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

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  • TwoSides2aCoin
    TwoSides2aCoin Posts: 45,216 ✭✭✭✭✭
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    buy what you like
    like what you buy
    flip what you want
    want what you flip
    collect what you will
    will what you collect be fun ?
    nothing else matters.

  • wondercoin
    wondercoin Posts: 17,138 ✭✭✭✭✭
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    Goldminers: Thank you very much for sending me funds for (2) Craft beers! You are a gentleman and a scholar on all matters other than Boys Town related issues. :)

    And, of course, if something crazy happens and someone buys up 3,000+ additional Boys Town MS Gold Commems, rest assured I will send you the funds for (4) Craft beers!! HIghly unlikely, but you never know!

    Wondercoin

    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • Mark
    Mark Posts: 3,644 ✭✭✭✭✭
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    Mitch, I really do need to apologize because I just bought one (1) Boys Town MS Gold Commem. I realize this purchase lowers your chance of quaffing the free beers, hence my heartfelt apology.

    :)

    Mark


  • wondercoin
    wondercoin Posts: 17,138 ✭✭✭✭✭
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    I’m getting very thirsty. ;).

    Wondercoin

    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • wondercoin
    wondercoin Posts: 17,138 ✭✭✭✭✭
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    The coin is on backorder now? Interesting.

    Wondercoin

    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • spotthedog
    spotthedog Posts: 313 ✭✭✭
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    Do items like this, that go on back order, tend to end up being declared "sold out" before they're shipped?

  • wondercoin
    wondercoin Posts: 17,138 ✭✭✭✭✭
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    They declared it "sold out" today if that helps answer your question.

    Wondercoin

    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • radioman
    radioman Posts: 770 ✭✭✭
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    So what is the final number sold?

  • wondercoin
    wondercoin Posts: 17,138 ✭✭✭✭✭
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    A few days ago, it was sub-2,700. Final number probably comes out on Tuesday.

    Wondercoin

    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • kiyote
    kiyote Posts: 5,633 ✭✭✭✭✭
    edited December 7, 2017 3:40PM
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    That would be a crazy low number! Possibly the lowest mintage for a modern commem coin of any denomination for a long, long time. Jackie Unc $5 held that spot for nearly 20 years.

    "I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.
  • Martin
    Martin Posts: 999 ✭✭✭✭✭
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    I have 4 on back order, place on the 5th. Any guesses if i get them?

    Thanks
    Martin

  • wondercoin
    wondercoin Posts: 17,138 ✭✭✭✭✭
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    No promises, but I think you may be OK Martin. This was a coin that the US Mint suggested in their Christmas catalog. I would hope they would not disappoint those who ordered the coin (on backorder) a few days before the sellout. And what a Christmas present this will be for some!

    If it makes you feel any better (anyone out there), I had 99 coins in my cart yesterday and decided to wait to buy them since the online message was that the coins would be fulfilled on 12/28/17 (or something like that). Those would have been a nice pile to be waiting for too. Just another “fish that got away”.

    Wondercoin.

    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • Martin
    Martin Posts: 999 ✭✭✭✭✭
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    Mitch
    Thanks for the insight. sorry on the 99. I too was thinking of waiting and stumbled onto the back order. I figured they would take orders untill late December and make up the difference it is after all a com and the boys town is on the hook untill there are profits at least that is what I though

    Thanks
    Martin

  • kiyote
    kiyote Posts: 5,633 ✭✭✭✭✭
    edited December 7, 2017 7:03PM
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    Any guesses on the final tally? I’m betting on a last minute rush because plenty of folks knew sales would at least end in a few weeks. My guess, 3,067.

    "I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.
  • Tradedesk
    Tradedesk Posts: 42 ✭✭
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    2976

  • drei3ree
    drei3ree Posts: 3,430 ✭✭✭✭
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    This one will certainly be the lowest minted, but I'm not so sure it will be the highest priced $5 commemorative...Jackie shows 71 MS70 coins after twenty years of submissions at PCGS and the Boys total is already at 251. My guess, the Jackie MS70 is still King and the 69's and below come along for the ride.

