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A new modern key coin in two weeks, secondary market price to double?

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  • SpkrmakrSpkrmakr Posts: 107 ✭✭✭

    Give it some time.......if you have it to give.

    Spkrmakr
  • GoldbullyGoldbully Posts: 17,881 ✭✭✭✭✭
    edited January 27, 2017 6:39PM

    Why isn't the $5 gold 2016 -W NPS Gold listed in the PCGS Price Guide?

    I noticed the $5 Mark Twain proof is listed.

  • OverdateOverdate Posts: 7,155 ✭✭✭✭✭
    edited January 28, 2017 1:41AM

    Still inching up. Some raw ones are now selling in the mid-$600's.

    1997 Jackies are bringing about $1000. Still a bit of price disparity

    My Adolph A. Weinman signature :)

  • @Goldbully said:

    >
    You are all welcome! (I returned 12 of those 16.) Long live the new low mintage king!

    I'm quite surprised that very few others were returned considering how many were purchased in the last week.

  • tincuptincup Posts: 5,373 ✭✭✭✭✭

    Teamplayer1, looks like you can claim you helped make a key date! Not many can claim that... and I cannot remember any other situation similar to this. Course final numbers will not be known for some time, but very doubtful there will be an adjustment upwards at this point.

    ----- kj
  • tincuptincup Posts: 5,373 ✭✭✭✭✭

    @NeoclassicalAnalyst said:
    Now it is time to sell into the strength.

    I'm sure you will not have much trouble unloading yours... let us know how it turns out.

    ----- kj
  • drei3reedrei3ree Posts: 3,430 ✭✭✭✭

    ...but it happens.

  • youniqueyounique Posts: 882 ✭✭✭

    Any guess on the numbers tomorrow

  • drei3reedrei3ree Posts: 3,430 ✭✭✭✭

    I'll guess -2.

  • RaufusRaufus Posts: 6,836 ✭✭✭✭✭

    -8

    Land of the Free because of the Brave!
  • PerryHallPerryHall Posts: 46,797 ✭✭✭✭✭

    -12 (hopeful thinking :p )

    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

  • 92vette92vette Posts: 529 ✭✭✭

    I guess no change. Last week was the final adjustment.

  • RaufusRaufus Posts: 6,836 ✭✭✭✭✭
    edited January 30, 2017 3:59PM

    @92vette said:
    I guess no change. Last week was the final adjustment.

    Remember, it's as of the prior Sunday. Takes time to process returns. Bet it will drop.

    Land of the Free because of the Brave!
  • MrSmithMrSmith Posts: 49 ✭✭

    No crystal ball here but what if the Mint processed the returns / replacements but didn't tally them in time for last weeks cutoff? I'm sure everyone has missed a deadline in their jobs at one time or another.

  • +142 o:)

  • OverdateOverdate Posts: 7,155 ✭✭✭✭✭

    -5163 B)

    I own one. I can dream, can't I?

    My Adolph A. Weinman signature :)

  • GoldbullyGoldbully Posts: 17,881 ✭✭✭✭✭

    As of January 26, 2017

    Eight more Non FS 70's

    84.3% of the PCGS pops are 70's

    As of January 31, 2017

    Six more Non FS 70's and a fresh Non FS 69.

  • OPAOPA Posts: 17,138 ✭✭✭✭✭
    edited January 31, 2017 9:30AM

    :)

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • SpkrmakrSpkrmakr Posts: 107 ✭✭✭

    -10

    Spkrmakr
  • 92vette92vette Posts: 529 ✭✭✭

    5160

  • GoldbullyGoldbully Posts: 17,881 ✭✭✭✭✭
    edited January 31, 2017 2:11PM
  • youniqueyounique Posts: 882 ✭✭✭

    -4 Nice

  • PerryHallPerryHall Posts: 46,797 ✭✭✭✭✭

    @92vette said:
    5160

    Dropped by 4 so it's now 14 below the Jackie Robinson. Any chance for it to drop some more next week?

