Message:

<p>[QUOTE=&quot;krispy, post: 976594, member: 19065&quot;]Trying to &quot;catch&quot; something that minimal is a huge risk, especially when you have overpaid for the collector version of coin compared to its intrinsic bullion value and add on all of the costs related to resale (ebay, paypal fees or dealer back of bid offers you may receive). Less than 10% is way too little for the effort and expense involved. If you can&#039;t flip it and get 80%-100% or more profit it&#039;s probably not worth buying unless you admire the coin as an item you&#039;d love to add to your collection.</p><p><br /></p><p>Many people gamble their <i>investments</i> in coins&nbsp; with modern Mint products each time there is a new coin or series&nbsp; released in the belief that it&#039;s somehow different than the last one.&nbsp; Many people are literally <i>banking</i> on the low mintage aspect of FS&nbsp; coins to create a profitable series down the road, which they&nbsp; anticipate to be a difficult series to complete later (assuming there&nbsp; are set completist to come and willing to pay inflated prices or to fork&nbsp; over masses of cash for a complete set) but the collector base needed&nbsp; to drive such demand hasn&#039;t emerged and may never amount to one&nbsp; demanding these coins. </p><p><br /></p><p>Trying to flip coins in the time frame you are suggesting has limited&nbsp; and uncertain results. When the demand is high for a new coin issued,&nbsp; usually mintage is higher and marketing has saturated the collector&nbsp; market prior to that coins release. Once new products and advertising&nbsp; replaces past coin hysteria, the demand falls off as new products vye&nbsp; for collector attention and the cycle begins again. Many successfully&nbsp; flipped the LN6 last year (buying retail from the US Mint at $60 and selling on eBay for $140 or more), a set that consisted of 50,000 units and&nbsp; which was heavily marketed in a pivotal Lincoln year. However, the FS coins are&nbsp; not as easy to sell to the masses that can create demand, in part due to&nbsp; subject matter, collector interests and collector budget at this time&nbsp; despite ultra low mintages which should suggest a better success rate&nbsp; for numismatic premiums but is not a proven indicator. I warn Elaine about the mintage game all the time. What&#039;s needed for FS to be successful investments simply isn&#039;t there, so with these coins&nbsp; it&#039;s very risky to <i>invest </i>in them, especially if you seek 10% or less in resale profit. The only other factor that suggests these coins are worth more than original retail price are high MS/PR grades in TPG slabs, but that comes with a cost and is something which will appeal to an even smaller collector base within the already diminutive collector base buying FS coins currently. These are some of the reasons why I caution against the investment idea with FS coins unless one truly is concentrated on collecting them for a personal collection.[/QUOTE]</p><p><br /></p>

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