Let’s buy the remaining S-Mint ATB rolls, so we can see the final mintages and let the seconary market do its thing. At $18.95/roll from the mint, hard to see how you can lose.
They are beautiful, but I'm dubious about the investment potential of modern clads. The silver proof sets, that's another matter...
The way I see it, the collecotrs that take interest down the line are going to be looking to fill album holes, so you'll probably be able to unload them with a small premium, one at a time. I don't know the mintage numbers for 2012, but I'm willing to guess there's more than enough to go around. The other possibility is to search and submit for registry collectors, trying to score some 67s and 68s. But that market's pretty small as well. Still, a handful of really high grade coins might net you a few hundred after the slabbing fees. I'm going to stick to the silver proofs.
Could be, but I like the price and mintages of these S-Mints. Although I traditionally like silver coins, I'm a little leery of them at these inflated silver prices - could lose big.
Even though I'm leery of silver prices, I like the silver proofs due to their low mintages. Time will tell, but I think you get more "bang for the buck" with the S-Mints.
Yeah, there is that. I don't worry about it much since I only collect to collect. Somebody else will profit from my collection after I'm dead.
Buy them all in one fell swoop and it's only one shipping charge. That's what I did. Only $4.95 for the whole shooting match. Order enough other stuff and you get free shipping.
I also think it's unlikely. I was seeing completed auctions on eBay for "S" rolls of El Yunque for $65.76, $70.00, etc.... The "S" rolls of the other quarters are currently in the $25 range... I suspect they'll increase when they reach sold-out status also.
Didn't say its likely sir, just pointing out its not risk proof. With all of the huge issues of specialty quarters the last 15 years, why are we so sure this coin CANNOT lose money? Remember, these thigs would have to go up 3-5% a year to simply keep up with inflation, let alone generate a profit. That would mean in 10 years these rolls have to be worth $28.05, (ignoring postage), for you to break even. Is that guaranteed? IDK.
True, there is always a degree of risk. Don't we weigh the risk? I see the risk as extremely low that one will lose a significant amount on these and the potential a significant profit could be made. P&D’s sell for $1 each everywhere, the S’s should sell for much more than the P&D’s. Heck, even at $1 each, that’s $40/roll.
$1 each is not the same as $40 a roll. Mathematically it is, but people will pay much more for one coin than a roll of them. Heck, I am not saying not to do it, just pointing out that some super duper rare quarter will come out making these look common, or interest may wane in the series, etc etc. The exact same expectation of good profits drove bicentennial sales, and look at their values today. I guess I am just too old, or remember too much history, to get too excited about the potential of modern issues. Yes, there will be scarcer ones, but IMHO were are still is a downward slope of sales of these items. Until such time as we have a 1936 type of event, I believe mintages will be on an ever downward spiral. in such an environment, any scarcity is only very temporary. I am also expecting the 1995 ASE to be surpassed someday as well, so I would never invest in that coin either. Just my opinion man, no offense meant.
I understand your hesitation since, yes, there have been many modern issues that turned out to be poor investments. Yet, many have done well. I speculate a lot on modern issues and have made more on moderns than any classic coinage. Although as stated above, I like low mintage silver, I do buy a few clad issues that I like. As for making quick profits, I’ve done that, but after the dust settles, I look more at long term potential, due to low mintage. As for declining sales, this is a bad economy, so I expect this – long term, with a renewed economy, sales should increase and we could look back at all the low mintage key or semi key coins made during this period. Just one possible outcome that has played out before.
You first. Submit an order for 1,000 rolls of each and see if its accepted. If it is, then submit another order for 1,000 rolls of each until you force the sell out. You'd control the market and could literally name your own price.