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Thoughts on Apollo 11 gold coins?
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<p>[QUOTE="LakeEffect, post: 3337540, member: 43201"]Those are authorized <i><b>maximums</b></i>. Modern commemoratives rarely hit the maximum (BTW, the Kennedy set maximum is 100K, not 750k)</p><p><br /></p><p>There are two issues in play when it comes to mintage figures, IMHO. </p><p><br /></p><p>Traditionally, a low number means greater rarity, and a higher collector value down the road. BU Jackie Robinson gold, anyone?</p><p><br /></p><p>On the other hand, when there is a sellout, folks that got shut out get frantic and pay flippers a premium to get one. This is usually a short term increase, and prices stabilize after a few years when the supply & demand curves reach equilibrium.</p><p><br /></p><p>That's my uneducated take on it, anyway.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie30" alt=":bucktooth:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="LakeEffect, post: 3337540, member: 43201"]Those are authorized [I][B]maximums[/B][/I]. Modern commemoratives rarely hit the maximum (BTW, the Kennedy set maximum is 100K, not 750k) There are two issues in play when it comes to mintage figures, IMHO. Traditionally, a low number means greater rarity, and a higher collector value down the road. BU Jackie Robinson gold, anyone? On the other hand, when there is a sellout, folks that got shut out get frantic and pay flippers a premium to get one. This is usually a short term increase, and prices stabilize after a few years when the supply & demand curves reach equilibrium. That's my uneducated take on it, anyway.:bucktooth:[/QUOTE]
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Thoughts on Apollo 11 gold coins?
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