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2011 Anniversary sets prices stabilizing now

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  • BochimanBochiman Posts: 25,556 ✭✭✭✭✭


    << <i>

    << <i>
    Not necessarily. These coins "should" all grade 69 or 70 (or, the VAST majority should).
    Therefore, a graded 69 will likely be similar in price to an opened/raw set.

    >>



    image >>



    Yeah, we've been down this flippin' road before, eh Bill? image

    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

  • I think it more...the chance of 70........not so much as the probability.........sending sets in is always a crap shoot.........but that FS designation and the chance of a 70 is greater with sets that haven't been molested for lack of a better word.......There are sealed set holders and there are graded set holders.........to each his (or her) own.......whatever makes you the most comfortable in investing..........either way you sure can't dispute the long term possibilities...IMO


  • << <i>>>>Historically speaking (last few years watching moderns), sealed sets therefore hold a premium over a raw/opened set.
    I anticipate that being true here as well.<<<<

    Using that logic, then a 70 set should have a huge premium over a sealed set as the odds of obtaining 5 for 5 out of one set is huge. >>



    Of course 70 sets will always be worth a premium to sealed sets. After all 70s are the reason people buy sealed sets to try their luck with. The number one reason why I kept all my cases sealed, other than not having thousands extra for grading at the time image, was the simple fact that as these climb I'll be able to liquidate them quite easily with no grading fees and no risk that I'll wind up with a bunch of 69s and 68s. Sure I may leave a tiny bit on the table and not fully maximize the sets that I'm flipping, BUT I'm going to do very well and odds are I will probably come out on top based on what I've seen in the grading results threads here and two other forums. Like I said previously, that stack of sealed cases in the corner is looking better with each passing day image.
  • BochimanBochiman Posts: 25,556 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>Dice, I would think graded sets would still hold a premium over seal sets. >>



    Not necessarily. These coins "should" all grade 69 or 70 (or, the VAST majority should).
    Therefore, a graded 69 will likely be similar in price to an opened/raw set.

    Sealed sets potentially hold 70s in them. Historically speaking (last few years watching moderns), sealed sets therefore hold a premium over a raw/opened set.
    I anticipate that being true here as well. >>



    Using that logic, then a 70 set should have a huge premium over a sealed set as the odds of obtaining 5 for 5 out of one set is huge. In fact, looking at some of the recent submittals that have been posted, it appears you are lucky to get one full set of 70's out of 5 sets. If getting 69's is a waste of money (same price as an open/raw set), then it is not really worth submitting a sealed box as you wil be up-side-down on the transaction (unlless you bought them from the Mint or someone else at or near cost). But, at a $1,000 per seal set, after grading fees, selling fee, and shipping fee, you are going to lose money. You even run the chance of getting a 68 or less. I have seen a lot of sets on eBay recently with 68's and like I said, even a 66 (all grades are PCGS). I noticed on the Pop reports, there have even been a couple 63 & 64's. >>




    Unlike some, when they let their egos and need to be right get away from them, I won't argue it. What you are saying can be true. What I said has historically be true....you even highlighted that part of my post. If you think collectors are logical, and not gamblers, in items like this, well that is your right image

    How much for a sealed/unopened GSA morgan box? How much for the odds-on favorite being that it is likely to be a 1883-CC or 1884-CC in MS62/63 maybe 64?
    Is there a premium for it in the unopened/sealed box?

    What are the going rates for a 69 set of the 2006 SAE annv vs that of a sealed box?

    I'm not gambling here and I am not playing the game of buying more to flip. I bought mine. My mom bought hers. My friend bought his. When we sell, we sell and are out. Same as a few of us did on previous flips ("us" means either my family and/or my friends, and I).
    There are a lot of speculators in these threads and some will be right in what they call because they know what they are doing (Wondercoin and a few others), others will be right because even a broken clock is right twice a day, and others won't be right. No biggie.

    Until proven wrong, I will believe that the price values will be (1) everything slabbed grading below a slabbed 69 (2) slabbed 69 sets (3) sealed boxes (4) sealed boxes that meet 1st strike (5) slabbed 70 sets

    I am only using PCGS in my example above. Not including different labels other than 1st strike eligibility for the boxes but obviously labels are having a play in the "value perceived" on these sets.

