<< <i>I would say without question that Presidential Dollars are NCLT. Probably less than 1% actually circulate and my guess would be that these coins will eventually (soon) have mintages relative to the collector population.
>>
I think the key is this: true NCLTs are not intended for circulation, whereas the Kennedy halves, pres. dollars, etc.....ARE intended (although their mintages are too large to guarantee that more than 25% ever will). when was the last time anyone saw an ASE in circulation??! who is moronic enough to spend a coin worth approx. 12 dollars for it's 1 dollar face value? The same goes for Spouse Gold, AGE and the platinum things.
BTW, a lot of Sac dollars are now in active circulation in Ecuador and other South American countries. The Treasure shipped them down there in huge bags as part of the US relief effort to those countries. >>
Late date Kennedy halves are not intended for circulation. I believe they are only sold by the Mint to collectors.
Good to know about Sackies circulating in Ecuador.
I bought extra sets, sold some for a profit. I'm sitting on my collection for free, so market swing don't matter to much, although I'd like them to always go up.
Talk to me in 10 or 20 years when I've forgotten what I have and I find these hidden in a box, then I look on ebay to see what they are worth. Hopefully thousands !!!!
NCLT's also include Morgan dollars, Saints, classic commems, etc. For the most part, none of these coins really circulated as money yet they were legal tender. Contrary to popular opinion, not all NCLT sell for bullion related prices. >>
While it's true that classic commems were not issued for circulation, where in the world did you get the idea that Morgan dollars never circulated. Where did all the hundreds of thousands of circulated Morgans that are offered for sale every day in grades ranging from ag to au come from? In the west they were preferred over paper dollars for obvious reasons and they saw heavy circulation. If Saints never circulated there would be none for sale in circulated condition. Dave W
David J Weygant Rare Coins website: www.djwcoin.com >>
Many of these coins wore out in sock drawers, slot machines, and poker games.
They did circulate out west to some extent but this certainly isn't where the bulk of them got their wear.
The king of American NCLT, the 1804 dollar, actually got beaten up and made to appear worn by the makers hoping to get them out of the mint. I suppose intentionally damaged and illegally made old coins are necessarily better than virtually perfect modern coins.
NCLT's also include Morgan dollars, Saints, classic commems, etc. For the most part, none of these coins really circulated as money yet they were legal tender. Contrary to popular opinion, not all NCLT sell for bullion related prices. >>
While it's true that classic commems were not issued for circulation, where in the world did you get the idea that Morgan dollars never circulated. Where did all the hundreds of thousands of circulated Morgans that are offered for sale every day in grades ranging from ag to au come from? In the west they were preferred over paper dollars for obvious reasons and they saw heavy circulation. If Saints never circulated there would be none for sale in circulated condition. Dave W >>
I think it's that many Morgans didn't circulate and many Morgans were never intended to circulate due the motivations of the people that passed the acts that authorized the coins. Morgans are the product of Congressional graft (Congressional pork by today's standards) coins. Not much different from Sacs today which are also partially motivated by politics. >>
The vast majority of Morgan dollars never circulated. Some circulated out west and some were used in casinos but the vast majority sat in banks and treasury vaults. Where do you think that GSA got those thousands of bags of uncirculated silver dollars that they sold to collectors in the 1960's? >>
The difference between Morgan dollars and the modern stuff is that Morgans were definitely minted for circulation. The public in the east and in the cities found them to be too cumbersome to handle and preferred the convenience of paper money. This is the reason they wound up in bank vaults. The same situation is true today. Congress wanted SBAS and Sackies to circulate but refused to do the one thing that would make it happen. That is eliminate the paper dollar. The ASES and other modern stuff is quite different. Since they contain $13 worth of silver and have a face value of $1 it is more than obvious that they were never meant to circulate. The same goes for the gold American Eagles with a $50 coin containing an ounce of gold. These are all created by the mint for the express purpose of raising revenue. The Mint sets the price which has nothing to do with the face value. This is really not much different than the products from the Franklin Mint As I pointed out earlier, up until 1964 when the silver was removed from our coinage I could go into any bank and trade a paper dollar (silver certificate)for a silver one. Dave W
David J Weygant Rare Coins website: www.djwcoin.com
I want to add two points here. To the people who are convinced that buying moderns is a waste of time, you need to understand that all coins were "modern" at one point and if you want to gather up a nice collection for yourself or grandkids to sell later, you need to buy moderns too in the hopes that they will become the rarities of the future. Some of you seem to think that it’s “cool” to turn your nose up at everything the mint is producing now just because they’re not pre-1900. To those who didn’t buy any 20th anniversary sets or missed out on flipping for a huge profit and are now speculating that these will drop in price to melt, yes there are 250,000 of them out there, but as many have said before how many of them are graded as 20th anniversary sets, and of those how many are held by collectors in multiples. These are so nice that one set wont do it for me – I have 10 that I’m keeping (i.e. collecting). So you don’t need 250,000 collectors to satisfy your argument of supply screwing demand.
