tag:blogger.com,1999:blog-4433024393760369647.post7026384171836052726..comments2023-05-05T02:34:17.002-07:00Comments on Mint News Blog: Quick US Mint UpdatesUnknownnoreply@blogger.comBlogger41125tag:blogger.com,1999:blog-4433024393760369647.post-39292953052080573422010-11-01T11:26:55.994-07:002010-11-01T11:26:55.994-07:00Yeah, I saw the "Last Opportunity" secti...Yeah, I saw the "Last Opportunity" section was back, too. I also noticed that strangely absent from the list are the 2009 Presidential Dollar coin covers. It's starting to look like those silly things will languish in the catalog for years, just like a lot of the 50 State Quarter covers did! They're still quite a ways off from selling their stated maximum production of 40,000 units each. Why doesn't the Mint just put them out of their misery already?<br /><br />Yeah, Grandpa must have a lot of money and storage space (or maybe he rents a public storage unit). I just thank God I sold off all but 2 of the 100 units of 2005 Mint Sets I bought then. I was sure that "Buffalo" nickel would make those forever desirable. Back then they were selling for $25 a set! One just ended on eBay recently that barely cleared $3. The face value of the coins is $5.92! Plus, eBay takes 9% of the paltry sales price and PayPal takes another 2.9% plus .30 cents.<br /><br />It looks like I might just open and spend the last two 2005 sets and eight or so 2006 sets I have left. I'd rather do that than PAY someone to take them (which is effectively what those cheap eBay auctions amount to.)<br /><br />And what gives with those Coin & First Spouse Medal sets? The 2007's still sell for a ton, and the 2008's still sell for respectable prices despite NEVER having any published sales figures. However, the sold out 2009's (which have much lower sales numbers than the 2007's) you can hardly give away. There never seems to be a shortage of the 2009's being offered for sale on eBay, so do you think the Mint has been dropping the last "0" from the reported sales figures? I could see the lack of interest if around 100,000 units had been sold, but not around 10,000. Something doesn't make sense. There's still interest in the series, or else the 2007's and 2008's wouldn't be selling.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-84272772878173866002010-11-01T11:12:03.535-07:002010-11-01T11:12:03.535-07:00The mint has added the Last Opportunity section ba...The mint has added the Last Opportunity section back to the website with spouse and proof sets.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-13629934230950279212010-11-01T10:04:36.386-07:002010-11-01T10:04:36.386-07:00Grandpa,
Sorry to burst your bubble, but not sure ...Grandpa,<br />Sorry to burst your bubble, but not sure why you would buy 50 sets/year unless you have a really big family (or made a typo). If you took the money every year and bought CDs or put it in the stock market you'd be way ahead of where you are now.<br />You could buy "pre-owned" sets with the money you would have and have extra for retirement/ grandkid's college fund etc.<br />Where do you store your stuff? I collect only 4 sets/year for the past 40 years and storage is somewhat problematic.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-24212484601503395762010-11-01T09:05:05.233-07:002010-11-01T09:05:05.233-07:00I'll just be happy when the 5 oz. silver versi...I'll just be happy when the 5 oz. silver versions FINALLY go on sale! I was ready to buy them when silver was $18/oz. last summer. Now each coin has about $32.50 more silver value than they did then. It will really increase the price of a monster box! Yes, I plan to buy a monster box. I just hate having to pay so much more for it simply because of all the feet-dragging. You can't tell me there is a good reason why they have not gone on sale yet.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-16127468906844651512010-11-01T08:30:42.779-07:002010-11-01T08:30:42.779-07:00Really enjoy the 2012 ATB quarters. My hopes are u...Really enjoy the 2012 ATB quarters. My hopes are up for this series. I like much, much better than the State Quarters. These are much more beautiful. Especially the ones that feature wild life.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-80147851417700052952010-11-01T08:04:11.516-07:002010-11-01T08:04:11.516-07:00"How many folks really put together sets of j..."How many folks really put together sets of just Lincoln cents these days? Even if they do, unless those silly little coin folders actually have slots for the "2009 95% copper satin finish" coin, will anyone really worry or care about it?"<br /><br />Well not necessarily "these days". <br />But when new folders(and public awareness) increases there will be more demand. These things do take time.