On page 383 is a post that Westminster Mint is selling sets for $1550. Also note that some who ordered from MTB and AMark still have not received their sets, not to mention I believe nobody has received a set from Fidelitrade yet. So there's a lot more supply still to come. I'm fairly certain we'll be seeing $1200/set soon.
Does anybody know for NGC when it says Early Release deadline Monday February 14, 2011 would arriving on Monday work, or would they need a day or two to process them. My Fidelitrade ATB's are going to ship Super Saver Tuesday and I figure they will be here Friday of next week. I will then overnight them to NGC to arrive on Monday 2/14/2011.
I want to keep my Amark ones with PCGS, but since Fidelitrades don't save me money on the First Strike labeling I might as well try my luck with NGC as well.
Almost all PCGS 69s are from two sellers. I wonder how many sets they had to pick from. You'd think that with only two sellers selling them they'd space them out more. I think that they're driving their own prices down.
a little tip for all these folks who think their coins are 'perfect'....take them outside and look at them in sunlight. I did that and it showed up a lot of scratches and haze that didn't show up inside.
Great BST experiences: abitofthisabitofthat, silvercoinsdude, gerard, coinfame, mikescoins, wondercoin
Of all the AP's who have offered these for sale so far what is the best price? Does anyone know how many of the 33,000 sets have been sold from the AP's or how many are left to be offered for sale?
Original APMEX, about $860 delivered. No idea how many total sold/left. Several APs have not sold yet some (i.e., DG) say that they have not yet sets from them show up on Ebay.
The 5oz Pucks now have a spot in the PCGS Price Guide. MS63 values only..... and at $350 and that includes the First Strike. No doubt due to their A-Mark BU slabbing.
<< <i>Almost all PCGS 69s are from two sellers. I wonder how many sets they had to pick from. You'd think that with only two sellers selling them they'd space them out more. I think that they're driving their own prices down. >>
Or they want to get out before the coins from the other APs hit the market.
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
Can any one please let me How much will it cost for the 5oz National Park Silver Coin to be Graded By PCGS with First Strike and NGC with Early Release. 1. Pcgs - (cost per coin and what is the Service i should specify) + (Cost per First Strike)
2. Ngc - (cost per coin and what is the Service i should specify) + (Cost per First Strike)
<< <i>Almost all PCGS 69s are from two sellers. I wonder how many sets they had to pick from. You'd think that with only two sellers selling them they'd space them out more. I think that they're driving their own prices down. >>
I've seen two sellers other than myself who are listing 69s. One's been listing them in the afternoons (PST) and the other in the mornings. IMHO, those listings times are bringing prices down.
<< <i>Almost all PCGS 69s are from two sellers. I wonder how many sets they had to pick from. You'd think that with only two sellers selling them they'd space them out more. I think that they're driving their own prices down. >>
I've seen two sellers other than myself who are listing 69s. One's been listing them in the afternoons (PST) and the other in the mornings. IMHO, those listings times are bringing prices down. >>
How do you see listing times as being the reason prices are being brought down?
My A-Mark coins are on the way to PCGS now. "Regular" $30/coin for grading and no charge for FS since they're already slabbed FS. $8 handling fee + $29.95 return shipping = $187.95 total.
Adding in my $27 shipping to PCGS = $215 total cost or $43/coin.
<< <i>How do you see listing times as being the reason prices are being brought down? >>
I didn't say "the reason," but they're a factor. Auctions generally do significantly better when people are home from work in the evenings, and certain days even do better than others. When people run daytime and morning auctions, they end up setting the market lower.
<< <i>Almost all PCGS 69s are from two sellers. I wonder how many sets they had to pick from. You'd think that with only two sellers selling them they'd space them out more. I think that they're driving their own prices down. >>
I've seen two sellers other than myself who are listing 69s. One's been listing them in the afternoons (PST) and the other in the mornings. IMHO, those listings times are bringing prices down. >>
How do you see listing times as being the reason prices are being brought down? >>
Any auctions that do not end on Sunday night between 7-9pm Eastern time will always bring lower prices.
