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Replies: 56 / Views: 9,107 |
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Bedrock of the Community
13014 Posts |
Everyone is aware that every organization big enough to get a coin at this point has millions right? None of the modern ones actually "need" the money so that argument is effective arguing to eliminate the modern series or just have an entire series of cancer coins/dieting children/wounded vets/homeless ect. Worthy causes but the most depressing series ever. I could dismantle the entire series if we're going to be making worthy necessity arguments.
Honestly how many times do I need to repeat myself, baseball does fund the hof. They didn't stop because of this coin yet it keeps getting repeated over and over that they should do something they already do. At least be factually accurate when being critical.
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Pillar of the Community
United States
4901 Posts |
Regarding a sell out (from the locked thread)
Recent issues have not been big hits
Gold (pf & ms totaled together) 2013 Generals ....................11.4k 2012 Star Spangled $5 gold approx. 25k 2011 US Army $5 gold ......approx 25K 2011 Medal of Honor....... approx 25k
Silver dollar (combined total for MS & PF) 2013 generals .....93k 2013 Girl scouts ..118k 2012 Star Spangled 210k 2011 US Army ......164k 2011 Medal of Honor 170k
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Valued Member
United States
64 Posts |
Sorry, I do not believe that the Base Hall of Fame and Major League Baseball are separate. They are the same organization.
Though, I am sure for legal reasons, a lawyer did create a new organization.
If it looks like a duck, quacks like a duck, files like a duck, it is a duck.
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Bedrock of the Community
13014 Posts |
MLB doesn't make money off the hof they give money to support it.
Opinions don't change reality. Billion dollar organizations don't nickel and dime something they support with their own money. It would be pointless to steal it. Girl Scout cookies are a billion dollar industry no one complained they had enough money already
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Valued Member
United States
64 Posts |
That is what I said. MLB should pay to support the HOF. If they won't, the HOF should close its doors.
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Bedrock of the Community
13014 Posts |
For the 100th time the MLB does pay for it.
Youre still ignoring the fact that that can be said about every single commemorative.
Like I said the series desperately needed one that gets people excited and generates a lot of buzz, this has successfully done that
Edited by basebal21 03/20/2014 5:54 pm
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New Member
United States
5 Posts |
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Valued Member
United States
317 Posts |
If the mintage numbers are astronomical like 1980's mintage sales and both sell out from the 50k option, I wouldn't be interested in the coins and just wait for next year's offering.
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Valued Member
United States
335 Posts |
So, the question is - @ $56 (shipped), is the silver proof version of this coin a worthwhile investment (# of 400,000 minted)? Because of the 1st ever of the doming feature, that is. Gold out of my league (pun intended) & personally, would not consider the clad version either as collectable, really.
Edited by zookr 03/22/2014 7:13 pm
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Pillar of the Community
United States
899 Posts |
Penny - your post is rather confusing. The 80's mintages were in the millions for many of the commemoratives and these are limited to 50,000 gold and 400,000 silver pieces. There is no comparison to the 80's mint totals.
zookr - as an investment? While it is possible these will go up in value - it is tough to call these coins investments. Most modern commemoratives already have a rather high premium placed on them via surcharges and artificial markups by the mint. The trend of late seems to be to look for an instant premium after the conclusion of the mints sales - if there isn't a bounce higher people seem to believe the sale was a flop. So it is tough to say what these will do. From a collectors view point - a unique 1st time offering that can be bought straight from the mint is kind of a no brainer.
Edited by Doug58s 03/23/2014 06:59 am
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Valued Member
United States
317 Posts |
I was referring to the 80's astronomical gold coin mintage numbers where 30,000 gold commemorative coins looks to be the normal mintage and where we had a few years with over 300,000 in gold commemorative coins struck in a single year back in the 80's compared to the latest trend of only around 6,000 minted the last few years.
Just me, but if these HOF gold coins sell off with the 50k limit being reached when the mintage numbers have been 5000-6000 the last few years I'm passing on it because too many have it. Unusually high mintage numbers equal lower premiums, just look at the regular 80s gold coins.
I would rather place the money in the upcoming gold US Marshall coin or gold Twain with the expectation of lower mintage numbers that have been the trend the last few years. With the premium on the 5oz collector pucks being so low with the subscription rate this year I might just take the money and put into more silver next year.
But I'll just watch the mintage numbers and decide later in the year for this gold commemorative. My thinking is, I'd rather have a Jackie Robinson in the drawer than a Statue of Liberty gold commemorative.
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Bedrock of the Community
13014 Posts |
Montage really has very little to do with premiums. It's all just supply and demand. The first spouse golds have minuscule mintages yet very few people want them while the 01 buffalo has a very large mintage but a huge premium. If these sell out the premiums should follow given the popularity. There's not a lot of set collectors for modern commems especially for the gold versions. People jump in and out of the series a lot getting the ones they really like.
It's true a lower mintage means less interest required to stress the supply, but the increased interest has to come which for a lot of them it hasn't.
Edited by basebal21 03/23/2014 5:02 pm
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CCF Master Historian of USA Commemoratives
 United States
12298 Posts |
I buy the new releases as they come out, usually within a day or two of their release. Their authorized maximum mintages and/or their potential popularity do not factor into my buying decisions. I'm a commemorative collector and enjoy keeping my clad, silver and gold sets current. As I've stated numerous times here on CCF, I believe the modern US commemorative coins should be "collected" not "invested in." Just MHO!
I do think, however, that there is a chance for the gold coins â€" even if they sell out â€" to show and sustain an increased value in the secondary market. I could be wrong, of course, but the level of "ink" that the coins have gotten in the mainstream press should result in higher sales than the most recent gold commemoratives and could impact lasting demand.
Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Pillar of the Community
United States
5211 Posts |
Anyone else get an order from in the mail from the mint with "introductory pricing" if ordered before March 27?
No pricing for the gold coin though.
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Pillar of the Community
United States
1373 Posts |
Yes, I got the "introductory pricing" offer in the male Saturday but I'm not at all happy with the costs. The dollar and half-dollar coins are priced more than three times what I was hoping for when I first heard of the items being made by the mint. I am going to pass.
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Replies: 56 / Views: 9,107 |