Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Coin, Banknote and Medal Collectors's Online Mall Join Thousands of Coin, Bullion, & Money Collectors 300,000 items to help build your collection! Vancouvers #1 Coin and Paper Money Dealer Specializing in Modern Numismatics Royal Estate Auctions - $1 Coin AuctionsRoyal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes.








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

A New Coin Set From The Mint On 8-1-17, Eu 225th Anniversary Set

To participate in the forum you must log in or register.
Author Previous TopicReplies: 753 / Views: 59,679Next Topic
Page: of 51
Pillar of the Community
United States
1026 Posts
 Posted 08/29/2017  3:46 pm  Show Profile   Check omxfl's eBay Listings Bookmark this reply Add omxfl to your friends list Get a Link to this Reply
Oh dear - current sales figure as of Aug27: 187,304
That's 23,969 less than last week and a total of 36,006 sets sold fewer than two weeks ago.

Nail in the coffin? I guess time will tell...
Pillar of the Community
Foxwoods Man's Avatar
United States
4901 Posts
 Posted 08/29/2017  3:59 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
I guess it depends on how many of that number are left to be sold....

...that number minus the rejects. Could end up being a final number south of 225k
Pillar of the Community
United States
1913 Posts
 Posted 08/29/2017  5:16 pm  Show Profile   Bookmark this reply Add Bret to your friends list Get a Link to this Reply
Hopefully the mint is learning their lesson about not setting an initial household limit and allowing returns for any reason.
Moderator
Learn More...
jbuck's Avatar
United States
189010 Posts
 Posted 08/29/2017  5:33 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I guess it depends on how many of that number are left to be sold... that number minus the rejects. Could end up being a final number south of 225k
I agree. I wonder how many rejects there were.
Pillar of the Community
ElonU's Avatar
United States
703 Posts
 Posted 08/29/2017  6:04 pm  Show Profile   Bookmark this reply Add ElonU to your friends list Get a Link to this Reply
OMXFL, just out of curiosity, where are you getting the numbers?
Pillar of the Community
dd27's Avatar
United States
666 Posts
 Posted 08/29/2017  7:45 pm  Show Profile   Bookmark this reply Add dd27 to your friends list Get a Link to this Reply

Quote:
OMXFL, just out of curiosity, where are you getting the numbers?


At the bottom of the main page (usmint.gov), under About, look for Production & Sales Figures.

~~

OMXFL? I Googled it but didn't find anything.
Pillar of the Community
Broken-Coin's Avatar
United States
1812 Posts
 Posted 08/29/2017  8:51 pm  Show Profile   Bookmark this reply Add Broken-Coin to your friends list Get a Link to this Reply
Having ordered from the U.S. Mint since 1975, I'm very satisfied with all 4 @ 2017 EU & 2 @ 2017 Mint Sets. These are the **best struck non-proof** Coins I have received and the number of Sets minted is the least of my concerns. I'm sure a good percentage of Sets will be broken up and dispersed to Collector's individual needs and/or reside in 3rd Party Holder's.

I will be the first to admit that the quality of Coins I have received in the 1970's and later Mint Sets we're fair to good at best, and honestly don't know how many Sets I have broken up to sell 1 or 2 Coins from the set to a Collector and spend the balance of the set. I have also given away coins from broken up sets to young Collector's just starting out.


Other than Commemorative Coins ordered to make Pendants for my late daughter , the last Sets I purchased prior to the 2017's were 4 Mint & Proof Sets in 2009, and the 2017's are IMO better Struck (maybe they increased the Die Pressure Tonnage, idk).

I will make this my last post on how much I like the quality of each Coins Strike in these sets, but when one is used to purchasing Mint Set that looks no better than the Coins entering circulation at the time of issue, then not familiar with what a Enhanced Uncirculated looks like if you never purchased one, I was blown away when I first opened up each set.

to the U.S. Mint on this one
Pillar of the Community
United States
1026 Posts
 Posted 08/29/2017  10:41 pm  Show Profile   Check omxfl's eBay Listings Bookmark this reply Add omxfl to your friends list Get a Link to this Reply

Quote:
OMXFL? I Googled it but didn't find anything.

That was my logon when I did my PhD many moons ago - Oral Medicine, X because my parents couldn't afford a middle name for me, and FL are my initials.
Makes sense?
Valued Member
mellamobradley46's Avatar
United States
430 Posts
 Posted 08/30/2017  10:32 am  Show Profile   Bookmark this reply Add mellamobradley46 to your friends list Get a Link to this Reply
I thought it was an acronym for "Oh My, Xciting Finding by Loupe"
Moderator
Learn More...
jbuck's Avatar
United States
189010 Posts
 Posted 08/30/2017  2:06 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I thought it was an acronym for "Oh My, Xciting Finding by Loupe"


Bedrock of the Community
GR58's Avatar
United States
11951 Posts
 Posted 08/30/2017  10:15 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
I find it very interesting that there is a good chance the mintage will be
a good amount less than 225,000.
Pillar of the Community
United States
1913 Posts
 Posted 08/30/2017  11:41 pm  Show Profile   Bookmark this reply Add Bret to your friends list Get a Link to this Reply
Since it appears that most of the returns are not quality related, I'd expect that they'll be sold.
New Member
Bassmaster_3's Avatar
United States
47 Posts
 Posted 08/31/2017  04:13 am  Show Profile   Bookmark this reply Add Bassmaster_3 to your friends list Get a Link to this Reply
Dealers probably realized this set was a bust and are scrambling to bail out. Every collector that wants a set will have had the chance to buy one so no secondary market demand. I predict no sell out, these coins won't ever be considered even semi-key date, and 30 years from now will sell for $50-60 max. I hope there is some accountability at the mint, but it is govt so not likely. Too bad they couldn't have made the mintage $75k with a HH limit of 1 for the first week, and then opened sales for what remained.
Pillar of the Community
Foxwoods Man's Avatar
United States
4901 Posts
 Posted 08/31/2017  07:09 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
1) it WILL sell out

2) re: won't ever be considered a semi-key date..

Maybe I missed it but what Lincoln Cent would have a lower mintage than the one from this set? ..and the Kennedy half ain't too shabby either
Pillar of the Community
United States
1913 Posts
 Posted 08/31/2017  11:05 am  Show Profile   Bookmark this reply Add Bret to your friends list Get a Link to this Reply

Quote:
Maybe I missed it but what Lincoln Cent would have a lower mintage than the one from this set?

The proofs before 1953. Perhaps certain varieties of the 1960 or 1970 small/large dates. That's it as far as I can tell. It's definitely the key of the shield cents.
  Previous TopicReplies: 753 / Views: 59,679Next Topic
Page: of 51

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.43 seconds to rattle this change. Forums