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What USA Sleeper coin of 2012?
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<p>[QUOTE="bg35765, post: 1636869, member: 42710"]My theory is that the rarity drives up the price, and then the high price actually generates more demand. There are people who flip through the Red Book and see that Jackie Robinson uncirculated listed for $4000 and then they want it. They want it because other people want it.</p><p><br /></p><p>Some of the old baseball cards are good evidence of this. There isn't a person alive who saw Honus Wagner play, so why would someone want his baseball card? And why would they pay $1 million for it? Because it is rare and they want bragging rights.</p><p><br /></p><p>Back to the original question: I convinced my wife that we should buy a set of the 2012 gold eagle proofs with our "investment" money since my hobby budget does not allow for that sort of purchase. I knew almost for certain that 2012 would be the lowest mintage since the series started in 1986, so it has good appreciation potential as a collectible. It also has the bullion value of the gold protecting the downside. </p><p><br /></p><p>It was my first gold coin purchase.[/QUOTE]</p><p><br /></p>
[QUOTE="bg35765, post: 1636869, member: 42710"]My theory is that the rarity drives up the price, and then the high price actually generates more demand. There are people who flip through the Red Book and see that Jackie Robinson uncirculated listed for $4000 and then they want it. They want it because other people want it. Some of the old baseball cards are good evidence of this. There isn't a person alive who saw Honus Wagner play, so why would someone want his baseball card? And why would they pay $1 million for it? Because it is rare and they want bragging rights. Back to the original question: I convinced my wife that we should buy a set of the 2012 gold eagle proofs with our "investment" money since my hobby budget does not allow for that sort of purchase. I knew almost for certain that 2012 would be the lowest mintage since the series started in 1986, so it has good appreciation potential as a collectible. It also has the bullion value of the gold protecting the downside. It was my first gold coin purchase.[/QUOTE]
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What USA Sleeper coin of 2012?
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