@Zoins said:
There are reports that billionaires got 54% richer during pandemic and Laura has indicated more billionaires are buying coins. With a fixed amount of coins, what should we expect?
The Morgan / Peace price jumps affect the market more than these big ticket trophy and condition rarity pieces.
When the average Joe collector base increases that is an inflection point for overall coin values.
@Zoins said:
There are reports that billionaires got 54% richer during pandemic and Laura has indicated more billionaires are buying coins. With a fixed amount of coins, what should we expect?
How can you say "with a fixed amount of coins"? Every month a new load comes up for sale, it seems endless the amount of coins that are out there in the U.S., this isn't land by any stretch of the imagination.
@Zoins said:
There are reports that billionaires got 54% richer during pandemic and Laura has indicated more billionaires are buying coins. With a fixed amount of coins, what should we expect?
How can you say "with a fixed amount of coins"? Every month a new load comes up for sale, it seems endless the amount of coins that are out there in the U.S., this isn't land by any stretch of the imagination.
Unless you’re counting modern coins, which are being produced currently or in the future, the supply is most certainly a fixed amount. It’s the availability which is constantly changing.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
@Zoins said:
There are reports that billionaires got 54% richer during pandemic and Laura has indicated more billionaires are buying coins. With a fixed amount of coins, what should we expect?
How can you say "with a fixed amount of coins"? Every month a new load comes up for sale, it seems endless the amount of coins that are out there in the U.S., this isn't land by any stretch of the imagination.
Unless you’re counting modern coins, which are being produced currently or in the future, the supply is most certainly a fixed amount. It’s the availability which is constantly changing.
Has the number of top level sets being sold increased in the last year? By top level I mean sets with multiple top pop level coins? Some of the recent sales are the result of unfortunate life events, but are there others that are selling their sets sooner than planned as a result of the hot market opposed to the planned divesting?
Seems like a better time to be selling top pop coins than to be buying them.
@Zoins said:
There are reports that billionaires got 54% richer during pandemic and Laura has indicated more billionaires are buying coins. With a fixed amount of coins, what should we expect?
How can you say "with a fixed amount of coins"? Every month a new load comes up for sale, it seems endless the amount of coins that are out there in the U.S., this isn't land by any stretch of the imagination.
Unless you’re counting modern coins, which are being produced currently or in the future, the supply is most certainly a fixed amount. It’s the availability which is constantly changing.
Has the number of top level sets being sold increased in the last year? By top level I mean sets with multiple top pop level coins? Some of the recent sales are the result of unfortunate life events, but are there others that are selling their sets sooner than planned as a result of the hot market opposed to the planned divesting?
Seems like a better time to be selling top pop coins than to be buying them.
@Zoins said:
There are reports that billionaires got 54% richer during pandemic and Laura has indicated more billionaires are buying coins. With a fixed amount of coins, what should we expect?
How can you say "with a fixed amount of coins"? Every month a new load comes up for sale, it seems endless the amount of coins that are out there in the U.S., this isn't land by any stretch of the imagination.
Unless you’re counting modern coins, which are being produced currently or in the future, the supply is most certainly a fixed amount. It’s the availability which is constantly changing.
Has the number of top level sets being sold increased in the last year? By top level I mean sets with multiple top pop level coins? Some of the recent sales are the result of unfortunate life events, but are there others that are selling their sets sooner than planned as a result of the hot market opposed to the planned divesting?
Seems like a better time to be selling top pop coins than to be buying them.
@Zoins said:
There are reports that billionaires got 54% richer during pandemic and Laura has indicated more billionaires are buying coins. With a fixed amount of coins, what should we expect?
How can you say "with a fixed amount of coins"? Every month a new load comes up for sale, it seems endless the amount of coins that are out there in the U.S., this isn't land by any stretch of the imagination.
Unless you’re counting modern coins, which are being produced currently or in the future, the supply is most certainly a fixed amount. It’s the availability which is constantly changing.
Has the number of top level sets being sold increased in the last year? By top level I mean sets with multiple top pop level coins? Some of the recent sales are the result of unfortunate life events, but are there others that are selling their sets sooner than planned as a result of the hot market opposed to the planned divesting?
Seems like a better time to be selling top pop coins than to be buying them.
Yes. Good point the bubble will burst
Maybe. Or not. You never know whether it's a bubble UNLESS it bursts.
