D & C,

Coin Vault is selling FDI 70’s Morgan/Peace Dollars for $349.95 for the 2 coins. I was thinking they’ll probable drop to $139 or $149, only because they are minting so many and these are by no means to be considered rare. I have also cut way back on the amount of dollars spent on Mint products and am basically picking up a couple each of the Morgan/Peace offerings. I hope you didn’t sell out of the stock market completely because you missed a lot of action this past year if you did. As they say, timing the market is a fools game.

I doubt they drop in price. Maybe a few bucks. $100 over asking. Plus what $25 to grade. $5 return shipping. And $5 to ship to buyer. So $65 markup. Takes up space. People like round numbers so $50 profit all in, might drop to $160 each, maybe $149.99 just to hit the psychological number, but I can’t imagine them selling less than $40 profit at that rate. And that just ms70. Fdoi or other special labels add to grading cost.

After reading about all the marred uncirculated, guess the flippers sense the mint is destroying the hobby. Several stated not buying anymore releases. Canceling subscriptions. So flippers know sales will drop, especially with 400k coming. I think I am about done with mint coins too. Back to bullion or stocks or something. The coins you want are bot bought. Or sent directly to magic mike and his 17 apostles. Despite the HOL. (I seriously doubt mint would allow them to stand at end of the line and pay $ over cost just to get FUN demarcation. Wouldn’t surprise me if the ngc and pcgs reps went through all the coins at the show and set aside most of the 70s.

Plus the markup on metal is crazy. And the great 18 are given cheaper rates, like their monopoly on bullion wasn’t bad enough.

Kaiser, I got an email from The Coin Vault and they are offering the Proof Morgan/Peace Dollar set slabbed 70 for $350.00 or $175/coin. These guys are as bad as Magic Mike when it comes to pricing new coin releases. I wonder how cheap these slabbed coins will be in a month or so.
But I also must say they sure do look nice. I don’t think anyone is going to be disappointed with the appearance of the coins!

Kaiser,

I wish I had that first issue (circa 1974) in my collection. I bought a few copies in the early 80s while in college for the articles! Lol.
And singer Cyndi Lauper mentioned it in her hit song “She Bop” – “…in the pages of a Blue Boy magazine…” Good times!

NumisdudeTX

Kaiser,

Maybe “Frankie Fontaine” was a centerfold model in the pages of a Blue Boy magazine…

NumisdudeTX

BAgs of cocaine, spell check is CRAZY