  • drei3ree
    drei3ree Posts: 3,430 ✭✭✭✭
    edited December 8, 2017 4:56AM
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    ...and I know the same thing is said about Jackie, but the Boys Town coin is REALLY ugly!

    (Full Disclosure: I own several Boys Town coins.)

  • radioman
    radioman Posts: 770 ✭✭✭
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    I ordered one on 12/06 it just went from backordered to processing. :)

  • radioman
    radioman Posts: 770 ✭✭✭
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    Martin,

    Have your 4 coins shipped?

  • Martin
    Martin Posts: 999 ✭✭✭✭✭
    edited December 12, 2017 11:25AM
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    Radioman

    They shipped yesterday.

    We should know today how many they sold

    Martin

  • Coin Finder
    Coin Finder Posts: 7,805 ✭✭✭✭✭
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    Commemoratives 17CB 2017 BOYS TOWN GOLD UNC 2999 12/10/2017

    The court jester does not play, but gently pulls the strings…

  • spotthedog
    spotthedog Posts: 313 ✭✭✭
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    Wow! Popular item.

  • TRADECOIN
    TRADECOIN Posts: 467 ✭✭
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    Wow 2999 mintage , I have 3 BT $5 Unc's . I will send them to PCGS then hold until their price reflects the CRAZY LOW MINTAGE . May give them to the grand kids .

    Viet Nam Vet 66/67.
    Retired Coin Shop Owner .
    Still Collecting
    Love my Grandkids and my German Shepherd Dogs . Kind of like my wifes Cat.
  • radioman
    radioman Posts: 770 ✭✭✭
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    Mine has shipped also :)

  • Insider2
    Insider2 Posts: 14,452 ✭✭✭✭✭
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    @drei3ree said:
    This one will certainly be the lowest minted, but I'm not so sure it will be the highest priced $5 commemorative...Jackie shows 71 MS70 coins after twenty years of submissions at PCGS and the Boys total is already at 251. My guess, the Jackie MS70 is still King and the 69's and below come along for the ride.

    Perhaps much of this difference is that TPGS grading was much stricter in the past. :wink:

  • drei3ree
    drei3ree Posts: 3,430 ✭✭✭✭
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    ...or the MINT's quality is improving?

  • Sweetpie
    Sweetpie Posts: 562 ✭✭✭✭
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    Does the mint included all orders shipped in the report? Or does it also included those being processed?

  • dpoole
    dpoole Posts: 5,940 ✭✭✭✭✭
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    Increasingly, the Mint's low mintage offerings recede quickly into the background after issue and early flips. "Keys" now cluster so close to so many others among the modern commems, the plats and the first spouses, that it almost makes no difference.

    I did something I've never done before, and flipped my MS70 Boys Town. Got a grand for it. I'm betting that'll look good after a few months.


    Here's a warning parable for coin collectors...



  • Raufus
    Raufus Posts: 7,555 ✭✭✭✭✭
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    @dpoole said:
    Increasingly, the Mint's low mintage offerings recede quickly into the background after issue and early flips. "Keys" now cluster so close to so many others among the modern commems, the plats and the first spouses, that it almost makes no difference.

    I did something I've never done before, and flipped my MS70 Boys Town. Got a grand for it. I'm betting that'll look good after a few months.

    I think you are very likely right.

    I was offered $975 for my NP PCGS MS70FS and turned it down. BIG mistake. They tanked well before BT was known to be the key.

    Land of the Free because of the Brave!
  • derryb
    derryb Posts: 38,604 ✭✭✭✭✭
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    avoid modern comms (especially gold) unless you collect them.

    Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat

  • jessewvu
    jessewvu Posts: 5,087 ✭✭✭✭✭
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    Do I have this logic down?

    A coin goes on sale
    Nobody likes it
    Nobody buys it
    It goes off sale
    It is low mintage because nobody liked it
    Everyone wants one because nobody liked it in the first place.

  • Martin
    Martin Posts: 999 ✭✭✭✭✭
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    @jessewvu said:
    Do I have this logic down?

    A coin goes on sale
    Nobody likes it
    Nobody buys it
    It goes off sale
    It is low mintage because nobody liked it
    Everyone wants one because nobody liked it in the first place.

    That sums it up pretty well

    Martin

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