MUST Watch Before Buying From The US Mint EVER Again!

[@SilverHurricane-Ray]

I bought the Flowing hair silver medal and I got lucky and recieved the 230 Privy. I had my LCS send it off to NGC to be graded... I got lucky again and received an MS70 grade. So for $200 Expidited Service , $300 total.... I have a $5,000-$7,000 Medal..... If you don't want to take a chance, that's fine. There will always be people that will....

[@SilverWolverine95]

I bought the flowing Hair Silver Medal too as seen in this video. It was my only purchase this year from the Mint...

[@NicsCoins]

@@SilverHurricane-Ray congrats

[@swilliams937]

I did buy the 2024 Uncirculated Set yesterday after learning on Louie's channel of the potential low mintages for the Jefferson Nickels and the possible (or likely) last year of the Kennedy Half Dollar design. First set bought since 2019.

[@SilverWolverine95]

2023 UNC set had a lower Mintage limit of 185,000 verses 190,000 in 2024. The US Mint struck a lot of 2024 Kennedy halves business strike for Circulation. 2009 had the lowest mintage in decades for all business strike coins but the UNC sets of 2009 are dirt cheap. However they made I believe over 700,000 of the UNC sets... I think the money would be in Nickel bank rolls... Good luck, but I am not buying any..

[@yotefan8286]

@@swilliams937 He’s right about the Nickels. I thought the Kennedy changes after next year.

[@cowhand6112]

So a few Winners but a lot of "ehhs". Collect what you like, because if you're playing the "Make Money Off Mint Products" guessing game you'll need to be exceptionally sharp, focused and disciplined. Good video, SW.

[@wileecoyote5749]

The biggest scam is sending off a new release coin thats encapsulated from Mint to be graded.

[@wapphigh5250]

💯

[@allthingssilver7635]

Getting anything modern, especially bullion, graded is dumb to me.

[@jonathancrocker366]

I can understand wanting to get certain coins graded to preserve for future generations in your family. That's ok to me. To each, it's own. What I don't understand is how someone can send in a new coin from the mint still in ogp and capsule, yet it comes back a 69 or worse. Shouldn't they all come back 70's as long as the capsule has never been removed?

[@wapphigh5250]

@@jonathancrocker366 what is going on is utter madness and only confuses a potential buyer (like me). That's why I tend to avoid "graded" new silver...

[@jeanious2009]

@@jonathancrocker366you only get 70’s if you have the premium level membership and pay an additional 50 bucks for that “70” grade. So basically only dealers with accounts can get 70’s . Joe’s only can get 69 as the highest grade no matter how new or mint the coin is. It’s a scam for sure!!

[@scotts1356]

Great video. I'm really disappointed in the performance of the 2021 Eagle reverse proof set. I thought this set would go up quite a bit in price. I bought 2 sets and had them graded. I got back a set of 69's and a set of 70's. The 70's aren't doing too bad, but again, I thought the prices would be much higher.

[@LegacyStacker]

Hi Silver Wolverine! Love you videos! Collecting modern silver coins is a long, long term sport. I'm hoping to give my American Silver Eagle Proof Collection to my grand kids (even though they haven't been born yet). That way, they should be more rare, and worth more, say 100 years from now! 😎🏆

[@GoldAddict]

The silver flowing hair medal will do very well…they will make more coins like it but they will all be different tributes to different designs…the flowing hair is like the first in the series…the flowing hair will likely do as well as the v75 proof silver eagle…in the long run..especially once they start coming out with other tribute designs in the series…they made way too many peace and Morgan dollar coins…and they are minting a lot of silver eagle proof coins…gotta buy the stuff that is not minted every year

[@SilverWolverine95]

They need to strike less than 200k for the Morgan & Peace like in 2021 and same for the Eagles without 40 coin bulk packs... IMHO

[@GoldAddict]

@ the V75 gold eagle was the best opportunity the mint has and will probably ever have available to the public…the gold flowing hair isn’t even on the same level…and the privy coins don’t count because there was no opportunity to purchase from the mint…not even worth taking about…I can’t believe people are paying as much as they are for the gold flowing hair dollar with privy mark…to me it is a scam because it was never released by the mint…but will be sold at an auction…this is a dangerous idea that might be something the mint will start doing more often…making the rich even richer and the poor even poorer…too good of a coin for us pissons to be able to purchase…only for the elite…it represents everything that is wrong with our country right now…what a disgrace!

