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2016 gold Mercury Dime, SL Quarter and WL Half, got the first 2 and am wavering on last.

BUFFNIXXBUFFNIXX Posts: 2,727 ✭✭✭✭✭

Got the first two of the gold Mercury dime and Standing liberty quarter but am wavering on the Walker because of the price.
What do others think. Are these good to get for a long term hold or? Thanks for your opinions.

Collector of Buffalo Nickels and other 20th century United States Coinage
a.k.a "The BUFFINATOR"

Comments

  • TomBTomB Posts: 22,097 ✭✭✭✭✭

    I'm going to buy a pair of them because I have a pair of each the Merc and SLQ. I rather like them, though I think if they were prepared differently they might have been quite stunning.

    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

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  • PaleElfPaleElf Posts: 990 ✭✭✭

    Will have to complete the set.

  • ianrussellianrussell Posts: 2,499 ✭✭✭✭✭

    These will always be popular coins due to the classic designs (and despite the mintages and household limits). The Half Dollar has the potential to be the best out of the three - more people will want it due to it being a larger gold coin, the design and has a chance to sell out with the 3 per household limit.

    • Ian
    Ian Russell
    Owner/Founder GreatCollections
    GreatCollections Coin Auctions - Certified Coin Auctions Every Week - Rare Coins & Coin Values
  • PerryHallPerryHall Posts: 46,906 ✭✭✭✭✭

    @ianrussell said:
    These will always be popular coins due to the classic designs (and despite the mintages and household limits). The Half Dollar has the potential to be the best out of the three - more people will want it due to it being a larger gold coin, the design and has a chance to sell out with the 3 per household limit.

    • Ian

    I'm guessing this one will cost around $900. Many who bought the first two coins in this series will not be able to afford this one especially considering that the holidays are coming up and budgets will be stretched thin.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • illini420illini420 Posts: 11,467 ✭✭✭✭✭

    I really liked the gold Mercury Dime. About the same size as a real silver Mercury Dime and overall it looks great, though not perfect or as good as the Mint could have done.

    I have the gold Standing Liberty Quarter. I think the Mint did a great job on the design and it looks pretty good, but after having it a little while, I don't like it as much as I like the gold dime. Mostly, I do not like the fact that the gold Standing Liberty Quarter is noticeably smaller in diameter than a real quarter.

    With the upcoming gold Walking Liberty Half Dollar, the size difference between that one and the regular half dollars will be even more noticeably different. No matter how well the Mint does with capturing and recreating the design, I think the size difference will bother quite a few collectors. So even if they nail the design, I think it has the potential to be the worst of the three even before you factor in the cost.

  • PerryHallPerryHall Posts: 46,906 ✭✭✭✭✭

    @illini420 said:
    I really liked the gold Mercury Dime. About the same size as a real silver Mercury Dime and overall it looks great, though not perfect or as good as the Mint could have done.

    I have the gold Standing Liberty Quarter. I think the Mint did a great job on the design and it looks pretty good, but after having it a little while, I don't like it as much as I like the gold dime. Mostly, I do not like the fact that the gold Standing Liberty Quarter is noticeably smaller in diameter than a real quarter.

    With the upcoming gold Walking Liberty Half Dollar, the size difference between that one and the regular half dollars will be even more noticeably different. No matter how well the Mint does with capturing and recreating the design, I think the size difference will bother quite a few collectors. So even if they nail the design, I think it has the potential to be the worst of the three even before you factor in the cost.

    You make a good point. The gold WLH will be close to the size of a quarter which will look weird to many collectors.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • BryceMBryceM Posts: 11,864 ✭✭✭✭✭

    I think it might have been far better to alloy these 90/10 with copper, make the planchets thinner and maintain the original diameter. The dime looks good. The SLQ looks a bit odd. The Walker might look very strange that small.

    As for investment potential, I think that's a poor reason to buy one. Buy them if you like them. Also, there's no reason to be in a hurry. If you still like them in 6-12 months there will be plenty of them for sale.

  • PerryHallPerryHall Posts: 46,906 ✭✭✭✭✭

    @BryceM said:
    I think it might have been far better to alloy these 90/10 with copper, make the planchets thinner and maintain the original diameter.

    If the planchet is too thin, the coins will be weakly struck since there won't be enough metal to completely fill the recesses of the dies. Don't forget that the gold Kennedy half used 3/4 oz of gold which is 50% more gold that what is being used for the gold WLH.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • BackroadJunkieBackroadJunkie Posts: 3,745 ✭✭✭✭✭

    @PerryHall said:

    @ianrussell said:
    These will always be popular coins due to the classic designs (and despite the mintages and household limits). The Half Dollar has the potential to be the best out of the three - more people will want it due to it being a larger gold coin, the design and has a chance to sell out with the 3 per household limit.

    • Ian

    I'm guessing this one will cost around $900. Many who bought the first two coins in this series will not be able to afford this one especially considering that the holidays are coming up and budgets will be stretched thin.

    The last time I posted this, I got a dislike. But we'll post it again. :)

    If gold spot is between $1200 and $1249, the cost will be $865.
    If gold spot is between $1250 and $1299, the cost will be $890.
    If gold spot is between $1300 and $1349, the cost will be $915.

    I plan on gettting one to finish my set. I was on my way to getting two sets, but the over-the-top mintage of the SLQ cured me of that...

  • BackroadJunkieBackroadJunkie Posts: 3,745 ✭✭✭✭✭

    @BryceM said:
    I think it might have been far better to alloy these 90/10 with copper, make the planchets thinner and maintain the original diameter. The dime looks good. The SLQ looks a bit odd. The Walker might look very strange that small.

    They were struck on standard 24K fractional sizes to save on cost. I doubt these coins would have happened if they had to source 22k in odd sizes. (Yes, dime/quarter/half sizes are odd sizes for mint gold...)

