>> > Now that the official selling time has expired, I'm wondering if the
>> > loaded up on SC quarter bags to corner the market.
>> > I'll start by saying that I purchased a grand total of 0.
>> > How many did you purchase and what do you intend to do with them?
>> Despite my stated intent to buy a bag each, open them, and run through them
>> barefoot, I also ended up purchasing 0.
>> I decided the uncertainty of when I'd get them, plus explaining yet another
>> $70 charge to my wife wasn't worth the expected pleasure. I'd rather stand
>> or fall on ordering something pretty, like a Silver Eagle or a Proof Set,
>> then bags of 25 cent pieces selling for 35 cents.
>I debated myself and actually my wife talked me into getting my three.
>I had told her I wasn't sure if I would be able to sell any this time but
>I wanted to get at least 1 P to open but I was thinking of getting
>another P and 1 D "just in case". She basically said that it's only about
>$30 over what I could spend them for and that I had made more than that
>by selling one bag in the past so I might as well go ahead and order
>them. So I did this morning.
>> But I'm really curious as to which theory was correct: did people order
>> umpty million of them, or were there so many people like me that stayed out
>> that they're scarce?
>That's the "double your money" question :-) I am planning on them not
>doing anything on ebay but time will tell. Either way I don't think they
>will be scarce but they just might not be any more plentiful than the
>last few issues.
Presellers probably ordered more than anyone else. I think that many collectors
AND dealers are being cautious and/or have extended themselves a bit over the
last few months on the state quarter products and with rising interest rates,
do not want to get any farther behind as the slow season begins for coins. The
presellers do not have an option, but they bought enough to keep the quantity
of bags made substantially above last years levels, IMHO. The question is: How
many presold bags were on ebay, yahoo, bid valley, etc., not to mention other
dealers with customers on a program to buy as they come out? What about the
next few bag issues? NH, VA, NY? Will people still be buying presale bags like
they were a commodities future if the bottom drops out for SC bags? Will the
mint keep the same "as many as we get orders for" policy in effect? We live in
interesting times. Should I buy, should I sell? I bought eight bags total, AND
50 mint sets, b/c I have a problem. Is there a 12 step program for it? Will it
stop me from drooling when I see type 1 bust quarters? Proof seated Libs? FH
Standing type 1s? (That 1916 was nice for the year.) I had a quarter problem
BEFORE the statehood program. The 1999 stuff is still availible for
(relatively) cheap from the mint. I want to see that situation resolved, even
if it is just so Wallhalla can make a few ducats on something for once. ;-)
It is nice to be important, but it is more important to be nice. I do wish you
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