I'll probably get the silver medal (wish it was a dollar coin but whatever). I'm probably not going to get the gold. I might get the Wonder Woman version one day though.
@Onastone said:
My favorite Superman joke....The scene begins with an excited group of people standing outside pointing to the sky, mouths hanging open... "Look it's a BIRD! No, It's a Plane!" Just think about that for a second, why would a large group of people be so excited to see a bird? Have you ever seen people pointing to the sky saying, "Look at that...a bird!!!!"
I was hoping the punchline would have been something more like "crowd of people looking to the sky with mouths hanging open and someone saying "Look, it's a bird! No, It's a plane!" and then someone pointing to the person next to them with something white, that had just fallen from the sky, landing on their face/mouth and saying "yep...definitely a bird!"
@ambro51 said:
Pointless waste of effort. Joke coins? Who dreams this crap up?????
People who look at attendance figures at Comic-Cons, as opposed to coin shows, and people who look at sales results from world mints that have offered similar items in the past. That's who.
Anyone who doesn't get it simply isn't in the target demographic. Which is fine, and is why Baskin-Robbins has historically offered 31 flavors when traditionalists never saw a need for anything beyond vanilla and chocolate.
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I had a booth at a major "comic-con" event once. Lots of people, more than any coin show. But they were all just looking - mostly at each other (costumes). No buyers. I don't think that demographic has a lot of disposable income.
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I think you'd be surprised. Maybe not to buy what you were selling, but there is a ton of money in comics, and those folks travel all around the country, spending tons of money to attend those shows.
And, as you said, there are a lot of them. I happen to think the Mint is piggy selling (or trying to sell) tens of thousands of numismatic gold coins at around a $1,000 per ounce premium to historically high gold, so I just don't know what the market will be for those. But I suspect the silver medals will be popular, with the comic-con demographic as well as with whoever was buying from the foreign mints.
DC knows what it is doing with licensing. They wouldn't get involved if they thought it would tarnish their franchises in any way. Having these bomb would be a terrible look for them.
The Mint isn't taking a huge chance, based on what other mints have already done. The only wild card is the pricing, since the Mint will be seeking to sell many times what the foreign mints produced, at similar premiums, and at much higher spot metal prices.
They should stay away from silver if they don't want to tarnish their image.
Its Americana from a halcyon era. I think the Mint is somewhat obligated to enhance retailing especially in light of the money losing commitments they are forced to design and produce.
So why cede that marketplace to other countries/mints?
@MsMorrisine said:
50s era truck and passenger plane? perhaps they are making a statement but those two don't say hope and strength
The real Superman was George Reeves, star of "Adventures of Superman", the 1950's TV series. The '50s were a great time to be a kid.
It’s too bad they didn’t think of making a higher budget movie back then with the guys who wrote the scripts for the first season of “TheAdventuresofSuperman” providing the plot line. Phillis Coats was a better Lois Lane.
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 ... ?
@291fifth said:
With the current price of gold and the expected markup beyond bullion value I doubt if many of the gold coins will be sold.
The mint release states these will go on presale on the 24th, with a shipping date in the fall. Best way to play this one is to order day 1, and then cancel if they’re a flop before shipping?
Seems like you’ll get 2 free months to see what the market decides and if they’ll sell out
@291fifth said:
With the current price of gold and the expected markup beyond bullion value I doubt if many of the gold coins will be sold.
The mint release states these will go on presale on the 24th, with a shipping date in the fall. Best way to play this one is to order day 1, and then cancel if they’re a flop before shipping?
Seems like you’ll get 2 free months to see what the market decides and if they’ll sell out
Maybe. But what are you really going to be waiting for here? Nothing to see with the 1 oz silver. It's going to be made in unlimited quantities whether or not there is a ton of demand on Day One.
As for the gold, the price is going to be through the roof, even for a relatively low mintage. Given that it's going to be priced at around $5400 per ounce of gold, where is the upside, even if it sells out? Buy it if you want to keep it.
Not because you want to try to flip it for a few hundred dollars in profit. It probably won't be there. But, if you want to teach the Mint a lesson about the dangers of pre-sales with long delivery windows, be my guest.
As for the 2.5 ounce silver, I happen to think they will be winners. At least initially. If they later flame out, it probably won't be until after they ship.
If the silver medals were a coin, then I could easily justify the 2 1/2 ounce at 25k mintage being a huge winner. I could see many buying those and doing the entire set.
But since they are medals and not coins, that may drop the number of people who will go all in on these.
