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Why did the 2021 D shoot up so high in value?
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<p>[QUOTE="Gam3rBlake, post: 8216857, member: 115909"]Yeah but that wasn’t possible with these due to the household limit.</p><p><br /></p><p>It’s true that many dealers likely had friends & family & employees all buy coins but in general most coins made it out to normal collectors. Keep in mind they still had to compete with tens of thousands of people and get through the Mint’s buggy website and love of crashing.</p><p><br /></p><p>There was never a chance for someone to just gobble up a majority of them simply due to the unique household limit.</p><p><br /></p><p>If I had to guess I would say 50% of the coins sold ended up going to individual collectors who plan on keeping them for a very long time.</p><p><br /></p><p>What I hope happens is that the 2021 stuff encourages young people to desire to learn and collect the older stuff.</p><p><br /></p><p>If my mom got me a 2021 P Morgan Dollar I would want to collect the rest. Then if I heard there were ALOT of 1878-1921 Morgans I would want to get those too.</p><p><br /></p><p>In that way coins like that can help collectors as a whole. The more collectors the better right?[/QUOTE]</p><p><br /></p>
[QUOTE="Gam3rBlake, post: 8216857, member: 115909"]Yeah but that wasn’t possible with these due to the household limit. It’s true that many dealers likely had friends & family & employees all buy coins but in general most coins made it out to normal collectors. Keep in mind they still had to compete with tens of thousands of people and get through the Mint’s buggy website and love of crashing. There was never a chance for someone to just gobble up a majority of them simply due to the unique household limit. If I had to guess I would say 50% of the coins sold ended up going to individual collectors who plan on keeping them for a very long time. What I hope happens is that the 2021 stuff encourages young people to desire to learn and collect the older stuff. If my mom got me a 2021 P Morgan Dollar I would want to collect the rest. Then if I heard there were ALOT of 1878-1921 Morgans I would want to get those too. In that way coins like that can help collectors as a whole. The more collectors the better right?[/QUOTE]
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Why did the 2021 D shoot up so high in value?
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