The worst time to end an auction is in the morning or in the afternoon during the week (if selling). If buying those times are when you will get the deals with so few bidding.
<< <i>Ah yes.... but DO NOT end your listing on Superbowl Sunday!!!!! >>
I'm worried about that too. I didn't want to wait a week to get some auctions going, but I pushed my listings back an hour hoping it wouldn't be too big of a problem.
<< <i>Ah yes.... but DO NOT end your listing on Superbowl Sunday!!!!! >>
Now that's some very sage advice!!
Bummer timing w/respect to the pucks however as they will surely drop a LOT more by the following Sunday and this Sunday is shot for selling due to the Super Bowl.
Wonder what would sell better? BIN or open auction? BIN and one doesn't worry about ending on Superbowl Sunday. Open auction, and, it still shouldn't be an issue if do the auction now or don't do a 3 day tomorrow....
FLIPPERS are now caught in the downdraft of prices.
Can we see sub-1500........absolutely.
IMO, these should sell at 1.5x spot any day of the week for the mintage level--minimum. It will take some time to get the collectors inline to make sure that target stands.
For the meantime, weak hands will be flipping away, they may hit 1200/1300...definitely in the realm of possibility.
But for now, the goose is cooked. Too many sellers. This is a flipper dominated issue.
Not sure why the derision of flippers on this thread. Can you say you have never bought a coin with the intention of flipping it? Cherrypicked a VAM the seller missed? Knew their was a buyer for coin you found? Everyone knows these will drop in the coming weeks - that is just basic supply and demand. The question is, as these start to disappear into the safes and shoe boxes of collectors - where will they be in 6 months to a year?
<< <i>Who do you think the average buyer is on ebay? >>
Easy to spot FLIPPERS a mile away.
Just look at all the NEW MEMBERS on this thread. >>
Not sure if I've reached the necessary number of posts to no longer be considered a newbie by the sage wisdom of those with heavy post counts; but, if not, just as an FYI, I plan on keeping my set.
<< <i>Who do you think the average buyer is on ebay? >>
Easy to spot FLIPPERS a mile away.
Just look at all the NEW MEMBERS on this thread. >>
Not sure if I've reached the necessary number of posts to no longer be considered a newbie by the sage wisdom of those with heavy post counts; but, if not, just as an FYI, I plan on keeping my set. >>
<< <i>Not sure why the derision of flippers on this thread. Can you say you have never bought a coin with the intention of flipping it? Cherrypicked a VAM the seller missed? Knew their was a buyer for coin you found? Everyone knows these will drop in the coming weeks - that is just basic supply and demand. The question is, as these start to disappear into the safes and shoe boxes of collectors - where will they be in 6 months to a year? >>
This "derision" that you are likely seeing is probably due to flippers pumping things up, not being realistic, promoting something only because they want to sell it, having no interest in it other than money, and maybe because they are breaking many rules to do so. Some folks are bragging about having eight, or more sets each. I am sure if you read the thread, you will see the same thing.
So, maybe the derision you are seeing isn't against the normal flipper but moreso against the ones who go overboard and screw others by doing so (folks paying people to line up to buy in person, people adding an "apt number" to an address to get another set, etc).
Hi Long time Lurker first time Poster. Been a long time silver collector. Mostly ASE's I just wanted to post and thank the forum members. Got a APMEX set, but there is no way I would of got a A mark set without the help. Thanks. What finally got me to post was my thoughts on The future value of the coins. I read a lot of of prices going lower ECT.. I disagree I mean my 1996 silver eagles are worth a lot more and they made 3,603,386 of those. How in the world can people think these will not be worth a lot in the future. This my thinking. I see a day 10 years from now when folks have all the years except this first years issue. I would think they would be willing to pay a pretty penny at that time. I am holding my two sets. Just nned to figure out how to submit coins to PCGS. Again thank you guys/gals for all the good info.
Possibly, but let's be honest, it isn't like a person having a relative order one is keeping a 'true collector' from getting one. It took A-Mark12 hours to sell 500 sets. As for the hype, these things have been hyped all year. The feeding frenzy didn't begin until the Mint announced a 33000 mintage - before putting them on sale. This was a perfect storm that, odds are, will never happen again. Immediate upside if you decide to sell, very limited downside if you bought at issue price, and - due to the cluster the distribution was handled - multiple opportunities to acquire a set at issue price if you have the time and the patience...
