United States Mint announces designs for World War I Centennial Silver Medals

WASHINGTON – The United States Mint today revealed the obverse (heads) and reverse (tails) designs for five silver medals that will be issued in conjunction with the 2018 World War I Centennial Silver Dollar. Each medal, composed of 90 percent silver, pays homage to branches of the U.S. Armed Forces that were active in World War I. Design descriptions and the respective minting facilities are below.

Hover to zoom.

World War I Centennial Army Medal – West Point Mint
The Army medal design depicts a soldier cutting through German barbed wire, while a second soldier aims a rifle amid a shattered landscape of broken trees and cratered earth. A shell explodes in the distance. The medal’s reverse design features the United States Army emblem in use during World War I, with the inscriptions OVER THERE!, CENTENNIAL OF WORLD WAR I, 2018, and UNITED STATES ARMY.

The obverse was designed by U.S. Mint Artistic Infusion Program (AIP) designer Emily Damstra and sculpted by now-retired U.S. Mint Sculptor-Engraver Don Everhart, who also designed and sculpted the reverse.

World War I Centennial Marine Corps Medal – San Francisco Mint
The Marine Corps medal’s obverse design depicts the aftermath of the Battle of Belleau Wood. One Marine stands guard as the other kneels to pay respect to the fallen. The inscription quotes a report to the American Expeditionary Forces: WOODS NOW U.S. MARINE CORPS ENTIRELY

The medal’s reverse design features the World War I-era version of the Eagle, Globe, and Anchor emblem with the inscriptions CENTENNIAL OF WORLD WAR I, 2018, OVER THERE!, and BATTLE OF BELLEAU WOOD. The obverse was designed by AIP designer Chris Costello and sculpted by U.S. Mint sculptor-engraver Michael Gaudioso. The reverse was designed and sculpted by U.S. Mint sculptor-engraver Joseph Menna.

World War I Centennial Navy Medal – Philadelphia Mint
The obverse design of the Navy medal depicts a U.S. Navy destroyer on escort duty after deploying a depth charge in defense of a convoy.  Above the destroyer, kite balloons provide Navy personnel a platform to spot submarines and other dangers. The inscription “OVER THERE!” appears at the bottom of the design. 

The medal’s reverse design features an Officer’s Cap Device* used in World War I. Inscriptions are UNITED STATES NAVY2018, and CENTENNIAL OF WORLD WAR I. (*Note: An official, uniform seal of the United States Navy had not been adopted at the time of World War I.) The obverse was designed by Chris Costello and sculpted by Michael Gaudioso, while the reverse was designed and sculpted by U.S. Mint sculptor-engraver Renata Gordon.




World War I Centennial Air Service Medal – Denver Mint
The obverse of the Air Service medal design depicts the iconic SPAD XIII, a World War I fighter flown by many Americans and valued for its speed, strength, and firepower, viewed from the top and side. The inscription SPAD XIII identifies the aircraft. 

The medal’s reverse design features the Military Aviator Insignia with the inscriptions CENTENNIAL OF WORLD WAR I, 2018, OVER THERE!, AIR SERVICE, and AMERICAN EXPEDITIONARY FORCES. This obverse was designed by AIP designer Ronald D. Sanders and sculpted by Joseph Menna, who also designed and sculpted the reverse.

World War I Centennial Coast Guard Medal – Philadelphia Mint
The obverse of the Coast Guard medal depicts a lifeboat from the Coast Guard Cutter USCGC Seneca heading out in heavy seas toward the torpedoed steamship Wellington.

The reverse design features the World War I–era Coast Guard emblem, with the inscriptions CENTENNIAL OF WORLD WAR I, 2018, and OVER THERE!

Both the obverse and reverse of the Coast Guard medal were designed and sculpted by U.S. Mint sculptor-engraver Phebe Hemphill.

Each silver medal will be paired with a World War I Centennial silver dollar and offered as a special set. These medals will not be available individually. Additional information about these sets will be available prior to their release in 2018.

About the United States Mint
The United States Mint was created by Congress in 1792 and became part of the Department of the Treasury in 1873. It is the Nation’s sole manufacturer of legal tender coinage and is responsible for producing circulating coinage for the Nation to conduct its trade and commerce. The United States Mint also produces numismatic products, including Proof, Uncirculated, and commemorative coins; Congressional Gold Medals; and silver and gold bullion coins. Its numismatic programs are self-sustaining and operate at no cost to taxpayers. The Mint is celebrating its 225th anniversary in 2017 (#USMint225).

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Comments

  1. Hidalgo says

    Some (not all) of the line designs on these medals are more appealing than the winning design on the WWI silver dollar coin.

    A set of five 90 percent silver medals… I can only speculate that the set of medals will cost around $200. I will pass.

  2. KCSO says

    I’m reposting the following as I put time and energy to bring some value to these comments, albeit as off topic as it may be, and so unlike the Masters of the Obvious –

    KCSO says
    OCTOBER 11, 2017 AT 6:03 PM

    It’s Product Review Time here on MNB boys & girls..,

    Palladium Eagle –

    – Kudos to the Mint! Outstanding Execution, this Baby is Georgeous! The high relief is profound, device elevation is impressive, it’s very well struck, and this baby is thick!

    – I regret not being greedy and grabbing another, and anticipate that the Proof ( if under 12k struck @ ~ $14,000) will be a 2 hour sell out.

    Scotland’s Beast –

    – Gold and Silver are well struck, the design looks better than the line art, Obverse has new field across all options that transposes better, and just another winner. Looking forward to the arrival of the 10 oz’ers

    Provident’s Centennial Walkers –

    – These are the ones they were offloading at $690 – honestly it appears they were never opened by looking at the packaging, and well struck. And they threw in a Zombuck Morgue Anne Key Chain – Win, Win

    2017 LESPS –

    – Shipping – the frigg’n idiots at fulfilment put in one strip of the green bubble wrap for the sets in a box that is 2x bigger than the LESPS sets, which got all banged up. I swear these clowns couldn’t find their way out of McDonald’s playground! How precious is a strip of bubble wrap???

    – LESPS Sets – THEY ARE DIFFERENT THIS YEAR. Each coin is housed in its own capsule which can be removed from this card board carriage. The carriage DOES NOT LOOK like anything on the mint’s website, the carriage is cardboard with felt, and their is NO integratity of coins housed in the sealed plastic case like before.

    – I like that the ‘S’ pops out in its own capsule, though the cardboard carriage is CHEEZY. I personally don’t like the set as a whole, I’d prefer all coins in a sealed plastic ensemble as a complete set.

    – There’s no set integrity, therefore I’d give the set upgrade a 👎 on general presentation. The premium for the cardboard is a disappointment.

