Wow for a minute I thought you weee talking about the WW2 ASE which is still listed as. Item Number: 20XF
Mintage Limit: 75,000
Product Limit: 75,000
Household Order Limit: 1
100% positive transactions with SurfinxHI, bigole, 1madman, collectorcoins, proofmorgan, Luke Marshall, silver pop, golden egg, point five zero,coin22lover, alohagary, blaircountycoin,joebb21
@Mgarmy said:
Wow for a minute I thought you weee talking about the WW2 ASE which is still listed as. Item Number: 20XF
Mintage Limit: 75,000
Product Limit: 75,000
Household Order Limit: 1
Oops sorry. The medal not the ASE
Collector 75 Positive BST transactions buying and selling with 45 members and counting! instagram.com/klnumismatics
@MorganMan94 said:
Can't wait to start seeing dealer buy prices in the next few weeks for all four.
I'm sure there will be numerous threads started discussing this topic.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
@Raufus said:
It will be entertaining to see what the dealers will be offering to those who commit to try to buy coins for them.
I think the offers will come for the gold. Not as much for the silver.
Agreed.
What do u guys guess the gold will bring on feebay right after sell out? I coukd see $6k easy
def this a near-double is totally w/in the realm of possibility, but the pf70's are gonna be bonkers - maybe 15k wouldn't be a surprise for one of those
considering the very low mintage of this one and historical significance, the gold should sell for $10,000+ on the after market for those lucky enough to get one. I'm definitely trying. No use trying for more than one. SHould sell out in seconds.
I wouldn't mind ending my Dansco with one of the silvers. But the sales are always during work hours and I work for a living. So unless they are still available after 5pm (LMAO), I'm out.
@shorecoll said:
What's the over/under on the sellout...1 min gold/10 min silver?
I'm guessing 20 seconds on gold, silver maybe a couple hrs to a couple days, or even longer; don't see the silver selling out immediately, esp w the crush to the mint servers from the gold rush
What are the thoughts on this Medal and Coin. Silver is just a medal but gold is listed as a coin with $25 value. Will that make any difference or will it just be bullion like many of the other non-series type gold "coins"?
@Batman23 said:
What are the thoughts on this Medal and Coin. Silver is just a medal but gold is listed as a coin with $25 value. Will that make any difference or will it just be bullion like many of the other non-series type gold "coins"?
My two cents: the gold coin has a mintage limit of 7500. In terms of supply, a number of gold commemoratives never sold 7500 in the last ten years. So there is likely to be ample supply for everyone who wants one. So whether value goes up will really depend on demand. I don’t have a good sense of that, but in my opinion demand will only be normal. In short, probably not a coin to flip and who knows in the long term.
Obviously the gold 20XE is the prize here. With the silver at 75,000 do you see much demand? I will pick one up for the pile but I think I will try gold first and then hit the silver. Looks like the current thought is that we have minutes to grab a silver one. I would just hate to miss both. I remember the frustration of trying and not getting the 30,000 mintage dollar last year and that one went very quick!
What do you think is the magic number for supply vs. demand? 30k is a bloodbath. 75k has interest. 150k has plenty for everyone at any time?
Yet I see that this month out came the 20EM proof eagle with 200k mintage and no HH limit and it is currently unavailable?
@Batman23 said:
What are the thoughts on this Medal and Coin. Silver is just a medal but gold is listed as a coin with $25 value. Will that make any difference or will it just be bullion like many of the other non-series type gold "coins"?
My two cents: the gold coin has a mintage limit of 7500. In terms of supply, a number of gold commemoratives never sold 7500 in the last ten years. So there is likely to be ample supply for everyone who wants one. So whether value goes up will really depend on demand. I don’t have a good sense of that, but in my opinion demand will only be normal. In short, probably not a coin to flip and who knows in the long term.
100% positive transactions with SurfinxHI, bigole, 1madman, collectorcoins, proofmorgan, Luke Marshall, silver pop, golden egg, point five zero,coin22lover, alohagary, blaircountycoin,joebb21
The flip artists may think the gold will be a 10k coin; or even crazy thoughts of 15k—I suspect they will settle in the 5k range
Not enough people interested at > 5000 dollars
Sorry guys it’s a pipe dream
Not saying not to pick it up —-but those with rose colored glasses calling for 10K-15k prices on sellout will be unhappy to find that they won’t be able to sell anywhere near those prices.
