<< <i>So how does this now affect the set or the presumption of a 'sell off'? >>
I don't see any sell off...the NM has not exactly put the "world on fire" when sold individually. J6P doesn't have the slightest clue & could care less.
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
The weak hand flippers will thin out. Its been over a month now and CC will need to be paid off. They don't care what they sell for as long as they make a profit.
<< <i>So how does this now affect the set or the presumption of a 'sell off'? >>
Doesn't change a thing. The flood of sets for sale will be done soon. I don't think there was any extra $$ in the sets because of speculation of a 3rd low mintage coin. The set still has two coins tied for #2 is ASE rarity. That's more than enough to drive demand.
This is essentially no news at all to me. I have not dropped my buy price $1 for sets from yesterday's buy price (where I bought quite a few sets from board members) and would love to buy more sealed sets today.
Please refer to my comments I posted not too long ago from Miles Standish (at PCGS) on the "big" 25th set thread. He really called that!
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
<< <i>Hi, Anyone want to guesstimate how many sets are broken up to sell the 2 keys............I noticed that some of the big sellers are doing that!.........That further dilutes the pool of full sets............ >>
Many of the individual coin purchases are to complete a set at a certain grade.
It's really not fair [or accurate] to follow the price of these sets day to day and then try to predict their ultimate long-term value. That's kinda like looking at a patient's EKG for 2 seconds and then predicting how long they're going to live [assuming it's not already a flatline]. People are currently dumping...and prices are declining [which is normal]. But that won't continue for much longer.
Based on the known numbers of collectors of the SAE series, taken in conjuntion with the low mintage of at least two and possibly three of the five coins contained within, this set will definitely be a long term winner. And if they're not, that would indicate that the entire hobby has gotten overheated and will similarly decline.
So unless you're really up against it, you should just put these away and tune out all the current static. They'll do just fine over time.
<< <i> People are dumping these sets just to make a quick buck but I can see this being another Godsend similar to the 2009 UHR.They were dumping the 2009 Gold UHR PCGS 1st Strike 69's on Ebay like hotcakes but if you go look at that coin now you're looking at $3,000 minimum.Remember, only 100,00 were minted(just like the 25th sae) so in 2 years you're looking at another sleeper,,Lesson is to not be the fool & dump for minimum as the real collectors buying these coins will be hoarding just like Iam >>
Two different CATS I believe.
The 25th Anniversary sets have gotten a MAJOR dissing and prices are the direct result BUT they've got an absolute 100,000 mintage figure.
The UHR's on the other hand were available for close to a year before going black and when the news came out that so many had been melted, it solidified the relative rarity of the piece.
Anybody know what the final amount sold was?
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.
<< <i>The weak hand flippers will thin out. Its been over a month now and CC will need to be paid off. They don't care what they sell for as long as they make a profit. >>
So you are calling those who sold their sealed boxes of 5 at $4300.00....$4100.00....$3800.00....$3500.00....$3400.00....etc. "weak"?? IMO they were the strong hands in that they made a very substantial profit in very short order. IMO the "weak" hands are those who have convinced themselves (and trying to convince others) that these 25th sets are the holy grail and continue to hold them as they fall in value nearly every day since the high on Nov. 17th, and are currently bringing far less than just a couple weeks ago with no guaranty they will ever recover from current levels.
