<< <i>There has been significant demand from wholesalers and marketers for the 2012 Proof Gold Eagles that I have seen so far. I have 1 set in hand and a bunch on order that I am hoping gets filled by the mint, but I won't know for a while. That said, if anyone has any information on people holding a number of these sets, I would be interested in knowing where I could get my greasy hands on a few.
And I have MANY MANY references
Whoever brought up the 2012w $50 gold eagles is dead on. That coins long term potential I believe is moon money. I ordered and have none of those and still am kicking myself for missing that one!!! Mitch --- I was wrong on those buddy!!!
I do appreciate the discussions we have on this forum and want every to know that my statements are made in good fun and humor!!! >>
Of course, the '13 W $50 AGE Unc may come in lower still.
I thought that the 11 W would not be beat. I'm glad that I took the chance and bought a couple of MS70FS '12Ws right out of the gate.
I re-read some of the earlier posts in the past few months. Although there were no big winners like in 2008 and with the huge number of mint issues, there seems to be some (not necessarily in other of potential).
Potential Winners? 1. 2012-W $50 AGE Burnished (low mintage) 2. 2012-S Quarter bags and rolls (first S-mint circulating in a while) 3. 2012-W Star Spangled Banner $5 mint state (3rd lowest $5 gold commemorative) 4. 2012-W Buffalo Proof (low mintage) 5. 2012-W Platinum Proof PR70 (low population) 6. 2012-W 4pc AGE Proof Set (low sales compared to prior years)
Still Unknown? 1. 2012-W First Spouses (which of four issues?) 2. ???
2012-P five-ounce silver quarters. Hawai'i sold out a few weeks ago at under 15K mintage, now bringing around $600 each on eBay. The others are still available from the Mint at $229, although Acadia just went to backorder status.
What's next to sell out? This is very interesting, and unusual to watch a combustible sellout occur somewhat predictably.
Refs: MCM,Fivecents,Julio,Robman,Endzone,Coiny,Agentjim007,Musky1011,holeinone1972,Tdec1000,Type2,bumanchu, Metalsman,Wondercoin,Pitboss,Tomohawk,carew4me,segoja,thebigeng,jlc_coin,mbogoman,sportsmod,dragon,tychojoe,Schmitz7,claychaser,and many OTHERS
Denali-P 5 Oz is in backordered status now too -- won't last long. New thread started in honor, if interested.
Refs: MCM,Fivecents,Julio,Robman,Endzone,Coiny,Agentjim007,Musky1011,holeinone1972,Tdec1000,Type2,bumanchu, Metalsman,Wondercoin,Pitboss,Tomohawk,carew4me,segoja,thebigeng,jlc_coin,mbogoman,sportsmod,dragon,tychojoe,Schmitz7,claychaser,and many OTHERS
The 2012-W Proof Platinum Eagle already has a higher mintage than the 2001, 2003, 2004, 2005, 2007, 2008, and 2009 coins. On the other hand, the recent issues seem to enjoy more popularity, and I'm not entirely sure why.
Q: Are You Printing Money? Bernanke: Not Literally
<< <i>Who is going to be buying the 5 Star General coins? Thoughts on potential? >>
Well seeing as how the army and moh coins as well as the ssb coins are "not" living up to their potential, I'd say that the general coins will fall by the wayside. Sometimes it's not about the low mintage but about the demand for the design.
Beer is Proof that God loves us and wants us to be happy -Benjamin Franklin-
Sometimes it's not about the low mintage but about the demand for the design.
Yes, there is a major design difference between Alice Paul and the UHR for instance.
Still, design isn't everything in terms of demand. Some of the nicest designs in Proof Platinum haven't stimulated fast sellouts at the nominal mintage levels, even in the absence of the fractionals and regular uncirculated issues.
The drop in mintages for even the Proof AGEs tells me that the discretionary spending money is running out. This makes for low mintages as well.
Q: Are You Printing Money? Bernanke: Not Literally
According to this article, there's a strong possibility that the actual mintage of the Lucretia Garfield unc. First Spouse coin is only about 2,167.
If so, this would be the lowest minage U.S. coin in nearly 100 years, eclipsing the Lucy Hayes and all the 2006-2008 plats.
With the more modern and popular presidents and first ladies coming up, I think there's a good chance that we have seen the mintage low point for the First Spouse series.