<br />In let's say 10 years from now when there are no more cents being minted for public circulation and only for collectors(like Kennedy halves) one must ask, why didn't I buy more?!! Like those who only kept a couple(or none) of 1909 vdb back then. I'm just sayin'...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-92093306839558556292010-11-01T06:35:50.644-07:002010-11-01T06:35:50.644-07:00Modern Mint sets don't really seem to apprecia...Modern Mint sets don't really seem to appreciate in the long-term. Some years have seen short-term appreciation after sell-out (a real one that is unexpected, not an arbitrary sales end-date), but they too never hold up. Just look at what happened to the 2004 set. It used to command over $70 sealed in the box, but now goes for about half of that.<br /><br />I don't believe the 2005, 2006 or 2007 sets will ever be worth any more than they are right now, and 2007 even has lots of room to depreciate. 2008 has seen some success, but will most likely suffer the same fate as 2004. Even the 2009 set will most likely sink too. How many folks really put together sets of just Lincoln cents these days? Even if they do, unless those silly little coin folders actually have slots for the "2009 95% copper satin finish" coin, will anyone really worry or care about it?<br /><br />No, Mint sets are pretty much secondary market losers. Go for the gold and silver coins instead. At least they are always worth something, most likely more than their face value. I've seen 2005 Mint sets sell so cheap, the face value of the coins themselves was higher than the price the seller got! It's ridiculous!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-51671475223047299542010-11-01T01:10:42.360-07:002010-11-01T01:10:42.360-07:00Time will tell if a particular mint set will be in...Time will tell if a particular mint set will be in demand.<br /><br />I recently bought a 1980 mint set with the 1980 S Susan B. Anthony dollar for just $5. Who would have thought it would be so cheap?<br /><br />And I bought a 1996 mint set with the 1996 W Roosovelt dime for under $20. Who would have thought it would be so cheap more than a decade later?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-81562749293418888742010-11-01T00:40:23.798-07:002010-11-01T00:40:23.798-07:00I also have been putting away complete satin sets....I also have been putting away complete satin sets.<br /> IMHO the low mintage makes the Lincoln copper '09 set very important for any penny collector. It is sure to increase in value and collectabilty.<br /> I am planning to put together a danco book to keep a complete satin set, keep some as 2005-2010 mint sets and break apart some for my coin books so they will be complete.<br /> Even though doing away with the satin finish will make my sets more collectable, I hope the mint doesn't discontinue the satin finish. I'll just have to wait till there is official news. Untill then it's just like believing those late night coin merchants when they reported it.Falconnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-16101714388668676882010-11-01T00:16:35.199-07:002010-11-01T00:16:35.199-07:00Congrats I wish I could afford to do that. Your gr...Congrats I wish I could afford to do that. Your grandkids are going to be very lucky.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-57173550022187910902010-10-31T17:48:04.188-07:002010-10-31T17:48:04.188-07:00About those 2005-2010 "Satin" finish unc...About those 2005-2010 "Satin" finish uncirculated sets: these ought to gain in value substantially in the coming years. Satins are a "must" coin type for anyone collecting coins by denomination. You must obtain each type of finish and year of production to have a "complete" set. <br /><br />In addition, these sets represent a mini-complete but short lived variety set. Imagine how many sets were broken apart by TV marketers and large coin houses. Based on published mintage figures, these sets will be a super acquistion by those with a bit of vision. For those who attach special value in unopened and Mint sealed outer cartons.....go for it! (Yup, you guessed it, my holdings include 50 sets of each year which have never been opened as is my collecting custom since 1958. The grand kids are going to have a field day in the future.) ~ GrandpaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-89995490078699674352010-10-31T17:25:54.784-07:002010-10-31T17:25:54.784-07:00How long are the proof AGEs going to be on sale? ...How long are the proof AGEs going to be on sale? Do people think they will be on sale after the new year? At this pace the fractionals will be taken off sale before a true sell out.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-82062882151781191982010-10-31T16:20:14.755-07:002010-10-31T16:20:14.755-07:002010 American Gold Eagle - 1 ounce has sold out.
