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25Th ASE Sets Going For $850
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<p>[QUOTE="mikem2000, post: 1300110, member: 30574"]Hi Chris,</p><p><br /></p><p>Yes, I do believe the price of the 95W will crash. I think there were around 30k of those buggers minted and they are trading for around $2900. That is a lot of money for a very common coin.</p><p><br /></p><p>So I think we can all agree that the price is supported by huge collector demand, and not rarity.</p><p><br /></p><p>A true rare coin will always be a rare coin, but collector demand is fickle and can change.</p><p>What I see happening to kill the demand is the Mint flooding the market with more and more special sets. Eventually supply will catch up to demand on these "special" sets and coins and prices will begin to drop. As prices are dropping, interest and demand will continue to fade. Because of the huge amount of supply, the crash will be swift. Collectors attitudes will change and many will start seeing ASE's for what they truly are, A bullion coin, plain and simple. </p><p><br /></p><p>Mike[/QUOTE]</p><p><br /></p>
[QUOTE="mikem2000, post: 1300110, member: 30574"]Hi Chris, Yes, I do believe the price of the 95W will crash. I think there were around 30k of those buggers minted and they are trading for around $2900. That is a lot of money for a very common coin. So I think we can all agree that the price is supported by huge collector demand, and not rarity. A true rare coin will always be a rare coin, but collector demand is fickle and can change. What I see happening to kill the demand is the Mint flooding the market with more and more special sets. Eventually supply will catch up to demand on these "special" sets and coins and prices will begin to drop. As prices are dropping, interest and demand will continue to fade. Because of the huge amount of supply, the crash will be swift. Collectors attitudes will change and many will start seeing ASE's for what they truly are, A bullion coin, plain and simple. Mike[/QUOTE]
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