What coins must U.S. Mint stop selling Dec. 31st??
2manycoins2fewfunds
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I have not been paying attention but was there some recent legislation concerning sales of coins ending Dec. 31st of production year?? Is this all products or just some issues??
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They make the rules , since they got the gold.
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Yes but what are the rules??
That is a good question. There are a couple of coins the mint is selling right now that I would have more interest in, if I knew that they would quit selling on Dec. 31st whether they have reached their max. mintage or not.
I believe all of the commems issued this year...At least that used to be the case.
By Dec 31st I'm Pretty sure they have to stop _minting _the 2016 American Silver Eagle -- both the Proof and Uncirculated versions with one-year-only edge lettering.
Not sure when they'll stop selling 'em.
Release date for the Uncirculated ASE is Dec 1st. Normally, I believe it's released in the 1st quarter. So, I'm guessing it'll be low mintage.
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The rules are subject to change as needed.
Those Parks commems are looking like there will be a couple of potential winners in that bunch.
Agreed.
Last I checked, actual sales of the Park Service Uncirculated gold was only 3,376.
A loser... or a future rarity?
Also look at the Mark Twain Uncirculated gold (5,389). Feel-good bonus: $35/coin supports several worthwhile institutions: http://catalog.usmint.gov/mark-twain-2016-5-gold-uncirculated-coin-16CJ.html?cgid=commemoratives#start=1
Tip: If you're buying any gold from the Mint, wait until Thursday. The prices should drop a bit to reflect current spot gold.
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Both the Twain and NPS commems should be off-sale Dec 30.
There is a good chance all 30th Anniversary ASE's will come off sale on the 30th as well. The law is very specific (after the 30th Anniversary clause in the FAST Act sunsets at the end of the calendar year) that ASE's must have a reeded edge.
In Dec of last year, the Mint removed all reeded edge collector ASE's from the market due to the FAST Act stating that all ASE's much have a smooth edge. They were already minted, but due to the law's wording, the Mint discontinued sales. By that same reasoning, the 2016 collector ASE's should do the same.
This would include the Proof ASE, Uncirc ASE, the Reagan C&C set, the LE Silver Proof set, the uncirc dollar set and the congrats set.
If the Park unc goes dark on at year's end and there is no buying rush it will kill Jackie. Does it "have" to go off sale then? Definitely worth watching. Any of you all stocking up on it anticipating it's being the new $5 key?
I'm keeping an eye on that one. In addition, the unc half dollar Park has the lowest mintage by far for any modern commem. half dollar issued.
That initially was my thinking and it would set up some VERY interesting potential sales numbers especially for the Dollar Set which would only have two weeks of sales...
So..I asked the Mint when they would go off sale and got this response:
"Please be advised that while we cannot guarantee product availability following an item's release, the item will remain on sale until inventory is depleted. "
It looked like a general response (didn't mention the specific product inquired about) so take it with a grain of salt.....I hope it's bogus
Well, that sounds believable. Honestly I think there is not a lot of traction on the $5 gold uncs. Who really cares other than for a possible attempted flip? They look alright but really in 2 years or more time, likely real collectors won't even remember it.
Well, just Love coins, period.
Which unc Park are you referring to? The unc silver or clad? And which of the NPS? Thanks!
Vietnam Vet 1968-1969
There is only one unc half...& it's struck clad
Okay, I'll ask the stupid question.
Will anyone care?
I suppose it's a cheap enough gamble, but there's something about spending $25 for a common clad half that makes me itch.
I was going to post the complete sales data in a couple of weeks for both commems, but maybe I'll get to them sooner...
Previous year unc. gold commem issues often showed marked increases in orders leading into year end. But don't get cute with the Mint. They can suspend sales at any time, ending other issues just before 12/31 without notice.
Pretty to find an MS70 $5 park that's not crazy priced right now.
So who thinks the edge letters ASE's will go off sale at years end?
I really don't know. The mint has been less than consistent for the past couple of years, so I'm hoping they'll announce something soon. (Or maybe one of the numis press people who have connections in the mint could find out... Just in case any of them are reading this...
