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 Replies: 11 / Views: 2,712 |
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Valued Member
United States
287 Posts |
It shouldn't come as a surprise to anyone that the once bold relief of our coinage has... diminished over time. I don't have a problem with this as it doesn't hinder the coin's visual appeal for me, nor are they rendered any less effective as mediums of exchange. However, I acknowledge that a sizable number of you prefer to be able to "feel" your coins, but on the other hand, I respect the mint's decision to flatten the designs as it's simply more practical for mass striking and ensuring prolonged die integrity. Classic style higher relief  Modern style lower relief  So with this all said, I couldn't help but notice the Mint's numismatic offerings have exploded over the years; never have consumers had a more diverse offering of products ranging from circulating to bullion coinage. The circulation grade S mintmark ATB Quarters are my case in point, as I never assumed a market would exist for ordinary, business strike S quarters, yet I stand corrected.  If the Mint were to offer high relief examples of circulating coins through rolls, bags, boxes, etc for a small premium, would you be willing to make the purchase, or would it be too gimmicky for your taste? YGP
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Pillar of the Community
United States
1913 Posts |
I would likely make the purchase if it was something I needed to complete a series or I just liked the design.
Edited by Bret
07/03/2019 1:32 pm
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Pillar of the Community
 United States
8938 Posts |
I dunno for Lincolns maybe
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Rest in Peace
United States
17900 Posts |
Please -No. They get closer to the RCM's massive yearly variety already. Remember Beenie Babies, Sports cards after 1987 or comics after 1990? When the average collector has no chance of buying all production units, ESPECIALLY "created rarities", a downfall is in the making. Take a look at mintage production for US commemorative coins. They continue to drop as so many are produced for marginally interesting events or dates. You can now buy PCGS and NGC mint state commemorative gold issues in MS-70 with mintages under 5000 for $50 over bullion value. Buying the same coin from the mint, without grading, costs $100 or more over bullion. Why buy from the mint when the price will go down on MOST issues if you wait a couple years? |
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Pillar of the Community
United States
533 Posts |
As another version of an existing coin no I wouldn't like it
I wouldn't mind if they switched some of the commemoratives completely to high relief. But not a low and high version
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Bedrock of the Community
13014 Posts |
Something like a high relief ASE sure, for normal coins there'd have to be a significant difference and a low mintage for me to be interested |
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Pillar of the Community
United States
1613 Posts |
I agree whole heartedly with moxking. With exception to the annual mint sets and an occasional, by that I mean one or two every five years or so, being all that I purchase from the Mint I pick them up at coin shows or dealers at less than issue. As to the subject, I do prefer high relief coins over the standard issues.
ANA member - PAN Member - BCCS Member There are no problems only solutions - the late, great John Lennon
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Bedrock of the Community
United States
36744 Posts |
Mox nailed it, no use buying from the mint when you'll be able to get them cheaper from a retailer a few months down the road. Try selling anything you bought from the mint lately for anywhere near what you paid for it.
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Pillar of the Community
United States
1913 Posts |
Quote:
Try selling anything you bought from the mint lately for anywhere near what you paid for it. 2017 mint sets are going for about 50% over the issue price. The 2017-S proof ASE's are way above the issue price too. Alas, the point is still valid. There are way more losers than winners. |
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Valued Member
 United States
287 Posts |
I agree with you regarding the second hand market but the question doesn't strictly apply to Mint only purchases. My point is if there existed modern high relief uncirculated coins, would you pay ANY premium for them as a numismatic product, at least on the secondary market?
YGP
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Bedrock of the Community
13014 Posts |
Quote:
My point is if there existed modern high relief uncirculated coins, would you pay ANY premium for them as a numismatic product, at least on the secondary market? What's the mintage? By premium do you mean over face value or over issue price, basically everything can get some over face value premium |
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Pillar of the Community
United States
2464 Posts |
circulating coinage? definitely not. (but yes if it's an ASE that the mint would create just one time, and I wouldn't mind seeing that 2021 morgan or Peace dollar in high relief...) |
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Replies: 11 / Views: 2,712 |
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Posted 07/03/2019 1:45 pm
