Just got my one set today, very nicely done and no spotting or nicks on any of the coins. The cents look especially nice. I'm keeping mine, prices be damned!
This set reminds me of the Franklin C&C set. The primary coin inside is available elsewhere for far less money ($55ish) and the cents are all available in a proof set. Given the packaging is so nice, I predict a gentle fall to about $100 where it will stay over time. Not bad if you bought at $60 (have to remember the $4.95 for shipping), not good if you paid $180. Just MHO.
Retired United States Mint guy, now working on an Everyman Type Set.
I'm keeping my six. I'll find out in a few years if they are winners or not. No one really knows but I think Lincoln is very popular. I doubt very much that they will be sold below issue price in a few years.
<< <i>I'm keeping my six. I'll find out in a few years if they are winners or not. No one really knows but I think Lincoln is very popular. I doubt very much that they will be sold below issue price in a few years. >>
You might get a spike next year in the fall when the Lincoln $1 coin comes out.
Anyone know what they are currently bring on eBay?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Considering there are only 50,000, it's likely 15% will be slabbed, 40% will be put away, 25% will be sold/resold, and 20% will be given away (gifts for family , etc), and eventually re-enter the market. In that respect, it is my belief that "The Flip" is an important part of establishing "price guides". So, as much as moderns suck for some... they're part of the heartbeat of "the greatest hobby".
<< <i>Considering there are only 50,000, it's likely 15% will be slabbed, 40% will be put away, 25% will be sold/resold, and 20% will be given away (gifts for family , etc), and eventually re-enter the market. In that respect, it is my belief that "The Flip" is an important part of establishing "price guides". So, as much as moderns suck for some... they're part of the heartbeat of "the greatest hobby". >>
Do I have to concede to the fact that flipping establishes a price guide..???
This is how it's gone for awhile on new mint release flips....
Sell-out occurs pre-sales flippers get big bucks once the items start getting received, prices go down as the ones who only bought to flip flood the market and don't care about the price as long as THEY get out Some of the buyers are other, bigger, flippers....they buy up the cheap ones and start throttling the supply Many times, once the initial, wimpy, flippers are out, the prices go back up as there are still those that didn't get what they wanted and there aren't as many on the market now
<< <i>This is how it's gone for awhile on new mint release flips....
Sell-out occurs pre-sales flippers get big bucks once the items start getting received, prices go down as the ones who only bought to flip flood the market and don't care about the price as long as THEY get out Some of the buyers are other, bigger, flippers....they buy up the cheap ones and start throttling the supply Many times, once the initial, wimpy, flippers are out, the prices go back up as there are still those that didn't get what they wanted and there aren't as many on the market now >>
Interesting. I have to agree this is pretty much what I observe too.
The flipping seems so pathetic at a certain level, tho'.
But i'm talking as someone who purchased a single set from the mint at $55 and intends to keep it. Perhaps that is the most pathetic of all.
It's in very nice packaging. (I think i'm getting even more pathetic now)
If I keep thinking along these lines, i'm going to start questioning coin collecting again.
That's good news RYK but I'm afraid it'll be all played out by the the time my second set arrives. That would be the one that was supposed to vault me into the ranks of the modern flippers.
The set is currently completing leg 3 of it's U.S. East Coast Tour and was last seen in in Milford, CT 9 days ago as it makes it's way to Sacramento CA.
(an order placed in the first hour on 10/15)
Thank goodness I have Zhu Zhu's in hand.
edit spl.
"Inspiration exists, but it has to find you working" Pablo Picasso
Number of listings are cut in half from the high of 550, yet the last two sold for an average of $132. Seems like if supply is reduced price should increase. I say $80-100 range after the holidays, same as LP1.
<< <i>The set is currently completing leg 3 of it's U.S. East Coast Tour and was last seen in in Milford, CT 9 days ago as it makes it's way to Sacramento C >>
I like that it took 9 days to go from Northboro, MA to Northboro, MA .....Must be a huge building
I need to check. I ended up just keeping mine (because I was too lazy to put it on Ebay or open up the time capsule in the shed and deposit it there).
