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<p>[QUOTE="Leadfoot, post: 178927, member: 2972"]If you like them, then more power to you, but to compare these coins valuation and rarity to more classic coins is disingenuous. These are not circulating coinage nor do they share the design of circulating coinage, and thus the demand will always be lower. In a bit more detail, there are a few problems I have with the logic you used in your post...</p><p><br /></p><p>First, you compare the 2006 Platinum issues to Goodacre Sacs. It is not fair to compare bullion coins to circulating coins as the collecting base (and thus the demand, and thus the price) is different. Compare the 2006 to the valuation of other rare bullion coins for a more fair comparison in valuation. I think you will find it is not quite the same.</p><p><br /></p><p>Second, unlike the proof coins of a hundred years ago, these coins will never be circulated and virtually none will become impared over time. Thus in the future, these coins are still likely to be all around and still all in very high grades. Both of these factors decrease their future potential, and comparing them to the proofs of a hundred years ago is unfair.</p><p><br /></p><p>Lastly, what if in 2007 the mitages go even lower than 2006 levels? Then the key date no longer becomes the key date and the price will go down. Always a concern when it comes to collecting series still being produced. This concern is not valid for more classic coinage (but is very much true for Sacs).</p><p><br /></p><p>Personally, I vew these coins as the US Mint trying to be the Franklin Mint and in a hundred years time these coins will be viewed as bullion. Much of the hysteria is fueled by speculation and not any real numismatic interest, and unless the price of platinum takes off the gains will be shortlived. </p><p><br /></p><p>Just my opinion, and please don't take it as anything more than just that because in the end it is what YOU like to collect that matters...Mike[/QUOTE]</p><p><br /></p>
[QUOTE="Leadfoot, post: 178927, member: 2972"]If you like them, then more power to you, but to compare these coins valuation and rarity to more classic coins is disingenuous. These are not circulating coinage nor do they share the design of circulating coinage, and thus the demand will always be lower. In a bit more detail, there are a few problems I have with the logic you used in your post... First, you compare the 2006 Platinum issues to Goodacre Sacs. It is not fair to compare bullion coins to circulating coins as the collecting base (and thus the demand, and thus the price) is different. Compare the 2006 to the valuation of other rare bullion coins for a more fair comparison in valuation. I think you will find it is not quite the same. Second, unlike the proof coins of a hundred years ago, these coins will never be circulated and virtually none will become impared over time. Thus in the future, these coins are still likely to be all around and still all in very high grades. Both of these factors decrease their future potential, and comparing them to the proofs of a hundred years ago is unfair. Lastly, what if in 2007 the mitages go even lower than 2006 levels? Then the key date no longer becomes the key date and the price will go down. Always a concern when it comes to collecting series still being produced. This concern is not valid for more classic coinage (but is very much true for Sacs). Personally, I vew these coins as the US Mint trying to be the Franklin Mint and in a hundred years time these coins will be viewed as bullion. Much of the hysteria is fueled by speculation and not any real numismatic interest, and unless the price of platinum takes off the gains will be shortlived. Just my opinion, and please don't take it as anything more than just that because in the end it is what YOU like to collect that matters...Mike[/QUOTE]
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