Poll: 2016 gold Mercs: Who's in, who's out?

All in?

 

Log in or Sign up to hide this ad.

The flippers seem to be undecided still... lol

 

As a collector, I'm VERY pleased-in-advance with these coins.

But I'm not-so-thrilled with the Mint-direct price gouging. Maybe they think it will reduce demand to match the 125,000 mintage?

Then I guess we can also expect reduced prices for upcoming sales dogs.

 

Commemorative coins are meant to commemorate historical people, places, events, organizations, etc., NOT other coins. Reasonably-priced proof sets might be nice.
BTW, there's no such thing as 'fairly unique.' Unique is an absolute. Something is either unique or it isn't. It needs no qualifier. Perhaps what you meant was 'fairly unusual.' www.dictionary.com.

 

https://www.youtube.com/watch?v=UM2rkX0MVM4

http://www.perthmint.com.au/catalogue/50th-anniversary-of-australian-decimal-currency-2016-1oz-silver-proof-two-coin-set.aspx

http://www.apmex.com/product/96642/2016-canada-4-coin-gold-and-platinum-20-years-of-minting-set

Point is, maybe we need to expand the definition of a "commemorative coin".

Anyway, nowadays it seems like just about anything is commemorative-worthy:

http://www.apmex.com/category/23600/rcm-silver-commemorative-collectible-coins/all?sortby=pricedesc

http://www.apmex.com/category/23500/rcm-silver-commemorative-bullion-coins

 

Were it not just more noise in an already noisy environment, this would be a more interesting coin. The Mint themselves have created the environment in which it's perceived as "yet another meaningless issue."

 

I will be honest, my favorite Bullion Coin is the Gold Buffalo. I personally have quite a few Gold AGE (1/10) and I wanted to get my daughter a Gold Buffalo as she was recently born. Kind of a Newborn Gift. But I'm hesitant to drop $1500. A coin for roughly a tenth of the price would be much nicer.

 

I'm a little bummed that the Treasury/Mint/Whomever decided to make a special pricing chart specific to this trio-release of liberty coins when they clearly stated otherwise on their website. $180 vs $200-205 is a BIG different in my opinion. **** those guys!

 

@Vess1 How many have you pre-sold now?

 

None. I don't do pre-sales. I think many of the pre-sale prices are idiotic. Alot of time and risk for a $10 profit. Just desperate to undercut the next guy. Why bother?

As I said earlier my primary reason for buying is as a collector. If I decide to sell a couple (or more) that's a secondary decision for me.

Sent from my XT1093 using Tapatalk

 

Right on cue!



Sent from my XT1093 using Tapatalk

 

The Mint website says pricing is based on a weekly average.

Given a 2-day jump from $1235 to $1255, I estimate the average is still in the $1200 - $1250 range.

Of course that's all meaningless... they might raise the coin's price just because they can.

 

What defined the Mint's week? The previous Wednesday-Wednesday, Tuesday-Tuesday, Monday-Friday...

But really, what's the difference. The next bracket is a whopping $5 more for a product that is already over $200...

 

The US Mint is still far more reserved than some of its global peers. Just look at the nonsense that flows from Canada, Australia, England, etc... and people think this 1/10 gold dime is expensive...

 

That's pretty much the problem. It is far to predictable and repetitive for the most part. At least those other mints try new things and their artwork is generally better.

 

This. In truth, I could see myself focusing on some of the beautiful issues coming from other countries. Belarus, for instance, is doing some stunning stuff:





If the US Mint showed this kind of imagination and artistic merit, I would be more on board with them.

 

That clock one is cool dave. And what gems are they using for those squirrel eyes?

 

Personally, I think these look gimicky as heck. I would be embarrassed if the US mint made stuff like that.

 

There are definitely some beautiful designs and products made by various mints around the world. But when you see other mints popping out a ton of privy variant, colorized, hologram, cartoon, and super hero coins, you can appreciate the US Mint's more conservative product line that focuses on US history and the currency that we actually use each day.

 

It seems people are barely even breaking even on these. Lets say the mint issues them at 200 + 5.95 shipping so total 205.95. Sell it on ebay for 256

10 % ebay fees $25.60
3% paypal 7.68
Shipping to seller (conservative) 6 dollars

Total $45.28 In fees. Total profit after fees and initial investment, $11.22


Are these people serious for 11 dollars in profit? What's the point? Also, it raises the question others have brought up, is it even worth buying on day of release?