2020 colorized 50 cent with signed COA number 199. How much is it worth and how many were signed by the mint director? Please any help with pricing this, as I received mine today 0

[Boss86]

Please can anybody give a newbie some advice on how much my 50 cent colorized basketball coin is worth with a signed certificate of authenticity numbered 199 that I received today on September 3rd thank you Timothy

[VKurtB]

Sounds like a marketing gimmick to me.

[Boss86]

This is not a marketing ploy as such. I'm trying to find out how rare it is meaning the number of signed certificate of authenticities numbered that the US mint will issue in total period as I said I have assigned certificate I received today with the 50 cent basketball coin. And I do want to sell it on eBay but I have no idea on the rarity or am I so lucky to receive the signed certificate number 199 today that I should not sell it because I have no idea of the true value on the item. I am not trying to sell this to any one of you I'd like to know should I keep it or list it. Thank you and thank you for your interest in helping me Timothy

[VKurtB]

You are assuming this Director signed version makes an enhanced collectable compared with unsigned ones. I don’t believe we have the evidence yet to support that, and if we ever do, “will such enhanced value be persistent?” Past experience with similar pieces wound suggest “no”.

Edited September 3, 2020 by VKurtB

[Teardrop]

I am wondering about the same colorized basketball coin? I have a couple nephews 18 yrs of age, that are getting into coin collecting. I bought this coin, in hopes, that some day they will benefit from them? Can anyone tell me if this was worth the investment?

[Coinbuf]

27 minutes ago, Teardrop said:

I am wondering about the same colorized basketball coin? I have a couple nephews 18 yrs of age, that are getting into coin collecting. I bought this coin, in hopes, that some day they will benefit from them? Can anyone tell me if this was worth the investment?

Its too early to say, often mint products like this spike right after they are released if the mintage is a very limited number and then a few months to a year latter the hype dies down and the prices fall down to around those at the time of release or lower.  Its just too early to know how the overall market will view these coins yet.   As far as the signed COA I haven't heard of those and as Kurt suggested those may just be a marketing thing by the mint, I doubt the signed COA will reduce the value, however I have no idea if it will add value either. 

[Boss86]

This is not a marketing ploy as such. I'm trying to find out how rare it is meaning the number of signed certificate of authenticities numbered that the US mint will issue in total period as I said I have assigned certificate I received today with the 50 cent basketball coin. And I do want to sell it on eBay but I have no idea on the rarity or am I so lucky to receive the signed certificate number 199 today that I should not sell it because I have no idea of the true value on the item. I am not trying to sell this to any one of you I'd like to know should I keep it or list it. Thank you and thank you for your interest in helping me Timothy

[Boss86]

To whom it May concern, I appreciate this platform and all the responses to my inquiry. I called the United States meant and they will not tell how many of the coas that were issued with this 50 cents colorized coin will be signed and numbered. The information from the mint is that they will put hand sign and numbered COA's in random orders that they send out. SIMIL AR TO THE WAY THEY RELEASE THE W MINT MARKED QUARTERS. BUT THE COA THAT I RECEIVED HAS THE MINT DIRECTOR'S SIGNATURE ON THE FRONT AND A NUMBER 199 IN THE LEFT HAND CORNER WRITTEN WITH THE SAME PEN BY HAND. HOWEVER JUST AS WITH THE 2019 ENHANCED REVERSE PROOF SAN FRANCISCO MINT COIN THE COAS NUMBER DOES NOT REFLECT THE ORDER IN WHICH THE COINS WERE STRUCK, UNLIKE THE RCM VERSION OF THE PRIDE OF TWO NATIONS NUMBERED COS THAT THAT REFLECTED IN THE NUMBER THE LOWER THE COA ON THE COINS THE EARLIER THEY WERE MINTED. WHAT I REALLY LIKE TO KNOW IS I HAVE NUMBER 199 IN MY HAND, SO AT LEAST 200 SPECIAL COA'S WE'LL BE GOING OUT WITH ORDERS RANDOMLY. DOES ANYBODY KNOW IF SOMEONE HAS A HIGHER NUMBER ALREADY AND THE NUMBERED COA'S HAND SIGNED WILL PROBABLY BE SENT OUT WITH THE SILVER DOLLAR VERSION AND OR THE GOLD VERSIONS ALSO? THANK YOU SO MUCH FOR ANSWERING MY INQUIRIES. GOD BLESS YOU ALL TIMOTHY

[Alex in PA.]

