Are Modern Commemorative US Silver Dollars, the next Silver Sleepers? A Sleeper can be something available & uninteresting, at a reasonable price, that can become interesting & unavailable and expensive. Since 1982, Modern Commemorative US Silver Dollars, final mintage numbers, have been going down. Many are way below the US Mint's maximum mintage numbers, suggesting there is not much interest.
This Robert Francis Kennedy beauty, had an authorized mintage, of 500,000, yet only about 200,000 were ordered and minted, in both Brilliant Uncirculated and Proof. In 1998, they sold for about $32 -$37 (USD).
Some final mintage numbers, for others, are as low as, under, 16,000. Thanks for looking and checkout, #silvergoldstackers, to see what other Stackers are doing.
If they haven’t caught on by now they most likely never will.
Yes, you are probably right, @silverd510. But at $23, each, LCS, I had to have some, of what I though, were the better. LCS, discarded the original mint boxes & COA, maybe 200, because they took up an entire display case & put them in a shoebox full. Way, too many for my budget. The first are almost 40 years old.
Don’t get me wrong they are well struck, some very low mintage. But if nobody wants them there could be only 3 in existence and it wouldn’t matter. Commemoratives are either hit or miss. It seems like mostly miss though. Just look at the Royal Canadian Mint, they make hundreds of them every year. A few years later you can buy them for half of the original offer price.
Yes, I understand, @silverd510. I guess, part of my point, was that a lot, of the older US Mint items, at the LCS, are much cheaper, than current, similar, US Mint items.
Are these ancient silver common all over the world?. Seems like I haven't come across anyone in my country Africa
No, these modern US Commemorative Silver Dollars are no more than forty years old. Mostly in the USA, probably, not many, have found their way to Africa & elsewhere. Thanks for looking and commenting, Adeshina - @mandate.
As far as I know, if a Canadian commemorative is successfully launched the coin will sell out reasonably quick. Should a significant stock remain after 6 months I'd expect some modest incentive to move the inventory.
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Thanks again for looking and expressing your interest, @kerrislravenhill. The way I understand it, in the USA, the US Mint, sets, a maximum mintage, and then take orders, to not have any leftovers. I think most items are way overpriced, because, many, end up at the LCS, at a lower price, meaning the Dealer pays even less.
They are so expensive! I'm looking at the gold commemorative. They are less that 1/4 oz.
Thanks again for looking and commenting, SILVER SAVER - @silversaver888. Yes, the gold commemoratives, are really nice. They are usually, reasonably priced, when available, at the neighborhood, Local Coin Shop, but still, out of my price range. The LCS, charges as little as 3-5% over.