<< <i>The weak hand flippers will thin out. Its been over a month now and CC will need to be paid off. They don't care what they sell for as long as they make a profit. >>
So you are calling those who sold their sealed boxes of 5 at $4300.00....$4100.00....$3800.00....$3500.00....$3400.00....etc. "weak"?? IMO they were the strong hands in that they made a very substantial profit in very short order. IMO the "weak" hands are those who have convinced themselves (and trying to convince others) that these 25th sets are the holy grail and continue to hold them as they fall in value nearly every day since the high on Nov. 17th, and are currently bringing far less than just a couple weeks ago with no guaranty they will ever recover from current levels. >>
<<So you are calling those who sold their sealed boxes of 5 at $4300.00....$4100.00....$3800.00....$3500.00....$3400.00....etc. "weak"?? IMO they were the strong hands in that they made a very substantial profit in very short order. IMO the "weak" hands are those who have convinced themselves (and trying to convince others) that these 25th sets are the holy grail and continue to hold them as they fall in value nearly every day since the high on Nov. 17th, and are currently bringing far less than just a couple weeks ago with no guaranty they will ever recover from current levels.>>
Can't speak to the motives of others, but if you bought them at $300/set...then quickly doubling, tripling or quadrupling your money is usually considered a win. And longer term, the math (no matter how you dice it), says that these will continue to be winners. Now will they eclipse their all-time high again any time soon, who knows? But that's why they call it speculating/gambling/collecting.
Agree. This is a more valid comparison while comparing the 25th anniversary set to the UHR Saint is an apples to oranges comparison. >>
Agreed . . . but I'll wager that there are multiples of ASE collectors compared to the collectors of these Saints, and the 25th sets have an even lower mintage than the UHRs sold.
The '06 sets had a mintage 2½ times the 25th sets and still, 5 years later, retail raw for 3x issue. Speaks a lot for the potential of these sets IMO . . .
HH
Need the following OBW rolls to complete my 46-64 Roosevelt roll set: 1947-P & D; 1948-D; 1949-P & S; 1950-D & S; and 1952-S. Any help locating any of these OBW rolls would be gratefully appreciated!
<< <i>The '06 sets had a mintage 2½ times the 25th sets and still, 5 years later, retail raw for 3x issue. Speaks a lot for the potential of these sets IMO . . .
HH >>
That would be $900 ~ about 12.5% more than the current selling price...
Seems to me like there is a lot of confusion about what constitutes "weak hands" and "strong hands". It has nothing to do with a person's thought process or sales strategy. It has to do with how deep a person's pockets are..... "weak hands" NEED to sell to cover and "strong hands" can wait as long as needed to attempt to sell at an opportune time. No NEED to sell.
John
John Maben
Pegasus Coin and Jewelry (Brick and Mortar)
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Call me what you want but I had a total of 20 sets 15 of which I broke up and 5 sold sealed. I made just over 12,000 and still have 23 of the "3" basic coins to play with... So am I the weak or strong hand in some of your eyes???? PS that does not include the 15 boxes I had left to sell which I sold 5 between 40 and 50 bucks each
<< <i>Seems to me like there is a lot of confusion about what constitutes "weak hands" and "strong hands". It has nothing to do with a person's thought process or sales strategy. It has to do with how deep a person's pockets are..... "weak hands" NEED to sell to cover and "strong hands" can wait as long as needed to attempt to sell at an opportune time. No NEED to sell.
John >>
Selling now is not necessarily weak hands. Selling now to pay your CC is weak hands. HAVING THE ABILITY TO HOLD but deciding the money last month maybe the top and selling then ....Sure looks like Smart hands. I'd rather have smart hands than strong hands.
<< <i>Call me what you want but I had a total of 20 sets 15 of which I broke up and 5 sold sealed. I made just over 12,000 and still have 23 of the "3" basic coins to play with... So am I the weak or strong hand in some of your eyes???? PS that does not include the 15 boxes I had left to sell which I sold 5 between 40 and 50 bucks each >>
I'd call you smart. Profits are great and we live in a land of opportunity. More Americans should strive for this success in ANY endeavor.
We could be friends if you sell me a set below market price But even if you don't, I'm proud to call you neighbor.
<< <i>PS that does not include the 15 boxes I had left to sell which I sold 5 between 40 and 50 bucks each >>
Really? Where did you sell them ... I don't see a completed auction on eBay over $40, but most are in the $25 - $30 range with free shipping. What's your secret disposal place?
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
<< <i>Seems to me like there is a lot of confusion about what constitutes "weak hands" and "strong hands". It has nothing to do with a person's thought process or sales strategy. It has to do with how deep a person's pockets are..... "weak hands" NEED to sell to cover and "strong hands" can wait as long as needed to attempt to sell at an opportune time. No NEED to sell.
