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2010 Silver Proof sets!!!
CoinMaster1229
Posts: 1,092 ✭✭
I was looking at Proof roll prices for 2010 Silver Proof sets!
Proof penny rolls $16.00 per roll-------------.32 each
Proof nickel rolls- $35.00 per roll-------------.87 each
Silver Dime rolls- $ 218.00 per roll--------$4.36 each
Silver Quarters--$ 169.95 1/2 roll---------$8.49 each x5 = $42.45
Silver half rolls---$ 295.00 per roll-------$14.75 each
Sac. Dollar rolls---$81.00 25pc.roll--------$3.25 each
President rolls----59.95 20pc. roll---------$2.99 each X4 = $11.96
Each 2010 Silver proof set, broken into rolls is selling for $ 77.96 ?
2010 Proof sets still selling for $ 56.95 on mint site.
Should we load up?
It probably will not last.
Proof penny rolls $16.00 per roll-------------.32 each
Proof nickel rolls- $35.00 per roll-------------.87 each
Silver Dime rolls- $ 218.00 per roll--------$4.36 each
Silver Quarters--$ 169.95 1/2 roll---------$8.49 each x5 = $42.45
Silver half rolls---$ 295.00 per roll-------$14.75 each
Sac. Dollar rolls---$81.00 25pc.roll--------$3.25 each
President rolls----59.95 20pc. roll---------$2.99 each X4 = $11.96
Each 2010 Silver proof set, broken into rolls is selling for $ 77.96 ?
2010 Proof sets still selling for $ 56.95 on mint site.
Should we load up?
It probably will not last.
0
Comments
Go BIG or GO HOME. ©Bill
My Adolph A. Weinman signature
<< <i>Are actual sales taking place at these prices? >>
Yes! check Ebay
<< <i>
<< <i>Are actual sales taking place at these prices? >>
Yes! check Ebay >>
Before you get too excited, net out the Ebay selling charges. Also remember that there is a cost for breaking the holders and putting the coins in tubes so that dealers can place them Dansco type albums for sale. Maybe 2010 will be be good Proof set year, but I would not bet the ranch on it. And if there is a "bubble" it might be just that, gone before you know it.
Before you get too excited, net out the Ebay selling charges. Also remember that there is a cost for breaking the holders and putting the coins in tubes so that dealers can place them Dansco type albums for sale. Maybe 2010 will be be good Proof set year, but I would not bet the ranch on it. And if there is a "bubble" it might be just that, gone before you know it. >>
True, I just checked NN for mintage numbers for 2010 Silver proof sets ( 532,306 ) and Still for sale. anyone know if under 600K is low for silver proof sets? if so, they could do real well once they go off sale!
60 years into this hobby and I'm still working on my Lincoln set!
<< <i>I was looking at Proof roll prices for 2010 Silver Proof sets!
Proof penny rolls $16.00 per roll-------------.32 each
Proof nickel rolls- $35.00 per roll-------------.87 each
Silver Dime rolls- $ 218.00 per roll--------$4.36 each
Silver Quarters--$ 169.95 1/2 roll---------$8.49 each x5 = $42.45
Silver half rolls---$ 295.00 per roll-------$14.75 each
Sac. Dollar rolls---$81.00 25pc.roll--------$3.25 each
President rolls----59.95 20pc. roll---------$2.99 each X4 = $11.96
Each 2010 Silver proof set, broken into rolls is selling for $ 77.96 ?
2010 Proof sets still selling for $ 56.95 on mint site.
Should we load up?
It probably will not last.
Looks like the half dollars are going for the cheapest of all the coins, relatively. They are still more than what pre-1965 half dollars go for in relation to spot silver.
I remember the 1999 Silver Proof set. It has a nice premium these days, as it was the first year of the series and apparently not many paid attention to it until later. I believe the mintage on the 1999 was just over 800,000. I wonder if the same thing can happen to the 2010 Silver Proof set.
Probably not. In 1999 there was no separate Silver Quarters proof set, so the only way to obtain silver quarters for that year was/is to buy the entire Silver Proof set. For 2010, collectors can obtain a silver quarters-only proof set, which reduces demand for the full set.
My Adolph A. Weinman signature
<< <i><< I remember the 1999 Silver Proof set. It has a nice premium these days, as it was the first year of the series and apparently not many paid attention to it until later. I believe the mintage on the 1999 was just over 800,000. I wonder if the same thing can happen to the 2010 Silver Proof set. >>
Probably not. In 1999 there was no separate Silver Quarters proof set, so the only way to obtain silver quarters for that year was/is to buy the entire Silver Proof set. For 2010, collectors can obtain a silver quarters-only proof set, which reduces demand for the full set. >>
I got to looking around and found that out, thanks. So the overall mintage of silver proof sets does not include the separate quarter sets.
<< <i>
<< <i>I was looking at Proof roll prices for 2010 Silver Proof sets!