...2010 American Gold Eagle - 1 ounce has sold out.<br /><br />25,000 sold. Now you have to be on a waiting list.<br /><br />Personally, I think 25,000 is a high mintage. The value really will be based on the bullion value. If gold goes up, the coin's value will go up. If gold goes down, the price will go down.<br /><br />It's not like it's a 2008 W Buffalo....Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-13849807494741991062010-10-31T15:32:29.882-07:002010-10-31T15:32:29.882-07:00To above commenter. Yes, the gooberment has been d...To above commenter. Yes, the gooberment has been dabbling in the stock market since Reagan started the PPT. I believe the PPT is on steroids now as most other gooberment operations. The PPT is the Plunge Protection Team.<br />Free markets are a thing of the past. The gooberment has its fingers in everything including metal price suppression which is on its last gasp because of the destruction of the dollar by excessive printing. Until we decide we no longer want goodies from the gooberment politicians will continue to spend. The democrats steal your money through taxes and give it to poor people, poor cities, unions, and to farm subsidies. Republicans steal your money through taxes and give it to banks, airlines, corporations, and to some degree farm subsidies and unions also.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-45868942058252507452010-10-31T14:23:22.039-07:002010-10-31T14:23:22.039-07:00"Of course gold and silver will go up in pric..."Of course gold and silver will go up in price with time. And so do the cost of homes, cars, food, etc. It's what you call inflation."<br /><br />Some years gold and silver go up faster than others. Over the past decade, the Fed has been running their printing presses overtime to cover our debt. Enter the current administration (basically the previous administration on steroids), and the dollar is taking a ride with the tidy-bowl man. The dollar will never be worth more (always less) because the number one priority of the Fed is to eliminate the possibility of deflation. Hence, gold and silver are a worthwhile investment of at least some of your financial portfolio as a hedge against uncontrollable money printing presses.<br /><br />As for the guy with the high returns on his stocks, since the current administration took office the stock market has done reasonable well considering US production is in the tank. I find that rather suspicious, and essentially a house of cards waiting to fall. Sounds like someone (probably the current administration) is propping up the market (which would explain were a lot of unaccounted for TARP money went).Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-62780175422389165262010-10-31T13:42:32.747-07:002010-10-31T13:42:32.747-07:00To: Anonymous at October 30, 2010 7:12 AM
Yes I d...To: Anonymous at October 30, 2010 7:12 AM<br /><br />Yes I do have detailed photographs. I did submit them to PCGS at each instance when I returned the coins a total of four times over several months of their processing. These problems eventually reached their CEO (Hall), and I received a very arrogant response from him at which point I retained the coins. I am planning to put together a narrative of this experience together with all of the back and forth e-mail I received from them, together with my notes on several phone calls with their staff. Then I will decide what to do. This happened about a year ago.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-57730526166249322272010-10-31T03:41:53.922-07:002010-10-31T03:41:53.922-07:00Anonymous at October 30, 2010 7:12 AM
Can you pro...Anonymous at October 30, 2010 7:12 AM<br /><br />Can you provide more information? How could the coins come back as cleaned? Are you saying that PCGS cleaned your coins?<br /><br />-------------------<br />Anonymous said...<br />Be very careful of submitting precious coins to PCGS. Please make sure you have high resolution photographs / images of the coin before submission. I have had horror experiences with FIVE (yes FIVE) gold commemoratives I sent in for grading which cam back to me cleaned and doctored after they were done with them. When I complained their response was "The coins meet or exceed our grading standards." BE VERY CAREFUL WITH PCGS.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-57434376046522437892010-10-30T16:24:02.150-07:002010-10-30T16:24:02.150-07:00I wonder is it too late to buy physical silver ? I...I wonder is it too late to buy physical silver ? It seems too expensive already . I cannot beleive it did so well! It would have been a much better investment than any thing else i know of.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-84282177727332374732010-10-30T15:27:02.408-07:002010-10-30T15:27:02.408-07:00I've noticed the highest priced recent Heritag...I've noticed the highest priced recent Heritage Auction coins have been NGC graded.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-12120737510333506802010-10-30T11:49:56.428-07:002010-10-30T11:49:56.428-07:00Grading Company Pros & Cons
