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5 Star Generals MacArthur Gold Soldout !! Clad half dollar soldout
NeoclassicalAnalyst
Posts: 341 ✭✭
below 5700, maybe as low as 5300!!!
To the free man, the country is the collection of individuals who compose it, not something over and above them. -M. Friedman
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GrandAm
I found this number under The US Mint Sales Report
Commemoratives 5G2 2013 5-STAR GENERALS GOLD UNC 5,512 Y
popular subject criteria...not sure about these 5 star generals...time will tell.
<< <i>What was Jackie Robinson? >>
5,174
The name is LEE!
However, there is a long shot chance that Mac dethrones Jackie.
The reason? We still do not know whether Mint produced more or not. I will be kind of surprised if Mint only produced around 500 for this batch. So there is a distinct possibility that mint did not strike,but intead just close out the remaining inventory, which may result in the long shot scenario IMO.
Old soliders never die, they just fade away..
According to the United States Mint website, the uncirculated version of the 2013 5-Star Generals $5 Gold Coin has sold out. This coin will most likely have the second lowest mintage for any modern commemorative coin.
The sell out comes as a surprise since sales were scheduled to end next week on December 31. For as long as I have been writing this blog, I have not seen a commemorative coin sell out prior to the announced sales ending date ¨C except in the case of the coin reaching its full maximum authorized mintage.
While other numismatic products have sold out early, either prior to the end of the year or prior to the end of a stated availability period, commemorative coin issues had seemed to fall into a different category. Because the sales price of each commemorative coin includes a surcharge payable to a beneficiary organization, the US Mint had seemed compelled to allow sales to continue as long as possible. Presumably, an early sell out might risk backlash from the beneficiary organization who would lose out on additional surcharges.
Apparently, this is not a significant consideration and early sell outs can occur for any product at any time.
The Uncirculated 2013-P 5-Star Generals $5 Gold Coin had reported sales of 5,512 units as of last week¡¯s sales report. The uncirculated version of the coin is only sold individually and not included in any other special sets or products.
As mentioned, the mintage for the $5 gold uncirculated coin will likely represent the second lowest for any modern commemorative coin. The lowest mintage remains the Uncirculated 1997 Jackie Robinson $5 Gold Coin at 5,174.
The next lowest mintages are held by the uncirculated 2001 Capitol Visitor Center $5 Gold Coin at 6,761 and the uncirculated 2012 Star Spangled Banner $5 Gold Coin at last reported sales of 7,027.
Twice the gold, and currently many are less than half the mintage of the unc. MacArthur.
My Adolph A. Weinman signature
no clue.
I think J.R. will still easily dominate this one due to the subject matter of each. Time will tell, though.
Any reason the uncirculated is/was so much more popular?
<< <i>Why is the proof still around?
Any reason the uncirculated is/was so much more popular? >>
The proof has already sold more than 15600. Do not forget the three coin set.
BTW, Macarthur is my hero. Most WWII and Korean Wars veterans and their family members have the similiar feeling. So there will be demand down the road.
The Jackie Robinson was "W" for both finishes.
My Adolph A. Weinman signature
<< <i>I'm not sure if it makes much difference, but the MacArthur gold has different mint marks for the proof (W) and uncirculated (P) versions.
The Jackie Robinson was "W" for both finishes. >>
Good point, overdate!
<< <i>Why is the proof still around?
Any reason the uncirculated is/was so much more popular? >>
proofs typically sell in higher numbers than the unc.
I'm sure they struck more due to the demand difference expectations.
A 2001 Capitol Visitors Center unc. $5 gold (mintage 6,761) in PCGS MS69 sold on eBay last month for $1,441.
The mintage of the unc. MacArthur is unknown, but there is a good chance it will be at least 1K less than that of the Capitol Visitors Center. A few unc. MacArthurs (not mine) are currently available on eBay for under $700.
My Adolph A. Weinman signature
<< <i>... A few unc. MacArthurs (not mine) are currently available on eBay for under $700. >>
those without that luster disturbance on the obverse center will surely go for more.
