https://www.coinnews.net/2011/12/15/final-day-for-u-s-mint-2011-commemorative-coins/ CoinNews delivers the latest World and US coin news Mon, 09 Jul 2012 16:52:13 +0000 hourly 1 https://wordpress.org/?v=7.1.3 https://www.coinnews.net/2011/12/15/final-day-for-u-s-mint-2011-commemorative-coins/#comment-42446 Thu, 22 Dec 2011 18:18:53 +0000 http://www.coinnews.net/?p=24322#comment-42446 Somewhat interesting to see the low mintages and there isn’t much fanfare, The 25th Anniversary Eagle set has 100,000 mintage limit and sells out in 5 hours. Lots of American Eagle collectors now, but will that always be the case? 5 years from now will people be looking back and wondering why they didn’t buy any of these with such low mintages? For the long term, it is generally the things that weren’t as popular initially that become more valuable in the future. I remember when you could find proof eagles for $13 in Antique stores when they cost $24.95 at the mint. That was the demand back then.
A lot of new collectors don’t have a historical perspective. Back then grading didn’t mean a lot either. Are collectors getting more sophisticated or dumber?
People pay a big premium for a 70 over a 69 and a lot of times they lose money on 69s to dump them. What is the difference between a 69 and a 70 besides them being different numbers?

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