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230th Anniversary Flowing Hair High Relief Gold Coin (24YG)

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Comments

  • LiquidatedLiquidated Posts: 309 ✭✭✭✭

    @Raufus said:
    While it's 5 minutes of my life that I'll never get back, based on quick google search info:

    Based on a Musk new worth of $318B (OMG!), a 50K value of each of the 230 priveys, the average net worth of American household ($1,063,700 - had no idea it was that high) all 230 priveys would be worth $11,500,000 which, relative to Elon's net worth would be the same as $38 to relative to the average American's net worth.

    This is why he shrugs off $44B purchase of Twitter now estimated to be worth $600M

  • MitchellMitchell Posts: 552 ✭✭✭✭

    I'm gunning for last shipped. Just checked at 19:14 PST and my order is still stuck at "Processing"

    I even called the Mint's customer service and they said that not to worry, my order will get filled.... eventually.
    I'll check with PCGS and see if I can get a "last filled" label. :D

    Successful BST: dmwjr, ike126, bajjerfan, morganman94, sonoradesertrat, 12voltman, duiguy, gsaguy, gsa1fan, martin, coinfame, zas107, bothuwui, gerard, kccoin, jtwitten, robcool, coinscoins, mountain_goat, and a few more.
  • ProofCollectionProofCollection Posts: 6,259 ✭✭✭✭✭

    Mine ordered the first morning just shipped but the USPS does not have it yet.

  • I didn't expect selected shipping speed to affect queue order this much. Order placed this past Sunday was delivered Tuesday using next day.

  • LiquidatedLiquidated Posts: 309 ✭✭✭✭
    edited November 21, 2024 8:13PM

    For those of you received already who all is keeping in original packaging vs slabbing?

    Im on the fence and leaning to keep original although all my stuff is now certified. What I felt was dust is actually on the coin. Most what I own is earlier and not over MS64. Not even sure where line is drawn on 70 vs 69.

    The two spots in field are not dust. Would these spots prevent 70 at PCGS?

    Regardless thrilled to own this.

  • TomBTomB Posts: 21,342 ✭✭✭✭✭

    Keeping mine raw.

    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
  • @Baycity said:

    Product limit reduced to 10,000

    sneaky mfer

  • @patem said:

    @Baycity said:
    ...
    Product limit reduced to 10,000

    sneaky mfer

    Seems kinda lame. They knew this entire time that they'd only minted a bit more than half of the allotment but let the public think otherwise. Doesn't the Mint work for the People? If so, why are they jerking ppl around? :/

  • @goldenpanda711 said:

    @joepabike said:

    @patem said:

    @Baycity said:
    ...
    Product limit reduced to 10,000

    sneaky mfer

    Seems kinda lame. They knew this entire time that they'd only minted a bit more than half of the allotment but let the public think otherwise. Doesn't the Mint work for the People? If so, why are they jerking ppl around? :/

    i believe they minted the 17500, but only allocated 10k for the single coin sale. many are speculating theres gonna be a silver medal flowing hair + gold coin flowing hair SET for sale in the foreseeable future

    That's cool, but why all the mystery and misdirection from the Mint in the lead-up to (& during) both the silver medal and the FH gold coin going on sale? They obviously know how many they've produced but they let the public think it's a different quantity. The FH silver medal was my first direct purchase from the Mint and I didn't intend to buy the gold (but could've).

    As an inexperienced Mint purchaser, this disposes me to resentment, distrust and hostility toward USMint.

  • GoldbullyGoldbully Posts: 17,462 ✭✭✭✭✭

    @Liquidated said:
    For those of you received already who all is keeping in original packaging vs slabbing?

    Im on the fence and leaning to keep original although all my stuff is now certified. What I felt was dust is actually on the coin. Most what I own is earlier and not over MS64. Not even sure where line is drawn on 70 vs 69.

    The two spots in field are not dust. Would these spots prevent 70 at PCGS?

    Regardless thrilled to own this.


    Probably planchet flaws. I have one on mine, which may be bigger than yours. There have been mixed comments on whether those spots detract from a 70.

