<< <i>Before everybody goes rah rah, sis-boom-bah over eagles with 100k or 200k mintages, I think one example needs to be though of:
Not to be a party-pooper, but I see the 97 SMS nickel as being a coin left out of the discussion as its performance, or lack of it is rather germaine IMO: 25k mintage=KING OF THE NICKELS, right? LOL!!
I had a Julia PCGS MS70FS which I paid about $1300 for right when she went dark. I sold it today for $2700 thinking that she will be beat soon in terms of being the low mintage spouse.
The last one to sell went for $3400 on Jan. 15. Mine languished at a lower starting bid since then.
So, given the offer of $2700, I took it.
Thinking that I may regret this one...hard to say.
Having looked at it for the first time in a while today, I have to say that the Julia is the nicest looking as of yet. It's hard to understand why, given this, she is the lowest mintage so far.
<< <i>I hope that I didn't make a stupid move today...
I had a Julia PCGS MS70FS which I paid about $1300 for right when she went dark. I sold it today for $2700 thinking that she will be beat soon in terms of being the low mintage spouse.
The last one to sell went for $3400 on Jan. 15. Mine languished at a lower starting bid since then.
So, given the offer of $2700, I took it.
Thinking that I may regret this one...hard to say.
Having looked at it for the first time in a while today, I have to say that the Julia is the nicest looking as of yet. It's hard to understand why, given this, she is the lowest mintage so far. >>
Can't live with regrets, at the end of the day you made a nice profit. Grats
<< <i>Before everybody goes rah rah, sis-boom-bah over eagles with 100k or 200k mintages, I think one example needs to be though of:
Not to be a party-pooper, but I see the 97 SMS nickel as being a coin left out of the discussion as its performance, or lack of it is rather germaine IMO: 25k mintage=KING OF THE NICKELS, right? LOL!!
Not sure how it fits with the models for investment performance, what say you [other] Eric? >>
Answer: I have been asked that question before. If I were to price out that coin (a 25 thousand mintage nickel) I would suggest that the correct (kindest) reference point is the 1942 silver nickel. We have to select coins with like demand curves.
So in the current flipper mania featuring the (in)famous 25th Anniv sets, a special set featuring 25k mintage with commem and banknote thrown in would not be an "au courant"(sic) item fought and promoted by those cornering a coin with not a lot of interest?
IMO, these later issues have blushes of interest, followed by recession to truer levels of price as reflected by sustained demand. Honestly, I sometimes get the feeling that many of these issues are literally profit widgets and that true collector interest(versus flipper/investor/hoarder) is much lower than what is trumpeted so loudly; witness how many posters are braying endlessly about what they will do with all their boxes of 5, stacks of 69 and 70 "S" or rev. Proofs, etc.
Then there are those of us that are collectors that just get piles of these widgets, one at a time as they are issued, and fill their closets to overflowing....Sometimes I wonder if future collectors will just lump all of the 1982-2012 (or however long this lasts) into a special area of its own, separate from prev. Federal issues and mintages will be damned - one example to an even more extreme degree is the Canadian Mint issues, or Franklin Mint bits of earlier times - many of these have low mintages, actually nice designs, etc.
Yawn if you choose, but the future will come...
Love that Milled British (1830-1960) Well, just Love coins, period.
If the US recovers from our current experiment with socialism then I suspect these lean years of low mintages will be quite popular. If we continue to plow forward the way we are going I think we could see even lower mintages because fewer people will be collecting.
Gold and silver are valuable but wisdom is priceless.
<< So in the current flipper mania featuring the (in)famous 25th Anniv sets, a special set featuring 25k mintage with commem and banknote thrown in would not be an "au courant"(sic) item fought and promoted by those cornering a coin with not a lot of interest? >>
My guess is that the lack of interest in the 1997 Botanic Garden Coinage and Currency Set is partly because it features a nickel with a surface similar to that of a nice uncirculated specimen. The difference in appearance is not significant enough to generate collector enthusiasm as a "must-have" item.
<< IMO, these later issues have blushes of interest, followed by recession to truer levels of price as reflected by sustained demand. Honestly, I sometimes get the feeling that many of these issues are literally profit widgets and that true collector interest(versus flipper/investor/hoarder) is much lower than what is trumpeted so loudly; witness how many posters are braying endlessly about what they will do with all their boxes of 5, stacks of 69 and 70 "S" or rev. Proofs, etc. >>
I think collector interest in the 25th Anniversary Set will be sustained once the flippers have come and gone. The 2006 20th Anniversary Set remains popular five years after its issue date.
<< <i>I hope that I didn't make a stupid move today...
I had a Julia PCGS MS70FS which I paid about $1300 for right when she went dark. I sold it today for $2700 thinking that she will be beat soon in terms of being the low mintage spouse.
The last one to sell went for $3400 on Jan. 15. Mine languished at a lower starting bid since then.
So, given the offer of $2700, I took it.
Thinking that I may regret this one...hard to say.
