25th Anniversary Silver Eagle Set PRICE WATCH

I have seen a few sets of all 70's go for high 1500's on ebay .

 

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I have a few rookie cards and in this economy I can't get what I paid for them 20 years ago. There's no PM in those cards and in this economy, PM's are king.

 

Way overpriced!

 

this set of 70's just ended at $1591 http://www.ebay.com/itm/31036187430...X:IT&_trksid=p3984.m1423.l2649#ht_3122wt_1141

 

good job. I looked at your ebay name and remember having purchased from you in the past. Small world.

 

sorry that was not my listing. i was just pricing the sets

 

here is another seller listing that a set of 70's ended at $1551 http://www.ebay.com/itm/36041464824...AX:IT&_trksid=p3984.m1423.l2649#ht_1782wt_998

 

I would also like to have the Lincoln Chronicles set for $60.00!!!!!(BACK TO PRICE WATCH)

 

Forget the Lincoln Chronicles. I'd like to have the Gold UHR for $1,400.00. Now, back to Price Watch. Sorry for the sidetrack.

 

Looks like the sealed boxes of 5 have found some footing in the $3,700 - $3,800 area. I did see one go much lower than that earlier, but it was a BIN at $3,500 so clearly someone wanted out badly. Credit card bills hitting the weak hands would be my guess.

 

When silver went up just this year to $45-$49 what happen to the premium on silver coins? It went down, not up. 2009 Silver Panda had more than a 100% premium before silver shot up and had less than an 70% premium at silvers peak. When silver hit 45+ lots of nice 90% numismatic silver was no longer numismatic and sold as junk. numismatic premiums don't track the silver price at all.

 

Lol, the same people who only offered me $500 per unopened set just a week ago. I guess they are wanting to keep any profit for themselves.

Chris

 

Short term no they don't. Long term it tends to put more money into the hobby and rare coins do get bumped, but it would never be that drastic, and would take a year or two.

 

Pretty much all the junk I bought this year and last year was standing liberty quarters and different kinds of Barber heads, even got a few seated libertys at melt price. all coins that previous sold for a premium over melt.

 

OOOOOOOOOOOk.... Everything you are talking about was worth crap before silver went up, which is why it is cheap now. So somehow you are comparing old circulated 90% silver coinage with a set of .999 fine silver coins with a limited production of 100,000? Yeah I think we have gotten to the root of the problem here and think everything has been said.

Getting back on topic, looks like prices are about the same as they were yesterday, and the day before that...

 

My only point was melt price and the premium percentage over melt do not track each other at all.

 

Guano is correct about this point. I have a friend who works in a coin shop where the owner was buying a ton of junk silver and all they did was do the old quick turnaround. They didn't bother to search for keys or varieties. They were only concerned with the coins as they pertained to bullion and spot. He told me there was more money in getting them in and out real quick

 

I have always been of the idea that when the economy or world events are shaky you want to own/sell bullion, when things are going good then you want to own/sell collectables. Coins, cars or any other collectable will surpass median in good times, when times are bad owning the median is just fine. 20-25 years from now if things are bad I will unload my straight bullion, if we are in a boom I will sell my collectable and sit on the bullion. Right now I see good deals on decent collectable coins with minimal premiums so I am buying right now, I would think if things get better in the next few years silver might drop 20-30% at which time I will become a buyer of bullion.

No really wrong way to do it as long as the timing is done right.

 

The average number of "2011 silver eagle set" eBay open listings has been increasing by about 100 every two or three days recently...currently at 1,198 individual listings, up from around 600-700 two weeks ago. Prediction: we'll see this number increase through the end of the year, topping out at over 2,000 individual listings on average, for 25th Anniversary sets and related items.

 

^^Just like the ATB coins...if I had more time to waste I would quote some of your (all of you) post about the ATB coins from a few months ago.