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<p>[QUOTE=&quot;John Burgess, post: 7806954, member: 105098&quot;]Yeah..... I mean, the 2019 ERP SAE, Selling now raw for $1100-$1200 on ebay, same if PR69,&nbsp; but about $2000-$2600 if PR70. I&#039;d say it has longevity at this point though, it&#039;s past it&#039;s &quot;hot&quot; period, and it&#039;s still hanging in there although, Had I sold it back then before Christmas 2019 I&#039;d have gotten $1600-$1800 for it raw.</p><p><br /></p><p>the 2020W V75, a good $300-$350 now a year later at the moment, after they were sold from the mint they were selling near $500 or so.</p><p><br /></p><p>For sure they will depreciate in value below their peak, but will it depreciate in value enough to make people want to kick themselves for holding out? Neither of the above cases have me kicking myself for buying them. But to be honest, I have had my fair share of kicking myself for buying other items in the past that didn&#039;t hold up to the hype. Pride of Two Nations silver set is the most recent that comes to mind, two years later and you&#039;d be lucky if it&#039;s a break even proposition for what it cost from the mint, graded PR70 you might make $30 on it now.</p><p>Beautiful coins, that I love having in my collection to be sure, especially that maple leaf. But in hindsight, I think I&#039;d of been better served skipping the pride set and using that money to have bought 2 more 2019 S ERP SAE&#039;s. and that&#039;s where I kick myself.</p><p><br /></p><p>of course both those items had reasonable mint pricing. the 2019S ERP was $65.95</p><p>the 2020 W V75 was $83.00.&nbsp; These morgan and peace dollars aren&#039;t even 1 troy oz, and are $85....</p><p><br /></p><p>I got turned off by the weight and cost of them, as well as that they weren&#039;t done on the 90% planchets like the originals and struck on the commemorative planchets once I figured that part out. The mint does produce losers but you wouldn&#039;t know that from the hype of the releases. </p><p><br /></p><p>I see plenty of business and speculator interest at the moment, I&#039;m not seeing the same enthusiasm from collectors that would add them to their collections. Sure they exist, but 175K of them.. maybe worldwide... they aren&#039;t exactly advertising it&#039;s not 1 troy oz, or the 90% planchets. A collector is going to figure that part out and decide for themselves if they want it in their collection when it&#039;s not 1oz silver and it&#039;s not 90% silver and true to the originals either. Time will tell of course, I&#039;ve been wrong before and I could be wrong here. People are buying up silver just to buy up silver, and the $85 from the mint isn&#039;t bad (yeah it&#039;s bad, but people will pay it to get some silver from what I see with the way thing are, people are just going nuts for silver) but will they pay $110 -$150 in the long haul for less than an ounce in silver weight? Double the mint price? I don&#039;t know. I doubt it but they could run up in the interim. Right now they are selling on ebay for $150-$170 each just about double mint price. it could go higher, but I can&#039;t imagine it staying there and see it coming down, maybe even down to the mints price...and if the dealers get stuck with them, they could technically become &quot;bullion prices&quot;, just to move them out of their inventory.</p><p><br /></p><p><br /></p><p>Do I believe there&#039;s 175K morgan dollar collectors, or 200K peace dollar collectors in the world? No I don&#039;t believe that at all. And I don&#039;t believe these are likely to be &quot;must haves&quot; for a morgan or peace dollar collector, but more of a novelty or side set.&nbsp; I&#039;d guess there are somewhere between 100K and 1 million active coin collectors out there in the world of which just a small subset of the total of them collects any certain thing in numismatics like morgan or peace dollars. Sure there are people that collect everything willynilly, and then there are completists, that&#039;s a subset of coin collectors also, but the vast majority of coin collectors specialize in just one, or a couple, coin types in the field of numismatics, some of which specialize in Morgan dollars.</p><p>&nbsp;</p><p>No, I don&#039;t believe there&#039;s 175K that would like to have the set, but I do believe there&#039;s at least 175K people that will buy them from the hype, or sell them using the hype,&nbsp; and then another 175K that will say thank you when someone else buys it for them as a gift at an inflated price and then a year later takes it to the coin shop to get what they can for it because it&#039;s just sitting around and they&#039;d like to use the money for something else that they would rather have that&#039;s a better fit to their collection. I don&#039;t think it has any sort of longevity though.</p><p><br /></p><p>Time will tell and we will see. I&#039;m not trying to talk anyone out from doing what they want or collecting whatever they like, just saying I see plenty of seller inventory demand, and not so much buyer/collector demand and that usually means sellers are going to get stuck holding the bag at some point and dump at cost to move on to the next hot item.[/QUOTE]</p><p><br /></p>

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