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Is 2015 Truman RP the coin of the year
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<p>[QUOTE="19Lyds, post: 2194567, member: 15929"]No. Not really. The price difference between a PR70 and a PR69 has always been significant and if PR69's were selling for hundreds, then these PR70's will certainly change that.</p><p><br /></p><p>Again, its a very thin market with deep pocketed collectors assuming the risk for paying (and bidding) serious money for these coins.</p><p><br /></p><p>Back when the Washington Presidential Dollars came out, everybody thought they had an MS67 until their grades came back. One fellow paid $1600+ for a solitary MS67 and took some serious flack for it. Until he sold it for a couple of grand. I can't find the thread but those coins were REALLY expensive. On a high note, a 2007-D Pos B sold for $5,000 Nov 1st, 2007. Today? $2150</p><p><br /></p><p>On Mar 1st, 2008, an Adams Dollar in MS67 sold for $10,000. Today? $6500</p><p><br /></p><p>Of course, these are PCGS Price guide numbers and PCGS is notorious for protecting the "pricing" information projected by their Authorized Coin Dealers. So much so, that its possible (at least for me) to pay $12 for a coin listed at $215. ($250 at the time I bought it in an open Auction.)</p><p><br /></p><p>What I'm saying is that prices paid "today" mean nothing in the long run because once the market is satisfied, the buyers go away and nobody want them any longer.</p><p><br /></p><p>For that matter, I could sell my Entire FDI Presidential Dollar Set for literally nickels on the dollar regardless of what the Price Guide States.</p><p>I had one coin with a Price Guide Value of $700. I listed it for $195 for years on eBay and finally accepted an offer of $150.</p><p><br /></p><p>The market is extremely thin regardless of what you see today as today's prices are simple fantasy with no lasting, sustained value.</p><p><br /></p><p>That's the way the Modern Coin Market works. Strike while the iron is hot because eventually, that iron cools off! Then you're stuck........[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 2194567, member: 15929"]No. Not really. The price difference between a PR70 and a PR69 has always been significant and if PR69's were selling for hundreds, then these PR70's will certainly change that. Again, its a very thin market with deep pocketed collectors assuming the risk for paying (and bidding) serious money for these coins. Back when the Washington Presidential Dollars came out, everybody thought they had an MS67 until their grades came back. One fellow paid $1600+ for a solitary MS67 and took some serious flack for it. Until he sold it for a couple of grand. I can't find the thread but those coins were REALLY expensive. On a high note, a 2007-D Pos B sold for $5,000 Nov 1st, 2007. Today? $2150 On Mar 1st, 2008, an Adams Dollar in MS67 sold for $10,000. Today? $6500 Of course, these are PCGS Price guide numbers and PCGS is notorious for protecting the "pricing" information projected by their Authorized Coin Dealers. So much so, that its possible (at least for me) to pay $12 for a coin listed at $215. ($250 at the time I bought it in an open Auction.) What I'm saying is that prices paid "today" mean nothing in the long run because once the market is satisfied, the buyers go away and nobody want them any longer. For that matter, I could sell my Entire FDI Presidential Dollar Set for literally nickels on the dollar regardless of what the Price Guide States. I had one coin with a Price Guide Value of $700. I listed it for $195 for years on eBay and finally accepted an offer of $150. The market is extremely thin regardless of what you see today as today's prices are simple fantasy with no lasting, sustained value. That's the way the Modern Coin Market works. Strike while the iron is hot because eventually, that iron cools off! Then you're stuck........[/QUOTE]
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Is 2015 Truman RP the coin of the year
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