Is anybody else noticing all the selling they are doing with this coin?? I have gotten some. But it seem like they are going crazy with some of the buy it now prices $600 for a coin that havent been out for a year yet anyway what do you guys think...Is this a good investment over time...or is this a quick money...then the bottom will drop out...where they wont be worth as much...any thoughts...thanks for any infor...oh yea this is my first post..i am newie..so be nice...thanks again

Welcome aboard. I'm not a fortune teller, so I won't predict on the investment part.

you answered your own question......these coins have been hyped quite a bit and since the mint is slow in releasing them...it adds even more....but give it till after christmas.....kaput...

thanks...sorry for getting back to so late, has to run....but again thanks for the infor...i have a few friends asking be about these coins, just cause i got one...And what funny is i have a few mogans my dad left me, and didnt really think about coins till the Marine coin came out...Yes i was in the Marine and that why i got it...but it got looking into coins, and it seem to be a pretty neat little hobby...I didnt even know so many people were into it....Like i said i just found out i have a few friend into coins....And i belive that some Marines will get into this just like i did...and I have spoken to some of my Marine brothers...and they didnt even know about this coin so once it does get out, there is going to be some demand for it There is alot of us Marines around that love stuff like this...but i will make sure to send them to this site...If they have any questions...again thanks for the info

I agree with you.
I showed a picture of the coin to several Ex-marines at work. They all loved it and none of them knew it was being made. Its already sold out at the mint. As LD said it will be a hot item for the Xmas season but I think this is one Commem. that will always have a demand. But not at $600.

I hope they go for $600. I bought two extra to sell!

I am still waiting for mine, and ironically enough the latest from the mint website says that mine will be sent on November 11th, Veterans Day. How's that for irony?

Basically supply and demand. If demand outstrips supply, obviously you can price it at whatever price as long as someone is willing to pay for it.

As for the mintage of 600,000 each for both proof and uncirculated (slightly more for the uncirculated) and there is some 172,000 people in the Marine Corps (source from Wikipedia lol), well it's hard to say how many people in there would want one. If all of them wish to get one for themselves and for their relatives because it commemorates what they are working for etc, I wouldn't be too suprised if prices are a lot more than the issue price right now.

Probably the prices will rise for a short period of time and will slump and will rise back again. That's somewhat a general pattern that I see with coins that commemorates military...

172,000 active duty marines.....but how many former marines do you think are out there??? lol food for thought

Yes, that makes figures more interesting. Who knows, but at least for this particular type of coin, there is very strong demand for it...

Split the history lesson to debates...

http://coinpeople.com/index.php?showtopic=4378

< 172,000 active duty marines.....but how many former marines do you think are out there??? >

And how many of them even know about this coins? Maybe 1% More food for thought. The mint didn't really make any good efforts to market these to the Marines. Like every other commemorative 90% or more of them were sold to collectors on the Mint mailing list. Many of which bought extras because of the expected high demand from Marines and ex-Marines which they are counting on to give them future profits. If this is supposed to be such a hot item, why did it take four times as long to sell out than the Buffalo dollar did?

All very valid points. I don't think we will see an immediate spike in the value of these coins but as time goes on and more people become aware of their existence, the demand will rise and so will the price. There is a flood right now on eBay. Seems dealers bought hundreds at a time and they need to unload. This will depress the price for a while. I think this coin will make a move in 2006.

I would bet a lot more then %1 They sold 200,000 of them at Qunticao in 1 day. More food for thought. I get between 2 and 5 calls a day about these things and when I am expecting mine.

I know a lot of my Uncle's buddies ordered the coin (most retired Marines). He did not as money is tight but I ordered one for him. Many of the die-hard Marines out there either bought this coin or are going to buy it. I know of a few families who bought their sons one for when they return from either Afghanistan or Iraq. The demand is currently sky high. Will it remain that high is to be seen.

If I find one at a halfway decent price, maybe $10 above issue, I'll definitely pick it up.

R u talking proof or unc? ($600.00)

< They sold 200,000 of them at Qunticao in 1 day >
Really. Why do I have trouble believing that. Sell 200,000 on day one, and then take 79 days to sell the next 400,000. Why not stay there another couple days and sell the rest.

My bet is that 200,000 figure also includes everyone who rushed the mint website and phone lines on the first day, and that most of the coins that were actualy sold at Quantico were sold to collectors who had come to attend the ceremony and not that many to the Marines present.