Why did the 2021 D shoot up so high in value?

They were very likely never 69/70s with those years and basically certainly with some of those years

 

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Its not about research.

I can see from just looking at the coins that they are almost the same.

Im sure someone could tell me all the ways that the minting process has changed since then but the end result is not that dramatic.

Just like in 1982 when they were no longer made of copper. Yes it was a significant change but in the end due to the copper plating the coins still look the same.

It’s not like comparing a proof coin and a normal coin where there is a clear and obvious difference between the two.

 

It’s called technology. You can’t honestly think that they’re doing it the exact same way as 70 years ago

 

They aren’t going below issue price especially not the 70s. The things that go below issue price are things that no one wants and struggle to sell and even those stay above issue price for 70s. Barring the world falling apart there’s 0 chance the 70s for these will be below issue price

 

But I didn’t say they are made and coming out the exact same way.

I said there is no real noticeable difference between the end products.

Well not until they changed the reverse.

 

No dear its about research and knowledge and experience....a little background my father worked for the Federal Reserve he was a fed all his life...from errant boy to full agent...47 years....he issued and destroyed money for the government. His connections throught the bank and member banks was well known. As well the US mint whom the bank received money shipments daily to supply banks. Now that was dad ....however his son "me" recieved many benfits from his connections in the system. From the US mint to the BEP.
Coin clubs all thoughtout the 1960's, Plus the fact for damn near 60 + I have done a lot of research,as well published articles.
I am quite confortable on the subject matter of coins and money....and as for the food industry willing to go head with anyone...as I do hold a Federal food and safty licences.
I'm not the bragging type over whos an expert or whos not....everyday is a learning process.
And eveyday I try my best to better my knowledge no matter whats the subject.

Oh forgot to add my father brother my uncle Joe and his wife both worked at the Federal Reserve also....
But the best was a day in the late 50's Dad took me to the bank....down into the vault ,one had to wear a respirator as the inks would burn your eyes . But I only wish a photo could of be taken as one of the guards lifted me up and put my tiny butt on a skid of $100,000. Bills! Correct a skid of Woodrow Wilsons! I remember cracking up the guard when I asked for a sample.....I got a # 2 pencil as a gift lol.

 

That's simply not true if you think theres no noticeable difference between a 50s proof set and one today and you dont even need the design differences to notice it

 

Well, I generally don't notice the difference between a 70 and a 69, or probably even a 68. That doesn't mean there is no difference. Apparently.

 

$500 was cheap.

$900 + with the juice. People love labels.

 

I have that exact same coin. Same grade. Same 1st Strike/100th anniversary label. Maybe I should go on GC!

 

Off the top of our heads....what % of people from CT got through and got the 2021 Morgan and Peace coins ?

For the 2019-S ASE...I'd guestimate it was close to 10% or 1 in 10.

This seems much higher.

 

Laser-etching....stronger, higher-tolerance metals for striking with less variation down to sub-microns.

Back then, Intel had a few thousand transistors on each chip. Today, they have a few billion.

 

The sellers on Ebay are often puzzling. It’s as if they have no idea what they’re doing. For example the trend on these was approaching $700, but within hours trend dropped back to 5-550$. The above is a FDOI label not FS.

 

let's be real here, it's 2022. it's the information age of social media, and everyone has an audience. people were buying and holding gamestop and AMC just last year, not because it was a good investment, but because someone told them to do it to make some money.

I'm sure if I dig and look, there's some coin show, or youtube video, or twitter account or facebook, and a whole bunch of followers, listening to "buy buy buy" from someone and following orders for all kinds of things, maybe even the 2021 D morgan.

it's an idiot parade for real.
Not bashing anyone in particular and none of you, but how many times has someone random come on here asking what seems to be something crazy, like "is this xxxxx (whatever), and inevitable if you search the term it comes back to social media or youtube, and some nonsense. I don't doubt this game is being played over and over again all over everything. someone making a buck misleading people, the old pump and dump....

Anyways. it's the world we live in.

 

And cell phones now have significantly more computing power than the space shuttles did.

I think the ultra modern proofs are a little over done as any little defect slaps you in the face from across the room, but one shouldnt need to see the date to notice the difference between them and older proofs.

 

I don't doubt that the price has been "pumped UP" but the question is will a "dump DOWN" happen or more likely a slow fizzle ?

GME went from $20 to $400 but it's still holding in the $100-$150 range for months with no sizzle or headlines.

The 2019-S ASE is still well-above OIP.

I think 12 or 24 or 36 months from now the price on these coins will be much higher than OIP but lower than the frenzied peak.

 

My point is this....go back 5 years pick 100 US mint issues items in that period . Look at issue price ,and hype prices...and look at where they trend today? Wanta bet most are below issue prices,and way below hype price.
If collecting modern coins is your bag no problem, but I cannot think of 5 that have held value from issue prices,or after market pricing.

 

Very well said....and so true...but how does this effect the hobby? Not a postive experience....I hated reading and research as a kid...now I am give me more to read and research...not to be correct in everything but to have the knowledge. Its very ironic in life how values change... at 10 a new skate board, at 20 a new car!..... at 24 married with a new baby a washer dryer perhaps is the major want and need..... at this point.

 

I think this is different because it's a retro issue of past coins (Peace, Morgan) whereas most of the U.S. Mint and Proof sets are usually of current coins that are minted/struck EVERY YEAR and in such large volumes that demand could never outweigh supply.

The 2009 MMIX UHR has held up a bit. Different coin, different metal, different price.

 

Go back ten years to the 2011 silver eagle 25th anniversary set. Issue price......$300. Selling today (raw) between $500-$600. Graded set more.