It's also worth pointing out that bubbles can deflate in price or time. No reason the price ever has to drop.
Divesting of major collections are always uneven. You might not see any of these coins for 25 years.
Could you check your crystal ball and let me know if Cassie and I end up living happily ever after? Thank you in advance.
@Zoins said:
There are reports that billionaires got 54% richer during pandemic and Laura has indicated more billionaires are buying coins. With a fixed amount of coins, what should we expect?
How can you say "with a fixed amount of coins"? Every month a new load comes up for sale, it seems endless the amount of coins that are out there in the U.S., this isn't land by any stretch of the imagination.
Unless you’re counting modern coins, which are being produced currently or in the future, the supply is most certainly a fixed amount. It’s the availability which is constantly changing.
Has the number of top level sets being sold increased in the last year? By top level I mean sets with multiple top pop level coins? Some of the recent sales are the result of unfortunate life events, but are there others that are selling their sets sooner than planned as a result of the hot market opposed to the planned divesting?
Seems like a better time to be selling top pop coins than to be buying them.
Yes. Good point the bubble will burst
Maybe. Or not. You never know whether it's a bubble UNLESS it bursts.
It's also worth pointing out that bubbles can deflate in price or time. No reason the price ever has to drop.
Divesting of major collections are always uneven. You might not see any of these coins for 25 years.
Could you check your crystal ball and let me know if Cassie and I end up living happily ever after? Thank you in advance.
I don’t have any confidence at all in ubercommon coins in uberuncommon grades holding these crazy prices.
@Zoins said:
There are reports that billionaires got 54% richer during pandemic and Laura has indicated more billionaires are buying coins. With a fixed amount of coins, what should we expect?
How can you say "with a fixed amount of coins"? Every month a new load comes up for sale, it seems endless the amount of coins that are out there in the U.S., this isn't land by any stretch of the imagination.
Unless you’re counting modern coins, which are being produced currently or in the future, the supply is most certainly a fixed amount. It’s the availability which is constantly changing.
Has the number of top level sets being sold increased in the last year? By top level I mean sets with multiple top pop level coins? Some of the recent sales are the result of unfortunate life events, but are there others that are selling their sets sooner than planned as a result of the hot market opposed to the planned divesting?
Seems like a better time to be selling top pop coins than to be buying them.
Yes. Good point the bubble will burst
Maybe. Or not. You never know whether it's a bubble UNLESS it bursts.
It's also worth pointing out that bubbles can deflate in price or time. No reason the price ever has to drop.
Divesting of major collections are always uneven. You might not see any of these coins for 25 years.
Could you check your crystal ball and let me know if Cassie and I end up living happily ever after? Thank you in advance.
I don’t have any confidence at all in ubercommon coins in uberuncommon grades holding these crazy prices.
Many people, including myself, said this TWENTY years ago. Yet, here we are.
I think 16-D dimes and SVDB cents are horribly overpriced. Yet, here we are.
@Floridafacelifter said:
I liked the 1941 in the sale better than the 1943, even though it didn’t have a CAC sticker- and it sold for “only” $50,400
Beautiful 1841! Am I seeing doubling of "IGWT" on this coin?
True view images a distortion of reality. Beautiful amazing coin but not the incredible look of photo posted of the coin outside the actual pcgs holder. True view images juiced up to inflate the coins price for bidders.
@Floridafacelifter said:
I liked the 1941 in the sale better than the 1943, even though it didn’t have a CAC sticker- and it sold for “only” $50,400
Beautiful 1841! Am I seeing doubling of "IGWT" on this coin?
True view images a distortion of reality. Beautiful amazing coin but not the incredible look of photo posted of the coin outside the actual pcgs holder. True view images juiced up to inflate the coins price for bidders.
I realize that after seeing TrueViews of coins and then seeing the coins in hand. TrueViews are glamor shots for owners that hide flaws such as hairlines and light surface abrasion. I didn't realize that the plastic in holders would create such a distortion. I also thought most TrueViews were shot outside of their eventual PCGS holder.
@Floridafacelifter said:
I liked the 1941 in the sale better than the 1943, even though it didn’t have a CAC sticker- and it sold for “only” $50,400
Beautiful 1841! Am I seeing doubling of "IGWT" on this coin?
