When will proof plats go dark?

GritsMan

I am astonished not a single one of these has gone dark. They must have seriously misjudged demand this year--that and all the money is being sucked up by the unc-ws and buffalos right now. I still believe the '08 proofs will be the New Kings of the series, though it may not be by much if the Mint is sitting on as many of these as it appears.

ttown

I don't they stay low there will be a rush to buy them before June of next year. Right now everyone is putting there monies on either the fractional buff (UNC and Proof) or the UNC Plat's that are gone for good. There's only so much money that can be spent by most and they have to focus on what they really want right now.

groht5

The mintages will be high because they probably did a full production run...they will sale until June most likely.

groht5

Guys...you may not want to hold a lot of these coins unless you are truly a GAMBLER....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.