Official Silver, gold and Platinum 2006W set Thread ******************************************

Bear

Let us try to clear all the Mint clutter and put everything

revolving about these sets in a single thread. Thank you for

your cooperation.

Cladiator

It's a good try Bear

but this will

never work.

GAT

Why did Doops kick the bucket when he's needed? He would have made sense out of all this.

Bear

TTT

Moki

My apologies if this has already been discussed and is therefore redundant . . .

Perhaps the 2006-W 1 oz Platinum Unc is not the lowest mintage. A wishful theory . . .

We can be fairly certain that there was at least one accounting error on the tally of 1 oz platinum coins given on either December 15th or December 20th by the US mint via eric96 and/or NN. The total number of 1 oz coins given on December 15th was 484. The total number of 1oz coins reportedly sold almost one week later was 500 or only 16 coins more. It is very unlikely that after the frenzy of interest generated in these forums there were only sixteen 1 oz coins sold during that last week. Therefore, it is highly probable that either the total number of 1oz platinum reportedly sold by December 15th was either over-stated (too high) or the total number of 1oz platinum reportedly sold by December 20th was understated (too low). In either case, there was an error in the accounting of these coins and there exists a lack of confidence in the total mintage figures given thus far.

To review the mintage numbers in question:

December 15th

$100 - 484
$50 - 563
$25 - 670
$10 - 1,750
4 coin sets - 1,505

December 20th

$100 - 500
$50 - 650
$25 - 700
$10 - 1750
4 coin sets 2,000

Given the rate the 1oz coins were selling at relative to the sales of fractionals prior to December 20th, and given the fact that the 1oz coins were the last single denominations to be available, one would suspect that easily more than 500 were minted and sold (apart from the 4-coin sets). If the 1oz had sold during the last week at the same percentage relative to other denominations, it would have been the first denomination of the three remaining to go “Product not available” at a total mintage of 500. Even if it had only been selling at a third of the rate it had been selling relative to other remaining denominations, it would have sold out sooner than the 1/2oz! Instead, it was the last to go “Product not available.”


Secondly, for the mint to produce fewer 1oz coins than any of the other denominations goes against 10 years of precedence where in each year of the platinum proofs the ½ oz have had the lowest mintages except for 2003 when the ¼ oz had the lowest mintage. In 9 out of 9 years of platinum proofs, the 1/2oz mintage was lower than the 1oz mintage. For the mintages of bullion, the results are split with the 1 oz having the lowest mintage in 5 out of 9 years and the 1/2oz the lowest mintage in the other 4 years—mintages dictated by demand not by a single small mint run. The mint considered this issue a low mintage collector coin—not simply bullion. Why would the mint decide to mint fewer 1oz than any of the other denominations? This is a government agency. By their nature, government agencies do not hire people who think very hard, nor do they reward employees for thinking too much or who change things on a whim—they look for and reward employees for conforming and following procedure. I do not see or sense any reason why the mint would think hard enough to choose to break precedence with collectable platinum and mint fewer 1oz coins in uncirculated form than ½ oz coins. I do think it is logical to assume they would follow precedence and mint proportions in accordance with previous mintages of collectable platinum such as the proof mintages.

I therefore tightly hold on to my four half ounce coins with the high hopes that I will be proven correct! However, that may not be the case . . . but the numeral 8 is sometimes confused with the numeral 5. We know someone has been making mistakes in this area of mintage accounting. Perhaps the total mintage of 1oz is supposed to be 800?

Bochiman

Why?

In that case, all bust coins should be in 1 thread.
All ebay threads should become only 1 thread.
All dime threads, only 1 thread.
All morgans, only 1 thread.
All FUN threads, only 1 thread.


.....get the drift now? Too many people whine about little things.
Don't like all the bullion threads that others may find interesting? Ignore them or start your own about what you do like. People most likely won't complain about that....probably respond to it or ignore it. Pretty difficult concept to understand?

BigE

True Bochiman, but all the MOC bashers stuck to one thread. Very well behaved bunch they are-----BigE

LALASD4

The #'s in NN are Sales figures and not mintage #'s, maybe the Mint don't record sales until the products are shipped!

BigE

From the pop reports earlier I noticed the on the AGE' 2006 W's only about 50 coins of each have been reported, approx. 35 of each MS69 and 15 70's of each-----BigE

clackamas

When will we know the true mintage? I am betting that it is dang close to 2500. The sales were very slow until the 19th and then POW those of us on the forum shut the door. I put a mintage of 500 in my auctions "outside of the sets", meaning 2500 total.

