2016 Gold Centennial Coins

Discussion in 'Coin Chat' started by 1948 Edward, Apr 1, 2019.

  1. 1948 Edward

    1948 Edward Member

    Is anyone disappointed with the low value of the 2016 centennial gold dime, quarter, and half dollar?
     
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  3. Santinidollar

    Santinidollar Supporter! Supporter

    I wouldn’t know. I changed my mind about owning them and got them in the aftermarket (NGC70) right around the issuance price. I love them.

    The flippers may have a totally different view.
     
  4. -jeffB

    -jeffB Greshams LEO Supporter

    I'm sure lots of people who bought multiples, planning to flip them for a profit, are disappointed.
     
  5. Santinidollar

    Santinidollar Supporter! Supporter

    I know they are.
     
  6. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Well no..... I expect that from commemorative bullion, really. I happen to be very infatuated with the SLQ series and do have the gold SLQ. I also own a 1999 Gold George Washington commemorative as well. Absolutely a strikingly handsome design with low mintage figures and it too is valued about spot. As much as I loved the Apollo commemoratives last month, I did not purchase the gold even though I bought multiple silver and clad. I felt the mint just priced that one unrealistically high..... And that’s just my feel..... But yes, expect gold commemoratives to pretty much stay in line with spot values. I would love to see that change. But rather don’t expect it to do so.
     
  7. Santinidollar

    Santinidollar Supporter! Supporter

    That series may be a good example of waiting for a while if the Mint sells out. I also bought the 2014 gold Kennedy half at just a tad over issuance price last year. Some crazy prices still going untouched on eBay.
     
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  8. Burton Strauss III

    Burton Strauss III Brother can you spare a trime? Supporter

    One of the dealers as Saturday's coin show had 24 of them selling essentially as 1/10th oz
     
  9. Santinidollar

    Santinidollar Supporter! Supporter

    Fire sale
     
  10. -jeffB

    -jeffB Greshams LEO Supporter

    I would've bought all he had at the price of 1/10 oz gold. I still see people trying to get $250 for them, and the cheapest completed sale I see on eBay is $170. They mostly still go for well over $200.
     
  11. Burton Strauss III

    Burton Strauss III Brother can you spare a trime? Supporter

    I think he wanted 175, but I didn't actually ask...
     
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