<< <i>How do you know they shipped? I never get a good status from the mint webpage. It always says "in process," until I get the coins on my doorstep. The next day, I get a "order has been shipped" update. Your coins that were backordered were shipped, too? At what point if at any time, did they go "in stock and reserved?" I've had a 4 coin set, and 2 1/10ths on backorder since the afternoon of the 8th, and they still show "backordered." >>
Try here: Fedex link, If your order was over 300, they know first when it's on the way...
<< <i>4 coin proof gold sets are backorder so they shortstruck those too. >>
I almost passed on those in favor of the UNCs, but I decided to go ahead and order 2 of the 4 coin Proofs last week to make sure I had all the bases covered.
BTW, my $100 2008 W Proof Platinum that was on back-order has changed to "Reserved and In-Stock", with Check Box gone! It joins the (4) $50 2008 W Proof Platinum Coins that are also in the same state.
Now, I just need that back-ordered 2008 W Proof Platinum 4-Coin Set to turn!
<< <i>Are the 2008 W AGE Uncs. going off sale on 12/31? Other threads say this is the case. I thought that they were selling into mid 09. Thanks.
Raufus, the AGE "W" Uncs are "minted to demand" according to the Mint's own terminology.
That means that the coins will be sold until they are gone, or until the Mint decides to pull them. In past years, Dec. 31st is not a date of any significance.
In 2006, the "W" Uncs weren't released until the 2nd half of the year, and even then, they weren't big sellers until along around October, when the "W" Plats started selling out and people realized that they weren't going to be re-supplied. The AGE "W" Uncs didn't sell out until December, but when they did, they went quickly.
In 2008, we have a situation where they are still "minted to demand" and we know that the Mint pronounced about 2 months ago that they were not buying any more fractional precious metal blanks, because - due to the shortage of metals they were going to focus on 1 oz. coins the rest of the year.
Now, I may be an idiot, but that seems to tell me that when the "W" Uncs run out, there will be ***instant recognition*** of the fact that these are low mintage coins, last of the "W" series, which when folded into the regular unc issue series will be major keys.
Don't say that I never told you so. Regards, jmski. >>
I've said several times that the US Mint Office of Public Affairs confirmed that CANCELLATIONS have not yet been included in the sales report. The date of the report doesnt matter. They HAVE NOT been deducted.
How much more clear can I make it for you?
You guys read a POS mint stats box in a publication and treat it like scripture. Didnt you ever ask them how they account for sales, what is included, how are returns handled, how and when are they deducted?
No. Not a surprise. I wouldnt expect much more from you.
Man, do some research and then shoot your mouth off. At least we would respect your opinion ......
As for the buff's, I am a fan. I bought these too. I will profit just like the rest of you.
7/8 if anyone else wants to see what was said then this thread has what we thought. You said the numbers would drop, I don't see any mention by you that they were not going to drop as you now claim.
Also you were very lukewarm on the buffaloes, even saying the 1/10 were too small.
So others can decide for themselves based on that, I will leave it at that.
The Mint will be continuing all of the American Eagle Gold Proof items in 2009 and beyond, right? And the 2008 1 oz. proof will likely not replace the current King, so that leaves the fractionals as the only potential Kings, but which can be unseated in the future.
It seems to me the eagle gold uncs are a smarter play, even though the collector base is significantly smaller.
Here is a list of the discontinued and last chance Mint products:
Discontinued Products United States Mint Presidential $1 Coin Historical Signature Sets™ United States Mint Presidential $1 Coin — Individual Proof Coins™ American Eagle Platinum Uncirculated Coins (all options) American Eagle Platinum Proof 1/2, 1/4, 1/10, and Four-Coin Sets American Eagle Gold Uncirculated 1/2, 1/4, 1/10, and Four-Coin Sets American Buffalo Uncirculated Gold Coins (all options) American Buffalo Proof 1/2, 1/4, 1/10, and Four-Coin Sets 50 State Quarters® First Day Coin Covers (continue through 2008) Greetings From America Portfolios and Card Sets Coin and Die Sets Collectible Spoons
yeh looks like gold eagle fractionals are only ones staying.Laters
It seems to me the eagle gold uncs are a smarter play, even though the collector base is significantly smaller.
