tag:blogger.com,1999:blog-4433024393760369647.post6689531738429284430..comments2023-05-05T02:34:17.002-07:00Comments on Mint News Blog: 2009 Proof Platinum Eagle and Margaret Taylor First Spouse Gold On Sale TodayUnknownnoreply@blogger.comBlogger53125tag:blogger.com,1999:blog-4433024393760369647.post-26915833062268567652009-12-08T18:48:59.355-08:002009-12-08T18:48:59.355-08:00The US Mint is directed by congress to acquire nec...The US Mint is directed by congress to acquire necessary gold from the Treasury if needed. Why then does the Mint claim a shortage of gold when the Treasury claims it has 8,100 tons?<br /><br />see:<a rel="nofollow">http://www.izagg.com/WealthBuilding/Postings/goldinfo3.htm</a>Charleston Voicehttp://www.knology.net/~BILRUMnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-54168098178411835372009-12-07T15:10:57.203-08:002009-12-07T15:10:57.203-08:00such an ugly coin..They should call it American U...such an ugly coin..They should call it American Union instead of American Eagle.yyhttps://www.blogger.com/profile/06623574243267883420noreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-62726255533779967782009-12-05T10:44:23.941-08:002009-12-05T10:44:23.941-08:00Against my own better judgement I snuck in at the ...Against my own better judgement I snuck in at the 11th hour and bought one of each finish of the Van Buren first-spouse gold; even though it was the highest price yet for this series, the prices the Jackson Liberties are fetching persuaded me to get in before the VB's went off-sale. I've only been collecting the Liberty sub-series, primarily because of the designs ... needless to say I will be all-in for the Buchanan Coronet design in 2010.Znoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-86915189678974698722009-12-05T09:56:20.666-08:002009-12-05T09:56:20.666-08:00I should say, low-mintage issue of 4K-5K coins ass...I should say, low-mintage issue of 4K-5K coins assuming the remainder are melted, and increase in value only as tied into the spot price of platinum.<br /><br />- RaulMalonoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-69141549997881684252009-12-05T09:53:30.764-08:002009-12-05T09:53:30.764-08:00If it took nearly a year for some of the first-spo...If it took nearly a year for some of the first-spouse gold coins to only sell between 4K-7K units (depending on finish), no way will the 2009 plat proof be a sellout even with a somewhat-low mintage of 8K units. Gold will always outsell platinum due to historical demand, more pleasing color, and lower cost. <br /><br />The almost universally-reviled reverse design of the plat coin has been well-documented in this blog. As I see it, this coin has only one thing going for it: it's the first issue of a six-coin series (plus it has special packaging), so eventually there may be enough collectors who will seek it out to complete the set, but not until long after it's gone off-sale from the mint. I'm thinking sales in the 4K-5K range, which would make it a relatively low-mintage issue, but again: no demand = no increase in value.Malonoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-69333726241899590292009-12-05T09:37:00.923-08:002009-12-05T09:37:00.923-08:00I look at this beautiful coin. And men, I like it...I look at this beautiful coin. And men, I like it muy muy mucho. There are even some ladies on the coin!! <br /><br />I buy one of these nice shiny coins right away! Thank you US Mint for diversity.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-39234476664662132262009-12-05T06:40:57.443-08:002009-12-05T06:40:57.443-08:00If you're hoping to get rich quick from flippi...If you're hoping to get rich quick from flipping coins on the precious metals market, think twice...<br /><br />Last year (2008), the price of gold dropped from the $900s to high $700s. Then it shot up to the $1200s recently. <br /><br />Aside from this volatile blip, it took about 5 years for the price of gold to double from $600 to $1200.<br /><br />There are other investments other than precious metals that will give you a much better return on investment. If you're willing to take risks, then precious metals are for you. There are fortunes that can be made, and disasters that can be faced. Ask any gold miner from the California Gold Rush days....<br /><br />Ask any financial advisor about investing in gold. Don't be swayed by speculators on this blog who want you to invest your hard-earned money that will serve to profit them.