2010 American Gold Proof Eagles(and fractionals) go on sale October 7th....Buyers, post your order #

Goldbully

I'm undecided at this juncture. What say you??

2010 Proof AGE

Why is there no mention of the 'W' mintmark????

US Mint Link

MilesWaits

Assuming the Buchanans remain on sale on that date, I will make mucho room on my CC for the fine acquistion of very many Proof Gold Eagles, Bully!

Really, what is the downside?? I hope the price of gold holds under $1300 till then.

Miles

Type2

My poor CC will be smoking.

fivecents

Ya. I might melt some plastic myself on Oct 7th.

MsMorrisine

I'm in.

I'm confident that a proof AGE will have the W mint mark.

MsMorrisine

Mint's Press Release

I don't see a household limit, and do not expect this to be a hot flip due to the amount of AGEs they will produce this year.
(although profits may be had on 70s)

Classof67

I'm in for a few, got the CC all polished up and ready to go!

sebrown

If no ordering limits, I'm in for 2ea 4-coin sets and 2 single 1-Oz'ers.

sebrown

<< <i>Mint's Press Release

I don't see a household limit, and do not expect this to be a hot flip due to the amount of AGEs they will produce this year.
(although profits may be had on 70s) >>



Oh, just read no order limits from link. Thanks!

derryb

<< <i>Mint's Press Release

I don't see a household limit, and do not expect this to be a hot flip due to the amount of AGEs they will produce this year.
(although profits may be had on 70s) >>



looking at press release, product limit on the half ounce seems to be an error. should be 15k. Also, a bit confused about the 6k mintage limit on the tenth ouncer?

NitroCruiser

It's gonna be pricey.


BTW MM what's up with the bald or partially bald women avatars? Inquiring minds want to know.

revoldlog

<< <i>

<< <i>Mint's Press Release

I don't see a household limit, and do not expect this to be a hot flip due to the amount of AGEs they will produce this year.
(although profits may be had on 70s) >>



looking at press release, mintage limit on the half ounce seems to be an error. 39k plus 5k is 44k not the published 54k. Also, a bit confused about the 6k mintage limit on the tenth ouncer? >>



According to other sources, the single 1/2 Oz limit is 15K, which makes the total = 15+39 = 54K.
So either way, the Mint made a mistake in their press release.
The number for 1/2 Oz should either be:
1. 5K + 39K = 44K
2. 15K + 39K = 54K

I am more inclined to believe the 5K is a typo.

Ciccio

From: http://mintnewsblog.blogspot.com/

"The 4 Coin Sets will be limited to 39,000 units.
Individual options will be limited to 25,000 one ounce coins,
15,000 one half ounce coins,
16,000 one quarter ounce coins,
and 27,000 one tenth ounce coins."

5K must definitely be a typo.

Akbeez

DELETED redundant.

We'll see -- mintages seem a bit high...

MsMorrisine

<< <i>It's gonna be pricey.


BTW MM what's up with the bald or partially bald women avatars? Inquiring minds want to know. >>




Typo?

Check the product limit for 1/10th ounce: 27,000 but the mintage limit is only 6,000? (Try 66,000) There's a couple of errors there. Haven't they learned to use cell addition in Excel?



As for the pictures, the first run of bald was all the same person. This current one is a different one. Just trying to mix it up some. Offer what they offer: a different definition of attractive.

DrBuster

So what are folks thinking the 4pc set might start at? And is that the best play for single purchase? Or is it as many 1/10ths and 1/4s as you can get?

mikeyg

dont know if I can get a set.If not 1/2 and 1/4 proofs will be doable.

GAT

I pass, see no potential here. Guess there will never be another 2008.

derryb

My order of preference:

1 oz. (highest IRA demand, lowest per oz. cost)
1/2 oz. (lower mintage)
1/4 oz. (cool size)
4 coin set (because they contain the least desireable 1/10 oz.)
1/10 oz. (highest per oz. cost)

renman95

I'm out....too many in comparison to previous proof AGE's.

ChrisRx

I guess I don't see where the "demand" is... but I have been shocked before on an occasional feebay auction.

Goldbully

<< <i>Assuming the Buchanans remain on sale on that date, I will make mucho room on my CC for the fine acquistion of very many Proof Gold Eagles, Bully!

Really, what is the downside?? I hope the price of gold holds under $1300 till then.

Miles >>



Miles, you always seem to know which moderns to buy.....Rule #1, must be GOLD of course!!!

ColonelJessup

How long do you expect to hold? Phrased differently "How long do you expect the promotion to last".

Goldbully

Proof Eagles on the Way
By Numismatic News
September 16, 2010

Proof gold American Eagle coins with the 2010 date are being struck by the U.S. Mint to be sold to collectors October 7, the Mint has confirmed.

No decision has yet been made about production of proof silver American Eagles. The Mint has asked Congress to authorize it to take up to two million silver blanks for proof Eagle production each year, but the Congress has not yet acted.

Under present law by the Mint’s legal interpretation, all silver blanks it buys must be coined into silver American Eagles and sold to investors through its authorized distributors as long as demand exists.

