Best Of

These products have officially bombed:

"In the latest update, the gold coin fell by 221 to 5,925, the 2.5-ounce silver medal rose by 163 to 11,927, and the 1-ounce silver medal dropped by 14,229 to 15,999."

@NJCoin said:

For sure. What's even more surprising, at least to me, is the lack of interest in 25K 2.5 ounce silver medals.

Superman is a classic, still popular superhero, and the design is attractive. So the lack of interest in this one indicates the entire program is going to be a bust. It didn't attract the youngsters the Mint was hoping for, while the old timers predictably had no interest in seeing the US Mint become the Perth Mint, or the Franklin Mint.

Too bad, so sad. Now at least they see there is a limit to what people will pay. And it apparently is something less than a $2,000 per ounce premium to a $3,400 spot metal price for something with a 10K mintage. Good for all of us to know. Too bad it was discovered on DC Comics' dime.

Excellent summation of the Mint's Comic Art Coin & Medal Program.

Like many here on the forum, I had high hopes for the program.

Only the U.S. Mint could take a great concept and crush it in a very short period of time.

edited to add: 1793 remaining

@Rc5280: “correct” sort of. Decision was reached some weeks ago by the thread participants to indicate MS or PR in front of the grade #. As this one’s a pretty obvious MS, you’re up!

@redraider said:
Had a 1873 Doubled liberty go from NGC MS63BN to PCGS AU58+, then reconsidered back into an MS63BN holder. That was a wild ride!

I'm curious. How much did you spend in grading fees and two round trips to the grading services including insured postage?

Really encouraging to see all the positive health posts.

Oh my.....41mm OCTAGONS.

Order placed....

Volumetrics and design.

The law says 1 troy ounce and 40.6mm in diameter. Those two dimensions dictate the average thickness.

https://www.congress.gov/99/statute/STATUTE-99/STATUTE-99-Pg113.pdf

@MilesWaits said:
From CNBC:
U.S. gold futures surged to a record on Friday after a report that Washington has imposed tariffs on imports of 1-kg bullion bars, widening the spread between New York futures and spot prices.

December U.S. gold futures were up 0.7% to $3,476.70, after hitting a record $3,534.10. Spot gold was down 0.3% at $3,386.63 per ounce. Bullion is on track for a second straight weekly gain, up 0.7% so far this week.

The futures-spot spread widened to more than $100 after the Financial Times reported that the United States had imposed tariffs on imports of 1-kg gold bars, citing a July 31 Customs and Border Protection letter.

The letter said 1-kg and 100-ounce gold bars should be classified under a customs code subject to higher duties.

“Given the volatility of U.S. trade-related decision-making, it is difficult to make longer-term predictions, but assuming a scenario in which tariffs remain in place ... one would expect spot prices to be affected and to rise, narrowing the spread relative to the futures,” said Ricardo Evangelista, senior analyst at ActivTrades.

Switzerland is the world’s largest gold refining hub and the major exporter to the United States

It's coincidental. The chart was ready to pop already.