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Is 2015 Truman RP the coin of the year
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<p>[QUOTE="19Lyds, post: 2199303, member: 15929"]Nobody said anything about missing out on the set(s) and/or not ordering them.</p><p><br /></p><p>What was said was that their resale potential is going to be fairly limited to only a short time span of possibly a year, maybe two. But once the Presidential Dollars leave the spotlight (meaning, the series ends in 2016 and something new will come along) then it'll be a tough sell getting any appreciable dollars for them.</p><p><br /></p><p>Given the number that are "currently" for sale (both graded and ungraded) tells me that a majority of the coins purchased were be resellers and now those resellers have to be able to sell what they have.</p><p><br /></p><p>The US Mint site sold out in 15 minutes but now, what was sold by the US Mint still needs to be sold in the retail market and there appears to be plenty to go around once a buyer is willing to cough up the necessary funds. This does not mean that those buyers are going to have an interest in these coins in the future and if that happens, then the prices will go down considerably.</p><p><br /></p><p>Future "potential" for a coin is directly related to whether or not anybody wants it and the fewer people that want it enough to pay a serious premium the lower the premium becomes. I expect that those that wanted them, pretty much have them or will have them shortly.</p><p><br /></p><p>The real "tell" might very well be what the Truman coins sell for once the Eisenhower is released, and then the Kennedy, and then the Johnson.</p><p><br /></p><p>Add to that the fact that 2016 may not even have coin & chronicles set since, who really cares about Nixon's Chronicles? Ford wasn't even elected and his biggest "chronicle" was in issuing a Pardon for Nixon, which leaves Reagan.</p><p><br /></p><p>Of course, again, there's the old hype about "unique", and "First", and "Rare" and all the other words used to convince folks that these have tremendous "Investment" potential but the reality of the situation is, is that there are coins out there with much lower mintages which come in a variety of grades that a lot of folks just do not have any interest in or the primary interest is in the precious metal content which has increased in price since the coin was issued.</p><p><br /></p><p>Folks are certainly welcome to believe whatever they want it's just my "belief" that they should be informed about realities while forming their beliefs instead of believing all the sales hype which gets tossed around so freely upon a coins release.</p><p><br /></p><p>These are modern coins that have absolutely ZERO precious metal content, do not have great eye appeal and are all in the PR65-PR70 grade which basically boils down to, they just are not that exciting!</p><p><br /></p><p>If silver ever reaches $45 an ounce, that Truman medal may very well have more value than the RP.</p><p><br /></p><p>Having said all that, lets revisit this coin, these coins, in 2018 and see where they are at?[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 2199303, member: 15929"]Nobody said anything about missing out on the set(s) and/or not ordering them. What was said was that their resale potential is going to be fairly limited to only a short time span of possibly a year, maybe two. But once the Presidential Dollars leave the spotlight (meaning, the series ends in 2016 and something new will come along) then it'll be a tough sell getting any appreciable dollars for them. Given the number that are "currently" for sale (both graded and ungraded) tells me that a majority of the coins purchased were be resellers and now those resellers have to be able to sell what they have. The US Mint site sold out in 15 minutes but now, what was sold by the US Mint still needs to be sold in the retail market and there appears to be plenty to go around once a buyer is willing to cough up the necessary funds. This does not mean that those buyers are going to have an interest in these coins in the future and if that happens, then the prices will go down considerably. Future "potential" for a coin is directly related to whether or not anybody wants it and the fewer people that want it enough to pay a serious premium the lower the premium becomes. I expect that those that wanted them, pretty much have them or will have them shortly. The real "tell" might very well be what the Truman coins sell for once the Eisenhower is released, and then the Kennedy, and then the Johnson. Add to that the fact that 2016 may not even have coin & chronicles set since, who really cares about Nixon's Chronicles? Ford wasn't even elected and his biggest "chronicle" was in issuing a Pardon for Nixon, which leaves Reagan. Of course, again, there's the old hype about "unique", and "First", and "Rare" and all the other words used to convince folks that these have tremendous "Investment" potential but the reality of the situation is, is that there are coins out there with much lower mintages which come in a variety of grades that a lot of folks just do not have any interest in or the primary interest is in the precious metal content which has increased in price since the coin was issued. Folks are certainly welcome to believe whatever they want it's just my "belief" that they should be informed about realities while forming their beliefs instead of believing all the sales hype which gets tossed around so freely upon a coins release. These are modern coins that have absolutely ZERO precious metal content, do not have great eye appeal and are all in the PR65-PR70 grade which basically boils down to, they just are not that exciting! If silver ever reaches $45 an ounce, that Truman medal may very well have more value than the RP. Having said all that, lets revisit this coin, these coins, in 2018 and see where they are at?[/QUOTE]
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Is 2015 Truman RP the coin of the year
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