Why are ASE sets going for $160 on ebay??

boatbldr · October 9, 2006 2:12AM

Don't these people know you can still get them for $100?? Insane!! I just upped my order to max.

itsnotjustme · October 9, 2006 2:49AM

To quote WC Fields....

A fool and his money are soon parted.

Or PT Barnum....

There is a sucker born every minute.

(I hope I have the references right...)

BigE · October 9, 2006 2:57AM

Maybe they are seeing them on QVC for more-------------BigE

TheCaveTroll · October 9, 2006 3:22AM

<< <i>Why are ASE sets going for $160 on ebay?? >>

because sheep, I mean people, are stupid

Jcarney · October 9, 2006 3:57AM

Perhaps these folks are a bit sharper than they're being given credit for. There is a 10 unit limit for these sets. If these people want more than the limit and have run out of other options i.e. ordering through family, friends etc., then Ebay is the only other way to obtain additional sets. If these set go ballistic after a sellout (which I believe is a distinct possibility), then paying $160 a set will look like a rip.

Dealers were paying $50-$70 for '99 silver proof sets while they were still available from the Mint because of the 5 set order limit. I think the same thing is happening here with the addition of even more speculators getting in on the act.

boatbldr · October 9, 2006 4:15AM

That's a valid point, and on further consideration, I think you may be right.

Jcarney · October 9, 2006 4:18AM

<< <i>That's a valid point, and on further consideration, I think you may be right. >>

I don't think you'll regret bumping your order limit to the max 10 sets. Well, unless the Mint releases the reverse proof as a single, that is.

Why are ASE sets going for $160 on ebay??

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