Reply to Thread

Message:: [QUOTE="GoldFinger1969, post: 3873770, member: 73489"]OK, you mean lower than the 1995-W, got it. The thing is to buy that coin -- which I guess sold for $10 ?  Silver was $5 -- you had to spend $1,000 which meant paying 100x the actual cost even though you could sell the gold coins for most of the differential. But the coin sells for maybe $1,000 ungraded....$3,000 PF69 and $10,000 PF70.  So 300-1,000x what the coin should cost solo. Now...you are paying about 8x cost but like the 1995-W craze, who knows how long the premium maintains itself ? It has been my experience that, in the age of the Internet and social media, that artificial scarcity premiums for new stuff FADES over longer-periods of time, it doesn't maintain or go up.  Others here may have examples that I have missed, feel free to post them. If you NEED the coin because of a collection, then I guess you are price-insensitive.  For me, I'd LIKE to have it but I don't NEED it. So like the 2013, if the price comes closer to what I think is fair value, I'll buy it.  I'm not afraid of paying $600 and then seeing it worth $200 in 2021....$400 isn't going to make or break me as with most of you.  It's just a question of necessity. I may want a hot dog on the road I sometimes take back from the mall, but if the guy is selling it for $10, I'll pass. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />[/QUOTE]