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  • 2manycoins2fewfunds2manycoins2fewfunds Posts: 3,036 ✭✭✭
    I assume you are joking as most proof AGEs are not rare.
  • mikeygmikeyg Posts: 1,002


    << <i>I assume you are joking as most proof AGEs are not rare. >>





    He isnt joking my friend.If you scan coinage or coin world you will see the ads from a big company that sounds like MGMimage who is trying to buy your pf GAE s for 1700.00 an ounce.lSo when I go to buy these coins I will be paying at least 2k or more for them.
  • OverdateOverdate Posts: 7,007 ✭✭✭✭✭
    As far as actual rarity goes, I *was* joking. The 1986-W proof one-ounce Gold Eagle alone has a mintage of over 400,000. The high prices have nothing to do with rarity. I hear that many of these gold proofs are being placed by non-collectors in Individual Retirement Accounts, for reasons that elude me.

    My Adolph A. Weinman signature :)

  • nycounselnycounsel Posts: 1,229 ✭✭
    Very cool, glad that Eric's book is finally available! The cover and images look great! It's exciting to have witnessed the birth of a new published coin book author. congratulations Eric! Eric's Book on Amazon

    imageimageimageimageimageimageimageimageimageimageimageimageimageimageimageimageimageimageimageimage
    imageimageimageimageimageimageimageimageimageimageimageimageimage
    imageimageimageimageimageimageimageimageimageimageimageimageimageimageimage
    Dan
  • I was going to read his book, but now I am blind.
  • GritsManGritsMan Posts: 2,599 ✭✭✭


    << <i>I was going to read his book, but now I am blind. >>




    image
    Winner of the Coveted Devil Award June 8th, 2010
  • RaufusRaufus Posts: 6,805 ✭✭✭✭✭


    << <i>As far as actual rarity goes, I *was* joking. The 1986-W proof one-ounce Gold Eagle alone has a mintage of over 400,000. The high prices have nothing to do with rarity. I hear that many of these gold proofs are being placed by non-collectors in Individual Retirement Accounts, for reasons that elude me. >>



    Why AGE Proofs and not Buffs, AGE Uncs or AGE business strikes?? Why the proofs??
    Land of the Free because of the Brave!
  • RaufusRaufus Posts: 6,805 ✭✭✭✭✭
    Are the "final" Julia Unc. sales numbers out yet (i.e., post 7 d return period)?
    Land of the Free because of the Brave!
  • jmski52jmski52 Posts: 22,824 ✭✭✭✭✭
    He isnt joking my friend.If you scan coinage or coin world you will see the ads from a big company that sounds like MGM who is trying to buy your pf GAE s for 1700.00 an ounce.lSo when I go to buy these coins I will be paying at least 2k or more for them.

    Be that as it may, there are two trends that will be fun to watch.

    The first trend will occur when those folks who paid $2,000+ for Proof Gold Eagles because of a rising gold price become more interested in Modern Bullion and start buying reference books, like Eric's book for instance.

    The second trend will happen when people who find Eric's book start doing their research and noting that there are some bona fide rarities in Moderns and that some of them have already jumped in price by impressive percentages from the time that they were issued.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • mbogomanmbogoman Posts: 5,182 ✭✭✭✭✭
    I just checked my order status for Eric's book on Amazon and it shows "not available until July 26th". I ordered it a couple months ago... image
  • I agree.
  • RaufusRaufus Posts: 6,805 ✭✭✭✭✭
    Just as the 08 W buffs seem be continuing their pullback a bit, did you all catch the raw '08 W Plat Proof set which just sold for $6K!!!!? Is this an Ebay record for a raw plat '08 w plat proof set?

    http://cgi.ebay.com/2008-W-4-Coin-set-Platinum-Eagle-Proof-Coins-/160448157355?cmd=ViewItem&pt=LH_DefaultDomain_0&hash=item255b7496ab
    Land of the Free because of the Brave!
  • Here is another 4 coin 2008-W Platinum Proof set that closes in 3 days............

    http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=140419368631&ssPageName=STRK:MEWAX:IT


  • << <i>Are the "final" Julia Unc. sales numbers out yet (i.e., post 7 d return period)? >>




    You will have that number in about 5-6 months.