I can see a short term bump on raw coins to 5-7k MAYBE......
I think 8K+ is a virtual slam dunk on the secondary market. I can certainly see 10K with a mintage as low as 1,945 pieces.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
Initial prices will be driven by flippers flipping to each other. Once the music stops, bag holders will have to drop prices if they don't want to be stuck with these. 5k seems high to me. Do people really collect gold eagles as a series vs bullion?
Well we have 2 forum members on BST already offering +$150 over cost for the Silver and $1500-$2000 over cost for the Gold version so these 2 think they will be valuable!🤣😂
I am still wondering just who the end buyers at 15k will be? Except for the contrived rarity, this has near zero going for it. That said, it is still a bit of a lottery win if you get one. How many even think of the 2019 ERCP Eagle?
Love that Milled British (1830-1960) Well, just Love coins, period.
I dunno yall - the worlds a big place and there are rising monster millionaire-making economies [china] where there are tons of people who like collecting rare, foreign coins - not hard for me to see how this could command considerably more than 5k, and well over 8, 9 or 10 for top pop
The ERP in 2019 was selling for stupid money and in 70 is still over 2g and in 69 1g. So still I very high premium
100% positive transactions with SurfinxHI, bigole, 1madman, collectorcoins, proofmorgan, Luke Marshall, silver pop, golden egg, point five zero,coin22lover, alohagary, blaircountycoin,joebb21
Initial prices will be driven by flippers flipping to each other. Once the music stops, bag holders will have to drop prices if they don't want to be stuck with these. 5k seems high to me. Do people really collect gold eagles as a series vs bullion?
I do, though primarily as a way to stack bullion obtaining as many different dates while paying little or nothing over bullion prices. I believe your 5K figure is pretty much correct. I doubt I would go quite that high, though myself. I believe more people collect the fractionals, though. Five or six different one ounce versions-including Buffs is a pretty good bite every year of collecting funds!
@Pedzola said:
Initial prices will be driven by flippers flipping to each other. Once the music stops, bag holders will have to drop prices if they don't want to be stuck with these. 5k seems high to me. Do people really collect gold eagles as a series vs bullion?
I tend to agree this V75 is over hyped for a major +300% profit flip for all 1,945 sold. A few die-hard collectors I know will probably pay 5-6k for a graded PR70, but not many will do that for raw or mint sealed. It is just too much money with gold under $1,900 and with the virus and election creating major economic uncertainty.
There are only about 25 people listed in the Registry that have more than half of the $50 gold eagle proofs. Veteran and military memorabilia collectors will add to that number for sure, but not very many addicted gold eagle registry types ever try to collect them all. These are not Nike sneakers, pogs, beanie babies, or Pokémon's, that are cheap to start, and usually all of these things tend to drop in value over time. The 2020 palladium also had a lot of flip hype.
Astronomers and historians will look back on the nanosecond sell out of this issue and admire the tenacity of a few proud forum members that are able to score.
That aren’t Bots.
You guys talk like you have a chance. Big boys with their bots have this whole thing tied up with a nice pretty bow. Your computer will freeze and by the time you figure out what the hell to do they’re gone.
Comments
Wow for a minute I thought you weee talking about the WW2 ASE which is still listed as. Item Number: 20XF
Mintage Limit: 75,000
Product Limit: 75,000
Household Order Limit: 1
100% positive transactions with SurfinxHI, bigole, 1madman, collectorcoins, proofmorgan, Luke Marshall, silver pop, golden egg, point five zero,coin22lover, alohagary, blaircountycoin,joebb21
Oops sorry. The medal not the ASE
Collector
75 Positive BST transactions buying and selling with 45 members and counting!
instagram.com/klnumismatics
I'll settle for the silver medal if I can't grab one of the 11/5 issued ones.
I'm in for the Silver...
POST NUBILA PHOEBUS / AFTER CLOUDS, SUN
Love for Music / Collector of Dreck
Can't wait to start seeing dealer buy prices in the next few weeks for all four.
I'm sure there will be numerous threads started discussing this topic.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Just saw my first bid posted for these, +800
This year doesn't seem to have the enthusiasm of prior years...
def this a near-double is totally w/in the realm of possibility, but the pf70's are gonna be bonkers - maybe 15k wouldn't be a surprise for one of those
I think it’ll pickup within the week of release and the days (or months) after.
