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2014 Baseball HOF Coins
7over8
Posts: 4,733 ✭✭✭
So, we are a few months away from the expected release of the Baseball Hall of Fame coins - who thinks they will be a hit? This could be an issue where DEMAND plays a big part in secondary market price.
US Mint Blog expects these to be offered in the "open ordering period" - this hasn't been done with stated mintage maximums before..... especially with the mintage on the $5 gold at 50,000 pieces - if this coin is a big hit with collectors, it wouldn't last long on the site.
Could there be a HH max for the first week? 1,3,5 pieces?
Comments?
US Mint Blog expects these to be offered in the "open ordering period" - this hasn't been done with stated mintage maximums before..... especially with the mintage on the $5 gold at 50,000 pieces - if this coin is a big hit with collectors, it wouldn't last long on the site.
Could there be a HH max for the first week? 1,3,5 pieces?
Comments?
0
Comments
We will have a few special labels created for this one, maybe a label with some players signature. it will be fun.
<< <i>Not hot >>
THIS^^^^^. Another very badly designed modern that will sell for melt in the coming years.
Look forward to the football hof coin in 2017 (pending at senate now) so hh limit is a possibility for the first couple of weeks.
In honor of the memory of Cpl. Michael E. Thompson
I'm not a commemorative person.
I'm not a gold person.
I'm not even a baseball person.
But you know what, this gimmicky thing has my interest to a certain extent.
From an error perspective, I bet this design could produce some errors never before seen. I wonder what they would be. Any crazy guesses?
I'm not sure if I will check this thing out but I want to. The opening of the football coin though might just lead to another gimmicky coin and that could cheapen it.
The photography of the coin will be an additional challenge. It will also be interesting to see how these are slabbed/graded.
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
I am not very interested in baseball.
I am very excited about this issue. I plan to buy at least two of each coin.
It will be very interesting to see whether the gold sells out and what holders the TPGs come up with.
While I think that this is a neat idea, I very much hope that the Mint does not start making colorized, jeweled, etc. coins like Perth, RCM and others.
<< <i>I like Moderns very much.
I am not very interested in baseball.
I am very excited about this issue. I plan to buy at least two of each coin.
It will be very interesting to see whether the gold sells out and what holders the TPGs come up with.
While I think that this is a neat idea, I very much hope that the Mint does not start making colorized, jeweled, etc. coins like Perth, RCM and others. >>
Totally agree.
<< <i>
<< <i>I like Moderns very much.
I am not very interested in baseball.
I am very excited about this issue. I plan to buy at least two of each coin.
It will be very interesting to see whether the gold sells out and what holders the TPGs come up with.
While I think that this is a neat idea, I very much hope that the Mint does not start making colorized, jeweled, etc. coins like Perth, RCM and others. >>
Totally agree. >>
Or football shaped coins?
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
This one will be all about DEMAND - especially the Gold Coin.
Where we know that the demand on US Commem $5's is about 6000-8000 pieces, when you bring in sports collectors - this number gets much bigger.
And I completely agree that Modern $5 Gold Commem collectors number no more than 6,000-8,000. That's it. That's why we will continue to see this level of sales over the next number of issues - and it will affect the ability for the current low mintage 5's to achieve high values on the secondary market.
Everyone will always be waiting for the next king.
Keep an open mind, or get financially repressed -Zoltan Pozsar
Am I right? Is one of the coins curved like a mitt?
<< <i>I don't like the designs. I'd rather think of them as a novelty that will wear off.
Am I right? Is one of the coins curved like a mitt? >>
They're basically all the same design, with a ball one one side, a glove on the other. From what I understand, the half dollar had some striking problems and won't be as "deep" as the other two. I'm mostly excited about the silver dollar.
just getting tired of all the Mints trickery and marketing BS.
Now if the Mint had offered a Coin for each MLB Team I'd be all excited. I still wouldnt want to
order anything but it would be lots of fun to follow the standings of each teams coins.
I'll venture a guess that the Gold will sell 8000. The Silver 60000. No guess about the Clad.OK - Clad 70000.
Mint press release with art and specifications
Keep an open mind, or get financially repressed -Zoltan Pozsar
Liberty: Parent of Science & Industry
I'll say again that I dislike nearly all modern mint products but I'm in on this one.
They got the design right. I think it's awesome.
"If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"
My Washington Quarter Registry set...in progress
<< <i>The Jackie R coin was also baseball themed, and it hit a mintage low for gold. That being said this design is better than that coin so perhaps it shows some life. >>
When it was announced, I expected Jackie R to do HUGE numbers and that was why I didn't buy one (choke!). In retrospect, I wasn't factoring in that most coin collectors are "rich white guys". This new issue, however, is all-inclusive and I'm guessing will be ordered at a much higher rate. I get tired of the gimmicks from the RCM, Perth Mint, etc… but I really like this design, including the curved dimension. I'm in for all three coins.
INYNWHWeTrust-TexasNationals,ajaan,blu62vette
coinJP, Outhaul ,illini420,MICHAELDIXON, Fade to Black,epcjimi1,19Lyds,SNMAN,JerseyJoe, bigjpst, DMWJR , lordmarcovan, Weiss,Mfriday4962,UtahCoin,Downtown1974,pitboss,RichieURich,Bullsitter,JDsCoins,toyz4geo,jshaulis, mustanggt, SNMAN
Little old ladies in Tucson gonna be all over this.
