How rare are the 2013 Obama Inaugural medals?

brokecollector · April 14, 2018 10:11PM

Is there a source for the value of the medals? I can see that the bronze medal has been offered on Ebay, but there aren't any sales for the silver medal.

I know that the original price for the silver medal was $1200. There couldn't have been that many sales at that price. How would one estimate the current fair market value?

Is there a source for the actual mintage numbers? I wonder what the mintage was for the silver medal?

How many of you out there collect inaugural medals?

My collection currently starts with Eisenhower and ends with Obama. My aim is to collect the bronze and silver medals of each of these more modern presidents.

Coinstartled · April 14, 2018 10:36PM

Medalcraft may be able to help you with mintage information.

https://www.medalcraft.com/product-category/medalsandcoins/

Gluggo · April 14, 2018 10:57PM

Its there request a quote and you will get your answer

https://www.medalcraft.com/product/inaugural-medallion/

Zoins · April 14, 2018 10:58PM

Nice link @Coinstartled.

Here's a ncie quote from that page:

Medalcraft Mint is honored to have been selected to mint the official inaugural medallion for Presidents George W. Bush, Barack Obama and Donald J. Trump.

jmlanzaf · April 15, 2018 4:15AM

Assume about a $100 premium over bullion. The silver are scarcer than the bronze by a lot, but these inevitably end up in weak hands and supply outstrips demand. The initial sales are not primarily to medal collectors resulting in all kinds of "fans" buying them assuming they have a rare collectible. When they eventually hit the secondary market, there are more sellers than buyers.

Oddly, Obama is probably worth more than Eisenhower or Kennedy at the moment because the secondary market hasn't been saturated yet. But, don't expect the price to increase over time. The premium will erode over time.

In my humble - been burned before - experience.

BillJones · April 15, 2018 4:44AM

There have also been what I would call unwarranted high prices for Obama campaign buttons. Some of these pieces are "created rarities" where the production is said to be five to twenty pieces. Prices have reached a few hundred dollars. Remember that items are privately produced, and reported production could be higher. I would exercise caution when purchasing these collectibles.

ricko · April 15, 2018 5:15AM

Not my area of interest, though the recently shown Presidential Challenge coin is impressive. Cheers, RickO

brokecollector · April 15, 2018 6:01PM

There have been a couple of 2009 Obama silver medals sold on Ebay for around $400. Wouldn't the 2013 Obama silver medal rate a higher valuation as it is probably scarcer?

But, I guess that the collector base just isn't there for there to be any great amount of interest for the Obama inaugural medals.

ColonelJessup · April 16, 2018 5:26AM

@ricko said:
Not my area of interest, though the recently shown Presidential Challenge coin is impressive. Cheers, RickO

Not a coin. Campaign button

JBK · April 16, 2018 6:15AM

@brokecollector said:
There have been a couple of 2009 Obama silver medals sold on Ebay for around $400. Wouldn't the 2013 Obama silver medal rate a higher valuation as it is probably scarcer?

In theory value should work that way but it may not apply here. The buyers may or may not care what date it is. Not sure. The market is much thinner for inaugural medals than for coins.

TwoSides2aCoin · April 16, 2018 6:25AM

Rare as a steak in India, I suppose.

RogerB · April 16, 2018 8:21AM

Joe Levine in Clifton, VA can provide whatever information you want on inaugural medals.

I recall that all of the modern medals sell for little more than bullion or novelty prices. The market is better in Europe.

pocketpiececommems · April 16, 2018 11:02AM

They are very rare in my house

AUandAG · April 16, 2018 11:08AM

They will never be in my house either.

bob

Bodin · April 18, 2018 9:42AM

FINALLY, something I'm the expert in!
As I recall, the '13 Obama silver was sold for $1,250. That said, VERY few were struck to order. It is a scarce medal. I think I saw one on ebay sell for $1000 recently. If you see one for less than that, GRAB IT. This is one of those that Inaugural medal collectors will be chasing for decades in order to complete the silver medal set of Eisenhower - Current. That said, TRUMP, for whatever reason, broke from tradition and did not have an official Inaugural medal. I imagine this had more to do with lack of a team to handle inaugural niches and less to do with draining the swamp of selling goods to raise money to pay for Inaugural festivities.
I digress.
Mintage numbers for the last few presidents have been kept secret. I've spoken with Medalcraft, and couldn't get an answer regarding Obama.
The only thing I know is that the Obama '13 gold medal had less than 20 struck.
I know this because I have one of the last ones that was made and mine is serial #11

brokecollector · April 25, 2018 4:14PM

One went for $895!

https://www.ebay.com/itm/2013-LARGE-Silver-Official-Inaugural-Medal-President-Barack-Obama/263617388378?ssPageName=STRK:MEBIDX:IT&_trksid=p2060353.m1438.l2649

Paradisefound · April 25, 2018 4:23PM

Extinct in mine
@AUandAG
@pocketpiececommems said:
They are very rare in my house

