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Doug58s's Last 20 Posts
| Thoughts On Coin Chronicle Set Mintage Limits
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Doug58s
Pillar of the Community
United States
899 Posts |
 Posted 08/13/2015 8:51 pm
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| I actually like the limited mintage products. Look at the resell values of these and tell me what other modern coin has such a high value? That is what most are complaining about - they didn't get one straight from the mint and look what they are selling for... personally - I had already been collecting the C&C sets and like them for what they are. I read how many here want the RP coin and are totally ignoring the actual package they are getting - the Ike medal to me was worth the purchase price. (altho I wish they would have included the bronze medal as well) |
| | Forum: US Commemoratives and Non-Circulating Coinage (NCLT) Including Grading, Varieties, and Errors |
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| 2015-W American Liberty, High Relief $100 Gold - Thoughts ?
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Doug58s
Pillar of the Community
United States
899 Posts |
Posted 08/01/2015 04:31 am
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This is not a sold out offering - there are still thousands to be sold.
Perfection? There were 50,000 to be sold - 37,000 have been sold to between 12 and 15,000 buyers... I think you might be looking at the wrong numbers to perceive that as a huge seller. This "coin" will languish on the secondary market for a long time. If the average buyer bought 1 (which I see a lot here say they did), that leaves about 20,000 of these in the resellers hands, and the mint with about 13,000 left to sell themselves. |
| | Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum |
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| 1920 Pilgram
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Doug58s
Pillar of the Community
United States
899 Posts |
Posted 07/29/2015 05:37 am
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After you posted the 2nd set of pictures...I questioned my 1st opinion but thought I'd wait. There do appear to be issues with the coin - you can see hairlines around the word states and also near the star to the left under United on the obverse... and now that I see the toning again - it does look like it highlights the images - but isn't really toned the same across the images. It looks toned in the fields - but not toned on the Pilgrim or Ship?
Still an interesting coin. |
| | Forum: US Commemoratives and Non-Circulating Coinage (NCLT) Including Grading, Varieties, and Errors |
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| 2015 High Relief 24k Gold Coin
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Doug58s
Pillar of the Community
United States
899 Posts |
Posted 07/27/2015 7:46 pm
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| I said it in the other thread regarding this "coin". It is a coin in name only and is more of a medal than anything else. The $100 face value is meaningless.. a $20 gold piece was $20 because that was what gold sold for at the time. For this to have any real 'Coin" value it should be an $1100 coin - directly related to the underlying gold - so that it won't lose value. It is $1100 of gold with $100 face value selling for about $1500 and on top of that it will not be a proof. It is a marketing ploy trying to bilk buyers out of $400 and will not be worth more than bullion when it is done. Only a collector will buy it from you for more than the current bullion price and I don't see an upside - the design is Meh... and the price is not good either. |
| | Forum: US Commemoratives and Non-Circulating Coinage (NCLT) Including Grading, Varieties, and Errors |
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| 2015-W American Liberty, High Relief $100 Gold - Thoughts ?
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Doug58s
Pillar of the Community
United States
899 Posts |
Posted 07/25/2015 8:06 pm
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My opinion - this isn't a coin - it is a medal with a $ value on it. The $ value is useless and has little meaning in the context of coins. It is a contrived "coin" that does little but generate profits for the mint. It won't be a series (thank god), and has no tie to any previous coin release. The dollar value on the coin is unique - but heck - gold is selling for $1100 and ounce and you have the chance to pay $1500 for a $100 coin worth $1100 and say you have one.
This will be a bullion release and way over priced at that. |
| | Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum |
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