) It seems unlikely the burnished ASE will be available for only 30 days, and the uncirculated dollar set for 16 days.
However, the law is very clear that all ASE's must have a reeded edge, and the clause in the FAST Act declaring collector ASE's have a smooth edge sunsets at the end of the calendar year.
There is some ambiguity about the wording of the law about whether the already minted ASE's can remain on sale, but last December the Mint make the decision that the enacted law required them to cease sales of all reeded edge (collector) ASE's in 2016. That precedent says the Mint will stop selling smooth edge collector ASE's at the end of the year.
Interestingly, there's nothing to stop the mint from putting the 2013-2015 ASE products they took off-sale last December back on sale. If they do terminate the 2016 ASE at the end of the year, those could make interesting stop gap products until they have the 2017's ready...
parks gold uncirculated at 3456 is kind of low with only a month left on sales. Could it become the lowest mintage yet. Keep an eye on it last day of sales.
Box of 20
Note how the MS70s have totally dried up save for a couple that are way overpriced.
That's because PCGS has only graded 90 FS MS70....FS deadline has long passed & I do not expect that population to increase by much. With that limited supply available, you're not going to encounter many for sale. lccoins, at one time , had 20 up for sale on eBay & but now has only 5 remaining
Even very few ATS 70s.
And I think LC was initially around $460 or so as were most in the Spring.
Here’s our coverage on the Mint’s comment on the Uncirculated 2016 American Eagle silver dollar: coinworld.com/news/us-coins/2016/12/2016-uncirculated-silver-eagle-makes-late-debut.html
William T. Gibbs, Managing Editor, Coin World
The mint has announced the Twain and NPS commems will be taken off sale at Noon on Dec 29.
Coin World had a blurp where they quote Micheal White (Mint spokesperson) saying 2016 collector ASE's will continue into 2017, seemingly at a contradiction to last year's policy...
Another surprise: The 5 oz Roosevelt ATB is sold-out.
Why is that a surprise?
Sales were only 18,658 as of Nov 27th. And the mintage limit is 30,000.
Maybe they sold a bunch this past week. Or possibly they didn't make 30,000.
Either way I'm happy... my order shipped today.
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The US Marshalls clad unc .50 cents are the new key, at least at the moment, but even they haven't been able to bring a buck or two over issue price.
I agree, $25 for a clad half dollar is way high.
As for the gold unc, it may be a key by such an amount it'll have to take off, even the raw ungraded ones. This is a coin that's twice as big as the Pan Pac $2.50 with what looks like a little over half the mintage. The only caveat I see if that the gold 5 Star General Unc coins, while not keys, have not taken off like I thought they would.
Either way, I'm in for one gold $5 BU coin plus a half for my registry set.
The $5 unc park will unseat Jackie unless there is a substantial sales surge it would seem. Might b time to sell some Jackie uncs - tgough they've dropped a lot over the past few years already. Wonder how many Park uncs are minted and ready to sell. Doubt they'll strike more if sales outpace on hand coins. Anyone buying? Buying several?
I don't believe they are required to stop selling anything that they have on the shelf. They are still offering a number of different 2015 gold spouse coins. I do believe that they cannot strike any 2016 or any other coin that bears a date after that year ends. They are however allowed to move existing inventory beyond the end of the year.
Repetition of ignorance is ignorance raised to the power two.
Boys town gold unc. 2017 will have a sale number below 3000.
Plenty of sub-2000 sales in First Spouse gold -- still available from the Mint.
Check ebay sales... I've seen a few sold _below _issue price.
Maybe there'll be huge appreciation in 100 years -- like the Pan Pacific $2.5.
But they don't fit my collection. And I've no interest in the subject. So I'm not buying.
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To clarify, just talking about $5 gold commems. Jackie, the current key, gas a substantial premium though lower than a few years ago.
National Park Service $5 Gold Unc now the lowest mintage of the series:
Jackie Robinson: 5174
Nat Parks: 5164
The mint reports production numbers for commemorative coins on Tuesdays by 5:00 ET every week. There's a good chance this number could drop further as the mint continues to process returns.
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