Value of 5 oz P Mint PCGS-graded pucks?
earlycoins
Posts: 282 ✭✭✭
I'm very late to this particular game. I don't collect moderns, but saw a few of these in matte finish at a Mint store in DC, and picked them up, after culling through the less than perfect examples.
After visiting various sites, inclusive of MCM, Apmex and eBay, I've come away confused.
PCGS pop reports generally make sense, and while I understand that there's a reasonable amount of sizzle going on with these pucks, I'm not able to follow the value / pop continuum, which is why I'm reaching out to the board.
There are a handful of these creatures with decidedly low (for a modern) pops, ie. under 100 in P70. I understand why those are coming in at higher prices.
And then there are the 2012s. Five coins, the pops of which range from 225 to 380 (in 70), with values generally commensurate with the pops. The Acadia seems to be the most expensive at around $750 or so. It's the Hawaii that puzzles me. A pop of 374, right at the high end, but selling prices basically in league with Acadia. I presume this is not simple supply and demand.
As am aside, viewing the pops, at least in 2012 and 13, the 70s generally outnumber the 69s, with the 68s and below being the "rarities."
Anyone have an idea of what's really occurring?
EC
After visiting various sites, inclusive of MCM, Apmex and eBay, I've come away confused.
PCGS pop reports generally make sense, and while I understand that there's a reasonable amount of sizzle going on with these pucks, I'm not able to follow the value / pop continuum, which is why I'm reaching out to the board.
There are a handful of these creatures with decidedly low (for a modern) pops, ie. under 100 in P70. I understand why those are coming in at higher prices.
And then there are the 2012s. Five coins, the pops of which range from 225 to 380 (in 70), with values generally commensurate with the pops. The Acadia seems to be the most expensive at around $750 or so. It's the Hawaii that puzzles me. A pop of 374, right at the high end, but selling prices basically in league with Acadia. I presume this is not simple supply and demand.
As am aside, viewing the pops, at least in 2012 and 13, the 70s generally outnumber the 69s, with the 68s and below being the "rarities."
Anyone have an idea of what's really occurring?
EC
0
Comments
Easy to look at and enjoy.
None of my purchases have been submitted for grading. I doubt seriously that I ever will.
The Hawai'i issue is a nice looking piece, which could account for your observation about its price.
In my opinion, these issues do not have a lot of upside and will remain tied with the price of their silver content. [My opinion only!]
I accept that I will likely not make any money on these issues, unless silver skyrockets.
My detailed instructions to my heirs concerning this collection states that these coins were simply a 'fun' purchase and for them to do the best they can in selling them and that they should get silver bullion money at the minimum.
I like their look - and that is what drives my continuing to purchase them.
I look forward to the Mt. Rushmore issue - this may represent an issue that has some high demand. [I might even buy two of them.]
This series is young - it has been out since 2010 only.
As the years pass, the issues with low 70 populations may present money making opportunities. You'll have to continue to track the populations over time.
Best of luck to you.
I agree that these are a fun holding to keep, and I think that they might actually be a genuine sleeper series.
I think that the Mint has improved the quality of output after Year 1 and also that, like JBN and myself, fewer people are submitting their coins for grading. The combination of these factors is probably causing the scales to tip in the direction of MS-70 over MS-69, but that may not be completely representative of the quality distribution. I think that will become more and more evident over time.
I knew it would happen.
<< <i> these issues do not have a lot of upside and will remain tied with the price of their silver content. [My opinion only!] >>
Good luck in finding any of the 2012 issued pucks for anything near melt.