I'm not really pissed that they are offering them as singles, but I am pissed that they are raping us on the prices. Either jack up the price of the single offerings so that we aren't getting bent over when purchasing the two-coin set, or give all of us a credit/refund for the massive difference in price.
I collect the elements on the periodic table, and some coins. I have a complete Roosevelt set, and am putting together a set of coins from 1880.
<< <i>I'm not really pissed that they are offering them as singles, but I am pissed that they are raping us on the prices. Either jack up the price of the single offerings so that we aren't getting bent over when purchasing the two-coin set, or give all of us a credit/refund for the massive difference in price. >>
Yeah. Why buy the set if the coins are cheaper if bought in singles directly from the mint? I suppose this creates disincentive for those who own the sets to crack 'em out and grade 'em as singles because the singles will be less expensive to purchase. Of course, there's always the old First Strike bogus marketing gimmick.
Hypothetical: TPGs only label coins from the sets as First Strike! Singles purchased separately cannot qualify.
While I think the First $trike label is a load of crap foisted upon the investor/collector community by the TPGs to $kim more money from us, if there is a market for Frist $trike and if the TPGs reserve this designation for coins from the sets only, then there is still a huge upsell market potential, IMHO.
Edited: for clarity.
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I have to admit my dissapointment. I went full throttle buying the three sets. Called lots of friends and realatives to buy sets for me. Though I kept telling myself don't count the chickens before they hatch I was very excited and thought I'd make so much I'd have the kids college paid for.
I will keep my orders for the three coin sets but will cancel the two coin sets. With all the people buying for me that will be 46 2 piece sets. I still think the three coin sets are winners but certainly not on the magnitude they were before. Certainly won't pay the kids college. Lucky for me they are only 1 1/2 and 3 so I have plenty of time.
There is one thing to consider before canceling the two piece sets- the set itself. Remember, the set itself is rather limited at 20,000, and if you look in to the future, many people may want the complete set of 3 of 20th Anniversary sets. So no matter what the mint sells as singles, it's that box that's limited to 20,000 and these may actually become rare in the future because of everyone getting overly upset and canceling, re-dispersing these into mainly collector's hands.
One other thing to contemplate...The US Mint is committed to your 100% satisfaction. Return the entire product within 30 days for replacement or refund....
That will buy you some time if you are sitting on the fence as I am!
<< <i>One other thing to contemplate...The US Mint is committed to your 100% satisfaction. Return the entire product within 30 days for replacement or refund....
That will buy you some time if you are sitting on the fence as I am! >>
true, but I feel like humpty dumpty and I fell off the fence. I cancelled all my 2pc sets completely and maybe most of my silver 3 pc sets we will see what I do there.
After reading the offerings and both press releases again and again (20th Anniv set press release and the new offering press release) - without a doubt the coins offered individually are the same as offered in the 2 pc sets - at far cheaper prices.
Is there a price adjustment in order? Probably not.
The Mint shot themselves in the foot with this debacle. Something is rotten in Denmark. It doesnt seem logical.
I guess the box is worth $ 110.05.
They should strike the individually sold burnished unc's in Philly or Denver - that would raise some eyebrows and still guarantee sellout of the 2 pc sets.
I still think something is very wierd with the latest offering. I'm just holding off cancelling my 2 pc sets for about a week or so to see how the dust settles.
<< <i>By the way, no where does it say that the reverse proof has a mintage of 10,000 coins. It says the 3 coin gold set has a mintage of 10,000 SETS.
The same was said about the unc's. Mintage of 20,000 SETS - not coins......we all just implied that in our minds..... >>
true but I do not think they are selling any of the reverse proofs individually unless I am mistaken. What I gather from the readings is that they are making a whole ton of uncirulated ones so the Gold one oz unc will be worthless if this is the case as well as the standard proof gold one oz. Same for the silver sets except for the silver reverse proof.
The fact that they are now releasing a bunch more unc ones means I will buy many many less.
Below is the lanuage from the 20th Anniv set release - looks like the reverse proof is ONLY in the set.......whew!!!!!
American Eagle Gold and Silver Reverse Proof Coins are one of the special offerings developed to celebrate the program’s 20th anniversary. They feature a unique finish which results in a frosted field, or background, and a brilliant, mirror-like, finish on the raised elements of the coin, including the design and inscriptions. These coins are only available in the three-coin sets that celebrate the 20th anniversary of the American Eagle Programs.
The next paragraph in the mint press release says that the Uncirculated Coins are being INTRODUCED. There is the play on words.
