It's about time. Now maybe the prices will catch up with the mint price plus the cost to have them graded.
On BS&T Now: Nothing. Fighting the Fight for 11 Years with the big "C" - Never Ever Give Up! Member PCGS Open Forum board 2002 - 2006 (closed end of 2006) Current board since 2006 Successful trades with many members, over the past two decades, never a bad deal.
<< <i>It's about time. Now maybe the prices will catch up with the mint price plus the cost to have them graded. >>
I'm with you on that. Maybe I will be glad I kept my unspotted MS70 I still have a "1st strike eligible" box of 10 I decided not to open/grade/sell yet because of the pricing.
Does anybody know when the 2009 Canadian silver Maple Leafs will go on sale????????
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
I am hereby predicting a silver price surge to $20 by the end of the year. A bold prediction I know, but...
Several bullion dealers are saying that they can't get material right now, particularly unc gold & silver from the mint.
The mint has stopped sales of most gold & silver eagles (proof and unc) to the public.
This is causing and will cause local physical inventories to dry up and prices to go up. Just in time for 2008 when the mint introduces its 2008 products at new, higher prices.
You can still get them on Ebay for not too much over issue price. One guy has 99 available at $23 each, $5 shipping- $1 for each additional item. That isn't too bad considering where these could go. I DO NOT vouch for this seller, but it is item # 330154015049.
Last year I was able to get a few from online retailers after the abrupt sell out, this year I found those same retailers have already pulled them.
<< <i>You can still get them on Ebay for not too much over issue price. One guy has 99 available at $23 each, $5 shipping- $1 for each additional item. That isn't too bad considering where these could go. I DO NOT vouch for this seller, but it is item # 330154015049.
Last year I was able to get a few from online retailers after the abrupt sell out, this year I found those same retailers have already pulled them. >>
<< <i>I got 10 off the bay at 26.00 each. There are still some on the bay for cheap. >>
The exact reason I bumped my prices when I saw this thread, I remember last year how quick the 2006W went up.
On BS&T Now: Nothing. Fighting the Fight for 11 Years with the big "C" - Never Ever Give Up! Member PCGS Open Forum board 2002 - 2006 (closed end of 2006) Current board since 2006 Successful trades with many members, over the past two decades, never a bad deal.
The 2006-W uncirculated ASE's were split among the 3-coin ASE 20th Anniversary Set (250K), the 2-coin Gold and Silver 20th Anniversary Set (20K), and the single coin offering (about 200K). Total is about 470K.
The 2007-W uncirculated ASE's - all 500K or more - were issued as single coin offerings.
I think this fact will make the 2006-W ASE much more in demand than the 2007-W, even though the total mintage is only slightly less. Many collectors of the W uncirculated series will want the original single-coin packaging, which is much scarcer for the 2006-W. In addition, collectors of the 20th Anniversary sets will need the 2006-W (as part of the sets) but may not be interested in obtaining the later years.
Total mintage will not be the only factor influencing prices of the two coins. The 2006-W should obtain additional benefit from having more sources of demand.
<< <i>The 2006-W uncirculated ASE's were split among the 3-coin ASE 20th Anniversary Set (250K), the 2-coin Gold and Silver 20th Anniversary Set (20K), and the single coin offering (about 200K). Total is about 470K.
The 2007-W uncirculated ASE's - all 500K or more - were issued as single coin offerings.
I think this fact will make the 2006-W ASE much more in demand than the 2007-W, even though the total mintage is only slightly less. Many collectors of the W uncirculated series will want the original single-coin packaging, which is much scarcer for the 2006-W. In addition, collectors of the 20th Anniversary sets will need the 2006-W (as part of the sets) but may not be interested in obtaining the later years.
Total mintage will not be the only factor influencing prices of the two coins. The 2006-W should obtain additional benefit from having more sources of demand.
I do not think we have seen the full potential of the 2006 W ASE's because they are not even mentioned in the 2007 version of the Red Book. Average collectors have no idea there is a regular bullion version and a burnished W mint mark version. Once a distinction is made in such a widely used guide as the Red Book, I think the value of both the 2006 and 2007 W ASE's will go up.
Uncirculated Silver Eagle Mintages 1986-2006. Source: US MINT
I notice an interesting comparison in the figures above. For the bullion ASE's, the mintage for the scarcest date (1996) is about 15% lower than the mintage of the next scarcest date (1994). The price difference, however, is large. The 1996 goes for about three times the price of the 1994. In fact, the 1994 is priced only a few dollars higher than common dates.
