Comments on: 2016 American $1 Coin & Currency Set Launches on June 16 https://www.coinnews.net/2016/06/10/2016-american-1-coin-currency-set-launches-on-june-16/ CoinNews delivers the latest World and US coin news Wed, 15 Jun 2016 07:23:21 +0000 hourly 1 https://wordpress.org/?v=7.0.4 By: jim https://www.coinnews.net/2016/06/10/2016-american-1-coin-currency-set-launches-on-june-16/#comment-167451 Wed, 15 Jun 2016 07:23:21 +0000 http://www.coinnews.net/?p=58442#comment-167451 In reply to Tinto.

Maybe you’ll like the palladium coin better whenever it shows up.

]]> By: Tinto https://www.coinnews.net/2016/06/10/2016-american-1-coin-currency-set-launches-on-june-16/#comment-167273 Tue, 14 Jun 2016 18:43:16 +0000 http://www.coinnews.net/?p=58442#comment-167273 chuck,

Thanks, that 2014 is certainly a keeper and it completed my Preamble set. But no more platinum or gold (except for commemoratives but only if I like the design or subject.. like the NPS and the Mark Twain this year) or silver (except commems) after 2014. I just got turned off by the Mint’s actions (like hyping an Ultra High Relief gold to get folks like me excited only to change it at the last minute to a High Relief … and nixing that Platinum design for 2015 or 2016 depicting a man with a sword which both CCAC and CFA has recommended using the stupid excuse that the hard metal would not flow properly for that design, etc.)

]]> By: chuck https://www.coinnews.net/2016/06/10/2016-american-1-coin-currency-set-launches-on-june-16/#comment-166953 Mon, 13 Jun 2016 16:28:44 +0000 http://www.coinnews.net/?p=58442#comment-166953 Tinto
Thank you for your correction as to the announced mintage.
Since the mint did not sell 1 oz platinum bullion coins last year, makes me wonder whether they had the “blanks” to even mint more proofs or whether since the platinum price was “low” at that time they just decided their markup would not cover their “cost”. Otherwise they likely would have minted more if they could make a “profit”. A 10 minute sell out shows there was a demand.
Either way suppliers of the “blanks” may not have been interested in supplying at the then current prices for platinum or 5 oz silver blanks. This would help explain some of the low or no sales for certain coins.
Glad you got your 2014, it should be a keeper.

]]> By: Tinto https://www.coinnews.net/2016/06/10/2016-american-1-coin-currency-set-launches-on-june-16/#comment-166942 Mon, 13 Jun 2016 14:18:22 +0000 http://www.coinnews.net/?p=58442#comment-166942 chuck

The 2014 preamble had an announced mintage of 15,000, same as in the previous three years and that was one reason I took my time to get around to buying it. But the Mint probably made only 5,000 initially and decided not to make more once that threshold was reached. They had sales of 4,596 for the 2014 so it’s puzzling why the Mint decided to make only 4,000 in 2015 and not at least 5,000.

]]> By: Silgold https://www.coinnews.net/2016/06/10/2016-american-1-coin-currency-set-launches-on-june-16/#comment-166899 Mon, 13 Jun 2016 03:12:16 +0000 http://www.coinnews.net/?p=58442#comment-166899 dollar is a dollar, why us mint charge 12.95 for the package? like the gold dime ,melted value only $120-$130 , mint charge the fancy package for $80,It is very expensive box i ever bought!

]]> By: Christopher Williams https://www.coinnews.net/2016/06/10/2016-american-1-coin-currency-set-launches-on-june-16/#comment-166888 Mon, 13 Jun 2016 00:11:11 +0000 http://www.coinnews.net/?p=58442#comment-166888 Seth-

+1

]]> By: Seth Riesling https://www.coinnews.net/2016/06/10/2016-american-1-coin-currency-set-launches-on-june-16/#comment-166887 Sun, 12 Jun 2016 23:53:17 +0000 http://www.coinnews.net/?p=58442#comment-166887 Christopher Williams –

What a gentleman you are! Bless you. I just got out of bed & found out the horrible, sad news a little over an hour ago.
As a member of the tight-knit LGBT numismatic community I also find some solace in my numismatic hobby from the stresses of daily life. I lived on military bases the first 21 years of my life & always felt safe. I was blessed for sure. Hatred will NOT win in the USA. May those who died R.I.P. & may those injured heal quickly.

-NumisDudeTX

]]> By: Christopher Williams https://www.coinnews.net/2016/06/10/2016-american-1-coin-currency-set-launches-on-june-16/#comment-166883 Sun, 12 Jun 2016 23:23:50 +0000 http://www.coinnews.net/?p=58442#comment-166883 As I am into fishing, autographs and coins and they are a great distraction for me, I want to send my heart-felt condolences to the families of the victims in Florida today.

A very sad day.

]]> By: chuck https://www.coinnews.net/2016/06/10/2016-american-1-coin-currency-set-launches-on-june-16/#comment-166882 Sun, 12 Jun 2016 23:20:25 +0000 http://www.coinnews.net/?p=58442#comment-166882 Seth Riesling-
Christopher Williams-
Tinto-
Forgot, there is someone pushing the sale of sets. That being the U.S. Mint as this years packaging has the same holder for two coins (2015 and 2016) as last years. So, maybe they do not intend to sell 10,000 in 2016. We might know come 6/30. The price last year was $1200 and went to about $2000 on the secondary market “fast”. This year should start out with a higher price but not go to the $2000.

]]> By: chuck https://www.coinnews.net/2016/06/10/2016-american-1-coin-currency-set-launches-on-june-16/#comment-166880 Sun, 12 Jun 2016 22:33:29 +0000 http://www.coinnews.net/?p=58442#comment-166880 The platinum “preamble” 2014 was interesting as it took awhile to sell out but the stated mintage was limited to 5,000 (if I remember right) which made it certain that it would be the lowest in that series. Agree the 2016 might not sell out soon but wonder if 5,000 or more are sold how much the 2015 will go up? Much will no doubt depend on who wants and has sets. Perhaps, not many want sets or the 2014 would have sold out in hours. It is interesting few seem to offer the 2014 for sale.

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