US Mint Purchases?

My thought too Dave.

I got 'ouched' big time with the 2011 'burnished' too Lee. More than made up with it, though, with the anniversary set........

 

Log in or Sign up to hide this ad.

You can get winners such as the 2011 25th anniversary ASE set, the Hawaii and Acadia collector pucks, and the 2012 clad and silver proof sets and the 2012 mint sets. On the other hand, you can get losers like virtually all the Presidential cover series sets and almost all of the other mint and proof sets.

 

Lee. That isn't the 07 reverse in those pics is it? It has a serif on the U

EDIT: Oops, dave & ken already pointed it out

 

Honestly, it's very little about eye appeal to me. Some designs are downright excellent - handicapped a bit by "lowest-common-denominator" die construction so they can strike bazillions of them in minutes - and I doubt anyone would argue that the ASE is one of the US' all-time finest coin designs.

There's actually another active thread here that kind of sums it up, though - the Mint is selling uncirculated Business Strike sets for multiples of face as "collectible," and worse yet they have two different types (one more expensive than the other) which appear to differ only in what they're calling it.

Rarity is still rarity, and there are Modern issues which satisfy that condition and should hold their value/interest in the long term. A few, anyway. The rest are dreck.

Then there's Zlincolns.

Edit: I see Conder has explained that other thread - what a surprise, Conder had the right answer - so I gotta walk that back a bit. Guess it justifies the difference between paying $5.95 for $1.25 in Quarters, or $12.95 for $1.25 in Quarters.

 

I buy what I like from the Mint. Typically Proof ASE's, 1 silver proof set, some commems if I like either the design or the cause and last, but not least, some of the medals if I like them.

 

Regular bullion gold and silver coins and proofs.

Some of the products from the Mint or on the secondary market -- like Reverse Proofs or Enhanced Finished 1-time specials -- are nice to look at. Wouldn't load up with $$$ earmarked for pure bullion but a small purchase doesn't hurt.

 

Thats the picture the US Mint posted and yes, you know what I am referring to.

I saved my "pennies" and saved my dimes.

 

ASE proofs because I collect them; others because they have personal appeal, eg Baseball HOF for the memories it evokes when I was a kid, and my Dad (dead 10 years now) and I played catch and watched a game on TV every Saturday afternoon; Mark Twain because I'm a big fan of his writing, Doolittle's raid on Tokyo medal because I had dinner with him many years ago..

 

To each there own and alot of collectors buy from the mint with this mindset.. however.. if one is hoping to catch the train on the issues that will grow in value this is a horrible way to go about it... Just an FYI for readers of this thread

 

Giddy up, giddy up 409.............

 

I blew off getting a Mark Twain silver proof. Even though it's very affordable, I decided it was still $45 I could use for serious purchases. Call me chintzy if you wish.

 

With all due respect, sometimes this hobby is about adding coins to your collection for the pure enjoyment of it's meaning, background and/or design, regardless of it's long term value.

 

Of coarse but that's part of the hobby too.

 

2016 Platinum Eagles.

But don't just blindly buy 'em. Watch the mintage limits & premiums.

And I plan to play the Centennial Gold "lottery". Buy all 3 coins and get 'em slabbed... if they grade 70, I win!

 

Just so. I'm not trying to catch the train, and I'm not making those purchases to make $$, but to collect and enjoy the coin. Like I keep hearing... "buy the coin."

 

Sure but "buy the coin" has a multitude of meanings. Not just "because you like it" but that is a big one

 

Comems will get interesting when the US Mint goes to .999 fine silver.

Like the ASE, .999 fie silver will tone up real purdy real quick! I expect that the market will explode with .999 fine Silver Commems.

 

I bought 2 of these from the mint...what are they honestly worth?

 

why not buy the entire mint set, esp. silver, since you still save even more and get the half, quarter, dime, nickel and penny as well?

 

except for special products with limited mintages, the mint produces little to be valued and bought. it will not rise in value if the mintage is not limited, like some canadian coins, to 8,000, e.g. of course we are constantly told how the silver eagle is the best loved coin of all time, so are we to assume they will always be in demand? yes, in 2011 we paid almost $60 for ungraded prooofs, but silver also was running wild then due to the dollar's weakness and the manipulation of major banks in the silver exchange market. i agree with Bernie's ultimate message this year: we should go to socialism and take the one-percenters' excess money. Level the field for all so all can have food, housing, clothing, transportation and other necessities and frack the rich if we must to get equality for all.