10th anniversary platinum set
JapanJohn
Posts: 2,030 ✭
All right, I have been more off the board than on in the last 2 or 3 months.
Is there or is there not going to be a 10th anniversary platinum set with a reverse proof plat?
John
Is there or is there not going to be a 10th anniversary platinum set with a reverse proof plat?
John
0
Comments
Yes.
Link
My Adolph A. Weinman signature
Here it is, straight from the horse's mouth: Mint announcement about Plat set
Go BIG or GO HOME. ©Bill
<< <i>30K wowsier, better mintage limit would have been 5k
I couldn't agree more, Bill. First they killed the golden goose (First Spouse), now we have a Platinum DUCK
``https://ebay.us/m/KxolR5
Russ, NCNE
<< <i>The 10th anniversary was last year. >>
The 10th *year of issue* was last year. The 10th *anniversary* is this year (1997-2007).
<< <i><< The 10th anniversary was last year. >>
The 10th *year of issue* was last year. The 10th *anniversary* is this year (1997-2007) >>
Nope. PCGS says the 10th anniversary was last year:
Russ, NCNE
<< <i>
<< <i>The 10th anniversary was last year. >>
The 10th *year of issue* was last year. The 10th *anniversary* is this year (1997-2007). >>
Exactly.
If you get married on July 1, 2000. When is your 10 year anniversary ??
2009 according to Russ.
<< <i>Exactly.
If you get married on July 1, 2000. When is your 10 year anniversary ??
2009 according to Russ. >>
Not according to me.
Russ, NCNE
<< <i>They killed any flipper/dealer interest by making too many and pricing them too high. Not only that but they are going to be stingy with them with the 1 per household limit. It's almost like they don't want to sell any. I'm going to comply with their wishes and not buy any. >>
Max might be 30K but if only 5k are sold then the rest get melted.
<< <i>They killed any flipper/dealer interest by making too many and pricing them too high. Not only that but they are going to be stingy with them with the 1 per household limit. It's almost like they don't want to sell any. I'm going to comply with their wishes and not buy any. >>
But a "high" mintage limit doesn't guarantee that many coins will be released. It's somewhat paradoxical, but if you set a "maximum mintage" too high, you may wind up with a scarce issue because speculators and flippers won't want to buy any.
That may not set the stage for spectacular flipping profits, but could result in a nice profit for collectors who "buy and hold" and wait for prices to rise once sales are terminated and the actual mintage is much lower than the stated maximum.
<< <i>
<< <i>They killed any flipper/dealer interest by making too many and pricing them too high. Not only that but they are going to be stingy with them with the 1 per household limit. It's almost like they don't want to sell any. I'm going to comply with their wishes and not buy any. >>
Max might be 30K but if only 5k are sold then the rest get melted.
if you can supply a set to everyone who wants one, there won't be much if any aftermarket unless for a FSrike 70/70....no matter what the number is
scenario: the gold sets last year..... imagine a one limit per household and 50k limit....what would they be worth today? melt plus a few, right?
<< <i>
<< <i>
<< <i>They killed any flipper/dealer interest by making too many and pricing them too high. Not only that but they are going to be stingy with them with the 1 per household limit. It's almost like they don't want to sell any. I'm going to comply with their wishes and not buy any. >>
Max might be 30K but if only 5k are sold then the rest get melted.
if you can supply a set to everyone who wants one, there won't be much if any aftermarket unless for a FSrike 70/70....no matter what the number is
scenario: the gold sets last year..... imagine a one limit per household and 50k limit....what would they be worth today? melt plus a few, right? >>
Yeah but now imagine with the rising population and the rise in platinum prices. There will be more and more people interested in collecting platinum and in a few years who knows.
Two thousand freaking bucks???
Are they kidding??
.
.
.
.
Well, OK, I might buy one...
<< <i>
<< <i><< The 10th anniversary was last year. >>
The 10th *year of issue* was last year. The 10th *anniversary* is this year (1997-2007) >>
Nope. PCGS says the 10th anniversary was last year:
Russ, NCNE >>
20th anniversary silver eagle was the same. I have 2005 ASE's with the 20th anniversary label
<< I couldn't agree more, Bill. First they killed the golden goose (First Spouse), now we have a Platinum DUCK>>
TwoSides2aCoin,
I just saw your post and had to reply for clarification. Please don't call something the U.S. mint threw out a "platinum duck". If you would like to see a real platinum duck, Canada made the platinum Harlequin Duck in 2001. And interestingly, it only had a mintage of 448 total sets. 30,000 vs. 448. Thats a much better platinum duck IMHO.
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<< <i>
Max might be 30K but if only 5k are sold then the rest get melted.
Which I why I am going to fastiviously watch ericj96's updates on when they might close out if the scenerio you mention plays out.
<< <i><< 30K wowsier, better mintage limit would have been 5k >>
<< I couldn't agree more, Bill. First they killed the golden goose (First Spouse), now we have a Platinum DUCK>>
TwoSides2aCoin,
I just saw your post and had to reply for clarification. Please don't call something the U.S. mint threw out a "platinum duck". If you would like to see a real platinum duck, Canada made the platinum Harlequin Duck in 2001. And interestingly, it only had a mintage of 448 total sets. 30,000 vs. 448. Thats a much better platinum duck IMHO. >>
Does this mean we won't have an official 10th Anniv Plat thread ?
<< <i>
<< <i>
Max might be 30K but if only 5k are sold then the rest get melted.
Which I why I am going to fastiviously watch ericj96's updates on when they might close out if the scenerio you mention plays out.
And then everyone on these boards will jump on it and it will end up as a 10K loser!!!! You will be able to pick these up for slightly over melt within 6 months.
<< <i>So, let me get this straight...
No one is going to buy these because the possible mintage of 30k is too high. But since everyone thinks that no one will buy them, everyone will buy one. But since everyone knows that, no one will buy them.
I'm buying.
I say, now that's a chicken hawk.
Duck, turkey
``https://ebay.us/m/KxolR5
Box of 20
Go ahead and waste your money if you want, but I am not.
<< <i>And then everyone on these boards will jump on it and it will end up as a 10K loser!!!! You will be able to pick these up for slightly over melt within 6 months. >>
I'd be willing to bet you find the regular issue selling B E L O W melt come January.
Snapdragon
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<< <i>No one is going to buy these because the possible mintage of 30k is too high. But since everyone thinks that no one will buy them, everyone will buy one. But since everyone knows that, no one will buy them. >>
For me, I can't play in this sandbox. I've have a good run here (many thanks to those that helped me avoid the pitfalls). The AGE 20th sets were "golden", and the ASE 20th sets were even more so. The 2006-W plats were (and probably will continue to be) very good. Made good money on the MW and AA ...see new thread
Go ahead and waste your money if you want, but I am not.
Though a true modern collector, most of the mint prices this year are making me seriously consider going back to collecting classics. I collect the plats, gold and silver in modern issue but rising bullion prices are making these impossible. The days of cheap gold ($400 oz in 04) and platinum are over since I started collecting in 04.
Box of 20
They can make 200,000 of them for all I care. Up the price, while PM's are on the way down! I don't care! Mint, u suck (and not necessarily in a good way).
I knew it would happen.