ATB 'P' Mint Mark Coin Thread

[ChoiceBU]

I don't think anyone has found any indication as to what the mintage of the 2011's will be. But I hope it's more than the current 27k. It's been a real pain to have to sign for the 1st 4. And they won't let anyone else sign for it. If I miss the delivery man, I have to drive 10 miles to the depot to pick it up. If this continues in 2011, I'll pass on the series. Too much trouble.Agreed, a lot of trouble! I'm getting Mt. Hood to finish up the 2010 P set, but focus is now on 2011 69dmpls to go with the 2010 bullion set ( and beyond if funds allow). Easier to get from MCM or the like and prefer the finish anyway.

[graspAU]

Storing these things is a pain. Probably end up with one bullion set and one P set (2010 only) and move back to one ounce rolls.

[Chester-Copperpot]

Kinda regretting starting these things. So far I have 2010-2011 bullion and 2010 P set. The premium on the P's are very high, and with the amount spent on these so far I could have had a lot more bullion. Part of me wants to have two complete sets, but on the other hand I could accumulate a lot more silver than pay the heavy premiums.

[lightcycler]

Kinda regretting starting these things. So far I have 2010-2011 bullion and 2010 P set. The premium on the P's are very high, and with the amount spent on these so far I could have had a lot more bullion. Part of me wants to have two complete sets, but on the other hand I could accumulate a lot more silver than pay the heavy premiums.

Yes but think of all the fun ur having. Priceless :) The rewards will come.

[lightcycler]

Storing these things is a pain. Probably end up with one bullion set and one P set (2010 only) and move back to one ounce rolls.

I pick ones I like and get mint tubes of them. Nice easy storage.

[Chester-Copperpot]

Yes but think of all the fun ur having. Priceless :) The rewards will come.

Ramen noodles aint fun. :mad:

[lightcycler]

Ramen noodles aint fun. :mad:
Add a couple eggs and its a great meal :)

[MrLucky]

Look out below...........falling prices

Selling for less than original mint price (in ogp)

Yellowstone
http://www.moderncoinmart.com/cart1/product.php?productid=23416&cat=223&page=1

Yosemite
http://www.moderncoinmart.com/cart1/product.php?productid=23472&cat=223&page=1

[ChoiceBU]

Those must be the culls they didn't think would grade - not showing a close up. That being said, I got a graded Vicksburg 69 DMPL from them for $299. Prices falling for sure!

[cpthnsolo]

Look out below...........falling prices

Selling for less than original mint price (in ogp)

WoWzErS this is BIG news considering the Yosemite is still available from the mint. I'm still going to order one of the next one, but if the premiums don't fall on the 2011 versions then I'll probably pass on the line altogether. Of course if silver spikes again then all bets are off as the premium decreases.

[MrLucky]

Yes, it does. It looks like MCM doesn't see a long future in ATB's and is dumping stock. I'll bet their buy price for an ogp ATB is pretty low if there even is one anymore. They offered me a significant premium for my NP1 & NP2 coins a few weeks back (I decided to keep them). I bet that offer is toast now.

[HistoryStudent]

5 oz. in MS or SP:

I'm wondering if the falling prices mean the popularity is diving because of the size, cost, slab size, and such?

Hmmmmmmmmmmm...

I also wonder if they'll be MINTED in 2012-2031? For several reasons especially supply.

[MrLucky]

Some interesting questions. They will probably be minted in 2012 and so on, but popularity will die. Mintages may be reduced below, whatever the number is, since no one knows yet. The 2010 may eventually be the highest mintage of the series, like the early spouses were. Then people will melt them and then we will have a silver spouse story.

As for slabbing, double the cost of the coin for an sp70 vs an sp69 is ludricrous. Wait a few years, an sp70 will be cheaper. mho

[ChoiceBU]

Too much speculation on these pushed the prices up early. But it's a fine way to have physical bullion or buy the highest grades, MS or SP to collect, imo.

