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 Replies: 24 / Views: 2,298 |
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Valued Member
United States
85 Posts |
As some of you know the US Mint is releasing a new Commerative Silver Dollar celebrating the 100th anniversery of the Old San Francisco US Mint. For people who don't know about this program you can visit the US mint website and find out about it through this link http://usmint.gov/mint_programs/com...on=OldSFMint Does anyone think this Silver Dollar will be popular? If so why? Do anyone think these will sell out fast? Opinions are recommended. Eric Edited by Eric Kreszl
10/15/2006 5:33 pm
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Member
United States
3242 Posts |
I order 2 in august 15 I hope so!!!!!
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Moderator
 United States
23522 Posts |
I suspect the sellout isn't even in question. Today's market is pretty feverish, with new customers and ebay resellers dueling like hungry piranha over these new issues. I'll either get in on the initial issue, or I'll wait a year or two for the feeding frenzy to die down and prices stabilize. |
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Valued Member
 United States
85 Posts |
Well I actually order some today One in Uncirculated and one in Proof Condition.
Eric
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Pillar of the Community
United States
1327 Posts |
I order one back when they were relesed, But I canceled my order after thinking about the amount the was minted I will will hurt there value. but hope I am wrong fro those of you who did order them.
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Valued Member
United States
85 Posts |
Well The main reason I bought it was because of the design and the fact that it had the Morgan silver dollar Reverse on the reverse of the coin itself. CONSEDERING TODAY'S NUMISMATIC MARKET IT WOULD BE IMPOSSIBLE FOR ME TO BUY A PROOF Morgan silver dollar AND THE FACT THAT PROOF Morgan silver dollars WERE NEVER STRUCK THAT GOOD TO BEGIN WITH. Eric |
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Pillar of the Community
United States
1203 Posts |
Well, put me down as someone who thinks this issue will fall flat on it's face! There just aren't that many coin collectors who will make this a profitable purchase.
I will admit thinking of buying one but put my money in DCarr's silver Denver Mint commemorative coin. For design and beauty the San Fran coin cant even hold a candle to this coin.
So time will tell, and I hope no one looses to much on this issue.
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New Member
United States
33 Posts |
quote:
Originally posted by OldDan
DCarr's silver Denver Mint commemorative coin
OldDan, That's one nice commemorative token. Great design.  |
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Valued Member
United States
179 Posts |
Based on the sales numbers posted weekly in the Numismatic News,  I'd say there appears to be no danger of a sellout for the silver or gold issues.  Probably not a popular theme, judging by the sales so far. I ordered them to keep my sets current,  but a happy thought is if the issues fall flat, the prices will do better in the aftermarket due to the lower mintages  |
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Valued Member
United States
85 Posts |
I agree. Probably later the Collector Value will go up due to the mintage figures.
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Pillar of the Community
United States
1541 Posts |
I doubt there will be a sell out. With all the excitement about the Buffalo and silver eagles set, no ones talking about the SF commem and the legacy set.
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Member
United States
3242 Posts |
I look at my order at the mint it was to be shipped 10/26 and now its back-ordered to 12/15! They are just fools with my money,but they are the only place to buy it!
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Valued Member
United States
394 Posts |
quote:
Originally posted by shatsi
I doubt there will be a sell out. With all the excitement about the Buffalo and silver eagles set, no ones talking about the SF commem and the legacy set.
shatsi, I'll bet after the coins are actually put in the public's hands (sometime in December 06), we'll see a lot of noise about them, particularly the "Legacy Set" which will be in high demand after issue. Berry |
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Valued Member
United States
390 Posts |
And who knows what uproar will be created once they start going on ebay. That seems to be driving the frenzies these days.  Hey! My 100th post! |
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Bedrock of the Community
United States
20753 Posts |
I have been keeping away from all commemorative coins. I go to about 3 coin shows a month and have noticed not much of a market for any of them. I dumped all the commemorative coins I used to have and barly came out ahead of what I spent for them. Unless you just like commemorative coins, my suggestion is forget it.
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Valued Member
United States
179 Posts |
Just Carl has a point...
I do keep my set of modern commems current for the reasoning that if someone had bought one of the eqarly commems as they were issued, what would that set be worth in high int state today? I realize there are a lot higher mintages of moderns in most cases, but a hundred years from now who knows what a legacy like that might be worth?
I do know what an expensive proposition buying coins for my early commem set is!!!
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Replies: 24 / Views: 2,298 |
Posted 10/15/2006 5:30 pm
