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<p>[QUOTE=&quot;GDJMSP, post: 47020, member: 112&quot;]Well I&#039;ll tell ya - there&#039;s a lot of folks out there who consider the ASE, AGE &amp; APE as nothing but hunks of precious metal - bullion. To them the coins are no different than silver, gold &amp; platinum rounds. And to be quite honest, that&#039;s what the US Mint intended them to be &amp; sells them as -- nothing more.</p><p><br /></p><p>But back in 1995 the mint got a wake up call. It happened when they issued the &#039;95-W ASE. Calls and letters flooded the mint complaining about them issuing this coin and how they went about it. The mint wasn&#039;t aware of it, but there were a great many people out there collecting sets of these coins. And of course the only way you could get the &#039;95-W was if you bought the &#039;95 AGE Proof set. But right at $1,000 that was a bit much for most folks to handle.</p><p><br /></p><p>Ever since then, the mint and the coin market have been aware of the collector base for these coins. And they have become increasingly more popular every year. But about 2 yrs ago, the prices for the slabbed bullion coins fell right through the floor. They dropped by 50% or more in a matter of months. This was of course due to the huge numbers that were being slabbed, which was of course due to the high prices the coins had been bringing. </p><p><br /></p><p>It&#039;s a typical story in the coin market. Prices creep up, then they gain speed and move up even faster. And by the time that Average Joe US Coin Collector becomes aware of just how high the prices are they jump on board the bandwagon - the market for the items has peaked and prices begin to fall because of the huge influx of new material into the market.</p><p><br /></p><p>Of course when the prices fall, those who were claiming all along that the coins were just bullion feel that they are proven correct in their thinking. But there&#039;s something they never seem to consider. The story is the same will all coins - it happens exactly the same way. History repeats itself again &amp; again &amp; again. </p><p><br /></p><p>But just as the collector base is as real as sunshine for other coins, it&#039;s just as real for the American Eagle coins. Those collectors ARE out there. And they are just as passionate about the coins they collect as any other collector. And the market for the American Eagle coins will cycle up and down just as the market does for other coins. For it&#039;s the people, the collectors, who make the market - not the coins.[/QUOTE]</p><p><br /></p>

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