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US Mint 2016 24k Gold Coins To Celebrate 1916 Designs

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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 11/30/2016  07:57 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
Sales at 48,976 as of Sunday
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clairhardesty's Avatar
United States
1027 Posts
 Posted 11/30/2016  7:10 pm  Show Profile   Bookmark this reply Add clairhardesty to your friends list Get a Link to this Reply
Here is an even closer view of the "struck through" error on my 2106-W Walking Liberty Centennial coin. If anyone has a better explanation for this anomaly, please offer it. Struck through may be right but I am just not sure because it looks different than other such errors that I have.

US-Mint-2016-24k-Gold-Coins-To-Celebrate-1916-Designs
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Debrajc's Avatar
United States
4211 Posts
 Posted 11/30/2016  7:22 pm  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
@claire. Thanks for the new pics.

The 2009 UHR and the Walker. Beautiful pics and great shots of the LL's!
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Morgans Dad's Avatar
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5646 Posts
 Posted 11/30/2016  10:20 pm  Show Profile   Bookmark this reply Add Morgans Dad to your friends list Get a Link to this Reply
Hello Clair, If I may, That possible strike through looks interesting, to me it appears to be a possible damaged die. I wonder how many dies were used to produce these, to date? PS, Love your suggestion about the celebratory Morgan silver dollars for the Anniversary too......
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clairhardesty's Avatar
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 Posted 12/01/2016  11:57 pm  Show Profile   Bookmark this reply Add clairhardesty to your friends list Get a Link to this Reply
morgans dad, if you rotate the above image 180 degrees, it does that optical illusion thing where it looks inverted in 3 dimensions and gives an idea of what the die (plus any contaminants) must have looked like if these anomalies were present at the time of striking. It looks like there is just some crud (scientific term) sitting in the depression of the die that forms the lettering.

US-Mint-2016-24k-Gold-Coins-To-Celebrate-1916-Designs
Edited by clairhardesty
12/01/2016 11:58 pm
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Foxwoods Man's Avatar
United States
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 Posted 12/02/2016  07:48 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
Nice job with that pic...CDH
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United States
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 Posted 12/10/2016  7:44 pm  Show Profile   Bookmark this reply Add terry8835 to your friends list Get a Link to this Reply
What are the numbers today on sales of the SLQ and the LWH? Was price the only reason the gold dimes sold out so fast? MS condition SLQ's really are sublime. They are a beautiful coin as is the LWH dollar. I guess the price is knocking people back since gold is selling below $1200 an ounce.
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westernsky's Avatar
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7648 Posts
 Posted 12/10/2016  8:30 pm  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
Terry...

The dimes sold out quickly because the household limit was 10. That limit initially put a lot of coins in fewer people's hands and made it easier for speculators to corner the market.
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 Posted 12/11/2016  7:31 pm  Show Profile   Bookmark this reply Add terry8835 to your friends list Get a Link to this Reply
Westernsky

That is what I thought. I bet speculators had all their friends and relatives buy ten coins and they got 100 instead of ten. I would like one but will not pay those prices for the so-called MS70 examples I see on ebay. I got the quarter and half dollar and I think they were expensive, no doubt. I think they should do all the classic coins including Morgans, Peace dollars, Indian Head pennies etc. I think the Mint should size the coins as they were originally even if it means adding some base metal for the final 10%.
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Foxwoods Man's Avatar
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4901 Posts
 Posted 12/12/2016  07:29 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
You can get a 70 grade gold Mercury for around $260...that's very close to what it would have cost to send in a raw one yourself and MAYBE get a 70 back.

Not an unreasonable price
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westernsky's Avatar
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7648 Posts
 Posted 12/12/2016  08:13 am  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
Terry...

The price on the gold dimes fell like a rock a few months after the coins were issued and is now around issue price. If gold keeps dropping they are going to be below issue price soon.

The "window of opportunity" for the speculators closed up pretty quick on this one.
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KCSO's Avatar
United States
11 Posts
 Posted 12/13/2016  06:21 am  Show Profile   Bookmark this reply Add KCSO to your friends list Get a Link to this Reply
X-ray Bravo 16 all loaded up on Santa's sleigh.., just one for all the good boys and girls out there for a little early Christmas cheer come Thursday.
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KCSO's Avatar
United States
11 Posts
 Posted 12/13/2016  06:24 am  Show Profile   Bookmark this reply Add KCSO to your friends list Get a Link to this Reply
With a HHL of 1, prroblably the worse case sceanrio for more flipping and further deterioration to your point Westernsky
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BH1964's Avatar
United States
10982 Posts
 Posted 12/13/2016  09:25 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
For those still considering a Gold Walker Half there is a good possibility of these dropping to $815/ea before Christmas. Gold spot falling under $1150 will do the trick.
ANA #R3154474
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muddler's Avatar
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7201 Posts
 Posted 12/13/2016  10:09 am  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
I just got an email from the mint announcing the gold Mercury dime will be issued again December 15 price to be determined. This is the one I was unable to get due to speculators.
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