Options
Whatever happend to Millenium Set Fever?
shirohniichan
Posts: 4,992 ✭✭✭
When I joined the PCGS discussion boards back in 2002, Millenium Sets and burnished Sacagaweas were the big discussion items (like gold buffaoes and American Eagle Anniversary Sets).
Are Millenium Sets and burnished Sacs a blip on the US coin radar any more, or have they gone the way of Franklin Mint medals?
Some of the hype around those coins appeared to come from sellers of the coins, and I'm wondering if there's much interest now that those promoters are gone.
Are Millenium Sets and burnished Sacs a blip on the US coin radar any more, or have they gone the way of Franklin Mint medals?
Some of the hype around those coins appeared to come from sellers of the coins, and I'm wondering if there's much interest now that those promoters are gone.
Obscurum per obscurius
0
Comments
<< <i>When I joined the PCGS discussion boards back in 2002, Millenium Sets and burnished Sacagaweas were the big discussion items (like gold buffaoes and American Eagle Anniversary Sets).
Are Millenium Sets and burnished Sacs a blip on the US coin radar any more, or have they gone the way of Franklin Mint medals?
Some of the hype around those coins appeared to come from sellers of the coins, and I'm wondering if there's much interest now that those promoters are gone. >>
Correction: You joined the message boards in 2001.
<< <i> I only have one of those sets. I had two and sold one on eBay a few months ago. I do not think they are that popular anymore. Likewise, I thinkm in 5 years, the gold buffs will not be as popular as they are now. >>
They are selling on e-bay for around $120 or so in "unopened" Mint packages these days. The original price from the Mint was $39, I think. I just bought one from Jakes Marketplace for $65 + shipping. I was dreadfully disappointed. The Set was no longer in the orignial Mint sealed cellophane wrapper. It had been opened and obviously cherry picked. the SAE was a nice MS66, but the "burnished" Sac looked like crap. In fact, I could bareley distinguish the burnished surface accept for a few spots in the field near the rim. And no it was not one of the rare circulated strikes that ended up in the set. It was definitely burnished. Has lots of dings and scratch marks. If I had thought to order it from the Mint in 2000 I would have returned it for replacement.
KC
---------------------------------------------------------------------------------------------------------------------------------------
BONGO HURTLES ALONG THE RAIN SODDEN HIGHWAY OF LIFE ON UNDERINFLATED BALD RETREAD TIRES
<< <i>When I joined the PCGS discussion boards back in 2002, Millenium Sets and burnished Sacagaweas were the big discussion items (like gold buffaoes and American Eagle Anniversary Sets).
Are Millenium Sets and burnished Sacs a blip on the US coin radar any more, or have they gone the way of Franklin Mint medals?
Some of the hype around those coins appeared to come from sellers of the coins, and I'm wondering if there's much interest now that those promoters are gone. >>
you joined same time i did, 01, and yes was big topic back then, but however after the american buff that year (01) it pretty much buried the mill set. They are a dime a dozen, and the values on the W sae (nmm)uncirc is right where it should be.
a few made money on em, but it sure didnt hold value like the 01 buff&sets
Go BIG or GO HOME. ©Bill
Pontiacinf, the "hype" you and a few others produced about the 01 Buffaloes convinced me to to 5 sets. I wish I'd have bought 10! I found it frustrating at the time to make quick money off them while the seated stuff I was selling brought almost no profit.
I never bought into the Millenium Set hype (especially predictions they'd be selling for $500 or more a few years from time of issue), so I didn't speculate in them or the Goodacre Sacs that were the flavor of the day back then.
Obscurum per obscurius
Robert
<< <i>I bought this ICG graded set 5 years ago for $125.00 I liked it that ICG gave them the same numbers showing that they are from the same Millennium Set.
>>
Lots of dark shadows on the Golden Dollar and there is no grade apparent (maybe it's on the other side of the slab). But your burnished Sac resembles my crappy example. Did they all look this bad or is it just the pic. BTW: thanks for the pics.
---------------------------------------------------------------------------------------------------------------------------------------
BONGO HURTLES ALONG THE RAIN SODDEN HIGHWAY OF LIFE ON UNDERINFLATED BALD RETREAD TIRES
and it sets us apart from practitioners and consultants. Gregor
<< <i>a few made money on em, but it sure didnt hold value like the 01 buff&sets >>
Well they sold for $39 and are now $120 - $180. The "rare" Buffalo coin and Currency set that had a mintage of 50,000 and which sold out in less than 6 days immediately jumped to $180 - $200. Today, five years later, they sell for $160 - $210, mostly in the $160's. Frankly except for slabbed ultra high grade coins, the only people who made money on the buffalos were those who bought them from the mint. If they bought them retail afterwards they have now been holding them for five years and can get their money back or a little less. So they have held their value,but they haven't increased. (Of course it sounds like the millennium sets have held theirs as well.