| Author |
Replies: 1,581 / Views: 148,571 |
|
|
|
Pillar of the Community
United States
7276 Posts |
Quote:And I will give you a dollar for each of your Peace dollars. No way I want my harem next to your Ike man fest. These are all clean Peace dollars, even the slab said they were clean  
|
|
Pillar of the Community
United States
1913 Posts |
Quote: This will sell for over $200 on the secondary market for a while I'd bet that it never dips below $200 on the secondary market. I'd pay $200 for one right now if I knew for sure whoever I was buying it from would come through. Quote:PCG considers all ASE bullion, so I would rather value their opinion than yours. PCGS? If so, take a look at the 1995-W proof in their price list. https://www.PCGS.com/prices/detail/...st-active/pr
|
|
Pillar of the Community
United States
7276 Posts |
It's still bullion, expensive bullion to me but still bullion.
I will say that I am considering getting this as someone will probably buy 1 in the future and I can store it for a while. But for me it's just a nice bullion coin.
Edited by hfjacinto 10/11/2019 5:12 pm
|
|
Bedrock of the Community
Australia
21788 Posts |
basebal21 is quite cynical, but he is also perfectly right.
If a potential customer wishes to buy an 'enhanced' product such as this, with fancy packaging, have some patience and wait for them to appear in the numismatic after market at a coin show. Then use whatever cherry picking skills you may have learned. The potential collector is then in a less tempted position with the fancy packaging and and marketing.
Generally speaking, I am usually very cynical myself, when it comes to classy marketing and fancy packing for any product, not just coins.
|
|
Pillar of the Community
United States
1913 Posts |
Quote: It's still bullion, expensive bullion to me but still bullion. I was just responding to you referencing PCGS as an authority whos opinion you value. Based on their price list, they obviously put numismatic value on the proofs. Seems that now you don't put so much stock in their opinion because it is not in agreement with yours. Of course you can have whatever opinion you want. Some people would say that Indian Head cents are only worth $0.01 because that's the face value or $0.017 because that's the bullion value. I would disagree with such opinions and I'm guessing you would too. If so, it seems odd to me that one would apply numismatic value to some coins while denying that others have it. I don't think numismatic value can really be argued. If a coin sells for more than its bullion or face value (whichever is greater), then it has numismatic value.
|
|
Pillar of the Community
United States
7276 Posts |
An Indian Head cent was actually designed as a coin to be spent. It cost .01. The ASE's especially the "limited edition ones" are not designed to be a spendable coin. I consider any coin that is not designed to be spent as a actual coin as either Bullion (in which its value is based on the metal content) or some type of commemorative. I guess you can say that the Reverse Proof ASE is commemorative Bullion, but its not a coin designed to be spent as currency. And if someone wants to sell me an IHC for a cent, I'll gladly take it. But what does it matter what I think. If you want to buy a Reserve Proof ASE, go ahead and do it, I might just to hold and sell in a few years. If people are willing to pay a premium for it what's to stop me from selling at a premium.
|
|
Valued Member
United States
430 Posts |
|
|
Pillar of the Community
United States
7276 Posts |
I'm think the AÍ dollars are commerative they have no essential metal value. And they aren't going to be circulated.
|
|
Pillar of the Community
United States
2470 Posts |
"This will sell for over $200 on the secondary market for a while"
yes, that's what I was thinking, too.
|
|
Pillar of the Community
 United States
1667 Posts |
So you guys think this coin with a mintage of 30,000 will sell for $200.00? Even knowing that the 1995-W with a mintage of 30,125 was the lowest mintage and the "key date" to the complete set and sells for over $1000 in any condition?
If this one sells for $200.00 wouldn't that end up crashing out the 1995W to below that? Just saying. Seems unreasonable given market conditions.
Maybe the 1995W comes down a lot with this release but maybe it doesn't and this one winds up above it.
Not sure how something like this works when it happens.
|
|
Bedrock of the Community
13014 Posts |
Quote: If this one sells for $200.00 wouldn't that end up crashing out the 1995W to below that? I don't think it'll have much of an impact on the 95 W if any. Part of the 95 W value is that it was a "missed" product because of how it was sold which made it the famous one of a popular series. It was also before large numbers of ASEs went right to the TPGs so they also have some pretty substantial grade price splits. The mintage is close enough that it doesn't blow the 95 W out of the water and that will still be the king of the proof coins. If this was a regular proof or an insanely low mintage like 10k than it would certainly steal some of the thunder from it, but I would be surprised if the enhanced RP had any significant impact on the price of them. That said I wouldn't be the least bit surprised if this one was over 200 in any form. They'll likely grade pretty well so I wouldn't expect an insane grade value split either. Quote: basebal21 is quite cynical Guilty as charged  Quote: If a coin sells for more than its bullion or face value (whichever is greater), then it has numismatic value. Exactly.
|
|
Pillar of the Community
United States
1913 Posts |
Quote: If this one sells for $200.00 wouldn't that end up crashing out the 1995W to below that? Just saying. Seems unreasonable given market conditions. A dealer once explained to me that the high 1995-W proof price has to do with tax law as it relates to bullion. Many are in the hands of investors. Couple that with it being the key to the series and you have high prices.
|
|
Pillar of the Community
United States
1044 Posts |
Was the 95-W the only ASE released that year besides the bullion and burnished versions?
|
|
Bedrock of the Community
 United States
12835 Posts |
In 1995 there were 3 ASEs issued:
Bullion P Proof W Proof
No burnished.
|
|
Valued Member
United States
354 Posts |
is this coin the same enhanced reverse proof as the one in the pride of two nations set?
|
| |
Replies: 1,581 / Views: 148,571 |