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Fractional (w) mint unciruclated gold series to go up?.
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<p>[QUOTE="Troodon, post: 589388, member: 4626"]You hit the nail right on the head there. After all, the entire reason the fractionals are being discontinued is because the demand for them was too low to justify minting them. It just doesn't make any logical sense to assume the demand will suddenly shoot up out of nowhere when the demand for these has been constantly going <i>down</i> over the last few years. I doubt the value of any of these will go up much, except in direct proportion to any increases in the value of gold and platinum.</p><p><br /></p><p>That being said, fractionals are not much <i>worse</i> of an investment than the full ounce gold eagles, gold buffaloes, and platinum eagles... they just aren't any <i>better</i> either. If anything, as the historical demand shows, you're probably a lot better off with the full ounce coins as demand for them has been showed to be higher... again, the entire reason the fractionals are being discontinued in the first place.</p><p><br /></p><p>The fractional gold buffaloes may be an exception, since 2008 will be the only year they've ever been minted. Collectors who can't afford the full ounce buffaloes may be chasing after them, raising the demand a tad proportionaly over the full ounce ones. However, after as many collectors who are willing to pay for them have them, they go back to being worth no more or less than the proportionate value of the full ounce ones. As someone on ths board wisely said once, "a mintage of two is still too many if only one person wants one."</p><p><br /></p><p>Another really good point that's already been brought up is you can't look at the raw mintage of the platinum coins and figure that they're rare enough to post big value gains. It's not the rarity that makes a coin go up in value, it's the rarity <i>relative to demand</i>. I have a coin from Fiji that's rarer than a 1909-S VDB Lincoln cent, but it's still only worth about $5, because the demand is nowhere enar what the key for the Lincoln cent series is. There are few collectors that buy platinum coins, because the high value of platinum makes them too expensive for many to be able to afford. As such, demand is a lot lower... the rarity relative to demand of 1,000 platinum coins is still less than 10 times that many gold coins. The mintages of platinum eagles is not that low, when you take the much lower demand into account.[/QUOTE]</p><p><br /></p>
[QUOTE="Troodon, post: 589388, member: 4626"]You hit the nail right on the head there. After all, the entire reason the fractionals are being discontinued is because the demand for them was too low to justify minting them. It just doesn't make any logical sense to assume the demand will suddenly shoot up out of nowhere when the demand for these has been constantly going [I]down[/I] over the last few years. I doubt the value of any of these will go up much, except in direct proportion to any increases in the value of gold and platinum. That being said, fractionals are not much [I]worse[/I] of an investment than the full ounce gold eagles, gold buffaloes, and platinum eagles... they just aren't any [I]better[/I] either. If anything, as the historical demand shows, you're probably a lot better off with the full ounce coins as demand for them has been showed to be higher... again, the entire reason the fractionals are being discontinued in the first place. The fractional gold buffaloes may be an exception, since 2008 will be the only year they've ever been minted. Collectors who can't afford the full ounce buffaloes may be chasing after them, raising the demand a tad proportionaly over the full ounce ones. However, after as many collectors who are willing to pay for them have them, they go back to being worth no more or less than the proportionate value of the full ounce ones. As someone on ths board wisely said once, "a mintage of two is still too many if only one person wants one." Another really good point that's already been brought up is you can't look at the raw mintage of the platinum coins and figure that they're rare enough to post big value gains. It's not the rarity that makes a coin go up in value, it's the rarity [I]relative to demand[/I]. I have a coin from Fiji that's rarer than a 1909-S VDB Lincoln cent, but it's still only worth about $5, because the demand is nowhere enar what the key for the Lincoln cent series is. There are few collectors that buy platinum coins, because the high value of platinum makes them too expensive for many to be able to afford. As such, demand is a lot lower... the rarity relative to demand of 1,000 platinum coins is still less than 10 times that many gold coins. The mintages of platinum eagles is not that low, when you take the much lower demand into account.[/QUOTE]
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Fractional (w) mint unciruclated gold series to go up?.
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