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08-11-2009, 01:55 PM
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#211 (permalink)
| | Member
Join Date: Jul 2007 Location: United States of America
Posts: 3,667
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.
__________________ “Punishment is the way in which society expresses its denunciation of wrongdoing and, in order to maintain respect for law, it is essential that the punishment inflicted for grave crimes should adequately reflect the revulsion felt by the great majority of citizens for them.”
Lord Justice Denning of the Court of Appeals in the United Kingdom
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08-11-2009, 02:05 PM
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#212 (permalink)
| | Member
Join Date: Apr 2009
Posts: 1,204
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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 10:45 PM.
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08-11-2009, 02:22 PM
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#213 (permalink)
| | Numismatist
Join Date: Jan 2007
Posts: 5,968
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, 12:28 AM
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#214 (permalink)
| | Member
Join Date: Jul 2007 Location: United States of America
Posts: 3,667
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!
__________________ “Punishment is the way in which society expresses its denunciation of wrongdoing and, in order to maintain respect for law, it is essential that the punishment inflicted for grave crimes should adequately reflect the revulsion felt by the great majority of citizens for them.”
Lord Justice Denning of the Court of Appeals in the United Kingdom
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08-12-2009, 12:45 AM
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#215 (permalink)
| | Numismatist
Join Date: Jul 2005
Posts: 2,942
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, 09:13 AM
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#216 (permalink)
| | 1909 Collector
Join Date: Jul 2009 Location: Calabasas, CA
Posts: 1,493
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, 05:53 PM
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#217 (permalink)
| | Numismatist
Join Date: Jan 2007
Posts: 5,968
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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08-12-2009, 07:48 PM
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#218 (permalink)
| | Member
Join Date: Apr 2009
Posts: 1,204
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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, 08:25 PM
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#219 (permalink)
| | 1909 Collector
Join Date: Jul 2009 Location: Calabasas, CA
Posts: 1,493
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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08-13-2009, 12:17 PM
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#220 (permalink)
| | Member
Join Date: Apr 2009
Posts: 1,204
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Originally Posted by illini420 In the long run, worst case is that they'll be worth gold melt value  | ...and I would encourage everyone to melt theirs down! |
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08-13-2009, 05:29 PM
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#221 (permalink)
| | Member
Join Date: Jul 2007 Location: United States of America
Posts: 3,667
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.
__________________ “Punishment is the way in which society expresses its denunciation of wrongdoing and, in order to maintain respect for law, it is essential that the punishment inflicted for grave crimes should adequately reflect the revulsion felt by the great majority of citizens for them.”
Lord Justice Denning of the Court of Appeals in the United Kingdom
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08-13-2009, 05:34 PM
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#222 (permalink)
| | krispy
Join Date: Jun 2009 Location: Brooklyn
Posts: 5,606
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, 05:40 PM
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#223 (permalink)
| | Member
Join Date: Jul 2007 Location: United States of America
Posts: 3,667
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.
__________________ “Punishment is the way in which society expresses its denunciation of wrongdoing and, in order to maintain respect for law, it is essential that the punishment inflicted for grave crimes should adequately reflect the revulsion felt by the great majority of citizens for them.”
Lord Justice Denning of the Court of Appeals in the United Kingdom
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08-13-2009, 05:41 PM
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#224 (permalink)
| | krispy
Join Date: Jun 2009 Location: Brooklyn
Posts: 5,606
My Mood: |
I agree and am not waiting for nor expecting anything below 900.
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08-13-2009, 05:44 PM
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#225 (permalink)
| | Sales Associate
Join Date: Jun 2009 Location: Allentown, Pennsylvania
Posts: 401
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Nor am I, I'm buying a 1/4 oz tonight
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