My opinion is the two piece sets have the EXACT same coins being offered cheaper later this month - as singles.
One thing that is interesting is the 4pc Platinum set - the reverse being the same as proof than the unc. Maybe a low mintage set due to people being tapped out on anniversary sets?
Am I reading into this too much, or is the Mint just inconsistent with thier press releases:
From the Aug 21 Press release (20th Anniv Sets) - see reference to "same finish"
"American Eagle Gold and Silver Uncirculated Coins are being introduced in 2006. These coins feature the same finish as their bullion counterparts"
From the Sep 15 Press release (Fall Catalog / Uncirculated Coins) - see reference to "similar finish"
"Struck on specially burnished blanks, the American Eagle Uncirculated Coins feature a finish similar to their bullion counterparts,"
Are "Same" and "Similar" identical finishes????
However, both press release do say they are "burnished" planchets.
I think it may be wise to take advantage of buying on of the coins offered Sep 28 and compare to those issued in the 2 pc sets to make sure - as long as we can get the products in time to make use of the return policy.
Hmm, hopefully this will anger a lot of collectors and these sets won't sell at all including the singles perhaps making them rare.This did happen to the 1995 W Silver Eagle Proof because collectors were angry that they had to buy the whole set just to get the W proof. Only 30,000 sold out of a 50,000 mintage. This will only work if they don't continue selling them into 2007. If they do continue selling them in 2007 they will still be up against the new 2007 issues. This happened to the 2004 proof platinum which was offered late in the year and not sold in 2005 making it the lowest minted. I will probably cancel one of the two piece gold and silver anniversary set(still on the fence on this), but keep my order for 20 of the 3 piece silver and the 3 piece gold because of the reverse proofs. I will buy the platinum uncirculated that matches the reverse of the 2006 platinum, instead of a second two piece set though. I am very disappointed here but its the Mint and nothing surprises me about them, but sometimes shooting themselves in the foot also might have its advantages. We just have to wait and see how these uncirculated W bullion coins play out. One advantage is that they are being offered very late in the year and most collectors may have already spent their money on all the 2006 issues already.
<< <i>One other thing to contemplate...The US Mint is committed to your 100% satisfaction. Return the entire product within 30 days for replacement or refund....
That will buy you some time if you are sitting on the fence as I am! >>
I cancelled my 10 2-coin sets now to send the mint a message of my dissatisfaction. I'm not going to pay $110 for a fancy box. I was going to slab half the holdings. Now I'll wait for the singles. I may still balk at it all.
<< <i>The next paragraph in the mint press release says that the Uncirculated Coins are being INTRODUCED. There is the play on words.
My opinion is the two piece sets have the EXACT same coins being offered cheaper later this month - as singles.
One thing that is interesting is the 4pc Platinum set - the reverse being the same as proof than the unc. Maybe a low mintage set due to people being tapped out on anniversary sets? >>
I agree, that 4 piece platinum is under the radar, nice combo of proof and unc and mint mark.
<< <i>"The diverse product offerings in our 2006 Holiday Collection are certain to please collectors," >>
Should they change the word "PLEASE" to "PI$$ OFF" ?
I mean They most certainly gave the impression that MORE than 1 of the coins in the 3 coin sets, would only be availible in the sets. Even if the wording didn't specifically say ONLY AVAILIBLE, for all three coins.
(Old man) Look I had a lovely supper, and all I said to my wife was, “That piece of halibut was good enough for Jehovah”.
(Priest) BLASPHEMY he said it again, did you hear him?
I don't think the W mint coins will be available any other way than the sets. Show me where it says otherwise. I've read the text in the link you posted. It doesn't say the W mint mark will be available any other way than the sets.
Jonathan
I have been a collector for over mumbly-five years. I learn something new every day.
New Uncirculated American Eagles Available September 28 in United States Mint 2006 Holiday Collection
WASHINGTON — The United States Mint’s annual catalog – the 2006 Holiday Collection – not only celebrates history with the American Buffalo Proof Coin, the 20th Anniversary Eagle Sets, and the San Francisco Old Mint Commemorative Coins, but also makes history with the introduction of American Eagle Uncirculated Coins in silver, gold and platinum.
"The diverse product offerings in our 2006 Holiday Collection are certain to please collectors, American history lovers, and others who are looking for fine quality gifts," said United States Mint Director Edmund C. Moy.
