Mint News Blog

News, Information, and Commentary on US Mint Products

Friday, March 25, 2011

Medal of Honor Commemorative Coin Pricing


The introductory pricing for the 2011 Medal of Honor Commemorative Coins will only be in effect for a few more days. After March 28, 2011 at 5:00 PM ET, the prices for each of the available gold and silver coins will be increased.

Modern commemorative coins have typically been offered by the United States Mint at reduced prices during a pre-issue or introductory period. At the end of the period, regular pricing goes into effect.

The extent of the price increase after the introductory period has varied by program and denomination. Last year, the commemorative silver dollars increased in price by $2 for unciculated versions and $4 for proof versions. The last time commemorative gold coins were available in 2008, prices increased by $25 per coin.

For the Medal of Honor Coins the increase will be a consistent $5 increase across all options. This will make the change more significant on a percentage basis for the silver dollars. The introductory pricing and the regular pricing effective after 5:00 PM ET on Monday is shown below.

Intro. Regular
$5 Gold Proof $ 449.95 $ 454.95
$5 Gold Unc $ 439.95 $ 444.95
Silver Dollar Proof $ 54.95 $ 59.95
Silver Dollar Unc $ 49.95 $ 54.95

The pace of sales for commemorative coins usually seems to drop off to a base level after the end of the introductory period. So far, sales levels for Medal of Honor coins have been somewhat tepid as compared to other issues from recent years. This could be the impact of the higher prices, the increased number of commemorative coins for the current year, the general decline in the US Mint's customer base, or a combination of the factors.

Sales figures through March 20, 2011 are shown below.

Sales
$5 Gold Proof 9,958
$5 Gold Unc 3,862
Silver Dollar Proof 61,906
Silver Dollar Unc 26,247

Labels:

36 Comments:

At March 25, 2011 at 2:17 PM , Anonymous JA said...

"So far, sales levels for Medal of Honor coins have been somewhat tepid as compared to other issues from recent years. This could be the impact of the higher prices, the increased number of commemorative coins for the current year, the general decline in the US Mint's customer base, or a combination of the factors."

Sign me up for a) increase in prices which led to b) decline in customer base

 
At March 25, 2011 at 2:54 PM , Anonymous Anonymous said...

Will there ever be another Jackie Robinson phenomenon with these commemoratives?

Given the explosion of the Internet and online retailers scooping these up and slabbing them; I don't see it really happening.

You can make a case for a few of the First Spouse but they're part of a series and not a "one and done" commemorative like the Jackie Robinson.

I just wonder about the mint issuing again a commemorative that sails under the radar and then explodes on the secondary market.

Let's not bring up that 2010 5oz ATB distribution fiasco. That's bullion anyway.

 
At March 25, 2011 at 2:55 PM , Anonymous Anonymous said...

Nice design, but the price is quite high.
Biggist issue is the coin size.
Smaller than a quarter! (Closer to a nickel).
My first Spouse coins are barely large enough, but the MOH gold is too tiny!
The silver Army and MOH at least have a nice size.

 
At March 25, 2011 at 3:25 PM , Anonymous Anonymous said...

http://www.jackhunt.com/

They are putting the their 5oz ATB on sale. Total price plus shipping is $949.00 . Get them while you can, however, they only accept money order which is a bummer. I order mine today, Any one order any? I was in the #800 numbers...hope I can get it.

 
At March 25, 2011 at 3:25 PM , Anonymous Anonymous said...

For anyone who is interested, Jack Hunt is selling the 2010 ATB bullion coins.

 
At March 25, 2011 at 3:56 PM , Anonymous Anonymous said...

I cancelled my order for two "medal of honor" coins before delivery...

I once saved an A3 aircraft from having to ditch in the ocean with three airmen aboard with only five minutes of fuel left. It safely landed aboard the aircraft carrier after I radioed the pilot how to by pass the problem with the landing gear and extend the wheels. Maybe I didn't deserve a medal, but you would think the Navy could have at least given me an extra piece of apple pie for dinner...

Running Gun

 
At March 25, 2011 at 4:25 PM , Blogger DSTIEBS said...

Given the prices I won't buy any. Is a little different with the 9/11Medals. They have know artistry to them. Our mints are charging to much, have to many medals for sale and there is very little design appeal to them. They need better artists that tell the story behind each medal. If I did not read up on the 9/11 medal I would not know what it represented. The Mint needs to pay more for great Artists. Dstiebs.

 
At March 25, 2011 at 4:48 PM , Anonymous Anonymous said...

I agree, gold MOH's too small.
I would rather pay double and get something the size of a first spouse.

