Buchanan Liberty Sell Out Question

HIGHLOWLEAVES

Your imput is welcome.... Assumming the Buchanan Liberty First Spousal Gold Coins are a 15,000 total sellout, how many days/weeks/months must it take to sellout for us knowledgeable collectors/Flippers to declare the issue to be a winner ? Early prices on Ebay do not necessarily spell future value for an issue. If the MS Buchanans come in as say 60% of the Proof mintage, is that a winner ? Your thoughts are weclomed. Thanks, Mark.

7over8

IMO, it will not be a 15k issue. And it will sellout fast. Planchet limitations is my guess, anticipated demand, etc.

And the money coin will be the PR70 DCAM FS.

Overdate

My guess (and it is just that, a guess) is that the 15,000 issue limit will be reached before the coin goes off sale. If it is "short struck" and sells out quickly, additional coins will be struck before the end of 2010.

A sellout of the Buchanan coin would definitively establish the Jackson/Van Buren coins, with total mintages around 12,000 each, as the keys to the "Liberty" short set. Under this circumstance, I would not expect the Buchanan coin to be a big "winner" for flippers, although some profit might be found for coins in the highest grades and First Strikes.

LanLord

Maybe I'm jaded, but I don't see a sellout on these. Recent releases haven't done well, perhaps the fact that it's the liberty design will make it more popular, but I'm thinking not to the 15k level.

fishcooker

I'd say recent Tyler's have done well. The Tyler price increase will have the flipsters out in full force. It's a classic herd move.

LindeDad

I hear a lot of talk about short sets but have yet to see them in the registry.
So I wonder how strong of a following is there of the Liberties as a set?

123cents

Being a Liberty design I think it will sellout but don't know when. I do know the past issued Liberty coins are bringing strong money.

puritan9

I am probably wrong, but I believe it will sell out quickly, and they will not strike more.

MsMorrisine

I predict no sell out.

only slightly more that ""typical, recent"" sales.

GAT

The Mint doesn't live in a vacuum and I believe they know there will be a high demand for the Buchanan Liberty. Eric J. thinks it will be short struck but I believe otherwise. The Mint is out for profit and won't be missing this one. My believe is they will strike whatever the maximum is for this coin, time will tell.

OPA

<< <i>IMO, it will not be a 15k issue. And it will sellout fast. Planchet limitations is my guess, anticipated demand, etc.

And the money coin will be the PR70 DCAM FS. >>



What happened? None of those predictions came to fruition. "It's time to toss out that broken crystal ball"
My guess ...collectors are tired of seeing rehashed older designs that just aren't any more popular now than they were 100 - 150 years ago.

MsMorrisine

My guess is that those who want them have them.

Recent week's sales have been minimal.


There will be no short strike, nor will it reach the 15k mintage limit.


They will stay on sale until the 3rd release next year.

phantom1701

It's a great coin and a low mintage > sell out at 15K pieces IMO.

metalmeister

Overdate: Luv the sigline

DuCrozat

Given recent prices on Ebay, you can purchase a bonafide First Strike MS70 or a PR 70 DCAM for not much more than what the mint is selling them for. The secondary market for top of the line coins will put a damper on the mint sales. Why spend $856 for the mints ungraded coin when you can guarantee highest grade for a reasonable amount more?

jmski52

I never posted a prediction on the mintage or availability of this coin because I really didn't know what might transpire. All I can say is that it's a great-looking coin and I hope that I can still snag a few before they are gone.

Priorites, priorites.

Weg

What are the pop reports for Buchanan? I haven't looked yet, but it will be no surprise if pf70 is low.

Overdate

<< <i>Overdate: Luv the sigline >>



Thanks! I plan to update it periodically (at least until I run out of dimes).

Overdate

<< What happened? None of those predictions came to fruition. >>

Mine still might: "My guess (and it is just that, a guess) is that the 15,000 issue limit will be reached before the coin goes off sale. If it is "short struck" and sells out quickly, additional coins will be struck before the end of 2010."

OPA

<< <i>What are the pop reports for Buchanan? I haven't looked yet, but it will be no surprise if pf70 is low. >>



So far it's about 2 to 1 ... 69's to 70's for both MS & PR. with PCGS (probably the reverse holds true for NGC)

Overdate

Buchanan Proof 6,372 +54

Buchanan Uncirculated 4,085 +16

OPA

Latest totals...

Buchanan’s Liberty Proof (2010) 6,494 122
Buchanan’s Liberty Uncirculated (2010) 4,142 57

Wow another 179 sold in the last 2 weeks. At this rate, It's gonna take another 50 weeks to sell out.

Overdate

So the Van Buren emerges as the likely key to the Liberty subset, in both uncirculated and proof.

HIGHLOWLEAVES

Are the Van Buren Spousal Gold MS/PF still thought of as being the "KEYS" to the Liberty subset ? I loioks like the PCGS PF 70 FS Bucks have done rather well on Ebay in recent weeks. Is that a clue to the future prices? Comments.......