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Why did the 2021 D shoot up so high in value?
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<p>[QUOTE="John Burgess, post: 8216766, member: 105098"]Hmmm. I dunno, I think there is upwards potential for the 2021 ASE RP designer edition set, bought for $175, sells for $200-225, it's not there yet, I think by the time it came out, most people were just done for the year from the silver eagles and the morgan and peace dollar offerings. </p><p><br /></p><p>However, I think down the road, that last RP type 1 and first RP type 2 could become in demand.. yeah, PR70 being PR70, there's going to be a mark up there, but I'm not sure I like the gamble on grading two coins that cost $175, for the potential $350-500 sale if PR70 comes back... PR69s for both get you right back in the $200-$225 range except out the grading fees. </p><p><br /></p><p>my opinion too early to tell, it wasn't that "hot" for whatever the reason and kind of just slipped past the hoard of flippers ect. but it could be a sleeper that wakes up a decade from now as people carry on with silver eagle sets and they are more type 2s to collect. </p><p><br /></p><p>the 2020W V75 silver eagle was a big winner, even bigger was the 2019S Enhanced Reverse proof, even still. Of course the 2019W ERP from the Pride of 2 nations set, is still sitting right where it was, not gaining or losing from mint issue price. </p><p><br /></p><p>Yeah if those D morgans didn't grade out as well as the others, possible the prices will increase. when it comes to "sets" in top grade, the worst one will set the limit on how many perfect sets are possible to make and be the one in short supply. </p><p><br /></p><p>Also have to consider the current economic climate, money is cheap, it's everywhere, and will be until it's nowhere, but people are throwing it around like it's valueless. I'm not going to get into the "whys" of this, we all see it, and we know why. </p><p><br /></p><p>Somethings fishy when a bank is buying houses in my neighborhood and paying 50K over market prices or asking prices, and they are getting counters from big spenders on top of that looking to buy up properties at any cost with their dollars. </p><p><br /></p><p>Reminds me of near 2 years ago, everyone making home improvements and it struck me, everyone around me took equity loans/ 2nd mortgages to get over the hump and fixed up their properties over the shutdowns instead of working. I was scratching my head until I figured out what the heck was really going on. gonna be a lot of idle investment properties being held, and people roped into paying the rest of their lives for overpriced houses if they can manage to buy, and then someone, again, will get stuck holding the bag, but again, money is cheap, they are just giving trillions away each year. </p><p>end of rant. Just going to say, ride things out see how it all goes, and don't get caught holding the hot potato whatever that potato may be, and if you do, hopefully its a small potato and only your finger gets burned.</p><p><br /></p><p>personally I'd prefer as many nice old Morgans as $500 could buy rather than a 2021D one slabbed, but that's me.[/QUOTE]</p><p><br /></p>
[QUOTE="John Burgess, post: 8216766, member: 105098"]Hmmm. I dunno, I think there is upwards potential for the 2021 ASE RP designer edition set, bought for $175, sells for $200-225, it's not there yet, I think by the time it came out, most people were just done for the year from the silver eagles and the morgan and peace dollar offerings. However, I think down the road, that last RP type 1 and first RP type 2 could become in demand.. yeah, PR70 being PR70, there's going to be a mark up there, but I'm not sure I like the gamble on grading two coins that cost $175, for the potential $350-500 sale if PR70 comes back... PR69s for both get you right back in the $200-$225 range except out the grading fees. my opinion too early to tell, it wasn't that "hot" for whatever the reason and kind of just slipped past the hoard of flippers ect. but it could be a sleeper that wakes up a decade from now as people carry on with silver eagle sets and they are more type 2s to collect. the 2020W V75 silver eagle was a big winner, even bigger was the 2019S Enhanced Reverse proof, even still. Of course the 2019W ERP from the Pride of 2 nations set, is still sitting right where it was, not gaining or losing from mint issue price. Yeah if those D morgans didn't grade out as well as the others, possible the prices will increase. when it comes to "sets" in top grade, the worst one will set the limit on how many perfect sets are possible to make and be the one in short supply. Also have to consider the current economic climate, money is cheap, it's everywhere, and will be until it's nowhere, but people are throwing it around like it's valueless. I'm not going to get into the "whys" of this, we all see it, and we know why. Somethings fishy when a bank is buying houses in my neighborhood and paying 50K over market prices or asking prices, and they are getting counters from big spenders on top of that looking to buy up properties at any cost with their dollars. Reminds me of near 2 years ago, everyone making home improvements and it struck me, everyone around me took equity loans/ 2nd mortgages to get over the hump and fixed up their properties over the shutdowns instead of working. I was scratching my head until I figured out what the heck was really going on. gonna be a lot of idle investment properties being held, and people roped into paying the rest of their lives for overpriced houses if they can manage to buy, and then someone, again, will get stuck holding the bag, but again, money is cheap, they are just giving trillions away each year. end of rant. Just going to say, ride things out see how it all goes, and don't get caught holding the hot potato whatever that potato may be, and if you do, hopefully its a small potato and only your finger gets burned. personally I'd prefer as many nice old Morgans as $500 could buy rather than a 2021D one slabbed, but that's me.[/QUOTE]
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