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
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.
Well confirmed the mint is smoking crack with these being priced at $59.95 each (almost double what last years medal went for) & no mintage limit either. https://www.usmint.gov/news/press-r...ommemorating-its-225th-anniversary-on-june-14 Guess they gotta attempt to make up for horrendous sales on the gold coin somehow.
It's a medal, not a coin. And the design is rather modern and appealing to me. Lady Liberty looks fabulous.
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
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! Or will it be a 4pc. set which includes this one also?
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!
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.
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.
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.
Lady Liberty on this new design looks like it should belong on a syrup bottle not a coin or medal. Jmo
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
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.