with a 30,000 limit, can they sell these into 2008 if not sold out in 2007 ? >>
I think they would have to Mint them all in 2007 to be able to sell them after the end of the year. I think they will sell about 15,000- 20,000 the first week. >>
And the Mint will ship 15K-20K at the same time so all can qualify for FS >>
Possibly, but since most of the bulk purchasers don't submit to PCGS, I think the First Strike® pouplation will be fraction of the total sets that would qualify for the designation.
Never teach a pig to sing. You'll waste your time and annoy the pig
<< <i>Nope but I may try and pick up a reverse proof off the bay. The 1/2 proof is a bullion coin since they're be more of them then any year. >>
I think the Proof 10th anniversary coin will sell at a premium over the regular Proof half since alot of sets will be opened and become ineligible for the 10th anniversary pedigree on the Proof.
Never teach a pig to sing. You'll waste your time and annoy the pig
<< <i>Nope but I may try and pick up a reverse proof off the bay. The 1/2 proof is a bullion coin since they're be more of them then any year. >>
I think the Proof 10th anniversary coin will sell at a premium over the regular Proof half since alot of sets will be opened and become ineligible for the 10th anniversary pedigree on the Proof. >>
Same coin just a different label and that game is falling apart fast the 2006 W UNC first stikes aren't all that hot and are starting to bring little over non-first stike coins. Buy the coin not the label. I not even hot on items like the low grade silver dollars such as the Binnion collection, people will wake up as money gets tight and won't pay more for the same exact coin.
It would be nice for PCGS to confirm. they are offering a special label for set, before sales begin. This may matter to some on their choice to buy or not.
<< <i>Nope but I may try and pick up a reverse proof off the bay. The 1/2 proof is a bullion coin since they're be more of them then any year. >>
I think the Proof 10th anniversary coin will sell at a premium over the regular Proof half since alot of sets will be opened and become ineligible for the 10th anniversary pedigree on the Proof. >>
Same coin just a different label and that game is falling apart fast the 2006 W UNC first stikes aren't all that hot and are starting to bring little over non-first stike coins. Buy the coin not the label. I not even hot on items like the low grade silver dollars such as the Binnion collection, people will wake up as money gets tight and won't pay more for the same exact coin. >>
Just like in the 20th Anniversary gold set, I think the 70 graded Proof population with the anniversary pedigree will be much smaller than the Reverse Proof 70 population and will be the key to those looking for a perfect anniversary set and will sell for a premium over the label without the anniversary pedigree.
Never teach a pig to sing. You'll waste your time and annoy the pig
I'd love to have a set just to have them for me. December is such a crummy time of the year for me to buy such coins, though. Given that the mintage got upped, I'm going to pass on them this time. If they dont go too high, I might try to get them later next year.
The regular 1/2 oz first strike proof coin is listed at 5000$ in the PCGS price guide for first strike. So if this gets special label (which I don't see how they couldn't) this set has high high potential for a perfect set. 25 HRs
<< <i>The regular 1/2 oz first strike proof coin is listed at 5000$ in the PCGS price guide for first strike. So if this gets special label (which I don't see how they couldn't) this set has high high potential for a perfect set. 25 HRs >>
It would be cool to put my 2006 PCGS 10th Anniversary platium coin next to a 2007 PCGS 10th Anniversary platinum coin.
"I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.
all i know is i will have one and with what happened to the 10th ann. silver set in 1995, i will take my chances shell out the $2000 and hope it jumps to $4-5000. with what the 20th ann. did who knows...
I am on the fence, this is not what I normally buy but wish I had the gold 10th anniv set. I just dont want to miss out and then not be able to afford it long term.
Most seem to commit to buying 1 set either for personal collection or for reselling. The Mint was smart to increase the quantity minted because eventually most if not all of 30K sets will be sold.
I was on the fence on this. I was thinking of buying a classic with the money but now have decided to buy one set for my collection. One per household won't cause a huge premium in the aftermarket is my opinion. All collectors will have an equal shot but these will be sent to PCGS for First Strike with True View. Guess I will have to send it blindly sealed if I can get them in the first 30 days. These will be minted to demand and I am just guessing the mint will not have all 30,000 sets initially to ship within the first 30 day window. Good luck to all tommorow who are purchasing for their collection.
OK, I need a little help as a newbie. I think this may be a good choice to buy. If I buy a set, what is the best thing to do with it? From reading I think you have to buy it, have it shipped to your house, then if it's available, ship it to PCGS for grading while still sealed in the box to get a set type. Then hope you got 70's but likely 69's and hopefully not worse? So you can't open the box and look at them before submitting them if you want a set label of First Strike? I know that may not make a difference, but if I'm going to submit it, then why not get it as a set and first strike if it costs the same as regular?
