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<p>[QUOTE="Troodon, post: 1636608, member: 4626"]Lol... low mintage P & D ATBs... too bad there are no such things since they're minted in the hundreds of millions. The fact that everyone's hoarding them is a good sign that they won't go up in value, because everyone will have them. There's a reason why the 1950D Jefferson nickel, the rarest date in the series, is still only worth $20 to $25 even in uncirculated condition. Everyone saved them, so they're not hard to get.</p><p><br /></p><p>If trends in coins show us anything, the coins that take off long term are the coins that people <i>weren't</i> buying when they first came out. S-mint ATBs will go up, sure... in the short term, but eventually they're just won't be any buyers left who want them and don't have them, and there's MILLIONS of them minted. THEY ARE NOT RARE, AND NEVER WILL BE. They're double issue price now because the hype is still there... but that will die off eventually, and eventually everyone who wants them will have them, and there won't be any more growth potential, and prices will plummet. This isn't a guess, I've seen it happen, with coins with far lower mintages than these S-minted ATBs. 2005 Marine Corps Dollar, for example; they were going for several times their issue price when the mint ran out, but now you can easily get one for about $70, less than twice its initial issue price 8 years ago. And they minted way less than a million of them. And yes, when collectors have piles of these S-minted ATBs that they held on to because they thought they'd be valuable... and the price plummets, because the supply exceeds the demand, because everyone who cared about owning them already bought them... yes, eventually they'll be forced to spend them as they'll eventually drop to about 25 cents each. Rare collectibles go up in value when people DON'T save them. You can cash in on the hype if you're quick about it. But if you think these will go up forever you're deluding yourself. How valuable are those Barr notes everyone saved? A coin minted in the millions only for the sake of collectors will NEVER be a rare collectible, by the very definition of the word "rare." They're already minting as many as anyone who cares about them are buying. There is zero long term growth potential there.[/QUOTE]</p><p><br /></p>
[QUOTE="Troodon, post: 1636608, member: 4626"]Lol... low mintage P & D ATBs... too bad there are no such things since they're minted in the hundreds of millions. The fact that everyone's hoarding them is a good sign that they won't go up in value, because everyone will have them. There's a reason why the 1950D Jefferson nickel, the rarest date in the series, is still only worth $20 to $25 even in uncirculated condition. Everyone saved them, so they're not hard to get. If trends in coins show us anything, the coins that take off long term are the coins that people [I]weren't[/I] buying when they first came out. S-mint ATBs will go up, sure... in the short term, but eventually they're just won't be any buyers left who want them and don't have them, and there's MILLIONS of them minted. THEY ARE NOT RARE, AND NEVER WILL BE. They're double issue price now because the hype is still there... but that will die off eventually, and eventually everyone who wants them will have them, and there won't be any more growth potential, and prices will plummet. This isn't a guess, I've seen it happen, with coins with far lower mintages than these S-minted ATBs. 2005 Marine Corps Dollar, for example; they were going for several times their issue price when the mint ran out, but now you can easily get one for about $70, less than twice its initial issue price 8 years ago. And they minted way less than a million of them. And yes, when collectors have piles of these S-minted ATBs that they held on to because they thought they'd be valuable... and the price plummets, because the supply exceeds the demand, because everyone who cared about owning them already bought them... yes, eventually they'll be forced to spend them as they'll eventually drop to about 25 cents each. Rare collectibles go up in value when people DON'T save them. You can cash in on the hype if you're quick about it. But if you think these will go up forever you're deluding yourself. How valuable are those Barr notes everyone saved? A coin minted in the millions only for the sake of collectors will NEVER be a rare collectible, by the very definition of the word "rare." They're already minting as many as anyone who cares about them are buying. There is zero long term growth potential there.[/QUOTE]
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What USA Sleeper coin of 2012?
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