Discussion in 'Bullion Investing' started by saltysam-1, Jul 24, 2015.
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I thought they were flames.
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.
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.
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.
edited - yeah, and if you keep trying, you will succeed
Here comes my first warning point.
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.
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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