Having looked at it for the first time in a while today, I have to say that the Julia is the nicest looking as of yet. It's hard to understand why, given this, she is the lowest mintage so far. >>
Just my opinion but I think you did fine! If your thinking is similar to Eric then the coin is close to its peek ($3,000 or so) and won't move up in price as quick as some of the others anymore. Also like you said soon she will be beat in terms of lowest mintage (maybe even in the 2011's if not I feel definitely in the 2012 series). And as for the last one you saw sell for $3400... if it was on eBay check in a few weeks and see if feedback was left... I have noticed that when a coin like Julia and other high end coins sell for what seems to be higher then retail (MCM and other retailers)on eBay are either relisted within a month or there is never feedback left by either party (makes me go hummm). For whatever reason the seller is trying to push a future sale based on his/ her so called previous sale (sorry Just thinking aloud about eBay). I think at this point but I can change in in the future when the set is PROMOTED) with a few of the higher priced FS coins the current collector of the set has it already or has decided it's to expensive to chase and will purchase a few current or feature issues and then trade for her (that is my plan anyway). In the end you doubled your money and can by the next 3 that come out with the money and get the next Julia and take profits again...
NPD1078
I have completed positive sales and purchses from the following members: jclovescoins, dpoole, dmarks, guysmiling, Ducky1100 , piecesofme, ericj96 ,Classof67, ModernCoin, MrOrganic, 53BKid, nychad10, GUINZO1975, derryb (3 times), PinkFloyd
Regarding the feedback. I have close to 800 feedback on Ebay. I don't leave feedback until the buyer leaves feedback. I would say about 40% of the time the buyers never leave feedback thus no feedback is left on either side. I really think that might be the driver as much as anything. Just my experience.
Currently working with nurmaler. Older transactions....circa 2011 BST transactions Gecko109, Segoja, lpinion, Agblox, oldgumballmachineswanted,pragmaticgoat, CharlieC, onlyroosies, timrutnat, ShinyThingsInPM under login lightcycler
interesting . . . the main menu for US Coin Forum shows Silverstreak with a post in this thread at 9:43, but it doesn't show up when you click on this thread. I'm posting to see how this affects things . . .
yup, once I posted, then the next page (504) shows, with silverstreaks post. . . .
<< <i>Regarding the feedback. I have close to 800 feedback on Ebay. I don't leave feedback until the buyer leaves feedback. I would say about 40% of the time the buyers never leave feedback thus no feedback is left on either side. I really think that might be the driver as much as anything. Just my experience. >>
You have the equation bass-ackwards pal. If a buyer pays quickly and fulfills his end of the agreement, I'll give him positive feedback immediately. If there's a problem, let the chips fall where they may. On the other hand, I don't think someone with your attitude is worth doing business with.
If everyone had your attitude, there wouldn't be ANY feedback for anyone. "You go first", "No you go first", "No, you go first". LOL
<< <i> You have the equation bass-ackwards pal. If a buyer pays quickly and fulfills his end of the agreement, I'll give him positive feedback immediately. If there's a problem, let the chips fall where they may. On the other hand, I don't think someone with your attitude is worth doing business with.
If everyone had your attitude, there wouldn't be ANY feedback for anyone. "You go first", "No you go first", "No, you go first". LOL >>
I'm with you. If a buyer pays for the item he purchased then he is entitled for a feedback. If I was the buyer I would want the same thing. I did my part and why should my feedback be based on me leaving you a feedback first.
<< <i>Regarding the feedback. I have close to 800 feedback on Ebay. I don't leave feedback until the buyer leaves feedback. I would say about 40% of the time the buyers never leave feedback thus no feedback is left on either side. I really think that might be the driver as much as anything. Just my experience. >>
Yeah, that's not nice. If the buyer has paid and taken delivery, he or she has met their part of the deal and has earned feedback - period. BTW, you would probably have more than 60% feedback if you would extend the courtesy first...
<< <i>I hope that I didn't make a stupid move today...
I had a Julia PCGS MS70FS which I paid about $1300 for right when she went dark. I sold it today for $2700 thinking that she will be beat soon in terms of being the low mintage spouse.
The last one to sell went for $3400 on Jan. 15. Mine languished at a lower starting bid since then.
So, given the offer of $2700, I took it.
Thinking that I may regret this one...hard to say.
Having looked at it for the first time in a while today, I have to say that the Julia is the nicest looking as of yet. It's hard to understand why, given this, she is the lowest mintage so far. >>
Thanks!!
I will check the previous to see if feedback is left.
Now that mine sold, another has appeared at a BIN of $4700 or so. Will be fun to watch.
Just my opinion but I think you did fine! If your thinking is similar to Eric then the coin is close to its peek ($3,000 or so) and won't move up in price as quick as some of the others anymore. Also like you said soon she will be beat in terms of lowest mintage (maybe even in the 2011's if not I feel definitely in the 2012 series). And as for the last one you saw sell for $3400... if it was on eBay check in a few weeks and see if feedback was left... I have noticed that when a coin like Julia and other high end coins sell for what seems to be higher then retail (MCM and other retailers)on eBay are either relisted within a month or there is never feedback left by either party (makes me go hummm). For whatever reason the seller is trying to push a future sale based on his/ her so called previous sale (sorry Just thinking aloud about eBay). I think at this point but I can change in in the future when the set is PROMOTED) with a few of the higher priced FS coins the current collector of the set has it already or has decided it's to expensive to chase and will purchase a few current or feature issues and then trade for her (that is my plan anyway). In the end you doubled your money and can by the next 3 that come out with the money and get the next Julia and take profits again... >>
<< <i>Regarding the feedback. I have close to 800 feedback on Ebay. I don't leave feedback until the buyer leaves feedback. I would say about 40% of the time the buyers never leave feedback thus no feedback is left on either side. I really think that might be the driver as much as anything. Just my experience. >>
Yeah, that's not nice. If the buyer has paid and taken delivery, he or she has met their part of the deal and has earned feedback - period. BTW, you would probably have more than 60% feedback if you would extend the courtesy first... >>
FYI...I've got over 2000 f.b. on ebay & I make it a habit to give f.b. as soon as the buyer pays. (He's met his obligation) When purchasing, I expect the same courtesy, and if not given, the seller can wait until H-ll freezes over for my feedback. Sellers need feed back more than buyers. Your DSR, along with your 20% kickback, is all predicated on feed back.
