2007 10th Anniversary Platinum set selling for a whopping $4,999.00.
YaHa
Posts: 4,220 ✭
I thought this was funny so I will share, I was watching my tivo and viewed The Coin Collector from last night. Mike Mizak was telling the story about these coins which are the 2007 reverse proof and proof $50 Platinum coins 10th anniversary set from the U.S. mint. Anacs First Day of issue 70/70.
Mike said that the mint has stop selling these coins because of the Platinum prices. Mike stated that there were only 25,000 coins to be minted in the first place, but he thinks only 1,000 sets were sold. A 1,000 sets? He then stated he has only 95 sets graded by Anacs in grades of 70 the top grading company of the food chain, there are no 71 or 72 people, grade 70 is the best.
Let me remind you out there, Only about 3% of people in the U.S. will be able to ever buy or handle platinum because of it's scarcity..
The price is $4,999.00 this is a special price and they did not raise the price because of the rise in Platinum prices. He compared this set to the 10th anniversary eagle set Gold/Silver in 1995, he said if you have $40,000 you might be able to buy one if you can find them.
But as he understands the mint will probably never release this set of 2007 platinum 10th anniversary coins again. This is probably the rarest Reverse proof release today.
Why aren't these guys held accountable for fraudulant statements? How in the world can he say there were approx, 1,000 of these sets released before the mint pulled them. Where do they get there information. I know there were at least 1,001 sets sold.
Mike said that the mint has stop selling these coins because of the Platinum prices. Mike stated that there were only 25,000 coins to be minted in the first place, but he thinks only 1,000 sets were sold. A 1,000 sets? He then stated he has only 95 sets graded by Anacs in grades of 70 the top grading company of the food chain, there are no 71 or 72 people, grade 70 is the best.
Let me remind you out there, Only about 3% of people in the U.S. will be able to ever buy or handle platinum because of it's scarcity..
The price is $4,999.00 this is a special price and they did not raise the price because of the rise in Platinum prices. He compared this set to the 10th anniversary eagle set Gold/Silver in 1995, he said if you have $40,000 you might be able to buy one if you can find them.
But as he understands the mint will probably never release this set of 2007 platinum 10th anniversary coins again. This is probably the rarest Reverse proof release today.
Why aren't these guys held accountable for fraudulant statements? How in the world can he say there were approx, 1,000 of these sets released before the mint pulled them. Where do they get there information. I know there were at least 1,001 sets sold.
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<< <i>Wow. Do they think that all coin collectors are complete retards? >>
Well, they are not selling to collectors, per se.
Recipient of the coveted "You Suck" award, April 2009 for cherrypicking a 1833 CBHD LM-5, and April 2022 for a 1835 LM-12, and again in Aug 2012 for picking off a 1952 FS-902.
10th Anniversary Platinum Eagle Limited Edition 2-Coin Set Includes:
2007 PR70 10th Anniversary $50 Platinum Eagle
2007 RP70 10th Anniversary $50 Platinum Eagle
Oak window box - measures approx. 9-3/8"L x 7-1/2"W x 3-1/4"H
Product Features:
Collector versions of the official United States Mint Platinum Bullion coins
Features Lady Liberty on the obverse, a symbol of vigilance and resolute faithfulness to duty
Proof coin was struck at least twice on highly polished coin blanks to bring out the mirrored background and high-relief images
Reverse proof coin is the same as proof, only the coin has a mirrored images and high-relief background
Graded PR70 and RP70 - proof and reverse proof coins with the highest possible grading of 70
Measure approx. 1.06" in diameter each
Each coin contains approx. 1/2 oz. of platinum
0.9995 pure platinum
First Day of Issue
Limited edition sets: 97
Encapsulated
Click the "Customer Reviews" Tab
HSN Link
<< <i>Wow. Do they think that all coin collectors are complete retards? >>
No, just the ones who buy from HSN and Crime Vault
Fred, Las Vegas, NV
<< <i>
<< <i>Wow. Do they think that all coin collectors are complete retards? >>
No, just the ones who buy from HSN and Crime Vault >>
Sombody that has $5,000 to spend on a 10th anniversary set graded by ANACS is definetly not retarted. Misinformed or clueless, but not retarded