If a guy was smart and had some extra money, he'd be buying up any he could snipe on eBay as long as the mintage numbers are under 20,000.
As for grading, the same will always hold true: (Holdered Coins just seem to be worth more) Condition Rarity comes after RARITY
A Coin's potential value is determined rather simply. We don't need Laura to teach us this.
Population of Coin Popularity of Coin Rarity of Coin Condition of coin
Some things never change. This theory is quite simple. With these coins, I think there is a long term upside for the first year. Subsequent years, I believe , will go the way of the Sacagawea, Presidential, Kennedy Half, and whatever COMMEMORATIVE business strike the mint sees fit to "SELL US". Some later pops might be less or more, depending on POPULARITY. This will determine the RARITY and the POPULATION. Then comes grading companies.
My question is :
How many of these coins are graded by NNC, NTC, ACG, SGS and all them other companies ? How many are graded by PCI, ICG, ANACS..
no matter how many get graded, there are only 20 thousand of each, MAX
They are now between $700 and $2700... depending on a few variables listed above.
They sold for $410 uncirculated and $429 in proof from the mint. They aren't even delivered from the mint and at any one time there are never more than 180 on eBay.
The mintage is too high for the coins to hold their value. More products than collectors to support it. The mint did a great job in making the limits on these coins. If left to the ordering public and didn't place a limit on these they would have not sold as many as they did. They created a demand by working the numbers. The last $10.00 Gold the mint did was the Wright Brothers. They only made about 11,000 unc and 21,000 Proof for a total mintage in the 32,000 range. They forced 40,000 of each of these out the door. Great concept! They will make more of these than most of the $5.00 Gold Commemoratives. I don't there are enough collectors that want these to support the quantity minted. Don't get me wrong it would be a nice set to have, but the sales will fall off as the program continues forward. Some of these will have so little interest that those will become the true rarities of the series. The early presidents (spouses) have great interst because of all the publicity and the program being new, but long term, not enough support.
Look how popular the 1982 Washington Commemorative Half Dollars were. Now they sell for less than their issue price. Now, with these holding 1/2 of gold they will not fall below their issue price, but $800 to $1300 for these is simply too high.
Even the Bi-Metal $10 have come down in price over the last few years.
President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay
<< <i> A Coin's potential value is determined rather simply. We don't need Laura to teach us this.
Population of Coin Popularity of Coin Rarity of Coin Condition of coin
Joe >>
I've learned from my short but painful experience over the past year that popularity is the most important. Popularity seems to be a function of:
The beauty and meaning of the coin The uniqueness of the coin Hyping the coin.
Also, the collector base is not static. Some coins have the potential to expand the collector base.
The 2006 W gold fractional unc eagles are "rare" but they are not unique (20 years of that design now), not being hyped, and right now they can be sold at just over break-even prices.
Even those 2006 W platinum uncirculated coins are declining in price because, I think, they aren't being hyped (like on "Coin Vault" and other shows) right now. They are old news.
I plan to stay on top of the First Spouse coins indefinitely. I'm guessing that they will by hyped on TV every time a new design is released, and that they might actually draw in affluent collectors that don't even collect coins now.
Just my opinion.
Anyone can make a difference, but most people probably shouldn't. -- Marge Simpson
<< <i>If left to the ordering public and didn't place a limit on these they would have not sold as many as they did. >>
Gotta disagree with that one, HSN and the rest would have bought them all. Even if no one else bought they would have sold out. The limit wasn’t to sell more, but was to allow investors the opportunity to get one or two.
<< <i>If left to the ordering public and didn't place a limit on these they would have not sold as many as they did. >>
Gotta disagree with that one, HSN and the rest would have bought them all. Even if no one else bought they would have sold out. The limit wasn’t to sell more, but was to allow investors the opportunity to get one or two. >>
In that case they would have minted to demand. Everyone would have been able to order if they wanted.
President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay
<< <i>How does everyone know there is no collectors base for these coins - I'm going to collect a set... >>
Count me in on this one, also.
