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2016 Centennial Gold 1916 coins (16XA, 16XB, 16XC)
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Coinworld reporting from the ANA. Hype for next year! ![image](https://us.v-cdn.net/6027503/uploads/expressions/face-icon-small-happy.gif)
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Centennial 1916 coins
Jeppson said Aug. 11 that he planned to send a letter “this week” to Treasury Secretary Jacob Lew seeking approval to move ahead with plans to produce in 2016 centennial versions of the Winged Liberty Head dime, Standing Liberty quarter dollar and Walking Liberty half dollar in .9999 fine gold.
The dime would be a tenth-ounce coin, the quarter dollar a quarter-ounce piece and the half dollar a half-ounce coin.
All three coins were originally struck for circulation in an alloy of 90 percent silver and 10 percent copper. Jeppson said the approval process could take two months. Many of the coin matters under Lew’s authority have been delegated to Deputy Treasury Secretary Sarah Bloom Raskin.
Jeppson and Jon Cameron, acting associate director of sales and marketing for the Mint, said Mint officials are looking at various possibilities of surface finishes for use on the three coins, as well as packaging options.
There is also a possiblility of a palladium bullion coin next year. Jeppson said Aug. 11 that he planned to send a letter “this week” to Treasury Secretary Jacob Lew seeking approval to move ahead with plans to produce in 2016 centennial versions of the Winged Liberty Head dime, Standing Liberty quarter dollar and Walking Liberty half dollar in .9999 fine gold.
The dime would be a tenth-ounce coin, the quarter dollar a quarter-ounce piece and the half dollar a half-ounce coin.
All three coins were originally struck for circulation in an alloy of 90 percent silver and 10 percent copper. Jeppson said the approval process could take two months. Many of the coin matters under Lew’s authority have been delegated to Deputy Treasury Secretary Sarah Bloom Raskin.
Jeppson and Jon Cameron, acting associate director of sales and marketing for the Mint, said Mint officials are looking at various possibilities of surface finishes for use on the three coins, as well as packaging options.
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The entertainment can never be overdressed....except in burlesque
<< <i>Seven second sell out. >>
yep!
<< <i>
<< <i>Seven second sell out. >>
yep! >>
Depends on how many sets they make. I'm still waiting for the 2015 HR American Liberty gold coin to sell out.
Worry is the interest you pay on a debt you may not owe.
<< <i>What if they made them in silver too, extending the sets? >>
...then I would jump on board. This would be a great opportunity for the mint to pull their head out of the sand and have a "made to order" set, instead of a miniscule mintage, at least 52,000 like the 1916 SLQ was minted.
Just a dumb idea making them in gold instead of the original .900 silver.
Issued in gold?...pass.
BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore...
<< <i>
<< <i>What if they made them in silver too, extending the sets? >>
...then I would jump on board. This would be a great opportunity for the mint to pull their head out of the sand and have a "made to order" set, instead of a miniscule mintage, at least 52,000 like the 1916 SLQ was minted.
Just a dumb idea making them in gold instead of the original .900 silver.
Issued in gold?...pass. >>
The mint has special dispensation to create coins in gold. They just need TreasSec to sign off on it.
Silver's another matter. They can create silver medals, but not coins. I believe that still requires an act of congress.
That's why the Au 2015 HR is a coin, and the silver version was to be a medal.
<< <i>How about CLAD. Full substitution of "regular" designs for the year. Put the wheat ears back on the cent and restrike the exact buffalo nickel. Gold strikes are useless flipper material lost to the general public. >>
I would support this idea!
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I knew it would happen.
<< <i>You can be sure that if there is a way to carry out a program that will abuse their customer base, the Mint is the right organization for the job. >>
If the mintage limit is high enough there should be enough for everyone that wants one at the mint's usual grossly high prices. Think of the gold Kennedy and the HR American Liberty.
Worry is the interest you pay on a debt you may not owe.
I knew it would happen.
https://photos.app.goo.gl/5PUkPSYRhXQQrQRNA
<< <i>grand more junk to deal with from the mint >>
You don't have to "deal with" this "junk". The mint is not forcing you or anyone else to buy it.
Worry is the interest you pay on a debt you may not owe.
I grew up with the JFK half dollar, so I wanted that one. With bunch I'd rather have the real thing in Proof if that was made, or a Standing Liberty quarter with a full head since the Proof is pretty much impossible.
<< <i>How about CLAD. Full substitution of "regular" designs for the year. Put the wheat ears back on the cent and restrike the exact buffalo nickel. >>
Only if they were put in circulation
United States Mint Moves Forward with Plans to Commemorate 100th Anniversary of Three Iconic Coin Designs
and more to the point,
Should be in 90 percent. ..
