Puck "Cents"

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

  1. statequarterguy

    statequarterguy Love Pucks

    Agreed, it doesn’t matter much to me either – I have one of each and I’m not selling. But, I do like to know the monetary value of my collection. The whole issue of how the mint leaves collectors/investors hanging over mintages is just one more example of their terrible customer service. The mint is no longer just a producer of coinage for commerce, they target collectors/investors with their products, then leave us in the dark, so that the secondary market is stifled, or worse, led in the wrong direction. If Hawaii is not actually the lowest mintage key, how many are going to lose on that deal?
     
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  3. Phil Ham

    Phil Ham Hamster

    I buy a lot of things from the mint and have a good experience with them. They have gotten better with customer service over the years but they do have a ways to go to reach world class. The mint has created a website to show the production and sales of coins but doesn't include the 5-oz collector's puck. They do include the mintage of the 5-oz bullion pucks. They also do not show mintages before 2010. I guess they don't want to but the redbook out of business. I find the coinupdate.com a much better site to get updated information. It is odd to me that the mint can't create a similar report since they must be giving the infromation to the coinupdate folks. Oh well, it gives the mint something to work upon to get better. Perhaps I leave them a recommendation for improvement.
     
  4. IMO, there is only a very slim chance that Hawaii will not be the lowest P mintage after audited number come out. Even if it is no longer the lowest, I do not see the price falling too much. The design is unique and people simply like Hawaii and volcanos. TC
     
  5. statequarterguy

    statequarterguy Love Pucks

    Starting 6/16/2013 the mint does list the sales of its numismatic products, updated weekly, which includes the P Pucks. It appears this is where coinupdate.com gets its numbers, as they publish the same numbers the day after the mint does. I have no idea where Coin World gets its numbers, including the 3 or 4 P Pucks with lower mintages than Hawaii. Here's a link to the mint's numbers, they come out Tuesday by 5pm and include sales through the previous Sunday:

    http://www.usmint.gov/about_the_mint/cumulativeSalesStatistics/
     
    Last edited: Jan 5, 2014
  6. Phil Ham

    Phil Ham Hamster

    I do have a link to the above report but you can't currenlty get to archived versions of the report. Thus, you can't see sales information for the pucks from 2010-2012. I can see the archived reports on coinupdate.
     
  7. statequarterguy

    statequarterguy Love Pucks

    What’s up with the report this week? Over the holidays it was late, but why this week? Oh well, it’s the mint, they can get away with things a normal business can’t.
     
  8. statequarterguy

    statequarterguy Love Pucks

    Well, looks like the mint is unprepared again this year and will load all the pucks into a short time period. All 5 are still listed in the On Sale Dates To Be Determined section. I don't know about you, but I'm going to buy less of each one, if I have to buy them all within a short time period.
     
  9. Phil Ham

    Phil Ham Hamster

    As the mint will soon release the firt 2014 collector puck, I thought it was a good time to update the market value of the earlier pucks (based on completed ebay listings) versus mintage and initial sales price.

    2010 (Average Mint Sales Price of $280)
    Hot Springs (NP1) $250 27,000
    Yellowstone (NP2) $250 27,000
    Yosemite (NP3) $250 27,000
    Grand Canyon (NP4) $250 26,019
    Mount Hood (NP5) $215 26,928
    2011 (Average Mint Sales Price of $215)
    Gettysburg (NP6) $215 24,625
    Glacier (NP7) $215 20,856
    Olympic (NP8) $250 18,398
    Vicksburg (NP9) $250 18,594
    Chickasaw (NP10) $250 16,827
    2012 (Average Mint Sales Price of $215)
    El Yungue (NQ0) $260 17,314
    Chaco Culture (NQ1) $225 17,146
    Acadia (NQ2) $425 14,978
    Hawaii (NQ3) $655 14,863
    Denali (NQ4) $300 15,225
    2013 (Average Mint Sales Price of $155)
    White Mountains (NQ5) $200 20, 530
    Perry's Victory (NQ6) $200 17,707
    Great Basin (NQ7) $210 17,792
    Fort McHenry (NQ8) $195 19,802
    Mount Rushmore (NQ9) $195, 23,547
     
  10. treehugger

    treehugger Well-Known Member

    Thanks for the information, Phil.
     
  11. Phil Ham

    Phil Ham Hamster

    With the release this week of the Great Smokey Mountain puck, here is the updated sales price, current market value (recent ebay sold listings), and mintages of the collector pucks. It appears that the 10% discount for subscriptions has increased the demand for the new puck. I'm guessing a sell out pretty soon with a likely market value rise to about $170-$180. It will be interesting to see if there is any impact from the increased demand created by the 10% discount on the market value of prior year pucks.

    2010 (Average Mint Sales Price of $280)
    Hot Springs (NP1) $240 27,000
    Yellowstone (NP2) $295 27,000
    Yosemite (NP3) $230 27,000
    Grand Canyon (NP4) $245 26,019
    Mount Hood (NP5) $210 26,928
    2011 (Average Mint Sales Price of $215)
    Gettysburg (NP6) $215 24,625
    Glacier (NP7) $230 20,856
    Olympic (NP8) $235 18,398
    Vicksburg (NP9) $205 18,594
    Chickasaw (NP10) $235 16,827
    2012 (Average Mint Sales Price of $215)
    El Yungue (NQ0) $265 17,314
    Chaco Culture (NQ1) $245 17,146
    Acadia (NQ2) $430 14,978
    Hawaii (NQ3) $645 14,863
    Denali (NQ4) $320 15,225
    2013 (Average Mint Sales Price of $155)
    White Mountains (NQ5) $180 20, 530
    Perry's Victory (NQ6) $185 17,707
    Great Basin (NQ7) $190 17,792
    Fort McHenry (NQ8) $195 19,802
    Mount Rushmore (NQ9) $175, 23,547
    2014 (Average Mint Sales Price of $140 with Subscription)
    Great Smokey Mountains (NR1) $140 21,415*

    * US mint still selling to a maximum mintage of 25,000.
     
