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09-09-2009, 08:57 PM
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#1 (permalink)
| | Senior Member
Join Date: May 2006
Posts: 320
| Who is going to buy the 5 oz silver National Park Quarters?
The US mint will be making a 5 oz diameter Silver National Park quarter for each new quarter. It will be huge, three inches in diameter.
The face value will still be 25 cents.
Who is going to collect the complete 56 piece set?
I am out, the set is just too big (physically).
280 oz of silver.
I might buy one or two but that is it.
Last edited by taurus876; 09-09-2009 at 09:09 PM.
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09-09-2009, 08:58 PM
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#2 (permalink)
| | huldufolk
Join Date: May 2008 Location: Michigan
Posts: 4,281
My Mood: |
I'm out too. The premium over spot will more than likely be enormous, like the coins themselves.
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09-09-2009, 09:57 PM
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#3 (permalink)
| | Member
Join Date: Apr 2009 Location: Northern CA
Posts: 176
My Mood: | here's the full press release
link to Mint press release on 2010 quarters; http://www.usmint.gov/pressroom/inde...elease&ID=1061
I like the idea, but I'm disappointed that the obverse is still going to be the same Washington profile. Can't they at least make it a facing portrait, like the nickel?
I thought Moy would be more creative and bold. Well, the 5-oz versions are a bit bold, and expensive.
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09-09-2009, 10:50 PM
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#4 (permalink)
| | ANA# R3152287
Join Date: Apr 2008 Location: Illinois
Posts: 1,701
My Mood: |
Wow, an 11 year program. I knew they were doing this but I didn't know there would be that many. What's next?
I agree, the premiums will likely be very high and they won't be easily stored. I'm surprised they didn't do this with the state quarter program. You'd think a lot of people would have wanted the 5 oz quarter of their home state. I don't know if the parks will see the same popularity quite honestly.
__________________
When the well's dry, we know the worth of water.
- Benjamin Franklin
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09-09-2009, 10:51 PM
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#5 (permalink)
| | 1909 Collector
Join Date: Jul 2009 Location: Calabasas, CA
Posts: 1,088
My Mood: |
I think it's really odd that the last year there is only one quarter to be released??? What's that all about.
Will buy the 5oz. silver if they aren't too much higher than spot. So I guess that probably means I'm not buying them |
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09-10-2009, 03:37 AM
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#6 (permalink)
| | Junior Member
Join Date: Aug 2009 Location: WI
Posts: 64
My Mood: |
That is weird. I can't see them having too big of runs for these. I can't see them selling too well either. I don't know though. What will the runs be? I can't see them doing 250k of these like is typical with the commeratives. Maybe the first 5 since they could be pretty rare. But who knows. Quote:
Originally Posted by taurus876 The US mint will be making a 5 oz diameter Silver National Park quarter for each new quarter. It will be huge, three inches in diameter.
The face value will still be 25 cents.
Who is going to collect the complete 56 piece set?
I am out, the set is just too big (physically).
280 oz of silver.
I might buy one or two but that is it. | |
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09-10-2009, 08:45 AM
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#7 (permalink)
| | Senior Member
Join Date: May 2006
Posts: 320
| Quote:
Originally Posted by RedOakPresoBox Maybe the first 5 since they could be pretty rare. But who knows. | I believe that the middle years will be the most rare. After everyone gets tired of the program.
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09-10-2009, 09:19 AM
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#8 (permalink)
| | Coin Hoarder
Join Date: Dec 2008 Location: Knoxville
Posts: 1,266
| The Mint can keep them - I can see the future,
The Mint can keep them - I can see the future now,,
People will be bringing them in to us (if they can lift them) and they will be like 99.9% of modern mint products and we will offer 30 to 40% back of bid - they will really be in to deep when silver goes back to $6 or $7.
__________________ Benjamin Harrison Peters III Owner/Operator The Knoxville Coin Show Longest running Coin Show in the south now for over 27 years! |
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09-10-2009, 09:50 AM
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#9 (permalink)
| | Numismatist
Join Date: Nov 2005
Posts: 4,472
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I've said this before. The Mint is on the verge of making coins a similar to stamps thing. Same thing that happened to Beanie Babies, Hot wheel cars, baseball/football cards. Most collectors get irritated and stop collecting. Yes there will always be some, just as with stamps, but they will continue to flood the market with excessive STUFF and the end is in site. I'm for one have already stopped collecting quarters. I'm just wondering when they will start a your own picture on coins thing.
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09-10-2009, 10:12 AM
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#10 (permalink)
| | Senior Analyst
Join Date: Sep 2006
Posts: 1,258
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This is freaking awesome. I can't wait to see on eof those 5 ouncers in person.
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09-10-2009, 10:33 AM
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#11 (permalink)
| | Coin Collector
Join Date: Aug 2008
Posts: 1,491
| Kidding of course
One in proof, one in satin, one in uncirculated, and of course you should have your choice of purchasing either the silver or clad versions. It will be far-out to get some of these 3" coins in change and I can't wait to begin roll searching these things for errors & varieties.
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