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The Modern Gold Commemorative King Has Been Made *Updated Numbers*

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  • MsMorrisineMsMorrisine Posts: 38,666 ✭✭✭✭✭

    just means there are no sellers

  • HalfDimeHalfDime Posts: 937 ✭✭✭✭✭
    edited December 16, 2025 8:58AM

    Harriet Tubman will remain the UNC gold King for now, final sales numbers in a couple of weeks. 2026 coin is delayed.

    PS Jackie Robinson UNC gold have fallen to mint issue pricing or lower in MS69.

  • WCCWCC Posts: 3,159 ✭✭✭✭✭

    @jmlanzaf said:

    @HalfDime said:

    @WCC said:
    Not a valid comparison.

    You're comparing a "key date" on a wildly "popular" design (by coin standards) to designs where the vast majority of US collectors likely don't even know the coin exists.

    At one point the earlier key 1997 Jackie Robinson unc Gold coin was selling for nearly $5000 as a key, and it is part of this series. That is with a much higher mintage of about 5174 coins. So what has changed?

    As the price of gold has risen, it has damped buyers of the series, to where we are now at record low sales.

    However, the Jackie Robinson coin proved that buyers will pay up for the key coin(s), as they also ran up the prices for the 1995/96 Olympic gold coins back then as well. Also, the recent negro League baseball gold coin is very similar to the Jackie Robinson, and it sold far fewer coins due to the price of gold.

    This is typical coin behavior in an ongoing series.

    The higher premiums will come back at some point, once the dust has settled.

    Didn't you just prove the other point? The Jackie Robinson now sells for $1000 in 70.

    The only way higher premiums return is if gold tanks. There's a limit to how much anyone wants to pay for a coin and that amount isn't calculated started at intrinsic.

    When I started on eBay, silver was $5 per ounce. I sold all kinds of Sterling medals at $10. When silver hit $10, I could maybe get $12. When silver hit $15 I couldn't even get $15 so I just started scrapping them.

    I could respond to any number of posts since my last one, but this one is as good as any.

    I agree with your claims, because that's how the coin market actually works. The poster disagreeing with you either doesn't understand the motives of non-financially motivated buyers or doesn't want to admit it.

    Modern commemoratives aren't viewed equivalently to circulating coinage by the US collector base. That's just a fact. Recurringly issuing lower mintage low appeal non-circulating coins (yes, this coinage) which someone arbitrarily calls a "key date" doesn't change this perception. It's a "distinction" with only financially motivated buyers caring and no one else.

    There are a lot of other coins to collect other than US NCLT which those predominantly or only posting in these threads disregard. Outside of speculation, the only way premiums multiple to spot return at anything close to current spot prices is if buyers completely ignore all alternatives in a similar or lower price, as obviously all of these modern gold commemoratives are completely uncompetitive as collectibles at current prices.

    Yes, I'm aware the Jackie Robinson sold for about $5K at one point. It was an outlier mintage, and the "series" was a lot smaller with a much lower spot price making the cost of completing it much lower. Now there are many with much lower mintages proportionately, the mintage difference doesn't make any a real key date under traditional perception, and the cost of completing it is mid-5 figures at minimum. It's not an appealing collectible proposition to enough hobbyist collectors.

  • HalfDimeHalfDime Posts: 937 ✭✭✭✭✭
    edited December 16, 2025 2:46PM

    These are gold coins and gold is also king. When I was first collecting I wish I had stuck to low mintage gold. The bears here are not looking at the big picture.

    BTW the 1915 PacPac golds weren't meant for circulation and that hasn't held them back. Also, some investors paid a lot for the gold Omega lincoln cents. Some people paid mid 6 figures for gold Sacagaweas that went on a Space Shuttle. All three NCLT.

    Here are the 6 under 2000 mintage.

    i

  • MsMorrisineMsMorrisine Posts: 38,666 ✭✭✭✭✭

    king? wait until 2027

  • TomBTomB Posts: 22,886 ✭✭✭✭✭

    @MsMorrisine said:
    king? wait until 2027

    Well, it's been made. It doesn't mean that it can't be made again.

