I can't say I'm in LOVE with this year's commemorative coins, but the braille dollar is looking awfully good :eat:, better than the lincoln dollar, JMHO. Now, these are $41.95 per coin, in proof These will have a mintage limit of 400,000, and I'm guessing, the UNC will have more of a mintage, but that is just a guess! Now, the 2001 buffalos, had more of a mintage, 500,000 total coins, and they sell at good premiums now, for a 70, and even raw, compared to what they sold for when released Now, these coins, won't sell out anytime soon, but they will sell out sometime. So, with these coins having a lower mintage than the 2001 buffalo, should I buy this coin, as an investment, to flip in the next few months, or is this coin more of a coin, that I can just cherish, and won't demand a high premium, in a few years? Your thoughts?
the braille coin is aboslutely NO comparrison to the buffalo dollar. so many folks bought the boffalo dollar out of nastalgia for it being the exact same design as the Frasier nickle. I like the Braille dollar, and if it sells out, i never see it reaching the same price as the buffalo dollar. Lower mintage or not, price is set by supply and demand... and so many more people want the buffalo dollar then supply can satisfy, hence the huge jump in price.
While I won't disagree with you, I do want you to sit and think for a moment about popularity. With this year and next your Brailles WILL NOT be worth more than the Lincolns. You will need to wait a few years for your theory to be proven. I believe current price for a Lincoln is $55-$60
I agree. Value has to do with more than just mintage...it needs demand. The Braille Dollar isn't popular enough to generate the demand necessary to really raise the price. Now, being a lower mintage it might slowly generate value over the long road...but in the short term I don't see this coin being a strong investment. As was said before, the Buffalo was bought up like crazy due to nostalgia. Demand was through the roof like it is with the Lincoln. That's what made it so valuable.
Many US Commemorative designs are substandard compared to designs from the rest of the world. This Braille design is ugly; face forward depictions rarely come out well on monochromatic media. They should have angled his face like they did with Benjamin Franklin or Abraham Lincoln.
Exactly what Camaro said! DEMAND>DEMAND>DEMAND+High Mintage = success = Buffalo Silver Dollar DEMAND>DEMAND>DEMAND+Low Mintage = greater success = 1995W ASE No Demand + Low Mintage = First Spouse coins No Demand + High Mintage = Pocket Change Also T$, if you look back at the history of modern commemoratives, there has only been 4 times that I could find where the UNC outsold the proof. For the $100,000 dollar question.... can you name them? Hint: 3/4 have been half dollars. Proofs are just more popular.
My counter question... If I answer correctly, do I get $100,000 from you, or is there a committee I need to talk to?
You need to talk to Spock, since he holds on to all my money. He told me that he will be more than happy to send you a check.
I know we are getting a little topic talking about buffs, but I will be so happy for you when you do get that baby. It will be something well accomplished! And yes, I can't fault you for trying.
Ahhhh, this thread was dying anyway... Lets change this thread to buffalos! LOL I have $80 saved up, hoping to get around $30 more for my LP2 sets, after I pay for fees and such So around $100, then I get money for good grades (All A's this grading period, and mad 96 on math final, 96 on history final, and awaiting grades of texas assessment of knowledge and skills (TAKS) test, for history and science) So I might have near $200, then I'm hoping to maybe sell a little bit more, get to around $300, and bada bing bada boom, I'll be close to my NGC MS69 $5 buffalo!
I meant to mention this in my post as well. The business strike coins are 99.9% of the time minted less. More people buy proofs because they are more attractive. If I was only going to buy one I would buy the proof every time because I think it looks nicer. For this reason, the proofs tend to be a little more expensive to buy from the mint but tend to actually be worth less than their business strike counterpart in the long run.
You know Richie, I feel the same way about proofs. But I have changed my buying strategy when it comes to modern commes now. In the past, I would always buy the proof first because of what you mentioned above then if I had money left over I would buy the unc. But because of the point you made about the proofs typically being worth less, I have now been buying the uncs first and then if I have money left over buying the proofs. This strategy is actually more for the first spouse series than it is for the modern comm series, but would benefit someone who was just buying the commms.
I don't mean the reverse where there is braille but the portrait of Braille himself. Compare it to Germany's 2008 10-Euro coin for Franz Kafka or 2006 20-zloty coin for Gierymski. Also Palau has also issued a braille commemorative this year. In that one, Braille's eyes are closed. He doesn't look quite alive there but at least he doesn't look goofy and cartoonish.
While I don't strongly dislike the obverse, I agree that it would have been much better if it had been designed from an angled perspective. I have seen coins with this front perspective turn out much worse so I think the designer did a fine job making it work. But, an angle would have been better IMHO.
