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2015 Coin & Chronicles Set – Harry S. Truman (AX1)

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  • Type2Type2 Posts: 13,985 ✭✭✭✭✭
    We shall see once they are out.... Just buy them you can always send them back. image


    Hoard the keys.
  • BigABigA Posts: 2,715 ✭✭✭✭


    << <i>We shall see once they are out.... Just buy them you can always send them back. image >>



    Not if the offending additional set is announced more than 7 days after you get your coins...

    Even if they do make a RP set it will most likely have a different MM and maybe a higher mintage solidifying these sets as THE sets....might actually be a positive event
  • OverdateOverdate Posts: 7,052 ✭✭✭✭✭


    << <i>With everyone sending their coins in to be graded I wonder how many sets are still intact?? Will these few remaining sets have any value in the future or must the coin be graded?? I've been told that the coin has to be certified to prove it's from the set-having the intact set doesn't prove it. >>


    Raw sets are now fetching $200 and graded 69 sets are only a few bucks higher. Many of the graded sets are being offered along with the original packaging, so these sets could always be returned to "intact" status if market conditions warrant.

    My Adolph A. Weinman signature :)

  • Type2Type2 Posts: 13,985 ✭✭✭✭✭


    << <i>

    << <i>With everyone sending their coins in to be graded I wonder how many sets are still intact?? Will these few remaining sets have any value in the future or must the coin be graded?? I've been told that the coin has to be certified to prove it's from the set-having the intact set doesn't prove it. >>


    Raw sets are now fetching $200 and graded 69 sets are only a few bucks higher. Many of the graded sets are being offered along with the original packaging, so these sets could always be returned to "intact" status if market conditions warrant. >>

    But! that is a big but if the box is sealed you may rec a bigger price for it maybe. image


    Hoard the keys.
  • RaufusRaufus Posts: 6,817 ✭✭✭✭✭


    << <i>I sold all mine to MCM. >>



    I sold mine to them also. Man did I get killed on that deal. Win some, loose some. MCM is a fantastic company to deal with. I just too the risk here and lost - totally on me.

    At least I have the 5 sealed sets which my father ordered. I know that I should sell them now as I think that the price has topped out, but I'll hold for a while and may just keep them permanently.
    Land of the Free because of the Brave!
  • RaufusRaufus Posts: 6,817 ✭✭✭✭✭

    From this NN article:

    "In just 15 minutes, the U.S. Mint reported it had sold out of the Harry S. Truman Coin and Chronicles set on June 30, despite the Mint’s 5-sets-per-household order limit.

    The Truman Coin and Chronicles set contains a reverse proof Truman Presidential dollar and silver Presidential medal.

    The set had a product limit of 17,000. It contains the first ever reverse proof Presidential dollar, a 2015-P, a Truman Presidential medal and a 1973 8-cent Truman stamp.

    The high appeal of the set was conferred by the reverse proof dollar in it, which is the 10th reverse proof U.S. coin ever produced and first in the Presidential dollar series.

    Price of the set was $57.95.

    The Mint was caught unawares by the quick sellout. On the day afterwards, it issued a statement explaining how it arrived at a 17,000 maximum mintage.

    It said that the prior offer for Franklin D. Roosevelt had not even reached sales of 14,000 in six months.

    But the Roosevelt set didn’t have a reverse proof dollar in it. That made all the difference.

    - See more at: http://www.numismaticnews.net/article/truman-set-sells-out#sthash.TtYZMi9o.dpuf"



    So, per the above, the 17K limit would not seem to be statutory.

    What absolutely boggles the mind is HOW could The Mint be "caught off guard" by the sell out citing sales of the FDR which did not have an RP. As so many have mentioned, if they simply monitored this forum they would learn so much.