  • jmlanzafjmlanzaf Posts: 34,595 ✭✭✭✭✭

    @joepabike said:

    @goldenpanda711 said:

    @joepabike said:

    @patem said:

    @Baycity said:
    ...
    Product limit reduced to 10,000

    sneaky mfer

    Seems kinda lame. They knew this entire time that they'd only minted a bit more than half of the allotment but let the public think otherwise. Doesn't the Mint work for the People? If so, why are they jerking ppl around? :/

    i believe they minted the 17500, but only allocated 10k for the single coin sale. many are speculating theres gonna be a silver medal flowing hair + gold coin flowing hair SET for sale in the foreseeable future

    That's cool, but why all the mystery and misdirection from the Mint in the lead-up to (& during) both the silver medal and the FH gold coin going on sale? They obviously know how many they've produced but they let the public think it's a different quantity. The FH silver medal was my first direct purchase from the Mint and I didn't intend to buy the gold (but could've).

    As an inexperienced Mint purchaser, this disposes me to resentment, distrust and hostility toward USMint.

    Why? Fewer should be better for you and worse for them.

  • LiquidatedLiquidated Posts: 309 ✭✭✭✭
    edited November 22, 2024 3:53AM

    I never could get the numbers to add up to 17,500 based on the order sequence in order period plus Baltimore. Appreciate those of you which provided order numbers. Was beginning to question if I was crazy and starting to sound like the NJ guy that was all over the silver comments.

  • jmlanzafjmlanzaf Posts: 34,595 ✭✭✭✭✭

    @Liquidated said:
    I never could get the numbers to add up to 17,500 based on the order sequence in order period plus Baltimore. Appreciate those of you which provided order numbers. Was really beginning to think I was crazy and starting to sound like the NJ guy that was all over the silver comments.

    He's oddly disappeared

  • LiquidatedLiquidated Posts: 309 ✭✭✭✭

    2026 will see essentially the 2016 relaunch of gold Mercury, SLQ, and WLH plus potentially the 2009 gold UHR 2.0. Unsure if proof or Unc. What will be new is a gold Bust Draped Dollar.

    The Flowing Hair issue should provide a good case study for when the product rolls out. There will be a bombardment of products come and it will be heavily marketed and some areas possibly very limited.

  • LiquidatedLiquidated Posts: 309 ✭✭✭✭

    @Goldbully said:

    @Liquidated said:
    For those of you received already who all is keeping in original packaging vs slabbing?

    Im on the fence and leaning to keep original although all my stuff is now certified. What I felt was dust is actually on the coin. Most what I own is earlier and not over MS64. Not even sure where line is drawn on 70 vs 69.

    The two spots in field are not dust. Would these spots prevent 70 at PCGS?

    Regardless thrilled to own this.


    Probably planchet flaws. I have one on mine, which may be bigger than yours. There have been mixed comments on whether those spots detract from a 70.

    Never occurred to me could be planchet flaws. Hard to see with a loop depending on angle but it sure grabs light and can be seen easily with the naked eye. Appreciate the insight!

  • coinercoiner Posts: 676 ✭✭✭✭

    Definitely BOTS running. No way it flips and gets any units checked out that fast.

  • treybenedicttreybenedict Posts: 428 ✭✭✭✭

    Only 2 today. Our journey might be coming to a close soon.

  • coinercoiner Posts: 676 ✭✭✭✭

    @patem said:

    @Baycity said:

    Product limit reduced to 10,000

    sneaky mfer

    Makes so much sense. However, to be fair, I thought they did not produce 17,500 - but just around 10,000.

    Now the question is what do they have in store for the other 7,500.

    A boxed set of 2 - Gold and Silver - isnt very impressive.

  • JimTylerJimTyler Posts: 3,435 ✭✭✭✭✭

    They are in maximum profit mind set. After they see the results of the auction maybe they’ll auction all 7,500 remaining.

  • NJCoinNJCoin Posts: 2,457 ✭✭✭✭✭
    edited November 22, 2024 7:54AM

    @jmlanzaf said:

    @Liquidated said:
    I never could get the numbers to add up to 17,500 based on the order sequence in order period plus Baltimore. Appreciate those of you which provided order numbers. Was really beginning to think I was crazy and starting to sound like the NJ guy that was all over the silver comments.

    He's oddly disappeared

    I'm traveling this week, so am not available 24/7 to comment, but I'm alive and well. Whatever they are doing, it IS more than a little nuts that they are not being transparent about it.

    But, at least this time, there is no element of dealers benefiting in a lottery at the expense of retail customers.

  • GoldminersGoldminers Posts: 4,098 ✭✭✭✭✭

    .> @Liquidated said:

    @Goldbully said:

    @Liquidated said:
    For those of you received already who all is keeping in original packaging vs slabbing?

