@coiner said:
69's will sell in the range of 7-9k.
Surely you're joking? It's all speculation at this point, and way above my pay-grade, but based on current market conditions anything under $10k would be a steal for the buyer.
Not a steal. They will definitely LOSE money in the long run.
Look at an ENORMOUSLY POPULAR series of coins like thr American Gold Eagle Proofs. SO SO SO many more collectors and an ONGOING series.
2020-W V75 GOLD - Raw goes for $12k or so. In 69 - probably about the same or a little less. In 70 - somewhere in the $20k-$23k range. 1945 coins.
As someone said here 1945 coins in a popular series trumps 230 coins in a one time commemorative offering.
Sorry guys - bids above $15k for these things in 70 is a LOSING PROPOSITION. I wouldnt pay more than $7k for 69 (I wouldnt even be in the market for a 69 anyway)
Which is fine. You are going to learn in two weeks that these were never meant for you.
"Someone said here 1945 coins in a popular series trumps 230 coins in a one time commemorative offering." And "someone" is going to be saying on December 12th that it appears that they were wrong.
Or making an excuse regarding who was bidding and why, and claiming they will never hold their value. I can't wait to see what YOU have to say. You aren't going to be close here, and it's kind of amazing that you can't see it yet.
This might be a "one time commemorative offering," but you are acting like it's a Harriet Tubman coin, as opposed to what it is. A gold tribute to the nation's first dollar coin that the Mint sold 10K units of in 4 minutes.
This is the 230 unit special edition. 1794 silver privy medals sell for over $3K. In silver. As a medal. Without a signed numbered COA. Without a corresponding coin number on a slab. You have absolutely no idea what you are talking about here. $7-9K. 🤣🤣🤣
@coiner said:
69's will sell in the range of 7-9k.
Surely you're joking? It's all speculation at this point, and way above my pay-grade, but based on current market conditions anything under $10k would be a steal for the buyer.
Not a steal. They will definitely LOSE money in the long run.
Look at an ENORMOUSLY POPULAR series of coins like thr American Gold Eagle Proofs. SO SO SO many more collectors and an ONGOING series.
2020-W V75 GOLD - Raw goes for $12k or so. In 69 - probably about the same or a little less. In 70 - somewhere in the $20k-$23k range. 1945 coins.
As someone said here 1945 coins in a popular series trumps 230 coins in a one time commemorative offering.
Sorry guys - bids above $15k for these things in 70 is a LOSING PROPOSITION. I wouldnt pay more than $7k for 69 (I wouldnt even be in the market for a 69 anyway)
Which is fine. You are going to learn in two weeks that these were never meant for you.
"Someone said here 1945 coins in a popular series trumps 230 coins in a one time commemorative offering." And "someone" is going to be saying on December 12th that it appears that they were wrong.
Or making an excuse regarding who was bidding and why, and claiming they will never hold their value. I can't wait to see what YOU have to say. You aren't going to be close here, and it's kind of amazing that you can't see it yet.
This might be a "one time commemorative offering," but you are acting like it's a Harriet Tubman coin, as opposed to what it is. A gold tribute to the nation's first dollar coin that the Mint sold 10K units of in 4 minutes.
This is the 230 unit special edition. 1794 silver privy medals sell for over $3K. In silver. As a medal. Without a signed numbered COA. Without a corresponding coin number on a slab. You have absolutely no idea what you are talking about here. $7-9K. 🤣🤣🤣
I bet that @coiner and everyone else paying attention to this thread already know your opinion of these coins. You’ve posted more than 30 times between Friday and now - and that’s just to this one thread on the topic.
What’s the point in continuing to repeat yourself? If you answer, please only do so once.😉
I'm sure you are correct, but @coiner also has more than his fair share of posts on the topic. Including 8 posts on this one page (#25) to my 12 posts, not counting this one.
I'll pick and choose when I respond, but reserve the right to do so each and every time someone posts. They are not always going to get the last word, and I'm not the only one saying the same thing over and over. Any special reason you seem to be focusing on me?
You’ve made it very clear you’ll see to it that “They are not always going to get the last word..” - maybe that they’ll virtually never get it.
Your posts caught my attention due to their combination of repetitiveness and length.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
@coiner said:
69's will sell in the range of 7-9k.
Surely you're joking? It's all speculation at this point, and way above my pay-grade, but based on current market conditions anything under $10k would be a steal for the buyer.
Not a steal. They will definitely LOSE money in the long run.
Look at an ENORMOUSLY POPULAR series of coins like thr American Gold Eagle Proofs. SO SO SO many more collectors and an ONGOING series.
2020-W V75 GOLD - Raw goes for $12k or so. In 69 - probably about the same or a little less. In 70 - somewhere in the $20k-$23k range. 1945 coins.
As someone said here 1945 coins in a popular series trumps 230 coins in a one time commemorative offering.
Sorry guys - bids above $15k for these things in 70 is a LOSING PROPOSITION. I wouldnt pay more than $7k for 69 (I wouldnt even be in the market for a 69 anyway)
Which is fine. You are going to learn in two weeks that these were never meant for you.
"Someone said here 1945 coins in a popular series trumps 230 coins in a one time commemorative offering." And "someone" is going to be saying on December 12th that it appears that they were wrong.
