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Hall Of Fame Curved Coins

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Pillar of the Community
MeadowviewCollector's Avatar
United States
4409 Posts
 Posted 03/23/2014  11:08 pm  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list Get a Link to this Reply
Does introductory price basically mean pre-sale?


-MV
CCF Master Historian of USA Commemoratives
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commems's Avatar
United States
12300 Posts
 Posted 03/23/2014  11:57 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply

Quote:
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'm afraid you had very unrealistic expectations. The prices of the new coins are in line with recent commemorative releases by the Mint.


Collecting history one coin or medal at a time! (c) commems. All rights reserved.
Valued Member
United States
263 Posts
 Posted 03/24/2014  12:20 am  Show Profile   Bookmark this reply Add Spott to your friends list Get a Link to this Reply
It looks like the introductory price is a discount offer:


Quote:
"Those buying any of the commemoratives during the first 30 days will catch a price discount ranging from $4 â€" $5 per coin. Offered in collector proof and uncirculated qualities, the U.S. Mint will sell up to 750,000 clad half-dollars, up to 400,000 silver dollars and up to 50,000 $5 gold coins.

Here are price points for the coins:

Prices for National Baseball Hall of Fame Coins*

Mintages Introductory Prices Regular Prices
Proof 50c Clad Half-Dollar 750,000 $19.95 $23.95
Uncirculated 50c Clad Half-Dollar $18.95 $22.95
Proof Silver Dollar 400,000 $51.95 $56.95
Uncirculated Silver Dollar $47.95 $52.95
Proof $5 Gold Coins 50,000 $436.90 $441.90
Uncirculated $5 Gold Coins $431.90 $436.90

*Pricing of the clad and silver commemorative coins are static while those minted in gold can vary each Wednesday depending on a weekly average of the London gold fixing. The gold coin prices are based on an average gold fixing that is within a range of $1,350.00 to $1,399.99 an ounce. Every $50 move from that range, up or down, will result in a $12.15 adjustment in the price of the gold coins. (See Mint gold coin pricing chart.)

Introductory pricing ends on April 28, 2014 at 5 p.m. ET, when regular pricing takes effect. At that time, buyers will have to pay $4 more for each clad half-dollar and $5 more for each silver dollar."


http://www.coinnews.net/2014/03/19/...tory-prices/
CCF Master Historian of USA Commemoratives
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commems's Avatar
United States
12300 Posts
 Posted 03/24/2014  09:04 am  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply
Just FYI: These discounts are nothing new, the Mint offers them for all new commemorative coin issues. They were also announced on the Mint's web site last week (except for the gold coin pricing).




Collecting history one coin or medal at a time! (c) commems. All rights reserved.
Moderator
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jbuck's Avatar
United States
189502 Posts
 Posted 03/24/2014  2:11 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
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!
An opinion I share and it is worth repeating.
Valued Member
United States
317 Posts
 Posted 03/24/2014  7:31 pm  Show Profile   Bookmark this reply Add PennyPiggy to your friends list Get a Link to this Reply
Commems we clearly have different collecting objectives. I cannot use your approach to collecting so many commemorative coins because I do not have the money if you include the gold coins or a few of the exclusive early commemorative coins in high grades, nor do I feel comfortable paying the exceptionally high premiums for quality early US commemorative coins and I fundamentally do not support a few of the organizations of both early and modern commemorative coins. So I knew from the start that trying to get every commemorative coin wasn't going to happen.

To use a baseball card analogy here, my coin collecting goals do not include having boxes and albums full of common cards when I could have spotted the Hall of Famers at an early stage by staying informed with the hobby. I just do not want to throw money on the common cards that I could have thrown money into the Hall of Famers. That's why I'm here, to learn about coins and stay on top of what people are thinking about Mint offerings.

But as for your opinion that modern commemorative should be collected rather than invested in, I have to disagree with you. Just look at last year's gold MacArthur offerings, we knew that coin's potential late in year while it was still available from the Mint. Now is the best time to buy, but selectively.
Bedrock of the Community
basebal21's Avatar
13014 Posts
 Posted 03/24/2014  7:43 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
As I've stated numerous times here on CCF, I believe the modern US commemorative coins should be "collected" not "invested in."


I agree. While I do see investment potential from time to time, modern commems and probably commems in general arent the place to be for investing in coins.

Its a great series overall that should be enjoyed for what it is, but the interest just interest there overall and the mintages are generally too high to expect any real returns except for the occasional issue or grade rarity.
Pillar of the Community
United States
5211 Posts
 Posted 03/24/2014  8:46 pm  Show Profile   Bookmark this reply Add jack jeckel to your friends list Get a Link to this Reply
So if silver was back to $4.05 an ounce like in late 2001 what would the price of the silver dollar be and the price of the clad half since there is no precious metal in it?

I am curious how much the mint plays the precious metal markup game vs pure profit on clad.
CCF Master Historian of USA Commemoratives
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commems's Avatar
United States
12300 Posts
 Posted 03/24/2014  10:50 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply

Quote:
So if silver was back to $4.05 an ounce like in late 2001 what would the price of the silver dollar be

Based on the Mint's recent pricing models, I would estimate a price of about $40 (proof) and $35 (Unc).

In 2001, the Mint's Capitol Visitors Center SD was sold for $37 (proof) and $32 (Unc). In 2002, the Salt Lake City SDs were sold at the same prices.

The US Mint is far more reasonable with the pricing of its precious metal coins than just about any other world mint. And that even includes the surcharges that are factored in whereas such "extra" costs are not a part of most world commemorative coin issues.


Collecting history one coin or medal at a time! (c) commems. All rights reserved.
Valued Member
United States
317 Posts
 Posted 03/24/2014  11:14 pm  Show Profile   Bookmark this reply Add PennyPiggy to your friends list Get a Link to this Reply
I remember buying a silver and clad set Statue of Liberty set was something like $25-30 when silver was something like $5 an ounce or so in ‘86 and the gold commemorative was something like $150.

Doug provided a very good site to look that information up called moderncommeratives

You can look up the initial offering prices of commemorative coins and some background info there.
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burks's Avatar
United States
118 Posts
 Posted 03/26/2014  12:04 am  Show Profile   Bookmark this reply Add burks to your friends list Get a Link to this Reply
I'll just get one each of the silvers. Neat design. Might snag a proof clad for dad.
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