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Are ALL the Boy's Town commemorative issues now key dates?
tincup
Posts: 5,373 ✭✭✭✭✭
Looks to me like ALL the Boys Town commems are key dates for the modern series, if I have done the lookups correctly and the math correctly:
$5 Unc mintage of 2947 beats 1997 Jackie's 5174 soundly.
$5 Proof mintage of 7376 beats 2016 Mark Twain's 13,266 soundly.
$1 Unc mintage of 12,313 beats 1996-D Paralympics 14,497 reasonably well.
$1 proof mintage of 31,651 beats 2014 Civil Rights 61,992 nearly by half.
50c Unc mintage of 15,561 beats 2016 National Parks 21,382 soundly.
50c Proof mintage of 23,213 beats 2013 Generals 47,326 by nearly 1/2.
Looks like an interesting mintage across the group. Course if no one wants them, might not matter. See what the market sez.... time to hype them all on ebay!
----- kj
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It looks like they are, and I really do think these numbers will hold for years.
I had to look up what boys town was...
Actually, the 2016 National Park Service was a short-lived key at 5150.
I believe the only Boys Town coin to sell out before the cutoff date was the unc. $5 gold. Neither collectors nor speculators were motivated to load up on the remainder of this issue, even though they knew the coins were about to go off sale. Compare that with the mad rush for uncirculated First Spouses during the past few weeks. I think the lack of interest signals that even as commem keys, the Boys Town coins will not necessarily be an instant flip (except for the unc. $5 gold which sold out early and unexpectedly) or a big winner in the long term.
My Adolph A. Weinman signature
I wonder if 2018 breast cancer awareness will be the next low mintage.
Box of 20
When I think of a "key," I think of the one expensive coin you need for a series that interests you. Are there many people out there that collect the whole US Mint modern commemoratives? I just cant believe that there are many that would tie up so much cash in these crappy designs when there are other areas to park one's money in numismatics. And the Boys town coins have only one thing going for them, low mintage. And at 3k with 100% survival rate, there is nothing rare about them. Some gold dollars in the 1880s have the same mintage and are less money. But they're actually beautiful.
This one is just an ugly coin in the middle of a promotion. Are any of you buying on the secondary market?
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
I’ll always argue against the 100% survival rate of any series. Massive chunks of America were either underwater or on fire this year. Things happen.
Breast cancer fundraising is a 8,000 lb gorilla on steroids. I don’t know if that’ll translate into gold coin sales but the $1 and halves should do fairly well.
The proceeds go to a good cause. I’d way rather have seen the Boy’s Town coins sell across the board. Whoever proposed the program has to be let down with the final sales numbers.
"Key", yes. "Valuable", probably not.
My first instinct is that they will climb in value as low/lowest mintage, but let's not forget why they have such a low mintage: lack of demand.
Yeah, not sure how they will do, even though they are keys (lowest mintage). Depends on whether the promoters decide to run with them or not and start hyping them.
I was somewhat surprised at how much attention was being paid to the Nixon / Ford gold spouses in the hope they would end up lower than the Eleanor; after all the gold spouses are also rather low demand items. While watching the spouses, they may have missed some potential with the Boys Town low mintages. But of course remains to be seen whether they increase in value.
They are key dates only if enough people want them. I don't see a big rush toward the moddern commemorative series. I have no doubt that someone will try to promote them as "rarities" and "key dates." but anyone who buys them might find that getting out all of your money is impossible.
Those who seem to think that this is a great series with a lot of room for grownth should look at what has happened to "old commemorative silver coins." it's mostly been nothing but down , down, down for prices for years, except for pieces with exceptional toning.
For the modern series it may take some time for a coin to become a "key". Some coins seem to hit premium prices out of the gate like the 2011 ASE 25th Anniversary coins. This Boys Town $5 unc. mintage is so low it might catch on sooner than anyone thinks... On the other hand who is putting this $5 gold commemorative set together? If 20,000 folks are doing it, then a key date status is appropriate. If only 2000 people are putting this set together maybe not..
My best offer on mods is 60pct mv - even then I believe this is probably overly generous. Gold mods my offer 97 pct of melt.
With decreasing collector pop classic and mod Commems have nowhere to go but down.
Does anyone care?