    – Beware, anyone can get a 70 set with the new presentation carriage, because the coins can be interchangeable. Buy the set for the ‘S’ and dump the rest. Though Jack does look good on these.

    Hope this helps you make an informed decision, this my assessment of coins bought with my hard earned money, happy collecting!

    One more point on the Pd 🦅 –

    – this sucker is chunky thick and I just held it raw with gloves on.., it just feels good and makes ya smile. The U.S. Mint has a winner is this design and specs.

  3. Tinto says

    @Hidalgo
    “A set of five 90 percent silver medals… I can only speculate that the set of medals will cost around $200. I will pass.”

    Nope, the Mint sez they ain’t gonna sell the medals by themselves, they are saying you gotta buy one WWI coin for each medal …. s**k big time there

  4. smalltimecollector says

    I rather like some of these designs in contrast to the coin. THe Marines has too much blank around the words, I like eddies plane and the Army medal has a soldier with a stunning resemblance to Gilbert Gottfried.

  5. Tinto says

    The designs on these medals are so much better than that of the coin I like the way they showed the barbed wire on the Army medal .. … you can even make out the details on the uniforms ..whereas on the coin I can’t even tell if the soldier is wearing a uniform ..

  6. smalltimecollector says

    Out of curiosity just how do the so called authorized dealers of (coins like) the palladium eagle distribute the coins.
    Do they go through and cherry-pick, sell blocks of less than ngc 69’s to dealers along with graded coins to stratify values using the labels to incur some sort of rarity to peak values? Are these peak values designed to pull along the lesser examples so that the public is basically fleeced as the “industry” eeks out as much profit (a’la quarterly corporate dividends) that they might?
    It appears there are all sorts of plastic encased offerings on coin sites and auction sites,. Yet my lowly unc languishes as it travels to and back from the encapsulators to be finally deemed not worthy of garnishment. Only then will it be sent to me and others whom chose to pick up this interesting coin without others christening. Well traveled, handled and a little less uncirculated than envisioned.
    I’ve been watching as this coin emerges on the market and as I await my (likely) <69 that was bought and paid for weeks ago. I typically buy from the mint, with their liberal return/exchange policy I am almost guaranteed a nice example. Why, with this coin, do I feel (icky) like a sports fan winding my way through scalpers as I attempt to gain entry to a stadium. Will my prize be a lipstick wearing pig?

  7. Qui Transtulit Sustinet says

    Louis,

    Did you purchase your QB wooden box from Canada (TCS)? Or is it available in the US?

    Sounds nice and I would like to get one.

    Thanks.

  8. Sith says

    @Buzz Killington

    “Why are Republicans trying to repeal the estate tax?”It’s their nature….The answer can be found in the parable of the scorpion and the frog.” Saying that IMHO its a slight of hand, it does not matter if it gets repealed or not, it is bargaining chip, and a way to spin up the masses. IE politics. Then add “many estates face administrative costs associated with planning around the tax.”

    “I don’t understand why these issues have to be partisan, but they apparently are.” – They are only partisan because its only bad when the other guy does it, when we do it is a good thing. In a nutshell hypocrisy

  9. Sith says

    Once again the medal designs are better than the coin(s). Saying that I’m not sure what destroyer the Navy medal represents, most, if not all WWI destroyers were “four-stackers”

  10. KCSO says

    Vince – here’s your Specs: 34mm x 3.5mm

    For comparison, I just played around a ’15 HR and 2 oz Beast capsule, not happening.

    I think we’ll have to do some homework. Anyone find something suitable, please post –

  11. KCSO says

    American Liberty 225th Anniversary Silver Four-Medal Set –

    This thing launches in a week –

    What’s the thought on this.., early Sell Out? Linger for a year or more?

    What’s the general thought on this one? This one is throwing me for a loop..

  12. Gary says

    All designs very pleasing and appropriately dignified for the WWI Centennial.
    My favorite is the dramatic USCG rescue scene.

  13. KCSO says

    Vince – coming up with a big goose egg.

    The Canadian Palladium Maple is Capsule Dimensions are: 1.33″ (34mm) diameter x .1.25″ (3.17mm) depth – though it’s capsule won’t work.

    I’m actually looking at challenge coins and associated caps. I found the right size challenge coin on the bay, though with no capsule. I’l have to go through my stack of challenge coins later to see if something will work.

  14. KML in KY says

    KCSO – I suspect the Mint will drop the HHL the next day on the medals like they did on the LESPS but I don’t expect them to sell out quickly. As bad as the modern coin market is they may not sell out at all. That’s my guess. I don’t see flippers jumping on these too much with a 50K mintage.

  15. Dustyroads says

    smalltimecollector, Nicely written. Feels like I’m reading a clever news article.

    Unfortunately, yes. You can be assured that the Pd Merc you receive will have already been culled over.

    That was one of the reasons I paid too much yesterday for a graded example.

  16. JARHEADnFLORIDA says

    @ KSCO- Thanks for the specs, I called APMEX about this mistake , will let you know what their response is.

  17. cagcrisp says

    @KML in KY . “As bad as the modern coin market is they may not sell out at all. That’s my guess. I don’t see flippers jumping on these too much with a 50K mintage.”

    I Agree Completely.

    My guess is that Most of the current sales numbers for the Single Liberty medal (46,462) are Not Flippers and Surely Not Investors but just people that want ONE or they are buying for Gifting like they do proof sets, proof and uncirculated ASEs and commemorative silver dollars.

    I don’t see these selling out for some time and it doesn’t really matter if they do or not because it will be like Most Modern Mint products….Dead Money when you factor in Lost Opportunity Costs…

  18. Dustyroads says

    However, Mikes coin looks very nice. I wish I could have been able to get these while they where less expensive. Oh well, I guess I’ll just have to rely on the power of the paper label to uphold price going forward.

  19. KCSO says

    Thanks KML, yeah I just can’t get past that $200 price tag.

    Mike – thanks for sharing.., she looks like a beaut!

    If Pd continues on it’s tear.., I’ll be feeling real good about paying the $114 premium.., well, for as long as that lasts, anyway.

  20. says

    Mike, nice coin indeed. However, even the ones on ebay the pl. designation do not look proof like to me. To me these so called proof like coins just have an awesome luster. I think a better designation would be something like “Ultra MS70”.

    I have some 5 oz atb.s with the Proof like designation and you still have a mirror like finish.

  21. says

    @Louis, regarding the Boy Scouts accepting girls made me think how ironic that the Mints commemorative Boy Scouts coin had a girl on it. We all rightfully complained at the time.

  22. JARHEADnFLORIDA says

    @KCSO- APMEX will not have the palladium eagle capsule in the foreseeable future. They need to stop pushing products that are not as advertised.

