Incredible prices on Stacks LuLu collection of Top Walkers, blew PCGS Price Guide out of the water!

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  • fathom
    fathom Posts: 2,201 ✭✭✭✭✭
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    @Zoins said:
    There are reports that billionaires got 54% richer during pandemic and Laura has indicated more billionaires are buying coins. With a fixed amount of coins, what should we expect?

    The Morgan / Peace price jumps affect the market more than these big ticket trophy and condition rarity pieces.

    When the average Joe collector base increases that is an inflection point for overall coin values.

    That is more intriguing IMO.

  • trueblood
    trueblood Posts: 609 ✭✭✭✭
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    @Zoins said:
    There are reports that billionaires got 54% richer during pandemic and Laura has indicated more billionaires are buying coins. With a fixed amount of coins, what should we expect?

    How can you say "with a fixed amount of coins"? Every month a new load comes up for sale, it seems endless the amount of coins that are out there in the U.S., this isn't land by any stretch of the imagination.

  • MFeld
    MFeld Posts: 17,132 ✭✭✭✭✭
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    @trueblood said:

    @Zoins said:
    There are reports that billionaires got 54% richer during pandemic and Laura has indicated more billionaires are buying coins. With a fixed amount of coins, what should we expect?

    How can you say "with a fixed amount of coins"? Every month a new load comes up for sale, it seems endless the amount of coins that are out there in the U.S., this isn't land by any stretch of the imagination.

    Unless you’re counting modern coins, which are being produced currently or in the future, the supply is most certainly a fixed amount. It’s the availability which is constantly changing.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • nags
    nags Posts: 913 ✭✭✭✭
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    @MFeld said:

    @trueblood said:

    @Zoins said:
    There are reports that billionaires got 54% richer during pandemic and Laura has indicated more billionaires are buying coins. With a fixed amount of coins, what should we expect?

    How can you say "with a fixed amount of coins"? Every month a new load comes up for sale, it seems endless the amount of coins that are out there in the U.S., this isn't land by any stretch of the imagination.

    Unless you’re counting modern coins, which are being produced currently or in the future, the supply is most certainly a fixed amount. It’s the availability which is constantly changing.

    Has the number of top level sets being sold increased in the last year? By top level I mean sets with multiple top pop level coins? Some of the recent sales are the result of unfortunate life events, but are there others that are selling their sets sooner than planned as a result of the hot market opposed to the planned divesting?

    Seems like a better time to be selling top pop coins than to be buying them.

  • Rubicon
    Rubicon Posts: 201 ✭✭✭
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    @nags said:

    @MFeld said:

    @trueblood said:

    @Zoins said:
    There are reports that billionaires got 54% richer during pandemic and Laura has indicated more billionaires are buying coins. With a fixed amount of coins, what should we expect?

    How can you say "with a fixed amount of coins"? Every month a new load comes up for sale, it seems endless the amount of coins that are out there in the U.S., this isn't land by any stretch of the imagination.

    Unless you’re counting modern coins, which are being produced currently or in the future, the supply is most certainly a fixed amount. It’s the availability which is constantly changing.

    Has the number of top level sets being sold increased in the last year? By top level I mean sets with multiple top pop level coins? Some of the recent sales are the result of unfortunate life events, but are there others that are selling their sets sooner than planned as a result of the hot market opposed to the planned divesting?

    Seems like a better time to be selling top pop coins than to be buying them.

    Yes. Good point the bubble will burst

  • Gazes
    Gazes Posts: 2,315 ✭✭✭✭✭
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    @Rubicon said:

    @nags said:

    @MFeld said:

    @trueblood said:

    @Zoins said:
    There are reports that billionaires got 54% richer during pandemic and Laura has indicated more billionaires are buying coins. With a fixed amount of coins, what should we expect?

    How can you say "with a fixed amount of coins"? Every month a new load comes up for sale, it seems endless the amount of coins that are out there in the U.S., this isn't land by any stretch of the imagination.

    Unless you’re counting modern coins, which are being produced currently or in the future, the supply is most certainly a fixed amount. It’s the availability which is constantly changing.

    Has the number of top level sets being sold increased in the last year? By top level I mean sets with multiple top pop level coins? Some of the recent sales are the result of unfortunate life events, but are there others that are selling their sets sooner than planned as a result of the hot market opposed to the planned divesting?

    Seems like a better time to be selling top pop coins than to be buying them.

    Yes. Good point the bubble will burst

    You really seem to be rooting against coins.