True view images a distortion of reality. Beautiful amazing coin but not the incredible look of photo posted of the coin outside the actual pcgs holder. True view images juiced up to inflate the coins price for bidders.
I realize that after seeing TrueViews of coins and then seeing the coins in hand. TrueViews are glamor shots for owners that hide flaws such as hairlines and light surface abrasion. I didn't realize that the plastic in holders would create such a distortion. I also thought most TrueViews were shot outside of their eventual PCGS holder.
As far as I know, Rubicon has not seen the coin in hand. And TrueViews are typically shot out of the holder.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
TrueViews are often glamorous but, just to be clear, I don't believe for a second that PCGS takes the time to "juice" them. It's certainly possible a seller can take the TV, edit it and pass it on, but the original will always be online at PCGS.
@Zoins said:
There are reports that billionaires got 54% richer during pandemic and Laura has indicated more billionaires are buying coins. With a fixed amount of coins, what should we expect?
How can you say "with a fixed amount of coins"? Every month a new load comes up for sale, it seems endless the amount of coins that are out there in the U.S., this isn't land by any stretch of the imagination.
Unless you’re counting modern coins, which are being produced currently or in the future, the supply is most certainly a fixed amount. It’s the availability which is constantly changing.
@planetsteve said:
TrueViews are often glamorous but, just to be clear, I don't believe for a second that PCGS takes the time to "juice" them.
Agreed. Many TrueViews I have are spot on. Not all, but that’s the nature of photography and different coins take different approaches to get them to look like they do in hands
It's certainly possible a seller can take the TV, edit it and pass it on, but the original will always be online at PCGS.
Also agreed. We’ve seen high end dealers do this for versions posted on their own websites and the PCGS Registry.
Comments
The Morgan / Peace price jumps affect the market more than these big ticket trophy and condition rarity pieces.
When the average Joe collector base increases that is an inflection point for overall coin values.
That is more intriguing IMO.
How can you say "with a fixed amount of coins"? Every month a new load comes up for sale, it seems endless the amount of coins that are out there in the U.S., this isn't land by any stretch of the imagination.
Unless you’re counting modern coins, which are being produced currently or in the future, the supply is most certainly a fixed amount. It’s the availability which is constantly changing.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Has the number of top level sets being sold increased in the last year? By top level I mean sets with multiple top pop level coins? Some of the recent sales are the result of unfortunate life events, but are there others that are selling their sets sooner than planned as a result of the hot market opposed to the planned divesting?
Seems like a better time to be selling top pop coins than to be buying them.
Yes. Good point the bubble will burst
You really seem to be rooting against coins.
Maybe. Or not. You never know whether it's a bubble UNLESS it bursts.
It's also worth pointing out that bubbles can deflate in price or time. No reason the price ever has to drop.
Divesting of major collections are always uneven. You might not see any of these coins for 25 years.
Could you check your crystal ball and let me know if Cassie and I end up living happily ever after? Thank you in advance.
I don’t have any confidence at all in ubercommon coins in uberuncommon grades holding these crazy prices.
Many people, including myself, said this TWENTY years ago. Yet, here we are.
I think 16-D dimes and SVDB cents are horribly overpriced. Yet, here we are.
The Market needs to be respected.
Beautiful 1841! Am I seeing doubling of "IGWT" on this coin?
True view images a distortion of reality. Beautiful amazing coin but not the incredible look of photo posted of the coin outside the actual pcgs holder. True view images juiced up to inflate the coins price for bidders.
I realize that after seeing TrueViews of coins and then seeing the coins in hand. TrueViews are glamor shots for owners that hide flaws such as hairlines and light surface abrasion. I didn't realize that the plastic in holders would create such a distortion. I also thought most TrueViews were shot outside of their eventual PCGS holder.
As far as I know, Rubicon has not seen the coin in hand. And TrueViews are typically shot out of the holder.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
TrueViews are often glamorous but, just to be clear, I don't believe for a second that PCGS takes the time to "juice" them. It's certainly possible a seller can take the TV, edit it and pass it on, but the original will always be online at PCGS.
The supply of slabbed coins is by no means fixed.
Agreed. Many TrueViews I have are spot on. Not all, but that’s the nature of photography and different coins take different approaches to get them to look like they do in hands
Also agreed. We’ve seen high end dealers do this for versions posted on their own websites and the PCGS Registry.