I take it then that nobody cares that the Mint did not follow its own guidelines and lower the price of the First Spouse coins that week like it said it would?
TD
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
<< <i>I take it then that nobody cares that the Mint did not follow its own guidelines and lower the price of the First Spouse coins that week like it said it would? >>
Just another step in the wrong direction for the coin collector by the US Mint. Turn the collectors off and the mintages will drop.
<< <i>A response from the US Mint has revealed that there is more to the pricing policy than published in the Federal Register. There are additional criteria defined within an internal policy that can override the published policy. Until now, these additional criteria had not been provided or revealed to the public. >>
<< <i>I take it then that nobody cares that the Mint did not follow its own guidelines and lower the price of the First Spouse coins that week like it said it would? >>
Just another step in the wrong direction for the coin collector by the US Mint. Turn the collectors off and the mintages will drop.
<< <i>A response from the US Mint has revealed that there is more to the pricing policy than published in the Federal Register. There are additional criteria defined within an internal policy that can override the published policy. Until now, these additional criteria had not been provided or revealed to the public. >>
AKA all bets are off! >>
I laugh every time I see how clueless a socialist government is in the free market. In their great wisdom they say hey, we are not making enough money so lets just raise the price assuming the sales numbers will stay the same. They are perplexed when the revenue is less with higher unit prices so what do they do- raise the price again. Brilliant. They seem to execute their tax policies in the same manner.
Gold and silver are valuable but wisdom is priceless.
At the less expensive end of the collecting spectrum, the 2009 (Satin Finish) Mint Set goes dark two days from now. The latest sales figures are under 800,000.
The 8 Lincoln cents in the set are of particular interest, as this set is the only way to obtain 2009 Philly and Denver cents in the original bronze composition. I expect that in the future, these Mint Set cents will be recognized as distinct coins, much as the 1982 bronze and zinc cents are today (along with the 1864 copper-nickel and bronze Indian cents).
With each of the 8 coins having a likely final mintage lower than that of the 1931-S cent (and each being a type coin to boot), I think they are a low-risk speculation at less than $2 per coin (valuing the other coins in the set at face).
<< <i>At the less expensive end of the collecting spectrum, the 2009 (Satin Finish) Mint Set goes dark two days from now. The latest sales figures are under 800,000.
The 8 Lincoln cents in the set are of particular interest, as this set is the only way to obtain 2009 Philly and Denver cents in the original bronze composition. I expect that in the future, these Mint Set cents will be recognized as distinct coins, much as the 1982 bronze and zinc cents are today (along with the 1864 copper-nickel and bronze Indian cents).
With each of the 8 coins having a likely final mintage lower than that of the 1931-S cent (and each being a type coin to boot), I think they are a low-risk speculation at less than $2 per coin (valuing the other coins in the set at face). >>
Thanks for the reminder. I may pick up a few more...
I wish PCGS would update thier First Spouse price guide. Louisa Adams is at $ 1650.00 in a 70 unc. It just makes me wonder about a 70 Julia unc. And the Jackson, Van Buren go for atleast $ 1200.00 in a 70. PCGS that is......
I just picked up a Jefferson's Liberty Proof in OGP from the BST. It arrived today.
I noticed a very small reddish looking spot at eye level between Lady Liberty's eye and her hair lock. It's only visible via a 5x loupe.
I didn't bother to bring this to the attn of the seller as this coin has little if any numismatic premium and I just got it so that I could have a complete Lib. subset.
Has anyone else noticed this on the Jeff (or any other Spouse)?
<< <i>At the less expensive end of the collecting spectrum, the 2009 (Satin Finish) Mint Set goes dark two days from now. The latest sales figures are under 800,000.
The 8 Lincoln cents in the set are of particular interest, as this set is the only way to obtain 2009 Philly and Denver cents in the original bronze composition. I expect that in the future, these Mint Set cents will be recognized as distinct coins, much as the 1982 bronze and zinc cents are today (along with the 1864 copper-nickel and bronze Indian cents).
With each of the 8 coins having a likely final mintage lower than that of the 1931-S cent (and each being a type coin to boot), I think they are a low-risk speculation at less than $2 per coin (valuing the other coins in the set at face). >>
I agree.
That said, I'm taking a bunch to Balto for slabbing. The OGP will eventually cause big time toning I'm told.
I am surprised they are getting that money for a ms69. Another boat I missed >>
The "First Strike" designation might have something to do with it. I know that First Strikes command a premium in MS and Proof 70, but are First Strikes also worth extra in 69?
