Home U.S. Coin Forum

2016 American Liberty Silver Medal (UH9 / UH10)

12346

Comments

  • I don't know if anyone wants these, but you can pick up flag label S and W set 70's for $590! I think with the going price this is very fair if anyone wants a set! L and C coins
  • CascadeChrisCascadeChris Posts: 2,529 ✭✭✭✭✭
    Got mine today. Very nice. You'd think with such empty field space there would be a lot more nicked up and debris strikethrough coins being reported. Looks like they learned a lesson from the 2015 c&c sets
    The more you VAM..
  • PipestonePetePipestonePete Posts: 1,959 ✭✭✭✭✭
    I agree, Chris. I received mine today and the fields on these medals are gorgeous.
  • CascadeChrisCascadeChris Posts: 2,529 ✭✭✭✭✭
  • COCollectorCOCollector Posts: 1,346 ✭✭✭✭✭
    Originally posted by: CascadeChris

    Good read...



    http://news.coinupdate.com/ame...of-numismatic-product/




    Excellent article. Thanks for posting.



    Successful BST transactions with forum members thebigeng, SPalladino, Zoidmeister, coin22lover, coinsarefun, jwitten, CommemKing.

  • BackroadJunkieBackroadJunkie Posts: 3,745 ✭✭✭✭✭
    I've got this sealed brown box in front of me, and I've been deciding what to do with 'em...

    I may send them in for entombing and play the grade game. I mean, they're all 70's, right? image (My 2015 HR made it into a MS70 slab, I may try to get a matching PF-70 medal set to go with her.)

    Quick, someone offer me an obscene amount of money for these before I open the box. That way I won't get 4-69's back. BWAhahahaha....
  • pf70collectorpf70collector Posts: 6,755 ✭✭✭
    Seems like the mint is making the 30th Anniversary American Silver Eagle a smooth edge with lettering as a transitional element to the 2017 American Liberty Medal Series thus ending the ASE proof program but keeping the ASE bullion program intact as suggested by some of the comments on the above article.

    If true, than the 2016 will most likely become the key and if the new series becomes popular for a 30 year run, the 2016 may become like the 1995 W ASE. I will be in my mid 80s to cash in.image
  • MilesWaitsMilesWaits Posts: 5,442 ✭✭✭✭✭
    After reading that article, thank you for posting that, the value on these metals just went up significantly.......to me.
    Now riding the swell in PM's and surf.
  • pf70collectorpf70collector Posts: 6,755 ✭✭✭
    I received 3 of my 4 coins, but the last package with the W mint Silver Liberty has probably been lost or pilfered by FED EX. It has been in pending delivery for 7 days now and its only 2 states away. The mint advised sending in a Non Receipt Certificate. Oh well. If the 70 FS Ws drop in price will probably buy one then. Right now the $295 price from L&C is too much.
  • They are all over now being sold and all for around the same price. The thing I notice is when you add to cart on these huge sites they have less then 5 to sell. I honestly think you might have to sit on these for a year minimum. 2017 if the medals continue with higher mintage's these will be winners. If for some reason they discontinue the proof eagles next year and have this series instead with 500,000 to 800,000 mintage we got extremely lucky and you have to keep a set for PC. I think whoever got in day 1 these will be winners all around even as a stand alone, but I think prices would decrease with the scenario.
  • OverdateOverdate Posts: 7,162 ✭✭✭✭✭
    Why would they discontinue the proof Silver Eagles? I've seen the speculation but is there any evidence at all that this might happen? The 2016 medal has nothing in common with the Silver Eagle aside from being struck using the same planchet.

    My Adolph A. Weinman signature :)

  • CascadeChrisCascadeChris Posts: 2,529 ✭✭✭✭✭
    The silver eagle is getting old and tired. Many collectors want something new. I think the fact that there is no 30th anni set is telling along with the whispers of this replacing it. Time will tell but I think it would be a breath of fresh air to kill the ase and replace with this. I'm holding onto my 4 as the gamble of this being a super low mintage key to a new series is too great. Again though time will tell but the fact that they put a date on it speaks volumes imo
    The more you VAM..
  • MilesWaitsMilesWaits Posts: 5,442 ✭✭✭✭✭
    These were a gift no matter how you cut it.

    An Insanely low vintage with a new design on affordable silver with an unknown future.

    Pauly is right, those that got these from the mint are clear winners.

