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Replies: 762 / Views: 63,754 |
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Pillar of the Community
United States
656 Posts |
I will be getting one for sure!
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Pillar of the Community
United States
5208 Posts |
Baseball HOF flashback. The gold had a limit of 50K with a purchase limit. It sold out the first day at $400 per coin. This set is $62. While baseball may have a wider fanbase than Roosevelt I'm sure most of the baseball coins that sold the first day were to wholesale slabbers / TV shows / dealers etc and I think this set will go the same route in the first day if not couple of days.
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Valued Member
74 Posts |
I've cut back on buying, but I will get this one.
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Pillar of the Community
United States
4901 Posts |
Quote: The gold had a limit of 50K with a purchase limit.
It sold out the first day at $400 per coin. Just to clarify...the Gold HOF 50k limit was divided between two coins (unc/PF 18/32k)) so it accelerated the sellout
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Pillar of the Community
United States
1026 Posts |
I think comparing Baseball HOF gold coins with the March of Dimes set is comparing apples and oranges. The former were considerably more expensive, the first curved coins to be minted by the US Mint and appealed not only to numismatists but also SOME Baseball fans. The latter will appeal only to die-hard dimes collectors imho. I just can't see these being worth more than issue price in the long run. There will be a hype early on, esp. for all the FS or ER addicted collectors, but that's it. I'm still on the fence if I buy a set or not. 75k is a lot if you consider the above. Decisions, decisions...
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Moderator
 United States
23522 Posts |
Quote: While baseball may have a wider fanbase than Roosevelt I'm sure most of the baseball coins that sold the first day were to wholesale slabbers / TV shows / dealers etc and I think this set will go the same route in the first day if not couple of days.
I don't see it reaching the frenzy of the baseball coins, but the Mint takes care of the hands which feed it and that's why I'm unworried about eventually finding them on the secondary (I should probably call it tertiary) market a few months down the road. I'd be surprised if "collectors" get half of them, straight from the Mint.
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Pillar of the Community
United States
1037 Posts |
I'll be getting a set or two and plan on ordering them next Monday. Looking forward to the W-minted silver dime, this will de-throne my 1996 W clad dime. Not to mention the reverse-proof coin, the P-minted silver dime. I've put off buying the MOD proof dollar so I can get it in this set.
Edited by welder 04/29/2015 3:32 pm
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Bedrock of the Community
United States
17884 Posts |
Quote: While baseball may have a wider fanbase than Roosevelt I'm sure most of the baseball coins that sold the first day were to wholesale slabbers / TV shows / dealers etc and I think this set will go the same route in the first day if not couple of days. But there are a lot more smaller collectors who can afford this set than could afford the gold baseball coins. There are a LOT of smaller collectors who collect dimes than gold or gold commems, and then you have those collectors who all freak out over RP coins, and finally just the speculators who love the idea of having two unique coins in a low cost low mintage set.
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Pillar of the Community
United States
6130 Posts |
Not even going to lie... I'm buying at least two so I can catch the ebay hype train price rollercoaster! Will probably keep one for myself, but honestly I think this is a terrible investment for anything longer than 1-6 months, especially since the list price includes a $10 "donation" to the March of Dimes.
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Pillar of the Community
United States
2589 Posts |
I've made arrangements to acquire a significant number of these, so long as my friends place their ordering before the sellout occurs :)
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Pillar of the Community
United States
1026 Posts |
Good luck, Xavier, as I made the executive decision to skip these. I'll focus solely on 5oz ATB's from now. The rest the US Mint has to offer has little to no chance of appreciation. It is also the small matter of running out of space! ;)
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Pillar of the Community
United States
4901 Posts |
Quote: but honestly I think this is a terrible investment for anything longer than 1-6 months, especially since the list price includes a $10 "donation" to the March of Dimes. 1) "terrible investment"? How much downside can a $62 set have? Totally disagree...I'm in for a bunch 2) $10 "donation" to the MOD....that would be a good thing...better than the "donation" to the Baseball HOF or most other commem "donations" (I should add that quite a few sets have already been sold as presales for around 50%+ profit...)
Edited by Foxwoods Man 04/29/2015 2:56 pm
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Moderator
 United States
189052 Posts |
I agree with both comments made by Foxwoods Man in the post above. Even though I am not in it for an investment, I feel it will hold its value.
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Bedrock of the Community
United States
17884 Posts |
Look at it this way the silver dollar is worth at least $20 just as a silver dollar even if it has little collector value. That means the dimes need to be worth around at least $20 each for the set to hold it's value. The 1996 W with a mintage of a little over a million is somewhere in the $15 to $20 range, so what are the chances a dime with a mintage of only 75,000 is going to do worse than that? This set should have no trouble holding its value and does have good potential for value appreciation.
I just have no interest in it though, the reverse just put me off too much.
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Pillar of the Community
United States
2589 Posts |
These things are already selling in presales near $100 a set on ebay, once they sell out id wager it will stay slightly above 2X issue price for quite some time. The situation here is exactly akin to the 2014 Native American dollar coin currency set, the 1998 matte kennedy set, and the 1997 matte nickel set. The keys to the series are in this set, if you want a 2015 w dime the only way to get one is through this set.
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Replies: 762 / Views: 63,754 |