Leroy · April 25, 2018 4:48PM

Be handy to level a table at Pizza Hut

coinpalice · April 25, 2018 5:05PM

I don't collect medals, actually-not many people do. there is a bronze and silver pair of 2013 Obama Inaugural medals on e bay that sold for 496.
https://www.ebay.com/itm/2009-LARGE-Silver-amp-Bronze-034-Official-034-Inaugural-Medals-President-Barack-Obama-/323207528889?hash=item4b40ab81b9:g:iswAAOSwvKha0UlT&nma=true&si=f4HZnFUFTojVenrWakzs3O7PKEs%3D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557

AUandAG · April 25, 2018 5:12PM

Sometimes having a unfilled hole is more satisfying than filling it. Looks like two in a row....maybe this is the end of them?

bob

brokecollector · April 25, 2018 5:26PM

The one that sold for $496 was the 2009 medal.

DIMEMAN · April 25, 2018 6:36PM

@pocketpiececommems said:
They are very rare in my house

There will NEVER be one of those in my house!

7Jaguars · April 26, 2018 5:14PM

Proud to have one in my house.

coinkat · April 26, 2018 5:45PM

I haven't followed these... Would be proud to own one though

Bodin · April 30, 2018 12:03AM

@coinpalice said:
I don't collect medals, actually-not many people do. there is a bronze and silver pair of 2013 Obama Inaugural medals on e bay that sold for 496.
https://www.ebay.com/itm/2009-LARGE-Silver-amp-Bronze-034-Official-034-Inaugural-Medals-President-Barack-Obama-/323207528889?hash=item4b40ab81b9:g:iswAAOSwvKha0UlT&nma=true&si=f4HZnFUFTojVenrWakzs3O7PKEs%3D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557

Those were the 2009 medals not the 2013

BillDugan1959 · April 30, 2018 12:18AM

My best guess is that NO 2013 Obama-Biden Inagural SILVER medal will trade at just $100 over melt, unless it is damaged or unless the seller is very unknowledgeable. It's too scarce and the second inauguration medal tradition of also portraying the Vice President serving a second term along with the President makes the thing a bit more desirable to the cognoscenti.

dtkk49a · April 30, 2018 1:12AM

From what I understand, these medals are not as rare as Obama's actual accomplishments while in office.

DIMEMAN · April 30, 2018 9:46AM

@dtkk49a said:
From what I understand, these medals are not as rare as Obama's actual accomplishments while in office.

Nothing is that rare!

AUandAG · April 30, 2018 10:09AM

The problem with his lack of accomplishments was the Constitution and he even admits this:
"Well, it turns out our Founders designed a system that makes it more difficult to bring about the change that I would like." BARRACK OBAMA

So, that being said I do think that the medals are scarce, pricey and likely to decline in value.

bob

HalfStrike · April 30, 2018 10:52AM

Usually political items like this are purchased right after an election when demand is high, then interest dwindles and so do the prices.

crazyhounddog · April 30, 2018 11:12AM

I seriously have NO interest of anything with this clowns name or picture on it.

coinkat · April 30, 2018 2:28PM

Seems you have your clowns confused...

DIMEMAN · April 30, 2018 8:14PM

@coinkat said:
Seems you have your clowns confused...

No....Joe has it right as rain!

oldgoldlover · April 30, 2018 9:20PM

Never heard anything about them in Texas nor do I want to.

You · April 30, 2018 10:03PM

Boy, after reading this thread I cannot wait for the conservative older generation of numismatists to fade out and be replaced.

Goldbully · April 30, 2018 10:18PM

@You said:
Boy, after reading this thread I cannot wait for the conservative older generation of numismatists to fade out and be replaced.

By what, young know it alls? LOL!!!

You · April 30, 2018 10:45PM

@Goldbully said:
By what, young know it alls? LOL!!!

Age does not equate to wisdom.

AUandAG · April 30, 2018 10:48PM

@You said:
Boy, after reading this thread I cannot wait for the conservative older generation of numismatists to fade out and be replaced.

nevermind

BillJones · May 1, 2018 3:13AM

I wonder why the Obama Inaugural Committee set the issue price so high on the silver medals? Normally the gold pieces are set at high levels, and the silver and bronze pieces were more reasonable.

JBK · May 1, 2018 7:10AM

Boy, after reading this thread I cannot wait for the conservative older generation of numismatists to fade out and be replaced.

The political turn of the thread was ominous enough (even if somewhat amusing at times), but I can only assume that "fade out" means "die", and it is disturbing that someone wishes death on fellow numismatists and forum members, all over a difference in political opinion.

If that is the way the up and coming generations think then we are done as a Nation and all those who sacrificed their lives defending it died in vain. Our enemies did that sort of thing to their own people and now there are people here urging the same thing.

asheland · May 1, 2018 8:52AM

@JBK said:

Boy, after reading this thread I cannot wait for the conservative older generation of numismatists to fade out and be replaced.

The political turn of the thread was ominous enough (even if somewhat amusing at times), but I can only assume that "fade out" means "die", and it is disturbing that someone wishes death on fellow numismatists and forum members, all over a difference in political opinion.

