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<p>[QUOTE="JPeace$, post: 1902922, member: 42727"]I bought only one silver proof. I don't think it's even a coin, let alone coin of the century.</p><p> </p><p>Think about this:</p><p> </p><p>The Morgan dollar was minted because the U.S. Government needed to buy silver. It's silver content and stated value were roughly the same, so they could easily be used for day to day commerce. Most of them weren't but a small percentage of them were.</p><p> </p><p>The modern day ASE's and commems are minted because the U.S. Government wants to sell silver (and gold). They aren't intended for use in day to day commerce either. Their PM content is much higher than the stated value on the coin.</p><p> </p><p>At first, I was very disappointed in the design of the coin, but upon further consideration, it is really quite clever in it's simplicity. The concave side of the coin mimics the web/pocket of the glove and the convex side mimics the outside curvature of the ball. Simple, yet clever.</p><p> </p><p>As to whether these coins will have long lasting premium, I don't think any of us really know. I would suspect they will maintain some level of premium due to the demand from the coin and baseball collectable markets, but I don't think today's premiums are sustainable. It's also the first "curved" coin issued by the U.S. Mint. As others have already so eloquently stated, if they minimize this "design", it can also be a reason for premiums in the future. Only time will tell.[/QUOTE]</p><p><br /></p>
[QUOTE="JPeace$, post: 1902922, member: 42727"]I bought only one silver proof. I don't think it's even a coin, let alone coin of the century. 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.[/QUOTE]
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Baseball HOF Coins most significant coin of the century
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