<< <i>According to this article, there's a strong possibility that the actual mintage of the Lucretia Garfield unc. First Spouse coin is only about 2,167.
If so, this would be the lowest minage U.S. coin in nearly 100 years, eclipsing the Lucy Hayes and all the 2006-2008 plats.
With the more modern and popular presidents and first ladies coming up, I think there's a good chance that we have seen the mintage low point for the First Spouse series. >>
What is the mintage of Lucy Hayes Unc? I thought that Hayes was the lowest mintage to date.
When Lucy Hayes unexpectedly sold out at around 2260, there were a flood of orders (about 525) during the next few days for the Lucretia Garfield. Collectors and speculators figured (correctly) that the mintage for Lucretia would be about the same as the mintage for Lucy. The 2498 reported sales for Lucretia included 288 orders (according to the article) that could not be filled due to inventory depletion, and were subsequently canceled. This drove the net mintage figure for Lucretia below the reported number for Lucy.
There were probably some Lucy orders canceled by the Mint also, but not nearly as many, since there was no comparable last-minute flood of orders during the final week of sales.
<< <i>Thanks for the info! Most ebay sellers are advertising the Hayes as the "low mintage key" of the series.
Sounds like Garfield is likely the lower of the two but this is not certain. Correct? >>
I think it's likely that Lucretia Garfield will edge out Lucy Hayes by 50 to 75 coins. Chances are good that we'll know the official mintage by the end of this year.
Regardless, ~2200 is an insanely low mintage for a modern U.S. gold coin.
I was thinking about picking one up. Given how close they are and that the key is not certain I'll wait. Very interesting. The bottom for the Spouses??
<< <i>The 2012-W Proof Platinum Eagle already has a higher mintage than the 2001, 2003, 2004, 2005, 2007, 2008, and 2009 coins. On the other hand, the recent issues seem to enjoy more popularity, and I'm not entirely sure why. >>
There's no fractional versions of the 2012 coins, though. If you collect by design, the one ounce is your only choice.
Wow, I can't imagine collecting one ounce proof platinum coins. Deep pockets.
"I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.
How many coin collectors can overcome their ocd in order to collect by design by mixing denominations within a series? I don't think that I could do it.
Q: Are You Printing Money? Bernanke: Not Literally
I understand the attraction of a low mintage modern coin but will the gold spouse series really command a demand across the coin community in the coming years? Maybe a 100 years from now but I just don't see it being a must have set. Same with the Plats...
<< <i>I understand the attraction of a low mintage modern coin but will the gold spouse series really command a demand across the coin community in the coming years? Maybe a 100 years from now but I just don't see it being a must have set. Same with the Plats... >>
Like many things they are often not appreciated in their day but i think the low mintage numbers will always get some attention of collectors. The problem for flippers right now is that you never know if a future coin will be the new champion low mintage queen and that keeps current valuations in check. The other problem is that gold is in the doldrums and I suspect that many are concerned that the value will retrace a bit as economies get better. Who really knows for sure though.
Gold and silver are valuable but wisdom is priceless.
<< <i>How many coin collectors can overcome their ocd in order to collect by design by mixing denominations within a series? I don't think that I could do it. >>
I couldn't! I was collecting proof platinum $50 coins, then gave up after they stopped making them and sold off the three I had.
"I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.
There once was a time when Platinum Eagles were my US Mint favorite obsession. Now I could care less. Franklin Mint junk from the 70's and current Platinum Proof Bullion is on the same level, in my eyes.
Although I am somewhat of a "slave" to Mint issues, the Spouse series finally broke my back as did the continuing barrage of commems, gold eagles, gold buffs (OK I like the fractionals), different finishes, contrived mintmark combos, etc. just became overwhelming.
More Spouse issues? Be real, these suck. Generals commemoratives? Be serious....Ugghhh.
I do not think its just me, and portends for - who will care - lower Spouse numbers dependent on flippers and telemarketers (IMO larger scale ripoff flippers)...
This is not a hater post, as to each their own....I would buy buff fractionals if they are offered this year, and STILL get the proof silver set and mint sets for some God-unknown reason.
Love that Milled British (1830-1960) Well, just Love coins, period.
Careful on that partner - I might even take you up on that if you are talking prices like some of the Caribbean later date NCLTs - 1982-1984 - EG 1984 Barbados proof going for 3x issue price one example. Or some of the unc gold like 1982-1984 Belize 100 D at 5-6x bullion or more.
