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Ike Price Drops Already

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Reno32's Avatar
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500 Posts
 Posted 08/20/2015  7:00 pm Show Profile   Bookmark this topic Add Reno32 to your friends list Get a Link to this Message Number of Subscribers
August 20, 2015Connor Falk
The Eisenhower Coin and Chronicles set has dropped in value on the secondary market after a quick sellout at the Mint.The set contains an Eisenhower reverse proof Presidential dollar, silver inauguration medal and stamp. It went on sale for $57.95 on ...
- See more at: http://www.numismaticnews.net/#stha...IQoZMYR.dpuf
http://www.numismaticnews.net/artic...rops-already

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CSOTUS's Avatar
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 Posted 08/20/2015  10:22 pm  Show Profile   Bookmark this reply Add CSOTUS to your friends list Get a Link to this Reply
Truman did the same thing. It will go back up
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jbuck's Avatar
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Debrajc's Avatar
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 Posted 08/21/2015  09:48 am  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
Jbuck~!! Me either
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OldSkoolMadSkilz's Avatar
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 Posted 08/21/2015  11:46 am  Show Profile   Bookmark this reply Add OldSkoolMadSkilz to your friends list Get a Link to this Reply
Interesting that it's actually less than the Truman set right now. These are all the people who bought them because their brother in law told them they should. Once they're out of the way, the price will go back up.
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srs77's Avatar
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 Posted 08/21/2015  1:54 pm  Show Profile   Bookmark this reply Add srs77 to your friends list Get a Link to this Reply

Quote:
No skin off my back. My set is not for sale.


I'm with you Jbuck!
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MeadowviewCollector's Avatar
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4409 Posts
 Posted 08/21/2015  2:29 pm  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list Get a Link to this Reply
I can say this right?

If jbuck's Ike set would have had some issue that made it so he couldn't even look at it I would have gladly traded one of my good sets for his

After all Ike's #1 fan deserves a set he can be proud of


-MV
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jbuck's Avatar
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 Posted 08/21/2015  2:40 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
If jbuck's Ike set would have had some issue that made it so he couldn't even look at it I would have gladly traded one of my good sets for his

After all Ike's #1 fan deserves a set he can be proud of
Aw, thanks!

You are awesome and I am not worthy.

I think the fulfillment center realized who I was and acted accordingly.
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Bizybackson's Avatar
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1817 Posts
 Posted 08/21/2015  4:45 pm  Show Profile   Bookmark this reply Add Bizybackson to your friends list Get a Link to this Reply
The last sets ordered have been shipped out and those are just getting delivered today as mine did, so there is currently a short term glut of sets as all the newbie flippers list theirs. Once that dissipates, the sets will go right back up.
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mrpapageorgio's Avatar
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669 Posts
 Posted 08/21/2015  7:33 pm  Show Profile   Bookmark this reply Add mrpapageorgio to your friends list Get a Link to this Reply
As someone said earlier, wait till Christmas when people want to buy gifts for their numismatic friends.

I'm only flipping the one I'm not keeping of the two I got from the mint, so not as concerned about it as a dealer would who probably have more invested in their inventory by buying hundreds above the selling price using shill buyers and want to move their inventory quickly.
Edited by mrpapageorgio
08/21/2015 7:37 pm
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Cascade's Avatar
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 Posted 08/21/2015  8:08 pm  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
Sealed sets of 2 are now down to $350. Yikes, I wonder where the bottom will be before the rebound. This is more like a paper stock than a coin set lol

Papageorgio, your also forgetting that the big buyers with shills like hsn & mcm are bulk grading for cheap and probably get a high relative number of pf and ms 70s which adds to their net profits
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jbuck's Avatar
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187702 Posts
 Posted 08/22/2015  11:29 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I wonder if the general low quality being reported is affecting demand.

Very happy to have a nice looking set. Very happy.
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CSOTUS's Avatar
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 Posted 08/23/2015  12:09 am  Show Profile   Bookmark this reply Add CSOTUS to your friends list Get a Link to this Reply
It seems to me that the Ike's are better quality than the Truman.

My Truman sets are all definitely not 70s, but my Ike's have a possibility.
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jbuck's Avatar
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 Posted 08/23/2015  12:16 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I do not have a problem with either set, but if I have to pick nits, the packaging on the Eisenhower set is better than the Truman. The printing on my Truman set looks uneven in places. However, the coins and medals are fine.

To expand, my previous comment was regarding the perceived quality of both sets. Those who paid big money for a Truman set only to be disappointed by quality are going to be reluctant to to buy the Eisenhower. If that makes sense. It is just a thought.
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