2018 Platinum Proof Coin - Preamble to the Declaration of Independence - Life (18EJ) (20K mintage)

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BackroadJunkie
BackroadJunkie Posts: 3,745 ✭✭✭✭✭
edited January 12, 2018 11:40AM in U.S. Coin Forum

The Mint has released the image of the 2018 Platinum Proof. It will go on sale on Jan 25, 2018 at noon.

Mintage Limit: 20,000
Product Limit: 20,000
Household Order Limit: 1

Price will be dependent on Platinum spot. If PM prices remain the same, the cost will be $1350 if platinum spot is $950-$999, $1400 if spot is between $1000 and $1049.

It will be the first of a three year "Preamble to the Declaration of Independence" series. (The 2019 coin will be labeled, "Liberty", and the 2020 coin, "Happiness".) All three years will have a common reverse.

2018 Platinum Proof Coin - Preamble to the Declaration of Independence - Life (18EJ)
(Still only a placeholder page.)

The Oct 23 press release:
United States Mint Announces New One Ounce Platinum Proof Coin Series

The mint sold 8,892 Plat Proofs in 2017

«1

Comments

  • BackroadJunkie
    BackroadJunkie Posts: 3,745 ✭✭✭✭✭
    edited January 30, 2018 2:42PM
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    Event history:

    Jan 12, 2018 - Mint publishes web page with mintage/product limits.

    Sales data:

    2018 Platinum Proof (18EJ)
    DateSoldIncreaseComment
    1/25/20184,420First day sales
    1/29/20187,5307,530
  • Justacommeman
    Justacommeman Posts: 22,852 ✭✭✭✭✭
    edited December 28, 2017 6:50PM
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    They might have been better served just using the 2017 palladium design as a jumping off point

    m

    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • jwitten
    jwitten Posts: 5,421 ✭✭✭✭✭
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    The rendering does not look as good as the black and white drawing... but I still like it. I MAY be in for one if the funds are available then.

  • MilesWaits
    MilesWaits Posts: 5,597 ✭✭✭✭✭
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    Ugh. Reminds me of a wooden ode to Woodstock. Spousal like in delivery.
    The eagle is OK, though. And Mark is right on.

    Now riding the swell in PM's and surf.
  • FullStrike
    FullStrike Posts: 4,353 ✭✭✭
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    I used to look forward to the Platinum issues. Now I'm mostly being bored.... by EVERYTHING the Mint is putting out.

    Where have all the talented Artists gone?

  • Bullsitter
    Bullsitter Posts: 6,298 ✭✭✭✭✭
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    Hmmmmm....a tree, a river, a mountain, mother and child, I'll pass.

  • ricko
    ricko Posts: 98,724 ✭✭✭✭✭
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    The designs do not appeal to me... That being said, at least there is no crass commercialism involved. I do not collect platinum or palladium... I have an old fashioned attachment to gold and silver ;) Cheers, RickO

  • FullStrike
    FullStrike Posts: 4,353 ✭✭✭
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    I think it's time to invite some ideas from the Pobjoy Mint. The US Mint has become an uninspiring collection of beltway swamp critters. Wasn't our great Leader supposed to be draining that swamp already? Perhaps outsourcing Coin design and production will be quicker than draining? One can only hope.

  • Paradisefound
    Paradisefound Posts: 8,623 ✭✭✭✭✭
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    Too much social message the coin is trying to convey.....; too "busy" for me IMHO
    I stay with my old silver & gold.

  • sarikanair
    sarikanair Posts: 154 ✭✭✭
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    That’s a lovely coin with an amazing design! Would surely love to add this well-struck coin to my collection.

  • Timbuk3
    Timbuk3 Posts: 11,658 ✭✭✭✭✭
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    Sweet, I like it !!! :)

    Timbuk3
  • DCW
    DCW Posts: 7,876 ✭✭✭✭✭
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    The whole thing just looks so Roman. Are those olive trees in the background?
    Reminds me of that scene in the movie "Gladiator." You know, when Russell Crowe's character dies and is reunited with his murdered wife and child?
    Count me out (again.)

    Dead Cat Waltz Exonumia
    "Coin collecting for outcasts..."

  • FullStrike
    FullStrike Posts: 4,353 ✭✭✭
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    Something about this Coin reminds me of the Ellis Island ATB Quarter. Same Artist? Same committee ? Something seems the same.

