2023 W ASE available from the mint today, 5/25/23
Glen2022
Posts: 947 ✭✭✭✭
It's available at 12 noon, Eastern Time Price, $76, HHL 10, unlimited mintage.
I think I'll pass.
Anyone buying?
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I'm in for the usual. Given how insane bullion premiums are nowadays, these are the greatest relative bargains they have been in a long time, if ever.
An ASE version with a mintage in the hundreds of thousands instead of tens of millions is selling at a mere 50% premium. It's expensive expressed in terms of bullion value, but when you consider that the bullion itself sells for a 100% premium, it's not a terrible deal at all, considering packaging, distribution costs, and the relatively tiny mintages.
Silver at $76 an ounce….. I’ll pass
No. I dialed my enrollment back to zero. Just a congratulations set and a couple S proofs.
🎶 shout shout, let it all out 🎶
What's an MS70 First Strike graded by PCGS going to be worth in a year or two?
There are 2022-W ASE's in SP70FS selling for under $100 on eBay.
$76 + $17 grading +$18 First Strike + S&H both ways = $$$
I have decided to leave all the profit from Mint products on the table for you guys. I hope you make a fortune.
Until I have the old stuff I want, I can't think about the new stuff.
I am a newer collector (started April 2020), and I primarily focus on U.S. Half Cents and Type Coins. Early copper is my favorite.
I think these things are pretty, and I don't care if, when my kids sell them, they get less than I paid for them. I'm in.
Yes, I am buying. I have subscriptions for the two proofs and the uncirculated ASE. The subscriptions are fantastic. No more fighting with the flippers and their bots on release day!
yes, and there's a significant possibility that any coins submitted grade less than MS 70. Probably better to wait and buy them in the secondary market in the desired grade.
Both Pinehusrt and CoinAdvisor are selling the Burnished 2023-W PCGS First Strike SP70 for $108.99. Why would anyone pay more to get them directly from the mint. See above calculations.
Hard Pass
Mike
My Indians
Danco Set
Is the proof at $80 a bargain or is the uncirculated overpriced?
Neither
They make hundreds of thousands of the proofs and the burnished has had some very low mintages 130,000 to 150,000 and sell for cost, slabbed. I’ve researched the heck out of the burnished ase and low mintage ain’t helping these. A genuine mint mark doesn’t help. I’m truly confused but not fooled. With that said just watch these be a hot😂
🎶 shout shout, let it all out 🎶
Aren't all of the W uncirculated ASEs burnished? No mintage limit for those.
Greater than 100k mintage for a ho-hummer design that comes back year after year after year with all being saved in higher mint state grades.
What' not to love? LOL
Well, just Love coins, period.
Agree. I pre-ordered mine in April. No reason to buy from the Mint if you collect PCGS 70's in most cases these days. It also takes way too long and is risky to get things graded as an individual submitter.
My US Mint Commemorative Medal Set
I just get 'special' one's from the Mint... have not seen any coming up. Prices will not be going down... at least not in the foreseeable future.... Cheers, RickO
No Eagles this year. Saving for the Gold tree
I was going to get this one for type as I already have a Type-2 Proof and Unc. Then the Mint had some more 2022 for sell and I got that instead. I saved $9.
Excited for the tree.
Yes, the tree (American Liberty) is a real winner. One of the best designs I’ve seen in a long time. Looking forward to getting one (I hope).
Can’t do the gold but the silver tree will do 😁
🎶 shout shout, let it all out 🎶
Agreed. If I do buy the gold, I need to cut back on my British gold purchases. That country is going nuts with all the coronation coins, but understandably so. I purchased several silver and a couple small gold coins.
I’m actually considering getting a couple I really like the design and I hope they continue with the lovely custom case. Last year was really very nice packaging wise and I really liked that design also. Thanks 🙏
🎶 shout shout, let it all out 🎶
I forgot I had a subscription for 10 of them. Showed up at the POB this morning. Unlike in the past, I will probably just put them raw in the Mint packaging in my cases at Long Beach and sell with a modest markup. Took too many baths getting them slabbed with First Strike tags and gold shields. Even if they all came back as 70, just cannot compete against the bulk guys with their lower cost bases.
I ordered one and it arrived within a week of release date and looks good. It will stay with its' original packaging as always.
Why would anyone pay more to get them directly from the mint.
It will stay with its' original packaging as always.
Some collectors like to keep their coins raw. Slabs are nice protectors and proof of grade/quality, but having the raw original ungraded coin can be satisfying. Yes, I know it's getting expensive...but what isn't? Has anyone checked the price of eggs lately???
Exactly! When I buy an expensive coin, I care about resale value, so I always buy expensive coins already certified.
But these things aren't expensive, so I am not concerned about resale. I think they're very pretty, and I like looking at them in their original packaging much more than in a slab.