  23. JARHEADnFLORIDA says

    @KCSO- I forgot to mention thanks again for those specs. They were pushing the 34mm capsule that will not work.

  24. KCSO says

    Good to know – much appreciated! I know we’ll find a capsule, I think I have challenge coin or two in them that may work. Need to find the source.

    I sent APMEX a note to ascertain if they’ll carry the Beast Box; The Coin Shoppe has raised their price from an initial $53-$57 to now $64 and kicked out the availability date to November.

    Someone else will carry it soon, they always do…

  25. KCSO says

    👍

    Yeah, that extra 1mm on the width makes a big difference.

    I really wish the U.S. Mint would do a much better job at supporting their products like offering their OEM capsules for sale, and the like.

    I’m not goin to wait until the Proof Pd to grab a cap that will fit.

  26. Mike says

    Fortunately, palladium is more scratch resistance than even platinum ( though a bit more brittle). But I agree, I want an appropriate capsule for mine. I’m done handling it till that time come. It’ll be interesting to watch its patina grow, I’m guessing it might darken like tin. If enough heat is applied it will patina quicker. The thrills of a new material!

  27. Hidalgo says

    https://catalog.usmint.gov/american-liberty-225th-anniversary-silver-four-medal-set-17XD.html?cgid=225th-anniversary-collection#start=1

    American Liberty 225th Anniversary Silver Four-Medal Set
    Four ounces of silver for only $199.95

    Mintage Limit: 50,000
    Product Limit: 50,000
    Household Order Limit: 2

    DESCRIPTION
    2017 marks the 225th anniversary of the United States Mint. To mark this momentous occasion, we are proud to introduce the American Liberty 225th Anniversary Silver Four-Medal Set featuring four silver medals each with a unique finish and mint mark:

    The proof medal carries the S mint mark of San Francisco
    The reverse proof medal carries the P mint mark of Philadelphia
    The uncirculated medal carries the D mint mark of Denver
    The enhanced uncirculated medal carries the W mint mark of West Point
    This set features stunning silver medals with designs representing liberty—one of our country’s abiding principles since its founding.

  28. Louis says

    Xena- I got my beast box from the Coin Shoppe in Canada, which has very reasonable shipping to the US via the USPS in Niagara Falls. MCM will be carrying a glass-top box soon for these coins, but that is all I know about that.

  29. smalltimecollector says

    Thank you Dusty roads. My career as an engineer required legal and sometimes entertaining technical writings. Retired now, I can’t stop.
    Mike thank you for the pics! I suppose the extra thickness is required for the high relief (much like the uhr double eagle). With 115k minted it’s not a rarity and the Pd holding additional interest I can see it’s desirability/collectiblity to make it more than a commodity coin. I may have to step uo to pay a premium if the one I *finally* receive is n/g.

  30. Louis says

    I contacted David Ryder, Trump’s nominee to be the Mint’s director, about whether he is a collector. He said he does have a collection mostly acquired during decades of travelling.

  31. joe says

    The discussion on finding a palladium eagle coin capsule is very interesting. I would be happy to use a larger air-tite; however, this coin is just too thick. I’m also interested in any ideas anyone has for a suitable capsule.

    On a related note, I really like this coin and the market seems to agree. I was able to pick one up from PM when it was first released for around $1040, but now it’s selling for closer to $1200. Not too bad…

  32. TomP. in Va says

    On March 29 this year, MNB posted an article on the CCAC recommended WW1 medals, I was pleasantly surprised to see the Army design was completely changed, The old choice was just a soldier standing with his rifle in front of a flag, There was no sense of sacrifice. of the importance of remembering that war (and the following creation of the Peace dollar because of the ” War to End All Wars”).
    How was the new design chosen? And was it part of the initial submitted designs?
    As I had posted at that time, my interest was heighten by the service of my grandfather. I believe this final design better reflects his service.

  33. old sailor bill says

    Will the mint be putting out a bronze WW-I medal set or single bronze medals ? It would be great for us medal collectors. I’m pretty sure silver set will be over $200.00 !

  34. Tinto says

    @old sailor bill

    The silver set’s probably gonna be close to $400.00, since the dear Mint requires that each medal must be sold with a $1 WWI commemorative ….. monopoly power …

  35. Tinto says

    I should reword … Mint sez “you wanna buy a medal, you gotta buy a WWI $1 commemorative (proof?) too .. otherwise no sale ..”

  36. Mike in NY says

    I just received the raw Pd Eagle I ordered as a presale on 9/22 from SD Bullion. The coin is perfect – nicer than many graded 70’s I have seen. SD Bullion is now charging about $400 more for the same raw coin but is currently out of stock. Glad I purchased one when I did. It was definitely worth the wait.

  37. Qui Transtulit Sustinet says

    For those interested, APMEX has had the ‘Trump Rally’ George Rogers Clark ATB puck available on Pre-Sale, since at least last evening.

    I’ve seen it in the $106.05-$106.20 price range for a single (w/capsule) with e-check, and picked one up.

    Not a bad design, and no one can complain about it having a bird on it.

    Would be interested in hearing who else eventually offers the Mint issued QB wooden display box.

  38. Buzz Killington says

    Add me to the list of people who will be interested to hear what size Air-Tite will work for the Pd Eagle. I think some version of a ring-type Air-Tite is likely to work best. They have started to make thicker capsules now with the proliferation of different silver rounds.

  39. Mike says

    Just got my 2 LEPSE sets. Glad I got 2. One is perfect, one not so much. Scratches on the dime, uneven strike on the Walking Liberty, rim is uneven.

  40. Ridgerunner says

    I’m not fond of the medals but if I pick up any it will probably be the Navy, since the only medal I own is the Bronze 3″ U.S. Navy 200th Anniversary. I got out of the Navy in 1975 and was aboard the Big E (CVN-65) which is on the obverse.
    I did buy the Coast Guard medal for my dad, he retired from the Coast Guard Reserve plus he did 7 years in the U.S. Navy (1941-1948)

  41. says

    Email from the U. S. Mint just received, Titled –

    Final Product Marking the Mint’s 225th Anniversary Goes on Sale on October 19

    Well.., that answers that!

    That’s all she wrote for the 225th –

    Sad!

    If they don’t appoint some real leadership ASAP, this ship has truly sailed like the HMS Titantic, aka USPS

  42. Western Sage says

    In general I like these, but have a couple of comments. The Army medal should drop the exclamation point following Over There. It looks quite strange in such a small font size. I also would prefer that the Mint stop producing medals simply because it isn’t authorized to produce enough silver dollars; it should instead work hard to get legislation passed that would allow it to produce legal tender coins in enough varieties to meet the needs of a country with as long and proud a history as the United States!

