Boy Scout Commemorative selling fast

boucharda

200,000 sold in the first 5 days of sales:

Scouts

morgansforever

Guess they are popular, the design is numb, does nothing for me.
They'll be all over Ebay soon, if not already. Why is there a female on the design?

ricko

"Why is there a female on the design?"
I did not understand this either, but was informed that the 'Venture Scouting' program (over eighteen) includes females. I was not familiar with this part of the Scout organization. Cheers, RickO

UtahCoin

Did the Mint actually sell them at the ANA show on Saturday?

Eagleguy

True, but the only problem I have with that Ricko is that the coin celebrates the 100th anniversary of the founding of the Boy Scouts. Cub Scouting and the Venturing (formerly Explorer) program came later than 1910 and therefore, in my opinion, shouldn't be included on the coin.

JH

Steve27

The more interesting statistic would be the number of orders; that would indicate if individuals are really interested in this coin or if speculators are buying them up.

messydesk

As an Eagle Scout, myself, I had once thought of buying one of these. Then the sterile, insipid, PC design was revealed, and I decided that if I bought one, it would be for a flip. Now I don't even think I'll bother doing that. Another 150,000 coins is a lot to sell into this market after the first several days failed to generate even a fizzled frenzy, much less a frothy one. Not even a single ***OFFICIAL*** thread with order numbers. Granted, The Big One™ trumped all other activity for a while, but there appear to be far too many crickets in the audience for me to act on this issue.

MsMorrisine

there is an official thread with some order numbers.

It's not crazy like lincoln was, and I can't help but wonder if some amount of a frenzy was generated once they went on sale and some realized they were selling as indicated by reports of the site being slow. How many speculators did the slowness draw in?

SportsModerator

There was/is an official thread. I have a succinct feeling that this might be a good one (dare I say it? The Big One?), and acted accordingly. What is called 'Thematic' or better known as 'Topical' collecting, especially in Europe as Scouting is a very popular theme and collectors look for any coin with their area of interest pictured. Did anyone actually read the linked article?....and I quote: ".................................and have topped last year’s opening sales week of the extremely popular 2009 Abraham Lincoln Bicentennial commemorative which eventually sold out." Topped! That's a red flag if ever there was one.

Just my 0.02

boucharda

I agree. More 1st week sales than the hyped Abe coins is what got my attention......

messydesk

Hmm... So perhaps I'm wrong about the frenzy bit, then, and I may rethink buying to flip. One big difference between this and the Lincoln sets that were really hot for a while last year is the ordering limit. I wonder how this is affecting the speed at which sales are adding up.

SportsModerator

Don't go on anything that I might say. Heck, I'm still waiting for the 05 mint sets to boom with that unique satin finish that everyone will want

sinin1

350,000 seems like a high mintage for a winner


have there been any other recent winners with that many sold?

pitboss

I suspect that there are a lot of 100 coin orders out there with the tv people in the lead with many thousands of orders.

I guess I will order one after all.

Steve27

<< <i>350,000 seems like a high mintage for a winner


have there been any other recent winners with that many sold? >>




The 2001 Buffalo had a total of 500,000 between proofs/uncs.

Classof67

SM1, I'm with you, received 25 of each Friday, but like you say, who knows. But I'm sure we'll at least break even. And I'm sitting on 200 sets of "rare" LP4 Lincoln sets that I thought would be sold out by now!

19Lyds

<< <i>

<< <i>350,000 seems like a high mintage for a winner


have there been any other recent winners with that many sold? >>




The 2001 Buffalo had a total of 500,000 between proofs/uncs. >>



"Really?" he asks with a surprised look on his face.

"I always thought those were down in the 30,000 numbers given their current selling prices."

But then, I think the design has a LOT to do with the Buffalo's popularity. For whatever reason, the Indian Chief and Buffalo are simply awesome on these coins at that size!

MsMorrisine

2010 Red Book::

2001D MS Buff - 227,131
2001P Proof Buff - 272,869

Power of the design....


Is coinnews.net reliable?
(I guess I'll found out when the mint stats come out. NN has links to the old ones from last year. So they can be compared.)

19Lyds

<< <i>Red Book::

2001D MS Buff - 227,131
2001P Proof Buff - 272,869

Power of the design....


Is coinnews.net reliable? >>



Those are the same figures reported by PCGSCoinfacts.com

metalmeister

I'm sorry, I must be too old. A girl on the boyscouts commem?
What's next , a boy on the Girl Scouts commem?
This P.C. stuff is going to end badly.

messydesk

<< <i>

<< <i>350,000 seems like a high mintage for a winner
have there been any other recent winners with that many sold? >>



The 2001 Buffalo had a total of 500,000 between proofs/uncs. >>


Can't compare with Buffalo. It was a popular, good design, even though poorly executed. BSA design is crap.

shorecoll

There might be a brief flipper pop (new term), maybe driven by HSN, but long term I think it's a slug.

ebizgobro

I just received two Unc and two Proof Boy Scout Coins.

Based upon this small sample, I would not expect any perfect coins. The quality is better than the Lincoln coins which I got last year.
At first glance, the uncirculated coins looked fine but under a small magnifier, you could see the small luster breaks on the observe and some small pinpoint specks on the reverse.
The proof coins were easier to review. They both had small pinpoint specks on the reverse at about 1 o'clock.

I bought these for my nephew who just made eagle scout and I think he will enjoy them.

Musky1011

Venturing allows females 15-20 years old. The females are there to keep the male youth involved
With the BSA over a million strong today not including adults and people that have gone on from
Scouting 350,000 isnt enough just for the kids involved today

Think about it

I saw these on TV last night $149 ANACS PR70

Musky1011

1 unit of each shipped today from the mint---WOOHOO