    Im on the fence and leaning to keep original although all my stuff is now certified. What I felt was dust is actually on the coin. Most what I own is earlier and not over MS64. Not even sure where line is drawn on 70 vs 69.

    The two spots in field are not dust. Would these spots prevent 70 at PCGS?

    Regardless thrilled to own this.


    Probably planchet flaws. I have one on mine, which may be bigger than yours. There have been mixed comments on whether those spots detract from a 70.

    Never occurred to me could be planchet flaws. Hard to see with a loop depending on angle but it sure grabs light and can be seen easily with the naked eye. Appreciate the insight!

    Every time I have tried for a 70 and noticed even one tiny flaw like these, it comes back 69. That is why in most cases I buy 70's already graded. The only FH I received from the mint also had a similar tiny flaw in the field, so I did not send it in.

    However, I have also seen 70's slabbed with tiny flaws, so it is really up to the graders. Do you feel lucky?

  • VanHalenVanHalen Posts: 4,031 ✭✭✭✭✭

    Whoever suggested the two coins set earlier looks like they may be correct. With another 7500 to come available it's hard telling where they might go. :-)

  • jmlanzafjmlanzaf Posts: 34,595 ✭✭✭✭✭

    @NJCoin said:

    @jmlanzaf said:

    @Liquidated said:
    I never could get the numbers to add up to 17,500 based on the order sequence in order period plus Baltimore. Appreciate those of you which provided order numbers. Was really beginning to think I was crazy and starting to sound like the NJ guy that was all over the silver comments.

    He's oddly disappeared

    I'm traveling this week, so am not available 24/7 to comment, but I'm alive and well. Whatever they are doing, it IS more than a little nuts that they are not being transparent about it.

    But, at least this time, there is no element of dealers benefiting in a loft at the expense of retail customers.

    Have a good trip. @emeraldATV always does

  • jwittenjwitten Posts: 5,200 ✭✭✭✭✭

    I think I guessed two coin set pretty early. So the question is, does that hurt current values much?

  • VanHalenVanHalen Posts: 4,031 ✭✭✭✭✭

    @jwitten said:
    I think I guessed two coin set pretty early. So the question is, does that hurt current values much?

    Shouldn't hurt the current values at all and might help a bit. Keep your eye out for the 2025 Product Schedule. :)

  • JerseyBJerseyB Posts: 118 ✭✭✭

    @Liquidated said:

    @Liquidated said:

    I will stand by my statement that there will not be a two coin set. If 67,500 silver medals were sold leaving room for 7,500 to match up that would be different.

    I think the mint decided to go with the lower 50,000 and 10,000 limits after evaluating sales of 2024 Gold proof Buffalo and American Eagle plus the look back on prior medals. They underestimated demand not recognizing collectors would appreciate the design more than prior and ongoing products. This even pulled me out of the woodwork. Flowing Hair is an iconic design of the US coinage and new vs watered down designs that no longer excite people.

    I agree with this. They're running out of time to be dropping new products on the schedule. If 10k holds these will continue to do well in the future IMO.

  • GoldbullyGoldbully Posts: 17,462 ✭✭✭✭✭

    I'm surprised PCGS hasn't determined a First Strike cutoff date.

    I'm sure it will be on or about December 14th.


  • @Liquidated said:
    2026 will see essentially the 2016 relaunch of gold Mercury, SLQ, and WLH plus potentially the 2009 gold UHR 2.0. Unsure if proof or Unc. What will be new is a gold Bust Draped Dollar.

    The Flowing Hair issue should provide a good case study for when the product rolls out. There will be a bombardment of products come and it will be heavily marketed and some areas possibly very limited.

    Director Gibson was on a podcast yesterday and she said that it will be an uncirculated finish for the 2026 best of series. I'm kind of bummed about that since I was hoping for proofs.

  • LiquidatedLiquidated Posts: 309 ✭✭✭✭
    edited November 22, 2024 5:55AM

    @Julian137 said:

    @Liquidated said:
    2026 will see essentially the 2016 relaunch of gold Mercury, SLQ, and WLH plus potentially the 2009 gold UHR 2.0. Unsure if proof or Unc. What will be new is a gold Bust Draped Dollar.

    The Flowing Hair issue should provide a good case study for when the product rolls out. There will be a bombardment of products come and it will be heavily marketed and some areas possibly very limited.

    Director Gibson was on a podcast yesterday and she said that it will be an uncirculated finish for the 2026 best of series. I'm kind of bummed about that since I was hoping for proofs.

