Is the 2000-W Library of Congress 10$ Plat & Gold PCGS MS69 is maxed out price wise?

fivecents

Issue price in 2000 was $405. Greysheet bid is $2,600. It has a low mintage of 6,683.

I bought these for the long term, but with high prices like this has me wondering if I should sell now.

Is eric96 or any other modern guys in the house?

Bubblehead

If the proof issue were anything near 2.6K, I'd sell in a nano second!

rbalderman1

was thier a max amount you could buy from the mint?? I wish I was around in 2000. Great choice :&lt

fivecents

<< <i>If the proof issue were anything near 2.6K, I'd sell in a nano second! >>

The sad part is the proofs costs more than the uncs at issue price Bubblehead.



<< <i>was thier a max amount you could buy from the mint?? I wish I was around in 2000. Great choice >>

Thanks. There were no order limits on these from the US mint. I bought a few of these in Decemeber 2000 11:30 PM eastern standard time AKA at the last friggin minute. Back when the US mint was much easier to work with.

Rarity

I remember receiving a brochure from the Mint with the picture of this LoC coin but I wasn't interested in the coin at the time.

GritsMan

I would hang on to these. I also didn't like the design when it came out, but have since come to regard it as a really beautiful coin. With the low mintage, I think it's a long-term hold--and always fun to look at.

rbalderman1

What was the max mintage on these? 10,000? I remember seeing these for the first time probably abbout 3 years ago and thought they were ugly, but I like them now. It's hard to believe these sold for $400 back in 00', funny how things work.

smokincoin

Yes.

CoinHusker

I would imagine the intrinsic value of the precious metals is eating up the numismatic worth at the moment.

fivecents

<< <i>I would imagine the intrinsic value of the precious metals is eating up the numismatic worth at the moment. >>

With only 1/4 ounce of gold and 1/4 ounce of platinumin the coin.....we are a long ways from that happening Coinhusker.

CoinHusker

I simply meant that the pm worth has increased while the numismatic value has not.

fivecents

<< <i>I simply meant that the pm worth has increased while the numismatic value has not. >>


1/4 oz gold = approx $450+
1/4 OZ plat= approx $400+

Bid on the coin is $2,600 and back two years ago 2006 bid was $2,900. So the metals bull market has NOTHING to to with the price of this bid coin.

CHEESEBURGER

I was actually thinking of parting with mine, these coins have not seemed to have moved up in qite a while.

CoinMaster1229

I purchased 2 uncs. from the mint back then. I sold one for $2400.00 and still have the last one.

JrGMan2004

I've really felt that the Unc $10 LOCs have been overpriced for a while, as are the Unc Jackie Robinsons... I remember in Milwaukee a dealer was offered an Unc Jackie and he walked over to a well known modern dealer, and he offered 20% under sheet, because it was so overpriced, and hard to sell retail...

BECOKA

As long as the collector market keeps growing the demand for these will too. They might stabilize but I think they are far from maxed out.

TWQG

They've maxed and have begun to move down. It used to be my favorite coin until I sold it for an obscene profit.

BECOKA

<< <i>They've maxed and have begun to move down. It used to be my favorite coin until I sold it for an obscene profit. >>



If it is indeed moving down you can make it your favorite coin again.

eCoinquest

I would sell. I believe there will be a slow down on commem. collecting for a while. JMO though.

7Jaguars

Long run, good coins in that they are fairly scarce by modern standards, and I think the Jackie had very good dispersion despite rumors to the contrary. Price dependent it is problematic to determine their values. I think there may be a slowdown (ie drop) in the prices of these coins but that they may ultimately be some rather good coins.

JeremyDie1

<< <i>I would hang on to these. I also didn't like the design when it came out, but have since come to regard it as a really beautiful coin. With the low mintage, I think it's a long-term hold--and always fun to look at. >>



I agree. They are actually some of my favorite coins in my collection. I love the bi metallic look and concept of the gold and platinum on one coin.

Zoins

The LOCs are cool coins. The only bimetallic US coin. I love how the torch is plat but the flame is gold.

If you sold it, would you want one back in your collection in the future?