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 Replies: 5 / Views: 3,029 |
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Pillar of the Community
United States
1116 Posts |
I was just wondering if the two coin set is going to be more collectible than say the uncirculated coins? I would be very much interested to learn what the sales figures on these coins are.
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CCF Master Historian of USA Commemoratives
 United States
12273 Posts |
Long term, I would be surprised if the two-coin SSB proof set maintains any sort of premium vs. the other coins in the program. The set doesn't include anything that can't be obtained individually and so doesn't represent any type of "limited edition."
In terms of proof vs. uncirculated, time will tell which will sell more units. If one or the other winds up being disproportionately low vs. the others it will likely be the long-term winner.
Sales as of about a week ago showed about 45,000 silver dollar proof and about 19,000 silver dollar uncirculated sold -- a typical ratio for silver dollars. On the gold side, it was a bit more balanced for individual sales with about 3,100 proofs and 2,300 uncirculateds sold. The two-piece set had sales of just over 6,100, however, so those numbers need to be added to the individual proof sales figures. Once they are, the gold proof coins show about a 4 to 1 sales ratio over the uncirculated coins.
Final sales numbers won't be available until next January as the coins can be sold until the end of the year.
In short, if you're looking for ROI potential, I'd buy the uncirculated coins in either silver or gold as history suggest they will carry more of a premium in the future.
Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Pillar of the Community
United States
2295 Posts |
The only reason to buy a set instead of individual coins is that the set is usually cheaper. Since the BU coins usually have a much lower mintage, they tend to go up in price. You can follow their mintage numbers throughout the year on the Numismatic News' (NN) web site. I wish the US Mint's web site would publish the active mintages of their commems and bullion pieces, but since NN does it, not much of a big deal. |
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Valued Member
United States
268 Posts |
That sounds like a cool set I will have to look it up on google to see some pictures
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CCF Master Historian of USA Commemoratives
United States
12273 Posts |
f16: A visit to http://www.usmint.gov should give you some nice images of the coins along with some historical background on them. Happy collecting! Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Pillar of the Community
United States
1817 Posts |
In the case of the SSB commemoratives, the set is five cents more than the two individual proofs together during the introductory period, and like the poster above says, the uncirculated coins are generally a better buy and command a higher premium in the secondary market after they go off sale. This was definitely the case with the two gold unc coins from last year as each sold less than 10,000, and may be a similar number for the SSB coin if gold stays up above $1,500 for year. Under 8,500 coins sold is probably the new normal expected yearly sale of the $5.00 uncirculated coin, especially for niche topics that do not appeal to a wide spectrum of the collecting public. The SSB coins might appeal to a greater number of people than the two commemorative coin offerings of 2011.
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Posted 03/22/2012 11:44 am