<< <i>The question is, as these start to disappear into the safes and shoe boxes of collectors - where will they be in 6 months to a year? >>
Therein lies the problem. A FLIPPER dominated issue generally does not result in many being put away or saved for collections - but rather sold as soon as possible - th old PUMP and DUMP.
What collectors like to see is a nice even distribution among real collectors, the larger percentage putting them back, and some trading to develop a two way market. In this fashion, a nice upward trend develops, and usually does better with time, as more and more of the "market sets" get put back by an expanding collector base.
My opinion of these bullion pucks is they are dominated by the FLIPPERS. Probably upwards of 70%+ of available quantities. This is the classic PUMP and DUMP. I think much of the PUMPING is indirectly by the AP's, who under the guise (my opinion) of interpreting the rules, delayed the release to the public, in an orderly fashion, to allow the fenzy in pricing to take hold.
This was further exacerbated by FLIPPERS unfairly categorizing these in the same class as 95W Prf ASE's (where nowhere near the collector base exists in these pucks, not even 5% of the ASE collector base) to aid in selling for the highest price possible on the retail market.
IMO, we are in for a very hard fall. Once the under cutting frenzy begins on ebay, it's ruthless. First it's auction style starting price undercutting, then it's the .99 start auctions, then it's one day auctions to jump the seemingly endless list of items that grows daily.
I understand many of you may want to keep one or two sets, but I would also guess most of you that have secured many more than one through friends and family across multiple AP's are looking to unload. So are thousands of other FLIPPERS.
Good Luck to all. This is a great hobby, keep a set, stay a while. We certainly dont want to replicate the MIB toy market or Baseball Card scene here with Moderns. I fear that after looking at many sellers of ATB sets feedback, that's where they have been......oh well.
Nothing wrong with holding them, for whatever reason you want. But, I think it is a bad idea to compare them to the 1995W SAE, which some have done, or even the 1996 SAE.
These are bullion. These are not even NLCT like the SAEs are.
These are a monstrosity of a quarter. They are a receptable of 5 oz of silver bullion, each.
So, will there be some collectors of them? Sure. Will there be as many as there are SAE collectors? Super doubtful. It's not the same thing.
Now, if silver goes up to $50 or $60 an oz, you score no matter what
<< <i>Hi Long time Lurker first time Poster. Been a long time silver collector. Mostly ASE's I just wanted to post and thank the forum members. Got a APMEX set, but there is no way I would of got a A mark set without the help. Thanks. What finally got me to post was my thoughts on The future value of the coins. I read a lot of of prices going lower ECT.. I disagree I mean my 1996 silver eagles are worth a lot more and they made 3,603,386 of those. How in the world can people think these will not be worth a lot in the future. This my thinking. I see a day 10 years from now when folks have all the years except this first years issue. I would think they would be willing to pay a pretty penny at that time. I am holding my two sets. Just nned to figure out how to submit coins to PCGS. Again thank you guys/gals for all the good info. >>
I think only the short term flippers with weak hands are worried, don't know why as even short term, I do not see these going below 1200 to 1400. I would always be happy making 1.2 to 1.4x on any investment in a month or two.
<< <i>I read a lot of of prices going lower ECT.. I disagree I mean my 1996 silver eagles are worth a lot more and they made 3,603,386 of those >>
Welcome.
First time i've heard this one too.
Well, first start with a 25 year old series with about 1,000,000 active collectors. 3,000,000 doesnt seem that high anymore.
It would be hard to find 10,000 current collectors of these pucks. Maybe give it 25 years and we'll get there.
In all honesty, 33,000 is not a high number at all for a collectible silver coin series. It will eventually catch on, but those looking for the old double or triple their money are not gonna see it in the near term. That goose is cooked for now.
<< <i> I do not see these going below 1200 to 1400. I would always be happy making 1.2 to 1.4x on any investment in a month or two. >>
100% correct.
