Palladium eagle

And yes, before someone asks, I do consider bullion markets to be completely and utterly irrational. Why? Because their participants are moved by irrational beliefs and stories.

 

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I know this is a "bullion" coin, but it is beautiful, and fairly small mintage. To me, that brings it into the numismatic side of coins.

 

I wouldn't be surprised if this one held somewhat of a numismatic role. I am assuming the mintages in the following years will be higher, but it seems like the design is very popular

 

It would have made a grand design for this year's Liberty gold coin.

 

Your fear if being "sunk in it" suggests that there isn't any confidence in your purchase, and show more of a hope of making a grand slam (in keeping with the baseball analogy), rather than a desire to own one. The 'MS70 1st Strike' game has found another player.

 

May I suggest that every collector go over to the Mint site and read a press release dealing with the subject of First Strikes? It was issued in June 2016.

You can also Google it of course. Pops right up.

 

Actually, I usually only buy coins that 1) I like. and 2)I think I can eventually sell for same price or a profit. I don't have enough money to buy coins I think will go down from my purchase price. I got a decent price (I think) on this palladium, so I'm not too worried. I paid about $1,200 shipped, so didn't really pay premium for first strike.

 

What is a typical mintage for plain old platinum eagles?

 

Less than these. But have you seen how ugly those things are?

 

I believe last year was 20k I believe. They're all over the place with what versions of the platinums they actually offer every year. I do also think this design is better than anything the platinums have had for a few years

 

The proofs are almost always less. The bullions are all over the place when they actually do them

 

I find it hard to believe that the ongoing mintage will average over 15,000. I’m afraid this is a temporary “novelty premium”.

 

Very good topic to read up on. In theory, there would be "First Strikes" throughout the production run every time a new pair of dies were installed.

 

Maybe. But I could easily see it replacing someones gold buy they were going to make that year or some of the platinum crowd converting since it is high relief and the design is very well received for once

 

I haven't read anywhere that it is high relief. The images of actual coins don't seem extraordinary high.

 

It's higher than an ASE from what people are saying. Maybe not a true high relief, but somewhere in the middle at least from what I've seen

 

Well, the relief on the ASE ain’t what it used to be. Look at any earlier year.