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US Mint 2016 24k Gold Coins To Celebrate 1916 Designs

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Pillar of the Community
United States
5208 Posts
 Posted 08/22/2016  10:46 pm  Show Profile   Bookmark this reply Add jack jeckel to your friends list Get a Link to this Reply

Quote:
The ordering period for gold commemorative coins are always on the weekday and start at 12:00 p.m. That means if you're a working stiff on the East Coast it's convenient because you can start dialing during your lunch hour, but everyone else in the country has to interrupt their workday (maybe even sneak in a call) during regular working hours


Actually every US mint issue in the last 3 years and maybe longer that has been available online has opened at 12 noon EST.

Haters gonna hate.
Edited by jack jeckel
08/22/2016 10:47 pm
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howell1018's Avatar
United States
722 Posts
 Posted 08/23/2016  4:43 pm  Show Profile   Bookmark this reply Add howell1018 to your friends list Get a Link to this Reply
Put-Tay-Toe/Puh-Tah-Toe
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Mister Kairu's Avatar
United States
1911 Posts
 Posted 09/05/2016  3:48 pm  Show Profile   Bookmark this reply Add Mister Kairu to your friends list Get a Link to this Reply
Well was looking at the pre-sales of this coin (SLQ Gold) and I may have to consider ordering one to re-sell... save a little more for my crown collection...
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Mister Kairu's Avatar
United States
1911 Posts
 Posted 09/05/2016  3:49 pm  Show Profile   Bookmark this reply Add Mister Kairu to your friends list Get a Link to this Reply
Also, the price for this coin would be $485 if the gold price is still within the average of $1300-1350. They are selling for $670 pre-sale already.
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 09/05/2016  4:51 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
Sell it quick as a pre-sale....I see another gold dime type price drop in the making
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Cascade's Avatar
United States
7390 Posts
 Posted 09/05/2016  6:44 pm  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
Agreed. Take the money and run with these

-WCFUGCOLLU
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Mister Kairu's Avatar
United States
1911 Posts
 Posted 09/06/2016  10:53 am  Show Profile   Bookmark this reply Add Mister Kairu to your friends list Get a Link to this Reply
I wish these coins were the same exact size as the quarters.. it wouldn't be THAT much more expensive than getting an actual silver one and would look pretty cool in my 7070. Alas, it won't work. Oh well.
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jbuck's Avatar
United States
188952 Posts
 Posted 09/06/2016  2:42 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
The problem is that the mint cannot legally make them the same size, they have to match the existing bullion sizes that are available to them.
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BH1964's Avatar
United States
10982 Posts
 Posted 09/06/2016  4:26 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply

Quote:
The problem is that the mint cannot legally make them the same size, they have to match the existing bullion sizes that are available to them.


I just figured the sizes were standardized for convenience and manufacturing tolerances. i.e. A 24.6mm diameter 999 fine 1/4 oz gold piece would be very thin and 22mm was already available etc. Same idea with the 1/10oz and 1/2oz; But maybe it is legislated to use existing planchets.
ANA #R3154474
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jbuck's Avatar
United States
188952 Posts
 Posted 09/06/2016  5:03 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
The weights and sizes are legislated, but unlike the dollar and lower denomination coins, the designs are not (although the Buffalo was required, it was not exclusive).

https://www.law.cornell.edu/uscode/text/31/5112
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BH1964's Avatar
United States
10982 Posts
 Posted 09/07/2016  11:38 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
The weights and sizes for these issues are not included in that code as they use 9999 fine planchets. I found some interesting info in the comments section here: http://www.coinnews.net/2015/11/12/...ns-for-2016/
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jbuck's Avatar
United States
188952 Posts
 Posted 09/07/2016  2:20 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
After some deeper reading into the legislation...

Only the First Spouse and $50 gold are required by that legislation to be a .9999, or as written, 99.99 percent pure gold. Everything else just says fine gold. The $50 gold also lacks specific diameter and thickness requirements.

Most curious is this part...

(i)(4)(A) Notwithstanding any other provision of law and subject to subparagraph (B), the Secretary of the Treasury may change the diameter, weight, or design of any coin minted under this subsection or the fineness of the gold in the alloy of any such coin if the Secretary determines that the specific diameter, weight, design, or fineness of gold which differs from that otherwise required by law is appropriate for such coin.

Seems like the diameter choice is more logistic than legal, as BH1964 said above.


This is where I would expect commems or Conder101 to set things right.
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barryg's Avatar
United States
5856 Posts
 Posted 09/08/2016  11:00 am  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply
T minus 60 minutes for the Standing Liberty 2016 Centennial Gold Coin at $485.
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M0nks's Avatar
United States
1770 Posts
 Posted 09/08/2016  11:10 am  Show Profile   Bookmark this reply Add M0nks to your friends list Get a Link to this Reply
looking forward to this one for so long, cant wait to have it in hand already! this time everyone who wants one should have no problem getting one
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Night Hawk's Avatar
United States
300 Posts
 Posted 09/08/2016  11:17 am  Show Profile   Bookmark this reply Add Night Hawk to your friends list Get a Link to this Reply
This will be my first gold purchase from the mint, I still haven't told the wife I'm getting one..

I missed out on the dime due to my work schedule so I'm excited to be able to get this one.
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