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1983-P Olympic Dollar

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cc99999's Avatar
United States
1302 Posts
 Posted 01/28/2012  11:34 pm Show Profile   Bookmark this topic Add cc99999 to your friends list Get a Link to this Message Number of Subscribers
1983-P-Olympic-Dollar

As an investment, the 1983-P Olympic Dollar is a bust. Adjusting for inflation, the typical 1983-P cost a little more than the going price on ebay for slabbed MS-69 versions. I picked up this PCGS slabbed MS-69 1983-P for two reasons:

1) My coin interest spun off of my Grandmother's wonderful collection. She had the complete set of these Olympic coins (silver and gold pieces, uncirculated and proof)

2) I place this design as one of the better modern commemorative designs.


I wouldn't recommend this coin as an investment... but as a cool memento, it can't be denied!
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yotie's Avatar
United States
3077 Posts
 Posted 01/29/2012  08:20 am  Show Profile   Bookmark this reply Add yotie to your friends list Get a Link to this Reply
it is a good looking peice of 90% bullion
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nickelsearcher's Avatar
United States
15445 Posts
 Posted 01/29/2012  10:00 am  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
Agree that it is an appealing design.

I've purchased The modern $1 Proof and UNC commemorative direct from the Mint the past three years ... perhaps someday I'll get interested in the set.

David
Take a look at my other hobby ... http://www.jk-dk.art
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cc99999's Avatar
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1302 Posts
 Posted 01/29/2012  10:19 am  Show Profile   Bookmark this reply Add cc99999 to your friends list Get a Link to this Reply
my take on the moderns, like Yotie said, pure bullion, expect nothing more. One of the great things about the early commemoratives was the chance to see the evolving artistic styles of the 20th century. Some coins really show it off- like the Art Deco Cincy and Bridgeport... The modern pieces, too, show that evolving artistic aesthetic- maybe in a more obvious way to me since I lived during this era. I also like the 84 Olympic dollar- the headless torso one that so many knock down as being weird. I think it's wonderful and majestic- depicting a great big modernized Greek coliseum. That said, I think the modern series has a ton of bad design. The Crispus Attucks coin is just plain terrible- bad font for the date, badly realized bust of Attucks, no real explanation for what the coin is about. the reverse is a riff on the equally terrible Constitution Dollar reverse. You wonder how designs like that get through the process... but then again, I think that every time I look at the ridiculously poor design chosen for the "shield" cent.
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muddler's Avatar
United States
7193 Posts
 Posted 01/29/2012  11:29 am  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
I agree that many of the modern commemorative dollars are not great "investments" but the series offers a large variety of designs from just plain ugly to intriguing. I have added each proof variety to my holding since 1996 from the mint and have filled in any missing from before many for less than melt now. A few examples for you.

The good

1983-P-Olympic-Dollar

1983-P-Olympic-Dollar

The bad

1983-P-Olympic-Dollar

1983-P-Olympic-Dollar

And the ugly

1983-P-Olympic-Dollar

1983-P-Olympic-Dollar
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cc99999's Avatar
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1302 Posts
 Posted 01/29/2012  1:19 pm  Show Profile   Bookmark this reply Add cc99999 to your friends list Get a Link to this Reply
a point I make about the Bufallo in my analysis for the modern series is that it is priced at $200 despite the large mintage because of the popular design and because it is the only option for a majority of coin collectors (most of whom cannot afford the gold bullion coin(s)). Do you agree with that observation?

As for great modern designs? POW obverse, 1988 Gold $5 obverse, Community Service Obverse... Desegregation, Dolley Madison, Bald Eagle Gold and Dollar.
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muddler's Avatar
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7193 Posts
 Posted 01/29/2012  5:27 pm  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
cc99999, I don't think that the Buffalo commemorative is sought out by collectors unable to acquire a one oz gold buffalo. They were issues five years prior to the gold bullion coin and were so popular that the mint sold out their limit of 500,000. They were popular then and now due to their design which were copied to the bullion coins.

I would agree with your great design list but would include The Smithsonian dollar and the reverse of the Yellowstone.
Edited by muddler
01/29/2012 5:32 pm
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