A Proof 2016 SAE for Ben - Aiming for fairness.

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Revenant

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I just picked up a 2016 Proof SAE for Ben’s birth year. My mother-in-law gave me a 2019 proof that she bought when she visited the mint at the end of last year. That gave me one for Sam’s birth year and I got a 1986 - for our birth year - years ago.

Ben smashing the capsule for the 1986 the other week - forcing me to go shopping for replacement capsules - was what got this back on my mind, but it had been on my collecting agenda since I was given the 2019. Cash was a bit tighter back then and I had some other, (more pressing IMO at the time) collecting goals, but we’re in a good enough place now, for now, I think.

Ben has continued to show interest in those proof SAEs in the mint boxes and was asking if he could have one to keep in his room. With the 2016 coming out of the 3-day quarantine we impose on all mail these days I’m going to let him keep the 2016 on his dresser. He may make me regret that but… at least when I bought a new capsule for the 1986 coin I bought 6… We opened the box together and now it's going to sit on a spot on his dresser that he picked for it - next to his other treasures, some of which are stolen from my old mini collection and other places.

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At this point, I have the 1/4th oz gold eagles in MS70 and these proof SAEs in the mint packaging for both boys. I considered going and getting PF70 graded proof SAEs and or MS70 1/10th oz gold eagles or PF70 1/10th oz or 1/4th ounce eagles for both of them. There’s really no shortage of coins made on their birth years that I could get for both of them but in so doing I’m going to try to make sure that anything I get and hold on to for one of them I get for the other one. I would hate for one of them to feel slighted in that regard when they reach adulthood.

I’m still trying to complete several sets of the 2 oz silver queen’s beasts coins. I also took a major step closer to that recently - using a small part of that “Economic Impact Payment” to make an order with JM Bullion to get the rest of the Yales and most of the White Lions I need. At least one of each of these 5 sets will be ear-marked for each boy, but there are scenarios where each boy could end up getting 2 or 3 sets of them - now that we’re capped out at 2 kids I find that I’m building more sets than I probably want or need. But… silver is silver…

My wife has challenged me on the point of fairness regarding the sets I’m wanting to let each of them have. I’m hoping to let Ben have my 10G set and Sam have the Zimbabwe note set. My wife pointed out that giving one of the boys a group of gold coins and giving the other one a group of demonetized notes from a dead currency wouldn’t exactly be “fair.” My response was that, at that point, Ben would get the 10G set and Sam would get most of the rest of the gold coins - and that would give both of them a roughly equal number of gold coins and a roughly equal melt weight, at least as things stand now. I can adjust as time goes on.

I’m not going to deliberately create a situation where one of them gets shafted too badly.

Hopefully they like it and keep it and don’t just take it all down to the pawn shop as soon as they get it. That would be quite the anti-climax after all of this work. At least I’ll be dead for some or all of that. lol 

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I got one of the Netherlands Ducats books signed by the author with a little dedication to my kid in it: "You better not sell any of your dad's or grandpa's coins or else they will haunt you."  I bought some 2016 mint stuff when my kid was born, apparently same as one of your kids.  But I haven't gotten anything else since then.  Of course hindsight is 2020, and we both would have done better to buy more 2016 gold in 2016, at least it looks that way presently.  At least you got some.

Interesting idea about quarantining the mail after it arrives.  I don't have the patience for that, especially if I know there's coins inside.  I wipe it with the wipes but that's about it.  I was looking through my ebay purchases of some Thai coins from the end of last year and one padded envelope came to me from, you guessed it, Wuhan China!  In mid November.  Could have been coin zero.

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59 minutes ago, deposito said:

I got one of the Netherlands Ducats books signed by the author with a little dedication to my kid in it: "You better not sell any of your dad's or grandpa's coins or else they will haunt you."  I bought some 2016 mint stuff when my kid was born, apparently same as one of your kids.  But I haven't gotten anything else since then.  Of course hindsight is 2020, and we both would have done better to buy more 2016 gold in 2016, at least it looks that way presently.  At least you got some.

Interesting idea about quarantining the mail after it arrives.  I don't have the patience for that, especially if I know there's coins inside.  I wipe it with the wipes but that's about it.  I was looking through my ebay purchases of some Thai coins from the end of last year and one padded envelope came to me from, you guessed it, Wuhan China!  In mid November.  Could have been coin zero.

Depending on who you listen to, there could be another deflationary period in the coming months / couple of years that will see gold drop back, maybe even to the $700-1000 level. Other theories are it'll be $2,000 by the end of the year and then it's straight to $5,000-10,000. I guess we'll see. My crystal ball has never been that good.

The virus can live on cardboard for up to 24 hours and can live on plastic and other surfaces for 2-5 days. Depending on how risk averse you are, it makes sense to leave the mail in the garage for a few days as a hedge against a lot of asymptomatic postal workers touching your stuff as it passes through the system. My wife worries about it. I worry about it to some degree. Some days this whole thing makes me feel like a crazy person but... There's nothing I've been ordering that has any kind of time dependency or that I'm that desperate for. I haven't been ordering a lot of super rare of valuable things lately - mostly just common, modern stuff that I'm getting for $15-40 each to fill holes in some sets I'm building. The registry deadline is in December so even for that stuff getting it now or getting it in a week makes little difference. With the kids demanding attention constantly it's not like I get to enjoy any of it anyway. lol

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