Struck on specially burnished blanks, the American Eagle Uncirculated Coins feature a finish similar to their bullion counterparts, but carry the "W" mint mark reflecting their striking at the United States Mint at West Point. Each coin is encapsulated in plastic and accompanied by a Certificate of Authenticity.
The American Eagle Gold and Silver Uncirculated Coins bear the same designs as their bullion and proof counterparts. The platinum version features the same obverse design found on the proof and bullion coins, but the reverse displays the design featured on the reverse of the 2006 American Eagle Platinum Proof Coin – a design honoring the Legislative Branch of our national government.
Priced at the relative mid-point between the American Eagle Proof Coins and the American Eagle Bullion Coins, the one-ounce American Eagle Gold Uncirculated Coins sell for $720.00; the 1/2-ounce for $375.00; the 1/4-ounce for $190.00; the 1/10-ounce for $85.00; and the four-coin gold uncirculated set for $1,350.
The one-ounce American Eagle Platinum Uncirculated Coin sells for $1,390.00; the 1/2-ounce for $720.00; the 1/4-ounce for $390.00; the 1/10-ounce for $180.00; and the four-coin platinum uncirculated set for $2,585. The one-ounce American Eagle Silver Uncirculated Coin sells for $19.95.
Included in the United States Mint 2006 Holiday Collection are the following products:
San Francisco Old Mint Commemorative Coin Program – This program features a $5 gold proof and uncirculated coin, as well as a proof and uncirculated silver dollar
2006 United States Mint American Legacy Collection™, containing a proof "Founding Father" Benjamin Franklin Commemorative Silver Dollar and a proof San Francisco Old Mint Silver Dollar, as well as proof versions of all 2006-dated circulating coins.
American Buffalo Gold Proof Coin American Eagle Silver Proof Coin American Eagle 20th Anniversary Gold & Silver Set (two one-ounce coins, one uncirculated gold and one uncirculated silver) American Eagle 20th Anniversary Silver Coin Set (three one-ounce coins, one each, proof, reverse proof and uncirculated) American Eagle Gold Proof Coins – In 1/10-ounce, 1/4-ounce & 1/2-ounce weights and the four-coin set, the individual one-ounce coin is sold out. American Eagle Platinum Proof Coins – In 1/10-ounce, 1/4-ounce, 1/2-ounce & one-ounce weights, and the four-coin set. 2006 United States Mint 50 State Quarters Silver Proof Set™ 2006 United States Mint 50 State Quarters Proof Set™ 2006 United States Mint Silver Proof Set® 2006 United States Mint Proof Set® 2006 United States Mint Uncirculated Coin Set® 2006 50 State Quarters® Official First Day Coin Covers 50 State Quarters® Greetings from America State Card Sets and Portfolios 2006 Westward Journey Nickel Series™ Coin Set ("Return to Monticello" design) 2006 "Return to Monticello" First Day Coin Covers Collecting America's Coins: Beginner Basics (includes one-cent planchet, a pair of circulating one-cent coins, a pair of uncirculated satin-finish dimes, and a proof condition half-dollar) Delivery by December 25, 2006, is guaranteed on any in-stock item, anywhere in the United States, for orders received by December 4, 2006, for standard delivery, and for orders received by December 11, 2006, for express delivery.
To order online, visit the United States Mint's secure website at www.usmint.gov. To order by mail, complete and send in the order form enclosed in your mailing to: United States Mint, P.O. Box 71199, Philadelphia, PA 19176-6199. To order by telephone, call 1-800-USA-MINT (872-6468). Hearing- and speech-impaired customers with TTY equipment may order by calling 1-888-321-MINT (6468).
Contact: Press inquiries: Michael White (202) 354-7222 Customer Service information: (800) USA MINT (872-6468)
alextcat -- the burnished w mintmark uncirculated american eagle coins will be sold as singles, not only the gold and silver, but also in platinum. Read the above press release posted and take a look at the scheduled products page on the us mint site.
<< <i>I don't think the W mint coins will be available any other way than the sets. Show me where it says otherwise. I've read the text in the link you posted. It doesn't say the W mint mark will be available any other way than the sets.
Jonathan >>
"Struck on specially burnished blanks, the American Eagle Uncirculated Coins feature a finish similar to their bullion counterparts, but carry the "W" mint mark reflecting their striking at the United States Mint at West Point. Each coin is encapsulated in plastic and accompanied by a Certificate of Authenticity."
I think that pretty much settles it.
I collect the elements on the periodic table, and some coins. I have a complete Roosevelt set, and am putting together a set of coins from 1880.