    Nice thing is, if I am wrong on the above, I am ok with that image

    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

  • BochimanBochiman Posts: 25,556 ✭✭✭✭✭


    << <i>

    << <i>>>>Historically speaking (last few years watching moderns), sealed sets therefore hold a premium over a raw/opened set.
    I anticipate that being true here as well.<<<<

    Using that logic, then a 70 set should have a huge premium over a sealed set as the odds of obtaining 5 for 5 out of one set is huge. >>



    Of course 70 sets will always be worth a premium to sealed sets. After all 70s are the reason people buy sealed sets to try their luck with. The number one reason why I kept all my cases sealed, other than not having thousands extra for grading at the time image, was the simple fact that as these climb I'll be able to liquidate them quite easily with no grading fees and no risk that I'll wind up with a bunch of 69s and 68s. Sure I may leave a tiny bit on the table and not fully maximize the sets that I'm flipping, BUT I'm going to do very well and odds are I will probably come out on top based on what I've seen in the grading results threads here and two other forums. Like I said previously, that stack of sealed cases in the corner is looking better with each passing day image. >>



    Bingo! Here is a man who understands the different plays and perceived values in this one!
    image

    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

  • Coins101Coins101 Posts: 2,603 ✭✭✭


    << <i>I think it more...the chance of 70........not so much as the probability.........sending sets in is always a crap shoot.........but that FS designation and the chance of a 70 is greater with sets that haven't been molested for lack of a better word.......There are sealed set holders and there are graded set holders.........to each his (or her) own.......whatever makes you the most comfortable in investing..........either way you sure can't dispute the long term possibilities...IMO >>



    image
  • Coins101Coins101 Posts: 2,603 ✭✭✭


    << <i>Unlike some, when they let their egos and need to be right get away from them, I won't argue it. >>



    image
  • OPAOPA Posts: 17,143 ✭✭✭✭✭


    << <i>

    << <i>2011 Anniversary sets prices stabilizing now


    It appears to me, that 70's graded PCGS coins are moving upwards in price, whereas the 69 graded coins are still moving in the oposite direction. >>



    I agree except the 69's also seems to be increasing. Anyway, they are selling for more $$ than when I bought mine (both sets and singles - all Flag label). >>



    Really? Great timing on your part. Obviously you purchased yours at below $700 a set. $700 (+$25 -$25) seems to be the norm now for FS Label PCGS sets...Mercanti labeled ones are slightly higher. NGC 69 sets, on average, show a similar pattern with a larger spread of low to high.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • I believe I'll enjoy my ungraded sets, since I have no intention of selling anytime soon. Don't need a flag or a signature (I don't collect those), the coins look great all by themselves. I'm betting in the distant future, someone might appreciate them just as they came from the Mint. Of course I hear some folks like classic cars painted in wild neon colors too. Beauty is in the eye of the beholder. image
  • RobertSRobertS Posts: 485 ✭✭
    NVM I was trying to put up a formula to represent that if you send a sealed box, purchased at current eBay prices and you get 40 percent 70's you will be in the red.
  • Coins101Coins101 Posts: 2,603 ✭✭✭


    << <i>Really? Great timing on your part. Obviously you purchased yours at below $700 a set. >>



    As Dave Hester says, "YUUUUUUUPPPPPPPPPPPPPPPPPPPPPPPPPPPPP!!!!!!!!!!!!!!!!"

    I even picked up one set that was all 69's except the set had a RP70 for under $700.

    FYI - some sets have recently sold for a little under $700 and some up to $850.
  • Coins101Coins101 Posts: 2,603 ✭✭✭
    Another way to look at it is your can buy both keys coins (graded RP70 & MS70) for around $1K (recent complete auctions). Does it make since to buy a sealed set for $1k or even $900?

