in 2009 they did not issue a proof ASE just to make the bullion product.
Good point.
The authorizing legislation for the bullion versions states that they will mint "to meet demand", so if they get tied up with that then numismatic versions may be impacted.
If they were going to skip an issue, the type 2 this year might be the best option. Nothing irritates like a hole in the middle of a date run set. How many would really be peeved (in the long run) if they waited and started type 2 in January?
We already have so many ASEs that I lost count. Different finishes, different mints, emergency production issues, etc. And it's all be doubled in 2021 for the Type I and then Type II issues, plus more (like the double set).
There is a 2 coin reverse proof set to be offered this summer. It could be a type 1 and a type 2 coin set but I would say we just don't know.
Being a 2 coin reverse proof set, I would think both coins could be reverse proof coins making it a different coin this the Type 1 W proof coin.
Collection under construction: VG Barber Quarters & Halves
For the 2021 ASE (bullion), there is an Emergency Production of no more than 1 million in San Francisco, and another Emergency Production run of 495,000 in Philadelphia. Are these REALLY emergency productions, or is this simply a way for the mint and dealers to make more money?
@JeffM said:
For the 2021 ASE (bullion), there is an Emergency Production of no more than 1 million in San Francisco, and another Emergency Production run of 495,000 in Philadelphia. Are these REALLY emergency productions, or is this simply a way for the mint and dealers to make more money?
The Mint doesn't make any more money. The Mint charges the same price no matter where it's minted...
@JeffM said:
For the 2021 ASE (bullion), there is an Emergency Production of no more than 1 million in San Francisco, and another Emergency Production run of 495,000 in Philadelphia. Are these REALLY emergency productions, or is this simply a way for the mint and dealers to make more money?
The Mint doesn't make any more money. The Mint charges the same price no matter where it's minted...
@JeffM said:
For the 2021 ASE (bullion), there is an Emergency Production of no more than 1 million in San Francisco, and another Emergency Production run of 495,000 in Philadelphia. Are these REALLY emergency productions, or is this simply a way for the mint and dealers to make more money?
The Mint doesn't make any more money. The Mint charges the same price no matter where it's minted...
Creates more sales.
The United States Mint is currently allocating Bullion Silver. They could probably sell 3x the Silver they are offering currently...
@TheRaven said:
There is a 2 coin reverse proof set to be offered this summer. It could be a type 1 and a type 2 coin set but I would say we just don't know.
Being a 2 coin reverse proof set, I would think both coins could be reverse proof coins making it a different coin this the Type 1 W proof coin.
I will buy this set. Not interested in this 2021 ASE proof. I collect the specials sets raw.
The United States Mint has benefitted from, apparently, the frenzy of retail traders buying heavily shorted stocks like GameStop and AMC Entertainment in recent weeks.
The spillover into buying silver, especially American Eagle silver bullion coins, pushed the Mint’s total January sales of the coins to 4,775,000 pieces, which is 929,000 coins more, or 24.1 percent higher, than January 2020 sales.
The Mint’s authorized purchasers placed orders for as many silver American Eagles as they were allocated, to meet the increased market demand.
February sales begin
On Feb. 1 alone, authorized purchasers placed orders for 1,571,000 silver American Eagles. In total, for all of February 2020, sales reached 650,000 silver American Eagles.
It makes sense. They don't have any more right now. All of the ones that have become available since first day of sales are cancellations or credit card issues. The big question is will the other 40,000+ become available at some future date or is this it.
@OLC said:
It makes sense. They don't have any more right now. All of the ones that have become available since first day of sales are cancellations or credit card issues. The big question is will the other 40,000+ become available at some future date or is this it.
Have they shipped any of the first 284,000?
If you include the Congratulations set (35,715), you have total sales of 320,000. They made a somewhat ambiguous statement about including those in the mintage limit.
Good point on distribution...Matters not if you don’t have them.
First strike and early receiving or release on these may be considered anything within the year of 2021!
@MilesWaits said:
Good point on distribution...Matters not if you don’t have them.
First strike and early receiving or release on these may be considered anything within the year of 2021!
Same thing happened with the Mayflower 2 coin set. Took weeks to ship. Allegedly that was because of verification of the numbered COAs.
Coin World is lobbying for minting more of these to distribute
@jmlanzaf said:
Have they shipped any of the first 284,000?
Mine has shipped, I had the enrollment for a single coin, received the confirmation before the product was live on the mint site, got a shipped notification, and have tracking number.
@jmlanzaf said:
Have they shipped any of the first 284,000?
Mine has shipped, I had the enrollment for a single coin, received the confirmation before the product was live on the mint site, got a shipped notification, and have tracking number.
I couldn't believe it, had 10 in my bag and actually checked out. The 21EA was available for purchase for around 5 minutes or so. Think these will be available for a couple of weeks?
