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2007 James Madison $1 Coin Cover (P24) , For sale Tues. Noon

GoldbullyGoldbully Posts: 17,576 ✭✭✭✭✭
in U.S. Coin Forum
Why do these covers sell out???

Is there any investment aspect, or is pure joy of collecting for you and your kids?? image

Mint Link

Comments

  • OPAOPA Posts: 17,131 ✭✭✭✭✭
    Because the G.W. did so well, I suspect the flippers are the cause for the sell-outs. The J.A. did ok, the T.J. just marginally ok. I suspect it will get worse as time progresses.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • EnjoymintEnjoymint Posts: 300
    If the mintage for these covers goes to 100K for Monroe and still sells out then this years covers should go for a premium in the future.

    A lot of IFs.
  • COINB0YCOINB0Y Posts: 4,505
    This limited-edition cover - only 50,000 will be produced

    Not a chance they will up the number from 50K until we get to 'studs' like Lincoln, etc.

    The first (4) Presidents, unlike Sac (200K) unlike early States (100K - now down to 35K/per State) are set and insured of only increasing in value.

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