Goldbully

15 Platinum Proof submissions and just one PR70....would you be happy???




PCGS Link

BigE

Yes I would, just be happy you have them. Its ok to re-submit, plus who know how many will join it? It would be a dream to have those coins------------BigE

BigE

Besides, you submitted them wrong, you should have done them in sets You need a do over anyway-----------BigE

LALASD4

Someone should do a poll on how many of each we purchased after the 20th.

Pentimento

<< <i>
December 15th

$100 - 484
$50 - 563
$25 - 670
$10 - 1,750
4 coin sets - 1,505

December 20th

$100 - 500
$50 - 650
$25 - 700
$10 - 1750
4 coin sets 2,000

>>



Not sure if THIS has been discussed recently, but I still think that all wacky moves in sales stem from the Nov 21st price spike in platinum. This is when many people bought their sets on this board, and i am sure people outside of the coin community moved that day as well. It was a sure way to freeze platinum at $1400 an ounce, but as the price fell back down these sets got returned. Just my view of the sitch.

RotatedRainbows

<< <i>True Bochiman, but all the MOC bashers stuck to one thread. Very well behaved bunch they are-----BigE >>

Goldbully

Here's a link to someone who sent in a case(10sets of 3) of ASE's for grading......thought this would be of interest to this official Bear thread.

I wonder how typical this submission was.....I just sent my case in a week ago.





10 proofs@PR69

10 RP and 2@PR70

10 Unc. and 7@PR69




PCGS Link

BigE

Yours was all platinums, why are you comparing it to that one, totally different coins, do you think the percentages should be the same? Many times over the years no PR70's for me, just be happy you got one------BigE

Coins101

<< <i>Here's a link to someone who sent in a case(10sets of 3) of ASE's for grading......thought this would be of interest to this official Bear thread.

I wonder how typical this submission was.....I just sent my case in a week ago.





10 proofs@PR69

10 RP and 2@PR70

10 Unc. and 7@PR69




PCGS Link >>



I think you mean 10 UNC. and 7 @MS69

ddink

Moki: the previous week, NN reported 499 sets sold. The next week they reported 484. Now they report 500. My bet is that a bunch of people decided the coins were losers (or needed the money for Christmas) and cancelled their orders within the week before the sets sold out.

Of course, the sellout time and/or numbers minted may just as easily be wrong.

Goldbully

<< <i>

<< <i>Here's a link to someone who sent in a case(10sets of 3) of ASE's for grading......thought this would be of interest to this official Bear thread.

I wonder how typical this submission was.....I just sent my case in a week ago.





10 proofs@PR69

10 RP and 2@PR70

10 Unc. and 7@PR69




PCGS Link >>



I think you mean 10 UNC. and 7 @MS69 >>




You are correct, Sir!! Thanks for the heads up.

Bear

renman95

<< <i>It's a good try Bear

but this will

never work.

>>



An Irishman told me that once, true story. Good luck, Bear.

CoinGuy42

I'd like this forum's thoughts on the 2006 W AGE's. The fractionals (less 1 oz) are sold out and of course the 4 coin set remains. I just purchased five 4 coin sets. Do you think the 4 coin set is a wise investment, i.e., can be sold for more than purchase price in 2007 and onwards? I'd like your thoughts.

7over8

OK guys and gals, orders are on wait list for 2006-W platinum already......seems like US Mint Ordering system took in orders in excess of MAXIMUM available AGAIN!!!!

Based on my conversation with a knowledgable Sr Rep this morning, the dreaded BACKORDERED status is the WAIT LIST as we all believed......

This tells us that the 1/2 oz platinum technically sold out before 12/16....not 12/18 as reported........

Same for the 1oz......before 12/19....

Still a chance to get these but expected delivery is 1/12/07 at the current time.....

Time to check order numbers

7over8

My situation......

I called twice and finally spoke to a knowledgable Sr Rep -

1/2 oz Platinum Orders placed 12/16 and 12/17 (before sellout) that showed "Backordered" on my original printout that day - THIS IS THE DREADED WAIT LIST, nothing wrong with CC's, just wait listed till 1/12/07......

1oz Platinum Order placed late afternoon 12/19 (just before sellout) that showed "Backordered" on my original printout that day - THIS IS ALSO THE DREADED WAIT LIST, nothing wrong with CC's, just wait listed till 1/12/07......

This tells all of us one thing - the dates for sellout as published in NN adn CW are wrong....they actually occurred sooner.................

Longacre

Great idea!

Jcarney

I just received my 1/2 oz 2006 W gold eagles from FedEx.

Hugegut

I received my platinum 1oz coins yesterday and my fractional gold this morning. Orders placed 12/19 in the morning.

renman95

I have everything I ordered, both gold and plat uncs except for the quarter oz plat. Jan 10 is the expected delivery date.