 
At March 25, 2011 at 5:34 PM , Anonymous Anonymous said...

There should be a separate site for 5 ounce silver ATB junkies/flippers to keep perseverating on the availability or lack of availability of them from APs or how much the they are selling for on ebay. It is irritating to keep seeing posts on this topic derailing other posts.

 
At March 25, 2011 at 6:16 PM , Anonymous Anonymous said...

To:There should be a separate site for 5 ounce silver ATB junkies/flippers to keep perseverating on the availability or lack of availability of them from APs or how much the they are selling for on ebay. It is irritating to keep seeing posts on

Dude, this is at least the third time you have posted this...get over it. If a subject has interest, then let people talk...it's no big deal to just go on to the next post.

 
At March 25, 2011 at 6:25 PM , Anonymous Anonymous said...

I'm not an ATB "junkie", but appreciate posts that folks put up about opportunities.
Ignore posts that you don't care about, but thanks to the posters that keep us informed.

On the gold MOH topic, I've always felt the $5 Indian Eagles were cool with the carved design, but never bought one since they are so small (same size as MOH gold).

 
At March 25, 2011 at 6:37 PM , Blogger Brandon said...

#1076 at 9:34pm. I've been waiting to buy from the mint, but at a little over spot I couldn't resist. Not to mention if I do get the mint set I'll have every 2010 ATB quarter from each mint. It would be nice to have a way to display them, or store them together.

 
At March 25, 2011 at 6:39 PM , Blogger Brandon said...

Eastern Time

 
At March 25, 2011 at 7:30 PM , Anonymous Anonymous said...

With silver rocketing higher and the Mint's price fixing scheme, pretty soon the APs will be forced to sell below spot value!

I wasn't going to post, but I couldn't resist annoying the whiner who keeps complaining about ATB posts.

 
At March 26, 2011 at 5:26 AM , Anonymous Anonymous said...

Reality check: ATB flippers, the $2k days are over. There are no bids on sets for $1300 or over. If silver fall you may have a loss.
I bought a set to keep and am happy I did.
Just know flipping will be more risky now.
I think a first spouse gold may be a better play and easier to buy and easier to store and easier to ship.
The commemorative silver (prior to next week's price increase) may be a good idea too.

 
At March 26, 2011 at 5:40 AM , Anonymous Anonymous said...

The silver MOH UNC has lower mintaqge than the ATB 5ozers and a petty good pricing now.

 
At March 26, 2011 at 6:13 AM , Anonymous VG said...

To Anoymous March 26, 2011 5:26 AM:

Geez, getting $1300 for a $900 purchase of 5 oz. ATB's sounds good to me! Once the last of them are sold out by authorized sellers, the price will creep back up. 2010 will no doubt be the lowest mintage and it's the first in the series. It will always be a winner. I'm glad you only bought one set, it leaves more for me. Don't know how you come up with the gold spouse being a better play. They are sold much higher over spot than the ATB's. Nice try..

 
At March 26, 2011 at 6:39 AM , Anonymous Anonymous said...

Reading the posts on this site of 3k (micro) mintages for UNC spouses seems like a better play than the ATB 5oz, 33k mintage (with no standard quality control) IMHO.

 
At March 26, 2011 at 8:29 AM , Anonymous Anonymous said...

5oz set go for $950 plus shipping and any money order fees and trust (no credit card orders accepted).
Selling requires fees too.

 
At March 26, 2011 at 9:21 AM , Anonymous Anonymous said...

Why would they be back ordered already?

 
At March 26, 2011 at 10:02 AM , Anonymous Anonymous said...

Talk about secondary market value, look at the premiums on the 2009 UHR's! Jeez! And now that PCGS recognizes the proof-like designation, sellers on eBay are cleaning up. It's amazing what people will pay.

 
At March 26, 2011 at 10:02 AM , Anonymous Anonymous said...

I was able to get 8 sets of the ATB 5 oz silver from the various APs for $860 to $975 each. I don't know if I should flip the duplicates or use them to trade for the future issues in case the price of silver goes up. By the last year of the series silver will probably be in the $50 to $100 range. Chinese and Indians are starting to buy silver up, and there is no stockpile on hand.

I just read that there is now more gold than silver existing in the world (because gold is just stockpiled but silver is used up in industry). Anyone know if that is true?

 
At March 26, 2011 at 10:03 AM , Anonymous Anonymous said...

What's backordered?

 
At March 26, 2011 at 10:53 AM , Anonymous Anonymous said...

Medal of Honor coin say back ordered on the invoice but in reality they haven't shipped yet and won't until the end of April.

So the website says one thing and the paid invoice says another.