[@SalivateMetal]

I'm not buying the modern commems anymore from the US Mint. But, if I can find them on the secondary market for cheap, I may pick them up.

[@SilverWolverine95]

yeah modern commems have a history of doing horrible on the secondary market.. Thanks Sal.....

[@yotefan8286]

Thanks to you, I purchased all of the 2021 offerings you talked about. How we pulled that off with the website crashing still amazes me.

[@SilverWolverine95]

That's only some of what I purchased in 2021. I have a lot more lol I should be a video about it...

[@COUNTSLURPULA]

I went for the 2024 p first 🌟 privi ASEs. Love em'!

[@GardenerEarthGuy]

I managed to get several of the W and flip them from watching your channel. Not shocked to hear where it's settled at....

[@SilverWolverine95]

Congrats!

[@kcnthebay1369]

Nope I am done and they fill the hurt because a bunch of us are done with the us mint.

[@SilverWolverine95]

I am very selective..

[@comppro123]

I think the problem is that new collectors do not realize that numismatic products take twenty or more years to appreciate. When they do not get rich quick, they sell their products on the secondary market depressing prices.

[@adamjam9541]

I try not to base purchases based on the resellers market. But this was a good video

[@Silverstreak69]

I guess I'm pretty lucky. I was able to purchase one of the 2019 Enhanced Reverse Proof ASE from San Francisco, and one of the V75 Privy Mark ASE back in 2020. But due to the Mint's price increases I reduced all my subscriptions from 3 to 1. I wanted to start a collection for my granddaughters but since the mintages are so high they'll be able to obtain their own some day if they become interested.

[@SilverWolverine95]

Congrats on getting them two coins and good luck with future collecting...

[@williamfender661]

Buy cheap what people don't want right now. I have 30 of the 2023 regular, proof, and reverse proof graded 70, mostly CAC and some PCGS Morgan and Peace dollars. Would like to buy 10 more for 40 total and pack them away for the long term. Buy what they don't want and sell what they do want.

[@bullionbandit3733]

Good Recap!

[@PirateStacker]

I'm here for this! Was there any big push to buy these coins you're talking about (west point eagle proof etc...)? Wow, question answered, quite a drop. That S Reverse Proof was the Coin that got me into stacking! Bought and sold it for $1,100 the day it came in. Good info here, thanks for sharing man!

[@jonathancrocker366]

My last purchase was the Flowing Hair. But I'm subscribed to receive all the eagles and all the women's rolls/ silver quarters.

[@sfkimrush]

I will no longer buy from the mint to keep my collection complete. Instead I will buy very selectively with a focus on coins I like or must have. Hoping prices go up is a poor reason to buy because as you point out, too many mint products either do not hold their value or can be purchased elsewhere for less.

[@Seafarer62]

I had 2 Reverse Proof Morgan/Peace sets on subscription. However about a month ago, I lowered it to 1 to protest the mint's behavior this past July when they raised the price of silver right before the other Morgan/Peace individual silver dollars were released. Highway robbery going on and Trump had better find someone to fix it and put Ms. Gibson on the unemployment line.

[@mykittenisagrandmaster4381]

Haven't purchased anything from the US Mint in a while now

[@Andranik05]

Keep in mind inventory on the secondary market may be cherry picked for 70’s. One dealer admitted that the best material is not offered for resale in OGP. So you can take the gamble direct from the source and end up with a 69 or a 70.

[@SilverWolverine95]

I would only buy a graded 70 off the secondary market if I can get it at, near or less than issue price... However, I would have no problem buying in the OGP from a LCS after seeing the condition.... Thanks for the comment and good point about grading rejects on the secondary market...

[@NicsCoins]

I am boycotting again lol

[@allthingssilver7635]

For how long? 😂

[@rockysuperstar1]

NicsCoins I am with you :-))

[@SilverWolverine95]

LOL, Is it time for you to admit Morgan 2021 is the Greatest?

[@NicsCoins]

@ haha. That will never happen. Haha

[@BobK12]

I was on line, had a gold flowing hair in my cart then was informed to remove the item.

[@GoldAztec05]

💥 Boom ☝️!!!!! Wolvie 👍👊

[@SilverWolverine95]

Boom! Gold Aztec Number 1

[@rockysuperstar1]

Good Afternoon Gold :-))

[@GoldAztec05]

@@rockysuperstar1 Yo Rocky 🍻🍻🍻🍻

[@999goldensilver]

Curious if the auction is legal? Isn't the Mint supposed to sell their products at a set price over spot. Just curious- any lawyers have an answer to this question?