John >>
Selling now is not necessarily weak hands. Selling now to pay your CC is weak hands. HAVING THE ABILITY TO HOLD but deciding the money last month maybe the top and selling then ....Sure looks like Smart hands. I'd rather have smart hands than strong hands. >>
I never said or meant to imply that selling now indicates "weak hands". I said selling because you have no other choice indicates weak hands. I bought NGC 70 sets for $1185 today and PCGS Mercanti 70 sets for $1210 IN QUANTITY. And if I told you guys the dealer that sold them to me you guys would be shocked but I won't do that. Let me just say that they are the furthest thing from "weak hands" that you could imagine. It was a business decision for them. I was a happy buyer at those levels.
John
John Maben
Pegasus Coin and Jewelry (Brick and Mortar)
ANA LM, PNG, APMD, FUN, Etc
800-381-2646
<< <i>"PCGS Mercanti 70 sets for $1210 IN QUANTITY"
Perhaps not "weak" hands, but (IMHO) quite ill-informed hands?
Happy early Christmas to you John!
Wondercoin >>
PM me if you wish to buy some Mitch. I'm not greedy. 15% more, they are yours. Happy holidays to you as well. It's bargain hunting time, and there are bargains to be had. These sets will recover. The two keys are very important modern coins.
John
John Maben
Pegasus Coin and Jewelry (Brick and Mortar)
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I like the 11-S $1000 coin all day long in 70 come 6 months from now. RP $800. I hate making predictions but I guess i just did..... what you are seeing now is sheer stupidity.
John
John Maben
Pegasus Coin and Jewelry (Brick and Mortar)
ANA LM, PNG, APMD, FUN, Etc
800-381-2646
Thanks for the offer John! I will follow up with you on it offline to discuss further.
Your website asking price of $1,999/set for the Mercanti 70's clearly takes into account (I assume) the significance of the (2) key coins in that set, as it should in my view. And, I also believe these sets will recover (and I have offered none for sale on open bid on ebay for some time now). So, why "strong hands" would be selling them for $1,210 is beyond me. But, what do I know. Your website asking price sure seems reasonable to me. And, perhaps the best support (to me at least) for the illogical $1,210 offering price out there in my humble opinion. But, as you said, it's "bargain hunting time".
Wondercoin
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
I just answered a PM to another member explaining that as long as we continue to sell sets at our prices I will only lower incrementally on the website. Anyone that wishes to buy quantity should contact me directly for better prices. Everytime we lower prices to follow the market and ebay we get a wave of calls from unhappy people that bought at higher prices. I explain that we don't control the market we follow it and we can't take losses for them any more than we would expect to share in profits.
John
John Maben
Pegasus Coin and Jewelry (Brick and Mortar)
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$1210? Holy cow! I would think these would be stronger heading into the holidays...seems like some poor business decisions going on to me. (And some very good ones in the case of MCM/Wonder...) I think it's time to go shopping. PCGS 70 sets of the 2006s are closing around $2500, though that may be biased at this time due to the attention on the 25ths.
Successful transactions with keepdachange, tizofthe, adriana, wondercoin
I think there are a lot of people that don't know anything about coins that got into ordering these sets. They probably feel like they have to sell because they can't hold onto these on a kiss and a promise.
Once those sellers are out of the picture the prices will probably go higher. I can't see the benefit of selling now when prices after fees are barely a double for raw sets.
Once the quick flips are gone and if the economy gets better then the next wave of buyers will be rolling in and prices will settle higher for years ahead. Most of these collectors probably didn't even hear the 5pc ASE freight train roar through. I took that approach on the 06's and piecemeal them out (still am) and did well churning 50 sets at 400+% net. Not an 800% top but good enough to establish an eBay base and gear up for another few years of casual selling of the 11's. it's a no lose situation. Lots of ways to play, pick one and document the vitals and apply to the next issue. For this issue its 'collector base' size as a primary factor. Not much need for hype at all. The non unique issues grade as 25th Anni maybe the really winners. I was still doing 95$ea on the 69DCAM just because the Anni label. I'm sure this will be the same.
