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Who's buying 2011-W AGE Proofs on April 21st?? I bet Miles is in!!!

GoldbullyGoldbully Posts: 17,990 ✭✭✭✭✭
I looked back to see what I paid for the 2006-W 4 coin Proof set.......$1495.00!!! image
Today we are looking at $3123.00 to $3308.00/set!!!!!! That's a whopping 115% price increase!!
Add the grading fees + First Strike + S&H.........Holy Carp!!!!
I'm on the sidelines on this one!!

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US Mint Provides 2011 Proof Gold Eagle Mintages, Prices and Release Date
by Mike Unser on April 15, 2011

The United States Mint on Thursday provided 2011 Proof Gold Eagle mintages, product limits, potential prices and the release date for all the 22-karat Gold Eagle coins.
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Available 2011 Proof Gold Eagle products include four different sized collector coins and a set that has them all. The US Mint will release the coins at 12:00 noon ET on Thursday, April 21, 2011. This is nearly six months earlier than last year’s issue which already sold out.

Mintages and order limits for each US Mint proof Gold Eagle product is provided in the following table:

image

Product prices have not been officially listed, as they will not be known until Wednesday, April 20. At that time, proof Gold Eagle prices will be calculated based on the prevailing cost of gold in the London market. Using the Mint’s pricing policy for numismatic precious metal coins, expected prices are provided in the table below. The middle $1450.00 to $1499.99 level is what the Gold Eagles would be priced at today if they were released.

image

Unlike the investor Gold Eagle versions which do not carry a West Point ("W") mint mark nor feature a special finish, the collector coins are produced in proof quality.

"American Eagle Gold Proof Coins are struck multiple times and feature a frosted foreground and mirror-like background, giving them a special cameo effect," the US Mint describes. "Each coin is sealed in a protective capsule and mounted in a handsome, satin-lined velvet presentation case accompanied by a Certificate of Authenticity."

The Proof Gold Eagle, like all collector coins, are sold directly by the US Mint. When available, orders will be accepted online at the Mint’s website (http://www.usmint.gov/) and toll free number 1-800-USA-MINT (872-6468).

Investment-grade bullion 2011 American Gold Eagle coins were released on January 3 through the US Mint’s network of Authorized Purchasers. The one-ounce collector 2011 Uncirculated Gold Eagle Gold coin is scheduled to launch on May 5, 2011. The uncirculated version was not issued in 2010.

coinnews link

From the Mint Website.......

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Edited to add: Will the 25th Anniversary designation mean anything here?? Will PCGS/NGC designate this on the slab??

Comments

  • jmski52jmski52 Posts: 23,283 ✭✭✭✭✭
    I suspect that we're seeing a small whiff of <<<inflation>>>. Ya think?
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • MsMorrisineMsMorrisine Posts: 36,066 ✭✭✭✭✭
    OMG they FINALLY put a link out to their bullion program from their catalog site.

    How long did it take them to figure that out??



    I'm in.

    Let's see all the PM damages to come in the next 2 months (6/15) ::
    2011 American Eagle Gold Proof Coins
    2010 America the Beautiful Five Ounce Silver Uncirculated Coins™ – Hot Springs National Park
    2011 American Eagle Uncirculated Gold Coin
    First Spouse Series One-Half Ounce Gold Coin - Eliza Johnson
    2011 American Buffalo Gold Proof Coin
    2011 American Eagle Platinum Proof Coin
    First Spouse Series One-Half Ounce Gold Coin - Julia Grant


    and the 2011 5oz. bullion coins to be released.

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • MilesWaitsMilesWaits Posts: 5,438 ✭✭✭✭✭
    The last proofs I got were the 2010 halfs at $800 per, Bully.

    It may be a bit o time before my desire to buy catches up with "<<inflation>>".......

    Miles
    Now riding the swell in PM's and surf.
  • MsMorrisineMsMorrisine Posts: 36,066 ✭✭✭✭✭


    << <i>The last proofs I got were the 2010 halfs at $800 per, Bully.

    It may be a bit o time before my desire to buy catches up with "<<inflation>>"....... >>





    going to go for the Unc gold?