    Eric



    Dan,

    Thanks for the comments but good for us all. WE NEEDED A MODERNS TEXT WRITTEN BY SOMEONE THAT KNOWS SOMETHING ABOUT MODERNS WITH GOOD MINTAGE TABLES.... WE HAVE OUR BOOK.

    Eric
  • It looks like the Coin Update News sales report came out today.
  • fivecentsfivecents Posts: 11,207 ✭✭✭✭✭
    Wowsers!!!!!
    I posted your links boardmember 2manycoins2fewfunds. Thanks for keeping up with these auction prices. Game is about to be seriously on with these 2008-W $10 AGEs.



    << <i>I think these recent Ebay sales are records for the $10 gold 2008-W eagle............. >>


    Raw $1,400 link

    MS70 $1,550 link
  • pmacpmac Posts: 3,189 ✭✭✭
    How much could I expect for a 2007 raw proof ASE set?
    Paul
  • MilesWaitsMilesWaits Posts: 5,349 ✭✭✭✭✭


    << <i>Here is another 4 coin 2008-W Platinum Proof set that closes in 3 days............

    http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=140419368631&ssPageName=STRK:MEWAX:IT >>



    Good set to WATCH as you have noted, as it is an auction and from one of our memebers, I believe!

    Miles
    Now riding the swell in PM's and surf.
  • 2manycoins2fewfunds2manycoins2fewfunds Posts: 3,036 ✭✭✭


    << <i>Wowsers!!!!!
    I posted your links boardmember 2manycoins2fewfunds. Thanks for keeping up with these auction prices. Game is about to be seriously on with these 2008-W $10 AGEs.



    << <i>I think these recent Ebay sales are records for the $10 gold 2008-W eagle............. >>


    Raw $1,400 link

    MS70 $1,550 link >>


    ....................................................................................................................................

    Now one thing on that Raw 1/4 unc AGE for $1,400..........it sold on a BIN at same time there was another BIN for $1,250 that didn't sell.

    Go figure................
  • OverdateOverdate Posts: 7,007 ✭✭✭✭✭


    << <i>It looks like the Coin Update News sales report came out today. >>


    The Sarah Polk uncirculated First Spouse has already overtaken the Julia Tyler, and the proof is about to do the same. People are now paying closer attention to the series. The Julia could wind up as the all-time low mintage First Spouse.

    It appears that final sales of the 2009 Mint Set will be less than 800,000. I think this will make the eight 2009 P and D bronze cents long-term winners, since they are all limited-edition type coins and this set is the only way to obtain them. Compare them with the 1996-W dime, a single non-type coin with twice the mintage in a less popular series, that sells for over $10. The 2009 Mint Set cents are bargains by comparison IMO.

    My Adolph A. Weinman signature :)

  • RaufusRaufus Posts: 6,805 ✭✭✭✭✭


    << <i>I think these recent Ebay sales are records for the $10 gold 2008-W eagle.............

    Raw..........$1,400
    http://cgi.ebay.com/2008-W-Gold-Eagle-1-4-oz-10-UNC-Burnished-coin-OGP-COA-/190400114010?cmd=ViewItem&pt=LH_DefaultDomain_0&hash=item2c54bb2d5a

    PCGS MS70...........$1,550
    http://cgi.ebay.com/2008-W-Gold-Eagle-1-4-oz-UNC-PCGS-MS70-10-Burnished-/180512797173?cmd=ViewItem&pt=LH_DefaultDomain_0&hash=item2a0766b1f5 >>



    Not much premium for a PCGS 70.

