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08-11-2009, 02:55 PM
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#1 (permalink)
| | Member
Join Date: Jul 2007 Location: United States of America
Posts: 3,378
My Mood:  | Quote:
Originally Posted by yakpoo  Granted, these are bullion coins and not true commemoratives...but they're really a bit of a hybrid. Looking back at the Modern Commemorative gold pieces (any denomination...ms67 or pr67), these coins sell pretty much at bullion prices until the mintages dip below 30,000.
From there, prices rise rather significantly as the mintages fall. Over time, I'm guessing the numismatic value of the Spouse coins will make up for the Mint's premium and any loss due to a contracting gold market...personal opinion (I've been wrong before). At least I'm putting my money where my mouth is. | Amen Brother! My thoughts exactly. 
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"These are the times that try men's' souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country; but he that stands it now, deserves the love and thanks of man and woman. Tyranny, like hell, is not easily conquered; yet we have this consolation with us, that the harder the conflict, the more glorious the triumph."
Thomas Paine, Intro to the The Crisis, December 19, 1776 | 
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08-11-2009, 02:32 PM
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#2 (permalink)
| | Coin Hoarder
Join Date: Dec 2006
Posts: 654
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I think the thing is these are half ounce gold coins and most commemorative gold is 1/4 ounce. That may not seem like much however if you look at gold eagles there is a difference in the way the coins go for premiums.
Fewer people can collect 1/2 ounce gold vs 1/4 ounce.
That being said I am not saying to avoid these coins, only to not expect the prices to jump this year or next year is all. Historically the numbers are low and some time in the future they will do well, at least some of them will.
I noticed on the Louisa Adams coin I ordered that the striking in not very high relief, it was the opposite, so low relief it was barely a strike at least on the obverse.
For the price they charge they should have put more effort into better relief on these coins. Not all of them are that bad but it is inconsistent is all. The reverse are nice I must say, however people don't buy only for the reverses.
This coin series is 39 coins and so far only 6 have ended sales. So we have many years left to see what happens anyway, Lol.
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08-11-2009, 02:39 PM
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#3 (permalink)
| | Coin Hoarder
Join Date: Dec 2006
Posts: 654
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If gold prices keep rising then the premiums will start dropping and sales will crash.
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08-11-2009, 03:05 PM
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#4 (permalink)
| | Member
Join Date: Apr 2009
Posts: 824
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Dude...your picture scares me! Looks like the "chair" scene in Casino Royale...(Ouch! right in the coin purse.) 
Last edited by yakpoo; 08-11-2009 at 11:45 PM.
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08-11-2009, 03:22 PM
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#5 (permalink)
| | jasmine
Join Date: Jan 2007 Location: new york city
Posts: 5,390
My Mood:  |
mostly likely. few years from now. all the spouses will be over $1,000.00 each. then we will enjoy it.
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08-12-2009, 01:28 AM
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#6 (permalink)
| | Member
Join Date: Jul 2007 Location: United States of America
Posts: 3,378
My Mood: | Quote:
Originally Posted by elaine 1970 mostly likely. few years from now. all the spouses will be over $1,000.00 each. then we will enjoy it. | And those of us with complete proof and unc sets will enjoy it a little bit more! 
__________________
"These are the times that try men's' souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country; but he that stands it now, deserves the love and thanks of man and woman. Tyranny, like hell, is not easily conquered; yet we have this consolation with us, that the harder the conflict, the more glorious the triumph."
Thomas Paine, Intro to the The Crisis, December 19, 1776 | |
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08-12-2009, 01:45 AM
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#7 (permalink)
| | Numismatist
Join Date: Jul 2005
Posts: 2,706
My Mood:  | Quote:
Originally Posted by elaine 1970 mostly likely. few years from now. all the spouses will be over $1,000.00 each. then we will enjoy it. | Maybe maybe not
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08-12-2009, 08:48 PM
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#8 (permalink)
| | Member
Join Date: Apr 2009
Posts: 824
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Originally Posted by Danr Maybe maybe not | It took a while, but someone eventually put up a BIN of $679 for an Unc Monroe...and I jumped on it...I needed it! I think you'll see something special with this series once it's done (2015, I think). I'm often wrong, but I don't think I am in this case...we'll see!