However, for the price of one gold superman coin, you can have the entire set of 2 1/2 silver medals. I would bet the silver medal set at 2 1/2 ounce would be an easier sell than the one ounce small gold coin.
@HalfDime said:
If the silver medals were a coin, then I could easily justify the 2 1/2 ounce at 25k mintage being a huge winner. I could see many buying those and doing the entire set.
But since they are medals and not coins, that may drop the number of people who will go all in on these.
However, for the price of one gold superman coin, you can have the entire set of 2 1/2 silver medals. I would bet the silver medal set at 2 1/2 ounce would be an easier sell than the one ounce small gold coin.
@HalfDime said:
If the silver medals were a coin, then I could easily justify the 2 1/2 ounce at 25k mintage being a huge winner. I could see many buying those and doing the entire set.
But since they are medals and not coins, that may drop the number of people who will go all in on these.
However, for the price of one gold superman coin, you can have the entire set of 2 1/2 silver medals. I would bet the silver medal set at 2 1/2 ounce would be an easier sell than the one ounce small gold coin.
That's a popular opinion in this forum, but has not held, AT ALL, for the FH silver medal. So I think it's a myth. The medals are not coins, and the 25K medals are still going to be winners.
No one spends these things. So while people here seem to like their expensive trinkets to be monetized, most of the rest of the people who buy an ounce of silver from the Mint for $100+ don't care whether or not it says $1 on it. Believe me, the Mint would love to accommodate us. But Congress has not given them the authority, unlike gold coins, for whatever reason, so this is where we find ourselves. Not one who wants the silver versions is going to take a pass because they don't have a denomination on them.
Huge or not remains TBD. But, given that the gold is going to be out of reach for many, and far too overpriced for many others who will be able to afford it, but will take a pass anyway, the 25K medals are going to be the go-to for anyone who has any interest in these, but won't have interest in the $135 one ounce version with no mintage limit.
@HalfDime said:
If the silver medals were a coin, then I could easily justify the 2 1/2 ounce at 25k mintage being a huge winner. I could see many buying those and doing the entire set.
But since they are medals and not coins, that may drop the number of people who will go all in on these.
However, for the price of one gold superman coin, you can have the entire set of 2 1/2 silver medals. I would bet the silver medal set at 2 1/2 ounce would be an easier sell than the one ounce small gold coin.
The gold coin is a half oz., not one oz.
Right. But it's going to be priced as though it is almost an ounce. At $2600-2700, @HalfDime is correct that one will be able to buy 9 2.5 ounce medals for less than the cost of a single half ounce gold coin. Unless the price of gold tanks, by over $1,000 per ounce, and they don't drop the price of the silver medals.
@HalfDime said:
If the silver medals were a coin, then I could easily justify the 2 1/2 ounce at 25k mintage being a huge winner. I could see many buying those and doing the entire set.
But since they are medals and not coins, that may drop the number of people who will go all in on these.
However, for the price of one gold superman coin, you can have the entire set of 2 1/2 silver medals. I would bet the silver medal set at 2 1/2 ounce would be an easier sell than the one ounce small gold coin.
The gold coin is a half oz., not one oz.
Right. But it's going to be priced as though it is almost an ounce. At $2600-2700, @HalfDime is correct that one will be able to buy 9 2.5 ounce medals for less than the cost of a single half ounce gold coin. Unless the price of gold tanks, by over $1,000 per ounce, and they don't drop the price of the silver medals.
The half oz is reachable by many more people than a full ounce coin no matter what it ends up pricing at. I see a quick sellout on the gold and 2 1/2 silver. Nobody really knows what will happen until it goes on sale. Superman is very popular with many age groups.
@HalfDime said:
If the silver medals were a coin, then I could easily justify the 2 1/2 ounce at 25k mintage being a huge winner. I could see many buying those and doing the entire set.
But since they are medals and not coins, that may drop the number of people who will go all in on these.
However, for the price of one gold superman coin, you can have the entire set of 2 1/2 silver medals. I would bet the silver medal set at 2 1/2 ounce would be an easier sell than the one ounce small gold coin.
The gold coin is a half oz., not one oz.
Right. But it's going to be priced as though it is almost an ounce. At $2600-2700, @HalfDime is correct that one will be able to buy 9 2.5 ounce medals for less than the cost of a single half ounce gold coin. Unless the price of gold tanks, by over $1,000 per ounce, and they don't drop the price of the silver medals.
The half oz is reachable by many more people than a full ounce coin no matter what it ends up pricing at. I see a quick sellout on the gold and 2 1/2 silver. Nobody really knows what will happen until it goes on sale. Superman is very popular with many age groups.