    These were one of the best Forum buys for me ever. THANKS to those of you who saw the potential of this issue when I was not paying attention to it. Fortunately I've had the sense to keep all of the ones which I bought unlike the '08 buffs and plats.
    Land of the Free because of the Brave!
  • wondercoinwondercoin Posts: 16,906 ✭✭✭✭✭
    I heard today that Julia may not be all that it was "cracked out to be plus a bag of chips". Seems that someone may have placed a 250 coin order on the last day? Just rumor at this point until the US Mint confirms (or denies), but my source is often very good. If true, I believe the hunt may not be over yet for the lowest mintage Spouse. The plot thickens.

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • Lucretia Garfield or Lucy Hayes

    Is my Front Runners for the Queen of the Crown in this Mintage race.

  • Julia had a total gross sales of 3,140 less returns as posted previously. Lowest so far with Letitia rolling along close behind at roughly 3,197. And yes an order was placed for about 250 coins just before the close of sales for Julia. Someone knew that Julia was going to close early and tanked up. Got to love inside information.

    Eric
  • OverdateOverdate Posts: 7,007 ✭✭✭✭✭
    Any final sales info on the Julia and Letitia proofs?

    My Adolph A. Weinman signature :)

  • Weather11amWeather11am Posts: 2,043 ✭✭✭


    << <i>Julia had a total gross sales of 3,140 less returns as posted previously. Lowest so far with Letitia rolling along close behind at roughly 3,197. >>



    Eric, does that change your opinion on these?

  • I like good looking very low mintage Federal gold bought at less than twice melt .......period. Do you think J & L are good looking and low mintage? Are the Letitia and Julia (esp Julia) going to be good coins over time? Probably. Will the Julia and Letitia be better coins than the Liberty sub set members keys? I doubt it. Will they be better than some of the State Parks silver issues this year? I doubt it. Are all the coins just mentioned above average bets? Likely.

    Just MHO,

    Eric
  • DCWDCW Posts: 7,298 ✭✭✭✭✭
    The First Spouse coins are a highly unpopular series. Unattractive designs coupled with the outrageous price of gold almost force these to be low mintage "rarities," as some would say...
    But I have to ask, given all the hoopla about the mintage: Are there 3,000 collectors out there that actually want these? And if there are, why in the world do they not buy them directly from the mint at the already outrageous original issue price?
    Now, I understand the whole "nobody wants them until they can no longer have them" mentality. And I also understand that many valuable coins are "made" when they are short struck or selling ends abruptly. Just my opinion, but I see no future in these Spouse coins.
    There are plenty of low mintage classic coins that get no respect. Low mintage doesn't always translate into $$$.

    Dead Cat Waltz Exonumia
    "Coin collecting for outcasts..."

  • 2manycoins2fewfunds2manycoins2fewfunds Posts: 3,036 ✭✭✭


    << <i>The First Spouse coins are a highly unpopular series. Unattractive designs coupled with the outrageous price of gold almost force these to be low mintage "rarities," as some would say...
    But I have to ask, given all the hoopla about the mintage: Are there 3,000 collectors out there that actually want these? And if there are, why in the world do they not buy them directly from the mint at the already outrageous original issue price?
    Now, I understand the whole "nobody wants them until they can no longer have them" mentality. And I also understand that many valuable coins are "made" when they are short struck or selling ends abruptly. Just my opinion, but I see no future in these Spouse coins.
    There are plenty of low mintage classic coins that get no respect. Low mintage doesn't always translate into $$$. >>


    ..........................................................................................................................................................................................................
    Valid points.

    Personally I'd rather put $2,000-$3,000 into a unique PR69/70 1 oz gold 2006 Reverse Proof Eagle with a sub 10,000 mintage but a 20 year history of tens of thousands of gold eagle proof collectors or perhaps any of the 2008-W platinums rather than speculate that maybe, just maybe there will eventually be enough first spouse collectors to buy what for now may or may not be a low mintage first spouse coin that also happens to be available in 2 finishes. (essentially doubles available pops)

    Buy a MS and PR First Spouse pair for $1600-$2000 and wait several more years to see if I'm right on mintages and also right on demand??

