@Martin said: @treybenedict
I don’t see much aftermarket with 3k+ price tag. I think they will sell quite a few. Probably more than long term demand. I’m on the fence about one but the price above spot has me not that excited
Martin
Down the line I could see it becoming around the 2023 HR level. Which has also drastically increased in price despite high spot.
It is a possibility.
I need to get more informed on this roll out. I like the idea of the coin in gold.
I know that the medal is a new engraving, but it replicates the design of the original silver dollar, apart from the edge lettering.
Could it be that the privy mark was meant to distinguish the medal from the original dollar? Sort of meant to avoid accusations of counterfeiting their own designs?
@291fifth said:
I see an overpriced poor seller. If they wanted sales they should have made it a one dollar NCLT coin.
The issue is needing Congressional approval. They just don't do that anymore, other than for the commemoratives. They have authority to issue gold coins, so they do. And to issue silver medals. So they do.
Reduced sales are an issue with every silver medal they release. This is what Congress wanted, and what it has. They could have given the Mint the authority to issue silver coins without Congressional approval, as with gold coins.
Congress chose to withhold that authorization. Reduced sales are the result. They apparently do not care.
I was prepared to wait for Hell to freeze over and spending a long time on the ice until you mentioned Congress being involved! Credit Cormac McCarthy for part of that quote.
That's unfortunate, I was mildly optimistic about this product until they ruined it with that ghastly privvy mark. Leave it to the government to be their own worst enemy!
For the naysayers - this could just be a "special" limited offering
"mixed in" with the bulk (minted "without" the privy mark) to get
numismatists excited about quantity purchases and searches
for the "rarity" privy issue. A lot better than a hand-signed COA,
which of course could be another feature to raise coin spirits
to ecstatic numismatic heights !
@sfs2002usa said:
For the naysayers - this could just be a "special" limited offering
"mixed in" with the bulk (minted "without" the privy mark) to get
numismatists excited about quantity purchases and searches
for the "rarity" privy issue. A lot better than a hand-signed COA,
which of course could be another feature to raise coin spirits
to ecstatic numismatic heights !
Total wishful thinking. Seeding an issue with a few certificates is one thing. It would be a very expensive undertaking to actually do that with coins. Err, medals.
They've never done it, and there is no reporting that they are doing it now. Just not happening. You can call me a naysayer, and the privy mark actually does not bother me at all, but it's not happening.
What I would like to know, however, is the mintage. I heard a rumor that it would be 75K, which might make the one ounce of silver at $104 interesting, but I have not seen that confirmed anywhere, including the Mint's website. Which is a little puzzling, given that this has been in the works for a year and is being released in less than a month.
OTOH, the 2023 American Liberty silver medal had a mintage of 75K, was issued at $82, and is still available for $97, so who knows?
@Onastone said:
T-shirts are almost ready. Sign up early for yours!!!
I want this shirt! But, can I get the privy in gold?
Sure, but it'll cost $4,000. Lots of government overhead that must be covered in order to change the color of the ink. 🤣 The good news is that there will only be 10K of them!
@Onastone said:
T-shirts are almost ready. Sign up early for yours!!!
I want this shirt! But, can I get the privy in gold?
Sure, but it'll cost $4,000. Lots of government overhead that must be covered in order to change the color of the ink. 🤣 The good news is that there will only be 10K of them!
That’s not bad! I will order one in gold as long as the shirt is signed by Ventris Gibson. I will never wash it!
Comments
It is a possibility.
I need to get more informed on this roll out. I like the idea of the coin in gold.
Martin
THE PHOTOS HAVE BEEN UPDATED WITH A "230" PRIVY MARK
Ruins the design which is actually nice.
I was all in for one until the privy mark - now not so much.
Yikes, I was considering one until the privy mark
That mark is repulsive. What a terrible idea. Oh well, not a coin anyways, so: PASS.
Having fun while switching things up and focusing on a next level PCGS slabbed 1950+ type set, while still looking for great examples for the 7070.
I know that the medal is a new engraving, but it replicates the design of the original silver dollar, apart from the edge lettering.
Could it be that the privy mark was meant to distinguish the medal from the original dollar? Sort of meant to avoid accusations of counterfeiting their own designs?
@Casabrown who’s idea was that?
Thanks
Martin
Privy mark ruins it.
Ugh...why was that needed?
In honor of the memory of Cpl. Michael E. Thompson
There is an alternative in 2 oz and sub $75
Any read if the gold will be uncirculated or proof?
The gold will be proof.
The info on the Reverse Proof Morgans now contains photos. Price is set at $215 !
https://catalog.usmint.gov/morgan-peace-dollar-2024-two-coin-reverse-proof-set-24XS.html?cgid=2024-product-schedule
I was prepared to wait for Hell to freeze over and spending a long time on the ice until you mentioned Congress being involved! Credit Cormac McCarthy for part of that quote.
Can you provide the source stating it will be gold?
That's unfortunate, I was mildly optimistic about this product until they ruined it with that ghastly privvy mark. Leave it to the government to be their own worst enemy!
Founder- Peak Rarities
Website
Instagram
Facebook
Source: https://www.usmint.gov/learn/coin-and-medal-programs/230th-anniversary-flowing-hair
Appreciate it!
Thank you @MetroD my phone is challenged at it's best.
I’m considering getting one. I’d love the gold coin, but not at what the Mint will be charging. I just wish the silver were a coin instead of a medal.
For the naysayers - this could just be a "special" limited offering
"mixed in" with the bulk (minted "without" the privy mark) to get
numismatists excited about quantity purchases and searches
for the "rarity" privy issue. A lot better than a hand-signed COA,
which of course could be another feature to raise coin spirits
to ecstatic numismatic heights !
Total wishful thinking. Seeding an issue with a few certificates is one thing. It would be a very expensive undertaking to actually do that with coins. Err, medals.
They've never done it, and there is no reporting that they are doing it now. Just not happening. You can call me a naysayer, and the privy mark actually does not bother me at all, but it's not happening.
What I would like to know, however, is the mintage. I heard a rumor that it would be 75K, which might make the one ounce of silver at $104 interesting, but I have not seen that confirmed anywhere, including the Mint's website. Which is a little puzzling, given that this has been in the works for a year and is being released in less than a month.
OTOH, the 2023 American Liberty silver medal had a mintage of 75K, was issued at $82, and is still available for $97, so who knows?
T-shirts are almost ready. Sign up early for yours!!!
I want this shirt! But, can I get the privy in gold?
Sure, but it'll cost $4,000. Lots of government overhead that must be covered in order to change the color of the ink. 🤣 The good news is that there will only be 10K of them!
That’s not bad! I will order one in gold as long as the shirt is signed by Ventris Gibson. I will never wash it!