    I have an open box courtesy of my sister-in-law and good Lord these are beautiful with an incredible profile.
    Now riding the swell in PM's and surf.
  • OverdateOverdate Posts: 7,162 ✭✭✭✭✭
    Originally posted by: CascadeChris
    The silver eagle is getting old and tired. Many collectors want something new. I think the fact that there is no 30th anni set is telling along with the whispers of this replacing it. Time will tell but I think it would be a breath of fresh air to kill the ase and replace with this. I'm holding onto my 4 as the gamble of this being a super low mintage key to a new series is too great. Again though time will tell but the fact that they put a date on it speaks volumes imo

    I think there would be a better chance of it being the key to a new series if it were an actual coin, like the gold coin that preceded it. I haven't heard any rumors about the gold eagle being replaced. And the silver eagle is not being struck primarily for collectors, it's an immensely popular bullion coin with over 40 million sold per year. I don't think the Mint is going to make any radical changes that might interfere with that success.

    The 2016 silver medal could be the start of a new series of medals struck on silver eagle planchets, and might become the key to that series.

    My Adolph A. Weinman signature :)

  • pf70collectorpf70collector Posts: 6,755 ✭✭✭
    Originally posted by: Overdate
    Originally posted by: CascadeChris
    The silver eagle is getting old and tired. Many collectors want something new. I think the fact that there is no 30th anni set is telling along with the whispers of this replacing it. Time will tell but I think it would be a breath of fresh air to kill the ase and replace with this. I'm holding onto my 4 as the gamble of this being a super low mintage key to a new series is too great. Again though time will tell but the fact that they put a date on it speaks volumes imo

    I think there would be a better chance of it being the key to a new series if it were an actual coin, like the gold coin that preceded it. I haven't heard any rumors about the gold eagle being replaced. And the silver eagle is not being struck primarily for collectors, it's an immensely popular bullion coin with over 40 million sold per year. I don't think the Mint is going to make any radical changes that might interfere with that success.

    The 2016 silver medal could be the start of a new series of medals struck on silver eagle planchets, and might become the key to that series.



    Both the mint and treasury have become very politically correct lately with Tubman on the $20 and now this medal. There are good arguments for keeping the ASE and ending the series. The bullion ASE would probably stay intact. Maybe the mint is thinking it could sell 800,000 of these proof medals with changing designs each year. Who knows.
  • I guess it all depends on your definition of a coin (And not the technical one). In the 29 year run of american eagles has any transaction taken place of the face value of the eagle. Has anyone ever thrown 2 up on the counter for a pack of gum? Or how about a one ounce gold to pay for $50 worth of groceries? Just because it has a denomination on it, would it still be one if never used as one? I feel that it is just the main way for the world to trade one ounce of silver and gold no difference if it has a $1 denomination or not it is still being used for the same thing! Someone not knowing still uses pre-1964 silver coins everyday to pay for things, that's what makes them coins. Give that person an eagle and they would go to a pawn shop to get the correct value and not throw it up on a counter to pay for something $1 or $50.
  • VanHalenVanHalen Posts: 4,330 ✭✭✭✭✭
    Originally posted by: Paulyaces76

    I guess it all depends on your definition of a coin (And not the technical one). In the 29 year run of american eagles has any transaction taken place of the face value of the eagle. Has anyone ever thrown 2 up on the counter for a pack of gum? Or how about a one ounce gold to pay for $50 worth of groceries? Just because it has a denomination on it, would it still be one if never used as one? I feel that it is just the main way for the world to trade one ounce of silver and gold no difference if it has a $1 denomination or not it is still being used for the same thing! Someone not knowing still uses pre-1964 silver coins everyday to pay for things, that's what makes them coins. Give that person an eagle and they would go to a pawn show to get the correct value and not throw it up on a counter to pay for something $1 or $50.




    So you are suggesting an American Eagle is not a coin?



  • BackroadJunkieBackroadJunkie Posts: 3,745 ✭✭✭✭✭
    Originally posted by: pf70collector
    Originally posted by: Overdate
    Originally posted by: CascadeChris
    The silver eagle is getting old and tired. Many collectors want something new. I think the fact that there is no 30th anni set is telling along with the whispers of this replacing it. Time will tell but I think it would be a breath of fresh air to kill the ase and replace with this. I'm holding onto my 4 as the gamble of this being a super low mintage key to a new series is too great. Again though time will tell but the fact that they put a date on it speaks volumes imo

    I think there would be a better chance of it being the key to a new series if it were an actual coin, like the gold coin that preceded it. I haven't heard any rumors about the gold eagle being replaced. And the silver eagle is not being struck primarily for collectors, it's an immensely popular bullion coin with over 40 million sold per year. I don't think the Mint is going to make any radical changes that might interfere with that success.

    The 2016 silver medal could be the start of a new series of medals struck on silver eagle planchets, and might become the key to that series.