  12. Looks like prices have come down a bit, especially for the 2013 issue. Hawaii is still king. :happy: Thanks for posting these numbers. TC
     
  13. Phil Ham

    Phil Ham Hamster

    After the initial spike in sales of the Great Smokey Moutains puck as a result of the 10% subscription discount, the sales have fallen off drastically. It looks like that it will take a couple of months to sell it out at the current low sales of about 100/week. The low price of silver is also having an impact on the value of the pucks. With only a couple of exceptions, the market value (ebay completed sales) has dropped over the past three weeks.

    2010 (Average Mint Sales Price of $280)
    Hot Springs (NP1) $240 27,000
    Yellowstone (NP2) $240 27,000
    Yosemite (NP3) $220 27,000
    Grand Canyon (NP4) $220 26,019
    Mount Hood (NP5) $220 26,928
    2011 (Average Mint Sales Price of $215)
    Gettysburg (NP6) $210 24,625
    Glacier (NP7) $210 20,856
    Olympic (NP8) $215 18,398
    Vicksburg (NP9) $220 18,594
    Chickasaw (NP10) $240 16,827
    2012 (Average Mint Sales Price of $215)
    El Yungue (NQ0) $270 17,314
    Chaco Culture (NQ1) $230 17,146
    Acadia (NQ2) $430 14,978
    Hawaii (NQ3) $650 14,863
    Denali (NQ4) $300 15,225
    2013 (Average Mint Sales Price of $155)
    White Mountains (NQ5) $190 20, 530
    Perry's Victory (NQ6) $180 17,707
    Great Basin (NQ7) $180 17,792
    Fort McHenry (NQ8) $195 19,802
    Mount Rushmore (NQ9) $180, 23,547
    2014 (Average Mint Sales Price of $140 with Subscription)
    Great Smokey Mountains (NR1) $140 23,596*

    * US mint still selling to a maximum mintage of 25,000.
     
  14. Your numbers are very helpful. I think these will all have value in the future. It may be some combination of mintage, design and initial offer price that determine future demand/value. TC
     
    definer likes this.
  15. statequarterguy

    statequarterguy Love Pucks

    I’m not really concerned with fluctuations due to pm prices. These coins have great potential due to their low mintages and beautiful designs. One more factor that could hold down the current values is the fact that the series is ongoing and new issues are available from the mint at the lowest prices yet. So, if I were to speculate on this series, I’d probably load up on new issues at lower prices, hoping that some of them set record low mintages, rather than spend too much on prior issues, then I could trade my multiples later for the issues I don’t have. Once the series ends and mintages and availability for all are established, the values could take off.
     
  16. statequarterguy

    statequarterguy Love Pucks

    Something I haven’t seen addressed for these P Pucks, is the relief. Many complain about the low relief of modern issues, however, these Pucks must be the highest relief coins I’ve seen.
     
  17. Phil Ham

    Phil Ham Hamster

    As I've mentioned many times before, it is a beautiful puck to behold. I think that it will go down as one of the best struck coins in the mint history. It doesn't get any better than this.
     
  18. Phil Ham

    Phil Ham Hamster

    The Great Smokey Mountain puck has now sold out and moved to a value of about $180, which is about the same value of the 2013 pucks. The Shenadoah puck is still selling with a strong initial sales due to the 10% subscription discount. Considering the increase in mintage to 30,000, it will probably take a while to sell this guy out. The The Hawaii puck is still the king and holding value quite well followed by the Acadia puck. The low price of silver doesn't seem to be impacting market value, yet.

    2010 (Average Mint Sales Price of $280)
    Hot Springs (NP1) $233 27,000
    Yellowstone (NP2) $243 27,000
    Yosemite (NP3) $223 27,000
    Grand Canyon (NP4) $223 26,019
    Mount Hood (NP5) $223 26,928
    2011 (Average Mint Sales Price of $215)
    Gettysburg (NP6) $208 24,625
    Glacier (NP7) $213 20,856
    Olympic (NP8) $213 18,398
    Vicksburg (NP9) $213 18,594
    Chickasaw (NP10) $233 16,827
    2012 (Average Mint Sales Price of $215)
    El Yungue (NQ0) $238 17,314
    Chaco Culture (NQ1) $238 17,146
    Acadia (NQ2) $403 14,978
    Hawaii (NQ3) $653 14,863
    Denali (NQ4) $303 15,225
    2013 (Average Mint Sales Price of $155)
    White Mountains (NQ5) $183 20, 530
    Perry's Victory (NQ6) $183 17,707
    Great Basin (NQ7) $183 17,792
    Fort McHenry (NQ8) $183 19,802
    Mount Rushmore (NQ9) $183, 23,547
    2014 (Average Mint Sales Price of $140 with Subscription)
    Great Smokey Mountains (NR1) $183 24,742
    Shenadoah National Park (NR2) $140 21,297*

    * US mint still selling to a maximum mintage of 30,000.
     
  19. sodude

    sodude Well-Known Member

    Are the rest of the 2014 coins going to have a max mintage of 30,000?
     
  20. The "sleeper" in the series to date is...Chickasaw. It has the lowest mintage of 2011 and the 4th lowest mintage overall. I would suggest getting it if you see if reasonably priced. TC
     
  21. definer

    definer definitely....! LOL

    Got three of them...:rolleyes::D
     
    TopcatCoin likes this.
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