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 Replies: 772 / Views: 74,575 |
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Valued Member
United States
63 Posts |
Thanks, Foxwoods Man, that's very interesting, that the levels of the premiums for these cases, therefore, are unrelated to the actual coin grade and total mintage, but related more to how they were issued and from where they were issued.
Coin collectors before the Mint started its modern coin programs (pre-1980s), never had to calculate values this way!! Interesting.
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Pillar of the Community
United States
533 Posts |
Quote:
Coin collectors before the Mint started its modern coin programs (pre-1980s), never had to calculate values this way!! Interesting. I wonder if this will last or fifty years from now all that will matter is the coin and condition Edited by jaxenro
07/07/2019 3:26 pm
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Valued Member
United States
63 Posts |
Yes jaxenro, that question is a great one!
Is this a fad, some type of romantic-sentimental-nostalgia factor that will fade away 100 years from now, or will coin values start, permanently, establishing their values not only by mintages and condition but on packaging and origin.
Very interesting.
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Bedrock of the Community
13014 Posts |
Quote:
Coin collectors before the Mint started its modern coin programs (pre-1980s), never had to calculate values this way!! Interesting. This is nothing new and has been going on in collecting for a long long time. It's no different than why coins from famous collections would get premiums even the subpar ones just as one example. |
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Pillar of the Community
United States
1913 Posts |
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It's no different than why coins from famous collections would get premiums even the subpar ones just as one example. Coins from famous collections or important events (shipwrecks for example) have real provenance. In my opinion, the idea that OGP equates to provenance is funny. I'm not doubting at all that people will pay more for these special labels, it's just not something that I'd do. Of course if it makes someone happy, then they should do what they want to do. |
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Valued Member
United States
63 Posts |
Bret - I agree with you, a provenance that gives a coin historical uniqueness is worth a premium. Indeed the coin is unique because of it. However, packaging does not impart a unique "provenance." You're paying for the "rareness" of the packaging, NOT any unique, rare aspect of the coin set, of which there are 110,000 of them.
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Valued Member
United States
63 Posts |
But I also agree like you that if people impart value to packaging, then so be it, they've got the right to put a value on anything they want, so long as there is a market for it....
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Bedrock of the Community
13014 Posts |
Simply being is a set is nothing unique or important. Many of the big set coins were MEH at best to be polite.
Packaging and formally being in a set giving added value is the exact same thing, the only difference is some disagree with one of those two so they choose to view differently. In both cases it is simply where the coin came from adding value
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Pillar of the Community
United States
7049 Posts |
Just to follow were my reading left off
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Pillar of the Community
United States
4901 Posts |
This thread has been successfully hijacked and totally off the original topic
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Bedrock of the Community
13014 Posts |
Sorry guys no more discussions of anything, no more discussing the markets, no more talking about the packing, or anything relevant wouldn't want to be accused of hijacking when god forbid a relevant discussion ensures. So back to just the two coins in the set and nothing more (eye roll)
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Pillar of the Community
United States
4901 Posts |
Sorry if I offended but 10 of the last 11 or so posts on this thread (mine included) about RCM vs US labels would have been more appropriate in the thread started by dave92029 about this exact topic. No eye roll needed....In the future I will keep my comments on this set to myself Edited by Foxwoods Man
07/08/2019 07:16 am
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Pillar of the Community
United States
7194 Posts |
Well to get back on topic min has shipped!  |
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Pillar of the Community
United States
1026 Posts |
Mine has arrived in my town on Saturday but won't be delivered until tomorrow. Doesn't make sense, but it's just another day.
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Pillar of the Community
United States
5618 Posts |
Just a thought, Being the RCM sets were a small fraction of the U S Mint's, I would have thought they would have sold for more than I am seeing, on the secondary market. The Historic reality would dictate this to be a strong possibility, or so I thought........ |
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Replies: 772 / Views: 74,575 |
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Posted 07/07/2019 3:26 pm