Always took candy from strangers Didn't wanna get me no trade Never want to be like papa Working for the boss every night and day --"Happy", by the Rolling Stones (1972)
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Not for me, but I did sell my friends, opened, for $135 before shipping/PP fees, so he was happy. I also talked to my son and we decided not to keep his (he shares his bday with Abe, so it would have been kind of cool) and are putting the funds into his college fund. Sold a week ago at a local show, to a dealer, for $155. No fees, no fuss, no muss. I was happy with that and so was he when I told him (he couldn't do the show because it was Grandpa's birthday and he had to go )
Comments
<< <i>Did anybody catch the the price the coin vault had the other day when they had a few of these on? >>
No, but these are selling right now for $150.00 a set on coin vault: Edited to say on CV they are selling an NGC version PF69 NOT the PCGS.
10-4,
My Instagram picturesErik
My registry sets
<< <i>
<< <i>Did anybody catch the the price the coin vault had the other day when they had a few of these on? >>
<STRONG>No, but these are selling right now for $150.00 a set on coin vault: Edited to say on CV they are selling an NGC version PF69 NOT the PCGS.
</STRONG>
I actually like this presentation ... I must have Lincoln Fever!
Whatever you are, be a good one. ---- Abraham Lincoln
K
<< <i>We need a well managed holiday promotion to push the price up for these...
K >>
So should I offer a Free Turkey AND Free Shipping in the $138 purchase price of my set??
The name is LEE!
Box of 20
<< <i>
<< <i>We need a well managed holiday promotion to push the price up for these...
K >>
So should I offer a Free Turkey AND Free Shipping in the $138 purchase price of my set??
mmmmmmmmmmmmmmm.....................free turkeys!!!!!!!
<< <i>
<< <i>We need a well managed holiday promotion to push the price up for these...
K >>
So should I offer a Free Turkey AND Free Shipping in the $138 purchase price of my set??
Turkeys are expensive to ship. You might want to rethink that one.
<< <i>I'm keeping my six. I'll find out in a few years if they are winners or not. No one really knows but I think Lincoln is very popular. I doubt very much that they will be sold below issue price in a few years. >>
You might get a spike next year in the fall when the Lincoln $1 coin comes out.
<< <i>Turkeys are expensive to ship. You might want to rethink that one.
"As God is my witness, I thought turkeys could fly ... "
Whatever you are, be a good one. ---- Abraham Lincoln
<< <i>
<< <i>
<< <i>We need a well managed holiday promotion to push the price up for these...
K >>
So should I offer a Free Turkey AND Free Shipping in the $138 purchase price of my set??
Turkeys are expensive to ship. You might want to rethink that one.
Turkeys encompass more than just a bird you can eat!
Perhaps some coins that qualify for "OMG, what a turkey!" would work?
Nah!
The name is LEE!
<< <i>i see the number of listings are dropping, i think this weekend is last call. >>
last call for the flippers to make a profit worth discussing on this
forum i imagine.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>Anyone know what they are currently bring on eBay? >>
I would say the avg price is gonna be pricing between $125 -$150....
<< <i>my feeling is, once the current wave of flippers are done flipping, prices will increase back into the $175 level >>
Okey Dokey then!
The name is LEE!
<< <i>Anyone know what they are currently bring on eBay? >>
LC & C Sets.
The name is LEE!
<< <i>my feeling is, once the current wave of flippers are done flipping, prices will increase back into the $175 level >>
In this economy ..you all need a hail Mary pass
<< <i>You know, very smart people are grabbing these at $100!
However I am not because I am not that smart.
What was the Mint price ??
<< <i>Can we all finally agree that $400 by Thanksgiving is out of the question?
Nothing goes straight up. If it does go to $400 by thanksgiving there will probably be some slow times. --Jerry
<< <i>
<< <i>Can we all finally agree that $400 by Thanksgiving is out of the question?