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
Don't want to get sidetracked to much on ebay feedback questions, but something I have wondered about as I do not sell much on ebay is how do you defend yourself if you leave positive feedback for a buyer as soon as he pays and it turns out he gives you negative feedback for something you truly did not deserve. Can you go back and edit your feedback comments to defend yourself after you have already left positive feedback?
Edited to add, Raufus, you did fine on that coin, don't fret to much about money that may have been left on the table as long as your on the sunny side
<< <i>Don't want to get sidetracked to much on ebay feedback questions, but something I have wondered about as I do not sell much on ebay is how do you defend yourself if you leave positive feedback for a buyer as soon as he pays and it turns out he gives you negative feedback for something you truly did not deserve. Can you go back and edit your feedback comments to defend yourself after you have already left positive feedback?
Edited to add, Raufus, you did fine on that coin, don't fret to much about money that may have been left on the table as long as your on the sunny side >>
Not really, best option is to buy something from them and hit them back where it hurts. Especially if the feedback they left was questionable. Or better yet, leave some time go and then a year later buy something and they kill their feedback. I know, I know I will get allot of negative comments, but if someone leaves me a negative undeserved feedback I will burn them back. Because of this most people use at least two accounts, one for selling and one for buying.
Just made a few firearms purchases and was trolling the SDB for some coins to sell to offset the guns.
My 2006 W plats fit the bill.
Looking over FeeBay closed auctions it's truly stunning how much these have tanked.
I bought mine just as I was getting into coins so I bought them as PCGS MS70FS as opposed to from The Mint and having them graded. Man have I been killed on these - not to mention the lost time value of the money wasted on them.
I wonder whether I should just sell and take the HUGE losses or sit on them.
There have sure been some GREAT moderns over the past few years to off-set these. That said, looking at what these used to bring vs now really brings home what utter DOGS the '06Ws are.
They're really fantastic looking and rare coins. I just don't get why they have languished so.
Guess I can sell them have have enough losses to cover any 25 anniv. sets that I sell this year...
Raufus, if you have a loss on them, sell some coins with equal gains in order to neutralize the tax impact. You still get the money out, but you still benefit by reducing your tax. Money is still money.
Q: Are You Printing Money? Bernanke: Not Literally
<< <i>Just made a few firearms purchases and was trolling the SDB for some coins to sell to offset the guns.
My 2006 W plats fit the bill.
Looking over FeeBay closed auctions it's truly stunning how much these have tanked.
I bought mine just as I was getting into coins so I bought them as PCGS MS70FS as opposed to from The Mint and having them graded. Man have I been killed on these - not to mention the lost time value of the money wasted on them.
I wonder whether I should just sell and take the HUGE losses or sit on them.
There have sure been some GREAT moderns over the past few years to off-set these. That said, looking at what these used to bring vs now really brings home what utter DOGS the '06Ws are.
They're really fantastic looking and rare coins. I just don't get why they have languished so.
Guess I can sell them have have enough losses to cover any 25 anniv. sets that I sell this year... >>
i have one question for you. do you hold any 2008 plats?
i see the plats as a long term hold. platinum has slumped in the last couple of years but it WILL come back. ALL platinum are dogs right at the moment. if you need the cash then sell. i graded and flipped the 2006`s quick. the 2008`s i am holdeing for the long haul.
<< <i>Just made a few firearms purchases and was trolling the SDB for some coins to sell to offset the guns.
My 2006 W plats fit the bill.
Looking over FeeBay closed auctions it's truly stunning how much these have tanked.
I bought mine just as I was getting into coins so I bought them as PCGS MS70FS as opposed to from The Mint and having them graded. Man have I been killed on these - not to mention the lost time value of the money wasted on them.
I wonder whether I should just sell and take the HUGE losses or sit on them.
There have sure been some GREAT moderns over the past few years to off-set these. That said, looking at what these used to bring vs now really brings home what utter DOGS the '06Ws are.
They're really fantastic looking and rare coins. I just don't get why they have languished so.
Guess I can sell them have have enough losses to cover any 25 anniv. sets that I sell this year... >>
i have one question for you. do you hold any 2008 plats?
i see the plats as a long term hold. platinum has slumped in the last couple of years but it WILL come back. ALL platinum are dogs right at the moment. if you need the cash then sell. i graded and flipped the 2006`s quick. the 2008`s i am holdeing for the long haul. >>
I do hold some 2008 plats. I have at least two PCGS 70 Proof sets, one or two PCGS 70 MS sets and one raw still sealed proof set.
You did VERY well in flipping the 2006s!! Congrats on that one!
I'm holding the '08s as well. If a future set is announced I may sell some of the '08s on the chance that the mintage of the new sets - or some denom. in them - will beat the '08s.
I believe that the 2006 W $10 Plat Unc is lower mintage (would have to check Eric's book) than the '08 W Unc, while all of the '08 W Plat proofs are King.
One thing that I'm very grateful for is that I didn't buy any of the 2004 plat proofs when I was considering doing so. Talk about tanked!
