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2017 Boys Town Centennial Coins

Discussion in 'PM's - Coins - Numis - Base Metals' started by Starter, Mar 7, 2017.



  1. Starter

    Starter Silver Member Silver Miner

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    The Boys Town coins will be available at the Mint starting Thursday this week.

    https://catalog.usmint.gov/boys-tow...lad-half-dollar-17CF.html?cgid=commemoratives

    https://catalog.usmint.gov/boys-tow...d-silver-dollar-17CD.html?cgid=commemoratives

    I did not post a link to the gold coin, as I do not like the design. Still, I think the designs for the silver and clad coins are good, especially the clad.

    This theme is not popular at all, but the mintage numbers might end very low for this reason. There will be an introductory discount of $5 for each coin.
     
  2. Starter

    Starter Silver Member Silver Miner

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    At the moment, the clad unc looks like the best bargain of the group at the introductory price, due to the discount taking off a greater proportion of the regular price. And the clad design is the best of the 3, in my opinion.

    On top of that, the 2016 National Park clad unc coin was able to set a new mintage low in its series, even though it was the only clad commemorative coin sold in 2016 (unlike the silver and gold coins, which achieved low mintages partly due to the Mark Twain coins)--suggesting that low mintage is an ongoing trend especially for the clad unc commemorative coins.
     
  3. Starter

    Starter Silver Member Silver Miner

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  4. Starter

    Starter Silver Member Silver Miner

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  5. Starter

    Starter Silver Member Silver Miner

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    First week sales numbers are out for the Boys Town coins...
    Here are the corresponding NPS coin sales from last year, on their first week...
    Though it is too early to say, the Boys Town gold unc actually has a chance of setting the new mintage record, selling lower than the NPS gold unc (the new record holder) in its first week. But I fear that the poor design of the Boys Town gold unc may be the reason for the low sales, putting a damper on any hopes for a big rise in aftermarket prices.

    My sights are still focused on the Boys Town clad unc, but I won't be ready to buy until I have seen the next two sales reports and are happy with them. Looking at the first week of sales, though, it is doing just fine. The high sales are simply a reflection of the great design of the coin and its interest to collectors, which will help prices in the aftermarket.

    On the other hand, the Boys Town silver unc may prove to be the dark horse winner in the end, striking a good balance between low mintage and good design.
     
  6. MrLucky

    MrLucky Silver Member Silver Miner

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    I agree the clad coin has the best design. I'm still trying to figure out how a coin depicting "Boys" Town has a girl on it as the main character. I'm sure it's been discussed ad-infinitum elsewhere, but it's confusing to me. Meh, to the gold coin.
     
  7. GOLDBRIX

    GOLDBRIX God,Donald Trump,most in GIM2 I Trust. OTHERS-meh Site Supporter Platinum Bling

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    I know why the theme is unpopular. VVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVV
    I guess the pedophile connections needs financial support. ( Boys Town REGIONAL Office in Washington D.C. ???)

    "...Nebraska Republican Senator Loran Schmit, worked with Stitt and investigators to build the case and soon they had five solid victims whose testimony would work in court to bring the various suspects to justice.

    Little did he know, that powers to be in this seemingly corrupt Midwest state, would block every move to bring the case forward and that even the media would serve as a partner in the crime of coverup. As it turns out one of the suspects worked in the upper echelon of a daily newspaper that served as a tool for discrediting victim testimony.

    Victims who came forward were persecuted; one key witness would testify in mid stride that he made up his allegations. A female victim who stuck to her story of years of rape and sex abuse at the hands of top officials in Lincoln, Nebraska, was convicted of perjury and sentenced to 15 years in prison."...

    http://thoughtcrimeradio.net/2015/0...ld-sex-scandal-boys-town-in-lincoln-nebraska/
     
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  8. dacrunch

    dacrunch Platinum Bling Platinum Bling

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    With pictures from the "Franklin cover-up"? Yikes!
     
  9. birddog

    birddog Gold Member Gold Chaser

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    More from Bix...

