Best of the Mint 1916 Standing Liberty Quarter Dollar Gold Coin and Silver Medal Set
mbr33
Posts: 595 ✭✭✭✭
At the recent prices of gold, the second release in the Best of the Mint program would be priced at $1627.50. Mintage limits still unknown, but would you be interested at this price? Or, have too many acquired this one in 2016 when it was offered before (without a silver medal, of course).
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I got all 3 in 2016, 2 were 70s, the dime was 69. But I was working back then, and retired now.
I want to get the dime, quarter, and half this year, but the overall cost is making me choke.
If I miss out on any 1, it kind of sets me back and defeats the purpose, for me.
Budget is very tight for much more. I may be able to stretch it and get 1 of the 1-oz gold coins. At best I'll have to decide between the 1804 BoM $1 and the 1907 AGE. Leaning toward the 1907, but feel I'll have FOMO for the 1804.
I've also said this before, and it may not be a popular opinion, but I coulda done without the silver medals. They do nothing for me.
After this Thursday’s initial release, it will be interesting to see if plans change for some who might miss out on it. I know a small number who plan to try for all 5, but at approximately $17,000 grand to pull off that feat, that group has shrunk.
As far as the medals, you could sell them, as I know that some would be happy just to own the companion medals. Haven’t seen any presales of the first release being split up…..yet. Somebody will do it.
I also doubt the silver medal added any cost to the set.
All comments reflect the opinion of the author, even when irrefutably accurate.
This morning the Mint ATS number for the second in the BOM set has appeared. "ats": 10800,
I wonder if that's the limit or if that is like 14,000 minus ABPP.
All comments reflect the opinion of the author, even when irrefutably accurate.
I'm sure the number will change, but the BOM1 started at 20,000 and didn't drop down to take into account the ABPP until much closer to drop date.
From the added stock at this point..........
ats: 375
That's the dime - for anyone reading this
All comments reflect the opinion of the author, even when irrefutably accurate.
Some of this stuff can be tempting at first, but if you have been collecting for as long as I have, you learn that the modern stuff tends to “stack up” in your safe or safe deposit box and become a “so what?”
The mint issued a gold Standing Liberty Quarter in 2016. If you have that older one, why do you need the new one? I have neither. I do have a 1917 Type 1 quarter with a full head in MS-65 which I find more interesting for less money.
The only gold retro coin I have is the 2014 Kennedy Half Dollar. It is packaged impressively in a beautiful wooden box instead of the cheep cardboard the mint issues now. The reason, of course, is that some many people have to get everything certified so that they can get the most money for it. Not everything needs to be certified.
Why do I have the gold Kennedy? When I was in the 9th grade, that coin met a lot to me as something new as a collector. Call it nostalgia. I bought the Jackie Kennedy First Spouse gold coin too, which is also in a nice wooden box. They are a set which reminds me of a time when things seemed more optimistic before the Kennedy assassination. Then came Vietnam. Call my feelings a sort of lost youthful naïveté
I wasn’t alive when the 1916 quarter was introduced, so I have no emotional attraction to it.
I pretty much doubt any of us on this forum were alive then, Bill. But I do have all three 2016 gold coins plus the Kennedy. Kind regards, George
Buyers club participants now have a sour taste in their mouths from the Mercury Dime BOM set - being stood up for their agreed upon deals.
My response - oh well. You learned your lesson. Nothing comes without risk.
Better for the rest of us trying to get some of these sets without the "sneaker and toy" flippers in the game.
Ooooops!
😉
That aside, the recent drop on gold might help this second BOM release become more affordable to collectors who thought their only option would be the dime.
Hardly. The premiums are still around $900 per ounce. Gold going down a few hundred dollars doesn't do a lot for affordability. The quarter, half and full ounce versions won't come close to being "more affordable to collectors" than the tenth ounce, even if they are a little less expensive at $4,000 gold than at $4,500.
I like the 2016 and 2026 gold merc dimes and will get them in the Dansco with the actual Merc dimes.... will do the same with SLQ's and WLH...
Will adore them.
The premium scalp the Mint planned to collect from anyone wanting the set of 5 is still constant….i was thinking of the article from Coin News (I think) from months back that predicted what it would cost to own all the 2026 gold offerings, and what they felt the set would cost. This is a slight savings under their projections if the trend continues, but you are 100% correct in what you’re saying. The expected overpayment still remains at the same rate over spot.