    Both the mint and treasury have become very politically correct lately with Tubman on the $20 and now this medal. There are good arguments for keeping the ASE and ending the series. The bullion ASE would probably stay intact. Maybe the mint is thinking it could sell 800,000 of these proof medals with changing designs each year. Who knows.


    They're not going to end the proof. It's allowed by law.

    Medals can only be struck when it does not interfere with normal mint operations (again, by law). 800K would definitely impact normal operations, in both time needed to stike the rounds, as well as the supply of blanks needed. So I doubt this would happen.

    The American Liberty series will be just that. Their own series. There is already a 2017 gold HR in the pipeline, and I'm sure a silver medal will accompany it.

    This series will be born out of the Artistic Infusion program.
  • BackroadJunkieBackroadJunkie Posts: 3,745 ✭✭✭✭✭
    Originally posted by: Paulyaces76
    I guess it all depends on your definition of a coin (And not the technical one). In the 29 year run of american eagles has any transaction taken place of the face value of the eagle. Has anyone ever thrown 2 up on the counter for a pack of gum? Or how about a one ounce gold to pay for $50 worth of groceries? Just because it has a denomination on it, would it still be one if never used as one? I feel that it is just the main way for the world to trade one ounce of silver and gold no difference if it has a $1 denomination or not it is still being used for the same thing! Someone not knowing still uses pre-1964 silver coins everyday to pay for things, that's what makes them coins. Give that person an eagle and they would go to a pawn shop to get the correct value and not throw it up on a counter to pay for something $1 or $50.


    Doesn't matter that it has a low par value. It is still legal tender according to the statutes on the books right now.

    Same thing with commems. They are by definition, NCLT. But they are still legal tender.
  • A small piece of metal, usually flat and circular, authorized by a government for use as money.
    Not silver content value! Will anyone ever use an eagle as money? I think it is a good question. If crap hits the fan your holding an eagle and I am holding a 1oz bar we are both getting the same amount of goods! A guy does a video taking an eagle in to try and pay for things and I wish I was in that video, I would have taken it and took a buck off the price, see how he would have liked that! Try and take a 1964 quarter into Burger King see if they will take more then 25 cents off! So, I guess my answer would be NO it is not a coin and never has been! Until people actually use it for face value! This liberty medal is no different, and will never be used as a coin! The coin act says its a coin! Whatever
  • APMEX has the PCGS70 for $269 and 69 for $169
  • wondercoinwondercoin Posts: 17,005 ✭✭✭✭✭
    I just looked and the PCGS coins have no price, while the NGC coins are the ones priced at $269? Not to mention, delivery is nearly a month from now! I am trying to match or beat anyone's advertised price on the PCGS medals and I have coins in stock and ready to ship Today.

    Wondercoin.
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • OverdateOverdate Posts: 7,162 ✭✭✭✭✭
    Originally posted by: BackroadJunkie
    Same thing with commems. They are by definition, NCLT. But they are still legal tender.

    And occasionally commems become circulating legal tender. It's not difficult to find well-worn Columbian half dollars as well as some later issues.

    My Adolph A. Weinman signature :)

  • It is displaying on the bottom of my ebay page through the "sponsored link" it has a price on it for pcgs70 but true when you go to their site it has no price for PCGS70 only PCGS69. I know your coins are legit wondercoin just pointing out for people who thought pcgs70 would be $1000. I would love a PCGS70 but then I look at my PCGS70 spotted eagles and hesitate. I think there is some relationship here?
  • wondercoinwondercoin Posts: 17,005 ✭✭✭✭✭
    Thanks. And, FYI, very first open bid auctions on both the PCGS Flag Medal Set as well as the special label Medal set closes tonight on eBay. So, "true" auction prices will be known this evening. Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • OverdateOverdate Posts: 7,162 ✭✭✭✭✭
    Originally posted by: Paulyaces76
    Someone not knowing still uses pre-1964 silver coins everyday to pay for things, that's what makes them coins. Give that person an eagle and they would go to a pawn shop to get the correct value and not throw it up on a counter to pay for something $1 or $50.

    Back in the 1990's when silver was much cheaper, some people would leave silver eagles as restaurant tips. I wonder what the recipients did with these coins. Since the occasional Ike dollar still showed up in change, some who received such tips may have seen the silver eagles as "just another big dollar coin" and actually tried to spend them.