     
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  10. Starter

    Starter Silver Member Silver Miner

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    Here is some good background on Boys Town:

    https://en.wikipedia.org/wiki/Boys_Town_(organization)

    From the article:

     
  11. Starter

    Starter Silver Member Silver Miner

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    I offer a few explanations:

    1) The child on the obverse of the coin may actually be a boy, not a girl (my neighbor has a 4-year old son who is often mistaken for a girl, due to his long hair).

    2) The key word on the coin is "child", which agrees fully with the name "Boys Town" and the picture of the child (most likely a girl), creating a sense of inclusion for both genders of children.

    3) Regardless of the apparent contradictory artwork and inscriptions, the silver dollar is quite original in that it starts a sentence on the obverse and finishes it on the reverse. This element of originality, to me, is a strong point in the coin's design that complements the natural strength of the design in the artwork.

    But even with all the good points of the silver dollar design, the clad half dollar design wins on the sheer technical achievement of the artist.
     
  12. dacrunch

    dacrunch Platinum Bling Platinum Bling

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    no "likes" or "comments" - so for those who've never heard about it (out of the loop, or too young) =

     
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  13. Foxwoods Man

    Foxwoods Man Silver Member Silver Miner

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    Wow...some built up aggression has f'd up this thread. Guess that's what happens when there is no moderator
     
  14. MrLucky

    MrLucky Silver Member Silver Miner

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    From the US Mint.
    The front of the coin shows a young girl sitting alone and gazing upward into the branches of an oak tree looking for help. The empty space around the girl is deliberate and meant to illustrate the child’s sense of loneliness, isolation, and helplessness. The back of the coin features an oak tree offering shelter and a sense of belonging to the family holding hands below it, which includes the girl from the front.

    It's a girl!

    So still confusing, at least for me.

    Nah, this place is usually quiet. It's just a few rabble rousers passing through. :)
     
  15. Scorpio

    Scorpio Скорпион Founding Member Board Elder Site Mgr Site Supporter ++

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    Guys, please keep this thread related to the coin,

    and by all means start another on the 'history' of those involved in so many ways,

    Gracias'

    as for there not being mods around, yeah we are around,
    we just don't go heavy handed or read every thread across all forums,
     
  16. GOLDBRIX

    GOLDBRIX God,Donald Trump,most in GIM2 I Trust. OTHERS-meh Site Supporter Platinum Bling

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    Dang Scorp. I was just getting ready to launch another tirade.

    On Topic: I will NEVER buy one of those coins or sets.
     
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  17. Dude

    Dude Midas Member Midas Member

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    Heh, dad always threatened to send us to Boys Town. We all ended up with math and engineering degrees, lol. To stay on point, my opinion to perhaps buy the coin would make me remember the threats but realize the next step in the progression after the threat would be a belt to the butt. 3 boys were a handful for my mom.
     
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  18. Starter

    Starter Silver Member Silver Miner

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    Sales numbers for this week:

    And National Park sales from one year ago:

    Although the Boys Town gold unc has a big margin under the NPS coin at this point, I have a feeling that they will even out as the year goes on, due to lack of other choices in the gold commemorative space. The extra competition from the 2016 Mark Twain and half/quarter/tenth-oz Centennial gold coins really kept the NPS gold mintage down throughout last year--but the Boys Town gold unc won't have that competition to keep its mintage down...

    These sales numbers are starting to look very good for the Boys Town unc silver dollar. Reason number one is that it's selling very low compared to the NPS unc silver from last year, at -43% sales. Reason number two is that it will likely sustain this margin due to competition with the Lions Club silver dollar. And reason number three--the reason to choose the silver dollar over the gold half eagle--is the good design of the coin.

    If the Boys Town clad unc drops below the NPS compared to last year (it now stands at +3.8% sales), it would be a good reason to prefer the half dollar over the silver dollar, but at this point I am leaning toward the Boys Town unc silver dollar now.
     
  19. hernancortes

    hernancortes Gold Member Gold Chaser

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    Regarding the $5 gold, it is highly, highly unusual if not unprecedented for PR sales to be below unc. To me that speaks to collector rejection of this coin. The unc sales, low as they are, in this case are going to speculators mostly. PR sales are a better guage of collector interest. The 3 coin set is only 1/3 of last years sales.
     
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  20. Starter

    Starter Silver Member Silver Miner

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    I fully agree.