I am surprised they are getting that money for a ms69. Another boat I missed >>
The "First Strike" designation might have something to do with it. I know that First Strikes command a premium in MS and Proof 70, but are First Strikes also worth extra in 69? >>
I just picked up a Jefferson's Liberty Proof in OGP from the BST. It arrived today.
I noticed a very small reddish looking spot at eye level between Lady Liberty's eye and her hair lock. It's only visible via a 5x loupe.
I didn't bother to bring this to the attn of the seller as this coin has little if any numismatic premium and I just got it so that I could have a complete Lib. subset.
Has anyone else noticed this on the Jeff (or any other Spouse)?
Does anyone know what these small red spots are?
Thanks, Ron >>
I had a Martha proof that got some red "stains" in it after sitting in a SDB for awhile. Maybe some of the gold was not in pure form and it oxidized. I was wondering how that could happen with 0.9999 fine gold.
Gold and silver are valuable but wisdom is priceless.
I just picked up a Jefferson's Liberty Proof in OGP from the BST. It arrived today.
I noticed a very small reddish looking spot at eye level between Lady Liberty's eye and her hair lock. It's only visible via a 5x loupe.
I didn't bother to bring this to the attn of the seller as this coin has little if any numismatic premium and I just got it so that I could have a complete Lib. subset.
Has anyone else noticed this on the Jeff (or any other Spouse)?
Does anyone know what these small red spots are?
Thanks, Ron >>
I had a Martha proof that got some red "stains" in it after sitting in a SDB for awhile. Maybe some of the gold was not in pure form and it oxidized. I was wondering how that could happen with 0.9999 fine gold. >>
I had a Martha proof that got some red "stains" in it after sitting in a SDB for awhile. Maybe some of the gold was not in pure form and it oxidized. I was wondering how that could happen with 0.9999 fine gold.
The red stains are the .0001
or maybe it's not actually .9999 fine gold -- hmm... if that were the case, would it qualify as an error?
<< <i>fivecents...what was and when was the Graysheet max on the buffs? >>
I don't know Raufus, I haven't been keeping up with the pricing that closely. The minus and pluses by the price show the price changes for this week. The greysheet publishes the gold buffalo prices every two weeks.
Eric's new book Modern Commemorative Coins will arrive in the warehouse on Tuesday, June 22, and will be shipped to bookstores within days.
He did a fantastic job! He gives great tips on what to buy and has the most accurate mintages for commemoratives.
You can order it now at www.shopnumismaster.com/?r=numdbbl061810Z7651
Yes, I am a fan!
A box full of pennies, a coin folder and a rainy afternoon with grandpa. We may not have made any money, but we sure made memories. Time to make some memories with another little girl. Pay it forward.
I think it is the 2008 proof platinums turn. They seem to be flying under the radar with everthing else that went on in 2008. The book should be interesting. I ordered mine in February it seems like it has been an eternity for it to be finally getting close to receiving.
Guys go to amazon and look up our book. It has all the master mintage listings and the books first 20 pages showing. If nothing else you can print out the mintage listings.... all of it.
I just looked over the pages shown on Amazon. Looks like a very well-done book. Hopefully, my (2) copies will get here sometime soon. Congrats, Eric! Well Done!
Q: Are You Printing Money? Bernanke: Not Literally
Nice to be able to read portions of the book while waiting for the printed copy to arrive!
On page 229, the Mint State Gold Eagle table appears to have the mintages shifted one column to the left from their respective headers - maybe that can be adjusted for the next edition.
I wonder why the mint has added this little tidbit to their pricing grid.
Note: The United States Mint reserves the right to discontinue sale of gold numismatic products in the event that the selling price of United States Mint gold bullion products begin approaching the sale price of the gold numismatic products.
If that happens then mintages on gold coins could end at very low levels.
<< <i> Note: The United States Mint reserves the right to discontinue sale of gold numismatic products in the event that the selling price of United States Mint gold bullion products begin approaching the sale price of the gold numismatic products. >>
Maybe this is a way out for the mint should spot gold (or whatever PM) rocket past the price of a given numismatic item before the normal Thursday price reset. For example, if gold jumped $200 in a couple days, most of the First Spouse gold could be had for below spot if they didn't halt sales.
Sounds like they are worried about a rapid spike in gold/platinum prices occuring between previously announced repricing intervals.
That was what made 2008 such a great year.
