What do you folks think about the 230th year Marine Corp commem.?

razorface1027 · July 20, 2005 5:28AM

Opinions?

Tom

BillJones · July 20, 2005 6:59AM

I don't think that it will amount to much so long as it is available from the mint. I admire the Marine Corp, but what is it with a 230th anniversary? That is not a number that is often selected for a celebration. It's a bit like the 38th anniversary coins for the Korean War. OK, the 38th parallel is where the parties drew the line in the sand to suspend the conflict, but in as for anniversaries, that number does not mean anything.

My guess is if the sales are disappointing, the coin might have a decent after issue market value, but chances are the number sold will be just enough to make it an item that collectors will be able to buy for less than the issue price a couple years from now.

LucyBop · July 20, 2005 7:04AM

i think this one is headed for a quick sellout and will be a runaway success!

dbldie55 · July 20, 2005 7:07AM

It has wiped out the Mint's website today. I will try to pick one up at the ANA because I like the looks of it, not because I think it will become valuable or anything. (if not, my dealer ordered them today, and it took quite a bit of time to go through).

pf70collector · July 20, 2005 7:11AM

Bought the proof(only ones I collect) and for the first time the uncirculated one too.

Robgetty · July 20, 2005 7:16AM

Who cares about the Marine Corps?

LCDR Robert Getty, United States Navy

Weiss · July 20, 2005 7:20AM

600,000 maximum mintage seems awfully big. Wish they'd limited it to maybe 200,000.

By comparison, the 1994 world cup in proof had a mintage of 576k and it's worth about $35 even when certified PCGS MS69.

The 2002 West Point had a mintage of only 282k (potentially less than 1/2 of the Marine). And it's selling for $25 all day on eBay, maybe $40 certified MS69.

razorface1027 · July 20, 2005 7:25AM

i think this one is headed for a quick sellout and will be a runaway success!

I too, was thinking the same thing.

Tom

ttown · July 20, 2005 7:28AM

I brought 1 proof and 1 unc/stamp set. I think this coins looks great. If your going by total mintages it may not be special but it's a high interest coin of the armed forces and a great icon unlike the world cup and boring west point coin IMO. Demand is what makes a coin go up not just how many are minted.

LucyBop · July 20, 2005 7:29AM

<< 600,000 maximum mintage seems awfully big. Wish they'd limited it to maybe 200,000.

By comparison, the 1994 world cup in proof had a mintage of 576k and it's worth about $35 even when certified PCGS MS69.

The 2002 West Point had a mintage of only 282k (potentially less than 1/2 of the Marine). And it's selling for $25 all day on eBay, maybe $40 certified MS69. >>

the Marine coin will be far and away more popular then these issues...

Cladiator · July 20, 2005 7:30AM

I don't know about future values but the coin sure is one hell of a good looking piece of work.

Cladiator · July 20, 2005 7:33AM

It says it's backordered until Oct., does that mean the bill won't hit my card until October or will it go through soon?

dbldie55 · July 20, 2005 7:35AM

<< 600,000 maximum mintage seems awfully big. Wish they'd limited it to maybe 200,000.

By comparison, the 1994 world cup in proof had a mintage of 576k and it's worth about $35 even when certified PCGS MS69.

The 2002 West Point had a mintage of only 282k (potentially less than 1/2 of the Marine). And it's selling for $25 all day on eBay, maybe $40 certified MS69. >>

The buffalo dollar is still worth well over the West Point, and had a much higher mintage. Demand is the key (not the mintage).

Dukie101 · July 20, 2005 7:39AM

i think this one is headed for a quick sellout and will be a runaway success!

Lucy is right on

LucyBop · July 20, 2005 7:40AM

You gotta figure, alot of Marines, past, present and future, will want this issue as they become aware of it...

A Marine is a Marine for life!

OhhhhhhhhhhRAAAAAAAAAAAAAAAAAAH!

That on top of collector interest.......

This one will Sizzle!

And those cats look mighty fine in those Dress Blues!

razorface1027 · July 20, 2005 7:41AM

Oh well, i just ordered a proof issue. Hell, it's my birthday the month of release so I treated myself. If I don't do it, nobody in my family will.