Newb

Received my two 4pc UNC Plat sets today order #23860*** for those keeping track.

fishcooker

I ordered something just 2 hrs before it went Product not Available. I guess I don't have to worry about the mail losing that package....

Bikingnut

Had to dig down a ways to find the thread, but I knew it was there somewhere.

Question: Am I supposed to leave the 2006W uncirculated golds sealed when I send it in for grading? I received my $25 from the mint today but am not sure if I should leave it sealed.

Dennis

fastrudy

I think I will not get my sets. They are "backordered with shipment on 12/27/06".

Does anybody want to trade a set for two one ounce coins? PM me if interested. I won't know if I can do this until the mint cancels the sets I ordered, so maybe this offer is a tad too early. My one ounce coins are in hand and beautiful.

291fifth

If I buy the mint's 2007 platinum and gold offerings will I be able to earn a return on my investment of at least 3200% by Feb. of 2008?

fishcooker

Buying is a great idea, but I must say the key is to actually receive them....

Bear

ttt

pf70collector

You can send your gold fractionals in capsules. They don't have to be in an unopened boxes. No First Strike on these.

FloridaBill

My laster order for 1 oz plat UNCs was placed at 12/18/2006 at 11:42 PM.

They shipped on 12-26, I have them in hand.

FloridaBill

RalphE

Two questions. I ordered the ½ and ¼ gold and they tried to deliver them today, but I wasn't home. Hopefully they will come tomorrow.

Question one: would it be better to send the coins off for grading or keep them in the original mint packaging? I am looking at holding them for six months or so then trying to sell them.

Question two: I have the eight free submissions with my membership to use. If I send these in with them, they are the only modern coins I have. Can I combine them with other coins while using the vouchers?

Ralph

aficionado

Received 1 oz Plat today. Ordered 12/19 # 23871xxx

2 halves in stock, hope they ship soon.

1 4-coin set, backordered 12/27, hope I get this one.

fishcooker

No 1/2 oz from 12/15 #23854xx yet.

7over8

The 1/2 oz'ers are really delayed.......now 1/13 expected ship date.....arrrhhhhhh!!!!!

Ordered 12/16 and 12/17 early AM

23857XXX and 23861XXX

Also 1 oz'er delayed also 1/13 expected delivery

23871XXX

Goldbully

Looks like the AGE Unc sets are gone!!!!!

If you try to order, they go right to backordered.

Can't wait to hear the mint totals on these coins....going to be another hot ticket IMHO.

Thanks again to the astute forum members for this call also!!!



Bye Bye

Goldbully

<< <i>Looks like the AGE Unc sets are gone!!!!!

If you try to order, they go right to backordered.

Can't wait to hear the mint totals on these coins....going to be another hot ticket IMHO.

Thanks again to the astute forum members for this call also!!!



Bye Bye


I meant to add.....no more AGE Unc. fractionals....the keys to this series!!!

Anyone venture a guess on the most important coin....1/10, 1/4, or 1/2??



>>

Jcarney

<< <i>I meant to add.....no more AGE Unc. fractionals....the keys to this series!!!

Anyone venture a guess on the most important coin....1/10, 1/4, or 1/2?? >>



I'm going to say that the 2006 W $25 1/2 ounce will be the lowest mintage gold eagle to date of any denomination.

aficionado

Platinum "W":

I got my 1 oz yesterday:
Order Date: 12/19/2006 at 02:52 PM # 23871xxx

I got my 1/2 today:
Order Date: 12/15/2006 at 08:14 PM # 23856xxx

4-coin set backordered
Order Date: 12/18/2006 at 01:46 PM # 23866xxx

ALL my orders were place when the 'backordered' display went up on the website.

ddbird

1st fractional I've seen sell...

$125 in a few days. NOt bad.

Goldbully

Amazing ASE RP 'by the mint case' grading results.

5 out of 10!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!PR70's!!!!!!!!!!!


1 10762653 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR70
1 2 10762654 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR70
1 3 10762655 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR69
1 4 10762656 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR70
1 5 10762657 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR70
1 6 10762658 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR69
1 7 10762659 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR70
1 8 10762660 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR69
1 9 10762661 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR69
1 10 10762662 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR69




PCGS Submission

Smitty79

<< <i>Amazing ASE RP 'by the mint case' grading results.

5 out of 10!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!PR70's!!!!!!!!!!!


1 10762653 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR70
1 2 10762654 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR70
1 3 10762655 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR69
1 4 10762656 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR70
1 5 10762657 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR70
1 6 10762658 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR69
1 7 10762659 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR70
1 8 10762660 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR69
1 9 10762661 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR69
1 10 10762662 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR69




PCGS Submission >>



Nice! Congrats.

COINB0Y

Way to go!