There may be a number of sub-series that come out of this...
Liberties
Democrates
Rebublicans
Whigs
Proofs, only
Uncs, only
19th century
20th century
Pre-Civil War
Post Civil War/Pre WWI
WWI-WWII
Post WWII
Post WWIII (j/k)
...who knows?
These low mintages can't be bad in the long run.
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08-12-2009, 09:25 PM
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#9 (permalink)
| | 1909 Collector
Join Date: Jul 2009 Location: Calabasas, CA
Posts: 1,088
My Mood: | Quote:
Originally Posted by yakpoo ...who knows?
These low mintages can't be bad in the long run. | I think it's a good play for someone who is buying gold anyways... i mean I'd rather be buying these than the boring Eagles (and I am buying them).
In the long run, worst case is that they'll be worth gold melt value  | |
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08-12-2009, 10:13 AM
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#10 (permalink)
| | 1909 Collector
Join Date: Jul 2009 Location: Calabasas, CA
Posts: 1,088
My Mood: |
Just wondering why you are thinking the spouse coins will be worth $1000 each?
Because gold will be over $2000 per ounce??? If so, the spouse coins will likely cost $1300 a piece so I won't be happy they are only worth $1000.
But if it is because the numismatic value of the coins has increased to $1000 each, then sure, I'd probably be ok with that | |
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08-12-2009, 06:53 PM
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#11 (permalink)
| | jasmine
Join Date: Jan 2007 Location: new york city
Posts: 5,390
My Mood: |
jackson's liberty - 7749 (P), 4459 (U)
van buren's liberty - 6379 (P), 3573 (U)
anna harrison - 5229 (P), 2562 (U)
letitia tyler - 3265 (P), 1670 (U)
julie tyler - 1539 (P), 830 (U)
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08-13-2009, 06:29 PM
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#12 (permalink)
| | Member
Join Date: Jul 2007 Location: United States of America
Posts: 3,378
My Mood: |
Anybody notice that the London fix remained above $950 today and the mint (as of 5:28pm EST) has not raised their prices yet!!! This may be the last chance to buy the FS coins or UHR coins at their current prices for a while. Prices may be changed over night.
__________________
"These are the times that try men's' souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country; but he that stands it now, deserves the love and thanks of man and woman. Tyranny, like hell, is not easily conquered; yet we have this consolation with us, that the harder the conflict, the more glorious the triumph."
Thomas Paine, Intro to the The Crisis, December 19, 1776 | |
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08-13-2009, 06:34 PM
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#13 (permalink)
| | krispy
Join Date: Jun 2009 Location: Brooklyn
Posts: 2,591
My Mood:  |
Yes! I noticed the prices and checked the UHR on the Mint site midday. And NO!!!! I'm not ready to buy a UHR yet... despite my desire for one all year... oh this dilemma is killing me. I know it won't drop down to the next level but I was hoping they'd stay at least at the current level.
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08-13-2009, 06:40 PM
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#14 (permalink)
| | Member
Join Date: Jul 2007 Location: United States of America
Posts: 3,378
My Mood: | Quote:
Originally Posted by krispy Yes! I noticed the prices and checked the UHR on the Mint site midday. And NO!!!! I'm not ready to buy a UHR yet... despite my desire for one all year... oh this dilemma is killing me. I know it won't drop down to the next level but I was hoping they'd stay at least at the current level. | Whatcha waiting for Chris...the time to jump is NOW! I have enough money to purchase one FS coin which I will do here in 5 minutes. I feel confident that the price of gold will drop back down again, but I also believe that it will not drop below $900 like everyone is hoping and thinking.
__________________
"These are the times that try men's' souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country; but he that stands it now, deserves the love and thanks of man and woman. Tyranny, like hell, is not easily conquered; yet we have this consolation with us, that the harder the conflict, the more glorious the triumph."
Thomas Paine, Intro to the The Crisis, December 19, 1776 | |
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08-13-2009, 06:41 PM
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#15 (permalink)
| | krispy
Join Date: Jun 2009 Location: Brooklyn
Posts: 2,591
My Mood: |
I agree and am not waiting for nor expecting anything below 900.
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