News on the Boy Scout commem

Check out some of the bullion investing forum threads here at CT.
Inflation is a big potential in the near future especially if interests rates begin to rise and the US doesn't stop printing so much paper. But that's for the other forum... not this commem thread.

 

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Thanks for the etiquette lesson, krispy. It's sure easy for a discussion to skew off topic, but I'll try to stay on point in the future.

 

I think he means that the silver content will have more value than the numismatic value to which I am inclined to agree based upon what I've seen.

I made the mistake of mixing my own feelings with regard to the piece instead of considering that the design was fairly blah-blah. Had the desing been different, I think the coin MAY have been a bit more popular.

 

Generally speaking, commems are not a good investment, especially with the premium on most of them. The Lincoln dollar is an exception, but anything with Abe on it usually draws great popularity, and very deservingly I might add. Buy a commemorative if you A) like the design, B)feel it is a worthy cause you are supporting, or C) you feel like gambling a little bit.

 

All of the sell outs have had at least a period of time when the price doubled.

 

I think that trend has officially ended with the BSA...here are the most recent 5 completed auctions for non-graded BSA comemms that actually sold...

200465039240
260592920803
200465733851
250621345509
250621339808

Or maybe word of the sell out hasn't gotten around yet? I just don't see there being enough demand to drive the prices up. I would unload these quick, as news of the sellout spreads (if it spreads as most have lost interest in this coin and are no longer paying attention) at least you can shoot for breaking even.

-LTB

 

I can't recall, but I thought the Buffalo dollar didn't have a maximum purchase limit and the wholesales were able to purchase several thousand at a time? If that is correct, the quicker sellout of the Buffalos were (at least partially) likely due to that.

The Buffalo also have a C&C set where they included some gimmick which helped the sales.

 

In the same boat as you. The morderns I've bought just put stored them away. Only one Proof and one unc though per set. Never treat it like an investement. Just part of the collection. Then years later see what happens later.

 

Well the government claims inflation is low. Question is do you trust the government figures? Now, it's just me buuuuut, printing a trillion dollars into the money supply is going to catch up sooner or later. So inflation may not be a problem now but going foward, well that's the future.

 

The danged set was just plain popular. I kept putting off purchasing it and before ya knew it, the darned things were sold out. Danged if I'm gonna pay $150/$170 for one of these. Price has got to come down in the future. Numbers are just way up there....

 

No I don't. If inflation is low why have I been getting letters from my carpet suppliers every three months informing me of an 8 - 10% price for the past 4 years. That's an annual rate of 36% or 243% over the 4 year period.