Thread: 2012 ASE 2 piece set is scheduled!

"I'm a collector and not a flipper".

If all collectors get one, what need is there for a limit? What cachet (other than profit) is there to owning something from a limited edition?

Originally Posted by x115

I'm not a flipper. the fact that there is no household limit leaves the door wide open for dealers to buy large quantities. so I don't think dealers nor flippers are complaining, other than they will have to sell in volume to make a profit.

So if you get what you need, what difference does it make how many more are out there?

Originally Posted by x115

I'm a collector, I like the Idea of a San Francisco set. but there is nothing "limited" about this set. no "limit" on how many you can order,and no "limit on how many are "minted".

So it really comes down to how much "your" coin is worth.

Originally Posted by x115

why not set a limit of 1 per household with a mintage limit ? last year people complained about 5 per household being to many,but now you can buy to infinity. I'm the opposite of a flipper.

If you are worried about how many there are and what the are worth, or may be worth in the future, you're not a collector, you are a speculator, no better than the big retailers buying up hundreds and thousands of them. So don't try to convince me that you are a collector.

wanting to collect something rare makes me a NON COLLECTOR ? that makes no sense.

but I don't buy,collect,or invest in common bullion. so maybe thats my problem.

maybe I should say I'm a collector. just not a big ASE collector.

but you can call me what you want. its all good

Collector or Speculator? I think most of us eventually sell. So exactly how long must an acquisition be held? The flippers are well defined but isn't the collector also profit motivated? Many of the self proclaimed collectors here flipped the A25 and would jump at the chance to do it again. It's the nature of the beast. Everyone can just post their condemnation of me for sitting on my sealed A25s, but guess what? They are my private property and I will do as I please. And like everyone else who seeks value appreciation, we are all the same. It's just that some of us hit the jackpot.

I'm an eclectic collector.

I kinda jump around with my collection. so I pick my battles.as far as ASEs I only have anniversary sets with a lower mintage.thats my crazy method.to each there own.

but for those who have a full set of ASEs then this set is perfect.

Originally Posted by kruptimes

Collector or Speculator? I think most of us eventually sell. So exactly how long must an acquisition be held? The flippers are well defined but isn't the collector also profit motivated? Many of the self proclaimed collectors here flipped the A25 and would jump at the chance to do it again. It's the nature of the beast. Everyone can just post their condemnation of me for sitting on my sealed A25s, but guess what? They are my private property and I will do as I please. And like everyone else who seeks value appreciation, we are all the same. It's just that some of us hit the jackpot.

+1 I agree

Originally Posted by InfleXion

That's what I was thinking, and really I can't blame the flippers either. It's not unlike Perth mint is doing with reissuing older kookaburras. The market has a semi-predictable price based on availability and demand, and people often plan their finances around it. Moves like this can blow up someone's portfolio if they are not strictly a collector. This is why if I do premium coins it is only small premiums or something I plan to keep.

I cannot believe that the Perth Mint is doing that with the Kookaburras. Imagine if the US Mint started to produce more of the 25th anniversary sets after the sell out last year Prices have significantly dropped for the 25th anniversary set now but would have plummeted much sooner if they did that. I accept the fact that people differ in their reasons to buy coins. I plan on handing my collection over to my kids, so of course want it to have value in the future. So, I walk the fine line of buying what I like and enjoy now but also buying what I think will likely have some value for them in the future. Again, I really think value is demand driven. Supply could be one, but if nobody wants it who cares? I started a thread a few weeks ago about chasing limited mintage bullion and noted that it is hard to know what a limited mintage is anymore with so many limited gold and silver issues these days. I was recently eyeing a 2012 New Zealand proof dragon with a 2,500 mintage but decided against it because I did not like that it was gilded. I used the money to buy a 2 ounce 2012 Perth lunar dragon instead. I have convinced myself it was the better buy but only time will tell. TC

TC,
I'm a firm believer in the A25. I expected this price drop immediately after Christmas. Since I was wrong only proves I underestimated it's popularity. I hope this next release happens with the rerun of the TV show, "Shark Week". This feeding frenzy will be nothing like the A25 but nevertheless all the impressive. I'm betting 725,000 will be sold during the one month availability and it will produce a greater demand for all ASEs. Let the good times roll.

Originally Posted by kruptimes

Collector or Speculator? I think most of us eventually sell. So exactly how long must an acquisition be held?

That depends. Are ya in it for the quick money or do you want to take a chance and wait awhile? It could go up or it could go down but I don't think you'll ever loose money with theses.

Originally Posted by kruptimes

The flippers are well defined but isn't the collector also profit motivated? Many of the self proclaimed collectors here flipped the A25 and would jump at the chance to do it again. It's the nature of the beast.

You betcha. But I didn't flip for profit and pocket the earnings. Instead, I flipped to buy collector coins. In that way my collection helps to pay for itself.

Originally Posted by kruptimes

Everyone can just post their condemnation of me for sitting on my sealed A25s, but guess what? They are my private property and I will do as I please. And like everyone else who seeks value appreciation, we are all the same. It's just that some of us hit the jackpot.

I'd never condemn you. You've got a goal in mind and who am I to judge you?

The responses to my post are pretty hard to argue with, and they raise some good points.
They are making me look inward and will definitely effect my thoughts on the subject.
Thanks for showing me the other side of the coin. (pun intended)

http://catalog.usmint.gov/webapp/wcs/stores/servlet/CategoryDisplay?langId=-1&storeId=10001&catalogId=10001&identifier=1000

more info

Originally Posted by x115

http://catalog.usmint.gov/webapp/wcs/stores/servlet/CategoryDisplay?langId=-1&storeId=10001&catalogId=10001&identifier=1000
more info

Thanks for info. I am very content since my wish comes true - minted on demand within the time frame scheduled. This means I can get at least 15 sets to accompany my 15 sets of the 25th anniversary ASE! Bravo US Mint for not making the same mistake on the 25 anniversary ASE release. I wish every collector can get some sets.

Originally Posted by x115

http://catalog.usmint.gov/webapp/wcs/stores/servlet/CategoryDisplay?langId=-1&storeId=10001&catalogId=10001&identifier=1000
more info

Out of topic, I am curious about your username here: x115. It immediately reminds me of Poweress a.k.a. Mutant x115. Are you by any chance a fan of the X-Men? Let me introduce myself, mutant X19yz a.k.a. BioEtOH, who passionately love ASE .... and many more other coins

Originally Posted by x115

http://catalog.usmint.gov/webapp/wcs/stores/servlet/CategoryDisplay?langId=-1&storeId=10001&catalogId=10001&identifier=1000

more info

Thanks for posting that link. We are not coin collectors or speculators or investors, but "coin enthusiasts" according to the US Mint. TC

Originally Posted by TopcatCoin

Thanks for posting that link. We are not coin collectors or speculators or investors, but "coin enthusiasts" according to the US Mint. TC

I like that; it covers all of us regardless of our reason for obtaining coins.