So you pay for shipping, then again to send it to be graded, then again to get it returned plus grading. What will you expect to pay for one set graded by the time they are slabbed? $2100? 2 1/2 oz regular is about $1750. This adds the set and a reverse proof for less than 1/8th of the price or 25% if you take in to account that only 1 of the coins is really more special than normal. I think the odds are good that it will go up, but might get a set on the bay early if it's around $2100 to $2200. Is that even realistic?
lol.. it's 9g from hsn for ICG and 9g from "coin vault" SatH for 9g for NGC. PCGS, are you using the special label for sealed sets sent in unopened? THX to you for letting us know.:<
You can open the set and still send in the reverse proof only not the regular proof to get the FS and Anniversary Designation. If you want to inspect the coins first. If opened this voids the regular proof 10th Anniversary Label.
I think PCGS will announce their guidance shortly. In case they haven't I still think it's a good idea to order when they first become available. You can always cancel your order or in the worst case, return it within 30 days.
Never teach a pig to sing. You'll waste your time and annoy the pig
<< <i>I think PCGS will announce their guidance shortly. In case they haven't I still think it's a good idea to order when they first become available. You can always cancel your order or in the worst case, return it within 30 days. >>
or worse case send it to the other tpg (NGC). Why does it seem as if they are always ahead on special labels and announcements.
Hello Everyone, I'm a little late to this party but here is my take on these coins.
Too high of a mintage and a poor design on the reverse. The flippers that get in and out quick may make a few dollars. I also predict it will take at least a week to sell out if it even does. Good luck to you risk takers.
SPECIAL INSTRUCTIONS FOR SUBMITTING PLATINUM 10TH ANNIVERSARY EAGLES TO NGC
In celebration of the 10th Anniversary of the Platinum American Eagle Bullion Program, the US Mint is issuing a special commemorative set. The Mint will be selling a limited edition two-coin platinum set. This set includes a proof 2007 W $50 Platinum American Eagle and, for the first time in the history of the program, a reverse proof 2007 W $50 Platinum American Eagle.
Coins from these sets will be pedigreed as EAGLE 10TH ANNIVERSARY. A special NGC commemorative label will also be available. Because the regular proof version of this coin is available individually from the US Mint, special instructions must be followed in order for coins to qualify for this pedigree. Coins must remain in the sealed shipping boxes used by the US Mint, and the entire unopened package must be forwarded on to NGC for certification. NGC must open these boxes in order for the coins to qualify for the EAGLE 10TH ANNIVERSARY. The reverse proof version does not require this special handling, and will be eligible for the EAGLE 10TH ANNIVERSARY label and pedigree even if submitted without its original packaging.
US Mint coin boxes and certificates will be returned to the submitters. Note that the Mint’s shipping boxes are not returned.
Additionally, these coins must be submitted using the Modern Special Tier or higher level service, and submitters requesting this designation and special label must submit these coins on their own submission invoice. The five coin minimum for Modern Special Tier will be waived for submissions of Platinum 10th Anniversary Eagles, and the 10th Anniversary coins cannot be mixed with other coins to qualify for this pedigree.
Submissions of Platinum 10th Anniversary Eagles must be sent to the NGC offices in Sarasota, FL. Due to the special handling requirements, NGC will not accept submissions of these sets at trade shows.
UPDATE UPDATE. PCGS according to another thread will not give special 10th anniversary designation to these coins. They will give first strike to enhanced proof but not the regular proof. Does this change your opinions on whetherto get the set now? I think I may have to send to NGC now?? I am, what are you guys gonna do?
I'm sorry, but because they had to go and put 10th anniversary labels on the coins last year and now that the US MINT is annoncing the "official" 10th anniversary set. PCGS really needs to do something to fix this problem and do it fast!!
<< I'm sorry, but because they had to go and put 10th anniversary labels on the coins last year and now that the US MINT is annoncing the "official" 10th anniversary set. PCGS really needs to do something to fix this problem and do it fast!![/q
PCGS put the 20th Anniversary logo on the Silver Eagles from 2005. Then the Mint issue the "official" 20th Anniversary sets. PCGS again designated these as 20th Anniversary issues. PCGS will come around on these Platinum Anniversary issues
"What we are never changes, but who we are ... never stops changing."
No way, I'll wait until I can pick them up on the Coin Vault, the stretch pay has me sold.
Sure, we want to go home. We want this war over with. The quickest way to get it over with is to go get the bastards who started it. The quicker they are whipped, the quicker we can go home. - General George S. Patton
<< <i>$2,000 for $1500 worth of platinum? That is a pretty expensive box!
