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A new modern key coin in two weeks, secondary market price to double?

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  • tincuptincup Posts: 5,281 ✭✭✭✭✭

    I thought about the haves... but decided against it. Might be the low 'key', but who cares? Kind of like cherrypicking varieties; you might find some, but who will buy them from you (major varieties excepted)? And not even a precious metal to give it some push. Even as a key, probably way more already out there than the few who might collect the 'series' would ever need. So I passed on them; but been wrong many times before!!

    ----- kj
  • HalfStrikeHalfStrike Posts: 2,202 ✭✭✭
    edited December 31, 2016 12:14PM

    Luckily they have very slow shipping of these coins to figure this one, if people know what I mean.

    If the numbers somehow come in low next week this should triple the prices. Much higher than the general, its a bust.

  • @HalfStrike said:
    Luckily they have very slow shipping of these coins to figure this one, if people know what I mean.

    If the numbers somehow come in low next week this should triple the prices. Much higher than the general, its a bust.

    So its price has already doubled as I predicted two weeks ago? Wow.

    To the free man, the country is the collection of individuals who compose it, not something over and above them. -M. Friedman
  • RaufusRaufus Posts: 6,817 ✭✭✭✭✭

    I have two PCGS MS70FS. Perhaps should sell one now at that price. Impossible to know.

    At this point I could even see them coming in above Jackie, tons of returns and the final, audited numbers below.

    Land of the Free because of the Brave!
  • RaufusRaufus Posts: 6,817 ✭✭✭✭✭

    There is one up on Feebay now for $895.

    Land of the Free because of the Brave!
  • ernie11ernie11 Posts: 1,970 ✭✭✭✭✭

    Not that I'm trying to start a pool here, but my best guesstimate is about 4,750 final sales for the unc. $5 gold.

  • RaufusRaufus Posts: 6,817 ✭✭✭✭✭

    @ernie11 said:
    Not that I'm trying to start a pool here, but my best guesstimate is about 4,750 final sales for the unc. $5 gold.

    That would be awesome. That would be around 300 from Sun to Tues at noon. It's certainly possible that many were sold in the last days based on views of this thread. We'll see...

    Land of the Free because of the Brave!
  • OPAOPA Posts: 17,135 ✭✭✭✭✭

    @CA5MAN said:
    I'm sure a lot of people loaded up on the graded stuff. If the numbers come in too high I suspect they'd lose the most.

    The raws will follow the same fate and any ebay sales would likely get returned.

    The Unc Clads have also doubled in price and are in no jeopardy of being oversold.

    If you look at the PCGS pop report for the $5MS....PCGS has graded only 236 in all grades and labels, which makes it physically impossible for people to have "loaded up" prior to the recent potential run up.

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • GoldbullyGoldbully Posts: 17,653 ✭✭✭✭✭
    edited December 31, 2016 4:22PM

    @Raufus said:

    @Goldbully said:

    @thebigeng said:
    Will the First Strike Slabs be worth a premium over the regular slabs in the case?

    I see very little value added for First Strike on this issue.

    Now a 2008-W Gold Buffalo First Strike is a whole different animal.

    Hi bully-

    Just curious, why do you say that? The FS always seem to bring a premium.

    I think that the FS census is quite low on these as well.

    Best, R

    Now that I've had time to digest this thread....I've changed my mind. First Strike will be a winner......silly as it is.

    And I did not complain about that premium on previous issues, mind you. ;)

  • RaufusRaufus Posts: 6,817 ✭✭✭✭✭

    Silly as it is indeed but I agree. Can't wait to see the sales numbers.

    Land of the Free because of the Brave!
  • Coin FinderCoin Finder Posts: 7,297 ✭✭✭✭✭

    There is a MS70FS on ebay for $895.00 Not mine. Will be a good price if it is the lowest mintage ( minus returns ) or 2.5 times what it might be worth if it is the second lowest...

    ebay.com/itm/2016-W-PCGS-MS70-National-Parks-5-Gold-Coin-100th-Anniversary-First-Strike-/112254711966?

