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<p>[QUOTE="Long Beard, post: 8174447, member: 108674"]I agree to a point. Well, mostly to be honest. There are many which I've added that were because I simply love the design or the historical significance of the specimen. There were the frustrations felt when I could not obtain one for a long list of reasons stemming from the mint's system or limits. Yet, to your point- and in my favor- one in particular is the 2020 Mayflower releases, which I could not get a single one on opening day. I got the reverse proof medal two weeks ago eleven dollars below the issue price, almost $20 if you add the shipping they would have charged. I won't pay the huge premiums those greedy individuals sell them for in the market place. Those West Point quarters? Greed of the seller and foolishness of the buyer greatly reduced the chances of finding even decent examples in circulation. So back in late 2019 I started buying PCGS MS65 examples paying a low of $19 and high of $31. I have 6 of the ten (4-2019 and 2-2020) and the prices are dropping towards my figures on a few. The remaining will follow suit in time. The point I'm offering, I do not fault the United States Mint. I blame the sellers in the secondary intent on turning an $85 dollar expenditure into a $300 or more profit by hyping them up as "rare" to the inexperienced and new collectors. They are not. Finally, what I think people overlook, the mint sees what collectors are paying for current releases on EBAY. More and more are sold before they even ship or strike. So, as Isaac Newton famously put it, "Every action has an equal and opposite reaction.". The mint is simply closing the gap between what they charge and what it's potentially going to resell for. What business would not?[/QUOTE]</p><p><br /></p>
[QUOTE="Long Beard, post: 8174447, member: 108674"]I agree to a point. Well, mostly to be honest. There are many which I've added that were because I simply love the design or the historical significance of the specimen. There were the frustrations felt when I could not obtain one for a long list of reasons stemming from the mint's system or limits. Yet, to your point- and in my favor- one in particular is the 2020 Mayflower releases, which I could not get a single one on opening day. I got the reverse proof medal two weeks ago eleven dollars below the issue price, almost $20 if you add the shipping they would have charged. I won't pay the huge premiums those greedy individuals sell them for in the market place. Those West Point quarters? Greed of the seller and foolishness of the buyer greatly reduced the chances of finding even decent examples in circulation. So back in late 2019 I started buying PCGS MS65 examples paying a low of $19 and high of $31. I have 6 of the ten (4-2019 and 2-2020) and the prices are dropping towards my figures on a few. The remaining will follow suit in time. The point I'm offering, I do not fault the United States Mint. I blame the sellers in the secondary intent on turning an $85 dollar expenditure into a $300 or more profit by hyping them up as "rare" to the inexperienced and new collectors. They are not. Finally, what I think people overlook, the mint sees what collectors are paying for current releases on EBAY. More and more are sold before they even ship or strike. So, as Isaac Newton famously put it, "Every action has an equal and opposite reaction.". The mint is simply closing the gap between what they charge and what it's potentially going to resell for. What business would not?[/QUOTE]
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