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  • 2016 Gold Mercury dime

    From oepepper@21:1/5 to All on Fri Apr 8 23:33:18 2016
    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?

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  • From Anthony R. Gonzales, Sr.@21:1/5 to oepepper on Tue Apr 12 23:18:20 2016
    On Fri, 08 Apr 2016 23:33:18 -0700, 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 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.

    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.

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  • From Pertinax@21:1/5 to oepepper on Wed Apr 13 10:03:58 2016
    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.

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  • From Anthony R. Gonzales, Sr.@21:1/5 to Sr. on Fri Apr 29 21:12:19 2016
    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
    (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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