Collector
75 Positive BST transactions buying and selling with 45 members and counting!
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When will price be announced for American gold 1oz 75th Anniv Eagle?
I would think the day before or day of release.
With the current gold price between 1,900-1950 the price of the gold will be $2,600
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considering the very low mintage of this one and historical significance, the gold should sell for $10,000+ on the after market for those lucky enough to get one. I'm definitely trying. No use trying for more than one. SHould sell out in seconds.
The gold will be interesting - probably 5000 people putting it in their cart in the first second, then racing to the checkout.
November 4, 2020 at approximately 2PM ET...
Not much of a way to observe the end of the Second World War: Mint some more gold and silver eagles and put a glorified dent on them.
Yep. That pretty well sums it up. But we all know the flippers will be going ape crazy on it.
Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc
On 11/9/20, the mint is also releasing two more products that commemorate the end of WWII.
1) gold coin (20XG)
Link: https://catalog.usmint.gov/end-of-world-war-ii-75th-anniversary-24-karat-gold-coin-20XG.html?cgid=2020-product-schedule
2) silver medal (20XH)
Link: https://catalog.usmint.gov/end-of-world-war-ii-75th-anniversary-silver-medal-20XH.html?cgid=2020-product-schedule
And can't wait to see the new inflated prices....
As I type, spot gold is ~ $1,887 per oz.
Assuming that this is the "average price per ounce", the 1/2 oz. gold coin (20XG) would cost $1,310.
$ Premium (vs. spot): $1,310 - (.5)($1,887) = $366.50
% Increase (vs. spot): [($1,310-(.5)($1,887))/((.5)($1,887))]*100% = 38.84%
Reference: column = "End of World War II 75th Anniversary 24K Gold Coin" @ https://catalog.usmint.gov/on/demandware.static/-/Sites-usm-site-catalog-us/default/dwb6488dac/images/PDFs/2020-Pricing-Grid-v3.pdf
I wouldn't mind ending my Dansco with one of the silvers. But the sales are always during work hours and I work for a living. So unless they are still available after 5pm (LMAO), I'm out.
My Original Song Written to my late wife-"Plus other original music by me"
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Who is buying?????? Not from the mint but from the lucky lottery winners?
The mint finally posted the inflated price of the silver eagle at $83 and the medal at $75
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75 Positive BST transactions buying and selling with 45 members and counting!
instagram.com/klnumismatics
What's the over/under on the sellout...1 min gold/10 min silver?
I'm guessing 20 seconds on gold, silver maybe a couple hrs to a couple days, or even longer; don't see the silver selling out immediately, esp w the crush to the mint servers from the gold rush
Probably. Unless the site crashes then it’ll take longer.
Collector
75 Positive BST transactions buying and selling with 45 members and counting!
instagram.com/klnumismatics
What are the thoughts on this Medal and Coin. Silver is just a medal but gold is listed as a coin with $25 value. Will that make any difference or will it just be bullion like many of the other non-series type gold "coins"?
My two cents: the gold coin has a mintage limit of 7500. In terms of supply, a number of gold commemoratives never sold 7500 in the last ten years. So there is likely to be ample supply for everyone who wants one. So whether value goes up will really depend on demand. I don’t have a good sense of that, but in my opinion demand will only be normal. In short, probably not a coin to flip and who knows in the long term.
Obviously the gold 20XE is the prize here. With the silver at 75,000 do you see much demand? I will pick one up for the pile but I think I will try gold first and then hit the silver. Looks like the current thought is that we have minutes to grab a silver one. I would just hate to miss both. I remember the frustration of trying and not getting the 30,000 mintage dollar last year and that one went very quick!
What do you think is the magic number for supply vs. demand? 30k is a bloodbath. 75k has interest. 150k has plenty for everyone at any time?
Yet I see that this month out came the 20EM proof eagle with 200k mintage and no HH limit and it is currently unavailable?
Pretty much in line with what I was thinking.
Looks like these are already on pre-sale on eBay, with quite a healthy mark-up:
And a few sold listings:
The tools I usually use to find actual best offer sold price don't seem to be working. But this is what I see for now.
He who knows he has enough is rich.
