Once the flipper 'neophyte' market cools, it will mostly be tied to the price of gold... unless some future (read that distant future) anomaly affects the market. Cheers, RickO
I was thinking.... Would it be worth going out to buy every single one of those coins out there and melt all but one? Would that single remaining coin be worth millions? hmmmmmmmmmmmm
I'm guessing these will do nicely over the long haul, but not to expect anything meteoric. I really like my coin and enjoy looking at it. The coin's basic beauty will help it come to be appreciated by collectors more and more.
Absolutely, I just had a listing end, you know the goofy one at $1825 or best offer. Well with about 30 seconds to go a reputable buyer offers $1,500, and my computer locks up and I couldn't click accept. So Yes.....
After the Mint reveals to people that they are not going to receive their order, since they sold-out in two hours but didn't post that info for days. The price will start rising above $550.
"It's far easier to fight for principles, than to live up to them." Adlai Stevenson
My gut based on 40 years in collectibles is this coin has a before end of year $1,500 price. It is a classic design beautifully executed. Having said that, I also thought that the same analysis applied to the Franklin founding father dollar and to a somewhat higher mintage Marine dollar but they are languishing. Sometimes the world does not run on logic. IMHO I think the Jefferson spouse will be an immediate BLOCKBUSTER.
Just got my order today and the coins are flat out stunning. I think once these move through the speculators and get to collectors they will be held onto in large numbers. This is one product that the Mint has executed beautifully (including the packaging) and it looks to me like a winner. So, in my opinion the long term outlook is very definitely positive.
I sold my one proof coin today for $533 net after postage and fees. I had several Jefferson proofs on my Ebay watch list. Some closed higher, some lower than what I got, but those were hammer prices before subtracting fees. Personally, I would be wary of high offers (above $650 per coin) thinking that they are looking to scam someone. Most coins are trading somewhere in the $500+ range, those interested can do the searches and tracking on Ebay to watch the market move up and down or sideways.
I feel like I have too much money tied up in my coins right now, so my selling may not be a reflection or prediction of future price movements.
I think there will be a demand for a "short set" of First Spouse coins that will include all the Liberty designs for the unmarried Presidents. This will give collectors without the ways and means of assembling an entire set the opportunity to collect at least a sub-set of the issue.
<< <i>I think there will be a demand for a "short set" of First Spouse coins that will include all the Liberty designs for the unmarried Presidents. This will give collectors without the ways and means of assembling an entire set the opportunity to collect at least a sub-set of the issue. >>
<< <i>I think there will be a demand for a "short set" of First Spouse coins that will include all the Liberty designs for the unmarried Presidents. This will give collectors without the ways and means of assembling an entire set the opportunity to collect at least a sub-set of the issue. >>
I believe there will be a very high demand for the Liberty sub set. That's the reason I am not worried about the dim wits that are giving away their coins for next to nothing. This is the time to be buying, not selling.
<< <i>I think there will be a demand for a "short set" of First Spouse coins that will include all the Liberty designs for the unmarried Presidents. This will give collectors without the ways and means of assembling an entire set the opportunity to collect at least a sub-set of the issue. >>
My gut feeling is that the first year issue of spouses, both unc and proof, will go at a premium as years go by and will gain marketability as a set of 1st year (8 coins) - we all know that 1st year issues are usually popular with collectors - dont see why this woulnt be any different - heck, throw in the 1st year prez dollars, especially if the mint removes the edge lettering - then you would have a nice match of couples for a complete set - laugh if you like, but 100 years from now, this IMO would be a killer collection!!!!
currently putting together a EF/AU/BU 18th & 19th Century Type Set; and CC Morgan Set
just completed 3d tour to Iraq and retired after 28+ years in the US Army
My reserve of $900 (break-even after fees) on eBay was hit yesterday...all profit from here!
--Christian
You Suck! Awarded 6/2008- 1901-O Micro O Morgan, 8/2008- 1878 VAM-123 Morgan, 9/2022 1888-O VAM-1B3 H8 Morgan | Senior Regional Representative- ANACS Coin Grading. Posted opinions on coins are my own, and are not an official ANACS opinion.
Comments
Would it be worth going out to buy every single one of those coins out there and melt all but one? Would that single remaining coin be worth millions?
hmmmmmmmmmmmm
If (ha!) this thing doesn't sell, should I just open it and stuff it into my safety deposit box!?
Roger
I feel like I have too much money tied up in my coins right now, so my selling may not be a reflection or prediction of future price movements.
<< <i>I think there will be a demand for a "short set" of First Spouse coins that will include all the Liberty designs for the unmarried Presidents. This will give collectors without the ways and means of assembling an entire set the opportunity to collect at least a sub-set of the issue. >>
<< <i>I think there will be a demand for a "short set" of First Spouse coins that will include all the Liberty designs for the unmarried Presidents. This will give collectors without the ways and means of assembling an entire set the opportunity to collect at least a sub-set of the issue. >>
I believe there will be a very high demand for the Liberty sub set. That's the reason I am not worried about the dim wits that are giving away their coins for next to nothing. This is the time to be buying, not selling.
<< <i>I think there will be a demand for a "short set" of First Spouse coins that will include all the Liberty designs for the unmarried Presidents. This will give collectors without the ways and means of assembling an entire set the opportunity to collect at least a sub-set of the issue.
>>
My gut feeling is that the first year issue of spouses, both unc and proof, will go at a premium as years go by and will gain marketability as a set of 1st year (8 coins) - we all know that 1st year issues are usually popular with collectors - dont see why this woulnt be any different - heck, throw in the 1st year prez dollars, especially if the mint removes the edge lettering - then you would have a nice match of couples for a complete set - laugh if you like, but 100 years from now, this IMO would be a killer collection!!!!
just completed 3d tour to Iraq and retired after 28+ years in the US Army
--Christian
Tim
2007 JEFFERSON FIRST SPUSE **PROOF COIN**
***Pre-sale--confirmed order--another sellout! 24 KT*** Item number: 260161585705
Prices on these are even better
<< <i>The Mint has gone out of their way to affect the immediate resale value of the Thomas Jefferson Liberty. Limiting orders to one per household ensured more collectors were able to order directly from the Mint, then by delaying shipping for 3 weeks so all the orders would be shippped together while the still accepted 'waiting list' orders further depressed the immediate resale value by creting a temporary glut in supply vs demand. IMO, this artificially and purpously induced price control tactic will be very short lived. Once the PCGS PR70's First Strike© hit the market prices will definetly firm quickly for sealed sets eligible for the designation. By November I expect prices for all the spouses will firm for the holiday shopping season. Anybody that would sell theirs now dosen't have a clue or needs the money. >>