Demand for US Gold Commemoratives at Record Lows

Discussion in 'US Coins Forum' started by Andrew G., Dec 1, 2016.

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Why is the demand dead for US Gold Commermorative?

  1. Price of Gold too High

  2. Designs are poor because Subject

  3. Designs are poor because Lack of Detail

  4. Modern Coin Commemorative Hobby is dead

  5. Coin Collecting Hobby as whole is in trouble

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  1. Andrew G.

    Andrew G. Active Member

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  3. willieboyd2

    willieboyd2 First Class Poster

    Mark Twain seems to be doing better than the National Park Service.

    I did my bit for Mark Twain, bought all four products, proof and uncirculated, gold and silver.

    I liked the design, the subject, and that one of the beneficiaries was the University of California's Bancroft Library where I have utilized a few times for research.

    :)
     
  4. Santinidollar

    Santinidollar Supporter! Supporter

    I looked at your report and, unless I'm missing something, I don't think that any conclusions can be drawn from that small sample.
     
    Coinchemistry 2012 likes this.
  5. Clawcoins

    Clawcoins Damaging Coins Daily

    On my list to get .. sooner or later are the
    2007 Jefferson Library
    2008 Jackson Liberty
    2008 Van Burden Liberty
    2010 Buchanan Liberty

    Not for the presidents (wives, as they were single) but for the obverse which has the Liberty designs of old coinage.
     
    Andrew G. and dwhiz like this.
  6. green18

    green18 Unknown member Sweet on Commemorative Coins

    The only spouse coin I have is the Jefferson Liberty.......lovely design. As to this years modern gold commems, I've got the two offerings in uncirculated exclusively. I can't justify the cost of getting the two proofs.
     
  7. dwhiz

    dwhiz Collector Supporter

    Since I'm a cheap so and so I have the medals
     
    Chiefbullsit likes this.
  8. Blissskr

    Blissskr Well-Known Member

    Maybe if the mint didn't have to pump out a few new ones every single year in multiple finishes sales would be better overall. I also think the poor designs play a factor as well. But I guess that's what happens when we have committee's choosing coin designs for coins that I bet none of them ever purchase a single one of.
     
  9. Yankee42

    Yankee42 Well-Known Member

    The major problem is that these are tied to legislation. The money goes to worthy causes but they are not always causes that the collecting public cares about.
     
  10. Andrew G.

    Andrew G. Active Member

    I agree.. these are iconic designs. As the price gold declines these coins are smart bu
    ys.
     
  11. Andrew G.

    Andrew G. Active Member

    I disagree. One year sample size is fair. In my opinion the design are as good.
     
  12. SuperDave

    SuperDave Free the Cartwheels!

    Demand is down compared to what? One year isn't a "sample" of anything unless you're trying to prove that silver outsells gold. For demand to be "down," we'd need ten years of comparative sales of equivalent products.
     
    Santinidollar likes this.
  13. Andrew G.

    Andrew G. Active Member

    The topic is gold commerative:
    Unc and proofs
    2001 - 34,000
    2002 - 43,000
    2006 - 57,000
    2007 - 65,000
    2008 - 73,000
    2011 - 52,000
    2013 - 22,000
    2016 - 37,000
     
  14. SuperDave

    SuperDave Free the Cartwheels!

    So demand is greater than 2001 and up 68% from 2013. :)
     
  15. usc96

    usc96 Junior Member

    Because just about everyone knows the Mint puts out so many coins now that there is no way a collector could afford (or want) to buy every single offering. Plus, if you can wait a few months, you won't spend too much than the us mint price buying the coin already graded.
     
  16. Santinidollar

    Santinidollar Supporter! Supporter

    2011 and 2013 weren't the grandest of economic years if you'll recall. As Dave pointed out, the 68 percent jump from 2013 ain't too shabby.

    Another factor we need to consider before drawing any firm conclusions: what have the mintage limits been for the years in question?
     
  17. Chiefbullsit

    Chiefbullsit CRAZY HORSE

    Yep, I got the poor man set also.

    . DSC_0024 - Copy (2).JPG
     
    Andrew G., onecenter and dwhiz like this.
  18. onecenter

    onecenter Member

    Same here. Cannot afford the gold coins, so the bronze duplicate medals are a very affordable alternative.
     
  19. Clawcoins

    Clawcoins Damaging Coins Daily

    buying too many parts for your car ...
    :)
     
    Chiefbullsit likes this.
  20. Chiefbullsit

    Chiefbullsit CRAZY HORSE

    These aren't mine, I think somebody here at CT has them. They posted the photo and I thought it was pretty cool, especially the box.


    FirstSpouseProofs - Copy.jpg
     
    onecenter and Andrew G. like this.
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