  • BackroadJunkie
    BackroadJunkie Posts: 3,745 ✭✭✭✭✭
    edited January 12, 2018 11:38AM
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    Mint's web page is up:

    Preamble to the Declaration of Independence 2018 Platinum Proof Coin - Life (18EJ)

    Mintage Limit: 20,000
    Product Limit: 20,000
    Household Order Limit: 1

    If their pricing remains the same for PM's in 2018, it will probably cost $1350 or $1400. Since Platinum has been moving up over the past few weeks, it will probably be $1400 if spot exceeds $1000 at the time of release...

    I think 20K is very, highly optimistic, even for the start of a three year series...

  • HalfStrike
    HalfStrike Posts: 2,202 ✭✭✭
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    At 20k I'm not touching this one.

  • tincup
    tincup Posts: 5,481 ✭✭✭✭✭
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    @FullStrike said:
    I think it's time to invite some ideas from the Pobjoy Mint. The US Mint has become an uninspiring collection of beltway swamp critters. Wasn't our great Leader supposed to be draining that swamp already? Perhaps outsourcing Coin design and production will be quicker than draining? One can only hope.

    I think the swamp drain has become hopelessly clogged.

    ----- kj
  • dcarr
    dcarr Posts: 10,259 ✭✭✭✭✭
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    She's got a sword.

  • tincup
    tincup Posts: 5,481 ✭✭✭✭✭
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    @dcarr said:
    She's got a sword.

    Now that is interesting. And kind of a mean look on her face. Wonder what that is meant to signify? LIFE... but don' mess with me!?

    ----- kj
  • Gluggo
    Gluggo Posts: 3,566 ✭✭✭✭✭
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    On the day of sale with this drop the price of the 2017 coins? There averaging $1800.00 for NON-PROOF Coins.

  • nurmaler
    nurmaler Posts: 1,201 ✭✭✭
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    $1,420 list price (vs. $1,020 spot)

    (last year's price grid would have been $1,400)

  • 1630Boston
    1630Boston Posts: 14,157 ✭✭✭✭✭
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    The sword is an interesting point :smile:

    Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb, Ricko

    Bad transactions with : nobody to date

  • LanLord
    LanLord Posts: 11,756 ✭✭✭✭✭
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    Let's start rumors about the fact that the belt buckle looks like a Euro sign!

    Maybe this indicates that the US Government intends to join the European Union and do away with dollars! ;)

  • MsMorrisine
    MsMorrisine Posts: 40,054 ✭✭✭✭✭
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    Event History
    January 26 household order limit lifted

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • cruisersk1
    cruisersk1 Posts: 190 ✭✭✭
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    WOW, with the lack of chatter this coin may end up rarer than a First Spouse Coin...

  • BillJones
    BillJones Posts: 35,935 ✭✭✭✭✭
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    Save your money and read the document. Stuff like this is why my type set is expanding very slowly with none these over priced collector flytraps included.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • BackroadJunkie
    BackroadJunkie Posts: 3,745 ✭✭✭✭✭
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    No one's going to admit they bought?

    Bueller? Bueller?

    :)

  • dmwest
    dmwest Posts: 959 ✭✭✭✭
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    What was up with the PCGS special label email and then pulling it shortly thereafter? Weird.

    Don't quote me on that.

  • BackroadJunkie
    BackroadJunkie Posts: 3,745 ✭✭✭✭✭
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    @dmwest said:
    What was up with the PCGS special label email and then pulling it shortly thereafter? Weird.

    Copyright issue?

    MarkStephenson had all three labels in a post this morning. They were a colorized version of the coin. They looked pretty nice. But the post was removed before I could ask if I could buy the label without the coin...

  • jwitten
    jwitten Posts: 5,421 ✭✭✭✭✭
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    I thought the colorized labels looked like cheap colorized coins. I figured that might be the feedback they were getting so they pulled them.

  • cruisersk1
    cruisersk1 Posts: 190 ✭✭✭
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    @BackroadJunkie said:
    No one's going to admit they bought?

    Bueller? Bueller?

    :)

    I got one. Missed the Palladium one so I went ahead and got one of these.

  • MilesWaits
    MilesWaits Posts: 5,597 ✭✭✭✭✭
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    Hurts my eyes but not my wallet.

    Now riding the swell in PM's and surf.
  • MACGE1
    MACGE1 Posts: 269 ✭✭✭
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    The household limits are off as expected.