    Further, if the 17K was based on the FDR and now they see what the demand was for the Truman WHY in world would they not substantially raise the limit for the Eisenhower set w/its RP?? This just makes no sense. This of course assumes that, like the Truman, the Eisenhower has a total RP limit of 17K not just a set limit of 17K as some have speculated based on the wording of the Mint's statements.
    Land of the Free because of the Brave!
  • 7over87over8 Posts: 4,733 ✭✭✭


    << <i> MCM is a fantastic company >>



    Wasnt MCM recently sold to a bigger coin firm known for overpriced coins in big glossy magazines???

  • 7over87over8 Posts: 4,733 ✭✭✭


    << <i>On May 3, 2015, CoinWeek received word that the Lakewood Ranch, Florida-based company ModernCoinMart was to be sold to Asset Marketing Services, LLC. If true, the sale would make ModernCoinMart the fourth major numismatic-related business for Asset Marketing Services, which also operates GovMint.com, First Federal Coin, and New York Mint. >>





    << <i>A request for confirmation of the sale by ModernCoinMart came in an email on May 8, 2015 from MCM General Manager Andrew Salzberg, who wrote: ModernCoinMart was acquired on May 4 by Asset Marketing Services. They saw MCM as a complementary addition to the AMS family of companies, recognized the strength of MCM’s e-commerce capabilities and rich history in modern coins and precious metals, and saw an opportunity to invest in MCM’s continued growth. >>



  • RaufusRaufus Posts: 6,817 ✭✭✭✭✭


    << <i>

    << <i> MCM is a fantastic company >>



    Wasnt MCM recently sold to a bigger coin firm known for overpriced coins in big glossy magazines??? >>



    It was. Having spoken to several MCM employees since the sale, as well as having bought from and sold to them since the sale. they have assured me that MCM will remain as it was prior to the sale w/respect to pricing and policies. This has indeed been my experience thus far. I very much hope that this remains the case. I am watching closely.
    Land of the Free because of the Brave!
  • I've bought from the old and the new MCM and service appears to be of the same quality.

    On another note, is this a new label from ANACS? "A First Strike Coin*"



    LINK
  • OverdateOverdate Posts: 7,052 ✭✭✭✭✭


    << <i>From this NN article:

    The set had a product limit of 17,000. It contains the first ever reverse proof Presidential dollar, a 2015-P, a Truman Presidential medal and a 1973 8-cent Truman stamp.

    Price of the set was $57.95. >>


    The Truman stamp was 8 cents. The Eisenhower stamp is only 6 cents.

    Therefore, I think the price of the Eisenhower set should be reduced by 2 cents to $57.93. image

    My Adolph A. Weinman signature :)

  • VincennesVincennes Posts: 56 ✭✭
    No I sold them later after they were released.
  • BigABigA Posts: 2,715 ✭✭✭✭


    << <i>

    << <i>

    << <i>With everyone sending their coins in to be graded I wonder how many sets are still intact?? Will these few remaining sets have any value in the future or must the coin be graded?? I've been told that the coin has to be certified to prove it's from the set-having the intact set doesn't prove it. >>


    Raw sets are now fetching $200 and graded 69 sets are only a few bucks higher. Many of the graded sets are being offered along with the original packaging, so these sets could always be returned to "intact" status if market conditions warrant

    >>

    But! that is a big but if the box is sealed you may rec a bigger price for it maybe. image >>



    Buttttt...the point was that at least the "Maybe-I'll-crack out-my-69-and-return-it-to-OGP" WAS submitted and at least had a chance to be a 70. I would rather take that chance than get a few bucks more for my never to be seen by me 70

    Whatever works....
  • BigABigA Posts: 2,715 ✭✭✭✭


    << <i> The Mint was caught unawares by the quick sellout. On the day afterwards, it issued a statement explaining how it arrived at a 17,000 maximum mintage. It said that the prior offer for Franklin D. Roosevelt had not even reached sales of 14,000 in six months. But the Roosevelt set didn’t have a reverse proof dollar in it. That made all the difference. >>



    Ya think? image
  • ebizgobroebizgobro Posts: 595 ✭✭✭


    << <i>

    So, per the above, the 17K limit would not seem to be statutory.

