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2016 Gold Mercury dime
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oepepper
Apr 9, 2016, 2:33:20 AM4/9/16
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The mint announced a 125,000 mintage limit on the new gold dime coming out the 21st of this month. They did not announce a price but I hope they do not try and gouge collectors. It will contain a 1oth ounce of gold so it will be at least $124 at todays gold price. Thoughts on the mintage limits? Too high, not enough? Will they sell out first day? What you guys think? Got plans to buy any?
Anthony R. Gonzales, Sr.
Apr 12, 2016, 7:18:21 PM4/12/16
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the mintage amount is too low. At a household limit of 10 (1 oz), I
think they will fly fast. At least $124 is at the least, IMHO. I'm seeing
more around $175, probably $199. It's not about spot prices with the
mint, but what they think people are willing to pay. The 1/10th oz gold
eagle is currently on backorder after only a few weeks (coincidence?), so
people are going to be seeking out a quick alternative.
My thoughts, really: If you enjoy the "mercury" dime design, then take
the money and get a very nice MS specimen for the money. In the end, I do
not believe these are going to be anything more than just another piece
of low budget investor bullion in the years to come.
Pertinax
Apr 13, 2016, 1:03:59 PM4/13/16
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On Saturday, 9 April 2016 07:33:20 UTC+1, oepepper wrote:
> The mint announced a 125,000 mintage limit on the new gold dime coming out the 21st of this month. They did not announce a price but I hope they do not try and gouge collectors. It will contain a 1oth ounce of gold so it will be at least $124 at todays gold price. Thoughts on the mintage limits? Too high, not enough? Will they sell out first day? What you guys think? Got plans to buy any?
I think the mintage is very high. I doubt it will be a good investment numismatically but it's possible the gold price will go up. I certainly won't be buying.
> The mint announced a 125,000 mintage limit on the new gold dime coming out the 21st of this month. They did not announce a price but I hope they do not try and gouge collectors. It will contain a 1oth ounce of gold so it will be at least $124 at todays gold price. Thoughts on the mintage limits? Too high, not enough? Will they sell out first day? What you guys think? Got plans to buy any?
Anthony R. Gonzales, Sr.
Apr 29, 2016, 5:12:21 PM4/29/16
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On Tue, 12 Apr 2016 23:18:20 +0000, Anthony R. Gonzales, Sr. wrote:
> I personally have no plans on purchasing any of these. I do believe
> that the mintage amount is too low. At a household limit of 10 (1 oz),
> I think they will fly fast. At least $124 is at the least, IMHO. I'm
> seeing more around $175, probably $199. It's not about spot prices with
> the mint, but what they think people are willing to pay. The 1/10th oz
> gold eagle is currently on backorder after only a few weeks
> (coincidence?), so people are going to be seeking out a quick
> alternative.
Just as an update on the release: it appears the release price was $205
> I personally have no plans on purchasing any of these. I do believe
> that the mintage amount is too low. At a household limit of 10 (1 oz),
> I think they will fly fast. At least $124 is at the least, IMHO. I'm
> seeing more around $175, probably $199. It's not about spot prices with
> the mint, but what they think people are willing to pay. The 1/10th oz
> gold eagle is currently on backorder after only a few weeks
> (coincidence?), so people are going to be seeking out a quick
> alternative.
(sold out), and the tenth ounce gold eagle is sitting at $175 (with spot
at $130) on backorder. It's all about the money with the mint...how much
they can get out of you.
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