What do you think of recent super low mintage U.S. Mint issues?

I still see the occasional eBay listing for "Eisenhower dimes".

I'm not sure @cpm9ball was implying that most Americans couldn't identify Lincoln, Jefferson, FDR, Washington, or Kennedy. I think his point was that they wouldn't be able to rattle off that list without having the coins in front of them. Myself, I think "most" is probably a little harsh, but I'm quite sure that a lot of people would miss at least one.

 

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You're giving people too much credit. One survey asked college students if they knew which presidents were on paper currency, and 60% couldn't identify all of them. Most didn't even know that two of the seven denominations weren't presidents.

Chris

 

Were those buffalos put in backwards in the slabs? Why is the buffalo facing front?

 

I requested NGC to put the Buffalo on the Label side of the slab.

It's all about the Buffalo

 

Price will be high and then will level off. You can see alot of the low mintage coins or set does stay where it is. Remeber the 1999 Silver Pr Set. They were once a $300. set and now you might get $100. for it. But they are still above issue price. So yes demand will be great cause everyone out there is trying to make a buck or so and that is why the hype for anything what the US Mint are selling, but as for me I am like the paddy54 I have a BU set of Roose from 46 to 64 and that is where I gonna set on. I might look into this set, but for $61. buck or so I am not sure I will put my money into it. You can see what else the US Mint is coming out with thru out this year and alot of low mintage coins and sets. They are starting to be like the Canadian Mint. To me the US Mint needs to go back to basic. Rather putting out all these special sets or coins and make the Mint set or Proof Set low mintage and that might put the other collectors back into the collecting .

 

Let's stay on topic, we're supposed to be discussing recent super low mintage U.S. coins. As I pointed out, there are many in the last 20 years that have done very well. Do I really need to list them all? I know it's tough for many, but let's try to deal with the facts. For the purpose of this thread, let talk about issues with 100,000 or less mintage.

 

Did you see the news article about the guy who is buying up every copy of SPEED on VHS? What is that guy THINKING?!?!

 

Ahhh. If ONLY mintage numbers really had anything to do with it, IKE would be worth a Million Bucks! 1 of 2 known but then, nobody cares. It's not a popular coin.

The Buffalo, on the other hand, has sustaining value because it IS a popular, well remembered, design.

They could have made 100,000 more of them and they'd still sustain their high values.

Like it or not, 75,000 of something that a lot of people don't care that much for (such as the Roosevelt Design) is about 65,000 too many for any lasting value increases not to mention the fact that after 3 full days, these can still be ordered.

Touting these coins this early on is interpreted as nothing more than flippers hype. Give it a year or 10 just to see what the popularity level might be. A lot of folks are already throwing in the towel.

As for "Modern" Super Low mintages? Folks have to "want" these coins before the mintage ever come into the equation. Some folks, simply do not want these low-relief/high speed production quality coins.

 

True, there has to be demand, but I like 75k. Any issue over the last 20 years with 100k or less mintage has done very well.

 

Precisely.

Ever look at foreign coinage and wonder "Who the Heck is that?" or "What the Heck is that?"

 

OK. I need you to refresh my memory since I have a couple of turds that I bought at a high price which would hurt so badly on a financial front that I wont even attempt to sell them.

 

No turds with a mintage of 100k or less in the last 20 years. There's even some winners with a mintage of around 250k. I'll make a list if I get time, but you know which ones I'm talking about, If not check the Red Book.

 

Take a look at what the Royal Canadian Mint is doing with its coinage and then look at what the US Mint is doing. The US Mint did a fantastic job with the gold Kennedy and then went and ruined it by setting the maximum mintage at 70,000 and no household limit plus only 3/4 ounce of gold. Take a look at the RC Mint's one ounce gold, four royal generations, $200.00. They capped it at 350. That will be a rare coin.

 

I agree. Let's put Obama on a new two cent piece.

 

Here's some from memory, let me know if I missed any. You could also include some gold coins here, but I don't collect them, so list them if you do. I could also list several commems here, but they aren't the special issues I had in mind for this thread.

100k or less
1995-w Proof ASE
1997 Matte Nickel
1998-s Matte Kennedy
2011-p RP ASE
2011-s Burnished ASE
2014-d Enhanced Native American Dollar
2015- PR Dime
2015-w Proof Dime
All of the P-Mint 5oz AtB’s, as well as some bullions (many are yet to have their day)

Over 100k to around 250k
1994 Matte Nickel
2006 RP ASE
2012 RP ASE
2013 RP ASE
2013 Enhanced ASE
2014 Silver Kennedy Set
2014 Clad Kennedy Set

 

Is there a reason for limiting the discussion to the last 20-years? Why not 30-years or 100-years? Are commems included? Is gold included?

 

See above. I chose 20 years because I believe it's when the mint started super low mintage modern issues with the 1995-w Proof ASE.

 

Looks to me like most commems over that period, especially the uncirculated issues, come in well under 100k mintage -- and, believe me, they aren't doing "very well". Most of the First Spouse gold is under 5k mintage, and they're going nowhere.

It's all about demand, not (just) mintage, and I think it's possible that the "special" Roosevelt dimes will enjoy increased demand because they're part of a well-known series. But that doesn't seem to have done much for the Kennedy silver set, much less the Kennedy gold.

 

Some bu commems have done very well, some haven't crashed - takes a little longer for demand to materialize for these.

We'll see for the Kennedy's, they're not 100k or less, so they'll probably perform like the 100k to 250k class. As for the gold Kennedy, mintage seems a little high for a gold coin.

Yeah, I like the 2015 dimes, they're in the 100k or less class for regular issue coins, that have all performed well.

 

Hmm... The 2015 W Marshals $5 gold proof coins are capped at 100,000 mintage, and I can't sell the 3 pieces I accepted as a trade in at Mint issue price. People should start hoarding these now...