<< <i>1997 Jackie Robinson unc. $5 gold (mintage 5,174) is going on eBay for $1600+ in MS69 and $2500+ in MS70.
A 2001 Capitol Visitors Center unc. $5 gold (mintage 6,761) in PCGS MS69 sold on eBay last month for $1,441.
The mintage of the unc. MacArthur is unknown, but there is a good chance it will be at least 1K less than that of the Capitol Visitors Center. A few unc. MacArthurs (not mine) are currently available on eBay for under $700. >>
Congrat's to those who got them fresh.
Dear United States Mint Customer:
We are in receipt of your order for products included in either the 2013 5-Star Generals Commemorative Coin Program or the 2013 Girl Scouts of the USA Centennial Silver Dollar Commemorative Coin Program.
Legislation for these coins requires that they be issued by December 31, 2013. Therefore, all orders not fulfilled by that date will be cancelled. As these commemorative products begin shipping, your credit card will be charged. To facilitate the processing of your order, please ensure that your credit card expiration date is current, that your billing address on file matches your credit card billing address, and that your credit card can accommodate both your purchase total and the shipping and handling fee. Please note, due to this time constraint, we will not be able to contact you to resolve any order processing issues.
Please use the track order feature on our website at http://catalog.usmint.gov by entering your order number and last name to obtain the status of your order. If any credit card updates are needed, please contact us no later than noon ET, December 31, 2013. You can reach us 7 days a week from 8:00 a.m. to 12:00 midnight Eastern Time at 1-800-USA-MINT (872-6468). Hearing and speech impaired customers with TTY equipment can reach us Monday through Friday from 8:30 a.m. to 5:00 p.m. Eastern Time at 1-888-321-MINT (6468). Without this updated information, your order will regrettably be cancelled.
The United States Mint is pleased to fulfill your numismatic needs.
Sincerely,
Customer Service Center
United States Mint
----------------------------------------------------------------------
<< <i>FROM US MINT BLOG
According to the United States Mint website, the uncirculated version of the 2013 5-Star Generals $5 Gold Coin has sold out. This coin will most likely have the second lowest mintage for any modern commemorative coin.
The sell out comes as a surprise since sales were scheduled to end next week on December 31. For as long as I have been writing this blog, I have not seen a commemorative coin sell out prior to the announced sales ending date ¨C except in the case of the coin reaching its full maximum authorized mintage.
While other numismatic products have sold out early, either prior to the end of the year or prior to the end of a stated availability period, commemorative coin issues had seemed to fall into a different category. Because the sales price of each commemorative coin includes a surcharge payable to a beneficiary organization, the US Mint had seemed compelled to allow sales to continue as long as possible. Presumably, an early sell out might risk backlash from the beneficiary organization who would lose out on additional surcharges.
Apparently, this is not a significant consideration and early sell outs can occur for any product at any time.
The Uncirculated 2013-P 5-Star Generals $5 Gold Coin had reported sales of 5,512 units as of last week¡¯s sales report. The uncirculated version of the coin is only sold individually and not included in any other special sets or products.
As mentioned, the mintage for the $5 gold uncirculated coin will likely represent the second lowest for any modern commemorative coin. The lowest mintage remains the Uncirculated 1997 Jackie Robinson $5 Gold Coin at 5,174.
The next lowest mintages are held by the uncirculated 2001 Capitol Visitor Center $5 Gold Coin at 6,761 and the uncirculated 2012 Star Spangled Banner $5 Gold Coin at last reported sales of 7,027. >>
Well........................
You know what they say about coming in "Second".
Second place if the official 1st Loser.
The name is LEE!
Yes sir !
<< <i>You know what they say about coming in "Second".
Second place if the official 1st Loser. >>
The coin with the previous second place mintage (6761), the 2001 unc. Capitol Visitors Center, sells for about $1400, not much lower than the first place Jackie Robinson (5174) at $1600.