    What absolutely boggles the mind is HOW could The Mint be "caught off guard" by the sell out citing sales of the FDR which did not have an RP. As so many have mentioned, if they simply monitored this forum they would learn so much.

    Further, if the 17K was based on the FDR and now they see what the demand was for the Truman WHY in world would they not substantially raise the limit for the Eisenhower set w/its RP?? This just makes no sense. This of course assumes that, like the Truman, the Eisenhower has a total RP limit of 17K not just a set limit of 17K as some have speculated based on the wording of the Mint's statements. >>



    I am only guessing:

    The US Mint could not (did not want to) increase the Eisenhower set 17K limit because of the logistics of obtaining OGP, silver medals, stamps and assembling them in the short time between the Truman and Eisenhower sales. They decided instead to reduce the household limit from 5 to 2 sets.

    As some have speculated because of the omission of the wording (only in this set) for the Eisenhower set, there may be additional Eisenhower, Kennedy, and Johnson RPs available in a to-be-announced RP dollar set later this year. A question about the Truman RP (a different mintmark?). With the announcement (but no details) on the new Native American Set on 8/24, the speculation only grows.

    Edited for typos.
  • djmdjm Posts: 1,562 ✭✭✭✭✭
    Does anybody know how to get the stamp graded by PCGS as well as the coin and the metal.
    graded stamp
  • RaufusRaufus Posts: 6,817 ✭✭✭✭✭


    << <i>

    << <i>From this NN article:

    The set had a product limit of 17,000. It contains the first ever reverse proof Presidential dollar, a 2015-P, a Truman Presidential medal and a 1973 8-cent Truman stamp.

    Price of the set was $57.95. >>


    The Truman stamp was 8 cents. The Eisenhower stamp is only 6 cents.

    Therefore, I think the price of the Eisenhower set should be reduced by 2 cents to $57.93. image >>



    But what about the Philatelic value? LOL.
    Land of the Free because of the Brave!
  • RaufusRaufus Posts: 6,817 ✭✭✭✭✭


    << <i>

    << <i> The Mint was caught unawares by the quick sellout. On the day afterwards, it issued a statement explaining how it arrived at a 17,000 maximum mintage. It said that the prior offer for Franklin D. Roosevelt had not even reached sales of 14,000 in six months. But the Roosevelt set didn’t have a reverse proof dollar in it. That made all the difference. >>



    Ya think? image >>



    Truly amazing. It's just not that complicated. How can they not get this stuff.

    Also, as I said, given the 15 minute sell out of the Truman set why are they not increasing the mintage of the Eisenhower sets?? Perhaps its as ebizgobro speculates. Still, their job is to sell coins, they said that they base mintages on prior sales and they would seem to have time to increase the mintage.
    Land of the Free because of the Brave!
  • HATTRICKHATTRICK Posts: 2,167 ✭✭✭✭✭
    As usual the PCGS 70 population which seemed very rare at only 3 has now increased tenfold to 30 and keeps growing.
    Tilltheeyefallsout probably should have accepted one of his earlier offers. His eyes will fall out when he sees how far prices
    have dropped since the first known price of $ 3,600. I would guess when the NGC 70 population comes out it will be in the hundreds.

    EDITED TO SAY: Looks like he changed the ebay sale from BIN $ 25,000 to BIN $ 2,095 and the first one sold for $ 4,500.
    " If you push something hard enough, it will fall over. " The 1st Law of Opposition from The Firesign Theater
  • tincuptincup Posts: 5,205 ✭✭✭✭✭
    As I think about it, the wording "found only in this set!" is kind of.... non binding. It could be rationalized to mean.... found only in this set (the only way to get it right now!). That does not say absolutely that there will not be other chances later. Since there is/was no mintage limit specified, I could see some rational to include the Truman RP at a later date in a 4 coin set with the others. Sneaky? yeh. But that door is cracked open just a little...
    ----- kj
  • Coins101Coins101 Posts: 2,602 ✭✭✭
    Maybe it is just the way I am searching on eBay but it seems the number of sealed sets of 5 has dropped drastically. Qualifier - I am only looking at BIN offerings.
  • BackroadJunkieBackroadJunkie Posts: 3,745 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>From this NN article:

    The set had a product limit of 17,000. It contains the first ever reverse proof Presidential dollar, a 2015-P, a Truman Presidential medal and a 1973 8-cent Truman stamp.

