7/8 so what are your estimated final mintages? I still stick with both going over the Van Buren mintages which means no short strike. it appears the UNC is already over and the proof is close.
<< <i>I'm sitting here across from The Mint kiosk at Union Station waiting to attend a business meeting. There is a Buch proof sitting in the case for sale w/more available. I asked him when they went back in stock. He said they were never out of stock. >>
Ask him about the Lincoln First Spouse.
They sold a bunch over the weekend and ran out of the Proofs and all but 1 of the uncirc.
PS Their stock and the online stock are two different things. >>
MM-
Sorry, I had to run just after my last post. They were closed when I got back.
Just as you note, I did see a Lincoln Unc. I did not see a Lincoln Proof, but did not ask whether he had one.
<< <i>their inventory is separate from the online inventory. union station has only 1 lincoln first spouse: an uncirculated. online they are readily available. >>
When buying in person directly from a mint sales outlet, are you allowed to carefully examine any prospective purchases with your 10X magnifying glass? >>
When I go to either Kiosk - at The Mint or Union - to buy I bring a loupe. I try to go when they are not busy. At such times they've been happy to examine the coins and to let me have my pick - within reason.
They have a lamp at Union which makes looking the coins over easier.
We have people that have a long history of being very correct looking into the proof buck issue. We dont know where the coins are going to end up. The highest starting base number less all losses on the proof Buck was 7500 coins based on more than one person that would have first hand info. We also know that a typical scrap rate for west point on proof gold is 5%+++ depending on the design and other issues at the time of striking. So an initial run of 6500-7,000 is expected. We also know that the weekly sales report is orders taken and frequently does not consider returns and order cancelations. The report can read 500 coins high easy and it did so on the vanburen unc just recently.
One guy thats proved to be very reliable says they might have run more but nothing firm. The other one says no its just left over inventory finally getting over to PB for shipment. If 6500-7000 was the first run range and the sales report can over estimate coins shipped by 500 coins and the report reads 6600 coins right now, how in the heck are we supposed to know much of anything. I dont and it aint for lack of looking and asking those that should know........
So I would suggest to anyone thats interested to sit back a watch until we know something..... and right we do not have a convergence of data that can help us see the situation with any clarity. When the sales report reads 7500 coins and its still selling then we will know proof bucks will not be great, unless before then some kind person that does know what went on in November at West Point tells the story.
Looks like our sleepy little Buchanan's haven't woken up yet.
Buchanan’s Liberty Proof (2010) 6,529 .... 35 Buchanan’s Liberty Uncirculated (2010) 4,173 .... 31 Mary Todd Lincoln Proof (2010) 4,336 .... 701 Mary Todd Lincoln Uncirculated (2010) 2,190 .... 320
Why purchase from the mint at over $840 when you can purchase from other sources and save $$$? The trend is downward on sales from the mint, even after factoring out the first few weeks of selling mania. Done, maybe not, but the market will take over here completely and until it's over, the best bets are PCGS graded MS/PRDCAM 70 First Strikes. These have a long way to go to catch up to the others in the short set when it comes to sales. Only a year will tell the whole story.
Folks, to answer the question of whether a second run of PF Bucks were minted at West Point, where is the WM Mint employee when you need them ? Things sure are unconfirmed from "Our" USM !!
<< <i>Latest sales figures for the "stick a fork in them, there done" Buchanan's
Buchanan’s Liberty Proof (2010) 6,611 + 82 Buchanan’s Liberty Uncirculated (2010) 4,189 + 16
slightly better than the week before. >>
Doesn't really tell us much, there are too many unknowns.
Are the latest sales freshly struck or recycled returns? Have the returns been accounted for in the sales figures? Has anyone here ordered and received a Buchanan within the past few weeks?
The 2008 Van Buren sales figures were static for over a year, then plunged by around 500 each for the proof and uncirculated when "final final" totals were released recently. Could the same thing happen with the Buchanans?
How do you guys feel about the Jane Pierce? Still on sale at the mint and the unc. version is below 3k. Has the mint been waiting for these spouses to sell out or have they called lights out on some if they don't sell?
Successful transactions with keepdachange, tizofthe, adriana, wondercoin
<< <i>I am thinking about buying a Lincoln uncirculated. Can't make up my mind because it is such an ugly coin. >>
You'll have several more months to think about it... don't hurry your decision... it'll never sell out and will undoubtedly be on sale for the full year like the previous dozen issues...
It will be interesting to see how this finishes. Do they cut off sales, keep them going. Right now the Bucks are below all others in the Liberty subset.
It will be interesting to see if they go back order at 6,800 coins. Problem is there almost certainly are uncalculated returns in the sale report numbers so the report can read 7,000 coins and still come in sub 6800.
<< <i><< Right now the Bucks are below all others in the Liberty subset. >>
Only the proofs are. Van Buren uncirculated is 3826. >>
Hmm...maybe the site I was looking at had not included the returns in their calculations, but it was clearly above the Bucks when I looked at it yesterday. I will try and find the link again and post it here.
