Space coin

Discussion in 'Coin Chat' started by Christian buffington, Oct 2, 2019.

  1. Christian buffington

    Christian buffington New numismatic love

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  3. MeowtheKitty

    MeowtheKitty Well-Known Member

    Link did not work for Meow.
  4. lordmarcovan

    lordmarcovan Eclectic & Eccentric Moderator

    Login page. I've already met my twice-yearly Facebook login quota. I try to avoid the place. ;)
  5. paddyman98

    paddyman98 I'm a professional expert in specializing! Supporter

    I can't get to the page. Can you explain what it is? What error it could be?
  6. LakeEffect

    LakeEffect Average Circulated Supporter

    Are you referring to the proposed Christa McAuliffe commemorative? What makes you think there will be errors?

    I'm not interested in it myself.
  7. Johndoe2000$

    Johndoe2000$ Well-Known Member

    Link doesn't work for me either.
  8. Clawcoins

    Clawcoins Damaging Coins Daily

  9. UncleScroge

    UncleScroge Well-Known Member

    We can't even get to the FB page, so how do we know if it will even hold any value without errors? I try to avoid FB too.
  10. Christian buffington

    Christian buffington New numismatic love

  11. Christian buffington

    Christian buffington New numismatic love

  12. Christian buffington

    Christian buffington New numismatic love

  13. Christian buffington

    Christian buffington New numismatic love

    I'm not saying there will be errors I'm simply asking if anyone thinks it's going to hold any value. do you think it would be valuable if it has errors, how valuable do you think it would be if it does not? literally just trying to engage people here
  14. Christian buffington

    Christian buffington New numismatic love

    I never said it had errors it was just a proposed question in general
  15. Christian buffington

    Christian buffington New numismatic love

    But yes that IS what im referring to
  16. UncleScroge

    UncleScroge Well-Known Member

    It'll hold value if you're into it, sentimental value.
  17. John Johnson

    John Johnson Well-Known Member

    I kind of like the McAuliffe coin. I'll probably buy one for my collection. I tend to stick with graded coins these days, but in this case I'll probably just buy it off the site.
  18. PlanoSteve

    PlanoSteve Well-Known Member

    @Christian buffington , good question. Sometime it's hard to identify the motives of Congress & the Mint.

    Well, I think they are pandering to a certain segment of the population. It seems odd to me that if they want to celebrate the "Teacher in Space" moment & the extreme tragedy which occurred 33 yrs ago (1986; & which by the way killed 6 other heroic astronauts), they should have done this years ago.

    The fact that they will produce "not more than" 350,000 is an attempt to influence the "rarity" aspect & drive sales. And to further the "commercialization" aspect, note that after they determine the cost, there will be a $10 surcharge per coin which will go to the FIRST organization (purportedly for future studies in technology).

    As for errors, I would discount that, since with such a small production number they are likely to scrutinize most of them, & I just don't think they are going to max out their run, at least not to our (read: coin collecting) community. (I envision a big advertising push to schools, etc. however) I do not believe this coin will produce a value higher than its issue price (& then you would still be out the surcharge).

    I do collect space related coins, tokens (just last week received a gorgeous Apollo 11 coin/token), etc., and have a history with Grumman & the space program, but I do not consider the "Teacher in Space" coin a target.

    DEA and Randy Abercrombie like this.
  19. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    It will be like any mint offered modern commemorative. I grew up during the space race so I purchased multiples of the Apollo commemoratives earlier this year. I am fully aware that if I were to sell them now I wouldn't recoup half my investment. It wasn't an investment purchase for me so that's OK..... The mint does these commemoratives to appeal to certain segments or groups. In the end, they are only worth spot value though.
  20. Burton Strauss III

    Burton Strauss III Brother can you spare a trime? Supporter

  21. Conder101

    Conder101 Numismatist

    Yes they will, at least melt value.

    It is odd since they had a directive on commemorative programs awhile back that said events commemorated should be at least 50th anniversaries or 25 year multiples after that.

    Well that is 50,000 lower than the last half dozen or so commemorative dollars, none of which came close to selling out not even the Apollo coin which is around 260,000.
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