Basketball Gold Coin Coming in June?

Discussion in 'Bullion Investing' started by fretboard, May 23, 2020 at 10:32 PM.

  1. fretboard

    fretboard Defender of Old Coinage!

    I'm sure you've all heard about the Basketball Coins that the US Mint is to release in June! The 1/4 ounce Gold Coin is currently listed for $664.50. You think that will be the real price or will it go up? You think the coins will be released for sale in June 2020 or will we still have to wait due to Covid-19? :( I've seen plenty of 2020 gold coins but I'm thinking those were probably minted before all this Corona business! :D Are there any coins that are gonna have a small mintage number due to Corona?? Anyone know?
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  3. -jeffB

    -jeffB Greshams LEO Supporter

    I'm still sore that they missed the opportunity to make the 50-cent commem look like a net, complete with clad fragments dangling down from the rim, and big enough to toss the gold through.

    No, that's not actually true. I'm still completely uninterested in another set of overpriced coins lauding sportsball.
  4. Inspector43

    Inspector43 72 Year Collector

    Doesn't the mint have to pay royalties to the NBA for this?
  5. Inspector43

    Inspector43 72 Year Collector

    The ball looks too big for the net.
  6. LakeEffect

    LakeEffect Average Circulated

    Answers (in order):

    A. The coins will be minted and sold in 2020 as planned.
    B. The coins benefit the basketball Hall of Fame, not the NBA
    C. The ball isn't too big, but objects may appear closer than they appear in a convex planchet.

    Happy to help. All in fun. Don't want one.
    Inspector43 likes this.
  7. Santinidollar

    Santinidollar Supporter! Supporter

    The Mint can list this coin at $1.99 and I’ll still let them keep it. What a piece of garbage.
    KeviniswhoIam and Inspector43 like this.
  8. baseball21

    baseball21 Well-Known Member

    Likely more from the bad design they picked.
  9. Inspector43

    Inspector43 72 Year Collector

    Love it !
  10. fretboard

    fretboard Defender of Old Coinage!

    When the US Mint had their Baseball Coins for sale I bought a couple but I ended up trading both of them for gold. Nothing special but my point is the novelty wore off super quickly so I won't buy the B-Ball coin at all, definitely not for that crazy price! And take a look at the price for a Gold Buffalo, $2415, damn that's a lot of money! :D
  11. thomas mozzillo

    thomas mozzillo Well-Known Member

    The US Mint changes the price of all precious metal coins on a weekly basis. They have a price grid and the cost of a coin goes up & down according to the price of the metal. I'm not sure of what issues are being released on the date stated on their site as some of the dates were cancelled and new dates have not been determined.
    The End of WWII Gold coin has a very low mintage of 1,945. Good luck trying to get one when they go on sale. (The low mintage has nothing to do with Covid-19).
  12. Oldhoopster

    Oldhoopster It seemed like a good idea at the time.

    I'll buy one for me and one for the kid.
  13. Collecting Nut

    Collecting Nut Borderline Hoarder

    I bought the baseball coin. I love baseball. Look where that is and how it's doing. This coin will do the same. I'm just not interested.
  14. fretboard

    fretboard Defender of Old Coinage!

    Yep, I thought as much! :D
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