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<p>[QUOTE="Al Kowsky, post: 3888159, member: 97383"]LakeEffect, I enjoyed reading your thread & would like to add a few of my thoughts to it <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />. Rarity for NCLT (non circulating legal tender) & business strikes (coins meant for daily commerce) should be viewed separately, & modern U.S. commemorative coins are NCLT. Modern U.S. commemoratives have been highly speculative, reaching peak values 7-8 years ago, until falling to current market values today. One factor that has played into their value structure has been TPG (3rd party grading) companies like PCGS & NGC. For example lets look at the $10 bimetallic coin of 2000. The example pictured below I bought at auction about 10 years ago for $1,900.00.</p><p><br /></p><p>[ATTACH=full]1026221[/ATTACH] [ATTACH=full]1026222[/ATTACH] </p><p><br /></p><p>The original mintage of this coin was 7,251, & PCGS has slabbed 567 coins in MS70 grade. In their current price guide it lists for $1,800.00. A couple of years ago you could pick up coins in this grade at auction for about $1,000.00. Today you can find examples in this grade in the $1,300.00 - 1,500.00 range. One coin in MS70 grade slabbed by PCGS sold for $4,600.00 by Heritage in July 2012 <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie57" alt=":jawdrop:" unselectable="on" unselectable="on" />! I bought the coin pictured above strictly for the novelty of its bimetallic composition & its low mintage. Will the coin go up in value or sink again <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie12" alt="o_O" unselectable="on" unselectable="on" />? Who knows <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie5" alt=":confused:" unselectable="on" unselectable="on" />.... I've bought other U.S. modern commemorative coins strictly on the basis of their art work, especially the $5 coins designed by Elizabeth Jones, see examples pictured below. I think she is a very talented designer <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />. </p><p><br /></p><p>[ATTACH=full]1026228[/ATTACH] [ATTACH=full]1026229[/ATTACH] [ATTACH=full]1026230[/ATTACH] [ATTACH=full]1026231[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="Al Kowsky, post: 3888159, member: 97383"]LakeEffect, I enjoyed reading your thread & would like to add a few of my thoughts to it :). Rarity for NCLT (non circulating legal tender) & business strikes (coins meant for daily commerce) should be viewed separately, & modern U.S. commemorative coins are NCLT. Modern U.S. commemoratives have been highly speculative, reaching peak values 7-8 years ago, until falling to current market values today. One factor that has played into their value structure has been TPG (3rd party grading) companies like PCGS & NGC. For example lets look at the $10 bimetallic coin of 2000. The example pictured below I bought at auction about 10 years ago for $1,900.00. [ATTACH=full]1026221[/ATTACH] [ATTACH=full]1026222[/ATTACH] The original mintage of this coin was 7,251, & PCGS has slabbed 567 coins in MS70 grade. In their current price guide it lists for $1,800.00. A couple of years ago you could pick up coins in this grade at auction for about $1,000.00. Today you can find examples in this grade in the $1,300.00 - 1,500.00 range. One coin in MS70 grade slabbed by PCGS sold for $4,600.00 by Heritage in July 2012 :jawdrop:! I bought the coin pictured above strictly for the novelty of its bimetallic composition & its low mintage. Will the coin go up in value or sink again o_O? Who knows :confused:.... I've bought other U.S. modern commemorative coins strictly on the basis of their art work, especially the $5 coins designed by Elizabeth Jones, see examples pictured below. I think she is a very talented designer :D. [ATTACH=full]1026228[/ATTACH] [ATTACH=full]1026229[/ATTACH] [ATTACH=full]1026230[/ATTACH] [ATTACH=full]1026231[/ATTACH][/QUOTE]
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