<< <i>Trying to determine the most valuable 2008 bullion coin kinda reminds me of playing roulette...just freakin' cover every number with a few chips...and you're bound to hit something!!! >>
<< <i>Regarding to Inc plats, it looks like the half may be the real winner. It went "no longer available" at 1257, so allowing for overages probably only 1000 were minted...plus the 1250 in sets should make a new KING at 2250.
<< <i>Trying to determine the most valuable 2008 bullion coin kinda reminds me of playing roulette...just freakin' cover every number with a few chips...and you're bound to hit something!!! >>
You will also have some really nice coins! >>
Oh yeah, that!
Of course, that's the great thing about all of these. They're all beauties.
<< <i>Guys...you may not want to hold a lot of these coins unless you are truly a GAMBLER....Check this out 7over8....from http://mintnewsblog.blogspot.com/
Friday, November 21, 2008 2008-W Platinum Eagle Sales Figures
With the 2008-W Uncirculated Platinum Eagle 4 Coin Set recently sold out, we can now start to piece together rough numbers for some of the sold out individual coins.
Many collectors have been intensely focusing on these numbers. When the 2008-W Uncirculated Platinum Eagles first went back on sale the numbers were low enough to create the possibility of a new key date for the series.
Listed below are the sales figures for 2008-W Uncirculated and Proof Platinum Eagles. The most recently published Mint Stats from Numismaster contains sales data through November 16. Since the 4 Coin Set sold out a few days after that, the number may still increase slightly from these levels.
The first column displays the amount for the ordering option. The second column displays the total for each coin (individual sales plus 4 coin set sales). Coins which are sold out and no longer available from the US Mint are listed in bold.
2008-W Uncirculated Platinum Eagle Sales Figures
Individual Combined 1 oz. 669 2,834 1/2 oz. 1,061 3,226 1/4 oz. 2,027 4,192 1/10 oz. 2,504 4,669 4 Coin Set 2,165 N/A
2008 Proof Platinum Eagle Sales Figures
Individual Combined 1 oz. 1,865 3,736 1/2 oz. 927 2,798 1/4 oz. 1,157 3,028 1/10 oz. 2,528 4,399 4 Coin Set 1,871 N/A
The previous key date for the series are the 2006-W Uncirculated Platinum Eagles. For comparison, the mintages for each coin appear below. These amounts are not yet "official mintages" but represent the last release sales figures for that year.
As you can see, the sold out 2008-W coins all ended up ahead of the 2006-W numbers. However, with mintages below 5,000, the numbers are still quite low. The coins could see some appreciation as collectors seem to be finding a renewed interest in the series. Notably, the 2008-W 1 oz. coin is still below the mintage level of the 2006-W.
>>
Anyone have the final 2004 proof #s for comparison?
<< <i>Regarding to Inc plats, it looks like the half may be the real winner. It went "no longer available" at 1257, so allowing for overages probably only 1000 were minted...plus the 1250 in sets should make a new KING at 2250.
FloridaBill >>
The question is when, or whether for that matter, the Mint will revise the numbers to reflect actual sales/mintages vs. orders...
Are the 2008 Proof AGEs (not much talk about them to date) key contenders as well? >>
i would say yes as focus has been on plats and unc buffs and this might mean that less proof AGE`s sold...it may be a lower mintage for proof AGE`s. just me speculating though.
With all this talk about buffs, plats, and gold eagles, NO ONE has mentioned the rapidly dwindling supply of coin die sets!!! This could be the best year yet for them and they are going dark rapidly. I would divert all funds AWAY from gold and platinum and immediately snap these die sets up. We won't see them again in our lifetime!!!
Just like I stated a few days back, once returns started to flow in, "sales" numbers would start to retreat, and not be replaced since the USM took far too many orders in excess of available stock.
How does the system work - what do we know?
Take an order, it gets counted in the sales report. Dont have to have available stock.
Take 2000 orders when only 1000 coins exist - sales report says 2000 coins sold. 1000 coins are sent out. 500 come back. Sales report is now adjusted for 500 "returned" orders, sales report now says 1500 sold. 500 coins go out to 1000 waiting orders.
500 coins are returned again. Sales report is adjusted down to 1000 coins, 500 returned orders are marked "returned". The 500 new returns go out to the remaining 500 "excess orders that have been waiting weeks to be filled.
Sales report now states 1000 coins sold. No more excess orders. No more coins in inventory. No more coins get returned. Sales report now equals coins struck.
Get the picture?
The action you see beginning in the 1/4 unc and 1/10 unc will continue until those coins land at around 1000-1100 since issue coins for the 1/4 and 2000-2100 single issue coins for the 1/10.
The 1/2 is ALWAYS produced to the same extent as 1/4's, I wouldn't count on it being more than 100 coins different (either way) than the 1/4, depending on how many 1/4's are returned "damaged".
The 4 coin set went dark at 1257. IMO, no more than 1250 of those.
It's lookin like - IMO -
1 oz 1250 1/2 oz 1100 1/4 oz 1100 1/10 oz 2100 4 cn set 1250
One reason the mint may have taken a large number of orders for Unc-W Platinum beyond supplies on hand was a concern they were going to have a repeat of July/August when they were swamped with returns.
As this is offically last call for these coins they certainly didn't want to have any coins left in stock after all returns were handled. Thus the open order taking well past supplies on hand.
1 oz 1250 1/2 oz 1100 1/4 oz 1100 1/10 oz 2100 4 cn set 1250
all winners. >>
When was the last time the mint revised their numbers by 50%? You crack me up. You probably believe the gov't is going to confiscate your coins too.
All the '07s were melted during the platinum bubble and it's the real key. Search for '06s '07s and '08s on ebay and see witch has the least amt available.
15 results found for 2006 w platinum 14 results found for 2007 w platinum 32 results found for 2008 w platinum
1 oz 1250 1/2 oz 1100 1/4 oz 1100 1/10 oz 2100 4 cn set 1250
all winners. >>
When was the last time the mint revised their numbers by 50%? You crack me up. You probably believe the gov't is going to confiscate your coins too.