There are a lot of people on this board who make sure to remind us millions of moderns are made, but they made under 2700 each of the burnished quarter and half 2006 APE's and that makes them special IMO. I've already seen mishandled examples and some dealers have admitted to melting them so there may be even less than 2000 in MS condition. Besides, the reverses of the '06 and '08 are some of the best designs in modern mint history. I'm certainly not saying APE's are about to take off, but a wise poster on another forum said, "burnished plats will require the patience of Job." As such I think burnished plat eagles are a home run long term.
Folks buying these for a reasonable premium now will be VERY pleased they did so 5, 10, or 20 years down the line. Even if collectors don't seek them in the future I have a hard time believing you'll lose on platinum if you buy APE's at the right price down here.
Raufus, yes your losing money on them now but when you purchased them did you plan on flipping them in less then 5-7 years? Unless you purchased them from the Mint and had them graded yourself I think these are a pure long term investment with very little upside for a short term return. Not to mention at that time the Mint sold these Platinum was higher then gold.
"Folks buying these for a reasonable premium now will be VERY pleased they did so 5, 10, or 20 years down the line." I agree with ModernCoin but I think it's more like 20+ years down the line if not longer.
I also agree with you Knooker that there numbers are small BUT the collector base around APE'S is also small. I just think most collectors want them in gold and silver and even those are 20 years down the line.
With all that said I also have been purchasing the $10 and $25 burnished APE's when the price is reasonable. Text
NPD1078
I have completed positive sales and purchses from the following members: jclovescoins, dpoole, dmarks, guysmiling, Ducky1100 , piecesofme, ericj96 ,Classof67, ModernCoin, MrOrganic, 53BKid, nychad10, GUINZO1975, derryb (3 times), PinkFloyd
Raufus, I am holding my plats for my kids or grandkids (hopefully). I do not plan on making money on them in my lifetime but someday I hope somone in my family is going to be awful happy with those in hand. That said are you going to sell them on ebay or BST? Let us know
RobertS, love your response, sometimes revenge is sweet!
<< <i>Raufus, I am holding my plats for my kids or grandkids (hopefully). I do not plan on making money on them in my lifetime but someday I hope somone in my family is going to be awful happy with those in hand. ! >>
I, too, am holding these for the future gene pool. I'm a bigger fan of the proofs, and think it's the most beautiful series the Mint has produced in my lifetime. The burnished, though, are also awfully nice and just crazy scarce!
I'm still holding onto my last 2 MSER 06 w plat sets I got from the mint. I do not think I'll ever sell them and will pass them down. I did sell 2 sets in one day back when they was hot for $8500 each.That was the most money I ever made in one day. Good times
<< <i>Raufus, yes your losing money on them now but when you purchased them did you plan on flipping them in less then 5-7 years? Unless you purchased them from the Mint and had them graded yourself I think these are a pure long term investment with very little upside for a short term return. Not to mention at that time the Mint sold these Platinum was higher then gold.
"Folks buying these for a reasonable premium now will be VERY pleased they did so 5, 10, or 20 years down the line." I agree with ModernCoin but I think it's more like 20+ years down the line if not longer.
I also agree with you Knooker that there numbers are small BUT the collector base around APE'S is also small. I just think most collectors want them in gold and silver and even those are 20 years down the line.
With all that said I also have been purchasing the $10 and $25 burnished APE's when the price is reasonable. Text >>
Thanks for all of the replies! Your input is most appreciated.
I bought them just as I was getting into moderns - and coins in general for that matter. This was before I knew to just buy from The Mint and get them graded, etc.
I bought them as a long term hold. I had no expectations of short term gain, but I didn't expect them to drop by over 40% either.
They are fantastic looking coins to be sure. I still remain uncertain why they have not caught on more than they have. They're some of the best looking modern coins - it not the best- and have super low mintages.
<< <i>Raufus, I am holding my plats for my kids or grandkids (hopefully). I do not plan on making money on them in my lifetime but someday I hope somone in my family is going to be awful happy with those in hand. That said are you going to sell them on ebay or BST? Let us know
RobertS, love your response, sometimes revenge is sweet! >>
Hi timiber-
I had them on the BST for a while with no interest.
<< <i>It's a shame the US mint doesn't seem to try most of the time. This coin is awesome ! >>
As an aside, is KB "kettybeeth" is the full handle, I think, on the forum? He/she sells a LOT of high-end moderns and seems to have a huge inventory. I think that they have 5 2011 W $50 AGE MS70FS on FeeBay right now.
<< <i>I'm still holding onto my last 2 MSER 06 w plat sets I got from the mint. I do not think I'll ever sell them and will pass them down. I did sell 2 sets in one day back when they was hot for $8500 each.That was the most money I ever made in one day. Good times >>
Raufus, I needed some quick capital yesterday to run back to the coin show and make another purchase, and I decided to sell some 5 oz ATB extras and some specialty bullion that I bought not too long ago. Both served their purpose as a store of value. The final profit/loss numbers on those items don't matter as much as the fact that they served their purpose.
Don't get me wrong, I'm shooting for a home run every chance I get but that doesn't mean I can't re-evaluate when my focus changes. I know you'll manage the ebb and flow well in order to get what you want.
The fact remains that the Plat series didn't explode with new demand due to the great designs and low mintages. The price of platinum and the economy worked against the series. I'm not selling my own platinum because I like the 2-pronged potential both numismatic and bullion-wise, but that doesn't mean I'll be right about it during my lifetime. Eventually, the Plats will be a killer series. The only question in my mind is "when?"