[lightcycler]

Some interesting questions. They will probably be minted in 2012 and so on, but popularity will die. Mintages may be reduced below, whatever the number is, since no one knows yet. The 2010 may eventually be the highest mintage of the series, like the early spouses were. Then people will melt them and then we will have a silver spouse story.

As for slabbing, double the cost of the coin for an sp70 vs an sp69 is ludricrous. Wait a few years, an sp70 will be cheaper. mho

Not sure how you are so sure popularity will die? The potential collectors for this series are just becoming aware they exist. It took some time for the state quarters program to get rolling. The circulating quarter versions of these are just now getting into circulation. I see a potential for a very large collector base and the scenerio going completly opposite of the one you lay out. Time will tell and I"m certainly not saying there is any gaurantee of popularity but many driving forces not found in the gold spouse series. Prior to the series how many people could even give the name of one of the spouses? Dang sure bet most folks know all about the Grand Canyon.
I do agree the price of the 70's will come down. I'm not a buyer at current prices for sure.

[MrLucky]

It's a theory, everybody has one, that was mine. Yes, time will tell, and frankly, I hope I'm wrong. But I'm thinking....

1. multiple year series (loses interest)
2. high cost (yes it's not gold, but high cost for the silver collector vs a 1oz SAE)
3. hard to store (7ft tall column x 5.4" x 5.4") or 2 boxes 11" x 11" x 11".
4. Future, more interesting issues. (I don't even know some of these parks exist).
5. Who has a complete set of collector SAE's? (no one I know, they all go for the bullion version).

I compared the collector ATB's to the spouses, as the spouses started out with a bang, and are now limping along. And who cared about a presidential spouse before that issue? And who cares now? Not many by the mintages coming from the mint.

(don't mind me, I having a boring day at work ;))

[ChoiceBU]

I had no desire to collect this series, did not even know these forums existed. It started out just trying to get a 2010 set on a lark - curiosity. Then the chase for sets got to be a game, etc. But once I looked at the coins, the dmpls, they kind of awed me, and each park has it's own merits/details. Who knows if it catches on with general population, but I'd say there's a good possibility because if a non-collector is considering it, who else might?

[Foxwoods Man]

It's a theory, everybody has one, that was mine. Yes, time will tell, and frankly, I hope I'm wrong. But I'm thinking....

1. multiple year series (loses interest)
2. high cost (yes it's not gold, but high cost for the silver collector vs a 1oz SAE)
3. hard to store (7ft tall column x 5.4" x 5.4") or 2 boxes 11" x 11" x 11".
4. Future, more interesting issues. (I don't even know some of these parks exist).
5. Who has a complete set of collector SAE's? (no one I know, they all go for the bullion version).

I compared the collector ATB's to the spouses, as the spouses started out with a bang, and are now limping along. And who cared about a presidential spouse before that issue? And who cares now? Not many by the mintages coming from the mint.

(don't mind me, I having a boring day at work ;))

Well I was with you until #5....The "collector ASE set" ( W mint marks) started in 2006 and has a total of 3 coins so far. If you meant proofs that is a great set to try and get and, with the exception of one year, very affordable.

[lightcycler]

Quite a stir going on over the light finish/no finish on the Grand Canyons. MCM had some graded by NGC as light finish. Not of interest to me but it sure has created a stir.

[MrLucky]

From coinupdate.com

http://news.coinupdate.com/atb-five-ounce-silver-coins-new-variety-discovered-and-other-recent-developments/

Meanwhile, the Mint has announced that not at all 2011 P numismatic versions will be sold this year but has not given a reason for the delay, specified which 2011 coins will be delayed until next year, or announced mintage levels for the 2011 coins. I think it would really help collectors if the Mint would be more forthcoming about details of the 2011 program, especially after releasing so many ATB’s at once which depressed demand and prices. Collectors need to be able to plan and budget for all these coin purchases, especially during a year when their budgets have taken such a heavy toll.

