US Mint tries to Sneak a Few In - Last 2 - 2014 First Spouses
FullStrike
Posts: 4,353 ✭✭✭
Well looks like the last 2 have finally been scheduled. But does anyone even care? Of course we know the 1st Strike
flippers do.
8-14-14 - Lou Hoover
9-4-14 - Anna Eleanor Roosevelt
Don't buy from the flippers and sales might go below 500 which is probably where true demand is on these puppies.
flippers do.
8-14-14 - Lou Hoover
9-4-14 - Anna Eleanor Roosevelt
Don't buy from the flippers and sales might go below 500 which is probably where true demand is on these puppies.
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Comments
<< <i>Well looks like the last 2 have finally been scheduled. But does anyone even care? Of course we know the 1st Strike
flippers do.
8-14-14 - Lou Hoover
9-4-14 - Anna Eleanor Roosevelt
Don't buy from the flippers and sales might go below 500 which is probably where true demand is on these puppies.
Again, there would be no flippers if there were not purchasers.
This isn't the stock market with market makers.
<< <i>
<< <i>Well looks like the last 2 have finally been scheduled. But does anyone even care? Of course we know the 1st Strike
flippers do.
8-14-14 - Lou Hoover
9-4-14 - Anna Eleanor Roosevelt
Don't buy from the flippers and sales might go below 500 which is probably where true demand is on these puppies.
Again, there would be no flippers if there were not purchasers.
This isn't the stock market with market makers. >>
I disagree....the flippers are the market makers of the current issues by the Mint. If it weren't for the "flippers" most modern mint products would remain stagnant after the initial issue instead of becoming stagnant after 3 - 6 month.
In a market making universe, they could flip but beyond that wouldn't be anywhere near buying from anyone afterwards.
<< <i>But the flippers would not flip without demand to sell into
In a market making universe, they could flip but beyond that wouldn't be anywhere near buying from anyone afterwards. >>
And that's not true with any asset, whether it's stocks or whatever? The flippers supply the demand for a short period of time, just like in the stock market, but if there are no buyers, the price will drop.
You need to ask yourself, would you buy a stock or coin, w/o an eye on the possibility of appreciation in value? I most certainly would not.
hence the steady decline in production numbers.
I say let them go as low as the slow market demands. These Spouses are dead. Llet them rest in peace.
limit the purchase to 2 coins per customer , and NO YN's allowed please. All of a sudden these have gotten a jump
start, without anyone really knowing why
What happened ?