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OMG! US MINT at it Again!

Eagle and Buffalo in Prosperity Set
By Numismatic News
July 24, 2008
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Just as the 2008 Buffalo one-ounce and fractional gold coins were put on sale July 22, the U.S. Mint announced a special 8-8-08 Double Prosperity Set also would be offered to collectors starting Aug. 1.

Price was not set by press time.

The set will feature two gold coins, one is an uncirculated 2008-W half-ounce Buffalo and the other is an uncirculated 2008-W half-ounce American Eagle.

This is the second issue in the Mint's Celebration series, which was launched in February. The Mint notes that the number "8" is traditionally associated with prosperity in Asia and the triple "8" date occurs just once every 100 years.

The set comes in a special hardwood box. Orders may be placed on the Web site at www.usmint.gov, or by telephone at (800) USA-MINT.

Comments

  • ArtistArtist Posts: 2,013 ✭✭✭
    Triple - 8 date? This in and of itself is worth celebrating?

    I actually think I would be more impressed if the struck a special coin to commemorate the occasion -

  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Of course, no one need buy these offerings...as far as the Mint goes.. the more it offers, the more customers it attracts... The mint has a business branch.. and it is profitable. Cheers, RickO
  • TheRavenTheRaven Posts: 4,148 ✭✭✭✭
    Another packaging option from the mint....

    Does not mean a thing to me, nor most of the members of this board....

    Move along, nothing to see here.....
    Collection under construction: VG Barber Quarters & Halves
  • nycounselnycounsel Posts: 1,229 ✭✭
    no one need buy these offerings

    The Mint could also start making colorized coins, gold plated coins, coins with NBA and NASCAR racing figures painted on them, and you could still say "you don't have to buy them"

    The Mint should have a little more dignity.
    Dan
  • TheRavenTheRaven Posts: 4,148 ✭✭✭✭
    They are obviously targetting the Asian market, hense the reason to introduce the 24k buffalo coins.....

    So now they are looking at coins that they think might be popular over there, they are not selling colored coins or stuff like that like are neighbor to the north.....

    It is the marketing department trying to make more money, what else is new about that.....
    Collection under construction: VG Barber Quarters & Halves
  • I've been buying the uncut currency from the BEP with the special 8's in the serial for years to give as gifts to my Asian relatives. They get a kick out of it. I'll more than likely buy this set for a gift.

    This special offer by the US Mint is most likely geared toward their Asian buyers. You know the main reason they went to the pure 24K buffalo was to entice other countries, namely Asian and Indian countries to buy our gold. To anyone but an American, it seems really stupid to buy an 18K to 22K "coin" when one can get .999 Fine gold from other nations.

    Jonathan
    I have been a collector for over mumbly-five years. I learn something new every day.
  • lope208lope208 Posts: 1,960 ✭✭


    << <i>Triple - 8 date? This in and of itself is worth celebrating?

    I actually think I would be more impressed if the struck a special coin to commemorate the occasion - >>



    Wait til next September. I hear the 09/09/09 package will include both the 1 oz. gold Buff and Eagle, plus all 8
    First Spouse issues for the year.










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  • HyperionHyperion Posts: 7,440 ✭✭✭
    absolutely aimed dead center at the asian market.
  • CoinspongeCoinsponge Posts: 3,927 ✭✭✭
    It takes a real set of-em to do that. Frankly, I am tired of China with all of their junk flooding our stores while they arm every thug and tyrant around the world with our technology. I have been trying to find a pair of shoes that does not say made in China but gave up today.
    Gold and silver are valuable but wisdom is priceless.
  • nycounselnycounsel Posts: 1,229 ✭✭
    Of course they are targeted to the Asian market.

    That's really not the issue.

    There's another thread going right now about "Oath" dollars from the Denver Mint, or at least the Denver Mint shop.

    They are slabbed by ANACS.

    Am I really the only one who thinks the Mint has lost its way?

    No, the Mint isn't making colored coins, yet. But there is a market for those too.

    With satin finish, burnished uncirculated, reverse proof, it's only a matter of time.





    Dan


  • << <i>Of course, no one need buy these offerings...as far as the Mint goes.. the more it offers, the more customers it attracts... The mint has a business branch.. and it is profitable. Cheers, RickO >>



    image
  • fivecentsfivecents Posts: 11,207 ✭✭✭✭✭
    I bet dimes to dollars that PCGS will label these coins "Prosperity Set" if sent in cold ( sealed in Fedex shipping box).
  • fivecentsfivecents Posts: 11,207 ✭✭✭✭✭
    I bet dimes to dollars that PCGS will label these coins "Prosperity Set" if sent in cold ( sealed in Fedex shipping box).
  • ca0100000ca0100000 Posts: 362 ✭✭
    PCGS said they were going to label the celebration buffalo and then changed their mind.
  • Don't things like this devalue the coins?
    -Rome is Burning

    image
  • fivecentsfivecents Posts: 11,207 ✭✭✭✭✭


    << <i>PCGS said they were going to label the celebration buffalo and then changed their mind. >>

    Wise move by PCGS. Too many BS labels could drag this hobby down.
  • nycounselnycounsel Posts: 1,229 ✭✭
    Wise move by PCGS. Too many BS labels could drag this hobby down.

    If only the Mint showed equal discretion.

    Dan
  • orevilleoreville Posts: 12,145 ✭✭✭✭✭
    The US Mint's move is called the Canadianization of the US Mint.

    A Collectors Universe poster since 1997!
  • FullStrikeFullStrike Posts: 4,353 ✭✭✭
    Ooops. The 1/2 oz Gold Bu's waiting for me at the PO just got a spot on my " SHIP BACK to MINT " list.
  • GemineyeGemineye Posts: 5,374
    You wan't noodles with that order....!!!!.....?????......image
    ......Larry........image

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