Just bought a used truck today. Might drop one more set on the market but I figure I'll hold out till Christmas and see where prices are then on both sealed and graded sets. If the price still doesn't look like what I want it to then hold longer. Everything is going down on price right now and economy is spinning wildly trying to figure out which way to point. There will certainly be stability at some point in the future. Personally on a low budget I like to flip a coin now and then (its the only way I can afford new coins to play with lol). Wanted to start a registry set and getting rid of other coins with a profit is about the only way I can get a decent one (mod crap of course). Just my opinion nothing more, nothing less.
I'll see your bunny with a pancake on his head and raise you a Siamese cat with a miniature pumpkin on his head.
You wouldn't believe how long it took to get him to sit still for this.
<< <i>Moral of the story - Wait until 6 months after the product is released as opposed to buying immediately in the after-market >>
I think your story needs a different moral. Immediately after sellout, these sets were going for $170 on eBay. Now they are selling for $350. Hmmmmmm....
P.S. For those of you who think 250k is a lot...there were 500k of these made, and they are going for over $200 these days.
I heard they were making a French version of Medal of Honor. I wonder how many hotkeys it'll have for "surrender."
<< <i>Moral of the story - Wait until 6 months after the product is released as opposed to buying immediately in the after-market >>
I think your story needs a different moral. Immediately after sellout, these sets were going for $170 on eBay. Now they are selling for $350. Hmmmmmm....
P.S. For those of you who think 250k is a lot...there were 500k of these made, and they are going for over $200 these days. >>
Ok, your right. I must have been thinking of the first spouse.
Collector of Early 20th Century U.S. Coinage. ANA Member R-3147111
people...its summer....a lot people are on vacation...that's why the prices dropped a little...people keep saying because they are 250k sets out there...well guess what...2 months ago there were the same 250k out there and people were paying 600 bucks for it...then everybody thought it would be the peak and everyone started to flood ebay with their sets...just think back 2 months ago when sealed boxes were selling for 8k..how many people unloaded everything they had...there were sometimes at least 30 boxes available...that as well helped the price to drop..because there were a lot of sets and not many people to buy(summer). I think between NGC and PCGS there are around 50k sets graded so far... probably 60% opened their sets and will not qualify all 3 coins for the 20th anniversary label... and its not just the 20th anniv sets that has dropped...almost everything on ebay is selling at reduced price...look how many people on this board are complainin that their stuff are not sellin for much...and guess what..they aren't all moderns...there are plenty of pre 1900 coins not gettin what sellers expected they would get for it..
There will be a demand for them as I hold 13 sets...but if 25,000 held 10 sets tight, trust me, the price will rise!
And to top it...they are the lowest mintages of the series(RP and the UNC)....so these coins will not go down in value much...they have a lot of upward movement left in them.