All the '07s were melted during the platinum bubble and it's the real key. Search for '06s '07s and '08s on ebay and see witch has the least amt available.
15 results found for 2006 w platinum 14 results found for 2007 w platinum 32 results found for 2008 w platinum >>
On that logic, all platinum coins were melted not just the 07's, except for the 04's proofs, 06's UNC and 08's.
Coin Collector, Chicken Owner, Licensed Tax Preparer & Insurance Broker/Agent. San Diego, CA
noob (must be short for newbie - ahhh here we go again)
I suppose you believe everything the govt tells you
and you dont read these threads much
read a little more, get educated, think before you post, dont open up your mouth and let everyone know you are a fool
2007's melted to the point of rarity? Hmmm. Could it have happened? Sure melting was going on while PLAT was 2100/oz, but no one could support buying 2007's on this premise, it's foolish and a stretch of the imagination.
clearly orders for 2008 uncs were taken to far outstrip supply - due to the July debacle of poor sales and even worse - returns of probably 50%+ of coins sold (unc-w's)
the backorder point and sales figures at that point in time are the best indicators that we have of how much inventory is available.
those backorder points were - 1/10 (2046), 1/4 (615), 1/2 (1257), 1 (N/A), 4 cn set (1257)
the sales figure at the 1/4 backorder point was about 1 day early, so we expect a couple hundred coins to be added - say to revise to (1000)
sales figures have already dropped by ~192 coins on the 1/4 and returns are just starting to make their way back into the figures. Look for that to continue. Backorders of ~1500 coins have still not received their coins. They will eventually be cancelled.
you are not thinking. agreement with newbie nonsense doesnt get you anywhere. listen to facts, think, form the possibilities, discount the nonsense.........
the strongest argument and opinion to date is orders taken to far outstrip available inventory.
facts supporting this have been confirmed.
1) sales=orders, not coins available or shipments.
2) sales figures at backorder date/times are far < numbers than appear now
3) orders taken beyond backorder point are as high as 90-100% of sales at point of backorder
4) NO substantial deliveries of ANY backorder sales for 1 month or more
5) Returns beginning to be rec'd by the USM are driving sales numbers DOWN.....and will continue to do so, as "backorder" orders taken and ALREADY counted in sales are sent the coins that have been returned. This proves that sales of coins beyond backorder are not AVAILABLE stock and have no bearing on coins struck.
IMO, after very carefully thinking about the situation unfolding, is that the 2008-w's will come in lower in mintage than the 2006-w unc's.
As time passes, the amount of evidence to support this theory will be added to the above list.
Just like I stated a few days back, once returns started to flow in, "sales" numbers would start to retreat, and not be replaced since the USM took far too many orders in excess of available stock.
How does the system work - what do we know?
Take an order, it gets counted in the sales report. Dont have to have available stock.
Take 2000 orders when only 1000 coins exist - sales report says 2000 coins sold. 1000 coins are sent out. 500 come back. Sales report is now adjusted for 500 "returned" orders, sales report now says 1500 sold. 500 coins go out to 1000 waiting orders.
500 coins are returned again. Sales report is adjusted down to 1000 coins, 500 returned orders are marked "returned". The 500 new returns go out to the remaining 500 "excess orders that have been waiting weeks to be filled.
Sales report now states 1000 coins sold. No more excess orders. No more coins in inventory. No more coins get returned. Sales report now equals coins struck.
Get the picture?
The action you see beginning in the 1/4 unc and 1/10 unc will continue until those coins land at around 1000-1100 since issue coins for the 1/4 and 2000-2100 single issue coins for the 1/10.
The 1/2 is ALWAYS produced to the same extent as 1/4's, I wouldn't count on it being more than 100 coins different (either way) than the 1/4, depending on how many 1/4's are returned "damaged".
The 4 coin set went dark at 1257. IMO, no more than 1250 of those.
It's lookin like - IMO -
1 oz 1250 1/2 oz 1100 1/4 oz 1100 1/10 oz 2100 4 cn set 1250
Just like I stated a few days back, once returns started to flow in, "sales" numbers would start to retreat, and not be replaced since the USM took far too many orders in excess of available stock.
How does the system work - what do we know?
Take an order, it gets counted in the sales report. Dont have to have available stock.
Take 2000 orders when only 1000 coins exist - sales report says 2000 coins sold. 1000 coins are sent out. 500 come back. Sales report is now adjusted for 500 "returned" orders, sales report now says 1500 sold. 500 coins go out to 1000 waiting orders.
500 coins are returned again. Sales report is adjusted down to 1000 coins, 500 returned orders are marked "returned". The 500 new returns go out to the remaining 500 "excess orders that have been waiting weeks to be filled.
Sales report now states 1000 coins sold. No more excess orders. No more coins in inventory. No more coins get returned. Sales report now equals coins struck.
Get the picture?
The action you see beginning in the 1/4 unc and 1/10 unc will continue until those coins land at around 1000-1100 since issue coins for the 1/4 and 2000-2100 single issue coins for the 1/10.
The 1/2 is ALWAYS produced to the same extent as 1/4's, I wouldn't count on it being more than 100 coins different (either way) than the 1/4, depending on how many 1/4's are returned "damaged".
The 4 coin set went dark at 1257. IMO, no more than 1250 of those.
It's lookin like - IMO -
1 oz 1250 1/2 oz 1100 1/4 oz 1100 1/10 oz 2100 4 cn set 1250
all winners. >>
This scenario rings true and does not rely on emotion to make the point. I hope you are right on these mintages!
Order Date: 11/13/2008 Order Status: Your order request is in process.
2008 AE PLAT UNC MM 4 COIN 3 $2,089.95 $6,269.85 In stock and reserved
They sold a butt load of sets all the way up til the last minute. I hope I find someone to buy these so I don't get stuck with them or I will sacrifice them to the platinum god. To the melting pot they will go.
Order Date: 11/13/2008 Order Status: Your order request is in process.
