Comments on: Pricing Controversy with New 5 oz. “America the Beautiful” Bullion Coins

By: eagle1

eagle1 — Wed, 18 May 2011 00:41:29 +0000

I found the Hot Springs 5 oz at our local coin store. Selling for 652 bucks. So much for the ten percent mark up. This same store buys your coins (silver) at 30% below market value and sells it for $7.50 above spot. I don’t shop there anymore

By: Memf2dafizzo

Memf2dafizzo — Wed, 16 Mar 2011 02:27:17 +0000

In regards to my above message, I was just given a link to eBay througha PCGS email newsletter and a America the Beautiful 5 oz. set was graded PCGSMS69DMPL. The set sold for $10,000. How’s that for value and profit. BullionBuyer, I hate to say I told you so but guess what… I told you so. Now… do you still feel the same way about these coins?

By: Memf2dafizzo

Memf2dafizzo — Sun, 27 Feb 2011 18:08:09 +0000

Very poor analogy BullionBuyer. You’re only basing the value of the coins on the cost of silver and not the collectible value of the coin type. Not to get into a long drawn out discussion, this will prove how wrong you are about the coin’s worth. PCGS already has a price guide value for these coins. Standard MS grades of 63 are valued at $350 “EACH”. First strike in that same grade is $365. So they’re already going to fetch between $1750 and $1825 a set if someone decides to get them graded and place them up for sell. PCGS doesn’t have a price for MS69 or MS70 grades yet so there’s no telling how much they will be worth. Trust me… these coins are great collectibles and it will show within the next year or two. Just remember that I told you so.

By: Dee Trip

Dee Trip — Tue, 22 Feb 2011 13:25:54 +0000

Got my coins. SO excited………

By: BullionBuyer

BullionBuyer — Tue, 15 Feb 2011 00:09:08 +0000

Sorry, that was 165K total coins minted (33K per design). A little over half of what I said above, but in my view, still not a true numismatic collector’s coin.