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Senex

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Posts posted by Senex

  1. 14 hours ago, Conder101 said:

    Yes but are them more than 30K who are willing to pay $1,000+ for it.  So far the answer appears to be yes, but a LOT of mint issues go high right out of the starting gate and then latter fall back.  Sometimes it can take years before the finally reach their bottom and stabilize.  And sometime the stabilize high well above issue price and sometimes they crash and eventually end up below issue.  It is too soon to say what the final price of this coin will be some years from now.  Look at the 2001 silver proof set.  Sole for $32, jumped to $300+ and stayed there for something like 12 years.  Then started sliding.  I think they are around $60 now and may still not have reached bottom.

    Now you are comparing apples to oranges.

    Of course they (ASE) might crash & burn in the near or distant future but I think not and proof 70 CAC coins will be a pricey coin in the years to come, as will lesser examples.

     

  2. On 11/18/2019 at 8:08 PM, World Colonial said:

    You ignored what I wrote.  $1000 is a lot cheaper than the 95-W, so yes, it could sell for that.

    I said that the collector base is potentially a lot lower than for the 95-W because not all ASE collectors buy these ‘“extra” coins.  If some noticeable proportion don’t want it, no it isn’t the new key date.

    It depends upon your assumptions which may differ from mine.  Sending this from my cell phone but can elaborate further later.

    I underestimated the potential of this coin, as it is up to $1K on eBay now. I don't know how many people who collect ASEs collect them all but I'm willing to bet more than 30K do.

  3. 46 minutes ago, World Colonial said:

    I'd rate the chances of this coin replacing the 95-W as the "key date" in the series as essentially nil. ...

    I think you underestimate the potential of this coin, which IMO will hit the $1000 level by year's end. It is the key to the series now, like it or not and I'd wager there are more than 30,000 SE collectors out there.