I Was Wondering..... - Coin Community Forum

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Author	Replies: 6 / Views: 1,719
Nickolas086 Valued Member United States 50 Posts	Posted 05/11/2011 3:51 pm Are Commemorative coins were anything? I was thinking about getting an uncirculated silver coin on the mint's site I was just wondering if the value of the coin will go in the future. Report this Post to the Staff

mshev Valued Member United States 312 Posts	Posted 05/11/2011 4:11 pm Well, that's a complicated question and depends on the coin! But, I would recommend at least seeing if you could buy that same coin for cheaper on ebay, although you'll probably find even on there, new releases will carry more premium than older commemoratives in a lot of cases. Report this Post to the Staff
JackB Pillar of the Community United States 1064 Posts	Posted 05/11/2011 4:18 pm I think the newer Red Books also list U.S. commemorative purchase prices for each year, in addition to estimated current worth. Might be worth a quick read to see trends... Report this Post to the Staff
Bizybackson Pillar of the Community United States 1817 Posts	Posted 05/11/2011 5:12 pm That is a tricky question. If you only look at the last 10 years or so of coins, the only silver commemorative that's done really well is the American Buffalo dollar with the Ericsson and Lincoln dollars each having modest gains, all the others are the same as issue price or have declined. As a class, US modern silver commemoratives don't have the price appreciation of other (usually pricier) US Mint products. If you buy, you are either liking the design of the coin or wish to support the organization or the history as represented by the coin, not in mind for investment. With the current legislation of two commemorative issues a year, it's unlikely the fiasco of the glut of coins from the Atlanta Olympics is ever going to happen again in modern silver commemoratives. Report this Post to the Staff
Earle42 Bedrock of the Community United States 10034 Posts	Posted 05/11/2011 5:33 pm Its just my opinion, but I think what is happening at the mint is what I think of as the "Star Wars Collectable syndrome." When the first Star Wars movie came out - they made a specific number of the action figures. These became valuable even before the second round of Star Wars movies/action figures came out since there were more people wanting them than the manufactured number of pieces. When the second group of Star Wars movies were made, the companies had learned that people would buy them like crazy - and they were right. In fact so many were made/sold, that even the ones that were advertised as being "only one per per box delivered to the store" still can only be sold for the original store retail price or thereabouts. The production numbers well exceeded the people wanting them. What is being sold nowadays as collectable, overall, turns out to be so massed produced that the desire to have one - even in future years - will be a goal easily achieved. There are exceptions to the rule - but overall I think this is a trend I have seen. When something truly original happens - like the funky little ladybug coins made at the Canada mint this year - the price is high when they are sold on ebay. But I have a feeling that after a few years the price will drop. And if I am proved wrong - all the better for the people who bought them! How much squash could a Sasquatch squash if a Sasquatch would squash squash? Download and read: Grading the graders Costly TPG ineptitude and No FG Kennedy halves https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2 Report this Post to the Staff
Nickolas086 Valued Member United States 50 Posts	Posted 05/11/2011 9:35 pm I guess I was trying to say if the coins are made out of 99% of silver Report this Post to the Staff
Indian1 Pillar of the Community United States 3640 Posts	Posted 05/13/2011 12:30 am You can check the coins specs. right at the mints site. I would think most are .999 silver. I know of some comms. that are only 90% silver. Report this Post to the Staff
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