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2018 American Innovation $1 Coin (Intro coin) (18GA, 18GRA, 18GRE, 18GBA, 18GBE) (RP is sold out...)

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  • jmski52jmski52 Posts: 23,224 ✭✭✭✭✭

    I was attempting to collect the Sacagawea series.

    Then the Mint started throwing curveballs with all different finishes and ordering options that included other, unnecessary stuff which required the breakup of sets just to get the RP coin or the Enhanced Unc coin.

    Throw in the edge lettering orientation and you suddenly have a series wherein the motivation simply dies out.

    How many variations in the Innobucks series are there already, and it's barely underway.

    At some point, I'd rather just buy generic bullion and be done with it. Maybe a Large Cent or two, as long as they don't decide to start minting them again - because I'm sure that they'd find a way to muck it up real good as well.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • rip_frip_f Posts: 368 ✭✭✭✭
    edited October 27, 2019 4:00PM

    This series will have appeal to more than just coin collectors. Technologists and history buffs and all of those who buy gifts for technologists and history buffs will find these desirable. Educators as well.

    Those of us maintaining a set of reverse proof coins will obviously need these as well. With 57 of these alone, it may be a stand-alone subset for many collectors.

  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    @rip_f said:
    This series will have appeal to more than just coin collectors. Technologists and history buffs and all of those who buy gifts for technologists and history buffs will find these desirable. Educators as well.

    Those of us maintaining a set of reverse proof coins will obviously need these as well. With 57 of these alone, it may be a stand-alone subset for many collectors.

    Excellent points @rip_f and that is probably where many of the sold out Intro RPF AIs went.

  • OnastoneOnastone Posts: 4,130 ✭✭✭✭✭

    @jmski52 said:

    How many variations in the Innobucks series are there already, and it's barely underway.

    Let's see, Unc P, Unc D, Proof, and RP. Maybe they will throw in a special EU or Burnished now and then.

  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    @Onastone said:

    @jmski52 said:

    How many variations in the Innobucks series are there already, and it's barely underway.

    Let's see, Unc P, Unc D, Proof, and RP. Maybe they will throw in a special EU or Burnished now and then.

    I agreed, but I really hope that it does not happen; or mixing with FRNs.

  • BackroadJunkieBackroadJunkie Posts: 3,745 ✭✭✭✭✭

    @jmski52 said:
    75,000 mintages for each of the upcoming reverse proofs.

    What do you guys think of that?

    I'll offer my opinion up front - continued fragmentation of the coin market, resulting in lower and lower demand overall, nevermind the demographics and trends away from coin usage & paper money.

    Does it seem a little like a Franklin Mint subscription service (only without the precious metal content)?

    These are documented in the 2019 thread...

    2019 American Innovation Dollar Coins (19G*)

    That said, the entry price for these are pretty cheap. I was surprised the 75K for the intro RP went as quickly as they did, and these may have a chance at selling out, considering the Mint decided not to double the mintage. The other thing that may save the RP series is the subscription and loyalty programs. Who wants to have shipping take up 25% of the sales price?

    I'm reserving judgement until I actually see one of the products in hand. If they do a decent enough job on the packaging (i.e. historical, non-PC content) they might do okay. This would be a 15 year commitment, so how well the 2020 and 2021 (once they get back on schedule) will probably tell how well they'll be selling in 2030.

  • djmdjm Posts: 1,565 ✭✭✭✭✭

    @Hemispherical said:
    I am on the fence collecting the full series. Maybe the PF and/or RPF...?

    Collecting the full series depends on your age. The coins are inexpensive, but 228 coins over a 15 years is a bit too much.

  • jmlanzafjmlanzaf Posts: 36,295 ✭✭✭✭✭

    @djm said:

    @Hemispherical said:
    I am on the fence collecting the full series. Maybe the PF and/or RPF...?

    Collecting the full series depends on your age. The coins are inexpensive, but 228 coins over a 15 years is a bit too much.

    A man's reach should always exceed his grasp.

    That said, you could collect the entire series in only one finish, for example. You don't necessarily need all varieties.

  • jmski52jmski52 Posts: 23,224 ✭✭✭✭✭

    the entry price for these are pretty cheap. I was surprised the 75K for the intro RP went as quickly as they did

    This reminds me of the Delaware State Quarter rolls that I stuck away at the beginning of that series. As I watched breathlessly while prices went up...…...then I completely lost interest 10 years later and sold off the pounds and pound of unc rolls that I had assiduously accumulated. Thank goodness for the flat rate boxes.

    A man's reach should always exceed his grasp.

    "Or what's a Heaven for?" - Robert Browning - I wouldn't have recognized that quote except for Mr. Sexton's music class back in 1966 or so. ;)

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.

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