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

Discussion in 'US Coins Forum' started by statequarterguy, May 6, 2015.

  1. Coinchemistry 2012

    Coinchemistry 2012 Well-Known Member

    You left off a lot of the modern commemorative coins IIRC. See my other post regarding the U.S. Marshals proof gold.
     
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  3. statequarterguy

    statequarterguy Love Pucks

    Mixing apples and orange. Gold coins have far fewer collectors, so require far lower mintage to appreciate. See the discussion above, I'm talking more about coins that are part of regular U.S. coin series.
     
  4. statequarterguy

    statequarterguy Love Pucks

    Read the post you quoted.
     
  5. brg5658

    brg5658 Well-Known Member

    The definition of "super low mintage" in this thread makes me chuckle just a bit -- 75,000 is not a low mintage product. Especially when every single one of them will be saved in near perfect (as issued) condition. Oh, and the fact that Roosevelt dimes suffer from the "too small a coin to collect" disease -- small denomination and size coins always have fewer collectors than their large counterparts.

    Carry on...
     
  6. Coinchemistry 2012

    Coinchemistry 2012 Well-Known Member

    But that isn't what you stated. And by focusing on the last 20 years, you are being a bit short-sighted. This type of material is notorious for experiencing a peak or plateau before dropping sharply. There are notable exceptions, including some listed here. Keep in mind that this is the exception and not the rule.

    Also, when coins are hyped shortly after release, they are hoarded in high condition, which hurts them in the long run. The 1975 proof sets and 1950-D are still way below what these pieces sold for decades ago in the secondary market (and not necessarily issue price).
     
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  7. statequarterguy

    statequarterguy Love Pucks

    All regular issue U.S. Coins with 100k or less mintage in the last 20 years have done very well. That's because the mintage is SUPER LOW for the demand.
     
  8. Coinchemistry 2012

    Coinchemistry 2012 Well-Known Member

    I did. You asked us to list them even though you don't collect them. It still hurts your premise that no moderns with a mintage of a 100,000 or less have been duds. This is not the case. You're attempting to define the issue to suit your argument and have done so in an arbitrary manner.
     
  9. Coinchemistry 2012

    Coinchemistry 2012 Well-Known Member

    Hmm... ASEs aren't regular issue coins as I understand that term to mean.
     
  10. statequarterguy

    statequarterguy Love Pucks

    See post above. The last 20 years was selected because it's when the super low mintage coins started with the 1995-w proof ASE. The coins you mention are nowhere near 100k.
     
  11. Coinchemistry 2012

    Coinchemistry 2012 Well-Known Member

    Statequrterguy, I suggest you study the stamp market. Years ago there was a huge collector base, but as USPS became more gimmicky and created too many varieties, people began to lose interest. Also the dealers and flippers cut their own wrists IMHO. I see parallels to modern U.S. coins.
     
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  12. statequarterguy

    statequarterguy Love Pucks

    LOL, and you're trying to confuse the premise. I did state that I'm talking about regular issue series and gave you a list. I do collect commems and I did not address commems because they're a whole different issue than regular isssues
     
  13. Coinchemistry 2012

    Coinchemistry 2012 Well-Known Member

    My point is about hype and speculation. The only difference is a completely arbitrary mintage number. It is too soon to tell, but if history has taught us anything, these coins will suffer similar fates. Also, the issues that usually perform the best are low mintage business strikes that were intended to circulate. Let them cut down the ATB mintages that low and circulate them, and you might have a winner.
     
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  14. Coinchemistry 2012

    Coinchemistry 2012 Well-Known Member

    How do the pieces you cite differ from commemoratives?! They were struck to commemorate special anniversaries.
     
  15. statequarterguy

    statequarterguy Love Pucks

    They're regular issue bullions with tens of millions of the regular issues made.
     
  16. statequarterguy

    statequarterguy Love Pucks

    Again, let's deal with facts. There are no loosers, only winners over the last 20 years for regular issue U.S. Coins with a mintage of 100k or less. I know many who don't like moderns find it hard to deal with facts, but those are the facts.
     
  17. statequarterguy

    statequarterguy Love Pucks

    What??? Keep trying.
     
  18. statequarterguy

    statequarterguy Love Pucks

    True. However 20 years is a long term period and these super low mintage issues that are part of regular issue series have done well. You can disregard this fact, I'll buy these issue
     
  19. okbustchaser

    okbustchaser I may be old but I still appreciate a pretty bust Supporter

    The problem is that none of the coins on your list are "regular issue" coins. They (well, one can make a case for the standard proofs) are ALL special issue one-offs.

    Most of them aren't even coins at all. They're bullion rounds which happen to have been issued by the U.S. mint rather than a private one.
     
  20. Coinchemistry 2012

    Coinchemistry 2012 Well-Known Member

    There are in fact modern coins with mintages of 100,000 or less that are duds, but you are selectively excluding data to comport with your hypothesis. As the thread has progressed, you have added more restrictions that suggest that your hypothesis is already on shakey ground. That doesn't strike me as an accurate or logical way to form a hypothesis.
     
  21. statequarterguy

    statequarterguy Love Pucks

    They are all part of regular issue series.

    Yeah, old timers, myself included at one time, once believed ASE's were bulion and not really a collectable coin. That's all changed. Apparently since they have the denomination of one dollar on them, they have become the number 1 collected silver dollar, yes, even more so than Morgans.
     
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