Puck "Cents"

Discussion in 'Bullion Investing' started by Phil Ham, May 11, 2013.

  1. 1970 Silver Art

    1970 Silver Art Silver Art Bar Collector

    Update (11-9-2018): I sold one of the two 2017-P George Rogers Clark 5-oz Uncirculated pucks on ebay that I bought a week ago. I sold it for $229. I will keep the other one for myself.
     
    Phil Ham, halvessearcher and longarm like this.
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  3. Phil Ham

    Phil Ham Hamster

    Frederick Douglas has officially sold out with a mintage of 17,678. Block Island has shipped from the mint. Cumberland Island is getting little demand at 14,282 sold.
     
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  4. Phil Ham

    Phil Ham Hamster

    The Block Island National Wildlife Refuge puck went on sale in November 2018. The mint sold 13,501 in the first of week of sales. Puck sales have been very week in the past few months and the release of Block Island didn't seem to give the other pucks much of a bump. Although the program is running out of gas, I do like the design of this one as well as the others from 2018. Here is some information on the puck from the mint website.

    Block Island National Wildlife Refuge is located 12 miles off the southern coast of mainland Rhode Island and sits on a terminal moraine, shaped by glacial till deposits, creating rolling dunes. Covering 133 acres, the refuge is distinctive because the staff works closely with other conservation organizations in an effort to protect the land. One partner, the Town of New Shoreham, operates the adjoining North Lighthouse, the island’s first lighthouse built in 1867. It has an interpretive display highlighting the importance of barrier beach habitat and the protection of the piping plover and other migratory shorebirds.

    Block Island National Wildlife Refuge is a critical migratory bird stopover point on the Atlantic coast. Fruit-bearing shrubs provide essential food for the species of birds that come to rest there. These wild lands are also known internationally for spectacular bird watching and provide a breath-taking walk along the barrier beaches.


    Block Island v2.JPG
     
  5. Phil Ham

    Phil Ham Hamster

    With the release of the Block Island puck, I thought it would be a good time to update the market values versus their mintages. Although the Rhode Island puck had a slightly higher initial demand than its Georgia counterpart, it certainly wasn't a robust opening week. Cumberland Island has yet to reach 14,500 in sales despite two months of sales. Seven pucks are on sale at the mint (two from early last year) with little buyer interest. You can drive one off the lot and expect a 10% reduction in value and later, buyer's remorse. In addition, there is little demand for the sold out pucks on the secondary market. The low price of silver is reducing demand while spurring ASE bullion sales. Meanwhile, puck values are declining faster than Grant took Vicksburg. Considering silver near $14/ounce, the mint should lower the price in 2019 to keep this program on life support. It is going the way of the presidential dollars. The chart and graph tell the gloomy story.

    upload_2018-11-25_11-5-29.png

    upload_2018-11-25_11-6-3.png
     
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  6. Phil Ham

    Phil Ham Hamster

    The US mint webpage shows the Ozark puck (17,693) and the Pictured Rocks (17,747) puck as unavailable. Considering their mintages, I believe that they will move to sold out very soon. Pictured Rocks will be the first sell out of 2018 while Effigy Mounds will be the only puck remaining from 2017.
     
  7. Phil Ham

    Phil Ham Hamster

    Sales will end for Effigy Mounds on 31 December. Ozark and Pictured Rocks remain unavailable and probably only available from returns. Sales for the other pucks were up slightly, probably due to Christmas.
     
    SLACKACTION likes this.
  8. They got a bump from the free budget shipping maybe. lol Cool 5 buck savings.
     
  9. 1970 Silver Art

    1970 Silver Art Silver Art Bar Collector

    I sold the 2nd George Rogers "P" today on ebay for a decent profit. I do not regret it because I am planning to use the proceeds to buy that Apollo 5-oz coin that is supposed to come out on Janaury 24, 2019.
     
  10. -jeffB

    -jeffB Greshams LEO Supporter

    The Effigy Mounds design on a puck must look like a quilted pillow.
     
  11. Phil Ham

    Phil Ham Hamster

    It isn't one of my favorite designs.
     
  12. longarm

    longarm Just another Jewish Carpenter

    Bullion mintage for 2018
    Pictured Rocks 30k
    Apostle Islands
    30k
    Voyageurs 30k
    Cumberland Island 52.5k
    Block Island 80k
     
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