    The poor design of the Boys Town gold unc will be its downfall.

    In the event it breaks the mintage record set by the NPS coin last year, it still may sell above issue price, but I doubt as high as the NPS coin in the secondary market.
     
  21. Starter

    Starter Silver Member Silver Miner

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    Here are the Boys Town numbers:

    And the National Park numbers from last year:

    So it looks like the Boys Town clad unc is still above last year's coin in sales. As the most desired coin in the series this year, it will probably not break the mintage record set by last year's coin, but the great design should be able to ensure strong prices in the secondary market.

    The Boys Town silver unc is still at about -43% sales compared to last year's National Park silver unc, just like last week, further improving hopes of ending with a low mintage.

    My opinion of the 3 coins in this series has not changed since last week, other than lowering the amount of uncertainty regarding the prospect of these 3 coins.

    I will probably go with 6 each of the Boys Town silver unc and clad unc coins.
     
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  22. michael59

    michael59 heads up-butts down Site Supporter ++ Platinum Bling

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    I am still trying to figure out why we have clad pennies?
     
  23. Starter

    Starter Silver Member Silver Miner

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    Actually, we have copper-plated pennies, which were introduced in 1982.

    Clad coins are made of a sandwich of 3 layers, with copper-nickel in the outer layers and pure copper in the inner layer. They were introduced in 1965.

    It's all about saving costs. Zinc is cheaper than copper for pennies, but copper is cheaper than silver for dimes and quarters.

    To stay on topic, though, clad half dollars have been a mainstay of commemorative coins since the Statue of Liberty clad half dollar was minted in 1986.
     
  24. Starter

    Starter Silver Member Silver Miner

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    Order completed!

    I scaled down my order to half of what I had planned originally, to give myself the freedom to purchase other great coins from the Mint!
     
  25. Starter

    Starter Silver Member Silver Miner

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    Here are some graded specimens of the silver dollar and clad half, under normal lighting:

    http://www.ebay.com/itm/2017-P-Boys...731735?hash=item4400a72b57:g:TegAAOSwB-1Y1V6P

    http://www.ebay.com/itm/2017-D-Boys...730741?hash=item4400a72775:g:5tEAAOSw4CFY2UDx

    The silver unc MS70s are seeing great interest in the secondary market already, at $80 a coin, with at least 15 buyers. For the clad unc MS70, someone bought at $200.

    I think the silver unc coin adapts best to photography lighting.

    Later, I may decide to buy a 2nd shipment of these coins. Although it will cost another $5 in shipping, the risk of having defective coins will be lowered.
     
  26. Starter

    Starter Silver Member Silver Miner

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    This week's sales numbers are in.

    Boys Town:
    National Park (last year):
    So the Boys Town silver unc is lagging in sales by -41% compared to last year's coin, while the clad unc is leading by +0.7%.

    Again, my opinion of the coins mostly remains unchanged, although there is now a small hint of the unc silver dollar gaining in popularity relative to the unc clad half dollar.

    Less than one week remains in the introductory pricing period...
     
  27. Starter

    Starter Silver Member Silver Miner

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    Although I have low hopes for the Boys Town gold unc, it might be worth consideration if gold drops $100 by the end of the year. If that happens, though, the cost savings from the price drop would far outweigh the discount of the introductory pricing that expires in a few days...so my plan is to wait to see whether that happens.
     
  28. MrLucky

    MrLucky Silver Member Silver Miner

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    Although there is a history to theory, the number of sales made within the first 8 weeks can somewhat predict the total sales of an item, there are way, way too many weeks left in the year on this one to dive in based on that assumption. If I were interested (and I'm not) I'd be waiting on the sidelines around 12/29 to decide if I wanted to purchase it.

    And even though there is always the possibilty the NPS coin of 2016 may be dethroned by this one, I can honestly say, I don't care as I really like the design of the NPS coin. Something I cannot say for this one. And if you're not a flipper, you might as well collect what you like rather than just the next hot thing.
     
  29. Starter

    Starter Silver Member Silver Miner

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    I agree with regard to the gold unc or proof coin.

    For the other coins, the introductory pricing will provide enough of a discount to make up for the uncertainty of the future--at least for me. I am considering repeating my purchase of 3 silver and 3 clad unc coins, while the introductory pricing is still effective.

