American Liberty 225th Anniversary Silver Four-Medal Set

I'm gonna 'bite' for sure. Not because these medals (and they are medals folks, not coins) will appreciate in the future, but because I love the design and all the mint marks. Stupid? Yeah. Stupid collector.........

 

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We should all buy what we want, regardless of others opinions. I think I'll get one also.

 

Only if you can afford it, my friend. This offering is a big crap shoot as to whether or not it will bring in future profit. However, if you are a collector, it's just pure Manna..........

 

I might bite with a low enough mintage, if they do like 225k or another unlimited hard pass for me with the stiff price already. They could at least throw in an ASE at that price

 

A penny saved,
Is a penny earned.
A penny spent,
Is a penny burned.
But fortunately for us, these aren't coins at all, so it's fine.

 

I do have my eye on a Lionel O gauge steam engine for about the same price.

 

Just curious and probably a bit nosey: did anybody here buy the gold Liberty?

 

Nope, a bit too pricey for me.

 

Not I

 

50,000
HH Limit 2
$199.95
Will be gone in less than 5 minutes.........................

 

Which is funny because the regular 2017 medal has only sold 43k units all year. Funny what a mintage limit will do.

 

I'll be shocked if its a 5 minute sellout. 50k sets isn't exactly a small mintage for a medal nor is 50 bucks a coin cheap. Like mentioned the first one isn't even at 50k sales yet and dealers promoted that hard. This will now be the third product in a series that the first two has been a big snooze fest

 

Words to remember, Reverse Proof & Enhanced Uncirculated.

 

True, but it is still a medal with a fairly high mintage by medal standards with a stiff premium. Even the medals from last year which were much more popular and had a much lower mintage have cooled off significantly.

 

I don't think they will sell out that fast, but I will try to order as soon as available,(12o'clock) just in case. With the two per household limit, that should slow down the flippers a little anyway.
Here are pics of last year's medal, and this set. In case someone forgot what we are talking about.


2016

This years medal (set)

 

Last years medals are still fetching around $100 on EBAY, with the issue price of $35, that's almost triple over a year later. The mint produced 25,000 of them.
Although this years design isn't as attractive (to most) the unique finishes, and relatively low mintage (50,000) could be popular. I now plan to get two sets, (one to flip) if I can get an order placed anyway. I'm sure the big boys will be trying their best to suck them up as best they can. I'm sure they already have folks ready to buy two sets each for them. Of course, that drives up the flip prices even more.

 

Technically the mint only produced 12,500 as they came from two different mints San Francisco and West and are thus different products. These new medals will have 50K each version in the 4 coins set which is 4x the mintage with a design many didn't find that attractive. Even with different finishes not sure the collector base is large enough to absorb 50K. If they do sell out, imo will probably follow the pattern of quick secondary market boost and then hard fall within a few weeks as demand dries up.

Sales figures thus far (09/10/2017)
https://www.usmint.gov/cumulative-sales-figures
show the following for the gold 1oz and 1oz Liberty medal that was already released and even the 1 oz medal hasn't cracked 50K yet. Be interesting to see if flippers jump in on this set soon after many of them got burned a bit on the 225th enhanced uncirculated set

Precious Metal Products 17XA 2017 AM LIBERTY 24K GOLD 1 OZ 24555
Precious Metal Products 17XB 2017 AM LIBERTY SILVER MEDAL (P) 44431

 

Yep, a fast sellout, huge price spike, then prices drop like a rock shortly afterwards is my "prediction" also.

 

Add the original (possible) 225,000 from Philadelphia, and that's a whopping 275,000 total, for the philly one.

 

They are actually different as the first Philly mint one released earlier is a proof, while the P mint medal is a reverse proof unique to the 4 medal set.