Quote:
Mintage for many is seen as a factor in "It needs to appreciate in the future"
Yeah, I'm still trying to wrap my head around that... I see mintage #'s on some fairly nice designs at, for example, 8500. To me, that seems rather small, but I gather it's relatively huge in relation to "coins likely to appreciate due to rarity" and folks would rather see... what? under 5k? under 2k? under 1k? something silly-small?
I see 8500 mintage and think it might be hard to find in a few years, but I guess not. so, just how many "collectors" out there area really collecting, vs. how many dealers are sitting on stockpiles of these for the next decade+?
Then on the flipside, you have something like the 2015 Panda.... 31 grams of silver selling at more than double spot, and mintage was 8,000,000.... certainly more than enough for every collector who might desire one to get one thousand or more, if they have the budget. So, why so much premium on the 2015 Panda? Will it last, or is it one of those fad coins right now? I'm far too inexperienced to have any clue about that...
BUT back to the OP, low mintage certainly helps fuel a desire to get my hands on something, I suppose, which is odd, because I have no real expectation of "making money" doing this. I think, if I'm being honest, it's because the lower the mintage, the higher the quality seems to be, and not much more... At the end of the day a pretty coin is a pretty coin, and that's my main draw:
the design and the delivery.