    Price of the set was $57.95. >>


    The Truman stamp was 8 cents. The Eisenhower stamp is only 6 cents.

    Therefore, I think the price of the Eisenhower set should be reduced by 2 cents to $57.93. image >>



    But what about the Philatelic value? LOL. >>

    If that's the case, they should reduce the price of both sets by a quarter. image
  • BackroadJunkieBackroadJunkie Posts: 3,745 ✭✭✭✭✭
    Waaaay back on July 8, I wrote:


    << <i>Of the five RP Trumans, none scream "Grade Me!". Maybe one has a shot. The medals look okay, but one already has a big spot on it. >>



    So I sent in the three crushed Truman sets with the best three $1 and medals ATS.

    All 69's. Ugh.

    Still, it's for the best. I'd rather sell a 69 set than a dinged and damaged raw set...
  • OPAOPA Posts: 17,126 ✭✭✭✭✭


    << <i>Maybe it is just the way I am searching on eBay but it seems the number of sealed sets of 5 has dropped drastically. Qualifier - I am only looking at BIN offerings. >>



    could be, but the auctions for one set continues to climb...now in the $190+ range.

    ebay completed sales
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • Coins101Coins101 Posts: 2,602 ✭✭✭


    << <i>

    << <i>Maybe it is just the way I am searching on eBay but it seems the number of sealed sets of 5 has dropped drastically. Qualifier - I am only looking at BIN offerings. >>



    could be, but the auctions for one set continues to climb...now in the $190+ range.

    ebay completed sales >>



    What is interesting is most of those sets have been opened. They are not sealed. I do see in that list on box of 5 sealed going for $990.00. ($198 each)
  • pitbosspitboss Posts: 8,643 ✭✭✭
    These are going to keep going up as there just are not enough of them to go around.
  • tincuptincup Posts: 5,205 ✭✭✭✭✭


    << <i>These are going to keep going up as there just are not enough of them to go around. >>



    That would seem to be the case. But I also wonder if the demand is just between flippers and speculators.... rather than the retail collectors. If so, it is kind of like a game of musical chairs. Who will be left holding the bag when the music stops?
    ----- kj
  • Coins101Coins101 Posts: 2,602 ✭✭✭


    << <i>

    << <i>These are going to keep going up as there just are not enough of them to go around. >>



    That would seem to be the case. But I also wonder if the demand is just between flippers and speculators.... rather than the retail collectors. If so, it is kind of like a game of musical chairs. Who will be left holding the bag when the music stops? >>



    You had better sell Tincup, before the 4-coin RP set comes out or the music stops!
  • pitbosspitboss Posts: 8,643 ✭✭✭


    << <i>

    << <i>

    << <i>These are going to keep going up as there just are not enough of them to go around. >>



    That would seem to be the case. But I also wonder if the demand is just between flippers and speculators.... rather than the retail collectors. If so, it is kind of like a game of musical chairs. Who will be left holding the bag when the music stops? >>



    You had better sell Tincup, before the 4-coin RP set comes out or the music stops! >>




    I only have 5 of the truman sets and only plan on 4 of the eisenhower's so that is not much invested when I am selling the 09 error coins for big money now that the CPG is coming out.
  • OverdateOverdate Posts: 7,052 ✭✭✭✭✭
    I don't think there will be a shortage of First Strikes for this issue. The bigger advantage of sealed sets is that they haven't been picked over for possible (and elusive) PR70's.