<< <i>I don't think the W mint coins will be available any other way than the sets. Show me where it says otherwise. I've read the text in the link you posted. It doesn't say the W mint mark will be available any other way than the sets.
Jonathan >>
"Struck on specially burnished blanks, the American Eagle Uncirculated Coins feature a finish similar to their bullion counterparts, but carry the "W" mint mark reflecting their striking at the United States Mint at West Point. Each coin is encapsulated in plastic and accompanied by a Certificate of Authenticity."
I think that pretty much settles it. >>
Well, crap. I think I'll cancel my 2 coin set as well. But I'm keeping the three coin silver sets.
Jonathan
I have been a collector for over mumbly-five years. I learn something new every day.
What really POs me is the way they suckered us all in. The way it came down proves it was all planned. No mention was made of the uncirculated coins being available as singles when sales were opened on Aug 30th. If they wanted to be fair they would mint the new single coins with a S, D or P as someone else suggested,
<< <i>What really POs me is the way they suckered us all in. The way it came down proves it was all planned. No mention was made of the uncirculated coins being available as singles when sales were opened on Aug 30th. If they wanted to be fair they would mint the new single coins with a S, D or P as someone else suggested, >>
I like this idea, but on the silver eagles make it a three piece uncirculated set with one each from P-D-S in the fall catalog (like they did with the $10 gold piece back in 1984).
Am I reading into this too much, or is the Mint just inconsistent with thier press releases:
From the Aug 21 Press release (20th Anniv Sets) - see reference to "same finish"
"American Eagle Gold and Silver Uncirculated Coins are being introduced in 2006. These coins feature the same finish as their bullion counterparts"
From the Sep 15 Press release (Fall Catalog / Uncirculated Coins) - see reference to "similar finish"
"Struck on specially burnished blanks, the American Eagle Uncirculated Coins feature a finish similar to their bullion counterparts,"
Are "Same" and "Similar" identical finishes????
However, both press release do say they are "burnished" planchets.
I think it may be wise to take advantage of buying on of the coins offered Sep 28 and compare to those issued in the 2 pc sets to make sure - as long as we can get the products in time to make use of the return policy.
<< <i>What really POs me is the way they suckered us all in. The way it came down proves it was all planned. No mention was made of the uncirculated coins being available as singles when sales were opened on Aug 30th. If they wanted to be fair they would mint the new single coins with a S, D or P as someone else suggested, >>
Why won't they limit these?? They put a limit on the regular Proofs for the Gold and Platinum. SO why have unlimited??
I bet the Bullion dealers are mad. This will probably affect their bottom line.
<< <i>Reading the Aug 21 press release more carefully in hindsight, the Mint was signaling this all along. While saying the reverse proofs will ONLY be available in the sets, they don't use that language about the Unc, instead saying only that the Unc's are being "introduced" in 2006.
Guess you have to read like a lawyer. Still, not saying flat out, "more unc's are coming later this year" is misleading, isn't it? Hard to believe they didn't know that on Aug 21.
This reminds me, in the original offering the Silver "Reverse Proof" Eagle was designated as having a "P" mint mark, while everything else was "W." At the time I thought it odd, but figured maybe it was an issue involving production capacity.
Now I am wondering if they aren't setting us up to offer a "W"-mint Silver Reverse Proof before the end of the year?
TD
Numismatist. 54 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Also won the PNG's Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
All this speculation, excitement, and disappointment, I’m glad I collect not for investment purposes, but for enjoyment purposes. Mintages of 10,000 or 1,000,000 if I like the coins I buy them, end of story. I bought the set for the reverse proof and I can’t wait to see it. Any monetary appreciations, or losses, really are irrelevant to me. And many, many years from now, hopefully many years, if my little ones ever sell off my collection and pocket the money, it’s not like they’re going to say, “if they only limited those 2006 uncirculated bullion eagles to the anniversary sets….”
I want to thank everyone here for keeping an eye on the Mint. I canceled all of my two coins sets, but am keeping my two three coin sets. I have until December to decide on the silver three coin sets.
I, too, bought the Silver Set for collecting purposes not investment purposes, especially because of the reverse proof. I think it was unfair that the Mint brought the uncirculated coins out as a "surprise", and would not be surprised if October brings the silver reverse proofs out as a seperate issue as well. Regardless, I feel the 3-coin silver set should hold up well in value as a complete "set". I wonder how many speculators ("investors") will break up their sets for grading purposes... thus reducing the total number of complete as-issued sets available to collectors. This is a case, I think, of the whole being greater than the sum of the parts.