Using the numbers above, the 2006-W appears likewise to be about 15% scarcer than the 2007-W. While the situations are not identical, I don't think it can be automatically assumed that the 2007-W will approach the price of the 2006-W just because the mintages are similar.
Overall demand for the burnished "W" coins will probably not be identical to demand for the bullion versions. Many collectors may continue to collect ASE's by date and ignore the mintmarked collector versions.
the correlation mentioned has no bearing on a ASE with a 550-570K mintage. There is demand that far exceeds 570K coins that will move this coin higher in the coming weeks.
Proof ASE demand seems to be "right" at about 900K-1mm coins, if I were to take an educated guess, there are probably at least 750K collectors.
Those same collectors will have a couples big "holes" in thier albums to fill - the 06W and 07W, as the USM has set collecting by date/mm/finish in motion with these "W" eagles.
No ASE's in special sets - nada, no way, not happening.
What makes you say that? No chance they held back some in reserve for the dollar sets they promised collectors in that interview with Coin World?
Last month, I sent all 4 of my 2007-W's back -- too many dings like coin-ejection marks on the K12 reverse rim, and other noticeable flaws. Am/was really hoping to try again with the dollar sets! Oh well...
pf70collector
Posts: 6,505 ✭✭✭
Comments
Box of 20
Canadas already released the 2008 Silver Maple Leaf.
Fighting the Fight for 11 Years with the big "C" - Never Ever Give Up!
Member PCGS Open Forum board 2002 - 2006 (closed end of 2006) Current board since 2006 Successful trades with many members, over the past two decades, never a bad deal.
Box of 20
Off the top of my head, it's 3 plus million.
Edit: Looked it up 3,603,386
<< <i>Let's back up, are we talking about the proof, unc, or both? >>
earlier thread...
Box of 20
<< <i> and lost interest in series with that milk spot situation.
<< <i>It's about time. Now maybe the prices will catch up with the mint price plus the cost to have them graded. >>
I'm with you on that. Maybe I will be glad I kept my unspotted MS70
I still have a "1st strike eligible" box of 10 I decided not to open/grade/sell yet because of the pricing.
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
Pricing on these has simply sucked for such a low mintage!
The name is LEE!
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
<< <i>Why? The 2006-W is still the lower one of the 2. >>
Yes, but... the 2006-W could have been much more rare
We ordered a sh#t load of them a month ago..........................expected ship date 12/5
Several bullion dealers are saying that they can't get material right now, particularly unc gold & silver from the mint.
The mint has stopped sales of most gold & silver eagles (proof and unc) to the public.
This is causing and will cause local physical inventories to dry up and prices to go up. Just in time for 2008 when the mint introduces its 2008 products at new, higher prices.
anybody remember what the date was last year when they sold out of 2006 w ase"s.............?
<< <i>
<< <i> and lost interest in series with that milk spot situation.
I "washed" all of mine with acetone as soon as I got them from the Mint.....no problems with any of them so far.
Last year I was able to get a few from online retailers after the abrupt sell out, this year I found those same retailers have already pulled them.
<< <i>anybody remember what the date was last year when they sold out of 2006 w ase"s.............? >>
According to this thread, December 11, 2006: LINK
<< <i>You can still get them on Ebay for not too much over issue price. One guy has 99 available at $23 each, $5 shipping- $1 for each additional item. That isn't too bad considering where these could go. I DO NOT vouch for this seller, but it is item # 330154015049.
Last year I was able to get a few from online retailers after the abrupt sell out, this year I found those same retailers have already pulled them. >>
GONE-DONE-SOLD
Maybe a little higher at 560-570K
No ASE's in special sets - nada, no way, not happening.
<< <i>
<< <i>Do you think this 550k - 560k is the highest or lowest mintage >>
Since we already know the 2006-w was less than that, and we know this is only the 2nd year, it has to be the highest
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
I have a roll of plain jane 2007 eagles I bought as a bullion investment aound the first of the year.
Thanks
Click on this link to see my ebay listings.
<< <i>Do you think this 550k - 560k is the highest or lowest mintage >>
<< <i>I have to ask... Are we talking the 2007 "West Point" ASE's? or regular, run of the mill, not proof 2007's?
I have a roll of plain jane 2007 eagles I bought as a bullion investment aound the first of the year.
Thanks >>
W
<< <i>
<< <i>Do you think this 550k - 560k is the highest or lowest mintage >>
Since we already know the 2006-w was less than that, and we know this is only the 2nd year, it has to be the highest
So do these numbers mean that BOTH years can be winners?
