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Anyone collect modern $5 gold commemoratives?

CoinHuskerCoinHusker Posts: 5,033 ✭✭✭
in U.S. Coin Forum
My son and I went to a coin show on Father's day to celebrate and on the way out I stopped at a table and saw this.

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I really have never thought about modern gold commemoratives before but I thought the obverse is absoultely beautiful PLUS I got it for a little below melt. image I couldn't resist and besides it was Father's Day! I just hope it doesn't start something new with me. image

If anyone collects modern gold commemoratives I'd appreciate hearing your thoughts on the series. Thanks! >>

Collecting coins, medals and currency featuring "The Sower"

Comments

  • ttownttown Posts: 4,472 ✭✭✭
    I love to collect the series. Many can be had for below spot or $25 over and it's a lot more fun than just buying bullion coins for the Gold investor. Of course your going to get hammer here, it seems these collectors need to look up what's meant by that. Only the ultra rare or high grade classics are worth collecting to most here. Some sound more like investors since their the one's always telling us they'll never be worth anythingimage
  • CoinHuskerCoinHusker Posts: 5,033 ✭✭✭
    Thanks! image




    << <i> Some sound more like investors since their the one's always telling us they'll never be worth anythingimage >>




    I've noticed that too at times. Oh well, variety is the spice of life and sometimes it gets pretty "spicy" around here. imageimage

    Since you collect the series, what can you tell me about it? I do know that the ms Jackie Robinson is THE coin. Have there been any really good or just good nformational articles written about $5 commems?

    Thanks again!
    Collecting coins, medals and currency featuring "The Sower"
  • BillJonesBillJones Posts: 34,814 ✭✭✭✭✭
    I’m a “gold bug,” and when I can buy U.S. gold coins in high grade that have a variety of designs I’m in. Given that it should come as no surprise that I have all of the modern gold commemorative coins in Proof, and now many of them in Mint State as well.

    About a year ago I got hooked on the four and six piece commemorative coin sets that are housed in cherry wood boxes. After a fairly strong start with the 1984 Olympic set, sales of these sets got smaller until in 1996 the mint issued their last cherry wood box coin set, which contain the Smithsonian coins. There was a Jackie Robinson set, but it included a Proof $5 gold coin, a pin, a reproduction of a baseball card and a cloth patch. To me that one doesn’t count.

    There are some wonderful designs on these coins and only one real clunker. The bad one is the reverse of the Mount Rushmore, which had the words “Mount Rushmore National Monument” in the center. To me that was one of the laziest, lamest design efforts that has ever appeared on a U.S. coin. The obverse with an eagle flying past the monument with engraver’s tools in its talons was wonderful. But the reverse …image

    I hope that your interest blooms in the series. It's really a lot fun to collect, and the to date the prices for many pieces have not been that high.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • ttownttown Posts: 4,472 ✭✭✭
    Well it’s been awhile since I’ve brought most of the cheap stuff and I have duplicates of some. Most of the 80’s stuff is around spot, you may have to add a few bucks for the 1989. The Mid 90’s stuff can be had for $140ish to $175ish depending on buying only the gold coin vs the sets. You can get some of the years in the $125 range. Just watch Ebay you’ll get a fell real quick what people are willing to bid up.

    The more common mid 90’s to present seem to be $250ish except the Jackie Robinson, Civil War, Library of Congress, and the Visitors Center. I keep going back and forth on buying COA sets vs TPG coins MS/PF 69. I think the sets are the way to go for the most part unless you run into a deal. It seems for the price of a graded coin you can get the full set and other than storage I don’t see any downside since most of these coins are high grades. A MS/PR 68 TPG will always bring less than a COA set.
  • CoinHuskerCoinHusker Posts: 5,033 ✭✭✭
    Thanks BillJones and ttown! I really appreciate your thoughts and comments they've helped to pique my curiosity about this neat series. image
    Collecting coins, medals and currency featuring "The Sower"
  • Steve27Steve27 Posts: 13,275 ✭✭✭
    I like them as a way of buying gold, but I've been turned-off since the mint raised the prices. However I still have one:




    image
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
  • dthigpendthigpen Posts: 3,932 ✭✭
    I have 6 or 7 of them (just because you can buy PR69DCAM certified specimens of many of them for a bit over melt), I dig the '86 Statue of Liberty issue.
    Mr. Thigpen

    Self Indulgence | Holey Coins | Flickr Photostream
  • BeeManBeeMan Posts: 364 ✭✭✭
    I have two. This one and the WW2. I like this one the best.

    image
    Watch the mirror count the lines
    The battle scars of all the good times
  • BeeManBeeMan Posts: 364 ✭✭✭
    Duplicate post.
    Watch the mirror count the lines
    The battle scars of all the good times
  • BillJonesBillJones Posts: 34,814 ✭✭✭✭✭
    '86 Olympics???image

    You must mean the '96 Olympics. There were some neat designs there, and the coins are actually in sequence for the running of the Olympic torch through out America to Atlanta.