    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

  • RaufusRaufus Posts: 6,836 ✭✭✭✭✭

    I had said -8. Close

    Land of the Free because of the Brave!
  • drei3reedrei3ree Posts: 3,430 ✭✭✭✭

    @drei3ree said:
    I'll guess -2.

    Closer

  • PerryHallPerryHall Posts: 46,797 ✭✭✭✭✭

    What are the chances that it will drop some more next week? How are the raw uncirculated NP coins with the original packaging doing in the secondary market?

    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

  • GoldbullyGoldbully Posts: 17,881 ✭✭✭✭✭

    @CA5MAN said:
    Kinda weird but clad half uncs actually went up by 12.

    That would be a gaff if next week the gold uncs went back up by 14.

    Are there not a bazillion clad half uncs out there? Is 12 really that big a deal???

  • GoldbullyGoldbully Posts: 17,881 ✭✭✭✭✭

    @CA5MAN said:
    No the Clad Half Park is the new King of the Clad halfs without question. 21,028, so no not exactly a bazillion.

    Stupid me....I should read the Mint reports I posted above. ;)

  • kiyotekiyote Posts: 5,588 ✭✭✭✭✭

    Clad is the new key by a big margin to boot.

    "I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.
  • GoldbullyGoldbully Posts: 17,881 ✭✭✭✭✭

    @PerryHall said:
    What are the chances that it will drop some more next week? How are the raw uncirculated NP coins with the original packaging doing in the secondary market?

    $645 for raw coin....plus OGP

    http://www.ebay.com/itm/222388980973?_trksid=p2055119.m1438.l2649&ssPageName=STRK:MEBIDX:IT

  • GoldbullyGoldbully Posts: 17,881 ✭✭✭✭✭

    @Goldbully said:

    As of January 26, 2017

    Eight more Non FS 70's

    84.3% of the PCGS pops are 70's

    As of January 31, 2017

    Six more Non FS 70's and a fresh Non FS 69.

    As of February 2, 2017
    One more Non FS 69 and fifteen more Non FS 70's

  • RaufusRaufus Posts: 6,836 ✭✭✭✭✭
    edited February 2, 2017 5:00PM

    From MCM today....

    The more attention to these the better....

    Greetings Everyone,

    I don’t expect this one to last very long.

    We have an exceptional offer for just our preferred buyers today. This will not be offered on our website or on EBAY. We are always looking for the best buys and exceptional offers for our preferred buyers, and we have delivered.
    US coins have large mintages because they have high demand. We are always looking for those US Coins that have the lower mintages because they are among the most collectible and sought after.

    Let me start with this: RECORD LOW UNITED STATES MINTAGE!

    This United States Coin set is starting to get people in the coin world very excited! This is your chance to get these before the rest of coin world wakes up to this fact, and you have a chance to own the best this release has to offer at an awesome price.

    Up until this year, the lowest mintage United States Modern Gold Coin Commemorative ever is the 1997 W Jackie Robinson $5 Gold Piece. It had a mintage of only 5,174 Coins. I want you guys to now do your research on the 1997 W $5 Gold Jackie Robinson coin. Collectors are going crazy over them. They love the Proof 70s and REALLY love the MS70 Gold piece with a mintage of 5,174 and a tiny population in 70 grade! If we could go back in time to 1997 I’m sure we would all buy as many of these Jackie Robinson coins we could.

    We have a chance to seize the moment now.

    Just five days ago Coin News announced that in 2016 we have a new low mintage modern day US Gold coin commemorative record!

    The 2016 W Uncirculated $5 Gold National Park Service coin has a lower mintage and is now the lowest modern gold coin commemorative mintage ever at 5,164. WOW!
    http://www.coinnews.net/2017/01/26/2016-nps-commemorative-gold-coin-hits-mintage-low/

    As a matter of fact, the whole series set has low mintages with the uncirculated silvers just a couple thousand above some of the highly sought after 1995 and 1996 Olympic Coins. Our $1 and Half Dollar coins in this series are sold out on our website already even the 69 grades!

