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Why did the 2021 D shoot up so high in value?
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<p>[QUOTE="Gam3rBlake, post: 8216638, member: 115909"]That’s not necessarily true with these.</p><p><br /></p><p>Unlike most of the modern Mint garbage these coins seem to be desired for long term collections.</p><p><br /></p><p>I don’t think you’ll see a bunch of people selling in 12 months. I think a lot of people intend on collecting the 2022 Morgan & Peace Dollars and continuing the series.</p><p><br /></p><p>Like a “poor man’s” Morgan Dollar collection.</p><p><br /></p><p>But yeah this is definitely not your average modern Mint junk.</p><p><br /></p><p>Most of the coins being bought are staying in the hands of the buyer for a long time and due to the limited mintage every collector who does that is taking it out of the market so naturally there will be a point where demand outstrips supply.</p><p><br /></p><p>Oh and the household order limit may not have been perfect and I’m sure a lot of dealers used friends & family to buy but in the end I believe most coins got out to collectors not retailers or dealers.[/QUOTE]</p><p><br /></p>
[QUOTE="Gam3rBlake, post: 8216638, member: 115909"]That’s not necessarily true with these. Unlike most of the modern Mint garbage these coins seem to be desired for long term collections. I don’t think you’ll see a bunch of people selling in 12 months. I think a lot of people intend on collecting the 2022 Morgan & Peace Dollars and continuing the series. Like a “poor man’s” Morgan Dollar collection. But yeah this is definitely not your average modern Mint junk. Most of the coins being bought are staying in the hands of the buyer for a long time and due to the limited mintage every collector who does that is taking it out of the market so naturally there will be a point where demand outstrips supply. Oh and the household order limit may not have been perfect and I’m sure a lot of dealers used friends & family to buy but in the end I believe most coins got out to collectors not retailers or dealers.[/QUOTE]
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Why did the 2021 D shoot up so high in value?
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