@BigA said:
12.5k was also a medal and that did pretty well
12.5k?
The two 2016 American Liberty medals (S&W) were 12.5K mintage (total 25K) and sold out in a couple of minutes.
'Course people like the design of that medal a whole lot more...
Yes, but that only proves that the market for medals is in the same 16k range as they sold of this issue.
I disagree. The number of real medal collectors is minuscule. This set isn't selling because they're medals, they're selling because it's a companion to (or instead of) the gold AmLib. The poor sales is a combination of a disliked design (by many) and the high price premium over spot.
The 2016 medals were a much more reasonable $34.95, and a much more accepted design. This set would have sold much more better (<-- let's butcher the language) at $140-150 than $200. Should they have used, say, the 2015 Platinum Proof reverse as the AmLib coin this year, it probably would have sold out.
BackroadJunkie I totally agree on all points. Seems like the mint priced these as if they were actually coins. Medals should probably remain in bronze.
@BigA said:
12.5k was also a medal and that did pretty well
12.5k?
The two 2016 American Liberty medals (S&W) were 12.5K mintage (total 25K) and sold out in a couple of minutes.
'Course people like the design of that medal a whole lot more...
Yes, but that only proves that the market for medals is in the same 16k range as they sold of this issue.
I disagree. The number of real medal collectors is minuscule. This set isn't selling because they're medals, they're selling because it's a companion to (or instead of) the gold AmLib. The poor sales is a combination of a disliked design (by many) and the high price premium over spot.
The 2016 medals were a much more reasonable $34.95, and a much more accepted design. This set would have sold much more better (<-- let's butcher the language) at $140-150 than $200. Should they have used, say, the 2015 Platinum Proof reverse as the AmLib coin this year, it probably would have sold out.
You're trying to cut too fine a line. You cannot separate the medal aspect of it. You acknowledge that the number of medal collectors is small and then conclude from that the medal nature of it has nothing to do with sales. That position is ludicrous on the face of it.
IF this were a $1 coin, it would have sold out at 50k immediatedly, with the same design and with the same $200 price tag.
Good points, I think medal collectors are on the rise compared to 20 years ago. The mint is certainly making more of them available, maybe their market research shows this..
@BigA said:
12.5k was also a medal and that did pretty well
12.5k?
The two 2016 American Liberty medals (S&W) were 12.5K mintage (total 25K) and sold out in a couple of minutes.
'Course people like the design of that medal a whole lot more...
Yes, but that only proves that the market for medals is in the same 16k range as they sold of this issue.
I disagree. The number of real medal collectors is minuscule. This set isn't selling because they're medals, they're selling because it's a companion to (or instead of) the gold AmLib. The poor sales is a combination of a disliked design (by many) and the high price premium over spot.
The 2016 medals were a much more reasonable $34.95, and a much more accepted design. This set would have sold much more better (<-- let's butcher the language) at $140-150 than $200. Should they have used, say, the 2015 Platinum Proof reverse as the AmLib coin this year, it probably would have sold out.
You're trying to cut too fine a line. You cannot separate the medal aspect of it. You acknowledge that the number of medal collectors is small and then conclude from that the medal nature of it has nothing to do with sales. That position is ludicrous on the face of it.
How so? I'm saying sales of a set of this sort has nothing to do with being a medal, it has to do with them being a companion piece to the American Liberty gold coin. The poor sales is attributable to a poor design and high price.
IF this were a $1 coin, it would have sold out at 50k immediatedly, with the same design and with the same $200 price tag.
If this were a coin, the set never would have happened. You're not going to get congressional approval for something like this.
@thebigeng said:
Good points, I think medal collectors are on the rise compared to 20 years ago. The mint is certainly making more of them available, maybe their market research shows this..
No, they're making medals like these (i.e. the AmLib and silver pres medals in the C&C's) because they can, and don't need congressional approval, just a nod from SecTreas.
They've always made a boatload of medals. Check the medals page. Many are spectacular in the 3" puck size...
If anyone is unsatisfied with your American Liberty 225th Anniversary Silver Four-Medal Set purchase, I am willing to buy them from you for $68.40 for the set...and I'm being generous!
@Golden1 said:
If anyone is unsatisfied with your American Liberty 225th Anniversary Silver Four-Medal Set purchase, I am willing to buy them from you for $68.40 for the set...and I'm being generous!
