New alltime low modern US mintage?
kiyote
Posts: 5,586 ✭✭✭✭✭
Unless my math is awful, I think we have a new one at 4,083!
Alla you proof platinum haters wave your arms and go "Dang!"
Err, and scroll down to the 2005 half oz.
Alla you proof platinum haters wave your arms and go "Dang!"
Err, and scroll down to the 2005 half oz.
"I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.
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But it is pretty impressive when you change from the 2003 link you gave to the 2005 the totals drop throught the floor.
To me the design for 2005 was not all that attractive compared to earlier designs.
in about 240 years when people become interested in the series except for registry sets?
How can you consider them coins? They are really just bullion (of course), but then again, they frequently sell for more than melt. Is it all just for the quest to get an MS70? Obviously there is a market for these, just not my cup of tea - but to each their own.
In regard to high cost of Platinum proofs and ?? of collecting the series it is worth noting that a man in basic labor made around $0.15/hr in 1910. For him to buy a $20 roman matte proof it required around 140 hours of labor. Today a man making $11.00/hr would need around same number of hours to buy a $100/1 oz Platinum proof.
<< <i>something makes me think this will maybe pay off for you....
in about 240 years when people become interested in the series except for registry sets? >>
I dunno, the tenth oz 2004s are already going for between $1,100 and $1250. Not bad for a $210.00 coin.
<< <i>Maybe its just me, but I do not understand collecting modern gold, platinum and silver "coins" (and I use that term in the loosest sense) that were never destined for circulation.
How can you consider them coins? They are really just bullion (of course), but then again, they frequently sell for more than melt. Is it all just for the quest to get an MS70? Obviously there is a market for these, just not my cup of tea - but to each their own. >>
They are in a sense, more coin of the realm than a 1999 or an 1899 proof or most
of the patterns. These coins weren't made for collectors, and while they don't cir-
culate as such they will trade based on their intrinsic value and aren't dependent
on being pristine to bring full value. Obviously there are collector versions as well.
It should come as no surprise that something made every year (and some with a
new design each year) would inspire some to collect them.
WH
<< <i>something makes me think this will maybe pay off for you....
in about 240 years when people become interested in the series except for registry sets? >>
As for the earlier years, there isn't a single proof platinum coin you could have bought from the mint that went down in value. >>
<< <i>Looks like all the 2005 mintages are lower than the 2004.
WH >>
It looks like it, Wayne, but I'd wait to hear from Eric Jordan.. he's the expert on proof platinums. I'm just one of his overly-excited pimple faced groupies.
When sales are finalized, do the numbers typically move up or down? I see that for the 2004 1/2 ounce, they report a total of 5,063 yet everyone else seems to report the number 4,886 as the final mintage on the 2004... Any ideas as to why this difference exists?
4,083 is a sweet number for the 1/2 ounce proofs!
Eric
Buying top quality Seated Dimes in Gem BU and Proof.
Buying great coins - monster eye appeal only.
This just may put me over the edge.
If you don't like them don't purchase them.....
I enjoy collecting the 1/10 oz coins having purchased the 2001-2006 coins so far.....
They seem to be a solid collection to put together.....
Let the naysayers continue to say nay, okay ?
edit to add: I'd take one platinum proof set over three gold buffalo bullion or proof coins any day of the week, or whatever equal value of gold proofs are in relation to cost of the platinum proof set.
<< <i>What is the difference between "mintage limit" and "product limit"? >>
I think "Mintage limit" is how many they can make, total, and product limit is how many can be sold individually. (They reserve a certain amount for the 4-coin sets)
-Amanda
I'm a YN working on a type set!
My Buffalo Nickel Website Home of the Quirky Buffaloes Collection!
Proud member of the CUFYNA
<< <i>Kiyote,
When sales are finalized, do the numbers typically move up or down? I see that for the 2004 1/2 ounce, they report a total of 5,063 yet everyone else seems to report the number 4,886 as the final mintage on the 2004... Any ideas as to why this difference exists?
4,083 is a sweet number for the 1/2 ounce proofs!
Eric >>
That's something Eric Jordan can answer far better than I can, but I remember inital 2004 half oz mintages were reported at 5,216, then revised to 5,095, then to 4,886, and now are back up over 5,000. I'm guessing the final 2005 proof mintages will be a couple of hundred + or -. That being said, I have the half ounce but still don't like it as much as the 2004; the 2005's design is terrible.
Its nice to profit from speculation once and a while! All too often, I'm on the other side ...
Eric
Any predictions? Of course, we can all wait 5 years and see what happens...
Eric
<< <i>Maybe its just me, but I do not understand collecting modern gold, platinum and silver "coins"... >>
For the same reasons people collect tea cups, thimbles, spoons, Beanie Babies, trading cards, Hotwheels, beer cans, metal lunch boxes, firearms, pr0n, figurines, art, .....
<< <i>I watched the sales figures of the 2005 1/4 pf plats all year last year and I beleive that the mints numbers are off by at least 1500 units. The actual figure will come out between 5500 and 6000. >>
I have a 2005 half oz... now may not be a bad time to sell it on eBay and quote the unrevised mintages from the US Mint's website... mmmm, opportunity!
I'm still kicking myself for not buying the 2004 1/2 oz in 2004. I hope the price I paid for mine doesn't turn out to be a really bad investment.
<< <i>I hope those mintages are correct. If so then I own just under 0.05% of the total mintage for the 2005 1/2 oz.
I'm still kicking myself for not buying the 2004 1/2 oz in 2004. I hope the price I paid for mine doesn't turn out to be a really bad investment. >>
Curiously, what did ya pay?
<< <i>
<< <i>I watched the sales figures of the 2005 1/4 pf plats all year last year and I beleive that the mints numbers are off by at least 1500 units. The actual figure will come out between 5500 and 6000. >>
I have a 2005 half oz... now may not be a bad time to sell it on eBay and quote the unrevised mintages from the US Mint's website... mmmm, opportunity! >>
mmmmmm, sounds like an integrity issue to me.
<< <i>
<< <i>
<< <i>I watched the sales figures of the 2005 1/4 pf plats all year last year and I beleive that the mints numbers are off by at least 1500 units. The actual figure will come out between 5500 and 6000. >>
I have a 2005 half oz... now may not be a bad time to sell it on eBay and quote the unrevised mintages from the US Mint's website... mmmm, opportunity! >>
mmmmmm, sounds like an integrity issue to me. >>
It doesn't sound like one to me!
Don't get to excited. What if 2006 is even lower ?!?!?
<< <i>What if 2006 is even lower ?!?!? >>
Then I would have already gotten one directly from the mint and won't have to pay a huge premium for it next year! With so many people buying that gold B***alo design from the mint over the past few weeks, maybe it will divert attention and purchasing resources away from the Platinums... I am perfectly happy with continously declining mintage figures in this series!
Eric
Eric