Dealing with the Mint is always a love-hate thing. If the Mint hadn't mis-managed the whole Plat series by issuing too many denominations and too many varieties in too short a time, we would probably have a thriving Plat market by now. On the other hand, if the Mint hadn't mismanaged the whole Plat series by issuing too many denominations and too many varieties in too short a time, we probably wouldn't have the ultra-low mintages that embody the potential that I still see in the series.
Q: Are You Printing Money? Bernanke: Not Literally
Comments
<< <i>Before everybody goes rah rah, sis-boom-bah over eagles with 100k or 200k mintages, I think one example needs to be though of:
Not to be a party-pooper, but I see the 97 SMS nickel as being a coin left out of the discussion as its performance, or lack of it is rather germaine IMO: 25k mintage=KING OF THE NICKELS, right? LOL!!
<< <i>
I had a Julia PCGS MS70FS which I paid about $1300 for right when she went dark. I sold it today for $2700 thinking that she will be beat soon in terms of being the low mintage spouse.
The last one to sell went for $3400 on Jan. 15. Mine languished at a lower starting bid since then.
So, given the offer of $2700, I took it.
Thinking that I may regret this one...hard to say.
Having looked at it for the first time in a while today, I have to say that the Julia is the nicest looking as of yet. It's hard to understand why, given this, she is the lowest mintage so far.
<< <i>I hope that I didn't make a stupid move today...
I had a Julia PCGS MS70FS which I paid about $1300 for right when she went dark. I sold it today for $2700 thinking that she will be beat soon in terms of being the low mintage spouse.
The last one to sell went for $3400 on Jan. 15. Mine languished at a lower starting bid since then.
So, given the offer of $2700, I took it.
Thinking that I may regret this one...hard to say.
Having looked at it for the first time in a while today, I have to say that the Julia is the nicest looking as of yet. It's hard to understand why, given this, she is the lowest mintage so far. >>
Can't live with regrets, at the end of the day you made a nice profit. Grats
<< <i>Before everybody goes rah rah, sis-boom-bah over eagles with 100k or 200k mintages, I think one example needs to be though of:
Not to be a party-pooper, but I see the 97 SMS nickel as being a coin left out of the discussion as its performance, or lack of it is rather germaine IMO: 25k mintage=KING OF THE NICKELS, right? LOL!!
Not sure how it fits with the models for investment performance, what say you [other] Eric? >>
Answer:
I have been asked that question before. If I were to price out that coin (a 25 thousand mintage nickel) I would suggest that the correct (kindest) reference point is the 1942 silver nickel. We have to select coins with like demand curves.
IMO, these later issues have blushes of interest, followed by recession to truer levels of price as reflected by sustained demand. Honestly, I sometimes get the feeling that many of these issues are literally profit widgets and that true collector interest(versus flipper/investor/hoarder) is much lower than what is trumpeted so loudly; witness how many posters are braying endlessly about what they will do with all their boxes of 5, stacks of 69 and 70 "S" or rev. Proofs, etc.
Then there are those of us that are collectors that just get piles of these widgets, one at a time as they are issued, and fill their closets to overflowing....Sometimes I wonder if future collectors will just lump all of the 1982-2012 (or however long this lasts) into a special area of its own, separate from prev. Federal issues and mintages will be damned - one example to an even more extreme degree is the Canadian Mint issues, or Franklin Mint bits of earlier times - many of these have low mintages, actually nice designs, etc.
Yawn if you choose, but the future will come...
Well, just Love coins, period.
My guess is that the lack of interest in the 1997 Botanic Garden Coinage and Currency Set is partly because it features a nickel with a surface similar to that of a nice uncirculated specimen. The difference in appearance is not significant enough to generate collector enthusiasm as a "must-have" item.
<< IMO, these later issues have blushes of interest, followed by recession to truer levels of price as reflected by sustained demand. Honestly, I sometimes get the feeling that many of these issues are literally profit widgets and that true collector interest(versus flipper/investor/hoarder) is much lower than what is trumpeted so loudly; witness how many posters are braying endlessly about what they will do with all their boxes of 5, stacks of 69 and 70 "S" or rev. Proofs, etc. >>
I think collector interest in the 25th Anniversary Set will be sustained once the flippers have come and gone. The 2006 20th Anniversary Set remains popular five years after its issue date.
My Adolph A. Weinman signature
<< <i>I hope that I didn't make a stupid move today...
I had a Julia PCGS MS70FS which I paid about $1300 for right when she went dark. I sold it today for $2700 thinking that she will be beat soon in terms of being the low mintage spouse.
The last one to sell went for $3400 on Jan. 15. Mine languished at a lower starting bid since then.
So, given the offer of $2700, I took it.
Thinking that I may regret this one...hard to say.
Having looked at it for the first time in a while today, I have to say that the Julia is the nicest looking as of yet. It's hard to understand why, given this, she is the lowest mintage so far. >>
Just my opinion but I think you did fine!