The 1995 W 10th Anniversary was reviled by collectors. Look at it now. I will wait 10 years also. I bought 30 sets from the mint. Sold 6 graded 69 sets for $3200. My other 22 graded sets will be held long term. I have 0 risk in the sets I own now.
The mint has the technology to produce more and more perfect ms 70 coins and this technology should improve even further in years to come.
I think they are at that point. Its when the human element(mint employees) in creating these proof and ms coins is entered into the process that these are not prerfect. Weak strikes, hairlines, scratches, frost breaks all occur in this process. I believe that will always be the case. Unless the mint goes completely automated, and no human hands touch the coins.
Not true. If they go to 0 tomorrow then you will have lost what they are worth today. I think what you meant to say is that your cost basis is 0. This is much different than having no risk.
<< <i>The 1995 W 10th Anniversary was reviled by collectors. Look at it now. I will wait 10 years also. I bought 30 sets from the mint. Sold 6 graded 69 sets for $3200. My other 22 graded sets will be held long term. I have 0 risk in the sets I own now. >>
I believe the price to sell (1995 W 10th Anniversary) is now (or in the past few months) because the coin market has been in a long running up cycle. And who knows when that cycle will stop.
With the 1995 ASE's profit of $4,000 ($5000 - $999), I'd invest in the First Spouse coins, flip the FS coins, and use the proceed to buy Platinum Anniversary coins, and keep on flipping, buying, and flipping.
These coins are so nice I would hate to part with them. What is the opinion of what the 3-piece set graded all 69 by ICG is worth compaired to PCGS & NGC ???? I have 3 sets and am holding on.
I just completed 40 auctions. Some of the sales $$ fooled me but some of the coins I thought should go higher did not. I also had a lot of nice items that did not even get a bid. So I will wait a while to list the rest of what I have to sell. Meantime I can have time to perfect my camera picture taking ability so my items look good when listed.
I wouldn't pay more for a set graded by ICG then I would a nongraded set. Their grading of moderns has been all over the place and many collectors realize this thus dampening the demand for ICG graded moderns. In fact I wouldn't consider buying them unless I had them in hand.
IMO SAEs are very popular and there are at least 250,000 collectors out there for these. I have friends and coworkers who buy only the SAEs and have not a clue as to mintages or really anything of detail regarding these bullion issues. You can't deny the demand and popularity of the 1999 silver proof set and there were over 800,000 of those produced. So what if their MS counterparts circulate and these SAEs do not, that does not make the SAEs any less popular and you get both of them from the same source.
Also, don't underestimate the demand for raw sets with all the original OGP. As hard as it might be for some to believe, many people actually prefer their sets raw, and many more collectors out there don't know the difference between a TPG and a VAM and have never heard of Collectors Universe. There is a world beyond slabs.
With the economy where it is right now, in the toilet, and war, and an election year looming, and these sets are still selling for over three times issue, I'd say this series is doing just fine and is still very strong and will be for a very long time to come. The title of the OP is misleading.
Yes, there are plenty of SAE collectors out there, easily over 250,000, again, IMO. A quarter of a million is nothing.
<< <i>IMO SAEs are very popular and there are at least 250,000 collectors out there for these. I have friends and coworkers who buy only the SAEs and have not a clue as to mintages or really anything of detail regarding these bullion issues. You can't deny the demand and popularity of the 1999 silver proof set and there were over 800,000 of those produced. So what if their MS counterparts circulate and these SAEs do not, that does not make the SAEs any less popular and you get both of them from the same source.
Also, don't underestimate the demand for raw sets with all the original OGP. As hard as it might be for some to believe, many people actually prefer their sets raw, and many more collectors out there don't know the difference between a TPG and a VAM and have never heard of Collectors Universe. There is a world beyond slabs.
With the economy where it is right now, in the toilet, and war, and an election year looming, and these sets are still selling for over three times issue, I'd say this series is doing just fine and is still very strong and will be for a very long time to come. The title of the OP is misleading.
