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<p>[QUOTE="CentDime, post: 178921, member: 7297"]It is interesting to read what others say about these coins so I have a few things I want to add about the potential rarity of these coins.</p><p><br /></p><p>First off it is interesting that these coins are an actual release in 2006 with a potential mintage of only 2500 coins for the $100 Platinum W UNC. Compared to all other coins released these are certainly the lowest mintage in 85 years or so and that says a lot. These are still half as rare as the 2000-P Goodacre Presentation Sacagawea Dollars, and those trade at about $1400 for MS68.</p><p><br /></p><p>Now we know the Sacagawea Dollars aren't stamped in gold or Platinum, but nevertheless they carry a very high value for those 5000 coins. The Platinum coins were stamped in a precious metal though so they were expensive to buy, that was the factor that so few were minted and sold. Also there are less collectors of Platinum coins, that too was a factor.</p><p><br /></p><p>For whatever reason though, the end result is only about 2500 coins. Imagine if it was 2500 nickles or dimes, what would they sell for? Since it is Platinum though, they are said to not be real coins.</p><p><br /></p><p>I also think that rarity can also be relative. 2500 coins minted today is probably like 500 coins or less a hundred years ago. Relative to the population it brings these are very rare in over a hundred years.</p><p><br /></p><p>You might also look at the coins in a relative valuation when you add in inflation.</p><p><br /></p><p>$1400 today [the price of the $100 W Platinum] would be the same as $31,017.85 in 1900. I got this figure through an inflation calulator.</p><p><br /></p><p>So on a relative basis the price of this coin is far higher than any that were released way back when. Another reason why mintage was so low.</p><p><br /></p><p>Anyway on a historical basis I think these coins will be treasures for many years to come, the wild card is how the price of platinum behaves over the next few years. If it doubled for some reasion these may not be the eventual lowest mintage, but if it falls then I think these will maintain a healthy premium as more collectors enter these coins.[/QUOTE]</p><p><br /></p>
[QUOTE="CentDime, post: 178921, member: 7297"]It is interesting to read what others say about these coins so I have a few things I want to add about the potential rarity of these coins. First off it is interesting that these coins are an actual release in 2006 with a potential mintage of only 2500 coins for the $100 Platinum W UNC. Compared to all other coins released these are certainly the lowest mintage in 85 years or so and that says a lot. These are still half as rare as the 2000-P Goodacre Presentation Sacagawea Dollars, and those trade at about $1400 for MS68. Now we know the Sacagawea Dollars aren't stamped in gold or Platinum, but nevertheless they carry a very high value for those 5000 coins. The Platinum coins were stamped in a precious metal though so they were expensive to buy, that was the factor that so few were minted and sold. Also there are less collectors of Platinum coins, that too was a factor. For whatever reason though, the end result is only about 2500 coins. Imagine if it was 2500 nickles or dimes, what would they sell for? Since it is Platinum though, they are said to not be real coins. I also think that rarity can also be relative. 2500 coins minted today is probably like 500 coins or less a hundred years ago. Relative to the population it brings these are very rare in over a hundred years. You might also look at the coins in a relative valuation when you add in inflation. $1400 today [the price of the $100 W Platinum] would be the same as $31,017.85 in 1900. I got this figure through an inflation calulator. So on a relative basis the price of this coin is far higher than any that were released way back when. Another reason why mintage was so low. Anyway on a historical basis I think these coins will be treasures for many years to come, the wild card is how the price of platinum behaves over the next few years. If it doubled for some reasion these may not be the eventual lowest mintage, but if it falls then I think these will maintain a healthy premium as more collectors enter these coins.[/QUOTE]
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