    My Adolph A. Weinman signature :)

  • GoldminersGoldminers Posts: 4,352 ✭✭✭✭✭
    Originally posted by: CascadeChris
    The silver eagle is getting old and tired. Many collectors want something new. I think the fact that there is no 30th anni set is telling along with the whispers of this replacing it. Time will tell but I think it would be a breath of fresh air to kill the ase and replace with this. I'm holding onto my 4 as the gamble of this being a super low mintage key to a new series is too great. Again though time will tell but the fact that they put a date on it speaks volumes imo


    The ASE is not dead but agree maybe is tired. They are trying to get it motivated with edge lettering for the 30th Anniversary, but that is a technical problem and may cause some to show up with missing letters so could get some buying interest.

    I wish they would eliminate the burnished coins and the satin finish ATB's. Sand blasting a coin after it is struck seems wrong to me and the details are lost.

    Their future profit margin on this Liberty medal will make them want to do more. It may make the first year 2016 worth a bit more too, as it will almost certainly be the lowest mintage for quite a few years.
  • I will say the price those auctions are at right now, will not beat the L and C coins at $590 a set, or $295 a piece. We shall see and I could be wrong, I am used to it!
  • Also, for the people that sent them in any grades yet? What were the percentages like? I sent mine ATS, I also deal in comics so that is the best place for me. Kind of a 2 for 1. I have 4 sets ATS (That I bought from the mint!), but bought a PCGS set also. I will sell my 69's to pay for the PCGS set, maybe! Moderncoinmart has the most I have seen by far no PCGS's though.
  • GoldminersGoldminers Posts: 4,352 ✭✭✭✭✭
    Originally posted by: Paulyaces76
    I will say the price those auctions are at right now, will not beat the L and C coins at $590 a set, or $295 a piece. We shall see and I could be wrong, I am used to it!


    There seem to always be a couple people who will bid things up way above what they will eventually fall back to, to be "first" to own something. First in line at ANA, first PCGS MS70 graded pop 1, first day label, first strike, first of whoever signed the lower pop labels, first eBay auction, etc, etc.

    I find there are almost always people willing to pay more than I will offer for something. That said, there are always even more people willing to buy it for much less than what I paid.
  • meluaufeetmeluaufeet Posts: 767 ✭✭✭
    Maybe the liberty will replace the gold buffs. Then they could just keep making the silver liberty medals.
  • jerseyralphjerseyralph Posts: 125 ✭✭✭
    The spotting of silver eagles is why I sold all my silver eagles and flipped these medals. I will hold platinum and gold coins, but not silver coins.
    Only time will tell whether platinum is king.
  • del
  • pf70collectorpf70collector Posts: 6,755 ✭✭✭
    Originally posted by: jerseyralph
    The spotting of silver eagles is why I sold all my silver eagles and flipped these medals. I will hold platinum and gold coins, but not silver coins.


    Same reason I sold my complete NGC PF 70 set except the 1995 W in 2012. I would hesitate also buying a 70 of these medals because of spotting since they are no longer guaranteed against spotting.

    My entire PCGS 70 2011 ASE 25th Anniversary Set spotted shortly after I bought it and that was the reason I sold off my entire NGC set.

    I still hold NGC 70 Anniversary Sets from 2011, 2012 and 2013 which so far haven't spotted.
  • MilesWaitsMilesWaits Posts: 5,442 ✭✭✭✭✭
    Very good points about the spotting. My mind has lapsed on that and I was considering some 70s. I will stick with my raw versions.
    Now riding the swell in PM's and surf.
  • jmski52jmski52 Posts: 23,288 ✭✭✭✭✭
    Maybe the liberty will replace the gold buffs. Then they could just keep making the silver liberty medals.

    If they do that, they would have to keep making High Relief coins, and I'm ok with that.

    The spotting of silver eagles is why I sold all my silver eagles and flipped these medals. I will hold platinum and gold coins, but not silver coins.

    Oddly enough, I've never encountered spotting or toning on unslabbed silver or gold eagles.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • MACGE1MACGE1 Posts: 269 ✭✭✭
    Oddly enough, I've never encountered spotting or toning on unslabbed silver or gold eagles.



    There's a very good reason for that.

    link

    Read the description in this listing, and no I'm not trying to sell anything I'd like to explain what I think is going on.

  • Very interesting, makes sense. Wish it was known before my expensive collection was ruined.
  • MilesWaitsMilesWaits Posts: 5,442 ✭✭✭✭✭
    Originally posted by: MACGE1
    Oddly enough, I've never encountered spotting or toning on unslabbed silver or gold eagles.



    There's a very good reason for that.

    link

    Read the description in this listing, and no I'm not trying to sell anything I'd like to explain what I think is going on.



    And what does "Mac will only sticker coins that are in a holder which will not build up PVC gas" imply?
    Which are the "safe" slabs?
    Now riding the swell in PM's and surf.
  • MACGE1MACGE1 Posts: 269 ✭✭✭
    Originally posted by: MilesWaits
    Originally posted by: MACGE1
    Oddly enough, I've never encountered spotting or toning on unslabbed silver or gold eagles.