If your thinking is similar to Eric then the coin is close to its peek ($3,000 or so) and won't move up in price as quick as some of the others anymore. Also like you said soon she will be beat in terms of lowest mintage (maybe even in the 2011's if not I feel definitely in the 2012 series). And as for the last one you saw sell for $3400... if it was on eBay check in a few weeks and see if feedback was left... I have noticed that when a coin like Julia and other high end coins sell for what seems to be higher then retail (MCM and other retailers)on eBay are either relisted within a month or there is never feedback left by either party (makes me go hummm). For whatever reason the seller is trying to push a future sale based on his/ her so called previous sale (sorry Just thinking aloud about eBay). I think at this point but I can change in in the future when the set is PROMOTED) with a few of the higher priced FS coins the current collector of the set has it already or has decided it's to expensive to chase and will purchase a few current or feature issues and then trade for her (that is my plan anyway).
In the end you doubled your money and can by the next 3 that come out with the money and get the next Julia and take profits again...
I have completed positive sales and purchses from the following members:
jclovescoins, dpoole, dmarks, guysmiling, Ducky1100 , piecesofme, ericj96 ,Classof67, ModernCoin, MrOrganic, 53BKid, nychad10, GUINZO1975, derryb (3 times), PinkFloyd
yup, once I posted, then the next page (504) shows, with silverstreaks post. . . .
Thanks!
<< <i>If I want to buy a First Hag from the mint today which one would be my best bet for low mintage?
Thanks! >>
Lucretia Garfield
<< <i>If I want to buy a First Hag from the mint today which one would be my best bet for low mintage?
Thanks! >>
First hag!
I guess the political correct police don't cover former President's wives.
<< <i>
<< <i>If I want to buy a First Hag from the mint today which one would be my best bet for low mintage?
Thanks! >>
First hag!
I prefer, "First Louse"
<< <i>Regarding the feedback. I have close to 800 feedback on Ebay. I don't leave feedback until the buyer leaves feedback. I would say about 40% of the time the buyers never leave feedback thus no feedback is left on either side. I really think that might be the driver as much as anything. Just my experience. >>
You have the equation bass-ackwards pal. If a buyer pays quickly and fulfills his end of the agreement, I'll give him positive feedback immediately. If there's a problem, let the chips fall where they may. On the other hand, I don't think someone with your attitude is worth doing business with.
If everyone had your attitude, there wouldn't be ANY feedback for anyone. "You go first", "No you go first", "No, you go first". LOL
<< <i>
You have the equation bass-ackwards pal. If a buyer pays quickly and fulfills his end of the agreement, I'll give him positive feedback immediately. If there's a problem, let the chips fall where they may. On the other hand, I don't think someone with your attitude is worth doing business with.
If everyone had your attitude, there wouldn't be ANY feedback for anyone. "You go first", "No you go first", "No, you go first". LOL >>
I'm with you. If a buyer pays for the item he purchased then he is entitled for a feedback. If I was the buyer I would want the same thing. I did my part and why should my feedback be based on me leaving you a feedback first.
<< <i>
<< <i>If I want to buy a First Hag from the mint today which one would be my best bet for low mintage?
Thanks! >>
First hag!
My greatest contribution to these boards: FirstHags™
<< <i>Regarding the feedback. I have close to 800 feedback on Ebay. I don't leave feedback until the buyer leaves feedback. I would say about 40% of the time the buyers never leave feedback thus no feedback is left on either side. I really think that might be the driver as much as anything. Just my experience. >>
Yeah, that's not nice. If the buyer has paid and taken delivery, he or she has met their part of the deal and has earned feedback - period. BTW, you would probably have more than 60% feedback if you would extend the courtesy first...
<< <i>Would you want your wives, daughters, sisters or mother called a Hag? Not a very respectful name for the first ladies of this country. >>
I would say the name applies to the coins, not the women on the coins.
<< <i>
<< <i>I hope that I didn't make a stupid move today...
I had a Julia PCGS MS70FS which I paid about $1300 for right when she went dark. I sold it today for $2700 thinking that she will be beat soon in terms of being the low mintage spouse.
The last one to sell went for $3400 on Jan. 15. Mine languished at a lower starting bid since then.
So, given the offer of $2700, I took it.
Thinking that I may regret this one...hard to say.
Having looked at it for the first time in a while today, I have to say that the Julia is the nicest looking as of yet. It's hard to understand why, given this, she is the lowest mintage so far. >>
Thanks!!
I will check the previous to see if feedback is left.
Now that mine sold, another has appeared at a BIN of $4700 or so. Will be fun to watch.
Just my opinion but I think you did fine!
If your thinking is similar to Eric then the coin is close to its peek ($3,000 or so) and won't move up in price as quick as some of the others anymore. Also like you said soon she will be beat in terms of lowest mintage (maybe even in the 2011's if not I feel definitely in the 2012 series). And as for the last one you saw sell for $3400... if it was on eBay check in a few weeks and see if feedback was left... I have noticed that when a coin like Julia and other high end coins sell for what seems to be higher then retail (MCM and other retailers)on eBay are either relisted within a month or there is never feedback left by either party (makes me go hummm). For whatever reason the seller is trying to push a future sale based on his/ her so called previous sale (sorry Just thinking aloud about eBay). I think at this point but I can change in in the future when the set is PROMOTED) with a few of the higher priced FS coins the current collector of the set has it already or has decided it's to expensive to chase and will purchase a few current or feature issues and then trade for her (that is my plan anyway).
In the end you doubled your money and can by the next 3 that come out with the money and get the next Julia and take profits again... >>
It turns out they're Julia Tyler's grandchildren also. Maybe some of the demand for the Julia coin is coming from relatives!