This makes sense when we take into consideration the arguments some have made that the proof and uncirculated coins cost x amount, subtract that amount from $100 and you get a "value" for the reverse proof. I don't think that logic will work out. I think the 3-coin set, as a whole, will be worth more than $100 as time goes on, but it is difficult, if not impossible, to accurately break the value of the set down to a per-coin value. In other words, yes, we are paying for the packaging ("box") and it is worth something.
The same logic applies to the 2-coin gold/silver set regardless of whether the coins are cheaper when purchased seperately.
I only bought one 3-coin silver set as part of my collection; if it's worth something in a couple of decades, that's great. If not worth much over purchase price, I'm not crying.
<< <i>In my view, this is the Mint's way of getting in on the sales $$ of uncirc gold, silver and platinum. Up until now, they have only sold Proof strikes of these and one had to go to a bullion dealer to get the uncircs. >>
Yes, one to go to a bullion dealer to buy the uncircs. This is because the Mint's POLICY is to distribute the uncircs. only to bullion dealers who met certain qualifications. So if the Mint wanted a bigger cut of the uncircs, they should have changed THEIR policy.
An authorized PCGS dealer, and a contributor to the Red Book.
And now people will expect us to carry them in the store, and sell them at Mint issue price. Yeah, right! TD
Numismatist. 54 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Also won the PNG's Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
The mint is getting be like the post office. They issued so many junky stamps that after a while collectors just said "Enough" and stopped buying in the over saturated market. The mint would do well to look at what happened to the post office.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
Comments
<< <i>
<< <i>If a lot of people start cancelling their Unc sets, eventually the Unc pieces would be scare. >>
How can they become scarce when they can be purchased as a single >>
I figure:
The one who purchased the sets will not buy the singles
The one who hadn't purchased the set might decide not to buy the singles because the coins are no longer attractive to them (high mintage quantity)
Therefore, the Mint may have to melt the unsold coins by year end
public as well as shoot itself in the foot. If what we hear is
true, this will be the last purchases I make from the Mint for
another 20 years.
Camelot
-----
one can only hope so!
No I wont order later. I just picked up a dozen more Legacy Sets the paper is cheaper and they're selling the 50,000 sets quicker this year then last.
<< <i>I'm not really pissed that they are offering them as singles, but I am pissed that they are raping us on the prices. Either jack up the price of the single offerings so that we aren't getting bent over when purchasing the two-coin set, or give all of us a credit/refund for the massive difference in price. >>
Hypothetical: TPGs only label coins from the sets as First Strike! Singles purchased separately cannot qualify.
While I think the First $trike label is a load of crap foisted upon the investor/collector community by the TPGs to $kim more money from us, if there is a market for Frist $trike and if the TPGs reserve this designation for coins from the sets only, then there is still a huge upsell market potential, IMHO.
Edited: for clarity.
---------------------------------------------------------------------------------------------------------------------------------------
BONGO HURTLES ALONG THE RAIN SODDEN HIGHWAY OF LIFE ON UNDERINFLATED BALD RETREAD TIRES
I will keep my orders for the three coin sets but will cancel the two coin sets. With all the people buying for me that will be 46 2 piece sets. I still think the three coin sets are winners but certainly not on the magnitude they were before. Certainly won't pay the kids college. Lucky for me they are only 1 1/2 and 3 so I have plenty of time.
Possible recipe for future rarity.
WF
That will buy you some time if you are sitting on the fence as I am!
<< <i>I want the platinum!!!!!!!!!! >>
Wait for the platinum reverse proof. With the "BU" reverse design. And the W mint mark, and the "Year of the Dog" Privvy mark.
<< <i>One other thing to contemplate...The US Mint is committed to your 100% satisfaction. Return the entire product within 30 days for replacement or refund....
That will buy you some time if you are sitting on the fence as I am! >>
true, but I feel like humpty dumpty and I fell off the fence. I cancelled all my 2pc sets completely and maybe most of my silver 3 pc sets we will see what I do there.
Zach
Check my ebay BIN or Make Offers!!
Is there a price adjustment in order? Probably not.
The Mint shot themselves in the foot with this debacle. Something is rotten in Denmark. It doesnt seem logical.
I guess the box is worth $ 110.05.
They should strike the individually sold burnished unc's in Philly or Denver - that would raise some eyebrows and still guarantee sellout of the 2 pc sets.