The silver ones are on there for near a grand
100% positive transactions with SurfinxHI, bigole, 1madman, collectorcoins, proofmorgan, Luke Marshall, silver pop, golden egg, point five zero,coin22lover, alohagary, blaircountycoin,joebb21
Silvers with 75k available will be a 150 dollar coin
The flip artists may think the gold will be a 10k coin; or even crazy thoughts of 15k—I suspect they will settle in the 5k range
Not enough people interested at > 5000 dollars
Sorry guys it’s a pipe dream
This isn’t 2006 my friends—-the money just isn’t out there ....like it was then
you know where there's a ton of money? the future!
i've never understood the quick flip, but you can't argue that this will be a valuable one to hold onto and pass down
amazing to me in a forum of people largely discussing coins over a hundred yrs old that the naysayers saying it's not one to pick up 😂
Not saying not to pick it up —-but those with rose colored glasses calling for 10K-15k prices on sellout will be unhappy to find that they won’t be able to sell anywhere near those prices.
I can see a short term bump on raw coins to 5-7k MAYBE......
The market gets thinner and thinner as the prices eclipse 5k and even more so as 10k is eclipsed
I think 8K+ is a virtual slam dunk on the secondary market. I can certainly see 10K with a mintage as low as 1,945 pieces.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
Initial prices will be driven by flippers flipping to each other. Once the music stops, bag holders will have to drop prices if they don't want to be stuck with these. 5k seems high to me. Do people really collect gold eagles as a series vs bullion?
Instagram
Well we have 2 forum members on BST already offering +$150 over cost for the Silver and $1500-$2000 over cost for the Gold version so these 2 think they will be valuable!🤣😂
I am still wondering just who the end buyers at 15k will be? Except for the contrived rarity, this has near zero going for it. That said, it is still a bit of a lottery win if you get one. How many even think of the 2019 ERCP Eagle?
Well, just Love coins, period.
I dunno yall - the worlds a big place and there are rising monster millionaire-making economies [china] where there are tons of people who like collecting rare, foreign coins - not hard for me to see how this could command considerably more than 5k, and well over 8, 9 or 10 for top pop
The ERP in 2019 was selling for stupid money and in 70 is still over 2g and in 69 1g. So still I very high premium
100% positive transactions with SurfinxHI, bigole, 1madman, collectorcoins, proofmorgan, Luke Marshall, silver pop, golden egg, point five zero,coin22lover, alohagary, blaircountycoin,joebb21
I agree with your statement. For> @Pedzola said:
I do, though primarily as a way to stack bullion obtaining as many different dates while paying little or nothing over bullion prices. I believe your 5K figure is pretty much correct. I doubt I would go quite that high, though myself. I believe more people collect the fractionals, though. Five or six different one ounce versions-including Buffs is a pretty good bite every year of collecting funds!
I tend to agree this V75 is over hyped for a major +300% profit flip for all 1,945 sold. A few die-hard collectors I know
will probably pay 5-6k for a graded PR70, but not many will do that for raw or mint sealed. It is just too much money with gold under $1,900 and with the virus and election creating major economic uncertainty.
There are only about 25 people listed in the Registry that have more than half of the $50 gold eagle proofs. Veteran and military memorabilia collectors will add to that number for sure, but not very many addicted gold eagle registry types ever try to collect them all. These are not Nike sneakers, pogs, beanie babies, or Pokémon's, that are cheap to start, and usually all of these things tend to drop in value over time. The 2020 palladium also had a lot of flip hype.
My US Mint Commemorative Medal Set
Astronomers and historians will look back on the nanosecond sell out of this issue and admire the tenacity of a few proud forum members that are able to score.
That aren’t Bots.
It's cute that people aren't even offering 2x on the gold - talk about trying to win the lottery twice.
You guys talk like you have a chance. Big boys with their bots have this whole thing tied up with a nice pretty bow. Your computer will freeze and by the time you figure out what the hell to do they’re gone.
So in 2028, will we get a V75 gold eagle (with new reverse) and a new rare 1,953 mintage Korean War coin? Seems like a good idea.
But I think in 2021 Congress will approve something, or the Mint will devise some new instant rarity scheme to outdo even this one.
I am thinking only 1,921 minted for the 100th Anniversary of the Peace dollar for example, with and without 100 yr privy on them.
My US Mint Commemorative Medal Set