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Coin Pricing(2008 ASE error VS. "07" Rev. PF Plat)
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<p>[QUOTE="modernman, post: 376995, member: 11789"]Ebay was founded in 95. How many people even had access to the internet for several years after that? How could anyone find out the mintage figure for the 95-W or the buy/sell price? You had to wait months (years?) for the coin magazines and the Redbook to come out with that information, or go to a coin show. Today you can find out just about anything in seconds. With that much information available to the masses, it's very easy to generate hype, provide information, or quickly buy/sell anything.</p><p> </p><p>I believe there is quite a bit of hype (comparing the coin to the 95-W) driving the price of the coin up. You can "day trade" this coin like an internet stock. There is some very serious money chasing the PCGS MS70 08/07 ASE right now.</p><p> </p><p>I have 4 ASE 08/07 coins. I paid $150 (NGC MS69 ER) and $325 (NGC MS70 ER) from an online retailer the first week I found out about the variety. I then got 2 raws from the Mint after reading in another forum that the Mint was shipping the 08/07's in the mid to late April orders. I may sell one of my raw coins if it hits $500. It'll pretty much pay for the other coins I bought and plan to keep in my collection. </p><p> </p><p>For now, the Ebay'ers and a few large coin dealers are setting the prices. It'll be interesting to see what happens when the PCGS Price Guide and the Redbook assigns a value to the 08/07 variety.[/QUOTE]</p><p><br /></p>
[QUOTE="modernman, post: 376995, member: 11789"]Ebay was founded in 95. How many people even had access to the internet for several years after that? How could anyone find out the mintage figure for the 95-W or the buy/sell price? You had to wait months (years?) for the coin magazines and the Redbook to come out with that information, or go to a coin show. Today you can find out just about anything in seconds. With that much information available to the masses, it's very easy to generate hype, provide information, or quickly buy/sell anything. I believe there is quite a bit of hype (comparing the coin to the 95-W) driving the price of the coin up. You can "day trade" this coin like an internet stock. There is some very serious money chasing the PCGS MS70 08/07 ASE right now. I have 4 ASE 08/07 coins. I paid $150 (NGC MS69 ER) and $325 (NGC MS70 ER) from an online retailer the first week I found out about the variety. I then got 2 raws from the Mint after reading in another forum that the Mint was shipping the 08/07's in the mid to late April orders. I may sell one of my raw coins if it hits $500. It'll pretty much pay for the other coins I bought and plan to keep in my collection. For now, the Ebay'ers and a few large coin dealers are setting the prices. It'll be interesting to see what happens when the PCGS Price Guide and the Redbook assigns a value to the 08/07 variety.[/QUOTE]
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Coin Pricing(2008 ASE error VS. "07" Rev. PF Plat)
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