    Personally I'll speculate elsewhere..............
    ............................................................................................................................................

    Edited to add.........

    I find it sobering to see a PCGS MS70 First Strike spouse coin selling for less than current mint issue price for First Spouse coins.

    Back out PCGS MS70 slabbing and FS label fees followed by Ebay/Paypal fees and all I can say is uggggh.

    http://cgi.ebay.com/2007-FIRST-SPOUSE-ABIGAIL-ADAMS-FIRST-STRIKE-GOLD-MS-70-/330430500980?cmd=ViewItem&pt=Coins_US_Individual&hash=item4cef315074
  • Check the completed items on eBay. I think there are more people collecting this series than everyone thinks. A group of people could easily corner the market with these low mintage coins.
    If you look at just the Gold-W issues from 2006 to 2008 there are just not that many coins to be had. A SERIOUS group of investers could easily take the Lions share and make the market. Just take the Julia Tyler Unc for instance, at a 3140 mintage figure it would take $ 2,405,240 to purchase everyone of them. Something a group of SERIOUS Market Makers could easily accomplish.
  • CoinMaster1229CoinMaster1229 Posts: 1,092 ✭✭
    First spouse Gold Coins are likely to be a never ending Series. once the known first ladies are gone, they will be adding one more every 4 to 5 years or so. mintages are likely to grow when more familiar first ladies are released. collectors will have a life time to put together a set!! these are going to be very popular down the road. JMO image
  • 92vette92vette Posts: 528 ✭✭✭
    The last minute surge of 250-coin buying of the J Tyler should really come as no surprise. The guy at 'mint news blog' who is very reliable tipped everyone off to this several days in advance when he stated definitively that the J tyler would go off sale in tandem w/ L Tyler.


  • << <i>

    << <i>The First Spouse coins are a highly unpopular series. Unattractive designs coupled with the outrageous price of gold almost force these to be low mintage "rarities," as some would say...
    But I have to ask, given all the hoopla about the mintage: Are there 3,000 collectors out there that actually want these? And if there are, why in the world do they not buy them directly from the mint at the already outrageous original issue price?
    Now, I understand the whole "nobody wants them until they can no longer have them" mentality. And I also understand that many valuable coins are "made" when they are short struck or selling ends abruptly. Just my opinion, but I see no future in these Spouse coins.
    There are plenty of low mintage classic coins that get no respect. Low mintage doesn't always translate into $$$. >>


    ..........................................................................................................................................................................................................
    Valid points.

    Personally I'd rather put $2,000-$3,000 into a unique PR69/70 1 oz gold 2006 Reverse Proof Eagle with a sub 10,000 mintage but a 20 year history of tens of thousands of gold eagle proof collectors or perhaps any of the 2008-W platinums rather than speculate that maybe, just maybe there will eventually be enough first spouse collectors to buy what for now may or may not be a low mintage first spouse coin that also happens to be available in 2 finishes. (essentially doubles available pops)

    Buy a MS and PR First Spouse pair for $1600-$2000 and wait several more years to see if I'm right on mintages and also right on demand??

    Personally I'll speculate elsewhere..............
    ............................................................................................................................................

    Edited to add.........

    I find it sobering to see a PCGS MS70 First Strike spouse coin selling for less than current mint issue price for First Spouse coins.

    Back out PCGS MS70 slabbing and FS label fees followed by Ebay/Paypal fees and all I can say is uggggh.

    http://cgi.ebay.com/2007-FIRST-SPOUSE-ABIGAIL-ADAMS-FIRST-STRIKE-GOLD-MS-70-/330430500980?cmd=ViewItem&pt=Coins_US_Individual&hash=item4cef315074 >>



    ABIGAIL ADAMS? Thats about like saying nobody wants to buy 1999 $50 mint state platinum eagles at much over melt so all platinum eagles must be trash. Granted there is plenty of trash in the First Hag series and they may trade for melt almost forever but we are not talking about those coins.

