Buying Opportunity on 1999 Silver Proof Set: Recent Sale Prices Drop To Half All Time High

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) February 20, 2010 -- Representing the last year of the 20th Century and the first year that silver proof sets contained State Quarters, The 1999 Silver Proof set also has the lowest mintage of silver proof sets containing state quarters. This has meant prices in excess of 400 dollars or more since the set was released.

The fact that this is the last issue of silver proof sets for the 20th century alone would make the value of the 1999 Silver Proof Set more valuable than others in the set. Many coin collectors are attracted to the last year of issue for a series, but the appeal of the last silver proof set of the millennium also raised the demand and price for this issue.

Add the tremendous appeal of this being the first year of issue with State Quarters included, and a whole new avenue of demand appears. The State Quarter series is hugely popular and brought untold numbers of new collectors into the coin collecting hobby. Because the 1999 Silver Proof Set also has the lowest mintage of the State Quarter sets, this has also boosted the prices of this proof set.

Many of these sets were snapped up by dealers looking to profit off the immense demand the 1999 Silver Proof Set would create. Even The Home Shopping Network got into the act in selling this set. And they were not disappointed as this set has routinely sold at 4 times the price of the next scarcest proof set to contain State Quarters, the 2001 year.

But over the last year or so prices have been dropping on this set. Although many dealers are still offering this set in the 400 dollar price range, shrewd collectors who are paying attention can currently purchase the 1999 Silver Proof Set at half its traditional price. Auction sites seem to be the best way to acquire these sets, as the constant buying and selling keeps a finger on the pulse of the market.

If you have been holding out on buying this set or have been priced out of the market, this may be the buying opportunity you have been waiting for. The low mintage and increased demand for this year of issue should keep prices strong, so this is an opportunity that may not last.

More information can be found online at http://oldunitedstatescoins.com/1999-silver-proof-set

1999 silver proof set