Comments on: US Mint Sales: American Legion Coins Debut

By: Larry Fontanini

Larry Fontanini — Mon, 01 Apr 2019 00:27:07 +0000

In reply to chuck. Hello You are right Chuck. I took a survey about a month ago conducted by the mint. The last few questions on the survey were about the 2019 Palladium coin. The mint asked if I would buy the palladium coin with a price of $2300.00. I told them Noway .. that price is insane !!

By: Seth Riesling

Seth Riesling — Sat, 23 Mar 2019 00:06:58 +0000

chuck –

I invest in platinum each month that it is under $1,000 per ounce as I think it is vastly underpriced considering about 75% or more of all platinum comes from mines in Russia & South Africa. But, palladium IMHO is vastly overpriced as it was around $200 an oz. just a few years ago. Of course, I love & buy all versions of the Palladium American Eagle coin – such a beauty! Thanks for your comments.

Happy collecting & investing all !

NumisdudeTX

By: chuck

chuck — Fri, 22 Mar 2019 23:48:35 +0000

In reply to Seth Riesling.

Seth Riesling,
Palladium has been in a world of its own for a long time. Most of the supply comes from Russia and they have controlled it for years.
I remember when platinum was 4 times the value of it. When that was the case many in the auto industry switched to the palladium. If memory is correct it takes more palladium then platinum for the emissions so a switch might occur again. Also jewelry wise the Japanese and Chinese use the platinum. So, to me palladium could drop a lot (less auto sales too)..
Since the palladium used in the coins were to have been from domestic supply it will be interesting since our one big mine (Stillwater) was bought out by a foreign company. Bottom line I expect the mint will limit the number and not have an open period to buy like some suggested (15k). Also, the pricing will be based on the palladium spot “high” even if it drops a lot from now. So, think $2,000 or more.

By: Seth Riesling

Seth Riesling — Fri, 22 Mar 2019 22:29:47 +0000

Palladium dropped $46 per ounce today Friday, March 22 !! After going up so much most of last year & this year, I wonder if its upward movement can or will be sustained. It has been higher than gold for awhile now.
Any thoughts on this situation since the Palladium American Eagle coin will be issued again later this year?

NumisdudeTX

By: Domenic

Domenic — Thu, 21 Mar 2019 17:18:36 +0000

I HOPE this will be a turning point for the mint not to just crank out coins. We want coins that are 1)Beautiful and artistically well done. 2)NOT overpriced with an inflated surcharge. 3)Redundant…(Think clad proof set and silver proof set -the penny and nickel etc) or the limited edition silver sets with its duplicate quarters to the silver set) Each set should have its OWN space. 4)Realistic mintage limits and limited time availability. Get the fun back into it for coin collectors.

By: Cincinnatus

Cincinnatus — Thu, 21 Mar 2019 13:23:44 +0000

Sales of the commems are down and makes you wonder if they will hit the target for the surcharge to be donated to the respective organizations?

The fact the Mint is selling 1 oz of silver at almost $40 above spot makes them a poor value – if there is no additional collectible value then silver must his $54 an ounce just to recoup your cost not including shipping. If you really want one – just wait a year and buy it at below issue price.

The Mint really needs to cut about $20 off the price of these coins otherwise the sales are going to keep trending downward.

By: Christopher Williams

Christopher Williams — Wed, 20 Mar 2019 22:22:23 +0000

Also looks like the American Legion 3-Coin Set is now on Back Order. The sales for the other American Legion coins is sad.

By: Christopher Williams

Christopher Williams — Wed, 20 Mar 2019 22:20:38 +0000

In reply to NWRobert. I believe a lot of people who finally received their Back Order on the 5 OZ coins are returning them. I am keeping mine.

By: gary

gary — Wed, 20 Mar 2019 22:13:27 +0000

they stopped making silver eagles i’m wondering if they will make any more of the 5oz silver coins this year . look what happened in 2009

By: NWRobert

NWRobert — Wed, 20 Mar 2019 18:13:07 +0000

So what is with the 5oz AG Apollo 11 puck? Numbers of sales keep trending downward for the past two weeks. Errors on this proof coin or is the collectability not as hoped for?