5 Star General Gold Unc coins falling

kiyote · January 3, 2015 2:41AM

I see a lot of raw ones went for $380 to $450 on eBay. This seems like a bargin for the second lowest minted modern gold commemorative coin. The only downside is there are a lot of problem return coins out there that would probably grade ms67 or 68.

wondercoin · January 3, 2015 4:17AM

The lack of interest in this post is the current problem with the coins.

That said, I agree with you that for longer term "players", it is probably interesting to consider paying $400 for a near quarter oz. gold coin that has the second lowest mintage in the modern $5 gold Commem series.

As always, just my two cents. Wondercoin.

LanLord · January 3, 2015 4:20AM

Anyone remember what the Jackie Robinson unc gold was going for in the first 5 years or so after release?

ricko · January 3, 2015 6:56AM

Dead series...Cheers, RickO

291fifth · January 3, 2015 7:07AM

Once the flippers have flipped ultra-moderns die.

TomB · January 3, 2015 7:07AM

I actually like the modern $5 gold commem series, but the interest level appears very low these days.

OnlyGoldIsMoney · January 3, 2015 7:07AM

I am always ready to buy $5 and $10 gold commemoratives close to melt as bullion. Its best to bide your time.

BillJones · January 3, 2015 8:03AM

<< I actually like the modern $5 gold commem series, but the interest level appears very low these days. >>

I enjoy collecting them too, and the Five Star General series is a most appropriate topic for a commemorative series, but the interest is not there because World War II does not seem to generate a lot of interest.

kiyote · January 3, 2015 8:30AM

<< Once the flippers have flipped ultra-moderns die. >>

That's true of any series.. The classic gold commem market took an absolute beating since the highs of the 90s.

Overdate · January 3, 2015 9:42AM

<< Anyone remember what the Jackie Robinson unc gold was going for in the first 5 years or so after release? >>

$675 bid in November 2000.

Overdate · January 3, 2015 9:48AM

Both the economy and gold are in the doldrums. When one or the other picks up, I think there will be renewed interest in low-mintage gold.

I think the same can be said for low-mintage silver, especially the 5 ounce ATBs. In 2014 the bullion versions totaled only 135,000 spread across five reverse designs. By comparison, over 44 million 2014 silver eagles were struck. I know which coins I would prefer to put away for a few years.

FullStrike · January 3, 2015 12:10PM

Which is the deadest horse, the BU Generals or the Gold Kennedy?

I will flog the Kennedy long before I want to flog the General.

53BKid · January 3, 2015 2:38PM

I'm a big fan of gold commemoratives. I have high expectations long-term on this coin in MS, and don't think there will be many sellers other than those who need funds having to part with them.

The First Spouse series, in my opinion, has had a negative impact on pricing due to their comparatively small mintages; however, long-term, I think they'll be in dealers cases for decades once the series is over, with just a few of the keys & Jackie selling well. Commemoratives will continue to to be collected years after the First Spouse series has ended.

Overdate · January 3, 2015 3:38PM

<< The First Spouse series, in my opinion, has had a negative impact on pricing due to their comparatively small mintages; however, long-term, I think they'll be in dealers cases for decades once the series is over, with just a few of the keys & Jackie selling well. >>

I expect the Liberty subset of the First Spouse series will do very well.

pitboss · January 3, 2015 9:57PM

<< Both the economy and gold are in the doldrums. When one or the other picks up, I think there will be renewed interest in low-mintage gold.

I think the same can be said for low-mintage silver, especially the 5 ounce ATBs. In 2014 the bullion versions totaled only 135,000 spread across five reverse designs. By comparison, over 44 million 2014 silver eagles were struck. I know which coins I would prefer to put away for a few years. >>

You don't believe it when the govt tells you the economy is flying now?

TwoSides2aCoin · January 3, 2015 11:55PM

Watch it, Mister

BillJones · January 4, 2015 12:37AM

Part of the trouble with the gold commemorative set is that there are simply too many of them. A beginning collector will look at the list of coins to buy, and, despite the fact that many of them can be purchased for near the melt price, will be discouraged.

I am an advanced collector who has all of the gold coins to date. Yet, I'm asking myself, do I really care about the U.S. Marshals, which the first $5 gold coin that will be offered in 2015 at a cost of almost $500? This is a real issue.

Inappropriate and banal topics in addition to issuing organization greed killed the "old" commemorative series in 1954. The same problems have been evident for the new series now. Sure there are going to some low mintage coins coming out of this series because of collector disinterest when the coins are issued. BUT with collector disinterest change later because of low mintages? Or with this series just be something for speculators and flippers to play with? Speculators and flippers do not create a long term collector market; only collectors can do that.

Overdate · January 4, 2015 7:09AM

<< Sure there are going to some low mintage coins coming out of this series because of collector disinterest when the coins are issued. BUT with collector disinterest change later because of low mintages? >>

I think so. This certainly occurred with the 1995-W proof Silver Eagle and the 1997 Jackie Robinson uncirculated $5 gold. It's happening now to some extent with the 5 oz. silver ATB quarters.

5 Star General Gold Unc coins falling

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