    My Adolph A. Weinman signature :)

  • pitbosspitboss Posts: 8,643 ✭✭✭
    That is why mine are still sealed, I don't need to look at them.
  • wondercoinwondercoin Posts: 16,979 ✭✭✭✭✭
    "As usual the PCGS 70 population which seemed very rare at only 3 has now increased tenfold to 30 and keeps growing.
    Tilltheeyefallsout probably should have accepted one of his earlier offers. His eyes will fall out when he sees how far prices
    have dropped since the first known price of $ 3,600. I would guess when the NGC 70 population comes out it will be in the hundreds.

    EDITED TO SAY: Looks like he changed the ebay sale from BIN $ 25,000 to BIN $ 2,095 and the first one sold for $ 4,500"


    When I saw that they changed the BIN from $25,000 to $2,095, I noticed the first sale being reported at $4,500 and also noticed it was within the 14 day no questions asked return rights on the sale. My guess if I was the seller, there would have about a 99.99% chance the buyer would have asked me to reprice his purchased set to $2,095!! image


    Wondercoin

    PS. I believe I am the cheapest BIN on ebay at $1,795 now and I am getting no offers (yet) at that level.
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • HATTRICKHATTRICK Posts: 2,167 ✭✭✭✭✭
    PCGS PR70 RP TRUMAN

    Looks like two sold for $ 1,249.95. Just shows Truman coin and not graded medal. Don't know if it includes OGP
    " If you push something hard enough, it will fall over. " The 1st Law of Opposition from The Firesign Theater
  • MsMorrisineMsMorrisine Posts: 33,484 ✭✭✭✭✭
    I'm surprised at the 70 panic

    17,000 and only a few will be graded.

    But they are proof flavored


    These should have the usual ratio



    The medals are a different story
    I do note, however, my batch were much better in the no contact mark department than usual medals.


    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • OPAOPA Posts: 17,126 ✭✭✭✭✭


    << <i>"As usual the PCGS 70 population which seemed very rare at only 3 has now increased tenfold to 30 and keeps growing.
    Tilltheeyefallsout probably should have accepted one of his earlier offers. His eyes will fall out when he sees how far prices
    have dropped since the first known price of $ 3,600. I would guess when the NGC 70 population comes out it will be in the hundreds.

    EDITED TO SAY: Looks like he changed the ebay sale from BIN $ 25,000 to BIN $ 2,095 and the first one sold for $ 4,500"


    When I saw that they changed the BIN from $25,000 to $2,095, I noticed the first sale being reported at $4,500 and also noticed it was within the 14 day no questions asked return rights on the sale. My guess if I was the seller, there would have about a 99.99% chance the buyer would have asked me to reprice his purchased set to $2,095!! image


    Wondercoin

    PS. I believe I am the cheapest BIN on ebay at $1,795 now and I am getting no offers (yet) at that level. >>



    Late to the ball game with this one...Don't hold your breath hoping for your price. You might get a nibble at $1,300 & if you do, take it.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • Type2Type2 Posts: 13,985 ✭✭✭✭✭
    Not a bad return for $56 bucks or even $130 + grading if you where lucky to buy them before they went up in price. Good job guy's, I'm keeping them in the box till I get ready to send them in I have time to hold. image


    Hoard the keys.
  • BigABigA Posts: 2,715 ✭✭✭✭


    << <i> You might get a nibble at $1,300 & if you do, take it. >>



    They are taking the worm at a tad over $1400..last two PCGS sets sold yesterday for $1414 and $1630...NGC sets are going for $1325 and $1388

    These are sets...both coins graded
  • pf70collectorpf70collector Posts: 6,672 ✭✭✭
    Overall there are not really that many sets on ebay. Also there is a the slabbed stamp from the chronicles set.

    set with stamp
  • CoinspongeCoinsponge Posts: 3,927 ✭✭✭


    << <i>That is why mine are still sealed, I don't need to look at them. >>




    What has coin collecting come to?image

    image
    Gold and silver are valuable but wisdom is priceless.
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭


