Chickasaw Collector's Puck On Sale Today -- Anybody In?

I agree. The elk in the foreground definitely draws a person's attention. I have it in bullion....PCGS 69-PL. I don't usually buy graded stuff, but AMPEX was selling it at a price I couldn't easily refuse. The only collector's version I have from 2011 is Glacier.

 

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I just received the Olympic, Vicksburg, and Chickasaw pucks; I've now got the first 10 of the series. I kind of like the look of the Chickasaw but I also like the Vicksburg; probably because of its Civil War reference. I'm quite a history buff and the like coins that celebrate the victories for the north (hey; I'm from Maine). After all, Grant was the greatest general of the war and created a system of fighting later titled "Total War". Sherman took it to the next level followed by the Germans and later the Americans and British in WWII.

 

Coin Week says they saw Numismatic News, among other places, indicating the mint will continue to offer collector versions, however I can't find that verification at NN, nor anywhere else. Have any of you seen it anywhere?

http://www.coinweek.com/news/featured-news/the-coin-analyst-memo-to-the-mint-end-the-news-blackout-and-other-recommendations/

 

Mint is repricing the 5ozers.

 

hi ho silver !!!

 

You and your cut and paste photo references...geez louise man!

 

All he does is spam... the day he adds something of note to a thread I'll keel over and die.

I have no interest in the 5oz series... just seems like a gimmick to me, and an expensive one to boot... props to anybody who shells out enough to complete the set, that's a lotta cash in silver, haha.

 

I kinda agree with you Fatima. In fact I don't even think of the pucks as coins. Coins to me are what is in circulation. I do collect the regular & silver issues of the quarter N.P.'s and so far my favorite is the 2012 is El Yunque.

 

I guess they're going to lower them again to reflect the general lack of interest.

 

Nah. God forbid they only make $25-30 over melt and actually start moving some of the product.

I was going to spring for a Vicksburg when silver hit $36.

 

Ha! I've been clicking on the mint catalogue a few times a day, thinking about pushing the button on a Chickasaw. No joke: just this a.m. I did a google search to see what day of the week the mint typically changes pricing. I didn't come up with anything, and thought maybe I'd l wait for the star spangled commem, and get 'em both in one shipment. Or just order it later today...not now! My bet is the price goes UP, due to my relationship with Murphy's Law, and due to the recent spot price change. If it goes down, I might get a couple...We'll see!

 

How's this for a scenario: The Mint has decided not to produce the collector's pucks anymore, beginning in 2012, so, instead of melting down the remaining 2011s, thereby creating instant key coins, they decide to sell what they have produced so far at a good price in order to get rid of them. It may not be accurate, but I sure like the sound of it.

 

The mint is currently repricing the pucks. I'm glad that I bought the last three a couple of weeks ago.

 

Why are you assuming the repricing will be in an upward direction?

 

The price is now $35.36. It has moved upward over the past few weeks. I figured that it would happen with the latest stimulus package disguished as a FICA tax holiday. The dollar is starting to drop again with the prices of oil going up. And folks wonder why. I'm always amazed at it. Anyway, I think silver will make it to $40 quite soon.

 

I couldn't agree more on the Mt. Hood pucks. In hand these things are just stunning and the relief on them is incredible. Having been to Lost Lake more than a few times the accuracy of the view is amazing.

ps Your avatar is superb.

 

A quick review of the other coin blogs, and everyone who comments says UP. Plus look at the 50 day MA. Shame, really, but I think that's what happening. Especially considering the early snafu on this series. If it's up much, I'll cut back on it as well.

 

This won't simply occur. So while it's a nice little dream to think these early Pucks could become magical key coins, they would really only be anomalies of a series terminated before all designs could be released in a certain type of finish, like the numismatic "P" versions, in this dream scenario.

Don't forget that fact that the Mint doesn't get to decide if a coin lives or dies. It would take a change to the existing coin legislation that put the series into law in the first place. It's not beyond the realm possibility but there are far too many other coin related issues going on at this time to fiddle with the pucks, which would only cause more controversy over a coin that caused a lot of headaches to begin with. The Mint is simply doing what the law say they must do, mint these coins for public sale until the completion of each design represented according to the bills terms.

The Mint resisted the release schedule of the 5 oz. coins initially. Officials at the Mint complained about the many technical issues under tight time constraints on the, then new, 5 oz. coin equipment, which greatly contributed to the delay in the release of the 2010 coins. That rush to release started the ugly scenario with APs, their pre-sales lists and the gripes collectors became obsessed with over distribution of the initial bullion pucks in 2010. People who wanted to buy these and those who just wanted to argue and complain about the whole ordeal ran themselves silly to the point of exhaustion. It's no wonder the broader collector base isn't interested in these coins right now, because they're exasperated and perhaps a little over spent if they bought too many of these while silver spot was up last year.

Additionally, this month, the second round of designs have been shown for the 2013 National Parks quarters (the pucks are quarters too, after all), and we will certainly have National Parks products beyond the 2012 scenario.

 

I know. I think you all are probably right also. I was just having a little moment on that river in Egypt. I really don't remember the prices being adjusted downward this quickly when silver was falling, but maybe they were.

 

After enough hemming and hawing, I pulled the trigger on an NGC SP69 from MCM. It's $229 and only $6 s&h. It took me a little while to sell myself on the design, but then I sorta fell in love...