<< <i><< Right now the Bucks are below all others in the Liberty subset. >>
Only the proofs are. Van Buren uncirculated is 3826. >>
Hmm...maybe the site I was looking at had not included the returns in their calculations, but it was clearly above the Bucks when I looked at it yesterday. I will try and find the link again and post it here.
Looks like I may have been correct the first time.
<< <i><< Right now the Bucks are below all others in the Liberty subset. >>
Only the proofs are. Van Buren uncirculated is 3826. >>
Hmm...maybe the site I was looking at had not included the returns in their calculations, but it was clearly above the Bucks when I looked at it yesterday. I will try and find the link again and post it here.
Looks like I may have been correct the first time.
There is much more *collector* demand for the proofs, as demonstrated by initial sales and final mintages of virtually all commems. Most of the demand for recent uncirculated First Spouse coins is speculative, due to the very low mintages (which were caused by low collector demand during the Mint's ordering period).
You can refer to a few pages back. Eric reported the final final mintage for Van Buren Unc, which is 3826. >>
It's not altogether unthinkable that the Bucks could come in at the same number or just below the Van Burens once the final tally is completed. Especially on the proof side where there were many reported frost breaks and returns. Only time will tell. Either way they'll be right in the range of the Jackson and Van Burens. So on balance the subset is still a relatively rare one all the way around, sans the Jefferson.
IMO, the Buch proofs have been struck to ~6800 pieces.
Given that there were issues with the striking (frost breaks, returns, etc) the expectation is the coins final numbers will be in the low 6000's.
We wait to see. I feel confident to speak about these, as it is 2011 and the USM can strike no more.
The Liberty subset is now complete, the low mintage proof should be the Buchanan. Most secondaries dont have ample supplies of these (from my quick investigation), so when the promotion comes for the Liberty subset in Proof - watch these fly.
Comments
<< <i>stick a fork in them, they are done. >>
>>
the above is the infamous 7over8 quote.
I keep sticking my fork in them, but my calculations shows: At the rate the Buchanan's are selling...it will take another 49 weeks to sell out.
They offer everyone the same return policy.
I was obviously not first this time for the proof lincoln first spouses.
<< <i>
<< <i>I'm sitting here across from The Mint kiosk at Union Station waiting to attend a business meeting. There is a Buch proof sitting in the case for sale w/more available. I asked him when they went back in stock. He said they were never out of stock. >>
Ask him about the Lincoln First Spouse.
They sold a bunch over the weekend and ran out of the Proofs and all but 1 of the uncirc.
PS Their stock and the online stock are two different things. >>
MM-
Sorry, I had to run just after my last post. They were closed when I got back.
Just as you note, I did see a Lincoln Unc. I did not see a Lincoln Proof, but did not ask whether he had one.
<< <i>
<< <i>their inventory is separate from the online inventory.
union station has only 1 lincoln first spouse: an uncirculated.
online they are readily available. >>
When buying in person directly from a mint sales outlet, are you allowed to carefully examine any prospective purchases with your 10X magnifying glass? >>
When I go to either Kiosk - at The Mint or Union - to buy I bring a loupe. I try to go when they are not busy. At such times they've been happy to examine the coins and to let me have my pick - within reason.
They have a lamp at Union which makes looking the coins over easier.
<< <i>I stand by my words, the fork has been stuck in 'em >>
7over8...Have you ever heard of the saying: "My mind is made up, don't confuse me with the facts?"
My Adolph A. Weinman signature
do you have some facts to share?
One guy thats proved to be very reliable says they might have run more but nothing firm. The other one says no its just left over inventory finally getting over to PB for shipment. If 6500-7000 was the first run range and the sales report can over estimate coins shipped by 500 coins and the report reads 6600 coins right now, how in the heck are we supposed to know much of anything. I dont and it aint for lack of looking and asking those that should know........
So I would suggest to anyone thats interested to sit back a watch until we know something..... and right we do not have a convergence of data that can help us see the situation with any clarity. When the sales report reads 7500 coins and its still selling then we will know proof bucks will not be great, unless before then some kind person that does know what went on in November at West Point tells the story.
Eric
Buchanan’s Liberty Proof (2010) 6,529 .... 35
Buchanan’s Liberty Uncirculated (2010) 4,173 .... 31
Mary Todd Lincoln Proof (2010) 4,336 .... 701
Mary Todd Lincoln Uncirculated (2010) 2,190 .... 320
<< <i>what facts, OPA?
do you have some facts to share? >>
If you insist:
Not on back order status...still selling ... latest weekly sales figures ... what else do you need?
Buchanan’s Liberty Proof (2010) 6,529 .... +35
Buchanan’s Liberty Uncirculated (2010) 4,173 .... +31
My question to you is: Why do you still insist that they are done? Where are your facts?
Only a year will tell the whole story.
Just my biased two cents worth.
Link
IMO, if you would like to buy a return, 35 people chose to do so last week.
Buchanan’s Liberty Proof (2010) 6,611 + 82
Buchanan’s Liberty Uncirculated (2010) 4,189 + 16
slightly better than the week before.
I can't find them at NN...
