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Preamble to the Declaration of Independence 2018 Platinum Proof Coin - Life

gringott

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#3
They should make a Al Green coin with "love and happiness" on it.

When I saw this coin on the website a couple of days ago, I noted there is no picture of the coin, and it is still not there.
 

savvydon

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#4
I like the changing obverse proof platinum series. I'll be in one for sure.
 

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#5
They should make a Al Green coin with "love and happiness" on it.

When I saw this coin on the website a couple of days ago, I noted there is no picture of the coin, and it is still not there.
The picture has arrived!
 

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#8
I will need to see the price before I can decide whether to buy this one.

If it lists at $1250 or lower, I may consider buying one. Judging by last year's price of $1300, however, I doubt this will happen.
 

oldgaranddad

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#9
I don't know. Sigh! It's another uninspiring design. We really need the coin designers to find the inspiration MacNeil, Saint-Gaudens and Fraser had.
 

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#10
I will need to see the price before I can decide whether to buy this one.

If it lists at $1250 or lower, I may consider buying one. Judging by last year's price of $1300, however, I doubt this will happen.
There is a household order limit of 1 coin, which probably means the coin may take some time to sell out.

Besides, the mintage limit is 20k, which is quite high.

For these reasons, I lower my price point to $1200.
 

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#11
There is a household order limit of 1 coin, which probably means the coin may take some time to sell out.

Besides, the mintage limit is 20k, which is quite high.

For these reasons, I lower my price point to $1200.
The spot price of platinum is gaining some ground.

If spot platinum reaches $1050 by the time this coin is sold, and the issue price is $1200, then it would reflect a premium of 14% over spot...a great bargain!

Realistically speaking though, I don't see this happening.
 

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#12

savvydon

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#13
Less than a day until product launch!



The issue price is $1420, or $220 above my desired price point. As of today, spot platinum is at $1015 per ounce.

This reflects a premium of nearly 40% over spot, or twice of what I can normally accept.
I'm usually one who defends a bit of premium charged by the mint for design, packaging, etc... This is over the top, though, IMO. I bought one, to keep the series going - but I am feeling a bit disillusioned and am less likely to hang in there going forward. 2c
 

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#14
Sales figures are in!

Precious Metal Products 17EJ 2017 AM EAGLE PLATINUM PROOF 1 OZ 8892 01/29/2018
Precious Metal Products 18EJ 2018 AM EAGLE PLATINUM PROOF 1 OZ 7530 01/29/2018
The new 2018 proof platinum eagle now has about 84% the mintage of the 2017 coin (sold out at the Mint).

Some slabbed coins of previous years may be worth considering, if one has the extra cash...