But the FLIPPERS will be scared even approaching those numbers. After fees at the low end, they make a C note, and a little more. They will be RUNNING for the EXIT. I mean RUNNING. There will be no WALKING going on.
1.5x melt is a very fair low end valuation for a 33,000 mintage bullion issue for raw coins.
Comments
A quick search of eBay Completed Listings shows the lowest price for a 5 piece set at just under $1700, hardly the bottom dropping out.
All eBay auctions for these pieces
I'll take all the $700 handouts you're all willing to pass my way!
I want to keep my Amark ones with PCGS, but since Fidelitrades don't save me money on the First Strike labeling I might as well try my luck with NGC as well.
I did that and it showed up a lot of scratches and haze that didn't show up inside.
25%, 50% 75%? Sold or left to sell?
Just wondering?
GrandAm
<< <i>Almost all PCGS 69s are from two sellers. I wonder how many sets they had to pick from. You'd think that with only two sellers selling them they'd space them out more. I think that they're driving their own prices down. >>
Or they want to get out before the coins from the other APs hit the market.
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
1. Pcgs - (cost per coin and what is the Service i should specify) + (Cost per First Strike)
2. Ngc - (cost per coin and what is the Service i should specify) + (Cost per First Strike)
Thanks
<< <i>Almost all PCGS 69s are from two sellers. I wonder how many sets they had to pick from. You'd think that with only two sellers selling them they'd space them out more. I think that they're driving their own prices down. >>
I've seen two sellers other than myself who are listing 69s. One's been listing them in the afternoons (PST) and the other in the mornings. IMHO, those listings times are bringing prices down.
eBay listings
<< <i>
<< <i>Almost all PCGS 69s are from two sellers. I wonder how many sets they had to pick from. You'd think that with only two sellers selling them they'd space them out more. I think that they're driving their own prices down. >>
I've seen two sellers other than myself who are listing 69s. One's been listing them in the afternoons (PST) and the other in the mornings. IMHO, those listings times are bringing prices down. >>
How do you see listing times as being the reason prices are being brought down?
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
Adding in my $27 shipping to PCGS = $215 total cost or $43/coin.
<< <i>How do you see listing times as being the reason prices are being brought down? >>
I didn't say "the reason," but they're a factor. Auctions generally do significantly better when people are home from work in the evenings, and certain days even do better than others. When people run daytime and morning auctions, they end up setting the market lower.
eBay listings
have one APMEX set in hand with 3 "on the way"
<< <i>
<< <i>
<< <i>Almost all PCGS 69s are from two sellers. I wonder how many sets they had to pick from. You'd think that with only two sellers selling them they'd space them out more. I think that they're driving their own prices down. >>
I've seen two sellers other than myself who are listing 69s. One's been listing them in the afternoons (PST) and the other in the mornings. IMHO, those listings times are bringing prices down. >>
How do you see listing times as being the reason prices are being brought down? >>
Any auctions that do not end on Sunday night between 7-9pm Eastern time will always bring lower prices.
The worst time to end an auction is in the morning or in the afternoon during the week (if selling). If buying those times are when you will get the deals with so few bidding.
John Maben
Pegasus Coin and Jewelry (Brick and Mortar)
ANA LM, PNG, APMD, FUN, Etc
800-381-2646
<< <i>Ah yes.... but DO NOT end your listing on Superbowl Sunday!!!!! >>
I'm worried about that too. I didn't want to wait a week to get some auctions going, but I pushed my listings back an hour hoping it wouldn't be too big of a problem.
eBay listings
<< <i>Super bowl sunday is a GREAT time to buy though. >>
Nothing else to do that day but see what I can pick up on ebay because nobody will be paying attention because of that game.
<< <i>Super bowl sunday is a GREAT time to buy though. >>
Amen
<< <i>Super bowl sunday is a GREAT time to buy though. >>
Wonder how Teletrade does on SB Sunday?
<< <i>
<< <i>Super bowl sunday is a GREAT time to buy though. >>
Wonder how Teletrade does on SB Sunday?
The game will probably be over by then. I don't think diehard bargain hunters care about the game THAT much.
