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Probable repricing for the UHR is likely

OPAOPA Posts: 17,171 ✭✭✭✭✭
in U.S. Coin Forum
tomorrow, if Gold maintains it $960+ price range today. Expect a $50 price increase for the UHR and $25 for the First Spouse
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."

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    garsmithgarsmith Posts: 5,894 ✭✭
    They should just melt them and start making eagles
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    OPAOPA Posts: 17,171 ✭✭✭✭✭


    << <i>They should just melt them and start making eagles >>



    How about using the blanks for a Piedford $10 Eagle ....
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    rickoricko Posts: 98,724 ✭✭✭✭✭
    The UHR is overpriced already. Cheers, RickO
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    PerryHallPerryHall Posts: 47,811 ✭✭✭✭✭


    << <i>

    << <i>They should just melt them and start making eagles >>



    How about using the blanks for a Piedford $10 Eagle .... >>



    If they used the Indian design, I would buy one.image

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

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    OPAOPA Posts: 17,171 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>They should just melt them and start making eagles >>



    How about using the blanks for a Piedford $10 Eagle .... >>



    If they used the Indian design, I would buy one.image >>



    Likewise...the St. Gaudens design has been overused. Time to change and come up with something new. Perhaps the Perth Mint can come up with an "original" design of what to use unsold UHR blanks for. I'm so disappointed with the US Mint in constantly recycling the same old lame, but at one time popular, designs.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    relicsncoinsrelicsncoins Posts: 8,323 ✭✭✭✭✭
    hmmm strange?
    Need a Barber Half with ANACS photo certificate. If you have one for sale please PM me. Current Ebay auctions
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    ttownttown Posts: 4,472 ✭✭✭
    Is anyone really buying these from the mint now? Ebay's prices will be much cheaper.
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    notwilightnotwilight Posts: 12,864 ✭✭✭


    << <i>Is anyone really buying these from the mint now? Ebay's prices will be much cheaper. >>



    Got a link? They are at $1339 now at the mint. --Jerry
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    barbershopperbarbershopper Posts: 1,201
    Gold may hit $1000 today. It's at $990 now.
    Silver is $15.90.

    JT
    It is health that is real wealth, not pieces of gold and silver. Gandhi.

    I collect all 20th century series except gold including those series that ended there.
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    SpiffSpiff Posts: 102
    Golds at $1,042 today.. the mint has the UHR at $1,389.. shouldnt it be higher or since it was at that price when gold was only at $1,008???

    I'm assuming they'll cancel the UHR on Oct29th when they start minting the gold Buffalo proof..
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    GATGAT Posts: 3,146 ✭
    The UHRs are for ever destined to be a coin worth thier melt value. The mintage is just too damn large.
    USAF vet 1951-59
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    JmCoinsJmCoins Posts: 35


    << <i>The UHR is overpriced already. Cheers, RickO >>




    True!! But on the other hand, I just sold 5 of 1st Strike PCGS slabbed 70's for 11k+.. Not too shabby.image
    Collector of most Coins and Paper Notes
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    PerryHallPerryHall Posts: 47,811 ✭✭✭✭✭


    << <i>The UHRs are for ever destined to be a coin worth thier melt value. The mintage is just too damn large. >>



    I'd like to buy a few at melt. Where can I find them at melt?

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

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    highbidder1970highbidder1970 Posts: 167
    When the bids come out in the CDN for the UHR's I believe they will be around melt just like they are on a lot of the First Spouse Issues.
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    DeepCoinDeepCoin Posts: 2,781 ✭✭✭
    The UHR will not end up at melt as long as they are on sale at the Mint. Otherwise you could buy them and return them to the Mint for the sale price. They will have a numismatic premium for quite a while IMHO. Perhaps not a huge one, but well over melt and bullion.
    Retired United States Mint guy, now working on an Everyman Type Set.
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    OPAOPA Posts: 17,171 ✭✭✭✭✭


    << <i>Golds at $1,042 today.. the mint has the UHR at $1,389.. shouldnt it be higher or since it was at that price when gold was only at $1,008???

    I'm assuming they'll cancel the UHR on Oct29th when they start minting the gold Buffalo proof.. >>



    UHR will not be repriced higher until Gold exceeds the next threshold which is $1,050+(That could be as early as next Wed. afternoon) UHR's will be minted until the e/o December.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    GoldbullyGoldbully Posts: 18,571 ✭✭✭✭✭
    Damn...it's now at $1489!!!!!!! image

    I paid $1189 on Jan. 22, 2009
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    PerryHallPerryHall Posts: 47,811 ✭✭✭✭✭
    If gold stays below $1050 until next Wednesday, the mint will drop the UHR price. It may be a buying opportunity for those who are interested.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

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