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<p>[QUOTE="krispy, post: 857407, member: 19065"]Yep, skewed view like many here thinking they are going to do well buying up loads of these coins since the mintage is so large and household limit is allowing individuals to scoop up so many of them. In time we will all see the BSA fail/return to bullion or slightly more than spot price (unless TPG graded in 69/70 grades or some specific attractive and attributed error) in about a year's time. Likewise, the number of registered Scouts: past, present and future, doesn't make a darned bit of logic either as you have no idea how many know of the BSA coin, how/where to get one, care for one, collect coins, are able or willing to pay the retail price for one or the proposed premium of $55+ after the US Mint sells out and they are only available on the secondary market, which again reintroduces the problem of those Scouts knowing/caring where and how to obtain one via those channels... The only statistics you should be relying on the the numbers of BSA coins minted compared to the number of modern silver commems that do not over time retain any significant premium. When the mintage is this high and the coin hasn't sold out in a matter of hours or days from the Mint, the demand is not there. The design, as these CT threads attest, is not of the finest, most eye appealing to the discerning and clued-in numismatist / collectors... and if buying to flip in hopes of a profit / recouping your costs for the BSA(s) you intend to keep in your personal collection, the folly of investing in coins as an investment will come back to haunt you. But as I have told Danr and the other optimists of these threads, I hope for your sakes that I am wrong and you all do well with your coins... good or bad, I hope to hear of your successes and failures alike going forward after the coin sells out as it surely will, but there is no guarantee of anything after that.[/QUOTE]</p><p><br /></p>
[QUOTE="krispy, post: 857407, member: 19065"]Yep, skewed view like many here thinking they are going to do well buying up loads of these coins since the mintage is so large and household limit is allowing individuals to scoop up so many of them. In time we will all see the BSA fail/return to bullion or slightly more than spot price (unless TPG graded in 69/70 grades or some specific attractive and attributed error) in about a year's time. Likewise, the number of registered Scouts: past, present and future, doesn't make a darned bit of logic either as you have no idea how many know of the BSA coin, how/where to get one, care for one, collect coins, are able or willing to pay the retail price for one or the proposed premium of $55+ after the US Mint sells out and they are only available on the secondary market, which again reintroduces the problem of those Scouts knowing/caring where and how to obtain one via those channels... The only statistics you should be relying on the the numbers of BSA coins minted compared to the number of modern silver commems that do not over time retain any significant premium. When the mintage is this high and the coin hasn't sold out in a matter of hours or days from the Mint, the demand is not there. The design, as these CT threads attest, is not of the finest, most eye appealing to the discerning and clued-in numismatist / collectors... and if buying to flip in hopes of a profit / recouping your costs for the BSA(s) you intend to keep in your personal collection, the folly of investing in coins as an investment will come back to haunt you. But as I have told Danr and the other optimists of these threads, I hope for your sakes that I am wrong and you all do well with your coins... good or bad, I hope to hear of your successes and failures alike going forward after the coin sells out as it surely will, but there is no guarantee of anything after that.[/QUOTE]
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2010 Boy Scouts - did I buy enough?
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