Or making an excuse regarding who was bidding and why, and claiming they will never hold their value. I can't wait to see what YOU have to say. You aren't going to be close here, and it's kind of amazing that you can't see it yet.
This might be a "one time commemorative offering," but you are acting like it's a Harriet Tubman coin, as opposed to what it is. A gold tribute to the nation's first dollar coin that the Mint sold 10K units of in 4 minutes.
This is the 230 unit special edition. 1794 silver privy medals sell for over $3K. In silver. As a medal. Without a signed numbered COA. Without a corresponding coin number on a slab. You have absolutely no idea what you are talking about here. $7-9K. 🤣🤣🤣
@coiner said:
69's will sell in the range of 7-9k.
Surely you're joking? It's all speculation at this point, and way above my pay-grade, but based on current market conditions anything under $10k would be a steal for the buyer.
Not a steal. They will definitely LOSE money in the long run.
Look at an ENORMOUSLY POPULAR series of coins like thr American Gold Eagle Proofs. SO SO SO many more collectors and an ONGOING series.
2020-W V75 GOLD - Raw goes for $12k or so. In 69 - probably about the same or a little less. In 70 - somewhere in the $20k-$23k range. 1945 coins.
As someone said here 1945 coins in a popular series trumps 230 coins in a one time commemorative offering.
Sorry guys - bids above $15k for these things in 70 is a LOSING PROPOSITION. I wouldnt pay more than $7k for 69 (I wouldnt even be in the market for a 69 anyway)
Which is fine. You are going to learn in two weeks that these were never meant for you.
"Someone said here 1945 coins in a popular series trumps 230 coins in a one time commemorative offering." And "someone" is going to be saying on December 12th that it appears that they were wrong.
Or making an excuse regarding who was bidding and why, and claiming they will never hold their value. I can't wait to see what YOU have to say. You aren't going to be close here, and it's kind of amazing that you can't see it yet.
This might be a "one time commemorative offering," but you are acting like it's a Harriet Tubman coin, as opposed to what it is. A gold tribute to the nation's first dollar coin that the Mint sold 10K units of in 4 minutes.
This is the 230 unit special edition. 1794 silver privy medals sell for over $3K. In silver. As a medal. Without a signed numbered COA. Without a corresponding coin number on a slab. You have absolutely no idea what you are talking about here. $7-9K. 🤣🤣🤣
I bet that @coiner and everyone else paying attention to this thread already know your opinion of these coins. You’ve posted more than 30 times between Friday and now - and that’s just to this one thread on the topic.
What’s the point in continuing to repeat yourself? If you answer, please only do so once.😉
I'm sure you are correct, but @coiner also has more than his fair share of posts on the topic. Including 8 posts on this one page (#25) to my 12 posts, not counting this one.
I'll pick and choose when I respond, but reserve the right to do so each and every time someone posts. They are not always going to get the last word, and I'm not the only one saying the same thing over and over. Any special reason you seem to be focusing on me?
You’ve made it very clear you’ll see to it that “They are not always going to get the last word..” - maybe that they’ll virtually never get it.
Your posts caught my attention due to their combination of repetitiveness and length.
19.3% of non-privy First Strike FH Gold are PR69DCAM......of course this is a very early statistic.
It will be another week to two weeks before meaningful numbers will have been graded.
19.6% of privy FH Gold are PR69DCAM
@Goldbully said:
PCGS Pop Report as of December 1, 2024.....
Of note,
19.3% of non-privy First Strike FH Gold are PR69DCAM......of course this is a very early statistic.
It will be another week to two weeks before meaningful numbers will have been graded.
19.6% of privy FH Gold are PR69DCAM
@HalfDime said:
NJcoin you are going to grow a long beard before this idea of these holding value is actually settled. It may be a few years.
Actually, I'll probably be long gone. But that's not really the point, since no one really knows what's going to happen 5, 10, 20+ years from now, and I am in no way trying to speculate on that.
I've been talking about where these are going to be on December 12th, and in the weeks after that. Beyond that, whatever will be will be. My point was simply that after the naysayers are proven wrong on the 12th, I won't be shocked if they then move on to talking about long term value.
What are the odds that the ungraded coin goes higher in value (within the next year or so) than it is right now? Looking at ebay sold prices around $4,500 which means there is basically no point in reselling. Just debating keeping the coin or not since it's a pretty big investment.
@comma said:
What are the odds that the ungraded coin goes higher in value (within the next year or so) than it is right now? Looking at ebay sold prices around $4,500 which means there is basically no point in reselling. Just debating keeping the coin or not since it's a pretty big investment.
Not good. The general trend in Mint products is down as they gradually end up in collector hands and there are fewer people looking for them.
@comma said:
What are the odds that the ungraded coin goes higher in value (within the next year or so) than it is right now? Looking at ebay sold prices around $4,500 which means there is basically no point in reselling. Just debating keeping the coin or not since it's a pretty big investment.
Keep it if you like it and want to have it as part of your collection. Not as an "investment," given that they are already going for ~$2,000+ above spot, and given that an additional 7,500 are very highly likely to hit the market in the future as part of another Mint offering.
