The design and engineering characteristics are nothing short of amazing on the next generation $100 bill. As the following article from July 2010 will illustrate, newer and more revolutionary printing will accompany more and more flaws in the printing processes. Therefore, all those road blocks have since postponed the release of the new bill. What collectors and strap searchers will find in these new bills will be nothing short of plentiful. Offset printing, mismatched serials, ink bleeds, and a wide variety of errors are just a scratch of the surface. Here's the c/net article that first broke ground on the printing process at the BEP:
http://news.cnet.com/8301-13772_3-20009315-52.html
It could be another 12-18 months before we see the new bills in circulation, but it will be a fascinating release as the new design will forever initiate a new structure for future Federal Reserve Notes to come. The old "green back" will soon be just an afterthought...and ultimately a more collectible piece for those that want to revisit the olden days.
Tuesday, January 24, 2012
Monday, January 9, 2012
The Flip & Profit Coin of the Month - 2011 D US Army Commemorative
A quickie update for the second week of the year. If you haven't jumped on board the 2011 25th ASE train, then here's the next big buy and flip opportunity.
2011 D US Army Commemorative Clad Half MS69 PCGS or NGC (New Release or First Strike)
With an initial mint release price of about $20, nobody could have predicted the runaway success of the US Army commem. With a mintage of just 39,461 pieces for the Uncirculated example and 68,349 proofs, it's a low mintage run profiling one of the most storied branches of the US armed forces. Realised eBay auction prices have ended conservatively this week in the $85-100 range for the slabbed examples. Some have toppled $125-150 for the auctions that have ended on an evening timeline!!
Despite big prices, the good news is that there are deals still to be found. Collectors will have to scour third party sites like Paradise Mint and Littleton, but believe it or not you can still double your money by taking advantage of these prices. How long the trend will last is anybody's question, but I can see some stabilizing here in the next month or so (through February 2012). I predict a range of $50-60 on average a fair estimate. And what's even more enticing to buy the raw pieces, is that there are no MS70 examples as of yet! I would venture to guess a first graded of such will command astronomical money. Still not too bad for a "clad" coin that lots of people bought for $20.
Update 1/9/2012 2:56pm: In addition to the mint, nearly all 3rd party vendors has reported selling out the uncirculated clad version of this coin. A couple sources carry the lesser expensive proofs, but for the same money that the uncirculated pieces were going for. As of this time, local dealers and auction sites will generate the best chances of finding this commemorative. Buyer beware of the prices, they are extremely volatile at this point.
2011 D US Army Commemorative Clad Half MS69 PCGS or NGC (New Release or First Strike)
With an initial mint release price of about $20, nobody could have predicted the runaway success of the US Army commem. With a mintage of just 39,461 pieces for the Uncirculated example and 68,349 proofs, it's a low mintage run profiling one of the most storied branches of the US armed forces. Realised eBay auction prices have ended conservatively this week in the $85-100 range for the slabbed examples. Some have toppled $125-150 for the auctions that have ended on an evening timeline!!
Despite big prices, the good news is that there are deals still to be found. Collectors will have to scour third party sites like Paradise Mint and Littleton, but believe it or not you can still double your money by taking advantage of these prices. How long the trend will last is anybody's question, but I can see some stabilizing here in the next month or so (through February 2012). I predict a range of $50-60 on average a fair estimate. And what's even more enticing to buy the raw pieces, is that there are no MS70 examples as of yet! I would venture to guess a first graded of such will command astronomical money. Still not too bad for a "clad" coin that lots of people bought for $20.
Update 1/9/2012 2:56pm: In addition to the mint, nearly all 3rd party vendors has reported selling out the uncirculated clad version of this coin. A couple sources carry the lesser expensive proofs, but for the same money that the uncirculated pieces were going for. As of this time, local dealers and auction sites will generate the best chances of finding this commemorative. Buyer beware of the prices, they are extremely volatile at this point.
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