  • GoldbullyGoldbully Posts: 17,653 ✭✭✭✭✭
    edited December 31, 2016 6:35PM

    @OPA said:

    @CA5MAN said:
    I'm sure a lot of people loaded up on the graded stuff. If the numbers come in too high I suspect they'd lose the most.

    The raws will follow the same fate and any ebay sales would likely get returned.

    The Unc Clads have also doubled in price and are in no jeopardy of being oversold.

    If you look at the PCGS pop report for the $5MS....PCGS has graded only 236 in all grades and labels, which makes it physically impossible for people to have "loaded up" prior to the recent potential run up.

    I love looking at stats...............

    What's the difference between the 47 and the 49?

  • OPAOPA Posts: 17,135 ✭✭✭✭✭

    @Goldbully said:

    @OPA said:

    @CA5MAN said:
    I'm sure a lot of people loaded up on the graded stuff. If the numbers come in too high I suspect they'd lose the most.

    The raws will follow the same fate and any ebay sales would likely get returned.

    The Unc Clads have also doubled in price and are in no jeopardy of being oversold.

    If you look at the PCGS pop report for the $5MS....PCGS has graded only 236 in all grades and labels, which makes it physically impossible for people to have "loaded up" prior to the recent potential run up.

    I love looking at stats...............

    What's the difference between the 47 and the 49?

    The 47 is the flag label...
    49 .... 100th Anniv. label

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • OPAOPA Posts: 17,135 ✭✭✭✭✭
    edited December 31, 2016 8:08PM

    @CA5MAN said:

    @OPA said:

    @CA5MAN said:
    I'm sure a lot of people loaded up on the graded stuff. If the numbers come in too high I suspect they'd lose the most.

    The raws will follow the same fate and any ebay sales would likely get returned.

    The Unc Clads have also doubled in price and are in no jeopardy of being oversold.

    If you look at the PCGS pop report for the $5MS....PCGS has graded only 236 in all grades and labels, which makes it physically impossible for people to have "loaded up" prior to the recent potential run up.

    So would it be impossible if a person started loading up several months ago adding 5 per month?

    Pop report would have reflected the increase....but with only 51 non first strike graded, it did not occur. As mentioned before, it may still happen from the recent 4 weeks of sales.

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • 53BKid53BKid Posts: 2,174 ✭✭✭

    @Raufus said:
    Two of the UNCs that I ordered arrived today.

    The packaging of one of them was torn up and broken up. I thought that the coin might be missing. I was going to keep them all sealed but I had to be sure that the coin was in this one. It was - loose with the capsule in two pieces. How does this happen???!! Ugh!!

    How sickening that this is still going on. They've known about this issue for years and still can't get it right. Maybe for a cheap coin, but gold? Really?

    I hope the coin looks great under a 10x loop.

    HAPPY COLLECTING!!!
  • OPAOPA Posts: 17,135 ✭✭✭✭✭

    @CA5MAN said:
    Load up does not mean send in for grading...it means buying up while pricing is low over a period of time well in advance and in anticipation of low sales,....load up

    The posted weekly sales report issued by the Mint, would have reflected your assumption. It did not, sales up to about 4 weeks ago, were lethargic to say the least.

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • OverdateOverdate Posts: 7,104 ✭✭✭✭✭

    @Goldbully said:
    What's the difference between the 47 and the 49?

    2

    My Adolph A. Weinman signature :)

  • BochimanBochiman Posts: 25,553 ✭✭✭✭✭

    @Spkrmakr said:
    When might we expect final numbers? I ordered a single MS. Opted for "budget shipping." Arrived in 72-hours. Absolute solid 70. Nice piece.

    When it comes to flipping, there are no 70s unless PCGS says it is. I've learned that.

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • Coin FinderCoin Finder Posts: 7,297 ✭✭✭✭✭

    goldbully different labels..