FWIW... My philosophy in this case is the same as my favorite saying for my beloved Georgia Bulldogs football team...... Just wait till next year !!!Text
<<< I like the 11-S $1000 coin all day long in 70 come 6 months from now. RP $800 >>>
<<< Once those sellers are out of the picture the prices will probably go higher. >>>
<<< These coins are way to low now. I figure prices should start heading back up in a few months. >>>
<<< Unless the whole market for ASEs collapes, this set's price will bottom out soon based on relative valuation. >>>
<<< Once the quick flips are gone and if the economy gets better then the next wave of buyers will be rolling in and prices will settle higher for years ahead >>>
<<< These sets will recover. The two keys are very important modern coins. >>>
.........(1998) and just remember, there is really no limit to how high these dot.com stocks will go, (2005) and buy every piece of investment real estate you can get your hands on because real estate never loses its value.
Now that you mention it Dragon ... the only difference between these 25th Anniv 100,000 mintage coins and the 115,000 UHR's was that most folks were stating from the beginning back in 2009 that the UHR's were nothing more than bullion. Here, most are saying how wonderful the 25th Anniv coins are
The UHR's outperformed bullion by about 2:1 in the past couple years, give or take. Interesting ....
Wondercoin
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
<< <i>I think there are a lot of people that don't know anything about coins that got into ordering these sets. They probably feel like they have to sell because they can't hold onto these on a kiss and a promise.
Once those sellers are out of the picture the prices will probably go higher. I can't see the benefit of selling now when prices after fees are barely a double for raw sets. >>
I'd probably speak to this, but the batteries in my Crystal Ball are plumb wore out...
One thing's for sure...
one of you is bound to be right.
UBERCOINER
A Truth That's Told With Bad Intent Beats All The Lies You Can Invent
<< <i>The weak hand flippers will thin out. Its been over a month now and CC will need to be paid off. They don't care what they sell for as long as they make a profit. >>
So you are calling those who sold their sealed boxes of 5 at $4300.00....$4100.00....$3800.00....$3500.00....$3400.00....etc. "weak"?? IMO they were the strong hands in that they made a very substantial profit in very short order. IMO the "weak" hands are those who have convinced themselves (and trying to convince others) that these 25th sets are the holy grail and continue to hold them as they fall in value nearly every day since the high on Nov. 17th, and are currently bringing far less than just a couple weeks ago with no guaranty they will ever recover from current levels. >>
Personally I'd call those that sold at the levels you speak of something other than weak. Those that sold at $4500 can buy back in if they wish and still make money. That was pretty smart on their part. Those that are selling right now may not get that chance. As for me, I am what is termed as a very strong hand. I have $3700 in 7 sets that are currently being graded, grading fees included ( I don't have results yet) I can tell you right now that unless I can get at least $10,000 out of 6 of those sets, I will never sell and mine may not even hit the market then. I will sell some only when I feel it is foolish not to and that is certainly not now. I have no need to pay of a CC with the proceeds and will happily hold onto them for years if needed. I do think we will see the supply start to dry up by the end of the month and then the true desirability will begin to be revealed.
<< <i>When people compare the 2009 1 oz. gold UHR to now they somehow always fail to mention that gold spot in March of 2009 was right around 900.00 and has nearly doubled since to over 1700.00 which is the primary factor in those coins sharp rise from 2009 to now IMO. >>
Yes, gold increased, but if you compare the UHR vs. the 20th Anniversary reverse proof, you have a clear perspective that demand drove the prices higher.
Then 2009 UHR: $1100 2006 RP: $2,800
Now 2009 UHR: ~$2,800 2006 RP: $2,800
Demand softened on the RP and it has gone nowhere after most who wanted them in their collection were able to obtain them. Demand for the UHR continues to draw in a lot more people who really don't collect.
