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Buchanan Liberty Sell Out Question
HIGHLOWLEAVES
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Your imput is welcome.... Assumming the Buchanan Liberty First Spousal Gold Coins are a 15,000 total sellout, how many days/weeks/months must it take to sellout for us knowledgeable collectors/Flippers to declare the issue to be a winner ? Early prices on Ebay do not necessarily spell future value for an issue. If the MS Buchanans come in as say 60% of the Proof mintage, is that a winner ? Your thoughts are weclomed. Thanks, Mark.
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And the money coin will be the PR70 DCAM FS.
A sellout of the Buchanan coin would definitively establish the Jackson/Van Buren coins, with total mintages around 12,000 each, as the keys to the "Liberty" short set. Under this circumstance, I would not expect the Buchanan coin to be a big "winner" for flippers, although some profit might be found for coins in the highest grades and First Strikes.
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So I wonder how strong of a following is there of the Liberties as a set?
only slightly more that ""typical, recent"" sales.
<< <i>IMO, it will not be a 15k issue. And it will sellout fast. Planchet limitations is my guess, anticipated demand, etc.
And the money coin will be the PR70 DCAM FS. >>
What happened? None of those predictions came to fruition. "It's time to toss out that broken crystal ball"
My guess ...collectors are tired of seeing rehashed older designs that just aren't any more popular now than they were 100 - 150 years ago.
Recent week's sales have been minimal.
There will be no short strike, nor will it reach the 15k mintage limit.
They will stay on sale until the 3rd release next year.
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Priorites, priorites.
I knew it would happen.
<< <i>Overdate: Luv the sigline >>
Thanks! I plan to update it periodically (at least until I run out of dimes).
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Mine still might: "My guess (and it is just that, a guess) is that the 15,000 issue limit will be reached before the coin goes off sale. If it is "short struck" and sells out quickly, additional coins will be struck before the end of 2010."
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<< <i>What are the pop reports for Buchanan? I haven't looked yet, but it will be no surprise if pf70 is low. >>
So far it's about 2 to 1 ... 69's to 70's for both MS & PR. with PCGS (probably the reverse holds true for NGC)
Buchanan Uncirculated 4,085 +16
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Buchanan’s Liberty Proof (2010) 6,494 122
Buchanan’s Liberty Uncirculated (2010) 4,142 57
Wow another 179 sold in the last 2 weeks. At this rate, It's gonna take another 50 weeks to sell out.
My Adolph A. Weinman signature