I missed out on the ordering from the Mint but I WILL be a buyer on the secondary market. Way below Mint issue price, though. I'll be on the lookout for spot bullion selling prices.
I missed out on the ordering from the Mint but I WILL be a buyer on the secondary market. Way below Mint issue price, though. I'll be on the lookout for spot bullion selling prices.
I think the evenly split statement is just the 'canned' statement. It is so very rare that Proof and Unc. are equal. Plus the Mint doesn't want to get in the middle of declaring which coin has the lowest mintage, until they know forsure. No matter how close they are, ONE will be KEY.
For the POP reports, you can add 5 each to the Unc. Pops. I'm happy to see they are not afraid to give 70's on the Unc. Mine looked perfect. I should be good for a few !! Crossing my fingers.
<< I've learned from my short but painful experience over the past year that popularity is the most important. Popularity seems to be a function of:
The beauty and meaning of the coin The uniqueness of the coin Hyping the coin. >>
Popularity is also a function of the expense of collecting the set. The full set (UNC and PR) will cost over $30,000. After a bit, people will realize there is no way they can afford the set, and then the Marthas and Abigails will begin to be released on the market (as people sell their unfinished sets).
I heard they were making a French version of Medal of Honor. I wonder how many hotkeys it'll have for "surrender."
<< <i>I mean price guide PCGS prices for 70 coins >>
I doubt if there is a PCGS price guide yet for this coin. Ebay closed auction prices are a much more realistic & reliable source to determine value for the "modern stuff."
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
Not to be sexist, but all of the women that I have shown this coin to at work really like it and think they are beautiful. But how many of them will actually collect this series (or some of them) is not known. The proof coins have a lot more eye appeal then the uncs, so I think that they will be more popular.
Since I am trying to sell some now, I hope that the price stays up. I might hold a few just to see what the future brings for these.
I'd keep playing. I don't think the heavy stuff will be coming down for quite a while!
Coins & Paper Money(183) Coins: US(177) Bullion(20) Those are the only numbers I am concerned with. How many are listed on ebay at any given time ? Time alone will tell. These coins are still in flippers hands. Some flippers haven't even gotten theirs yet. I just want to know POPULATION numbers from the mint because the value will only go up after it settles down to $650 per coin and fewer are available. Flippers better dump them quick !!!
I saw the 69 that went for low money. It went off at 8am PDT which is a strange time to end an auction (not too many snipers on at that time) so someone might have gotten a good deal. Hey even at $650 it isn't a bad investment, so I won't complain.
I also watch how many are listed at a given time. No need to panic and flood the market to drive the price down.
I'd keep playing. I don't think the heavy stuff will be coming down for quite a while!
<< <i>ilikebuffaloes.. These are great collectibles. Profit or not, the coins are popular. >>
I agree with you. I don't think that we really know the level of popularity or how many collectors there will eventually be for this series because it is too early. Many orders have not been filled yet and some who have pending orders may not get their orders filled. I plan to keep a set of these and even if they become "unflippable" I will buy them for my collection. I am not looking at these purely from a profit perspective, but it is nice to know that they have increased in value.
The thread was about the prices of them, so my comments were made based on that. I think the coins will hold their value.
I'd keep playing. I don't think the heavy stuff will be coming down for quite a while!
PR69's are dropping rather quickly as more PCGS graded ones enter the market. This will continue as the bulk of the graded ones have yet to be returned to the seller by PCGS. Hopefully we will see the lull and then the renewed interest as we did with the 20th anniversary ASEs. Unfortunately, the release of the Jefferson's next month will probably draw the buyers away from the Marthas. Time will tell.
The 70s are the key to maximum profit.
No Way Out: Stimulus and Money Printing Are the Only Path Left
<< <i>How should i sell these,they are also eligable for FS >>
1. Decide what you want for them. 2. Then offer them up on the BST board to your fellow members first. 3. Any if you don't sell, list on Ebay.