The mint has a problem because they have 25,000 silver medals and only 7,500 gold coins left for other products. They could have done a 7,500 two piece set, but it is too late. They may later do a 7,500 gold set with another gold release, but that would be at over 7,000 dollars to buy (I thought MW said all the gold flowing coins were already struck, so they have to be sold in another product). The next similar product they will release will likely have high mintages due to the success of this one. This is the mint MO, just as they did with the peace and morgan dollars. But they are probably happy with the prices for privy, so that comes back as well.
@comma said:
What are the odds that the ungraded coin goes higher in value (within the next year or so) than it is right now? Looking at ebay sold prices around $4,500 which means there is basically no point in reselling. Just debating keeping the coin or not since it's a pretty big investment.
Keep it if you like it and want to have it as part of your collection. Not as an "investment," given that they are already going for ~$2,000+ above spot, and given that an additional 7,500 are very highly likely to hit the market in the future as part of another Mint offering.
Coins like this would be an investment for me. I honestly might just return it. It's just too expensive to justify if it doesn't have any real future value
@comma said:
What are the odds that the ungraded coin goes higher in value (within the next year or so) than it is right now? Looking at ebay sold prices around $4,500 which means there is basically no point in reselling. Just debating keeping the coin or not since it's a pretty big investment.
Keep it if you like it and want to have it as part of your collection. Not as an "investment," given that they are already going for ~$2,000+ above spot, and given that an additional 7,500 are very highly likely to hit the market in the future as part of another Mint offering.
Coins like this would be an investment for me. I honestly might just return it. It's just too expensive to justify if it doesn't have any real future value
If you're not sure about keeping it, you could sell it on Pure today, with a 3% fee, and pocket ~$430. No risk of getting scammed (eBay) or the coin getting lost in the mail (USPS Priority return label to the Mint).
EDIT: I have no connection to the company but have had a positive experience selling to them. I figure if you're on the fence you might as well choose the profitable option.
@comma said:
What are the odds that the ungraded coin goes higher in value (within the next year or so) than it is right now? Looking at ebay sold prices around $4,500 which means there is basically no point in reselling. Just debating keeping the coin or not since it's a pretty big investment.
Keep it if you like it and want to have it as part of your collection. Not as an "investment," given that they are already going for ~$2,000+ above spot, and given that an additional 7,500 are very highly likely to hit the market in the future as part of another Mint offering.
Coins like this would be an investment for me. I honestly might just return it. It's just too expensive to justify if it doesn't have any real future value
Take any info written here for what it's worth which is zero. Nobody knows what the future holds with these coins. They may double in price, they may be worth spot in years to come. In my 20+ years on these Boards I have seen dozens and dozens of know it all's come and go. Post count has NO correlation to knowledge or expertise! Go with your gut and as many wise people have said dozens of times..........coins are poor investments in many cases.
@comma said:
What are the odds that the ungraded coin goes higher in value (within the next year or so) than it is right now? Looking at ebay sold prices around $4,500 which means there is basically no point in reselling. Just debating keeping the coin or not since it's a pretty big investment.
Keep it if you like it and want to have it as part of your collection. Not as an "investment," given that they are already going for ~$2,000+ above spot, and given that an additional 7,500 are very highly likely to hit the market in the future as part of another Mint offering.
Coins like this would be an investment for me. I honestly might just return it. It's just too expensive to justify if it doesn't have any real future value
Yup. It's not about not having "any real future value." It's more like that value is highly speculative.
Since you already made around 30% in less than a month, that's a nice win on $3600. If it's a lot for you to just to add to your collection, sell it now and don't think twice about it, whether or not it does well in the future. Because you did very well today.
@HalfDime said:
The mint has a problem because they have 25,000 silver medals and only 7,500 gold coins left for other products. They could have done a 7,500 two piece set, but it is too late. They may later do a 7,500 gold set with another gold release, but that would be at over 7,000 dollars to buy (I thought MW said all the gold flowing coins were already struck, so they have to be sold in another product). The next similar product they will release will likely have high mintages due to the success of this one. This is the mint MO, just as they did with the peace and morgan dollars. But they are probably happy with the prices for privy, so that comes back as well.
Agreed. But I don't think they have a "problem." Other than with being transparent with us.
No reason they couldn't have told us what they were doing up front, since they clearly had it planned from the minute they chose to only make 50K medals, and only seed that many with privys. The fact that they went to the trouble to make the additional 7.5K gold coins, and announce it via Coin World in unambiguous terms (notwithstanding the ability of some here to find ambiguity in any statement at all), means they definitely have plans for a future release of the unreleased maximum mintages.
Which is not necessarily a problem. Other than for people paying premiums on the secondary market on the assumption more will never be released.
Everyone here so far is looking for a pairing of silver with gold, in which case 25K clearly =/= 7.5K. I happen to think they will pair the silver with future silver releases, and the gold with future gold, in 25K and 7.5K sets.
We'll all know whether I am on to something when the next medal and coin in this series is released. If Product Limits are 25K and 7.5K lower than Mintage Limits, either at release or shortly thereafter, we'll have our answer. If not, not.
@HalfDime said:
The mint has a problem because they have 25,000 silver medals and only 7,500 gold coins left for other products. They could have done a 7,500 two piece set, but it is too late. They may later do a 7,500 gold set with another gold release, but that would be at over 7,000 dollars to buy (I thought MW said all the gold flowing coins were already struck, so they have to be sold in another product). The next similar product they will release will likely have high mintages due to the success of this one. This is the mint MO, just as they did with the peace and morgan dollars. But they are probably happy with the prices for privy, so that comes back as well.