2008 AE PLAT UNC MM 4 COIN 3 $2,089.95 $6,269.85 In stock and reserved
They sold a butt load of sets all the way up til the last minute. I hope I find someone to buy these so I don't get stuck with them or I will sacrifice them to the platinum god. To the melting pot they will go. >>
Order Date: 11/13/2008 Order Status: Your order request is in process.
2008 AE PLAT UNC MM 4 COIN 3 $2,089.95 $6,269.85 In stock and reserved
They sold a butt load of sets all the way up til the last minute. I hope I find someone to buy these so I don't get stuck with them or I will sacrifice them to the platinum god. To the melting pot they will go. >>
Where are you getting your information on how many sets were sold? And why if the mint has a butt load of sets have you not yet received yours yet?
And we know that you have no intention of ever melting them.
It's a win, win, win situation for most of us that own all three years of the unc set. It really doesn't matter which is the lowest mintage year and not worth arguing about.
<< <i>And we know that you have no intention of ever melting them. >>
I plan on sitting it out and see where the final numbers land (which I believe to be pretty close to the current NN numbers right now + or -500) and if I can't sell them and spot goes back up, then why wouldn't I exchange them for melt? I think that is very reasonable logic and a small amt of risk on my part. Of course if the numbers are significantly lower, then I'll keep them.
I'm not trying to piss anyone off here, I was just letting you guys know they were selling sets beyond what some of you guys think. Just my opinion, don't take it to heart. Maybe your right, and they only sold 1250 sets. I'll be just as happy as anyone else.
I'll let you know when I get them next week for all you doubters. They already put a hold on my credit card.
<< <i>And we know that you have no intention of ever melting them. >>
I plan on sitting it out and see where the final numbers land (which I believe to be pretty close to the current NN numbers right now + or -500) and if I can't sell them and spot goes back up, then why wouldn't I exchange them for melt? I think that is very reasonable logic and a small amt of risk on my part. Of course if the numbers are significantly lower, then I'll keep them.
I'm not trying to piss anyone off here, I was just letting you guys know they were selling sets beyond what some of you guys think. Just my opinion, don't take it to heart. Maybe your right, and they only sold 1250 sets. I'll be just as happy as anyone else.
I'll let you know when I get them next week for all you doubters. They already put a hold on my credit card. >>
I don't doubt that you will get your order, but I bet that any orders after 11/14/08 will not be filled.
And of course no one knows for sure what the real numbers will be, but like you, I am hoping that that 1257 set is closer to the final value sinse all my eggs are in the "plat basket" (with one set in the bank and an extra set, for trading, that was ordered 11/13/08 that should be on its way soon).
Be careful what you wish for..............I sent 2 2008-W unc. sets back tonight. Both of the 1 oz. had absolutely terrible rim damage on reverse. I don't know if either would have made MS68. The halves were slightly better with a shot at MS69.
<< <i>Be careful what you wish for..............I sent 2 2008-W unc. sets back tonight. Both of the 1 oz. had absolutely terrible rim damage on reverse. I don't know if either would have made MS68. The halves were slightly better with a shot at MS69. >>
Well by my math that subtracts two from whichever mintage/sales figure you currently believe. I love the dancing smile, it makes me smile.
I'm sure only return items are being shipped to those who purchased in November.
It would be interesting to see a plot of sales numbers versus time for earlier years of any mint product that sold out. You might expect to see (for all mint products that sellout) a plot having a maxima near the back order date and for the curve to come back down some percentage within the next several months.
Might someone that is saving some old issues of NN be willing to investigate?
They must have gone dark today. I placed my order for both the unc and the proof ½ plats on 11/15, just after the prices were lowered. The order was on hold until today, when it changed to "in process". That order took 11 days to reach that status, while an order for a quarter Buffalo proof and ½ unc Buffalo placed 11/24 changed to "in process" today as well. I then placed yet another order for the 4-coin Buffalo set today, which is on backorder. I'll be surprised if I see that one.
Last years 2007-w gold eagles showed a DRASTIC multi thousand coin drop from the quoted weekly sales numbers. "w" plats fell about 150-250 per issue off the sales (should be called order) report. Most sell outs for plats have been 75-200 coins each denomination over the years.
We are going to see a nice drop off the 2008-w unc plat sales reports numbers the question is how dramatic will it be.
Eric, Don't you think this year is different. We had people watching these coins because they had a chance of being the lowest minted plats. I think a lot of people were pulling the trigger right at the end (backorder status)hoping to get in. Thus creating an abnormally high sales numbers. I am sure there wasn't as much interest and ordering at the end of the 2007 and the 2006 plats caught everyone off gaurd. Thanks
Line # Item # Cert # PCGS No. CoinDate Denomination Variety Country Grade 1 1 13663147 393078 2008-W $10 Statue of Liberty US MS70 1 2 13663148 393078 2008-W $10 Statue of Liberty US MS70 1 3 13663149 393078 2008-W $10 Statue of Liberty US MS69 2 1 13663150 393080 2008-W $25 Statue of Liberty US MS70 2 2 13663151 393080 2008-W $25 Statue of Liberty US MS69 2 3 13663152 393080 2008-W $25 Statue of Liberty US MS70 3 1 13663153 393082 2008-W $50 Statue of Liberty US MS70 3 2 13663154 393082 2008-W $50 Statue of Liberty US MS70 3 3 13663155 393082 2008-W $50 Statue of Liberty US MS70 4 1 13663156 393084 2008-W $100 Statue of Liberty US MS70 4 2 13663157 393084 2008-W $100 Statue of Liberty US MS70 4 3 13663158 393084 2008-W $100 Statue of Liberty US MS70 5 1 13663159 395698 2008-W $10 Louisa Adams US MS70 5 2 13663160 395698 2008-W $10 Louisa Adams US MS70 5 3 13663161 395698 2008-W $10 Louisa Adams US MS70 5 4 13663162 395698 2008-W $10 Louisa Adams US MS69 Total Items: 16 Date Received: 11/13/2008 Date Shipped: N/A Order Status: Shipped
Interesting submission coinmaster. When we reviewed your coins, prior to your submission, had no idea PCGS would be the least bit amenable . Very surprised at the outcome. Apparently PCGS is somewhat more liberal than I.
