TJ Spouse Gold flippers, Not a good time to list

anoldgoat

I just checked the bay. Out of the 106 listings, 68 of those were listed today. A lot of compitition out there right now.

Coinsponge

Good time to pick one up if you missed the mint offering and wanted one.

7over8

surprisingly weak prices, although too many auctions out there now

this is a beauty of a coin, a long term winner, no need to clear out inventory in a hurry on this one.

Type2

I am buying more and will flip after they are gone.

PokerGenius

I investing a few bucks to list my proof, but only for the price I want. otherwise Ill hold for a while. prices are starting to creep up a little.

CC2GO

Auctions for $550 or more are closing without bidders.
These are barely selling for $500! Not a good time to
sell is right! Why do flippers/sellers even bother?

renman95

<< <i>Auctions for $550 or more are closing without bidders.
These are barely selling for $500! Not a good time to
sell is right! Why do flippers/sellers even bother? >>



When gold is almost $1,000 per oz, then we'll get $500.

Ren

ScarsdaleCoin

It just goes to show that there is no solid collector based market for the spouse coins....other than the original flippers...

LanLord

My thought: I wonder if the fairly poor showing of the early First Spouse coins might make for very low numbers sold in later years, and therefore some extremely difficult coins/bullion to obtain.

Granted, those that don't consider bullion to be real coins, might not really care, but in 50 or 100 years or so, there my be completely different feelings on what the bullion series units actually mean to the US coin overall series. Sorta like patterns are a different breed, cool, unusual but not part of mainstream collecting. Perhaps bullion will be too. Most of it will have huge populations with virtually all saved, but some could find their way to lower populations because of the unpopularity and oversaturation of the product line.

renman95

<< <i>It just goes to show that there is no solid collector based market for the spouse coins....other than the original flippers... >>



I guess we all knew this...20,000 is way too many to find support. If the J-Lib can't find homes then this series is doomed to BV status. Future Spouses will not sellout...(future rarities.)

Ren

291fifth

This coin will be trading at or near melt in the near future. Far too high a mintage.

GAT

There were 208 auctions on der fleaBay when I checked earlier this morning.

TwoSides2aCoin

There are just enough minted that the true collectors will end up with all of them

Doogy

<< <i>It just goes to show that there is no solid collector based market for the spouse coins....other than the original flippers... >>



yup, well said

cmerlo1

I knew I was taking a risk when I bought them, but it looked like a good one...unfortunately, with my site about to go live, I can't afford to have $900 tied up in them right now...I am selling both in the same auction, and bids are at $610 right now...I have a $900 reserve, which will allow me to break even after fees, etc...if they go for that, I'm happy. I'm also glad I had the opportunity to own these coins, if only for a couple of weeks...

--Christian

agentjim007

Even though these are widely distributed because of the limits it appears most were picked up by those who had no intentions of holding them (and everyone they know). I didn't buy 2 to hold and neither did my brother and sister. I expect prices to firm up but the drop on the first two will not help. I am selling my unc. (the proof is too nice to let go, not my original plan) getting me into my proof for less than melt. The possibilty does exist these will follow the path of the first two and go nowhere (from current levels). When my sister calls me today and asks me what to do I'll tell her you can make $185 today (minus $15/$20 shipping) or hold and take your chances. I'll tell her I would rather her mad at me for "only" making $170 than selling later for less. I think the question is , Why should these be worth considerably more than the first two? We on this board are collectors and appreciate the design but most are not like us and see the first two and feel this is worth the same.

powerup

Does anybody think that when HSN starts selling them, the popularity will rise? Advertising?

TwoSides2aCoin

A box showed up today... OH Goody, should I leave it sealed ?

cullenbryant

we've reached the point of repose with modern bullion. I don't search every
area, but lots of issues' premiums have dropped.

it's saturation. Even a thinking person can't keep track of all of this,
and a big spender can barely keep up.

agentjim007

A box showed up today... OH Goody, should I leave it sealed ?

if your flipping yes. If your keeping it open and enjoy.