I fail to see the problem. They don't have to put 25,000 silver medals with 7500 gold coins. They could do 500 sets of 2, if they wanted, or pick your favorite number.
@comma said:
What are the odds that the ungraded coin goes higher in value (within the next year or so) than it is right now? Looking at ebay sold prices around $4,500 which means there is basically no point in reselling. Just debating keeping the coin or not since it's a pretty big investment.
Keep it if you like it and want to have it as part of your collection. Not as an "investment," given that they are already going for ~$2,000+ above spot, and given that an additional 7,500 are very highly likely to hit the market in the future as part of another Mint offering.
Coins like this would be an investment for me. I honestly might just return it. It's just too expensive to justify if it doesn't have any real future value
Take any info written here for what it's worth which is zero. Nobody knows what the future holds with these coins. They may double in price, they may be worth spot in years to come. In my 20+ years on these Boards I have seen dozens and dozens of know it all's come and go. Post count has NO correlation to knowledge or expertise! Go with your gut and as many wise people have said dozens of times..........coins are poor investments in many cases.
Odd. You criticized the opinion givers and then offered an opinion that agreed with those same "know it alls".
To @comma, you answered your own question. Even if it might double in value in the next 20 years, you are uncomfortable with the risk at that price. Sell it and sleep at night.
I fail to see the problem. They don't have to put 25,000 silver medals with 7500 gold coins. They could do 500 sets of 2, if they wanted, or pick your favorite number.
Will the Mint re-issue the Ag FH medal and the Au FH coin using a Mint date of 2025, or will it continue as 2024 in whatever product pairing they decide on?
I would be reluctant to buy a 2024 Mint dated coin/medal(set) in the year 2025. Where am I going wrong here?
I fail to see the problem. They don't have to put 25,000 silver medals with 7500 gold coins. They could do 500 sets of 2, if they wanted, or pick your favorite number.
Will the Mint re-issue the Ag FH medal and the Au FH coin using a Mint date of 2025, or will it continue as 2024 in whatever product pairing they decide on?
I would be reluctant to buy a 2024 Mint dated coin/medal(set) in the year 2025. Where am I going wrong here?
I don't know that you're "going wrong". The Mint sells numerous products from prior years in their website. If you don't want one, you don't have to buy one. [Not that I'm saying the Mint will do that. I'm just saying that that COULD. ]
I fail to see the problem. They don't have to put 25,000 silver medals with 7500 gold coins. They could do 500 sets of 2, if they wanted, or pick your favorite number.
Will the Mint re-issue the Ag FH medal and the Au FH coin using a Mint date of 2025, or will it continue as 2024 in whatever product pairing they decide on?
I would be reluctant to buy a 2024 Mint dated coin/medal(set) in the year 2025. Where am I going wrong here?
Medals can be made whenever. Coins have to be made during the calendar year containing their date.
It never occurred to me that they would do this, but they have now held a very specific, very round number back from both the gold and the silver. It looks to me like they will be packaged in sets with medals and coins that will be released in the future.
If you missed out on these, or want a very special complete set, in very special packaging, at very special (high) pricing, like annual Limited Edition Silver Proof sets, you will be the target for the 25K silver sets and/or 7.5K gold sets when they are released in 2026.
@comma said:
What are the odds that the ungraded coin goes higher in value (within the next year or so) than it is right now? Looking at ebay sold prices around $4,500 which means there is basically no point in reselling. Just debating keeping the coin or not since it's a pretty big investment.
Keep it if you like it and want to have it as part of your collection. Not as an "investment," given that they are already going for ~$2,000+ above spot, and given that an additional 7,500 are very highly likely to hit the market in the future as part of another Mint offering.
Coins like this would be an investment for me. I honestly might just return it. It's just too expensive to justify if it doesn't have any real future value
Take any info written here for what it's worth which is zero. Nobody knows what the future holds with these coins. They may double in price, they may be worth spot in years to come. In my 20+ years on these Boards I have seen dozens and dozens of know it all's come and go. Post count has NO correlation to knowledge or expertise! Go with your gut and as many wise people have said dozens of times..........coins are poor investments in many cases.
Odd. You criticized the opinion givers and then offered an opinion that agreed with those same "know it alls".
To @comma, you answered your own question. Even if it might double in value in the next 20 years, you are uncomfortable with the risk at that price. Sell it and sleep at night.
Opinion givers, interesting term. There are some prolific ones here.
@comma said:
What are the odds that the ungraded coin goes higher in value (within the next year or so) than it is right now? Looking at ebay sold prices around $4,500 which means there is basically no point in reselling. Just debating keeping the coin or not since it's a pretty big investment.
Keep it if you like it and want to have it as part of your collection. Not as an "investment," given that they are already going for ~$2,000+ above spot, and given that an additional 7,500 are very highly likely to hit the market in the future as part of another Mint offering.
Coins like this would be an investment for me. I honestly might just return it. It's just too expensive to justify if it doesn't have any real future value
If you're not sure about keeping it, you could sell it on Pure today, with a 3% fee, and pocket ~$430. No risk of getting scammed (eBay) or the coin getting lost in the mail (USPS Priority return label to the Mint).
