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 Replies: 11 / Views: 1,131 |
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Pillar of the Community
United States
745 Posts |
May 20'th for those who want to pay the premium. They aren't saying the mintage but the West Point mintage numbers have been traditionally low. I might pop for one or two. They are handsome coins celebrating the greatest Nation in all History. https://coinweek.com/2025-american-...e-on-may-20/ Edited by Silverskunk
05/17/2025 01:21 am
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Pillar of the Community
United States
656 Posts |
Gee, that is only 2.8 times the current price of one ounce of silver.
I'll pass.
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Pillar of the Community
United States
7613 Posts |
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Gee, that is only 2.8 times the current price of one ounce of silver Sounds like a 125% "tariff" (of some sort) has already been added in! |
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Bedrock of the Community
United States
10982 Posts |
I heard the mintage was 90,000 for this item. If they sell-out (which seems unlikely) that is a relatively low number for a modern U.S. Mint bullion product. I believe more could be struck and placed into other mint products though.
At 180% premium to melt it is hard to imagine these selling out.
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Bedrock of the Community
 United States
10470 Posts |
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Sounds like a 125% "tariff" (of some sort) has already been added in! It may sound like it, instead of the US Mint charging too much, but: " The White House has specifically exempted gold, silver, platinum, and palladium bullion from tariffs. This means that imported gold and silver bullion will not be subject to import duties" |
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Pillar of the Community
 United States
745 Posts |
Nobody is buying them to melt down. 90,000 is a low mintage. Still, its pretty pricey I think and will take a lot of years to reach true numismatic value.
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Moderator
United States
54280 Posts |
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I think and will take a lot of years to reach true numismatic value Would you elaborate on this statement, please? Show your financial support of the Coin Community Family (click here)See my topic on Mexican Numismatic Medals (click here) |
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Pillar of the Community
United States
2213 Posts |
The UNC versions always have smaller mintages, they aren't as popular as the proofs. Lower mintage doesn't guarantee higher value in the future. There has to be collector demand to increase prices.
Edited by livingwater
05/18/2025 1:20 pm
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Bedrock of the Community
United States
10470 Posts |
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There has to be collector demand to increase prices.
Or if silver jumps to over 91$  |
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Pillar of the Community
United States
2213 Posts |
Oh yes, spot prices affect cost especially with gold lately.
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Pillar of the Community
United States
745 Posts |
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Would you elaborate on this statement, please? Well in 1883 who cared if a Morgan dollar was minted in 'frisco and look at it now ? Of the 100,000 minted they still only meant a buck in 1883. Just like a dollar bill, and now you have to bleed for one. Maybe this Liberty will be the same. Who knows ? But one thing is for sure it will take a lot of years. This coin is priced for collectors, not silver stackers. |
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Bedrock of the Community
United States
10982 Posts |
Quote: Well in 1883 who cared if a Morgan dollar was minted in 'frisco and look at it now ? Of the 100,000 minted they still only meant a buck in 1883. Just like a dollar bill, and now you have to bleed for one. Maybe this Liberty will be the same. Who knows ? But one thing is for sure it will take a lot of years. This coin is priced for collectors, not silver stackers. I understand your point. We need to realize of the 1883-S mintage of 100,000 less than 10% exist today. With modern U.S. Mint numismatic products the survival rate will essentially be 100%. |
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Replies: 11 / Views: 1,131 |
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Posted 05/17/2025 01:18 am