    By the way, I am not saying I am right or that I am wrong, just throwing out some food for thought and have a little friendly conversation. Nothing to do with egos or making some get their panties in a knot, just a simple discussion.
  • I could be wrong but recent sales have been slightly over 1000 for those 2 keys and nudging 1200............full sets could become the thing to collect if others are splitting their sets up..........unfortunately we will never know how many sets have been split up just to sell the keys.............I say split them if you must but IMO the full set will be worth more to collectors down the road...........and the sealed sets are better off sold to bulk buyers who play the average game......But all this is based upon current prices and these sets have alot of leg left in them............I'll ask in 6 months how everyone did with any version of theseimage..........remember no one pays 500-600 for 1 coin unless they feel it would be worth 800-900 or more down the road


  • << <i>...........full sets could become the thing to collect if others are splitting their sets up..........unfortunately we will never know how many sets have been split up just to sell the keys.............I say split them if you must but IMO the full set will be worth more to collectors down the road...........and the sealed sets are better off sold to bulk buyers who play the average game......But all this is based upon current prices and these sets have alot of leg left in them............I'll ask in 6 months how everyone did with any version of theseimage.......... >>



    What he said plus a thousand image...
  • PS I might add there are some buying just the key coins........when the time comes you will need those to complete a set...........what will they be worth then????
  • scotty1419scotty1419 Posts: 933 ✭✭✭
    Has anyone else noticed that raw sets on ebay have tipped to start selling at $700 or slightly over?
  • BigDaddyzBigDaddyz Posts: 1,306 ✭✭✭
    BO5 sold for $4750

    Number of listings has gone from 20 to 30 in the last couple days.
    Great BST experiences: abitofthisabitofthat, silvercoinsdude, gerard, coinfame, mikescoins, wondercoin
  • CakesCakes Posts: 3,687 ✭✭✭✭✭


    << <i>Another way to look at it is your can buy both keys coins (graded RP70 & MS70) for around $1K (recent complete auctions). Does it make since to buy a sealed set for $1k or even $900?

    By the way, I am not saying I am right or that I am wrong, just throwing out some food for thought and have a little friendly conversation. Nothing to do with egos or making some get their panties in a knot, just a simple discussion. >>



    I wouldn't pay 1K for a sealed set but I guess it depends on how much gambler is in you. I really wanted to roll the dice and send my box of 5 in months ago but chickened out and instead sold on the BST for a little under $3,700. I then turned around and bought a Mercanti 69 set on the BST and a Mercanti 70 set from Goldmart. The deciding factor for me was the loose coins due to poor packaging, I would have been pissed had either of the two key coins graded a 68.
    Successful coin BST transactions with Gerard and segoja.

    Successful card BST transactions with cbcnow, brogurt, gstarling, Bravesfan 007, and rajah 424.
  • Getting closer to the magic number........my e-bay listing picked up 24 watchers in the last 2 days...and I am not the lowest price listed..........


  • << <i>BO5 sold for $4750
    Number of listings has gone from 20 to 30 in the last couple days. >>


    FWIW, that exact box was immediately relisted so I wouldn't really include that sale in the discussion as clearly it wasn't an actual sale.
  • That same seller re-listed the box almost immediately????.........and it was not FS eligible........strange!...........a box of 5 that were FS sold for 4400
  • BigDaddyzBigDaddyz Posts: 1,306 ✭✭✭
    Current listings are showing extreme strength.

    $4350, 6 bids, 24 hours to go

    $4399, 5 bids, 1d 7h to go

    $4250, 1 bid, 1d 7h to go

    $4449, 3 bids, 4d 9h to go

    None of these are mine...Pretty sweet

    I have one listed but it was shipped on 12/8...dangit!
    Great BST experiences: abitofthisabitofthat, silvercoinsdude, gerard, coinfame, mikescoins, wondercoin
  • nycounselnycounsel Posts: 1,229 ✭✭
    I have one listed but it was shipped on 12/8...dangit!

    what is the significance of the shipped date- aren't all sealed boxes 1st strike eligible? or is it something else? thanks
    Dan
  • pf70collectorpf70collector Posts: 6,753 ✭✭✭
    12/7 was the first strike cut off date.
  • SpeedieSpeedie Posts: 104 ✭✭
    GoldMart are back offering PCGS 70 Flag sets for $1,395 if anyone's buying.
  • Coins101Coins101 Posts: 2,603 ✭✭✭
    I see one of the signature flag sets closed over $2k today.
  • epcjimi1epcjimi1 Posts: 3,489 ✭✭✭


    << <i>GoldMart are back offering PCGS 70 Flag sets for $1,395 if anyone's buying. >>



    Sooner or later, GM has got to run out of 25th Anny to sell.

