U.S Mint still out of control (another basketball commem thread)

Discussion in 'US Coins Forum' started by LakeEffect, Mar 3, 2020.

  1. LakeEffect

    LakeEffect Average Circulated Supporter

    Coin World is reporting the latest on the upcoming basketball commemorative series:

    2020 W proof $5 gold
    2020 W unc $5 gold
    2020 P proof $1 silver
    2020 P proof $1 silver (colorized; mintage 75,000)
    2020 P unc $1 silver
    2020 S proof 50c clad
    2020 S proof 50c clad (colorized; mintage: 75,000)
    2020 S unc 50c clad
    2020 S enh unc 50c clad (kids set; mintage: 75,000)

    authorized mintages:

    gold 50,000
    silver 400,000
    clad 750,000

    I get that sales are declining, the customer base is aging, and they're doing whatever they can to juice sales - but I'm an old fart so I can mock them for issuing 9 different coins in a single commemorative series (none of which I will be buying).
    erscolo likes this.
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  3. baseball21

    baseball21 Well-Known Member

    I don't have a problem with their different issues, I actually like it. That said the mintages are WAY to high on the special ones especially considering the poor design of the basketball commem overall
    Etcherman likes this.
  4. Islander80-83

    Islander80-83 Well-Known Member

    Why do I think of the USPS and stamps when I think of the US Mint?
    Etcherman, markr, medjoy and 2 others like this.
  5. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    My opinion?
    Gold - 200,000 PF; 200,000 UNC
    Silver - 900,000 PF; 900,000 UNC
    Clad - 1,200,000 PF; 1,200,000 UNC

    ~ Chris
  6. baseball21

    baseball21 Well-Known Member

    They'd never get anywhere near those limits. I don't think a clad half has ever sold out and the silver very rarely sells out and the gold basically never sells out with the current mintages. The baseball halfs are the last one I remember selling out in any style and that was 6 years ago.

    Those mintages obviously aren't going to change but 75k for the special issue when really it's 150k for the clad half is just way to much. The special ones should have been like 20k for each product for the clad and maybe 50k max for the dollar, more realistically like 35k for the silver dollar. Something like that would have generated some buzz which they're obviously intended to do.
  7. Mjs1447

    Mjs1447 aficionado

    You can count this old fart out as well - this seems like a great spot to wrap up my modern unc comm collection.
  8. Lawtoad

    Lawtoad Well-Known Member

    The U.S. Mint may be producing more "collector" coins, but it has a long way to get to the runaway proportions of the Royal Canadian Mint.
    markr likes this.
  9. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    I know my mintages are too high. I just want to give the flippers something to think about when the line is so short at the coin show.;););)
    -jeffB likes this.
  10. Collecting Nut

    Collecting Nut Borderline Hoarder

    Nothing I'm interested in.
    Islander80-83 likes this.
  11. Oldhoopster

    Oldhoopster Member of the ANA since 1982

    I’m slightly biased towards the coin, but I think I’ll wait a few months after issue and buy them on the secondary market. One for me and one for the kid (in the avatar picture). He is the only one of my kids that even expressed a very slight interest in coins when he was younger, but not enough to stick with it. Maybe this will light the fire.
    Old World Coins likes this.
  12. ldhair

    ldhair Clean Supporter

    Watch them put a famous player on the coin.
  13. Santinidollar

    Santinidollar Supporter! Supporter

    The Mint can take their offensive design for this coin and put it in the vault where the sun doesn’t shine.
  14. bradgator2

    bradgator2 Well-Known Member

    Or a small hidden number... like 24? Either way, I'm still not buying it.
  15. Chiefbullsit

    Chiefbullsit CRAZY HORSE

    Set Registry info:

    MS or PR69 Coins = 2 points
    MS or PR70 Coins = 3 points
    gronnh20 likes this.
  16. gronnh20

    gronnh20 Well-Known Member

    What if the colorized one is Niobium? A bimetallic coin. They won't let anyone take pictures of the coins until the unveiling.
  17. baseball21

    baseball21 Well-Known Member

    Bimetallic would certainly be an interesting twist
  18. LakeEffect

    LakeEffect Average Circulated Supporter

    Probably not Nb. From the article...

    Two attendees at the Feb. 25 first-strike ceremony at the Philadelphia Mint indicated to Coin World that the basketball on the reverse of the colorized Proof silver dollar is pebbled and is a brownish orange in color. The basketball rim is also reportedly colorized as well.

    For the Basketball coins’ colorization, the coins are struck at a designated Mint production facility and will be shipped to an outside vendor to complete the process. This is the first program in which the U.S. Mint is transporting struck but unfinished U.S. coins outside a Mint facility for additional processing.

  19. gronnh20

    gronnh20 Well-Known Member

    As much as the mint charges for these clad halves, the least they could do is skip the enamel. Cheap, just cheap.
  20. gronnh20

    gronnh20 Well-Known Member

    I read the article also. That is why I mentioned about the niobium. Not my picture, but, I do have one of these coins. The Austrian Mint can do it, surely the U.S. Mint can too.

    niobium time.jpg
    baseball21 likes this.
  21. baseball21

    baseball21 Well-Known Member

    Agreed. I still think the mintage is to high but something well done like that I’d probably get one
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