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Updates American Liberty 2016 Silver Medal?

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clairhardesty's Avatar
United States
1027 Posts
 Posted 09/08/2016  1:52 pm  Show Profile   Bookmark this reply Add clairhardesty to your friends list Get a Link to this Reply
I think the thing that bothers me most about the low mintage is that it was so much lower that the mintage of the 2015 gold high-relief coin that these medals are based on. That just seems completely backwards. I missed out just because I forgot, recently moved from TX to CA and am still not used to mint products coming on-line at 09:00AM. I will pick them up after-market and just take the price hit to complete the series (already have the gold version).
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CoinsA-Z's Avatar
United States
33 Posts
 Posted 09/09/2016  06:09 am  Show Profile   Bookmark this reply Add CoinsA-Z to your friends list Get a Link to this Reply
clairhardesty,

There's no doubt in most collector's mind that the mintage of the Amer. Liberty silver medal was too low.

I think if you wait a while longer, prices in the aftermarket should come down a little.

For those who are still on the fence about owning one but haven't purchased one yet, here's a good look at this marvelous looking medal:

uC1NxMNvxIA


*** Edited by Staff to add YouTube tags. [youtube][/youtube] Please use them in the future. We prefer embedded video. ***

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CelticKnot's Avatar
United States
12854 Posts
 Posted 09/09/2016  12:34 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
There was some speculation a few pages back that the low mintage of these medals may have been due in part to the fact that they use the same planchets for these as for the ASEs.
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CoinsA-Z's Avatar
United States
33 Posts
 Posted 09/09/2016  1:43 pm  Show Profile   Bookmark this reply Add CoinsA-Z to your friends list Get a Link to this Reply
I didn't personally bother to corroborate that claim but it's certainly possible....though it does seem like a particularly pathetic reason if it is in fact the reason the US Mint is claiming such a low mintage for these silver medals.

Somehow I doubt that even 50,000 more planchets to be used for te Amer. Liberty medal would have been a problem for the US Mint which apparently has a massive surplus of ASE's in stockpile.
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jbuck's Avatar
United States
189767 Posts
 Posted 09/09/2016  2:17 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I think that if they could spare 25,000 they could have spared 50,000.
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BH1964's Avatar
United States
10982 Posts
 Posted 09/09/2016  7:05 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
That's a cool video. Thanks for posting it.
ANA #R3154474
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 09/12/2016  2:46 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
Medals received by NGC on Wednesday...graded and shipped today
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CelticKnot's Avatar
United States
12854 Posts
 Posted 09/12/2016  3:47 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply

Quote:
I think that if they could spare 25,000 they could have spared 50,000.


Probably - but could they spare time on the presses?
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jbuck's Avatar
United States
189767 Posts
 Posted 09/12/2016  5:53 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Sure. They are going to stamp them as ASE, they can do the medals the same.
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hcmusicguy's Avatar
United States
814 Posts
 Posted 09/12/2016  6:03 pm  Show Profile   Bookmark this reply Add hcmusicguy to your friends list Get a Link to this Reply
I haven't been following this very much. But, dang! What a beautiful design, front and back. I guess it would have made too much sense to revamp the ASE using this design.
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 09/14/2016  08:16 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
Ok...here's one for the label haters. Get this:

Here is a COMPLETED SALE for a "First Day of Issue" version of the medals..and we know how rare first day of issue coins are (all of them that presently exist)

So this distinct rarity sold for a reasonable price I guess:

http://www.ebay.com/itm/2016-W-S-AM...AOSw-kdXx0uR

Remember...someone actually paid this. Reinforces my motto: "Don't sell 'em what you want, sell 'em what THEY want"

Edited by Foxwoods Man
09/14/2016 08:17 am
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Cascade's Avatar
United States
7390 Posts
 Posted 09/14/2016  08:53 am  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
SMF! Makes the TV guy prices look legitimate lol
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CelticKnot's Avatar
United States
12854 Posts
 Posted 09/14/2016  10:11 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
WOW. I think I'll list my (not graded) 2nd set of S&W as "First Day of Issue" and see what happens.
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jbuck's Avatar
United States
189767 Posts
 Posted 09/14/2016  10:51 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
That is just ridiculous. I have no sympathy for the buyer. None at all.
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CelticKnot's Avatar
United States
12854 Posts
 Posted 09/14/2016  11:03 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
And there were EIGHTEEN bidders with SIXTY bids. So either it was a shill party or there were a lot of folks that really, really wanted to throw away that much money.

Now, I can understand getting caught up in the excitement of a bidding war and spending more than you had planned on an auction, but that's just crazy.
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