Now that it has been a little over a year since release what does the future hold for the 5 oz 2010

Cakes · January 25, 2012 3:47AM

What is your strategy going forward? I think the demand has faded fast and I have lost interest in them. I busted one out of it's slab to carry, hold/mess with and I found it is just to big. I currently own 14 PCGS FS graded coins and 10 PCGS FS slabbed that aren't graded.

Here are some options for the 2010 Bullion:

Trade with another member and make a couple sets out of my remaining 14 PCGS FS graded coins.

Hold my 10 PCGS FS slabbed that aren't graded coins for another couple of years.

Send in my 10 PCGS FS slabbed that aren't graded to be graded and combine with my 14 to make a couple sets. This scares me, even if I got decent grades I doubt I could complete 2 decent sets and is anyone really interested in these right now?

Sell all the bullion coins I have and buy 2 complete 2010 5 oz Silver ATB 5-Coin Set PCGS MS-69 DMPL First Strike from the Evil empire(a*#*x) for $1,995 a set, if I went that route I would try to get 3 other members that might be interested because 5 or more price is $1,795 a set, which is a great price. Does anyone think buying a complete set for $1,995 or $1,795 is wise longterm.

Sell all the bullion coins I have and buy something else. I wouldn't even know how to price the 10 PCGS FS slabbed that aren't graded.

Any thoughts? Thanks in advance.

BC

MsMorrisine · January 25, 2012 4:17AM

69DMPLs & SP70s with a slight premium, the rest are melt

19Lyds · January 25, 2012 4:28AM

<< I think the demand has faded fast and I have lost interest in them. >>

There's the immediate future right there.

My strategy for these was simply to order and resell while the market was still hot. It worked well.

RYK · January 25, 2012 4:29AM

My strategy is not to purchase any more of them.

CaptHenway · January 25, 2012 4:43AM

Hey, their melt value went up today.......

carew4me · January 25, 2012 5:10AM

If you played the game correctly then you:

A. Flipped all sets you could get and doubled your money minimum
B: Flipped 1/2 of your sets making the the keeper sets FREE SILVER BULLION

If you did not you:
A: Mistakenly chased labels and overpaid for "graded" coins (they are bullion)
B: Did not do the minimal work to acquire set(s) from APs and overpaid for a set of bullion coins
C: Acquired AP set(s), but held all of them, making nothing (You can still break even

)

Cakes · January 25, 2012 5:11AM

<< 69DMPLs & SP70s with a slight premium, the rest are melt >>

The PCGS priceguide says diferently.

Casman · January 25, 2012 5:17AM

Well, they certainly can do better than melt, it'll just take a bit longer to make the sale...Here's one from not too long ago:

Link

Davideo · January 25, 2012 5:27AM

I would like to see someone use one as a pocket piece and then in 25 years get it slabbed as a PO-01. Ultimate Lowball!

But seriously, I view them as bullion with a potential numismatic upside. It seems when people unfamiliar with them see one they usually think it is cool. So I'm holding out some hope for the long term. Who knows it's tough to predict. If we were all better at predicting the market we would be billionaires by now!

Ejoty · January 25, 2012 5:43AM

I'm looking to sell all of mine in the near future. I've got more sets of them than I would like to admit and am hoping to get out of them without too much of a loss.

AUandAG · January 25, 2012 5:54AM

Unless they are the absolute top tier, sell them as the price will only drop to slightly above melt.

bob

pf70collector · January 25, 2012 7:09AM

I am only going for a complete 69 DMPL set. Some MS 70 First Strike U.S. Mint versions are going for $300 on some auction venues. I think they are giving them away. One MS 70 FS P closed at a realized price of $269, below the actual mint cost of $279 when these first came out from the mint. Will this be the price point of these in the future much like a MS 70 Bullion ASE. Or is this just a short window of opportunity to snag these now. I have no interest in the P mint versions.

kiyote · January 25, 2012 7:21AM

I'm doing what a lot of folks said they'd do-- order the ones they like. I have Yosemite so far, about to order Glacier. Other than that, they're neat to look at but impractical to own. I don't have a 5ft by 10ft space in my house to devote to just ATBs in their original packaging.

I wish they'd done half oz coins-- something junior collectors could order too without breaking the bank.

jmski52 · January 25, 2012 7:31AM

I think that the Mint managed to damage the collector base (if there was one) in the way that they were distributed, and in overproducing the number of varieties, as usual.

illini420 · January 25, 2012 7:34AM

I still have a set of them in PCGS MS68DMPL. To me, they are worth more than just the bullion value as I know not all of them came DMPL and they are still a relatively high grade of a relatively low mintage. They may be hovering near bullion now, but I wouldn't expect that to last forever. Not for the low mintage first year examples at least.

