Crystal balls please

I am wondering what different people think about the future pricing on US 1999 Silver
Proof sets?

How about the regular, non silver, sets of the same year?


--
Those who would give up ESSENTIAL LIBERTY to purchase a little TEMPORARY SAFETY, deserve
neither LIBERTY nor SAFETY.

Pennsylvania Assembly
November 11, 1755

They have softened a little, I think the price may drop a little and hold in
the $250-$300 range. Just my guess.

Wes
"George D" wrote in message
news
I am wondering what different people think about the future pricing on US
1999 Silver Proof sets?

How about the regular, non silver, sets of the same year?


--
Those who would give up ESSENTIAL LIBERTY to purchase a little TEMPORARY
SAFETY, deserve neither LIBERTY nor SAFETY.

Pennsylvania Assembly
November 11, 1755

"George D" wrote in message
news
I am wondering what different people think about the future pricing on US
1999 Silver Proof sets?


This is retail prices from the "Numismatic News Coin Market" for December
2006;

Year Mintage Retail Value

1999S silver 804,565 $450
2000S " 965,421 $ 35
2001S " 849,600 $170
2002S " 892,229 $ 63.50
2003S " 1,142,858 $ 31
2004S " 1,187,673 $ 51.50


My silver ball never functions properly with consistency. Looking at the
above, I would say that over time the years 1999-2002 will settle out at
roughly the same level, with 1999 likely the highest price but not by much.
However, the prices may not find their proper levels for years or a decade
or two. My crystal ball came up with this after being fed the information
that distribution from the US Mint was not uniform for all years and a major
factor in the price discrepancy between, for example, two very similar years
of mintage quantities, 1999 and 2001.

Where the prices ultimately settle will be determined simply by the demand
factor, since supply is already established howbeit not necessarily all in
the original packaging. So, what is demand going to do? Not too many
years ago (just before the state quarter program, I believe) I heard a
number of collectors and dealers declaring the hobby dead with no future.
Then, as though a switch had been flipped, there has been an influx of
collectors over the past few years which has revived the hobby.

If the hobby continues to grow, the prices of silver proof sets for the
years 1999 through 2002 will fall into a narrow range, likely somewhere
between the $170 to $450 and closer to the $170. I don't think prices can
collide at a higher level, it will drive off collectors with lower coin
budgets, much like what the price of platinum bullion does to limit the
collectors of those items.

My crystal ball says the hobby will suffer a decline in the quantity of coin
hobbyists sufficient to cause serious deflation of coin market prices. This
will occur between the years 2009 and 2015. Then be ready for the big boon
in the 2030s and 2040s as today's new collector will return to the hobby
with more discretionary income.

Bill
















How about the regular, non silver, sets of the same year?


--
Those who would give up ESSENTIAL LIBERTY to purchase a little TEMPORARY
SAFETY, deserve neither LIBERTY nor SAFETY.

Pennsylvania Assembly
November 11, 1755

Bill, Looking at those mintage numbers makes one want to take a look at
the 2000S to invest in. IMOHO I see the 99 series going down some but
what a gap for the mintage numbers to be so close. Please explain this
so we have something to argue about then I come see you next time. Mike
Hamm : )
Bill Krummel wrote:
"George D" wrote in message
news
I am wondering what different people think about the future pricing on US
1999 Silver Proof sets?


This is retail prices from the "Numismatic News Coin Market" for December
2006;

Year Mintage Retail Value

1999S silver 804,565 $450
2000S " 965,421 $ 35
2001S " 849,600 $170
2002S " 892,229 $ 63.50
2003S " 1,142,858 $ 31
2004S " 1,187,673 $ 51.50


My silver ball never functions properly with consistency. Looking at the
above, I would say that over time the years 1999-2002 will settle out at
roughly the same level, with 1999 likely the highest price but not by much.
However, the prices may not find their proper levels for years or a decade
or two. My crystal ball came up with this after being fed the information
that distribution from the US Mint was not uniform for all years and a major
factor in the price discrepancy between, for example, two very similar years
of mintage quantities, 1999 and 2001.

Where the prices ultimately settle will be determined simply by the demand
factor, since supply is already established howbeit not necessarily all in
the original packaging. So, what is demand going to do? Not too many
years ago (just before the state quarter program, I believe) I heard a
number of collectors and dealers declaring the hobby dead with no future.
Then, as though a switch had been flipped, there has been an influx of
collectors over the past few years which has revived the hobby.

If the hobby continues to grow, the prices of silver proof sets for the
years 1999 through 2002 will fall into a narrow range, likely somewhere
between the $170 to $450 and closer to the $170. I don't think prices can
collide at a higher level, it will drive off collectors with lower coin
budgets, much like what the price of platinum bullion does to limit the
collectors of those items.

My crystal ball says the hobby will suffer a decline in the quantity of coin
hobbyists sufficient to cause serious deflation of coin market prices. This
will occur between the years 2009 and 2015. Then be ready for the big boon
in the 2030s and 2040s as today's new collector will return to the hobby
with more discretionary income.

Bill
















How about the regular, non silver, sets of the same year?


--
Those who would give up ESSENTIAL LIBERTY to purchase a little TEMPORARY
SAFETY, deserve neither LIBERTY nor SAFETY.

Pennsylvania Assembly
November 11, 1755