2011 "Army" Coins

Proof 54K
UNC 36K

Has there ever been an uncirculated issue that outsold the proof issue?

 

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That scenario rarely happens, but here is a case in which it did:

1996-W Smithsonian Institution 150th Anniversary PR G$5: 8,948
1996-W Smithsonian Institution 150th Anniversary BU G$5: 21,840

So, you are going with 90K sold (not a sell-out) of the $5 Army gold. Is that due to cost or some other reason(s)?

TC

 

Thanks for the info on the Smithsonian coin, TC. I did not know that.

I think sales for the gold issues this year will be relatively swift because the military themes should be quite popular and the PM market is hot, yet I do think the high prices will probably keep some from making the purchase.

My guess is is that they won't sell out, but rather everyone that really wants one will get one before they go off sale. Really, more of the usual: Too many minted to make a strong aftermarket. Not enough buyers to make an early sell out.
Just a guess though

 

You look at the premiums over spot on these things, and then people wonder why I say the mint will change a lot more then melt +$10 for the collectors versions of the AB hockey pucks. For some reason they think that the mint won't be able to charge more than they limited the distributors to.

Something else you also have to factor in on those premiums over spot, you have to make an allowance for the extra $10 and $35 surcharges built into the prices. (Is the gold surchage still $35? awhile back they were talking about raising it to $50.)

 

Yes, the surcharges remained unchanged for this year; $10 for the silver, and $35 for gold. Surcharges for these are going to the Army Historical Foundation to help finance the National Museum of the United States Army, in case anyone is curious.

 

I may get the set.if they look good and gold&silver don't sky rocket

 

Hopefully they will offer some kind of set. As of now, all I can see is these being offered individually. The gold coins and silver proof come in their own little display box, and everything else except the uncirculated clad half come in some sort of display.

 

The Big Red One! Very nice.

 

Although I want both the gold and silver versions, the price is just too high! I'll probably buy anyway being the sucker that I am!

 

I got my card from the mint in the mail yesterday. I will probably get the silver unc. Even though silver would have to increase by 175% to equal the amount of silver in the coin I think that these are going to be goods ones to get. How many people have been or had family serve in the army? Lots and they would make good gifts.

 

is there a 3 coin set like the bald eagles or do we have to buy one coin at a time?

 

Yes.
2008-P/W or 2008-S/W MS & Proof 3 coin set
Dollar Half Dollar & 5 Dollar Gold

 

Indeed, good to see Vets here. I am especially impressed with the CSM retiree. I learned early on you do not mess with a CSM. I started out as a enlistee, made my way to E-5, and finished as an O-3. My combat patch was with the 3rd AD, but I saw the 1st AD around.

 

2008? 2011???

 

I did the same, started enlisted and made E-5 and now I am O-3. Still serving in the National Guard, 5 more years to retirement. Here is my favorite patch I have ever worn, Patton's Division.

 

Great patch man. I was just attached to the 3rd AD in the Gulf war for a couple of months, so am not trying to pretend to be a hardened Armor soldier. I do like reading of these units illustrious history.

Back to numismatics, I think I will have to break down and buy a couple of these, regardless of price, if for no other reason than memories.

 

Just ordered 2 complete sets. One I'll keep, the other will be a gift.
Web site was sloooooooooooooooow when opened at noon.

 

Hey, thanks for reminding me guys. I almost forgot.

Notice there's no pre-issue price on the gold pieces like in years past?

 

They should've done something on the commemoratives such as use an originial war token design, such as an OPA. That would've been cool.

 

I have to agree with green18. The majority of true collectors aren't looking at the coins as investment tools but rather as pieces of art that they want for their personal collection. At least that's how I look at it. I'm only going to get the silver coins not because I don't like the gold coin design but I just can't afford it at this point. So if all you're interested in is cost and how much the coin is going to appreciate then you're not a collector; you're an investor. Whatever reason you have for buying the coin I hope you get what you want