****The Official 2023 Morgan & Peace Dollar Two Coin Reverse Proof Set Thread****
Goldbully
Posts: 17,360 ✭✭✭✭✭
Too soon? I say no.
Item Number: 23XS ......available in the Fall of 2023.
We still don't have a mintage on this set, do we?
The last Silver $1Mint offering was the 2021 ASE Two Coin Set Designer Edition with the Type 1 and Type 2 Reverse in September 2021. There was a mintage limit of 125,000 sets with the HHL at one. The Type 1 was minted in West Point and the Type 2 was minted in San Francisco.
This upcoming 2023 Morgan/Peace $1 set has an undetermined Mintage with a HHL of five sets.
Both coins will be minted in San Francisco.
Do you have a subscription? If so, how many sets?
There are a lot of questions remaining, and I know our forum sleuths will be on top of every detail.
Your early thoughts please.
Love the look of these.....Mint High Res Images.
Comments
Mintage limit 250,000
Thank you.
I’m signed up for 5. But I’ll probably change that to just one before they ship. I’m not a fan of reverse proof in general, but I’m really curious how these will look in person.
Are live photos available of these or the regular 2023 proof pieces?
Signed up for 3. I had changed it to 5 awhile ago, but it reset back to 3. That's fine, it's a pricey little pair.
Approx. $185.00 per subscription.
Probably not. The Mint insists on using artist's renditions even after the coins are struck. I'm not sure they've even been struck yet.
For now I’m stretching and getting 2. We’ll see. The ase’s RP from 21 didn’t do real well. 125,000 mintage. Heck, the Pride of two nations at 110,000 is barely selling for much over release. I know I know. Apples and oranges. Thanks 🙏
🎶 shout shout, let it all out 🎶
At least the above images aren't the Line Art version.
I have 3 sets in subscriptions but I doubt I will keep it at three. I wish they were more reasonably priced. I will get one set for sure.
I have 3 subscriptions for 1/1/ 2 for a total of 4. I plan to set aside an entire set in their sealed boxes. I have try to sell them and i may just put them away for a rainy day too.
USN & USAF retired 1971-1993
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I'm getting the max sub at 5 sets.
That way I should get 2 nice coins out of 10.....
at the limit. should be good demand.
Natural forces of supply and demand are the best regulators on earth.
The obverse of the 2023 Peace Dollar seems to have some subtle design changes. For example, Liberty's mouth seems to be open wider. Might just be my old eyes.... Cheers, RickO
27 search results on eBay for the two coin sets already.
One was for $775/set + $100 shipping......"2023 S 2 Coin Set Morgan & Peace Reverse Proof Nov 14 release Mint SOLD OUT"😂
Wonder where he found the Mint release date or did he just fudge the date?
Most sets are presale listed for well over $300.
eBay Link
Check out your subscription page. It currently list the "next shipment" date as:
Hey, you're right. Was that there a few days ago? I could have sworn it said TBD.
Sorry, but I am not sure when the date originally posted, and if it has been consistently posted.
All I know is that it is posted now, and the release date still 'matches' the one I entered into my calendar earlier this year.
Thanks. Your question prompted me to verify that the date had not changed since the last time I checked.
Let's see what we can see here, RickO.
PCGS TrueView MS66+
Mint image Proof
Mint image Unc.
Mint image Rev Proof
I believe you may have a point. It 'appears' Miss Liberty's mouth is more agape on the reverse proof.
And her bottom lip has been reduced in size.
@Goldbully... Excellent comparative pictures, and shows clearly the change in mouth/lip detail. Thanks for the excellent pictures. Cheers, RickO
I have 5 in my subscription. The reverse-proof is a first year finish, so it should appreciate in value later on.
Maybe. Depends on your idea of appreciate. The 2- coin sets don’t have a history of doing well. Pride of two nations 110,000 mintage. Ase 2021 RP 125,000 mintage and now this. 250,000mintage. We’ll see. I’m getting a couple but realized this years offerings were terminally flawed by too dang many. Mintage is great for collectors but not so much for those who flip. Thanks 🙏
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I agree. It is almost always a mistake to expect any Mint product to appreciate. You need an ultra low mintage manufactured rarity to have a chance. None of this year's offerings fall into that category.
I have my usual subscription of 1 for the reverse proof set. Don't need more than 1 for my collection.
