Modern US silver commemoratives

Discussion in 'US Coins Forum' started by Rheingold, Feb 19, 2017.

  1. Rheingold

    Rheingold Well-Known Member

    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:angelic:
     
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  3. baseball21

    baseball21 Well-Known Member

    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
     
  4. ldhair

    ldhair Clean Supporter

    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.
     
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  5. Paul M.

    Paul M. Well-Known Member

    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.
     
  6. Fjpod

    Fjpod Active Member

    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.
     
    Last edited: Feb 20, 2017
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  7. Paul M.

    Paul M. Well-Known Member

    That's interesting that $10 gold commems beat out AGEs, but silver commems don't beat ASEs (at least at Apmex's prices).
     
  8. Fjpod

    Fjpod Active Member

    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.
     
  9. Paul M.

    Paul M. Well-Known Member

    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.
     
  10. baseball21

    baseball21 Well-Known Member

    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
     
  11. statequarterguy

    statequarterguy Love Pucks

    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.
     
  12. Santinidollar

    Santinidollar Supporter! Supporter

    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.
     
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  13. Fjpod

    Fjpod Active Member

    So you have them graded?
     
  14. statequarterguy

    statequarterguy Love Pucks

    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.
     
  15. baseball21

    baseball21 Well-Known Member

    For all of it's popularity I much prefer Stone Mountain and Antietam
     
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  16. statequarterguy

    statequarterguy Love Pucks

    I'm an Oregon Trail guy - have many and can't seem to get enough.
     
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  17. baseball21

    baseball21 Well-Known Member

    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
     
  18. statequarterguy

    statequarterguy Love Pucks

    Yeah, Boone is on my list to get, but for now I've settled for the Boone Parks silver proof and 5oz puck.
     
  19. Honest-Ab

    Honest-Ab Member

    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.
     
  20. Paddy54

    Paddy54 Well-Known Member

    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 .
     
  21. Tater

    Tater Coin Collector

    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.
     
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