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<p>[QUOTE="yakpoo, post: 890728, member: 18157"]<b>Up To Their Old Tricks Again!</b></p><p><br /></p><p>It looks like <b>the US Mint is up to their old tricks</b> again. The Tyler <b>proofs</b> went up in sales (as would be expected), but the <b>Uncs</b> actually declined (returned to the Mint). </p><p> </p><p>This is evidence of what I've been saying all along...the Mint restocks returned coins in the hopes the next guy won't bother putting up with the <b>BS</b>, <b>cost</b>, and <b>risk</b> it takes to return a coin to the Mint. The vast majority of returned coins are the Uncs...I suspect because they're not handled with the same care as the Proofs.</p><p> </p><p>If I wanted to buy an Unc Tyler coin at this point, I would stick to NGC/PCGS graded coins from a dealer or eBay. Poor quality coins from the Mint and "possible" counterfeits are a problem this late in the game.</p><p> </p><p>As of <b>13 May 2010</b>...</p><p> </p><p><b>Letitia Tyler</b></p><p>.....Unc: 3095 (-69) <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" /></p><p>...Proof: 5090 (+12)</p><p> </p><p><b>Julia Tyler</b></p><p>.....Unc: 2751 (-28) <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" /></p><p>...Proof: 4743 (+30)</p><p> </p><p>With gold prices above $1200 and the remaining available coins "less than pristeen", there's a good chance the Julia Tyler Unc coin could sell less than 3,000!</p><p> </p><p>About the only way I know to evaluate the potential of the First Spouse series is by comparing it with other modern (1991-2002) gold commemoratives with mintages as close as possible to the FS coins. Keep in mind that other modern gold commemoratives are only:</p><p> </p><p><b>$5 coins</b>: 8.539 grs - .900 gold/.100 copper (net <b>.2418 oz</b> pure gold)...<b><span style="color: red">less than</span> <u><span style="color: red"><i>half</i></span></u> the gold content of the First Spouse coins</b>.</p><p> </p><p>...the prices listed are for <b>MS67</b> and reflect <b>$800/oz gold (< $200 bullion value per coin)</b>. </p><p> </p><p>I got the figures from the 2010 Red Book (which is really the 2009 Red Book since that's when it's sold!)...so take it for what it's worth; a comparative measure at best.</p><p> </p><p>1991 Mt. Rushmore - 31,959 - MS67: $<span style="color: black">325</span></p><p>1992 XXV Olympiad - 27,732 - MS67: $325</p><p>1992 Columbus - 24,329 - MS67: $325</p><p>1993 Bill of Rights - 23,266 - MS67: $325</p><p>1993 WWII - 23,672 - MS67: $375</p><p>1994 World Cup - 22,447 - MS67: $325</p><p>1995 Civil War - 12,735 - MS67: $850</p><p> </p><p>1995 XXVI Olympiad (Torch Runner) - 14,675 - MS67: $800</p><p>1995 XXVI Olympiad (Stadium) - 10,579 - MS67: $1300</p><p>1996 XXVI Olympiad (Flag Bearer) - 9,174 - MS67: $1100</p><p>1996 XXVI Olympiad (Cauldron) - 9,210 - MS67: $1000</p><p> </p><p>1996 Smithsonian - 9,068 - MS67: $1250</p><p>1997 Jackie Robinson - 5,174 - MS67: $5,500</p><p>1997 Roosevelt - 11,894 - MS67: $1000</p><p>1999 Washington - 22,511 - MS67: $475</p><p>2001 Visitor Center - 6,761 - MS67: $2000</p><p>2002 SLC Olympics - 10,585 - MS67: $550</p><p> </p><p>This shows (hopefully) price trends for modern gold commemoratives relative to their mintages. There are many other factors involved, too...such as "collector base". I imagine there's more desire to own a Jackie Robinson coin than a Capitol Visitor's Center coin...(duh!).</p><p> </p><p>It's likely that the sheer variety of FS coins being released in a short period of time will dilute the collector base to a point where most coins will trade for "about bullion" for some time after the series ends. </p><p> </p><p>Additionally, folks that want to collect the series are simply running out of money (that's my delemma!) and don't want to keep that much money tied up in an investment that won't pay out for some time; older, more collectible coins are likely the better "percentage" investments.</p><p> </p><p>HOWEVER, I suspect that within ten (10) years after the end of the series (around 2025), you will start to see increasing interest in the series and a ramping up of prices...especially for the lowest mintage coins. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /> ...making them good "long term" investments...(imho).[/QUOTE]</p><p><br /></p>