My Adolph A. Weinman signature
<< <i>
<< <i>Regarding the feedback. I have close to 800 feedback on Ebay. I don't leave feedback until the buyer leaves feedback. I would say about 40% of the time the buyers never leave feedback thus no feedback is left on either side. I really think that might be the driver as much as anything. Just my experience. >>
Yeah, that's not nice. If the buyer has paid and taken delivery, he or she has met their part of the deal and has earned feedback - period. BTW, you would probably have more than 60% feedback if you would extend the courtesy first... >>
FYI...I've got over 2000 f.b. on ebay & I make it a habit to give f.b. as soon as the buyer pays. (He's met his obligation) When purchasing, I expect the same courtesy, and if not given, the seller can wait until H-ll freezes over for my feedback. Sellers need feed back more than buyers. Your DSR, along with your 20% kickback, is all predicated on feed back.
Edited to add, Raufus, you did fine on that coin, don't fret to much about money that may have been left on the table as long as your on the sunny side
<< <i>Don't want to get sidetracked to much on ebay feedback questions, but something I have wondered about as I do not sell much on ebay is how do you defend yourself if you leave positive feedback for a buyer as soon as he pays and it turns out he gives you negative feedback for something you truly did not deserve. Can you go back and edit your feedback comments to defend yourself after you have already left positive feedback?
Edited to add, Raufus, you did fine on that coin, don't fret to much about money that may have been left on the table as long as your on the sunny side
Not really, best option is to buy something from them and hit them back where it hurts. Especially if the feedback they left was questionable. Or better yet, leave some time go and then a year later buy something and they kill their feedback. I know, I know I will get allot of negative comments, but if someone leaves me a negative undeserved feedback I will burn them back. Because of this most people use at least two accounts, one for selling and one for buying.
At the moment it shows products till Feb 23rd which is only 3 weeks away
2012 Product Schedule
<< <i>When does 2012 product schedule comes out from the Mint?
At the moment it shows products till Feb 23rd which is only 3 weeks away
I agree! I asked the same question HERE and didnt receive much more than people basically calling me an idiot for asking....
My 2006 W plats fit the bill.
Looking over FeeBay closed auctions it's truly stunning how much these have tanked.
I bought mine just as I was getting into coins so I bought them as PCGS MS70FS as opposed to from The Mint and having them graded. Man have I been killed on these - not to mention the lost time value of the money wasted on them.
I wonder whether I should just sell and take the HUGE losses or sit on them.
There have sure been some GREAT moderns over the past few years to off-set these. That said, looking at what these used to bring vs now really brings home what utter DOGS the '06Ws are.
They're really fantastic looking and rare coins. I just don't get why they have languished so.
Guess I can sell them have have enough losses to cover any 25 anniv. sets that I sell this year...
I knew it would happen.
Thanks :-)
<< <i>Just made a few firearms purchases and was trolling the SDB for some coins to sell to offset the guns.
My 2006 W plats fit the bill.
Looking over FeeBay closed auctions it's truly stunning how much these have tanked.
I bought mine just as I was getting into coins so I bought them as PCGS MS70FS as opposed to from The Mint and having them graded. Man have I been killed on these - not to mention the lost time value of the money wasted on them.
I wonder whether I should just sell and take the HUGE losses or sit on them.
There have sure been some GREAT moderns over the past few years to off-set these. That said, looking at what these used to bring vs now really brings home what utter DOGS the '06Ws are.
They're really fantastic looking and rare coins. I just don't get why they have languished so.
Guess I can sell them have have enough losses to cover any 25 anniv. sets that I sell this year... >>
i have one question for you. do you hold any 2008 plats?
i see the plats as a long term hold. platinum has slumped in the last couple of years but it WILL come back. ALL platinum are dogs right at the moment. if you need the cash then sell. i graded and flipped the 2006`s quick. the 2008`s i am holdeing for the long haul.
<< <i>
<< <i>Just made a few firearms purchases and was trolling the SDB for some coins to sell to offset the guns.
My 2006 W plats fit the bill.
Looking over FeeBay closed auctions it's truly stunning how much these have tanked.
I bought mine just as I was getting into coins so I bought them as PCGS MS70FS as opposed to from The Mint and having them graded. Man have I been killed on these - not to mention the lost time value of the money wasted on them.
I wonder whether I should just sell and take the HUGE losses or sit on them.
There have sure been some GREAT moderns over the past few years to off-set these. That said, looking at what these used to bring vs now really brings home what utter DOGS the '06Ws are.
They're really fantastic looking and rare coins. I just don't get why they have languished so.
Guess I can sell them have have enough losses to cover any 25 anniv. sets that I sell this year... >>
i have one question for you. do you hold any 2008 plats?
i see the plats as a long term hold. platinum has slumped in the last couple of years but it WILL come back. ALL platinum are dogs right at the moment. if you need the cash then sell. i graded and flipped the 2006`s quick. the 2008`s i am holdeing for the long haul. >>
I do hold some 2008 plats. I have at least two PCGS 70 Proof sets, one or two PCGS 70 MS sets and one raw still sealed proof set.
You did VERY well in flipping the 2006s!! Congrats on that one!
I'm holding the '08s as well. If a future set is announced I may sell some of the '08s on the chance that the mintage of the new sets - or some denom. in them - will beat the '08s.
I believe that the 2006 W $10 Plat Unc is lower mintage (would have to check Eric's book) than the '08 W Unc, while all of the '08 W Plat proofs are King.
One thing that I'm very grateful for is that I didn't buy any of the 2004 plat proofs when I was considering doing so. Talk about tanked!