    Object of game at this point - wait out GM.
  • epcjimi1epcjimi1 Posts: 3,489 ✭✭✭
    I'm liking WonderC's Mercanti Flag price pop on ebay.
  • epcjimi1epcjimi1 Posts: 3,489 ✭✭✭
    tajensen1130 sold a set of Mercanti Flag 70 tonite individually on ebay, total = $1595.48 Disappointing.

    This follows Wasatchcoin's individual MF 70 set from last nite which went for about $1716, IIRC.

    But!

    Wasatchcoin countered tonite with a full set MF 70 set which went for $2008.

    Go figure. Some go by individual sale, some go by the set.

    And it's a very small sample of the upcoming MF flood to come.
  • Funny the set went high but the singles were a lot lower tonight. You could have put the set together cheaper buying the singles. These 25th coin prices are all over the place on singles. I think the prices for these Mercanti Flags will come down fast or hopefully other label 70 sets will go up.
  • OverdateOverdate Posts: 7,160 ✭✭✭✭✭
    The latest two sealed boxes of five sold today for $4499 and $4600. Way off the lows.

    My Adolph A. Weinman signature :)



  • << <i>Sooner or later, GM has got to run out of 25th Anny to sell.
    Object of game at this point - wait out GM. >>



    GM initially had a great number of Mercanti 70 sets and without a doubt held prices down to some degree. When they sold out initially a couple/few weeks ago now prices started to move upwards. They've since restocked, sold-out, and restocked again. A couple days ago they had tombstone 70 sets, but nothing else. Now they have just the flag sets for $1400 (which seems like a fantastic price at this point). IMO goldmart is definitely helping to keep prices down with the way they seem to consistently stay under the eBay average. You have to wonder if they'll ever run out of cheap cases to buy and grade or sets to buy as there are only so many to go around and as time goes by more and more find their way to permanent homes.

    FWIW, it should be noted that Goldmart gets all p1ssy and sends a nasty-gram to any forum that has a discussion about it. I frequent a couple of other boards and on one of them we received a nastry-gram regarding the Goldmart thread in spite of the fact most all of the posts in the thread were positive. In addition to personally purchasing sets from them, I have sent FOUR other people their way directly and who knows how many others just by talking about them in threads. Long story short I will NEVER buy from Goldmart again or send any more business their way. Honestly I feel like it's my loss on some level as I'm itching to buy two more sets right now, but no way will I patronize their site again given their attitude... I would suggest you guys consider talking to Mitch (wondercoin) or others here in the BST forum before giving GM any business...
  • I noticed goldmart has raised the price of the packaging from $9.99 to $13.99. A 40% increase. This should provide a floor on the packaging also. image
  • wondercoinwondercoin Posts: 17,003 ✭✭✭✭✭
    Thanks for the endorsement ModernCoin.

    I have tried to be candid here all along ... close to a month ago, I became much more of a buyer than a seller of these sets. I personally felt prices of sets got "stupid low". Things are heading back in the right direction now as far as I am concerned. That said, I am probably not the best place to come to buy most of the 70 sets at this point. as quite frankly, I refuse to "give them away". At $1,350 or even $1,395 for the 70 sets, I'll sit on them for 3-6 months. Let's see where the 70 sets are by May or June. I may be wrong (and it won't be the first time), but, I am fairly confident I will likely do better than the 1% interest I would have earned in the bank on the cash.
    image

    As always, just my 2 cents.

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.


  • << <i>Thanks for the endorsement ModernCoin.

    I have tried to be candid here all along ... close to a month ago, I became much more of a buyer than a seller of these sets. I personally felt prices of sets got "stupid low". Things are heading back in the right direction now as far as I am concerned. That said, I am probably not the best place to come to buy most of the 70 sets at this point. as quite frankly, I refuse to "give them away". At $1,350 or even $1,395 for the 70 sets, I'll sit on them for 3-6 months. Let's see where the 70 sets are by May or June. I may be wrong (and it won't be the first time), but, I am fairly confident I will likely do better than the 1% interest I would have earned in the bank on the cash.
    image

    As always, just my 2 cents.