The latest sales figures I see show the 2008-W one-ounce unc. Gold Eagle selling less than 6400, and the 1/4 ounce less than 4200. Depending on the remaining unsold stock, both these coins could potentially wind up with a 4-figure mintage, which would be a first for *any* Gold Eagle (excluding the 1999-W error coins). The 2008-W unc. half-ounce is also part of the "Double Prosperity" set, which will likely push its mintage higher.
My bet for the best long-term potential is the 1/4 ounce, which will likely have the lowest overall mintage. This is its final year as a "W" burnished unc., so if the mintage is under 10,000 it will likely remain the key of the 1/4 ounce set for the foreseeable future. The one-ounce "W" unc. coin will continue to be struck, so there's a better possibility of it being dethroned. Also, if the price of gold hits the stratosphere, the 1/4 ounce coins will increase their collector base relative to the one-ounce coins due to affordability.
Jmski: I'm assuming your number are representative of total coins including 4-coin sets?
Yes, those numbers are inclusive. Those numbers are based on the last reports when they were published in NN. They might have been adjusted slightly since, but probably not.
Q: Are You Printing Money? Bernanke: Not Literally
<< <i>Here is a list of the discontinued and last chance Mint products:
Discontinued Products United States Mint Presidential $1 Coin Historical Signature Sets™ United States Mint Presidential $1 Coin — Individual Proof Coins™ American Eagle Platinum Uncirculated Coins (all options) American Eagle Platinum Proof 1/2, 1/4, 1/10, and Four-Coin Sets American Eagle Gold Uncirculated 1/2, 1/4, 1/10, and Four-Coin Sets American Buffalo Uncirculated Gold Coins (all options) American Buffalo Proof 1/2, 1/4, 1/10, and Four-Coin Sets 50 State Quarters® First Day Coin Covers (continue through 2008) Greetings From America Portfolios and Card Sets Coin and Die Sets Collectible Spoons
yeh looks like gold eagle fractionals are only ones staying.Laters >>
Missing are the AGE Proofs? I can't remember if the fractional proofs are toast next year?
I think all proof eagle are coming back.This is from newsmintblog.
The list of discontinued products includes:
American Buffalo Uncirculated Gold Coins - These are the versions offered by the US Mint with the "W" mint mark. All fractional denominations, 4 coin set, and the one ounce coin will be discontinued. No offerings will remain.
American Buffalo Proof Gold Coins - The fractional 1/2 oz, 1/4 oz, 1/10 oz coins and 4 coin set will be discontinued. Only the one ounce Proof coin will remain. American Platinum Eagle Uncirculated Coins - These are the versions offered by the US Mint with the "W" mint mark. All fractional denominations, 4 coin set, and the one ounce coin will be discontinued. No offerings will remain.
American Platinum Eagle Proof Coins - The fractional 1/2 oz, 1/4 oz, 1/10 oz coins and 4 coin set will be discontinued. Only the one ounce Proof coin will remain. American Gold Eagle Uncirculated Coins - These are the versions offered by the US Mint with the "W" mint mark. The fractional 1/2 oz, 1/4 oz, 1/10 oz coins and 4 coin set will be discontinued. Only the one ounce Proof coin will remain. Presidential Dollar Coin Historical Signature Sets Presidential Dollar Individual Proof Coins 50 State Quarter First Day Coin Covers Greetings from America Portfolio and Card Sets Coin and Die Sets Collectible Spoons
<< <i>Jmski: I'm assuming your number are representative of total coins including 4-coin sets?
Yes, those numbers are inclusive. Those numbers are based on the last reports when they were published in NN. They might have been adjusted slightly since, but probably not. >>
The 2007 "w" gold eagles final final numbers fell hard............................. esp the $50 coin.
The 2007 "w" gold eagles final final numbers fell hard............................. esp the $50 coin.
Possibly that's because the 2006-W unc. $50 included 20,000 coins in the gold and silver unc. set and 10,000 coins in the 3-coin gold set with reverse proof.