Go get um.....
<< <i>I got 10 off the bay at 26.00 each. There are still some on the bay for cheap. >>
The exact reason I bumped my prices when I saw this thread, I remember last year how quick the 2006W went up.
Fighting the Fight for 11 Years with the big "C" - Never Ever Give Up!
Member PCGS Open Forum board 2002 - 2006 (closed end of 2006) Current board since 2006 Successful trades with many members, over the past two decades, never a bad deal.
just look at the pricing on the 96 bullion issue at 6x the mintage of the 07W
even if this coin sells in the 40-60 range, thats a great return over Mint Issue Price......
now its time to get busy with the 07W plats......
The 2006-W uncirculated ASE's were split among the 3-coin ASE 20th Anniversary Set (250K), the 2-coin Gold and Silver 20th Anniversary Set (20K), and the single coin offering (about 200K). Total is about 470K.
The 2007-W uncirculated ASE's - all 500K or more - were issued as single coin offerings.
I think this fact will make the 2006-W ASE much more in demand than the 2007-W, even though the total mintage is only slightly less. Many collectors of the W uncirculated series will want the original single-coin packaging, which is much scarcer for the 2006-W. In addition, collectors of the 20th Anniversary sets will need the 2006-W (as part of the sets) but may not be interested in obtaining the later years.
Total mintage will not be the only factor influencing prices of the two coins. The 2006-W should obtain additional benefit from having more sources of demand.
My opinion only.
My Adolph A. Weinman signature
<< <i>The 2006-W uncirculated ASE's were split among the 3-coin ASE 20th Anniversary Set (250K), the 2-coin Gold and Silver 20th Anniversary Set (20K), and the single coin offering (about 200K). Total is about 470K.
The 2007-W uncirculated ASE's - all 500K or more - were issued as single coin offerings.
I think this fact will make the 2006-W ASE much more in demand than the 2007-W, even though the total mintage is only slightly less. Many collectors of the W uncirculated series will want the original single-coin packaging, which is much scarcer for the 2006-W. In addition, collectors of the 20th Anniversary sets will need the 2006-W (as part of the sets) but may not be interested in obtaining the later years.
Total mintage will not be the only factor influencing prices of the two coins. The 2006-W should obtain additional benefit from having more sources of demand.
My opinion only. >>
It just figures that they are now off sale.
Did anyone notice that the 07 Proof Buffalo Gold is also gone? Any guess on that?
Uncirculated Silver Eagle Mintages 1986-2006. Source: US MINT
1986 5,393,005
1987 11,442,335
1988 5,004,646
1989 5,203,327
1990 5,840,110
1991 7,191,066
1992 5,540,068
1993 6,763,762
1994 4,227,319
1995 4,672,051
1996 3,603,386
1997 4,295,004
1998 4,847,549
1999 7,408,640
2000 9,239,132
2001 9,001,711
2002 10,539,026
2003 8,495,008
2004 8,882,754
2005 8,891,025
2006 10,676,522
2006-W 470,000 (according to Numismatic News)
2007 7,162,500 (as of 11/07 according to: US MINT)
2007-W 549,614 (as of 11/17/07 according to:Numismatic News)
I notice an interesting comparison in the figures above. For the bullion ASE's, the mintage for the scarcest date (1996) is about 15% lower than the mintage of the next scarcest date (1994). The price difference, however, is large. The 1996 goes for about three times the price of the 1994. In fact, the 1994 is priced only a few dollars higher than common dates.
Using the numbers above, the 2006-W appears likewise to be about 15% scarcer than the 2007-W. While the situations are not identical, I don't think it can be automatically assumed that the 2007-W will approach the price of the 2006-W just because the mintages are similar.
Overall demand for the burnished "W" coins will probably not be identical to demand for the bullion versions. Many collectors may continue to collect ASE's by date and ignore the mintmarked collector versions.
My opinion only.
My Adolph A. Weinman signature
Proof ASE demand seems to be "right" at about 900K-1mm coins, if I were to take an educated guess, there are probably at least 750K collectors.
Those same collectors will have a couples big "holes" in thier albums to fill - the 06W and 07W, as the USM has set collecting by date/mm/finish in motion with these "W" eagles.
What makes you say that? No chance they held back some in reserve for the dollar sets they promised collectors in that interview with Coin World?
Last month, I sent all 4 of my 2007-W's back -- too many dings like coin-ejection marks on the K12 reverse rim, and other noticeable flaws. Am/was really hoping to try again with the dollar sets! Oh well...