<br /><br />Collect coins primarily for fun, not for profit. Any profits that accrue will be an added benefit.All That Glitters is Not Goldnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-9319491223867342882009-12-04T15:25:18.391-08:002009-12-04T15:25:18.391-08:00What!!?? It has been over a day, and the Platinum...What!!?? It has been over a day, and the Platinum Pseudo-eagle is still available. Come on!!! There have to be 8000 liberals out there that are in love with this coin and are willing to take out a third mortgage to buy up the rest of these!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-7750699785894252742009-12-04T12:19:06.135-08:002009-12-04T12:19:06.135-08:00Wow, talk about gold heading "way south"...Wow, talk about gold heading "way south"! It's down to about $1,150 now! I sure hope that carries over to the Monday London Fix prices! Maybe we'll get a price DECREASE next week for a change!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-48750428032339953022009-12-04T10:01:29.629-08:002009-12-04T10:01:29.629-08:00APMEX used to sell all of their First Spouse gold ...APMEX used to sell all of their First Spouse gold coins for small markups regardless of mintage, but those days are gone. Last summer, I bought 5 uncirculated coins (3 Elizabeth Monroes and 2 Louisa Adams) for only $555.55 each.<br /><br />The other day, they had a proof Elizabeth Monroe for a considerable mark-up over spot (I don't remember the exact number), and it sold anyway.<br /><br />Don't write-off the First Spouse series just yet. The coins bought early on in the series are providing nice returns presently. Granted, this is mostly because gold was much cheaper then, but the "Liberty" designs are breaking away from the gold value tie-in on their own. Also, the lower-mintage non-liberty 2008's are performing much better than melt as well.<br /><br />The 2009's will likely have mintages similar to the 2008's. They've still been selling quite well despite the continually rising prices. Logic would dictate that sales would suffer because of this, but the continuing sales could be indicative of a more loyal collector base than the series is given credit for.<br /><br />Just keep an eye on the mintages and the trends. If you have the extra money to pick some of these up, (and you won't suffer should gold spot head way south) you might want to consider it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-65873860349478096672009-12-04T07:33:13.658-08:002009-12-04T07:33:13.658-08:00Anon 6:57 again:
History teaches us lessons:
The ...Anon 6:57 again:<br /><br />History teaches us lessons:<br />The old commemorative silver coin value had little to do with the price of silver (and still doesn't).<br />The Antietam had higher mintage than the Albany or Vancouver, but it had a more pleasing design (check it out yourselves if you haven't seen them). The Antietam has always commanded a premium for this. The Pan-Pac had a low mintage, but higher than many, but for many reasons including its beauty commands a nice premium.<br />The unattractive balding white guy on the low mintage Bridgeport kept the values down, while the historic and pleasing obverse and reverse of the Gettysburg (with a higher mintage than the Bridgeport) commands much higher premiums.<br />Overall, the lower mintage classic commemoratives no matter what they looked like had a higher value than higher mintage productions, but aethetics/ historical interest have always played a role in value.<br />If you carefully study the classic silver commemoratives it can teach you a lot about choices for today.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-74971862795321208842009-12-04T06:57:49.234-08:002009-12-04T06:57:49.234-08:00Gold is down below $1200 as predicted. It's t...Gold is down below $1200 as predicted. It's too bad numismatists are so focused on the price of precious metals.<br /><br />My suggestion: Buy and sell bullion if you want to follow precious metals (you'll do far better) and get off of these blogs!<br /><br />If you really like coins, then please focus on their beauty (or lack thereof), design, mintage and the things we have been doing for years.<br /><br />The platinum proof is a loser because of its poor design and extreme high price. I don't care if it has a white man or not, but the design is not very aethetic. Why not a large bald eagle with smaller figures of multiculture folks below it?<br /><br />An $1800 coin will always have a way higher downside than upside.<br /><br />I'd like to see some inteligent posts by Michael daily instead of these off topic blogs.