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<p>[QUOTE="krispy, post: 861007, member: 19065"]I wish more people could see the point of collecting them than thinking to flip every new coin issued. There's just not that sort of market demand out there when anyone who wants them could buy them from the source before they sell out. Certain issues notwithstanding, some high mintage modern commems have done well, but then there is demand and appreciation of the design within the numismatic community alone. These coins strive to raise awareness and finances for special interests groups but do not always attract that much numismatic interest because of it.</p><p><br /></p><p>No magic numbers unfortunately. It depends on the coin legislation how many will be voted and signed into law to be minted. Modern commemorative coins of 50,000 or less do much better when trying to flip them but even mintage numbers cannot be relied upon (<a href="http://www.cointalk.com/t27193-6/#post847125" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/t27193-6/#post847125">check these</a>), look at the First Spouse gold coins for instance. A very niche market and they don't sell out but have <a href="http://www.cointalk.com/t24699-54/#post860469" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/t24699-54/#post860469">insanely small mintages</a> and an undetermined collector market in some distant future.[/QUOTE]</p><p><br /></p>
[QUOTE="krispy, post: 861007, member: 19065"]I wish more people could see the point of collecting them than thinking to flip every new coin issued. There's just not that sort of market demand out there when anyone who wants them could buy them from the source before they sell out. Certain issues notwithstanding, some high mintage modern commems have done well, but then there is demand and appreciation of the design within the numismatic community alone. These coins strive to raise awareness and finances for special interests groups but do not always attract that much numismatic interest because of it. No magic numbers unfortunately. It depends on the coin legislation how many will be voted and signed into law to be minted. Modern commemorative coins of 50,000 or less do much better when trying to flip them but even mintage numbers cannot be relied upon ([URL="http://www.cointalk.com/t27193-6/#post847125"]check these[/URL]), look at the First Spouse gold coins for instance. A very niche market and they don't sell out but have [URL="http://www.cointalk.com/t24699-54/#post860469"]insanely small mintages[/URL] and an undetermined collector market in some distant future.[/QUOTE]
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