Kudos to the OP for getting this party started. There's a bridge somewhere between classics and moderns that several people cross with grace and style.
I like this place and it's good to see so many new posters on board.
<< <i>When people compare the 2009 1 oz. gold UHR to now they somehow always fail to mention that gold spot in March of 2009 was right around 900.00 and has nearly doubled since to over 1700.00 which is the primary factor in those coins sharp rise from 2009 to now IMO. >>
Yes, gold increased, but if you compare the UHR vs. the 20th Anniversary reverse proof, you have a clear perspective that demand drove the prices higher.
Then 2009 UHR: $1100 2006 RP: $2,800
Now 2009 UHR: ~$2,800 2006 RP: $2,800
Demand softened on the RP and it has gone nowhere after most who wanted them in their collection were able to obtain them. Demand for the UHR continues to draw in a lot more people who really don't collect. >>
2006 RP was $800 & not $2800 was part of a 3 coin set that sold for $2400 I will buy all the UHR's that you have for your Now price of $2800
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
Comments
<< <i>So how does this now affect the set or the presumption of a 'sell off'? >>
I don't see any sell off...the NM has not exactly put the "world on fire" when sold individually. J6P doesn't have the slightest clue & could care less.
Box of 20
<< <i>So how does this now affect the set or the presumption of a 'sell off'? >>
Doesn't change a thing. The flood of sets for sale will be done soon. I don't think there was any extra $$ in the sets because of speculation of a 3rd low mintage coin. The set still has two coins tied for #2 is ASE rarity. That's more than enough to drive demand.
Please refer to my comments I posted not too long ago from Miles Standish (at PCGS) on the "big" 25th set thread. He really called that!
<< <i>Hi, Anyone want to guesstimate how many sets are broken up to sell the 2 keys............I noticed that some of the big sellers are doing that!.........That further dilutes the pool of full sets............ >>
Many of the individual coin purchases are to complete a set at a certain grade.
Velocity, Not Valuation Defines A Bubble.
<< <i>So how does this now affect the set or the presumption of a 'sell off'? >>
Only affects those that hoarded the no mint marks in hopes of a variety label at a future date.
Velocity, Not Valuation Defines A Bubble.
Based on the known numbers of collectors of the SAE series, taken in conjuntion with the low mintage of at least two and possibly three of the five coins contained within, this set will definitely be a long term winner. And if they're not, that would indicate that the entire hobby has gotten overheated and will similarly decline.
So unless you're really up against it, you should just put these away and tune out all the current static. They'll do just fine over time.
<< <i>
Two different CATS I believe.
The 25th Anniversary sets have gotten a MAJOR dissing and prices are the direct result BUT they've got an absolute 100,000 mintage figure.
The UHR's on the other hand were available for close to a year before going black and when the news came out that so many had been melted, it solidified the relative rarity of the piece.
Anybody know what the final amount sold was?
The name is LEE!
Box of 20
<< <i>The weak hand flippers will thin out. Its been over a month now and CC will need to be paid off. They don't care what they sell for as long as they make a profit. >>
So you are calling those who sold their sealed boxes of 5 at $4300.00....$4100.00....$3800.00....$3500.00....$3400.00....etc. "weak"?? IMO they were the strong hands in that they made a very substantial profit in very short order. IMO the "weak" hands are those who have convinced themselves (and trying to convince others) that these 25th sets are the holy grail and continue to hold them as they fall in value nearly every day since the high on Nov. 17th, and are currently bringing far less than just a couple weeks ago with no guaranty they will ever recover from current levels.
<< <i>
<< <i>The weak hand flippers will thin out. Its been over a month now and CC will need to be paid off. They don't care what they sell for as long as they make a profit. >>
So you are calling those who sold their sealed boxes of 5 at $4300.00....$4100.00....$3800.00....$3500.00....$3400.00....etc. "weak"?? IMO they were the strong hands in that they made a very substantial profit in very short order. IMO the "weak" hands are those who have convinced themselves (and trying to convince others) that these 25th sets are the holy grail and continue to hold them as they fall in value nearly every day since the high on Nov. 17th, and are currently bringing far less than just a couple weeks ago with no guaranty they will ever recover from current levels. >>
The voice of reason surfaces.