Nothing goes straight up. If it does go to $400 by thanksgiving there will probably be some slow times. --Jerry >>
The 2006 ASE Anniversary set went straight up and up and up......
Collector of Early 20th Century U.S. Coinage.
ANA Member R-3147111
In that respect, it is my belief that "The Flip" is an important part of establishing "price guides". So, as much as moderns suck for some... they're part of the heartbeat of "the greatest hobby".
$55 + shipping
<< <i>Considering there are only 50,000, it's likely 15% will be slabbed, 40% will be put away, 25% will be sold/resold, and 20% will be given away (gifts for family , etc), and eventually re-enter the market.
In that respect, it is my belief that "The Flip" is an important part of establishing "price guides". So, as much as moderns suck for some... they're part of the heartbeat of "the greatest hobby". >>
Do I have to concede to the fact that flipping establishes a price guide..???
link-1
link-2
Sell-out occurs
pre-sales flippers get big bucks
once the items start getting received, prices go down as the ones who only bought to flip flood the market and don't care about the price as long as THEY get out
Some of the buyers are other, bigger, flippers....they buy up the cheap ones and start throttling the supply
Many times, once the initial, wimpy, flippers are out, the prices go back up as there are still those that didn't get what they wanted and there aren't as many on the market now
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
<< <i>This is how it's gone for awhile on new mint release flips....
Sell-out occurs
pre-sales flippers get big bucks
once the items start getting received, prices go down as the ones who only bought to flip flood the market and don't care about the price as long as THEY get out
Some of the buyers are other, bigger, flippers....they buy up the cheap ones and start throttling the supply
Many times, once the initial, wimpy, flippers are out, the prices go back up as there are still those that didn't get what they wanted and there aren't as many on the market now >>
Interesting. I have to agree this is pretty much what I observe too.
The flipping seems so pathetic at a certain level, tho'.
But i'm talking as someone who purchased a single set from the mint at $55 and intends to keep it. Perhaps that is the most pathetic of all.
It's in very nice packaging. (I think i'm getting even more pathetic now)
If I keep thinking along these lines, i'm going to start questioning coin collecting again.
Items for sale peaked at around 460 current auctions. Now there are around 260 and prices edging up slowly from around $115-120.
Open boxes fetching around $125-130 with sealed boxes around $140-150.
Way to early to predict these prices but I think they at the bottom and after Thanksgiving we will know much more.
Joe
<< <i>Looks like they are going back up! May want to hold these for a while.....
link-1
link-2 >>
These 2 must have been 10 day or longer auctions, where a buyer bids weeks ago. The last 5 auctions to close tonight averaged $122.
The set is currently completing leg 3 of it's U.S. East Coast Tour and was last seen in in Milford, CT 9 days ago as it makes it's way to Sacramento CA.
(an order placed in the first hour on 10/15)
Thank goodness I have Zhu Zhu's in hand.
edit spl.
"Inspiration exists, but it has to find you working" Pablo Picasso
right now the lowest BIN is $147.95 with shipping
<< <i>The set is currently completing leg 3 of it's U.S. East Coast Tour and was last seen in in Milford, CT 9 days ago as it makes it's way to Sacramento C >>
I like that it took 9 days to go from Northboro, MA to Northboro, MA .....Must be a huge building
<< <i>Did we hit $400 by Thanksgiving?
I need to check. I ended up just keeping mine (because I was too lazy to put it on Ebay or open up the time capsule in the shed and deposit it there).
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>Did we hit $400 by Thanksgiving?
Not for me, but I did sell my friends, opened, for $135 before shipping/PP fees, so he was happy.
I also talked to my son and we decided not to keep his (he shares his bday with Abe, so it would have been kind of cool) and are putting the funds into his college fund. Sold a week ago at a local show, to a dealer, for $155. No fees, no fuss, no muss. I was happy with that and so was he when I told him (he couldn't do the show because it was Grandpa's birthday and he had to go
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
100
peacockcoins