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I guess it is all about demand

PCGS 70 DCAM Presidential Proof Set
A few other auctions are in the 2-3 grand area right now. Probably two million will be minted. I know these are not easy to get in 70 but these prices seem to be holding for now. At least with the 2006 W Plats MS you have some bullion backing them up and only 4200 minted in the $100 ounce MS and right now no one wants them.

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    ONETHREEONETHREE Posts: 1,126
    That is insane. IMHO.
    "It's not that the Irish are cynical. It's simply that they have a wonderful lack of respect for everything and everybody." - Brendan Behan


    Proud Participant in Operation "Stone Holey" August 7, 2008
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    DoogyDoogy Posts: 4,508
    a fool and their money............

    it will be interesting to see where the price goes when PCGS and NGC starts churning out the 70s in an attempt to get submission levels up.
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    ziggy29ziggy29 Posts: 18,669 ✭✭✭
    So that's what John Maben's up to these days... image
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    DoogyDoogy Posts: 4,508


    << <i>So that's what John Maben's up to these days... image >>




    sucking up to Meg's henchmen image
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    DoogyDoogy Posts: 4,508
    that set was probably purchased by a mortgage company, home builder or hedge fund manager. they seem to have their eye out for wise investments!
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    CladiatorCladiator Posts: 18,343 ✭✭✭✭✭
    I wonder if the buyer will sign up here in a year or so when their coins have milk spots on them and ask if there is anything they can do to save their "investment".
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    pf70collectorpf70collector Posts: 6,840 ✭✭✭
    As much as I like 70's, yes those are insane prices.
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    MacCrimmonMacCrimmon Posts: 7,058 ✭✭✭


    << <i>I wonder if the buyer will sign up here in a year or so when their coins have milk spots on them and ask if there is anything they can do to save their "investment". >>



    They can hook up with FortMyersDrew.image
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    rickoricko Posts: 98,724 ✭✭✭✭✭
    Absolutely ridiculous... Lost money there... and 41 bids... amazing. Cheers, RickO
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    57loaded57loaded Posts: 4,967 ✭✭✭
    i have seen low pops on PCGS 70's for these. even when the prices settle....it still may blow you away.

    69's are fine for me and this coin set.

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    fcfc Posts: 12,804 ✭✭✭
    god i hope each one of those is an Oz of gold :-|

    lol
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    NumisOxideNumisOxide Posts: 11,036 ✭✭✭✭✭
    image

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