    This whole set is what we have to offer you today. This is why we buy coins.

    The National Park Coins have tiny populations in 70 grade. For instance the $5 Gold Mint State has a total population of just 359! The $1 Silver Mint State total population in MS70 of just 528. The PF70 Gold Coin has a population of only 463. Best part is, I have the only First Day of Issues! Only 125 First Day Issue sets exist! And you can be one of the lucky few to own a set in First Day Issue! Collectors LOVE First Day Issues as it is the best pedigree for coins and collectors crave top quality.

    Right now for just this list of customers, we have the best of the best of this release and the price is AMAZING! It is a great price without the First Day Issue, with the First Day Issue it is exceptional. The populations are very impressive. Get these now while you can because collectors love lowest mintages as you may know.

    Here is what we have:
    Description: Description: cid:image002.png@01D27B0A.78D5C290Description: Description: Description: 6PC 2016 NATIONL PARKS NGC MS70/PF70 FDI JONES

    2016 United State National Park 3 and 6 coin sets. These coins were minted for the 100th Anniversary of the National Parks. They are all MS70 and PF70UC and are ALL FIRST DAY OF ISSUE! Only 125 of these coins have a First Day of Issue Designation. We have the absolute best of the best. To top things off, these are all hand signed by Elizabeth Jones who was the 11th Chief Engraver of the United States and started the United States Modern Commemorative program back in 1982.

    Here are the mintages on the coins:

    $5 Gold Proof
    4,917
    $5 Gold Uncirculated
    5,164
    $1 Silver Proof
    62,726
    $1 Silver Uncirculated
    20,997
    50c Proof Clad Half-Dollar
    40,256
    50c Uncirculated Clad Half-Dollar
    21,016
    Three-Coin Proof Set
    14,589

    These numbers are very impressive for collectors. A $1 Silver Coin with a mintage of just under 21,000 and the half dollar uncirculated with a mintage of just over 21,000. Not to mention the record low mintage of the Gold Piece. Now lets get to the best part which is the price! We had 43 Six-coin sets, and are now down to 11 after ONE DAY at this price and 50 Three-coin proof sets at this price. I noted (key coin) for all the nice low mintage pieces. Get these sets while you can before they sell out.
    Description: Description: Description: 6PC 2016 NATIONL PARKS NGC MS70/PF70 FDI JONES
    6 Coin Set includes
    $5 Gold PF70 First Day Issue Elizabeth Jones Signed (key coin)
    $5 Gold MS70 First Day Issue Elizabeth Jones Signed (key coin)
    $1 Silver PF70 First Day Issue Elizabeth Jones Signed
    $1 Silver MS70 First Day Issue Elizabeth Jones Signed (key coin)
    $0.50 PF70 First Day Issue Elizabeth Jones Signed
    $0.50 MS70 First Day Issue Elizabeth Jones Signed (key coin)
    Full 6 coin set is only $1,795. This excellent set and price is just for preferred buyers! (Split payments available) Again do your research on the Mint State 70s and it will be clear as day why you should buy this set. Collectors love them and you can own the best of the best First Day of Issue Sets! Collectors are craving this pedigree on coins because First Day Issues are what everyone wants.

    We also have 3 coin set
    Description: Description: Description: http://vault/prod_images/300845_1.jpg
    3 Coin Proof Set Includes
    $5 Gold PF70 First Day Issue Elizabeth Jones Signed (key coin)
    $1 Silver PF70 First Day Issue Elizabeth Jones Signed
    $0.50 PF70 First Day Issue Elizabeth Jones Signed
    Price is superb at just $895 for the entire 3 coin set! (Split payments available)

    At these prices and limited quantities, these sets will not last long. Get these while you can before they sell out.

    Hope you are all having a great week!

    Description: Description: ModernCoinMart (MCM)
    MCM ® is a private distributor of worldwide government coin and currency issues and privately issued and licensed collectibles, and is not affiliated with the United States government. MCM is not an investment company and does not offer financial advice or sell items as an investment. The collectible coin market is speculative, and coin values may rise or fall over time. Prices and availability are subject to change without notice. All rights reserved. © 2016 Modern Coin Mart.

