American Liberty Gold Coin

Discussion in 'Bullion Investing' started by saltysam-1, Jul 24, 2015.

  1. saltysam-1

    saltysam-1 Junior Member

    I don't believe the mint understand coin collecting. What mintage do you believe is necessary for the new Miss America Liberty Gold High Relief coin. I'm sure the mint will not get this right either. I'll say this will be another collector item like the first 2009 high relief was. New design and priced out of reach for most collectors. This is good for those who buy but with gold going down in price, more will be tempted to participate. The packaging is mediocre but a MS70 will do well in the after market. Any thoughts on this one? I'll say the mint needs 50,000.
     
    GoldFinger1969 likes this.
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  3. jwitten

    jwitten Well-Known Member

    I am so confused. Seems like you are all over the place. The mintage limit is already set at 50,000.... you knew that, right?
     
  4. fretboard

    fretboard Defender of Old Coinage!

    That's right, the mintage is set at 50,000 but I doubt it's gonna be the sleeper coin of the decade or anything close. All the threads I've read about the coin have shown little to no interest. Lady Liberty looks too much like an actress and looks more like a fantasy token than a coin. Sure it's gold, so I'm sure in hand it looks a lot better but how many buyers are there actually gonna be with the price of gold tanking and expecting to go down even 2015-W-100-American-Liberty-High-Relief-Gold-Coin-Obverse.jpg 2015-W-100-American-Liberty-High-Relief-Gold-Coin-Reverse.jpg more?
     
  5. derkerlegand

    derkerlegand Well-Known Member

    What kinda weird-ass laurel leaf stuff's goin' on around her head?
     
  6. gronnh20

    gronnh20 Supporter! Supporter

    I thought they were flames.
     
  7. Comixbooks

    Comixbooks Active Member

    IF that was the New Silver Eagle it would sell like Hot cake having the same design for the past 30 years can get boring.....
     
  8. imrich

    imrich Supporter! Supporter

    I'm sorry to disagree with your opinion of what appears to be a "millennial" Lady Gaga version of Lady Liberty, with some unusual seemingly overstuffed Raptor bird reverse image, unlike anything I see in my nature preserve.

    If you really believe that it's design is preferable to the "classics", I might suggest you replace your century old icon image with same.

    It should be interesting to see how many youths of today purchase this coin which might be considered by some to be the modern Mona Lisa, but is believed to be less desirable to the majority of collectors.

    JMHO
     
    GoldFinger1969 likes this.
  9. Collecting Nut

    Collecting Nut Borderline Hoarder

    Like I said earlier, I'll pass on this. It's just overpriced gold with Liberty looking thin, frail and she looks more like Medusa than Lady Liberty. The Eagle looks more like a sickly hawk than a Majestic eagle.
     
  10. ToughCOINS

    ToughCOINS Dealer Member Moderator

    The government, and the US Mint in particular, have it completely backward . . . right now, acceptance of their product is purely Marketing-driven, as opposed to market-driven. Demand is purely speculative because they know they are turning out inferior product, and are using contrived rarity as the basis for establishing a value. This is to the US Mint what beanie babies were to the Postal Service. Right now, they have lots of golden eggs, but seemingly all of their geese have died off. Maybe they have one left, and a sickly one at that . . .

    I say, drive mintage by consumer demand for the design, and not for prospective profit. By that I mean don't pre-set limits on quantity. Let the market's desire for a particular issue determine the eventual mintage, rather than the limited mintage determining what the market demand will be.

    That would moderate the volatility of future issues, and encourage the Mint to turn out more beautiful products instead of the cartoonish dust-collectors we've been seeing for some 20 or so years.
     
    Pere likes this.
  11. Comixbooks

    Comixbooks Active Member

    A lot of the old designs look better because they didn't hire amateurs doing the art work. If this coin was released in 1908 it would of aged well if circulated some of the early designs look nice because the gold metal composition was differently so recently the mint went in the way of having Burnished gold and silver which didn't capture the old look. The Mint even went out of the way are re-released the 2009 St. Gaudens coin which I don't own I'm not even sure how similar it is to the original. I thought myself the entire Statehood Quarter set was a good joke at best unless you are a RV camper you will never experice it except for the obverse of a clad coins which will all look the same 30 years from now due to wear and shallow strikes.

    This coin would look better on silver I don't think the picture above is the actual coin either it's just a image of the coin.
     
    wmichael likes this.
  12. Comixbooks

    Comixbooks Active Member

    The short haircut is just to make the women look presentable and maybe modern professional. I think they over did the engraving on the bird though =) Not all the feathers needed to be rendered I come from a comic book background.
     
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  13. wmichael

    wmichael Active Member

    I rather like the eagle, Lady Liberty's great great granddaughter not so much.
     
    Coin-Dude likes this.
  14. Gilbert

    Gilbert Part time collector Supporter

    The design does not appeal to me for many of the same reasons spelled out in this thread. I do not know how the Mint chooses a design but going by the shear number of initials on both obverse and reverse, it must have been several. Did they have a design contest followed by voting by those who would be the customers? Didn't think so.
     
  15. Mr Roots

    Mr Roots Underneath The Bridge

    edited - yeah, and if you keep trying, you will succeed


    Here comes my first warning point.
     
    Last edited by a moderator: Aug 1, 2015
  16. ldhair

    ldhair Clean Supporter

    Liberty was once young. I like the coin.
     
    wmichael and medjoy like this.
  17. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    I bought in on the 2009 UHR because I saw potential and appreciation. Gold was on the rise at the time. I see no potential with this issue.

    As a collector in 2009 , I saw a chance to coup a classic design. I see no such substance for the current offering.

    Gold declining and ho-hum design..........pass.
     
    twizynorthwood likes this.
  18. serafino

    serafino Well-Known Member

    Terrible design, they should have completed Liberty's look by putting her in a pants suit and instead of holding a torch she should be holding a ipad.
     
    wmichael and derkerlegand like this.
  19. midas1

    midas1 Exalted Member

    "Lady Liberty looks too much like an actress and looks more like a fantasy token than a coin"

    I attended two different seminars given by previous mint Directors at two different Whitman shows. Both times the mint Director stated they will not be reissuing old designs of coins they are only issuing "new" designs. To me, it doesn't look very promising for the designs of new coins.
     
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  20. derkerlegand

    derkerlegand Well-Known Member

    I like this from a commercial 1 oz. silver round better!
    [​IMG]
     
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  21. JBOCON

    JBOCON Well-Known Member

    I am passing on this one. Will spend instead on pre-33.
     
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