If shipping date on box is July 20 or earlier, they are and will always be eligible for PCGS first strike as long as they remain sealed in the box you received from the Mint.
What you have to figure out is: Are they worth more now or will they be worth more later? When you do, let me know.
By all means keep them in the box and also print (from your U.S. Mint orders page) a copy of the confirmation that shows the order number and what was ordered. That way you have deliverable proof of what is actually in the box. I keep a hard copy of all these confirmations with my sealed boxes in the safe. Good Luck.
Oh yea, give me first shot at them. (just kidding, i have plenty)
No Way Out: Stimulus and Money Printing Are the Only Path Left
Comments
MW Proof First Strike
Box of 20
Lucky guy.
San Diego, CA
God bless America!
I have a feeling that these may be a much lower mintage.
Rob
As for grading, the same will always hold true: (Holdered Coins just seem to be worth more)
Condition Rarity comes after RARITY
A Coin's potential value is determined rather simply. We don't need Laura to teach us this.
Population of Coin
Popularity of Coin
Rarity of Coin
Condition of coin
Some things never change. This theory is quite simple.
With these coins, I think there is a long term upside for the first year. Subsequent years, I believe , will go the way of the Sacagawea, Presidential, Kennedy Half, and whatever COMMEMORATIVE business strike the mint sees fit to "SELL US". Some later pops might be less or more, depending on POPULARITY. This will determine the RARITY and the POPULATION. Then comes grading companies.
My question is :
How many of these coins are graded by
NNC, NTC, ACG, SGS and all them other companies ?
How many are graded by PCI, ICG, ANACS..
no matter how many get graded, there are only 20 thousand of each, MAX
They are now between $700 and $2700... depending on a few variables listed above.
They sold for $410 uncirculated and $429 in proof from the mint. They aren't even delivered from the mint and at any one time there are never more than 180 on eBay.
The floor is open and the sky is the limit
Joe
``https://ebay.us/m/KxolR5
Look how popular the 1982 Washington Commemorative Half Dollars were. Now they sell for less than their issue price. Now, with these holding 1/2 of gold they will not fall below their issue price, but $800 to $1300 for these is simply too high.
Even the Bi-Metal $10 have come down in price over the last few years.
President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay
<< <i>
A Coin's potential value is determined rather simply. We don't need Laura to teach us this.
Population of Coin
Popularity of Coin
Rarity of Coin
Condition of coin
Joe >>
I've learned from my short but painful experience over the past year that popularity is the most important. Popularity seems to be a function of:
The beauty and meaning of the coin
The uniqueness of the coin
Hyping the coin.
Also, the collector base is not static. Some coins have the potential to expand the collector base.
The 2006 W gold fractional unc eagles are "rare" but they are not unique (20 years of that design now), not being hyped, and right now they can be sold at just over break-even prices.
Even those 2006 W platinum uncirculated coins are declining in price because, I think, they aren't being hyped (like on "Coin Vault" and other shows) right now. They are old news.
I plan to stay on top of the First Spouse coins indefinitely. I'm guessing that they will by hyped on TV every time a new design is released, and that they might actually draw in affluent collectors that don't even collect coins now.
Just my opinion.
<< <i>If left to the ordering public and didn't place a limit on these they would have not sold as many as they did. >>
Gotta disagree with that one, HSN and the rest would have bought them all. Even if no one else bought they would have sold out. The limit wasn’t to sell more, but was to allow investors the opportunity to get one or two.
<< <i>
<< <i>If left to the ordering public and didn't place a limit on these they would have not sold as many as they did. >>
Gotta disagree with that one, HSN and the rest would have bought them all. Even if no one else bought they would have sold out. The limit wasn’t to sell more, but was to allow investors the opportunity to get one or two. >>
In that case they would have minted to demand. Everyone would have been able to order if they wanted.
President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay
<< <i>How does everyone know there is no collectors base for these coins - I'm going to collect a set... >>
Count me in on this one, also.
