2- Coin Set and the Unc. Singles ARE the same. New Mint Note :

aficionado

I think this seals the deal. The single option and the set will have the same coin. This is in the description when you select the 2-coin or 3-coin Silver set, sorry if its been posted:

"Note: The American Eagle Silver Uncirculated Coin will also be available as an individual option beginning September 28, 2006. This coin will be minted to demand."

HonoluluDude

This sucks, I'm thinking of cancelling all my sets on order. What a scam they are running.

19Lyds

So I need to ask, is the reverse proof going to be available anywhere other than the anniversary sets?

Edited to add: And....what will be the mint mark if any for the regular bullion uncirculated SAE?

EricSan

Nice to see some clarity on the issue - guess they've been fielding a lot of questions lately...

coinman420

if the reverse proof is only available in the 3 piece set it will hold value. if they sell it as a single the 3 pc will be worth much less. the mint made a bad decision putting 2005 minted coins back on sale. imagine if they "found" a bunch more sets of 1999 silver proofs and put them up for sale again!!! it wouldn`t surprise me if they started to sell the reverse proof as a single. got my trigger finger on the cancel box and just waiting to see what they announce next.

BECOKA

Even if they sell singles it does not change the mintage limit that was set. Not sure what the issue is.

aficionado

<< <i>Even if they sell singles it does not change the mintage limit that was set. Not sure what the issue is. >>



The limit is on the Sets. The single coin option "will be minted to demand".

Now this could still be a small mintage, who knows how many will be sold. What if they sell 10,000 2-coin sets and 10,000 singles, you end up with the same mintage.

tychojoe

<< <i>So I need to ask, is the reverse proof going to be available anywhere other than the anniversary sets? And....what will be the mint mark if any for the regular bullion uncirculated SAE? >>



Mint said reverse proofs "ONLY" available in anniversary sets. (Aug 21 announcement).

Regular unc. bullion, without the burnished planchet, I understand will be as before -- no mint mark, right?

BECOKA

<< <i>

<< <i>Even if they sell singles it does not change the mintage limit that was set. Not sure what the issue is. >>



The limit is on the Sets. The single coin option "will be minted to demand".

Now this could still be a small mintage, who knows how many will be sold. What if they sell 10,000 2-coin sets and 10,000 singles, you end up with the same mintage. >>



If this is the case I may just have to cancel my two coin sets.

mfcobra

Can you believe this B.S.??

TraderGio

Does it help to call the US Mint or do they do what they due without concern for customer satisfaction?

GAT

That notice pertains to the silver BU coin specifically. What about the gold one?

Edited to add: I have been cancelling my various orders for the gold/silver sets the past few days and cancalled the last one an hour ago

DrPerry

Well I got my answer and YES I cancelled my gold and silver set

I still have a 3 piece silver on order though.

If their not out to screw us they sure don't show it.

mfcobra

<< <i>That notice pertains to the silver BU coin specifically. What about the gold one? >>



Check this out

Note: The American Eagle Gold and Silver Uncirculated Coins will be available as individual coin option beginning September 28, 2006. These coins will be minted to demand.

19Lyds

This looks like its going to be really really screwed up! I guess we won't really know whats happening until after we receive the sets and after we receive a few singles.

I have to agree that this appears to be one big mess!

RichR

It's funny...but I was just going to post a question asking if anyone thought that the Mint might actually adjust the price for the gold sets downward since the value of bullion has dropped significantly since the orders were originally received last month...

But now I see that the Mint is up to its old tricks, playing games with the words total "units" and total "minted"

So, Question 1: With an unlimited mintage, does it make any sense to buy even a single 2-coin gold set at this point? I'm thinking "no".

Question 2: Is there any point in buying more than one 3-coin silver set (just for kicks)? I'm also thinking of cancelling most of my orders for this set.

Question 3: As of now, I'm thinking that the 3-coin gold set should still be a winner...unless we suddenly lift the mintage limts on the reverse-proof gold coin in that set as well.

Thoughts...rants?

anoldgoat

"Question 2: Is there any point in buying more than one 3-coin silver set (just for kicks)? I'm also thinking of cancelling most of my orders for this set."

The silver set still has the reverse proof with 250K mintage. This is below the currently priced 1996 ($180) proof in mintage.

It's still a winner.

Mike

RichR

Thank, Mike...I just needed to hear that...before I hit the cancel button prematurely!

kimon1230

<< <i>Thank, Mike...I just needed to hear that...before I hit the cancel button prematurely! >>


me too

I already canceled the 2pc set since it's no longer worth it. I may still buy the singles but, I just don't see the point in spending $100 on a box. Now, if I were a box collector........

RichR

BTW...for all you set breaker-uppers out there:

Mint boxes on eBay have excellent re-sale value! Don't want to know why...