    There's a very good reason for that.

    link

    Read the description in this listing, and no I'm not trying to sell anything I'd like to explain what I think is going on.



    And what does "Mac will only sticker coins that are in a holder which will not build up PVC gas" imply?
    Which are the "safe" slabs?


    I don't think that it would be nice of me to publicly post a list of which slabs we think are safe here as not to insult our hosts. If you'd like to know the conclusion of our research as to which PCGS and NGC slabs are safe in our opinion please PM me.

  • VanHalenVanHalen Posts: 4,330 ✭✭✭✭✭
    Originally posted by: jmski52

    Oddly enough, I've never encountered spotting or toning on unslabbed silver or gold eagles.





    Originally posted by: MACGE1



    There's a very good reason for that.



    link



    Read the description in this listing, and no I'm not trying to sell anything I'd like to explain what I think is going on.







    Believe me there are plenty of toned and spotted raw ASE out there, I've got some in my SDB now. Whether the spotting was as minted (i.e. planchet milk spots) or developed after minting I cannot say with 100% certainty however. Now toning? Come on, I'm sure you've seen a raw toned ASE.







  • del
  • BackroadJunkieBackroadJunkie Posts: 3,745 ✭✭✭✭✭
    Numbers from the mint:
    DateDesc (UH9)Number soldNet Increase
    8/28/20162016 AMERICAN LIBERTY SILVER MEDAL (WP)12,2210
    9/4/20162016 AMERICAN LIBERTY SILVER MEDAL (WP)12,203-18
    9/11/20162016 AMERICAN LIBERTY SILVER MEDAL (WP)12,201-2
    DateDesc (UH10)Number soldNet Increase
    8/28/20162016 AMERICAN LIBERTY SILVER MEDAL (S)12,2190
    9/4/20162016 AMERICAN LIBERTY SILVER MEDAL (S)12,201-18
    9/11/20162016 AMERICAN LIBERTY SILVER MEDAL (S)12,200-1
    Talk about no returns...
  • KudbegudKudbegud Posts: 4,735 ✭✭✭✭✭
    Not just so few returns but that both mint marks are close to equal. Looks like most got one of each.



    A question:

    You get these numbers from the Federal Register? Would you post a link please. Or in a PM to me?

    Thanx

  • VanHalenVanHalen Posts: 4,330 ✭✭✭✭✭
    Originally posted by: Kudbegud

    Not just so few returns but that both mint marks are close to equal. Looks like most got one of each.



    A question:

    You get these numbers from the Federal Register? Would you post a link please. Or in a PM to me?

    Thanx




    This data is updated on Tuesdays: U.S. Mint



  • BackroadJunkieBackroadJunkie Posts: 3,745 ✭✭✭✭✭
    Originally posted by: VanHalen
    Originally posted by: Kudbegud
    Not just so few returns but that both mint marks are close to equal. Looks like most got one of each.

    A question:
    You get these numbers from the Federal Register? Would you post a link please. Or in a PM to me?
    Thanx


    This data is updated on Tuesdays: U.S. Mint



    Correct. If you click on the "Download all the data to date in XLS format" link, you'll get the master file for all the weekly sales reports going back to June 2013.

    If you don't have anything that will open an XLS file, changed the file extension to ".html" and open it with a browser. (It's not really an XLS file, but an HTML/XML table.)
  • Now, will they sell the other 300 of each? Or, will the mintage be smaller?
  • spotthedogspotthedog Posts: 313 ✭✭✭
    I sent back for exchange the two "w" coins I received, both had major spotting action going on. I just received my notice that two replacement coins have shipped. I hope they are better than the originals .
  • KudbegudKudbegud Posts: 4,735 ✭✭✭✭✭
    Originally posted by: VanHalen

    Originally posted by: Kudbegud

    Not just so few returns but that both mint marks are close to equal. Looks like most got one of each.



    A question:

    You get these numbers from the Federal Register? Would you post a link please. Or in a PM to me?

    Thanx




    This data is updated on Tuesdays: U.S. Mint







    Yes thanks I knew this. He seems to get the numbers before Tuesday and that was my question.

  • CascadeChrisCascadeChris Posts: 2,529 ✭✭✭✭✭
    Originally posted by: spotthedog

    I sent back for exchange the two "w" coins I received, both had major spotting action going on. I just received my notice that two replacement coins have shipped. I hope they are better than the originals .




    Wow. That was a gamble
    The more you VAM..

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file