Can't speak to the motives of others, but if you bought them at $300/set...then quickly doubling, tripling or quadrupling your money is usually considered a win. And longer term, the math (no matter how you dice it), says that these will continue to be winners. Now will they eclipse their all-time high again any time soon, who knows? But that's why they call it speculating/gambling/collecting.
<< <i>These will fall just like the 2006 sets. >>
I could only hope so since the 2006 sets fell to only 3 times the original purchase amounts. Boo Hoo
The name is LEE!
<< <i>
<< <i>These will fall just like the 2006 sets. >>
Agree. This is a more valid comparison while comparing the 25th anniversary set to the UHR Saint is an apples to oranges comparison. >>
Agreed . . . but I'll wager that there are multiples of ASE collectors compared to the collectors of these Saints, and the 25th sets have an even lower mintage than the UHRs sold.
The '06 sets had a mintage 2½ times the 25th sets and still, 5 years later, retail raw for 3x issue. Speaks a lot for the potential of these sets IMO . . .
HH
1947-P & D; 1948-D; 1949-P & S; 1950-D & S; and 1952-S.
Any help locating any of these OBW rolls would be gratefully appreciated!
<< <i>The '06 sets had a mintage 2½ times the 25th sets and still, 5 years later, retail raw for 3x issue. Speaks a lot for the potential of these sets IMO . . .
HH >>
That would be $900 ~ about 12.5% more than the current selling price...
John
John Maben
Pegasus Coin and Jewelry (Brick and Mortar)
ANA LM, PNG, APMD, FUN, Etc
800-381-2646
PS that does not include the 15 boxes I had left to sell which I sold 5 between 40 and 50 bucks each
2006-P Silver Eagle Reverse Proof PCGS PR69, Mintage 250K: around $215 on eBay.
2011-P Silver Eagle Reverse Proof PCGS PR69, Mintage 100K: around $325 on eBay.
Either the 2006-P is way overpriced or the 2011-P is way underpriced IMO.
<< <i>Seems to me like there is a lot of confusion about what constitutes "weak hands" and "strong hands". It has nothing to do with a person's thought process or sales strategy. It has to do with how deep a person's pockets are..... "weak hands" NEED to sell to cover and "strong hands" can wait as long as needed to attempt to sell at an opportune time. No NEED to sell.
John >>
Selling now is not necessarily weak hands. Selling now to pay your CC is weak hands. HAVING THE ABILITY TO HOLD but deciding the money last month maybe the top and selling then ....Sure looks like Smart hands. I'd rather have smart hands than strong hands.
<< <i>Call me what you want but I had a total of 20 sets 15 of which I broke up and 5 sold sealed. I made just over 12,000 and still have 23 of the "3" basic coins to play with... So am I the weak or strong hand in some of your eyes????
PS that does not include the 15 boxes I had left to sell which I sold 5 between 40 and 50 bucks each >>
I'd call you smart. Profits are great and we live in a land of opportunity. More Americans should strive for this success in ANY endeavor.
We could be friends if you sell me a set below market price
``https://ebay.us/m/KxolR5
<< <i>PS that does not include the 15 boxes I had left to sell which I sold 5 between 40 and 50 bucks each >>
Really? Where did you sell them ... I don't see a completed auction on eBay over $40, but most are in the $25 - $30 range with free shipping. What's your secret disposal place?
<< <i>
<< <i>Seems to me like there is a lot of confusion about what constitutes "weak hands" and "strong hands". It has nothing to do with a person's thought process or sales strategy. It has to do with how deep a person's pockets are..... "weak hands" NEED to sell to cover and "strong hands" can wait as long as needed to attempt to sell at an opportune time. No NEED to sell.
