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<p>[QUOTE=&quot;GDJMSP, post: 8198743, member: 112&quot;]No not at all. When they came up with the idea of making reverse Proofs they simply offered them for sale, to anybody and everybody, just like they do with all other collector coins.</p><p><br /></p><p>As for value, again it&#039;s just like it is with other collector coins they issue, it&#039;s people&#039;s perceptions more than anything else, usually based on how many they end up selling. And the number they end up selling is usually determined by how well people like them, and or don&#039;t like them. If a lot of people really like them then a lot of them end up getting sold. If hardly anybody likes them then only a few end up getting sold. </p><p><br /></p><p>With collector coins, all collector coins, the final mintage number isn&#039;t determined like it is with say business strikes. With business strikes they mint a given number of coins, release/publish that number at the end of the year and that&#039;s the mintage number. With collector coins the final mintage number is determined by the number of coins sold. And if that number ends up being low for a specific issue then some people think that makes them more valuable than those with higher final mintage numbers.</p><p><br /></p><p>And of course there&#039;s other things in play as well. For example, people like to gamble, some will gamble on almost anything. So when a new collector coin is announced some folks will begin to hype it up, and the mint will hype it up as well - before it&#039;s ever offered for sale. And if it ends up being a sellout then it&#039;s hyped up even more on the secondary market and some folks will begin to pay ridiculous prices for them. Thinking they can sell them to the next person for even more profit. </p><p><br /></p><p>But what the folks playing this game seem to forget is that sellouts often mean there&#039;s a whole lot of those coins out there. And of course the more there is out there means the more common they are. So after a few years reality sets in and values drop, sometimes even to a point lower than what issue price was from the mint.</p><p><br /></p><p>This scenario has been played out over and over again with collector coins - for decades. And it typically plays out the same way. There are of course some exceptions, but they are few in number if you actually count them up. But it is these exceptions that fuel the beginning fires with new issues, with everybody hoping, everybody gambling, that this new issue will be the next exception. Of course it rarely is, but the game gets played out anyway because like I said, people like to gamble. So there&#039;s always players to be played and money to be made.[/QUOTE]</p><p><br /></p>

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