Question for the masses

jdsueu · April 13, 2016 12:01PM

Will this gold dimey thing be a flip or flop? The mintage seems so high I think flop... I only want to buy to flip I think on these - what does the peanut gallery say?

rte592 · April 13, 2016 12:06PM

Everyone I talk to seems to love them but for the price of admission.

TopographicOceans · April 13, 2016 12:07PM

Originally posted by: jdsueu

Will this gold dimey thing be a flip or flop? The mintage seems so high I think flop... I only want to buy to flip I think on these - what does the peanut gallery say?

If you think they will flop, why would you buy one to flip?

Jackthecat1 · April 13, 2016 12:07PM

I think they will be pretty. I will keep mine with my 2008 1/10 oz. gold Buffalo. If I like the coin it won't be a flop to me.

fcloud · April 13, 2016 12:10PM

I'm getting one to hold. I don't care if they flop, or not.

hchcoin · April 13, 2016 12:18PM

I just think they are cool so I really don't care if they are a flop.

Cougar1978 · April 13, 2016 1:44PM

No interest at all at USM retail. It will be a flop and these will be discounted in the aftermarket. Dimes were never minted in gold and I reject spending major money on one of these. Unless offered to me around melt, no interest. Sadly many will lose money on these.

ebaybuyer · April 13, 2016 1:47PM

they will probably be worth bullion at least

Bochiman · April 13, 2016 1:58PM

Originally posted by: jdsueu

Will this gold dimey thing be a flip or flop? The mintage seems so high I think flop... I only want to buy to flip I think on these - what does the peanut gallery say?

So, you share yourself so much on the site (all of 65 posts in 5 years), and help others and share knowledge that you come here just for information to take away to help you on the flip....and then call those you are asking the great nickname of "peanut gallery"????

Mmmmmmkay. Got it.

derryb · April 13, 2016 2:00PM

Flippers will need to flip quickly. The early birds will get the worms.

garrynot · April 13, 2016 10:43PM

Originally posted by: Bochiman

Originally posted by: jdsueu

Will this gold dimey thing be a flip or flop? The mintage seems so high I think flop... I only want to buy to flip I think on these - what does the peanut gallery say?

So, you share yourself so much on the site (all of 65 posts in 5 years), and help others and share knowledge that you come here just for information to take away to help you on the flip....and then call those you are asking the great nickname of "peanut gallery"????

Mmmmmmkay. Got it.

Well said

COINS MAKE CENTS · April 13, 2016 11:55PM

Of course it will be a hit for the first few months and then after that it will die out like most mint coins which is fine in my opinion it's going to be a neat looking coin and I am a firm believer don't worry about what other people think if you like it and can afford it then buy it

ElKevvo · April 14, 2016 12:15AM

Flippers will need to flip quickly. The early birds will get the worms.

That...after a while prices will drop IMO.

K

LindeDad · April 14, 2016 12:17AM

Big boys play to win on these type of things, us one or a two to flip end up losing.

MFH · April 14, 2016 12:19AM

Not so much into Dimes, as I am into SLQ's.
I'll wait for the Standing Liberty Quarter !!

Boosibri · April 14, 2016 12:19AM

Supply appears to be much greater than the potential demand so profitable flipping would seem to be a challenge.

VanHalen · April 14, 2016 12:27AM

Originally posted by: MFH

Not so much into Dimes, as I am into SLQ's.

I'll wait for the Standing Liberty Quarter !!

I agree even though I'm not a SLQ guy. A 22mm gold piece with that design is very appealing.

topstuf · April 14, 2016 12:34AM

I don't think flipping will be an issue.

I'm betting (but not buying) that a numismatically ignorant public will buy these trinkets like Franklin Mint junk and think they have a prize.

asheland · April 14, 2016 12:40AM

Good point, Bochiman.

ricko · April 14, 2016 12:41AM

IMO, they will be at melt in two years....or close anyway. Cheers, RickO

jdsueu · April 14, 2016 12:51AM

@boogerman Some would regard the talking heads on CNBC as experts. Not s single one on Fast Money even beat the S&P last year. These guys do it for a living. I would put them down as the peanut gallery as well because anything they say is just a guess too. I Like to hear some of the comments from the less boogery people on the forum who enjoy pleasant discussions. No one said you had to comment or reply and from your response it reminds me of the story I read on this forum with the guy who brought his son to the coin show and met someone just like you regardIng a medal. Go lick your coins or something. I don't need you or your boogery comments.

asheland · April 14, 2016 1:19AM

DCW · April 14, 2016 1:41AM

This should follow the trend of most "hot" mint products. Quick sellout, followed by inflated resale prices and opportunities for the flippers, marked by steady and sometimes very rapid decline burying those buying on secondary markets..
This cycle repeats nearly 100% of the time!
I think if you buy US Mint products, you'd better like what you're buying or hope for an uptick in the metals market, because they dont seem to be appreciating much numismatically.

Walkerfan · April 14, 2016 2:00AM

Flippers will have a field day, as they did with the Kennedys.

Gold will eventually rise making these an even better value at the purchase price.

I don't think anyone will be sorry that they bought these.

steveben · April 14, 2016 2:12AM

Originally posted by: VanHalen

Originally posted by: MFH

Not so much into Dimes, as I am into SLQ's.