John >>
Selling now is not necessarily weak hands. Selling now to pay your CC is weak hands. HAVING THE ABILITY TO HOLD but deciding the money last month maybe the top and selling then ....Sure looks like Smart hands. I'd rather have smart hands than strong hands. >>
I never said or meant to imply that selling now indicates "weak hands". I said selling because you have no other choice indicates weak hands. I bought NGC 70 sets for $1185 today and PCGS Mercanti 70 sets for $1210 IN QUANTITY. And if I told you guys the dealer that sold them to me you guys would be shocked but I won't do that. Let me just say that they are the furthest thing from "weak hands" that you could imagine. It was a business decision for them. I was a happy buyer at those levels.
John
John Maben
Pegasus Coin and Jewelry (Brick and Mortar)
ANA LM, PNG, APMD, FUN, Etc
800-381-2646
Perhaps not "weak" hands, but (IMHO) quite ill-informed hands?
Happy early Christmas to you John!
Wondercoin
<< <i>"PCGS Mercanti 70 sets for $1210 IN QUANTITY"
Perhaps not "weak" hands, but (IMHO) quite ill-informed hands?
Happy early Christmas to you John!
Wondercoin
PM me if you wish to buy some Mitch. I'm not greedy. 15% more, they are yours. Happy holidays to you as well.
It's bargain hunting time, and there are bargains to be had. These sets will recover. The two keys are very important modern coins.
John
John Maben
Pegasus Coin and Jewelry (Brick and Mortar)
ANA LM, PNG, APMD, FUN, Etc
800-381-2646
<< <i>The two keys are very important modern coins.
John >>
So which one is better?
John
John Maben
Pegasus Coin and Jewelry (Brick and Mortar)
ANA LM, PNG, APMD, FUN, Etc
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<< <i>I like the 11-S
John >>
Your website asking price of $1,999/set for the Mercanti 70's clearly takes into account (I assume) the significance of the (2) key coins in that set, as it should in my view. And, I also believe these sets will recover (and I have offered none for sale on open bid on ebay for some time now). So, why "strong hands" would be selling them for $1,210 is beyond me. But, what do I know. Your website asking price sure seems reasonable to me. And, perhaps the best support (to me at least) for the illogical $1,210 offering price out there in my humble opinion. But, as you said, it's "bargain hunting time".
Wondercoin
I couldn't have said it better!!
Wondercoin
John
John Maben
Pegasus Coin and Jewelry (Brick and Mortar)
ANA LM, PNG, APMD, FUN, Etc
800-381-2646
<< <i>Around 115000 >>
So they went over their quota?
Once those sellers are out of the picture the prices will probably go higher. I can't see the benefit of selling now when prices after fees are barely a double for raw sets.
It basically comes down to the economy. People are desperate for money right now and need it now as the saying goes. This was
an opportunity for them to make some money quickly and they took advantage of it. There will be some comfortable Christmas's
this year because of these coins and others of us will do well in the long run that can afford to hold on to some. I sold enough to
cover the costs of all I have left and that was my goal. I do not object to others that could afford to buy and hold more than I
could. I in the past have always had mine graded but this time decided to hold mine raw even as most people were sending
them in for grading. Even people buying them now at these prices stand to make money if they hold them for a short while.
<< <i>
<< <i>The two keys are very important modern coins.
John >>
So which one is better? >>
I like the 2011-P reverse proof better because it is a one-of-a-kind type coin (Reverse proof with Type II reverse).
<<< Once those sellers are out of the picture the prices will probably go higher. >>>
<<< These coins are way to low now. I figure prices should start heading back up in a few months. >>>
<<< Unless the whole market for ASEs collapes, this set's price will bottom out soon based on relative valuation. >>>
<<< Once the quick flips are gone and if the economy gets better then the next wave of buyers will be rolling in and prices will settle higher for years ahead >>>
<<< These sets will recover. The two keys are very important modern coins. >>>
.........(1998) and just remember, there is really no limit to how high these dot.com stocks will go, (2005) and buy every piece of investment real estate you can get your hands on because real estate never loses its value.
