Discussion in 'US Coins Forum' started by bkozak33, Apr 10, 2014.
As was mentioned in another thread. The Byzantines did it almost 1,000 years earlier.
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Nice! Someone offered me $750 today for my one and only uncirculated gold HOF coin.
I would not sell. These will be the most significant coins of the century. They will keep going up in price
I'm not sure about that. I did not sell...yet. TC
The hype is what sells these. (in my opinion)
The US mint was very smart releasing these close to opening day, and yes they should profit from these. That is what business all about. People complain over and over about other series (ATB quarters) that the mint does not market enough to the general public. Simple solution: Buy what you like, and let others enjoy the same. Who cares what the coin of the century will be as most of us will be long gone by that time anyway. TC
Well that's interesting since not enough sold out of the minting to even qualify to receive the surcharge money.
2013 GIRL SCOUTS PROOF SILVER DOLLAR
2013 GIRL SCOUTS UNCIRCULATED SILVER DLR
Twelve months from now we'll be due for the next coin of the century.
That's the problem, the coins of the century just don't hold their reign as long as they're supposed to.
Think about this:
The Morgan dollar was minted because the U.S. Government needed to buy silver. It's silver content and stated value were roughly the same, so they could easily be used for day to day commerce. Most of them weren't but a small percentage of them were.
The modern day ASE's and commems are minted because the U.S. Government wants to sell silver (and gold). They aren't intended for use in day to day commerce either. Their PM content is much higher than the stated value on the coin.
At first, I was very disappointed in the design of the coin, but upon further consideration, it is really quite clever in it's simplicity. The concave side of the coin mimics the web/pocket of the glove and the convex side mimics the outside curvature of the ball. Simple, yet clever.
As to whether these coins will have long lasting premium, I don't think any of us really know. I would suspect they will maintain some level of premium due to the demand from the coin and baseball collectable markets, but I don't think today's premiums are sustainable. It's also the first "curved" coin issued by the U.S. Mint. As others have already so eloquently stated, if they minimize this "design", it can also be a reason for premiums in the future. Only time will tell.
Actually, the 2006 ASE set has a mintage of around 250k, the 2011 set has a mintage of 100k.
Are you sure about that? I can see these being collected in Cuba, Dominican Republic and other nations where baseball is king.
And may I add, Venezuela and Japan, too.
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