5 oz collectors rounds
packers88
Posts: 558
It looks like 27,000 of each national park will be sold. Any predictions on what the mint will sell these at? I'm thinking around $250. Any predictions on after market prices for the first few days after release?
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Comments
if silver keeps going up, they will increase the prices.
I predict a flood of pucks on the market including pre-sales.
I don't know what the prices will be immediately after, but my prediction is a trend down to near release prices not too long after.
and they are coins, not rounds.
Please visit my website Millcitynumismatics.com
<< <i>Will these be available directly from the Mint, or through the distributors again? >>
The Mint for the collector version.... "P" mint mark.
<< <i>and that is to start.
if silver keeps going up, they will increase the prices.
I predict a flood of pucks on the market including pre-sales.
I don't know what the prices will be immediately after, but my prediction is a trend down to near release prices not too long after.
and they are coins, not rounds. >>
its not a round, its not usable in commerse-its a special made collectable
coin LOL thats the best ive heard yet
carry a couple of them babies in your pocket for a few days-
id accept its a special made collectable copy of a current coin-so to say
Go BIG or GO HOME. ©Bill
<< <i>and they are coins, not rounds. >>
Yeah...a $.25 ... 5oz silver coin....
As the saying goes, if it looks, walks & smells like a duck...etc...
The Mint may refer to them as a COIN but it's still nothing but a 5 oz silver bullion round.
on it but that is all. It is not a medium of exchange in any sense of the word. Coins are
instruments of commerce. This puck is a bullion piece and only that.
bob
<< <i>I agree, it is not a coin. Yes, it may meet some of the definition like having a denomination
on it but that is all. It is not a medium of exchange in any sense of the word. Coins are
instruments of commerce. This puck is a bullion piece and only that.
bob >>
So, based on your definition, commemoratives are not coins? Sorry, but you are wrong.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>They are called: NCLT or Non Circulating Legal Tender. >>
Agree and NCLT's are also coins and not rounds. Just because a coin doesn't circulate doesn't mean that it's a "round".
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Like the ATB 5oz'ers are bullion. If they do circulate they do so at face value. The
pucks will never do that, ever.
bob
<< <i>Commemoratives are not coins unless they circulate. They are commemoratives.
Like the ATB 5oz'ers are bullion. If they do circulate they do so at face value. The
pucks will never do that, ever.
bob >>
Unless silver is at a $1 an ounce!
<< <i>I remember how fast the Lincoln Chronicle set went and there were 50,000 of those. You couldn't place an order online during the first hour and it seemed like the US Mint servers were crashing. With almost half of the production of hot springs 5 oz rounds I see these being extremely hot and possibly selling out in less than an hour. Also being the first of a series of 50 I think that will be an added bonus. I think the after market prices will be dictated on how fast these sell out which will be the barometer for the demand on these. If these sell out less than an hour then I bet $500 will be the after market prices for at least the first week. Shall be interesting to see what happens. >>
But I think it'll take longer than an hour. I ran some numbers along time ago and had it worked out to the number of orders per second and an hour is too short...However, 2-3 hours is a definate possibility...In any event I don't think these will last the day...
<< <i>Commemoratives are not coins unless they circulate. >>
Then how do you explain all the circulated Stone mountians, BTW, washington Carvers.
Are you saying the circulated commems are coins and the uncirculated commems are not coins?
Please explain.
<< <i>
<< <i>Commemoratives are not coins unless they circulate. >>
Then how do you explain all the circulated Stone mountians, BTW, washington Carvers.
Are you saying the circulated commems are coins and the uncirculated commems are not coins?
Please explain. >>
Don't waste your time arguing. Bob is living in his own little dream world where commems and NCLT aren't coins.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>
<< <i>Commemoratives are not coins unless they circulate. They are commemoratives.
Like the ATB 5oz'ers are bullion. If they do circulate they do so at face value. The
pucks will never do that, ever.
bob >>
Unless silver is at a $1 an ounce!
Well....then....they would still be worth $5
<< <i>Let me guess, since they are bullion and not coins they should never, ever, under any circumstances be sold above spot... >>
Don't I wish....You need to advise the Mint then to stop selling their bullion versions of the AGE's ASE's & APE's above spot.
Not to much bullion now a days being sold at spot only... I'm sure you've heard of the saying: Supply & Demand dictates the price in a lot of items, unless it's manipulated.