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<p>[QUOTE="yakpoo, post: 1329950, member: 18157"]I'm not sure if these sets will be a "Flipper's Delight" immediately. The 2011 sets still have lower sales numbers (at the moment) and the 2012 sets haven't gone on sale, yet. There's probably a lot of people out there that think this is the "New Normal" and sales will continue to decline. </p><p><br /></p><p>I think the opposite. I think this was a unique event caused by a poor economy, dropping silver prices and an overlapping of products due to the shift in US Mint sales schedule. This "Perfect Storm" of events has caused ultra low sales figures that we won't see again for another 20 twenty years (if at all...imho).</p><p><br /></p><p>Another factor that might depress prices in the short term is "Distribution". There hasn't been any "Per Household" restrictions so there are likely large numbers of sets concentrated in fewer hands. Poor distributions "seems" to lead to lower prices...when demand goes up, folks with extra sets meet the demand. It's only later, once the sets become distributed, that prices increase.</p><p><br /></p><p>I originally predicted a final sales number for the 2010 Silver Proof set of about 585,000. We'll likely finish just south of that number. <b></b></p><p><b><br /></b></p><p><b>Weekly sales figures for the 2010 Silver Proof sets since the beginning of November 2011...</b></p><p><br /></p><p>01 Nov: 468</p><p>08 Nov: 810</p><p>15 Nov: 438</p><p>22 Nov: 674</p><p>29 Nov: 625</p><p>06 Dec: 791</p><p>13 Dec: 930</p><p>20 Dec: 1071</p><p><br /></p><p>Sales have increased about 150/week since the beginning of December. Given the Christmas season (folks spending $$ on other things), low silver prices, and 2011 sets with even lower sales numbers...I would be surprised to see a final sales number greater than 583,000<i><b>...that's still a NEW RECORD by <span style="color: #ff0000">97,000</span>!!!</b></i></p><p><i><b><br /></b></i></p><p><i><b></b></i>The big question is what effect the "buzz" around the 2010 sales figures will do to sales of the remaining 2011 sets. In the past, whenever a new sales record is set, the "buzz" increases sales for the next year's product. If the Mint has created enough 2011 sets, they "could" sell more than the 2010's. </p><p><br /></p><p>It will be fun to watch what happens! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie6" alt=":cool:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="yakpoo, post: 1329950, member: 18157"]I'm not sure if these sets will be a "Flipper's Delight" immediately. The 2011 sets still have lower sales numbers (at the moment) and the 2012 sets haven't gone on sale, yet. There's probably a lot of people out there that think this is the "New Normal" and sales will continue to decline. I think the opposite. I think this was a unique event caused by a poor economy, dropping silver prices and an overlapping of products due to the shift in US Mint sales schedule. This "Perfect Storm" of events has caused ultra low sales figures that we won't see again for another 20 twenty years (if at all...imho). Another factor that might depress prices in the short term is "Distribution". There hasn't been any "Per Household" restrictions so there are likely large numbers of sets concentrated in fewer hands. Poor distributions "seems" to lead to lower prices...when demand goes up, folks with extra sets meet the demand. It's only later, once the sets become distributed, that prices increase. I originally predicted a final sales number for the 2010 Silver Proof set of about 585,000. We'll likely finish just south of that number. [B] Weekly sales figures for the 2010 Silver Proof sets since the beginning of November 2011...[/B] 01 Nov: 468 08 Nov: 810 15 Nov: 438 22 Nov: 674 29 Nov: 625 06 Dec: 791 13 Dec: 930 20 Dec: 1071 Sales have increased about 150/week since the beginning of December. Given the Christmas season (folks spending $$ on other things), low silver prices, and 2011 sets with even lower sales numbers...I would be surprised to see a final sales number greater than 583,000[I][B]...that's still a NEW RECORD by [COLOR=#ff0000]97,000[/COLOR]!!! [/B][/I]The big question is what effect the "buzz" around the 2010 sales figures will do to sales of the remaining 2011 sets. In the past, whenever a new sales record is set, the "buzz" increases sales for the next year's product. If the Mint has created enough 2011 sets, they "could" sell more than the 2010's. It will be fun to watch what happens! :cool:[/QUOTE]
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