Is anyone angry at the mint for the UHR treatment?

Cause even though I didn't buy a gorgeous UHR, I am disappointed that they got rid of the limit, as I believe the original mintage was 50,000. On top of this I hear the mint is contemplating putting out a palladium version of the UHR making the coin even less of a one-of-kind collectible. I thought the whole reason for doing the UHR was to have a super popular semi-rare coin........

On another note, does anyone know what the standard price of a UHR goes for in the secondary market? The limit is one per house hold, so I imagine there are more than a few die hards out there who are collecting as many as they can get.

 

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I'll be surprised if they do a palladium version....I just may buy that

 

i am angry at the treatment that life meted out to me but there is nothing i can do but keep mum and grin

FWIW the mint does not like to create rarities

 

If they only make ONE gold UHR, that IS a one of a kind collectible.

Who cares if they make one out of palladium?

That's like saying that a 65 mustang isn't a one of a kind collectable because they made a 66 as well....lol.

 

http://cgi.ebay.com/2009-Ultra-High...s=66:2|65:13|39:1|240:1318|301:0|293:1|294:50

The graded ones go for a tad more.....big tad.

 

My understanding . . . and I could be wrong . . . is that the palladium deal is not the mint's fault, but the Senators from Montana.

The senior Senator from Montana offerred the bill, and the other senator co-sponsored it. It's bill S-758.

You can track the bills progress here

If you go to the website, you can see that it was introduced April 1, and referred to committee. Being referred to committee is standard procedure. It should be noted that most bills never make it out of committee. I have no idea whether that will hold for this bill.

We can use that website to track it's progress.

Update: I just discovered this -- the same bill was introduced last year, and never made it out of committee.

OK, everybody, here's a quiz.

Can anyone guess where the _only_ two palladium mines are in the US?

 

You have to do business with the mint in order to be angry with them.

 

There never was a mintage limit. The authorization did not set any mintage limits and they could make as many as they can sell. The min originally put a limit on the number that could ordered per household in order to ensure everyone had a chance to get one. That household limit may have been dropped now, I don't know because I don't follow the UHR that closely. Just not interested in it.

I thought there was only one Palladium mine in the US.

 

My understanding is: two mines that are somewhat near each other, both owned by the same company (so that many refer to it as one mine).

 

And it's owned by the Russians (50.8%)....go figure.