2006-W Platinum Unc Dropping
persaus
Posts: 398
Last auctions were $ 2300 for MS69 and $ 3926 for MS70... For the One (1) Ounce
0
Comments
Ken
<< <i>This forum is loaded with Chicken Littles. >>
This Chicken's (2) set chicks came free.........Im keeping 1 chick for many many years till she turns into a mighty Hen. I might sell 1 chick of she is weak in the Hen House..........
Eric
<< <i>This forum is loaded with Chicken Littles. >>
Now that is better than a cup of strong coffee. I nearly spit mine out.
``https://ebay.us/m/KxolR5
You Guy's are killin me
Camelot
Now, we can't get on TV and sell coins to the masses, but it made me feel great to know that someone out there who is watched by many people interested in coins is bringing publicity to these particular coins.
Like someone else wrote, now may be the time to buy.
<< <i>If it will make anybody feel better, I caught "Coin Vault" over night and they devoted an entire segment to pushing the "burnished" gold and platinum from 2006. They spent a good long time hyping the 2006 Unc plats and promising to raise prices (which are already exhorbitant) on these coins in May. Now, we can't get on TV and sell coins to the masses, but it made me feel great to know that someone out there who is watched by many people interested in coins is bringing publicity to these particular coins. Like someone else wrote, now may be the time to buy. >>
That explains why I got several questions on my ebay auctions over the weekend asking what "burnished blank" means. --Jerry
The typical behavior for modern Mega coins is spike hard sometime in the first year, give up about 25-35 percent off the high sometime in the first three years and then turn up and never look back. Guys in the out years these coins have a good chance of being strong beyond anything we have seen in our lifetimes. I can't even find any good reference points under $7000 each.
I hope the flippers keep dumping because it allows those who want to collect and hold long term to pick them up. We must go through this process.
If I told you the mint will issue a 2750 mintage type coin this year for twice melt all the flippers would be jumping all over them. But because they already hold them they feal the need to unload so they can jump on the 07s. Got to love it. If you look back over the last 20 years and way over 200 issues only about 25 coins are worth having. So what are the odds that 07 will produce a great coin? Answer only one year out of 4 has produced a killer.
I like 100 year design rare coins at about twice melt over 1 in four odds. Way too many people are looking at sales rates this year............
ericj96
<< <i>Anyone know just what the "appreciation curve" of the famous 1996 (?) silver/eagle gold 10th anniversary set was? Did it have a "latency period" for a few years, or did it skyrocket as soon as the Mint stopped selling it? >>
It was slow to catch on. In the issue year, when sets with or without the dollar were available for the same price, some people took the set without the dollar just because the color of the case matched their earlier sets.
TD
ericj96
I predicted the Plats would drop for a while. Wait until the next buzz when the reverse proof Plats begin to sell. The rising tide will lift this boat as well. It will be interesting to watch.
<< <i>Last auctions were $ 2300 for MS69 and $ 3926 for MS70... For the One (1) Ounce >>
The One Ounce ($100) W-Unc PCGS-69 Plat I was watching sold for only $2199 last week.
<< <i> ...
I predicted the Plats would drop for a while. Wait until the next buzz when the reverse proof Plats begin to sell. The rising tide will lift this boat as well. It will be interesting to watch. >>
If the Mint decides to sell only 3,000 Reverse Proof Plats, all eyes will be off the 2006-W Unc for awhile. On the contrary, I don't know what to predict.
1995W SAE Proof - In 1996 sales for the 1995W Silver Eagle in grade PF69 averaged $906 for the year (that's your initial spike). During the next two years sales for the Eagle had dipped to an average of $691 (in 1998). On year number 5 (2000) the Eagle began a steep decline and has never gone back down. 2000 sales averaged $1,540. 2001 sales averaged $2,501. For the next two years (2002 and 2003) sales pull back a little down to $2,300 just to sky rocket to $2,700 the following year. The rest is history!
1999W $5 Gold - The 1999W $5 Eagle struck with Unfinished dies has a similar story. A year after the discovery the coin averaged $485 (year 2001). By year 2003 the coin had dipped to an average of $305 per sale. By 2006 the average was $695 in MS69.
2004W $50 PF69 Platinum Eagle Proof - As we all know, sales of the 2004 $50 Platinum Eagle have been steadily spiraling down for the last 6 to 7 months. In part we could credit that to the mint's lack of diligence to post accurate figures for the 2005 Proof Egales that caused a lot of confusion among speculators and collectors. Another good reason for the downward sales is supply and demmand, let's face it: the first people to get to a good opportunity always buy extras and dry up the market.
The fact that the 2006W Plats are loosing steam is very normal. You have dealers selling these things week after week non-stop. Most of us have already bought plenty and some of us still want more. In reality, it will take a while for them to find their way around; but, the market is over flooded right now presenting us with a great opportunity to pick up a few samples we might be short of.
Neo
If you only could see the Future
/ed
The Maddy Rae Collection
CURRENT BST OFFERINGS
<< <i>This is the time to buy. >>
This is entertaining. We'll just have to all wait and see.
Self Indulgence | Holey Coins | Flickr Photostream
<< <i>1995W SAE Proof - In 1996 sales for the 1995W Silver Eagle in grade PF69 averaged $906 for the year (that's your initial spike). During the next two years sales for the Eagle had dipped to an average of $691 (in 1998). On year number 5 (2000) the Eagle began a steep decline and has never gone back down............. >>
Did you mean rise or climb instead of decline?
Box of 20
Ericj
Deepcoin.....agreed, the keys are the ticket and the 10th ann. set will bring in a bunch of new collectors that can afford to lay down 3 grand. The back dated keys will spike more than likely as a result.
<< <i>This is the time to buy. >>
$1,999 with 1 hour to go, if anyone's interested.
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
<< <i>Buying opportunity? >>
I think so
<< <i>dthig, I love the change in Moniker. I look foward to you posting more often! >>
I quit posting on the coin forum reguarly over a year ago when I stopped adding to my 'real' collection.
Self Indulgence | Holey Coins | Flickr Photostream
The availabilty of this coin should be short lived.
Your help please.
Gabe
<< <i>What should I pay for 2006-W PCGS MS-69 First Strike and one raw?
Your help please.
Gabe >>
I'm assuming you mean a 1oz, $100 coin, correct?
From what I can see on eBay, the MS69s are going for about $2,300 - $2,400
Raw, I don't know. But, you could also check eBay for closing prices.
Gabe
Box of 20
The boxed coin in original packaging is jumping around between $550.00 and $690.00, but trading data is thin.
The PCGS MS-69 is between $600.00 and $700.00, but again - data is thin. I don't track first strikes, so I don't know if the MS-69 coins were first strike or not.
The prices have been drifting gently lower, so now might be a good time to fill in some holes.
I knew it would happen.
If there's a buying opportunity, this is certainly one!
Too bad I'm tapped out.
Plat Link
<< <i>Latest eBay auction for 2006-W $100 APE Unc. MS70 FS...
Plat Link >>
Winning bid: US $3,775.00
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Ended: May-24-07 18:11:06 PDT
If that's the bottom, watch out !
``https://ebay.us/m/KxolR5
LINKY