It makes for a little confusion if you didn't catch what the website says and then read your invoice.

 
At March 26, 2011 at 12:57 PM , Anonymous Anonymous said...

Someone mentioned the premiums being paid on the 2009 UHR coins. I remember how some people were posting comments on this blog back when the Mint was still selling those how the mintage was too high and they would never command much of a premium. It shows what THEY knew, huh? :)

I'm glad I had faith in the coin and bought 3 of them total. So far I've sold 2 for a total profit of around $1,100. I have one left, and it looks like now might be the time to let it go. The profit on that coin at today's prices will be over $1,000 all by itself!

Too bad ALL of the products from the Mint don't do this well!

 
At March 26, 2011 at 2:49 PM , Anonymous Anonymous said...

"...Too bad ALL of the products from the Mint don't do this well!"

Like the Buffaloes and Liberty First Spouses; it all goes back to a yearning for classic, timeless, beautiful designs.

It brings us back to the age when every day coinage were true works of art.

Even though there was no shortage of the UHR's, it's "one and done" offering coupled with a classic design and .9999 purity proved a recipe for success.

I didn't buy a single one! Why? I thought it was too small! My friend bought 10 of them and I thought he was nuts. He sent them all to PCGS and 9 came back MS70. He's thinking of sending the ones that are obviously proof-like back for re-grading to sell a couple to make back his initial purchase price.

 
At March 26, 2011 at 6:45 PM , Anonymous Anonymous said...

mtb has sold almost 300 atb 5 oz sets on ebay today for $1025.00 a set....

 
At March 26, 2011 at 6:57 PM , Anonymous Anonymous said...

To: mtb has sold almost 300 atb 5 oz sets on ebay today for $1025.00 a set....

I'm sorry, but I just went through all the completed listings today, and I don't see it.

Unless you can give us an auction/listing number to confirm this, I will not believe this.

Also, as an AP, MTB could not sell these for this price unless they had sold all of their allottment and the bought these on the secondary market...which if they did, they would not be selling them for this price.

Please stop posting BS unless you can back it up. Thank you.

 
At March 26, 2011 at 7:05 PM , Anonymous Anonymous said...

i dont post bull shit...cant believe you comment. ebay item number 300541116131...this is their 3rd round of 100 sold today

 
At March 26, 2011 at 7:06 PM , Anonymous Anonymous said...

To: mtb has sold almost 300 atb 5 oz sets on ebay today for $1025.00 a set....

I'm sorry, but I just went through all the completed listings today, and I don't see it.

Unless you can give us an auction/listing number to confirm this, I will not believe this.

Also, as an AP, MTB could not sell these for this price unless they had sold all of their allottment and the bought these on the secondary market...which if they did, they would not be selling them for this price.

Please stop posting BS unless you can back it up. Thank you.

Well, I was wrong AND YOU ARE RIGHT.
I just found their auction(s)...they are still selling them.
PLEASE accept my apology for jumping the gun.
Unforfunately, I already bought a set from MTB for $930 so I can't but another set from them...I still don't know how they can sell them at that price.

Anyway, if you don't have a set, buy one of these.

 
At March 26, 2011 at 7:14 PM , Anonymous Anonymous said...

yes alot of people wont see it because they spell out the word ounce instead of using oz..apology accepted..

 
At March 26, 2011 at 7:38 PM , Blogger Mint News Blog said...

Anonymous- thanks for posting that. I am going to put the info in a full post, so any readers who have been waiting for the opportunity are aware.

 
At March 27, 2011 at 4:24 AM , Anonymous Anonymous said...

your welcome...think this is my third post with full post ~\;/~

 
At March 27, 2011 at 5:20 AM , Anonymous Anonymous said...

Yes, I saw the MTB listings on eBay as well and think it's strange they are blatantly flaunting the Mint's pricing rules. The only two things I can think of is that they are factoring in eBay fees, paypal fees and shipping into the cost and maybe they think that is ok. Another option is maybe they think since silver spot rates have gone up so much since the Mint established the rules that they can get away with it.

 
At March 28, 2011 at 6:31 PM , Anonymous Anonymous said...

Sorry to interupt the endless discussion about other stuff.

Unless I (or Michael) have the wrong date, someone is asleep at the mint. It is after 9PM and these (the Medal of Honor Commems...remember..the title at the top of this comment page) are still showing up at the discounted prices.

Carry on with the usual POP POP POP stuff

 
At March 30, 2011 at 2:41 PM , Blogger Connor said...

they should make a coin for each holiday

 

Post a Comment

Subscribe to Post Comments [Atom]

<< Home