The 2007 "w" gold eagles final final numbers fell hard............................. esp the $50 coin.
As always Eric, any updates from a truly authoritative source are very much appreciated.
I was looking at your other 3 year old thread, and noticed that you had 4,886 as the 2004 Proof 1/2 oz. Plat mintage. I've been using the 5,023 number all along.
Could you provide an update for the recent Plats and the 2006 & 2007 "W" AGEs?
Thanks, jmski
Q: Are You Printing Money? Bernanke: Not Literally
Unless I'm still drunk from last week, That would be either dumb, or a typo. Why price it lower than mint price and after sold out status? Shoot with a coupon it's be even better...Makes no sense...
It seems pretty quiet here relative the AGE proofs. These will most likely come in lower than 2001. Anyone buying?
I think the problem is that there are have been SO many options this month that have looked like great opportunities.
There's only so much $$ we can spend, and so far most of them haven't really caught fire on the secondary market.
I agree that the AGE proof and uncirculated look really good in terms of numbers, but I just have no feel for that collector base.
The uncirculated golds are really low numbers right now, though sales figures don't reflect what the inventory is. Since the proofs closed out low, presumably the uncirculateds would be something around (and likely lower) than the proof numbers.
Lets go with this because this is all we have for now.
AGE 4 coin proof set product limit - 35,000 Sold out at approximately 1/3rd of limit.
If the fractionals sell out at the same rate as the 4 coin set, the scenario would look something like this:
AGE dimes single product limit - 30,000 If it sells out at 1/3rd, that would be 10,000 plus (approx 10 - 15,000 4 coin sets) = 20 - 25,000 total AGE quarters single product limit - 16,000 If it sells out at 1/3rd, that would be 5,334 plus " " " " " " = 15,334 - 20,334 total AGE halves single product limit - 15,000 If it sells out at 1/3rd, that would be 5,000 plus " " " " " " = 15,000 - 20,000 total
<< <i>If so, the tenths should be showing backordered soon !! >>
I think that there might be a problem because the $5's from past years, including 1997 are only selling for a little more than $110 and the Mint's price is $160 for this year, even if this year is the key, would it be a $200+ coin?
And the key 2001 $10 is selling for around $250, 2008 from the Mint is $300.
And the key 2001 $25 is selling for around $485, 2008 from the Mint is $535.
Am I missing something or are prices really weak even for keys on these gold eagles unless it is a 70.
Coin Collector, Chicken Owner, Licensed Tax Preparer & Insurance Broker/Agent. San Diego, CA
The idea is to own a (lowest Mintage) Key Coin of a popular series with the widest possible Collection Base, right?
Here are some of them in no particular order:
1.) 2008 W $50 MS Buff - Gold
2.) 2008 W Unc w/ 2007 W Unc Reverse = Key Silver Coin of a (3) Year Series - Silver
3.) 2008 W Fractional Buffs, either Proof and Mint State - Gold
4.) 2008 W $50 Proof Buff - Gold (lower than 2006 or 2007 so far. (With reduced product to choose from in 2009, one would expect 2009 W's to easily surpass 2008 W $50 coin)
5.) 2008 W Proof Platinum’s
6.) 2006 W Unc Platinum’s
7.) 1995 W Proof Silver $1
8.)
9.)
Smarter guys than me can fill in and make any corrections.
IMO the best buy of what's left are the Prosperity Sets. There's a triple play with them, bullion, 1/2 oz unc and of course the unc 1/2 oz Buffalo. The big problem is that no one seems to know the mintage.
I think the problem for the proof gold eagle is it is already a 20 year old series that will be continued and not many, certainly not 20,000 or more will collect all of them IMO. I just think these won't be deep enough keys to command high multiples but it is only my guess. Also the series is suppose to continue so a later year might see very high gold prices which would kill sales perhaps if another comes in close to these mintages.
The chance for a deep key if it happens will be in the unc not the proof, and those are ended at least.
Also by comparison the proof buffalo numbers are already under the proof gold eagles or close to it so the eagles won't be the lowest proof gold of 2008. That is why I like the buffalo the most for the gold, the numbers were so low.
