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<p>[QUOTE="Clawcoins, post: 3900049, member: 77814"]I think the earlier post about "Market Demand" is the key here.</p><p>There are many examples in coins and out of coins where something had a very limited manufacturing, but there was no demand. Thus prices drop like a rock.</p><p><br /></p><p>Then there are the "First Spouse" coins mentioned. Some had demand, others not so. Thus you can buy them close to spot for Proof *or* BU, whereas a few of them have some Market Demand and you pay a premium for them. You'll see the same thing with $5 and $10 commems.</p><p><br /></p><p>So mintage has nothing to do with it. If no one buys it there is a limited run. Of course, later on "demand" may change, and prices may skyrocket. Then after a while the "demand" may fade to nothing and prices fall back down (ie, such as the 2017 Congrats ASE ($60 release price, then someone notices .. goes up to $2,000, now you can get slabbed versions from $69-120). So in this case we had a "momentum price spike" based on a short supply and an incredulous short time demand.</p><p><br /></p><p>I'm sure there various examples of various situations all over the board. And much of it can be related to whether there *is* or *isn't* "demand" in a certain timeframe in relation to the respective liquid supply.[/QUOTE]</p><p><br /></p>
[QUOTE="Clawcoins, post: 3900049, member: 77814"]I think the earlier post about "Market Demand" is the key here. There are many examples in coins and out of coins where something had a very limited manufacturing, but there was no demand. Thus prices drop like a rock. Then there are the "First Spouse" coins mentioned. Some had demand, others not so. Thus you can buy them close to spot for Proof *or* BU, whereas a few of them have some Market Demand and you pay a premium for them. You'll see the same thing with $5 and $10 commems. So mintage has nothing to do with it. If no one buys it there is a limited run. Of course, later on "demand" may change, and prices may skyrocket. Then after a while the "demand" may fade to nothing and prices fall back down (ie, such as the 2017 Congrats ASE ($60 release price, then someone notices .. goes up to $2,000, now you can get slabbed versions from $69-120). So in this case we had a "momentum price spike" based on a short supply and an incredulous short time demand. I'm sure there various examples of various situations all over the board. And much of it can be related to whether there *is* or *isn't* "demand" in a certain timeframe in relation to the respective liquid supply.[/QUOTE]
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