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








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!

Who's Buying 2020 Mint Sets?

To participate in the forum you must log in or register.
Author Previous TopicReplies: 94 / Views: 9,710Next Topic
Page: of 7
Pillar of the Community
Big-Kingdom's Avatar
United States
1667 Posts
 Posted 12/14/2020  10:04 am  Show Profile   Bookmark this reply Add Big-Kingdom to your friends list Get a Link to this Reply
As of this morning,
Status
Pre-Shipment
December 4, 2020
Pre-Shipment Info Sent to USPS, USPS Awaiting Item.

10 days now..... LOL..... I wonder if I get it by Christmas....
Moderator
Learn More...
jbuck's Avatar
United States
187862 Posts
 Posted 12/14/2020  11:39 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Same here. Christmas? I wonder if I will get my 2020 set in 2020.
Pillar of the Community
nfine's Avatar
United States
3468 Posts
 Posted 12/14/2020  8:22 pm  Show Profile   Bookmark this reply Add nfine to your friends list Get a Link to this Reply
My order that's been "Pre-Shipment" since 12/3 is now at the Memphis Distribution Annex with an estimated Friday delivery!
Bedrock of the Community
sel_69l's Avatar
Australia
21786 Posts
 Posted 12/14/2020  8:38 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Is it cheaper to buy mint sets 2 or 3 years later on the numismatic after market, instead of as new product?
Bedrock of the Community
Conder101's Avatar
United States
17884 Posts
 Posted 12/14/2020  9:20 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Well I don't know what the original prices were from the mint but the 2018 sets are selling in the $26 - $35 range, the 2017 seems to be around $38, the 2016 in the low $40's, the 2015 low $30's, 2014 low $30's, 2013 high $20's, 2012 low $50's, 2011 mid $20's. The 2012 is an oddity, they cut off sales early that year. The mintages isn't really that much lower (In fact it is higher than recent sets) but the sudden cut off created a high demand for the sets that still hasn't gone away. It's a psychological thing.
Pillar of the Community
United States
1913 Posts
 Posted 12/15/2020  09:44 am  Show Profile   Bookmark this reply Add Bret to your friends list Get a Link to this Reply
When comparing the return on investment for mint sets, I think you also need to consider the number of coins, the total face value of the coins and inflation. Take 2015 for example. The sets were issued at $28.95. There were 28 coins with a total face value of $13.82. If they're selling in the low $30 range now on ebay, then once you consider ebay markup or a dealer buying them directly (typically 10% to 15% below greysheet), then there would be basically no return.

It's clear when you look back that the number of people collecting these sets has collapsed over the past ten or fifteen years. Will that continue to happen? I don't know, but I wouldn't be surprised given that younger people are using electronic payments more often than not and what they're being taught is not painting US history in a good light. Most simply don't have the emotional attachment to coins that someone my age (51) might have due to handling coins. In general, I would not buy mint sets hoping for a return on investment. That said, I'm a collector. I want them now and don't want to wait two or three years in the hope that the set might go down a few bucks. We're only on this Earth once. I figure there's a lot to be said for enjoying them now.

All that brings us to the 2020 mint set. Sales as of 12/06/20 were 191,076. Sales as of 12/13/20 were 206,496. Since the production limit is supposed to be only 213,000, it doesn't take a genius to figure out these are going to sell out in the next week or two. The production this low has not happened since 1961 which saw 223,704 sets produced. That set only has 10 coins with a total face value of $1.82 and currently sells in the $50 range. That was a long time ago though. All in all, I think this set will be a winner, especially when those not paying attention find out that they're no longer available. Oddly, there are people currently buying these sets on ebay in the mid $30's. It does make you wonder. I just bought 50 sets. I'll let y'all know in a couple of years how it works out.
Pillar of the Community
Big-Kingdom's Avatar
United States
1667 Posts
 Posted 12/15/2020  11:59 am  Show Profile   Bookmark this reply Add Big-Kingdom to your friends list Get a Link to this Reply
I buy the mint set from the mint to have coins that haven't been looked at by other people. generally speaking, a couple years later they have been looked at and sold and I'd rather take the gamble on one from the mint directly then know I've got one someone else looked at and decided "yeah, I'ma sell it"
Moderator
Learn More...
jbuck's Avatar
United States
187862 Posts
 Posted 12/15/2020  1:13 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
That said, I'm a collector. I want them now and don't want to wait two or three years in the hope that the set might go down a few bucks.



Meanwhile...

My tracking shows activity!

"Departed USPS Regional Facility"

Now I have three items on the way. Two USPS, one UPS. The other two have been in limbo since last week, somewhere in transit.
Moderator
Learn More...
jbuck's Avatar
United States
187862 Posts
 Posted 12/16/2020  4:44 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Whoa! While my Mayflower set took a detour to California and my new Ike is "in transit," the mint set made it to the local PO today! I should get it tomorrow.
Pillar of the Community
United States
1913 Posts
 Posted 12/16/2020  5:04 pm  Show Profile   Bookmark this reply Add Bret to your friends list Get a Link to this Reply
The 2020 mint sets hit remind me status today.
Pillar of the Community
westernsky's Avatar
United States
7615 Posts
 Posted 12/16/2020  5:53 pm  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
The sets I've see so far have very impressive 2020-D half dollars.

Just wished they had not have pulled the plug on the bonus "W" nickel.
Pillar of the Community
Big-Kingdom's Avatar
United States
1667 Posts
 Posted 12/17/2020  09:13 am  Show Profile   Bookmark this reply Add Big-Kingdom to your friends list Get a Link to this Reply
As of this morning,
Status
Pre-Shipment
December 4, 2020
Pre-Shipment Info Sent to USPS, USPS Awaiting Item.

13 days now, marked shipped USPS is awaiting the package...... Budget Shipping $4.95 1-2 weeks.... tomorrow is a full 2 weeks. LOL. Makes me not want to place any more orders.

"Ahemmmm, let me guess, the big snowstorm yesterday is the delay, amIright?"

if it doesn't move by Monday, I'm starting to spam David Ryders Email box.
Moderator
Learn More...
jbuck's Avatar
United States
187862 Posts
 Posted 12/17/2020  10:06 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Out for Delivery!


Quote:
Just wished they had not have pulled the plug on the bonus "W" nickel.
Truth.


Quote:
13 days now, marked shipped USPS is awaiting the package...... Budget Shipping $4.95 1-2 weeks.... tomorrow is a full 2 weeks. LOL.
It has been one month since I ordered the Mayflower set and it is still not here.
Moderator
Learn More...
jbuck's Avatar
United States
187862 Posts
 Posted 12/17/2020  3:25 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I have my set!

I happened to be looking out the windows when the carrier came. Waited for her to pass a safe distance before rushing out to get it. Only piece of mail in my box today.
Pillar of the Community
atticguy's Avatar
United States
1373 Posts
 Posted 12/17/2020  4:00 pm  Show Profile   Bookmark this reply Add atticguy to your friends list Get a Link to this Reply

Quote:
Waited for her to pass a safe distance before rushing out to get it.

What's wrong jbuck? Does she have a restraining order on you?
  Previous TopicReplies: 94 / Views: 9,710Next Topic
Page: of 7

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 0.44 seconds to rattle this change. Forums