Tom

dpoole · July 20, 2005 7:43AM

I remember similar comments were made about the West Point Commem, Lucy. All those Army guys out there...

Still and all, I got me two Proofs and Uncircs, and one of the prestige set thingys. I like 'em!

LucyBop · July 20, 2005 7:47AM

<< I remember similar comments were made about the West Point Commem, Lucy. All those Army guys out there...

Still and all, I got me two Proofs and Uncircs, and one of the prestige set thingys. I like 'em! >>

well, the Marines will show up the Army.....

Jarheads unite!

TommyB · July 20, 2005 7:59AM

I think they are going to be popular and sell out fairly quickly. I ordered 20 Proofs in case.

CoinHusker · July 20, 2005 8:14AM

2 words to predict this commems future ...

...milk spots.

Until the Mint can figure out what causes milk spotting on modern silver, spots are possibly in all of their futures. Which is really too bad because there have been some real nice designs and themes.

Jcarney · July 20, 2005 8:25AM

<< the Marine coin will be far and away more popular then these issues... >>

I think you may be right. My father is an ex Marine Corp Seargent. I intend to buy him a proof and maybe a couple for myself. Once a jarhead, always a jarhead.

ROBERTB · July 20, 2005 8:55AM

I think this piece will go the way of the Buffalo dollars. It will sell out unlike the West Point commems because this coin is not rank specific. Honestly, I doubt too many enlisted army guys were running to get coins commemorating the origin of their officers.

All marines and their families probably would want one and a whole lotta collectors too. Just my analysis.

I bought two of each.

FullStrike · July 20, 2005 9:25AM

<< i think this one is headed for a quick sellout and will be a runaway success! >>

I totally agree with this opinion also. BUT it's a question of success for whom? Collectors? Yes, those who miss out on buying from the mint will be able to pick one up in the bargain boxes for years to come.

As for the mint, they seem to have speculators eager to eat up anything and everything that they put out these days. Good for them - it probably helps out the economy to convert excess cash into small lumps of silver - helps curb inflation.

As for me, I think I'll pass on this fantastic oportunity - I was in the Army Airborne.

granpagraf · July 20, 2005 9:42AM

You hit the nail right on the head!!
Once a Marine, Always a Marine!!
I am an Ex Marine and i think this is a great cion to own. Maybe only to the right people who are Marine Corps Vets like Me!!
Get Yours While You Can!!
The marines did a lot for us during WWII and in Nam!!
Semper Fi!!

CardsFan · July 20, 2005 9:53AM

<< It says it's backordered until Oct., does that mean the bill won't hit my card until October or will it go through soon? >>

It won't bill until then at least has been my experience.

I only got one of the proof and 2 prestige (one to keep, one to hopefully sell), thinking about going back to get the single uncirc. though.

JimC · July 20, 2005 9:59AM

I could not get through the web page, contacted US Mint direct and after 30 ++ minutes I picked up 5 each. Only ordered the coins since I am a Retired Marine (MSGT) and like the coin design. Further I will be donating to a good cause (The Marine Corps History).

jim
SemperFi

FullStrike · July 20, 2005 9:59AM

<< well, the Marines will show up the Army.....
Jarheads unite! >>

Good one Bop !

And with all the darned Coins that will be out there all the ex-jarheads will be able to unscrew their *censored* and fill em up with silver.

Maybe the Mint needs to put out 20,000,000 of these things. There's a lot of jars out there.

Dukie101 · July 20, 2005 10:05AM

It will be as popular as the Buffalo Dollar or maybe even more so.

Note for all you "jarheads" there are no "Ex-Marines"

I know that and you should too.

LucyBop · July 20, 2005 10:16AM

<< 

<< well, the Marines will show up the Army.....
Jarheads unite! >>

Good one Bop !

And with all the darned Coins that will be out there all the ex-jarheads will be able to unscrew their *censored* and fill em up with silver.