Not really sure this applies to this thread, however, if you'd like to share, OK. Congratulations.
<< <i>Interesting submission coinmaster. When we reviewed your coins, prior to your submission, had no idea PCGS would be the least bit amenable . Very surprised at the outcome. Apparently PCGS is somewhat more liberal than I.
Congratulations. >>
you advised me to send back at least 3 coins that graded MS70 !!!!
I saw your post and we have a thread by COINSPEAK that states he rec'd two 1/4 oz plats yesterday 11/26 that were on backorder.
He also states he ordered them on "backorder" date of Tuesday, 10/21 at 2:30pm.
I would assume the latest possible time, 2:30pm order PST = 5:30pm EST.
We already know that backorder point for 1/4 unc w plats was between 5-5:30pm EST 10/21.
Here's my take on things and certainly my opinion based on the info we have before us----------------------------
This is EXACTLY what i've been stating all along. Returns of original stock being reprocessed and sent to standing backorders.
Nothing, I mean NOTHING of any real quantity of these 1/4's have been delivered for over one month.
I have buddies with several 50 piece orders placed at just before 6pm EST on 10/21, later that evening on 10/21 (50 pieces, again nothing rec'd) and the next day 10/22 at noon EST (nothing rec'd).
Sales numbers for the 1/4 unc w plat experienced at least a 1000-1200 or more piece "over order" condition, to end at 2115. Now we have dropped 192 to 1938.
We will continue to DROP. All the way down to 1000-1100 pieces.
I suspect we will see the worst drop off in the next 2-3 sales reports. The 30 day period has elapsed. Now it is up to the fine workers at the USM to recieve, grant refunds, repackage and ship to waiting buyers (those who they have already lined up and counted in their sales number on 10/21-10/27 and beyond)
Same condition exists for the 1/10 (to the tune of approx 500 pieces) and the 4 coin set (900 sets).
The 1/2 oz coin acted relatively stable, I assume most buyers we so "put off" by the large sales numbers they were seeing for other denominations of the unc w plats, they did not pile in to the 1/2 oz coins.
IMO, the 1/2 oz coins should end around 1100 coins max, probably a mere 150-200 orders in excess of stock at the present time.
Also, they will be no rarer than the 1/4's, which I believe will come in at 1100 as well.
The deviation in the end between the two being damaged returns, not to be resold. No more than 100 difference between the 1/4 and 1/2.
Since the 1/4 is putting on the most mileage in the mail, to and from customers and the USM (returns) - and even those from the forum sending some back for "so called" damage? (tick marks on BIG pics) again, IMO and a leap of faith - that the 1/4 this time will reign supreme as the lowest produced 08 unc w plat.
I saw your post and we have a thread by COINSPEAK that states he rec'd two 1/4 oz plats yesterday 11/26 that were on backorder.
He also states he ordered them on "backorder" date of Tuesday, 10/21 at 2:30pm.
I would assume the latest possible time, 2:30pm order PST = 5:30pm EST.
We already know that backorder point for 1/4 unc w plats was between 5-5:30pm EST 10/21.
Here's my take on things and certainly my opinion based on the info we have before us----------------------------
This is EXACTLY what i've been stating all along. Returns of original stock being reprocessed and sent to standing backorders.
Nothing, I mean NOTHING of any real quantity of these 1/4's have been delivered for over one month.
I have buddies with several 50 piece orders placed at just before 6pm EST on 10/21, later that evening on 10/21 (50 pieces, again nothing rec'd) and the next day 10/22 at noon EST (nothing rec'd).
Sales numbers for the 1/4 unc w plat experienced at least a 1000-1200 or more piece "over order" condition, to end at 2115. Now we have dropped 192 to 1938.
We will continue to DROP. All the way down to 1000-1100 pieces.
I suspect we will see the worst drop off in the next 2-3 sales reports. The 30 day period has elapsed. Now it is up to the fine workers at the USM to recieve, grant refunds, repackage and ship to waiting buyers (those who they have already lined up and counted in their sales number on 10/21-10/27 and beyond)
Same condition exists for the 1/10 (to the tune of approx 500 pieces) and the 4 coin set (900 sets).
The 1/2 oz coin acted relatively stable, I assume most buyers we so "put off" by the large sales numbers they were seeing for other denominations of the unc w plats, they did not pile in to the 1/2 oz coins.
IMO, the 1/2 oz coins should end around 1100 coins max, probably a mere 150-200 orders in excess of stock at the present time.
Also, they will be no rarer than the 1/4's, which I believe will come in at 1100 as well.
The deviation in the end between the two being damaged returns, not to be resold. No more than 100 difference between the 1/4 and 1/2.
Since the 1/4 is putting on the most mileage in the mail, to and from customers and the USM (returns) - and even those from the forum sending some back for "so called" damage? (tick marks on BIG pics) again, IMO and a leap of faith - that the 1/4 this time will reign supreme as the lowest produced 08 unc w plat. >>
Dude your posts are far too long! Also, why do you often post 2 or 3 times in a row? I think many readers are just skipping past your posts.
Comments
<< <i>Trying to determine the most valuable 2008 bullion coin kinda reminds me of playing roulette...just freakin' cover every number with a few chips...and you're bound to hit something!!! >>
You will also have some really nice coins!
<< <i>Regarding to Inc plats, it looks like the half may be the real winner. It went "no longer available" at 1257, so allowing for overages probably only 1000 were minted...plus the 1250 in sets should make a new KING at 2250.
FloridaBill >>
Bet you're right. 2008 will be the new King.
<< <i>
<< <i>Trying to determine the most valuable 2008 bullion coin kinda reminds me of playing roulette...just freakin' cover every number with a few chips...and you're bound to hit something!!! >>
You will also have some really nice coins! >>
Oh yeah, that!
