Modern Sleepers & Flippers

http://moderncommemoratives.com/

 

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Gets updated........eventually.

 

Here's one where I'll go against the grain and be an anarchist
I loved the 25th Ann. ASE sets and had a lot of fun with the few I owned, but there really isn't anything unique about them anymore. The 2006 set already had a reverse proof and then the Mint beat the idea to death in 2012 & 2013. Sure 2011 is the rarest of the 4, but they've lost their novelty. The 100k mintage can be compared to a 1995-W with only 30k minted, but to a lot of people "runner up" isn't what they really want. And here is my real problem with them.........if/when silver hits $5,$8,$10 an ounce, will everyone still be collecting silver Eagles with the same hype and fervor as they had been when silver and gold were trading at 2012 prices?

 

I think with a lot of people who collect ASE's it's the obsession over the design. They never get old with me and I can never get enough of them. Silly, huh?

 

I agree with what you say in your third paragraph. When current collections get passed on, many will be immediately sold, probably at very low prices, increasing supply of these modern issues in the marketplace. Unless new collectors come on board to increase demand, prices will likely fall. The fate of the S mint ATB quarters also relies heavily on new collectors wanting to fill spaces in albums. There seems to be an assumption that demand will be there. The thought is that quarter collectors will want to have a complete set, but there is no guarantee that people will even want to collect quarters in the first place. Young people are way more into video games, social media, etc. than numismatics.

 

I know Mr. Clemens did though!

 

Not at all Ken! I actually like them myself, just not sure if they'll be sleepers in the future

But now I have to add one to the list that I'm stashing away!
Look in your Red Books for a clad Kennedy Half Dollar with a mintage of under 200k...please....see any?
What are some of those mintages...10's of millions, 100's of millions. Some of the Silver proofs have 500k mintages, but they aren't going to fit a business strike set.
I'm talking about the K14's! Those "2014 KENNEDY ANNIVERSARY UNC CLAD SETs" are different, rare enough and were released during the biggest over-shadowing flipper event in recent numismatics. Everybody saw the gold Kennedy coins, but these are the sleeper in the shadow of that event.

 

When the set went on sale I already owned the MS and PF standard bullion pieces. I bought the "S" mint and reverse proof as separate coins. It was less money than buying a complete set in the secondary market. When I look at them I still think of each piece as separate, and not the novelty of a 25th Anniversary set.

 

Coulda, woulda, shoulda.........?

 

Does ANYONE know what the 5 Star Generals Silver Dollar mintage was. No links that I have already explored. Just a number. I don't understand why nobody can find this.

 

Here you go @OldGoldGuy
http://www.coinworld.com/numismatic...les-of-macarthur-gold-coin-among-lowest.html#

 

Would nominating your answer as a "Best Answer" be appropriate?

 

That's the number I have for the 2013 5 Star Generals Half Dollar, 38,097. Here's some other numbers for recent uncirculated silver dollars:

2011 U.S. Army 43,512
2011 Medal of Honor 44,752
2012 Infantry 44,352
2012 Star-Spangled Banner 41,686
2013 Girl Scouts 37,461
2013 5 Star Generals 34,639
2014 Civil Rights Act of 1964 24,720
2014 National Baseball Hall of Fame 131,924

 

Maybe, maybe not. Coin collecting is alive and well on the internet. Aren't record amounts spent on coins each year? And maybe, when these old time collectors pass, they'll be leaving mostly older classic coins.

 

Aside from flippers affecting the modern market, anyone ever think about how the U.S Mint affects it? The Mint appears to have an insatiable greed that has both a negative and positive affect on the market. Each year the Mint offers more & more products that spread the available coin money over more & more products, causing lower sales of each product. Since a new product is constantly offered, there’s little time to chase a prior product, as the available money is spent on the new product. To add fuel to lower sales, the Mint raises its profit margin, so that its profit is not affected. Last year, even though sales were lower, profit was up.

The positive affect is that if you can hang in there and buy the right products at higher prices, you may wind up with low mintage coins.

I don’t know, will the Mint ever be reined in or will we continue to see more & more products offered? It took an act of Congress to stop the abuses in the commemorative program. Will enough of us complain to Congress about current Mint abuses to cause them to take action?

 

Net income on the numismatic programs was way down though.

http://news.coinupdate.com/us-mint-numismatic-program-net-income-and-seigniorage-down-4764/

 

Yep, that's what the report shows. There were some big losses there, particularly in the annual sets. However, I do know that their markup on the numismatic bullion products I buy (Commem Dollars, Collector ASE's & AtB P-Pucks) is way up, given the decline in bullion. I don't know, are they marking up some products more to soften their bullion losses?

Overall revenue fell by 28.4% to $3.1 billion, while net income and seigniorage increased by 25.8% to $367.9 million. Broadly, these results were driven by a sharp decline in revenue generated by the bullion coin segment and higher seigniorage driven by the circulating coin segment.

Given the fact that many of us are paying a higher markup on products we buy, it would be interesting to have more detail to see if they are not tweaking the numbers (i.e. shifting costs & revenue) or exactly where the losses are.

 

"There was a time" - When the 73-S Brown Box Silver Proofs were selling for upto $300 each. But this was solely dependent upon the relatively LOW Mintage (compared to the 71S and 72S (71S-4,265,234 - 72S-1,811,631 - 73S-1,013,646) and the fact that the internet hadn't been invented so the Low Mintage Hype machine ran unchecked.

For that matter, the LOW Mintage Hype Machine ran FULL THROTTLE when the 50-D Jefferson Mintage was revealed at only 2.5 million coins.

Much has changed except for that "Hype Machine" which is the mainstay for Coin Dealer Marketing. It simply has a lower operable windown with which to work its magic.

 

I think the enhanced Sac dollar might do well at some point. Plus, the S mintmarked ATB quarters might have a chance. Not many people are collecting them it seems. I have been buying one of each, though I kind of wish I had picked up a few spares just in case theres a decent demand in the future. Unfortunately I don't think like a flipper or even a casual seller, when sometimes I wish I had.

 

Shoot man, I just received the deluxe edition of the Redbook. Man this thing is thick and chocked full of great info.........the colonial section and early coppers is especially interesting and informative. The volume also has the mintage (distribution) numbers for the commems up till 2014......something that I'm not accustomed to with a Redbook publication. It usually takes years to get the numbers out. This years commems are also included (sans mintage numbers quite obviously).
Oldgoldguy was looking for #'s? They're all here in this new volume. Armed with this new information I'm gonna go out on a limb and say that a few sleepers could be the more recent gold commems. 5-star General Gold $5 uncirculateds at 5,667. Star Spangled Banner $5 uncirculated at 7,027. Medal of Honor $5 (unc) at 8,223.........