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American Eagle Palladium Bullion Coin Act Introduced in House
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<p>[QUOTE="fatima, post: 1014357, member: 22143"]No doubt the FC series is a collector's coin and not intended for bullion investors as Eagles and Buffalos are intended to be. There is a dedicated group of people who do collect this series and some of the coins have had some very major appreciation in prices once the mint took them off the market. Go look at the prices of the Julia Tyler coin, which I consider an exceptionally good looking coin in this series, to see what I am talking about. A few months ago you could have had this coin for just a little over $700 from the mint. </p><p><br /></p><p>Remember, and some in this topic seem to miss this, numismatic value is highly dependent upon a coin NOT selling in great numbers. For bullion investors, sales are irrelevant. </p><p><br /></p><p>On the more broad question, I think the Mint's biggest failing with modern designs is they tend to be too literal and they pick them by committee which is never a good thing. The current director has even admitted to this, but so maybe this is part of the reason why they are going with the Mercury head for this coin.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1014357, member: 22143"]No doubt the FC series is a collector's coin and not intended for bullion investors as Eagles and Buffalos are intended to be. There is a dedicated group of people who do collect this series and some of the coins have had some very major appreciation in prices once the mint took them off the market. Go look at the prices of the Julia Tyler coin, which I consider an exceptionally good looking coin in this series, to see what I am talking about. A few months ago you could have had this coin for just a little over $700 from the mint. Remember, and some in this topic seem to miss this, numismatic value is highly dependent upon a coin NOT selling in great numbers. For bullion investors, sales are irrelevant. On the more broad question, I think the Mint's biggest failing with modern designs is they tend to be too literal and they pick them by committee which is never a good thing. The current director has even admitted to this, but so maybe this is part of the reason why they are going with the Mercury head for this coin.[/QUOTE]
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American Eagle Palladium Bullion Coin Act Introduced in House
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