Maybe the Mint needs to put out 20,000,000 of these things. There's a lot of jars out there.

>>

This is exactly why a sellout should occur, because of the huge number of Marines, past ones, current ones, and future Marines...

FullStrike · July 20, 2005 10:21AM

OK, I just visited the Mint website to take a look at that Marine Commemorative - never bothered before cause I was so turned off by the 600,000 mintage. Anyway, and this is comming from an Army guy, that's one damned fine looking Coin! I can see why the Mint raised the limit now.

Now I have to decide if I want to order from the website or try to pick off a pre-slabbed MS69 out of debay at what I hope will be a bargain price.

Decisions. Decisions.

renman95 · July 20, 2005 12:44PM

I bought the coin and stamp version. I think it and some other versions will sell out. Lt. General Christmas will 'encourage' all Marines to buy one. As a former world-famous-Marine-Corps-fighter-pilot, we were 'encouraged' to pay extra dues to keep the local O' Club afloat...I've seen this movie before. I can hear it now, "this one's for the Corps museum." As for the 'prestige' set, too expensive and terrible compilation...which means a low mintage and future gains like the mid-90's sets.
ren

Longacre · July 20, 2005 1:04PM

It's a nice design, but I am not making any special effort to buy one. If I get around to it, I probably will. But I am not knocking down the mint's door.

bigbadchad777 · July 20, 2005 1:10PM

They look better than some of the other commems!
I just bought 6.
Backordered 10/20/05.

bigbadchad777 · July 20, 2005 1:13PM

<< It says it's backordered until Oct., does that mean the bill won't hit my card until October or will it go through soon? >>

Not supposed to bill you until shipped.

obleft · July 20, 2005 1:36PM

600,000 doesn't seem like alot to me. I'll be the first to admit, I don't know much about coins but I bought 5 proofs.

RayJay · July 20, 2005 1:51PM

I think there will be 600,000 milk spotted coins in peoples hands.
Anyone think about what they will do when the spots show up???

dbldie55 · July 20, 2005 1:51PM

<< I think there will be 600,000 milk spotted coins in peoples hands.
Anyone think about what they will do when the spots show up??? >>

Same thing I will do when the spots show up on my older commems.

Mrpawn · July 20, 2005 2:03PM

Just bought some to give to my Eagle Scouts that are now Marines

A few because I like the coin

And a few on pure speculation

Orion · July 20, 2005 2:58PM

IMO, the US Marines coin is the best design in a silver dollar since the buffalo dollar in 2001. It will be a hit, I'm sure. There is something about that image of the Marines raising that flag on that bleak volcanic island of Iwo Jima during WW II - a timeless, heroic image. It will be a very popular coin, a winner.

John

BillJones · July 22, 2005 12:57AM

<< 2 words to predict this commems future ...

...milk spots.

Until the Mint can figure out what causes milk spotting on modern silver, spots are possibly in all of their futures. Which is really too bad because there have been some real nice designs and themes.

>>

Please don't obsess too much over milk spots. Form what I've seen the most milk spot prone coins are often in slabs. It's been my experience that coins in the mint holders might tarnish or tone a little over 10+ years, but that would not stop me from collecting them.

wjd283 · July 22, 2005 1:59AM

I like it.I think it will sell out quick and double in price on ebay within a couple of months.

DoubleDime · July 23, 2005 1:23PM

I served 9 years and ordered both a Proof and Unc. coin.
This was actually the second flag raising, a larger flag to replace the small one that was first put up.

