Do the scarce date modern commems have a future or have they Topped out?
fivecents
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I am talking about the 1997-W Jackie Robinson $5 gold (unc), 2000-W LOC bimetalic 10$ Plat & gold(unc), all four of the 1996-D Atlanta olympic silver dollars(unc) and the 1996-W Smithsonian $5gold(unc). The all have very low mintages, but are really high priced. Do you think they reached the top or are there more rungs on the ladder?
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<< <i>Looks like you answered your own question. >>
I don't know about all that.
I thought the Jackie Robinson $5 gold was topped out when it hit $1400.......It now brings $2300.
Choosing a popular activity/event/ group to honor also is a factor.
Exhorbitant surcharges may create rarities but they do little to attract new commemorative collectors.
Lately there has been increased demand for coins in the $100 area which is a positive sign for the better dates.
The price of gold will have some influence on the early $5 and $10 gold commemoratives which may carry over to the more expensive gold pieces.
I'm one of those odd ducks who likes these coins in the orginal mint packaging and NOT in slabs. I also like the cherrywood box sets, which came to an end in 1996.
<< <i>I'm one of those odd ducks who likes these coins in the orginal mint packaging and NOT in slabs. I also like the cherrywood box sets, which came to an end in 1996. >>
The latest craze of some dealers is to throw all mint packaging away and keep only the coins in the capsules. I believe that modern commems with all the orignal mint packaging will be worth a premium.
It seems the goverment's favorite denomenation for the modern commem's is the dollar. The dollar is the only denomenation that was made every year in the modern commem series. The halves and gold $10's and $5's are a crap shoot each year. It takes alot of fun out of collecting the halves and gold modern commems when you can't complete a year to year date run because the coins simply wern't made every year.