Have any of the 5 oz pucks went up in value?

Discussion in 'US Coins Forum' started by Vess1, Feb 24, 2021.

  1. Vess1

    Vess1 CT SP VIP

    Hey all. Was considering getting the latest and last 5 ozer coming up from the mint as I noticed there would only be 20k for sale. Should I get it or wait for the aftermarket? I noticed last years can be had for less than issue price on the aftermarket. Wasn't sure how difficult it might be to get one if I don't order it when they come out. I haven't paid any attention to these really and don't own any. I like this Tuskegee one.
     
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  3. GoldFinger1969

    GoldFinger1969 Well-Known Member

    The image isn't showing up....Mods, all I see is a tiny icon and the letters "IMG" in brackets.

    Back to your question, Vess...I saw a 5 ouncer go off for $200 including bp. a few days ago. Depending on the venue for sale, the item, etc....5 ouncers should cost $160 - $190 hammer price. Some (Apollo 11) go for much more.

    Is this 5-ouncer from the U.S. Mint ?

    There's another 5-ounce thread here, BTw, if you want to check it out.
     
  4. Evan Saltis

    Evan Saltis College Dorm Collector Supporter

    Some will just stick out. Can't really predict what the people will truly be obsessed with next. I'm assuming Effigy Mounds is among the less popular.
     
  5. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    I think the Apollo ones will probably be the best bet from a financial status. There are better looking ones, though.
     
  6. GoldFinger1969

    GoldFinger1969 Well-Known Member

    You mean the Apollo 11 5-ouncers that are out there now, right ? They were about $260 a few weeks/months ago. The premium on those goes higher depending on the label you have. NGC has some good ones.

    I would NOT buy any of these with the expectation of making $$$....unless silver shoots up to like $60/oz. You are paying a big premium to silver already.

    There are other 5-ouncers that will run you anywhere from $150-$200 or so.....a lesser premium than the Apollo 11's....still rich to silver spot....but closer to silver ASE's than some of the 5-oz'ers.

    As I buy these when I like the design, I usually pay a modest premium. I've seen some for close to $150 (minimal premium to silver) -- but hated the designs.
     
    Last edited: Feb 24, 2021
    Morgandude11 likes this.
  7. baseball21

    baseball21 Well-Known Member

    Hawaii spiked and has a strong premium. The first year spiked but I think besides the grand canyon a lot of them have come back down. There's some grade rarities in the series too just don't remember them off the top of my head.

    Just remember there's a difference between the bullion and P versions
     
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  8. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Hawaii volcanoes, right ? I lost track of all these 5-ouncers from years ago....started out with National Parks I think and kept going.

    Some are nice but the premiums for UC or DMPL are still nutso in most cases.

    I don't know who's paying those sky-high prices. Can't be veteran buyers and savvy collectors unless they are banking on The Greater Fool Theory to bail them out. And hard to believe 1st-timers or novices are blindly forking over those asking prices but who knows.

    Paying $175 - $250 for the 5-ouncers can make sense for a coin or several that you really like the design. But paying $500 or more for investment purposes looks like a sure-fire repeat of buying at 1980 or 1989 or 2011 prices, IMO.
     
  9. baseball21

    baseball21 Well-Known Member

    Yes that is probably the most popular of the series

    No they aren't. Those are rare for many of the issues

    You need to break this habit and not follow in the footsteps of the fools that hold opinions like this. The quicker the better too. Just because people like moderns, or like something differently, or have a better understanding of a market doesn't make them fools. The only fools are the ones that are dismissive of how they collect just because they don't understand the modern market or like it.
     
    markr, GoldFinger1969 and AuldFartte like this.
  10. Phil's Coins

    Phil's Coins Well-Known Member

    Great answer. I would only add, be sure you do your due diligence BEFORE buying.
    Stay Safe.
     
  11. Mr.Q

    Mr.Q Well-Known Member

    Up, down, all around, that's the silver market. The best resource is a trusted Numismatist, Precious metals specialist, or coin dealer. After consulting with whomever, the final decision is solely on you're shoulder, good luck.
     
