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 Replies: 23 / Views: 8,195 |
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Pillar of the Community
United States
5837 Posts |
I'd prefer seeing a 1/2 to 3/4 portrait like the $10 Indian vs. Liberty holding flag and torch, the design lacks the classic appeal. This will properly be one of the lowest sales from the Mint? And then twenty years from now, everyone would wonder "Why I didn't purchase it."!
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Pillar of the Community
United States
5862 Posts |
I like it, personally. Have they indicated what the price is likely to be? I keep thinking of the last high relief gold coin the mint issued (the 2009 Ultra High Relief American Gold Eagle) that still sells for something like $2000 despite the fact that gold prices have cratered since the coin was minted. With a mintage of only 50,000, I think this has a chance of being another winner.
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Pillar of the Community
United States
7390 Posts |
Looks like Jackie kennedy role playing for jfk
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Valued Member
United States
75 Posts |
I don't find the design compelling at all.
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Pillar of the Community
United States
899 Posts |
My opinion - this isn't a coin - it is a medal with a $ value on it. The $ value is useless and has little meaning in the context of coins. It is a contrived "coin" that does little but generate profits for the mint. It won't be a series (thank god), and has no tie to any previous coin release. The dollar value on the coin is unique - but heck - gold is selling for $1100 and ounce and you have the chance to pay $1500 for a $100 coin worth $1100 and say you have one.
This will be a bullion release and way over priced at that.
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Valued Member
United States
461 Posts |
I hate the reverse but kinda love the obverse. I love the flag. Anyway... I think this will be a hit then fizzle after a few months. It will always carry a premium but not as much as the 2009 high relief
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Bedrock of the Community
United States
10982 Posts |
Quote:
...The dollar value on the coin is unique - but heck - gold is selling for $1100 and ounce and you have the chance to pay $1500 for a $100 coin worth $1100 and say you have one.
This will be a bullion release and way over priced at that. You have a good point. I believe these will sell out quickly and probably will be gone within 24 hours but what happens with pieces the big boys buy in bulk and end up with a 69 grade? There's a chance you could buy a 69 slabbed piece on the secondary market for $1250 or so. It looks like I'll be waiting to see.  |
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Valued Member
United States
57 Posts |
It went off this morning at $1,490 plus S&H.
That's one big premium over the Spot Price.
After all, it's only Bullion, it's not a true
Numismatic Collectable.
Besides, the re-design of Liberty is terrible.
Why must the revisionists keep messing with
history.
rs
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New Member
United States
1 Posts |
Can't believe all of the negative comments. This coin is beautiful, she is fit and strong not anorexic, google anorexic to see what it is. Love the placement of LIBERTY - This coin will make the "100 greatest coins". Very proud to own 2.
24K
50,000 limit
.9999
$100
Sold out with in hours -
Can't complain about perfection - but some do.
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Pillar of the Community
United States
3789 Posts |
Not only is this coin ugly but the Mint's pricing is way off. If one wanted this coin, you let all the flippers grab it first then wait 6-8 months and this coin will be hundreds dollars less than its initial release price, whatever it may be.
This is how it always is lol
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Pillar of the Community
United States
7390 Posts |
This coin looks like they had a "coin of the future" design contest at the 1932 world's fair
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New Member
United States
43 Posts |
The obverse and price was a deal breaker for me. Liberty on the obverse is way too big. The premium is a rip off. I think the U.S. Mint is trying to capitalize on gullible flippers.
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Pillar of the Community
United States
899 Posts |
This is not a sold out offering - there are still thousands to be sold.
Perfection? There were 50,000 to be sold - 37,000 have been sold to between 12 and 15,000 buyers... I think you might be looking at the wrong numbers to perceive that as a huge seller. This "coin" will languish on the secondary market for a long time. If the average buyer bought 1 (which I see a lot here say they did), that leaves about 20,000 of these in the resellers hands, and the mint with about 13,000 left to sell themselves.
Edited by Doug58s
08/01/2015 04:33 am
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Pillar of the Community
United States
5837 Posts |
What happens if this coin doesn't sell out? Does the remaining balance get melted over period of time, or production simply ceases. Unlike the 2009 UHR, this one just isn't popular with certain collectors, could be the modern design lacking the old style charisma.
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Pillar of the Community
United States
899 Posts |
macmercury... the mint has already made the money on these. These will be on sale until they are sold out. If it came to melting them it isn't a great loss - since these are pure gold - it isn't like they have to do much beyond heating them to melt and pouring them into new molds.
Edited by Doug58s
08/01/2015 05:05 am
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Replies: 23 / Views: 8,195 |
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First Page
Posted 07/25/2015 2:39 pm
