Elizabeth Monroe Proof $619.95, who will buy at this price?
GUINZO1975
Posts: 182
In the upcoming products section of the US Mint web site, it states that the Uncirculated coin will be $599.95 and the Proof will be $619.95. In addition, the 40,000 mintage will be minted according to demand between the proof and uncirculated. Should be interesting, perhaps some keys in the making.......
GUINZO1975
0
Comments
Wow, that is a lot of dough to cough up for such an ugly coin. I am going to pick a PCGS PR70DCAM and an MS70 up on eBay for 800 each. The mint still has a 1 coin per household too? Didn't they check their sales on the Dolly Madison coin? They aren't even close to selling out. HELLO, anyone home?
There will be some very low mintages.... but the Liberty coins will remain the MAIN desirable set of the group.
<< <i>Link to Product Page
Wow, that is a lot of dough to cough up for such an ugly coin. I am going to pick a PCGS PR70DCAM and an MS70 up on eBay for 800 each. The mint still has a 1 coin per household too? Didn't they check their sales on the Dolly Madison coin? They aren't even close to selling out. HELLO, anyone home? >>
Personal views aside, the Mint's order restrictions have accomplished what they set out to do, ensure the fairest and widest distribution for their products while at the same time maintaining a succesful First Spouse coin program.
Miles
Im sorry, Im not a participant in collecting these coins, and please take what I say with a grain of salt.
Is the collector base sufficent to generate and maintain interest in these coins over the L O N G term, in that will these low mintages indeed be considered Key material numbers, and drive prices to a higher level? Seems to me that they are very much satisfying now and future demand with the quantities minted. Since basically none of these will be damaged or lost to circulation, and the only attritition will be caused by brutal melting, how can value other than melt be sustained?
sorry to ruffle anyone who is into these coins, I understand that desire, but how will this series (in the light of the hundreds of commerative issues) stand out from other current mint offerings?
<< <i>Man, $600 is a lot of dough for 1/2 ounce of gold. I want to do the liberties, but I am starting to reconsider. >>
Yes, the price is getting high enough to reconsider even the desirable 4 coin Liberty set......
Will they melt them?
Gardnerville, NV
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Will I be able to kick myself in 100 yrs when their worth multiples of purchase price, for not buying one ?
Edit :
Correct use of English
... when their worth is multiples of puchase price, or
... when they're worth multiples of purchase price, or...
when there, kick yourself !!!
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<< <i>Hard to picture the idea of this first spouse program surviving very long.... >>
Wouldn't new legislation have to be passed in order to stop it?
How about a indian $10 in 58. a beauty to behold.
<< <i>What is a good classic gold coin that can be had for $600? Just so I have some comparison. >>
I'm thinking not for long!
Bullions coins only in our lifetimes IMO. This series has no collector base now, are ugly, and to expensive to build a complete set. With a 10 year mintage gold will be going way up IMO killing most of the gold coin collectors. I think some of you should consider the Classic gold coins that can be purchased for less than that and their mintages really have no meaning since they've been melted in large numbers.
Box of 20
<< <i>Yes I will when GOLD gets to $1200 and the Mint gets ready to pull them.
Miles >>
Good point, seems to have worked out well for the platinum anniversary set.
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<< <i>Yes I will when GOLD gets to $1200 and the Mint gets ready to pull them.
Miles >>
Good point, seems to have worked out well for the platinum anniversary set.
Like the First Spouses, those that purchased the 10th anniversary set and submitted in time for the First StrikeSM deadline did the best.
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<< <i>Yes I will when GOLD gets to $1200 and the Mint gets ready to pull them.
Miles >>
Good point, seems to have worked out well for the platinum anniversary set.
Like the First Spouses, those that purchased the 10th anniversary set and submitted in time for the First StrikeSM deadline did the best. >>
Yeah I have done this. I just seem to always be on the tail end of things and either break even or lose slightly after shipping, grading fees, ebay fees, Paypal fees. etc...
With the 10th Anniversary I had a 69/70 First Strike set and I think it sold for less than $2400 on e-bay. After all of the fees that's pretty close to breaking even. It was also when Platinum was below 2K.
<< <i>
<< <i>
<< <i>
<< <i>Yes I will when GOLD gets to $1200 and the Mint gets ready to pull them.
Miles >>
Good point, seems to have worked out well for the platinum anniversary set.
Like the First Spouses, those that purchased the 10th anniversary set and submitted in time for the First StrikeSM deadline did the best. >>
Yeah I have done this. I just seem to always be on the tail end of things and either break even or lose slightly after shipping, grading fees, ebay fees, Paypal fees. etc...
With the 10th Anniversary I had a 69/70 First Strike set and I think it sold for less than $2400 on e-bay. After all of the fees that's pretty close to breaking even. It was also when Platinum was below 2K. >>
That's why it's improtant to play the odds and submit more than one set if you are planning to short them. The return made on the 70 set will outweigh any potential downside to the 69 set.
I say, leave them all to Buffalo and Myself