    Thomas Bush Numismatics & Numismatic Photography

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

    image
  • WCCWCC Posts: 3,159 ✭✭✭✭✭
    edited December 16, 2025 8:19PM

    @HalfDime said:
    These are gold coins and gold is also king. When I was first collecting I wish I had stuck to low mintage gold. The bears here are not looking at the big picture.

    You posts don't demonstrate an understanding of collector motivation, by those who don't predominantly buy coins for profit. That's the entire context of your posts in all these threads. Are you even actually interested in the coins as collectibles and buying it other than to sell it to someone else for more?

    This coin isn't an actual key date, and neither are the other coins profiled in NCLT threads every time one hits a new low mintage. Just having the lowest mintage doesn't make any coin an actual key date. Compare this coin or other low mintage US NCLT to the profile of the most widely collected key dates, 1960's circulating designs. The mintage variation is much larger, despite that it's much higher.

    There are numerous gold commemoratives with mintages lower than the 1997 JR now, the difference isn't that large (in absolute terms), and it's a virtual certainty given the premiums there are (far) more coins despite the low mintage than collectors who actually want it as a collectible.

    What kind of a "key date" has more supply than demand from actual collectors as opposed to financially motivated "widget" buyers?

    You seem to be thinking in the context of Jordan's premises in the two books I bought. He made numerous assumptions which contradict or are not consistent with collector motivation, this key date concept being one. I identified at least seven.

    @HalfDime said:

    BTW the 1915 PacPac golds weren't meant for circulation and that hasn't held them back. Also, some investors paid a lot for the gold Omega lincoln cents. Some people paid mid 6 figures for gold Sacagaweas that went on a Space Shuttle. All three NCLT.

    There is no comparability between the $50 Pan Pacs and any modern US NCLT, and no comparability between with what I'd describe as gimmick coins (the Sac and Lincoln gold) with any gold commemorative either.

    Modern gold commemoratives are more comparable to circulating coinage than collectible bullion US NCLT but still less comparable vs. classic gold commemoratives. There are only two $50s and one $2.5 while I've counted 31 and 42 gold $5's for MS and proof. These coins don't have the distinction you infer regardless of how low the mintage. Yes, part of it is because the coins are more recent, but it's mostly because collectors just don't care about so many mediocre designs and undistinguished themes.

    Any future premium increase is overwhelmingly likely to occur due to speculation from others who incorrectly believe this "key date" theme through "widget" buying, not interest in the coins as collectibles. With a few exceptions (one being a reply earlier to my prior post), I don't see any interest in this coinage as a collectible in any of these threads, including from you.

  • TomBTomB Posts: 22,886 ✭✭✭✭✭

    @WCC actually there are two classic $2.50 gold commemorative coins. The 1915-S Pan-Pac and the 1926 Sesquicentennial. I didn't check how many modern $5 gold commemorative coins there are because there seem to be just so many.

    Thomas Bush Numismatics & Numismatic Photography

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

    image
  • HalfDimeHalfDime Posts: 937 ✭✭✭✭✭

    @WCC said:
    You posts don't demonstrate an understanding of collector motivation, by those who don't predominantly buy coins for profit. That's the entire context of your posts in all these threads. Are you even actually interested in the coins as collectibles and buying it other than to sell it to someone else for more?

    So you enjoy buying coins that lose value, and collecting coins that lose value. Not many do, as most get burned once and never again. We had a post from someone who purchased a coin at auction that was not described correctly, and they felt badly about it for months until posting. That was over a $380 coin.

    Imagine if someone purchased these gold UNC coins you seem to think will never achieve much and they put them somewhere and forget for ten to twenty years about them, then to their surprise they find them again. Would they be happy?

    I think they would be very happy.

    Coin collectors usually cherish the most valuable coins, not the least valuable coins. In the history of the US Mint they have rarely produced gold coins with these low mintages by type (only about ten times in mint state), and we have seen in recent history even very unwanted gold coins sell more than these when available in quantity (spouse gold UNC). I don't think the mint could come up with a lower seller than these.

    Everybody who has purchased the Harriet Tubman gold UNC seems to be happy because only one is for sale on Ebay. People are probably locking them up because they see what I see, interesting historical coins that will be great someday, just like many of the past coins that few wanted in their day.