I think I will wait and pick up a set at bullion price. >>
So the die makers and press operators and all the other folks there work for free? The mint can turn bullion metal into coins with no additional cost or work?? >>
It certainly doesnt cost them $250 per coin to manufacture. >>
True, but then again how many businesses do you know of that sell at cost? Does PCGS grade coins at cost? Does Ford sell vehicles at cost? Isn't the mint allowed to markup for some profit? How are you in a position to know or say what is a fair markup? If the mint has make several purchases of platinum to fill orders they may end up buying some at higher prices and they will likely just absorb the increased cost. >>
You seem to be completely oblivious to the fact that the mint is a government operation (hint: usmint.gov). They aren’t interested in what its costs to produce anything. They will just raise taxes to cover loses.
Comments
<< <i>
<< <i>Or a thalidamide baby! >>
>>
Wow, you just never know who is gonna say something stupid!
I will be watching like everybody else though!
<< <i>
<< <i>
<< <i>thanks, FLBuffaloHunter
with a 30,000 limit, can they sell these into 2008 if not sold out in 2007 ? >>
I think they would have to Mint them all in 2007 to be able to sell them after the end of the year. I think they will sell about 15,000- 20,000 the first week. >>
And the Mint will ship 15K-20K at the same time so all can qualify for FS >>
Possibly, but since most of the bulk purchasers don't submit to PCGS, I think the First Strike® pouplation will be fraction of the total sets that would qualify for the designation.
Just kidding.
Overpriced and at Christmas, it might be an ultra sleeper. Now where can I get a spare $2 k
<< <i>Overpriced and at Christmas, it might be an ultra sleeper. Now where can I get a spare $2 k >>
If you think that is bad, wait until the Mint announces the pricing for the 2008 bullion collectibles
<< <i>Nope but I may try and pick up a reverse proof off the bay. The 1/2 proof is a bullion coin since they're be more of them then any year. >>
I think the Proof 10th anniversary coin will sell at a premium over the regular Proof half since alot of sets will be opened and become ineligible for the 10th anniversary pedigree on the Proof.
<< <i>
<< <i>Nope but I may try and pick up a reverse proof off the bay. The 1/2 proof is a bullion coin since they're be more of them then any year. >>
I think the Proof 10th anniversary coin will sell at a premium over the regular Proof half since alot of sets will be opened and become ineligible for the 10th anniversary pedigree on the Proof. >>
Same coin just a different label and that game is falling apart fast the 2006 W UNC first stikes aren't all that hot and are starting to bring little over non-first stike coins. Buy the coin not the label. I not even hot on items like the low grade silver dollars such as the Binnion collection, people will wake up as money gets tight and won't pay more for the same exact coin.
<< <i>
<< <i>
<< <i>Nope but I may try and pick up a reverse proof off the bay. The 1/2 proof is a bullion coin since they're be more of them then any year. >>
I think the Proof 10th anniversary coin will sell at a premium over the regular Proof half since alot of sets will be opened and become ineligible for the 10th anniversary pedigree on the Proof. >>
Same coin just a different label and that game is falling apart fast the 2006 W UNC first stikes aren't all that hot and are starting to bring little over non-first stike coins. Buy the coin not the label. I not even hot on items like the low grade silver dollars such as the Binnion collection, people will wake up as money gets tight and won't pay more for the same exact coin. >>
Just like in the 20th Anniversary gold set, I think the 70 graded Proof population with the anniversary pedigree will be much smaller than the Reverse Proof 70 population and will be the key to those looking for a perfect anniversary set and will sell for a premium over the label without the anniversary pedigree.
-David
<< <i>Not me. I want more from a coin with such a huge premium over melt.
When recession hits, Pt will go down anyway. If I change my mind and want one, I'll get it cheap. >>
Hmmm ................remember the Silver 2006 Anniv set ???... ..how it was panned for such a large mintage
25 HRs
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<< <i>The regular 1/2 oz first strike proof coin is listed at 5000$ in the PCGS price guide for first strike. So if this gets special label (which I don't see how they couldn't) this set has high high potential for a perfect set.
25 HRs >>
It would be cool to put my 2006 PCGS 10th Anniversary platium coin next to a 2007 PCGS 10th Anniversary platinum coin.
It would be cool to put my 2006 PCGS 10th Anniversary platium coin next to a 2007 PCGS 10th Anniversary platinum coin.
yes it would.
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modern crap....