Better order often before the Jethro Network buys em all up.
I'm in.
<< <i>The Jackie R coin was also baseball themed, and it hit a mintage low for gold. That being said this design is better than that coin so perhaps it shows some life. >>
Agreed, but we cant compare to those tiny mintages in the 1995-1998 date range -there we far less collectors, the State Quarter program introduced or re-introduced many more collectors to the US Mint offerings, including commems.
Additionally, the US Mint website coming online and making purchases that much easier to make, as well as accepting many more forms of payment, and sales reporting through many publications.
Can anyone remember when you ordered your proof sets by mail, waited months to get them, then they show up un-announced?
<< <i>I would say that the services are now thinking of ways to capitalize on labels. >>
Brilliant. Get the team logo of your choice. Have them pay the MLB licencing fee these will be expensive and exclusive.
It'll be a hit !
<< <i>Come to think of it , this has Jethro's Home Coin Shopping Network written all over it.
Little old ladies in Tucson gonna be all over this.
Better order often before the Jethro Network buys em all up.
He ain't gettin' mine--and I don't care how cute his daughter is!
perfect pitchman to push a complete set of MS70 with the 30 Team Logos.
A truely once in a lifetime can't miss investment opportunity.
Team privy marks!!!!
<< <i>instead of labels, better yet,
Team privy marks!!!! >>
My God man. Don't be surprised if the US Mint offers you a position when
that idea reaches them.
This HOF Series would be the hottest most controversial Coinage in history.
with a choice of 30 privy marks. I think I would even be interested if the privy
option were available.
VERY light reading... yes... this was a law all by itself: PUBLIC LAW 113–10—MAY 17, 2013
the wording of the law changes descriptions of the diameter of the gold and silver a follows
[113th Congress Public Law 10]
[From the U.S. Government Printing Office]
[[Page 127 STAT. 445]]
Public Law 113-10
113th Congress
An Act
To specify the size of the precious-metal blanks that will be used in
the production of the National Baseball Hall of Fame commemorative
coins. <<NOTE: May 17, 2013 - [H.R. 1071]>>
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SIZE OF PRECIOUS-METAL BLANKS.
Section 3(a) of the National Baseball Hall of Fame Commemorative
Coin Act (Public Law 112-152) <<NOTE: 31 USC 5112 note.>> is amended--
(1) in paragraph (1)(B), by striking ``have'' and inserting
``be struck on a planchet having a''; and
(2) in paragraph (2)(B), by striking ``have a'' and
inserting ``be struck on a planchet having a''.
Approved May 17, 2013.
LEGISLATIVE HISTORY--H.R. 1071:
---------------------------------------------------------------------------
CONGRESSIONAL RECORD, Vol. 159 (2013):
Apr. 24, considered and passed House.
May 7, considered and passed Senate.
<all>
============================================================================
original wording:
SEC. 3. COIN SPECIFICATIONS.
(a) Denominations.--In recognition and celebration of the National
Baseball Hall of Fame, the Secretary of the Treasury (hereafter in this
Act referred to as the ``Secretary'') shall mint and issue the following
coins:
(1) $5 gold coins.--Not more than 50,000 $5 coins, which
shall--
(A) weigh 8.359 grams;
(B) have diameter of 0.850 inches; and
(C) contain 90 percent gold and 10 percent alloy.
(2) $1 silver coins.--Not more than 400,000 $1 coins, which
shall--
(A) weigh 26.73 grams;
(B) have a diameter of 1.500 inches; and
(C) contain 90 percent silver and 10 percent copper.
(3) Half-dollar clad coins.--Not more than 750,000 half-
dollar coins which shall--
(A) weigh 11.34 grams;
(B) have a diameter of 1.205 inches; and
(C) be minted to the specifications for half-dollar
coins contained in section 5112(b) of title 31, United
States Code.
==============================
mint announced specifications
Specifications
$5 Gold Weight: 8.359 grams nominal
Composition: 90% gold, 10% alloy
Mintage Limit: 50,000 across all product options
Height of Dome: 0.085 inches
$1 Silver Weight: 26.73 grams nominal
Composition: 90% silver, 10% copper
Mintage Limit: 400,000 across all product options
Height of Dome: 0.150 inches
Half-Dollar Clad Weight: 11.34 grams nominal
Composition: 92% copper, 8% nickel
Mintage Limit: 750,000 across all product options
Height of Dome: 0.058 inches
<< <i>I'm not feeling this issue. >>
I'm comfortable numb on this one.
but it is interesting to note they went to the trouble to say the planchet will be of a certain diameter rather than the coin.
Will the resultant diameter after striking for the gold and silver be smaller than when it started? and why not change the clad, too?
Keep an open mind, or get financially repressed -Zoltan Pozsar
<< <i>No gold sellout >>
Oh snap!
<< <i>
<< <i>No gold sellout >>
Oh snap!
or this one: Not hot
same author
<< <i>
<< <i>No gold sellout >>
Oh snap!
No gold sellout
Surely no forum member with any creds would have made that blanket statement.
<< <i>interesting stumble upon
VERY light reading... yes... this was a law all by itself: PUBLIC LAW 113–10—MAY 17, 2013
>>
i'm all for governing of numismatic items and all but WOW.
.