Barndog · January 25, 2012 7:37AM

I don't collect them, so take it for what it's worth:

-they are too big to collect
-the lame designs suck on small coins and suck more on plate-sized coins
-their value is only in the bullion for me
-I'd rather have a five ounce JM bar than one of these things

ModernCoin · January 25, 2012 7:45AM

<< Unless they are the absolute top tier, sell them as the price will only drop to slightly above melt. >>

That ship has already sailed Bob as most all of the coins are now based on melt other than the dmpl's. Personally I'm going to pay more attention to them this year than I did the prior two years as mintages have been tanking. The Chickasaw is now the low-mintage king for the bullion coins, but odds are the next few releases will see even lower numbers. It's my understanding that they don't have to make them by law (I know that for sure on the satin coins), so eventually I expect them to be discontinued. On the way down though I bet the mint produces a coin or two with long-term potential.

I view the ATBs as a bullion stacking play with long term numismatic potential. People hate them now, and will for the foreseeable future, but who knows what will be fashionable to collect in 30 years? Those with time on their side would be wise to buy these now based on melt pricing and put them away. I definitely would not advise people to pay extra for the dmpl or slabbed examples. Just buy them when you can for no more than a $3/oz premium and put them away for twenty years.

AnkurJ · January 25, 2012 9:40AM

Flipped them all. No regrets.

291fifth · January 25, 2012 9:42AM

Melt-em, Danno!

smokincoin · January 25, 2012 9:44AM

<< Melt-em, Danno! >>

Cakes · January 25, 2012 10:09AM

How are people storing the PCGS slabbed versions? Does anyone make a box that could store 25?

Cakes · January 30, 2012 11:13PM

I will be watching this one to determine if I should list my 2 choice BU sets.

Text

derryb · January 30, 2012 11:16PM

at the right price a good play for bullion. ATB holders will not be disappointed this year, strictly on silver movement. I personally find it hard to "collect" them. I do hoard them at the right price.

jmski52 · January 30, 2012 11:27PM

The series is worth analyzing in more than a superficial manner. That's just my unvarnished opinion.

Cakes · January 30, 2012 11:30PM

<< at the right price a good play for bullion. ATB holders will not be disappointed this year, strictly on silver movement. I personally find it hard to "collect" them. I do hoard them at the right price. >>

I was afraid you would say that. Bullion slabbed keeps reminding me how stupid I was to not sell back then. I had a set sold for a good profit on ebay and the guy backed out after the prices started to drop,said his transmission went bad. Bye the time I could relist they had almost become strictly bullion.

Sonorandesertrat · January 30, 2012 11:31PM

<< My strategy is not to purchase any more of them. >>

Exactly. I collect coins, and have yet to figure out what those things are.

Cakes · January 30, 2012 11:31PM

<< The series is worth analyzing in more than a superficial manner. That's just my unvarnished opinion. >>

Agreed but I just don't like them now, they are to big. I cracked one out, trust me I know.

OPA · January 30, 2012 11:36PM

I'll continue buying the bullion version at about 3% above spot. Not interested in the "collector" bullion version. I'll continue to do the same with the bullion ASE rolls. AS deryb said...good play on silver bullion.

silverstreak · January 31, 2012 12:27AM

I am buying multiples of the P's going forward as I believe the mintage will do nothing but drop. I bought a tube of 10 of the Chickasaw as they are the lowest mintage bullion to date. I think there are some good plays for sure. Not into the grading game although I did buy some cheap graded bullion. I held onto too many 2010 sets but at the price I bought them I certainly am not worried about coming out on top just from a bullion price stand point.

TwoSides2aCoin · January 31, 2012 12:33AM

<< Hey, their melt value went up today....... >>

Hey, the fees for the larger safe deposit box did, too.

derryb · January 31, 2012 12:35AM

Gold spouses....ring a bell?

good bullion play at the right price.

shorecoll · January 31, 2012 1:00AM

The 5oz to me have more appeal to medal collectors. I love medals, but the non-standard and larger formats are not easy to store. All this said, how many medal collectors are there (any TAMS members want to comment), and how many of those like these. I think there's more demand for 5 oz bullion from bullion stackers than there will ever be from collectors...so melt most of them and let's see what happens.

ps: I think gold spouses are a good long-term play...so long that none of us may be alive to see it.

tincup · January 31, 2012 2:39AM

As the series dies off due to lack of collector support, there may be some low mintage bargains. Otherwise... just bullion.

The U.S. Mint killed the series IMO due to inadequate handling of the distributor problem in 2010. The distributors continue to have a lock on the choice coins. If you order a bullion version from the distributors, most likely you will get a picked over reject. The good ones have been submitted by them to the TPGs.

If the US Mint wants to salvage the program, they should allow collectors to order directly (besides the P versions). If collectors had a chance of making their own MS70 I suspect there would be much more demand.

