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 Replies: 88 / Views: 16,161 |
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Moderator
 United States
188560 Posts |
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At the rate the price of gold is shooting up not sure there'll be 1,945 buyers who will be able to afford this coin (alright, this is hyperbole).   |
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Pillar of the Community
United States
587 Posts |
Quote:
At the rate the price of gold is shooting up not sure there'll be 1,945 buyers who will be able to afford this coin (alright, this is hyperbole). I doubt it. Remember the palladium coin in 2018? It had a higher mintage, was in the same price area, and still sold out quickly. Add that the gold ASE has more collectors than the palladium coins, and I think that it will be an instant sellout. |
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Pillar of the Community
United States
1277 Posts |
the palladium coin was ~$1300 I think
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Pillar of the Community
United States
587 Posts |
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Pillar of the Community
United States
850 Posts |
I bought my Palladium Eagle $1392 when it came out. It sold out basically instantly and at 15k mintage and a household of 1 (I think), it was bound to be a good buy. But then for 2019 they upped that from 15k to 30k and the starting price was around 1900 at the beginning. Those 2 things killed the design and the want for people to buy it. For a new starting coin design it was a mistake. The Gold Eagles are always wanted and with this being a mintage of 1945, I can see this being a hit. Now the question will be how will collectors view the privy marks. Is the US going to do what Canada does and issues privy marks for anything or will they make it a one time thing (for bullion, not going to count the privy marks on the new dollar coins).
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CCF Master Historian of USA Commemoratives
United States
12277 Posts |
coincollector123 has it correct. The 2018 Proof Palladium Eagle was issued at $1,387.50 (plus shipping) and it sold out in about five minutes.
I recognize that times are different now, but I think the appeal of the gold eagle will win out over its high issue price and make for a quick sellout of the 1,945 coins available.
Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Moderator
United States
188560 Posts |
I agree. There are still plenty with deep pockets and motivation to acquire all they can.
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Pillar of the Community
United States
850 Posts |
I plan on getting one gold piece and hopefully a few of the silver ASEs as well. It will always be worth an ounce of gold but its a gamble to see if the privy marks will hold a premium over a regular 2020 AGE/ASE. Its too early to tell though.
One thing that might save the palladium eagle would be if they made them in fractional pieces. If they sold a 1/10 oz American Palladium Eagle for like $260~$300 then I am sure it would have more appeal and more customers. Especially if its limited!
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Pillar of the Community
Lebanon
506 Posts |
What it the estimated time these coins will be available for sale ?
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Pillar of the Community
United States
1255 Posts |
@ Chronos - sometime after September 22nd and before December 21st.
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Pillar of the Community
United States
1667 Posts |
Just updated on the mint website, these 75th anniversary of WWII SAE and GAE are on sale Nov. 5th at 12 noon.
Edited by Big-Kingdom
08/24/2020 2:43 pm
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Pillar of the Community
United States
7036 Posts |
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Bedrock of the Community
United States
10982 Posts |
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Just updated on the mint website, these 75th anniversary of WWII SAE and GAE are on sale Nov. 5th at 12 noon. As an FYI, that is Noon U.S. Eastern Time. Going on sale Nov. 9th at Noon ET are the 75th Anniversary of WWII 24K gold 1/2 ounce coin (20XG) and Silver Medal (20XH). |
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Pillar of the Community
United States
1044 Posts |
Huh, so both the silver and gold at the same time. Looks like you're gonna have to be savvy AND lucky if you want both.
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Pillar of the Community
United States
1667 Posts |
Nahhh, you will need to go for the gold first, then order the silver. Together will slow you down, and there's going to be a lot less time for the gold one when HSN and everyone else gets their minions on it.
1945 gold is minuscule.
75,000 silver you will have a couple hours until a sell out I'd think at 1 per household.
I think game plan would be to go for the gold first then the silver if you are intent on purchasing both, still though, I see the gold selling out in seconds to minutes with the "buyers" for the retailers. I think the "add to cart" is going to happen and lock up right away with 2000 committed and pending completion. I dunno. 1945 ain't a whole lot. there's more dealers than that alone that probably want at least one of these in the country.
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Replies: 88 / Views: 16,161 |
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Posted 08/07/2020 10:11 am