If that is the way the up and coming generations think then we are done as a Nation and all those who sacrificed their lives defending it died in vain. Our enemies did that sort of thing to their own people and now there are people here urging the same thing.

Very well said!

Aegis3 · May 1, 2018 7:54PM

@JBK said:

Boy, after reading this thread I cannot wait for the conservative older generation of numismatists to fade out and be replaced.

The political turn of the thread was ominous enough (even if somewhat amusing at times), but I can only assume that "fade out" means "die", and it is disturbing that someone wishes death on fellow numismatists and forum members, all over a difference in political opinion.

If that is the way the up and coming generations think then we are done as a Nation and all those who sacrificed their lives defending it died in vain. Our enemies did that sort of thing to their own people and now there are people here urging the same thing.

Oh Puh-f'ing-lease! "Fade Out" can really only be understood to die naturally, of/in old age. Nothing in there is wishing death upon others in any meaningful way and we all know it!

JBK · May 1, 2018 8:14PM

@Aegis3 said:

@JBK said:

Oh Puh-f'ing-lease! "Fade Out" can really only be understood to die naturally, of/in old age. Nothing in there is wishing death upon others in any meaningful way and we all know it!

Naturally or otherwise, that poster is very much looking forward to the death of people because of their political viewpoint. That is what he expressed very clearly, and your lame attempt to mitigate his hatred and intolerance doesn't change that.

jwitten · May 1, 2018 8:15PM

@Aegis3 said:

@JBK said:

Boy, after reading this thread I cannot wait for the conservative older generation of numismatists to fade out and be replaced.

The political turn of the thread was ominous enough (even if somewhat amusing at times), but I can only assume that "fade out" means "die", and it is disturbing that someone wishes death on fellow numismatists and forum members, all over a difference in political opinion.

If that is the way the up and coming generations think then we are done as a Nation and all those who sacrificed their lives defending it died in vain. Our enemies did that sort of thing to their own people and now there are people here urging the same thing.

Oh Puh-f'ing-lease! "Fade Out" can really only be understood to die naturally, of/in old age. Nothing in there is wishing death upon others in any meaningful way and we all know it!

He didn't say that the person was saying death in an un-natural way. He was just saying exactly what the person meant... he can't wait for old conservatives to die off. Pretty pathetic if you ask me, and I am in my younger 30's.

Aegis3 · May 1, 2018 8:55PM

@jwitten said:

He didn't say that the person was saying death in an un-natural way. He was just saying exactly what the person meant... he can't wait for old conservatives to die off. Pretty pathetic if you ask me, and I am in my younger 30's.

Got it. I'd say more but I'm so hungry I could eat a horse.

(And the only thing I see wrong is that there are way too many young people who are racist, sexist, classist, and the like to expect the lifetimes to make things better.)

7Jaguars · May 2, 2018 1:15PM

I'll vote for inclusiveness and not dividedness; draw your own conclusions if you like.

coinpro76 · May 2, 2018 1:49PM

@You said:
Boy, after reading this thread I cannot wait for the conservative older generation of numismatists to fade out and be replaced.

I believe that backwards way of thinking is exactly why Democrats won the election. Because Conservative opinion is "an older generation" "fading out" ... Right?

Your intolerance of opinions in an online forum clearly shows your level of maturity. Grow up.

slowtrain400 · February 25, 2021 11:43AM

Arriving a little late to the party, but have some answers. Medalcraft made 3025 bronze and 44 silver of this medal.

I published a price guide and book on inaugural medals recently and was in touch with Medalcraft. The book is up on Amazon and at Lori Ferber Presidential Collectibles, if interested in more information (“official inaugural medals: a guide”)

JBK · February 25, 2021 1:56PM

@slowtrain400 said:
Arriving a little late to the party, but have some answers. Medalcraft made 3025 bronze and 44 silver of this medal.

I published a price guide and book on inaugural medals recently and was in touch with Medalcraft. The book is up on Amazon and at Lori Ferber Presidential Collectibles, if interested in more information (“official inaugural medals: a guide”)

How about the bronze Biden medals? Only the silver is still available on his website.

Any idea on numbers for the Ohio Trump medal?

Kurisu · February 25, 2021 2:29PM

I'm actually very surprised at how most of the harshest opinions ignored that Mitch McConnel has spent the latter part of his career literally being the face of obstructionism to as many helpful things as possible for the entire country for much more than just the last 8 years...
It seems his favorite hobby is disliking human beings...all presidents aside.
If I were a betting person...Mitch is one of the least likely in history to end up on a medal.

I say that most especially as someone who has truly an exceptional number of cultures, creeds, beliefs, orientations, etc...represented in my immediate families in both America and other countries.

Keeping it about numismatics though...the Obama portrait is one of the more accurate ones I've seen...especially when compared to some of the absolutely hilarious portraits on the Presidential dollars series

How rare are the 2013 Obama Inaugural medals?

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