I just checked the BST.
PerryHall
Posts: 46,611 ✭✭✭✭✭
In the first 9 posts, 8 deal with the new palladium coin. Am I the only one that will be happy when the hysteria over this coin dies down? 
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
22
Comments
Sadly, it's become a bandwagon society we live in.
It seems whenever the mint sells a popular low mintage coin, there's a feeding frenzy with most buyers having no interest in the coin other than how much money they can make when they flip it. It's a shame that greed is such a big part of our hobby.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
It also fuels the budget for additional coins.
Please let it end.
Can you say “bubble”?
I agree, let's get it over with !!!
I love the injection of excitement. For someone who doesn't follow sports, getting to see the armchair quarterbacking, the wild enthusiasm, the sour grapes, the calm apathy is a blast.
It's interesting to see the conjecture. Where will they be in a week? A month? A year?
We need shots in the arm like this once in a while. It'll be gone soon enough--when the next thing or the next, next thing comes along.
--Severian the Lame
Agree. How did last year's palladium coin do? What was the original sale price? What was the highest value it reached? What is its current value? I'm guessing this coin will follow a similar trajectory.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
The amount of people trying to flip every coin they see vs. the ones just trying to add to their collection is way out of whack it seems but it is what it is.
I'll post coins from my collection on instagram and without fail I'll get PMs asking how much. Never bugged me until I learned everyone of those PMs was from someone looking to flip it with no interest in owning it and that kinda bugged me. The one time I responded with a price cause it was a duplicate and I thought he wanted it for his collection and he responded "that's basically retail I can't make anything at that price". I was like it's not even for sale I'm not over here trying to help you make a flip I thought you were a collector you said you loved the coin lol
I do love instagram though even with this annoyance, I just try to follow the actual collectors as much as possible.
Last year’s bullion version was in the $1,000-$1,150 range raw (more for graded) when the various vendors put them up for sale. The price has fallen a bit from the highs achieved back then but I’ve seen another spike with the issue of the proof. Raw coins are going in the $1,550-$1,750 range on eBay now (they had fallen to as low as $1,400 on eBay before the spike).
Since I collect Mercury Dimes and Walking Liberty Half Dollars, I was interested. I love the design. Did not realize it was going to be this popular.
The pied piper syndrome is in full swing.
Flipping fever rules..... Not sure how many collectors (real collectors) are involved...from what I see it is mainly flippers/dealers right now... Cheers, RickO
Yes, I got the coin to flip. Selling to a dealer down the street from me that I buy coins for my collection. Yes, I'm making about $240 on the coin but he in turn has given me great deals on the coins I do need. Works great for both of us! Blessings
Good move. I think.
Last time I bought something from the mint was...…...NEVER! I'm a collector not a flipper.
Disagree. Collectors buy coins from the US Mint all the time to keep for their collections. I have a subscription with the US Mint for the 5 oz silver ATB coins and I have yet to flip a single coin. I have many other coins in my collection that I have bought from the US Mint that I have no intention of ever selling..
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
It is almost like a tulip bubble
True collectors will eventually rule and the "craze" will end.
Then the "price guide" will be written and the value locked in stone ( or plastic, as it were).
Has the fury of the Proof Palladium $25 bullion round affected the prices of the 2017 BU issue?
I hate ticket scalpers. Numismatic scalpers are no better.
And all the jerks wanting to buy that will NOT respond to the simple question...
"what are willing to pay for one" you know they just want to take advantage of you......
For better or worse, genuine Collectors buy stuff directly from the U.S. Mint every single day.
What's this palladium $25 you guys are talking about?
Greed permeates every facet of our society. Numismatics is no exception.
The whole thing will die down very quickly. Those who strike while the iron's hot can make a few bucks.
Sensitive types are emotionally flipping