[QUOTE="yakpoo, post: 890728, member: 18157"][b]Up To Their Old Tricks Again![/b] It looks like [B]the US Mint is up to their old tricks[/B] again. The Tyler [B]proofs[/B] went up in sales (as would be expected), but the [B]Uncs[/B] actually declined (returned to the Mint). This is evidence of what I've been saying all along...the Mint restocks returned coins in the hopes the next guy won't bother putting up with the [B]BS[/B], [B]cost[/B], and [B]risk[/B] it takes to return a coin to the Mint. The vast majority of returned coins are the Uncs...I suspect because they're not handled with the same care as the Proofs. If I wanted to buy an Unc Tyler coin at this point, I would stick to NGC/PCGS graded coins from a dealer or eBay. Poor quality coins from the Mint and "possible" counterfeits are a problem this late in the game. As of [B]13 May 2010[/B]... [B]Letitia Tyler[/B] .....Unc: 3095 (-69) :eek: ...Proof: 5090 (+12) [B]Julia Tyler[/B] .....Unc: 2751 (-28) :eek: ...Proof: 4743 (+30) With gold prices above $1200 and the remaining available coins "less than pristeen", there's a good chance the Julia Tyler Unc coin could sell less than 3,000! About the only way I know to evaluate the potential of the First Spouse series is by comparing it with other modern (1991-2002) gold commemoratives with mintages as close as possible to the FS coins. Keep in mind that other modern gold commemoratives are only: [B]$5 coins[/B]: 8.539 grs - .900 gold/.100 copper (net [B].2418 oz[/B] pure gold)...[B][COLOR=red]less than[/COLOR] [U][COLOR=red][I]half[/I][/COLOR][/U] the gold content of the First Spouse coins[/B]. ...the prices listed are for [B]MS67[/B] and reflect [B]$800/oz gold (< $200 bullion value per coin)[/B]. I got the figures from the 2010 Red Book (which is really the 2009 Red Book since that's when it's sold!)...so take it for what it's worth; a comparative measure at best. 1991 Mt. Rushmore - 31,959 - MS67: $[COLOR=black]325[/COLOR] 1992 XXV Olympiad - 27,732 - MS67: $325 1992 Columbus - 24,329 - MS67: $325 1993 Bill of Rights - 23,266 - MS67: $325 1993 WWII - 23,672 - MS67: $375 1994 World Cup - 22,447 - MS67: $325 1995 Civil War - 12,735 - MS67: $850 1995 XXVI Olympiad (Torch Runner) - 14,675 - MS67: $800 1995 XXVI Olympiad (Stadium) - 10,579 - MS67: $1300 1996 XXVI Olympiad (Flag Bearer) - 9,174 - MS67: $1100 1996 XXVI Olympiad (Cauldron) - 9,210 - MS67: $1000 1996 Smithsonian - 9,068 - MS67: $1250 1997 Jackie Robinson - 5,174 - MS67: $5,500 1997 Roosevelt - 11,894 - MS67: $1000 1999 Washington - 22,511 - MS67: $475 2001 Visitor Center - 6,761 - MS67: $2000 2002 SLC Olympics - 10,585 - MS67: $550 This shows (hopefully) price trends for modern gold commemoratives relative to their mintages. There are many other factors involved, too...such as "collector base". I imagine there's more desire to own a Jackie Robinson coin than a Capitol Visitor's Center coin...(duh!). It's likely that the sheer variety of FS coins being released in a short period of time will dilute the collector base to a point where most coins will trade for "about bullion" for some time after the series ends. Additionally, folks that want to collect the series are simply running out of money (that's my delemma!) and don't want to keep that much money tied up in an investment that won't pay out for some time; older, more collectible coins are likely the better "percentage" investments. HOWEVER, I suspect that within ten (10) years after the end of the series (around 2025), you will start to see increasing interest in the series and a ramping up of prices...especially for the lowest mintage coins. :D ...making them good "long term" investments...(imho).[/QUOTE]
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