<br /><br />Maybe he should require us to not post anonymously.<br /><br />I think there are no great options now to buy in precious metals.<br />Buff: too expensive and not the most pleasing obverse mintage far beyond the'08 now.<br />UHR: way too expensive and hate the 1/2 ounce diameter look (give me an unc St.G anyday over this!)<br />Proof Plat: Enough said.<br />Gold spouse: May be the best bang for your buck. The Liberties (only avail on aftermarket) are currently the best "deals".<br />The lincoln cents may be sleepers, but the '96 w dime as a comparison "coin of interest" has only done ok.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-17631152423692198572009-12-03T22:20:21.971-08:002009-12-03T22:20:21.971-08:00It will be interesting to find next Tuesday when M...It will be interesting to find next Tuesday when Mike will give us an update on this Platinum coin and the word is "sold out".<br />I know a few people in my office who were buying 5 coins. And my office is relatively small (about 60 ppl). Most of them were carried away with the non-existent eagles proof gold or silver. This plat could have a potential.Thttps://www.blogger.com/profile/03948606434827976384noreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-55847255480308728672009-12-03T21:57:54.456-08:002009-12-03T21:57:54.456-08:00I sat down the other day and gave this a long hard...I sat down the other day and gave this a long hard thought. At first I was going to buy one without even thinking about it but now after looking at the mintage, etc I think I am going to pass on this plat eagle for 2009. The mintage really is not that low compared to other years and I would still rather save my money and keep looking for a Burnished Uncir 2008 set of Plats. I might be making a mistake by not buying this coin, if so I will kick myself next year..lolMarkhttps://www.blogger.com/profile/04489836464975812924noreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-39600955092294492392009-12-03T19:57:26.556-08:002009-12-03T19:57:26.556-08:00The Spouse series might seem like a loser right no...The Spouse series might seem like a loser right now, but think about how impressive it will be to have the entire collection at the end! I intend to have a complete set of both Proof and Uncirculated, unless gold gets so ridiculously high that I simply can't afford to buy them anymore. I hope that day never comes.Bradnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-1958324991676400142009-12-03T19:18:27.069-08:002009-12-03T19:18:27.069-08:00This is anon 1:01PM again.
Ooops. I knew that I ...This is anon 1:01PM again.<br /><br />Ooops. I knew that I shouldn't have trusted my public education. Just like I don't trust my (future) public health care system.<br /><br />You get my (off by a factor of 10) drift. If you are seriously interested in making money fast, PC platinum is not the way.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-46873969310918668532009-12-03T18:06:51.956-08:002009-12-03T18:06:51.956-08:00I agree with the post about the Liberty Spouses. M...I agree with the post about the Liberty Spouses. Many of the Jefferson Liberties were purportedly melted so the number out there is hard to know. Both Jefferson and Jackson were well known and the coins should eventually do well. Van Buren and Buchanan are more or less unknown, but the images on the obverse of these coins is outstanding. I've got a few Jeffersons I purchased when the price dipped, and a couple of the others (except obviously Buchanan which won't be released until around September 2010).<br /><br />It's a long way off, but if gold and the economy are where they are today, Buchanan will be the low mintage of the Liberty series by far.<br /><br />I'm going to go way out there on a limb and predict that the spouse series will be prematurely concluded by congressional authority. Cutting the AGE and ASE proofs and leaving this spouse series going is just crazy to me. This series on the whole is a money loser.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-24863101548063778562009-12-03T17:45:55.881-08:002009-12-03T17:45:55.881-08:00"Lastly, any coin from anywhere in the world ..."Lastly, any coin from anywhere in the world always has a great appreciation if it is the last year that the coin is being produced."<br /><br />This is NOT true at all!