Alaska Mint Coin Design

[KlausNW]

Alaska Mint announces state coin design; winner an Alaska Native

http://www.anchoragepress.com/news/alaska-mint-announces-state-coin-design-winner-an-alaska-native/article_88fb0136-e516-11e7-a145-1f1edcd51c77.html

[jjbaker]

Thats a one heck of a cool coin!

[RKittine]

Nice - Sure it will grace the pages of SeaplaneMagazine.Com

[jjbaker]

It definitely could, against one of each coins.
More of a "featured product" or content ad offering, though...

[RKittine]

Anyone know when it will be available and at what price?

[jjbaker]

Prices from $24.99 to $100+.

http://alaskamint.com

[RKittine]

It looks like the one pictured is $139 - Gold Relief Both Sides.

[jjbaker]

Yeah, well beyond my budget. Imagine shipping from AK to Germany and that shoots the bird out of the tree.
They should be selling like warm cookies, though. This is a nice design and great homage to seaplanes and general aviation.

[RKittine]

And unfortunately probably not worth anything after you buy one.

[jjbaker]

Depending on the number of coins they release, these might go up considerably. Silver and Gold are just not the investment hype they used to be, afterall the Obama financial system didn't collapse and people didn't have to prostitute their daughters to put food on the table, like Savage, Beck and some other yellow journalism scarecrows predicted.

Nobody ended up in FEMA concentration camps, Secret DHS/ CIA bunkers or was eliminated Putin style. Quite boring, if you consider how much drool some people produced...

Now under DJT I expect both metals to stay in the shadows. Too many other investment bubbles to hunt.

I'd go for a nice proof coin and put it on display. Most of my collection never ever sees daylight. If anything, a non government issued coin has whatever emotional value one wants to put on it.

[RKittine]

There are not enough precious metals in any of the varieties to have any correlation to the precious metals prices. The base one is Bronze (at least in color) and the top one has Gold Relief. Not like these are 1 ounce solid precious metal coins. Gold bullion that I bought when it became legal to own, I paid $158.00 per ounce for now is valued at $1,294.00 an ounce on the spot market, but has been well over that in the past. Silver is way off it's high with a spot price of $16.85 today.

The Franklin Mint has been Minting Specialty Coins for years and most of them do not bring their original price when sold on eBay.

Bob

[KlausNW]

The most valuable currency I have is made of wood. The bars in Alaska will give the costumers these "Wooden Nickles" instead of a beer when someone buys a round. The state law only allows one beer at a time in front of a patron. Some of the Wooden Nickles I acquired ten years ago when a craft beer was $2.50 are worth $6 bucks now. As long as the bar is in business then so is the coin and they never blink when you trade it in.

Bar tokens are economy protected, bubble protected, not market manipulated and don't need reported to every government agency. As long as I have one in my pocket I know there's one last cold beer waiting for me.

P.S. There not made of electrons either.

[RKittine]

We have a bar down the street from my Apartment in Manhattan. Two for one Happy Hour(s) drinks, (Happy Hour at the Bar goes from 11:00 AM till 10:00 PM) and they use plastic chips with their name on for each second drink. You can take them home and use them on a future date (assuming they are still open). They also have a Happy Hour(s) Hamburger Special - 1/2 Pound Burger with choice of cheese (if wanted), Lettuce, Tomato, Onion and Fries for $7.00. All in Manhattan. And the regular price for a glass of wine is $7.00 and for a pint of draft beer, $4.00 so net $3.50 / $2.00 during those times. Needless to say, that I eat there often!

Bob

[jjbaker]

We now have aviation businesses jumping on to the Bitcoin train. Should we accept bitcoin here, too?

Cryptocurrency, autonomous planes, pilotless cockpits, brainless Presidents... whats next?

[KlausNW]

Any currency that can lose 40 percent in two hours is not a currency yet. Someday they may get a grip on it, but for now, watch the other people play. I wouldn't have any more cryptocurrency then I can afford to lose. Remember there's nothing backing the value except businesses that are big enough to handle the ups and downs.

I'll just keep trading bar tokens, The're backed by a drink.

[cubdriver2]

Glenn

[RKittine]

A lot of eople have already gotten bit by the BITcoin thing. I will stick with my monetary system.

[jjbaker]

RE: Bitcoin: Its a ginormous bubble in the making. Some will loose their last shirt, while some (who manage to take the shirts) create the next round of shortselling billionaires.

What worries me more than the blockchain is what currently happens with BC in the Darknet and how the various governments will work to put a stop to it.

Amazing hype, hacked several times and the last hack cost people more than $60MM. Poof!

[RKittine]

And back to the original point of this thread. Sex sells and so maybe the young lady in the opening photo will be able to sell thousands of Alaska commemorative coins to lonely seaplane pilots (and BUSH pilots too)

Bob

[jjbaker]

Can't you just appreciate the beauty of this coin.
Poor girl. Bought a bunch yet? Need my address?

[RKittine]

If you lived in Alaska, I would buy you one or maybe even one from Maine if they put something like that out. Otherwise, I am happy for those in Alaska, but no interest in one of those coins.

Bob