The UHR's outperformed bullion by about 2:1 in the past couple years, give or take. Interesting ....
Wondercoin
<< <i>I think there are a lot of people that don't know anything about coins that got into ordering these sets. They probably feel like they have to sell because they can't hold onto these on a kiss and a promise.
Once those sellers are out of the picture the prices will probably go higher. I can't see the benefit of selling now when prices after fees are barely a double for raw sets. >>
I'd probably speak to this, but the batteries in my Crystal Ball are plumb wore out...
One thing's for sure...
one of you is bound to be right.
A Truth That's Told With Bad Intent
Beats All The Lies You Can Invent
<< <i>
<< <i>The weak hand flippers will thin out. Its been over a month now and CC will need to be paid off. They don't care what they sell for as long as they make a profit. >>
So you are calling those who sold their sealed boxes of 5 at $4300.00....$4100.00....$3800.00....$3500.00....$3400.00....etc. "weak"?? IMO they were the strong hands in that they made a very substantial profit in very short order. IMO the "weak" hands are those who have convinced themselves (and trying to convince others) that these 25th sets are the holy grail and continue to hold them as they fall in value nearly every day since the high on Nov. 17th, and are currently bringing far less than just a couple weeks ago with no guaranty they will ever recover from current levels. >>
Personally I'd call those that sold at the levels you speak of something other than weak. Those that sold at $4500 can buy back in if they wish and still make money. That was pretty smart on their part. Those that are selling right now may not get that chance. As for me, I am what is termed as a very strong hand. I have $3700 in 7 sets that are currently being graded, grading fees included ( I don't have results yet) I can tell you right now that unless I can get at least $10,000 out of 6 of those sets, I will never sell and mine may not even hit the market then. I will sell some only when I feel it is foolish not to and that is certainly not now. I have no need to pay of a CC with the proceeds and will happily hold onto them for years if needed. I do think we will see the supply start to dry up by the end of the month and then the true desirability will begin to be revealed.
<< <i>When people compare the 2009 1 oz. gold UHR to now they somehow always fail to mention that gold spot in March of 2009 was right around 900.00 and has nearly doubled since to over 1700.00 which is the primary factor in those coins sharp rise from 2009 to now IMO. >>
Yes, gold increased, but if you compare the UHR vs. the 20th Anniversary reverse proof, you have a clear perspective that demand drove the prices higher.
Then
2009 UHR: $1100
2006 RP: $2,800
Now
2009 UHR: ~$2,800
2006 RP: $2,800
Demand softened on the RP and it has gone nowhere after most who wanted them in their collection were able to obtain them. Demand for the UHR continues to draw in a lot more people who really don't collect.
I like this place and it's good to see so many new posters on board.
``https://ebay.us/m/KxolR5
<< <i>
<< <i>When people compare the 2009 1 oz. gold UHR to now they somehow always fail to mention that gold spot in March of 2009 was right around 900.00 and has nearly doubled since to over 1700.00 which is the primary factor in those coins sharp rise from 2009 to now IMO. >>
Yes, gold increased, but if you compare the UHR vs. the 20th Anniversary reverse proof, you have a clear perspective that demand drove the prices higher.
Then
2009 UHR: $1100
2006 RP: $2,800
Now
2009 UHR: ~$2,800
2006 RP: $2,800
Demand softened on the RP and it has gone nowhere after most who wanted them in their collection were able to obtain them. Demand for the UHR continues to draw in a lot more people who really don't collect. >>
2006 RP was $800 & not $2800 was part of a 3 coin set that sold for $2400
I will buy all the UHR's that you have for your Now price of $2800
The difference between the 2006 RP and the 2011 RP is 150,000 coins.
Yes everyone that wants one has a 2006 but what if 100,000 coins is not enough to meet the demands for the 2011's?
I see these and "S" coins going much higher once it all settles down.