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<p>[QUOTE="cladking, post: 2496777, member: 68"]I really don't know where you can acquire quantities of Ike even approaching these levels. Some of these dates do exist in bag quantities but dates like the '76 tI probably do not and of course the '73's never existed in bags. Most of the coins to fill such orders would have to come from mint sets and youmay not appreciate just how few mint sets survive and how thin the market is on these. The big wholesalers who buy the sets periodically cut them up and sell the singles so I doubt any of them ever have more than a few hundred of the mint sets in stock. Dramatically higher prices might have the opposite effect of increasing their supply as some would be sellers would hold onto them for even higher prices. If a '73 mint set can go from $9.25 to $40 virtually overnight dealers might decide to hold onto their sets rather than ship them. It's not like the extra $30 on a few sets is going to make them rich. </p><p> </p><p>My guess is that you could offer 50% over bid and you'll get about 500 sets and a 50% increase in bid. When you increased your offer 50% again you'd get only another 300 sets and a 60% increase in bid. I don't see being able to fill an order for 10,000. </p><p> </p><p>It's far far worse with the '76 type I than the '73. Only about 5% of mint sets have a decent dollar. By decent, I just mean a coin you can send out to fullfill an order for a "BU" and not come back. '75 mint sets are even tougher than '73 and you'd need 200,000 of them!!!</p><p> </p><p>The coins are far tougher than Morgans and there are lots of Morgans in bags that can be purchased at the right price. Only some Ikes are available in quantity. We can't see that some are not because the demand is so weak that the miniscule supply is more than adequate.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 2496777, member: 68"]I really don't know where you can acquire quantities of Ike even approaching these levels. Some of these dates do exist in bag quantities but dates like the '76 tI probably do not and of course the '73's never existed in bags. Most of the coins to fill such orders would have to come from mint sets and youmay not appreciate just how few mint sets survive and how thin the market is on these. The big wholesalers who buy the sets periodically cut them up and sell the singles so I doubt any of them ever have more than a few hundred of the mint sets in stock. Dramatically higher prices might have the opposite effect of increasing their supply as some would be sellers would hold onto them for even higher prices. If a '73 mint set can go from $9.25 to $40 virtually overnight dealers might decide to hold onto their sets rather than ship them. It's not like the extra $30 on a few sets is going to make them rich. My guess is that you could offer 50% over bid and you'll get about 500 sets and a 50% increase in bid. When you increased your offer 50% again you'd get only another 300 sets and a 60% increase in bid. I don't see being able to fill an order for 10,000. It's far far worse with the '76 type I than the '73. Only about 5% of mint sets have a decent dollar. By decent, I just mean a coin you can send out to fullfill an order for a "BU" and not come back. '75 mint sets are even tougher than '73 and you'd need 200,000 of them!!! The coins are far tougher than Morgans and there are lots of Morgans in bags that can be purchased at the right price. Only some Ikes are available in quantity. We can't see that some are not because the demand is so weak that the miniscule supply is more than adequate.[/QUOTE]
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