PCGS:
▲ Highest R...Grading Company Pros & Cons<br /><br />PCGS:<br />▲ Highest Resale Value.<br />▲ Strict Grading Standards.<br />▼ Handling Damage & Contamination.<br />▼ Holder Design.<br />▼ Grading Fees.<br />▼ Strict or Limited Die Varity and Error Attributions.<br /><br />NGC:<br />▲ Handling & Contamination Control.<br />▲ Holder Design.<br />▲ Accommodating on Die Varity and Error Attributions.<br />▲ Slightly Looser Grading.<br />▼ Lower Resale Value - especially on moderns.<br /><br />ANACS:<br />▲ Very Accommodating on Die Varity and Error Attributions.<br />▲ Handling & Contamination.<br />▲ Slightly Looser Grading.<br />▲ Low Cost Grading Fees.<br />▼ Holder Design.<br />▼ Resale.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-74957533406766333312010-10-30T11:21:19.055-07:002010-10-30T11:21:19.055-07:00I just noticed that I have a NMI silver proof quar...I just noticed that I have a NMI silver proof quarter where the image of George Washington has a different frosted finish than that of the other quarters. The frosted finish resembles the way the proof quarters used to look before they started using the new dies that made the devices look grainy. You guys may want to check your sets for this.<br /><br />On a separate note, I recently purchased a Jane Pierce First Spouse Gold Unc and had to return it to the mint because it had faint hairline scratches on the obverse. The scratches were to the right of Jane Pierce's portrait. I then purchased another one on ebay that was graded by PCGS, and it had the same hairline scratches in the same area and the pattern of the scratches were the same! So, I believe that all of them probably have this defect. Maybe the mint is doing something different with this coin that's causing these scratches.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-66248008294788411432010-10-30T10:21:50.629-07:002010-10-30T10:21:50.629-07:00October 30, 2010 7:12 AM - I submitted 6 Gold UNC ...October 30, 2010 7:12 AM - I submitted 6 Gold UNC Buffalos, 2 Proof Buffalos and 6 2009 High Reliefs. <br /><br />4 UNC's came back MS69, 2 MS70. The UHR came back 5 MS69 and 1 MS70. <br /><br />I had an excellent experience. I chat a lot with a couple very heavy hitter collectors in the rare numismatic market (I'm talking top of the pop), and they will ONLY buy PCGS for their collections.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-3481951981261223132010-10-30T09:17:28.802-07:002010-10-30T09:17:28.802-07:00Dows not near high (14000+) and Nas
high was 5200....Dows not near high (14000+) and Nas<br />high was 5200. Stock market is just<br />a bunch of gambling day traders.<br />As far as past data, this is a whole new world. If you want to <br />toss the dice on stocks,go for it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-19405986383666071652010-10-30T09:16:42.660-07:002010-10-30T09:16:42.660-07:00If they stop the satin finish, how will we be able...If they stop the satin finish, how will we be able to tell the difference between the uncirculated and circulation ATB coin sets?<br /> If they do stop the satin finish then the 2009 set should become very collectable with the Lincoln copper pennies in it.<br /> It would be a shame to see the satins end even though the series will increase in demand. Is there any offical word from the mint?Falconnoreply@blogger.comtag:blogger.com,1999:blog-4433024393760369647.post-88536781507547686312010-10-30T07:12:48.194-07:002010-10-30T07:12:48.194-07:00Be very careful of submitting precious coins to PC...Be very careful of submitting precious coins to PCGS. Please make sure you have high resolution photographs / images of the coin before submission. I have had horror experiences with FIVE (yes FIVE) gold commemoratives I sent in for grading which cam back to me cleaned and doctored after they were done with them. When I complained their response was "The coins meet or exceed our grading standards." BE VERY CAREFUL WITH PCGS.Anonymousnoreply@blogger.com