EDIT: I have no connection to the company but have had a positive experience selling to them. I figure if you're on the fence you might as well choose the profitable option.
Sounds like you were able to get verified with them (collectpure). After 4 attempts I gave up.
@comma said:
What are the odds that the ungraded coin goes higher in value (within the next year or so) than it is right now? Looking at ebay sold prices around $4,500 which means there is basically no point in reselling. Just debating keeping the coin or not since it's a pretty big investment.
Keep it if you like it and want to have it as part of your collection. Not as an "investment," given that they are already going for ~$2,000+ above spot, and given that an additional 7,500 are very highly likely to hit the market in the future as part of another Mint offering.
Coins like this would be an investment for me. I honestly might just return it. It's just too expensive to justify if it doesn't have any real future value
If you're not sure about keeping it, you could sell it on Pure today, with a 3% fee, and pocket ~$430. No risk of getting scammed (eBay) or the coin getting lost in the mail (USPS Priority return label to the Mint).
EDIT: I have no connection to the company but have had a positive experience selling to them. I figure if you're on the fence you might as well choose the profitable option.
Sounds like you were able to get verified with them (collectpure). After 4 attempts I gave up.
That's frustrating. I don't remember having any issues. Maybe you could ping the owner here or send a message on the site; they respond quickly as long as it's biz hours.
@comma said:
What are the odds that the ungraded coin goes higher in value (within the next year or so) than it is right now? Looking at ebay sold prices around $4,500 which means there is basically no point in reselling. Just debating keeping the coin or not since it's a pretty big investment.
Keep it if you like it and want to have it as part of your collection. Not as an "investment," given that they are already going for ~$2,000+ above spot, and given that an additional 7,500 are very highly likely to hit the market in the future as part of another Mint offering.
Coins like this would be an investment for me. I honestly might just return it. It's just too expensive to justify if it doesn't have any real future value
If you're not sure about keeping it, you could sell it on Pure today, with a 3% fee, and pocket ~$430. No risk of getting scammed (eBay) or the coin getting lost in the mail (USPS Priority return label to the Mint).
EDIT: I have no connection to the company but have had a positive experience selling to them. I figure if you're on the fence you might as well choose the profitable option.
Sounds like you were able to get verified with them (collectpure). After 4 attempts I gave up.
That's frustrating. I don't remember having any issues. Maybe you could ping the owner here or send a message on the site; they respond quickly as long as it's biz hours.
Some things aren't just worth the hassle. I've done lots of verification using systems like theirs and it worked just fine. They don't need my business that bad.
@comma said:
What are the odds that the ungraded coin goes higher in value (within the next year or so) than it is right now? Looking at ebay sold prices around $4,500 which means there is basically no point in reselling. Just debating keeping the coin or not since it's a pretty big investment.
Keep it if you like it and want to have it as part of your collection. Not as an "investment," given that they are already going for ~$2,000+ above spot, and given that an additional 7,500 are very highly likely to hit the market in the future as part of another Mint offering.
Coins like this would be an investment for me. I honestly might just return it. It's just too expensive to justify if it doesn't have any real future value
Take any info written here for what it's worth which is zero. Nobody knows what the future holds with these coins. They may double in price, they may be worth spot in years to come. In my 20+ years on these Boards I have seen dozens and dozens of know it all's come and go. Post count has NO correlation to knowledge or expertise! Go with your gut and as many wise people have said dozens of times..........coins are poor investments in many cases.
Odd. You criticized the opinion givers and then offered an opinion that agreed with those same "know it alls".
To @comma, you answered your own question. Even if it might double in value in the next 20 years, you are uncomfortable with the risk at that price. Sell it and sleep at night.
Opinion givers, interesting term. There are some prolific ones here.
Pretty much 100% of the forum. You can't GTG without giving an opinion.
@comma said:
What are the odds that the ungraded coin goes higher in value (within the next year or so) than it is right now? Looking at ebay sold prices around $4,500 which means there is basically no point in reselling. Just debating keeping the coin or not since it's a pretty big investment.
Keep it if you like it and want to have it as part of your collection. Not as an "investment," given that they are already going for ~$2,000+ above spot, and given that an additional 7,500 are very highly likely to hit the market in the future as part of another Mint offering.
Coins like this would be an investment for me. I honestly might just return it. It's just too expensive to justify if it doesn't have any real future value
If you're not sure about keeping it, you could sell it on Pure today, with a 3% fee, and pocket ~$430. No risk of getting scammed (eBay) or the coin getting lost in the mail (USPS Priority return label to the Mint).
EDIT: I have no connection to the company but have had a positive experience selling to them. I figure if you're on the fence you might as well choose the profitable option.
Sounds like you were able to get verified with them (collectpure). After 4 attempts I gave up.
I had no issues and they waived the 3% fee. Payment received within 24 hours of receipt. I would PM Trey if you have any problems.
@comma said:
What are the odds that the ungraded coin goes higher in value (within the next year or so) than it is right now? Looking at ebay sold prices around $4,500 which means there is basically no point in reselling. Just debating keeping the coin or not since it's a pretty big investment.
Keep it if you like it and want to have it as part of your collection. Not as an "investment," given that they are already going for ~$2,000+ above spot, and given that an additional 7,500 are very highly likely to hit the market in the future as part of another Mint offering.
