"Real" ASE 3-Coin Value?

Comments

• Hyperion Posts: 7,440 ✭✭✭

  October 24, 2006 2:09AM

  IMHO, profit margins are always a personal decision.
  
  make $50 on a $110 set ? that's a pretty good return, unless you dont need it, in which case you can afford to sit on them.
  
  myself ? I like to lock in a profit and move. that's why Ill never be SUPER RICH.
  
  
  

  My Ebay (None)

  0
• ABC123 Posts: 2,627

  October 24, 2006 2:36AM

  Sell now---second guess yourself, later !

  0
• Geoman Posts: 2,491 ✭✭✭

  October 24, 2006 2:42AM

  "... You never go broke selling for a profit..."

  0
• LALASD4 Posts: 3,602 ✭✭✭

  October 24, 2006 2:46AM

  Sell enough to recover your cost and play with the house's money.

  Coin Collector, Chicken Owner, Licensed Tax Preparer & Insurance Broker/Agent.
  San Diego, CA
  
  
  

  0
• 19Lyds Posts: 26,492 ✭✭✭✭

  October 24, 2006 3:21AM

  Sell your 10 and wait for the next 5 to come in. All paid for!
  
  I think these are going so hot on Ebay right now just because they still show a delivery date of 12/8 at the mints site right now. After all, why wait until then when you can have a set this week! I don't really think this fever will last much longer. Kinda like the Ben Franklins. You do remember those?

  I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.
  
  
  
  The name is LEE!

  0
• CoinGuy42 Posts: 307 ✭✭✭

  October 24, 2006 3:26AM

  I recommend holding on to them as I think they will only rise in valule over time, steadily, and then will "max out" in resale value. For example, look at the 2001 Buffalo silver dollar. I dont remember their original price from the Mint, but I think I remember they were about 35.00 per coin. The two coin set is now selling at about 400 per set (raw). And, I suspect they are about maxed out in value, or will rise modestly in resale value over time. So, I recommend you do the same with your 15 ASE sets. I too purchased 15, 10 from the Mint and 5 from a friend who ordered 10 and agreed to sell me 5 at cost. I am fotunate that I can afford to hold and wait. If you can afford to hold and wait, do so. LALASD4 also gave good advice, in that you could sell the amount you needed to recoup your original investment and hold the rest on "house" money, therefore, there would be no loss......and less of a chance for a large gain too. But again, I would not seek the quick turnaround for a mere 50 dollar profit per set. I think we all know these will be winners. I also base that statement that on the fact that I think they are sold out. Once the Mint begins shipping again, and confirms legitimate orders, they'll post that they are sold out. There are just too many people who have realized these will rise in value. I have said before and still feel that there will be many disappointed buyers who will be informed that these sold out before they could ship their order.
  
  So....I recommend you hold on my friend, wait and see.

  0