I couldn't believe it, had 10 in my bag and actually checked out. The 21EA was available for purchase for around 5 minutes or so. Think these will be available for a couple of weeks?
I couldn't believe it, had 10 in my bag and actually checked out. The 21EA was available for purchase for around 5 minutes or so. Think these will be available for a couple of weeks?
Why would you be buying the dealer rejects? These were released to dealers on Monday Feb 8. NGC has already graded a bunch of them as Advance Releases. Check NGC 6092669-003 in grade 70.
I couldn't believe it, had 10 in my bag and actually checked out. The 21EA was available for purchase for around 5 minutes or so. Think these will be available for a couple of weeks?
Why would you be buying the dealer rejects? These were released to dealers on Monday Feb 8. NGC has already graded a bunch of them as Advance Releases. Check NGC 6092669-003 in grade 70.
Don't disseminate faulty information. These are not "dealer rejects". The only "dealer rejects" you can buy are actually from dealers.
I couldn't believe it, had 10 in my bag and actually checked out. The 21EA was available for purchase for around 5 minutes or so. Think these will be available for a couple of weeks?
Why would you be buying the dealer rejects? These were released to dealers on Monday Feb 8. NGC has already graded a bunch of them as Advance Releases. Check NGC 6092669-003 in grade 70.
Don't disseminate faulty information. These are not "dealer rejects". The only "dealer rejects" you can buy are actually from dealers.
I couldn't believe it, had 10 in my bag and actually checked out. The 21EA was available for purchase for around 5 minutes or so. Think these will be available for a couple of weeks?
Why would you be buying the dealer rejects? These were released to dealers on Monday Feb 8. NGC has already graded a bunch of them as Advance Releases. Check NGC 6092669-003 in grade 70.
Don't disseminate faulty information. These are not "dealer rejects". The only "dealer rejects" you can buy are actually from dealers.
Believe what you want. I won't be buying any.
You really think our very efficient Mint managed to ship coins on the 8th. Dealers got them and shipped them back and the Mint put them back up for sale on the 16th? They are not that fast.
You don't have to buy anything. But you are creating a fiction trying to get other people to follow suit.
I'd also like to see a source on this February 8th myth. The Mint doesn't release coins in advance of issue to dealers. Why do you think dealers are buying on the secondary market from people like me? If they could buy them 3 days early, they wouldn't need to employ others to collect coins for them.
I couldn't believe it, had 10 in my bag and actually checked out. The 21EA was available for purchase for around 5 minutes or so. Think these will be available for a couple of weeks?
Why would you be buying the dealer rejects? These were released to dealers on Monday Feb 8. NGC has already graded a bunch of them as Advance Releases. Check NGC 6092669-003 in grade 70.
I didn't realize dealers were selling the collectors' version of these 2021proof ASE's with the 'W' mintmark.
No wonder these flew out the door...they're now going for $499.99 (for the easily deluded) for PR70 (marked on the slab as Advanced Release...whatever that means?) on TV.
@RichR said:
No wonder these flew out the door...they're now going for $499.99 (for the easily deluded) for PR70 (marked on the slab as Advanced Release...whatever that means?) on TV.
Crazy but still...
Yeah Rich, I saw that. It's like they are trying to create rarity where none exists. And Mike Sleazak is making a HUGE deal out of 2021 coins that were minted in 2020. SO WHAT? Can't wait till Jan. 1st to start minting for the current year. And he claimed that now there are 18 "Collector Coin Approved Purchasers" who receive new releases 2 days before the official release of which he is one. Again I say, SO WHAT?
Comments
Just like the 13 Liberty Nickel and the 13 Buffalo Nickel.
Good point.
The authorizing legislation for the bullion versions states that they will mint "to meet demand", so if they get tied up with that then numismatic versions may be impacted.
Get well wishes & hoping for a full recovery!
A few were available, gone in 15 seconds.
I forgot about that.
I don't think we will be in a 2009 situation.
I just think we are done with Type 1 proof coins. Will see only Type 2 proof coins this year in future releases.
If they were going to skip an issue, the type 2 this year might be the best option. Nothing irritates like a hole in the middle of a date run set. How many would really be peeved (in the long run) if they waited and started type 2 in January?
We already have so many ASEs that I lost count. Different finishes, different mints, emergency production issues, etc. And it's all be doubled in 2021 for the Type I and then Type II issues, plus more (like the double set).
Isn't there already a Type 1 reverse proof planned?
And there's no reason they couldn't do the LE silver set both ways to trick...er...facilitate collectors further.
There is a 2 coin reverse proof set to be offered this summer. It could be a type 1 and a type 2 coin set but I would say we just don't know.
Being a 2 coin reverse proof set, I would think both coins could be reverse proof coins making it a different coin this the Type 1 W proof coin.
I clicked place order which took me .5 seconds and they were unavailable.
