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A lesson to all........What are U.S. Mints biggest winners and losers in % terms over last 20 years?
2manycoins2fewfunds
Posts: 3,034 ✭✭✭
Mint issue price vs. current value.........
Single coins or sets......such as ASE 2008-W with 07 reverse about 20X return vs Westward Journey nickel sets -90% loss
State quarter spoons come to mind............
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The 2001 Silver Buffaloes were a "Winner" Issue price compared to current value!
the 2006 reverse proof gold set was a winner with a issue price of 2,610, The 3-coin set included a burnished uncirculated gold eagle (the first time the "W" mint mark appears on an uncirculated gold eagle) - and the set also includes a proof gold eagle and of course the reverse proof gold eagle. my pcgs graded 70 set is worth close to 8,000. actually all the older gold offerings will be winners including first spouse gold coins due to the current high spot price of gold
2019 enhanced silver eagle, purchase price $65, typical eBay sale $900
2009 UHR
Indian Head $10 Gold Date Set Album
2008 W US gold (planchet shortage)
“The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.” - Satoshi Nakamoto
and the biggest price percentage gainer only cost a quarter
“The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.” - Satoshi Nakamoto
2019-S reverse proof silver eagle, far and away
One of those Palladium Eagles was also quite hot. Can’t remember which year...2017?
He who knows he has enough is rich.
1999 silver proof set did a bit better than the others.
How about the bi-metalic?
Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc
2013 First Spouse Bronze medal sets.
Original issue price: $16.95
Current Price: Roughly $200.
Losers?
All regular proof & mint sets.
BHNC #203
Interesting question. I was curious too, so I ran some numbers.
2000-W Library of Congress
27,445 units sold (1)
Issue Price = $425.00 (2)
PR69 Price = $1,085.00 (3)
PR70 Price = $1,200.00 (3)
Percent Change (a metric that ignores time):
Percent Change (PR69) = ($1,085-$425) / $425 * 100% = 155.29%
Percent Change (PR70) = ($1,200-$425) / $425 * 100% = 182.35%
C.A.G.R. (4) (a metric that considers time):
C.A.G.R. (PR69) = ($1,085/$425)^(1/20) - 1 = 4.80%
C.A.G.R. (PR70) = ($1,200/$425)^(1/20) - 1 = 5.33%
7,261 units sold (1)
Issue Price = $405.00 (2)
MS69 Price = $1,150.00 (3)
MS70 Price = $1,800.00 (3)
Percent Change (a metric that ignores time):
Percent Change (MS69) = ($1,150-$405) / $405 * 100% = 183.95%
Percent Change (MS70) = ($1,800-$405) / $405 * 100% = 344.44%
C.A.G.R. (4) (a metric that considers time):
C.A.G.R. (MS69) = ($1,150/$405)^(1/20) - 1 = 5.36%
C.A.G.R. (MS70) = ($1,800/$405)^(1/20) - 1 = 7.74%
Notes:
1 - https://www.usmint.gov/about/production-sales-figures/historical-commemorative-coin-sales/2000-library-of-congress
2 - https://en.wikipedia.org/wiki/Library_of_Congress_bimetallic_eagle
Assume purchase from U.S. Mint at “issue price” in CY2000.
3 - https://www.pcgs.com/prices/detail/modern-gold-commemorative/1647/most-active
PCGS “Price Guide” figure as of 08/31/20.
4 - https://www.investopedia.com/terms/c/cagr.asp
C.A.G.R. = Compound Annual Growth Rate
EV = PCGS “Price Guide” figure as of 08/31/20
BV = U.S. Mint “issue price” in CY2000
n = 20 years
I think the criteria, imho, should be based on "raw".
If it has to be a "70" to be ultra valuable, then that could even be said about other things.
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
Fractional Buff's from 2008? Don't have the prices from the Mint, but the 4 coin set proof and unc. are in the $6k range plus or minus.
These privy marked W quarters are for all 5 designs for 2020? I believe they've always released 5 per year.
There are winners?
As for value, I have no idea. As for merit, there are some that aren’t bad. This includes the original States quarter series. The Original Sac $1 design is nice. The 2009 UHR is OK. Some of the platinum reverses are good. I have little to no interest in the rest.
W quarters in 2019 and 2020, five coins each of the two years. Privy mark only on the 2020's. Only one national park quarter for 2021, remains to be seen if it will get a W.
“The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.” - Satoshi Nakamoto
I have been in on (in a small way) some of the biggest winners and losers. One big loser not mentioned here are some of the platinum coins purchased at the peak (2008) when platinum was at $2250. Its now at $925.
While on topic of winners and losers, how big would a 2021 Peace dollar and or Morgan dollar restrike be, commemorating 100 years. Maybe offer them in gold and silver, thoughts??