$865 for a half oz. of pure gold??
Goldbully
Posts: 17,489 ✭✭✭✭✭
Who's buying these widgets?
0
Comments
I bought one. You won't find this strike on any proof Walker.
Still nope for me...
I bought one too, for display. No interest in flipping or reselling, just something to enjoy. Nothing wrong with that, right?
10-4,
My Instagram picturesErik
My registry sets
I'd rather spend my money on @dcarr's 1964d morgans. The PL version should be coming out any day now
I've only bought two Mint products in 10 years. The 2009 UHR and this one.
Lance.
Got the email that the household limits have been lifted.
It is a nice piece no doubt, so if it floats your boat, buy away!
Try buying a new car and drive it off the lot and see what you can sell it for. it's all the same. Stop judging. Enjoy!
I still have the quarter and am not sorry, but I haven't looked at it since the second day.
Lower price point coming in 48 hours.
No Walking Liberty set is complete without it.
I'm still hoping to find one in circulation.
My Adolph A. Weinman signature
It is nice looking, but priced high and small compared to the original.... I really would have preferred to see a silver set, identical to the originals.... THAT I would have purchased. Cheers, RickO
What's the point of this thread? You've been a respected member around this community. This just makes you look like a condescending whiner to the many people that purchased this beautiful piece.
well, I believe you got the two most picturesque, Lance!
Great images by the way!
Patches highlights a valid point to the OP. I am suspecting the word "widgets" may have sparked that. As if a half ounce of one of the most beautiful 20th century American coins struck in 24k gold is a widget. However, I have and AM as guilty of using verbiage the same way, in this realm. Economics dictates what many of us can have ...and hold.
So, I would think this piece will be as strong in the future as the Indian Eagles of the past. .... going into the next century.
Buy / Hold.
Collectors don't usually sell anyway. That's not who we are deep down. We treasure our national treasures. ...typically.
It may be flipped like pancakes for many years. But it's still gorgeous... as widgets go.
Well said TwoSides. I agree and as they say "beauty is in the eyes of the beholder." And many collectors be holding one of these beauties.
I agree with TwoSides in that "widget" now has a bad connotation. To those whose point in collecting is for investment, Goldbully probably is right. That is these will always be available and not be a good investment. This is a beautiful coin as is the ASE (bullion), but will never be so scarce as to make it an investment. The division is between investing and collecting.
And the good news is you can buy as many as you want now since the HH limits have been removed by the Mint.
I still own zero.
I'm sitting this one out.
The US Mint web site shows that 48,976 have been sold as of Nov 27. Not sure if the mint can sell the production limit of 70,000 but a sellout is entirely possible.
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'm still on the fence.
For a SP70 FS 1/2 oz coin, I'm in for 3.
Hope PCGS comes up with a 3 coin holder for all 3 - I'm keeping one set and giving one set to each kid.
Never knew "widget" used to have a good connotation. Always thought its' use to be derogatory in terms of coins.
Not by 2016 years end. Eventually.
I subscribe to the Mint "bad deal is a good speculation" theory. When the Mint produces an obviously over-priced piece that has a nice-looking classic design, has a bit of history attached, is minted in quantities that will probably sell out and yet enough that it can be mass-marketed - my inclination is that it might work out in the long run as a reasonable investment. From a bullion standpoint, this one is certainly a bad deal @ 41% to 44% over spot. From a demand point of view, the jury is still out. I suspect that the economy will affect performance for the next couple of years. That, and also whether or not the Mint continues to dilute pocketbooks by milking collectors as much as possible in 2017 and 2018 with too many new issues (which I completely expect to be the case).
Does that help?
I knew it would happen.
How many Gold Kennedy's did they make? More Kennedy Collectors or less? That might be a way of seeing the future of these coins, Still not a good deal for me though.
Well it's a gold widget and a very beautiful one at that............I believe it will be
majorly sought after and expensive in a hundred years
Steve
The gold Kennedy half dollars have 3/4 oz of gold while the gold Walkers have only a half ounce of gold so I'm not sure this is a valid comparison. Similar but different.
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
Which won't do me a bit of good since I am less than a year away from the big 6-oh...
mbogoman
https://pcgs.com/setregistry/collectors-showcase/classic-issues-colonials-through-1964/zambezi-collection-trade-dollars/7345Asesabi Lutho
Hehe bout 2 1/2 fer me so ya, I won't get in on that one
Steve
I could have been nicer, sorry for the condescending whine......gorgeous coin, just way over priced.....ergo the HH limit lifted.
Used in a loving way for this thread.
People get defensive over nothing.
Great transactions with oih82w8, JasonGaming, Moose1913.
Speak for yourself!
It's a great design, no doubt. Perhaps the best ever.
That's probably why it's been produced and reproduced about a billion times, if you count the originals, the ASEs, and the large number of private bullion producers who have used it on assorted rounds of various sizes.
Liberty: Parent of Science & Industry
Point is I can guess.... conversation. Is this a forum ?. These WLG are high prob money losers, unlike the 2006 Anniv sets or the 2011 Silver Anniv sets, 2009UHR.
.Please .. to look in mirror regarding whiner
I plan on getting one but it's frustrating the mint can't be consistent with their products. How cool would it be to display the gold Kennedy half dollar next to this one? But they're different sizes. SMH
It would be neat if Capital Plastics, NGC or PCGS brought out a three coin slab for the original WLH, the ASE, and this gold WLH. All three would be different but have the same obverse design which would make a very attractive set.
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
Please refresh my failing memory. If these don't sell out by 31 Dec, does the Mint halt all sales or will they carry over in 2017. If they halt the sales and the total sold is ~ 50k, would that change some perspectives on this?
Vietnam Vet 1968-1969
I actually thought the Standing Liberty design (in .999 gold) would have been the winner design (I actually thought they all would be highly desired). But the placement of the purity of gold on the Standing Liberty design sorta wrecked the beauty of the design in my eyes. It just sticks out like a sore thumb. One day I may end up buying one on the after market, but I couldn't because it just looked like someone with no clue as to the beauty of coin design made a decision to place the purity in the worst possible spot.
I only bought one and I think it's a beauty but I wish it would have been a full ounce.
Successful card BST transactions with cbcnow, brogurt, gstarling, Bravesfan 007, and rajah 424.
These are technically bullion pieces so I would think they would carry on through 2017
I don't care if a gazillion were or are made, beauty rules.
There are plenty of pretty blondes but I never tire of their unique nature.
What about pretty redheads?
Successful card BST transactions with cbcnow, brogurt, gstarling, Bravesfan 007, and rajah 424.
Arghhhh. That too!
Look for a $25 price drop tomorrow. (I expect all USMint gold products should drop, to reflect week-long sub-$1200 spot gold.)
And save another $5 with free budget shipping until Dec 11th: http://catalog.usmint.gov/header-static-promo-004.html
Successful BST transactions with forum members thebigeng, SPalladino, Zoidmeister, coin22lover, coinsarefun, jwitten, CommemKing.
b/c the mint couldn't give it away. For this kind of $$$ I can buy a nice MS63 $10 Lib.
And indeed they are now at $840/ea. walking-liberty-2016-centennial-gold