Rising silver prices seem to have spurred some renewed interest, but there is no question that demand has declined for these coins. If the 2011 P mintages are higher than 27,000, as many expect, demand for the collector versions will be in jeopardy, and I am not sure I will collect them. I may opt to continue the bullion set instead, depending on what happens to silver, and will not have them graded after a recent bad experience. But it is possible to get some good deals on already graded examples including MS69 and MS69 PL/DMPL coins for small premiums over raw coins.

[ChoiceBU]

Quite a stir going on over the light finish/no finish on the Grand Canyons. MCM had some graded by NGC as light finish. Not of interest to me but it sure has created a stir. Read Mr. L's article about the 2011 Mint coins and they mentioned the finishes. Here's one person's comments to the article -
"tom says:
July 21, 2011 at 7:07 am
Yes there is three versions, the regular vp blast than the light blast and than there are some without the VB blast at all. After reading the post from Aaron, my buddy brought his by for me to send in to pcgs, as soon as I looked at his I knew there was a difference, The one we got was a light finish really its easy to notice the difference. Now some people are saying the light vb is not an error but the ones without are, If you go watch the mints video on how these are made you will notice in the video they are showing a P puck without any VB blast? So those never entered the blaster meanwhile the light blasted ones did go thru the process but for some reason didnt get the full VB. So which is the real error, the one that didn’t even go thru the line or the ones that went thru but didn’t get the right amount of VB? To me if your gonna reconize the NO VB than you must reconize the light VB..."

Huh:confused:

[lightcycler]

Throw them in the melt bucket!!!!!!!!! Damaged goods to me!!!!!! What other industry other than coins does an error become worth more???? Seams like a silly game to me :)

[ChoiceBU]

Well, you obviously know nothing about coin collecting;) - see here one went for a grand already!!!!!!!!

http://cgi.ebay.com/2010-P-5-Oz-ATB-Grand-Canyon-NP4-Light-Finish-NGC-SP67-/140580156736?pt=Coins_US_Individual&hash=item20bb3af540

[silverbusa]

Throw them in the melt bucket!!!!!!!!! Damaged goods to me!!!!!! What other industry other than coins does an error become worth more???? Seams like a silly game to me :)


in the world of same old same old,,it's the things that are different from the rest that draw our interest

[MrLucky]

Well, you obviously know nothing about coin collecting;) - see here one went for a grand already!!!!!!!!

http://cgi.ebay.com/2010-P-5-Oz-ATB-Grand-Canyon-NP4-Light-Finish-NGC-SP67-/140580156736?pt=Coins_US_Individual&hash=item20bb3af540

That's a Buy It Now. Asking a grand (actually $999) and getting it are two different things. And it's "only" an SP67. :D Got a completed auction link?

[ChoiceBU]

Look at the auction - history - 1 sold yesterday, $999 (ok a dollar under a grand, I got carried away)!!!

[Dvorak]

That's a Buy It Now. Asking a grand (actually $999) and getting it are two different things. And it's "only" an SP67. :D Got a completed auction link?

He had two for sale, one sold.

[earplugs]

Well, you obviously know nothing about coin collecting;) - see here one went for a grand already!!!!!!!!

http://cgi.ebay.com/2010-P-5-Oz-ATB-Grand-Canyon-NP4-Light-Finish-NGC-SP67-/140580156736?pt=Coins_US_Individual&hash=item20bb3af540

probably an employee buying it, so the next buyer says "omg, someone else bought so I gotta buy clickclickclciclklckclick" kind of like when you go to a furniture store and all the sales people say "oh we only got one left, hury up and buy!"

[voidus]

Do all the 4 "P"'s have the light and/ or regular finish? Or is it the Grand Canyon P only, that has the light finish?

[voidus]

Do all the 4 "P"'s have the light and/ or regular finish? Or is it the Grand Canyon P only, that has the light finish?

Guess this answers the question........

Grand Canyon coins lack post-strike finish
http://www.coinworld.com/articles/grand-canyon-coins-lack-post-strike-finish/