  43. Dustyroads says

    OT, Special thanks to Pat Stovell of Lois and Don Bailey & Son for getting me one of the mere 200 BU Libertad silver Kilos. These are not easy items to get ones hands on.

  44. Erik H says

    Mike in NY,

    I’m waiting for my Pd order from SD, I hope mine is as good as yours. I’ve never order from SD before but they were the only place I could find a raw Pd eagle after everybody else sold out. I should have bought sooner but I’ve been dealing with the aftermath of two Cat 5 hurricanes and just recently returned to the states. Procrastination (and lack of power / internet) cost me probably $100 but the palladium price has added almost that much over the last week so it’s OK. Hopefully Pd doesn’t drop back to $600s again.

  45. DBR says

    @ KCSO re who is in on the 225th Anniversary 4 medal Liberty set…

    I want to be on board and in for one set. Price seems steep but I really really like the multi-finish specimen sets like this and the 4 Kennedy half dollar sets. Beautiful!

    My question is: Why does the Denver mint always get the most basic and common strike/finish?

    The S, P, and W mints get all the pizazz. Is the D mint always plain Jane?

  46. DBR says

    I share some of KCSO’s incredulity and slight disappointment that after the 4 medal Liberty set, that this is all she wrote for acknowledging the 225th Anniversary of the U.S. Mint. We won’t see Anniversary products likely for the next 25 years, so that’s why I was purchasing most of this year’s 225th Anniversary products.

    As many here posted, that the mint should have struck some retro designs going back to 1790’s. What I’ve noticed in branding and commercials is that some companies do quite well promoting their history and stability as a company. It’s not just nostalgia. Many youth today enjoy the retro looks of the past and value the long tradition of a company. The mint certainly would have been keen to that vibe had they minted some Anniversary coins with a truly vintage classic design(s).

    Especially if these Anniversary coins were like modern replicas struck on the hand presses. I’m telling you collectors like that “archaic” touch to collectibles. It employs the snob effect. Very desirous among collectors. They love exclusivity.

  47. KCSO says

    APMEX responded to my inquiry on the Beast Box.., they do not plan to carry said presentation cases at this present time, though that position is subject to change.

    DBR – very well put and agree whole-heartedly!

    WRT to the ‘D’ plain jane finishes, I believe it boils down to the manufacturing equipment on sight. I do know that the lasers that are utilized in the enhancing process reside at ‘W’ therefore why they produce the enhanced coins in numbers.

  48. KCSO says

    cagcrisp says
    OCTOBER 10, 2017 AT 3:27 PM

    What’s Up with this????

    The 2017 1 oz. Unc Gold…

    After 14 weeks of cumulative sales at w/e 09/03/17 the sales were 2,968
    After 19 weeks of cumulative sales at w/e 10/08/17 the sales were 5,320

    That’s 5 weeks sales of 2,352 or 79% Increase in the past 5 weeks.

    There has been 2.2 x as many sales in the past 5 weeks vs. the previous 13 weeks.

    Anyone want to tell me the Last time you saw a Gold item that wasn’t up against a hard date deadline go up 79% in 5 weeks vs. the previous 14 weeks?…

    Well, someone knew something.., ’cause that baby is gone!

  49. MarkInFlorida says

    Some people collect coins for the pure enjoyment, not caring if the value goes up or down. Others collect coins in the expectation that they will be worth more in the future. Medals like these are for the former and not the latter.

  50. cagcrisp says

    This has been Debated before on this blog. It has Always been my opinion that there is a Lot of information that leaks out of the Mint that is Privy to a Select Few and ONLY a Select Few.

    In other words there is No Transparency with the Mint.

    Perfect example is the 15,000 minted for the Palladium that was Never Announced by the Mint and yet 15,000 is and has always been the number.

    Another Perfect example is the Insiders that Leaked out the Pulling of the 1 oz. Gold Uncirculated.

    Someone Knew this was happening 6 weeks ago and Reacted accordingly.

    This is the Soonest the 1 oz. Gold Uncirculated has been pulled in Years.

    The w/e sales of the 1 oz. Gold Uncirculated was 5,320 as of 10/08/17

    The All Time Low for the 1 oz. Gold Uncirculated has been 5,829 recorded in 2012.

    Will be Interesting to Know IF the Insiders ALSO knew if the Mintage would be an All Time Low as well.

    This is just Wrong on So Many Levels…

  51. cagcrisp says

    You can Look at a chart of Silver and Gold and see the Effect of a Weak Inflation number that was released this morning.

    Inflation numbers, weak or strong, are a main factor as to whether the Fed will continue to raise or not raise interest rates in 2018.

    Most believe a Fed rate hike is baked in for December. The Question has always been what will happen in 2018.

    Whatever Odds you had for rate Increases in 2018, they just went down somewhat because of Today’s numbers.

    Before the Number was announced the 10 year was 2.33%. Immediately after the numbers and the 10 year went to 2.28%.

    That’s major.

    Bank stocks are taking it hard…

  52. Throckmorton says

    @Cagcrisp – the 1 oz gold unc was the one you commented on earlier as having a mysterious jump in sales in recent weeks, wasn’t it?

  53. cagcrisp says

    @Throckmorton, Yes it was…Sales Jumped 79% in the past 5 weeks after previously being on sales for 14 weeks.

    Sales for the past 5 week period were 2.2 x the sale for the Entire previous 13 weeks…

  54. The Real "Cool" Brad says

    @Louis, with your kind of connections, I think it would be a good article to investigate this obvious insider information passed along with the uncirculated gold 1 oz. It would probably just be denied, but I’d like to see if they would deny it on record.

  55. says

    That’s great analysis Cag –

    Whom ever was buying was buying with conviction, based off something they thought they new.

    Never in my years of following these sales numbers have I seen anything like the last few weeks of sales on this AGE UNC.

  56. Throckmorton says

    I collect the “W” gold. It has been my practice to order the coins as soon as they became available so I lucked into the 2012 one ouncer. Same with 2017 I suppose.

    What Cagcrisp has noticed and revealed reeks but I’m not sure it can ever be controlled. I remember hearing about coin dealers paying treasury workers with vault access to burn cigarette holes in the silver dollar bags to help identify which one held the better dates and fulfill the dealer’s order accordingly.

  57. cagcrisp says

    Using the w/e pricing and w/e sales numbers for the 1 oz. Gold Uncirculated for the past 9 weeks you can see where the Word got out…

    ~ Gross Revenue for the last 9 weeks for the 1 oz. Gold Uncirculated…

    8/13/2017 $77,175.00
    8/20/2017 $56,700.00
    8/27/2017 $53,550.00
    9/03/2017 $83,475.00

    9/10/2017 $1,387,750.00
    9/17/2017 $1,100,125.00
    9/24/2017 $58,500.00
    10/1/2017 $92,925.00
    10/8/2017 $1,143,450.00

  58. Louis says

    Cag- What is the basis or evidence for “Someone Knew this was happening 6 weeks ago and Reacted accordingly”?

