| Author |
Replies: 221 / Views: 36,959 |
|
|
|
|
Pillar of the Community
United States
669 Posts |
I think I know why the number climbed so much now........the household limit is now gone.
|
|
Pillar of the Community
United States
669 Posts |
The rate of the coins being sold appears to have resumed to a normal rate. 578 coins were sold between October 25th and November 2nd to bring the total sales to 45,421. Bringing it to 90.8% sold. At this rate (if it continues), it should sell out shortly after the new year.
Edited by mrpapageorgio 11/03/2015 11:57 pm
|
|
Pillar of the Community
United States
1913 Posts |
I think the mint overshot some. Everyone should have a good opportunity to get one, but it's not good that it might go in to next year. Perhaps they produced about 10% more than they needed to.
|
|
Pillar of the Community
United States
669 Posts |
Well the coin is now showing as "Currently Unavailable" on the Mint's website. Promoting it on the home page might have helped pushed it over the top. We'll see Tuesday what the sales figures are.
Edited by mrpapageorgio 11/07/2015 7:22 pm
|
|
Pillar of the Community
United States
2764 Posts |
With Gold spot price down, it will be hard for this coin to grow its premium.....
|
|
Pillar of the Community
United States
669 Posts |
Only 38 have been sold between last week and this week. I'm guessing the final number will be sub 45,000 due to the QC issues with the early coins. Maybe a change to sell out status before Christmas.
|
|
Pillar of the Community
United States
2764 Posts |
With next year gold set release, it may be wise to keep an eye on some of the common annual release..... one will need a $10K coin budget.....lol.
|
|
Valued Member
United States
115 Posts |
Although I mentioned earlier, I do not buy bullion gold, I took a chance on this coin, $ 1490.00. I received it today, there was a blemish under the olive branch, could not tell if it was on the inside of the holder or not, sending this back. If this coin cannot be graded as a MS70, it is a very high price for an ounce of gold.
Or should I get a replacement, what do you advise?
Edited by JFH 12/18/2015 6:09 pm
|
|
Pillar of the Community
United States
669 Posts |
The coin is now back to "currently unavailable" after going back available a couple weeks ago (assuming because they minted or fixed the final couple thousand out of 50). Probably going to go back and forth a couple times as they deal with returns, etc and will finally be sold out.
|
|
Pillar of the Community
United States
1188 Posts |
Was this coin a special edition design only for 2015? Looking at pop reports it appears there's a decent number of 70s out there but few with the PL designation. Just wondering if it will end up being a key date coin in the future with the low mintage. Anyone here send theirs in for grading? Here's a PL example.. Look at that asking price! http://www.ebay.com/itm/2015-W-100-...AOSwA4dWJB3w
Edited by LibertyEagle20 03/26/2016 3:41 pm
|
|
Valued Member
299 Posts |
Didn't care for the mockup photos and liked the actual coin even less upon inspection. I'm afraid I hurt my buddy's feelings when he excitedly showed it to me and my unfiltered reply spewed forth as ... "yecchhh" Out of proportion on both sides and the flag is an impostor. Add in the high price and I think I could have a lot more numismatic fun with the money.
|
|
Pillar of the Community
United States
1188 Posts |
It looks like at a minimum a 70 is going to cost $1700 in a slab. For that price one can pick up a decent St Gaudens (pre 1920's) in 63/64. What is the better investment? Also any idea which PCGS label is better, the gold foil or the regular blue?
|
|
Pillar of the Community
United States
1188 Posts |
Any insight to my previous question? There must not be a lot of interest in this coin, normally folks reply in a day or less!
|
|
Pillar of the Community
United States
7390 Posts |
Gold foil has a slight premium over the blue label I believe. But yeah, these coins were a flash in the pan that many did not like. The 2009 HR however was a 21st century st gaudens so that one had all the stars align for it. Hard to say if demand might pick up for these in the next 5-100yrs bit I think they have a high enough mintage to make me think no. Personally, I would go for the pre 20 saint or maybe even.a 70 or even 69 2009 HR over this one any say but if you really want it get a 70 and PL if you can afford it
|
|
Pillar of the Community
United States
1188 Posts |
Thanks Cascade. I was actually surprised at how much more expensive the 2009 is compared to the 2015 coin (cheapest I've seen a 2009 MS 70 is around $2400 while a 2015 MS 70 can be had for like $1700). I understand the 2009 is a classic design but the mintage is 115,000 vs only 50,000 for the 2015. That is why I was thinking the 2015 might be a better investment. I'd have to sell quite a bit to even afford a regular 70.. no way I'd be able to afford a PL! Maybe I will just keep saving and invest in a pre-1920 St Gaudens instead at some point. I just kind of liked the design on the 2015 and thought with a 50,000 mintage it might have some upside. Thanks!
|
|
|
Replies: 221 / Views: 36,959 |
|