225th anniversary American Liberty 1oz. silver medal

Discussion in 'Coin Chat' started by Johndoe2000$, May 16, 2017.

  1. baseball21

    baseball21 Well-Known Member

    If there ever even is a freshness to this one. Almost all of their medals get issued to no fan fare and just kind of exist until they don't. Last year was the exception from a fantastic design and a very limited mintage.

    Hopefully the set has a low mintage. I'm thinking about getting an RP one, but if it's all unlimited mintage I'll just wait a bit and get it for spot on eBay
     
    Johndoe2000$ likes this.
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  3. redcent230

    redcent230 Well-Known Member

    I agree with you on that & yet people are buying then base on mintage and how fast they sell out. But if the mintage goes too high with the price then I would Not be interested in it no matter how much they sell at 2nd market.
     
  4. Blissskr

    Blissskr Well-Known Member

    Johndoe2000$ and ddddd like this.
  5. baseball21

    baseball21 Well-Known Member

    Wow. So these are dead in the water then. Melt price by next year probably
     
    Johndoe2000$ likes this.
  6. rooman9

    rooman9 Lovin Shiny Things

    Yep. I will wait for a long time before I buy one. That is an absolutely crazy price.
     
    Johndoe2000$ likes this.
  7. micbraun

    micbraun coindiccted

    It's a medal, not a coin. And the design is rather modern and appealing to me. Lady Liberty looks fabulous.
     
    halfcent1793 likes this.
  8. redcent230

    redcent230 Well-Known Member

    Again pretty ugly looking coins. I am not buying any
     
  9. baseball21

    baseball21 Well-Known Member

    Will never understand the logic of charging more for these over last years when last year had a limited mintage and extremely popular design. That would have been the one to upcharge on
     
    Johndoe2000$ likes this.
  10. ldhair

    ldhair Clean Supporter

    Strong price. That might keep folks away.
     
  11. Johndoe2000$

    Johndoe2000$ Well-Known Member

    Just plain ridiculous. Priced me out. I'll wait till it's half the issue price. Just wait for the price of the 3 pc. set! :banghead: Or will it be a 4pc. set which includes this one also?:banghead::banghead::banghead:
     
  12. ddddd

    ddddd Member

    I actually believe that is possible. Look at the September 11 medals from 2011. Mintage "limit" was 2 million and the issue price was near $60 (albeit spot was much higher at that point). These can be had on ebay now for $20-$30 (so as little as $2-$3 over spot). And the design on those medals was well liked in general!
     
    Johndoe2000$ likes this.
  13. Santinidollar

    Santinidollar Supporter! Supporter

    The Mint has demonstrated extremely bad judgment in marketing this design from the beginning.
     
  14. Johndoe2000$

    Johndoe2000$ Well-Known Member

    The mint did upgrade the box, and include a booklet. o_O
     
    danmar2 likes this.
  15. -jeffB

    -jeffB Greshams LEO Supporter

    Where can I look up the daily spot price on wood and paper?
     
  16. tmoneyeagles

    tmoneyeagles Indian Buffalo Gatherer

    The word "coin" is used as a colloquial umbrella term for numismatic items. If everyone was as obsessed with technicalities as you are, we'd have cointalk.com and medaltalk.com, PCGS and PMGS, and so on.

    Lady Liberty is far from fabulous, she looks like a defensive back.
     
    Johndoe2000$ likes this.
  17. baseball21

    baseball21 Well-Known Member

    I've brought that up before and completely agree and that was a topic that is near and dear to a lot of people. This medal has about the lowest chance I can recall of success. Part of me thinks they priced it higher knowing it would be a dud.
     
    Johndoe2000$ likes this.
  18. micbraun

    micbraun coindiccted

    I am not obsessed with anything, there's also a coin with the same design, so it does make sense to be more specific here.

    It appears some folks are obsessed with mintage numbers though, while I couldn't care less about them. The design is modern and timeless, no matter the price and/or mintage. Every other design I've seen recently is terrible in my opinion.
     
  19. Silverhouse

    Silverhouse Well-Known Member

    Lady Liberty on this new design looks like it should belong on a syrup bottle not a coin or medal. Jmo
     
  20. baseball21

    baseball21 Well-Known Member

    People care about the mintage because a low mintage is the only thing that could have saved this medal. The gold version coin sales have been awful and modern medals from the mint are rarely popular. Silver Eagles are one of if not the most popular modern series and the last mint to demand set they did for them crashed and burned on the after market. The 9-11 medal sells for melt now from being over minted and a medal. This medal not only has a design where most people hate how the stars came out and has the alphabet on it with peoples initials while costing more than a proof ASE would from the mint.

    If casinos allowed bets on US Mint products this medal would be the one that you bet the house on to go down in price swiftly on the aftermarket. This almost certainly will be selling for melt within the next year and possibly even while the mint is still offering it. If someone has to have it right away go ahead and order, those who wait will like be able to get three for the same price
     
    Johndoe2000$ likes this.
  21. micbraun

    micbraun coindiccted

    I fully understand the points made about the mintage. "No limitation" is certainly bad news from a dealer's/flipper's point of view. What bothers me is that people use strong words such as "ugly" for a really nice design, featuring a lovely Lady Liberty. "I don't like the design too much" would have been enough. By the way, the Eagle is great too.
     
    Last edited: Jun 8, 2017
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