  59. Throckmorton says

    I suppose a key indicator will be which dealer offers up large quantities for sell at “special” pricing.

    Can you you see population jumps at the TPGs?

  60. samuel says

    just received my $1209 w/CC Pd MS-70 eagle. The coin is beautiful, but the rim has some wear marks. Generally, exceeds my expectation.

  61. HarryB says

    Off topic: Does anyone know if the Mint has a Manager or Executive of whatever title than is responsible for the bulk sales of products? I figure the Mint pushed the W burnished Gold Eagle with calls to its best bulk sales customers, nothing more devious.

  62. cagcrisp says

    @HarryB, “Does anyone know if the Mint has a Manager or Executive of whatever title than is responsible for the bulk sales of products? ”

    Here is your answer…

    “The United States Mint is seeking to fill the newly created position of bulk manager to oversee and boost sales of the bureau’s numismatic products through bulk purchases.

    “We want to ensure we provide good service to the bulk dealers we work with,” according to U.S. Mint spokesman Michael White.

    The new position of bulk manager, Sales Operations Branch, is located within the Mint’s Numismatic and Bullion Department.”

    https://www.coinworld.com/news/us-coins/2016/08/us-mint-looking-to-hire-bulk-product-manager.all.html#

  63. cagcrisp says

    Here are the weekly sales numbers of the 1 oz. Gold Uncirculated Since Launch…

    2017 AM EAGLE GOLD UNC 1 OZ 1,881 6/4/2017
    2017 AM EAGLE GOLD UNC 1 OZ 2,080 6/11/2017 199
    2017 AM EAGLE GOLD UNC 1 OZ 2,061 6/18/2017 -19
    2017 AM EAGLE GOLD UNC 1 OZ 2,225 6/25/2017 164
    2017 AM EAGLE GOLD UNC 1 OZ 2,385 7/2/2017 160
    2017 AM EAGLE GOLD UNC 1 OZ 2,455 7/9/2017 70
    2017 AM EAGLE GOLD UNC 1 OZ 2,542 7/16/2017 87
    2017 AM EAGLE GOLD UNC 1 OZ 2,579 7/23/2017 37
    2017 AM EAGLE GOLD UNC 1 OZ 2,617 7/30/2017 38
    2017 AM EAGLE GOLD UNC 1 OZ 2,796 8/6/2017 179
    2017 AM EAGLE GOLD UNC 1 OZ 2,845 8/13/2017 49
    2017 AM EAGLE GOLD UNC 1 OZ 2,881 8/20/2017 36
    2017 AM EAGLE GOLD UNC 1 OZ 2,915 8/27/2017 34
    2017 AM EAGLE GOLD UNC 1 OZ 2,968 9/3/2017 53

    2017 AM EAGLE GOLD UNC 1 OZ 3,822 9/10/2017 854
    2017 AM EAGLE GOLD UNC 1 OZ 4,499 9/17/2017 677
    2017 AM EAGLE GOLD UNC 1 OZ 4,535 9/24/2017 36
    2017 AM EAGLE GOLD UNC 1 OZ 4,594 10/1/2017 59
    2017 AM EAGLE GOLD UNC 1 OZ 5,320 10/8/2017 726

    Anyone can draw their own conclusions…

  64. Goat says

    Early Sept. is when news broke ? The mint’s site states CU. not SO. until then it’s a mystery if something/someone is up to no good. It might be a scare tact to relist again to sell more by the end of year. The times of heavy sales/week is when price changes occurred.
    Like the last four years of Pd price this country is full of manipulation, many of us hope to be on the right side when it happens.

    Throckmorton says
    OCTOBER 13, 2017 AT 9:44 AM

    Although most here seem to focus on silver, here is a little food for thought;

    Goat says ;
    one of the script states that gold will be thrown into the streets

  65. Dustyroads says

    Oh anyone can assume a leak, they happen. There is also the possibility of speculative buying. Numismatists have a keen sense of a sell out.

  66. Dustyroads says

    “one of the script states that gold will be thrown into the streets”

    There comes a time in everyone’s life when buying and selling ends.

  67. Throckmorton says

    “one of the script states that gold will be thrown into the streets”

    According to the Aztecs it’s when the deities empty their chamber pots into the alleys.

    “Anyone can draw their own conclusions…”

    I conclude that no week had sales at two hundred units until 9/10 and then kaboom.

    Watch the pop reports on MS70s for the lagging indicator and then the cable shows for those special offers…

  68. Throckmorton says

    I bet they left it as CU expecting a hefty amount of returns. If they do become available again, chances are they have been picked over.

  69. Daveinswfl says

    What’s a “fair” premium to pay over Mint pricing for a PCGS SP-70 FS one ounce 2017-W Gold Eagle?
    Anybody think it’s worth the premium to get the 70 vs 69?

  70. HarryB says

    @cag: thanks, a reasonable person might conclude that someone with inside knowledge such as, total minted and if there were no more production scheduled, just in time to stimulate sales before the end of the Government FY.

  71. Louis says

    Has anyone who ordered the palladium eagle from Bullion Exchanges when they had that great eBay special received their coin yet? The estimate says it is supposed to arrive between the 12th and 17th.

  72. MarkInFlorida says

    Just checked the Coin & Chronicles sets on Ebay for the first time in a while, and while the Truman is doing very well ($250-$300), the rest are not, with many selling below issue price. Anyone keep track lately?

  73. says

    Palladium $41 over Platinum at close..,

    Rounding off a record breaking week.

    Palladium Ask – $990

    Headed to over $1,000 per ounce when Little Rocketman launches one in the next 10 days..,

    Kinda wish the mint released its Proof Palladium last month

  74. says

    Daveinswfl says
    OCTOBER 13, 2017 AT 4:17 PM

    What’s a “fair” premium to pay over Mint pricing for a PCGS SP-70 FS one ounce 2017-W Gold Eagle?
    Anybody think it’s worth the premium to get the 70 vs 69?

    Dave – your approach is all wrong.

    You should be asking yourself, will the chump you go to offload the ‘labeled’ coin in 5, 10, 20 years from now care?

    And don’t loose sight of the numismatic value vs. BU appreciation argument I’ve raised over the years in this blog.

    Just something to think about..,

  75. says

    Throckmorton says
    OCTOBER 13, 2017 AT 2:38 PM

    I bet they left it as CU expecting a hefty amount of returns. If they do become available again, chances are they have been picked over.