<< <i>I think the problem for the proof gold eagle is it is already a 20 year old series that will be continued and not many, certainly not 20,000 or more will collect all of them IMO. I just think these won't be deep enough keys to command high multiples but it is only my guess. Also the series is suppose to continue so a later year might see very high gold prices which would kill sales perhaps if another comes in close to these mintages.
The chance for a deep key if it happens will be in the unc not the proof, and those are ended at least.
Also by comparison the proof buffalo numbers are already under the proof gold eagles or close to it so the eagles won't be the lowest proof gold of 2008. That is why I like the buffalo the most for the gold, the numbers were so low. >>
Then why was the AGE Proof 4 coin set the fist to sell out then? This makes no sense if there is no collector base as you say.
I didn't say there wasn't a collector base, please read again. I said a 20,000 plus collector base which is what it would take to move these higher.
Also some of these people buying today are not collectors for the whole series, they are for gold bullion only thinking the world is going to end.
PS Don't forget key coins in expanding series may not always remain keys. The question is what is the number it takes to get these coins to draw a premium over the others?
The unc on the other hand may be established low keys forever, that is the difference.
The problem I have with these w coins in these series is the cheap series collectors can skip past them as they are not keys within the established one year coin per year issue. However my guess is long-term they are the CC coins of the Morgan series and some will only collect the W coins. If that is the case then these 2008 w unc have a good chance to do well.
One thing on the gold proof eagle though, this years numbers may come in lower than 2007 W unc gold eagle so perhaps they are fairly low after all. At seeing this I may say the 1/10 and 1/4 could do well now assuming they remain the low and the series ends soon but it may take a while.
Comments
<< <i>How do you know they shipped? I never get a good status from the mint webpage. It always says "in process," until I get the coins on my doorstep. The next day, I get a "order has been shipped" update.
Your coins that were backordered were shipped, too? At what point if at any time, did they go "in stock and reserved?" I've had a 4 coin set, and 2 1/10ths on backorder since the afternoon of the 8th, and they still show "backordered." >>
Try here: Fedex link, If your order was over 300, they know first when it's on the way...
<< <i>4 coin proof gold sets are backorder so they shortstruck those too. >>
I almost passed on those in favor of the UNCs, but I decided to go ahead and order 2 of the 4 coin Proofs last week to make sure I had all the bases covered.
Awesome news!
Thanks
It seems not many track it, Dan.
BTW, my $100 2008 W Proof Platinum that was on back-order has changed to "Reserved and In-Stock", with Check Box gone! It joins the (4) $50 2008 W Proof Platinum Coins that are also in the same state.
Now, I just need that back-ordered 2008 W Proof Platinum 4-Coin Set to turn!
<< <i>Are the 2008 W AGE Uncs. going off sale on 12/31? Other threads say this is the case. I thought that they were selling into mid 09. Thanks.
Raufus, the AGE "W" Uncs are "minted to demand" according to the Mint's own terminology.
That means that the coins will be sold until they are gone, or until the Mint decides to pull them. In past years, Dec. 31st is not a date of any significance.
In 2006, the "W" Uncs weren't released until the 2nd half of the year, and even then, they weren't big sellers until along around October, when the "W" Plats started selling out and people realized that they weren't going to be re-supplied. The AGE "W" Uncs didn't sell out until December, but when they did, they went quickly.
In 2008, we have a situation where they are still "minted to demand" and we know that the Mint pronounced about 2 months ago that they were not buying any more fractional precious metal blanks, because - due to the shortage of metals they were going to focus on 1 oz. coins the rest of the year.
Now, I may be an idiot, but that seems to tell me that when the "W" Uncs run out, there will be ***instant recognition*** of the fact that these are low mintage coins, last of the "W" series, which when folded into the regular unc issue series will be major keys.
Don't say that I never told you so. Regards, jmski. >>
Thanks very much for this very informative post!!
2006: AGE "W" Uncs / Proofs
1/10: 25,650 / 49,016
1/4: 19,925 / 37,764
1/2: 18,850 / 36,097
1: 49,975 / 48,747
2007: AGE "W" Uncs / Proofs
1/10: 24,300 / 59,583
1/4: 14,615 / 48,680
1/2: 13,358 / 45,398
1: 24,902 / 53,618
Interesting, huh guys?
