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 Replies: 13 / Views: 196 |
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Pillar of the Community
United States
798 Posts |
It appears to me that the Comic Art Series has been less than successful (I'm talking about the gold coins for the purpose of this discussion).
I see the first mint report for the gold Supergirl shows sales at 394 coins.
I don't know if they can legally do this, but what if the mint decided to end sales of the gold Supergirl coin right now, thereby creating an instant rarity? Do you think that would spur sales of future Comic Art releases specifically, and commemorative coin releases in general as collectors might now fear being shut out of a future "instant rarity?"
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Moderator
 United States
196880 Posts |
My take on human nature says yes. My knowledge on the price of gold says... maybe?  I might actually like to collect the (silver) series if medals were more affordable. |
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Pillar of the Community
United States
1876 Posts |
FIFA gold coin sales are not much better. @jbuck nailed the answer.
That said, no matter how much they cost, I would not buy them. I wish the mint stuck to making great collector coins and better circulating coins.
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Moderator
United States
196880 Posts |
I do not mind the Mint creating medals. I really do like the Liberty medal series.
With that being said, I am glad the Comic Art is a series of medals. I would highly disapprove if they were being issued as legal tender coins.
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Valued Member
United States
312 Posts |
Supergirl is $3350 for 1/2 oz gold ($2094 spot), and $400 for >2.5< oz silver ($59 spot). Well above the FIFA gold coin pricing.
[edit: Sorry about the wrong oz size for the $400 product. The $200 one is 1 oz.]
Edited by Corbe
Today 1H 50M ago
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Moderator
United States
196880 Posts |
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and $400 for 1 oz silver ($59 spot) This. This is why I just cannot. For $25 less I can get the diamond field dollar set that is also way overpriced.  |
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Moderator
United States
108585 Posts |
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and $400 for 1 oz silver ($59 spot) THAT is quite a bit of a markup, makes me wonder what the artist charged for their service in creating these monsters. |
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Moderator
United States
15974 Posts |
I'm not in favor at all of the US Mint producing these items.  To the OP question - I say the high price of gold coupled with the additional mint price premium will never allow these to become popular, regardless of the low mintage. |
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CCF Master Historian of Commemorative Coins
United States
12604 Posts |
Quote:
I don't know if they can legally do this, but what if the mint decided to end sales of the gold Supergirl coin right now, thereby creating an instant rarity? Do you think that would spur sales of future Comic Art releases specifically, and commemorative coin releases in general as collectors might now fear being shut out of a future "instant rarity?" Congress did not authorize these medals, the Treasury is producing them under its own general authority. As such, it is in control of the number of medals it strikes/sells. It's likely that the Mint produced an initial batch of the Supergirl gold medals based on its own sales forecasts. If actual sales do not exhaust the number of medals produced, the Mint is under no obligation to produce more medals or continue sales indefinitely; sales of the medal may end with relatively few being sold, There is precedent regarding the Mint ending product sales sooner then expected (think 2012 Proof Sets). so its possible the Mint will close the sale of its gold Supergirl medals earlier than expected, but my guess would be that they would do so only after believing that the potential customer pool is fully depleted and/or it doesn't make economic sense to produce more medals to meet a limited demand. Do I think the low potential sales volume for the gold Supergirl medal will "spur sales" of future releases? A future sales bump may come from speculators who make purchases with visions of positive ROIs, but as long as spot metal prices remain high, I believe these medals are going to remain too expensive for many collectors and thus limit sales. Just my thoughts, your mileage my vary. Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Moderator
United States
196880 Posts |
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Just my thoughts, your mileage my vary. Always appreciated.  |
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Valued Member
United States
312 Posts |
Supergirl gold is a $50 proof coin, not a medal. Supergirl silver is a medal. Unless I'm looking in the wrong place.
Also, the $400 silver price I mentioned earlier -- that's for the boxed 2.5 oz presentation. I didn't notice the $200 sleeved 1 oz version. I really got that wrong, I fixed my earlier post.
Edited by Corbe
Today 1H 50M ago
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CCF Master Historian of Commemorative Coins
United States
12604 Posts |
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Supergirl gold is a $50 proof coin, not a medal. I apologize for my "typo." My comments, however, remain the same. Personally, I consider the golf piece more of a medal than a coin, but I won't repeat the reasons for my views here. Collecting history one coin or medal at a time! (c) commems. All rights reserved.
Edited by commems
Today 1H 30M ago
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Moderator
United States
196880 Posts |
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Supergirl gold is a $50 proof coin, not a medal. Ah, thank you for pointing that out. I am so focused on silver I forget the Mint has the authority to create any gold coin it wants to make—within specified parameters, of course. Can you tell I am not a gold coin (or medal) collector?   |
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Moderator
United States
196880 Posts |
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Personally, I consider the golf piece more of a medal than a coin, but I won't repeat the reasons for my views here. No pushback from me.  |
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Replies: 13 / Views: 196 |
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Posted Yesterday 3:18 pm