The term 'key' as applied here is relevant only to mintage/sales numbers... and perhaps there will be a few collectors that focus on this issue. Mostly, it will not be important because there will be little to no demand for them... Cheers, RickO
Hoard the keys. They ain't heavy, they're my smother.
``https://ebay.us/m/KxolR5
Or --- are they all common.
All are nearly perfect. Is there actual demand by more people than the number of pieces made?
Compare to early gold commemoratives: low mintage, high availability.
We collect what we like and will enjoy. As for speculators......?
This could be a reality check for many, other than flippers flipping to other less aware and less educated flippers.
Other than the Pan Pac slugs, Boy’s Town gold Unc and proof are much lower than all the classic gold commem coins. Heck, a lot of the newer $5 commems are. And survivability among early commemorative gold is fairly high. People didn’t exactly melt down $1 McKinley gold coins en mass.
Right....However, many of the gold commems were used in jewelry - something the Treasury actually encouraged for PPIE. Plus, the PPIE, McK, Grant, Sesqui. remain readily available at "moderate" prices.
My opinion is that there is no substantive collector market for these and other modern gold "commemoratives," and that there will not be sufficient demand in the mid-term future to make holding them worthwhile from a speculative position. Collecting, is an entirely different matter.
What Mr Burdette says..... I too , think.
``https://ebay.us/m/KxolR5
"Nowhere to go but down due to decreasing collector population"......couldn't this be said of virtually all series? Indeed, have not most series declined in price over the last five and ten year periods?
Just my two cents...
The Boys Town $5 Mint State Gold Commem gets my vote for the 2017 “US Mint Coin of the Year”. The coin has nearly doubled in price in about a month since the Mint prematurely cut off sales - and that is for raw coins too. This is not about “registry folks chasing 70’s. In fact, MS70 coins trade at only roughly 10%-20% over raw coins and that is, to me, a great sign of the strength of the coin.
The Mint had a few great products in 2017. The Burnished Gold $50 SP Eagle is another example up 33%-40% or so already in a couple months. The 2017-S Silver Eagle is yet another great product for the year - up about 50% to 75%. But, on a % basis, the Boys Town $5 MS Gold is a BEAST. Again, enjoying a near 100% value increase in about a month.
The Jackie MS Gold coin was very unpopular in 1997 as compared to the FDR coin that sold 2x-3x more coins out of the box that same year. That is, until the Jackie price moved up 5x-10x its cost over the next few years. Then, that is all anyone talked about for the next decade!
The US Mint made Father Flanagan, once again, a hugely popular figure - now in the numismatic world. And, I am only too happy to see it happen to such a kind and charitable man.
Again, just my two cents. Wondercoin.
The January 29th numbers show even lower numbers:
Commemoratives 17CA 2017 BOYS TOWN GOLD PROOF 1830 01/29/2018
Commemoratives 17CB 2017 BOYS TOWN GOLD UNC 2947 01/29/2018
Commemoratives 17CG 2017 BOYS TOWN 3-COIN SET 5532 01/29/2018
Commemoratives 17CD 2017 BOYS TOWN SILVER UNC 12253 01/29/2018
Commemoratives 17CF 2017 BOYS TOWN CLAD UNC 15549 01/29/2018
Commemoratives 17CE 2017 BOYS TOWN CLAD PROOF 17681 01/29/2018
Commemoratives 17CC 2017 BOYS TOWN SILVER PROOF 26112 01/29/2018
Another weekly report and the Boys drop a little more. Although, I'm not sure anyone cares...
Commemoratives 17CA 2017 BOYS TOWN GOLD PROOF 1822 02/05/2018
Commemoratives 17CB 2017 BOYS TOWN GOLD UNC 2947 02/05/2018
Commemoratives 17CG 2017 BOYS TOWN 3-COIN SET 5525 02/05/2018
Commemoratives 17CD 2017 BOYS TOWN SILVER UNC 12234 02/05/2018
Commemoratives 17CF 2017 BOYS TOWN CLAD UNC 15532 02/05/2018
Commemoratives 17CE 2017 BOYS TOWN CLAD PROOF 17644 02/05/2018
Commemoratives 17CC 2017 BOYS TOWN SILVER PROOF 26085 02/05/2018