Thanks everyone for the opinion. I didn't bought them to make money, some of them are keepers for their beauty, but it was not possible to buy the pieces I like, I had to take the whole bunch. So I just want to sell the doublettes and the pieces without eye appeal. For example Mrs. Shriver
There are some that did well. Aside from design subject matter is the biggest thing if you can be in touch with that. But sadly overall like mentioned and the classics its a very ignored series
Until the last two years, I bought one of every modern silver Comm. from the mint. I love the set but gave up because of the high prices from the mint. It's not that much money but I no longer thought it was a good value.
I just wish they wouldn't put out so darn many! I feel like it's a better strategy to just buy the ones you want, a couple years after the date of issue, so the prices have had time to settle down to normal supply/demand based prices.
Sad, but true. Especially the gold. You can't get this much gold (90%) any cheaper than this... and the coins are MS or PF. You can buy them cheap, but likely take a hit when selling. http://www.apmex.com/product/14067/u-s-mint-1-silver-commem-asw-7734-oz-capsule-only http://www.apmex.com/product/9580/u-s-mint-gold-10-commem-bu-proof-agw-4838-oz-capsule http://www.apmex.com/product/14078/u-s-mint-gold-5-commem-bu-proof-agw-24187-oz-capsule-only This is not an endorsement of *pmex. Just pointing out how cheaply these products are sold. Other vendors are actually cheaper. edited to reflect that modern US commemoratives sell at low premiums, and not that *pmex is a source that sells cheaply.
That's interesting that $10 gold commems beat out AGEs, but silver commems don't beat ASEs (at least at Apmex's prices).
keep in mind, the commems are only 90% silver or gold. $5 gold is just under .25 oz, $10 gold is just under .5 oz, and the silver dollars are about .75 oz.
Yeah, I calculated it based on AGW. The $10 gold comes out to $616.85/0.4838 = $1275/oz, whereas 1 oz AGEs are currently running between $1299-1309/oz depending on quantity.
I used to do the same. But it usually isn't rocket science at this point which ones will bottom out in the aftermarket which sadly is a lot at this point
I wish I could stop, but, the more the mint gouges, the lower the mintage. I've collected all the BU's and made good money on many. The high mintage, problem free ones sell for a little to a lot over melt, depending on grade. Most of the low mintage ones sell for a lot over melt. The more recent problem free ones with very low mintages are selling for more than issue price, but I'm sitting on them, as history shows they should do very well. I'll tell you, I wish I had cherry picked some MS70 1984 Olympic silver dollars, as well as some of the others.
I don't collect moderns. The classics I have concern historical events I am interested in: Stone Mountain, Texas. As far as I'm concerned the Texas commemorative (1934-38) has one of the most outstanding designs in US coinage.
All my purchases from the mint are in ogp, but cherry picked for 70's. I sell most of my coins over the counter, to knowledgeable collectors, who know what a problem coin or a 70 looks like, so they pay for a good one. I buy 69's & sometimes 70's already grade, if the price is right, for those collectors who only buy graded. I also scour shows for problem free 70's and sometimes 69's in ogp and I'll tell you, they are few and far between - most in ogp have been picked over and it's getting worse as time goes on.
That ones definitely one of the better ones. If I was going to do one of those multi issue sets Boone would be my pick. I reallyyyyyy like the Lexington too
Yeah, Boone is on my list to get, but for now I've settled for the Boone Parks silver proof and 5oz puck.
I collect modern Commemorative dollars, I like them (when the price is right). If my kids end up selling them at melt price, so be it. I still like them.
I do have a few modern commemoratives , most from sets that they came in..... two that I did buy was the 2001 American Buffalo in both unc. and proof ,but again an Iconic American design that for the most part was very well done. And I believe for the most part that resale would be easier than most others. The other one that did strike my fancy was the 2008 Bald Eagle . I love the eagle's on both the obverse as well as the reverse .
I used to buy from the mint one of each every year but the premium is too high. I don't think you get that back being the first owner. I have started into the older silver ones and they are very interesting own five or six raw. I'm thinking about getting graded ones in either old green pcgs losers or my favorite old fatty ngc holders.