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Why I Collect Modern BU Commemorative Dollars

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nickelsearcher's Avatar
United States
15445 Posts
 Posted 06/07/2011  5:29 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply

Quote:
In my opinion many collectors don't see the opportunity they may have to acquire a nice set of coins.


I say the exact same thing about the classic US silver commemorative set! Good to see we both share a common passion.

Outstanding coins you are showing us here ... truly lovely coins with history and stories. I can see why you are addicted and can truly appreciate the hunt for all of them.

Sooo .. I actually have a few of these ... starting last year (2010) I purchased 1 each UNC and Proof of each of the commemorative dollars ... have 4 now in each strike condition (8 total) ... along with the Lincoln Dollar that came with my Coins & Chronicles set. Believe that one is proof?

Perhaps when I finish my classic set then I might pursue a modern dollar set ... your coins are inspiring and I really appreciate you sharing all the photos.

David
Take a look at my other hobby ... http://www.jk-dk.art
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jbuck's Avatar
United States
188770 Posts
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GR58's Avatar
United States
11951 Posts
 Posted 06/07/2011  8:45 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply

Quote:
Sooo .. I actually have a few of these ... starting last year (2010) I purchased 1 each UNC and Proof of each of the commemorative dollars ... have 4 now in each strike condition (8 total) ... along with the Lincoln Dollar that came with my Coins & Chronicles set. Believe that one is proof


Thanks for the comments Nickelsearcher.
Yes that Lincoln C&C has proof coins. That will be one
set I have, that I would not break open.

I wish I could do a Early classic half dollar set, I don't think I am ready to put the funds needed into do a good set of them, maybe someday.

I think I am going to take my collecting into a new direction. Try to complete sets I have started that I like
and get rid of the ones I don't care about.

I think commemorative dollars will be important part of my collection.
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GR58's Avatar
United States
11951 Posts
 Posted 06/07/2011  8:54 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
Want to post a BU and proof Lincoln .. just to show the different .. both are nice



Why-I-Collect-Modern-BU-Commemorative-Dollars



Why-I-Collect-Modern-BU-Commemorative-Dollars
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ckrakowski's Avatar
979 Posts
 Posted 06/07/2011  9:05 pm  Show Profile   Bookmark this reply Add ckrakowski to your friends list Get a Link to this Reply
hey goldrush58 I have the korea dollar coin but mine is a satin proof from the philly mint. I still have the litte box it came in and the little insert that came with it.
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GR58's Avatar
United States
11951 Posts
 Posted 06/07/2011  9:26 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply

Quote:
hey goldrush58 I have the korea dollar coin but mine is a satin proof from the philly mint. I still have the litte box it came in and the little insert that came with it.


ckrakowski - that sounds interesting, does the paper(COA)
say it is satin proof. I have never been to the mint stores, so I am not familiar with what products they sell.

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ckrakowski's Avatar
979 Posts
 Posted 06/07/2011  9:47 pm  Show Profile   Bookmark this reply Add ckrakowski to your friends list Get a Link to this Reply

Quote:
I have never been to the mint stores


neither have I it was given to my old man back in 1991 and he gave it to me about 3 years ago
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ckrakowski's Avatar
979 Posts
 Posted 06/07/2011  9:50 pm  Show Profile   Bookmark this reply Add ckrakowski to your friends list Get a Link to this Reply
sorry just looked at it and it is a silver proof and yes it says that on the COA.
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GR58's Avatar
United States
11951 Posts
 Posted 06/07/2011  10:05 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
okay .. I was wondering .. because I have only heard of the proof and BU coins.

I am sure that is a nice looking coin in the proof version.
Valued Member
United States
59 Posts
 Posted 06/08/2011  10:26 pm  Show Profile   Bookmark this reply Add 97guns to your friends list Get a Link to this Reply
what is the conscensious of the forum on the lincoln dollar, do you guys think the premium and desirablilty will increase?
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GR58's Avatar
United States
11951 Posts
 Posted 06/08/2011  11:57 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
I see where you started a post on the same subject. I think the answers will still be the same

Very popular commemorative coins seem to go up in value when released and then the price comes
down and will level off. There are 500,000 Proof and BU 2009 Lincoln dollars, that is a lot
for commemorative dollars. Most people who wanted one .. have one.

Something would have to happen that would cause them to make any big increases in value.
Who knows what that might be.

Also, what was posted in your other thread, is there are other commemorative coins that
have a much lower mintage, in the 50K range that would be more of a sleeper coin.
These lower mintage coins may increase in value when it becomes more popular to collect
commemorative dollars as sets, If it ever does become popular.

Common comm dollars have gone up in value because of the rise of the price of silver. Most likely they would go back down if silver price goes back down.

I do know there are many that are being sent to be melted. That could affect availability of certain coins .. but will take many years to see how that turns out.
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paleoguy45's Avatar
United States
2936 Posts
 Posted 06/17/2011  6:22 pm  Show Profile   Bookmark this reply Add paleoguy45 to your friends list Get a Link to this Reply
Great coins all GoldRush. I finished a complete set of the Modern Halves and Dollars - MS and Proof and it was probably the most fun I've had so far in building a collection (with the possible exception of my Type Set). As an aside - the total CURRENT retail cost for the complete sets in MS/PF-69 is right at $11K. I, like you, consider it money well invested. I was initially attracted to these by reading a book written by a former Head of the ANA which extolled the virtue of collecting the MS varieties as you had indicated because of the low mintages some of them have. I just hope the Mint doesn't pull a 1936 or 1996 trick and start pumping lots of them out. One or two issues per year is perfect. I'm also hoping Dansco will get onboard and offer a third album to house the dollar commems. I had to use a blank 38MM album and make my own. Paleoguy
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GR58's Avatar
United States
11951 Posts
 Posted 06/18/2011  08:22 am  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
Paleoguy45 ... WOW .. I did not know you had a complete set, that is very impressive.

I think it will take me a couple more years to complete mine .. and I only want the BU/UNC one.

I hope to pick up a few more at the coin show today
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RMAN4443's Avatar
United States
187 Posts
 Posted 07/31/2011  5:37 pm  Show Profile   Bookmark this reply Add RMAN4443 to your friends list Get a Link to this Reply
i love the commems.,so many aspects to collecting them,historical,monetary,sports,science...the list goes on and on
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coinut's Avatar
United States
362 Posts
 Posted 10/10/2011  11:11 pm  Show Profile   Bookmark this reply Add coinut to your friends list Get a Link to this Reply
Just found this and as I have never held or looked at a BU modern commemorative coin I did not know how nice they look! I am about halfway or so on mu PF set but I may have to expand my horizons to the BU as well.
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