Folks buying these for a reasonable premium now will be VERY pleased they did so 5, 10, or 20 years down the line. Even if collectors don't seek them in the future I have a hard time believing you'll lose on platinum if you buy APE's at the right price down here.
2006W Burnished $10 - 3544
2006W Burnished $25 - 2676
2006W Burnished $50 - 2577
2006W Burnished $100 - 3028
2008W Burnished $10 - 3706
2008W Burnished $25 - 2481
2008W Burnished $50 - 2253
2008W Burnished $100 - 2876
I personally am trying to get my hands on every one of these right now . . .
Mark
John Maben's awesome site presents
"Folks buying these for a reasonable premium now will be VERY pleased they did so 5, 10, or 20 years down the line." I agree with ModernCoin but I think it's more like 20+ years down the line if not longer.
I also agree with you Knooker that there numbers are small BUT the collector base around APE'S is also small. I just think most collectors want them in gold and silver and even those are 20 years down the line.
With all that said I also have been purchasing the $10 and $25 burnished APE's when the price is reasonable.
Text
I have completed positive sales and purchses from the following members:
jclovescoins, dpoole, dmarks, guysmiling, Ducky1100 , piecesofme, ericj96 ,Classof67, ModernCoin, MrOrganic, 53BKid, nychad10, GUINZO1975, derryb (3 times), PinkFloyd
RobertS, love your response, sometimes revenge is sweet!
<< <i>Raufus, I am holding my plats for my kids or grandkids (hopefully). I do not plan on making money on them in my lifetime but someday I hope somone in my family is going to be awful happy with those in hand. ! >>
I, too, am holding these for the future gene pool. I'm a bigger fan of the proofs, and think it's the most beautiful series the Mint has produced in my lifetime. The burnished, though, are also awfully nice and just crazy scarce!
<< <i>Raufus, yes your losing money on them now but when you purchased them did you plan on flipping them in less then 5-7 years? Unless you purchased them from the Mint and had them graded yourself I think these are a pure long term investment with very little upside for a short term return. Not to mention at that time the Mint sold these Platinum was higher then gold.
"Folks buying these for a reasonable premium now will be VERY pleased they did so 5, 10, or 20 years down the line." I agree with ModernCoin but I think it's more like 20+ years down the line if not longer.
I also agree with you Knooker that there numbers are small BUT the collector base around APE'S is also small. I just think most collectors want them in gold and silver and even those are 20 years down the line.
With all that said I also have been purchasing the $10 and $25 burnished APE's when the price is reasonable.
Text >>
Thanks for all of the replies! Your input is most appreciated.
I bought them just as I was getting into moderns - and coins in general for that matter. This was before I knew to just buy from The Mint and get them graded, etc.
I bought them as a long term hold. I had no expectations of short term gain, but I didn't expect them to drop by over 40% either.
They are fantastic looking coins to be sure. I still remain uncertain why they have not caught on more than they have. They're some of the best looking modern coins - it not the best- and have super low mintages.
<< <i>Raufus, I am holding my plats for my kids or grandkids (hopefully). I do not plan on making money on them in my lifetime but someday I hope somone in my family is going to be awful happy with those in hand. That said are you going to sell them on ebay or BST? Let us know
RobertS, love your response, sometimes revenge is sweet! >>
Hi timiber-
I had them on the BST for a while with no interest.
They are now on FeeBay. Here is the link:
2006 W Burnished Plat set PSGS MS70FS
(Sorry for the lousey pics, didn't have the good camera handy.)
I'd be happy to sell them on the BST and to pass along the saviings on the FeeBay fees.
I think that I've got about $8500 into them - OUCH!!!!
If they don't sell, I'll sell them as singles but will keep the $10 as it's the low mintage key for that denomination.
I'll use the loss to offset my profits on 25th anniv. and other stuff that I'll sell this year.
Still a pretty huge loss, but, as jmski said, "money is money"...
<< <i>It's a shame the US mint doesn't seem to try most of the time. This coin is awesome
As an aside, is KB "kettybeeth" is the full handle, I think, on the forum? He/she sells a LOT of high-end moderns and seems to have a huge inventory. I think that they have 5 2011 W $50 AGE MS70FS on FeeBay right now.
<< <i>I'm still holding onto my last 2 MSER 06 w plat sets I got from the mint. I do not think I'll ever sell them and will pass them down. I did sell 2 sets in one day back when they was hot for $8500 each.That was the most money I ever made in one day. Good times >>
Were the sets that you sold for $8500 MS70ERs?
Don't get me wrong, I'm shooting for a home run every chance I get but that doesn't mean I can't re-evaluate when my focus changes. I know you'll manage the ebb and flow well in order to get what you want.
The fact remains that the Plat series didn't explode with new demand due to the great designs and low mintages. The price of platinum and the economy worked against the series. I'm not selling my own platinum because I like the 2-pronged potential both numismatic and bullion-wise, but that doesn't mean I'll be right about it during my lifetime. Eventually, the Plats will be a killer series. The only question in my mind is "when?"
Dealing with the Mint is always a love-hate thing. If the Mint hadn't mis-managed the whole Plat series by issuing too many denominations and too many varieties in too short a time, we would probably have a thriving Plat market by now. On the other hand, if the Mint hadn't mismanaged the whole Plat series by issuing too many denominations and too many varieties in too short a time, we probably wouldn't have the ultra-low mintages that embody the potential that I still see in the series.
I knew it would happen.