@Golden1 said:
If anyone is unsatisfied with your American Liberty 225th Anniversary Silver Four-Medal Set purchase, I am willing to buy them from you for $68.40 for the set...and I'm being generous!
0.10 over spot. Yes, very generous. Lmao
Actually I am waiting for them to hit $20.00 for the sets then I am jumping on board to buy all I can!
my hat's off to BackroadJunkie, this has been one of the best initiated and maintained posts that I remember, updated, current and informative. thanks.... As to the subject, I got 2 sets because I could, I like them and hope someone else will, after I'm gone. They have performed exactly as I expected, Just like the mint produced "911 commemorative medals", speculation and anticipation did not translate to demand, value never materialized. I expect these to perform similarly .
@edgar said:
my hat's off to look BackroadJunkie, this has been one of the best initiated and maintained posts that I remember, updated and current and informative. thanks.... As tl the subject, I got 2 sets because I could, I like them and hope someone else will after I'm gone. They have performed exactly as I expected, Just like the mint produced 911 commemorative medals, speculation and anticipation did not translate to demand, value never materialized. I expect a similar future value.
Enjoy the Medals Edgar and i bet they are beautiful! I will enjoy mine 7 days from now as I am leaving tonight to Houston for 1 week of training!
normally, but they are running a free shipping promo on 225th anniversary stuff through 11/15.
Someone else said their whole order went free ship, so its something to be aware of if there is any 225th stuff you want. The coupon code is in one of the forum headings
@PCGSPhoto said:
There was a display of these at the ANA. Sorry for the crummy iPhone shot. I just picked up the regular silver medal at the US Mint kiosk for the heck of it.
@PCGSPhoto said:
There was a display of these at the ANA. Sorry for the crummy iPhone shot. I just picked up the regular silver medal at the US Mint kiosk for the heck of it.
Very cool...
Do u think its worth it to own one? Will this loose some value eventually?
Do u think its worth it to own one? Will this loose some value eventually?
I’m not buying to flip, I’m buying because I like the design. I’m clearly in the minority on this one but I don’t care. If you are looking to flip this I’d suggest you don’t.
Do u think its worth it to own one? Will this loose some value eventually?
I’m not buying to flip, I’m buying because I like the design. I’m clearly in the minority on this one but I don’t care. If you are looking to flip this I’d suggest you don’t.
Not for flipping. Ordered few for my kids, want to save for them
Apmex is pre selling them @ 279. ea set. I bought some sets just to keep from the mint at 199.00 I think they are cool looking sets not a flipper for me that I can see but you never know.
Once they are gone, but I think they will be gone sooner than we think, its only 50k available, we will be saying: shoulda, woulda, coulda get more when it was available. So get it before its too late and especially when is a free shipping available. Means RIGHT NOW...
Comments
If I wait for these sets to drop to $20.00 then I can buy 10 of them and break even!
If silver goes to $40, I'm selling (almost) all the silver I have...
I disagree. The number of real medal collectors is minuscule. This set isn't selling because they're medals, they're selling because it's a companion to (or instead of) the gold AmLib. The poor sales is a combination of a disliked design (by many) and the high price premium over spot.
The 2016 medals were a much more reasonable $34.95, and a much more accepted design. This set would have sold much more better (<-- let's butcher the language) at $140-150 than $200. Should they have used, say, the 2015 Platinum Proof reverse as the AmLib coin this year, it probably would have sold out.
BackroadJunkie I totally agree on all points. Seems like the mint priced these as if they were actually coins. Medals should probably remain in bronze.
You're trying to cut too fine a line. You cannot separate the medal aspect of it. You acknowledge that the number of medal collectors is small and then conclude from that the medal nature of it has nothing to do with sales. That position is ludicrous on the face of it.
IF this were a $1 coin, it would have sold out at 50k immediatedly, with the same design and with the same $200 price tag.
Good points, I think medal collectors are on the rise compared to 20 years ago. The mint is certainly making more of them available, maybe their market research shows this..
How so? I'm saying sales of a set of this sort has nothing to do with being a medal, it has to do with them being a companion piece to the American Liberty gold coin. The poor sales is attributable to a poor design and high price.