    << <i>Overall there are not really that many sets on ebay. Also there is a the slabbed stamp from the chronicles set.

    set with stamp >>



    I like it.
  • OverdateOverdate Posts: 7,052 ✭✭✭✭✭


    << <i>

    << <i>That is why mine are still sealed, I don't need to look at them. >>


    What has coin collecting come to?image
    image >>


    Sealed boxes have an air of mystery about them. There's always the tantalizing possibility that every coin in the box will grade 70. image

    My Adolph A. Weinman signature :)

  • CoinspongeCoinsponge Posts: 3,927 ✭✭✭


    << <i>

    << <i>

    << <i>That is why mine are still sealed, I don't need to look at them. >>


    What has coin collecting come to?image
    image >>


    Sealed boxes have an air of mystery about them. There's always the tantalizing possibility that every coin in the box will grade 70. image >>



    Or they may be completely empty.image
    Gold and silver are valuable but wisdom is priceless.
  • BigABigA Posts: 2,715 ✭✭✭✭
    ...or have 4 sets instead of 5 inside image
  • Coins101Coins101 Posts: 2,602 ✭✭✭


    << <i>...or have 4 sets instead of 5 inside image >>



    ...or 6 sets instead of 5 plus a gold buffalo inside! image
  • BigABigA Posts: 2,715 ✭✭✭✭


    << <i>

    << <i>...or have 4 sets instead of 5 inside image >>



    ...or 6 sets instead of 5 plus a gold buffalo inside! image >>



    ...and eventually sell that sealed box on Ebay image

    Probably get good feedback though image
  • 7over87over8 Posts: 4,733 ✭✭✭
    Sealed boxes of 5 selling now north of $1100.

    There is no profit in these for 69 graded sets at that level, however, two to three buyers keep pushing these sets much higher.

    Even with the increase in graded 70's; not enough to warrant the sealed box prices north of $1100. (your odds of making 70's is diluted by the amount of 69's you'll receive)

    Some other motivation......is someone building a position in these.....will we be looking at a $500 coin in the near future?
  • HalfStrikeHalfStrike Posts: 2,202 ✭✭✭
    I would sell any sets now in sealed boxes, I don't think these prices can be sustained. These are selling like the first Presidential dollar error pricing and that collapsed like a deck of cards. 17,000 may not sound like much but when prices are for hundreds of dollars it is. Does anyone here think these go for $300 plus per coin raw?

    PS Reverse proof dimes go graded in 69 for less than the set cost from the mint. Those coins are DOA already.
  • CoinspongeCoinsponge Posts: 3,927 ✭✭✭


    << <i>I would sell any sets now in sealed boxes, I don't think these prices can be sustained. These are selling like the first Presidential dollar error pricing and that collapsed like a deck of cards. 17,000 may not sound like much but when prices are for hundreds of dollars it is. Does anyone here think these go for $300 plus per coin raw?

    PS Reverse proof dimes go graded in 69 for less than the set cost from the mint. Those coins are DOA already. >>




    For some reason it seams that dimes are usually treated like ugly step children with a few exceptions. Maybe cuz they are so small.
    Gold and silver are valuable but wisdom is priceless.
  • BigABigA Posts: 2,715 ✭✭✭✭


    << <i>

    << <i>I would sell any sets now in sealed boxes, I don't think these prices can be sustained. These are selling like the first Presidential dollar error pricing and that collapsed like a deck of cards. 17,000 may not sound like much but when prices are for hundreds of dollars it is. Does anyone here think these go for $300 plus per coin raw?

    PS Reverse proof dimes go graded in 69 for less than the set cost from the mint. Those coins are DOA already. >>




    For some reason it seams that dimes are usually treated like ugly step children with a few exceptions. Maybe cuz they are so small. >>



    So size DOES matter image

    edited to add: raw set just went for $225 including shipping
  • jessewvujessewvu Posts: 5,065 ✭✭✭✭✭
    I got my grades back today, got a 70 set and a whole lot of 69's

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