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American Eagle 2019 One Ounce Palladium Reverse Proof Coin

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BadDog's Avatar
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1374 Posts
 Posted 08/14/2019  3:08 pm Show Profile   Bookmark this topic Add BadDog to your friends list Get a Link to this Message Number of Subscribers
Mintage will be 30K (double last year's 15K). Reverse proof this year versus last year's frosted proof. With the current price of Pd, the coin's price would be $1,837.50, around $450 more than last year. Initial HH limit still is one coin.

Release date is Sep 5th.

Any predictions? Will this one go as fast as last year's or is the mintage and price now too high?





Edited by BadDog
08/14/2019 3:22 pm
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machine20's Avatar
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 Posted 08/14/2019  6:18 pm  Show Profile   Bookmark this reply Add machine20 to your friends list Get a Link to this Reply
it's a pity they raised the mintage
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nickelsearcher's Avatar
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 Posted 08/14/2019  6:26 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
I ask who really cares?

The modern US Mint offerings have IMHO served to turn off many collectors who used to try and keep up with the issues - who remains in collecting all of these issues?
Take a look at my other hobby ... http://www.jk-dk.art
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basebal21's Avatar
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 Posted 08/15/2019  01:11 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Or really sure what to think of this one. It's a design many live and RPs in general are popular, but the increased mintage by that much seems to be a mistake in terms of future value.
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machine20's Avatar
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 Posted 08/15/2019  07:22 am  Show Profile   Bookmark this reply Add machine20 to your friends list Get a Link to this Reply
if they can't sell 50k apollo gold coins, how will they sell 30k of these?
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coincollector123's Avatar
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850 Posts
 Posted 08/15/2019  11:24 am  Show Profile   Bookmark this reply Add coincollector123 to your friends list Get a Link to this Reply
Well they sold last years out pretty quick. But that was 15k mintage and at 1200-1300 each. First year they did a proof Palladium Eagle (I think they messed up by issuing a 2017 coin that was issued only to dealers)
But with Palladium now being $1,440 I think it will be very difficult to sell 15k let alone 30k.

I do like the design of the reverse and I wish they had other options like they do with palladium/gold coins from the mint.
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jbuck's Avatar
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 Posted 08/15/2019  11:54 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
if they can't sell 50k apollo gold coins, how will they sell 30k of these?
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basebal21's Avatar
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 Posted 08/15/2019  6:43 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
if they can't sell 50k apollo gold coins, how will they sell 30k of these?


20-25k probably would have gotten people a lot more excited
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CelticKnot's Avatar
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 Posted 08/16/2019  12:29 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply

Quote:
20-25k probably would have gotten people a lot more excited

Indeed, or another 15k mintatge.

I'm tapped out this year after all the Apollo stuff.
New Member
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 Posted 09/01/2019  7:14 pm  Show Profile   Bookmark this reply Add cyberman to your friends list Get a Link to this Reply
Looks like HSN Mike had these on last night for $3999.95. ANACS RP70 FDOI. I'll pass on that ...
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misfit's Avatar
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135 Posts
 Posted 09/03/2019  1:17 pm  Show Profile   Bookmark this reply Add misfit to your friends list Get a Link to this Reply
Love the design of this coin, wish they made it in silver. I can't justify $1800+ for a coin when saving for a house.
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jbuck's Avatar
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 Posted 09/03/2019  2:52 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Love the design of this coin, wish they made it in silver. I can't justify $1800+ for a coin when saving for a house.
I agree. Or even after you got a house and then, you know, bills.
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BadDog's Avatar
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 Posted 09/03/2019  3:43 pm  Show Profile   Bookmark this reply Add BadDog to your friends list Get a Link to this Reply
First off, it should be mentioned that the release date is delayed a week and is now September 12th.

A few ebay pre-sales have already occurred

A couple of PCGS graded PR70s have sold. One with a First Day Long Beach Expo label (will this label even exist now that the release is after the Expo ) went for $3,990 and another with a First Strike label went for $3,199. An OGP coin sold for $2,500.

With Pd just under $1500/ozt, the Mint's price should be $1,887.50.

Has anyone heard of any dealers offering bounties to get around the HH limits (I haven't)?
Edited by BadDog
09/03/2019 3:53 pm
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basebal21's Avatar
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 Posted 09/03/2019  3:54 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
One with a First Day Long Beach Expo label (will this label even exist now that the release is after the Expo


If it's not sold and graded at Long Beach it won't be a Long Beach label. Unless the mint brings some there and sells them that label won't exist anymore with the delay
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CelticKnot's Avatar
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 Posted 09/04/2019  12:50 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
The 30k max is steering me away from this one. I haven't heard of any dealers/bounties...which is probably about the only way I'd do this coin at the moment.
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coincollector123's Avatar
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850 Posts
 Posted 09/11/2019  5:05 pm  Show Profile   Bookmark this reply Add coincollector123 to your friends list Get a Link to this Reply
So it comes out tomorrow and its sale price is 1987.50... I wonder if they were thinking the price of Palladium would go up so they could sell it more? Oh well. At this price its too expensive for me. I do love my 2018 Proof Palladium though. I wish they had like 1/10 ounce or 1/4 ounce so more people could enjoy the design.
Maybe next year.
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