  • OPAOPA Posts: 17,135 ✭✭✭✭✭

    @Overdate said:

    @Goldbully said:
    What's the difference between the 47 and the 49?

    2
    As posted once before

    The 47 is the flag label...
    49 .... 100th Anniv. label

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • OPAOPA Posts: 17,135 ✭✭✭✭✭

    @CA5MAN said:

    @OPA said:

    @CA5MAN said:
    Load up does not mean send in for grading...it means buying up while pricing is low over a period of time well in advance and in anticipation of low sales,....load up

    The posted weekly sales report issued by the Mint, would have reflected your assumption. It did not, sales up to about 4 weeks ago, were lethargic to say the least.

    I'm not taking about buying them from the mint, not sure why you're do confused. Step one, go to dealer website, throw some in cart, rinse and repeat for several months. I'm not saying there was a never ending supply, the pops are low but buying into graded stuff is not a mystery and that includes NGC coins as well.

    Perhaps my terminology on what is means to load up differs from yours.

    Why would you go to a "dealers site" to purchase the coins that are still available from the Mint. Your assumption of "loading up".....well, I'm sure you know the alternative meaning of "assumption."

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • tincuptincup Posts: 5,281 ✭✭✭✭✭

    I guess 'loading up' means different things to different individuals.

    I had no desire to pick up multiple examples a couple of months ago, from ebay, dealers, or the US Mint.

    But during last days of the year, the temptation was certainly there to take a chance at US Mint. I think it could be very interesting this next week when last sales figures come out. IF sales are in range of 5 to 100 above the Jackie numbers... then what do you do? If you send coins back, and others do the same, obviously the Parks coin can easily still become the new low mintage after all numbers finalized.

    ----- kj
  • Coin FinderCoin Finder Posts: 7,297 ✭✭✭✭✭

    What is that 66% over melt.

  • RaufusRaufus Posts: 6,817 ✭✭✭✭✭

    I have a feeling that there will be a bit more activity on this thread tomorrow :-) Interesting times ahead!

    Land of the Free because of the Brave!
  • youniqueyounique Posts: 882 ✭✭✭

    Agreed. How many 70's among us here

  • RaufusRaufus Posts: 6,817 ✭✭✭✭✭
    edited January 2, 2017 10:43AM

    I have two PCGS 70 FS with the 100th Anniv Label.
    5 raw, four of them sealed (one was busted open by UPS and the Mint's terrible packing job).

    Who else has 70s? How many?

    Will be very interesting to see folks' comments if it misses key by a few hundred. Send em back or gamble that others will send enough back. Even if not the key but number 2 then what? The CVS, ,etc did pretty well but prices are falling. Still a good bit better than issue.

    No question that this discussion had a substantial impact on sales I think.

    Will be VERY interesting.

    Land of the Free because of the Brave!
  • youniqueyounique Posts: 882 ✭✭✭

    5 70's. 10 raw sealed.

  • RaufusRaufus Posts: 6,817 ✭✭✭✭✭

    As to 70s, FS or not? :-)

    Land of the Free because of the Brave!
  • Type2Type2 Posts: 13,985 ✭✭✭✭✭

    Dumb me I took the money I was going to use to buy this and bought some cannabis stock instead that doubled in a week. I need to stop making left turns and stay on track. ;)



    Hoard the keys.
  • jwittenjwitten Posts: 5,219 ✭✭✭✭✭

    Any news on it yet?

  • RaufusRaufus Posts: 6,817 ✭✭✭✭✭
    edited January 3, 2017 1:41PM

    Figures released by 5 pm Eastern time which usually ends up being right at 5.

    Land of the Free because of the Brave!
  • kiyotekiyote Posts: 5,586 ✭✭✭✭✭

    It's a holiday week though so it's hard telling.