Of course no one knows for sure. And, of course, a half ounce will always be more affordable than a full ounce. But it really wasn't that long ago that you could get a full ounce numismatic coin from the Mint for far less than $2,000.
$2,700 for a half ounce is crazy when a full ounce bullion coin can be bought for $3,400. So sure, it's "reachable." But I was interested at $2,200, and I can assure you I won't be "reaching" at $2,700.
Maybe I'm a bellwether. Maybe I'm an outlier. But, based on where FH gold coins are trading at, there will be little to no upside to these at the price and mintage being offered.
Many traditionalists are already disgusted by the prospect of the Mint becoming the Franklin Mint, and following in the footsteps of the Perth Mint and Royal Canadian Mint, by getting involved in things like this.
So sure, Superman is popular. TBD whether popular enough to support $2,700 commemorative coins containing $1,700 worth of gold, with a mintage of "only" 10K, if the numismatic community has no interest. And, with no upside, most collectors will pass.
If these turn out like First Spouse coins, which were very popular in their day, with far lower mintages and some very popular subjects, gold will need to surpass $5,000 per ounce for people to just break even on these. $2,700 might be "reachable" for more than 10,000 people in the world, but it's still a lot of money to tie up in an asset that generates no income, and only has $1,700 of intrinsic value, if it does not have a reasonable prospect of having more than $2,700 in numismatic value.
While the Mint is often guilty of leaving too much on the table for us, in terms of numismatic value, they seem to be squeezing this for all it's worth. And then some. So, while the design is attractive, the subject popular, and the mintage reasonable, the price is outrageous. Leaving no upside, and very likely dampening interest.
The TV guys will be all over this, because they'll have them slabbed and offer them for $4,995. Then, if they don't sell at that price, $3,995. Then, if they don't sell at that price, $2,995. No matter what, they'll be fine.
Doesn't mean any of us won't be buried at $2,700. Unless we have our own TV networks we can sell them through.
Because the dealer bid will be $2,700, until they are done marketing them. Then it will be whatever, but likely not more than a small premium to spot. Where are the First Spouse coins bid today? Even the tough to get, very popular at the time Liberty ones?
Comments
I'll probably get the silver medal (wish it was a dollar coin but whatever). I'm probably not going to get the gold. I might get the Wonder Woman version one day though.
I was hoping the punchline would have been something more like "crowd of people looking to the sky with mouths hanging open and someone saying "Look, it's a bird! No, It's a plane!" and then someone pointing to the person next to them with something white, that had just fallen from the sky, landing on their face/mouth and saying "yep...definitely a bird!"
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
I'm surprised these aren't colorized.
They should stay away from silver if they don't want to tarnish their image.
His leg on the reverse appears to be in an awkward position. His foot should be flat on the ground or on the first rail. IMO
USAF veteran 1984-2005
Its Americana from a halcyon era. I think the Mint is somewhat obligated to enhance retailing especially in light of the money losing commitments they are forced to design and produce.
So why cede that marketplace to other countries/mints?
Not surprising, and it is an attractive design.
no phone booth??
It’s too bad they didn’t think of making a higher budget movie back then with the guys who wrote the scripts for the first season of “The Adventures of Superman” providing the plot line. Phillis Coats was a better Lois Lane.
USN & USAF retired 1971-1993
Successful Transactions with more than 100 Members
Here's the grid provided by the mint...
I’d rather have a Superbird:
The mint release states these will go on presale on the 24th, with a shipping date in the fall. Best way to play this one is to order day 1, and then cancel if they’re a flop before shipping?
Seems like you’ll get 2 free months to see what the market decides and if they’ll sell out
I guess this is why The Adventures of Superman has replace Kolchak the monster killer late nights Saturday on ME TV. james
Maybe. But what are you really going to be waiting for here? Nothing to see with the 1 oz silver. It's going to be made in unlimited quantities whether or not there is a ton of demand on Day One.
As for the gold, the price is going to be through the roof, even for a relatively low mintage. Given that it's going to be priced at around $5400 per ounce of gold, where is the upside, even if it sells out? Buy it if you want to keep it.
Not because you want to try to flip it for a few hundred dollars in profit. It probably won't be there. But, if you want to teach the Mint a lesson about the dangers of pre-sales with long delivery windows, be my guest.
As for the 2.5 ounce silver, I happen to think they will be winners. At least initially. If they later flame out, it probably won't be until after they ship.
If the silver medals were a coin, then I could easily justify the 2 1/2 ounce at 25k mintage being a huge winner. I could see many buying those and doing the entire set.