Coins like this would be an investment for me. I honestly might just return it. It's just too expensive to justify if it doesn't have any real future value
If you're not sure about keeping it, you could sell it on Pure today, with a 3% fee, and pocket ~$430. No risk of getting scammed (eBay) or the coin getting lost in the mail (USPS Priority return label to the Mint).
EDIT: I have no connection to the company but have had a positive experience selling to them. I figure if you're on the fence you might as well choose the profitable option.
Sounds like you were able to get verified with them (collectpure). After 4 attempts I gave up.
I had no issues and they waived the 3% fee. Payment received within 24 hours of receipt. I would PM Trey if you have any problems.
What is is handle here? How were you able to waive the 3%? Would definitely use them if that's the case. Thanks!
@comma said:
What are the odds that the ungraded coin goes higher in value (within the next year or so) than it is right now? Looking at ebay sold prices around $4,500 which means there is basically no point in reselling. Just debating keeping the coin or not since it's a pretty big investment.
Keep it if you like it and want to have it as part of your collection. Not as an "investment," given that they are already going for ~$2,000+ above spot, and given that an additional 7,500 are very highly likely to hit the market in the future as part of another Mint offering.
Coins like this would be an investment for me. I honestly might just return it. It's just too expensive to justify if it doesn't have any real future value
If you're not sure about keeping it, you could sell it on Pure today, with a 3% fee, and pocket ~$430. No risk of getting scammed (eBay) or the coin getting lost in the mail (USPS Priority return label to the Mint).
EDIT: I have no connection to the company but have had a positive experience selling to them. I figure if you're on the fence you might as well choose the profitable option.
Sounds like you were able to get verified with them (collectpure). After 4 attempts I gave up.
I had no issues and they waived the 3% fee. Payment received within 24 hours of receipt. I would PM Trey if you have any problems.
What is is handle here? How were you able to waive the 3%? Would definitely use them if that's the case. Thanks!
When will we know the true Mintage for this coin? Does the Mint have to report this at years end? So many questions and so few answers! Sure looks like they only made around 10k.
The "true Mintage" may not be known for a couple of years(if lucky)after the final audit?
Upcoming sales reports, speculation, and/or "announcements" may shed some new light/numbers in the next few weeks?
When will we know the true Mintage for this coin? Does the Mint have to report this at years end? So many questions and so few answers! Sure looks like they only made around 10k.
We already know. People just don't want to accept it because the Mint is not being totally transparent and announcing precisely what it is that they are doing. But it's pretty obvious if you know how to add and subtract.
The Mintage Limit is published as 17,500, and a Mint spokesperson stated to Coin World that they minted the entire authorized mintage. The Product Limit is now published as 10,000, and the latest sales report that you posted states that they sold 9,978.
What don't you understand? Sure looks to me like they made, and held back, 7,500 for sale in another product at a future date.
Why does authorized mintage necessarily reference the stated max for the product? Maybe the mint director only authorized 10k of the mintage to be produced and that's what he meant?
You keep ASSuming things.
When will we know the true Mintage for this coin? Does the Mint have to report this at years end? So many questions and so few answers! Sure looks like they only made around 10k.
For numismatic products, the final mintage is often not known for years. They are all selling items dirtying from 2017 and 2018. The mintages will not be known until sell out or termination of sales.
In this case, at some point we'll find out if they are going to sell any additional coins and how many. But it is not unusual for it to take time.
@ProofCollection said:
Why does authorized mintage necessarily reference the stated max for the product? Maybe the mint director only authorized 10k of the mintage to be produced and that's what he meant?
You keep ASSuming things.
Because "authorized mintage" IS the maximum mintage. Authorization refers to the initial Authorization of the item not the work order to production. It has ALWAYS been used that way.
@jmlanzaf said:
For numismatic products, the final mintage is often not known for years. They are all selling items dirtying from 2017 and 2018. The mintages will not be known until sell out or termination of sales.
In this case, at some point we'll find out if they are going to sell any additional coins and how many. But it is not unusual for it to take time.
Has the mint ever released a product dated from the previous year? I've been here since 2020 and I've never seen it. Also these products you talk about probably never went unavailable which is why they are still being offered.
CoinWorld had sloppy reporting and this was widely discussed weeks ago. Anyone that thinks the mint will slip another 7500 gold FH out by the end of the year is not that bright . Anyone that thanks the mint is holding product for 2025 or even 2026 is a moron.
Many of the conspiracy theorist insist on getting last word. Does not make them correct, but rather continued illustration of their lack of awareness.
@jmlanzaf said:
For numismatic products, the final mintage is often not known for years. They are all selling items dirtying from 2017 and 2018. The mintages will not be known until sell out or termination of sales.
In this case, at some point we'll find out if they are going to sell any additional coins and how many. But it is not unusual for it to take time.
Has the mint ever released a product dated from the previous year? I've been here since 2020 and I've never seen it. Also these products you talk about probably never went unavailable which is why they are still being offered.
They do overdates sometimes. Maybe you can get a 2025/4 Medal.
When will we know the true Mintage for this coin? Does the Mint have to report this at years end? So many questions and so few answers! Sure looks like they only made around 10k.
We already know. People just don't want to accept it because the Mint is not being totally transparent and announcing precisely what it is that they are doing. But it's pretty obvious if you know how to add and subtract.
