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Prices on Apollo 11 coins proof and five sounds

Well I saw some prices on the new proof coin from Apollo 11 I wasn't shocked. The proof in 70 grade was 200.00. The five ounce was 793.00. What do you expect to see in the future.?He didn't mention why they didn't have the others and said and I quote"First Day Of Issue One Ounce Of Silver" outright lie or over site. I say lie. Please we.all know it's under one ounce. I think there is more of this type of hard sell comming. What do you think? 

17 days ago

I think the prices will level off to a more reasonable level after a few months.  The initial pricing on any newly issued and slabbed coins are always crazy high, I see drops in the sell prices of the 2018 Innovations Dollar already. 

17 days ago

It's well established by now that commemoratives find their true value in the secondary market. Population reports aren't as important as mintages since everything is either MS or PF. Whether the design is beautiful or ugly also comes into play. I'm still waiting for the market to correct itself in some areas. For instance, the 1995 Paralympics (wheelchair) silver dollar used to be the key with a mintage of 14,497 in MS. Recent issues of the past 3 years have come up less, but current  prices have not reflected this yet. Also, the 2001 American Buffalo dollar was popular despite a large mintage, but has started to come down a little. Sometimes you just have to wait it out.

17 days ago

These prices will go way down in the next few months, and the secondary market will go down as well.

17 days ago

Which Is better?  Buy your coins from the mint and send them to NGC/PCGS for grading and maybe get a PR68 or PR69? (I don't do enough business to buy a PR70) or buy your coin from The Coin Vault or Rick's Rare Coins with the coins graded with a PR70UC?  Will it be worth another $200-$300 to buy it from the market and be sure to get a PR70UC?  I bought one of each of the proof coins or coin sets.  I can't wait for the Rocketship.

5 days ago

You can almost be guaranteed that any modern mint issue, unless mishandled by the buyer, is going to get at least an MS68 designation.  I understand that MS70, although they are priced quite high, actually make up the majority of modern commemorative grades.  So you are better off buying from the mint and using your ANA status to avoid submission fees from NGC.  You still have to pay for the slabbing, but that is far less than a dealer would charge you for their already slabbed coin.

I do believe the market will level off to lower prices down the line, they always seem to do so with modern commemoratives.  They may remain higher then issue price but they definitely drop from their initial extremely high level.

5 days ago

It will be interesting to watch the prices on these coins, maybe as the anniversary approaches.

1 day ago

I wasn't buying anyone of them. But a friend bought one I was sold. I bought the clad set. Face it the first Kennedy. I have them all but the gold. Found a set. They did sell out because of the Kennedy got a good price. I retired so if it goes down it goes down. I believe the rest of the set will but the Kennedy will level off they made what 100,000. So it doesn't matter to me. The money I have saved I can afford one loss by the way what ever happened to if you like it but it. I like it. Because everyone says they will all go down maybe. But I listen to me and what I like. The more I thought of it why niot. I'm guaranteed MS 70  if i send my own set no way.

1 day ago
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