However, demand from investors has begun to ease and on Sept. 3, rationing of supplies of standard American Eagles to investors ended.

There is some question, with the end of rationing, whether enough silver planchets can be gathered in time to offer proofs to collectors this year.

No such problem exists with gold. Investors have been taking fewer coins than the Mint can supply.

Maximum mintages for the proof gold American Eagle coins have been set this year at levels slightly higher than what prevailed in 2008, the most recent prior year of issue, but in that year collectors did not buy all of the coins available.

For the 2010 issues, collectors will be able to buy up to 25,000 one-ounce coins individually and another 39,000 in four-coin sets, for a total of 64,000. That is up from a possible 60,000 in 2008, though only half, 29,399, were sold that year individually and in sets combined.

In addition to the 39,000 in the four-coin set option, collectors will be able to buy another 15,000 2010 half-ounce proofs, 16,000 quarter-ounce proofs and 27,000 tenth-ounce proofs individually for total maximum mintages in 2010 of 54,000, 55,000 and 66,000, respectively, as compared to 2008 ceilings of 50,000, 51,000 and 65,000.

The Mint increased the maximum number of four-coin sets to 39,000, up from the 35,000 in 2008. In 2008 only 13,072 four-coin sets were actually purchased.

Prices for the 2010 proofs have not yet been set by the Mint.

NN Link

pf70collector

I won't be buying.

7over8

waiting on the silver proofs

OPA

<< <i>I won't be buying. >>



Same here ... waiting on the "hockey pucks"

MilesWaits

Forgot about the five ouncers! More room, must make more room.

Oh well, let the CC cry like a young girl running from the bees nest.......I gotta feel the burn like it's 2008, again!'

Miles

Raufus

Undecided. These will be high-mitage AGE Proofs. Of course, so were the 2009 W Plat proofs which I passed on for the same reason and now very much regret.

MilesWaits

Well, here is the link for the 2010 AGE Fracs and Set.

I am leaning towards the halfs for mintage numbers and the tenths for mine and others high premium opportunity.

Miles

MsMorrisine

<< <i>Undecided. These will be high-mitage AGE Proofs. Of course, so were the 2009 W Plat proofs which I passed on for the same reason and now very much regret. >>




but there was no platinum bullion to be had... unlike these.

of course, if enough flippers stay away, there may be a tiny bit of room for profit on eBay.

Goldbully

<< <i>Well, here is the link for the 2010 AGE Fracs and Set.

I am leaning towards the halfs for mintage numbers and the tenths for mine and others high premium opportunity.

Miles >>



Damn Miles , you are the man....could not find the official Mint pricing on these 2010 AGE's to save my life!!!
Quite pricey I must say!!!

MilesWaits

Yes they are Bully!!

Although, I see the half ounce common year goes for $860 and the One Ouncer goes for $1700 at APMEX.

I wonder what the current buy price wholesale is for the AGE Proofs??

Miles

RedHerring

<< <i>I wonder what the current buy price wholesale is for the AGE Proofs?? >>



A lot lower than the APMEX sell price.

Last I checked it was $1550 for a 1oz raw GAE proof w/OGP. The 1/2ozs have to be close to $800 bid.

pitboss

They are too expensive for me.

stockergreen

Gonna have to pass.

Goldbully

I want the 4 pc. set badly......but, my pockets are just not deep enough at this time.
Who would have thought gold would be at $1350????

mbogoman

Gonna pass, too. Instead I plan to buy three rolls of pucks - one roll each of Yosemite, Grand Canyon and Jellystone. I'm hoping that the extra detail on these larger boys makes them the surprise hit of the year.

Goldbully

I can't even login to the MINT!!!!

edited to add: Looks like the mint is gettin' hit on this issue....as always!!

dpoole

Got in at noon.

35462XXX

DrBuster

Got in right when it turned on. Could tell there was some pounding going on.

I'm over 600 higher on order # than dpoole.

1 1/4
1 1/10

Goldbully

Judging by the lack of forum 'chatter' on this issue, not much interest in this golden buy!!!

mikeyg

Me too.1207pm walked right in and got my half and quarter.Thought that everyone forgot about them.

segoja

22 oz ordered + a few more from the parents address

in by 12:07

this one will be a no brainer. You won't get rich, but why not use the mint's money for 45 days. not often you get to use their money to make money

CoinCrazyPA

I am undecided, if gold comes down in the next week we can save like on the Platinum's. But as one member posted in that forum the early bird gets top dollar on FS's. So what to do?

Type2

Order comfermtions are still coming in 1 is XXXX2387 most are 1/10 Oz. You know how it works 1st strike never opened box.

Goldbully

Anyone else buy today????

tincup

The silence is deafening.... guess nobody likes these anymore..... either that or they are saving their ammo for the hockey pucks and Lincoln gold spouse...

COINB0Y

I got 4 1/2's and a 1 ounce, but not a truck load. No way.

I feel like I am buying from a Gold Company that advertises on The Al Franken Show

shovel

I ordered 4 1/4 oz. Delivery in 1 or 2 weeks

MsMorrisine

<< <i>Anyone else buy today???? >>




buying mine tomorrow.

1 set of 4 coins.

that is it.