No matter what anyone says.... that is going to be one sharp coin.... plain and simple. Look at it this way..... This will be the 1907 "Restrike" in 2009....
I just bought some 10-11 days ago. The premiums are outrageous. Wait til you want to resell them. Then try charging a premium on your deal. ha,ha,ha. The jokes on us. I should have bought the West Point mint ones. Then had the best ones graded. Haven'y received mine yet but will eyeball them closely and fet the best ones graded if I find any at all. Oh well, they'll still be great to look at and dream. zg
Ads for AARP??? How about ads for Cremations, Burial at Sea, Hemlock Society..... Life membership to ANA for $10 ( Haaa, just kidding about this one ) Jim
Man, I'm only 30 and get the AARP forms all the time. Saving and scrimping to get the 09. It will be my very first real gold coin, unless someone wants to donate 1 to me before then . Hope I live long enough with my old age and all.
I saw the unveiling in Baltimore this summer. It is a stunning coin but there were no proofs displayed. Ed Moy also spoke about the release in January, but did not set a date. As far as a premium goes, given the history of the coin, the unique Ultra High Relief strike, and the wood presentation box, I expect to see this sell for $1500. I also predict that reservations, if allowed, will sell out before any one sees the open market. Ther was anothe rpiece of legislation introduced to make a pallidium cousin, which with current metal prices would be about half, if I am correct. Since gold isnt my thing, I may wait for the pallidium version. In either case I will say the same thing that I said about the SAE and GE's, if you want a Saint Gaudens design, invest in a Saint, and do it when the market has cooled off. If you like the SAE design, invest in a Walker. There has been a lot of hype about this and its connection to Moy's Neo-Renaissiance, but we have to keep it in perspective. The Mint's bullion coins are just carbon copies of old icons. If Moy really wants to spurr a radical change in coinage he needs to, for one, veer away from the mass and over production of mint products, and, most importantly, rededicate himself to the commissioning and creation of new designs that will invegorate the American Spirit and lift the malaise that has fallen in these chaotic times. That is what the Saint stood for. IMHO Rant Fin. --Adam PS- I apologize for spelling errors. I am working an overnight shift and sleep is just a duty log away.
Also keeep in mind gang that there will be no mintage limit on these coins, so for those of us that can't afford them upfront...... you will have all year to save up for them.
I agree. I would also add that the premiums might not be as high as they appear. The spot price is the "paper" price of gold set by the futures market, which is normally settled in cash. In Asia, for example, where gold is normally traded on physical markets instead of paper markets, the gold price is about $100 higher than spot. I've been saying this for a long time on CoinTalk, that physical bullion metal prices could be much higher than spot, but to no effect.
High reliefs are almost always available, just costly. (Two years ago at Central States I saw a half dozen at one table.) Even the extremely high reliefs come on the market fairly often. Now the extremely high relief on the double thick planchet has never been on the market before of course, By the way, does anyone have a clue what Zekeguzz is talking about? (I suspect he just means he bought some AGE's.)
Edges... Has anyone heard about the positioning of the edge lettering on the UHRs? Will it be 'static' or 'float' like the Prez Dollars?
not GB but another commonwealth country- India. Your dream of rare indian coins both ancient and modern is about to be realized