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2008 Proof Sets in Gold?
MrEureka
Posts: 23,943 ✭✭✭✭✭
Why not issue 2008 proof sets struck in gold? The Mint already does silver sets, so gold should be viable.
If it were up to me, the mintage would be fixed at 1000 and coins would be sold by lottery, with one application per family.
Assuming a mintage of 1000 sets, how high do you think the Mint can price the sets and be reasonably sure of a sell out?
If the sets sell out, the fixed mintage can be raised the next year without reducing the offering price. It would be cool to see mintages rise each year. It would almost guaranty the appreciation of earlier sets.
If it were up to me, the mintage would be fixed at 1000 and coins would be sold by lottery, with one application per family.
Assuming a mintage of 1000 sets, how high do you think the Mint can price the sets and be reasonably sure of a sell out?
If the sets sell out, the fixed mintage can be raised the next year without reducing the offering price. It would be cool to see mintages rise each year. It would almost guaranty the appreciation of earlier sets.
Andy Lustig
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
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Comments
many of you probably have me beat.....
1980
Should be FREE if you have to win a lottery to be able to get one.
(Priest) BLASPHEMY he said it again, did you hear him?
<< <i>The Mint would probably make more money on them if they just made the lottery tickets sell at a buck each. And as you said only mint 1000 sets.
SCRATCHIES, Where can I get some?????????????????????
The GRAND prize = the gold full proof sets
Top level PROOF (Second level uncirc gold)
second place = 1 oz gold coins (ticket says which coin)
1/2 oz
1/4 oz
1/10 oz
Third level
first place = silver sets
second place = clad sets
third place = other reg. mint products.
FREE TICKET, tickets
PS.
Edited prize list.
(Priest) BLASPHEMY he said it again, did you hear him?
It's easy to gold plate something
+
A basement slabber
=
A hard to weigh, high grade, "gold" proof set coin.
As far as the original idea...
I guess it would appeal to some folks and it seems like the mint could slip that into the die production schedule easily enough.
Dansco would have to issue gold pages or new albums or something.
So many ripples a change like this would have!
I think i'd stick to the larger chunks.
<< <i>Imagine the fraud on this.
It's easy to gold plate something
+
A basement slabber
=
A hard to weigh, high grade, "gold" proof set coin.
As far as the original idea...
I guess it would appeal to some folks and it seems like the mint could slip that into the die production schedule easily enough.
Dansco would have to issue gold pages or new albums or something.
So many ripples a change like this would have!
I think i'd stick to the larger chunks. >>
Make them SEALED sets. Impossible to remove without destroying the package. Removing the coins from the OMP would drop them to MELT value.
(Priest) BLASPHEMY he said it again, did you hear him?
<< <i>Why not issue 2008 proof sets struck in gold? The Mint already does silver sets, so gold should be viable.
If it were up to me, the mintage would be fixed at 1000 and coins would be sold by lottery, with one application per family.
Assuming a mintage of 1000 sets, how high do you think the Mint can price the sets and be reasonably sure of a sell out?
If the sets sell out, the fixed mintage can be raised the next year without reducing the offering price. It would be cool to see mintages rise each year. It would almost guaranty the appreciation of earlier sets. >>
Is it 1870 again?