Yes, there are plenty of SAE collectors out there, easily over 250,000, again, IMO. A quarter of a million is nothing. >>
I do laugh at all the strong opinions by people on these. The haters that want to see them tank and give "facts" as to why that is happening. The other side is people arguing that it is a fluke and to buy buy buy.
I bought when they came out. I sold earlier and I sold some well. I didn't sell any at the $800/set raw/unopened. I stll have some (graded/raw/unopened). I am holding for awhile.
It would have been nice to see them go up and up, and there is a point at which I will finally sell, but, I haven't been afflicted with the milkspotting issue (on SAEs that I own, I have only seen 1 that went to, came from, PCGS that had a milkspot (graded PR68)) so I am not as worried as some are.
This is all funny though, as each side tries to convince the other. No one can stand people not collecting what they collect and must try to show how they are better than others
I am about 99% sure that these will be big winners still sealed going forward and we will see them sell for about 500.00 per set, and then after more time assuming the US Mint does not do this again and provide a lower mintage ASE, they will go higher.
I sold all my graded sets for a great profit at the last peak, even my PCGS FS 70. I am now buying a few raw sets for $350 to $400 that I have no intention of grading. I saw one of my graded coins turn milky and that was it for me. I'll take my chances on the raw.
These ASE sets haven't even been sold out for a year, yet and look at all the action they have already had so far.
Didn't Coinboy say that someone from New Jersey was dumping HUGE numbers of these sets on ebay every week? Just wait until these sets get more distributed on the open market.
These seem to go all over the place. I saw some unopened single and multi set boxes end anywhere from $450 - $625 avg per 3 coin set. I think some of it is catching the right buyer at the right time.
Mint issued coins for the most part are like an initial issue in the stock market.....1st...Run up in price 2d ..Price correction 3d ..Price stabilized 4th.. The cycle start all over again ( It may be a short cycle or one that lasts for years) I think we are in the middle of stage 3 for the 20th Anniv ASE's ..
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
the prices on these sets are climbing and will continue to climb into the holiday season.
larger players that appeared to be "dumping" sets have rattled the market enough to turn the last month and a half into a buyers market, even though some on these threads post accurate sales data, how much buying was done at lower levels?
you may see some well known sellers have re-priced thier BIN pricing much higher than current levels.
Comments
I'm keeping all my original sets.
As far as milking so far so good. Nothing to report after vacuum sealing them a year ago.
All 30 coins look blast, just like the day I received them.
How many intact ogp sets are left? Or does it really matter, maybe in the future?
<< <i>
<< <i>I would say without question that Presidential Dollars are NCLT. Probably less than 1% actually circulate and my guess would be that these coins will eventually (soon) have mintages relative to the collector population.
I think the key is this: true NCLTs are not intended for circulation, whereas the Kennedy halves, pres. dollars, etc.....ARE intended (although their mintages are too large to guarantee that more than 25% ever will). when was the last time anyone saw an ASE in circulation??! who is moronic enough to spend a coin worth approx. 12 dollars for it's 1 dollar face value? The same goes for Spouse Gold, AGE and the platinum things.
BTW, a lot of Sac dollars are now in active circulation in Ecuador and other South American countries. The Treasure shipped them down there in huge bags as part of the US relief effort to those countries. >>
Late date Kennedy halves are not intended for circulation. I believe they are only sold by the Mint to collectors.
Good to know about Sackies circulating in Ecuador.
<< <i>Milk spotting could also be a reason
Knock on wood, but none of my 5 sets have a spot on them!
Fred, Las Vegas, NV
I bought extra sets, sold some for a profit. I'm sitting on my collection for free, so market swing don't matter to much, although I'd like them to always go up.
Talk to me in 10 or 20 years when I've forgotten what I have and I find these hidden in a box, then I look on ebay to see what they are worth. Hopefully thousands !!!!