Of course, that's the great thing about all of these. They're all beauties.
<< <i>Guys...you may not want to hold a lot of these coins unless you are truly a GAMBLER....Check this out 7over8....from http://mintnewsblog.blogspot.com/
Friday, November 21, 2008
2008-W Platinum Eagle Sales Figures
With the 2008-W Uncirculated Platinum Eagle 4 Coin Set recently sold out, we can now start to piece together rough numbers for some of the sold out individual coins.
Many collectors have been intensely focusing on these numbers. When the 2008-W Uncirculated Platinum Eagles first went back on sale the numbers were low enough to create the possibility of a new key date for the series.
Listed below are the sales figures for 2008-W Uncirculated and Proof Platinum Eagles. The most recently published Mint Stats from Numismaster contains sales data through November 16. Since the 4 Coin Set sold out a few days after that, the number may still increase slightly from these levels.
The first column displays the amount for the ordering option. The second column displays the total for each coin (individual sales plus 4 coin set sales). Coins which are sold out and no longer available from the US Mint are listed in bold.
2008-W Uncirculated Platinum Eagle Sales Figures
Individual Combined
1 oz. 669 2,834
1/2 oz. 1,061 3,226
1/4 oz. 2,027 4,192
1/10 oz. 2,504 4,669
4 Coin Set 2,165 N/A
2008 Proof Platinum Eagle Sales Figures
Individual Combined
1 oz. 1,865 3,736
1/2 oz. 927 2,798
1/4 oz. 1,157 3,028
1/10 oz. 2,528 4,399
4 Coin Set 1,871 N/A
The previous key date for the series are the 2006-W Uncirculated Platinum Eagles. For comparison, the mintages for each coin appear below. These amounts are not yet "official mintages" but represent the last release sales figures for that year.
2006-W Uncirculated Platinum Eagle Mintages
Individual Combined
1 Ounce 1,079 3,068
1/2 Ounce 588 2,577
1/4 Ounce 687 2,676
1/10 Ounce 1,555 3,544
4 Coin Set 1,989
As you can see, the sold out 2008-W coins all ended up ahead of the 2006-W numbers. However, with mintages below 5,000, the numbers are still quite low. The coins could see some appreciation as collectors seem to be finding a renewed interest in the series. Notably, the 2008-W 1 oz. coin is still below the mintage level of the 2006-W.
Anyone have the final 2004 proof #s for comparison?
<< <i>Regarding to Inc plats, it looks like the half may be the real winner. It went "no longer available" at 1257, so allowing for overages probably only 1000 were minted...plus the 1250 in sets should make a new KING at 2250.
FloridaBill >>
The question is when, or whether for that matter, the Mint will revise the numbers to reflect actual sales/mintages vs. orders...
<< <i>PROOF GOLD EAGLES
13714
2775
4372
9357
4 SET 8870 >>
Are the 2008 Proof AGEs (not much talk about them to date) key contenders as well?
<< <i>
<< <i>PROOF GOLD EAGLES
13714
2775
4372
9357
4 SET 8870 >>
Are the 2008 Proof AGEs (not much talk about them to date) key contenders as well? >>
i would say yes as focus has been on plats and unc buffs and this might mean that less proof AGE`s sold...it may be a lower mintage for proof AGE`s. just me speculating though.
Just like I stated a few days back, once returns started to flow in, "sales" numbers would start to retreat, and not be replaced since the USM took far too many orders in excess of available stock.
How does the system work - what do we know?
Take an order, it gets counted in the sales report. Dont have to have available stock.
Take 2000 orders when only 1000 coins exist - sales report says 2000 coins sold. 1000 coins are sent out. 500 come back. Sales report is now adjusted for 500 "returned" orders, sales report now says 1500 sold. 500 coins go out to 1000 waiting orders.
500 coins are returned again. Sales report is adjusted down to 1000 coins, 500 returned orders are marked "returned". The 500 new returns go out to the remaining 500 "excess orders that have been waiting weeks to be filled.
Sales report now states 1000 coins sold. No more excess orders. No more coins in inventory. No more coins get returned. Sales report now equals coins struck.
Get the picture?
The action you see beginning in the 1/4 unc and 1/10 unc will continue until those coins land at around 1000-1100 since issue coins for the 1/4 and 2000-2100 single issue coins for the 1/10.
The 1/2 is ALWAYS produced to the same extent as 1/4's, I wouldn't count on it being more than 100 coins different (either way) than the 1/4, depending on how many 1/4's are returned "damaged".
The 4 coin set went dark at 1257. IMO, no more than 1250 of those.
It's lookin like - IMO -
1 oz 1250
1/2 oz 1100
1/4 oz 1100
1/10 oz 2100
4 cn set 1250
all winners.
As this is offically last call for these coins they certainly didn't want to have any coins left in stock after all returns were handled.
Thus the open order taking well past supplies on hand.
<< <i>
<< <i>Any thoughts on when the 2008 gold eagle fractionals start to go dark...especially the uncs?
And what are the current sales numbers on those (proof and unc) and how do they stack up vs prior years? >>
I don't know, but I just ordered 2 more of the BUFF UNC 4 coin sets, 2 of the UNC AGE 4 coin sets and 1 PROOF AGE 4 coin set.
I am loaded for bear on these 2008s! Let's play! >>
Good timing as now the BUFF UNC SETS are half-black (on backorder) and I too am glad I ordered a set yesterday.
Miles
<< <i>It's lookin like - IMO -
1 oz 1250
1/2 oz 1100
1/4 oz 1100
1/10 oz 2100
4 cn set 1250
all winners. >>
When was the last time the mint revised their numbers by 50%? You crack me up. You probably believe the gov't is going to confiscate your coins too.
All the '07s were melted during the platinum bubble and it's the real key. Search for '06s '07s and '08s on ebay and see witch has the least amt available.
15 results found for 2006 w platinum
14 results found for 2007 w platinum
32 results found for 2008 w platinum
Got any supporting evidence of that, besides a cursory search on ebay?