Love that Milled British (1830-1960) Well, just Love coins, period.
Finding this thread with the search engine is always a frustrating experience, BUT I'm wondering why it's so quiet lately? I was contemplating buying the Alice Paul First Spouse before I saw what a grimace she was wearing. Seemed she had more of a smile in the original sketch. Poor gal. I do think this coin is more interesting for historical reasons than other recent spouses.
Also, anyone heard any news on any special buff releases this year? I want my MTV--I mean, buffaloes!
<< BUT I'm wondering why it's so quiet lately?>> Well, with the highly anticipated release of the 5-Star Generals series it's no wonder to me that it's so quiet around here. In fact there's really been nothing noteworthy for the last couple of years with the exception of the '11-W and '12-W $50 AGE and the 25th Anniversary SAE set. What we really need is something exciting like the '09 UHR to kick start excitement back into modern collecting again. If they ever do a Buffalo release I'm all in but all we seem to be able to do is sit and watch what happens. It's kinda frustrating.
Beer is Proof that God loves us and wants us to be happy -Benjamin Franklin-
<< <i><< BUT I'm wondering why it's so quiet lately?>> Well, with the highly anticipated release of the 5-Star Generals series it's no wonder to me that it's so quiet around here. In fact there's really been nothing noteworthy for the last couple of years with the exception of the '11-W and '12-W $50 AGE and the 25th Anniversary SAE set. What we really need is something exciting like the '09 UHR to kick start excitement back into modern collecting again. If they ever do a Buffalo release I'm all in but all we seem to be able to do is sit and watch what happens. It's kinda frustrating. >>
Yes, after the Generals, what else is there to look forward to?
<< <i><< BUT I'm wondering why it's so quiet lately?>> Well, with the highly anticipated release of the 5-Star Generals series it's no wonder to me that it's so quiet around here. In fact there's really been nothing noteworthy for the last couple of years with the exception of the '11-W and '12-W $50 AGE and the 25th Anniversary SAE set. What we really need is something exciting like the '09 UHR to kick start excitement back into modern collecting again. If they ever do a Buffalo release I'm all in but all we seem to be able to do is sit and watch what happens. It's kinda frustrating. >>
Yes, after the Generals, what else is there to look forward to? >>
Early numbers for the Generals look dismal.. or great, depending if you're the mint or a flipper.
Something like 2,350 $5 UNC SSBs sold opening week last year. The 5 Star General $5 Uncs just reported a one week opening total of 1,674.
"I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.
<< <i><< Yes, after the Generals, what else is there to look forward to? >>
Five more of the ever-popular first spouses, of course! >>
The 2012 spouses were not available until REALLY late in 2012, so basically we have not four but *nine* spouses this year. Or eighteen, with both options.
I'd love to see a sub-3,000 proof spouse of any kind. It'd be a new key for the proofs.
"I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.
<<I'd love to see a sub-3,000 proof spouse of any kind. It'd be a new key for the proofs. >>
I don't think it's going to happen. Proofs tend to be bought by collectors and avoided by flippers, IMO. So the 3500+ mintage of each recent First Spouse proof likely represents actual collector demand for these coins. The uncs. have less collector demand, and are more in the domain of speculators.
Once the series is complete, I expect that most new collectors of First Spouse coins will prefer the proofs, as they are generally more attractive than their uncirculated counterparts.
Comments
<< <i>There has been significant demand from wholesalers and marketers for the 2012 Proof Gold Eagles that I have seen so far. I have 1 set in hand and a bunch on order that I am hoping gets filled by the mint, but I won't know for a while. That said, if anyone has any information on people holding a number of these sets, I would be interested in knowing where I could get my greasy hands on a few.
And I have MANY MANY references
Whoever brought up the 2012w $50 gold eagles is dead on. That coins long term potential I believe is moon money. I ordered and have none of those and still am kicking myself for missing that one!!! Mitch --- I was wrong on those buddy!!!
I do appreciate the discussions we have on this forum and want every to know that my statements are made in good fun and humor!!! >>
Of course, the '13 W $50 AGE Unc may come in lower still.
I thought that the 11 W would not be beat. I'm glad that I took the chance and bought a couple of MS70FS '12Ws right out of the gate.
Potential Winners?
