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Liberty Bell Gold Coin Release

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howell1018's Avatar
United States
732 Posts
 Posted Yesterday   12:50 am Show Profile   Bookmark this topic Add howell1018 to your friends list Get a Link to this Message Number of Subscribers
What's the general consensus here? Will the two gold issues sell out? If so, how quickly? Finally from a purely investment standpoint, do you think they will ultimately prove to be a good purchase?
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nickelsearcher's Avatar
United States
15579 Posts
 Posted Yesterday   06:09 am  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
What are these issues? Can you post a link so those of us out of the loop can see them?
Take a look at my other hobby ... http://www.jk-dk.art
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United States
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 Posted Yesterday   07:43 am  Show Profile   Bookmark this reply Add livingwater to your friends list Get a Link to this Reply
The gold and silver liberty bells are being released July 16. I think they are really cool but the premium is sky high, I won't be trying to get one. They will probably sell out, wealthy collectors getting them.

Here is discussion about the silver version: https://goccf.com/t/490893

Hoc3BCInpsU
Edited by livingwater
Yesterday 07:56 am
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Sap's Avatar
Australia
16882 Posts
 Posted Yesterday   07:52 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
I assume they're talking about the bell-shaped gold one ounce and half-ounce semiquincentennial coins: https://www.usmint.gov/coins/coin-p...hiladelphia/

They're asking for, what, almost 5x bullion value as the initial retail price? It's very rare that a coin with such a huge premium does well on the secondary market. It's also rare that coins celebrating a specific event maintain their high value once the celebrations are done and forgotten. Let's look at it this way: did the 1976 bicentennial commemorative coins enjoy any kind of special premium right now, as the 250th anniversary came and went? I haven't noticed any such. So there's no reason to presume that these 250th coins will gain a sudden surge in value when the tricentennial rolls around in 2076, and not even a super-low mintage can counteract this.

Maybe I'll be proved wrong, and jingoism will win out over cold hard logic. But the fundamentals just don't look promising.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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jbuck's Avatar
United States
190400 Posts
 Posted Yesterday   09:06 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
They will probably sell out, wealthy collectors getting them.
I agree. Mere pocket change for some people.
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United States
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 Posted Yesterday   10:59 am  Show Profile   Bookmark this reply Add pilotaggie to your friends list Get a Link to this Reply
I like the idea but I think the price ultimately hinders these. I will most likely never see one and definitely will not ever have the money to purchase one. In my mind thats a coin that doesn't exist. There are other coins that meet those criteria but they weren't minted specifically for that purpose so I find these a little different. It could have been a lot more fun.
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jbuck's Avatar
United States
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mikev50's Avatar
United States
1958 Posts
 Posted Yesterday   6:55 pm  Show Profile   Bookmark this reply Add mikev50 to your friends list Get a Link to this Reply
ridiculous
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