Prestige set collection complete!

Thanks Tanner!

 

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Thanks Tanner!! I just missed seeing this on the mint site.

Jim

 

Is it better to buy these sets (and modern commemoratives in general) from the mint or do they usually sink in price in the secondary market after a few months or years?

 

I just checked the Mint's web site to find out if they've included the Legacy Collection on their "Product Schedule" page and they have.

Product Schedule

Look down at July 20th

 

Given the very real and life long brother/sisterhood formed by all those who have been USMC, I'd imagine this coin will go through the roof relatively quickly.

 

lawdog, I think you're right...no matter how much they charge for the set.

 

Does anybody have a measured expectation of whether the Uncirculated, the Proof, or both, will be the hot tamale ? I’m referring to the Marine Corp commemorative.

 

It sounds like they plan to mint too many of them to expect a big run-up in price.

 

But what about the one coming out this year.

 

“None of the above” wasn’t one of the choices.

Well, I hear they’re going to mint 600,000. What is a normal commemorative mintage ? Aren’t they usually limited to 500,000 and make fewer if the demand isn’t there ? Maybe a useful data point would be how many ex-Marines are living right now. That would seem to define the upper limit of purchases by Marines, in addition to collector purchases and purchases by folks hoping to sell them on eBay.

I think the West Point commemorative might be misleading. I think there are a lot more ex-Marines than ex-Army officers. Also, I suspect the officers saw their experience as a stepping-stone to better things, while Marines seem to really treasure their experience as Marines. I see a lot of vehicles with “Semper Fi” stickers, and I never see any “West Point” stickers. I’ve found a few sites for Marines on the web that made mention of the release.

On the other hand, I emailed an ex-Marine friend of mine about the upcoming sale, and he never responded. Many of the ex-Marine coin collectors show a lot of enthusiasm, though, on this site and other coin sites.

What I was really trying to find out, though, is if I decide to buy several of these for reasons of investment, is the Uncirculated or the Proof the better bet ? Even though the proofs look better, I’ve read of cases where so few people bought the Uncirculated of a particular issue that it became the better investment because of its increased rarity.

 

My limited observations have been that since more collectors order the proofs, the uncirculated coins eventually sell for a premium to the proofs. But I wouldn't expect the price difference to be great.

 

There were also prestige mint sets made. These are rarely seen and, I believe, were
made only in 1994 and 5. They are identical except for the packaging.