2016 Gold Dime, Quarter & Half Dollar

Concerning the 100th Anniversary commems, as a collector, I buy what I find appealing. I don't think there are many who would disagree that the three designs are probably the most artistic coin designs in US history.
So, yes, I bought each one, and the price was not an issue. I bought them because I like them and wanted them, not as an 'investment'.
Beautiful coins.

 

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Just wait. More in the same vein is planned.

 

Isn't that special? You state no mintage limit, go "mint to demand", and you can't sell 20,000 of any of them. State a 125,000 mintage and a household limit of 5 and they virtually sell out in a day. Who says coin people aren't nuts?

 

Coin people aren't nuts ; - )

 

Walk around any major show and say that with a straight face, I dare ya'.

 

Hmmmm, if I say that too loud, I might be proving your point!

 

I don't need any more evidence than what I observed at Rosemont in 2014. QED

 

I'm waiting for the Gold Mercury and SLQ prices to drop more and more then I'll get them.

 

I also think recent products get inflated sales and mintage's because big dealers have standing offers to buy for almost everything these days. Well that and you also have every Joe, Dick and Harry buying mint products to flip for a profit as well. Makes me wonder if more flippers are buying the products now than actual collectors at this point.

 

Oh I agree absolutely, and I'm sure the flippers are playing merely a timing game any more.

 

Are you trying to collect, or are you trying to make money?

 

I collect, but I like what I collect to at least hold its value and not be worth less than what I paid a month later.

 

Then simply wait out the flipping phase.

The pattern repeats issue after issue:
1) A coin release is announced. Price speculation begins.
2) Release date. If it's "mint to demand", nobody buys it and the mintage is low.
3) If even a ridiculously high mintage LIMIT is announced, the issue is overbought by jerks trying to turn a quick buck. "Oooh. There's only X number to be had."
4) Credit card bills arrive, flippers start unloading. Prices fall.
5) If the coin was overbought, its value falls to basically bullion. If not it maintains a decent margin. If "nobody" bought it, it eventually climbs to "moon money".

6) Rinse, repeat.

 

Then it sounds like you really need to stay away from new Mint issues. (And new cars.)

If a Mint issue stays available for months, of course you won't be able to sell yours for the same price -- because why would anyone buy from you instead of getting it brand-new from the Mint, with a return policy?

If a Mint issue goes up in price, it's a sign that they didn't make enough of them.

I expect Mint issues to go down in price, in general. If I buy from the Mint, it's because I want it to have it, and am willing to take the hit in value -- or because I'm trying to get in on a flipping frenzy. And since I'm generally not much better informed than everyone else, I'm unlikely to get ahead of the crowd, and probably lose out about as often as I win.

 

I like Mint OGP because it hasn,t been cherrypicked before me...I see a lot of after market OGP with spots, nicks, toning, etc. A better chance of getting a 70 grade for 69 money when buying Mint products. The whole thing is a crap shoot, so luck plays a big part.

 

Am I the last guy standing who doesn't give a rip if my new Mint products are 69's or 70's. Come. On.

 

Nope.

 

Nope. I don't even bother grading coins, couldn't give a chit less.

 

Depends what it is. When I decided to stop ordering from the mint I had an impressive 67/68 streak on collector products

 

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