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

Who cares if they "do well"...which I take to mean that they gain in value for people who are flipping/selling them?

Each collector needs only one of these items, and with all of the people who are apparently in this just for the "profit" of flipping coins -- it's not hard to find any of these coins mentioned for reasonable prices. Again, as a collector -- I only need one example and then I am done.

A large part of the "doing well" (gaining in value) of these "low-mintage" coins is driven by the constant changing of hands between dealers and prospectors. The new March of Dimes sets are "hot" right now because so many prospectors are interested in getting them so they can put them up for sale for a profit before things cool off. The collectors buy one set at issue price, put it in a closet and look at it occasionally if ever. Creating churn in the market by turning over the same coin 5 times in a year isn't really relevant to collectors. It's relevant to dealers and flippers.

 

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Really? I suggest you start your own thread with the parameters you choose. Deal with the clarifications I posted, as many understood recent super low mintage U.S. coins to mean coins that are part of regular issues. The low mintages for commems or gold coins are not super low for commems or gold coins.

 

Well yeah! The 20th Anniversary Silver Eagle Sets still bring more than double the release price but then, Silver Eagles are a very popular series to collect. My 2013 West Point 2 coin set, with a mintage below the 20th Anniversary Set, has garnered little to no interest on eBay even though the coins are much better looking than the 20th Anniversary Set.

It's all about popularity.

 

He's using 20 years because it supports his theory only for the short term. Most of those are still in their "age of puberty". Who knows what they'll look like when they turn 50 or 100.

Chris

 

Didn't state that bullion rounds weren't collectable, merely that they aren't regular issue coins. As for the dimes being part of a regular issue series--they aren't. My Roosevelt dime series is already complete for the year with the REGULARLY ISSUED P and D examples I got from the bank at face.

Note: Nothing in this post is meant to denigrate anyone else's collecting style. Nor is it meant to say that there is or is not the potential for profit in the buying and flipping of one-off special issues.

 

Depends on what you mean by reasonable. All of the coins on my list of 100k or less, except a few of the Pucks will cost you substantially more than issue price.

 

ASEs have the appearance of being collected but they are mostly hoarded by stackers like myself who don't care if they get a scratch or two.
Now slabbed ASEs...that's a whole other ball of wax...

 

You can post whatever you like, but be prepared for constructive criticism when the structure of your argument is illogical/flawed. Your argument and evidence basically comes down to this: Sub 100k coins always do well when we only consider those that have performed well and if we ignore all of those that don't. Confirmation bias is a very powerful thing as are ad hoc hypotheses.

 

Deal with the facts, the reason for choosing 20 years is mentioned above, that's when the mint started issuing these super low mintage coins.

 

Yeah, and the 1998-S Kennedy isn't a regular issue. The reverse proofs aren't regular issues, either. He's just getting his foot stuck deeper in his throat, but he can't bear to admit he's wrong.

Chris

 

Oh, sure, after you changed your parameters how many times?

Chris

 

B/c there are truck loads available.

 

Wait a minute. All this arguing over commemoratives being left off the list..........

Isn't the Roosevelt currently being offered nothing more than a Commemorative Set?

 

WOW! Either you don't read well or you're purposely misstating what I said to prove your point. I invited all to give me one example of one that is part of a regular series with a mintage of 100k or less, that hasn't performed well, still waiting.

 

We already argued that point, and he never provided me with a substantive answer. I agree with you 100%.

 

Yeah, that argument was tried early in the thread. No, they're not part of the commem series.

 

I hope you don't conduct your chem profession like you do in this thread, you're gonna blow yourself up.

 

That's neat terminology. I'm going to start calling them numismatic hemorrhoids.

 

Nor are they part of the regular issue Roosevelt dime series. They merely commemorate that series.

 

If you have to misstate the facts, you already lost. The RP's are part of a regular issue series.