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<p>[QUOTE="Lehigh96, post: 670358, member: 15309"]Doug,</p><p><br /></p><p>Where are you looking? If you look at Heritage Auction archives, the prices that Paddy listed are correct. However, I don't believe that these coins have a positive growth potential. Using overall mintage figures to determine future value is very dangerous IMO. While the mintage of this coin is only 25,000, the coin is only collectible in the SMS 69 and 70 grades. Every time a coin is submitted to NGC or PCGS, the population in these grades increases making it less rare.</p><p><br /></p><p>For a better example of what I am talking about, look at this auction link from Heritage. </p><p><br /></p><p><a href="http://coins.ha.com/common/view_item.php?Sale_No=29083&Lot_No=25134#photo" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/common/view_item.php?Sale_No=29083&Lot_No=25134#photo" rel="nofollow">http://coins.ha.com/common/view_item.php?Sale_No=29083&Lot_No=25134#photo</a></p><p><br /></p><p>Take a look at the Previous Prices from Heritage Auctions. They have steadily declined since 2007. If you look at the population of this coin, it is anything but rare with a total population of (965/166). Consider the fact that there are thousands of sets out there that have not been submitted to the TPG's with the potential to grade 69 or 70. If you buy one of these now at the current price, what will the coin be worth 10 years from now when the populations are double what they are presently. The only thing that can cause an increase in price of these coins is a dramatic increase in demand. I don't rule this possibility out because most of the newer collectors who buy modern mint products eventually find out about the registry system. The registries have a significant impact on the demand of these items and indirectly influence the prices.</p><p><br /></p><p> BTW Paddy, do you have any that are toned? I am interested in this issue if it has toning and is registry quality.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 670358, member: 15309"]Doug, Where are you looking? If you look at Heritage Auction archives, the prices that Paddy listed are correct. However, I don't believe that these coins have a positive growth potential. Using overall mintage figures to determine future value is very dangerous IMO. While the mintage of this coin is only 25,000, the coin is only collectible in the SMS 69 and 70 grades. Every time a coin is submitted to NGC or PCGS, the population in these grades increases making it less rare. For a better example of what I am talking about, look at this auction link from Heritage. [URL]http://coins.ha.com/common/view_item.php?Sale_No=29083&Lot_No=25134#photo[/URL] Take a look at the Previous Prices from Heritage Auctions. They have steadily declined since 2007. If you look at the population of this coin, it is anything but rare with a total population of (965/166). Consider the fact that there are thousands of sets out there that have not been submitted to the TPG's with the potential to grade 69 or 70. If you buy one of these now at the current price, what will the coin be worth 10 years from now when the populations are double what they are presently. The only thing that can cause an increase in price of these coins is a dramatic increase in demand. I don't rule this possibility out because most of the newer collectors who buy modern mint products eventually find out about the registry system. The registries have a significant impact on the demand of these items and indirectly influence the prices. BTW Paddy, do you have any that are toned? I am interested in this issue if it has toning and is registry quality.[/QUOTE]
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