Your coin is the anomaly for the classic commemorative series. While there are exceptions, unless the coin is stupendously toned, the market is very weak in this area in my experience. Even though the retail price guides and Grey Sheet bid levels have fluctuated very little, the coins are selling at a greater percentage below those prices than they were selling just a couple of years ago.
I started collecting Classic Commemoratives at the FUN Show of 1998. Sadly, the prices now are almost the same as back in 1998, meaning after inflation I lost money.
I collect Capped Bust series by variety in PCGS AU/MS grades.
Post your coin at the new price on the BST and see if you get a hit, thats the better indication if the price guide is a real reflection of current market value. Not knocking the coin as its nice, but I suspect the price guide price is just a price. market for commems unless excpetional seems soft to me.
<< <i>Post your coin at the new price on the BST and see if you get a hit, thats the better indication if the price guide is a real reflection of current market value. Not knocking the coin as its nice, but I suspect the price guide price is just a price. market for commems unless excpetional seems soft to me. >>
While I agree with the above, there most be some data points that justify the rise in price in the price guides. It certainly is not a random or thoughtless change.
<< <i>I started collecting Classic Commemoratives at the FUN Show of 1998. Sadly, the prices now are almost the same as back in 1998, meaning after inflation I lost money. >>
You have actually done well. I started my set about the same time you started yours.
I went through my set with the Gray Sheet prices and got sick. My old commemorative sets are way down, especially the gold dollars in recent months. About the only ones that stayed the same or went up a little were the more common pieces, worth less than $100, in collector grades like MS-63. I know that these coins were saved, and there is nothing rare about them, but some of these prices are starting to look ridiculous.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
<< <i>Post your coin at the new price on the BST and see if you get a hit, thats the better indication if the price guide is a real reflection of current market value. Not knocking the coin as its nice, but I suspect the price guide price is just a price. market for commems unless excpetional seems soft to me. >>
While I agree with the above, there most be some data points that justify the rise in price in the price guides. It certainly is not a random or thoughtless change. >>
Makes sense to me.
BTW, this Price History Chart is awesome. First time I ever used it was in this thread! Another very nice tool from PCGS!
BTW, check out these 5 commems on the chart.......move your mouse to July 1989.......the prices were past the moon!!!! Is this correct??
Yes there was a huge speculative bubble in the coin market in 1989 and many commems now sell for a small fraction of their prices back then. This is the time to put together a set as the downside seems to be minimal with prices flat or falling for the past several years.
Comments
I hope commems will hold off on their comeback until after I get my set built, but if they don't that is fine.
Unfortunately, I don't have one yet. Not to say I haven't been looking though.
peacockcoins
I like your analysis!
100% Positive BST transactions
<< <i>Post your coin at the new price on the BST and see if you get a hit, thats the better indication if the price guide is a real reflection of current market value. Not knocking the coin as its nice, but I suspect the price guide price is just a price. market for commems unless excpetional seems soft to me. >>
While I agree with the above, there most be some data points that justify the rise in price in the price guides. It certainly is not a random or thoughtless change.
<< <i>I started collecting Classic Commemoratives at the FUN Show of 1998. Sadly, the prices now are almost the same as back in 1998, meaning after inflation I lost money. >>
You have actually done well. I started my set about the same time you started yours.
I went through my set with the Gray Sheet prices and got sick.
<< <i>
<< <i>Post your coin at the new price on the BST and see if you get a hit, thats the better indication if the price guide is a real reflection of current market value. Not knocking the coin as its nice, but I suspect the price guide price is just a price. market for commems unless excpetional seems soft to me. >>
While I agree with the above, there most be some data points that justify the rise in price in the price guides. It certainly is not a random or thoughtless change. >>
Makes sense to me.
BTW, this Price History Chart is awesome.
First time I ever used it was in this thread!
Another very nice tool from PCGS!
BTW, check out these 5 commems on the chart.......move your mouse to July 1989.......the prices were past the moon!!!! Is this correct??
Chart Compare
This is the time to put together a set as the downside seems to be minimal with prices flat or falling for the past several years.
Commems and Early Type