<< <i>
<< <i>
<< <i>Non Circulating Legal Tender? >>
NCLT's also include Morgan dollars, Saints, classic commems, etc. For the most part, none of these coins really circulated as money yet they were legal tender. Contrary to popular opinion, not all NCLT sell for bullion related prices. >>
While it's true that classic commems were not issued for circulation, where in the world did you get the idea that Morgan dollars never circulated. Where did all the hundreds of thousands of circulated Morgans that are offered for sale every day in grades ranging from ag to au come from? In the west they were preferred over paper dollars for obvious reasons and they saw heavy circulation. If Saints never circulated there would be none for sale in circulated condition. Dave W
David J Weygant Rare Coins website: www.djwcoin.com >>
Many of these coins wore out in sock drawers, slot machines, and poker games.
They did circulate out west to some extent but this certainly isn't where the bulk of them got their wear.
The king of American NCLT, the 1804 dollar, actually got beaten up and made to appear worn by the makers hoping to get them out of the mint. I suppose intentionally damaged and illegally made old coins are necessarily better than virtually perfect modern coins.
<< <i>
<< <i>
<< <i>
<< <i>
<< <i>Non Circulating Legal Tender? >>
NCLT's also include Morgan dollars, Saints, classic commems, etc. For the most part, none of these coins really circulated as money yet they were legal tender. Contrary to popular opinion, not all NCLT sell for bullion related prices. >>
While it's true that classic commems were not issued for circulation, where in the world did you get the idea that Morgan dollars never circulated. Where did all the hundreds of thousands of circulated Morgans that are offered for sale every day in grades ranging from ag to au come from? In the west they were preferred over paper dollars for obvious reasons and they saw heavy circulation. If Saints never circulated there would be none for sale in circulated condition. Dave W >>
I think it's that many Morgans didn't circulate and many Morgans were never intended to circulate due the motivations of the people that passed the acts that authorized the coins. Morgans are the product of Congressional graft (Congressional pork by today's standards) coins. Not much different from Sacs today which are also partially motivated by politics. >>
The vast majority of Morgan dollars never circulated. Some circulated out west and some were used in casinos but the vast majority sat in banks and treasury vaults. Where do you think that GSA got those thousands of bags of uncirculated silver dollars that they sold to collectors in the 1960's? >>
The difference between Morgan dollars and the modern stuff is that Morgans were definitely minted for circulation. The public in the east and in the cities found them to be too cumbersome to handle and preferred the convenience of paper money.
This is the reason they wound up in bank vaults. The same situation is true today. Congress wanted SBAS and Sackies to circulate but refused to do the one thing that would make it happen. That is eliminate the paper dollar.
The ASES and other modern stuff is quite different. Since they contain $13 worth of silver and have a face value of $1 it is more than obvious that they were never meant to circulate. The same goes for the gold American Eagles with a $50 coin containing an ounce of gold.
These are all created by the mint for the express purpose of raising revenue. The Mint sets the price which has nothing to do with the face value.
This is really not much different than the products from the Franklin Mint
As I pointed out earlier, up until 1964 when the silver was removed from our coinage I could go into any bank and trade a paper dollar (silver certificate)for a silver one. Dave W
David J Weygant Rare Coins website: www.djwcoin.com
True, because no one wanted the dam things.
<< <i>Morgans were definitely minted for circulation. >>
Some Morgans were minted for circulation, many were minted to line the pockets of the silver lobby.
<< <i>they will stabilise between 300 and 400
The Raw will, not graded. >>
Are there technical differences between raw and graded in this series?
I give away money. I collect money.
I don’t love money . I do love the Lord God.
<< <i>The Raw will, not graded. >>
Are there technical differences between raw and graded in this series? >>
The general views that anyone selling raw sets on eBay would not be selling you a PCGS 70 set.
To the people who are convinced that buying moderns is a waste of time, you need to understand that all coins were "modern" at one point and if you want to gather up a nice collection for yourself or grandkids to sell later, you need to buy moderns too in the hopes that they will become the rarities of the future. Some of you seem to think that it’s “cool” to turn your nose up at everything the mint is producing now just because they’re not pre-1900.
