Numismatist. 54 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Also won the PNG's Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
<< <i>A 1.5 oz gold Panama Pacific reissue of the $50 gold piece would be amazing! >>
Good idea! That'd be cool.
Of course, they would probably make it an $82.25 denomination.
Dave Wnuck. Redbook contributor; long time PNG Member; listed on the PCGS Board of Experts. PM me with your email address to receive my e-newsletter, and visit DaveWcoins.com Find me on eBay at davewcoins
The 2015 Ultra High Relief .9999 fine gold coin to be released this calendar year by the U.S. Mint will carry a $75 denomination — a first for U.S. coinage.
The answer to the OP question is bolded. Hello marketing is right.
Somehow, a $75 coin doesn't sound quite as silly as a $75 dollar bill would sound. But it's close.
Strange denomination.. makes sense that it will be an ounce and a half, and that will give them quite a bit of gold to work with, could be nice if well executed.
I thought the gold Kennedy halves should be a $37.50 denomination, but that's just me. (Especially now that PCGS calls them commems rather than part of the set.) Sure odd to have a fifty center with 3/4 oz of gold. And, for that matter, 5-oz silver hockey pucks with face value of a quarter. Things are getting weird out there.
<< <i>I thought the gold Kennedy halves should be a $37.50 denomination, but that's just me. (Especially now that PCGS calls them commems rather than part of the set.) Sure odd to have a fifty center with 3/4 oz of gold. And, for that matter, 50oz silver hockey pucks with face value of a quarter. Things are getting weird out there.
Best Regards,
George >>
The 5 oz ATB's with the face value of a quarter was a bad idea, it makes them look even more like a novelty item.
Successful coin BST transactions with Gerard and segoja.
Successful card BST transactions with cbcnow, brogurt, gstarling, Bravesfan 007, and rajah 424.
<< <i>I thought the gold Kennedy halves should be a $37.50 denomination, but that's just me. (Especially now that PCGS calls them commems rather than part of the set.) Sure odd to have a fifty center with 3/4 oz of gold. And, for that matter, 50oz silver hockey pucks with face value of a quarter. Things are getting weird out there.
Best Regards,
George >>
The 5 oz ATB's with the face value of a quarter was a bad idea, it makes them look even more like a novelty item. >>
The Kennedy 3/4 oz gold, I kind of get, that allows approximate same physical size as the half dollar. And after sleeping on this ounce and a half gold $75, I could see in the future, working up to even larger, (and hopefully extremely artistic) sizes and denominations.
2 1/2 oz retro-tribute quintuple-eagle or "union" with $125 face value and insanely high relief?
With enhanced/special finish, colorization highlights, embedded gems, maybe even some kind of computer chip right in the coin??
How about the Ultimate High Relief coin...a perfect sphere with a reeded edge around the Equator!!!!!!
Numismatist. 54 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Also won the PNG's Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
I would prefer it to be a completely new, esthetically-pleasing design instead of a retread of older designs. A palladium coin using the Mercury head and a defiant eagle reverse had been proposed a couple of years ago. Do you think they'll issue that in gold instead?
<< <i>A 1.5 oz gold Panama Pacific reissue of the $50 gold piece would be amazing! >>
So spot on!! Agree 100++%
As many have said here, actual size re-issues would be fantastic. With advanced notice collectors could save up for them. >>
Well, to me it would be (amazing, that is) if it were the same size and heft as the classic coin. I will never forget when I got my 2009 UHR and opened the box expecting to see the Saint-Gaudens masterpiece reborn. It was tiny! Geez, Mr Mint, after 100-plus years cantcha make a full-size Ultra? Then, at a show a few weeks later, a friend of mine called it High Relief on a Button. That ruined it for me completely, if it wasn't already. Sure, the Pan-Pacs originally contained about 2.5 ounces of gold, but a 1.5 oz version could be full-size and struck on a thinner planchet. I would prefer that, I think, to one that you could wear as a cufflink.
Maybe it'll be 1.5 ounces(?) Who knows with this Mint. >>
Guaranteed small mintage due to $2000+ price tag that most collectors won't be able to afford.
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
Same reason the gold Kennedy half dollar has a face value of $75.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Was this coin authorized by Congress, or did the Mint just come up with the denomination and weight by themselves?
Numismatist. 54 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Also won the PNG's Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
Canada had a 75$ gold coin a decade back. Starting in 2005 it was 41.66% gold but weighed a troy ounce Then in 2007 they did another $75 coin that was 14k and weighed 12 grams
Lest the mint think one up the RCM on oddball denominations they should know Canada beat them to the punch on the following,
Actually Canada also had a $75 platinum bullion coin in 1990 I overlooked which was .25 oz. So ya the new US $75 coin actually looks sensible in light of that foolishness.
Comments
Well, just Love coins, period.
<< <i>Why $75???
http://www.coinworld.com/news/2015-ultra-high-relief-gold-coin-to-bear-75-dollar-denomination.html >>
Maybe it'll be 1.5 ounces(?) Who knows with this Mint.
Neither is the paper stuff.
<< <i>Wish they would just do it in Palladium to keep costs down and intrest up. I bet the coin would be stunning in white metal. >>
+1 on this one.
<< <i>A 1.5 oz gold Panama Pacific reissue of the $50 gold piece would be amazing! >>
Good idea! That'd be cool.