WH
Box of 20
So you pay for shipping, then again to send it to be graded, then again to get it returned plus grading. What will you expect to pay for one set graded by the time they are slabbed? $2100? 2 1/2 oz regular is about $1750. This adds the set and a reverse proof for less than 1/8th of the price or 25% if you take in to account that only 1 of the coins is really more special than normal. I think the odds are good that it will go up, but might get a set on the bay early if it's around $2100 to $2200. Is that even realistic?
<< <i>I'm going to wait and buy it from the Coin Vault for $9000 graded Proof 70 by ICG.
Damn, that was my idea
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Box of 20
Wondercoin
<< <i>I think PCGS will announce their guidance shortly. In case they haven't I still think it's a good idea to order when they first become available. You can always cancel your order or in the worst case, return it within 30 days. >>
or worse case send it to the other tpg (NGC). Why does it seem as if they are always ahead on special labels and announcements.
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I'm a little late to this party but here is my take on these coins.
Too high of a mintage and a poor design on the reverse. The flippers that get
in and out quick may make a few dollars. I also predict it will take at least a
week to sell out if it even does.
Good luck to you risk takers.
http://www.ngccoin.com/news/viewarticle.aspx?IDArticle=936
SPECIAL INSTRUCTIONS FOR SUBMITTING
PLATINUM 10TH ANNIVERSARY EAGLES TO NGC
In celebration of the 10th Anniversary of the Platinum American Eagle Bullion Program, the US Mint is issuing a special commemorative set. The Mint will be selling a limited edition two-coin platinum set. This set includes a proof 2007 W $50 Platinum American Eagle and, for the first time in the history of the program, a reverse proof 2007 W $50 Platinum American Eagle.
Coins from these sets will be pedigreed as EAGLE 10TH ANNIVERSARY. A special NGC commemorative label will also be available. Because the regular proof version of this coin is available individually from the US Mint, special instructions must be followed in order for coins to qualify for this pedigree. Coins must remain in the sealed shipping boxes used by the US Mint, and the entire unopened package must be forwarded on to NGC for certification. NGC must open these boxes in order for the coins to qualify for the EAGLE 10TH ANNIVERSARY. The reverse proof version does not require this special handling, and will be eligible for the EAGLE 10TH ANNIVERSARY label and pedigree even if submitted without its original packaging.
US Mint coin boxes and certificates will be returned to the submitters. Note that the Mint’s shipping boxes are not returned.
Additionally, these coins must be submitted using the Modern Special Tier or higher level service, and submitters requesting this designation and special label must submit these coins on their own submission invoice. The five coin minimum for Modern Special Tier will be waived for submissions of Platinum 10th Anniversary Eagles, and the 10th Anniversary coins cannot be mixed with other coins to qualify for this pedigree.
Submissions of Platinum 10th Anniversary Eagles must be sent to the NGC offices in Sarasota, FL. Due to the special handling requirements, NGC will not accept submissions of these sets at trade shows.
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PCGS put the 20th Anniversary logo on the Silver Eagles from 2005. Then the Mint issue the "official" 20th Anniversary sets. PCGS again designated these as 20th Anniversary issues. PCGS will come around on these Platinum Anniversary issues
<< <i>No way, I'll wait until I can pick them up on the Coin Vault, the stretch pay has me sold.
Mint price=1995. SatH = 5 pay of 1999. what a deal for a 70 set. Remeber these are interest free flex payments.:<
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<< <i>We need submission "guidance" and we need it fast from PCGS!!
Wondercoin >>
you all posted way back you were looking the PLAT set to buy at MELT ++ 15 %............................... Hohoho
<< <i>picking up one to look at , I already have some one who will take it off my hands.... >>
Only if it is at melt................. Hohohoho
poor choice.....
how about letting us include a $50 2007-W Unc PLAT to make it a real three coin set?
<< <i>
<< <i>
<< <i>
<< <i>$2,000 for $1500 worth of platinum? That is a pretty expensive box!
I think I will wait and pick up a set at bullion price.
So the die makers and press operators and all the other folks there work for free? The mint can turn bullion metal into coins with no additional cost or work?? >>
It certainly doesnt cost them $250 per coin to manufacture. >>
True, but then again how many businesses do you know of that sell at cost? Does PCGS grade coins at cost? Does Ford sell vehicles at cost? Isn't the mint allowed to markup for some profit? How are you in a position to know or say what is a fair markup? If the mint has make several purchases of platinum to fill orders they may end up buying some at higher prices and they will likely just absorb the increased cost. >>
You seem to be completely oblivious to the fact that the mint is a government operation (hint: usmint.gov). They aren’t interested in what its costs to produce anything. They will just raise taxes to cover loses.
<< <i>One for me, one for ModernCoinMart. >>
what is ModernCOInMart paying ?