I knew it would happen.
<< <i>
<< <i>It's lookin like - IMO -
1 oz 1250
1/2 oz 1100
1/4 oz 1100
1/10 oz 2100
4 cn set 1250
all winners. >>
When was the last time the mint revised their numbers by 50%? You crack me up. You probably believe the gov't is going to confiscate your coins too.
All the '07s were melted during the platinum bubble and it's the real key. Search for '06s '07s and '08s on ebay and see witch has the least amt available.
15 results found for 2006 w platinum
14 results found for 2007 w platinum
32 results found for 2008 w platinum >>
On that logic, all platinum coins were melted not just the 07's, except for the 04's proofs, 06's UNC and 08's.
San Diego, CA
<< <i>
<< <i>It's lookin like - IMO -
1 oz 1250
1/2 oz 1100
1/4 oz 1100
1/10 oz 2100
4 cn set 1250
all winners. >>
When was the last time the mint revised their numbers by 50%? You crack me up. You probably believe the gov't is going to confiscate your coins too.
EXACTLY! Well said! I will bet any amount of money 2008 numbers will not be anywhere near 2006 numbers.
I suppose you believe everything the govt tells you
and you dont read these threads much
read a little more, get educated, think before you post, dont open up your mouth and let everyone know you are a fool
2007's melted to the point of rarity? Hmmm. Could it have happened? Sure melting was going on while PLAT was 2100/oz, but no one could support buying 2007's on this premise, it's foolish and a stretch of the imagination.
clearly orders for 2008 uncs were taken to far outstrip supply - due to the July debacle of poor sales and even worse - returns of probably 50%+ of coins sold (unc-w's)
the backorder point and sales figures at that point in time are the best indicators that we have of how much inventory is available.
those backorder points were - 1/10 (2046), 1/4 (615), 1/2 (1257), 1 (N/A), 4 cn set (1257)
the sales figure at the 1/4 backorder point was about 1 day early, so we expect a couple hundred coins to be added - say to revise to (1000)
sales figures have already dropped by ~192 coins on the 1/4 and returns are just starting to make their way back into the figures. Look for that to continue. Backorders of ~1500 coins have still not received their coins. They will eventually be cancelled.
you are not thinking. agreement with newbie nonsense doesnt get you anywhere. listen to facts, think, form the possibilities, discount the nonsense.........
the strongest argument and opinion to date is orders taken to far outstrip available inventory.
facts supporting this have been confirmed.
1) sales=orders, not coins available or shipments.
2) sales figures at backorder date/times are far < numbers than appear now
3) orders taken beyond backorder point are as high as 90-100% of sales at point of backorder
4) NO substantial deliveries of ANY backorder sales for 1 month or more
5) Returns beginning to be rec'd by the USM are driving sales numbers DOWN.....and will continue to do so, as "backorder" orders taken and ALREADY counted in sales are sent the coins that have been returned. This proves that sales of coins beyond backorder are not AVAILABLE stock and have no bearing on coins struck.
IMO, after very carefully thinking about the situation unfolding, is that the 2008-w's will come in lower in mintage than the 2006-w unc's.
As time passes, the amount of evidence to support this theory will be added to the above list.
Guys -
Just like I stated a few days back, once returns started to flow in, "sales" numbers would start to retreat, and not be replaced since the USM took far too many orders in excess of available stock.
How does the system work - what do we know?
Take an order, it gets counted in the sales report. Dont have to have available stock.
Take 2000 orders when only 1000 coins exist - sales report says 2000 coins sold. 1000 coins are sent out. 500 come back. Sales report is now adjusted for 500 "returned" orders, sales report now says 1500 sold. 500 coins go out to 1000 waiting orders.
500 coins are returned again. Sales report is adjusted down to 1000 coins, 500 returned orders are marked "returned". The 500 new returns go out to the remaining 500 "excess orders that have been waiting weeks to be filled.
Sales report now states 1000 coins sold. No more excess orders. No more coins in inventory. No more coins get returned. Sales report now equals coins struck.
Get the picture?
The action you see beginning in the 1/4 unc and 1/10 unc will continue until those coins land at around 1000-1100 since issue coins for the 1/4 and 2000-2100 single issue coins for the 1/10.
The 1/2 is ALWAYS produced to the same extent as 1/4's, I wouldn't count on it being more than 100 coins different (either way) than the 1/4, depending on how many 1/4's are returned "damaged".
The 4 coin set went dark at 1257. IMO, no more than 1250 of those.
It's lookin like - IMO -
1 oz 1250
1/2 oz 1100
1/4 oz 1100
1/10 oz 2100
4 cn set 1250
all winners.
<< <i>REPOST
Guys -
Just like I stated a few days back, once returns started to flow in, "sales" numbers would start to retreat, and not be replaced since the USM took far too many orders in excess of available stock.
How does the system work - what do we know?
Take an order, it gets counted in the sales report. Dont have to have available stock.
Take 2000 orders when only 1000 coins exist - sales report says 2000 coins sold. 1000 coins are sent out. 500 come back. Sales report is now adjusted for 500 "returned" orders, sales report now says 1500 sold. 500 coins go out to 1000 waiting orders.
500 coins are returned again. Sales report is adjusted down to 1000 coins, 500 returned orders are marked "returned". The 500 new returns go out to the remaining 500 "excess orders that have been waiting weeks to be filled.
Sales report now states 1000 coins sold. No more excess orders. No more coins in inventory. No more coins get returned. Sales report now equals coins struck.
Get the picture?
The action you see beginning in the 1/4 unc and 1/10 unc will continue until those coins land at around 1000-1100 since issue coins for the 1/4 and 2000-2100 single issue coins for the 1/10.
The 1/2 is ALWAYS produced to the same extent as 1/4's, I wouldn't count on it being more than 100 coins different (either way) than the 1/4, depending on how many 1/4's are returned "damaged".
The 4 coin set went dark at 1257. IMO, no more than 1250 of those.