If this were a coin, the set never would have happened. You're not going to get congressional approval for something like this.
No, they're making medals like these (i.e. the AmLib and silver pres medals in the C&C's) because they can, and don't need congressional approval, just a nod from SecTreas.
They've always made a boatload of medals. Check the medals page. Many are spectacular in the 3" puck size...
Medals
If anyone is unsatisfied with your American Liberty 225th Anniversary Silver Four-Medal Set purchase, I am willing to buy them from you for $68.40 for the set...and I'm being generous!
IT was except they came to early and now I have to wait till Monday. Waist of $20.00 all for nothing. Money down the drain!!!!! Again!!!!
They should really offer 3 levels of shipping: Budget, just like now, Priority Mail with it's faster service, and 2nd day Air just like now.
0.10 over spot. Yes, very generous. Lmao
Actually I am waiting for them to hit $20.00 for the sets then I am jumping on board to buy all I can!
Kind of a "Duh" post....I guess you think spot will be below $5/ounce soon....
There gonna pay me to take it off their hands!
my hat's off to BackroadJunkie, this has been one of the best initiated and maintained posts that I remember, updated, current and informative. thanks.... As to the subject, I got 2 sets because I could, I like them and hope someone else will, after I'm gone. They have performed exactly as I expected, Just like the mint produced "911 commemorative medals", speculation and anticipation did not translate to demand, value never materialized. I expect these to perform similarly .
(l8-)>>
What a bummer to wait 2 more days ...and pay extra for it
Enjoy the Medals Edgar and i bet they are beautiful! I will enjoy mine 7 days from now as I am leaving tonight to Houston for 1 week of training!
Anyone know how to report someone for a PM that was essentially spam?
There is no HH limit, so how does this translate? $68 worth of sliver for $205, not for me. I'll wait it out.
You can get free shipping. So it's only $200 For 68 in silver.
@jmlanzaf didn't realize this, I thought standard shipping was $4.95.
normally, but they are running a free shipping promo on 225th anniversary stuff through 11/15.
Someone else said their whole order went free ship, so its something to be aware of if there is any 225th stuff you want. The coupon code is in one of the forum headings
Will the "ANNIVERSARY" code for free shipping work more than once?
I don't know, but won't you see it as soon as you try it?
Where do u find how many total of sets already sold?
https://www.usmint.gov/about/production-sales-figures
But they only post once per week (Tuesday) for the prior week through Sunday. We'll get new numbers through Today on Tuesday afternoon/evening.
Very cool...
Hoard the keys.
Shall we bet on tomorrow's sales numbers?
I say 20,000 sold through Sunday!
49, 972.
Don't quote me on that.
So, you're saying it sold out today?
I can confirm there are at least 99 available today. 49901?
21,000
15,900 (returns) is my guess
Yes, there are way more medal collectors, now, I think I heard there are 100! [This is a joke, a joke, no flames, please!!!]
So are WE now saying these sets are going to sell out? Maybe I should buy a few more before they do. It's ONLY Money.
Typo: 29,972.
Don't quote me on that.
19,729
But then maybe I won't buy more.
21,643 my guess ... a Mint dud
(Still)
Definitely NOT BUYING one now.
Do u think its worth it to own one? Will this loose some value eventually?
I’m not buying to flip, I’m buying because I like the design. I’m clearly in the minority on this one but I don’t care. If you are looking to flip this I’d suggest you don’t.
Don't quote me on that.
Typically it's week 2 or 3 that gets bit by cancellations, but I still anticipate less than 20K.
If the falloff of the gold coin and stand alone medal is an indication, it's probably around 18-19K.
Not for flipping. Ordered few for my kids, want to save for them
Me too, same two reasons. We are the minority.
POST NUBILA PHOEBUS / AFTER CLOUDS, SUN
Love for Music / Collector of Dreck
No, we are NOT saying that.
Apmex is pre selling them @ 279. ea set. I bought some sets just to keep from the mint at 199.00 I think they are cool looking sets not a flipper for me that I can see but you never know.
Hoard the keys.
Once they are gone, but I think they will be gone sooner than we think, its only 50k available, we will be saying: shoulda, woulda, coulda get more when it was available. So get it before its too late and especially when is a free shipping available. Means RIGHT NOW...
Received in today's mail. Nice job Mint !