    I have two boxed clad UNC FS eligible halves but that's it. :(

    "I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.
  • 92vette92vette Posts: 529 ✭✭✭
    edited January 3, 2017 2:32PM
        5201.  Wait til next week I guess
    
  • SpkrmakrSpkrmakr Posts: 107 ✭✭✭

    It could have been much better if "someone" could have simply, not muddied the water!

    Spkrmakr
  • jwittenjwitten Posts: 5,219 ✭✭✭✭✭

    Wow. Missed the Key by 27 coins? Well, everyone needs to return them then! (please!)

  • GoldbullyGoldbully Posts: 17,653 ✭✭✭✭✭
  • PerryHallPerryHall Posts: 46,568 ✭✭✭✭✭

    I wonder if any will be returned. As a semi-key in the modern gold coin series it's probably still worth keeping.

    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

  • ernie11ernie11 Posts: 1,970 ✭✭✭✭✭

    The mint's website lists the $5 gold unc. sales as 5,201, hope I got this right, can someone else confirm? If so, this puts it around the same mintage as the Jackie Robinson at 5,174.

  • bolivarshagnastybolivarshagnasty Posts: 7,352 ✭✭✭✭✭

    So nearly 20,000 NP gold proofs (3 coin set and singles) and 5200 NP Unc's. Are there 5000 Modern Gold Uncirculated set Collectors out there? That is the only reason there will be a demand isn't it?

  • RaufusRaufus Posts: 6,817 ✭✭✭✭✭

    Clearly this thread was responsible for more than 27!

    Land of the Free because of the Brave!
  • PerryHallPerryHall Posts: 46,568 ✭✭✭✭✭

    @ernie11 said:
    The mint's website lists the $5 gold unc. sales as 5,201, hope I got this right, can someone else confirm? If so, this puts it around the same mintage as the Jackie Robinson at 5,174.

    That's correct. The Uncirculated Jackie Robinson is still the key date for the gold commemorative coin series by only 27 coins.

    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

  • RaufusRaufus Posts: 6,817 ✭✭✭✭✭

    Regardless of returns, this number will stand until the final audited numbers come out - whenever that is.

    Land of the Free because of the Brave!
  • OPAOPA Posts: 17,135 ✭✭✭✭✭
    edited January 3, 2017 3:10PM

    Not surprising...Only the half dollar unc. NPS, as expected, ended up as a "key coin." I'm surprised, that the Mint had that many $5 unc NPS still available. My guess was for a 5k first run.

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • Coin FinderCoin Finder Posts: 7,297 ✭✭✭✭✭
    edited January 3, 2017 3:17PM

    Well, I think the place to be now on this coin is in a PCGS FS holder with a MS70 grade. Those should go up to around $900 in a couple of months I think, could be wrong...What do you guys think?

  • kiyotekiyote Posts: 5,586 ✭✭✭✭✭

    Blarg, I was hoping for a new key. Jackie's front-facing design isn't overly inspired.

    "I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.
  • bolivarshagnastybolivarshagnasty Posts: 7,352 ✭✭✭✭✭

    I counted 303 Participants in the PCGS Registry that could possibly need this coin in their set. This doesn't include the Collectors who have multiple sets and need only one UNC example. Sure, there are sets at NGC and those at home who don't participate online or even have theirs graded. Where's the demand going to come from? For the flippers, I wouldn't order my new Benz quite yet. :o

  • HalfStrikeHalfStrike Posts: 2,202 ✭✭✭
    edited January 3, 2017 3:31PM

    It's too early to say which is lowest, I thought the coin would have higher sales than 5200 but am happy it didn't. The final number won't happen until returns gets factored in a few weeks, some people will send some back.

    I wish i had bought more now.

  • 92vette92vette Posts: 529 ✭✭✭

    It's gonna take at least two more mint reports for the sales numbers to settle out.

  • RaufusRaufus Posts: 6,817 ✭✭✭✭✭

    How long does it usually take before the final audited reports are issued? As to the sales report thread have the numbers reported for a given week changed for that same week in subsequent reports?

    Land of the Free because of the Brave!

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