It's lookin like - IMO -
1 oz 1250
1/2 oz 1100
1/4 oz 1100
1/10 oz 2100
4 cn set 1250
all winners. >>
This scenario rings true and does not rely on emotion to make the point. I hope you are right on these mintages!
Maybe not..................
I knew it would happen.
Order Date: 11/13/2008
Order Status: Your order request is in process.
2008 AE PLAT UNC MM 4 COIN 3 $2,089.95 $6,269.85 In stock and reserved
They sold a butt load of sets all the way up til the last minute. I hope I find someone to buy these so I don't get stuck with them or I will sacrifice them to the platinum god. To the melting pot they will go.
<< <i>Order number: 304289XX
Order Date: 11/13/2008
Order Status: Your order request is in process.
2008 AE PLAT UNC MM 4 COIN 3 $2,089.95 $6,269.85 In stock and reserved
They sold a butt load of sets all the way up til the last minute. I hope I find someone to buy these so I don't get stuck with them or I will sacrifice them to the platinum god. To the melting pot they will go. >>
Just return them if you don't want them.
<< <i>Order number: 304289XX
Order Date: 11/13/2008
Order Status: Your order request is in process.
2008 AE PLAT UNC MM 4 COIN 3 $2,089.95 $6,269.85 In stock and reserved
They sold a butt load of sets all the way up til the last minute. I hope I find someone to buy these so I don't get stuck with them or I will sacrifice them to the platinum god. To the melting pot they will go. >>
Where are you getting your information on how many sets were sold? And why if the mint has a butt load of sets have you not yet received yours yet?
And we know that you have no intention of ever melting them.
<< <i>And we know that you have no intention of ever melting them. >>
I plan on sitting it out and see where the final numbers land (which I believe to be pretty close to the current NN numbers right now + or -500) and if I can't sell them and spot goes back up, then why wouldn't I exchange them for melt? I think that is very reasonable logic and a small amt of risk on my part. Of course if the numbers are significantly lower, then I'll keep them.
I'm not trying to piss anyone off here, I was just letting you guys know they were selling sets beyond what some of you guys think. Just my opinion, don't take it to heart. Maybe your right, and they only sold 1250 sets. I'll be just as happy as anyone else.
I'll let you know when I get them next week for all you doubters. They already put a hold on my credit card.
<< <i>
<< <i>And we know that you have no intention of ever melting them. >>
I plan on sitting it out and see where the final numbers land (which I believe to be pretty close to the current NN numbers right now + or -500) and if I can't sell them and spot goes back up, then why wouldn't I exchange them for melt? I think that is very reasonable logic and a small amt of risk on my part. Of course if the numbers are significantly lower, then I'll keep them.
I'm not trying to piss anyone off here, I was just letting you guys know they were selling sets beyond what some of you guys think. Just my opinion, don't take it to heart. Maybe your right, and they only sold 1250 sets. I'll be just as happy as anyone else.
I'll let you know when I get them next week for all you doubters. They already put a hold on my credit card. >>
I don't doubt that you will get your order, but I bet that any orders after 11/14/08 will not be filled.
And of course no one knows for sure what the real numbers will be, but like you, I am hoping that that 1257 set is closer to the final value sinse all my eggs are in the "plat basket" (with one set in the bank and an extra set, for trading, that was ordered 11/13/08 that should be on its way soon).
This expresses all of the emotions expressed on this wonderful thread. And oh yeah, my five year-old wanted to see some more of the animations!
it means nothing until your cancel box is gone and you get a shipping number
there will be many on the "wait" lists that do get coins from the many weak hands who couldnt hold longer than the first 30 days....
this doesnt change the ultimate rarity, it just shifts to new owners.
you are still stating sales numbers,
no one cares about sales numbers
they bear no resemblence to actual coins struck
only orders taken
it doesnt matter what the source is - they are still sales numbers.
then my buddies and I who have additional orders waiting on backorder since 10/21 will get them filled with sub 2006-w mintage beauties!!!
Both of the 1 oz. had absolutely terrible rim damage on reverse.
I don't know if either would have made MS68.
The halves were slightly better with a shot at MS69.
<< <i>groht5
you are still stating sales numbers,
no one cares about sales numbers
they bear no resemblence to actual coins struck
only orders taken
it doesnt matter what the source is - they are still sales numbers. >>
If you are right 7over8 I will never question you again...
I actually really hope you are right...
I will remain silent from here on out until we know for sure what's up.
<< <i>Be careful what you wish for..............I sent 2 2008-W unc. sets back tonight.
Both of the 1 oz. had absolutely terrible rim damage on reverse.
I don't know if either would have made MS68.
The halves were slightly better with a shot at MS69. >>
Well by my math that subtracts two from whichever mintage/sales figure you currently believe.
I love the dancing smile, it makes me smile.
I'm sure only return items are being shipped to those who purchased in November.
Might someone that is saving some old issues of NN be willing to investigate?
<< <i>1/2 Oz plats are not avail anymore. >>
They must have gone dark today. I placed my order for both the unc and the proof ½ plats on 11/15, just after the prices were lowered. The order was on hold until today, when it changed to "in process". That order took 11 days to reach that status, while an order for a quarter Buffalo proof and ½ unc Buffalo placed 11/24 changed to "in process" today as well. I then placed yet another order for the 4-coin Buffalo set today, which is on backorder. I'll be surprised if I see that one.
Jim
We are going to see a nice drop off the 2008-w unc plat sales reports numbers the question is how dramatic will it be.