[@michaelmohrle1773]

I really like the Flowing hair but I don't get the "privy" thing. It's intentionally made at a low production level so I don't see what is so collectable about that. CC, O, S etc mint marks on old pre-33 gold coins or even 1964 and older silver can be more desirable because less were made, but that was unintentionally making some legitimately rare. Just slapping a 230 mark at the same mint same production run then paying $1,000s more for it seems ridiculous to me.

[@dennisduebelbeis2974]

I liked the comment from Amadeus on Mozart having TOO MANY NOTES. 2026 will be a celebration with so much product we will be overwhelmed!

[@SilverWolverine95]

2026 will be an interesting year for sure.... I want to see what 2025 has in store from the Mint.... Thanks Dennis

[@wapphigh5250]

Were the 2021 Morgan and Peace dollar proofs originally released from the US Mint as a set? or individually? Were there any proofs of these coins released that yr? thanks

[@SilverWolverine95]

No Proof's in 2021. They were all uncirculated finish mintage limit of 175,000 each for the Morgan and 200,000 for the one and only Peace dollar...

[@SilverCpa]

The US mint needs a massive overhaul. It's such a shame to see it in its current state. They did improve the website issues atleast.

[@swilliams937]

Agreed. And no more surprise auctions unless it's declared at least a year in advance.

[@wapphigh5250]

I have no idea what's going on short term on proofs etc and am so confused by the myriad of different slabs and gradings on offer so I never try to predict the secondary market I just get what I like and rely on the underlying silver price to go up long term. This is why I avoid slabbed sets and just buy the odd BU unslabbed. Seems to me all the dealers just grab all the US mint sets they can and just break em up and slab em anyway- which simply leads to secondary market confusion, so I avoid them all Wolverine.. Does this make the original sets more valuable??! Surely there are less of them once the dealers break em up? I have no idea! The other thing in my part of the world, anything "proof" or "graded" is taxed as a "collectors" coin..(where as the basic Silver Eagle isn't) . .so who wants to pay tax on "money" anyway! Still I would like to get at least one proof or "graded".. so I guess what you are saying is if you can get any proof eagle now on secondary that is under 70 bucks that is a good deal?

[@jeffshaw4039]

Next year might be the last year that I buy precious metals coins from the mint.

[@SilverWolverine95]

2026 will be an interesting year. still waiting to see what 2025 has in store...

[@jeffshaw4039]

@SilverWolverine95 I believe it will be the last year of the current designs, and they won't come back after 2026.

[@grantv2313]

Check out the 2021 gold liberty medal with the bucking horse. They’re going for about 3x issue price right now. Wish I would have nabbed one of those. It comes down to mintages. ASEs are popular and more than 30k people want to have them all so the ERP from 2019 costs a fortune. The 2011 set was 100k. That’s about the cut off for low mintage and has to be a popular set. 250k just is not low mintage. There are too many yahoos and flippers now that think they’re so smart buying from the mint to flip everything. I wish this people would do something else. They always flood the market and don’t realize everyone else has the same idea so it drives prices down by the people who desperately need to sell because they shouldn’t have bought in the first place. Not real bright. Everybody wants to make a quick buck so I’d imagine mint prices will continue to climb to account for it.

[@SilverWolverine95]

Yup... The 2021 Gold Liberty Coin with the bucking Bronco is doing very well...

[@richardmetcalf2346]

I'm done with the mint. Unless they come out with a very low mintage beauty that I won't have to wait 100 years for it to gain in value.

[@dondesnoo1771]

Better off over time just buy junk silver sell when high buy back w low 21x face from 4-5 ok in my view

[@zzyzxRDFwy15]

I received great pleasure from this video.

[@SilverWolverine95]

Why is that?

[@nickelstacking2023]

I am never going to buy from the Mint .

[@cliffordyamasaki6169]

Funniest story of gold flow,guy bought and complained bout $20 postage.another guy bought at balt show and bragging and looking at it crossing street.guess what happened.you forget it's a hobby,not stock market.did they mention on gold sale you had to pay in 5 minutes after confirmation

[@josiahskurlock6380]

You sound drunk or high 😂

[@SilverWolverine95]

Just think how I would sound if I was actually either of those lol