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US Mint 2016 24k Gold Coins To Celebrate 1916 Designs

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OldWest's Avatar
United States
126 Posts
 Posted 05/17/2016  8:25 pm  Show Profile   Bookmark this reply Add OldWest to your friends list Get a Link to this Reply
I wonder what the Mint will do with coins returned (just like the one above) with scratches, blemishes and imperfections? Sell them as new? Or melt?
Pillar of the Community
United States
1913 Posts
 Posted 05/17/2016  8:26 pm  Show Profile   Bookmark this reply Add Bret to your friends list Get a Link to this Reply
Well then the final mintage should definitely be less than 125k as there are definitely some coins that shouldn't be resold.
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Neo13x's Avatar
United States
604 Posts
 Posted 05/18/2016  10:36 am  Show Profile   Bookmark this reply Add Neo13x to your friends list Get a Link to this Reply

Quote:
I wonder what the Mint will do with coins returned (just like the one above) with scratches, blemishes and imperfections? Sell them as new? Or melt?


Maybe they will offer them to the public at melt price. I would be a buyer in hopes to get one with a very minor blemish.
Pillar of the Community
United States
1913 Posts
 Posted 05/18/2016  11:12 am  Show Profile   Bookmark this reply Add Bret to your friends list Get a Link to this Reply
It would be nice, but I've never heard of them doing that.
New Member
jefkve's Avatar
United States
8 Posts
 Posted 05/25/2016  3:29 pm  Show Profile   Bookmark this reply Add jefkve to your friends list Get a Link to this Reply
So, last update: got my replacement coin in the mail and am VERY happy with it....Pics don't do it justice (obverse lighting makes the cheek look scarred, which it is not).....Just happy to have gotten a decent example....Now I get to wait for the next release....

US-Mint-2016-24k-Gold-Coins-To-Celebrate-1916-Designs

US-Mint-2016-24k-Gold-Coins-To-Celebrate-1916-Designs
Edited by jefkve
05/25/2016 3:34 pm
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jbuck's Avatar
United States
188770 Posts
Pillar of the Community
United States
1192 Posts
 Posted 05/25/2016  5:36 pm  Show Profile   Bookmark this reply Add LibertyEagle20 to your friends list Get a Link to this Reply
Patience paid off. Ended up with a NGC 70 (no OGP though) for $250. Still had to pay more than issue but the coin looks flawless to me. With a majority of these grading 70 I don't know how much of a premium this will bring but I'm happy to have one!
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 05/25/2016  5:41 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
Great price for that NGC70
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United States
1192 Posts
 Posted 06/05/2016  11:14 am  Show Profile   Bookmark this reply Add LibertyEagle20 to your friends list Get a Link to this Reply
Just caught Mike M trying to sell these on CSN. They were Anacs first strike 70's for the Low price of $499.99 plus shipping. "Double as rare as the 1916-D!" I can't believe people fall for this guys scam

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Biedercoins's Avatar
United States
1602 Posts
 Posted 06/07/2016  11:44 am  Show Profile   Bookmark this reply Add Biedercoins to your friends list Get a Link to this Reply


Quote:
Ended up with a NGC 70 (no OGP though)


IMHO,they went waaaaay overboard on the OGP on this one. If you keep your coin in everything that it came with, you've got a half dozen steps to go through just to see your little treasure.

Is there significance to the shape of the actual box? It reminds me of a piano case, but don't know if that is related or not.
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Teach's Avatar
United States
1255 Posts
 Posted 07/08/2016  1:12 pm  Show Profile   Bookmark this reply Add Teach to your friends list Get a Link to this Reply
Does anybody think the mint will sell the rest of these gold dimes or are they done?
New Member
United States
41 Posts
 Posted 07/17/2016  02:58 am  Show Profile   Bookmark this reply Add Weirdkidhere to your friends list Get a Link to this Reply
Anyone know when the standing liberty gold coins will be release? Or at least an estimate?
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howell1018's Avatar
United States
722 Posts
 Posted 07/17/2016  11:53 pm  Show Profile   Bookmark this reply Add howell1018 to your friends list Get a Link to this Reply
Rhett Jeppson probably has a good idea.
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BH1964's Avatar
United States
10982 Posts
 Posted 07/18/2016  7:44 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply

Quote:
Does anybody think the mint will sell the rest of these gold dimes or are they done?


No one knows for sure. Probably not even the mint! It has been said that returns and other back-stock are melted but there still could be "fresh" pieces from cancellations that might be saleable.


Quote:
Anyone know when the standing liberty gold coins will be release? Or at least an estimate?


It would be reasonable to assume the Standing Lib Quarter would be released by Sept. 30 but remember it's a U.S. Gov't agency.
ANA #R3154474
New Member
United States
41 Posts
 Posted 07/18/2016  11:36 pm  Show Profile   Bookmark this reply Add Weirdkidhere to your friends list Get a Link to this Reply
BH1964, thanks for the reply. I read somewhere someone said the mint is holding the gold until the price of gold goes up. That scared me, as a young collector with only a part time job I have to save a while for this. I hope to get a NGC graded SP70 from ebay, hope it won't be too overpriced, any guess on the price?
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