ms70 2021 PEACE DOLLAR
hifisapi
Posts: 42 ✭✭
WITH A TOTAL MINTAGE OF 200K, HIGH RELIEF DESIGN,
AND GRADE RARITY FOR THE SERIES THIS SEEMS LIKE
S GOOD LONG TERM INVESTMENT/
WHAT DO YOU THINK?
0
Comments
Only time will tell. But I’m putting back some for the future and stop yelling. 😉
Hoard the keys.
I don't think so. There are many modern commems that have lower mintages and haven't appreciated in value. Conditional rarities are not rare.
Nope. Too many issues. Quality and shear quantity will level these out. Heck 2021 proof issues are for some reason doing better than these resale wise. Then the reverse proof and proof issues of Morgan’s and peace dollars , especially the reverse proof are going to cause problems with the set builders. 😉
🎶 shout shout, let it all out 🎶
Not a wise investment in my opinion.
Successful BST with ad4400, Kccoin, lablover, pointfivezero, koynekwest, jwitten, coin22lover, HalfDimeDude, erwindoc, jyzskowsi, COINS MAKE CENTS, AlanSki, BryceM
The Flippers already found their marks. Very few mint issues hold up over time. The mintage numbers are just too high.
Successful BST with drddm, BustDMs, Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino
$5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572
It is soon to join the long list of forgotten ultra-modern made for collector issues. Once the flippers have moved on the decline begins. The "70" won't save it.
Not an investment. Nice coin. Worth owning if you like it. Highly unlikely to increase in value. Like 99% of modern Mint products, it is likely to decrease in value over time.
For the record, 200k is not low. ASEs are highly collected and struggle to hold value if the mintage is much over 100k.
ALSO, IT IS NOT A HIGH RELIEF. [Not that the relief is a factor in the price dropping. ]
Please use your caps lock key correctly.
ANA 50 year/Life Member (now "Emeritus")
Probably not a future treasure.... Most mint products soon drop in value after the flipping fever. I have one... no doubt in my mind it is a 70, but will not be slabbing it. I like it as a coin and it looks great in my collection. Cheers, RickO
Not a good "investment" IMO. If one considered a 2021 Peace graded 70 as an "investment", it would be quite speculative, even on a long time horizon.
1) The Peace dollar is grading 70 at a comparatively high/reasonable rate. Condition rarity is a non-factor. Even the D Morgan, grades 70 sufficiently often to make the possibility of condition rarity no more than a minor factor, if at all.
Data through 12/11/2021 (note: %70 and total number graded of issue may be skewed somewhat by early bulk submissions with minimum grade 70 requested.):
2) The 2021 Peace value may be propped up if subsequent nouveau-Peace issues (like the 2022 proof) establish a nouveau-Peace series.
(aside: if there are no more future Denver minted Morgan issues, a 2021-D Morgan in 70 becomes perhaps the most intriguing of the 2021 issues, given that, a) at least currently, only two officially released Morgan issues from the Denver mint have been produced: 1921 and 2021, and b) the 2021-D will likely have the lowest population of 70s among the 2021 issues.)
....all speculation....not dissimilar from considering the 2021 Peace dollar an "investment".
- Ike Group member
- DIVa (Designated Ike Varieties) Project co-lead and attributor
The 1921 MS70 - now THATS an investment ...
But seriously if you have money to invest and choose to do so with rare coins, the only rare coins that are worthwhile must show either condition or absolute rarity (or both!) to assure a good return. Too many minted and too many will get MS70 for either to be the case with this coin...
They were a great investment for me! Made a ton of money off of them already... Of course I flipped them raw and let someone else take the gamble. Now time to move onto the next opportunity
Throw a coin enough times, and suppose one day it lands on its edge.
I think I will be buying them 5 years from now for a quarter of the current price. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Since the majority opinion is that these are not a good long term investment I will take the opposite side and say they will be a good long term investment,,,,
Someone please TTT this thread in 25 years.
If you can wait 100 years, when the 2221 Peace is released, the 2021 will get a bump...
You'd have to wait 200 years for the 2221 Peace dollar.
Oh. Nevermind then. I can't wait that long.