What do you think of recent super low mintage U.S. Mint issues?

Sorry, this isn't an MoF dime set thread, but it's kind of related.

I personally believe they will be the keys for all of the current coin series, by the time the mint finishes. And, I do say finishes because many of the currents series are scheduled to end or are long past time to, and the mint would shoot itself in the foot (not highly unlikely) if it undermined the current low mintage keys it sold to us. The mint could continue its profits by selling keys to the new series.

What do you think? Ok, you can post even if you don’t agree.

 

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Well, now I have to start a new dime collection. I recently bought a new Dansco page for my Roosy's and it lacks a slot for the reverse proof as well as the 'w' proof coins. Hind site states that I should have bought a blank page.

 

When I saw the title, I thought this was going to be a thread about First Spouse gold. My answer was going to be "I don't think about them much at all any more."

 

I like the way your post brought up two issues. First, there are no holes for these issue, so it may hinder demand. Second, with today's communication age, collectors don't just fill holes at home with little contact with the outside world, they will know about these coins.

 

Concentrate! You have to stay focused and see it to the end. I stuck with the bu gold commems for 20 years and more then quadrupled my investment. Those first spouses could go to the moon with a little increased demand. Of course, the risk with them is that gold plummets before demand increases.

 

And 75,000 isn't super low, mintage wise, with something that doesn't circulate. Dare we hope for an new influx of collectors of Roosy's? Heck, the 2001 Buffalo buck is still sky high because of demand and look at the production numbers on that one. Could there be such a demand with these? Probably not, but I am a bit hopeful.

 

Roosy collectors will grow, how much I don't know. I don't see any one under 60 collecting Merc sets and I see many kids collecting Roosies.

75k isn't super low? It's ony 15% of the Buffalo mintage.

 

I love your enthusiasm statequarterguy, but I'm just not sure.

 

That's b/c gold have had gone up in the past 20 yrs not b/c of rarity or demand. I purchased 10 MOD sets b/c I've never purchased any coins from the mint in the past. IMO, never to buy any coins that was made yesterday.

 

Hey Ken,

I want the price to go higher on the 2001 Buffalos

 

Look at 1990s uncirculated gold commems, especially the Jackie Robinson $5. They are worth more than the gold content due to low mintages.

 

@McBlzr

Keep rubbing it in John.......

 

Gee, that's a relief! I was beginning to think that only people who agreed with you would be "qualified" to post.

I don't agree with you!

Chris

 

Mintage is supply. To me, it is all about demand. A coin could have a very low mintage, but if nobody wants it, who cares? These modern day rarities are interesting, and only time will tell if they will maintain or increase in value.

 

Chris? You don't agree with anyone........

 

Well, I'll say that I buy the 1994 and 1997 Matte Proof Jefferson Nickels whenever possible. If I achieve my goal of hoarding every single one of them...the price just has to go up, right? haha...

 

Right.

 

Yeah I think so too.

 

That's quite a herd you got there!