Proof penny rolls $16.00 per roll-------------.32 each
Proof nickel rolls- $35.00 per roll-------------.87 each
Silver Dime rolls- $ 218.00 per roll--------$4.36 each
Silver Quarters--$ 169.95 1/2 roll---------$8.49 each x5 = $42.45
Silver half rolls---$ 295.00 per roll-------$14.75 each
Sac. Dollar rolls---$81.00 25pc.roll--------$3.25 each
President rolls----59.95 20pc. roll---------$2.99 each X4 = $11.96
Each 2010 Silver proof set, broken into rolls is selling for $ 77.96 ?
2010 Proof sets still selling for $ 56.95 on mint site.
Should we load up?
It probably will not last.
Looks like the half dollars are going for the cheapest of all the coins, relatively. They are still more than what pre-1965 half dollars go for in relation to spot silver.
I remember the 1999 Silver Proof set. It has a nice premium these days, as it was the first year of the series and apparently not many paid attention to it until later. I believe the mintage on the 1999 was just over 800,000. I wonder if the same thing can happen to the 2010 Silver Proof set. >>
Edited to add the Preface that a low mintage was only half the story with the 1999 Silver Proof Sets.
".......the mintage on the 1999 was just over 800,000. I wonder if the same thing can happen to the 2010 Silver Proof set." - Personally, I dont think so as the 1999 Silver Proof Sets had the promise of big buck PR70DCAM coins whereas PR70DCAM for the 2010 seems to be a given grade since production techniques have changed.
Additionally, the 1999 Silver Proof Sets were the ONLY source for the State Quarter Silver Proofs and the State Quarter Series had really ramped up in the 2001/2002 time frame. Once the series completed, prices for that 1999 Silver Proof Set have come down dramatically. It was not unusual for the set to sell for $400, sometimes higher. Now that can be had for $150.
Proof set mintages are directly related to coin demand and since 1999 SHQ were only available in that set, coupled with its low mintages, fueled the demand.
I just don't see that for the 2010 Sets.
The name is LEE!
Despite low mintages, most silver dimes and halves dated 2000 or later are worth little more than melt.
My Adolph A. Weinman signature
<< <i><< There are only two coins that can`t be found from other sets, the silver Dime & the silver half. >>
Despite low mintages, most silver dimes and halves dated 2000 or later are worth little more than melt. >>
And that's just what I buy them for. Cheap but mint state proof silver.
Sacagawea Proof Roll of 20 sells for $100.00
Jefferson nickle Proof roll of 40 sells for $22.00
Lincoln Cent Proof roll of 50 Sells for $ 227.50
These Ebay sales from 2/20 & 21...
The 2010 Proof & silver proofs are selling great by the roll!
<< <i>Lincoln Dollar Proof roll of 20 sells for $122.00
Sacagawea Proof Roll of 20 sells for $100.00
Jefferson nickle Proof roll of 40 sells for $22.00
Lincoln Cent Proof roll of 50 Sells for $ 227.50
These Ebay sales from 2/20 & 21...
The 2010 Proof & silver proofs are selling great by the roll!
If those are average prices it seems like a good opportunity to get some 90% silver at way less than spot after you sell off the clad pieces.
If those are average prices it seems like a good opportunity to get some 90% silver at way less than spot after you sell off the clad pieces.
True and this 2010 proof silver sells for a premium over spot!
Lincoln Dollar roll of 20 - $120
Sacagawea roll of 20 - $100
the three other Presidential dollars (at $70 per roll of 20) - $210
Jefferson Nickel roll of 20 - $11
Lincoln cent roll of 20 - $88
It comes out to $529 - $63 in eBay fees = $466. That leaves you with 26.6 ounces in pure silver for $673 or $25.30 per ounce!
2010 Silver Proof set Cost $56.95
Lincoln cent----------------------4.40
Jefferson Nickel-------------------.77
Roosevelt Dime-----------------3.84
Hot springs Silver Quarter----7.80
Yellow Stone Quarter----------7.80
Yosemite Quarter---------------7.80
Grand Canyon Quarter--------7.80
Mt. Hood Quarter---------------7.80
Kennedy Half-------------------17.75
Fillmore Dollar-------------------1.80
Pierce Dollar---------------------1.80
Buchanan Dollar----------------1.80
Lincoln Dollar--------------------3.00
Sac. Dollar-----------------------4.00
______________
TOTAL $78.16
Just the silver in this set goes above spot for $60.59
<< <i> Just the silver in this set goes above spot for $60.59 >>
Silver at spot of $34.38 makes the bullion value of the set $46.01 not anywhere near $60
Premium is much less with the Proof 2010 Quarters at $32.95 and a spot of $31.09
I may have a few rounding issues, but I think this is pretty much on the money. If you think silver is going to hold its price, there will eventually be a premium over the intrinsic value of the set. I will keep the one I have for my proof set run, but watch at this continues on.
Mint coin bullion value
<< <i>
<< <i> Just the silver in this set goes above spot for $60.59 >>
Silver at spot of $34.38 makes the bullion value of the set $46.01 not anywhere near $60
Premium is much less with the Proof 2010 Quarters at $32.95 and a spot of $31.09 >>
You miss understood me. The Silver in this set sold recently on Ebay for $60.59... even though spot is cheaper!