Line # Item # Cert # PCGS No. CoinDate Denomination Variety Country Grade
1 1 13663147 393078 2008-W $10 Statue of Liberty US MS70
1 2 13663148 393078 2008-W $10 Statue of Liberty US MS70
1 3 13663149 393078 2008-W $10 Statue of Liberty US MS69
2 1 13663150 393080 2008-W $25 Statue of Liberty US MS70
2 2 13663151 393080 2008-W $25 Statue of Liberty US MS69
2 3 13663152 393080 2008-W $25 Statue of Liberty US MS70
3 1 13663153 393082 2008-W $50 Statue of Liberty US MS70
3 2 13663154 393082 2008-W $50 Statue of Liberty US MS70
3 3 13663155 393082 2008-W $50 Statue of Liberty US MS70
4 1 13663156 393084 2008-W $100 Statue of Liberty US MS70
4 2 13663157 393084 2008-W $100 Statue of Liberty US MS70
4 3 13663158 393084 2008-W $100 Statue of Liberty US MS70
5 1 13663159 395698 2008-W $10 Louisa Adams US MS70
5 2 13663160 395698 2008-W $10 Louisa Adams US MS70
5 3 13663161 395698 2008-W $10 Louisa Adams US MS70
5 4 13663162 395698 2008-W $10 Louisa Adams US MS69
Total Items: 16
Date Received: 11/13/2008
Date Shipped: N/A
Order Status: Shipped
Not really sure this applies to this thread, however, if you'd like to share, OK.
Congratulations.
<< <i>Interesting submission coinmaster. When we reviewed your coins, prior to your submission, had no idea PCGS would be the least bit amenable . Very surprised at the outcome. Apparently PCGS is somewhat more liberal than I.
Congratulations. >>
you advised me to send back at least 3 coins that graded MS70 !!!!
You may wish to pm if you feel it necessary.
I saw your post and we have a thread by COINSPEAK that states he rec'd two 1/4 oz plats yesterday 11/26 that were on backorder.
He also states he ordered them on "backorder" date of Tuesday, 10/21 at 2:30pm.
I would assume the latest possible time, 2:30pm order PST = 5:30pm EST.
We already know that backorder point for 1/4 unc w plats was between 5-5:30pm EST 10/21.
Here's my take on things and certainly my opinion based on the info we have before us----------------------------
This is EXACTLY what i've been stating all along. Returns of original stock being reprocessed and sent to standing backorders.
Nothing, I mean NOTHING of any real quantity of these 1/4's have been delivered for over one month.
I have buddies with several 50 piece orders placed at just before 6pm EST on 10/21, later that evening on 10/21 (50 pieces, again nothing rec'd) and the next day 10/22 at noon EST (nothing rec'd).
Sales numbers for the 1/4 unc w plat experienced at least a 1000-1200 or more piece "over order" condition, to end at 2115. Now we have dropped 192 to 1938.
We will continue to DROP. All the way down to 1000-1100 pieces.
I suspect we will see the worst drop off in the next 2-3 sales reports. The 30 day period has elapsed. Now it is up to the fine workers at the USM to recieve, grant refunds, repackage and ship to waiting buyers (those who they have already lined up and counted in their sales number on 10/21-10/27 and beyond)
Same condition exists for the 1/10 (to the tune of approx 500 pieces) and the 4 coin set (900 sets).
The 1/2 oz coin acted relatively stable, I assume most buyers we so "put off" by the large sales numbers they were seeing for other denominations of the unc w plats, they did not pile in to the 1/2 oz coins.
IMO, the 1/2 oz coins should end around 1100 coins max, probably a mere 150-200 orders in excess of stock at the present time.
Also, they will be no rarer than the 1/4's, which I believe will come in at 1100 as well.
The deviation in the end between the two being damaged returns, not to be resold. No more than 100 difference between the 1/4 and 1/2.
Since the 1/4 is putting on the most mileage in the mail, to and from customers and the USM (returns) - and even those from the forum sending some back for "so called" damage? (tick marks on BIG pics) again, IMO and a leap of faith - that the 1/4 this time will reign supreme as the lowest produced 08 unc w plat.
<< <i>drei3ree
I saw your post and we have a thread by COINSPEAK that states he rec'd two 1/4 oz plats yesterday 11/26 that were on backorder.
He also states he ordered them on "backorder" date of Tuesday, 10/21 at 2:30pm.
I would assume the latest possible time, 2:30pm order PST = 5:30pm EST.
We already know that backorder point for 1/4 unc w plats was between 5-5:30pm EST 10/21.
Here's my take on things and certainly my opinion based on the info we have before us----------------------------
This is EXACTLY what i've been stating all along. Returns of original stock being reprocessed and sent to standing backorders.
Nothing, I mean NOTHING of any real quantity of these 1/4's have been delivered for over one month.
I have buddies with several 50 piece orders placed at just before 6pm EST on 10/21, later that evening on 10/21 (50 pieces, again nothing rec'd) and the next day 10/22 at noon EST (nothing rec'd).
Sales numbers for the 1/4 unc w plat experienced at least a 1000-1200 or more piece "over order" condition, to end at 2115. Now we have dropped 192 to 1938.
We will continue to DROP. All the way down to 1000-1100 pieces.
I suspect we will see the worst drop off in the next 2-3 sales reports. The 30 day period has elapsed. Now it is up to the fine workers at the USM to recieve, grant refunds, repackage and ship to waiting buyers (those who they have already lined up and counted in their sales number on 10/21-10/27 and beyond)
Same condition exists for the 1/10 (to the tune of approx 500 pieces) and the 4 coin set (900 sets).
The 1/2 oz coin acted relatively stable, I assume most buyers we so "put off" by the large sales numbers they were seeing for other denominations of the unc w plats, they did not pile in to the 1/2 oz coins.
IMO, the 1/2 oz coins should end around 1100 coins max, probably a mere 150-200 orders in excess of stock at the present time.
Also, they will be no rarer than the 1/4's, which I believe will come in at 1100 as well.
The deviation in the end between the two being damaged returns, not to be resold. No more than 100 difference between the 1/4 and 1/2.
Since the 1/4 is putting on the most mileage in the mail, to and from customers and the USM (returns) - and even those from the forum sending some back for "so called" damage? (tick marks on BIG pics) again, IMO and a leap of faith - that the 1/4 this time will reign supreme as the lowest produced 08 unc w plat. >>
Dude your posts are far too long! Also, why do you often post 2 or 3 times in a row? I think many readers are just skipping past your posts.