    Ouch. Appreciate the data point. So this will be 2.0 for the 2016 centennial series and likely 2.0 for 2009 Ultra High Relief. I was hoping for a 2026 Gold Proof Draped Bust. Would have been nice companion to the 2024 FH. Mint does make changes. Hopefully something changes although I feel concentration will be on lower cost to produce products.

  • VanHalenVanHalen Posts: 4,031 ✭✭✭✭✭
    edited November 22, 2024 5:52AM

    @Liquidated said:

    @Liquidated said:
    I cant imagine any new product. Do not see the need of an incentive to move silver or gold versions. The mint could have sold 75,000 silver medals. My instinct is what has been minted is it and it was more of either a supply issue or underestimated demand. I don't imagine anywhere near 17,270 non privy were minted. Next week should have better idea of order totals. Feel the mint has all eyes on watching the 230 Privy auction for December and ready to call it a year.

    I will stand by my statement that there will not be a two coin set. If 67,500 silver medals were sold leaving room for 7,500 to match up that would be different.

    I think the mint decided to go with the lower 50,000 and 10,000 limits after evaluating sales of 2024 Gold proof Buffalo and American Eagle plus the look back on prior medals. They underestimated demand not recognizing collectors would appreciate the design more than prior and ongoing products. This even pulled me out of the woodwork. Flowing Hair is an iconic design of the US coinage and new vs watered down designs that no longer excite people.

    17,500 of the gold have been struck with 7,500 awaiting sale.

    P.S. But the mint might decide to melt them since demand was so high!

  • LiquidatedLiquidated Posts: 309 ✭✭✭✭

    @VanHalen said:

    @Liquidated said:

    @Liquidated said:
    I cant imagine any new product. Do not see the need of an incentive to move silver or gold versions. The mint could have sold 75,000 silver medals. My instinct is what has been minted is it and it was more of either a supply issue or underestimated demand. I don't imagine anywhere near 17,270 non privy were minted. Next week should have better idea of order totals. Feel the mint has all eyes on watching the 230 Privy auction for December and ready to call it a year.

    I will stand by my statement that there will not be a two coin set. If 67,500 silver medals were sold leaving room for 7,500 to match up that would be different.

    I think the mint decided to go with the lower 50,000 and 10,000 limits after evaluating sales of 2024 Gold proof Buffalo and American Eagle plus the look back on prior medals. They underestimated demand not recognizing collectors would appreciate the design more than prior and ongoing products. This even pulled me out of the woodwork. Flowing Hair is an iconic design of the US coinage and new vs watered down designs that no longer excite people.

    17,500 of the gold have been struck with 7,500 awaiting sale.

    P.S. But the mint might decide to melt them since demand was so high!

    Good luck!

  • SweetpieSweetpie Posts: 484 ✭✭✭✭

    @VanHalen said:

    Shouldn't hurt the current values at all and might help a bit. Keep your eye out for the 2025 Product Schedule. :)

    When was the last time the Mint sold a "new" product showcasing a previous year coinage?

    Is this a commemorative coin ? So does it follows the $5 commemorative gold coin in end of year sales cut off too?

    But then the Mint is not being logical with these 2 FH releases.

  • VanHalenVanHalen Posts: 4,031 ✭✭✭✭✭

    @Sweetpie said:

    @VanHalen said:

    Shouldn't hurt the current values at all and might help a bit. Keep your eye out for the 2025 Product Schedule. :)

    When was the last time the Mint sold a "new" product showcasing a previous year coinage?

    Is this a commemorative coin ? So does it follows the $5 commemorative gold coin in end of year sales cut off too?

    But then the Mint is not being logical with these 2 FH releases.

    I'm speaking off the cuff. Of course I have no idea what will happen but me & NJCoin like to speculate. :)

  • GoldbullyGoldbully Posts: 17,462 ✭✭✭✭✭

    @Sweetpie said:

    Is this a commemorative coin ? So does it follows the $5 commemorative gold coin in end of year sales cut off too?

    But then the Mint is not being logical with these 2 FH releases.


  • TwoSides2aCoinTwoSides2aCoin Posts: 44,365 ✭✭✭✭✭

    Ordered in the first 3 minutes. It is still processing. Am thinking they’re trying to find me the one with missing edge lettering. :open_mouth:

  • jmlanzafjmlanzaf Posts: 34,595 ✭✭✭✭✭

    @Sweetpie said:

    @VanHalen said:

    Shouldn't hurt the current values at all and might help a bit. Keep your eye out for the 2025 Product Schedule. :)

    When was the last time the Mint sold a "new" product showcasing a previous year coinage?

