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Updates American Liberty 2016 Silver Medal?

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BH1964's Avatar
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 Posted 08/11/2016  08:12 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
Being as it's not a coin are those mintages in line with previous medals? Anyway it is a cool medal for a good price. Proof finish on ASE planchets for $34.95 - hard to go wrong.

Updates-American-Liberty-2016-Silver-Medal?
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machine20's Avatar
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 Posted 08/11/2016  09:41 am  Show Profile   Bookmark this reply Add machine20 to your friends list Get a Link to this Reply
Mintage limit seems low
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 Posted 08/11/2016  10:07 am  Show Profile   Check omxfl's eBay Listings Bookmark this reply Add omxfl to your friends list Get a Link to this Reply
Medal or not, but there were quite a few who simply could not afford the corresponding gold coin who now look forward to this offering. Mintages seem very low in my opinion. Probably 10k orders, that's it... These will sell out quickly.
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commems's Avatar
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 Posted 08/11/2016  10:08 am  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply
I am very surprised at the 12,500 mintage limit for each version of the medal. I expected it to be 10x or more of that number.

The last time the Mint produced a silver medal on ASE planchets - the 9-11 National Medal released in 2011 - the total mintage limit was 2 million. It didn't come close to selling out, however, so I figured the Mint would drop back from that number but didn't expect something in the range of 1% of the 9-11 medal's limit.

It appears we might have another "feeding frenzy" situation on our hands on August 23rd.


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jbuck's Avatar
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 Posted 08/11/2016  12:01 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Oh my! Oh my! Oh my!



I am need to have my game face on that day!
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BigSilver's Avatar
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 Posted 08/11/2016  12:06 pm  Show Profile   Bookmark this reply Add BigSilver to your friends list Get a Link to this Reply
i set a reminder on the US mint website, so I will be ready for that.
I will be definitely getting 2 of each the S and the W.
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Foxwoods Man's Avatar
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 Posted 08/11/2016  12:38 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
So we go from 2 million total from both mints to 25k total from both mints...

70k of the "P" version sold
120k of the "W" version sold

original cost of the 2011 medal:


Quote:
The introductory $56.95 medal price will last two months from its initial June 20 release date. Should the 9/11 medal inventory hold out past 5:00 p.m. ET on August 18, 2011, the regular price of $66.95 goes into effect.


they are now selling around $27-29

Hmmmm....sounds very low for ANYTHING silver from the Mint but will there be interest?

Spot silver was the culprit ranging from $47 weeks before issue to $37 just after
Edited by Foxwoods Man
08/11/2016 12:44 pm
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jbuck's Avatar
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 Posted 08/11/2016  2:04 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I set a reminder on the US mint website, so I will be ready for that.
Just as I did with the C&C sales, I have a reminder set in Outlook, which is synced to my phone. I am not taking any chances.
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winterfell's Avatar
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 Posted 08/11/2016  3:40 pm  Show Profile   Bookmark this reply Add winterfell to your friends list Get a Link to this Reply
I really like how these look, I am in for one of each mint mark, as they are reasonably priced in my opinion. I think it should be pointed out that 12,500 is the product limit, not mintage limit, so the mint could conceivably mint more and include them in another product.
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commems's Avatar
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 Posted 08/11/2016  5:58 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply

Quote:
I think it should be pointed out that 12,500 is the product limit, not mintage limit, so the mint could conceivably mint more and include them in another product.

This is certainly a possibility. This potential is briefly discussed here: Silver American Liberty Medal

I think a key point raised is that the Mint does not typically cap the mintage of the medals it strikes. It has on some occasions (e.g., National Wildlife System silver medals of 2003), but it is not typical.




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CelticKnot's Avatar
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 Posted 08/11/2016  10:58 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Wow... this is going to be quite the land rush!
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mellamobradley46's Avatar
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 Posted 08/12/2016  08:32 am  Show Profile   Bookmark this reply Add mellamobradley46 to your friends list Get a Link to this Reply
Since I doubt I'll have time to add both to cart before sellout, I wonder which I should go to first?
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Mister Kairu's Avatar
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1911 Posts
 Posted 08/12/2016  09:45 am  Show Profile   Bookmark this reply Add Mister Kairu to your friends list Get a Link to this Reply
Good luck to all hunting! Low mintage and all, but I don't much care for the design for keeping and if I tried reselling I don't know if there would be much of an interest on the secondary. Hope all who wants one can get one though. :)
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jbuck's Avatar
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 Posted 08/12/2016  11:02 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
A two medal set (one from each mint) would make for a good second product offering.
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CelticKnot's Avatar
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12845 Posts
 Posted 08/12/2016  11:21 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply

Quote:
A two medal set (one from each mint) would make for a good second product offering.

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