Puck "Cents"

So, with pm's continuing their journey south, anyone else here glad they put their pm budget into the P-Pucks? Just "eyeballing" the numbers, looks like I'm way ahead, rather than behind. If you can buy extremely low mintage bullion coins at a small premium over melt, seems like a "no brainer".

 

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It will be interesting to see where the pucks go. The price of silver is going very low and it has to have a serious impact on the price of the collector pucks to the negative. The sales of pucks has been very limited on ebay and it is making it a little difficult to gage their value. I'm thinking that the latest releases won't be too good of a value though.

Updated on 21 September 2014

2010 (Average Mint Sales Price of $280)
Hot Springs (NP1) $225 27,000
Yellowstone (NP2) $225 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) $210 18,398
Vicksburg (NP9) $210 18,594
Chickasaw (NP10) $235 16,827
2012 (Average Mint Sales Price of $215)
El Yungue (NQ0) $290 17,314
Chaco Culture (NQ1) $220 17,146
Acadia (NQ2) $560 14,978
Hawaii (NQ3) $800 14,863
Denali (NQ4) $325 15,225
2013 (Average Mint Sales Price of $155)
White Mountains (NQ5) $190 20, 530
Perry's Victory (NQ6) $190 17,707
Great Basin (NQ7) $180 17,792
Fort McHenry (NQ8) $170 19,802
Mount Rushmore (NQ9) $175, 23,547
2014 (Average Mint Sales Price of $140 with Subscription)
Great Smokey Mountains (NR1) $170 24,705
Shenadoah National Park (NR2) $155 26,530*
Arches (NR3) $155 26,436*
Sand Dunes $140 Just Released*

* US mint still selling to a maximum mintage of 30,000.Perry's

 

Yeah, the mint needs to lower the puck price.

As for lower silver affecting their secondary market value, I don't see it. Heck, at these low mintages, if they were made out of nickel, the price could still go to the moon.

 

It could go to the moon. But there has to be greater interest to boost the prices. So far that doesn't seem to be happening. Who knows what the future holds. But it's good the prices are higher than the issue price.

 

Just arrived on Wednesday

 

Anyone following how the mint prices silver, aren't these Pucks due for a major price decrease from the mint?

 

You'd think.

Rob

 

I'm hoping since they haven't put a price on it yet. That is a good sign that it might happen. If it does I'm guessing it will be about what it was when the 10% off subscription was in effect.

 

That would be good. As silver has dropped another $0.26 today, it is now down to $16.78. The pucks have $83.82 of silver in them. With a 50% mark-up, how about $124.95?

 

It's crazy how many of these get graded, but the raw in OGP command more money than the SP69 in most cases.

It seems a few of the 2013's are getting some legs now...dyodd

 

Deleted double entry.

 

As the price of silver continues to head lower, it doesn't seem to have impacted the value of the collector pucks. Although it is a little difficult to judge market value due to the low volume of sales on ebay (sold listings), it does appear that the El Yungue is heading higher and the hype of the Hawaii puck may be waning as it seems to now be selling down at about $700. Chickasaw and Chaco Culture still seem to be undervalued in the market place based on mintage. On the good side of the low sales, it appears that collectors are holding onto them. On the bad side, the increase volume of the 2014 pucks coupled with the discontinuation of the 10% subscription will most likely impact the demand and future value of them. It will be interesting to see the initial sales of the Everglades puck next month.

Updated on 25 October 2014

2010 (Average Mint Sales Price of $280)
Hot Springs (NP1) $225 27,000
Yellowstone (NP2) $220 27,000
Yosemite (NP3) $220 27,000
Grand Canyon (NP4) $220 26,019
Mount Hood (NP5) $215 26,928
2011 (Average Mint Sales Price of $215)
Gettysburg (NP6) $200 24,625
Glacier (NP7) $205 20,856
Olympic (NP8) $215 18,398
Vicksburg (NP9) $200 18,594
Chickasaw (NP10) $250 16,827
2012 (Average Mint Sales Price of $215)
El Yungue (NQ0) $320 17,314
Chaco Culture (NQ1) $240 17,146
Acadia (NQ2) $570 14,978
Hawaii (NQ3) $700 14,863
Denali (NQ4) $330 15,225
2013 (Average Mint Sales Price of $155)
White Mountains (NQ5) $190 20, 530
Perry's Victory (NQ6) $190 17,707
Great Basin (NQ7) $180 17,792
Fort McHenry (NQ8) $180 19,802
Mount Rushmore (NQ9) $180, 23,547
2014 (Average Mint Sales Price of $140 with Subscription)
Great Smokey Mountains (NR1) $180 24,722
Shenadoah National Park (NR2) $155 26,916*
Arches (NR3) $155 26,923*
Sand Dunes $155 21,306*

* US mint is selling @ $154.95 to a maximum mintage of 30,000.

 

Anyone receive an enrollment notice for the Florida Puck? I see it's scheduled for 11/6, but I have not received a notice.

 

Thanks for the reminder to cancel my subscription. Not worth it to me at FULL PRICE, especially with the value of silver way down.

 

Yeah, I cancelled 2 of my enrollments, keeping 1 for my collection.

 

Do you think that the mint will be wise enough to reduce the actual mintage of the Everglades' pucks to 20k and only say a max 30k on the website? I don't believe they'll sell over 20k at $154.95.

 

Why not, they sold over 20k of many of the others without the subscription discount. Granted there are a lot of new items, 2015 products, libs and what not people can buy, but I still believe the collector demand will be there as well as plenty of the speculators. Of course, plenty of the speculators could now be heading to wall street with their cash. (had to put that in so others didn't feel the need to take us off topic)

 

But did they sell them when silver was just $17/ounce?

 

It appears that without the subscription the 2013's sold about 18k each. The real issue is how many will "forget" or neglect to cancel their subscription and pay the higher price? That will make the initial mintage about 20k before they start selling from their website. Just a guess, but we'll see.

 

Sad if the mint is counting on "catching" people into sales. This will be the highest markup over melt the mint has ever had on this issue. If not this time around, sales should decline significantly, as many buyers are bullion people, and sales increased significantly when the spread was small.

I don't know, I guess the mint doesn't legally have to lower the price of the collector puck, as it does with the bullion puck? Yet, it does adjust the price of the collector gold bullion, other collector silver, and has traditionally adjusted the collector puck.

 

I doubt that was their intention, but I'm sure it will be a consequence for some.