<< <i>gotta link?
I can't find them at NN... >>
Link
<< <i>Latest sales figures for the "stick a fork in them, there done" Buchanan's
Buchanan’s Liberty Proof (2010) 6,611 + 82
Buchanan’s Liberty Uncirculated (2010) 4,189 + 16
slightly better than the week before.
Doesn't really tell us much, there are too many unknowns.
Are the latest sales freshly struck or recycled returns? Have the returns been accounted for in the sales figures? Has anyone here ordered and received a Buchanan within the past few weeks?
The 2008 Van Buren sales figures were static for over a year, then plunged by around 500 each for the proof and uncirculated when "final final" totals were released recently. Could the same thing happen with the Buchanans?
My Adolph A. Weinman signature
They have been letting them run the course.
It doesn't mean that can't change.
1. Bought a hoard of 70 graded Van Buren's and hopes that they are the low mintage of the subset.
2. Bought a hoard of 70 graded Buchanan's and hopes that they are the low mintage of the subset.
I'm sleeping in the Buchanan camp. Won't know any time soon.
This is going to be close, I think.
<< <i>I wonder more about the Lincoln, how many they did before next year starts. >>
Good point. I noticed that too.
Ain't exactly tearin' it up, are they?
<< <i>I am thinking about buying a Lincoln uncirculated. Can't make up my mind because it is such an ugly coin. >>
You'll have several more months to think about it... don't hurry your decision... it'll never sell out and will undoubtedly be on sale for the full year like the previous dozen issues...
Michael Kittle Rare Coins --- 1908-S Indian Head Cent Grading Set --- No. 1 1909 Mint Set --- Kittlecoins on Facebook --- Long Beach Table 448
Buchanan's Liberty Proof (2010)..... 6,643 ..... 32
Buchanan's Liberty Uncirculated (2010)..... 4,197 ..... 8
Mary Todd Lincoln Proof (2010) ..... 4,683 ..... 84
Mary Todd Lincoln Uncirculated (2010)..... 2,245 ..... (17)
Eric
Only the proofs are. Van Buren uncirculated is 3826.
My Adolph A. Weinman signature
Get your returns, unless you are pre-occupied with hockey pucks.
<< <i>Overall totals for Buchanan spouses are quite a bit less than the Van Buren's. >>
Buchanan = 6643 + 4197 = 10840
Van Buren = 6803 + 3826 = 10629
My Adolph A. Weinman signature
<< <i>
<< <i>Overall totals for Buchanan spouses are quite a bit less than the Van Buren's. >>
Buchanan = 6643 + 4197 = 10840
Van Buren = 6803 + 3826 = 10629 >>
Oops, my bad
<< <i><< Right now the Bucks are below all others in the Liberty subset. >>
Only the proofs are. Van Buren uncirculated is 3826. >>
Hmm...maybe the site I was looking at had not included the returns in their calculations, but it was clearly above the Bucks when I looked at it yesterday. I will try and find the link again and post it here.
<< <i>
<< <i><< Right now the Bucks are below all others in the Liberty subset. >>
Only the proofs are. Van Buren uncirculated is 3826. >>
Hmm...maybe the site I was looking at had not included the returns in their calculations, but it was clearly above the Bucks when I looked at it yesterday. I will try and find the link again and post it here.
Looks like I may have been correct the first time.
Link
<< <i>
<< <i><< Right now the Bucks are below all others in the Liberty subset. >>
Only the proofs are. Van Buren uncirculated is 3826. >>
Hmm...maybe the site I was looking at had not included the returns in their calculations, but it was clearly above the Bucks when I looked at it yesterday. I will try and find the link again and post it here.
Looks like I may have been correct the first time.
Link >>
You can refer to a few pages back. Eric reported the final final mintage for Van Buren Unc, which is 3826.
My Adolph A. Weinman signature
<< <i>
You can refer to a few pages back. Eric reported the final final mintage for Van Buren Unc, which is 3826. >>
It's not altogether unthinkable that the Bucks could come in at the same number or just below the Van Burens once the final tally is completed. Especially on the proof side where there were many reported frost breaks and returns. Only time will tell. Either way they'll be right in the range of the Jackson and Van Burens. So on balance the subset is still a relatively rare one all the way around, sans the Jefferson.
<< <i>Anymore more thoughts as to the USM striking more Buch Proofs? >>
They can't. We just turned the page to 2011. No more striking of 2010 dated coins. Whatever has been struck - that's it. No mas, nada, finito!
mbogoman
https://pcgs.com/setregistry/collectors-showcase/classic-issues-colonials-through-1964/zambezi-collection-trade-dollars/7345Asesabi Lutho
Given that there were issues with the striking (frost breaks, returns, etc) the expectation is the coins final numbers will be in the low 6000's.
We wait to see. I feel confident to speak about these, as it is 2011 and the USM can strike no more.
The Liberty subset is now complete, the low mintage proof should be the Buchanan. Most secondaries dont have ample supplies of these (from my quick investigation), so when the promotion comes for the Liberty subset in Proof - watch these fly.