West Point Bicentennial Silver Dollars - Good Coin and Slab Or No?

[JakeBlues2-migration]

Hello--

 

I was wondering what everybody thought of the collectability of the West Point Bicentennial Silver Dollars. Are these looking as good as the Buffalos, or were they over populated? It seems to me it took the mint a long time to sell out of them! Also, in 20 years, do you think people will want these coins in PCGS/NGC MS69 holders, or in their original mint issued packaging? Perhaps NGC will start grading government holders for modern issues like they do for the Carson City Morgan Dollars and Ikes :-).

 

JakeBlues2

[Hoot]

1) The Mint did not sell out, they just stopped selling them.

2) They are a nice design (IMO) but they lack the appeal of the buffalo dollar. The buffalo dollar was based on one of the most classic of American coin designs.

3) Some folks say that modern coins will not gain a cent in value over 20 years. Much of that claim is based on the fact that most of the coins graded end up in MS/PF68 or 69 holders. Thus, for the modern commems, such grades are commonplace.

4) No matter what, keep the original Mint packaging. It may be worth more than the coin in 20 years.

5) Enjoy your collection slabbed or not, and do your best to preserve the coins and not subject them to conditions that will damage them. Sometimes a slabbed coin is easier to handle than one in original packaging, and there are space considerations.

 

Hoot