    No,

    This CU was plain as day from Cag’s sales numbers posted here starting 6 weeks ago – plain as day!

    Many of you, for what ever reason, fail to learn and grow from the invaluable bits of information posted here daily, most of it is posted to help others learn and grow, and most fail to learn or see the obvious.

    There should be no surprise of this CU what so ever.., it was so plainly obvious.

    The buyer(s) that bought over the past 6 weeks bought with conviction and in unprecedented numbers at an odd period of the year, for something they knew or think they know. Chances are they saw the Tuesday evening total sum #’s this week and within 48 hours it went CU. It went CU around 2200 last night.

    There were 3 available this morning at 7:30 am EST that remained available until 8:00 am, those 3 sold individually and are shipping free via the US Mint’s promo AEGOLD2017 that’s available thru the 15th.

    The smart money has already reached out to the various mint shoppes for their inventory.

    Should the UNC be available tomorrow, it won’t be for long,

    When Cag kindly posts the updated sales numbers next Tuesday evening, we will have a new low, or we won’t, regardless, someone bought the shit out of these things in August and September and has a plan, or at least thinks so.., probably cause you ain’t gonna find a 2012-W UNC AGE available at a price you’ll want to pay.

    Time Will Tell.., in 4 days

    I’m not picking on you or anyone else..,

    ..though this CU had its high beams on in plain day light. Jus say’n

    Happy collecting all, for appreciation, your collection, or whatever makes you feel good.

  76. earthling says

    I got one of the 2017 BU Gold AGE’s a few months ago. Order History on the Mint website is down so I can’t check on when it was. The spot was heading up at the time so I decided to beat the increase. Low mintage was a factor for me but since I rarely sell, no real benefit.

  77. Daveinswfl says

    KSCO,
    I know, I know. It took me a long time to get there, but just like kicking alcohol or tobacco, the temptation just sneaks back into the psyche……
    Thanks for the kick in the ass 😬

  78. Artie43 says

    KSCO I first notice the 2017 W Unc Gold Eagle was not available at 11:45 AM Central time 10-12-2017

  79. Throckmorton says

    KSCO no, you miss my point. I believe the Mint went to CU as opposed to SO because they anticipate significant returns as blow back from the increased sales over the past few weeks. It would seem easier to move back to “Available” from CU without offering an explanation as opposed to a SO posture.

    While I always appreciate Cagcrisp’s reports, I wasn’t going to chase the trend.that he flagged. I already had mine.

    It will be interesting to see if Cag notes heavy returns of the burnished AGE over the next few weeks. It would also be cool for someone to take a snapshot of the TPG’s pop reports for the MS70 coins to see how many more are added.

  80. Louis says

    The 2017-W AGE is readily available in 70 for a little over the Mint’s price for those who want to gamble on low mintages. I don’t consider that a prudent way to spend money.

  81. joe says

    I seem to remember reading somewhere the Palladium coins were limited to 15K well before they went on sale. I also remember a lot of people in this blog saying they didn’t like the Palladium eagles and didn’t plan to get one. I got one only because I do like the design. Now the problem is trying to find a darn capsule to put it in.

    As for the burnished AGE, I typically like to get my copy of this coin before sales hit 5K. It just doesn’t seem to be that popular of a coin, but I really like it. I watch both gold prices and sales numbers before pulling the trigger. If I think gold is in a lull or valley, I pick one up then. If gold is going up, I tend to wait UNLESS the sales are greater than 5K…then I bite the bullet. There were a couple opportunities to pick the 2017-W AGE MS70 for about $1550 from MCM since its release. Not saying that’s what I did… 🙁 I pulled the trigger a little earlier and got an MS70 for closer to $1600.

    In both cases I didn’t get lucky chasing gains; I just happen to like the coins. In fact, I saw the news of the burnished AGE sellout and was kicking myself because I thought I had forgotten to pick it up. Had to do a quick search through my files to see that I actually did get one a few months ago. Getting old, I guess….

  82. earthling says

    Anyone have a feel for how many Eunice Shriver/ Special Olympics Coins are still out there? It wouldn’t surprise me a bit if a large %age went to the melting pots when Ag was up high.

    No matter what the reality of availability would be , I’ll never be in the Market for that Coin. My philosophy is to buy what I like. I have the feeling that the current 225th HR Gold Liberty Coin will be declared to be a low mintage rarity one day soon. No matter, I don’t want it now. I won’t want it then.

    Offer me great Pizza , I can get excited. Offer me a “rare” ugly POS Coin…. not so much.

    😌

  83. Tinto says

    @Louis

    Nice article. I thought it could have included some information about the Mint’s method of selecting this design versus those from the recent past where the collector base was treated to the images of finalists (which allowed discussions about preferences, etc) and subsequent CCAC organization meeting with their recommendation was published. Here no such process took place, perhaps the article could have asked, why .. what happened here? JMO of course

  84. NcCoinCollector says

    My 2017 LESPS looks great from the dollar to the dime. I am pleased with the coins appearance and the packaging. I do think the all ‘S’ mint mark set is nifty after having it in hand. I do not collect proof silver eagles per se but
    1. including the coins together provides to me a better context that helps me better appreciate the individual coins.
    2. The San Francisco proof kept my interest after having it piqued by the 2016 30th anniversary proof.
    3. I think 2011 was the last time there was a set or special run ASE so there was some pent up demand.
    4. A high relief version would be a nice collectible.

    I do not agree with the proposition that The American Liberty 225th Anniversary Silver Four-Medal Set with a “breathtaking rendition of Lady Liberty” will be available for spot in a few years time. Again, viewing the design in context (with the four different finishes) may lead to a greater appreciation not only of the obverse but the almost unmentioned reverse. I do intend to purchase as soon as they become available; but that’s only because I personally want one not because I think it will sell out in minutes.

  85. KML in KY says

    Even if the 2017 Burnished AGE is the new low mintage it might not make that much difference. The low mintage ship has sailed. New lows are becoming the rule rather than the exception.

    Does anyone know why 2012 Silver Proof Sets sell for $150 or more apiece while lower mintage 2015 & 2016 sets sell for issue price?

  86. merryxmasmrscrooge says

    Cool designs. But “Over there!” is a little too gung ho for me. Especially after a long tour with a bunch of ragged out soldiers with little water and food after I was shot at and seen my best buddies die in my arms in the cold muddy trenches.

  87. merryxmasmrscrooge says

    Holy moley. $5 Jackie Robinson MS 69 now $1050 buy it now on eBay.
    Wish I had the cash.

  88. merryxmasmrscrooge says

    KML
    Prices always follow the maxim, the first unusually low mintage wins the kitty, that is, the earliest year. After that a slightly lower mintage a few years later doesn’t seem to mean diddly.

