20th SAE Sets Fetching Premium Prices!

CC2GO

Already selling very well. Will they go higher?

LINK

MYTWOCENTS

Those bidder are dumb they could buy the same set for a buy it now of159 here...Link

There's no telling how hi it will go..

aficionado

<< <i>Already selling very well. Will they go higher?

LINK >>



Look at the bid history. Something is messed up with that one.

kimon1230

<< <i>Those bidder are dumb they could buy the same set for a buy it now of159 here...Link

There's no telling how hi it will go.. >>


Let alone buying it from the mint for $100

fountainheadgold

<< <i>

<< <i>Already selling very well. Will they go higher?

LINK >>



Look at the bid history. Something is messed up with that one. >>




No, Bidder was bidding against a reserve

FatMan

<< <i>Those bidder are dumb they could buy the same set for a buy it now of159 here...Link >>

And that would be pretty stupid too since you can go to the mint's website and buy set for $100.

kimon1230

<< <i>

<< <i>Already selling very well. Will they go higher?

LINK >>



Look at the bid history. Something is messed up with that one. >>


What's wrong?

KeithinMD

Who says there is no market for moderns?

Coinhog

<< <i>

<< <i>Those bidder are dumb they could buy the same set for a buy it now of159 here...Link >>

And that would be pretty stupid too since you can go to the mint's website and buy set for $100. >>



maybe they don't want to wait until december. It is the era of instant gratification. These bidders are willing to pay a substantial premium to "get it now" I call it the supermarket effect or the walmart effect. Most americans are now programmed that if they want something, the "want it immediately". they're not stupid, the marketing machine in american merchandising has programmed them for instant gratification.

aficionado

<< <i>

<< <i>

<< <i>Already selling very well. Will they go higher?

LINK >>



Look at the bid history. Something is messed up with that one. >>


What's wrong? >>



Same bidder has the two highest bids, you can't bid against yourself. But as fountainheadgold stated, there must have been a reserve the bidder hit with his second bid.

HighRelief

This is a sleeper set waiting to happen. When they sell out at the mint, that will be the trigger.

tggr

This is a sleeper set waiting to happen. When they sell out at the mint, that will be the trigger.

I agree with you

oreville

There is a reason why these sets are selling for strong prices!!!

You need to figure it out.

itsnotjustme

It is because you can only get 10 from the mint. If some people believe these will be $300-$500 sets soon, buying below $200 may look like a nice deal regardless.

On the side, I ordered a second lot of 10 after the 30 days was up. After about a week, the min cancelled the second order.

Jcarney

<< <i>It is because you can only get 10 from the mint. If some people believe these will be $300-$500 sets soon, buying below $200 may look like a nice deal regardless. >>



Hmm. I wonder where you got that idea from?

BillJones

Note that this is a three day auction. The seller wants this to be a hit and run operation.

I don't think that this is going to be a great set in the long run. The mintage is just too high at 250,000 coins, and the reverse Proof is only piece that is really worth something.

Bear

People currently ordering such sets, will probably not get them,

or, will get the regect returns. The prices that now seem high may

look downright bargains by the first of the year.

FatMan

<< <i>People currently ordering such sets, will probably not get them, or, will get the regect returns. The prices that now seem high may look downright bargains by the first of the year. >>

Hey Bear. What makes you believe that. The mint has not posted that the sets are near sold out and are taking contingency orders as they did on the Gold set and now on the 2 pc set. I do not expect this set to sell out until the mint lifts the 10 order limit. And then large quantities can be purchased by dealers who will flood the market with the coins. Not a great formula for increases. 250K is no small mintage. If these were commemoratives with a 250K mintage they would be dogs. The only exception that I know of is 2001 Buffalo Dollar. I believe dealers have done a fine job of propping up the 95-W SAE. I just don't think they can prop up the price on a 250K mintage eagle over a long period of time.

<< <i>maybe they don't want to wait until december. It is the era of instant gratification. These bidders are willing to pay a substantial premium to "get it now" I call it the supermarket effect or the walmart effect. Most americans are now programmed that if they want something, the "want it immediately". they're not stupid, the marketing machine in american merchandising has programmed them for instant gratification. >>

That may be true, and could be a valid reason to spend stupid money. However, instant gratification purchases have no impact on real market pricing down the road. Using your example, these prices paid are meaningless. In two months there will hundreds of thousands of these in collectors and dealers hands. How many come to market and how often will determine the market price, not instant gratification.

aficionado

My opinion is a long term hold.

Buy 10, put the box in the closet and forget about it. 5 years from now will be the pay off.

pbfloyd

I ordered one because I want to see the reverse proof. I know they are not worth 100 but I like the way they did those.

KeithinMD

<< <i>Note that this is a three day auction. The seller wants this to be a hit and run operation.

I don't think that this is going to be a great set in the long run. The mintage is just too high at 250,000 coins, and the reverse Proof is only piece that is really worth something. >>



Do you think 10,000 reverse gold are too many? Just curious.

I too think the reverse silver will be a short and long term winner IMO.