Texast

<< <i>Does anybody think that when HSN starts selling them, the popularity will rise? Advertising? >>


Bingo! HSN is one of the best advertisers for the market, once they start selling at their super high prices folks will start picking these up on eBay. I have to believe with them having to buy so many on the secondary market they are going to charge more for these then they did the first two. You know they are going to add extra hype over the fact it is a classic design.

HSN can also kill the value for a market, case in point is the 2007-W Silver Eagle, by selling their ICG MS70's for $99.00 it kept the market for any MS70 from getting that high on eBay

TwoSides2aCoin

<< <i>A box showed up today... OH Goody, should I leave it sealed ?
if your flipping yes. If your keeping it open and enjoy. >>



As for TJ, it's a "NO SPOUSE" coin worth holding.

agentjim007

if HSN is going to turn the maket why isn't that working for the first two?

jmski52

I wonder if the fairly poor showing of the early First Spouse coins might make for very low numbers sold in later years, and therefore some extremely difficult coins/bullion to obtain.

After a few Prez Spouse coins go through a slow flip cycle and some flippers have "dead money" sitting in coins, they might scale back future purchases. To wit:

Louisa Catherine Johnson Adams
Rachel Donelson Jackson
Hannah Hoes Van Buren
Anna Tuthill Symmes Harrison
Letitia Christian Tyler
Julia Gardiner Tyler
Sarah Childress Polk
Margaret Mackall Smith Taylor
Abigail Powers Fillmore
Jane Means Appleton Pierce

Of these 10 individuals, who can name offhand something that any one of them is known for? Interest will inevitably wane during this span, and mintages will inevitably decline.

When the flippers get bored, the low mintage issues will attempt to sneak past our collective noses.

Coinsponge

<< <i>

<< <i>It just goes to show that there is no solid collector based market for the spouse coins....other than the original flippers... >>



I guess we all knew this...20,000 is way too many to find support. If the J-Lib can't find homes then this series is doomed to BV status. Future Spouses will not sellout...(future rarities.)

Ren >>




You might rank up there with other predictors shuch as the patent officer who claimed in 1900 that everything that can be invented has been or the paper that printed in bold type "Dewey Wins". Not sure why so many say 20k is such a great number. The 1995-W ASE was 30k. What happened there?

kiyote

<< <i>I wonder if the fairly poor showing of the early First Spouse coins might make for very low numbers sold in later years, and therefore some extremely difficult coins/bullion to obtain.

After a few Prez Spouse coins go through a slow flip cycle and some flippers have "dead money" sitting in coins, they might scale back future purchases. To wit:

Anna Tuthill Symmes Harrison

Of these 10 individuals, who can name offhand something that any one of them is known for?

<< <i>

Anna held her husband's hand while he was on his deathbed and fetched him tissues!

Coinsponge

Oh that's cold. We honor our women because they do great things in the background. Just because they did not hold office or start some movement doesn't mean that they did nothing. I suspect the greatest accomplishments of the world go without recognition. What did we know about Sacegewea before she was on the coin? Was she was the wife of a guide? Wow, let's see you guys attack her.

Connecticoin

<< <i>It just goes to show that there is no solid collector based market for the spouse coins....other than the original flippers... >>



Just like the 1986 and 1987 $5 gold -- selling at melt, even in the nice mahogany presentation boxes.

FLBuffaloHunter

The Mint reducing order limits to one per household, keeping waiting list orders open and delaying shipping so that orders are filled all at once is having it's desired effect on the immediate resale value of the Thomas Jefferson Liberty coins. Which is the opposite of what happened with the first two spouses. I feel a First Strike© 70 will bring $1,500+ since there are no large hoards of these coins being sent in for grading. Raw and sealed sets should pick up in November for Christmas shopping and pending waiting list orders are either filled or canceled.

Coinsponge

<< <i>

<< <i>It just goes to show that there is no solid collector based market for the spouse coins....other than the original flippers... >>




I am sorry but how can a couple hundered flippers on ebay define the marked for any coin? In today's market of instant profit I would expect of certain percentage of flippers. That does not mean that there is no collector base. This is the world we live in today. The stock marked is different today than it was in the 70's and so is the coin market.