The same was said about the unc's. Mintage of 20,000 SETS - not coins......we all just implied that in our minds.....
<< <i>By the way, no where does it say that the reverse proof has a mintage of 10,000 coins. It says the 3 coin gold set has a mintage of 10,000 SETS.
The same was said about the unc's. Mintage of 20,000 SETS - not coins......we all just implied that in our minds..... >>
true but I do not think they are selling any of the reverse proofs individually unless I am mistaken. What I gather from the readings is that they are making a whole ton of uncirulated ones so the Gold one oz unc will be worthless if this is the case as well as the standard proof gold one oz. Same for the silver sets except for the silver reverse proof.
The fact that they are now releasing a bunch more unc ones means I will buy many many less.
Check my ebay BIN or Make Offers!!
American Eagle Gold and Silver Reverse Proof Coins are one of the special offerings developed to celebrate the program’s 20th anniversary. They feature a unique finish which results in a frosted field, or background, and a brilliant, mirror-like, finish on the raised elements of the coin, including the design and inscriptions. These coins are only available in the three-coin sets that celebrate the 20th anniversary of the American Eagle Programs.
Textonly
My opinion is the two piece sets have the EXACT same coins being offered cheaper later this month - as singles.
One thing that is interesting is the 4pc Platinum set - the reverse being the same as proof than the unc. Maybe a low mintage set due to people being tapped out on anniversary sets?
From the Aug 21 Press release (20th Anniv Sets) - see reference to "same finish"
"American Eagle Gold and Silver Uncirculated Coins are being introduced in 2006. These coins feature the same finish as their bullion counterparts"
From the Sep 15 Press release (Fall Catalog / Uncirculated Coins) - see reference to "similar finish"
"Struck on specially burnished blanks, the American Eagle Uncirculated Coins feature a finish similar to their bullion counterparts,"
Are "Same" and "Similar" identical finishes????
However, both press release do say they are "burnished" planchets.
I think it may be wise to take advantage of buying on of the coins offered Sep 28 and compare to those issued in the 2 pc sets to make sure - as long as we can get the products in time to make use of the return policy.
Box of 20
<< <i>One other thing to contemplate...The US Mint is committed to your 100% satisfaction. Return the entire product within 30 days for replacement or refund....
That will buy you some time if you are sitting on the fence as I am! >>
I cancelled my 10 2-coin sets now to send the mint a message of my dissatisfaction. I'm not going to pay $110 for a fancy box. I was going to slab half the holdings. Now I'll wait for the singles. I may still balk at it all.
<< <i>The next paragraph in the mint press release says that the Uncirculated Coins are being INTRODUCED. There is the play on words.
My opinion is the two piece sets have the EXACT same coins being offered cheaper later this month - as singles.
One thing that is interesting is the 4pc Platinum set - the reverse being the same as proof than the unc. Maybe a low mintage set due to people being tapped out on anniversary sets? >>
I agree, that 4 piece platinum is under the radar, nice combo of proof and unc and mint mark.
<< <i>"The diverse product offerings in our 2006 Holiday Collection are certain to please collectors," >>
Should they change the word "PLEASE" to "PI$$ OFF" ?
I mean They most certainly gave the impression that MORE than 1 of the coins in the 3 coin sets, would only be availible in the sets. Even if the wording didn't specifically say ONLY AVAILIBLE, for all three coins.
(Priest) BLASPHEMY he said it again, did you hear him?
<< <i>I agree, that 4 piece platinum is under the radar, nice combo of proof and unc and mint mark. >>
Yeah, I'm thinking of cancelling my gold 3-coin set order and getting the plat set instead. I think it has potential.
Is the reverse proof ASE the only unique coin in the 3 pc silver set?
thanks guys
If not for our ability to cancell these orders, the most of us would be up the creek without a paddle!
<< <i>Is the reverse proof going to be enough to carry the 3pc Silver Set? >>
Unless they end up selling them as singles, I say "yes". I think the reverse proof alone would go for over $100 within a few years.
That's just my optimistic guess.
collections: Maryland related coins & exonumia, 7070 Type set, and Video Arcade Tokens.
The Low Budget Y2K Registry Set
Jonathan
Jonathan
September 15, 2006
Back to my search
New Uncirculated American Eagles Available September 28
in United States Mint 2006 Holiday Collection
WASHINGTON — The United States Mint’s annual catalog – the 2006 Holiday Collection – not only celebrates history with the American Buffalo Proof Coin, the 20th Anniversary Eagle Sets, and the San Francisco Old Mint Commemorative Coins, but also makes history with the introduction of American Eagle Uncirculated Coins in silver, gold and platinum.