    Land of the Free because of the Brave!
  • jwittenjwitten Posts: 5,230 ✭✭✭✭✭

    Umm, how can they say they proof gold is a key coin? It's not.

  • RaufusRaufus Posts: 6,836 ✭✭✭✭✭
    edited February 2, 2017 4:57PM

    @jwitten said:
    Umm, how can they say they proof gold is a key coin? It's not.

    They are making the mistake of looking only at individual sales (4917) of the proof gold and not the individual sales + set sales (14589). Big difference when those sold as part of the set are counted. It's absolutely not a key as you note.

    Land of the Free because of the Brave!
  • jwittenjwitten Posts: 5,230 ✭✭✭✭✭

    That was one of the wordiest sells pitches I've seen, too. Do you think first day of sale is worth the premium on this one?

  • RaufusRaufus Posts: 6,836 ✭✭✭✭✭

    First day usually does bring more. Interesting that they have these First Days. They must get them for all new issues. Obviously non one knew about the two keys here when they were first issued.

    Land of the Free because of the Brave!
  • youniqueyounique Posts: 882 ✭✭✭
    edited February 2, 2017 5:11PM

    @jwitten said:
    Umm, how can they say they proof gold is a key coin? It's not.

    Ditto. Appears numbers need updating as well.

  • jwittenjwitten Posts: 5,230 ✭✭✭✭✭

    Wonder if any buyers are gonna complain when they find out the less than truth. I wish he was selling a 3 set of the uncs.. that would be worth grabbing.

  • pf70collectorpf70collector Posts: 6,731 ✭✭✭
    edited February 3, 2017 1:40AM

    I wonder if the gold commemorative ms are now on the radar. Guess we will know how the boy's town gold ms will do in final mintage numbers and if it will unseat the parks. At least the parks gold was an attractive coin. The boy's town gold does not have much going for it.

    https://moderncoinmart.com/tags/2017-boys-town-centennial-commemoratives/

    I would not buy into the hype of this parks ms gold, it might just be unseated as mentioned earlier in this thread. If not by the boy's town than some other coin. I do own one ms parks gold bought from the mint, and hope I am wrong in my assumption. Time will tell.

  • drei3reedrei3ree Posts: 3,430 ✭✭✭✭

    I don't see $5 commemorative coins selling like the Hags, but they could drop another 1,000. They are cheaper from the Mint, a better size, most are more attractive than the Hags, and have a bigger collector base (for now!). That said, with internet sites like this, it will likely only happen if the Mint unexpectedly stops sales...

  • MrSmithMrSmith Posts: 49 ✭✭

    @Raufus said:
    From MCM today....

    Description: 6PC 2016 NATIONAL PARKS NGC MS70/PF70 FDI JONES
    6 Coin Set includes
    $5 Gold PF70 First Day Issue Elizabeth Jones Signed (key coin)
    $5 Gold MS70 First Day Issue Elizabeth Jones Signed (key coin)
    $1 Silver PF70 First Day Issue Elizabeth Jones Signed
    $1 Silver MS70 First Day Issue Elizabeth Jones Signed (key coin)
    $0.50 PF70 First Day Issue Elizabeth Jones Signed
    $0.50 MS70 First Day Issue Elizabeth Jones Signed (key coin)
    Full 6 coin set is only $1,795.

    We also have 3 coin set
    Description: http://vault/prod_images/300845_1.jpg
    3 Coin Proof Set Includes
    $5 Gold PF70 First Day Issue Elizabeth Jones Signed (key coin)
    $1 Silver PF70 First Day Issue Elizabeth Jones Signed
    $0.50 PF70 First Day Issue Elizabeth Jones Signed
    Price is superb at just $895 for the entire 3 coin set! (Split payments available)

    If you were to take the $1795 price and remove the PF coins at $895, the remaining value of the MS coins is $900.

