serious question about supply problems

pontiacinf

I have been watching the coin market for months. Everyone is complaining that high grade slabs in modern cant be had....its funny but you can browse any ebay subdivision (i-e cents, nickles, qtrs, halfs, whatever) and I see no shortgage of pr69 or high ms66 and above material...I have tons of modern high grade slabs Id galdly part with...one problem..none are worth selling right now...most moderns in pr69dcam or mint states in 67 higher only commanding 15-20 bucks.....but everyone says it cant be found...yet it all i have and all i see...someone offer me a decent amount for these high grades...Ill stock ya for the next 20 fuggin years.

mbbiker

<< <i>Everyone is complaining that high grade slabs in modern cant be had.... >>


That is very true just look at what you wrote a few lines after that...


<< <i>I have tons of modern high grade slabs Id galdly part with...one problem..none are worth selling right now >>

fantasiize

Pontiacinf,

Put me down for ALL your clad (non-state) 25c and Ikes in MS66 & MS67.

Since you say you see them in MS67 for 15 to 20 bucks, I will give you $40 for ALL p-mint clad quarters (1965 to 1998) in MS67 and I'll give you $50 for MS66 p-mint clad Ikes in MS66 or $100 (feeling generous) for the MS67 clad Ikes (any mint, not picky there). Let's talk about ALL MS66 clad (non-state) quarters that you have too.

pontiacinf

any other comments?...and I will gladly post a list of whats inhouse this weekend..

Endocrinologist

Mint State Kennedy Halves are REAL WEAK right now. Its hard to find them listed on Ebay because no body wants to give them away for free. I don't know about the other moderns right now.

Tade

I have to jump in here because Pontiacinf is addressing what I just am trying to figure out:

I bought yesterday a 1990 Silver Eagle MS69 PCGS for $41.00. I talked to the seller and he said that all his items
were what the coins were worth. A very nice guy.

I also keep a price list with my slabed eagles and a year ago, DHRC listed in their catalog the same coin for $135.00.

Pontiacinf is right, the prices have fallen greatly.

Is it time to buy or to bail?

ccrdragon

Don't know if it's time to buy/bail/or sell, but another example of prices dropping is the 1994 ASE. a year and a half ago, the 1994 was selling for $400+, now you can get one from DHRC for $85.

smprfi

Buy low sell high.You never bail low you hit bottom quicker.

Baley

you know what's in short supply? uncorroded classic head large cents. The copper was bad those years, in short supply and full of impurities. the coins didn't stand up to time very well.

It's very difficult to find even one, of any date, with more than half the details, and a relatively smooth planchet, and no significant damage. If you do find it, there's only one only and it's expensive.

Try to find something like the pic below in quantity, ANY grade above Fine, and you'll see what I mean. (and for this coin, I decided to settle on decent details, moderately porous, at an appropriate price)

Kennedies, Ikes, Washingtons, Roosies, Jeffs, Frankies, even Walkers, Mercs, Morgans, you can find gems all day long, any date, any quantity, at a commodity-type price, which of course does fluctuate according to demand, but as long as you don't require one of the 10 or 100 best ones registered, you can have as many as you can afford. And if you do want a top pop, someone will sell you one.

the early stuff? say, pre-1830? scarce in any grade, and fairly tightly held.

the later date material, say, post 1930?, there seems to be plenty around in nice to very nice unc, only really scarce in super duper gem grades, how high depends on the specific date/mm coin.

in between,. the supply seems to be, well, in between.

the coin supply is pretty obviously, generally, the older the coin, the fewer, the newer the more.


Demand, of course, is a whole nuther story, a certain segment of the market demands perfect, shiny, new looking coins, and isn't all that interested in looking at something like this:

Tade

ccrdragon: I have noticed that also about the coin going from $400 to $85. This does concern me and I wonder about others who
have invested a lot more into the ASE's than I have.

On the other hand, maybe it is the right time to put the set together of high grades as a collection.

Any thoughts??

mbbiker

I JUST started my ASE slabbed set, but i'm keeping in mind that these are just bullion coins if someone wants to pay $400 for $8.00 worth of silver thats there choice but they really can't expect it to stay that high forever i'm sure there are thousands of 1994 ASE's in ms-69 that arn't even slabbed yet.

cladking

<< <i>

Kennedies, Ikes, Washingtons, Roosies, Jeffs, Frankies, even Walkers, Mercs, Morgans, you can find gems all day long, any date, any quantity, at a commodity-type price, which of course does fluctuate according to demand, but as long as you don't require one of the 10 or 100 best ones registered, you can have as many as you can afford. And if you do want a top pop, someone will sell you one. >>



This simply isn't true. Try to find a gem 1969 quarter. Or maybe an 83-P. There are many others.
Then there are many which are scarce or rare in any grade. Like an 82-NMM dime or a 75 no-S.



<< <i>the coin supply is pretty obviously, generally, the older the coin, the fewer, the newer the more.
>>



This is generally true, but obviously coins aren't priced merely by their age.

Russ

You want tough coins to locate? Try Two Cent pieces in the MS62 to MS64 BN or RB range. You can find low grade problem crap all day long, and high grade red coins are also steadily available. But, where are the tweener coins?

Russ, NCNE

Baley

Try to find a gem 1969 quarter

OK:

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=3011560070&category=11967