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 Replies: 52 / Views: 9,633 |
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Pillar of the Community
United States
744 Posts |
Quote:
To me, that is one major hang up on these wonderful US mint coins, the customer base is so small, an aging, dying demographics. Now dont get me wrong, I am not trying to put down or disrespect the much older senior collectors among us or older than me. I totally respect seniors, but the question must be, who else besides this older demographic will appreciate these coins on the secondary market? The older folks, like me, no longer have kids at home, have most of the tools and toys we wanted, and now have some disposable money for buying coins again. I collected as a kid, put when y kids came along, taking care of family came first. 2009 hit a lot of people hard and the money they used to spend on hobbies dried up. General aviation is about 80% people over 50 now, just as an example. (Younger aviators are looking for careers, not fun) As the economy grows and recovers, younger people will get back into hobbies... Just an old guy opinion... |
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Pillar of the Community
United States
744 Posts |
I should include that I have all 3 also...
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Pillar of the Community
 United States
1450 Posts |
I think a big part of the problem with the 2016 coins is price. You notice how fast the Dimes went, but when you get to more expensive SLQ's and LWH's they linger on the mint market for almost a year. The gold dimes went fast and they even issued more due to demand. I bet if the Mint offered the dimes again they would sell out fast because most collectors love them. Not that many younger collectors have $800 plus to buy a modern gold coin.
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Moderator
 United States
189142 Posts |
Price is definitely a factor. The mushy design is probably another.
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Pillar of the Community
United States
1026 Posts |
Current low-ball offer on the 1/2oz Walking Liberty is ProvidentMetals at 6% above spot: https://www.providentmetals.com/201...-dollar.html96 in stock and probably grading rejects. But at essential bullion price this is a good opportunity to buy it. Current US Mint price is US$915 in comparison. |
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Bedrock of the Community
 United States
12844 Posts |
Thanks for the link. At 6%, that's hard to pass up!
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Pillar of the Community
Canada
5246 Posts |
Well, here in Canada, 99% of mint products sell for below issue price in a few years after issue. The market is saturated. What is the track record of US mint products?
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Valued Member
United States
154 Posts |
I'm not an expert but I would put the U.S. at about 95% as there are a few products that have increased in value but some of that is hype, some of it demand and some even folklore (labels).
I also have the 3 100 year anniversary gold commems and yes the price hurt.
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Pillar of the Community
United States
7840 Posts |
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Valued Member
United States
154 Posts |
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If they had been silver it would have a tremendous hit! I agree, would have been a sellout at any mintage. |
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Pillar of the Community
United States
1255 Posts |
Does anyone have the final mintage numbers for these three coins?
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Pillar of the Community
United States
2023 Posts |
The 2019 Red Book lists: Dime: 124,885 Quarter: 91,752 Half: 65,512 |
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Pillar of the Community
United States
1255 Posts |
Thanks Alpha, I just never heard anyone mention the numbers before and I was just wondering where they ended. I actually never heard when they ended sales. So there can only be 65K sets of these if you have all 3. I wonder how many complete sets are actually out there, maybe half or a little more? Anyways, thanks again!
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Pillar of the Community
Russian Federation
5174 Posts |
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If they had been silver it would have a tremendous hit!  Quote:
That is why I purchased the D. Carr silver 1 ounce tokens. Darn, now I want those. Pretty much no chance though - if nothing else I can hardly afford 3 ounces of silver... |
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Pillar of the Community
United States
2521 Posts |
I picked up the quarter only because I had gotten an offer for a new credit card that I couldn't pass up. No interest for over a year + enough points that I got $150 in Visa gift cards. That brought the price down from $495 (I believe) to $345. Without that, I'd never had bought one.
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Replies: 52 / Views: 9,633 |
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Posted 08/06/2017 9:57 pm
