Discussion in 'Bullion Investing' started by alhas, Jul 20, 2020.
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Yeap - sold out. Mintage limited to 100K but I don't know the actual figure. See U.S. Mint info. here.
Do you recall what the Mint sold them for?
They were quite hot. I suppose a year later, demand has dampened.
The issue price was $229.95 if I recall correctly.
Edit: Just noticed @Beardigger's post.
Thanks. I guess, like anything else, demand wanes as the fever eventually dies down. I don't have stats but it seems that many issues from the mint actually depreciate in value over time.
That's because the Mint charges too much to begin with!
I saw "Magic" Mike selling the 5 ounce for about $395, MS70. I never send off anything to be graded. I'll buy a graded coin if it's that important. I sent in the 2008 (MMIX) Ultra High Relief Gold Coin and it came back MS68.
I think the slab counts -- some look REALLY NICE with moon logos on the edges and a nice label.
I think they send them all in because they get a special rate.
if you’re talking about the big dealers they send in a couple hundred or even thousands at once and just set a minimum grade we’re the rest are returned raw. A lot of times the raw ones can be grading rejects though not always as they don’t always send everything in. On the big submissions like that it’s not worth the time and effort to go through them. Smaller/small dealers with small submissions will of course cherry pick what to send.
as long as it’s 100 coins or more yea they get the bulk rate
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