<< <i>Ah yes.... but DO NOT end your listing on Superbowl Sunday!!!!! >>
Now that's some very sage advice!!
Bummer timing w/respect to the pucks however as they will surely drop a LOT more by the following Sunday and this Sunday is shot for selling due to the Super Bowl.
BIN and one doesn't worry about ending on Superbowl Sunday. Open auction, and, it still shouldn't be an issue if do the auction now or don't do a 3 day tomorrow....
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
collector or secondary flipper (buying to grade and resell)?
Can we see sub-1500........absolutely.
IMO, these should sell at 1.5x spot any day of the week for the mintage level--minimum. It will take some time to get the collectors inline to make sure that target stands.
For the meantime, weak hands will be flipping away, they may hit 1200/1300...definitely in the realm of possibility.
But for now, the goose is cooked. Too many sellers. This is a flipper dominated issue.
<< <i>Who do you think the average buyer is on ebay? >>
Easy to spot FLIPPERS a mile away.
Just look at all the NEW MEMBERS on this thread.
<< <i>
<< <i>Who do you think the average buyer is on ebay? >>
Easy to spot FLIPPERS a mile away.
Just look at all the NEW MEMBERS on this thread. >>
Thanks for the shoutout!
<< <i>
<< <i>Who do you think the average buyer is on ebay? >>
Easy to spot FLIPPERS a mile away.
Just look at all the NEW MEMBERS on this thread. >>
Not sure if I've reached the necessary number of posts to no longer be considered a newbie by the sage wisdom of those with heavy post counts; but, if not, just as an FYI, I plan on keeping my set.
I used to be famous now I just collect coins.
Link to My Registry Set.
https://pcgs.com/setregistry/quarters/washington-quarters-specialty-sets/washington-quarters-complete-variety-set-circulation-strikes-1932-1964/publishedset/78469
Varieties Are The Spice Of LIFE and Thanks to Those who teach us what to search For.
<< <i>Can anyone get thru the dillion gage website or is it just my computer?
Seems to be down right now, probably getting ready for the big sale!
<< <i>Can anyone get thru the dillion gage website or is it just my computer?
Redirected?
<< <i>
<< <i>
<< <i>Who do you think the average buyer is on ebay? >>
Easy to spot FLIPPERS a mile away.
Just look at all the NEW MEMBERS on this thread. >>
Not sure if I've reached the necessary number of posts to no longer be considered a newbie by the sage wisdom of those with heavy post counts; but, if not, just as an FYI, I plan on keeping my set. >>
You are not the only one!
<< <i>Not sure why the derision of flippers on this thread. Can you say you have never bought a coin with the intention of flipping it? Cherrypicked a VAM the seller missed? Knew their was a buyer for coin you found? Everyone knows these will drop in the coming weeks - that is just basic supply and demand. The question is, as these start to disappear into the safes and shoe boxes of collectors - where will they be in 6 months to a year? >>
This "derision" that you are likely seeing is probably due to flippers pumping things up, not being realistic, promoting something only because they want to sell it, having no interest in it other than money, and maybe because they are breaking many rules to do so. Some folks are bragging about having eight, or more sets each. I am sure if you read the thread, you will see the same thing.
So, maybe the derision you are seeing isn't against the normal flipper but moreso against the ones who go overboard and screw others by doing so (folks paying people to line up to buy in person, people adding an "apt number" to an address to get another set, etc).
Just a thought...
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
Been a long time silver collector. Mostly ASE's
I just wanted to post and thank the forum members.
Got a APMEX set, but there is no way I would of got a A mark set without the help. Thanks.
What finally got me to post was my thoughts on The future value of the coins.
I read a lot of of prices going lower ECT.. I disagree I mean my 1996 silver eagles are worth a lot more and they made 3,603,386 of those.
How in the world can people think these will not be worth a lot in the future.
This my thinking. I see a day 10 years from now when folks have all the years except this first years issue. I would think they would be willing to pay a pretty penny at that time.
I am holding my two sets. Just nned to figure out how to submit coins to PCGS.
Again thank you guys/gals for all the good info.