There were times in 2008 that the mint got killed by slow repricing of product during bullion spikes and in turn they got killed by the 30 day return guarantee when prices crashed.
2008 was for the astute collector of modern coins a year we will likely never see again.
It certainly was the reason mint ended 30 day return policy and instituted regular repricing of bullion based coins.
<< <i>Sounds like they are worried about a rapid spike in gold/platinum prices occuring between previously announced repricing intervals.
That was what made 2008 such a great year.
There were times in 2008 that the mint got killed by slow repricing of product during bullion spikes and in turn they got killed by the 30 day return guarantee when prices crashed.
2008 was for the astute collector of modern coins a year we will likely never see again.
It certainly was the reason mint ended 30 day return policy and instituted regular repricing of bullion based coins. >>
Also take notice that they're not abiding by their published pricing structure.
<< <i>I wonder why the mint has added this little tidbit to their pricing grid.
Note: The United States Mint reserves the right to discontinue sale of gold numismatic products in the event that the selling price of United States Mint gold bullion products begin approaching the sale price of the gold numismatic products.
If that happens then mintages on gold coins could end at very low levels. >>
This also assists the in pulling product that is "In Process" when Thursday or a large jump occurs; thus,
the Buffalos or Spouses you have in your account can either be re-priced or pulled and you may be
required to reorder at a higher, not lower, price.
On page 229, the Mint State Gold Eagle table appears to have the mintages shifted one column to the left from their respective headers - maybe that can be adjusted for the next edition.
Comments
<< <i>Mint Explains PM Coin Pricing Policy - minimizing would be changes due to volatility >>
I take it then that nobody cares that the Mint did not follow its own guidelines and lower the price of the First Spouse coins that week like it said it would?
TD
I can't help but wonder if once this is well-known, more internal criteria are used in an effort to prevent gaming the price changes.....
<< <i>I take it then that nobody cares that the Mint did not follow its own guidelines and lower the price of the First Spouse coins that week like it said it would? >>
Just another step in the wrong direction for the coin collector by the US Mint. Turn the collectors off and the mintages will drop.
<< <i>A response from the US Mint has revealed that there is more to the pricing policy than published in the Federal Register. There are additional criteria defined within an internal policy that can override the published policy. Until now, these additional criteria had not been provided or revealed to the public. >>
AKA all bets are off!
<< <i>
<< <i>I take it then that nobody cares that the Mint did not follow its own guidelines and lower the price of the First Spouse coins that week like it said it would? >>
Just another step in the wrong direction for the coin collector by the US Mint. Turn the collectors off and the mintages will drop.
<< <i>A response from the US Mint has revealed that there is more to the pricing policy than published in the Federal Register. There are additional criteria defined within an internal policy that can override the published policy. Until now, these additional criteria had not been provided or revealed to the public. >>
AKA all bets are off!
I laugh every time I see how clueless a socialist government is in the free market. In their great wisdom they say hey, we are not making enough money so lets just raise the price assuming the sales numbers will stay the same. They are perplexed when the revenue is less with higher unit prices so what do they do- raise the price again. Brilliant. They seem to execute their tax policies in the same manner.
The 8 Lincoln cents in the set are of particular interest, as this set is the only way to obtain 2009 Philly and Denver cents in the original bronze composition. I expect that in the future, these Mint Set cents will be recognized as distinct coins, much as the 1982 bronze and zinc cents are today (along with the 1864 copper-nickel and bronze Indian cents).
With each of the 8 coins having a likely final mintage lower than that of the 1931-S cent (and each being a type coin to boot), I think they are a low-risk speculation at less than $2 per coin (valuing the other coins in the set at face).
My Adolph A. Weinman signature
<< <i>At the less expensive end of the collecting spectrum, the 2009 (Satin Finish) Mint Set goes dark two days from now. The latest sales figures are under 800,000.
The 8 Lincoln cents in the set are of particular interest, as this set is the only way to obtain 2009 Philly and Denver cents in the original bronze composition. I expect that in the future, these Mint Set cents will be recognized as distinct coins, much as the 1982 bronze and zinc cents are today (along with the 1864 copper-nickel and bronze Indian cents).
With each of the 8 coins having a likely final mintage lower than that of the 1931-S cent (and each being a type coin to boot), I think they are a low-risk speculation at less than $2 per coin (valuing the other coins in the set at face). >>
Thanks for the reminder. I may pick up a few more...
I missed the entry level of that Mint-Boat.
Miles
<< <i>The UNC Gold Julia continues to ascend!
I missed the entry level of that Mint-Boat.