    In the unlikely event that the gold coin sees 2 price drops and continues to have low sales, then I might consider buying 1 of them.
     
  30. Starter

    Starter Silver Member Silver Miner

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    The first order of coins arrived!

    I was rather impressed by the quality of the silver unc coins, and I may decide to send in some of them for grading, along with some of last year's coins. I cannot say the same for the clad unc coins, but due to the strong prices of last year's clad unc coin on eBay (raw coins sell for about $50), I am not worried.

    For the second order, I decided to scale back on the clad unc coin, due to my slightly lowered estimation of the coin's future, with only 1 clad unc coin ordered along with 3 silver unc coins. I also threw in a 2016 Reagan Coin and Chronicles set and a 2017 ATB proof quarters set:

    My focus in the near future is now to learn the process of submitting coins for grading...
     
  31. b_cahill

    b_cahill Seeker Seeker

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    Numbers through last week:

    2017 BOYS TOWN GOLD PROOF - 1260
    2017 BOYS TOWN GOLD UNC - 1681
    2017 BOYS TOWN SILVER PROOF - 18276
    2017 BOYS TOWN SILVER UNC - 8633
    2017 BOYS TOWN CLAD PROOF - 14460
    2017 BOYS TOWN CLAD UNC - 13267
    2017 BOYS TOWN 3-COIN SET - 4528

    Sales are looking pretty anemic.
     
  32. Starter

    Starter Silver Member Silver Miner

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    Indeed.

    My purchase a week ago was intended to be my final purchase of these coins for the year, due to the introductory discount.

    The silver unc coin is showing strong interest on eBay in slabbed form at MS70, though, with MCM having sold 33 of their MS70s at $84.95. Of the 6 silver dollars I purchased from the Mint at the introductory price, 2 of them have flaws on the front surface. I guess these two coins are good candidates to be sold as raw coins, if the unc silver dollar emerges as a winner.
     
  33. b_cahill

    b_cahill Seeker Seeker

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    Through 4/23:

    2017 BOYS TOWN GOLD PROOF – 1278: +18
    2017 BOYS TOWN GOLD UNC – 1694: +13
    2017 BOYS TOWN SILVER PROOF – 18505: +229
    2017 BOYS TOWN SILVER UNC – 8690: +57
    2017 BOYS TOWN CLAD PROOF – 14554: +94
    2017 BOYS TOWN CLAD UNC – 13319: +52
    2017 BOYS TOWN 3-COIN SET – 4570: +42
     
  34. Starter

    Starter Silver Member Silver Miner

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    Boys Town numbers for 5/29/2017:

     
  35. Starter

    Starter Silver Member Silver Miner

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    This dealer has increased his prices of the Boys Town MS70 unc silver dollar from $80 to $95, with 41 sold at the original price of $80 each (the last buyer got 12 coins at this price on 5/13).
     
  36. Starter

    Starter Silver Member Silver Miner

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    Last week's numbers

    Right now, it is looking like Father Flanagan might just make history this year...
     
  37. Starter

    Starter Silver Member Silver Miner

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    Order placed!

     
  38. Starter

    Starter Silver Member Silver Miner

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    Boys Town Mintage numbers:

    Very low compared to National Park numbers from one year ago:

    Glad I got my coins with the early discount!
     
  39. MrLucky

    MrLucky Silver Member Silver Miner

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    And yet, "who cares"? Haven't seen much chatter on this like last years NPS coin.

    This may confirm the statement that a low mintage does not necessarily make a coin desireable.
     
  40. Starter

    Starter Silver Member Silver Miner

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    It is no secret that the Boys Town coins are unpopular (except maybe for the clad half, which seems to draw buyers on the strength of its design).

    If the gold and silver unc coins end lower in mintage than the NPS coins by significant margins, the coins won't need nearly as many collectors to propel their market prices upward, as the smaller collector pool will be countered by a smaller number of available coins.

    I myself am not nearly as enthusiastic of these coins as I was with regard to the NPS coins last year, but I am still curious to see how these coins will do in the next few years.
     
    Last edited: Sep 7, 2017

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