My opinion is that it will be a must have for a complete set of commemorative coins. Beyond that, it is nothing more than a novelty in silver and clad due to it being curved. The gold version may carry a premium with only 50,000 struck.
So... I had a small handful of these at a local show today... The gold pieces sold out before lunch at $725 each.
I would not sell. These will be the most significant coins of the century. They will keep going up in price
I haven't read any posts in this thread yet, but in my opinion the HOF "coins" are a brilliant marketing gimmick to get collector's money. If they came out with a new "Rivers of the U.S." or "Elements of the Universe" collection, people would hyperventilate before they could be released as well. I say you can look forward to seeing many new designs in the next year or two, as the Mint makes an enormous return on these. The hype is what sells these. (in my opinion)
Don’t get me wrong, I like the coins and bought them, but really, the coin of the century? Although the execution of the designs was done well, they required absolutely zero creativity – THEY’RE A COPY OF A BASEBALL & GLOVE. I can’t believe they won, but, hey that’s just my opinion, some prefer simplicity, but I’ll choose an intricate work of art every time.
I really do not think anyone here has said these are definitely going to be the coin of the century. I just believe that people are excited by them due to the unique shape (for the US Mint), design, and baseball theme. The US mint was very smart releasing these close to opening day, and yes they should profit from these. That is what business all about. People complain over and over about other series (ATB quarters) that the mint does not market enough to the general public. Simple solution: Buy what you like, and let others enjoy the same. Who cares what the coin of the century will be as most of us will be long gone by that time anyway. TC
Well that's interesting since not enough sold out of the minting to even qualify to receive the surcharge money.
Really folks--the coin has a certain exclusivity, although there are so many other moderns with a fraction of that mintage. The design is fairly original, and the baseball connection is obviously a great promotion. But coin of the Century? OMG, is that the exaggeration of the Century. I would think that the two years of ASEs with 100,000 mintages (2006 and 2011) are far more exclusive in that regard, and other coins with extremely low populations are far more rare. This is so much hype--the coin is interesting ( I bought all of the varieties except the Gold one), and think it is definitely collectible). Amanda is right--the coin is fairly ugly.
It's definitely looks like it will be this year's coin of the century (at least for the US), and it should make the list of top 100 coins of the century. Twelve months from now we'll be due for the next coin of the century. That's the problem, the coins of the century just don't hold their reign as long as they're supposed to.
I bought only one silver proof. I don't think it's even a coin, let alone coin of the century. Think about this: The Morgan dollar was minted because the U.S. Government needed to buy silver. It's silver content and stated value were roughly the same, so they could easily be used for day to day commerce. Most of them weren't but a small percentage of them were. The modern day ASE's and commems are minted because the U.S. Government wants to sell silver (and gold). They aren't intended for use in day to day commerce either. Their PM content is much higher than the stated value on the coin. At first, I was very disappointed in the design of the coin, but upon further consideration, it is really quite clever in it's simplicity. The concave side of the coin mimics the web/pocket of the glove and the convex side mimics the outside curvature of the ball. Simple, yet clever. As to whether these coins will have long lasting premium, I don't think any of us really know. I would suspect they will maintain some level of premium due to the demand from the coin and baseball collectable markets, but I don't think today's premiums are sustainable. It's also the first "curved" coin issued by the U.S. Mint. As others have already so eloquently stated, if they minimize this "design", it can also be a reason for premiums in the future. Only time will tell.
Thread too long, did not read, but I'll offer a comment anyway. Hard to declare it the coin of the century when there are 86 years left in the 21st centery and the "coin of 20th century" hasn't been decided yet!
Now that a few months have passed, and I have received my coins, I am more than ever convinced that these coins will be the most significant coins of the century.
Are you sure about that? I can see these being collected in Cuba, Dominican Republic and other nations where baseball is king.