LOL there's like 12,400 with each mint mark. That's actually pretty high considering none will ever see circulation, and probably 90% or more were bought by the big retailers to slab and price gauge collectors with, and most of the people who buy them will probably be looking to sell in 3 to 5 years and realize what junk they bought over the TV when a dealer offers them a lot less for it. Once the excitement is over I doubt they'll sell for more than 20% above bullion price. Give it time...in a few years you'll buy it for much less. It's the same every year, the big dealers buy each coin that comes out, price gauge collectors who have no patience or get suckered watching late night TV, and in 3 to 4 years you can find the product at your local coin shop for 50% less than what the idiot who bought from these shows paid for it.
That is a minuscule number for something that is supposedly bullion. ASEs sell 10s of millions as do Maples and Aussie bullion. Household limit of 2. The big boys didn't get their hands on as many as they wanted. A good chunk have been flipped but a lot have been held in strong hands with the mintage. Less maybe, 20 percent over bullion doubtful. As has been pointed out in other threads only a fraction of the gold buyers can have a silver as well for a complete set. Not to mention is is the best design the mint has done in quite some time. Could this be the highest price point for them maybe time will tell. But since this "bullion" is currently selling for 135 an ounce or so I seriously doubt we will ever see them for 20% over spot
Thanks for putting it in perspective for me. I must admit that being an ancient coins collector doesn't give me a great grasp of the modern market. In the ancients corner we wouldn't use "miniscule" or rare unless we were talking of less than 100 surviving examples. Anyway, you are right about it being a beautiful design. It's one of only a handful of designs from the US mint over the past decade that can actually be called beautiful. Most modern coins, especially commemoratives and quarter designs, are just plain awful.
Don't get me wrong by no means am I saying it is a true rarity, but in terms of moderns that's one of the lowest mintages they have done for something that was actually popular. Completely agree. The designs not chosen are often times far superior to what we end up getting. This was a refreshing piece having something to be excited about and hopefully something that continues in one way or another. The eagle on it is stunning
