Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Does anyone save clad half dollars?
>
Reply to Thread
Message:
<p>[QUOTE="NorthKorea, post: 2496817, member: 29643"]BTW, you can pick up 1973 mint sets for $8-$10... probably less, but if you want a constant supply, $8-$10. Given a 10% success rate on 64/65 submissions, I'd say at least 40% (probably closer to 70%) of mint sets would have coins that grade MS 63 or higher. So, you'd spend $250,000 for 25,000 sets yielding 10,000 MS 63 or better examples. Of the remaining 15,000, you're probably looking at 75% being MS 62 or better, which means you probably have another 2,000 MS 63 coins in there, if you're willing to pay for the subs on 20% success rate.</p><p><br /></p><p>As I said before, I understand your point that the supply is thin, but I contend the supply is thin due to a lack of a market. Even if you acquired your 10,000 examples in whatever grade, you'd end up losing your shirt, as the demand would still be lacking. The moment you stop buying, the bid would collapse and the ask would eventually dwindle back down.[/QUOTE]</p><p><br /></p>
[QUOTE="NorthKorea, post: 2496817, member: 29643"]BTW, you can pick up 1973 mint sets for $8-$10... probably less, but if you want a constant supply, $8-$10. Given a 10% success rate on 64/65 submissions, I'd say at least 40% (probably closer to 70%) of mint sets would have coins that grade MS 63 or higher. So, you'd spend $250,000 for 25,000 sets yielding 10,000 MS 63 or better examples. Of the remaining 15,000, you're probably looking at 75% being MS 62 or better, which means you probably have another 2,000 MS 63 coins in there, if you're willing to pay for the subs on 20% success rate. As I said before, I understand your point that the supply is thin, but I contend the supply is thin due to a lack of a market. Even if you acquired your 10,000 examples in whatever grade, you'd end up losing your shirt, as the demand would still be lacking. The moment you stop buying, the bid would collapse and the ask would eventually dwindle back down.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Does anyone save clad half dollars?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...