  89. Gold man says

    In regards to the 2017 burnished gold eagle . They were last on sale at the mint for $1575. There are plenty of ngc 70s on eBay now for $1679. For the small collector that is not that much more than it would cost to make one yourself and these are Early Release/first release. I know a lot of you don’t believe in those labels, but for an extra $15, why not. If you Are 100% convinced these are the lowest then go buy one or ten, just don’t complain if they go back on sale. Just my thoughts.

  90. cagcrisp says

    KCSO and I have said for years to Buy as close to Spot as possible and that PREMIUMS on Graded coins for the MOST part will continue on a downward trajectory.

    Here is a comparison of various Gold offerings from December 3, 2016 vs. October 14, 2017.

    (I used 12/03/16 because this was the first week that I started keeping up with price guide information)

    December 3, 2016 Spot Gold was $1,178.90
    October 14, 2017 Spot Gold is $1,305.30

    Gold Spot is Up $126.40 since 12/03/16

    Keep that in mind. Up $126.40 in 10 months

    What has happened to the PCGS price guide for Generic Graded MS62 coins in that same time frame?

    Liberty $20 PCGS MS 62 price guide Up $5
    Liberty $10 PCGS MS62 price guide Down $10
    Liberty $5 PCGS MS62 price guide Down $40
    Liberty $2.50 PCGS MS62 price guide Down $65

    St Gauden $20 PCGS MS62 price guide Down $50
    Indian Head $10 PCGS MS62 price guide Up $20
    Indian Head $5 PCGS MS62 price guide Down $10
    Indian Head $2.50 PCGS MS62 price guide Gold Down $20

    …SO…As Spot Gold has Increased $126.40 in 10 months the PCGS price guide for Generic Graded MS62 has Decreased in 6 out of 8 data points and not even close to keeping up with Spot Gold.

    IF you bought an example of ALL 8 above coins on December 3, 2016 when Spot was $1,178.90 and Today with Spot at $1,305.30 you would have Lost a Total of $170.00 , Whereas IF you had just purchased Spot Gold you would have been Positive 10.72%…

  91. Erik H says

    cagcrisp, nice gold analysis. I just bought a $5 Indian today to replace the one I sold several years ago. I still don’t own a Saint (I just spent that money on a Pd Eagle)

  92. cagcrisp says

    @Erik H, Thanks… The $2.50 and $5.00 Indian Golds , the$20 St Gauden, the $50 Gold Buffalo and the $.50 Silver Walking Libertys are My favorite coins…

  93. cagcrisp says

    @Tom , Yes there are 5 in stock. As KCSO pointed out in an earlier post there were 3 available yesterday and now 5 available.

    SOP for the Mint to relist cancelations but all and all these coins are Gone.

    The Earliest the Mint has pulled a Gold offering in a Long time.

    2017 1 oz. Uncirculated Gold 20 weeks,

    2016 1 oz. Proof Gold Available for 82 weeks and still can put 100 in your cart…

  94. KCSO says

    Cag – Great point. If memories serves correct, the

    – 2013 $5 UNC Generals,
    – 2012-W UNC AGE,
    – 2008 Buffaloes

    Were early to mid-November Sell Out’s, I’m probably missing a few, though early October.., is well, early.

  95. Louis says

    I got my Czech Lions today and the quality is excellent, some of the nicest bullion I have seen other than Perth Mint coins.

    The 2017-W is still avail. and 70’s are readily avail., even on sale at APMEX for a little over the Mint price. Even if could afford it, I would not gamble on a coin that is more than likely going to be worth a little over melt in a few years or sooner. For the same cost, I got a domed Australian gold coin a few months ago that is now worth $3k and very hard to find, unique, and only 750 minted with high demand.

  96. Ikaika says

    @ Louis

    Did you get the 10 oz silver one? I might purchase the 1 oz, but the 10 oz is too pricey for me.

  97. Louis says

    Hi Ikaika- No, the 10 oz. is too pricey for me too, just a few of the 1 oz., which have a matte rather than brilliant finish.

  98. The Real -- Cool Dave says

    Received my 2017 Silver Proof Set today. Well, I can see nothing changes — sloppy packaging as usual. Contractor still trying to save a buck, I guess.

  99. The Real Cool Dave says

    Received my 2017 Silver Proof Set today. Well, I can see nothing changes — sloppy packaging as usual. Contractor still trying to save a buck, I guess.

  100. The Real Cool Dave says

    @Louis

    Hey Louis, have you seen the prices on ebay, for the 2014 First Spouse bronze medal set?

    Just curious — how did you fair on the sale of that second set (rememeber, I sold 2 to you?).

  101. Erik H says

    I received my LESPS and IMO, I believe that the coins in these two sets were a lot better quality wise than the silver proof sets that I bought earlier in the year.

    I’m going to sell one set ASAP and break the other set to keep in ASE. In a few years when the hype dies down I will buy a “cherry picked” slabbed “S” ASE too.

  102. The Real Cool Dave says

    @Erik H

    I agree. Beautiful — one of my sets ASE will grade “70.” the second one might, it will be close/

    Hey, how was the packaging job on the set’s that you received?

  103. Dustyroads says

    What I have been seeing of the LESPS packaging is a greatly oversized box, 1 sheet of bubble rap, and bouncing OGP. Just wrong!

  104. The Real Cool Dave says

    @Dustyroads

    Yep — that’s what I received. Amazing my product did not have any damage. No bubble wrap, just a couple small sheets of crinkled paper tossed into box.

  105. smalltimecollector says

    Well the Pd Eagle has landed. Delivery today from a dealer I WILL NEVER buy from again. Awaiting their reply (closed for the weekend and I’m gone for a week) before I divulge too much.
    Ordered before release with cc charged the day of order to be shipped Oct 3, date came and went. Along with the passage of time I received 3 phone calls from their agents trying to sell me other products. Being disabled and with limited budget I told them with this purchase I’m tapped out for the year. No more contacts and no coin. I made a call 4 days ago and finally a commitment to ship upon receipt of their next order.
    Upon receipt, what did my eyes behold, an off centered obverse with a nice nick in the field in front of Mercury’s nose the reverse strongly nicked with garfed reeded edge adjacent.
    So, it would appear these guys play with customers money offering more and more graded examples and tossing out culls to their little fish customers.
    It sux to be me, unless Pd keeps climbing, but it sux to be them more. Integrity seems lacking and lady karma is a biatch.
    First time I’ve been burned and I doubt they will make it good.

  106. earthling says

    An ugly game being played with bullion. Slab the beautiful specimens with limited sigs and limited labels and sell at an obscene markup. Sell all the more common condition bullion at a Collector Coin markup.