To those who didn’t buy any 20th anniversary sets or missed out on flipping for a huge profit and are now speculating that these will drop in price to melt, yes there are 250,000 of them out there, but as many have said before how many of them are graded as 20th anniversary sets, and of those how many are held by collectors in multiples. These are so nice that one set wont do it for me – I have 10 that I’m keeping (i.e. collecting). So you don’t need 250,000 collectors to satisfy your argument of supply screwing demand.
You wouldn't believe how long it took to get him to sit still for this.
<< <i>Moral of the story - Wait until 6 months after the product is released as opposed to buying immediately in the after-market >>
I think your story needs a different moral. Immediately after sellout, these sets were going for $170 on eBay. Now they are selling for $350. Hmmmmmm....
P.S. For those of you who think 250k is a lot...there were 500k of these made, and they are going for over $200 these days.
<< <i>
<< <i>Moral of the story - Wait until 6 months after the product is released as opposed to buying immediately in the after-market >>
I think your story needs a different moral. Immediately after sellout, these sets were going for $170 on eBay. Now they are selling for $350. Hmmmmmm....
P.S. For those of you who think 250k is a lot...there were 500k of these made, and they are going for over $200 these days. >>
Ok, your right. I must have been thinking of the first spouse
Collector of Early 20th Century U.S. Coinage.
ANA Member R-3147111
just my 0.2c
<< <i>
<< <i>price cant stay this low >>
Why? The lowest mintage in the set 250K. That's a heck of a lot of NCLT. >>
But what if you think there's more than 250k ASE collectors?
42/92
And to top it...they are the lowest mintages of the series(RP and the UNC)....so these coins will not go down in value much...they have a lot of upward movement left in them.
The mint has the technology to produce more and more perfect ms 70 coins and this technology should improve even further in years to come.
I think they are at that point. Its when the human element(mint employees) in creating these proof and ms coins is entered into the process that these are not prerfect. Weak strikes, hairlines, scratches, frost breaks all occur in this process. I believe that will always be the case. Unless the mint goes completely automated, and no human hands touch the coins.
Box of 20
Not true. If they go to 0 tomorrow then you will have lost what they are worth today. I think what you meant to say is that your cost basis is 0. This is much different than having no risk.
Knowledge is the enemy of fear
<< <i>The 1995 W 10th Anniversary was reviled by collectors. Look at it now. I will wait 10 years also. I bought 30 sets from the mint. Sold 6 graded 69 sets for $3200. My other 22 graded sets will be held long term. I have 0 risk in the sets I own now. >>
I believe the price to sell (1995 W 10th Anniversary) is now (or in the past few months) because the coin market has been in a long running up cycle. And who knows when that cycle will stop.
With the 1995 ASE's profit of $4,000 ($5000 - $999), I'd invest in the First Spouse coins, flip the FS coins, and use the proceed to buy Platinum Anniversary coins, and keep on flipping, buying, and flipping.
These coins are so nice I would hate to part with them. What is the opinion of what the 3-piece set graded all 69 by ICG is worth compaired to PCGS & NGC ????
I have 3 sets and am holding on.
I just completed 40 auctions. Some of the sales $$ fooled me but some of the coins I thought should go higher did not.
I also had a lot of nice items that did not even get a bid. So I will wait a while to list the rest of what I have to sell. Meantime I can have time to perfect my camera picture taking ability so my items look good when listed.
Also, don't underestimate the demand for raw sets with all the original OGP. As hard as it might be for some to believe, many people actually prefer their sets raw, and many more collectors out there don't know the difference between a TPG and a VAM and have never heard of Collectors Universe. There is a world beyond slabs.
With the economy where it is right now, in the toilet, and war, and an election year looming, and these sets are still selling for over three times issue, I'd say this series is doing just fine and is still very strong and will be for a very long time to come. The title of the OP is misleading.