Plain, in mint packaging, not certified by PCGS or NGC, sells for $75.00 on EBay.  

[Boss86]

To whom it May concern, I appreciate this platform and all the responses to my inquiry. I called the United States meant and they will not tell how many of the coas that were issued with this 50 cents colorized coin will be signed and numbered. The information from the mint is that they will put hand sign and numbered COA's in random orders that they send out. SIMIL AR TO THE WAY THEY RELEASE THE W MINT MARKED QUARTERS. BUT THE COA THAT I RECEIVED HAS THE MINT DIRECTOR'S SIGNATURE ON THE FRONT AND A NUMBER 199 IN THE LEFT HAND CORNER WRITTEN WITH THE SAME PEN BY HAND. HOWEVER JUST AS WITH THE 2019 ENHANCED REVERSE PROOF SAN FRANCISCO MINT COIN THE COAS NUMBER DOES NOT REFLECT THE ORDER IN WHICH THE COINS WERE STRUCK, UNLIKE THE RCM VERSION OF THE PRIDE OF TWO NATIONS NUMBERED COS THAT THAT REFLECTED IN THE NUMBER THE LOWER THE COA ON THE COINS THE EARLIER THEY WERE MINTED. WHAT I REALLY LIKE TO KNOW IS I HAVE NUMBER 199 IN MY HAND, SO AT LEAST 200 SPECIAL COA'S WE'LL BE GOING OUT WITH ORDERS RANDOMLY. DOES ANYBODY KNOW IF SOMEONE HAS A HIGHER NUMBER ALREADY AND THE NUMBERED COA'S HAND SIGNED WILL PROBABLY BE SENT OUT WITH THE SILVER DOLLAR VERSION AND OR THE GOLD VERSIONS ALSO? THANK YOU SO MUCH FOR ANSWERING MY INQUIRIES. GOD BLESS YOU ALL TIMOTHY

[Boss86]

Dear alex, I seen on eBay what you mean, also you can buy the first strike pf70 version for anywhere from 129 to $169 today. I did a search on eBay for the 2020 colorized 50 cent coin and my question is my listing which is of course a ridiculously high amount because I don't want to sell something cheap that is valuable. So I am waiting but I do not see anyone else listing a sign number certificate yet on eBay. I just would like to find out how rare it is to get a hand signed number certificate with a basketball coin purchase. I don't know if it would be valuable and of course would not be as valuable as the 2019 S mint enhance reverse proof American silver eagle with a number certificate. But would the rarity of only or 500 sign certificates that are numbered increase the value significantly enough for me to keep it and pass it down or should I hold on to it, should I   send it out for grading and get a first strike designation from NGC and if it comes back pf70 would it sell at a higher price if it included the hand signed certificate of authenticity numbered with the low number of 199 or not? Until we know how many certificates will be hand signed and numbered I don't think anyone can determine the value of having one. Timothy

Edited September 3, 2020 by Boss86

[Boss86]

Dear nice people on this chat room, here is a picture that I took today of the sign numbered certificate of authenticity that came with the colorized 50 cent clad basketball coin. The coin looks perfect perfect to my naked eye, do you think I should send it out to NGC and get it graded? Also can I do that and still hold on to the pictured certificate of authenticity that was signed and numbered#199. Do you think they would encapsulate the COA for an extra charge? Any advice will help this newbie thank you so much Timothy

[Moxie15]

At this time there is almost no way to say How rare they are or How much they are worth as no one knows how many there will be or much they are wanted by collectors.

Personally I would not pay for one with your money if I had a grudge against you.

[Fenntucky Mike]

No takers on #58 yet...

You can still purchase them from the mint. With a product limit of 75,000 and it being a week with coins still available, I'd say that for the most part everybody who really wanted one has one. Hand signed and numbered does add some value but in my experience you don't start getting the big $'s unless the # is 10 or less.