    Is this a commemorative coin ? So does it follows the $5 commemorative gold coin in end of year sales cut off too?

    But then the Mint is not being logical with these 2 FH releases.

    Never.

    They don't cut off sales at the end of the year. They only cut off production.

  • jmlanzafjmlanzaf Posts: 34,595 ✭✭✭✭✭

    @VanHalen said:

    @Sweetpie said:

    @VanHalen said:

    Shouldn't hurt the current values at all and might help a bit. Keep your eye out for the 2025 Product Schedule. :)

    When was the last time the Mint sold a "new" product showcasing a previous year coinage?

    Is this a commemorative coin ? So does it follows the $5 commemorative gold coin in end of year sales cut off too?

    But then the Mint is not being logical with these 2 FH releases.

    I'm speaking off the cuff. Of course I have no idea what will happen but me & NJCoin like to speculate. :)

    Now that you've made that particular bed... good luck getting any sleep...

  • VanHalenVanHalen Posts: 4,031 ✭✭✭✭✭

    @jmlanzaf said:

    @VanHalen said:

    @Sweetpie said:

    @VanHalen said:

    Shouldn't hurt the current values at all and might help a bit. Keep your eye out for the 2025 Product Schedule. :)

    When was the last time the Mint sold a "new" product showcasing a previous year coinage?

    Is this a commemorative coin ? So does it follows the $5 commemorative gold coin in end of year sales cut off too?

    But then the Mint is not being logical with these 2 FH releases.

    I'm speaking off the cuff. Of course I have no idea what will happen but me & NJCoin like to speculate. :)

    Now that you've made that particular bed... good luck getting any sleep...

    You're on board too! It's all in fun.

  • NJCoinNJCoin Posts: 2,457 ✭✭✭✭✭

    @VanHalen said:

    @Sweetpie said:

    @VanHalen said:

    Shouldn't hurt the current values at all and might help a bit. Keep your eye out for the 2025 Product Schedule. :)

    When was the last time the Mint sold a "new" product showcasing a previous year coinage?

    Is this a commemorative coin ? So does it follows the $5 commemorative gold coin in end of year sales cut off too?

    But then the Mint is not being logical with these 2 FH releases.

    I'm speaking off the cuff. Of course I have no idea what will happen but me & NJCoin like to speculate. :)

    Yup. None of it makes any sense at this point.

    Doing a short run of the silvers to give dealers a win with the lottery and to support secondary market values makes some sense, although they could have been upfront and honest and gotten to the exact same place.

    Telling Coin World they made 17,500 when they didn't makes zero sense. Holding back product for an unannounced offering also makes zero sense.

    Yet one of those two possibilities is precisely what now lies ahead for us.

  • Baylor8670Baylor8670 Posts: 94 ✭✭✭

    If the Mint plans to offer a two coin/medal set, I assume they'll hold off announcing that until after the privy auction to avoid cannibalizing sales.

  • coinercoiner Posts: 676 ✭✭✭✭

    I think they are done. 10,000 produced period. Over on the silver medal thread an email is posted from USM in response to customer inquiry - saying they capped production of silver at 50,000 units.
    No there wont be a two coin set, and no I think the 10,000 golds out there is it.

  • coinercoiner Posts: 676 ✭✭✭✭

    I've heard the same thing from my sources about silver production at 50,000 units.

    This all makes sense now - short runs on both.

  • coinercoiner Posts: 676 ✭✭✭✭

    Id be extremely surprised if they are holding 7,500 gold back for later.

  • jwittenjwitten Posts: 5,200 ✭✭✭✭✭
    edited November 22, 2024 11:09AM

    If this is the final mintage amount, do you think it will do better or worse than the horse high relief? I think this design is nicer and a lower mintage, and the horses are trading over 7,000 currently.

  • NJCoinNJCoin Posts: 2,457 ✭✭✭✭✭

    @Baylor8670 said:
    If the Mint plans to offer a two coin/medal set, I assume they'll hold off announcing that until after the privy auction to avoid cannibalizing sales.

    How? Knowledge that there was going to be a privy auction certainly did not cannibalize sales of his gold coin.

    The market for 7500 sets is very different from the market for 230 privys. Neither would cannibalize the other.

  • LiquidatedLiquidated Posts: 309 ✭✭✭✭

    @coiner said:
    Id be extremely surprised if they are holding 7,500 gold back for later.

    100%.

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