    Wondercoin >>



    I'm thinking that is a smart move... these will continue to rise(underpriced for two rare modern coins and low mintage)
  • Goldmart has completely removed the listings for the Mercanti and tombstones, and only has the FS Flag sets. Maybe this means the Mercanti and tombstones are completely dried up, which would be great news for those of us holding them. Of course, it could also mean they're getting ready to sell the Mercanti Flags. image
    Successful BST transactions: clackamas, goldman86, alohagary, rodzm, bigmarty58, Hyperion, segoja, levinll, dmarks
  • epcjimi1epcjimi1 Posts: 3,489 ✭✭✭


    << <i>Goldmart has completely removed the listings for the Mercanti and tombstones, and only has the FS Flag sets. Maybe this means the Mercanti and tombstones are completely dried up, which would be great news for those of us holding them. Of course, it could also mean they're getting ready to sell the Mercanti Flags. image >>



    I'll go with the latter.
  • BillsonBillson Posts: 78 ✭✭✭
    Just bought another 25th Anniv Set 70 FS flag label from goldmart at 1,450 (1395.00 +50 shipping). They still have about 20 or so sets left. Better price than at eBay

    Successful BST transactions:
    Buy and sold to Wondercoin,
    Buy from: mbogoman, sol15g

  • wondercoinwondercoin Posts: 17,003 ✭✭✭✭✭
    I must be one of the more stupid sellers out there then ... keeping my prices firm at around $1,800+/set for Mercanti Flag while at the same time expecting any day for the $1,395 offerings to begin image

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • GoldMart is selling close to cost to build market share in moderns if I had to guess. Note they do not carry anything like full 1986 to present silver eagle coverage. I think this is just a marketing program.
  • WC...over the decades some very very stupid men have laughed all the way to the bankimage..............hold tight the month is not over yet!!............
  • wondercoinwondercoin Posts: 17,003 ✭✭✭✭✭
    Dice21: I am not sure if I should take that as compliment image

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • CCC2010CCC2010 Posts: 1,997 ✭✭✭


    << <i>Dice21: I am not sure if I should take that as compliment image

    Wondercoin >>



    image I believe he meant that as a compliment WC. image
    References:Coinsarefun,DerryB,Bloodman,Zubie,Gerard,Skyman,Bestclser1,Lakesammman,Yellowkid,PerryHall,Piecesofme,HTubbs,grote15
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  • Coins101Coins101 Posts: 2,603 ✭✭✭


    << <i>

    << <i>Dice21: I am not sure if I should take that as compliment image

    Wondercoin >>



    image I believe he meant that as a compliment WC. image >>



    image

    But you have to admit, it sure came out wrong, I think! image
  • WC, yes it was positive...........
  • CakesCakes Posts: 3,687 ✭✭✭✭✭


    << <i>Dice21: I am not sure if I should take that as compliment image

    Wondercoin >>



    The comment combined with the emoticon had me chuckling pretty hard.
    Successful coin BST transactions with Gerard and segoja.

    Successful card BST transactions with cbcnow, brogurt, gstarling, Bravesfan 007, and rajah 424.


  • << <i>Dice21: I am not sure if I should take that as compliment image

    Wondercoin >>



    Thats like that guy that told me "Your not as stupid as you look". Trying my best to take that as a compliment image
    Currently working with nurmaler. Older transactions....circa 2011 BST transactions Gecko109, Segoja, lpinion, Agblox, oldgumballmachineswanted,pragmaticgoat, CharlieC, onlyroosies, timrutnat, ShinyThingsInPM under login lightcycler
  • gyromacgyromac Posts: 214 ✭✭
    wondercoin....

    YTD


    AAPL... + 5.62%
    25th PCGS 70 FS Mercanti Set+ 7.1% (ok we are using 1400 1/1 price and a best guess you can sell for 1500 today)


    stupid...nope....totally better than the 1% and quite frankly the Mercanti 70s have totally less risk than AAPL right now...


    image
  • giorgio11giorgio11 Posts: 3,959 ✭✭✭✭✭


    << <i>

    << <i>Dice21: I am not sure if I should take that as compliment image

    Wondercoin >>



    Thats like that guy that told me "Your not as stupid as you look". Trying my best to take that as a compliment image >>



    If I am laughing all the way to the bank, people can call me stupid all they want. Sure beats getting called stupid for nothing! image
    VDBCoins.com Our Registry Sets Many successful BSTs; pls ask.
  • TennesseeDaveTennesseeDave Posts: 4,809 ✭✭✭✭✭
    500


    This seems to be a great price and a nice profit for the seller,assuming they bought directly from the mint.

    Box of 5 sets for $4500
    Trade $'s

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