I'll wait for the Standing Liberty Quarter !!

I agree even though I'm not a SLQ guy. A 22mm gold piece with that design is very appealing.

+1

291fifth · April 14, 2016 2:20AM

Once they have been flipped they will flop.

topstuf · April 14, 2016 2:44AM

Originally posted by: 291fifth

Once they have been flipped they will flop.

Oh that's what they said about Bugs Bunny Frankies.

s4ny · April 14, 2016 3:52AM

More of a flop than successful flip. Too much premium.

garrynot · April 14, 2016 4:05AM

People comment because they want to. If you have a thin skin don't post

Bochiman · April 14, 2016 4:30AM

Originally posted by: jdsueu

@boogerman Some would regard the talking heads on CNBC as experts. Not s single one on Fast Money even beat the S&P last year. These guys do it for a living. I would put them down as the peanut gallery as well because anything they say is just a guess too. I Like to hear some of the comments from the less boogery people on the forum who enjoy pleasant discussions. No one said you had to comment or reply and from your response it reminds me of the story I read on this forum with the guy who brought his son to the coin show and met someone just like you regardIng a medal. Go lick your coins or something. I don't need you or your boogery comments.

Your childish namecalling aside, you are just upset because you were called out.

You just want to come on, pick brains/thoughts, and profit from that....all the while adding nothing to any conversation.

There are always people like you when it comes time for a potential flip. Most have the respectfulness of not coming out of the gate to insult people in the same breath.

Nice thing about the forum here....I can comment

As for you reading one who post recently...good for you!

Now, as for the aspersions you are casting about me, and your insults as well......go for it. Keep it up and it will show to all and it will be unlikely you will last long on the boards (of course, if your posts are like this one you did, I can see why you haven't posted much, as it would have gotten you banned pretty quickly, most likely)

epcjimi1 · April 14, 2016 4:33AM

Geez-a-Louisa, I think the thread title, "Question for the masses" sums it up. MHO

jdsueu · April 14, 2016 4:52AM

Why do I bother to even reply to people like you? I really think you could be the guy that has the medal that everyone is discussing in the other thread- or maybe it's garrynot? It was a simple question, a poll perhaps, there is nothing anyone is going to say here that will push me in either direction. I like to hear other people's opinions besides my own and thought it was worthwhile sparking a discussion for it. But you from your Ivory Tower want to look down your nose and say, "Oh who are you! You have no worthwhile posts and conversations to be asking this question! You are trying to profit off this on my presumed knowledge of the market! You don't deserve to ask questions like this!" And then a bunch of lame-o's egging you on. Grow up! You are the one casting aspersions on my character and value - and acting like a child. People like you can't apologize and are unfortunately are egged on by others with similar social skills and distorted self-worth. There is no knowledge you have on this mint offering that I will benefit from. In fact, there is probably little knowledge of anything you have that anyone will benefit from. Perhaps if you keep that in mind before your next response, a little humility may come and begin to yield more admirable character traits.

Bochiman · April 14, 2016 4:53AM

TwoSides2aCoin · April 14, 2016 6:21AM

This is entertainment.

TwoSides2aCoin · April 14, 2016 6:26AM

On that note, they may make great collectibles for my grandchildren, like those Gold Buffaloes. Though, am not banking on them appreciating coins, any more than most people appreciate me.

topstuf · April 14, 2016 6:45AM

The mint is planning to offer some humility as soon as they figure out how to price it.

dpoole · April 14, 2016 6:46AM

They're made of gold. Unlike Beanie Babies, they have value that is intrinsic beyond their allure (or lack thereof) as collectibles. If the Mint were making these of bronze, why would I get one? I get get the real McCoy in any coin shop, made out of silver.

I'm getting one 1) because it's a beautiful, classic design with all the nostalgia and history I like, 2) it's gold, which means it'll always be worth melt, and 3) who knows? It may even evolve some numismatic value on its own merits somewhere down the road.

Flipping, as opposed to "collecting," is a gambler's game. I decidedly lack the temperament to do gambling well. The only wisdom I have to impart for you is that you shouldn't stand next to me at the gambling table.

topstuf · April 14, 2016 6:47AM

I have what I think is a gold Beanie Baby.

Anyone collect these?

TwoSides2aCoin · April 14, 2016 7:21AM

Originally posted by: topstuf
The mint is planning to offer some humility as soon as they figure out how to price it.

I'm sure some in the house and senate are feverishly working on a bill for that, as we chat.

BAJJERFAN · April 14, 2016 7:41AM

Originally posted by: rte592

Everyone I talk to seems to love them but for the price of admission.

Why should the flippers make more than the minters?

People expect the mint to sell them at cost plus nothing so they can flip them for cost plus a bunch.

jedm · April 14, 2016 10:07AM

This place is entertaining. I don't post often because I have got little to say. I come around here almost everyday at some time just to be educated, amused, and humbled. I find that I prefer to be a spectator by choice in many of my daily activities. I will most likely not buy them to flip or to flop with, but will enjoy watching and hearing about those that do. Only rarely do I get motivated enough to add my 1 cents worth.

asheland · April 15, 2016 6:33AM

Greg still likes copper.

Question for the masses

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