Miles >>
I am surprised they are getting that money for a ms69. Another boat I missed
I just picked up a Jefferson's Liberty Proof in OGP from the BST. It arrived today.
I noticed a very small reddish looking spot at eye level between Lady Liberty's eye and her hair lock. It's only visible via a 5x loupe.
I didn't bother to bring this to the attn of the seller as this coin has little if any numismatic premium and I just got it so that I could have a complete Lib. subset.
Has anyone else noticed this on the Jeff (or any other Spouse)?
Does anyone know what these small red spots are?
Thanks, Ron
<< <i>At the less expensive end of the collecting spectrum, the 2009 (Satin Finish) Mint Set goes dark two days from now. The latest sales figures are under 800,000.
The 8 Lincoln cents in the set are of particular interest, as this set is the only way to obtain 2009 Philly and Denver cents in the original bronze composition. I expect that in the future, these Mint Set cents will be recognized as distinct coins, much as the 1982 bronze and zinc cents are today (along with the 1864 copper-nickel and bronze Indian cents).
With each of the 8 coins having a likely final mintage lower than that of the 1931-S cent (and each being a type coin to boot), I think they are a low-risk speculation at less than $2 per coin (valuing the other coins in the set at face). >>
I agree.
That said, I'm taking a bunch to Balto for slabbing. The OGP will eventually cause big time toning I'm told.
<< <i>
<< <i>The UNC Gold Julia continues to ascend!
I missed the entry level of that Mint-Boat.
Miles >>
I am surprised they are getting that money for a ms69. Another boat I missed
Qutie a gamble I believe. I think that there could easily be several Spouses with lower mintages...
<< <i>
<< <i>The UNC Gold Julia continues to ascend!
I missed the entry level of that Mint-Boat.
Miles >>
I am surprised they are getting that money for a ms69. Another boat I missed
The "First Strike" designation might have something to do with it. I know that First Strikes command a premium in MS and Proof 70, but are First Strikes also worth extra in 69?
My Adolph A. Weinman signature
<< <i>
<< <i>
<< <i>The UNC Gold Julia continues to ascend!
I missed the entry level of that Mint-Boat.
Miles >>
I am surprised they are getting that money for a ms69. Another boat I missed
The "First Strike" designation might have something to do with it. I know that First Strikes command a premium in MS and Proof 70, but are First Strikes also worth extra in 69? >>
I wonder what the next MS70FS will bring.
<< <i>Jefferson's Liberty Proof question....
I just picked up a Jefferson's Liberty Proof in OGP from the BST. It arrived today.
I noticed a very small reddish looking spot at eye level between Lady Liberty's eye and her hair lock. It's only visible via a 5x loupe.
I didn't bother to bring this to the attn of the seller as this coin has little if any numismatic premium and I just got it so that I could have a complete Lib. subset.
Has anyone else noticed this on the Jeff (or any other Spouse)?
Does anyone know what these small red spots are?
Thanks, Ron >>
I had a Martha proof that got some red "stains" in it after sitting in a SDB for awhile. Maybe some of the gold was not in pure form and it oxidized. I was wondering how that could happen with 0.9999 fine gold.
<< <i>
<< <i>Jefferson's Liberty Proof question....
I just picked up a Jefferson's Liberty Proof in OGP from the BST. It arrived today.
I noticed a very small reddish looking spot at eye level between Lady Liberty's eye and her hair lock. It's only visible via a 5x loupe.
I didn't bother to bring this to the attn of the seller as this coin has little if any numismatic premium and I just got it so that I could have a complete Lib. subset.
Has anyone else noticed this on the Jeff (or any other Spouse)?
Does anyone know what these small red spots are?
Thanks, Ron >>
I had a Martha proof that got some red "stains" in it after sitting in a SDB for awhile. Maybe some of the gold was not in pure form and it oxidized. I was wondering how that could happen with 0.9999 fine gold. >>
Yes, the fact that it is .9999 is what gets me.
The red stains are the .0001
or maybe it's not actually .9999 fine gold -- hmm... if that were the case, would it qualify as an error?
<< <i>For you Julia Tyler Unc wannabe fans, MCM has a few (3) MS70's. >>
Just checked - sold out. What was he selling them for? Thanks, Ron
<< <i>
<< <i>For you Julia Tyler Unc wannabe fans, MCM has a few (3) MS70's. >>
Just checked - sold out. What was he selling them for? Thanks, Ron >>
They were selling at $935 Ron. Check back as they periodically & Unpredictably seem to add stock.