<< <i>The question is, as these start to disappear into the safes and shoe boxes of collectors - where will they be in 6 months to a year? >>
Therein lies the problem. A FLIPPER dominated issue generally does not result in many being put away or saved for collections - but rather sold as soon as possible - th old PUMP and DUMP.
What collectors like to see is a nice even distribution among real collectors, the larger percentage putting them back, and some trading to develop a two way market. In this fashion, a nice upward trend develops, and usually does better with time, as more and more of the "market sets" get put back by an expanding collector base.
My opinion of these bullion pucks is they are dominated by the FLIPPERS. Probably upwards of 70%+ of available quantities. This is the classic PUMP and DUMP. I think much of the PUMPING is indirectly by the AP's, who under the guise (my opinion) of interpreting the rules, delayed the release to the public, in an orderly fashion, to allow the fenzy in pricing to take hold.
This was further exacerbated by FLIPPERS unfairly categorizing these in the same class as 95W Prf ASE's (where nowhere near the collector base exists in these pucks, not even 5% of the ASE collector base) to aid in selling for the highest price possible on the retail market.
IMO, we are in for a very hard fall. Once the under cutting frenzy begins on ebay, it's ruthless. First it's auction style starting price undercutting, then it's the .99 start auctions, then it's one day auctions to jump the seemingly endless list of items that grows daily.
I understand many of you may want to keep one or two sets, but I would also guess most of you that have secured many more than one through friends and family across multiple AP's are looking to unload. So are thousands of other FLIPPERS.
Good Luck to all. This is a great hobby, keep a set, stay a while. We certainly dont want to replicate the MIB toy market or Baseball Card scene here with Moderns. I fear that after looking at many sellers of ATB sets feedback, that's where they have been......oh well.
But, I think it is a bad idea to compare them to the 1995W SAE, which some have done, or even the 1996 SAE.
These are bullion. These are not even NLCT like the SAEs are.
These are a monstrosity of a quarter. They are a receptable of 5 oz of silver bullion, each.
So, will there be some collectors of them? Sure.
Will there be as many as there are SAE collectors? Super doubtful. It's not the same thing.
Now, if silver goes up to $50 or $60 an oz, you score no matter what
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>Hi Long time Lurker first time Poster.
Been a long time silver collector. Mostly ASE's
I just wanted to post and thank the forum members.
Got a APMEX set, but there is no way I would of got a A mark set without the help. Thanks.
What finally got me to post was my thoughts on The future value of the coins.
I read a lot of of prices going lower ECT.. I disagree I mean my 1996 silver eagles are worth a lot more and they made 3,603,386 of those.
How in the world can people think these will not be worth a lot in the future.
This my thinking. I see a day 10 years from now when folks have all the years except this first years issue. I would think they would be willing to pay a pretty penny at that time.
I am holding my two sets. Just nned to figure out how to submit coins to PCGS.
Again thank you guys/gals for all the good info. >>
I think only the short term flippers with weak hands are worried, don't know why as even short term, I do not see these going below 1200 to 1400. I would always be happy making 1.2 to 1.4x on any investment in a month or two.
<< <i>I read a lot of of prices going lower ECT.. I disagree I mean my 1996 silver eagles are worth a lot more and they made 3,603,386 of those >>
Welcome.
First time i've heard this one too.
Well, first start with a 25 year old series with about 1,000,000 active collectors. 3,000,000 doesnt seem that high anymore.
It would be hard to find 10,000 current collectors of these pucks. Maybe give it 25 years and we'll get there.
In all honesty, 33,000 is not a high number at all for a collectible silver coin series. It will eventually catch on, but those looking for the old double or triple their money are not gonna see it in the near term. That goose is cooked for now.
<< <i> I do not see these going below 1200 to 1400. I would always be happy making 1.2 to 1.4x on any investment in a month or two. >>
100% correct.
But the FLIPPERS will be scared even approaching those numbers. After fees at the low end, they make a C note, and a little more. They will be RUNNING for the EXIT. I mean RUNNING. There will be no WALKING going on.
1.5x melt is a very fair low end valuation for a 33,000 mintage bullion issue for raw coins.