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Spouse #4 will rising price effect sales

ScarsdaleCoinScarsdaleCoin Posts: 5,325 ✭✭✭✭✭
Three factors that may effect price of #4

It would be common sense that with the rising cost of gold that the mint will have to raise #4 price...... what are your thoughts?

In a thread just past several people mention how they did not do well as a flip with #3 ... hence another factor that also might hurt sales.....

Last factor.... the initial novelty has warn off
Jon Lerner - Scarsdale Coin - www.CoinHelp.com

Comments

  • OPAOPA Posts: 17,141 ✭✭✭✭✭
    Mixed feelings...I will definately purchase the proof, but no unc.
    My guess on the price....$$489 for the proof...$469 on the unc.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • BECOKABECOKA Posts: 16,961 ✭✭✭
    No clue,

    I would guess you are right. This one will not be a sellout. At least not in the first few weeks. I will still buy my one for my set but probably not going after extras for flipping.


  • << <i>Three factors that may effect price of #4

    It would be common sense that with the rising cost of gold that the mint will have to raise #4 price...... what are your thoughts?

    In a thread just past several people mention how they did not do well as a flip with #3 ... hence another factor that also might hurt sales.....

    Last factor.... the initial novelty has warn off >>




    I for one will be buying both #4 coins - want to make a 1st year set of proofs and unc's, coupled with the actual prez dollars would make a super set that I feel would be collectable in years' to come - especially if the mint removes the edge lettering - comments, thoughts etc??
    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
  • OPAOPA Posts: 17,141 ✭✭✭✭✭
    Mint is not going to remove the edge lettering...they just spend a ton of $ on a new machine....
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • CoinHuskerCoinHusker Posts: 5,033 ✭✭✭


    << <i>Mint is not going to remove the edge lettering...they just spend a ton of $ on a new machine.... >>




    Correct. they're just moving it to the Sac instead of the prez $.
    Collecting coins, medals and currency featuring "The Sower"
  • aficionadoaficionado Posts: 2,309 ✭✭✭

    This is one time we want gold to go down about $50 over the next two weeks.


  • JeremyDie1JeremyDie1 Posts: 2,383 ✭✭✭


    << <i>

    << <i>Three factors that may effect price of #4

    It would be common sense that with the rising cost of gold that the mint will have to raise #4 price...... what are your thoughts?

    In a thread just past several people mention how they did not do well as a flip with #3 ... hence another factor that also might hurt sales.....

    Last factor.... the initial novelty has warn off >>




    I for one will be buying both #4 coins - want to make a 1st year set of proofs and unc's, coupled with the actual prez dollars would make a super set that I feel would be collectable in years' to come - especially if the mint removes the edge lettering - comments, thoughts etc?? >>





    Yes, I agree. Don't forget about the medals too!image
  • BearBear Posts: 18,953 ✭✭✭
    When ever the vast majority of collectors

    avoid a coin. that is when the coin, achieves

    rarity and status. Then everyone wants it.

    Who can understand

    such insanity.image
    There once was a place called
    Camelotimage

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