    The outstanding issues long term bahavior cant be accurately judged by the dogs.

    Eric
  • OverdateOverdate Posts: 7,007 ✭✭✭✭✭
    I would rather have a 5k mintage proof than a 3k mintage uncirculated First Spouse. Speculators probably bought a lot more uncs of the two Tylers than proofs. Those assembling collections likely bought more proofs than uncs, and the proofs are probably more widely distributed and in stronger hands. I expect future demand for the proofs to be much greater and prices for the proofs to be higher than for the uncs. This is already happening with the 2008-W platinum eagles.

    My Adolph A. Weinman signature :)

  • Weather11amWeather11am Posts: 2,043 ✭✭✭
    I disagree overdate, looking at Jackson and Van Buren, the uncirculated coins are worth far more than the proof and the relative difference in mintage between the two strikes are close to the same.
  • OverdateOverdate Posts: 7,007 ✭✭✭✭✭


    << <i>I disagree overdate, looking at Jackson and Van Buren, the uncirculated coins are worth far more than the proof and the relative difference in mintage between the two strikes are close to the same. >>


    Van Buren uncirculated $913 (ogp, true auction)

    Van Buren proof $988 (ogp, true auction)

    My Adolph A. Weinman signature :)

  • CoinMaster1229CoinMaster1229 Posts: 1,092 ✭✭


    << <i>The last minute surge of 250-coin buying of the J Tyler should really come as no surprise. The guy at 'mint news blog' who is very reliable tipped everyone off to this several days in advance when he stated definitively that the J tyler would go off sale in tandem w/ L Tyler. >>




    If this is true, Letitia & Julia uncs are near Equil in mintage. any chance Letitia can come lower after returns ect.
  • GritsManGritsMan Posts: 2,599 ✭✭✭


    << <i>I disagree overdate, looking at Jackson and Van Buren, the uncirculated coins are worth far more than the proof and the relative difference in mintage between the two strikes are close to the same. >>



    The problem is that the proofs are so much nicer looking. If I'm speculating, yeah, maybe I'm going for the uncs, but if I'm collecting just for my enjoyment, I'd go with the proofs.
    Winner of the Coveted Devil Award June 8th, 2010
  • Hi Eric -
    I just a few seconds ago received an email from the warehouse indicating that Modern Commemorative Coins was received. Not sure how long it takes them to check in the inventory, but I would think they should start shipping by Monday or Tuesday.

    Have a great weekend!

    Bonnie Tetzlaff
    Contracts Coordinator
    Krause Publications
    a division of F+W Media, Inc.



    We have moderns books!
  • pf70collectorpf70collector Posts: 6,643 ✭✭✭
    I just bought a First Strike PCGS Van Buren MS 70 for $1163, since I was not able to buy in 08 raw from the mint. Not much higher than that auction $912 raw.
  • GATGAT Posts: 3,146
    My advice is to forget the First Spouse coins. Take the opportunity to fill out your platinum sets for the long haul. I don't expect them to mature in my lifetime but hope someday my grandchildren will thank me.
    USAF vet 1951-59
  • RaufusRaufus Posts: 6,805 ✭✭✭✭✭


    << <i>Julia had a total gross sales of 3,140 less returns as posted previously. Lowest so far with Letitia rolling along close behind at roughly 3,197. And yes an order was placed for about 250 coins just before the close of sales for Julia. Someone knew that Julia was going to close early and tanked up. Got to love inside information.

    Eric >>



    What a bummer! W/o that inside info the Julia gross sales would have been 2890 - would have been cool for it to be in the 2K range.

    As to them "not being all that they're cracked up to be...." the 3140 would include the 250, correct still leaving Julia the lowest yet? What am I missing here?

