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 Replies: 80 / Views: 15,336 |
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Pillar of the Community
United States
850 Posts |
I think at this point I would say yes until they saturate the market and have coins sit unsold for awhile. I am hoping they at least make them from different mints/finishes or make them much more limited (like less than 100k per release) 250k for RP and 400k for proof seems high.
US Mint ran into the same issue years ago with the Palladium coins. The 2018 proof dropped with like 15k mintage at $1300 and then the next year it was 30k mintage priced at $2300. Made those coins available for years afterwards. I think it was available up until earlier this year. Every year after that it dropped more and more down in mintage. The RP 2022 was $2000 and mintage of 7500.
Edited by coincollector123
10/27/2023 1:42 pm
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Bedrock of the Community
 United States
25995 Posts |
I have subscriptions for ASE Proof W and S. I'll decide on everything else when the time comes. My American Silver Eagle collection http://goccf.com/t/448125My random silver coin collection http://goccf.com/t/449270My MS-70 silver coin collection https://goccf.com/t/490829My dragon silver coin collection https://goccf.com/t/490859 |
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Valued Member
United States
385 Posts |
Looking to get the ASEs, Innovations Proof & Rev. Proof sets
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Valued Member
United States
187 Posts |
This will be my last year doing the 3-coin commemorative sets. Excited about Tubman, and I'm sure Greatest Gen will be nice too. But each year I get both of my kids one set apiece, and with two commems in a year that adds up to about $3,000 total. I've since begun to put away money for them each month into Treasury bonds. And rather than having a safe full of coins for them when I'm gone, I want them to also get 30+ years of savings done for them (hopefully, anyway.)
Edited by ChicagoCoinGuy
10/28/2023 2:27 pm
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Pillar of the Community
United States
1277 Posts |
Having the proof and rp Morgan and Peace as an annual release makes no sense to me. They already made too many this year and I can't justify paying buying these since they may lose half their value over the next 5 years
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Moderator
United States
188560 Posts |
I am not sure if I will continue the Morgan and Peace reverse proof subscription, since the 2023 set will satisfy my type collection.  |
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Valued Member
United States
125 Posts |
Many people were ranting about the stupid high mintages at the mint. I hope they listened.
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Pillar of the Community
United States
1773 Posts |
Interesting to me that everyone is already tired of the Morgan and Peace dollars. I'm thinking subsequent years will end up being low mintages due to demand. I plan on keeping my subscriptions - at least for now. |
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Valued Member
United States
125 Posts |
I'm keeping my subs until I can't afford them anymore.
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Pillar of the Community
United States
1044 Posts |
Quote:As expected, the Morgan & Peace dollar Two-Coin Reverse Proof Set is an annual release. Yup. I'll be changing my qty from 2 to 1. If they lower next year's mintage to say 100k then I may pick it up again. |
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Valued Member
United States
170 Posts |
I will probably cancel my morgan/peace reverse proof subscription. I like them but don't need multiple years. I wouldn't mind keeping up with the regular strike but the price is just too high.
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Pillar of the Community
United States
850 Posts |
Looks like the mintage limit for the 2024 Reverse Proof Morgan/Peace is out now. It went UP from 250,000 to 262,500... However the Proof ones dropped from 400,000 to 300,000.
Looks like I will pass on the 2024 RP set next year as it wont have much appeal comparative to the current year.
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Valued Member
United States
385 Posts |
It would be nice if they took the foot off the gas and limited the production on ASEs.
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Valued Member
United States
125 Posts |
I see the morgan's and Peace dollars are being OVER PRODUCED AGAIN. Not all that collectable now. |
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Pillar of the Community
United States
669 Posts |
I'm going to keep the ASEs on subscription. I might keep the Peace dollars, but the Morgans I'll be cancelling. On the fence regarding the RP set for next year. |
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Replies: 80 / Views: 15,336 |
First Page
Posted 10/28/2023 09:27 am
