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L & C sets bottoming out already?

WeissWeiss Posts: 9,938 ✭✭✭✭✭
in U.S. Coin Forum
Quick scan shows that sets have sold for $124 down to as little as $117 and even $107.55 on eBay within the last 48 hours, and those all appear to have multiple bids.

Are they up or down from here?
We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
--Severian the Lame

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    ddbirdddbird Posts: 3,168 ✭✭✭
    Down...but not much...I say they top out around 100
    image
    ">"    http://www.cashcrate.com/5663377"
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    TheopTheop Posts: 515
    Down.

    People were probably betting on special matte coins, as were present in past C&C sets. Since the coins aren't special --> Issue price or below.
    Dave - Durham, NC
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    CladiatorCladiator Posts: 17,928 ✭✭✭✭✭
    how much were they when bought direct from the mint?
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    krankykranky Posts: 8,709 ✭✭✭
    I think it's kind of early in the game to draw any conclusions.

    New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.

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    291fifth291fifth Posts: 24,067 ✭✭✭✭✭
    I expect to see a steady slide over the next few years. They may eventually sell for less than issue price.
    All glory is fleeting.
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    PlacidPlacid Posts: 11,301 ✭✭✭


    << <i>how much were they when bought direct from the mint? >>



    $90
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    Steve27Steve27 Posts: 13,274 ✭✭✭
    " how much were they when bought direct from the mint? " $90
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
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    Steve27Steve27 Posts: 13,274 ✭✭✭
    Do you think the mint will be able to sell these for $120:

    image
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
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    KeleragKelerag Posts: 241
    I think the pouches will sell out in less than 24 hours....IMOimage
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    LanLordLanLord Posts: 11,707 ✭✭✭✭✭


    << <i>Do you think the mint will be able to sell these for $120: image >>

    Not to me.
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    GATGAT Posts: 3,146 ✭
    Most of the sets sold and listed now on eBay are from specuators who were looking for a killing. I just received my 5 sets today that were ordered 15 1/2 hours after the sale opened on May 12th . After the specuators have sold out a true value will immerge.

    I woudn't touch the pouches at $128. Leather doesn't age very well. I know from having owned a couple of cars with leather seats and a camera. You should see what happened to the leather case of my Zeiss Ikon 35mm camera that I bought at Amsterdam Airport in 1964. In essence they are asking over $90 for the puuch which is ridicuous
    USAF vet 1951-59
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    fishcookerfishcooker Posts: 3,446 ✭✭

    True value? My 1961 proof set is still $8. image


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