Mercury · July 24, 2005 1:52PM

OK, I know I'm late in joining this conversation. I have been on vacation for the past 10 days. I normally order my coins from the mint from the web site. However, the Marine coin, is a whole other story. I am an office manager for a company with 4 salesmen and a little over two hundred clients. One day it water cooler talk with the sales manager and company owner I mention the Marine Core Comm. bacause I know the sales manager is an ex-marine. Next thing I know I am agreeing to order a dozen proof coins not only for the sales manager, but ex-marine friends, and the owners wants one and then they start thinking of every client who was ex-marine and " Oh that whould be a cool gift... etc." Well, I was going to order one proof and one Unc. for myself and I was thinking mabye a American Legacy Set. I ended up ordering almost $700.00 of Marine coins. I will be reimbursed for most of it but, these coins are also going to people who do not collect coins, which I think will hapen to a large number of these coins, which in my mind will only help the price in the long run. Anyway, since the release date was in the middle of my vacation, I end up spending 30 mins on my cell phone at Disney World with one finger shoved in my ear trying to hear the US mint customer service lady, while trying to order the coins. I sure hope they end up being worth more than I paid, because this is thie first time anyone in my office has expressed any intrest in my 'coin collection thing'. And, because they were excited I did order extras to sell, thinking if these guys are intrested then surely there would be more.

LucyBop · July 24, 2005 2:01PM

<< OK, I know I'm late in joining this conversation. I have been on vacation for the past 10 days. I normally order my coins from the mint from the web site. However, the Marine coin, is a whole other story. I am an office manager for a company with 4 salesmen and a little over two hundred clients. One day it water cooler talk with the sales manager and company owner I mention the Marine Core Comm. bacause I know the sales manager is an ex-marine. Next thing I know I am agreeing to order a dozen proof coins not only for the sales manager, but ex-marine friends, and the owners wants one and then they start thinking of every client who was ex-marine and " Oh that whould be a cool gift... etc." Well, I was going to order one proof and one Unc. for myself and I was thinking mabye a American Legacy Set. I ended up ordering almost $700.00 of Marine coins. I will be reimbursed for most of it but, these coins are also going to people who do not collect coins, which I think will hapen to a large number of these coins, which in my mind will only help the price in the long run. Anyway, since the release date was in the middle of my vacation, I end up spending 30 mins on my cell phone at Disney World with one finger shoved in my ear trying to hear the US mint customer service lady, while trying to order the coins. I sure hope they end up being worth more than I paid, because this is thie first time anyone in my office has expressed any intrest in my 'coin collection thing'. And, because they were excited I did order extras to sell, thinking if these guys are intrested then surely there would be more. >>

excellent post!

Mercury · July 24, 2005 2:07PM

Thank You, Hep Cat.

Wekar · July 24, 2005 2:28PM

<< excellent post! >>

This kind of story makes me think they will be a runaway success and double on eBay. Not sure if I'm ready to put my money where my mouth (fingers) are though, I haven't even sold on eBay yet.

I have a similar evolving story about the nine planet S$1's + $50 sun gold slug coming soon... I'm an Astronomy nerd, and on two Astro message boards I've seen people discuss this set already, more than a few people who most likely aren't coin collectors said they wanted them. Demand is always a basis of price, and demand outside the coin collecting community can only drive up the price, just a question of total mintage and how much demand. I know there's more (ex-)Marines than Astro geeks, so I'll have to wait to see the mintage for the solar system commems before I could guess on prices for those.

richbeat · July 24, 2005 3:11PM

Wekar:

I wish those planet coins could be halves instead of dollars, but it's not my call. That's going to be expensive for me.

richbeat · July 30, 2005 7:22PM

Looks like there may be ten planet coins now.

BASEagle · July 30, 2005 7:50PM

<< Anyone think about what they will do when the spots show up??? >>

Storm the beaches?

Put the Iwo Jima image on anything and the jarheads will buy it.

A marine walks into a repair shop and pulls out an old, beat up _______ and says "I'd like to get an estimate on this".

Nah, I'd get black-listed for that one.

Mike

FullStrike · July 30, 2005 10:15PM

>>

Nasa Coins Legislation

<< Further, the bill directs that NASA, JPL, the Department of Defense, the Smithsonian Institution and any other federal agency in possession of flown spacecraft deliver gold, silver, copper, and other metal samples from the vehicles to the Mint for "symbolic inclusion" during the production of the coins. >>

Wow, real nasa metal in the Coins.

This is gonna be as cool as when the members of Kiss put their blood into the ink vat ( way before AIDS ) used to print the Kiss Comics.

What do you folks think about the 230th year Marine Corp commem.?

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