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$720 for a 2021 CC Morgan?? What is going on??
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<p>[QUOTE="Gam3rBlake, post: 8335611, member: 115909"]Oh no I wasn’t referring to just this auction.</p><p><br /></p><p>I was referring to the fact that in general these 2021 Morgans & Peace Dollars sell for a lot more than the $85 retail price because there seems to be a huge demand which means a lot of people like them.</p><p><br /></p><p>Even if you go to APMEX or JM Bullion you’ll see they tend to sell for much higher than the $85 that the US Mint charged.</p><p>[ATTACH=full]1477873[/ATTACH] </p><p>That is why I said people seem to love them. I wasn’t referring to these 2 coins with bids way over normal.</p><p><br /></p><p>These coins still sell all day for $275 or so in MS70 on Ebay & on the two websites I mentioned above.</p><p><br /></p><p>If I put my full MS70 set on Ebay I am confident I could get more than I paid for the coins + the grading fees + shipping & insurance.</p><p><br /></p><p>Usually when a coin sells for more than the retail price it means demand is strong. So even if these aren’t worth the $700 bid even a $275 valuation is still an indicator of strong demand.[/QUOTE]</p><p><br /></p>
[QUOTE="Gam3rBlake, post: 8335611, member: 115909"]Oh no I wasn’t referring to just this auction. I was referring to the fact that in general these 2021 Morgans & Peace Dollars sell for a lot more than the $85 retail price because there seems to be a huge demand which means a lot of people like them. Even if you go to APMEX or JM Bullion you’ll see they tend to sell for much higher than the $85 that the US Mint charged. [ATTACH=full]1477873[/ATTACH] That is why I said people seem to love them. I wasn’t referring to these 2 coins with bids way over normal. These coins still sell all day for $275 or so in MS70 on Ebay & on the two websites I mentioned above. If I put my full MS70 set on Ebay I am confident I could get more than I paid for the coins + the grading fees + shipping & insurance. Usually when a coin sells for more than the retail price it means demand is strong. So even if these aren’t worth the $700 bid even a $275 valuation is still an indicator of strong demand.[/QUOTE]
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$720 for a 2021 CC Morgan?? What is going on??
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