I knew it would happen.
You dont seem to listen much.
I've said several times that the US Mint Office of Public Affairs confirmed that CANCELLATIONS have not yet been included in the sales report. The date of the report doesnt matter. They HAVE NOT been deducted.
How much more clear can I make it for you?
You guys read a POS mint stats box in a publication and treat it like scripture. Didnt you ever ask them how they account for sales, what is included, how are returns handled, how and when are they deducted?
No. Not a surprise. I wouldnt expect much more from you.
Man, do some research and then shoot your mouth off. At least we would respect your opinion ......
As for the buff's, I am a fan. I bought these too. I will profit just like the rest of you.
7/8 if anyone else wants to see what was said then this thread has what we thought. You said the numbers would drop, I don't see any mention by you that they were not going to drop as you now claim.
Also you were very lukewarm on the buffaloes, even saying the 1/10 were too small.
So others can decide for themselves based on that, I will leave it at that.
It seems to me the eagle gold uncs are a smarter play, even though the collector base is significantly smaller.
Discontinued Products
United States Mint Presidential $1 Coin Historical Signature Sets™
United States Mint Presidential $1 Coin — Individual Proof Coins™
American Eagle Platinum Uncirculated Coins (all options)
American Eagle Platinum Proof 1/2, 1/4, 1/10, and Four-Coin Sets
American Eagle Gold Uncirculated 1/2, 1/4, 1/10, and Four-Coin Sets
American Buffalo Uncirculated Gold Coins (all options)
American Buffalo Proof 1/2, 1/4, 1/10, and Four-Coin Sets
50 State Quarters® First Day Coin Covers (continue through 2008)
Greetings From America Portfolios and Card Sets
Coin and Die Sets
Collectible Spoons
yeh looks like gold eagle fractionals are only ones staying.Laters
The latest sales figures I see show the 2008-W one-ounce unc. Gold Eagle selling less than 6400, and the 1/4 ounce less than 4200. Depending on the remaining unsold stock, both these coins could potentially wind up with a 4-figure mintage, which would be a first for *any* Gold Eagle (excluding the 1999-W error coins). The 2008-W unc. half-ounce is also part of the "Double Prosperity" set, which will likely push its mintage higher.
My bet for the best long-term potential is the 1/4 ounce, which will likely have the lowest overall mintage. This is its final year as a "W" burnished unc., so if the mintage is under 10,000 it will likely remain the key of the 1/4 ounce set for the foreseeable future. The one-ounce "W" unc. coin will continue to be struck, so there's a better possibility of it being dethroned. Also, if the price of gold hits the stratosphere, the 1/4 ounce coins will increase their collector base relative to the one-ounce coins due to affordability.
My Adolph A. Weinman signature
<< <i>Product will not be available tomorrow sundown.
DARK! "Product is not available."
Yes, those numbers are inclusive. Those numbers are based on the last reports when they were published in NN. They might have been adjusted slightly since, but probably not.
I knew it would happen.
<< <i>Here is a list of the discontinued and last chance Mint products:
Discontinued Products
United States Mint Presidential $1 Coin Historical Signature Sets™
United States Mint Presidential $1 Coin — Individual Proof Coins™
American Eagle Platinum Uncirculated Coins (all options)
American Eagle Platinum Proof 1/2, 1/4, 1/10, and Four-Coin Sets
American Eagle Gold Uncirculated 1/2, 1/4, 1/10, and Four-Coin Sets
American Buffalo Uncirculated Gold Coins (all options)
American Buffalo Proof 1/2, 1/4, 1/10, and Four-Coin Sets
50 State Quarters® First Day Coin Covers (continue through 2008)
Greetings From America Portfolios and Card Sets
Coin and Die Sets
Collectible Spoons
yeh looks like gold eagle fractionals are only ones staying.Laters >>
Missing are the AGE Proofs? I can't remember if the fractional proofs are toast next year?