    Interesting that MCM chose to "do" an even split. Seems like they are trying to imply the PF coins are on par with the MS coins in value. Which is amusing when all (3) MS coins are "keys" and only (1) PF coin is a "key". <---Maximizing profits at it's best.

    Also "this" is just to boost sales of the PF by implying that the mintage is less. When it really isn't. <--- Deceptive marketing, but perfectly legal.

    $5 Gold Proof
    4,917
    $5 Gold Uncirculated
    5,164

    Three-Coin Proof Set
    14,589

    Boils down to DYODD.

  • GoldbullyGoldbully Posts: 17,881 ✭✭✭✭✭

    @pf70collector said:
    I wonder if the gold commemorative ms are now on the radar. Guess we will know how the boy's town gold ms will do in final mintage numbers and if it will unseat the parks. At least the parks gold was an attractive coin. The boy's town gold does not have much going for it.

    https://moderncoinmart.com/tags/2017-boys-town-centennial-commemoratives/

    I would not buy into the hype of this parks ms gold, it might just be unseated as mentioned earlier in this thread. If not by the boy's town than some other coin. I do own one ms parks gold bought from the mint, and hope I am wrong in my assumption. Time will tell.



    Meh

  • jmski52jmski52 Posts: 23,224 ✭✭✭✭✭

    I would bet against the 2017 Unc being a lower mintage/sales number than the 2016 Nat'l Parks Unc. There were two issues in 2016 to dilute coin budgets vs. a single issue in 2017, and the Centennial gold coins probably took some wind out of gold commemorative sales as well. Time will tell.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • 7Jaguars7Jaguars Posts: 7,732 ✭✭✭✭✭

    Wow, that Boy's town coin is UGLY!!!!!!!!!!!!!!!!!!!! I think even the flippers will be a bit pressed. Who'd want to buy such a coin even if it is the new "King" !

    Love that Milled British (1830-1960)
    Well, just Love coins, period.
  • drei3reedrei3ree Posts: 3,430 ✭✭✭✭

    @7Jaguars said:
    Wow, that Boy's town coin is UGLY!!!!!!!!!!!!!!!!!!!! I think even the flippers will be a bit pressed. Who'd want to buy such a coin even if it is the new "King" !

    +1

  • OverdateOverdate Posts: 7,155 ✭✭✭✭✭

    Just to keep things in perspective, some of the 2014 First Spouse coins have combined unc. and proof mintages of around 4000 to 4200. This is one-sixth of the combined mintage of the NP gold. Even with a much smaller collector base, I consider the lowest-mintage Spouses (especially in proof) to be better values than the unc. NP.

    My Adolph A. Weinman signature :)

  • @Overdate said:
    Just to keep things in perspective, some of the 2014 First Spouse coins have combined unc. and proof mintages of around 4000 to 4200. This is one-sixth of the combined mintage of the NP gold. Even with a much smaller collector base, I consider the lowest-mintage Spouses (especially in proof) to be better values than the unc. NP.

    Farewell to first spouse program From US mint ......
    https://catalog.usmint.gov/coins/gold-coins/

    To the free man, the country is the collection of individuals who compose it, not something over and above them. -M. Friedman
  • jmski52jmski52 Posts: 23,224 ✭✭✭✭✭

    When I asked the Mint how long they were going to leave the gold Spouses up for sale, the rep told me "until they are sold out". Does anyone here believe what the Mint says?

    Why would they create a special "farewell tab" on the sales page? The Mint always seems to be reaching, but never gives collectors the straight story.

    Reminds me of the Saturday Night Live skit with Lily Tomlin as the telephone lady, "We're the phone company. We don't care, because we don't have to."

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • youniqueyounique Posts: 882 ✭✭✭

    No jmski52, no-one believes the first line employees of the Mint, and though the Mint has seemingly made a concerted effort to become accountable like every respected business, they continue to fail badly. A lot of work to be done in that arena., but the powers don't see it.

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