  • jmlanzaf
    jmlanzaf Posts: 43,047 ✭✭✭✭✭
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    @Rubicon said:

    @nags said:

    @MFeld said:

    @trueblood said:

    @Zoins said:
    There are reports that billionaires got 54% richer during pandemic and Laura has indicated more billionaires are buying coins. With a fixed amount of coins, what should we expect?

    How can you say "with a fixed amount of coins"? Every month a new load comes up for sale, it seems endless the amount of coins that are out there in the U.S., this isn't land by any stretch of the imagination.

    Unless you’re counting modern coins, which are being produced currently or in the future, the supply is most certainly a fixed amount. It’s the availability which is constantly changing.

    Has the number of top level sets being sold increased in the last year? By top level I mean sets with multiple top pop level coins? Some of the recent sales are the result of unfortunate life events, but are there others that are selling their sets sooner than planned as a result of the hot market opposed to the planned divesting?

    Seems like a better time to be selling top pop coins than to be buying them.

    Yes. Good point the bubble will burst

    Maybe. Or not. You never know whether it's a bubble UNLESS it bursts.

    It's also worth pointing out that bubbles can deflate in price or time. No reason the price ever has to drop.

    Divesting of major collections are always uneven. You might not see any of these coins for 25 years.

    Could you check your crystal ball and let me know if Cassie and I end up living happily ever after? Thank you in advance.

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • Rubicon
    Rubicon Posts: 201 ✭✭✭
    edited June 17, 2021 11:39PM
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    @jmlanzaf said:

    @Rubicon said:

    @nags said:

    @MFeld said:

    @trueblood said:

    @Zoins said:
    There are reports that billionaires got 54% richer during pandemic and Laura has indicated more billionaires are buying coins. With a fixed amount of coins, what should we expect?

    How can you say "with a fixed amount of coins"? Every month a new load comes up for sale, it seems endless the amount of coins that are out there in the U.S., this isn't land by any stretch of the imagination.

    Unless you’re counting modern coins, which are being produced currently or in the future, the supply is most certainly a fixed amount. It’s the availability which is constantly changing.

    Has the number of top level sets being sold increased in the last year? By top level I mean sets with multiple top pop level coins? Some of the recent sales are the result of unfortunate life events, but are there others that are selling their sets sooner than planned as a result of the hot market opposed to the planned divesting?

    Seems like a better time to be selling top pop coins than to be buying them.

    Yes. Good point the bubble will burst

    Maybe. Or not. You never know whether it's a bubble UNLESS it bursts.

    It's also worth pointing out that bubbles can deflate in price or time. No reason the price ever has to drop.

    Divesting of major collections are always uneven. You might not see any of these coins for 25 years.

    Could you check your crystal ball and let me know if Cassie and I end up living happily ever after? Thank you in advance.

    I don’t have any confidence at all in ubercommon coins in uberuncommon grades holding these crazy prices.

  • jmlanzaf
    jmlanzaf Posts: 43,047 ✭✭✭✭✭
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    @Rubicon said:

    @jmlanzaf said:

    @Rubicon said:

    @nags said:

    @MFeld said:

    @trueblood said:

    @Zoins said:
    There are reports that billionaires got 54% richer during pandemic and Laura has indicated more billionaires are buying coins. With a fixed amount of coins, what should we expect?

    How can you say "with a fixed amount of coins"? Every month a new load comes up for sale, it seems endless the amount of coins that are out there in the U.S., this isn't land by any stretch of the imagination.

    Unless you’re counting modern coins, which are being produced currently or in the future, the supply is most certainly a fixed amount. It’s the availability which is constantly changing.

    Has the number of top level sets being sold increased in the last year? By top level I mean sets with multiple top pop level coins? Some of the recent sales are the result of unfortunate life events, but are there others that are selling their sets sooner than planned as a result of the hot market opposed to the planned divesting?

    Seems like a better time to be selling top pop coins than to be buying them.

    Yes. Good point the bubble will burst

    Maybe. Or not. You never know whether it's a bubble UNLESS it bursts.

    It's also worth pointing out that bubbles can deflate in price or time. No reason the price ever has to drop.

    Divesting of major collections are always uneven. You might not see any of these coins for 25 years.

    Could you check your crystal ball and let me know if Cassie and I end up living happily ever after? Thank you in advance.

    I don’t have any confidence at all in ubercommon coins in uberuncommon grades holding these crazy prices.