Of course, they would probably make it an $82.25 denomination.
<< <i>
<< <i>A 1.5 oz gold Panama Pacific reissue of the $50 gold piece would be amazing! >>
Good idea! That'd be cool.
Of course, they would probably make it an $82.25 denomination. >>
I hope not. I already have a complete collection of $82.25 coins and don't want to buy another just to keep the set up to date.
<< <i>A 1.5 oz gold Panama Pacific reissue of the $50 gold piece would be amazing! >>
I'm looking forward to a UHR version of the Wyoming state quarter!
<< <i>Wish they would just do it in Palladium to keep costs down and intrest up. I bet the coin would be stunning in white metal. >>
Two big thumbs up crypto. A perfect way to introduce little known palladium to the public.
The answer to the OP question is bolded. Hello marketing is right.
BST Transactions (as the seller): Collectall, GRANDAM, epcjimi1, wondercoin, jmski52, wheathoarder, jay1187, jdsueu, grote15, airplanenut, bigole
Actually, this might change how sales tax is collected on sales of this coin in some states.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
Strange denomination.. makes sense that it will be an ounce and a half, and that will give them quite a bit of gold to work with, could be nice if well executed.
Piedfort?
Liberty: Parent of Science & Industry
<< <i>Why $75??? >>
Inflation?
Best Regards,
George
<< <i>I thought the gold Kennedy halves should be a $37.50 denomination, but that's just me. (Especially now that PCGS calls them commems rather than part of the set.) Sure odd to have a fifty center with 3/4 oz of gold. And, for that matter, 50oz silver hockey pucks with face value of a quarter. Things are getting weird out there.
Best Regards,
George >>
The 5 oz ATB's with the face value of a quarter was a bad idea, it makes them look even more like a novelty item.
Successful card BST transactions with cbcnow, brogurt, gstarling, Bravesfan 007, and rajah 424.
<< <i>
<< <i>I thought the gold Kennedy halves should be a $37.50 denomination, but that's just me. (Especially now that PCGS calls them commems rather than part of the set.) Sure odd to have a fifty center with 3/4 oz of gold. And, for that matter, 50oz silver hockey pucks with face value of a quarter. Things are getting weird out there.
Best Regards,
George >>
The 5 oz ATB's with the face value of a quarter was a bad idea, it makes them look even more like a novelty item. >>
The Kennedy 3/4 oz gold, I kind of get, that allows approximate same physical size as the half dollar. And after sleeping on this ounce and a half gold $75, I could see in the future, working up to even larger, (and hopefully extremely artistic) sizes and denominations.
2 1/2 oz retro-tribute quintuple-eagle or "union" with $125 face value and insanely high relief?
With enhanced/special finish, colorization highlights, embedded gems, maybe even some kind of computer chip right in the coin??
wow
Liberty: Parent of Science & Industry
Box of 20
- Ian
Owner/Founder GreatCollections
GreatCollections Coin Auctions - Certified Coin Auctions Every Week - Rare Coins & Coin Values
<< <i>A 1.5 oz gold Panama Pacific reissue of the $50 gold piece would be amazing! >>
So spot on!! Agree 100++%
As many have said here, actual size re-issues would be fantastic. With advanced notice collectors could save up for them.
Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat
Jim
<< <i>
<< <i>A 1.5 oz gold Panama Pacific reissue of the $50 gold piece would be amazing! >>
So spot on!! Agree 100++%
As many have said here, actual size re-issues would be fantastic. With advanced notice collectors could save up for them. >>
Well, to me it would be (amazing, that is) if it were the same size and heft as the classic coin. I will never forget when I got my 2009 UHR and opened the box expecting to see the Saint-Gaudens masterpiece reborn. It was tiny! Geez, Mr Mint, after 100-plus years cantcha make a full-size Ultra? Then, at a show a few weeks later, a friend of mine called it High Relief on a Button. That ruined it for me completely, if it wasn't already. Sure, the Pan-Pacs originally contained about 2.5 ounces of gold, but a 1.5 oz version could be full-size and struck on a thinner planchet. I would prefer that, I think, to one that you could wear as a cufflink.
Best Regards,
George
<< <i>
<< <i>Why $75???
http://www.coinworld.com/news/2015-ultra-high-relief-gold-coin-to-bear-75-dollar-denomination.html >>
Maybe it'll be 1.5 ounces(?) Who knows with this Mint. >>
Guaranteed small mintage due to $2000+ price tag that most collectors won't be able to afford.
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>Why $75??? >>
Same reason the gold Kennedy half dollar has a face value of $75.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I knew it would happen.
<< <i>.sdrawkcab eb ot smees gnihtyrevE ?FTW .wonk reven uoy ,tniM siht htiW >>
haha nice
BST Transactions (as the seller): Collectall, GRANDAM, epcjimi1, wondercoin, jmski52, wheathoarder, jay1187, jdsueu, grote15, airplanenut, bigole
Canada had a 75$ gold coin a decade back. Starting in 2005 it was 41.66% gold but weighed a troy ounce
Lest the mint think one up the RCM on oddball denominations they should know Canada beat them to the punch on the following,
$8, $15 , $30, $75, $150, $175, $200,$250, $300, $350, $500 , and $2500
Actually Canada also had a $75 platinum bullion coin in 1990 I overlooked which was .25 oz. So ya the new US $75 coin actually looks sensible in light of that foolishness.