Ren(W)
The list of discontinued products includes:
American Buffalo Uncirculated Gold Coins - These are the versions offered by the US Mint with the "W" mint mark. All fractional denominations, 4 coin set, and the one ounce coin will be discontinued. No offerings will remain.
American Buffalo Proof Gold Coins - The fractional 1/2 oz, 1/4 oz, 1/10 oz coins and 4 coin set will be discontinued. Only the one ounce Proof coin will remain.
American Platinum Eagle Uncirculated Coins - These are the versions offered by the US Mint with the "W" mint mark. All fractional denominations, 4 coin set, and the one ounce coin will be discontinued. No offerings will remain.
American Platinum Eagle Proof Coins - The fractional 1/2 oz, 1/4 oz, 1/10 oz coins and 4 coin set will be discontinued. Only the one ounce Proof coin will remain.
American Gold Eagle Uncirculated Coins - These are the versions offered by the US Mint with the "W" mint mark. The fractional 1/2 oz, 1/4 oz, 1/10 oz coins and 4 coin set will be discontinued. Only the one ounce Proof coin will remain.
Presidential Dollar Coin Historical Signature Sets
Presidential Dollar Individual Proof Coins
50 State Quarter First Day Coin Covers
Greetings from America Portfolio and Card Sets
Coin and Die Sets
Collectible Spoons
<< <i>Jmski: I'm assuming your number are representative of total coins including 4-coin sets?
Yes, those numbers are inclusive. Those numbers are based on the last reports when they were published in NN. They might have been adjusted slightly since, but probably not. >>
The 2007 "w" gold eagles final final numbers fell hard............................. esp the $50 coin.
Steal or deal...?
Just ended with Buy It Now...
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&ssPageName=STRK:MEWAX:IT&item=250345290433
Possibly that's because the 2006-W unc. $50 included 20,000 coins in the gold and silver unc. set and 10,000 coins in the 3-coin gold set with reverse proof.
My Adolph A. Weinman signature
http://cgi.ebay.com/2008-W-AMERICAN-BUFFALO-GOLD-PROOF-FOUR-COIN-SET-SEALED_W0QQitemZ220320616510QQcmdZViewItemQQptZCoins_US_Individual?hash=item220320616510&_trksid=p3286.c0.m14&_trkparms=66:2|65:13|39:1|240:1318
As always Eric, any updates from a truly authoritative source are very much appreciated.
I was looking at your other 3 year old thread, and noticed that you had 4,886 as the 2004 Proof 1/2 oz. Plat mintage. I've been using the 5,023 number all along.
Could you provide an update for the recent Plats and the 2006 & 2007 "W" AGEs?
Thanks, jmski
I knew it would happen.
Ren(W)
<< <i>Steal or deal...?
Just ended with Buy It Now...
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&ssPageName=STRK:MEWAX:IT&item=250345290433 >>
Unless I'm still drunk from last week, That would be either dumb, or a typo. Why price it lower than mint price and after sold out status? Shoot with a coupon it's be even better...Makes no sense...
I think the problem is that there are have been SO many options this month that have looked like great opportunities.
There's only so much $$ we can spend, and so far most of them haven't really caught fire on the secondary market.
I agree that the AGE proof and uncirculated look really good in terms of numbers, but I just have no feel for that collector base.
The uncirculated golds are really low numbers right now, though sales figures don't reflect what the inventory is. Since the proofs closed out low, presumably the uncirculateds would be something around (and likely lower) than the proof numbers.
1. 08 Platinum Proof Set sold BIN for $2,150!
08 Plat Proof Set sells for $2,150 BIN
2. 08-W Buffalo Proof Set Sealed sells for $3,295
08 buffalo Proof set sells for $3,295
AGE 4 coin proof set product limit - 35,000 Sold out at approximately 1/3rd of limit.
If the fractionals sell out at the same rate as the 4 coin set, the scenario would look something like this:
AGE dimes single product limit - 30,000 If it sells out at 1/3rd, that would be 10,000 plus (approx 10 - 15,000 4 coin sets) = 20 - 25,000 total
AGE quarters single product limit - 16,000 If it sells out at 1/3rd, that would be 5,334 plus " " " " " " = 15,334 - 20,334 total
AGE halves single product limit - 15,000 If it sells out at 1/3rd, that would be 5,000 plus " " " " " " = 15,000 - 20,000 total
The numbers are good enough for me.