    Many people, including myself, said this TWENTY years ago. Yet, here we are.

    I think 16-D dimes and SVDB cents are horribly overpriced. Yet, here we are.

    The Market needs to be respected.

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • Barberian
    Barberian Posts: 4,643 ✭✭✭✭✭
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    @Floridafacelifter said:
    I liked the 1941 in the sale better than the 1943, even though it didn’t have a CAC sticker- and it sold for “only” $50,400

    Beautiful 1841! Am I seeing doubling of "IGWT" on this coin?

  • Rubicon
    Rubicon Posts: 201 ✭✭✭
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    @Barberian said:

    @Floridafacelifter said:
    I liked the 1941 in the sale better than the 1943, even though it didn’t have a CAC sticker- and it sold for “only” $50,400

    Beautiful 1841! Am I seeing doubling of "IGWT" on this coin?

    True view images a distortion of reality. Beautiful amazing coin but not the incredible look of photo posted of the coin outside the actual pcgs holder. True view images juiced up to inflate the coins price for bidders.

  • Barberian
    Barberian Posts: 4,643 ✭✭✭✭✭
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    @Rubicon said:

    @Barberian said:

    @Floridafacelifter said:
    I liked the 1941 in the sale better than the 1943, even though it didn’t have a CAC sticker- and it sold for “only” $50,400

    Beautiful 1841! Am I seeing doubling of "IGWT" on this coin?

    True view images a distortion of reality. Beautiful amazing coin but not the incredible look of photo posted of the coin outside the actual pcgs holder. True view images juiced up to inflate the coins price for bidders.

    I realize that after seeing TrueViews of coins and then seeing the coins in hand. TrueViews are glamor shots for owners that hide flaws such as hairlines and light surface abrasion. I didn't realize that the plastic in holders would create such a distortion. I also thought most TrueViews were shot outside of their eventual PCGS holder.

  • MFeld
    MFeld Posts: 17,132 ✭✭✭✭✭
    edited July 5, 2021 3:44AM
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    @Barberian said:

    @Rubicon said:

    @Barberian said:

    @Floridafacelifter said:
    I liked the 1941 in the sale better than the 1943, even though it didn’t have a CAC sticker- and it sold for “only” $50,400

    Beautiful 1841! Am I seeing doubling of "IGWT" on this coin?

    True view images a distortion of reality. Beautiful amazing coin but not the incredible look of photo posted of the coin outside the actual pcgs holder. True view images juiced up to inflate the coins price for bidders.

    I realize that after seeing TrueViews of coins and then seeing the coins in hand. TrueViews are glamor shots for owners that hide flaws such as hairlines and light surface abrasion. I didn't realize that the plastic in holders would create such a distortion. I also thought most TrueViews were shot outside of their eventual PCGS holder.

    As far as I know, Rubicon has not seen the coin in hand. And TrueViews are typically shot out of the holder.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • planetsteve
    planetsteve Posts: 1,425 ✭✭✭✭
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    TrueViews are often glamorous but, just to be clear, I don't believe for a second that PCGS takes the time to "juice" them. It's certainly possible a seller can take the TV, edit it and pass it on, but the original will always be online at PCGS.

  • CoinJunkie
    CoinJunkie Posts: 8,772 ✭✭✭✭✭
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    @MFeld said:

    @trueblood said:

    @Zoins said:
    There are reports that billionaires got 54% richer during pandemic and Laura has indicated more billionaires are buying coins. With a fixed amount of coins, what should we expect?

    How can you say "with a fixed amount of coins"? Every month a new load comes up for sale, it seems endless the amount of coins that are out there in the U.S., this isn't land by any stretch of the imagination.

    Unless you’re counting modern coins, which are being produced currently or in the future, the supply is most certainly a fixed amount. It’s the availability which is constantly changing.

    The supply of slabbed coins is by no means fixed.

  • Zoins
    Zoins Posts: 34,489 ✭✭✭✭✭
    edited July 18, 2021 12:24AM
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    @planetsteve said:
    TrueViews are often glamorous but, just to be clear, I don't believe for a second that PCGS takes the time to "juice" them.

    Agreed. Many TrueViews I have are spot on. Not all, but that’s the nature of photography and different coins take different approaches to get them to look like they do in hands

    It's certainly possible a seller can take the TV, edit it and pass it on, but the original will always be online at PCGS.

    Also agreed. We’ve seen high end dealers do this for versions posted on their own websites and the PCGS Registry.

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