    Still there were just TOO MANY coins in the '96 Olympic set.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • dthigpendthigpen Posts: 3,932 ✭✭
    Erm, I actually meant '86 Statue of Liberty.. image
    Mr. Thigpen

    Self Indulgence | Holey Coins | Flickr Photostream
  • flaminioflaminio Posts: 5,664 ✭✭✭
    How about Mod Tenners?

    image
  • CoinHuskerCoinHusker Posts: 5,033 ✭✭✭
    All these posts and no bashing yet...I'm amazed! imageimageimage

    That 1995 Civil War example is mighty fine. I'm getting that certain feeling about this series .........






    ........image
    Collecting coins, medals and currency featuring "The Sower"
  • Steve27Steve27 Posts: 13,275 ✭✭✭
    Yep, I have a tenner too:



    image
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
  • dthigpendthigpen Posts: 3,932 ✭✭
    Favorite Tenner has to be the 2000-W LOC Bi-Metallic.
    Mr. Thigpen

    Self Indulgence | Holey Coins | Flickr Photostream
  • BillJonesBillJones Posts: 34,814 ✭✭✭✭✭


    << <i>All these posts and no bashing yet...I'm amazed! imageimageimage

    That 1995 Civil War example is mighty fine. I'm getting that certain feeling about this series .........






    ........image >>



    What's to bash? The coins are almost all attractive. People are paying fair money for them with reasonable premiums only being paid for lower mintage issues. It looks like the ideal collector situation to me!

    Now if we can just keep the speculators out of this market. image
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • CoinHuskerCoinHusker Posts: 5,033 ✭✭✭


    << <i>
    What's to bash? The coins are almost all attractive. People are paying fair money for them with reasonable premiums only being paid for lower mintage issues. It looks like the ideal collector situation to me!

    Now if we can just keep the speculators out of this market. image >>




    image I was just amazed that some "modern" boo-birds hadn't made a comment yet.


    A quick question, is the premium paid for slabbed examples really worth it? It seems like putting that same money towards the 4 and 6 coin sets in the original cherry wood case makes as much sense. imageimage
    Collecting coins, medals and currency featuring "The Sower"
  • cosmicdebriscosmicdebris Posts: 12,332 ✭✭✭
    Panda America has a special on them in NGC PR69 ULTRA CAMEO for for $131.00 a piece.
    Bill

    image

    09/07/2006
  • krankykranky Posts: 8,709 ✭✭✭
    The 1999 Washington $5 is my favorite. It's almost like owning a pattern.

    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.

  • CoinHuskerCoinHusker Posts: 5,033 ✭✭✭


    << <i>The 1999 Washington $5 is my favorite. It's almost like owning a pattern. >>



    That is a looker! image


    Is there any rational behind why the Mint chooses the years it does to make the $5 gold?
    Collecting coins, medals and currency featuring "The Sower"
  • PerryHallPerryHall Posts: 46,851 ✭✭✭✭✭


    << <i>

    << <i>The 1999 Washington $5 is my favorite. It's almost like owning a pattern. >>



    That is a looker! image


    Is there any rational behind why the Mint chooses the years it does to make the $5 gold? >>



    The mint doesn't choose. Only congress can choose.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • CoinHuskerCoinHusker Posts: 5,033 ✭✭✭


    << <i>
    The mint doesn't choose. Only congress can choose. >>




    That explains a lot! image



    image
    Collecting coins, medals and currency featuring "The Sower"
  • TomBTomB Posts: 22,080 ✭✭✭✭✭
    I have one set of these and it's the 1999 George Washington pair, in Mint box, as both MS and PF. It's my favorite design for this series and, ironically, is the only design made substantially before the series started as this coin is based on the 1931 contribution to the art from Laura Gardin Fraser.
    image
    Thomas Bush Numismatics & Numismatic Photography

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

    image
  • BillJonesBillJones Posts: 34,814 ✭✭✭✭✭
    The 1999 Washington $5 gold was one of the few coin sets that I bought from the mint. This design was to have been used for the Washington quarter, but treasury secretary Andrew Mellon overruled the Fine Arts Commission and everyone else and his buddy, John Flannigan's, design used instread. It was really unfair, and I always wanted an example of the Laura Frazer design.

    Interestingly enough this is one of only a few modern commemoratives that sell for more than the issue price. image
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?

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