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 Replies: 70 / Views: 10,156 |
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Pillar of the Community
United States
1913 Posts |
commems, you nailed it. I'll add that the opposite is also true in a produce to demand situation. If a product is popular when issued and produced in a high quantity, then there is likely to be relatively low pricing in the future because the market will be saturated. The bicentennial quarter is a good example of this.
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Pillar of the Community
United States
1044 Posts |
@commens, @bret- thanks for the insight. Makes total sense.
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Pillar of the Community
United States
1913 Posts |
The same holds for other collectibles as well, especially guns.
My experience is that those who focus on what they like and don't worry about what others think or the financial return of their collection will generally do better than most.
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Valued Member
United States
430 Posts |
I know it's a long shot, but I'm hoping that somewhere down the line if paper dollars and phased out they will go with this coin for circulation since it's got the 50 states vibe. If that does happen there will be lots more interested in this set. I'd say about 15 percent chance of happening.
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Moderator
 United States
189340 Posts |
Quote:
I'd say about 15 percent chance of happening. You are more optimistic than I am, but do not confuse my pessimism with my desire. I would love to see these coins replace the one dollar note.  |
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Pillar of the Community
United States
587 Posts |
A month later and it's still available. I'm betting this is the trend for the rest of the series.
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Valued Member
United States
102 Posts |
My order thankfully just changed to "Grading." We'll see!
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Pillar of the Community
United States
1373 Posts |
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I just did a little math. If pricing remains stable for the life of the run, I figure I'll spend about $1,113 for the complete set (including the 2018 'entry' coins. This was from my 11/10/19 post. I just noticed today that the mint has upped the cost of the reverse proofs from $9.95 to $11.50, which adds $75-$80 to complete this set. |
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Pillar of the Community
United States
1913 Posts |
Bummer on the price increase, but I got my two ordered.
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Pillar of the Community
United States
7292 Posts |
The discussion on rarities got me thinking, and it's basically if people aren't interested in these now why would they be interested in the future. A good example is Presidential dollars I can get them for $5, what's to say these will increase in value. Most commemorative dollars are now selling a little over melt and some have low mintage. |
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Pillar of the Community
United States
1913 Posts |
Most of the modern coins purchased from the mint will lose value, especially if inflation is considered. I don't buy for investment purposes but just for the enjoyment of it. Regarding the proof Presidential dollars, they were included in annual proof sets, so their mintages are much higher than these reverse proofs. The proof Innovation dollars are not included with the annual proof sets, so expect them to have lower mintages. Finally, take a look at the value of the reverse proof Presidential dollars. Several have very low mintages and are holding their value well. |
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Moderator
United States
189340 Posts |
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I just noticed today that the mint has upped the cost of the reverse proofs from $9.95 to $11.50, which adds $75-$80 to complete this set. Glad I am just doing normal proof then. I will get a few select RPs for the states or subjects I find appealing.  |
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Pillar of the Community
United States
7292 Posts |
Anyone get the NJ coin? I'm really on the fence, especially that it went up in cost. If you did can we see a picture?
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Pillar of the Community
United States
587 Posts |
I'm waiting until my enrollments get me free shipping with the loyalty program. I highly doubt these will go anywhere by then.
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Pillar of the Community
United States
1913 Posts |
I got a shipping notice and will be happy to post pictures if someone doesn't beat me to it.
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Replies: 70 / Views: 10,156 |
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Posted 11/29/2019 10:15 pm
