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<p>[QUOTE="fishsoup, post: 1302233, member: 33916"]I believe the price of this set will fall to a lower level, maybe to $500-$600, in the following weeks and months, after many place 2 or 3 of their 5 sets for sale. At the same time with the increased supply, there is a temporary drop in demand. Many who wanted a set bought theirs from the mint, and those who tried but couldn't, are understandably disgruntled and do not want to pay the higher price. In time, however, the disappointed collectors will come around and get one when they find one for a price they can digest. New collectors come to the hobby and want them. The sets find a loving home one by one, and if the sets stay in collections without returning to the market, the supply dwindles while the demand picks up. This true demand and supply will drive the price back up.</p><p><br /></p><p>So in my mind, the key quality that determines the long-term value of this set (and any other collectible) is its lovability. How many people, after getting one, actually like it enough to keep it off the market? Those who like their sets hide them in their cupboards and safety deposit boxes, taking them off the market for a long time. After opening my set and fondling it for a few days, I'm in love and consider it a permanent part of my collection. I came to the hobby when the 2009 UHR was on sale at the mint, and loved it, but decided not to get one as I was new and did not trust my instinct yet. Glad I learned that lesson. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie3" alt=":(" unselectable="on" unselectable="on" /></p><p><br /></p><p>As for bullion being worthless as a collectible - I think it is THE collectible of the future. In 20 years we all may be using only electronic money, and coins go "out of sight, out of mind". Coin collecting may well "do stamps". Bullion, however, is not going anywhere. I see PMs only gathering momentum, especially silver as an affordable alternative to gold that also has real-world value because of its industrial uses.</p><p><br /></p><p>I think comparisons of these ASE sets to any US commemoratives, or ATB pucks, or many other US mint products are not meaningful. Bullion market and bullion collectibles market are global, and increasingly so in the future. US commems, dead US presidents, their spouses, and US parks are of little interest to international collectors. Investors will buy anything with potential value, but collectors want to enjoy their collection too. ASEs have a pretty motif that translates well over national borders. So does the buffalo. How do I know? I'm not an American. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="fishsoup, post: 1302233, member: 33916"]I believe the price of this set will fall to a lower level, maybe to $500-$600, in the following weeks and months, after many place 2 or 3 of their 5 sets for sale. At the same time with the increased supply, there is a temporary drop in demand. Many who wanted a set bought theirs from the mint, and those who tried but couldn't, are understandably disgruntled and do not want to pay the higher price. In time, however, the disappointed collectors will come around and get one when they find one for a price they can digest. New collectors come to the hobby and want them. The sets find a loving home one by one, and if the sets stay in collections without returning to the market, the supply dwindles while the demand picks up. This true demand and supply will drive the price back up. So in my mind, the key quality that determines the long-term value of this set (and any other collectible) is its lovability. How many people, after getting one, actually like it enough to keep it off the market? Those who like their sets hide them in their cupboards and safety deposit boxes, taking them off the market for a long time. After opening my set and fondling it for a few days, I'm in love and consider it a permanent part of my collection. I came to the hobby when the 2009 UHR was on sale at the mint, and loved it, but decided not to get one as I was new and did not trust my instinct yet. Glad I learned that lesson. :( As for bullion being worthless as a collectible - I think it is THE collectible of the future. In 20 years we all may be using only electronic money, and coins go "out of sight, out of mind". Coin collecting may well "do stamps". Bullion, however, is not going anywhere. I see PMs only gathering momentum, especially silver as an affordable alternative to gold that also has real-world value because of its industrial uses. I think comparisons of these ASE sets to any US commemoratives, or ATB pucks, or many other US mint products are not meaningful. Bullion market and bullion collectibles market are global, and increasingly so in the future. US commems, dead US presidents, their spouses, and US parks are of little interest to international collectors. Investors will buy anything with potential value, but collectors want to enjoy their collection too. ASEs have a pretty motif that translates well over national borders. So does the buffalo. How do I know? I'm not an American. :)[/QUOTE]
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Negative Correlation -- 25th Anniversary Set
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