American Liberty 225th Anniversary Silver Four-Medal Set

Yeah, me too. 2011 ASE set had five examples of the same design.........boring [tong in cheek attempt at humor].

 

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Legal Tender? No of course not it is a Medal to Commemorate change that is happening in America. I personally look at the design and different thinking. Not all collectors think alike.
Take for example the general census here on this topic. ie " won't buy it", "its not a coin", and so on and so forth.

Let's say the 50,000 allocated at the Mint is not sold out, what happens? Don't you think the Silver will be melted down and used for something else?
This will reduce the availability of this set + individual offering and there will be a new thread saying;
"Oh I wish I were more opened minded on that 225th Silver Medal Set"
Just my thoughts and believe me I am no expert on anything, just open minded and see something here that has not been done before.

 

No, they'll just sit on the web-page for years and years like most of their other medals and destroy any potential aftermarket. The mint is recycling that design yet again early next year when it's failed on every product they've done with it.

If someone wants this set and doesn't mind waiting give it a month or two and you'll be able to save a lot getting it

 

The other day I received this in the mail.
A pretty expensive 4 page glossy brochure.

and they're still available on the Mint website. I logged in again and it was STILL in my Bag for checkout .. days later.

 

Judging from the horrendous effort they put into this year, I guess they thought the first 225th years weren't worth celebrating.

 

just wait for the 250th Anniversary coin.
heard that one is going to be stunning !!

 

Can't wait for more terrible over priced designs on countless products where they keep saying "it'll be popular on this one"

 

Made even more hilarious by the fact when CCAC guys say things like this below regarding classic designs. And then some of the mints best selling products last year were the gold Mercury dime, Standing Liberty quarter and Walking Liberty half all rehashed classics. And now this year the new hot palladium coin is literally another total Weinman design.

Also similar to how the first spouse coins that had a classic Liberty design did well and have overall held up better than many others. Imagine if the mint would have reissued current year dated quarter, half and eagles with classic designs for the anniversary, I imagine that things would have went much better.

 

Which they did a poor job on.

The CCAC appears to be entirely clueless time and time again. Their comments prove it time and again. Some of them wanted the ATB series for parks that are literally there as war memorials to focus on the wild life.

http://mintnewsblog.com/citizens-co...hemes-in-2019-america-the-beautiful-quarters/

I'd be all for dismantling their input on anything and coming up with a new system.

 

The "demand" was based on flippers buying them all up upon release. Versus ppl wanting to collect them. The mercury gold dime is now a good deal after the values have fallen nearly to issue price. The standing liberty I bought BELOW issue price by $72.

They need to figure out actual demand versus "stocking" demand. When a new product is released of anything you get wide distribution, but technically no sales are known until reorders. With coins it's a bit harder as the flippers will buy up all limited stock. and demand is based on after that which may fall in price ...

 

The mints goal is to sell as many as possible which I don't have a problem with. In my opinion where they have really suffered lately is that they seemed to think that they could just put out anything and it would be bought up by dealers but are finding out the hard way that when dealers get stuck with a lot of stock they lose money on they roll back their orders. Those gold coins seemed to really be the start of it as they were poorly made for the premiums the mint charged. Since then most products have been below average designs at best with rising premiums.

They need much more intricate and better designs if they want to try and capture the premiums some of the actually elite world mints are able to get.

 

Actually I would think if their goal would be to sell as many as possible then they wouldn't have a Mintage Limit at all. Why restrict mintage if they want to sell as many as possible ?

The US Govt's legislation has say into how many are minted, not the US Mint. And those usually state a limit, not unlimited except for some.
==> https://www.usmint.gov/news/legislation

 

They don't on some items where they have the choice. But they aren't dumb, even they know that doing that just means no one wants it. Something like over 10 percent of the 2013 special ASE set was returned or canceled when they tried that.

 

Then the mints goal is to NOT sell as may as possible ??

just asking for continued clarification ..

 

Maximum profits mean finding a balance between created demand, premium, and number offered.

 

The problem with this is exponentially worse now that big commercial players are always getting involved with releases these days. I for one wish the mint would just do what they did with the 2008 Fractional Buffalos or the 2009 UHR Saint and just mint to demand. That way as long as its within the ordering period whoever actually wants a coin for there collection can get one at issue price. And if people want to speculate they can as well but they'll be either buying late in the offer period or holding a while.

Something tells me the big boys would complain to the mint regarding this though and it's why they've done away with mint to demand offerings as it removes the hype and fast bucks of easy flips and basically keeps the secondary market at bay for the offering period which was usually of at least a year.

 

Problem is no one really wants mint to demand. People complain they miss out if it's limited, if its mint to demand no one cares. A few of those eventually get some value but when a special ASE set is still dead in the water even as a 70 almost 5 years later, that's proof enough mint to demand isn't something collectors want anymore.

 

Yes, but maximizing profit is different from "The mints goal is to sell as many as possible"

Many Inventory items is based on legislation. It's best to have the consumer's, or voting public to call their congressman and the ones that make these legislations to modify them to the consumer's best interest.

 

And every once in awhile, you happen on something you like. Not for profit, but just because you like it. I'm in that boat........profit be blasted. I ain't making a thing off of this one, and could the devil be hanged, care a lick.