I missed out on the ordering from the Mint but I WILL be a buyer on the secondary market. Way below Mint issue price, though. I'll be on the lookout for spot bullion selling prices.
I'm a very patient buyer.
You might have to be patient and long-lived.
Proud recipient of two "You Suck" awards
For the POP reports, you can add 5 each to the Unc. Pops. I'm happy to see they are not afraid to give 70's on the Unc. Mine looked perfect. I should be good for a few !!
Crossing my fingers.
I've learned from my short but painful experience over the past year that popularity is the most important. Popularity seems to be a function of:
The beauty and meaning of the coin
The uniqueness of the coin
Hyping the coin.
>>
Popularity is also a function of the expense of collecting the set. The full set (UNC and PR) will cost over $30,000. After a bit, people will realize there is no way they can afford the set, and then the Marthas and Abigails will begin to be released on the market (as people sell their unfinished sets).
-David
<< <i>What do you guys think the prices will be for First Strike PCGS 70 coins? >>
One just sold for $2292 on eBay ... LINK
MW Unc 150887
<< <i>I mean price guide PCGS prices for 70 coins >>
I doubt if there is a PCGS price guide yet for this coin. Ebay closed auction prices are a much more realistic & reliable source to determine value for the "modern stuff."
<< <i>The mint has stated sales were split evenly between the Proof and Uncirculated spouses. More First Strike© eligible Proofs have been shipped out than Uncirculated IMO, which is why the pop shows a lower population. >>
Buffalo, where did you pick up this mint statement?
Thanks,
~n
First Strike©:
Non First Strike©:
Since I am trying to sell some now, I hope that the price stays up. I might hold a few just to see what the future brings for these.
Coins: US(177)
Bullion(20)
Those are the only numbers I am concerned with. How many are listed on ebay at any given time ?
Time alone will tell. These coins are still in flippers hands. Some flippers haven't even gotten theirs yet. I just want to know POPULATION numbers from the mint because the value will only go up after it settles down to $650 per coin and fewer are available. Flippers better dump them quick !!!
``https://ebay.us/m/KxolR5
I also watch how many are listed at a given time. No need to panic and flood the market to drive the price down.
These are great collectibles. Profit or not, the coins are popular.
``https://ebay.us/m/KxolR5
<< <i>ilikebuffaloes..
These are great collectibles. Profit or not, the coins are popular. >>
I agree with you. I don't think that we really know the level of popularity or how many collectors there will eventually be for this series because it is too early. Many orders have not been filled yet and some who have pending orders may not get their orders filled. I plan to keep a set of these and even if they become "unflippable" I will buy them for my collection. I am not looking at these purely from a profit perspective, but it is nice to know that they have increased in value.
The thread was about the prices of them, so my comments were made based on that. I think the coins will hold their value.
Sold Marthas on Ebay
PR69's are dropping rather quickly as more PCGS graded ones enter the market. This will continue as the bulk of the graded ones have yet to be returned to the seller by PCGS. Hopefully we will see the lull and then the renewed interest as we did with the 20th anniversary ASEs. Unfortunately, the release of the Jefferson's next month will probably draw the buyers away from the Marthas. Time will tell.
The 70s are the key to maximum profit.
No Way Out: Stimulus and Money Printing Are the Only Path Left
<< <i>How should i sell these,they are also eligable for FS >>
1. Decide what you want for them.
2. Then offer them up on the BST board to your fellow members first.
3. Any if you don't sell, list on Ebay.
If shipping date on box is July 20 or earlier, they are and will always be eligible for PCGS first strike as long as they remain sealed in the box you received from the Mint.
What you have to figure out is: Are they worth more now or will they be worth more later? When you do, let me know.
By all means keep them in the box and also print (from your U.S. Mint orders page) a copy of the confirmation that shows the order number and what was ordered. That way you have deliverable proof of what is actually in the box. I keep a hard copy of all these confirmations with my sealed boxes in the safe. Good Luck.
Oh yea, give me first shot at them.
No Way Out: Stimulus and Money Printing Are the Only Path Left