  • Cougar1978Cougar1978 Posts: 9,573 ✭✭✭✭✭

    I really like MWG

    Investor
  • HalfDimeHalfDime Posts: 937 ✭✭✭✭✭

    The 2025 commemoratives were to have officially gone off sale on December 26th but all of them sold out early except for the $5 gold UNC coin, which made sales spike higher since it was the only product left. As a result it moved well past Harriet Tubman in sales. Here are the latest numbers:

    2021 Law Enforcement 1,753
    2022 Negro Leagues Baseball 1,507
    2022 Purple Heart 1,677
    2024 Greatest Generation 1,374
    2024 Harriet Tubman 1,291
    2025 USMC 250th 1,474*

    This places it in third place despite the higher cost for the coin due to the price of gold.
    Therefore Harriet Tubman remains the modern king for another year.

  • HalfDimeHalfDime Posts: 937 ✭✭✭✭✭

    There was only a tiny change in the final sales this week, which dropped the USMC 250th gold UNC by two coins, at 1472. Here is the updated numbers:

    2021 Law Enforcement 1,753
    2022 Negro Leagues Baseball 1,507
    2022 Purple Heart 1,677
    2024 Greatest Generation 1,374
    2024 Harriet Tubman 1,291
    2025 USMC 250th 1,472*

    The next gold UNC commemorative for release is the 2026 FIFA World Cup coin that has no scheduled release date except for sometime this year. Due to the later release and higher price of gold, it may not sell as much as Harriet Tubman. I put the odds at about 50%. However, at one point it appeared the 2025 USMC 250th gold UNC would not outsell Harriet Tubman and a flurry of sales in the last two weeks took it well over. I am still hopeful of a coin that falls under 1000 in sales, as that could be the magical number to make even the hardest critic of these coins finally to accept them as low mintage kings.
    Another issue that might affect the sales of the 2026 FIFA gold UNC is the number of other gold coins being issued. It may draw collectors away as they spend on other 250th anniversary coins. However Harriet Tubman has survived as the king for now.

  • MsMorrisineMsMorrisine Posts: 38,666 ✭✭✭✭✭

    @HalfDime said:
    The next gold UNC commemorative for release is the 2026 FIFA World Cup coin that has no scheduled release date except for sometime this year. Due to the later release and higher price of gold, it may not sell as much as Harriet Tubman

    are these still 90% gold?

  • SametsSamets Posts: 364 ✭✭✭✭

    @WCC said:

    @HalfDime said:
    These are gold coins and gold is also king. When I was first collecting I wish I had stuck to low mintage gold. The bears here are not looking at the big picture.

    You posts don't demonstrate an understanding of collector motivation, by those who don't predominantly buy coins for profit. That's the entire context of your posts in all these threads. Are you even actually interested in the coins as collectibles and buying it other than to sell it to someone else for more?

    This coin isn't an actual key date, and neither are the other coins profiled in NCLT threads every time one hits a new low mintage. Just having the lowest mintage doesn't make any coin an actual key date. Compare this coin or other low mintage US NCLT to the profile of the most widely collected key dates, 1960's circulating designs. The mintage variation is much larger, despite that it's much higher.

    There are numerous gold commemoratives with mintages lower than the 1997 JR now, the difference isn't that large (in absolute terms), and it's a virtual certainty given the premiums there are (far) more coins despite the low mintage than collectors who actually want it as a collectible.

    What kind of a "key date" has more supply than demand from actual collectors as opposed to financially motivated "widget" buyers?

    You seem to be thinking in the context of Jordan's premises in the two books I bought. He made numerous assumptions which contradict or are not consistent with collector motivation, this key date concept being one. I identified at least seven.

    @HalfDime said:

    BTW the 1915 PacPac golds weren't meant for circulation and that hasn't held them back. Also, some investors paid a lot for the gold Omega lincoln cents. Some people paid mid 6 figures for gold Sacagaweas that went on a Space Shuttle. All three NCLT.

    There is no comparability between the $50 Pan Pacs and any modern US NCLT, and no comparability between with what I'd describe as gimmick coins (the Sac and Lincoln gold) with any gold commemorative either.

