| Author |
 Replies: 136 / Views: 5,911 |
|
Pillar of the Community
United States
974 Posts |
7,500 mintage for the Gold and 20,000 silver. Estimates for time to sellout?
|
|
|
|
Moderator
United States
94627 Posts |
I am more worried about getting a silver medal that day.  I hope they are nowhere near as popular as the American Eagle coins were yesterday. |
|
Pillar of the Community
United States
635 Posts |
Those suckers were gone in no time! I checked in not two hours after it started and both silver and gold were sold out!
AND not only that, but within the day, I got emails from third-party sellers offering the coins for more than the mint price!
Edited by twslisa
11/06/2020 10:39 am
|
|
Valued Member
United States
154 Posts |
The $25 gold piece has a mintage of 7,500 and a price tag of $1,335. I would suspect it would sell out on Monday, though the premium over spot is some $400 give or take. It depends on whether greed or price point wins out.
|
|
Pillar of the Community
United States
825 Posts |
Quote:
Those suckers were gone in no time! I checked in not two hours after it started and both silver and gold were sold out! Did you think they were going to be available after two hours?
|
|
Valued Member
United States
107 Posts |
Are medal sales really that popular? I have always stayed away from medals.
|
|
Pillar of the Community
United States
825 Posts |
Quote:
Are medal sales really that popular? I have always stayed away from medals. Typically not but the low mintage may make it a hot item.
|
|
Valued Member
United States
153 Posts |
Gold is pre-selling on Ebay for $3-$4K, so I expect more bikes and boats.
|
|
New Member
United States
27 Posts |
I like the look of the gold one more than the silver. Other than "I like it" why should I get the gold?
|
|
Pillar of the Community
United States
796 Posts |
I have some US commemorative coins , but have never sold any. On average, do you really get the premium back? $400 seems like a lot. Yes, I know, you could probably recoup that if you sell on eBay immediately. But I'm holding and leaving it for my two boys, seems risky to me.
|
|
Pillar of the Community
United States
635 Posts |
Quote:
On average, do you really get the premium back? I'm curious about that as well. I haven't looked into commemoratives, much.
|
|
Pillar of the Community
United States
974 Posts |
I don't think it holds that premium long term
|
|
Valued Member
United States
498 Posts |
My coin store usually sells me any gold commemorative for slightly more than melt. As for premiums, usually commemorative coins dont hold value. Before COVID, I could buy bulk commemorative dollars (1982-1991) for $16 shipped. I think this one is going to be a hit because it is such a drastic event it is commemorating and very low mintages.
|
|
Moderator
United States
94627 Posts |
Quote:
Are medal sales really that popular? I have always stayed away from medals. I blame commems for making me like medals now. 
|
|
Pillar of the Community
United States
3713 Posts |
This seems to me to be like 1st spouse issues. Initial hype and low mintage but just bullion value later.
|
|
Moderator
United States
94627 Posts |
This seems as good a topic as any to track today's progress. If others get bumper or created I will point them here. 46 minutes to go... Good luck to all!   |
|
Replies: 136 / Views: 5,911 |
|
Posted 11/05/2020 9:53 pm