For the 2021 ASE (bullion), there is an Emergency Production of no more than 1 million in San Francisco, and another Emergency Production run of 495,000 in Philadelphia. Are these REALLY emergency productions, or is this simply a way for the mint and dealers to make more money?
The Mint doesn't make any more money. The Mint charges the same price no matter where it's minted...
Marketing crap on these "emergency issue" coins.
Creates more sales.
The United States Mint is currently allocating Bullion Silver. They could probably sell 3x the Silver they are offering currently...
I will buy this set. Not interested in this 2021 ASE proof. I collect the specials sets raw.
Box of 20
WOW!!!
The United States Mint has benefitted from, apparently, the frenzy of retail traders buying heavily shorted stocks like GameStop and AMC Entertainment in recent weeks.
The spillover into buying silver, especially American Eagle silver bullion coins, pushed the Mint’s total January sales of the coins to 4,775,000 pieces, which is 929,000 coins more, or 24.1 percent higher, than January 2020 sales.
The Mint’s authorized purchasers placed orders for as many silver American Eagles as they were allocated, to meet the increased market demand.
February sales begin
On Feb. 1 alone, authorized purchasers placed orders for 1,571,000 silver American Eagles. In total, for all of February 2020, sales reached 650,000 silver American Eagles.
https://www.coinworld.com/news/us-coins/bullion-coin-orders-rise-at-us-mint-with-silver-market-activity
strike gold with silver
yes
lots of supply this morning
Picked up 5 more. Currently unavailable.
So did I. LOL. Although I'm not sure why 5 more, on top of the 275 the Mint still hasn't shipped, is of any use to me.
Sales number as of 2-14-21
21EA 284,271 (43,169 left) +284,271
Collector
75 Positive BST transactions buying and selling with 45 members and counting!
instagram.com/klnumismatics
.
I saw those numbers too.
Coin World reported on 2-12 that "First-day sales totaled 284,272 coins".
Sumpin don't jive....
It makes sense. They don't have any more right now. All of the ones that have become available since first day of sales are cancellations or credit card issues. The big question is will the other 40,000+ become available at some future date or is this it.
Have they shipped any of the first 284,000?
If you include the Congratulations set (35,715), you have total sales of 320,000. They made a somewhat ambiguous statement about including those in the mintage limit.
Good point on distribution...Matters not if you don’t have them.
First strike and early receiving or release on these may be considered anything within the year of 2021!
Same thing happened with the Mayflower 2 coin set. Took weeks to ship. Allegedly that was because of verification of the numbered COAs.
Coin World is lobbying for minting more of these to distribute
Mine has shipped, I had the enrollment for a single coin, received the confirmation before the product was live on the mint site, got a shipped notification, and have tracking number.
Just catching up on this. Thanks so much for the well wishes. Deeply appreciated!!
Well that's good to know.
Congrats set didn't become available this morning.
I hope they continue doing type one and type two for all years in the future but I doubt that’s going to happen.
Just a thing this year. Sorry to be the bearer of bad news.
Yes up to 10 if possible. Super buy.
Nope. All hype. Bad investment with too many Type 1’s and eventually Type 2’s. I guess if I had a run on all Silver Eagles I would though.
I couldn't believe it, had 10 in my bag and actually checked out. The 21EA was available for purchase for around 5 minutes or so. Think these will be available for a couple of weeks?
The usual 7:30am EST?
Is there a PCGS special label for this coin?
There will be just shy of 146 unique labels for this one coin.
Give or take 145 that is.
Why would you be buying the dealer rejects? These were released to dealers on Monday Feb 8. NGC has already graded a bunch of them as Advance Releases. Check NGC 6092669-003 in grade 70.
Don't disseminate faulty information. These are not "dealer rejects". The only "dealer rejects" you can buy are actually from dealers.
Believe what you want. I won't be buying any.
You really think our very efficient Mint managed to ship coins on the 8th. Dealers got them and shipped them back and the Mint put them back up for sale on the 16th? They are not that fast.
You don't have to buy anything. But you are creating a fiction trying to get other people to follow suit.
I'd also like to see a source on this February 8th myth. The Mint doesn't release coins in advance of issue to dealers. Why do you think dealers are buying on the secondary market from people like me? If they could buy them 3 days early, they wouldn't need to employ others to collect coins for them.
I didn't realize dealers were selling the collectors' version of these 2021proof ASE's with the 'W' mintmark.
No wonder these flew out the door...they're now going for $499.99 (for the easily deluded) for PR70 (marked on the slab as Advanced Release...whatever that means?) on TV.
Crazy but still...
Yeah Rich, I saw that. It's like they are trying to create rarity where none exists. And Mike Sleazak is making a HUGE deal out of 2021 coins that were minted in 2020. SO WHAT? Can't wait till Jan. 1st to start minting for the current year. And he claimed that now there are 18 "Collector Coin Approved Purchasers" who receive new releases 2 days before the official release of which he is one. Again I say, SO WHAT?