    Thanks.
    Land of the Free because of the Brave!
  • RaufusRaufus Posts: 6,805 ✭✭✭✭✭


    << <i>I like good looking very low mintage Federal gold bought at less than twice melt .......period. Do you think J & L are good looking and low mintage? Are the Letitia and Julia (esp Julia) going to be good coins over time? Probably. Will the Julia and Letitia be better coins than the Liberty sub set members keys? I doubt it. Will they be better than some of the State Parks silver issues this year? I doubt it. Are all the coins just mentioned above average bets? Likely.

    Just MHO,

    Eric >>



    Eric-

    Which State Parks silver quarters specifically are you referring to? All of the 2010 issues or some in particular. Are you modeling this on the 1999 silver proof quarters? I'd think because everyone is aware of how well that they did, there will be a lot more of the 2010 proof sliver quarters sold than was the case in 99. Would appreciate your thoughts on this.

    Thanks, Ron
    Land of the Free because of the Brave!
  • fishcookerfishcooker Posts: 3,446 ✭✭
    The 5 ounce ones? Or the regular silvers?


  • << <i>My advice is to forget the First Spouse coins. Take the opportunity to fill out your platinum sets for the long haul. I don't expect them to mature in my lifetime but hope someday my grandchildren will thank me. >>



    I must have a Boderline Personality Disorder........I want to invest / collect / have fun , In MY Liftetime. And I think Eric's book will help me out well on my journey. The Platimum series only gains interest when Platinum is on the rise. Not very many people were interested (and are still not ) in these SUPER Low Mintage Platinum Eagles. If there was just a slight interest in this series it would be too expensive to collect. And most of the so called auctions are outrageous BIN's that very few Fool's fall for. Don't forget that these First Spouse Coins are still U.S Mint $10 Gold Commemoratives, and the fun for looking for the winning "Key" has just begun.

    This Message Board wouldn't be any fun if everyone collected the same things.
  • 7over87over8 Posts: 4,733 ✭✭✭
    As for the gold spouses, the Liberty subset could have some legs, especially if the last of the Liberty's is a sub 5,000 mintage coin.

    Otherwise, the set is far to big and spans several years - very few collectors of the complete series.......an therefore very shallow market for the keys. After all, who would want the keys - th fellow collecting the entire series.

    When people sit down and read Eric's book, they will realize what true rarity is when they turn the page to the MS Plat Eagles of the 2006-2008 series.

    Rare Rare Rare. Blow off all the hot air after my post that you can muster up.

    The series of changing reverse 06-08W MS Plats are a super rare series and have a bright future. ANY real attempt to accumulate a position in these will send prices skyrocketing.

    For all of you First Strike collectors - - - 30 sets......30 sets.......the amount of possible 08w MS70 FS Plat sets available....and therefore the amount of full run 06-08w ms70FS Plat sets available.

    Is that a low enough pop for you?





  • fivecentsfivecents Posts: 11,207 ✭✭✭✭✭


    << <i>Otherwise, the set is far to big and spans several years - very few collectors of the complete series.......an therefore very shallow market for the keys. After all, who would want the keys - th fellow collecting the entire series. >>

    Dye hard key date collectors love rarities regardless of series, denomination, finish, metal content, artistic value or theme. Dye hard key date collectors also like to hoard mutiples in the same coin. If the mintages dip low enough they will be sought out by the savey key date hoarders.
  • OverdateOverdate Posts: 7,007 ✭✭✭✭✭


    << <i>The series of changing reverse 06-08W MS Plats are a super rare series and have a bright future. ANY real attempt to accumulate a position in these will send prices skyrocketing.

    For all of you First Strike collectors - - - 30 sets......30 sets.......the amount of possible 08w MS70 FS Plat sets available....and therefore the amount of full run 06-08w ms70FS Plat sets available.

    Is that a low enough pop for you? >>


    Isn't that assuming that there aren't any early-postmarked unopened boxes still sitting around?

    My Adolph A. Weinman signature :)

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