Best Of

@jmlanzaf said:

@HalfDime said:
The coins were profitable after fees when they originally came up, but now due to the rise in gold prices it has squeezed the margins by half at current issue price. This is the future for mint gold releases going forward, and they will have to strike half of what they thought they could sell earlier in the year.

I doubt the mint does that, it will have to be forced on them by consumers, and this is what has already been happening with other products. They have canceled the S proof silver eagle as a result of lower sales.

ats 987 shows many are not buying this this time around as they were earlier.

If gold hits $5k an ounce, the mint can shut down collector 1 ounce gold sales, as $6k a coin is a hard pill to swallow for buyers.

That's not uncommon for most mint issues. Initial speculation creates artificial rarity. Once they are in final consumer hands, the prices drop. I now fully expect these to be bullion coins in a year or two.

Have 2019, 2021 and 2023 become bullion coins?

I received this "shiny, thick" large postcard in today's mail. While those of us on this forum won't be fooled, do you agree some people, perhaps novices and others, may think this "business" is our host, PCGS?

Steve

@Morgan White said:

Looks like one of my cheat sheets back in the day.

Great coin! You just can't beat that original skin on old gold. I much prefer a nicely toned russet bronze over an unnaturally shiny MS coin.

Killer FE! That's a WOW coin, for sure!!

Congrat's!

SPAM

Praying for your recovery.