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Jackie Robinson is no longer the lowest mintage modern.
ericj96
Posts: 1,657
Did any of you see the coverage on the topic in this weeks coin world. How is the market going to respond in the short term? Long term?
Eric
Eric
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Amen
By the way for over 2/3 of our coinage history the value of our dollar was based only on its bullion value. Thats why we have reeded edges on our coins. It OK to say you don't like them but to discount a coin as insignificant because it has very high material content is not reasonable. For years $20 Saints traded at just slighly over their bullion content if you check your coinage history. They are sold as proofs for collectors. They are no more just bullion than any other US proof gold.
Eric
There aren't all that many collectors of platinum coins, which the mintage figures bear out.
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
Nor should you compare commemoratives to real coins.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Just like the silver eagle proof they make those every year too it's not a one shot and your out type coin.
At only 7260 tenths minted you will be glad you have it in the next ten years. I can't find ANY example of a US minted type coin with a total type mintage of 7k graded 63 or better for less than $400-$500.
Good Luck
Eric
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
You may be right about pulling the plug on the program or changing it. The mint is already looking at changing the obverse in the next 3 years and starting a whole new series. The question is will it help or hurt the value of the existing type series? I can't think of any example in US coinage history where the end of a production series hurt the value of the discontinued coins.
I hope they do change or quit so I can finish off my sets and stop buying the stuff.........I like the concept of short series like the 7 years of proof murcury dimes and walker halves. I just wish I could have bought the walkers early on before the prices got so out of hand.
Thanks guys,
Eric
Eric