Will there be a discount for rolls?
If the gold value drops below face value, can they be spent?
Will the date wear off easily on the Standing Liberty quarters?
Will complete sets still be complete without them?
These important topics should occupy our time until the gold 2021 Peace dollars are announced!![image](https://us.v-cdn.net/6027503/uploads/expressions/face-icon-small-happy.gif)
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The Treasuary can issue gold coins under current law, but silver coins requires an act of Congress.
The problem of issuing them in silver was addressed in another thread.
The Treasuary can issue gold coins under current law, but silver coins requires an act of Congress.
What about platinum? It looks more like silver and (at the moment) is way cheaper than gold.
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Mint projects potential sales for 2016 centennial coins in gold
Jurkowsky said that in 2014, the Mint sold 64,305 of the 24-karat gold Proof 1964–2014-W 50th Anniversary John F. Kennedy half dollar, generating $76.2 million in revenue. In 2013, the Mint sold 43,800 Reverse Proof 2013-W American Buffalo gold $50 coins, generating $49.9 million in revenue.
Based on the sales performance of those two numismatic products, U.S. Mint official estimate sales for the three 2016 24-karat gold 100th anniversary coins could reach between 145,000 and 225,000 units combined, Jurkowsky said. Those sales represent potential sales revenue of between $54 million and $119 million at prevailing gold prices, he said.
Couple things about this. First, the mint does project sales based on past products, which would explain the 17K Truman/Hoover C&C fiasco.
Second, from the tone of these statements, there probably won't be a mintage limit, or like the Kennedy, an unattainable high mintage. But it would be amazing if they could move 225K coins...
option #1 - an alloy of 10% Gold and 90% Silver
option #2 - a Clad Gold Coin ( Gold inner core, clad in Silver )
I would like a three coin set in .999 Silver in Matte Proof
but, I'll pass on Gold. Senseless to tie up that money for Gold.
~~~~~~~~~~~~
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That could easily come to pass because the individual prices of each of the three coins will likely be lower than the price of the Kennedy. The WL half will have 1/2 ounce of gold, compared to 3/4 ounce for the Kennedy. The quarter and dime will have 1/4 ounce and 1/10 ounce respectively. Given the Mint's normal markup on gold, all three coins should see robust sales, especially the dime.
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The other two coins are still TBD. The coin's web page is still clueless, so they may be in the middle of an update. The Dime placeholder page:
Mercury Dime 2016 Centennial Gold Coin (16XB)
It might be a while before we get real images, they don't even have the NPS commem pages set up yet, which goes on sale in 2.5 weeks...
Here's a warning parable for coin collectors...
It will also have a circulation stike finish. I am disappointed that there's no mention of mintage or household limits.
2016-W Winged Liberty Head Centennial gold dime for sale April 21
Thank goodness I have no desire to buy the NPS commems. My nickels are going to the centennial gold... ;-)
The problem of issuing them in silver was addressed in another thread.
The Treasuary can issue gold coins under current law, but silver coins requires an act of Congress.
What about platinum? It looks more like silver and (at the moment) is way cheaper than gold.
Why not palladium? Same color but a lot cheaper.
The problem of issuing them in silver was addressed in another thread.
The Treasuary can issue gold coins under current law, but silver coins requires an act of Congress.
What about platinum? It looks more like silver and (at the moment) is way cheaper than gold.
Why not palladium? Same color but a lot cheaper.
Agreed
Looks like the Mercury Dime placeholder & release date disappeared from the product schedule. Searching for & clicking on the Dime shows N/A. Mint playing with this offering?
More like the USMint screwed up updating it's listing, coincidental to the US Parks release.
So what else is new. LOL
USMint gold dime release for Apr 21?, I'd say it's on.
MHO, then again it's the USMint
Box of 20
So there will probably be proof like versions of these.
Business strike only, I believe.
The baseball fiasco and the Truman and JFK dollar set distribution left me totally turned off and disinterested in those mint products. If the mint is going to play distribution games, especially with the collectors who have bought coins from it for years, the mint can shove it.
I no longer let the mint suck me into their modern crap scam.
Cheers
Bob
Coin World states:
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
But the interesting thing is that West Point has ENDED production of the gold dime per CW. This means no open mintage.
Based on the sales performance of those two numismatic products, U.S. Mint official estimate sales for the three 2016 24-karat gold 100th anniversary coins could reach between 145,000 and 225,000 units combined,