[VKurtB]

I can wait until the next major coin show where Director Ryder appears (at least four I've been to so far) and have him sign my COA there. So... do your own math. How much is my 2018 American Innovation dollar with Director Ryder's signature on BOTH the outer sleeve AND the inner package worth? We may never know, but it's sure as shootin' rarer than any signed basketball ones.

Edited September 4, 2020 by VKurtB

[Greenstang]

Quote

 Do you think they would encapsulate the COA for an extra charge? Any advice will help this newbie thank you so much Timothy

If you want it certified, you will have to remove it from the packaging and send it in. NGC does not want the COA and packaging sent with the coin. Your coin will be returned in a regular basketball holder.

Edited September 4, 2020 by Greenstang

[VKurtB]

31 minutes ago, Greenstang said:

If you want it certified, you will have to remove it from the packaging and send it in. NGC does not want the COA and packaging sent with the coin. Your coin will be returned in a regular basketball holder.

Didn't they offer a "with COA" slab for something else recently?

[Boss86]

Yes, it was the 2019 estimated enhanced reverse proof American silver eagle, that came with a number certificate of authenticity period which NGC and PCGS did slab them separately usually with the grated coin. As with this basketball coin the number on the certificate does not indicate the order of production. The only numbered certificates were the RCM issued set of the 2019 enhanced reverse American silver eagle and enhanced Canadian coin, they only issued10, 000 sets. they were the only numbered certificate sets that were issued numerically according to the production date that I know of. I listed yesterday the basketball colorized 50 cent piece on eBay with a sign numbered certificate number 199 and until today that was the only signed certificate set listed. But now I see a second person has listed the signed numbered certificate on ebay. If anyone knows how many hand sign number certificates there will be produced please let me know as I don't know how rare mine will become thank you Timothy

[VKurtB]

27 minutes ago, Boss86 said:

Yes, it was the 2019 estimated enhanced reverse proof American silver eagle, that came with a number certificate of authenticity period which NGC and PCGS did slab them separately usually with the grated coin. As with this basketball coin the number on the certificate does not indicate the order of production. The only numbered certificates were the RCM issued set of the 2019 enhanced reverse American silver eagle and enhanced Canadian coin, they only issued10, 000 sets. they were the only numbered certificate sets that were issued numerically according to the production date that I know of. I listed yesterday the basketball colorized 50 cent piece on eBay with a sign numbered certificate number 199 and until today that was the only signed certificate set listed. But now I see a second person has listed the signed numbered certificate on ebay. If anyone knows how many hand sign number certificates there will be produced please let me know as I don't know how rare mine will become thank you Timothy

Sounds like a good inquiry on the Ask NGC/NCS forum section to me.

[RWB]

Sorry -- this whole gimmick sounds like click bait.

"Invest" in these things? No, they are not an "investment." They are bits of fickle entertainment easily forgotten and easily ignored.

[VKurtB]

18 hours ago, Coinbuf said:

Its too early to say, often mint products like this spike right after they are released if the mintage is a very limited number and then a few months to a year latter the hype dies down and the prices fall down to around those at the time of release or lower.  Its just too early to know how the overall market will view these coins yet.   As far as the signed COA I haven't heard of those and as Kurt suggested those may just be a marketing thing by the mint, I doubt the signed COA will reduce the value, however I have no idea if it will add value either. 

Here is my lame attempt to put a picture to what @Coinbuf has said here. There is a tendency for many limited edition U.S. Mint products to follow a similar pattern. The extra premium value is on the y-axis, and time is on the x-axis. The precise shape can vary, but the basic shape is persistent. Maybe after I retire, I can add some scholarly explanation why these prices react this way, but I suspect it will require more psychology reading and studying, so don't hold your breath waiting. The basic shape is from the chi-squared family of curves, herewith:

 

[VKurtB]

14 minutes ago, RWB said:

They are bits of fickle entertainment easily forgotten and easily ignored.

This is as plausible a reason for the chi-squared shaped curve as any I can think of. Any rational thinker would have to come to the completely valid conclusion that the only way to profit from this is, to borrow from the street vernacular, to "hit it and quit it".

See: the market history of the 1964-2014 gold Kennedy half dollar.

Edited September 4, 2020 by VKurtB