http://www.coinweek.com/bullion-rep...ican-liberty-high-relief-gold-coin-announced/ Looks like $390-440 over spot. I guess that's in line with their pricing on other gold collectibles (First Spouse, the gold Kennedy, etc). Starting to wonder, though, whether I'd rather wait for the aftermarket -- I kinda see this one following the gold Kennedy path more than the 2009 UHR.
Its great its high relief, I like the eagle reverse, but the obverse is simply subpar artistically. I would also guess it would be lower on the aftermarket than higher. I am sad to say this, too. I wish they could have had an artistically pleasing design in high relief. I would have loved to have lined up to buy this. Btw, if they are experimenting with producing high relief coins again, why not start out on something most could afford to buy like a high relief silver coin? Imagine that eagle on an ASE in high relief? That is something worth buying.
I really would not mind owning this... but don't know if I can pull the trigger. People on the mint facebook page are mad it is not one per customer... but I just can't see a sellout that fast
I don't think that it'll be an early sellout either. I don't like the coin (although the actual coin might be better than the armadillo on the reverse ) but many might. Young collectors may have a problem coming up with the $. If I thought that a flip would get me something, perhaps I would, but I don't see it. Time will tell.....
So why is this new gold coin going to be a $100 coin instead of a $20 gold coin. In other words, why isn't it a double eagle, anyone know? Just wondering. So is it called a quintuplet eagle? j/k http://www.ngccoin.com/news/viewart...ad+rmPBy+2oMFWp8na+qWCgseOrQ8lloOV8uzRs0YqKc=
Full Union. But it bugs me to consider that name for a one-ounce gold piece, even if it does have a $100 face value.
I am frustrated that the Armadillo and the 'Possum are such underrated creatures! They should be featured on a series of Gold 1/4toz! Where is SteveX?
So really a true "Union" should weigh 2.5 ounces. Maybe in the US Mint's mind this all balances out somehow due to inflation. It will be interesting to see how the sales go. "Famed designer George T. Morgan thought of an early possible design for a $100 full Union coin, should the Half-Union ever be a success. When the mint found the design of a 2.5 ounce solid gold coin completely infeasible, the idea of a complete Union was discarded altogether and was forgotten about, often only thought of as a possibility."
I think it was the Half-Union that was 2.5 ounces (since a double eagle was about an ounce); the full Union would have been 5 ounces.
IMO, this entire coin is simply pandering to the wealthiest of collectors and 5 will get you 10 that the slabbing companies will totally ruin the aftermarket for these coins. I cannot even begin to imagine all the various slab labels that will surround this half baked idea. $400 over spot is just ridiculous and even if I had $1500 to piss away, I wouldn't buy one of these because it would probably cost me $400 just to keep it for 10 years.
Well, that seals it. I'm definitely not buying this one. I'd rather sink the money into a 2009 UHR, if I were going to get an expensive gold coin.
Absolutely right! So now a "Union" would have to be a gold puck, like a 5 ouncer puck of gold, dang!! I wonder how many collectors would buy something that size? Just sayin'
I would. I like the reverse design, I like the fact it's high relief. A true union with an obverse as pretty as the reverse, and I would be interested. But a pedestrian if not hideous obverse design coupled with a weird denomination, and it's not worth a $400 premium to me.
Uh oh. I hope this doesn't disappoint a lot of folks! http://www.coinworld.com/news/united-states-mint-nixes-high-relief-silver-medal.html The US Mint is not going to be making these much less releasing taking orders on July 30th.