    Dont believe. Dont believe. Dont believe the H y p e.

  107. DBR says

    OT: I was updating all my apps on my iPhone, and I was pleasantly surprised to see an update for the U. S. Mint app. The update said that it was fixing crashes and stability issues. I think I’ll go surf around the app and check it out.

    Thanks U. S. Mint. I do prefer shopping with the app from my iPhone.

  108. Erik H says

    My LESPS just had a few sheet’s of paper.

    smalltimecollector, who did you order from? I bought a raw Pd a week ago and still no shipping notice. After hearing your story I hope saving $20 doesn’t bring me the same disappointment. A few folks here said that their raw coins were great so I took a chance. I guess next time I’ll be force to buy graded if I get a bad one.

    I just received 7 raw Queen’s Beast from APMEX and they all were awful. This grading scam is getting worse.

  109. smalltimecollector says

    I’ll update in a week + a few days when I return from camp/hunt. I want to give them a chance to make this right.
    I f I could post a pic here I will. I’ll tell you it’s a) it’s one the mint should have culled. b) it’s the worse condition unc I’ve received new.

  110. Ridgerunner says

    Dustyroads says:
    What I have been seeing of the LESPS packaging is a greatly oversized box, 1 sheet of bubble rap, and bouncing OGP. Just wrong!

    I got my box last night when I got back into town, sitting on my front porch. I checked delivery before going out of town and it wasn’t suppose to be delivered until Tuesday. It was packaged with 6 sheets of crumpled up paper, I had also ordered an unc ASE, the box was open and the COA was out also the LESPS had slid out of the sleeve part of the way and put a ding in the sleeve. The coins look beautiful, but I’m sending the unc ASE back due to fibers between the coin and capsule, also the coin looks like it was whizzed to take a blemish off the field next to Lady Liberty, it is ugly.

  111. The Real "Cool" Brad says

    For my two LESPSs, they came in a refrigerator box with some paper that must have been used on the table of a crab bake rumpled up and shoved in there. The slip cover was bent and still wet from the drool of the bear that packaged and mauled my sets. They’re lucky I don’t really care about the box, or I would complained about this one.

  112. jhawk92 says

    @Louis from an earlier thread. I picked up the T22 air tite for the gold 1/4 oz Beasts. The black ring really makes the gold pop out. I also got one of the tubes where I can store all the capsules. Is there more info on the box that folks are mentioning for the 2oz series? That sounds interesting but I have good capsules for those too.

  113. earthling says

    There are 60 of the rare previously unavailable 2017 BU American Gold Eagles on the US Mint website. Get em before they briefly disappear again.

  114. cagcrisp says

    Gold Could be in for a price Increase this week…

    Thur AM $1,294.95
    Thur PM $1,290.25
    Fri AM $1,293.90
    Fri PM $1,299.60
    Mon AM $1,305.15

  115. joe says

    smalltimecollector – Who was the seller? One of the beauties of this thread is we can all avoid them.

  116. Daveinswfl says

    Joe says –
    Who knows – maybe Pt is overpriced, too. Lawrence Welk would be proud!
    “Turn offa da bubble machine.”😮

  117. Dustyroads says

    The 2017 W burnished AGE is at least for now gone from the gold line up on the USM website. Has the curtain finally been drawn for good?

  118. Dustyroads says

    That was a hasty disappearance of 60 coins. Funny to me since it took so long for 3 coins to be taken off the list yesterday.

  119. Scott says

    Who the heck knows? “Currently Unavailable” means it’s anybody’s guess if they’re really sold out or waiting for more coins to be struck or some customer returns.

  120. Montana John says

    I just received my LESP… A very large box with no paper in it..remarkably only one minor ding on the sleeve corner

  121. Dustyroads says

    Daveinswfl, I don’t know. You would think that the USM would want to keep it’s buyers aware of the number of coins for sale.

  122. Tom says

    2017 W AGE had 3. Then 5. All of a sudden 60 and are now history again? Sounds like they got rid of a lot of throw backs quick

  123. John Q. Coinage says

    Burnished Unc targets a dewindling target COLLECTORS of gold ounce coins ……even the burnished require someone who WANT$ one…..not always the case

  124. Throckmorton says

    Received my LEPS sets today. Y’all weren’t kidding about the packaging. However, the quality of the coins seems very good. What’s the after market on these things now that the dust has settled?

  125. So Krates says

    The palladium coin/bar/bullion market traditionally trades in a range closer to and below spot (as compared to other precious metals), i.e., dealers buy well below spot and sell for just a little over or often at or slightly below Pd spot. All the more reason to not pay too high of a premium on a palladium bullion coin.

    For all you fusspots, please remember it is not a numismatic product. Breathe easy, a nick or two, or not storing it in the perfect fitting capsule ain’t gonna hurt anything. Not withstanding that some paid 50% over spot for a low premium metal with a pretty design, it’s raison d’etre is to closely track the price of the metal in a physical NCLT form. These were sold through the APs for a reason. Any special handling and better QC is simply icing on the cake.

  126. mintman says

    Hate to disagree, but, the 2017 Pd will be one of those “first year” coins minted in low quantity (15,000) treated as a “coin” rather than bullion.
    It’s course has already been set – my opinion is PCGS 70’s will not trade less than$1300-$1400 even after it all cools down.
    Don’t fret about the rims, just metal flow – from the struck up design (high relief)

  127. Dustyroads says

    mintman, I’m hoping they trade for much more than that, though I admit it’s hard to imagine. But, these Pd bullion coins may for the most part be in stronger hands than weak being that they were a bullion release rather than a numismatic one. I haven’t done my homework with these so I can’t really say one way or another. But yes, I think you’re right on target with what you said. These are a first, and first do pretty well.

    Just watch how many the USM produces next year. I don’t have a crystal ball, but the USM may up it. That would be great for us.

  128. mintman says

    And to further the comment on the metal flow at the rims, those coins that don’t have it – most likely have a slightly worse strike –

  129. mintman says

    Dustyroads – I believe next year the mint will make significantly more bullion pieces; I’ll be looking forward to the Proof.

    I bought my PCGS 70 pre-sale at $1209. It was a chance worth taking – first year – 15,000 coins -with no idea of how they would look or quality received from the USM. I had no interest in a 69 or raw – just the 70.

  130. Dustyroads says

    mintman, Same here. I think a lot of coins are just fine in OGP, but I think this one needs to be graded. I could be wrong, that’s the fun of it all.

  131. Jerry Diekmann says

    Hope the Mint doesn’t say you have to buy one commem coin for each medal. I’ll probably pass then because although some of the medals are OK, the coin itself is UGLY.

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