I wonder if these would have done better if the Presidency number, e.g. "35th", wasn't included on them. The 35th number makes it seems like just one part of a big set vs. individual pieces that could stand on their own.
These coins were hyped to the max but have ended up as a "specialty" coin for those that can afford the US Mint's outrageously high prices.
I gave up on these the moment they were released as they have taken the exact same loser route that the 5 oz Bullion Quarters took. Big Bucks out of the gate until folks took their heads out and realized that the aftermarket prices they were paying would NEVER EVER be recouped.
In 10 years, they'll just be another bullion piece with no real provenance or collectible value.
Of course, that's all just my narrow minded opinion in this age of Shark Oil Salesmen in the World of the Internet.
I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.
<< <i>These coins were hyped to the max but have ended up as a "specialty" coin for those that can afford the US Mint's outrageously high prices. >>
The mint premiums have been pretty ridiculous.
<< <i>I gave up on these the moment they were released as they have taken the exact same loser route that the 5 oz Bullion Quarters took. >>
I disagree, the 5oz ATB's are awesome and prices have been steadily rising on the entire series. Have you taken a look at the "keys" pricing recently? These have been anything but losers.
As a first spouse collector, I like the fact that there is not a lot of initial demand. If disposable income ever returns to the middle class, some of those additional funds will find their way into coins. Regardless its gold and has some of the lowest mintages in generational history.
I actually think most of the junk being pushed by the various foreign " mints" is more popular than these First Spouse baubles. Probably 95% are being bought by flippers, most of them being big time boys with cushy arrangements to get 70 grades.
I remember in 2006, I made the "mistake" of buying a large quantity of 2006 $50 Gold Eagles (1 oz) grading PCGS-MS70FS @ $900/coin. By the end of the year, there were few folks that wanted to pay $1,000+ for the coins and after ebay/paypal fees, I needed $1,000+ to make any money at all on the coins. Then a few years passed and as gold rose, the coin I would consign to Teletrade or sell on my website (or ebay) sold for $1,100, then $1,200, then $1,300, then $1,400, then $1,500, then $1,600+. Heck, before I knew it, I had a coin with $1,900 gold melt in it!! Of course, I only sold a fraction of the total coins as many analysts were calling for $2,500/oz gold spot at that time. Now, I am at $1,100 spot again and into my 10th year of holding the remaining 2006 coins I bought at $900 back in 2006. So, what are the odds that in the next 5 years anyone with a Jackie coin will have an opportunity to sell the coin at a decent profit? That is for you to answer, but I can assure you I do not lose a second of sleep worrying about my Jackie position of PCGS 70 graded coins (and it is a decent sized position at that).
Just my two cents. Wondercoin
Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
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BST Transactions (as the seller): Collectall, GRANDAM, epcjimi1, wondercoin, jmski52, wheathoarder, jay1187, jdsueu, grote15, airplanenut, bigole
I gave up on these the moment they were released as they have taken the exact same loser route that the 5 oz Bullion Quarters took. Big Bucks out of the gate until folks took their heads out and realized that the aftermarket prices they were paying would NEVER EVER be recouped.
In 10 years, they'll just be another bullion piece with no real provenance or collectible value.
Of course, that's all just my narrow minded opinion in this age of Shark Oil Salesmen in the World of the Internet.
The name is LEE!
<< <i>These coins were hyped to the max but have ended up as a "specialty" coin for those that can afford the US Mint's outrageously high prices. >>
The mint premiums have been pretty ridiculous.
<< <i>I gave up on these the moment they were released as they have taken the exact same loser route that the 5 oz Bullion Quarters took. >>
I disagree, the 5oz ATB's are awesome and prices have been steadily rising on the entire series. Have you taken a look at the "keys" pricing recently? These have been anything but losers.
As a first spouse collector, I like the fact that there is not a lot of initial demand. If disposable income ever returns to the middle class, some of those additional funds will find their way into coins. Regardless its gold and has some of the lowest mintages in generational history.
BST Transactions (as the seller): Collectall, GRANDAM, epcjimi1, wondercoin, jmski52, wheathoarder, jay1187, jdsueu, grote15, airplanenut, bigole
Probably 95% are being bought by flippers, most of them being big time boys with cushy arrangements to get 70 grades.
I am in no hurry to buy up ANY of the spouses or the Liberty in advance degrees or otherwise.
Once again, if gold rises, all is saved.
A friend of mine in Florida couldn't find a few problem-free (aka no orange toning) Eleanor proof 70 at >200% of the mint issue price.
Just my two cents. Wondercoin
``https://ebay.us/m/KxolR5