1. 2012-W $50 AGE Burnished (low mintage)
2. 2012-S Quarter bags and rolls (first S-mint circulating in a while)
3. 2012-W Star Spangled Banner $5 mint state (3rd lowest $5 gold commemorative)
4. 2012-W Buffalo Proof (low mintage)
5. 2012-W Platinum Proof PR70 (low population)
6. 2012-W 4pc AGE Proof Set (low sales compared to prior years)
Still Unknown?
1. 2012-W First Spouses (which of four issues?)
2. ???
Any others that I missed?
5. 2012-W Platinum Proof PR70 (low population)
I would call these big winners already.
Some of the ones you mentioned do have potential in my opinion.
I knew it would happen.
2012-P five-ounce silver quarters. Hawai'i sold out a few weeks ago at under 15K mintage, now bringing around $600 each on eBay. The others are still available from the Mint at $229, although Acadia just went to backorder status.
My Adolph A. Weinman signature
Sold out now.
I knew it would happen.
What's next to sell out? This is very interesting, and unusual to watch a combustible sellout occur somewhat predictably.
"Product will be available for shipping 03/16/2013."
I s it a buy?
<< <i>Does anyone have any idea what the mint sales of the 2012 platinum proof are?
I s it a buy? >>
From March7 here
2012 Proof Platinum Eagle
Old Sales 8,839 Latest Sales 8,876 Gain/Loss 37 %Increase 0.42%
I knew it would happen.
<< <i>Who is going to be buying the 5 Star General coins? Thoughts on potential? >>
Well seeing as how the army and moh coins as well as the ssb coins are "not" living up to their potential, I'd say that the general coins will fall by the wayside. Sometimes it's not about the low mintage but about the demand for the design.
Look at UHR............100,000 mintage sells at premium
Many Platinum and FS coins with mintages below 10K that languish.
Many things go into mix to produce final demand but in the end demand trumps all.
Low mintage can languish.
Demand commands.
Cue the melting pot!
My Adolph A. Weinman signature
Yes, there is a major design difference between Alice Paul and the UHR for instance.
Still, design isn't everything in terms of demand. Some of the nicest designs in Proof Platinum haven't stimulated fast sellouts at the nominal mintage levels, even in the absence of the fractionals and regular uncirculated issues.
The drop in mintages for even the Proof AGEs tells me that the discretionary spending money is running out. This makes for low mintages as well.
I knew it would happen.
<< <i>The uncirculated Alice Paul First (non)Spouse mintage, at 2322, has now passed the Lucy Hayes at 2260.
Cue the melting pot!
I doubt you would see many of those in a melting pot when the premium from the Mint is so high. Only the desperate would sell at melt.
If so, this would be the lowest minage U.S. coin in nearly 100 years, eclipsing the Lucy Hayes and all the 2006-2008 plats.
With the more modern and popular presidents and first ladies coming up, I think there's a good chance that we have seen the mintage low point for the First Spouse series.
My Adolph A. Weinman signature
Wondercoin
Well, just Love coins, period.
<< <i>According to this article, there's a strong possibility that the actual mintage of the Lucretia Garfield unc. First Spouse coin is only about 2,167.
If so, this would be the lowest minage U.S. coin in nearly 100 years, eclipsing the Lucy Hayes and all the 2006-2008 plats.
With the more modern and popular presidents and first ladies coming up, I think there's a good chance that we have seen the mintage low point for the First Spouse series. >>
What is the mintage of Lucy Hayes Unc? I thought that Hayes was the lowest mintage to date.
There were probably some Lucy orders canceled by the Mint also, but not nearly as many, since there was no comparable last-minute flood of orders during the final week of sales.
My Adolph A. Weinman signature
Sounds like Garfield is likely the lower of the two but this is not certain. Correct?
That article was written in November. Has there been any update?
I knew it would happen.
<< <i>Thanks for the info! Most ebay sellers are advertising the Hayes as the "low mintage key" of the series.
Sounds like Garfield is likely the lower of the two but this is not certain. Correct? >>
I think it's likely that Lucretia Garfield will edge out Lucy Hayes by 50 to 75 coins. Chances are good that we'll know the official mintage by the end of this year.
Regardless, ~2200 is an insanely low mintage for a modern U.S. gold coin.
My Adolph A. Weinman signature
I was thinking about picking one up. Given how close they are and that the key is not certain I'll wait. Very interesting. The bottom for the Spouses??