  12. skm

    skm New Member

    In 2010, I purchased Hot Springs ATB 5oz from the US Mint for $279, I bought only one for my collection. I had no intention to collect the series. If I wanted to buy the Hot Springs coin today, I would expect the range to be $180 to 225. No complaints just an observation.
     
  13. baseball21

    baseball21 Well-Known Member

    The 2010 and 2011 issue prices really kind of need to be thrown out the window. Silver spot was so high it really skewed the issue prices
     
  14. Jim Dale

    Jim Dale Well-Known Member

    I got the Gettysburg 5 ounce, mainly, because I thought it would mean something to those interested in the War Between the States. It's really a nice coin. Mine has the "P" on it. I also bought the Ellis Island because my great grandmother and her 7 children came to the states after WW I. (My great grandfather was killed and buried in France.) Another 5 ounce that I got is not one of the series. I bought the Apollo 11 Five Ounce coin and I really like it. All in all, the Mint did something right with the Five Ounce coins. Any idea what the Apollo 11 Five Ounce coin is worth today?
    I happened to not have anything to do last night so I watched Rick for a few minutes. He was selling the American Liberty 225th Anniversary Four-Medal Set for $699. I have to give it to him though, the medals were all 70's from NGC. I bought 2 sets of the a few years ago from the Mint for 199.95 each totaling (with S+H of $4.95) for a total of $404.85. I've watched Rick and Coin Vault off and on for a couple years. I like to see what they are selling some of my stuff for. Oh yeah, the $699 didn't include S&H. I only bought one thing from him. I don't even remember what it was, but I'm sure I got taken.
    Do you think the Tuskegee 5 ounce will be out in 5-10 minutes? Anyhow, thanks for your input.
     
  15. Conder101

    Conder101 Numismatist

    That would mean they have INCREASED the mintage limit. The limit for the last three 2020 coins was only 13,750. From 2018 through the first two 2020 coins the mintage limit was 20K and the highest actual sales was 2018 Pictured rocks at 17,773. A limit of 20K for the 2021 is nothing special.
     
  16. Richard Snively

    Richard Snively New Member

    Snagged both collector and slabbed BU,s at times for under a hundred bucks on E-bay,Paid as much as $415 for Hawaii .Not many dealers mess with these or have any large inventory so if they ever get popular,,who knows !!!
     
  17. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Hey, I collect moderns and pay premiums so I am NOT calling them fools. 'Cause I'd be leading the pack. :D

    I'm talking about paying way over FMV for the coins, above recent sales prices. And paying 2x for a PF70 vs. a PF69 which I personally think won't work out investment-wise but if someone likes it, I'm not saying it's a dumb purchase.

    I do believe there's lots of speculation here based on emails and PMs and conversations I have with people. Some of these people think if the price of silver doubles that these things will automatically double, too. :yack:
     
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  18. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Paid under $100 for which ones ?

    Awesome price...wow.
     
  19. GoldFinger1969

    GoldFinger1969 Well-Known Member

    I'm not sure if people are buying these for INVESTMENT or because they like the coins, which show off great designs in the 5-oz. size.

    I've bought a bunch, probably at about a 50-70% premium to silver on average....so taking into account it's a coin, big slab, graded, and 5 ounces.....not bad, IMO.

    With silver at $27, 5 ounces is $135. So for me, $200-$250 seems reasonable if you are buying it strictly or partly for investment purposes. Paying 2x or 3x that for special grades seems excessive to me, but maybe that's just me. :D Esp. on the PF70 vs. PF69 thing at way over recent FMV sales.
     
  20. baseball21

    baseball21 Well-Known Member

    There’s probably something you’re missing for why the price is that way. Collecting isn’t investing. 70s always cost more and 2x is one of the cheaper premiums for it. If a 1oz version had as low of a 70 percentage as these do the premium would be more than 2x.
     
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  21. GoldFinger1969

    GoldFinger1969 Well-Known Member

    No, I get it....I think some people buying high and paying up for the 70's think that the price will track bullion -- which it most certainly will not.
     
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