If the Jackie Robinson $5 gold coin has a mintage of 24,000....
holeinone1972
Posts: 5,368 ✭✭✭
and it is way up in value, don't you think that the Jefferson liberty and the following liberty $10 coins ( w/ a mintage of only 20k) will skyrocket also?
Do you feel that the coins will shoot up in value after the mint is finally done shipping?
I have some antsy relatives, who saw the large flip I made with the washington spouses, and jumped on board w/ the Jefferson Liberties, but they are ready to sell for next to no profit now.
I think I am going to buy there unopened boxes, and ride the waive.
Opinions..........
Rob
Do you feel that the coins will shoot up in value after the mint is finally done shipping?
I have some antsy relatives, who saw the large flip I made with the washington spouses, and jumped on board w/ the Jefferson Liberties, but they are ready to sell for next to no profit now.
I think I am going to buy there unopened boxes, and ride the waive.
Opinions..........
Rob
0
Comments
What are the mintage totals for the Jackie Robinson on all coins.
rob
<< <i>That is what I was trying to findout.
What are the mintage totals for the Jackie Robinson on all coins.
rob >>
BU 5174
PF 24072
In honor of the memory of Cpl. Michael E. Thompson
IMO in 2-3 years vast majority will be selling as bullion coins. Sure the MS/PR70 will bring a little premium but MS/PR69s will be melt.
24K is the only thing FS have over the performing artist series which sell below melt.
The JR Proof sheets at $600 now - 10+ years later. The coin has performed about as well as a CD in the bank over the same past 10 years, give or take.
What did the JR Proof coin have going for it prior to this year? Easy -a very low relative mintage for a proof gold Commem. How about now - 4 lower mintage Proof Gold Commems (assuming the spouse coins are even deemed gold commems as PCGS still does not believe that is the case for registry purposes??) and 4 more and 4 more for the next 10 years. So, has the "excitement" for the JR Proof (which resulted in a return close to that of a CD over the past 10 years) come to an end? We'll see, but, the coin has not been all that wonderful even for its first 10 year return, the way I see it. Just my 2 cents.
Wondercoin
The JR proof has a high mintage for a $5 gold proof and if it's unc sister were a high mintage as well, it would be worth just over melt.
The proof JR is enjoying the benefit of having a very high priced unc sibling (with an ultra low mintage) and therefore has pressure put on it from type collectors desiring an example of the "type", thus demand shooting up for the proof.
How in the world would these coins be direct competitors with the JRs? I think as had been said elsewhere that these coins have very little significance and might as well be the "first dogs" issue - seriously, who really thinks these are significant commeroratives, or for that matter (okay get me on this) the presidential issue dollars themselves??
Well, just Love coins, period.
I do. Why aren't they as significant as a tribute to the 2002 Olympic Winter games?
Wondercoin
<< <i>I collect the Liberty Series and the 1st of First Spouse (Martha Washington) regardless of what people say.
I also think the liberty series will be a big winner. But the coins look more like medals to me not commems.
<< <i>
<< <i>I collect the Liberty Series and the 1st of First Spouse (Martha Washington) regardless of what people say.
I also think the liberty series will be a big winner. But the coins look more like medals to me not commems. >>
I agree, I think the Liberty coins will carry a nice premium over the others, say 40% more over time. I agree with most that the Martha and the rest will eventually be just a standard premium over bullion. However, as we go down the road with this program and get to some of the lessor spouses, mintages will likely start to be quite small. Those may "eventually" carry some premium. But just like the Buffalo silver dollar that was minted in HUGE numbers but carries a ridiculous premium because the design is popular, I think the same is almost certain with the Libs.
<< <i>"seriously, who really thinks these are significant commeroratives"
I do. Why aren't they as significant as a tribute to the 2002 Olympic Winter games?
Wondercoin >>
There is a well developed collector base for olympic coins both in the US and world.
Coins from even the most obscure olympic games have more collector interest than the FSs.
I suspect there will be few overseas orders for Millard Filmore's wife commemorative coin.
As far as the Liberty coins I still say there are plenty of attractive images of Liberty on gold coins without having all the distracting info on obverse and reverse about the single/widowed president.
If mint wants to do a popular gold series they should do one reproducing 20 classic images of Liberty from 1790-1933. Now that would be a series to collect.......not one of 40 women most of whose only claim to fame is that they married well.
Well, just Love coins, period.