The unc. MacArthur should be "golden," even if it winds up in second place.
My Adolph A. Weinman signature
This story is becoming more and more interesting.
Wow! are they hot.
<< <i>5 Star General Uncirculated Gold PCGS MS70 First Strike, selling on E-bay( Buy it now )for $1495.00 & $1900.00
Wow! are they hot. >>
The $1495 sold a few hours ago. Word of the low mintage must be getting around.
My Adolph A. Weinman signature
Box of 20
If you take out the dealers and flippers trying to catch the lowest mintage the number of actual "I've got to have one for my collection even if it commemorates John Crapper!" collectors is almost certainly below 4500.
Many big dealers bought limited number because of the lack of incentive, I.e., no bulk purchase and no dealer discount, from mint.
With that said, Quite a few collectors did lose interest, but collector interest for modern is always volatile, especially for coin series lacking coherent design. As a more advanced topic in modern finance theory, there is always some positive feedback between buyer interest and market pricing strength.
q]The real lesson is that there now far less than 6,000 real collectors of modern gold commemoratives.
If you take out the dealers and flippers trying to catch the lowest mintage the number of actual "I've got to have one for my collection even if it commemorates John Crapper!" collectors is almost certainly below 4500. >>
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
Given the expected popularity of the next two gold offerings in this series, there is more than sufficient time to be worthwhile for several market makers
As said above, there is always some positive feedback between price action and collector demand
q]Scary number. It tells me after the flippers are done there will be an excess on the market with few buyers at the high prices. >>
As said above, there is always some positive feedback between price action and collector demand
Good observations. And valid ones at that.
I knew it would happen.
Box of 20
<< <i>
<< <i>5 Star General Uncirculated Gold PCGS MS70 First Strike, selling on E-bay( Buy it now )for $1495.00 & $1900.00
Wow! are they hot. >>
The $1495 sold a few hours ago. Word of the low mintage must be getting around. >>
UGH!! I bought one from APMEX for $650ish. It had a bit of toning. I didn't feel like sending it to PCGS so I sent it back.
I was still able to get one MS70FS from APMEX for $630 which I still have and two should arrive from the Mint today so I won't complain too much.
<< <i>It is very encouraging to see ngc ms70 selling at 1000 to 1200 range. More significant than pcgs ms70fs selling over 1400. Why? Check ngc pop and you will find that about 90% raw graded ms70 at ngc so far. So anyone who got raw coins fresh from the mint will hesitate to sell below 1000, assuming coins not in the bottom 10%. Old soldiers never die, they just fade away... >>
Looks like I'll be sending my ATS tomorrow.
Dec1 sale 4850
Dec 8 sale 5225
Mint is shipping backordered coins ordered on dec 7
Conclusion, it is a long shot, but still a possible scenario. Do not forget that some coins have been returned from the 4850 ordered prior to dec 1.
<< <i>mintage 5612. >>
Actually, final week sales report is 5612. It does not count returns and order cancellations. Final net mintage may not be known for several years, and if past experience is any guide it will be considerably lower.
My Adolph A. Weinman signature
Macarthur new king.
Oddly tho, the proofs never seem to carry a big premium for low mintages. Seem hard to pass up right now at below $400 each. Legs?
"The gold $5 uncirculated coin in the Five Star Generals program, which honors Gen. Douglas MacArthur, one of the most famous and controversial generals in American history, is a coin I have been recommending for months. On December 23 the coin unexpectedly sold out as most people expected it to be on sale through the last day of the year. The latest sales figure for the coin is 5,612, which is only 438 more than the 1997 Jackie Robinson $5 coin that is the lowest mintage coin in the $5 gold commemorative series. The sales figure for the 2013 coin may be adjusted a little, but as the new 2nd lowest mintage coin, it is now in great demand. Secondary prices immediately jumped to a minimum mark-up of 50% over the $400 issue price to as much as $1500 for a PCGS MS70 first strike coin."