"The diverse product offerings in our 2006 Holiday Collection are certain to please collectors, American history lovers, and others who are looking for fine quality gifts," said United States Mint Director Edmund C. Moy.
Struck on specially burnished blanks, the American Eagle Uncirculated Coins feature a finish similar to their bullion counterparts, but carry the "W" mint mark reflecting their striking at the United States Mint at West Point. Each coin is encapsulated in plastic and accompanied by a Certificate of Authenticity.
The American Eagle Gold and Silver Uncirculated Coins bear the same designs as their bullion and proof counterparts. The platinum version features the same obverse design found on the proof and bullion coins, but the reverse displays the design featured on the reverse of the 2006 American Eagle Platinum Proof Coin – a design honoring the Legislative Branch of our national government.
Priced at the relative mid-point between the American Eagle Proof Coins and the American Eagle Bullion Coins, the one-ounce American Eagle Gold Uncirculated Coins sell for $720.00; the 1/2-ounce for $375.00; the 1/4-ounce for $190.00; the 1/10-ounce for $85.00; and the four-coin gold uncirculated set for $1,350.
The one-ounce American Eagle Platinum Uncirculated Coin sells for $1,390.00; the 1/2-ounce for $720.00; the 1/4-ounce for $390.00; the 1/10-ounce for $180.00; and the four-coin platinum uncirculated set for $2,585. The one-ounce American Eagle Silver Uncirculated Coin sells for $19.95.
Included in the United States Mint 2006 Holiday Collection are the following products:
San Francisco Old Mint Commemorative Coin Program – This program features a $5 gold proof and uncirculated coin, as well as a proof and uncirculated silver dollar
2006 United States Mint American Legacy Collection™, containing a proof "Founding Father" Benjamin Franklin Commemorative Silver Dollar and a proof San Francisco Old Mint Silver Dollar, as well as proof versions of all 2006-dated circulating coins.
American Buffalo Gold Proof Coin
American Eagle Silver Proof Coin
American Eagle 20th Anniversary Gold & Silver Set (two one-ounce coins, one uncirculated gold and one uncirculated silver)
American Eagle 20th Anniversary Silver Coin Set (three one-ounce coins, one each, proof, reverse proof and uncirculated)
American Eagle Gold Proof Coins – In 1/10-ounce, 1/4-ounce & 1/2-ounce weights and the four-coin set, the individual one-ounce coin is sold out.
American Eagle Platinum Proof Coins – In 1/10-ounce, 1/4-ounce, 1/2-ounce & one-ounce weights, and the four-coin set.
2006 United States Mint 50 State Quarters Silver Proof Set™
2006 United States Mint 50 State Quarters Proof Set™
2006 United States Mint Silver Proof Set®
2006 United States Mint Proof Set®
2006 United States Mint Uncirculated Coin Set®
2006 50 State Quarters® Official First Day Coin Covers
50 State Quarters® Greetings from America State Card Sets and Portfolios
2006 Westward Journey Nickel Series™ Coin Set ("Return to Monticello" design)
2006 "Return to Monticello" First Day Coin Covers
Collecting America's Coins: Beginner Basics (includes one-cent planchet, a pair of circulating one-cent coins, a pair of uncirculated satin-finish dimes, and a proof condition half-dollar)
Delivery by December 25, 2006, is guaranteed on any in-stock item, anywhere in the United States, for orders received by December 4, 2006, for standard delivery, and for orders received by December 11, 2006, for express delivery.
To order online, visit the United States Mint's secure website at www.usmint.gov. To order by mail, complete and send in the order form enclosed in your mailing to: United States Mint, P.O. Box 71199, Philadelphia, PA 19176-6199. To order by telephone, call 1-800-USA-MINT (872-6468). Hearing- and speech-impaired customers with TTY equipment may order by calling 1-888-321-MINT (6468).
Contact: Press inquiries: Michael White (202) 354-7222
Customer Service information: (800) USA MINT (872-6468)
<< <i>I don't think the W mint coins will be available any other way than the sets. Show me where it says otherwise. I've read the text in the link you posted. It doesn't say the W mint mark will be available any other way than the sets.
Jonathan >>
"Struck on specially burnished blanks, the American Eagle Uncirculated Coins feature a finish similar to their bullion counterparts, but carry the "W" mint mark reflecting their striking at the United States Mint at West Point. Each coin is encapsulated in plastic and accompanied by a Certificate of Authenticity."