  • FullStrike
    FullStrike Posts: 4,353 ✭✭✭
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    Household Limits lifted by the Mint, great !

    Total Ordering Ban imposed by my Household...... even better !

  • BackroadJunkie
    BackroadJunkie Posts: 3,745 ✭✭✭✭✭
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    Reported first day sales: 4,420.

    Well, I suppose it could be worse...

  • jmlanzaf
    jmlanzaf Posts: 43,052 ✭✭✭✭✭
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    @BackroadJunkie said:
    Reported first day sales: 4,420.

    Well, I suppose it could be worse...

    It can always be worse.

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • FullStrike
    FullStrike Posts: 4,353 ✭✭✭
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    From these numbers we can guess how big the special slabs scramble is. Also from returns we can guess what % of Mint Coins are non 70's.

  • dmwest
    dmwest Posts: 959 ✭✭✭✭
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    @BackroadJunkie said:

    @dmwest said:
    What was up with the PCGS special label email and then pulling it shortly thereafter? Weird.

    Copyright issue?

    MarkStephenson had all three labels in a post this morning. They were a colorized version of the coin. They looked pretty nice. But the post was removed before I could ask if I could buy the label without the coin...

    It looks like the Labels belonged to Bullion Exchanges....
    https://bullionexchanges.com/2018-w-1-oz-proof-platinum-american-eagle-life-pcgs-pf-70-first-strike-life-label

    Don't quote me on that.

  • TwoSides2aCoin
    TwoSides2aCoin Posts: 45,219 ✭✭✭✭✭
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    Like a new car, .... you lose 40% as soon as you drive off the lot.

  • MilesWaits
    MilesWaits Posts: 5,597 ✭✭✭✭✭
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    This design might be a Pontiac Aztek. Lot more than 40%.

    Now riding the swell in PM's and surf.
  • nurmaler
    nurmaler Posts: 1,201 ✭✭✭
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    7,530 sold thru Sunday. Still no clue why they doubled the mintage.

  • BackroadJunkie
    BackroadJunkie Posts: 3,745 ✭✭✭✭✭
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    This probably won't sell half its mintage...

    2018 Platinum Proof (18EJ)
    DateSoldIncreaseComment
    1/25/20184,420First day sales
    1/29/20187,5307,530
  • MilesWaits
    MilesWaits Posts: 5,597 ✭✭✭✭✭
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    Even in the event it does sell half it's mintage, you gotta figure out who you are going to sell this mutt to.... or are you ready to hold?
    For "beauty's" sake?
    My guess is that these numbers are largely supported by the dealers and the subsequent slabbing.

    Now riding the swell in PM's and surf.
  • jmlanzaf
    jmlanzaf Posts: 43,052 ✭✭✭✭✭
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    @MilesWaits said:
    This design might be a Pontiac Aztek. Lot more than 40%.

    Not unless platinum spot drops

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • Azurescens
    Azurescens Posts: 2,907 ✭✭✭✭✭
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    That eagle tho.. wow

  • derryb
    derryb Posts: 38,613 ✭✭✭✭✭
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    waiting for the palladium proof.

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

  • jmlanzaf
    jmlanzaf Posts: 43,052 ✭✭✭✭✭
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    I saw this coin in hand over the weekend. It looks MUCH MUCH better in person than the Mint line drawings. Very sharp, detailed features. Quite attractive actually.

    [I'm still not willing to pay the premium.]

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • MsMorrisine
    MsMorrisine Posts: 40,054 ✭✭✭✭✭
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    @MilesWaits said:
    Even in the event it does sell half it's mintage, you gotta figure out who you are going to sell this mutt to.... or are you ready to hold?
    For "beauty's" sake?
    My guess is that these numbers are largely supported by the dealers and the subsequent slabbing.

    and flip attempts by the green.

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • jwitten
    jwitten Posts: 5,421 ✭✭✭✭✭
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    I think I saw a short video of one of these on instagram, but would love to see a good picture of one if anyone has one. It seems sometimes the mint shoots itself in the foot by having terrible renditions of their coins. Why not post actual pictures? If someone like Daniel Carr can do it, they should be able to as well.

  • BackroadJunkie
    BackroadJunkie Posts: 3,745 ✭✭✭✭✭
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    CoinNews.net had a decent pic:

    Article here:
    coinnews.net: US Mint Sales: 2018 Proof Platinum Eagle Debuts

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