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25th ASE Anniversary Thread, Grading Fees & Results
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<p>[QUOTE="david2400, post: 1312067, member: 34223"]I don't think it has much to do with the 70s being handed out - it is a simple matter of supply and demand... There are a lot of people who bought these to flip, and most of those sets are coming out right now - the same thing happened with the UHR $20 gold coins two years ago. Those coins, which were selling for slightly over mint price in 2009 and even for a while after they went off sale, are now selling for $3000 for ungraded examples and $4500+ for 70s. </p><p><br /></p><p>There are literally millions of people who collect ASEs, and remember there are only 100k of these sets available. If you can hold on to these for a year or two, I think you will see these sell for very high premiums again. If I had the funds available to pick up some sets now while the prices are lower because of the people flooding the market I would - but I will sit on the sets I did buy and let the prices appreciate, except for maybe selling a set or two of 69s if I can get a decent price - meaning I am not setting these up at $9.99 start bids - I am asking for what I want - if I get it great, if not I will wait.</p><p><br /></p><p>For what's it's worth, I'm an economist by training so I think I have a reasonable take on supply and demand fluctuations (at least I hope so).[/QUOTE]</p><p><br /></p>
[QUOTE="david2400, post: 1312067, member: 34223"]I don't think it has much to do with the 70s being handed out - it is a simple matter of supply and demand... There are a lot of people who bought these to flip, and most of those sets are coming out right now - the same thing happened with the UHR $20 gold coins two years ago. Those coins, which were selling for slightly over mint price in 2009 and even for a while after they went off sale, are now selling for $3000 for ungraded examples and $4500+ for 70s. There are literally millions of people who collect ASEs, and remember there are only 100k of these sets available. If you can hold on to these for a year or two, I think you will see these sell for very high premiums again. If I had the funds available to pick up some sets now while the prices are lower because of the people flooding the market I would - but I will sit on the sets I did buy and let the prices appreciate, except for maybe selling a set or two of 69s if I can get a decent price - meaning I am not setting these up at $9.99 start bids - I am asking for what I want - if I get it great, if not I will wait. For what's it's worth, I'm an economist by training so I think I have a reasonable take on supply and demand fluctuations (at least I hope so).[/QUOTE]
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