Any ideas?
Any ideas?
I agree with your assessment of the numbers.
1/10 oz. $5 proof 1997 35,164
1/4 oz. $10 proof 2001 25,630
1/2 oz. $25 proof 2001 23,261
As quoted from the article on investing in key date moderns. (forgot name and author - sorry)
FAVOR THE CHEAP COINS GUYS WITH WHAT LITTLE MONEY YOU HAVE LEFT.
<< <i>If so, the tenths should be showing backordered soon !! >>
I think that there might be a problem because the $5's from past years, including 1997 are only selling for a little more than $110 and the Mint's price is $160 for this year, even if this year is the key, would it be a $200+ coin?
And the key 2001 $10 is selling for around $250, 2008 from the Mint is $300.
And the key 2001 $25 is selling for around $485, 2008 from the Mint is $535.
Am I missing something or are prices really weak even for keys on these gold eagles unless it is a 70.
San Diego, CA
<< <i>Guess you know the 1997 $5 gold eagle proof mintage was $34,977 >>
I don't know what the mintage is, I just saw that someone said that was the key and for a key, it sure does not command a good price.
San Diego, CA
Here are some of them in no particular order:
1.) 2008 W $50 MS Buff - Gold
2.) 2008 W Unc w/ 2007 W Unc Reverse = Key Silver Coin of a (3) Year Series - Silver
3.) 2008 W Fractional Buffs, either Proof and Mint State - Gold
4.) 2008 W $50 Proof Buff - Gold (lower than 2006 or 2007 so far. (With reduced product to choose from in 2009, one would expect 2009 W's to easily surpass 2008 W $50 coin)
5.) 2008 W Proof Platinum’s
6.) 2006 W Unc Platinum’s
7.) 1995 W Proof Silver $1
8.)
9.)
Smarter guys than me can fill in and make any corrections.
The chance for a deep key if it happens will be in the unc not the proof, and those are ended at least.
Also by comparison the proof buffalo numbers are already under the proof gold eagles or close to it so the eagles won't be the lowest proof gold of 2008. That is why I like the buffalo the most for the gold, the numbers were so low.
<< <i>I think the problem for the proof gold eagle is it is already a 20 year old series that will be continued and not many, certainly not 20,000 or more will collect all of them IMO. I just think these won't be deep enough keys to command high multiples but it is only my guess. Also the series is suppose to continue so a later year might see very high gold prices which would kill sales perhaps if another comes in close to these mintages.
The chance for a deep key if it happens will be in the unc not the proof, and those are ended at least.
Also by comparison the proof buffalo numbers are already under the proof gold eagles or close to it so the eagles won't be the lowest proof gold of 2008. That is why I like the buffalo the most for the gold, the numbers were so low. >>
Then why was the AGE Proof 4 coin set the fist to sell out then? This makes no sense if there is no collector base as you say.
Also some of these people buying today are not collectors for the whole series, they are for gold bullion only thinking the world is going to end.
PS Don't forget key coins in expanding series may not always remain keys. The question is what is the number it takes to get these coins to draw a premium over the others?
The unc on the other hand may be established low keys forever, that is the difference.
The problem I have with these w coins in these series is the cheap series collectors can skip past them as they are not keys within the established one year coin per year issue. However my guess is long-term they are the CC coins of the Morgan series and some will only collect the W coins. If that is the case then these 2008 w unc have a good chance to do well.
One thing on the gold proof eagle though, this years numbers may come in lower than 2007 W unc gold eagle so perhaps they are fairly low after all. At seeing this I may say the 1/10 and 1/4 could do well now assuming they remain the low and the series ends soon but it may take a while.
I just think the unc have more potential is all.
1/10 oz. $5 proof 1997 35,164
1/4 oz. $10 proof 2001 25,630
1/2 oz. $25 proof 2001 23,261
The 2005 1/10th ozers came in around 34,756. but that's like splitting hairs, kinda.
I knew it would happen.