    Modern gold commemoratives are more comparable to circulating coinage than collectible bullion US NCLT but still less comparable vs. classic gold commemoratives. There are only two $50s and one $2.5 while I've counted 31 and 42 gold $5's for MS and proof. These coins don't have the distinction you infer regardless of how low the mintage. Yes, part of it is because the coins are more recent, but it's mostly because collectors just don't care about so many mediocre designs and undistinguished themes.

    Any future premium increase is overwhelmingly likely to occur due to speculation from others who incorrectly believe this "key date" theme through "widget" buying, not interest in the coins as collectibles. With a few exceptions (one being a reply earlier to my prior post), I don't see any interest in this coinage as a collectible in any of these threads, including from you.

    Sadly, all true. I had a near complete set of MS $5 commems, with gold price where it is, all of my PCGS graded MS70's sold for melt.

  • Cougar1978Cougar1978 Posts: 9,573 ✭✭✭✭✭
    edited January 6, 2026 7:37PM

    Wow Really nice gold Commems. Very impressive. I would wager they are a really good investment buy.

    Send them to CACG? How high is the CAC premium on them? Low pop too.

    Investor
  • King of an ever shrinking kingdom......................

  • wondercoinwondercoin Posts: 17,124 ✭✭✭✭✭

    King of an ever shrinking kingdom......................

    Tell that to the consignor who just sold the Tubman PCGS 70 on eBay for between $9,500.00 - $10,000.00/oz melt! Close to the spot level of what 70 grade 2021 Bronco High Relief coins fetch!

    P.S. New asking price for the same $5 Commem “king” is now over $12,000.00/oz on eBay (with a best offer).

    Wondercoin.

    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • Come back in 3-6 months and report prices.......

  • WCCWCC Posts: 3,159 ✭✭✭✭✭

    @HalfDime said:

    So you enjoy buying coins that lose value, and collecting coins that lose value. Not many do, as most get burned once and never again. We had a post from someone who purchased a coin at auction that was not described correctly, and they felt badly about it for months until posting. That was over a $380 coin.

    I don't collect coins to avoid losing money. If this were my mindset, I wouldn't be a collector or buy coins at all. It's also evident that most other collectors don't either, or else they would mostly buy NCLT and other "investment" type coinage when it's evident only a very low fraction actually do even in the price range of NCLT.

    Since you brought it up, I'd estimate my current net return on the coins I've sold and still own since I resumed collecting in 1998 (excluding bullion) is something around 80%. Yes, I own numerous coins valued in the price range of $5 gold commemoratives though no gold numismatic coins now. No, my return isn't as good as silver in 2025, or gold more recently, or the S&P 500, but this is my hobby money and contrasts with the likely 90% to 95%+ of collectors who lose money over a lifetime, once again excluding bullion type coinage. My collection consists of quality coinage (for the type) with a high collector appeal (Spanish colonial) which this NCLT almost entirely does not, including these imaginary "key" dates you keep writing about.

    @HalfDime said:

    Imagine if someone purchased these gold UNC coins you seem to think will never achieve much and they put them somewhere and forget for ten to twenty years about them, then to their surprise they find them again. Would they be happy?

    I think they would be very happy.

    You missed the primary point in my last post entirely. My point is that financially motivated buyers don't drive the premiums you imply and want, and the reason they don't is because they have little if any actual interest in the coins as collectibles. This was fallacy number one in the two Jordan books I read. He completely disregarded it, just as you have.

    Potentially somewhere up to 95% of NCLT buyers (depending upon the coin and outside of the ASE) are primarily or entirely buying it to sell it to someone else for more, so who exactly is supposed to create these premiums?

    Yes, I'm aware that temporary speculation can lead to your preferred outcome. I never claimed otherwise, but there is no basis to claim it's believable due to actual collecting because none of this coinage is the collectible you or those who agree with you want others to believe. The two Jordan books I read claimed it too while providing absolutely no reason to believe it.

  • cameonut2011cameonut2011 Posts: 10,438 ✭✭✭✭✭
    edited January 8, 2026 8:00PM

    @HalfDime said:
    The 2024 commemoratives just went off sale and they have made new low mintages for the series of modern coins. The 2024-W Uncirculated Harriet Tubman $5 Gold Coin only had sales of 1,264 as of last week, and the 2024-W Uncirculated Greatest Generation $5 Gold Coin had sales of only 1,314. Final numbers will be out in a few weeks, but they are likely to be close to those. These become the last group to add to others that make up five gold uncirculated commemorative coins to fall under 2,000 mintage in this series.