The Mintage Limit is published as 17,500, and a Mint spokesperson stated to Coin World that they minted the entire authorized mintage. The Product Limit is now published as 10,000, and the latest sales report that you posted states that they sold 9,978.
What don't you understand? Sure looks to me like they made, and held back, 7,500 for sale in another product at a future date.
When will we know the true Mintage for this coin? Does the Mint have to report this at years end? So many questions and so few answers! Sure looks like they only made around 10k.
We already know. People just don't want to accept it because the Mint is not being totally transparent and announcing precisely what it is that they are doing. But it's pretty obvious if you know how to add and subtract.
If you believe they made and are holding back 7500 for a later sale date that’s your opinion. Many of us aren’t buying your theory!!!
The Mintage Limit is published as 17,500, and a Mint spokesperson stated to Coin World that they minted the entire authorized mintage. The Product Limit is now published as 10,000, and the latest sales report that you posted states that they sold 9,978.
What don't you understand? Sure looks to me like they made, and held back, 7,500 for sale in another product at a future date.
@ProofCollection said:
Why does authorized mintage necessarily reference the stated max for the product? Maybe the mint director only authorized 10k of the mintage to be produced and that's what he meant?
You keep ASSuming things.
No. The "authorized mintage" is literally the stated limit. Not a number a person, even the "mint director" arbitrarily "authorizes" a foreman in a shop to manufacture at any given point in time.
Using your definition, the amount made at any time is always going to be the amount that was "authorized." Which would render the term meaningless.
One does not need to ASSume anything, other than a working knowledge of what words mean in the English language, to reach that conclusion.
Comments
You’ve made it very clear you’ll see to it that “They are not always going to get the last word..” - maybe that they’ll virtually never get it.
Your posts caught my attention due to their combination of repetitiveness and length.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Fair enough!!!
Let's just wait and see at this point. The auction is just 11 days away.
Too bad you can only see the privy for a split second, but that video still fascinates me. Thanks for re-posting @Zoins.
PCGS Pop Report as of December 1, 2024.....
Of note,
19.3% of non-privy First Strike FH Gold are PR69DCAM......of course this is a very early statistic.
It will be another week to two weeks before meaningful numbers will have been graded.
19.6% of privy FH Gold are PR69DCAM
Thanks for posting the Pop Report @Goldbully!
Does anyone have a photo of the Reagan Legacy slab?
NJcoin you are going to grow a long beard before this idea of these holding value is actually settled. It may be a few years.
Actually, I'll probably be long gone. But that's not really the point, since no one really knows what's going to happen 5, 10, 20+ years from now, and I am in no way trying to speculate on that.
I've been talking about where these are going to be on December 12th, and in the weeks after that. Beyond that, whatever will be will be. My point was simply that after the naysayers are proven wrong on the 12th, I won't be shocked if they then move on to talking about long term value.
What are the odds that the ungraded coin goes higher in value (within the next year or so) than it is right now? Looking at ebay sold prices around $4,500 which means there is basically no point in reselling. Just debating keeping the coin or not since it's a pretty big investment.
Not good. The general trend in Mint products is down as they gradually end up in collector hands and there are fewer people looking for them.
Keep it if you like it and want to have it as part of your collection. Not as an "investment," given that they are already going for ~$2,000+ above spot, and given that an additional 7,500 are very highly likely to hit the market in the future as part of another Mint offering.
The mint has a problem because they have 25,000 silver medals and only 7,500 gold coins left for other products. They could have done a 7,500 two piece set, but it is too late. They may later do a 7,500 gold set with another gold release, but that would be at over 7,000 dollars to buy (I thought MW said all the gold flowing coins were already struck, so they have to be sold in another product). The next similar product they will release will likely have high mintages due to the success of this one. This is the mint MO, just as they did with the peace and morgan dollars. But they are probably happy with the prices for privy, so that comes back as well.
Coins like this would be an investment for me. I honestly might just return it. It's just too expensive to justify if it doesn't have any real future value
If you're not sure about keeping it, you could sell it on Pure today, with a 3% fee, and pocket ~$430. No risk of getting scammed (eBay) or the coin getting lost in the mail (USPS Priority return label to the Mint).
EDIT: I have no connection to the company but have had a positive experience selling to them. I figure if you're on the fence you might as well choose the profitable option.
Take any info written here for what it's worth which is zero. Nobody knows what the future holds with these coins. They may double in price, they may be worth spot in years to come. In my 20+ years on these Boards I have seen dozens and dozens of know it all's come and go. Post count has NO correlation to knowledge or expertise! Go with your gut and as many wise people have said dozens of times..........coins are poor investments in many cases.
Yup. It's not about not having "any real future value." It's more like that value is highly speculative.
Since you already made around 30% in less than a month, that's a nice win on $3600. If it's a lot for you to just to add to your collection, sell it now and don't think twice about it, whether or not it does well in the future. Because you did very well today.
Agreed. But I don't think they have a "problem." Other than with being transparent with us.
No reason they couldn't have told us what they were doing up front, since they clearly had it planned from the minute they chose to only make 50K medals, and only seed that many with privys. The fact that they went to the trouble to make the additional 7.5K gold coins, and announce it via Coin World in unambiguous terms (notwithstanding the ability of some here to find ambiguity in any statement at all), means they definitely have plans for a future release of the unreleased maximum mintages.