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • GoldbullyGoldbully Posts: 17,990 ✭✭✭✭✭
    image
    MsMorrisine, may I say you are most ravishing this month!!! image
  • pontiacinfpontiacinf Posts: 8,915 ✭✭
    I am one of the select few who is hoping things go back a few years and I can buy
    some later for around 250 a z

    a guy can dream, eh?
    image

    Go BIG or GO HOME. ©Bill
  • MilesWaitsMilesWaits Posts: 5,438 ✭✭✭✭✭


    << <i>

    << <i>The last proofs I got were the 2010 halfs at $800 per, Bully.

    It may be a bit o time before my desire to buy catches up with "<<inflation>>"....... >>





    going to go for the Unc gold? >>



    I do not know yet Ms. I do know two things though.....

    One, is I am puckful, and am looking forward to my ATB BP (blood pressure) going down and....

    I LIKE your new swan avitar! love the hair.

    Miles
    Now riding the swell in PM's and surf.
  • AnkurJAnkurJ Posts: 11,370 ✭✭✭✭


    << <i>image
    MsMorrisine, may I say you are most ravishing this month!!! image >>



    Agreed! I like Natalie much better than a hairless Cameron Diaz image
    All coins kept in bank vaults.
    PCGS Registries
    Box of 20
    SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
  • GoldbullyGoldbully Posts: 17,990 ✭✭✭✭✭


    << <i>

    << <i>image
    MsMorrisine, may I say you are most ravishing this month!!! image >>



    Agreed! I like Natalie much better than a hairless Cameron Diaz image >>




    image
    Congrats on 6k, AnkurJ.....image
  • GoldbullyGoldbully Posts: 17,990 ✭✭✭✭✭
    4 days to go!!! image
  • MilesWaitsMilesWaits Posts: 5,438 ✭✭✭✭✭
    $1785 per ounce if/when Gold reaches(d) $1500!''

    That is nearly what a very few of us paid for the recent installments of the Platinum proofs!

    So, are you in GB? I am heavily pucked.

    Miles
    Now riding the swell in PM's and surf.
  • GoldbullyGoldbully Posts: 17,990 ✭✭✭✭✭


    << <i>$1785 per ounce if/when Gold reaches(d) $1500!''

    That is nearly what a very few of us paid for the recent installments of the Platinum proofs!

    So, are you in GB? I am heavily pucked.

    Miles >>



    No, just too much $$$$ for my fragile bank account.
    heavily pucked? Guess you are going for the gold!!! image
  • MsMorrisineMsMorrisine Posts: 36,066 ✭✭✭✭✭
    2011 American Eagle Gold Proof Four-Coin Set (AK5)

    Remind Me?


    Price to be determined. This product will be available for sale on April 21, 2011 at 12:00 Noon (ET).



    If gold stays under $1500, it'll be $1735/oz

    With the 4 coin set @ $3,215.50 or $1738.11/oz.

    What A Bargain!
    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • MilesWaitsMilesWaits Posts: 5,438 ✭✭✭✭✭
    $3215 !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    ARGHHHHHHHHHHHHH.........
    Now riding the swell in PM's and surf.
  • PinkFloydPinkFloyd Posts: 1,762
    I'm out unless there is a '11-W $5 unc., which looks unlikely.
    Successful transactions with keepdachange, tizofthe, adriana, wondercoin
  • GoldbullyGoldbully Posts: 17,990 ✭✭✭✭✭
    Anyone place an order on the most expensive Proof AGE's ever???????
  • BigEBigE Posts: 6,949 ✭✭✭
    Whats 3215. divided by 1.85 oz?, too tired to figure it out, but prolly not going to get------------BigE
    I'm glad I am a Tree
  • MsMorrisineMsMorrisine Posts: 36,066 ✭✭✭✭✭
    I bought mine yesterday.


    Looked better than last year's and last year's were great.


    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • BigEBigE Posts: 6,949 ✭✭✭
    Oh, I see above 1785/ozimage If gold goes up further, it would be good to buy now, but on the other hand dealers and the public will be too occupied with bullion to pay up for these, just like it is now. Only hope is for low mintage--------BigE
    I'm glad I am a Tree

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