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Buy 2010 America the Beautiful 5 Ounce Silver 5 Piece Set at Close-to-Spot Price?
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<p>[QUOTE="howboutatrade, post: 1153541, member: 10387"]Forgetting many variables in your analysis...big one being that all coins will obtain the premium for being graded...2nd one being that only current 11 AP's get coins...3rd one being demand for parks beyond Yosemite, Yellowstone, and Grand Canyon will be as big, and finally that the AP's will continue to sell to the public which is not their business....all the above will fracture the total $3mil you estimated....</p><p> </p><p>So how far will it fracture and will that leave enough room for the risk to get MS69DMPL which is only true money that will stay with these graded coins...almost down to that already with the small, limited release of the first 5.</p><p> </p><p>Just checked ebay...Hot Springs ungraded $290, Hot Springs MS68DMPL $296 (loss when include grading fee), Hot Springs MS69 PL $400 (make $50 after grading fees, time, etc and that does not include ebay fees, paypal fees, etc....not much profit here), Hot Springs MS69DMPL $600-700 which should leave profit after all fees. Assuming ongoing National Parks will have similar performance to Hot Springs on average</p><p> </p><p>How many new coins will grade MS69DMPL and how many lower level distributors are going to risk fees when 1 notch down to MS68DMPL or even MS69PL is a losing proposition?[/QUOTE]</p><p><br /></p>
[QUOTE="howboutatrade, post: 1153541, member: 10387"]Forgetting many variables in your analysis...big one being that all coins will obtain the premium for being graded...2nd one being that only current 11 AP's get coins...3rd one being demand for parks beyond Yosemite, Yellowstone, and Grand Canyon will be as big, and finally that the AP's will continue to sell to the public which is not their business....all the above will fracture the total $3mil you estimated.... So how far will it fracture and will that leave enough room for the risk to get MS69DMPL which is only true money that will stay with these graded coins...almost down to that already with the small, limited release of the first 5. Just checked ebay...Hot Springs ungraded $290, Hot Springs MS68DMPL $296 (loss when include grading fee), Hot Springs MS69 PL $400 (make $50 after grading fees, time, etc and that does not include ebay fees, paypal fees, etc....not much profit here), Hot Springs MS69DMPL $600-700 which should leave profit after all fees. Assuming ongoing National Parks will have similar performance to Hot Springs on average How many new coins will grade MS69DMPL and how many lower level distributors are going to risk fees when 1 notch down to MS68DMPL or even MS69PL is a losing proposition?[/QUOTE]
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Buy 2010 America the Beautiful 5 Ounce Silver 5 Piece Set at Close-to-Spot Price?
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