    As for investment potential, I think that's a poor reason to buy one. Buy them if you like them. Also, there's no reason to be in a hurry. If you still like them in 6-12 months there will be plenty of them for sale.

    The only way this becomes an investment potential is if gold doubles in price. :D

    The mint should populate the WLH web page in a couple of days...

  • KudbegudKudbegud Posts: 4,735 ✭✭✭✭✭

    I wish the Mint would have made a silver set in addition to the gold. They would have been the same size as the originals which would have paired well with 1916 versions.


  • WalkerfanWalkerfan Posts: 9,770 ✭✭✭✭✭

    I would buy one, since you bought the other two, then you'd have the set.

    I have heard that the WLH is going to be smaller than the original but I can't seem to find data on how much.

    Does anyone know?

    Will it be a significant amount or very slight?

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • PaleElfPaleElf Posts: 990 ✭✭✭

    @Walkerfan Based on the size of the gold SLQ, I would imagine significant.

  • BUFFNIXXBUFFNIXX Posts: 2,727 ✭✭✭✭✭

    yep I will probably get one. thanks for all the comments.
    would have been nice had the mint also made a silver version of these three coins and hows about having made a silver
    version of the 1913buffalo nickel, both matte proof and uncirculated verions of both types (total of 8 coins)
    just dreaming!

    Collector of Buffalo Nickels and other 20th century United States Coinage
    a.k.a "The BUFFINATOR"
  • KudbegudKudbegud Posts: 4,735 ✭✭✭✭✭

    @Walkerfan said:
    I would buy one, since you bought the other two, then you'd have the set.

    I have heard that the WLH is going to be smaller than the original but I can't seem to find data on how much.

    Does anyone know?

    Will it be a significant amount or very slight?

    Here is a guestimate based on the reduced sizes of the dime and quarter:
    Mercury Dime, silver diameter = 17.91 mm, 2016 gold dia. = 16.5 mm or 92.127% of the original
    Standing Lib. Quarter, silver dia. = 24.3 mm, 2016 gold dia. = 22 mm or 90.534% of the original
    Walking Liberty Half, silver dia. = 30.63 mm
    Putting the gold diameter % half way between the gold dime and quarter % @ 91.33%
    The gold half should be about 27.974 mm, give or take a little


  • WalkerfanWalkerfan Posts: 9,770 ✭✭✭✭✭

    @Kudbegud said:

    @Walkerfan said:
    I would buy one, since you bought the other two, then you'd have the set.

    I have heard that the WLH is going to be smaller than the original but I can't seem to find data on how much.

    Does anyone know?

    Will it be a significant amount or very slight?

    Here is a guestimate based on the reduced sizes of the dime and quarter:
    Mercury Dime, silver diameter = 17.91 mm, 2016 gold dia. = 16.5 mm or 92.127% of the original
    Standing Lib. Quarter, silver dia. = 24.3 mm, 2016 gold dia. = 22 mm or 90.534% of the original
    Walking Liberty Half, silver dia. = 30.63 mm
    Putting the gold diameter % half way between the gold dime and quarter % @ 91.33%
    The gold half should be about 27.974 mm, give or take a little

    Thanks, for the info.

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • illini420illini420 Posts: 11,467 ✭✭✭✭✭

    @Kudbegud said:

    @Walkerfan said:
    I would buy one, since you bought the other two, then you'd have the set.

    I have heard that the WLH is going to be smaller than the original but I can't seem to find data on how much.

    Does anyone know?

    Will it be a significant amount or very slight?

    Here is a guestimate based on the reduced sizes of the dime and quarter:
    Mercury Dime, silver diameter = 17.91 mm, 2016 gold dia. = 16.5 mm or 92.127% of the original
    Standing Lib. Quarter, silver dia. = 24.3 mm, 2016 gold dia. = 22 mm or 90.534% of the original
    Walking Liberty Half, silver dia. = 30.63 mm
    Putting the gold diameter % half way between the gold dime and quarter % @ 91.33%
    The gold half should be about 27.974 mm, give or take a little

    It should be even smaller than you think. So far the sizes have matched the 2008 buffalo gold fractional. The half ounce $25 Buffalo was 27.00 mm diameter and so should the gold WLH.

    Closer to regular quarter size than a half... :-1:

  • CascadeChrisCascadeChris Posts: 2,529 ✭✭✭✭✭

    @Kudbegud said:
    I wish the Mint would have made a silver set in addition to the gold. They would have been the same size as the originals which would have paired well with 1916 versions.

    That would've required an act of Congress. But yeah, would've been cool. They really screwed thepooch with these. Many people were hyped up for a year solid only to be let down big time. I don't see much of any financial upside on these ever. They will most likely always follow spot. Do yourself a favor, if profit potential is what you want get as many Dan Carr 64d morhans in high grade and the DMPL if he does them. Of course if you like and want this as a collector or to complete the set them go for it.

    The more you VAM..
  • BackroadJunkieBackroadJunkie Posts: 3,745 ✭✭✭✭✭

    @Kudbegud said:
    The gold half should be about 27.974 mm, give or take a little

    The blanks are the same size as the gold fractionals. The 1/2ozt fractional is 1.063 inches. (27.00 mm)

  • LakesammmanLakesammman Posts: 17,464 ✭✭✭✭✭

    I'm all in. :+1:

    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
  • KudbegudKudbegud Posts: 4,735 ✭✭✭✭✭

    Thanks for the info about the fractional gold diameters. Didn't think about that but it reasonable and doesn't need special sized blanks.
    I get it about the act of congress to do a silver version. How cool would it look to have a three coin spread of original, 2016 silver and the gold side by side. Sigh. :'(


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