Will they fit in the same Dansco? 16.5 mm diameter on the gold dimes vs 17.9 mm on classic Mercs.
Correct. I was just responding to you saying the price drop "might help this second BOM release become more affordable to collectors who thought their only option would be the dime."
The quarter is going to be ~2x the price of the dime, before any price drop. At current pricing, the price drop for the quarter would be from $1627.50 to $1590. Consequently, the nominal price drop is not going to change the dime being the only option for those for whom the dime is the only options.
https://www.usmint.gov/content/dam/usmint/shop/Pricing-Grid.pdf?
$4,300 to $4,349 gold spot:
Grid says $1,590 issue for the 250th BOM1916 24k 25c & Silver Ounce
Anyone who got regular shipping, or otherwise, does your order still say "processing" ?
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Edit: Posted to the wrong thread.
Oooo, wrong thread.
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That’s okay. We will be into this one before you know it.
I wasn't paying attention and missed the 2016 Mercury Dime, but got the gold SLQ & Walkers. I was thinking of skipping the BOMs, but then remembered those silver medals. And I'm a bit of a completist nut, so I'm aiming for all five coins. Fortunately for me, I have a cardboard box & street corner all mapped out to move into, after I pay for them!
2016 would have been the time to buy. Since you can’t have everything; I made the conscious financial decision to not buy one. I’m not interested, at these prices, nor am I interested in the silver medal.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
In 2016 the price for a gold SLQ was $485.00. That was September, 2016. What a difference a decade makes.
True. Who knows where it’ll be in 10 years!
I agree. But, I doubt it will increase 1000% as it did in the last decade but one just doesn’t know for sure…Anything is possible. 😉
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
Never know! Who woukd have thought over 5K in Jan or a DOW of 52K just a short while ago.
Other than the 2 million people that have been calling for $5000 gold since 2000?
Do you think anyone will pay $10,000 for a wedding ring? At $50,000 per ounce, demand will collapse.
All comments reflect the opinion of the author, even when irrefutably accurate.
Well, maybe 300%. The SLQ was a quarter ounce, right?
I'm part of the 348M people who have not been calling for $5K gold since 2000. Hats off to you geniuses!
50,000K per ounce? To me your post is incoherent. Perhaps if I were one of the 2M it would make sense to me.
Currently standing at 9200. 1,600 to ABPP?
If gold were to increase 1000% from here, which was the post that preceded the one I responded to, it would be at near $50,000 per ounce. Not very complicated if you read the whole thread.
All comments reflect the opinion of the author, even when irrefutably accurate.
I knew what you meant and agree with you. As I originally stated, it’s Very doubtful that Gold will be $50,000 in 10 years. That’s what it would be with another 1000% increase, as it did from 2016 to 2026. If that happens, the entire market dynamic will change. Most individuals will not be able to afford it. It will be only governments and corporations buying, holding and trading it.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
So this is a bullion set? No other value here?
buy it only if you like it
30K mintage limit for this one too.
I see they added a mintage limit. I'm sure a chunk of those will be on back order status once placed later in the day on drop day. This one shouldn't see a surge of buyer's club interest after the last debacle for them. Should be easier to obtain for those that want one.
Gold was around $1200-$1500 in 2016
2016 Topless Liberty 24k is $1,656 cash retail with OGP now. Mintage far higher than 30k
https://www.jmbullion.com/2016-1-4-oz-american-gold-standing-liberty-quarter-coin/
Current pricing grid with today's gold price makes this set $1565 (subject to change of course)
More like 1400 on ebay which is about 350 over melt
All comments reflect the opinion of the author, even when irrefutably accurate.
Your needlessly obnoxious post quoted only my post. Therefore, I took it as a response to my post, not some other comment in the thread. Not very complicated.
If you quote someone's post, the assumption is that you're replying to that post specifically. Assuming that someone has to read an entire thread to understand the reply makes no sense. Not very complicated.
I like the silver medal obverse.
.
Agreed. One of the nicest of the 5
Looks like a mic-drop pose. PEACE OUT!!!
I think it and the medal paired with the 1804 silver dollar are the nicest looking designs but I'm really bothered by the foot of Liberty on this medal. It looks like a right foot and I think it should be a left foot. Try standing in Liberty's pose and have your right foot pointed in the direction it's pointing as depicted on the obverse. It's nigh impossible.
This should be quite obvious to the naked eye when they made the giant plaster cast of the design. I'm surprised that no one at the mint pointed out this problem.