I'm sure your first thought is "that's an oxymoron"....but there are some lower mintage issues. I just picked up 2 83-84 Olympic Dollar UNC sets. The 83-S dollar in BU has a mintage of 116K, and the 84-S is 174K I believe....or vice versa. In proof...they minted a million and a half 84-S dollars. I also have a 1988 set of medals minted at the philadelphia mint for the "young astronauts club", and the quarter ounce gold in that 3 pc set has a mintage of around 34,000 pieces if I am remembering correctly. My question....How many generations before anybody cares? Nightowl
Well at least you gave an answer. I was starting to think maybe I'd used too many big words. :whistle: Nightowl
Those mintage numbers (other than the medals) aren't exactly "low".....maybe low for circulating coins, but not for commem's. As for the question about how many generations? Too many. Still, they are fun to collect.
In comparison to the mintage of proofs....they're around 10 percent of that figure...which makes them seem lower. I suppose the long term problem with them appreciating in value is the fact that virtually all of them will be saved in BU or Proof. Nightowl
I am afraid silver commemoratives are like the Morgan dollar when they first came out. Not many people care. I happen to like the commemoratives. However, some of the designs are not noteworthy. At least they are 90% silver.
You make a good point. IMO, the 2006-S Old S.F. mint $5 gold in MS is a steal. Mintage is around 17k. It's a gorgeous coin and a worthy commemorative. I picked up a MS70 for $30 over spot. I find it hard to believe that one will stay that cheap as time goes on. In comparison to other things that are available, those seem like a bargain. But, as has been stated, commemoratives inevitably have a harder time with value since all are meant to be collected. Condition states will mostly stay perfect, they won't get lost worn out or melted. They all aren't going anywhere. Not to mention there are fewer people who collect commemoratives and out of that group, not everybody likes or would want everything that's out there. I collect them and IMO, many years were flops or just plain not that interesting. So, the demand will be very limited.