<< <i>The 2012-W Proof Platinum Eagle already has a higher mintage than the 2001, 2003, 2004, 2005, 2007, 2008, and 2009 coins. On the other hand, the recent issues seem to enjoy more popularity, and I'm not entirely sure why. >>
There's no fractional versions of the 2012 coins, though. If you collect by design, the one ounce is your only choice.
Wow, I can't imagine collecting one ounce proof platinum coins. Deep pockets.
I knew it would happen.
<< <i>I understand the attraction of a low mintage modern coin but will the gold spouse series really command a demand across the coin community in the coming years? Maybe a 100 years from now but I just don't see it being a must have set. Same with the Plats... >>
Like many things they are often not appreciated in their day but i think the low mintage numbers will always get some attention of collectors. The problem for flippers right now is that you never know if a future coin will be the new champion low mintage queen and that keeps current valuations in check. The other problem is that gold is in the doldrums and I suspect that many are concerned that the value will retrace a bit as economies get better. Who really knows for sure though.
<< <i>How many coin collectors can overcome their ocd in order to collect by design by mixing denominations within a series? I don't think that I could do it.
I couldn't!
There once was a time when Platinum Eagles were my US Mint favorite obsession. Now I could care less. Franklin Mint junk from the 70's and current Platinum Proof Bullion is on the same level, in my eyes.
More Spouse issues? Be real, these suck. Generals commemoratives? Be serious....Ugghhh.
I do not think its just me, and portends for - who will care - lower Spouse numbers dependent on flippers and telemarketers (IMO larger scale ripoff flippers)...
This is not a hater post, as to each their own....I would buy buff fractionals if they are offered this year, and STILL get the proof silver set and mint sets for some God-unknown reason.
Well, just Love coins, period.
<< <i>Franklin Mint junk from the 70's and current Platinum Proof Bullion is on the same level, in my eyes >>
I dont know if i'd go that far. A little bit harsh - wouldnt you say?
Maybe Gold Spouses would be the proper "apples to apples" comparison
Let me know if you have of your Plat collection left, and I'd be glad to take it off your hands at Franklin Mint-type premiums plus a percent or two.
I knew it would happen.
Well, just Love coins, period.
Also, anyone heard any news on any special buff releases this year? I want my MTV--I mean, buffaloes!
<< <i><< BUT I'm wondering why it's so quiet lately?>> Well, with the highly anticipated release of the 5-Star Generals series it's no wonder to me that it's so quiet around here. In fact there's really been nothing noteworthy for the last couple of years with the exception of the '11-W and '12-W $50 AGE and the 25th Anniversary SAE set. What we really need is something exciting like the '09 UHR to kick start excitement back into modern collecting again. If they ever do a Buffalo release I'm all in but all we seem to be able to do is sit and watch what happens. It's kinda frustrating. >>
Yes, after the Generals, what else is there to look forward to?
<< <i>
<< <i><< BUT I'm wondering why it's so quiet lately?>> Well, with the highly anticipated release of the 5-Star Generals series it's no wonder to me that it's so quiet around here. In fact there's really been nothing noteworthy for the last couple of years with the exception of the '11-W and '12-W $50 AGE and the 25th Anniversary SAE set. What we really need is something exciting like the '09 UHR to kick start excitement back into modern collecting again. If they ever do a Buffalo release I'm all in but all we seem to be able to do is sit and watch what happens. It's kinda frustrating. >>
Yes, after the Generals, what else is there to look forward to? >>
Early numbers for the Generals look dismal.. or great, depending if you're the mint or a flipper.
Something like 2,350 $5 UNC SSBs sold opening week last year.
The 5 Star General $5 Uncs just reported a one week opening total of 1,674.
Five more of the ever-popular first spouses, of course!
My Adolph A. Weinman signature
<< <i><< Yes, after the Generals, what else is there to look forward to? >>
Five more of the ever-popular first spouses, of course!
The 2012 spouses were not available until REALLY late in 2012, so basically we have not four but *nine* spouses this year. Or eighteen, with both options.
I'd love to see a sub-3,000 proof spouse of any kind. It'd be a new key for the proofs.
I don't think it's going to happen. Proofs tend to be bought by collectors and avoided by flippers, IMO. So the 3500+ mintage of each recent First Spouse proof likely represents actual collector demand for these coins. The uncs. have less collector demand, and are more in the domain of speculators.
Once the series is complete, I expect that most new collectors of First Spouse coins will prefer the proofs, as they are generally more attractive than their uncirculated counterparts.
My Adolph A. Weinman signature