Just changed mine from 5 to 1. I only want one and am not interested in trying to flip the others.
I'm going to take my 5 subscriptions into the Fall and then make the decision whether to reduce the load.
The way I see it, when it gets close to crunch time, it will be a lot easier to subtract subscriptions, then to add them.
I have one of these sets on subscription and it is the only one I am getting of the offerings of these silver dollars.
I will do likewise. However coins like this r good for trading.
I picked up one each of the uncirculated coins and I'm still deciding if I like the coins for the price. I just dropped my proof subscriptions. The reverse proof I just dropped from 3 to 2 and will likely drop to 1 before they ship. I am not into collecting a long series date run of these high premium modern coins. I was more excited when they were a one of and I like my 2021s. The RP should be a nice looking set, but basically I am done with these unless something truly special comes along.
Mint Link
I have 2 RP sets on subscription just like all of the other Morgan/Peace products offered by the mint.
These look especially spectacular in this finish.
"Bongo hurtles along the rain soaked highway of life on underinflated bald retread tires."
~Wayne
These will be flipable. Buy 'em.
Natural forces of supply and demand are the best regulators on earth.
I do not buy a coin from the mint to flip it. I buy just one set for me, no stress, no mess. I have one of these sets on subscription, the only Morgan and Peace dollars I am getting.
My keepers were paid for by flips as is most of my bullion stack. Flipping does not have to be viewed as bad for the hobby. It just means coins travel through more hands.
Natural forces of supply and demand are the best regulators on earth.
Most things are flipable. I’m not seeing much profit from any 2023 silver. People scrambling to get their money back from the uncircs. Recommending a buy is kinda stretching it. We’ll see. We’ll see. I recommend getting what you need and move on.
These sell out quickly. Not this year. Still available? Caution “Will Robinson “. 🤔
🎶 shout shout, let it all out 🎶
these will be profitably flipable. Buy 'em.
Natural forces of supply and demand are the best regulators on earth.
Maybe. We shall see. Again, profitable is relative. How much is the question. Thanks 🙏
🎶 shout shout, let it all out 🎶
enough to buy 'em from the source.
Natural forces of supply and demand are the best regulators on earth.
Buying them is one thing. Selling for a reasonable price is the unknown. Thanks 😊
🎶 shout shout, let it all out 🎶
It's called speculation, something that can offer great reward or great regret.
Natural forces of supply and demand are the best regulators on earth.
One should keep in mind the possibility of regret. I'm glad you got around to "speculation" from your earlier comment that sounded like a guarantee of profitability.
Yep, I'm gonna "speculate" with these. Mint products are a resell gamble and a good challenge for risk assessment. 2008 was a very good year for mint gold. Need another year like that.
Natural forces of supply and demand are the best regulators on earth.
This guy has sold 18 of 20 presale sets PR70 FDOI for $325.
eBay Link
Other eBay presale listings
Not graded.....$300 and up so far.
Thanks, but there is a BIG difference between proof and reverse proof, in terms of mintage and cost, so it's really an irrelevant, apples to oranges comparison.
As far as flipping for profit goes, I really think both @derryb and @Jzyskowski1 are right. Based on subscriptions, price, mintage and unique finish, it's difficult to imagine these things not selling out and holding their value. Similarly, based on mintage and apparent organic demand, it's difficult to imagine these things being a double or triple.
As a result, I don't think anyone is either going to get rich or get hurt loading up on these, but there is also no reason to buy more than you want to hold, unless spinning your wheels to make a few bucks for each $200 invested, with minimal risk, is a good use of your time.
I have a feeling the reverse proofs will surpass the price and popularity of the 2021 issues, probably even the CC. First ever RP, first proofs in over 100 years for either series, and the lower availability.
I could be completely wrong too but believe the RP set will be a home run.
http://www.pcgs.com/SetRegistry/publishedset.aspx?s=142753
https://www.autismforums.com/media/albums/acrylic-colors-by-rocco.291/
Maybe 😸👍🏼
🎶 shout shout, let it all out 🎶
250k you have to keep bringing it up and eventually it will show you the total mintage
you guys haveway too much time on your hands.. her mouth looks as if she has a canker sore on lower lip. you guys make fun of the people who subscribe to these from the first post the guy says they will root out all the details yet i see basically each and everyone of you have subscribed to from 3 to 5 sets. does the word hipocrite mean anything to you guys.