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<p>[QUOTE="jaceravone, post: 549904, member: 9474"]I don't usually disagree with many comments on here, but I have to say I really disagree with this. Is it a made for collector coin - yes - but isn't every coin available on the us mints website a made for collector coin? Low mintage - relatively speaking - yes. But value is determined by two things with this coin - price of gold and demand. We all know how the mint sets their prices for gold and platinum now, but none of these coins have a really big demand, so therefore, none of these coins are priced/valued higher than they would be if purchased from the mint. Saying that the mint knows that people will pay premiums for coins with low mintages so this is why they keep the mintages low doesn't make sense. This coin may have the lowest mintage set by the mint than any coin available and defintely the lowest since the mint set the 10k mintage on the reverse proof AGE, but then why doesn't the mint set lower mintages for other coins? Now I don't know why the mint chose the total mintage that they did. Maybe it was to originally create demand...... maybe it was dictated by law when these coins were authorized....maybe it was a little of both. Personally I wish the US mint would take a look at other mints in the world. Other than bullion coins, most coins maintain a mintage of 100k or less. Heck, our comms don't even come close. The only coin/s that the mint produces that have mintages of less than 100k are the first spouse coins. I don't buy them because of value... although I do hope they go up, but rather, I buy them because I like them. And that is how everyone should be buying coins anyway. More than my two cents worth...[/QUOTE]</p><p><br /></p>
[QUOTE="jaceravone, post: 549904, member: 9474"]I don't usually disagree with many comments on here, but I have to say I really disagree with this. Is it a made for collector coin - yes - but isn't every coin available on the us mints website a made for collector coin? Low mintage - relatively speaking - yes. But value is determined by two things with this coin - price of gold and demand. We all know how the mint sets their prices for gold and platinum now, but none of these coins have a really big demand, so therefore, none of these coins are priced/valued higher than they would be if purchased from the mint. Saying that the mint knows that people will pay premiums for coins with low mintages so this is why they keep the mintages low doesn't make sense. This coin may have the lowest mintage set by the mint than any coin available and defintely the lowest since the mint set the 10k mintage on the reverse proof AGE, but then why doesn't the mint set lower mintages for other coins? Now I don't know why the mint chose the total mintage that they did. Maybe it was to originally create demand...... maybe it was dictated by law when these coins were authorized....maybe it was a little of both. Personally I wish the US mint would take a look at other mints in the world. Other than bullion coins, most coins maintain a mintage of 100k or less. Heck, our comms don't even come close. The only coin/s that the mint produces that have mintages of less than 100k are the first spouse coins. I don't buy them because of value... although I do hope they go up, but rather, I buy them because I like them. And that is how everyone should be buying coins anyway. More than my two cents worth...[/QUOTE]
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