COINB0Y

"TJ Spouse Gold flippers, Not a good time to list"

Hello, Master of the Obvious!

Type2

I thank Ca$h is geting tight and that is why flipers are going for the 100 to 150 proift that is OK EZ Ca$h is good. But I am in it long turm so I will hold off fliping for some time and it gives collector a chance to buy them at a good price. The one's that could not get in on time to order from the mint. I am doubling up on my orders and holding but that is just me.

aficionado

I think ebay will dry up pretty fast.

I just finished selling my lots of Martha and Adams. But with the limits on the Jefferson, most people only have 1 or 2 to sell, if that.

I also think the Mint sent out a majority of the Jeffersons. There's not going to be three or four surges of these, like the first two. I'm thinking these first few days are it, with only limited shipping to clear everything out.

I can't speak for the price, but I'm holding the couple coins I have. I'll always want a set for myself and the downside is limited on my extra set. I'm holding.

mckaleta

when will the mint offer a presentation box for my mint sealed box?

GAT

Amazing, only the second delivery day and people are willing to give up on them. My FedEx man just knocked on the door and delivered my pair and they aren't going anywhere. Has everyone forgot you have 30 days to return them for a full refund? Better yet, list them on the BST board if you're running scared. These are winners long term and the sub liberty set will be very popular.

Coinsponge

<< <i>A box showed up today... OH Goody, should I leave it sealed ?

>>



Is it ticking?

pf70collector

HSN will make out on these not the flippers on ebay of the JT's. Easy pickings for them now to pick up these at low prices. HOLD LONG TERM.

CC2GO

<< <i>Does anybody think that when HSN starts selling them, the popularity will rise? Advertising?


Bingo! HSN is one of the best advertisers for the market, once they start selling at their super high prices folks will start picking these up on eBay. I have to believe with them having to buy so many on the secondary market they are going to charge more for these then they did the first two. You know they are going to add extra hype over the fact it is a classic design. >>



This is my belief also! Sellers are crazy to let these go so soon.
Demand for this modern classic and prices will eventually take off!

wondercoin

"TJ Spouse Gold flippers, Not a good time to list"
Hello, Master of the Obvious!

I have been offering nearly a 19% return for less than a week's time period hold on these coins in my BST board offer to buy. If that is how "bad" it is for flippers these days, what other items should folks be buying instead - I'd like to know?

As for ebay - IMHO, that has become a "train wreck" on a number of numismatic items recently - by no means just Spouse coins. It started about a year ago with 20th anniversary product the way I see it.

Wondercoin

Coinsponge

If you think the spouses are bad for flippers just try flipping a beautiful proof set from the mint.

asin

Listen to you people CRY,CRY,CRY. You finally contracted the U.S. MINT BURNOUT FLUE. Now take your medicine like men. Almost sounds like the REAL ESTATE MESS rings a bell to me now MAX OUT THE CREDIT CARDS.

wondercoin

"Now take your medicine like men"

Are you are referring to the 19% return in a week's time (what's that - 988% annualized return?) I am offering today? That is the "medicine" the men should take?

Wondercoin.

P.S. - OK - I have a confession to make. First real family vacation in past 5-10 years. I was in Kauai the week the Jeff coins went on sale. I needed to wake up around 5:45 a.m. (Kauai time) to get on the phones to order. I woke up around 3:00 a.m. thinking about it - I made the decision then and there to "sleep in" and forego placing the phone order. The "after-market" isn't all that bad - men need to take their "19%" medicine.

renman95

I got 2 of my 4 from my friendly FedEx driver. I like the coins, especially the unc.

Not flippin'.

I'm saving my "Liberty's" for a 4-coin Liberty set to be complete sometime in 2010!

Ren

Rustybigruss

Mine arrived on Friday ,opened them today and they are keepers!!!!!!!!,i do believe that the ones that got them first last time with the MARTHA WASHINGTON and ABIGAIL ADAMS are getting theres last this time,Both of mine Looks 100% perfect no defects,and i could care less about the so called First strike...........