Yes, there are plenty of SAE collectors out there, easily over 250,000, again, IMO. A quarter of a million is nothing.
<< <i>IMO SAEs are very popular and there are at least 250,000 collectors out there for these. I have friends and coworkers who buy only the SAEs and have not a clue as to mintages or really anything of detail regarding these bullion issues. You can't deny the demand and popularity of the 1999 silver proof set and there were over 800,000 of those produced. So what if their MS counterparts circulate and these SAEs do not, that does not make the SAEs any less popular and you get both of them from the same source.
Also, don't underestimate the demand for raw sets with all the original OGP. As hard as it might be for some to believe, many people actually prefer their sets raw, and many more collectors out there don't know the difference between a TPG and a VAM and have never heard of Collectors Universe. There is a world beyond slabs.
With the economy where it is right now, in the toilet, and war, and an election year looming, and these sets are still selling for over three times issue, I'd say this series is doing just fine and is still very strong and will be for a very long time to come. The title of the OP is misleading.
Yes, there are plenty of SAE collectors out there, easily over 250,000, again, IMO. A quarter of a million is nothing. >>
The Maddy Rae Collection
CURRENT BST OFFERINGS
The other side is people arguing that it is a fluke and to buy buy buy.
I bought when they came out. I sold earlier and I sold some well. I didn't sell any at the $800/set raw/unopened. I stll have some (graded/raw/unopened). I am holding for awhile.
It would have been nice to see them go up and up, and there is a point at which I will finally sell, but, I haven't been afflicted with the milkspotting issue (on SAEs that I own, I have only seen 1 that went to, came from, PCGS that had a milkspot (graded PR68)) so I am not as worried as some are.
This is all funny though, as each side tries to convince the other. No one can stand people not collecting what they collect and must try to show how they are better than others
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
does not seem to be effecting sealed sets
Didn't Coinboy say that someone from New Jersey was dumping HUGE numbers of these sets on ebay every week?
Just wait until these sets get more distributed on the open market.
PM if interested.
If summer is the reason these are falling, then why doesn't the whole coin market fall????
They are falling because the wholesale buyers that pushed the market up left. They are at solid levels at the moment.
Ike Specialist
Finest Toned Ike I've Ever Seen, been looking since 1986
While Ebay sucks on giving up past sales, the link is just the last 30 Days of 555 COMPLETED sales ONLY.
That is nearly 20 per Days SOLD.
Right now, Ed has 92 listings as of today, way down from a few weeks ago.
I bought some from him, had to return one auction, but Ed is absolutely one of the best on Ebay.
I was treated exceptionally well.
<< <i>If summer is the reason these are falling, then why doesn't the whole coin market fall???? >>
I don't personally know of the health of the coin market, but I have heard collectors of other series blame lower prices on Summer.
<< <i>not too low
does not seem to be effecting sealed sets
Did you notice he has a return on that auction. I'd hate to have it returned if the original(sealed) box was opened.
20th silver eagle set
"The Villain"
Shiba Rescue Organization
A Shiba Inu is a terrible thing to waste!
2d ..Price correction
3d ..Price stabilized
4th.. The cycle start all over again ( It may be a short cycle or one that lasts for years)
I think we are in the middle of stage 3 for the 20th Anniv ASE's ..
<< <i>For those who think there is room left, you can buy my 70/70/69 sets (20th anniversary, but not first strike) for $1100 per set
PM if interested.
If summer is the reason these are falling, then why doesn't the whole coin market fall????
They are falling because the wholesale buyers that pushed the market up left. They are at solid levels at the moment. >>
Have you thought about having the MS coins regraded since PCGS reenacted the 70 grades?
As far as my set I have no intentions of selling it so I don't really care what the market is.
larger players that appeared to be "dumping" sets have rattled the market enough to turn the last month and a half into a buyers market, even though some on these threads post accurate sales data, how much buying was done at lower levels?
you may see some well known sellers have re-priced thier BIN pricing much higher than current levels.
get them while you can at these levels.