<< <i>There are 41.625 grams of silver in a 2010 proof set. 5 x 6.25 x .9 = 28.125 for the quarters and 12.5 + 2.5 = 15 x .9 = 13.5 grams for the half dollar and the dime. Using 28.3495 grams per ounce I get 1.4628 ounces of silver. Using spot of $34.41 (current as of this post on 3/1/11 at 9:35 AM) I get $50.52 for the silver in the set. Add in the 5 dollars you can just spend, the current value is right at the selling price IMHO. $55.52 is pretty close.
I may have a few rounding issues, but I think this is pretty much on the money. If you think silver is going to hold its price, there will eventually be a premium over the intrinsic value of the set. I will keep the one I have for my proof set run, but watch at this continues on. >>
Why would you use the incorrect conversion from grams to oz? For Troy weight, it's 31.1034768 gm per oz.
<< <i>Melt value for the 2010 Silver Proof set is $ 46.62 with Spot 34.92... Same for all five quarter full proof sets!!
Well then ...... how can that be?? What about the silver half and dime in the pf set...
Try: 46.73 for the full pf set and $31.58 for the 2010 silver quarters (at 34.92 spot)
Is there a good web site that alerts a user to a web page update?
<< <i>
<< <i>Melt value for the 2010 Silver Proof set is $ 46.62 with Spot 34.92... Same for all five quarter full proof sets!!
Well then ...... how can that be?? What about the silver half and dime in the pf set...
Try: 46.73 for the full pf set and $31.58 for the 2010 silver quarters (at 34.92 spot) >>
All Silver Proof sets that have 5 Quarters in the set as well as the Half Dollar & dime, have the same
spot price. the 2009 silver proof sets have an extra silver quarter!
Price review
No shiping info.
I wonder if they will deliver sets??
$57 US Mint cost with $48 in silver proof coins plus 5 proof dollars, along with proof cent and nickel.
<< <i>Seems like the thing to do if you have misc. silver coin is to sell the old bags and rolls of silver coins and buy into these.
$57 US Mint cost with $48 in silver proof coins plus 5 proof dollars, along with proof cent and nickel. >>
If only the 2010 Proof sets were still for sales! US mint took them down, Most
Likely to reprice!
<< <i>Looks like these have been repriced (unless I missed something, or this has been posted elsewhere). >>
Yep! up $8 bucks a set. I loaded up before the price hike.
<< <i>Looks like these have been repriced (unless I missed something, or this has been posted elsewhere). >>
Yes to both of your questions...And yes ... the "early birds did catch the worms"
money can still be made at 64.95. Just not as much.
I also bought a bunch of these sets before the price increase. I haven't started to crack them yet. I will shortly.
The value of the none silver in these sets makes up
the difference. If silver gets any higher these are going
to be easy winners!!!!
<< <i>Melt for these 2010 proof sets is now about $50.50
The value of the none silver in these sets makes up
the difference. If silver gets any higher these are going
to be easy winners!!!! >>
Taking out the $5.06 in FV coins, means silver will need to hit $38.775 for the set value incl. silver value to be equal to the original issue price. I haven't even bothered to calculate the required silver price for the new issue price.
However, many of the proof coins do go for decent premiums. Namely the Lincoln cents, Lincoln dollars, Sac Dollars and to some extent the nickels.
The proof silver will track the price of circulated bags but will likely provide a significant numismatic premium if silver drops back 25-50%.
To appreciate difference, stack 40 pre 1965 quarters against 40 proof quarters and compare height and then weigh both.
It will make you a believer................
The same holds true for modern silver proof dimes and halves, as well as modern silver commemorative dollars and halves.
<< Don't be so quick melting the 2010 silver half and dime....they both are low, low mintage. >>
So are many other silver dimes and halves struck in the past 10 years. It doesn't seem to make much difference, many of them are fetching junk silver prices.
My Adolph A. Weinman signature
<< <i>The problem with modern silver proof quarters is that they are less desirable as barter items. The non-collecting public may have difficulty telling them apart from clad proofs, since the silver ones carry the same designs and dates. Most people are probably not even aware that silver quarters are still being struck.
The same holds true for modern silver proof dimes and halves, as well as modern silver commemorative dollars and halves.
<< Don't be so quick melting the 2010 silver half and dime....they both are low, low mintage. >>
So are many other silver dimes and halves struck in the past 10 years. It doesn't seem to make much difference, many of them are fetching junk silver prices. >>
...........................................................
Telling silver proof quarters from clad is no problem for even a novice.
Add in OGP and its a no brainer.
All I'm saying is if you hold $100-$1000 bags of circulated 90% you'd be better off with full weight 90% proof or
same thing for all the uncirculated rolls of 1964 kennedy halves.
<< <i>what I worry about is someone silver plating the clad proofs and passing them off as 90% silver proofs. Only a matter of time if it hasn't happened already. >>
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If you were buying them basically for bullion content and in quantities i.e. $100-$1000 face, it would be easy enough do some random spot checks.
Most of these I've seen offered are still in OGP.
Is weight of clad and silver the same??
That is why pre 1965 silver is so popular...no way to fake it unless the whole coin is counterfieted.