I think that pretty much settles it.
<< <i>
<< <i>I don't think the W mint coins will be available any other way than the sets. Show me where it says otherwise. I've read the text in the link you posted. It doesn't say the W mint mark will be available any other way than the sets.
Jonathan >>
"Struck on specially burnished blanks, the American Eagle Uncirculated Coins feature a finish similar to their bullion counterparts, but carry the "W" mint mark reflecting their striking at the United States Mint at West Point. Each coin is encapsulated in plastic and accompanied by a Certificate of Authenticity."
I think that pretty much settles it.
Well, crap. I think I'll cancel my 2 coin set as well. But I'm keeping the three coin silver sets.
Jonathan
<< <i>What really POs me is the way they suckered us all in. The way it came down proves it was all planned. No mention was made of the uncirculated coins being available as singles when sales were opened on Aug 30th. If they wanted to be fair they would mint the new single coins with a S, D or P as someone else suggested, >>
I like this idea, but on the silver eagles make it a three piece uncirculated set with one each from P-D-S in the fall catalog (like they did with the $10 gold piece back in 1984).
From the Aug 21 Press release (20th Anniv Sets) - see reference to "same finish"
"American Eagle Gold and Silver Uncirculated Coins are being introduced in 2006. These coins feature the same finish as their bullion counterparts"
From the Sep 15 Press release (Fall Catalog / Uncirculated Coins) - see reference to "similar finish"
"Struck on specially burnished blanks, the American Eagle Uncirculated Coins feature a finish similar to their bullion counterparts,"
Are "Same" and "Similar" identical finishes????
However, both press release do say they are "burnished" planchets.
I think it may be wise to take advantage of buying on of the coins offered Sep 28 and compare to those issued in the 2 pc sets to make sure - as long as we can get the products in time to make use of the return policy.
<< <i>What really POs me is the way they suckered us all in. The way it came down proves it was all planned. No mention was made of the uncirculated coins being available as singles when sales were opened on Aug 30th. If they wanted to be fair they would mint the new single coins with a S, D or P as someone else suggested, >>
Why won't they limit these?? They put a limit on the regular Proofs for the Gold and Platinum. SO why have unlimited??
I bet the Bullion dealers are mad. This will probably affect their bottom line.
<< <i>Reading the Aug 21 press release more carefully in hindsight, the Mint was signaling this all along. While saying the reverse proofs will ONLY be available in the sets, they don't use that language about the Unc, instead saying only that the Unc's are being "introduced" in 2006.
Guess you have to read like a lawyer. Still, not saying flat out, "more unc's are coming later this year" is misleading, isn't it? Hard to believe they didn't know that on Aug 21.
Aug 21 release >>
This reminds me, in the original offering the Silver "Reverse Proof" Eagle was designated as having a "P" mint mark, while everything else was "W." At the time I thought it odd, but figured maybe it was an issue involving production capacity.
Now I am wondering if they aren't setting us up to offer a "W"-mint Silver Reverse Proof before the end of the year?
TD
This makes sense when we take into consideration the arguments some have made that the proof and uncirculated coins cost x amount, subtract that amount from $100 and you get a "value" for the reverse proof. I don't think that logic will work out. I think the 3-coin set, as a whole, will be worth more than $100 as time goes on, but it is difficult, if not impossible, to accurately break the value of the set down to a per-coin value. In other words, yes, we are paying for the packaging ("box") and it is worth something.
The same logic applies to the 2-coin gold/silver set regardless of whether the coins are cheaper when purchased seperately.
I only bought one 3-coin silver set as part of my collection; if it's worth something in a couple of decades, that's great. If not worth much over purchase price, I'm not crying.
<< <i>In my view, this is the Mint's way of getting in on the sales $$ of uncirc gold, silver and platinum. Up until now, they have only sold Proof strikes of these and one had to go to a bullion dealer to get the uncircs. >>
Yes, one to go to a bullion dealer to buy the uncircs. This is because the Mint's POLICY is to distribute the uncircs. only to bullion dealers who met certain qualifications. So if the Mint wanted a bigger cut of the uncircs, they should have changed THEIR policy.
An authorized PCGS dealer, and a contributor to the Red Book.
Yeah, right!
TD
Contact: Press inquiries: Michael White (202) 354-7222
Customer Service information: (800) USA MINT (872-6468)
You let me know what they say