Which is not necessarily a problem. Other than for people paying premiums on the secondary market on the assumption more will never be released.
Everyone here so far is looking for a pairing of silver with gold, in which case 25K clearly =/= 7.5K. I happen to think they will pair the silver with future silver releases, and the gold with future gold, in 25K and 7.5K sets.
We'll all know whether I am on to something when the next medal and coin in this series is released. If Product Limits are 25K and 7.5K lower than Mintage Limits, either at release or shortly thereafter, we'll have our answer. If not, not.
I fail to see the problem. They don't have to put 25,000 silver medals with 7500 gold coins. They could do 500 sets of 2, if they wanted, or pick your favorite number.
Odd. You criticized the opinion givers and then offered an opinion that agreed with those same "know it alls".
To @comma, you answered your own question. Even if it might double in value in the next 20 years, you are uncomfortable with the risk at that price. Sell it and sleep at night.
Will the Mint re-issue the Ag FH medal and the Au FH coin using a Mint date of 2025, or will it continue as 2024 in whatever product pairing they decide on?
I would be reluctant to buy a 2024 Mint dated coin/medal(set) in the year 2025. Where am I going wrong here?
I don't know that you're "going wrong". The Mint sells numerous products from prior years in their website. If you don't want one, you don't have to buy one. [Not that I'm saying the Mint will do that. I'm just saying that that COULD. ]
11 more days of this Oh the humanity
Martin
Medals can be made whenever. Coins have to be made during the calendar year containing their date.
It never occurred to me that they would do this, but they have now held a very specific, very round number back from both the gold and the silver. It looks to me like they will be packaged in sets with medals and coins that will be released in the future.
If you missed out on these, or want a very special complete set, in very special packaging, at very special (high) pricing, like annual Limited Edition Silver Proof sets, you will be the target for the 25K silver sets and/or 7.5K gold sets when they are released in 2026.
Opinion givers, interesting term. There are some prolific ones here.
Actually 10 days and counting...................Noon EST.................9:00am PST.....December 12th.
Sounds like you were able to get verified with them (collectpure). After 4 attempts I gave up.
That's frustrating. I don't remember having any issues. Maybe you could ping the owner here or send a message on the site; they respond quickly as long as it's biz hours.
Some things aren't just worth the hassle. I've done lots of verification using systems like theirs and it worked just fine. They don't need my business that bad.
Pretty much 100% of the forum. You can't GTG without giving an opinion.
I had no issues and they waived the 3% fee. Payment received within 24 hours of receipt. I would PM Trey if you have any problems.
9978
What is is handle here? How were you able to waive the 3%? Would definitely use them if that's the case. Thanks!
Seller's Terms........
@treybenedict
Strong hands at work for #1 prize.
$170k and holding.....no movement since November 24th.
https://forums.collectors.com/profile/treybenedict
I have been mentioned. Happy to help you if you PM me! Best, Trey
When will we know the true Mintage for this coin? Does the Mint have to report this at years end? So many questions and so few answers! Sure looks like they only made around 10k.
The "true Mintage" may not be known for a couple of years(if lucky)after the final audit?
Upcoming sales reports, speculation, and/or "announcements" may shed some new light/numbers in the next few weeks?
We already know. People just don't want to accept it because the Mint is not being totally transparent and announcing precisely what it is that they are doing. But it's pretty obvious if you know how to add and subtract.
The Mintage Limit is published as 17,500, and a Mint spokesperson stated to Coin World that they minted the entire authorized mintage. The Product Limit is now published as 10,000, and the latest sales report that you posted states that they sold 9,978.
What don't you understand? Sure looks to me like they made, and held back, 7,500 for sale in another product at a future date.
Why does authorized mintage necessarily reference the stated max for the product? Maybe the mint director only authorized 10k of the mintage to be produced and that's what he meant?
You keep ASSuming things.
For numismatic products, the final mintage is often not known for years. They are all selling items dirtying from 2017 and 2018. The mintages will not be known until sell out or termination of sales.
In this case, at some point we'll find out if they are going to sell any additional coins and how many. But it is not unusual for it to take time.
Because "authorized mintage" IS the maximum mintage. Authorization refers to the initial Authorization of the item not the work order to production. It has ALWAYS been used that way.
Has the mint ever released a product dated from the previous year? I've been here since 2020 and I've never seen it. Also these products you talk about probably never went unavailable which is why they are still being offered.
CoinWorld had sloppy reporting and this was widely discussed weeks ago. Anyone that thinks the mint will slip another 7500 gold FH out by the end of the year is not that bright . Anyone that thanks the mint is holding product for 2025 or even 2026 is a moron.
Many of the conspiracy theorist insist on getting last word. Does not make them correct, but rather continued illustration of their lack of awareness.
They do overdates sometimes. Maybe you can get a 2025/4 Medal.
If you believe they made and are holding back 7500 for a later sale date that’s your opinion. Many of us aren’t buying your theory!!!
No. The "authorized mintage" is literally the stated limit. Not a number a person, even the "mint director" arbitrarily "authorizes" a foreman in a shop to manufacture at any given point in time.
Using your definition, the amount made at any time is always going to be the amount that was "authorized." Which would render the term meaningless.
One does not need to ASSume anything, other than a working knowledge of what words mean in the English language, to reach that conclusion.