America the Beautiful Quarters Silver Proof Set™" on 3/29/11
    for a little less money than the proof set if all you want are the silver quarters. >>



    Yep, this sounds like a good bet. $67 for all is just too much.
    Successful transactions with keepdachange, tizofthe, adriana, wondercoin

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