2011 Silver Proof sets!!!
MsMorrisine
Posts: 36,009 ✭✭✭✭✭
2011 Silver Quarters Set --> current price $41.95 --> when silver hits $46.39 the silver value in the set will be worth the list price of $41.95
2011 Silver Proof Set --> current price $67.95 --> remove the $5.06 in non-silver coins and that leaves $62.89 --> when silver hits $47.00 the silver value in the set will be worth the list price of $62.89 of the non-silver coins.
2011 Silver Proof Set --> current price $67.95 --> remove the $5.06 in non-silver coins and that leaves $62.89 --> when silver hits $47.00 the silver value in the set will be worth the list price of $62.89 of the non-silver coins.
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<< <i>2011 Silver Quarters Set --> current price $41.95 --> when silver hits $46.39 the silver value in the set will be worth the list price of $41.95
2011 Silver Proof Set --> current price $67.95 --> remove the $5.06 in non-silver coins and that leaves $62.89 --> when silver hits $47.00 the silver value in the set will be worth the list price of $62.89 of the non-silver coins. >>
...don't you mean IF silver hits 46.39?
...
<< <i>The Mint might be close to yanking these for repricing. Best to get 'em now if you want 'em. >>
Check out the prices at your local dealer. I don't buy Proof sets from the mint any more because I got too many coins with spots, fingerprints and marks.
But, yea, I know the attraction is the melt value, not the collector value.
<< <i>$50.00/oz is not out of the question. Cheers, RickO >>
that's bubble talk!
unless you got a fundamentally based reason it will hit $50?
<< <i>These are now temporarily unavailable. Are they being repriced? >>
...i would bet YES!
I'd been holding off until tomorrow to pick up the ATB silver's, as I wanted the Uncir set as well, and hoped to save on the S&H... my bad...
Watch these go up to $49.95 a pop...
A Truth That's Told With Bad Intent
Beats All The Lies You Can Invent
I figured they might reprice today, so I ordered a bunch last night.
On their way.
I mean, it's not like they had to pay $43 an ounce to have em made up since the silver for these coins cost them about $17 an ounce if purchased in March of last year.
I guess it's kinda like gasoline. When the price goes up, it includes whats already in the holding tank and not what was just purchased.
Oh well, for those that ordered these just for the profit, selling them on ebay is a bad idea unless a .99 cent auction format is used.
The $36.95 BIN's I had for the 2009 Sets (bought at $29.95) cost me $4.43 in FVF and $1.44 in PayPal Fees. I think I netted about a buck off each set before finally selling the last 10 on the BST.
The name is LEE!
<< <i>I don't understand WHY they are "repricing them".
I mean, it's not like they had to pay $43 an ounce to have em made up since the silver for these coins cost them about $17 an ounce if purchased in March of last year.
I guess it's kinda like gasoline. When the price goes up, it includes whats already in the holding tank and not what was just purchased.
Oh well, for those that ordered these just for the profit, selling them on ebay is a bad idea unless a .99 cent auction format is used.
The $36.95 BIN's I had for the 2009 Sets (bought at $29.95) cost me $4.43 in FVF and $1.44 in PayPal Fees. I think I netted about a buck off each set before finally selling the last 10 on the BST. >>
Don't know about the above statement....I just finished selling my 2009 silver proof sets for almost $70 a set on the bay....& the statehood silver quarter sets are selling for $40+
You must have sold yours last year & not recently.
<< <i>I don't understand WHY they are "repricing them".
I mean, it's not like they had to pay .... >>
the local B&M is the same way.
they have prices (marked on display) below what they can/will get today.
"silver is so hot right now, buy it today @ $XX or they'll be higher on monday."
aint capitalism great?
<< <i>
<< <i>I don't understand WHY they are "repricing them".
I mean, it's not like they had to pay $43 an ounce to have em made up since the silver for these coins cost them about $17 an ounce if purchased in March of last year.
I guess it's kinda like gasoline. When the price goes up, it includes whats already in the holding tank and not what was just purchased.
Oh well, for those that ordered these just for the profit, selling them on ebay is a bad idea unless a .99 cent auction format is used.
The $36.95 BIN's I had for the 2009 Sets (bought at $29.95) cost me $4.43 in FVF and $1.44 in PayPal Fees. I think I netted about a buck off each set before finally selling the last 10 on the BST. >>
Don't know about the above statement....I just finished selling my 2009 silver proof sets for almost $70 a set on the bay....& the statehood silver quarter sets are selling for $40+
You must have sold yours last year & not recently. >>
Mine were sold in Early February ($30/oz) and Early March ($35/oz).
I could have probably netted more had I ordered 40 sets but there were no guarantees that Silver would continue its march. No doubt, had I sold them this past week or even this week that the prices would have been different but the point I was trying to make is that an eBay BIN will eat up a lot of the profits.
The name is LEE!
<< <i>
<< <i>I don't understand WHY they are "repricing them".
I mean, it's not like they had to pay .... >>
the local B&M is the same way.
they have prices (marked on display) below what they can/will get today.
"silver is so hot right now, buy it today @ $XX or they'll be higher on monday."
aint capitalism great?
I understand that which is why I wasn;t selling what I had at cost but I was under the assumption that the government pricing was static with Silver since even if they sold at their original issue price, they'd still be showing a profit. The 09 Silver State Qtrs Sets sat at $29.95 for weeks even though the bullion price was within a couple of bucks of that $29.95 price.
But, whatever. I thought about picking up more of the 2011 sets last night but I'm just too financially strapped right now and there's nothing of significance that has been reported in these sets errorwise. The 2009's, on the other hand, had that die indention error which was reported by Claire Hardesty and written up in Coin World. The possibility of getting one of those added a little bit to making the commitment on those sets.
Hopefully, all these folks that are stocking up on these are checking the coins out.
The name is LEE!
(l8-)>>
I placed an order Sunday night.
The cancel box was gone Monday Afternoon, EST.
Thy gave me a tracking number today.
Successful Trades: Swampboy,
I never heard about this error, which coins were these found on? Thanks Mike
Successful Trades: Swampboy,
<< <i>2011 Silver Proof sets going for $90+ on Ebay!! WOW whats up.
foolishness on the part of the eBay buyers.
These are temporarily off sale for a price increase. They will return for sale on the mint web site, just at a higher price. The higher price won't be anywhere near $90.
<< <i>Die indention error which was reported by Claire Hardesty and written up in Coin World
I never heard about this error, which coins were these found on? Thanks Mike >>
I'm not a CW subscriber, but would like to hear more about this, too.
So, we wait.
<< <i>Die indention error which was reported by Claire Hardesty and written up in Coin World
I never heard about this error, which coins were these found on? Thanks Mike >>
READ HERE.
The name is LEE!
<< <i>2011 Silver Quarters Set --> current price $41.95 --> when silver hits $46.39 the silver value in the set will be worth the list price of $41.95
2011 Silver Proof Set --> current price $67.95 --> remove the $5.06 in non-silver coins and that leaves $62.89 --> when silver hits $47.00 the silver value in the set will be worth the list price of $62.89 of the non-silver coins. >>
Silver sets are back.
Based on this April 15 post, it looks like the Mint decided NOT to increase the price.
2010 Quarter set 39.95
2010 Full set--------64.95
2011 Quarter set 41.95
2011 Full set-------67.95