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Some thoughts on the recent mint “instant rarities”
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<p>[QUOTE="ddddd, post: 7925086, member: 22377"]Quite a few of the items this year have not been low mintages (at least not compared to the final mintages of some items from prior years). The quick sell-outs are a combination of a few things:</p><p>~increased demand for some popular items (like [USER=76863]@baseball21[/USER] mentioned the last year / first year of Silver Eagles and Morgans are some of the most collected US coins)</p><p><br /></p><p>~more people getting into flipping (especially the buying clubs that go after anything from shoes to cards to coins)</p><p><br /></p><p>~more people at home the last year and a half; this has led to more flipping (as mentioned above) and more chances to be sitting at your computer when something is released (as opposed to when many might have been at work and not able to step away to buy at the needed time)</p><p><br /></p><p>~more money to spend on coins (people weren't going on as many vacations/eating out/etc)</p><p><br /></p><p>~inflation: people parking their money into something that might be better than cash/savings accounts (maybe only a small percentage of people but could still be enough to make a difference)[/QUOTE]</p><p><br /></p>
[QUOTE="ddddd, post: 7925086, member: 22377"]Quite a few of the items this year have not been low mintages (at least not compared to the final mintages of some items from prior years). The quick sell-outs are a combination of a few things: ~increased demand for some popular items (like [USER=76863]@baseball21[/USER] mentioned the last year / first year of Silver Eagles and Morgans are some of the most collected US coins) ~more people getting into flipping (especially the buying clubs that go after anything from shoes to cards to coins) ~more people at home the last year and a half; this has led to more flipping (as mentioned above) and more chances to be sitting at your computer when something is released (as opposed to when many might have been at work and not able to step away to buy at the needed time) ~more money to spend on coins (people weren't going on as many vacations/eating out/etc) ~inflation: people parking their money into something that might be better than cash/savings accounts (maybe only a small percentage of people but could still be enough to make a difference)[/QUOTE]
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Some thoughts on the recent mint “instant rarities”
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