You see what happens when you put these coins up for auction? The price just rises...naturally...the demand breeds more demand. People interested all raise their hand slowly and then as they see how many others are interested they decide "they must have it"...and boom, you have an auction running higher than your original ask.
Crazy, right? The market works in funny ways but obviously the auction price is setting the true price of these coins.
Congrats!
The current high bid is 1.25 and blazed's asking price was most recently 1.65
BTC, and not many months ago a similar coin would have easily sold for 2
BTC
Wow it wasn't long ago when it would be crazy for a buyer to think they could buy a MS67 version of these coins at these prices.
If I had to guess the downward pressure on highly graded coins is the result of the glut of supply in the market that is resulting from so many people selling coins that have very high grades hoping to profit. These coins are still very nice and will make a nice addition to a collection.
Glut means stall or shortage, no? How does a glut in supply put downward pressure on the price? The problem is that demand has relaxed.
In the quoted post of mine glut=abundance. There seems to be a large number of casascius graded coins entering the market as of recently, pushing prices down.