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"SUN"'s Blog

23 Feb 2021

Coin Thoughts #112 by "SUN"

Coins-United States | "SUN"

MODERN COMMEMORATIVE BARGAINS?


Have you taken a look at modern commemorative silver dollars lately? I feel modern commemoratives are not as popular as they were in the past. Most new commemorative programs do not come close to selling out. It might be time to add a few to your collection if you are looking for a new field to collect.


There are several modern commemoratives that have mintages less than 100,000. Most of these low mintage commemoratives are the uncirculated version. Some of these coins can be purchased near or below the issue price.


I was able to obtain these two Louis Braille Bicentennial Silver Dollars for $58. The proof issue price was $37.95 (mintage: 135,235), the uncirculated version was issued at $31.95 (mintage: 82,629). Plus the coins have been graded by a third party.


I received two modern commemoratives for less price than what one 2021 Christie McAuliffe Commemorative Dollar with an issue price of $73 for the proof and $68 for the uncirculated coin. The 2021 National Law Enforcement coins will cost you $79 for the proof and $74 for the uncirculated coin.


Take a look at Modern Commemorative coins from years past, you might fine some interesting coins to add to your collection at a reasonable price.

Comments

Mr. B Coins

Level 4

Thank you for the very useful information. Beautiful coins. Stay Safe, Mr. B

coinsbygary

Level 5

With the spot price of silver being $27.00 per ounce and given the certification cost, you paid a very reasonable price for these two coins. Finding good pieces for your collection is exciting, especially if you also find them at a good price!

Stumpy

Level 5

Excellent blog and great points made. Later l

TheNumisMaster

Level 5

Very interesting... agree! Sometimes you can find KILLER deals on commems, especially that are PCGS graded. I feel like NGC has a higher demand with collectors. I might do some bargain hunting now.... catch ya later!

slybluenote

Level 5

WOW...What a coincidence ! I just got finished posting about the 2008 American Legacy Set and the 2011 modern commemorative that I recently purchased also! As usual, I resemble ALL of the above remarks. The only reason I have so many commemoratives is that they come in the Prestige proof sets I'm collecting and the 4 American Legacy sets I collected. It also states in the " Coin Series Guides" https://proofsetguide.com/prestige-proof-sets-premier-silver-proof-sets-american-legacy-collections/ loss of interest by the public really hurt sales for the commemoratives. Great pick up and thanks for posting!

Mokie

Level 6

SUN, you found yourself a tremendous bargain and well worth the price paid. My main problem with the modern commemoratives is the seeming lack of artistry compared to the classic commemoratives. The detail is minimized, the relief is generally low, and the computer has replaced skilled classically trained hands. I think that is why the sales are poor. Just one example to illustrate my point, the Buffalo Nickel was reproduced as a Silver Dollar commemorative dated 2001. It was a BIG success, but if compare an uncirculated Buffalo Nickel with the 2001 Buffalo Dollar, you see the lack of detail and overall poor rendition of a classic. I have a few modern commemoratives but they will never be a collecting focus.

TheNumisMaster

Level 5

Agreed with Gary... I am worried to see the horror the mint may produce in the 2021 dollars.

coinsbygary

Level 5

Computer imaging is why I think the mint may manage to mess up the coming 2021 anniversary Morgan and Peace dollars.

Long Beard

Level 5

Wow, that was a score. With silver at $27 an ounce, and although only 90%, you picked them up for just under melt. So essentially, the grading is free. Well done. I believe the reason most collectors lost interest stems from the theme selected and what it represents. One could also point to an over abundance of options associated with each release. However, in the past year alone, extremely low total mintage figures leaving many without is surely a contributing factor. What's interesting is that these numbers only seem to apply to the themes in which the mint knows would be highly popular. One may only wonder at the mint's logic and mental state over the past few years.

There are quite a number of unimaginative modern commems out there, but occasionally something nice slips thru the gate (such as the Apollo 11 issue). What the later issues have going for them are low mintages, especially in mint state strikes. I have purchased quite a number of post-2010 issues in MS mainly for low mintages. I am wrapping up completing a full silver set of classic commems and have considered going full-steam with a modern set as well, but I can't hold my nose that long. Mike put it best when he said moderns lack the magic. But as with everything else, collect what you like.

Longstrider

Level 6

A nice hint for gifts to a collector. Like most, I prefer the classics but there are indeed some modern I have bought. Great pick ups Sun. Well done. Nice photos. Thanks.

Mike

Level 7

Yes there are a few modern conservatives that I like. But when you hold those from 1918 to the 1930's there is a magic in them. Those old commens are absolutely wonderful. I do not like most of the modern commens. There designs are not thought out. Boys Town was nice. The ones you have are nice. Ellis Island one of the worse. . The family is standing g there the little boy holding a flag with no stars. Please. Also if I recall the Supreme Court ruled that N.Y owned part of the Isladnd. But only N.J. Is on it. I will not go on. Thanks for the blog well done.

Kepi

Level 6

I agree with you Sun, the new Commemoratives don't seem as near popular as the old ones. I like the classic designs of yep, the old Commemoratives. Thanks for a good blog! ; )

Golfer

Level 5

Those are really nice and inexpensive considering. Would make nice gifts also.

CoinHunter

Level 5

Those are really nice coins! I might purchase some from my birth year (2005) some day....

I. R. Bama

Level 5

I've been too dismissive of them. True, I think the classics were much better, but I really like my Thomas Jefferson commemorative.

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