I think there will be plenty of time to get these commemoratives. For the special set with the pennies though, I'm planning on fighting the crowd. 50,000 isn't much. I've never bought sets in the past for the sake of hoarding, but with a mintage that low and popularity this high, this one could get valuable pretty fast. You can bet just about every dealer in the country will be buying 10 or more themselves. I definitely want one for my collection to keep. But I might end up ordering a few more sets to hang on to for a while and see what happens. Worst case scenario, I can't see them losing value. I wonder if they'll have order limits?
I don't quite understand what you mean by finally minted? In the last 8 years they've minted 17 different silver dollars commemorating: Library of Congress Leif Ericson American Buffalo Capitol Visitor center Salt Lake city Olympic games West Point Bicentennial Orville & Wilbur Wright Thomas Edison Lewis and Clark Cheif Justice John Marshall Marine Corps 230th anniversary Two different ones for Ben Franklin in 2006 San Francisco Old mint in 2006 Jamestown 400th anniversary in 2007 Little Rock Central High school Desegregation in 2007 and finally the 2008 Bald Eagle commemorative. That's just 2000 thru 2008. There's been plenty to look at besides the silver eagles. I actually think they've gotten a little carried away, although I do own my favorites out of that bunch.
I guess we'll see on the time to sellout-I've never speculated, but I will be this time 'round. And on the 50,000 sets, I agree-quick sellout is likely. If the 100 limit of each type per household is any indication on the dollar, I'd bet the mint does likewise with the Proof Sets-10 per household might be a good guess. I'm in!
I checked and I was right. 70's bring a higher price but 69 or less or OGP tend to bring pretty close to issue price or even less.
I could be wrong too. Just because they say a product limit of 500,000 doesn't mean they will have to mint 500,000. We know there won't be more but there very well could be less depending on what happens throughout the year. 2009 is probably going to be worse economically than 2008. A lot of factors could come into play.
Anything Lincoln I like anything Lincoln. I picked up a Lincoln medal from the Mint last year. And look out at the post office: Today the U.S. Postal Service released four new Lincoln stamps. I picked up a sheet and might buy some for the kids. The stamps are well done and make a great companion to the coins, I think. I'm concered about the Lincoln Comm., though. There's a new artistic preference afoot at the Mint and I'm not crazy about it. I like realism. I like portraits that are executed the way the masters of the 19th and 20th centuries did. Doesn't anyone else find this? And that the portrait on the new coin isn't the best Lincoln can look? I'll probably buy a proof, but I have my reservations. I don't know if collectors in the years to come will like the style of portraiture. Revenue
Call me old fashion, but I prefer the full profile and have been unhappy with the 3/4 profiles the mint has been producing. The one exception would be Jefferson on the nickel. I do like the reverse on this coin. As a commemorative, I think it honors a great man's words at an important time in our history.
Portraits C Jay, Sounds like you have the same reservations as I do with the Lincoln portrait. I think the artists could do much better
I recently saw a PCGS slabbed silver eagle with some Obama logo on it. The 2009 Lincoln Silver commemorative , I believe will be done in the same manner. I Can already see the coin tv show dudes selling this. In my opinion this coin could sell out in a short time with broad collector (non coin) interest. I do hope the mint puts some type of liberal limits on these coins. A few of the big time dealer with deep pockets could put a serious dent in the supply. Disclaimer.. Just my opinion and I do no pretend to know what I am talking about
Value bama guy, I heard a large mintage for the coin. Yes, I agree everybody could go after this one--even non-coin collectors. It makes me wonder if the coin will have value if a lot are sold. You know, supply and demand. May be lopsided on the supply side. What do you think?
I also am buying the lincoln coins & sets. My ques is should which shoud i buy in aftermarket & which should i buy straight from the mint. Given our current raping of our financial system i try an stay away from using my CC cards or giving $$$$ to a gov entity like the mint. thanx
So should I buy the coin on Thursday and hope the wife lets me buy the proof set later in the spring? Ice
I have a Thomas Jefferson Commemorative Proof Silver Dollar minted in 1993. According to the Red Book there were 332,891 of them minted and its valued at 30 dollars. Not an expert here but I don't see the Lincoln commemorative being worth more with a mintage of 500,000. I'll probably get one though. William