ModernCoin · January 31, 2012 2:52AM

<< The distributors continue to have a lock on the choice coins. If you order a bullion version from the distributors, most likely you will get a picked over reject. The good ones have been submitted by them to the TPGs. >>

I'm not so sure that's the case anymore as the demand for slabbed bullion coins has all but evaporated. Apmex has been routinely selling FS flag slabbed 2011 coins for just a few dollars over melt per ounce (essentially the same price as regular bullion). Some distributors like Gainsville have stopped carrying them and IMO the ones who do certainly aren't looking to load up on slabbed coins at this point. I agree with you 100% though regarding watching the numbers. The 2011 Chickasaw coin is currently the lowest bullion coin to date with a mintage still under the 2010s at the moment. Even though it's my understanding the mint can't sell the regular 2011 bullion coins past 12/31/11, it's important to note that they have updated their sales totals twice since 12/31 for the Chickasaw coin. I bought a few of the Chickasaw coins as a stacking play with some long-term potential upside, but IMO the 2012 coins will be much better as we may even see a sub-10K mintage before the year's end

...

MilesWaits · January 31, 2012 3:06AM

I began buying and selling these the same year I stopped buying and selling them. It was a good year!

As many before me have said, they are now strictly a bullion play. That has shown itself to be a historically good move.

Miles

ShinyThingsInPM · January 31, 2012 3:19AM

I'm trying to learn that lesson and not to fall into similar 25th Annivarsary ASE trap

At least those 2010 ATBs are still bullion play

Casman · February 4, 2012 8:30AM

<< Well, they certainly can do better than melt, it'll just take a bit longer to make the sale...Here's one from not too long ago:

Link >>

And a set sold today at 60 per oz...

.

Raufus · February 13, 2012 4:30AM

There is an article in the NN which arrived today about mintage of the 5 oz coins being cut way back in '12.

Raufus · February 13, 2012 4:31AM

<< I began buying and selling these the same year I stopped buying and selling them. It was a good year!

As many before me have said, they are now strictly a bullion play. That has shown itself to be a historically good move.

Miles >>

Hi Miles-

I still remember the day that you got $4K for a sealed box! Hard to believe given the prices today. One of the best sales ever.

Best, R-

PinkFloyd · February 13, 2012 4:33AM

They are something to watch as there is a good potential for solid designs and falling mintages. Personally, 5 oz is too big for me to collect in earnest. I wish they'd drop them to 1 or 2 oz.

Unfortunately, many were scared off initially by bungling from the Mint and greed from the APs.

BryceM · February 13, 2012 4:56AM

I don't get to many shows, but a year ago I saw lots of these in dealer's cases. At Long Beach last week I didn't see any. I didn't go looking for them, but there certainly weren't any out in plain sight. I guess maybe that means something.........

MilesWaits · February 13, 2012 5:02AM

<< 

<< I began buying and selling these the same year I stopped buying and selling them. It was a good year!

As many before me have said, they are now strictly a bullion play. That has shown itself to be a historically good move.

Miles >>

Hi Miles-

I still remember the day that you got $4K for a sealed box! Hard to believe given the prices today. One of the best sales ever.

Best, R- >>

It was a good year for many here on the forum Raufus!

The thing I most enjoy about these Mint issues is the excitement it creates in new and old collectors.

You have fortunately been around for all the recent issues (recalling 2006-2008 as the VERY golden Mint years) and the most recent Anniv. ASE's and appear to have been 'fortunate'.

It feels like it may be a while, now. Maybe the 2011-W AGE will treat you all very well........

Miles

Raufus · February 13, 2012 5:28AM

Hi Miles-

Indeed, I've been blessed to have been here for the great issues starting in 2006.

I'm still sitting on most of my 25th sets - both sealed and graded. Hopefully these won't crash in the near term and may appreciate. Hard to predict, esp. with talk of so many "special" ASE sets being possible.

I'm excited about the 2011 W. I will however will be keeping a keen eye out for a 2012 W. If one is announced, that may be the perfect time to sell the 2011 issue.

Have a great week,

R-

Cakes · January 13, 2014 12:01AM

<< I will be watching this one to determine if I should list my 2 choice BU sets.

Text >>

This choice BU set did pretty good: US $1,076.55

Two years latter, what are your thoughts now on the 2010 Bullion issue ATB's?

Cakes · January 14, 2014 4:18AM

Here are some numbers that overdate has provided for the 2012 bullion:

Mintages for many are in the low five figures; for each of the 2012 bullion issues, mintages are between 20,000 and 25,400.

Can you imagine how much a bullion Silver Eagle would be worth with that low a mintage?

Cakes · June 4, 2014 1:53AM

6 month bump

Cakes · December 6, 2016 9:40AM

30 month bump

MilesWaits · December 6, 2016 11:40AM

The ones that remain in my "collection" are keeping my trailer down by the river from sliding into the water.

Cakes · December 6, 2016 1:53PM

Miles, that's what I was afraid of.

chumley · December 6, 2016 2:23PM

I bought one of these and that convinced me not to own two

RogerB · December 6, 2016 2:34PM

The NHL is planning to use them in the 2017 playoffs - but they have to be toned black first.

Now that it has been a little over a year since release what does the future hold for the 5 oz 2010

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