    2021 Law Enforcement 1,753
    2022 Negro Leagues Baseball 1,507
    2022 Purple Heart 1,677
    2024 Greatest Generation 1,374
    2024 Harriet Tubman 1,291

    If anyone wants to put together a small set of modern gold, these five may be good candidates while they are all still selling for below $1,000 each. These mintages are below the gold spouse coins, below the platinum eagles, even below all classic gold commemoratives except for the PanPac.

    A few of the one dollar silver commemoratives have also fallen below 10,000 mintage which beats all classic commemoratives by type, and so far only three have done so.

    2021 Law Enforcement 9,422
    2022 Negro Leagues Baseball 8,445
    2024 Harriet Tubman 7,300

    These are now record lows for these series. A few things are likely happening that is contributing to these new lows. The mint has raised prices on coins, which tends to drop sales. The coin designs themselves may play a part, and the precious metal prices also factor in. Whatever the reasons, the coins have become interesting low mintage plays for the long run collectors.

    Updated: The latest sales numbers are the final sales to the end of the year. So these are close to where they end up, probably within a couple of coins. The Harriet Tubman gold unc finished just under 1,300 coins, with a new low at 1,293. The Greatest generation was close with 1,377. It will be hard to get sales below these. The latest marine gold unc had sales of 531 in just the first week.

    Many of the first spouse coins have similar mintages but effectively trade at melt. Absent some unforeseen demand, these may very well become “King of the melting pot” if bullion continues its bull run.

  • 7Jaguars7Jaguars Posts: 7,947 ✭✭✭✭✭

    What about the copper nickel half commems? I recall the unc. Tubman being rather low on that one also....

    Love that Milled British (1830-1960)
    Well, just Love coins, period.
  • HalfDimeHalfDime Posts: 937 ✭✭✭✭✭
    edited January 7, 2026 11:56PM

    @WCC said:
    Yes, I'm aware that temporary speculation can lead to your preferred outcome. I never claimed otherwise, but there is no basis to claim it's believable due to actual collecting because none of this coinage is the collectible you or those who agree with you want others to believe. The two Jordan books I read claimed it too while providing absolutely no reason to believe it.

    Why did the Jackie Robinson unc gold coin sell for 5 thousand dollars at one point if nobody collects these? The answer is they do. A lot of collectors also just paid high prices for gold Sacagawea and gold Lincoln Omega coins as well.

  • kiyotekiyote Posts: 5,611 ✭✭✭✭✭

    Well, it’s now March and the Tubman coins definitely appear to be the new keys. Doing a search for them on eBay yield almost no results.

    The $1100 $5 unc gold coins are all gone

    I’m glad I grabbed a unc half dollar from the mint when I could. I wish I had gotten a gold or silver dollar as well

    I had purchased a PCGS MS70 FDOI Tubman half dollar for $89 only to have the eBay seller tell me that they got destroyed in transit 😩

    "I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.
  • MsMorrisineMsMorrisine Posts: 38,666 ✭✭✭✭✭

    this year has just the world cup commems

    if they come p higher, i wouldn't jump up and down about tubman. there's a lot more future issues to sell at ever declining numbers

  • HalfDimeHalfDime Posts: 937 ✭✭✭✭✭

    A major reason these coins have such low mintages is everyone thinks they will go lower, so they won't buy any. Yet we have the 2025 which came in higher than Tubman.

    2021 Law Enforcement 1,753
    2022 Negro Leagues Baseball 1,507
    2022 Purple Heart 1,677
    2024 Greatest Generation 1,374
    2024 Harriet Tubman 1,291
    2025 USMC 1,472

    The USMC gold unc coin had a huge run in the last two weeks of sales as the mint sold out of all the other USMC coins except for the UNC gold.

    The 2026 Wold Cup is still delayed so is losing potential sales day by day. It will be one to watch as three months or more of lost sales could challenge Tubman for the lowest. Usually the highest sales are the first month followed by the days leading up to the mint pulling them at the end of the year. They may also understrike and they sell out early.

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