Interestingly, the Julia Proof 70's are going for $100 more than the UNC 70's were at MCM.
I quote their prices as I am not finding inventory anywhere else. Anyone have luck elsewhere?
Miles
<< <i>Ok, so what are the grey sheet numbers for the Buffs? >>
Here you go...
Greysheet BID prices for the weekly June 11 issue.
2008-W Gold buffallos
Denom.......Unc.................Proof
1/10..........$525..............$560
1/4............$1.600...........$1,550
1/2............$1,325-..........$1,525
1 OZ..........$3,000...........$3,600
4 piece set..$6,300+.........$6,750-
fivecents...what was and when was the Graysheet max on the buffs?
Thanks!!
<< <i>fivecents...what was and when was the Graysheet max on the buffs? >>
I don't know Raufus, I haven't been keeping up with the pricing that closely. The minus and pluses by the price show the price changes for this week. The greysheet publishes the gold buffalo prices every two weeks.
He did a fantastic job! He gives great tips on what to buy and has the most accurate mintages for commemoratives.
You can order it now at www.shopnumismaster.com/?r=numdbbl061810Z7651
Yes, I am a fan!
Thanks for coming to see us on our "little" moderns thread!
Eric
<< <i>Eric's new book Modern Commemorative Coins will arrive in the warehouse on Tuesday, June 22, and will be shipped to bookstores within days.
He did a fantastic job! He gives great tips on what to buy and has the most accurate mintages for commemoratives.
You can order it now at www.shopnumismaster.com/?r=numdbbl061810Z7651
Yes, I am a fan! >>
I just can't wait to get the book!! I ordered from Amazon a while ago. Hopefully they will ship soon.
This should be interesting....
A well done auction for a Julia PCGS MS70 by a seller who seems to know moderns well.
Eric
I knew it would happen.
Thank you!
On page 229, the Mint State Gold Eagle table appears to have the mintages shifted one column to the left from their respective headers - maybe that can be adjusted for the next edition.
Link on Amazon
My Adolph A. Weinman signature
Note: The United States Mint reserves the right to discontinue sale of gold numismatic products in the event that the selling price of United States Mint gold bullion products begin approaching the sale price of the gold numismatic products.
If that happens then mintages on gold coins could end at very low levels.
<< <i> Note: The United States Mint reserves the right to discontinue sale of gold numismatic products in the event that the selling price of United States Mint gold bullion products begin approaching the sale price of the gold numismatic products. >>
Maybe this is a way out for the mint should spot gold (or whatever PM) rocket past the price of a given numismatic item before the normal Thursday price reset. For example, if gold jumped $200 in a couple days, most of the First Spouse gold could be had for below spot if they didn't halt sales.
mbogoman
https://pcgs.com/setregistry/collectors-showcase/classic-issues-colonials-through-1964/zambezi-collection-trade-dollars/7345Asesabi Lutho
That was what made 2008 such a great year.
There were times in 2008 that the mint got killed by slow repricing of product during bullion spikes and in turn they got killed by the 30 day return guarantee when prices crashed.
2008 was for the astute collector of modern coins a year we will likely never see again.
It certainly was the reason mint ended 30 day return policy and instituted regular repricing of bullion based coins.
<< <i>Sounds like they are worried about a rapid spike in gold/platinum prices occuring between previously announced repricing intervals.
That was what made 2008 such a great year.
There were times in 2008 that the mint got killed by slow repricing of product during bullion spikes and in turn they got killed by the 30 day return guarantee when prices crashed.
2008 was for the astute collector of modern coins a year we will likely never see again.
It certainly was the reason mint ended 30 day return policy and instituted regular repricing of bullion based coins. >>
Also take notice that they're not abiding by their published pricing structure.
<< <i>I wonder why the mint has added this little tidbit to their pricing grid.
Note: The United States Mint reserves the right to discontinue sale of gold numismatic products in the event that the selling price of United States Mint gold bullion products begin approaching the sale price of the gold numismatic products.
If that happens then mintages on gold coins could end at very low levels. >>
This also assists the in pulling product that is "In Process" when Thursday or a large jump occurs; thus,
the Buffalos or Spouses you have in your account can either be re-priced or pulled and you may be
required to reorder at a higher, not lower, price.
Miles
Link on Amazon >>
Looks like an error book. Maybe a collectors item in more than one way.
Eric
It's nice to know that their true rarity is being appreciated!
My Adolph A. Weinman signature
