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US Mint 2016 24k Gold Coins To Celebrate 1916 Designs

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nss-52's Avatar
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 Posted 04/08/2016  5:04 pm  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list Get a Link to this Reply
If they wanted to make it the size of a dime then it would have to be thinner or contain less than .999 gold or be something other than 1/10 ounce gold.
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llewellin's Avatar
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 Posted 04/08/2016  7:08 pm  Show Profile   Bookmark this reply Add llewellin to your friends list Get a Link to this Reply
I am disappointed as well. I would expect the mint to put out a true to size gold Mercury dime with the full detail, FSB, and this is clearly not the case. There's no reason in my mind why it needs to be 1/10 of an ounce of gold; just make it the right size and a bit heavier, so the design and detail can be better implemented and appreciated. I will not be buying this from the mint due to their poor judgement in my eyes.
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 Posted 04/08/2016  8:56 pm  Show Profile   Bookmark this reply Add jack jeckel to your friends list Get a Link to this Reply

Quote:
If they wanted to make it the size of a dime then it would have to be thinner or contain less than .999 gold or be something other than 1/10 ounce gold.


You are correct.

That is why the 2014 Kennedy was 3/4 oz and the 2009 ultra high relief St Gaudens was only 27mm in diameter for 1 oz.

I know it was brought up earlier in this thread or a different thread that the density of gold is less than that of silver so the weights would not be the same if the dimensions were the same as the original. I too would rather pay a little more for a coin with a little more gold in it to get the original dimensions correct.
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 Posted 04/08/2016  8:58 pm  Show Profile   Bookmark this reply Add Bret to your friends list Get a Link to this Reply
The density of gold is greater than that of silver due to it having a higher atomic weight.
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nss-52's Avatar
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 Posted 04/09/2016  08:11 am  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list Get a Link to this Reply
Oh, my, if they made it the same size as a real dime, then eventually, someone would find one CRH!

Now wait, this smaller diameter now gives the eternal optimist hope of someday finding one in the Coinstar reject slot.


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jbuck's Avatar
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 Posted 04/09/2016  11:57 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Anyone know what the "product limit: none" means since there is a "mintage limit" of 125,000?
For what it is wroth, it was also asked and answered here...

https://goccf.com/t/258233
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CelticKnot's Avatar
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 Posted 04/11/2016  6:40 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
The jury is still out for me on these.

And I agree that 125k seems high, but with a mintage like that, I can take my time making up my mind.
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BigSilver's Avatar
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 Posted 04/11/2016  6:58 pm  Show Profile   Bookmark this reply Add BigSilver to your friends list Get a Link to this Reply
I agree that the mintage is quite high. 20,000 you would find me buying the household limit of 10. 125,000 I may consider buying 1.
Not an investment in my opinion.
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GR58's Avatar
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 Posted 04/11/2016  7:45 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
I am very happy that CCF has this thread, it gives me a lot to think about,
as to if I should purchase these commemorative coins.

Because of the information provided, I am 90% sure I will not be buying them.

Pro
Great idea for commemorative coins.

Con
They are not going to be the same size as the actual coins.
For gold coins the mintage is much to high.
I have not seen the prices, but have the feeling the premium will be to high.

---------------------------------

If these would be 90% gold, and the same size as the original coin,
then I would have been interested in purchasing the Walking Liberty
half dollar and the Winged Liberty dime.

If they would make a silver set .... That would be a set I would buy multiples of.
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jbuck's Avatar
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187862 Posts
 Posted 04/12/2016  10:22 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
They are not going to be the same size as the actual coins.
Yeah, they pushed me out with gold. They closed the door with the size.
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Cascade's Avatar
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7390 Posts
 Posted 04/14/2016  4:42 pm  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
Pricing structure is out...

US-Mint-2016-24k-Gold-Coins-To-Celebrate-1916-Designs
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100 Posts
 Posted 04/14/2016  4:43 pm  Show Profile   Bookmark this reply Add wischeese to your friends list Get a Link to this Reply
$205

meh
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machine20's Avatar
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1274 Posts
 Posted 04/14/2016  5:20 pm  Show Profile   Bookmark this reply Add machine20 to your friends list Get a Link to this Reply
Count me out. At those prices, maybe these will end up as low mintages.

The biggest problem I have with these coins is the non-matching diameter.
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Foxwoods Man's Avatar
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4901 Posts
 Posted 04/14/2016  5:39 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
I think they will sell out but the flood hitting the market after that will be a bargain hunters dream....low mintage is not a consideration

If you are into slabbed coins then it might make sense to wait a bit and just buy it already graded.
Edited by Foxwoods Man
04/14/2016 5:40 pm
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OldWest's Avatar
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126 Posts
 Posted 04/14/2016  8:16 pm  Show Profile   Bookmark this reply Add OldWest to your friends list Get a Link to this Reply
Thanks for posting the prices, Cascade! My tired eyes had a hard time deciphering. So, I enlarged it...blurry, but thought I would share with the group.

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