The following post is pulled from Coin World editor Steve
Roach’s Market Analysis column in the Aug. 25 issue.
The 2014 Baseball Hall of Fame commemorative coin program has been
hugely popular with collectors.
The coins were launched
on March 27, 2014, at the Baltimore Whitman Expo. Both Numismatic Guaranty
Corp. and Professional Coin Grading Service got clever
with special labels used to identify coins sold at the Baltimore show
on the first day. NGC used the familiar baseball phrasing “Opening
Day” while PCGS used the phrase “Baltimore First Pitch.”
Coins released during the first 30 days of a program’s start are
eligible for “First Strike” (PCGS) and “Early Release” (NGC)
After the frenzy of the first few months, prices
for these have settled down. Here’s a look at the silver dollar in the
The coin: 2014-P Baseball silver
dollar, PCGS MS-70, First Strike, Cal Ripken Jr. signed label
The price: $500
The story: With
initial ordering limits of 100 coins per household of each type, Proof
and Uncirculated, it took several weeks for the silver dollar to sell
out. On April 10, 2014, the Mint confirmed the sellout of 400,000
Baseball silver dollars at introductory prices of $47.95 for the
Uncirculated coin and $51.95 for the Proof dollar.
quickly shot up in the secondary market to the $90 per coin level and
that held for the first month. Starting in May, prices began a gradual
decline and today wholesale dealers are trading Proof dollars at the
$65 level with Uncirculated pieces at $60 each.
where substantial interest is seen is with the PCGS labels signed by
baseball players enshrined in the National Baseball Hall of Fame. The
PCGS autograph program includes Cal Ripken Jr., Reggie Jackson, Ernie
Banks and Tony LaRussa, among others. PCGS “First Strike” examples of
these in Proof 70 Deep Cameo and MS-70 routinely bring between $400
and $500 when offered at auction.
Typical unsigned “First
Strike” examples in comparable grades bring $150 to $200 usually.
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