Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Proof Coins
>
Reply to Thread
Message:
<p>[QUOTE="cladking, post: 156582, member: 68"]There is a steady flow of these sets onto the market and a steady drawdown by those wanting either the intact set or the pieces. So long as these rates are in equilibrium the price will remain the same. What happens time after time is that as a set gets older the rate they come available begins to exceed the drawdown and then the demand for the individual coins will come to exceed the intact set price as the set price drops. When this occurs many of the sets in dealer inventory will be busted up and new sets flowing onto the market will also be busted up.</p><p><br /></p><p>I've always suspected that we are approaching a day of reckoning where increasing demand will be met by decreasing supply. This will be very pronounced in many of the moderns but especially in the mint sets. Mint set production was lower and the attrition on these is higher. Skimmpy demand has caused absurdly low prices which results in extreme destruction and many of the coins ending up in circulation. When people finally start looking for those quarters from the '80's and '90's they just might find the mint sets are gone too. Large percentages of many of the proof sets have been destroyed as well and demand for these may be brisk at some point. Working against the proofs is not only the higher mintages but also the high survival rates of the coins from these sets.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 156582, member: 68"]There is a steady flow of these sets onto the market and a steady drawdown by those wanting either the intact set or the pieces. So long as these rates are in equilibrium the price will remain the same. What happens time after time is that as a set gets older the rate they come available begins to exceed the drawdown and then the demand for the individual coins will come to exceed the intact set price as the set price drops. When this occurs many of the sets in dealer inventory will be busted up and new sets flowing onto the market will also be busted up. I've always suspected that we are approaching a day of reckoning where increasing demand will be met by decreasing supply. This will be very pronounced in many of the moderns but especially in the mint sets. Mint set production was lower and the attrition on these is higher. Skimmpy demand has caused absurdly low prices which results in extreme destruction and many of the coins ending up in circulation. When people finally start looking for those quarters from the '80's and '90's they just might find the mint sets are gone too. Large percentages of many of the proof sets have been destroyed as well and demand for these may be brisk at some point. Working against the proofs is not only the higher mintages but also the high survival rates of the coins from these sets.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Proof Coins
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...