<br />The 1921 Morgan Dollar was the last year produced, and almost 90 years later it is worth only slightly more than melt value in circulated condtion! You would have been a complete fool to hold onto '21 Morgans in 1921 (or for years to come). They haven't even kept up with inflation until recently!<br /><br />The best bet as an investment (regardless of gold prices) now I believe are the Liberty Spouses. I think the Van Buren, Jackson and even Jefferson will soar in value due to #1-low mintage #2-beauty of coin #3-historical value (nice remakes of the original Liberty's of the age) #4-half ounce of fine gold.<br /><br />I'm putting #4 at #4 since the other three points should spark the collectability value over time.<br /><br />I've always been in awe of the Goldbrecht seated Liberty. Very rare and pricy to find in mint condition. Now I own a perfect Goldbrect produced from the USMint called the Van Buren Liberty!<br /><br />Any thoughts Michael?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-39694857968264925882009-12-03T17:45:03.243-08:002009-12-03T17:45:03.243-08:00T0 1:54
Don't make tp much conclusions from go...T0 1:54<br />Don't make tp much conclusions from gold going down by 10$. There will be some profit taking along the line. There is not much support for the value of the dollar out there. As it stands now foreign central banks intervining to actually hold the dollar's value. In current situation with talks about second stimulus , keeping money in the bank for almost 0% interest is not logical to me.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-30139758182727323972009-12-03T17:13:03.343-08:002009-12-03T17:13:03.343-08:00I just buy what Michael says he's buying. Tha...I just buy what Michael says he's buying. That way I know who's to blame.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-78486556096833922692009-12-03T15:53:29.030-08:002009-12-03T15:53:29.030-08:00I'm holding off until next week hoping the pri...I'm holding off until next week hoping the price drops on the Platinum Eagle. I having my doubts about this purchase. It would be nice if the Mint would limit this Platinum proof series to a maximum of 8000 per year, but instead they'll probably mint 5 times the amount next year making this one the most valuable. If they came out and said only 8000 per year, I wouldn't hesitate purchasing one. In my opinion It would boost the value of the complete series and not just one. ARE YOU LISTENING MOY?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-52541016070746500582009-12-03T15:52:11.693-08:002009-12-03T15:52:11.693-08:00"who's your math teacher? Glen, Sarah, Ru..."who's your math teacher? Glen, Sarah, Rushie?"<br /><br />Naw...sounds like the same idiots that are doing the math on the financial benefits of a socialist healthcare system which will "make money for the government". What a joke. Mind you, this is the same government that is selling gold SPOUSE coins and racist diversity coins. Ha!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-20752394264337161702009-12-03T15:26:04.639-08:002009-12-03T15:26:04.639-08:00Its all about the fractionals. Not only are they ...Its all about the fractionals. Not only are they hot but it makes sense as well. Their is a small chance that the mint might start making the 1 oz coins again but the fractionals are definately out. Second, the fractionals are more affordable to the masses vs the 1 oz coins. Third, the mintages are extremely low for all these coins. Lastly, any coin from anywhere in the world always has a great appreciation if it is the last year that the coin is being produced. But the buffalo 08 UNC and PR's are going to be the real winners in my mind.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-5425910057601563022009-12-03T14:36:18.289-08:002009-12-03T14:36:18.289-08:00Of all the 20+ '08 $10 1/4 gold eagles for sal...Of all the 20+ '08 $10 1/4 gold eagles for sale on ebay right now, there is only one proof version represented, the rest are all the 'ever so rare' ms version. Thats like a 1/20+ ratio.<br />Kinda makes me wonder which ones<br />really the rarest coin??? <br />Just Wonder'inAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-83549607856013438482009-12-03T14:22:51.795-08:002009-12-03T14:22:51.795-08:00Which is a better investment? Buying more 2008 w ...Which is a better investment? Buying more 2008 w buffs, or the 2009 proof platinum. Have the 2008 w buffs maxed out in price?? Will the 2009 platinum be a sleeper? Has the "bubble" popped? It's hard being a responsible middle class long term collector with a sappy vision of having a stellar collection in +30 years.Anonymousnoreply@blogger.com