Final numbers on the 2012 commems!!!

Final numbers on the 2011 commems!!!

2011 that is (no edit for title)

http://mintnewsblog.com/2011/12/sales-figures-for-2011-commems/#comments
and here is a related thread http://www.cointalk.com/t196812/
congrats to all who snagged these low mintage coins- well done!

 

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Would it be better to buy the UNC ones since the mintages are so much lower?

 

IMHO, yes...

 

I'd say so

 

Haven't the Unc mintage numbers been considerable lower than the proofs for most US commemoratives in the last decade?

 

Strongly recommended, yes.

 

at least that long. it would seem on paper that the unc. should bring more in future years but except for a couple of examples it doesn't work that way. a lot of people forget the basic law of price. supply- demand ratio= price. if the proofs are more popular then the price stays about equal to the lower mintage unc.

 

Happy indeed to be the holder of a low mintage MOH Unc. I originally bought it for it's bullion value. Whether or not it appreciates further is not my call. Just lookin' to add another "beauty" to the collection cabinet...........bullion dissolved.

 

the $5 gold uncirculateds look good to me. The proofs are technically the first and second lowest mintage of moderns while the BU are 3rd and 4th lowest however if you look at CDN prices, the past UNCs bring a nice premium while the proofs don't. I bought 2 BUs of each to make some money.

Lack

 

Yes and if you look at the past decade, most are all considerably low in total mintage numbers without much rise in value. I buy commemorative's just to collect, if they are catchy, etc. I don't see most of these later commemorative's gaining in value until further in the future, a long way actually. It's gonna be years before they actually increase I think. I think it also depends on the demand for a particular coin for some as well, some might attract some collectors while other collectors don't bother. Like the Boy Scouts, I have no desire to buy that coin, I think it's rather hideous design. But I can see someone who was a Boy Scout really wanting it.

Take for example the 2001 U.S. Capitol Visitor Center dollar.. it had 143,793 struck as proof and only 35,380 struck as uncirculated, they're both only fetching between $45-$50 for either.

 

can you give some examples of that? the Salt Lake City gold unc brings more than the proof - I am pretty sure that those like the Washington gold unc and Smithsonian gold unc also bring more.

 

your right, there are a few ( I posted a couple) but most are about the same. I was just trying to show that the mintage numbers aren't the whole story in market price.

 

Here's another example of the price/mintage paradox on modern commemoratives - the 2004 Thomas Edison proof mintage (211,055) is more than double its uncirculated brother coin (92,510), yet the buy-it-now prices shown here are typical...$195 for a PF70 and $80 for a MS70:

 

I see your point on that but with the 2011 commems we have mintages so low that some are literally the lowest for their series.

 

Low mintage. Now all we need is a little "demand"...........

 

Take a look at the greysheet bids for the lower mintage $5 Uncs. The jackie robinson is a very ugly coindesign and is bid at $3,000. The proofs are basically all $410 withtheexception of the jackie robinson which is only slightly higher.

My guess is that both of the 2011 $5 bu will pulla decent premium, if not immediately then in the future.

Just my opinion, but there is a decent basis for the theory.

Lack

 

Over time, when most are tucked away in collections and more collectors come around or born way after the release, then with a mixture of low mintage numbers that amount to little on the selling market with new demand, the prices will go up no doubt. But you never know, they had low mintage numbers because not that many collectors were interested in them, who's to say collectors 5, 10 or even 50 years from now will want them.

Honestly, I wasn't impressed with this years Commemorative coins or last years, I opted out in not buying them. I collect, I can care less about value. So I can care less if they end up being worth $100,000.00 one day. I don't sell anything in my collection anyways. Although the Star Spangled Banner coin set for next year has gotten my attention, looks to have some potential in being a cool coin.

 

Once that half is seen for what it is the demand should kick in. It has a mintage that is 10K lower than the previous key which goes for $100. Also the previous key was the 1996 Olympic swimming coin which seems like a very small collector base.

 

the unc Army half dollar is over $50 (sold for $20 from mint) we have a winner
http://www.ebay.com/itm/2011-D-US-A...Individual&hash=item5647dbfc54#ht_2269wt_1163

 

If we had that they wouldn't be low mintage.

I don't know about that. There are a lot of collectors of Olympic related material. Also demand tends to be somewhat cyclic. You will probably see some rise in the price as we get closer to this years Olypmics. The increase would be even more though if the games were being held here.