But since they are medals and not coins, that may drop the number of people who will go all in on these.
However, for the price of one gold superman coin, you can have the entire set of 2 1/2 silver medals. I would bet the silver medal set at 2 1/2 ounce would be an easier sell than the one ounce small gold coin.
The gold coin is a half oz., not one oz.
That's a popular opinion in this forum, but has not held, AT ALL, for the FH silver medal. So I think it's a myth. The medals are not coins, and the 25K medals are still going to be winners.
No one spends these things. So while people here seem to like their expensive trinkets to be monetized, most of the rest of the people who buy an ounce of silver from the Mint for $100+ don't care whether or not it says $1 on it. Believe me, the Mint would love to accommodate us. But Congress has not given them the authority, unlike gold coins, for whatever reason, so this is where we find ourselves. Not one who wants the silver versions is going to take a pass because they don't have a denomination on them.
Huge or not remains TBD. But, given that the gold is going to be out of reach for many, and far too overpriced for many others who will be able to afford it, but will take a pass anyway, the 25K medals are going to be the go-to for anyone who has any interest in these, but won't have interest in the $135 one ounce version with no mintage limit.
Right. But it's going to be priced as though it is almost an ounce. At $2600-2700, @HalfDime is correct that one will be able to buy 9 2.5 ounce medals for less than the cost of a single half ounce gold coin. Unless the price of gold tanks, by over $1,000 per ounce, and they don't drop the price of the silver medals.
The half oz is reachable by many more people than a full ounce coin no matter what it ends up pricing at. I see a quick sellout on the gold and 2 1/2 silver. Nobody really knows what will happen until it goes on sale. Superman is very popular with many age groups.
I would have liked for the mint to make 1 oz. silver medals.
They are
Oh, I must have missed that
Of course no one knows for sure. And, of course, a half ounce will always be more affordable than a full ounce. But it really wasn't that long ago that you could get a full ounce numismatic coin from the Mint for far less than $2,000.
$2,700 for a half ounce is crazy when a full ounce bullion coin can be bought for $3,400. So sure, it's "reachable." But I was interested at $2,200, and I can assure you I won't be "reaching" at $2,700.
Maybe I'm a bellwether. Maybe I'm an outlier. But, based on where FH gold coins are trading at, there will be little to no upside to these at the price and mintage being offered.
Many traditionalists are already disgusted by the prospect of the Mint becoming the Franklin Mint, and following in the footsteps of the Perth Mint and Royal Canadian Mint, by getting involved in things like this.
So sure, Superman is popular. TBD whether popular enough to support $2,700 commemorative coins containing $1,700 worth of gold, with a mintage of "only" 10K, if the numismatic community has no interest. And, with no upside, most collectors will pass.
If these turn out like First Spouse coins, which were very popular in their day, with far lower mintages and some very popular subjects, gold will need to surpass $5,000 per ounce for people to just break even on these. $2,700 might be "reachable" for more than 10,000 people in the world, but it's still a lot of money to tie up in an asset that generates no income, and only has $1,700 of intrinsic value, if it does not have a reasonable prospect of having more than $2,700 in numismatic value.
While the Mint is often guilty of leaving too much on the table for us, in terms of numismatic value, they seem to be squeezing this for all it's worth. And then some. So, while the design is attractive, the subject popular, and the mintage reasonable, the price is outrageous. Leaving no upside, and very likely dampening interest.
The TV guys will be all over this, because they'll have them slabbed and offer them for $4,995. Then, if they don't sell at that price, $3,995. Then, if they don't sell at that price, $2,995. No matter what, they'll be fine.
Doesn't mean any of us won't be buried at $2,700. Unless we have our own TV networks we can sell them through.
Because the dealer bid will be $2,700, until they are done marketing them. Then it will be whatever, but likely not more than a small premium to spot. Where are the First Spouse coins bid today? Even the tough to get, very popular at the time Liberty ones?
1 Gold Superman coin $2700
9 Silver 2 1/2 ounce Medals $2475 (complete set)
Way more bang for the buck for silver set. The 2 1/2 silver medals are much larger and the characters are easier to see.
9 gold coin in complete set is $24,300. Few will go all in.
The Mint press release says the COAs for the gold and 2.5-ounce silver medals will be numbered.
Just like the foreign mints do. Wow! Very exciting! I'd expect nothing for what these are going to cost. 😀
Now me, I'm visualizing a "L'il Hotstuff" Remember the comic book character and the knuckleheads who got that tattoo. Peace Roy
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The new Superman movie was just released and may spark some interest in these...