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New Silver Eagle two coin set in the works!
CoinMaster1229
Posts: 1,092 ✭✭
http://numismaster.com/ta/numis/Article.jsp?ad=article&ArticleId=25045
One proof one reverse proof both with S mint mark.
One proof one reverse proof both with S mint mark.
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....of course nothing stops them from adding the burnished S later in the year and maybe we will then have a burnished set also...
If limited mintage, I might be in for the flip.
Collectors continue in snooze pattern.
Well, just Love coins, period.
<< <i>"The mintage, price and release date of the set have not yet been set." If limited mintage, I might be in for the flip. >>
Therein lies the key - limited mintage...YES, I'm in; unlimited mintage...NO, NO, NO!
mbogoman
https://pcgs.com/setregistry/collectors-showcase/classic-issues-colonials-through-1964/zambezi-collection-trade-dollars/7345Asesabi Lutho
[sarcasm]
And when the limit is only one or two per HH...let the games begin!!!
Ug. Has it boiled down to this? I know most of us do some flippin' but do we have to make it sound like the main objective? Seems so crass.
With three down and more on the horizon, the reverse proofs may become a separate series distinct from the regular proofs.
My Adolph A. Weinman signature
They still haven't stooped as low as Phillip Diehl in 1995. Stay tuned.
I'm waiting to see when the Mint finally makes it too difficult for collectors to do what they only wanted to do in the first place - collect. That's what Diehl did in 1995, making it prohibitive for anyone who didn't have $1,000 burning a hole in his pocket - to obtain one of a "limited mintage" of 30,000 coins.
This is just a garden variety version of "soak'em for all you can get". They're just getting warmed up.
I knew it would happen.
"Jesus died for you and for me, Thank you,Jesus"!!!
--- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.<< <i>Ug. Has it boiled down to this? I know most of us do some flippin' but do we have to make it sound like the main objective? Seems so crass.
They still haven't stooped as low as Phillip Diehl in 1995. Stay tuned.
I'm waiting to see when the Mint finally makes it too difficult for collectors to do what they only wanted to do in the first place - collect. That's what Diehl did in 1995, making it prohibitive for anyone who didn't have $1,000 burning a hole in his pocket - to obtain one of a "limited mintage" of 30,000 coins.
This is just a garden variety version of "soak'em for all you can get". They're just getting warmed up. >>
I know flippin goes on and on a limited basis think it is ok. I just worry that to many of the new crop of "collectors" only has $ in their eyes and shows little appreciation for the coins themselves. I worry that more and more of us have a collection that consists of unopened boxes sittling in a closet that have never seen the light of day since they left the Mint. Seems the stock flippers became house flippers who became coin flippers leaving a trail of destortion where ever they go.
<< <i>http://numismaster.com/ta/numis/Article.jsp?ad=article&ArticleId=25045
One proof one reverse proof both with S mint mark.
Linkified Linkie
I'll buying a few of these sets!
make a 3 coin set of the bullion, proof and Unc. for a price lower than if they were bought individually.
that would sell well.
they are ruining the specialness of the reverse proof.
boooooo
Steve
<< <i>I will definitely be getting one or more sets, I love the RPs. Thanks for the heads up!
Steve >>
yeah shush! Nobody but us here need to know about this. wink.
and ordering and release is due before the new online ordering system...
Only kidding!
John Maben
Pegasus Coin and Jewelry (Brick and Mortar)
ANA LM, PNG, APMD, FUN, Etc
800-381-2646
<< <i>Here comes another long thread..... >>
If not this thread, than another thread down the road once more details become apparent.
However, myself, I promise, not to sell, commit or obligate myself in any way the 75th SF Anny sets I may acquire to any pre-sale buyer no matter the circumstance.
<< <i>...and all you have to qualify to buy one of these sets...is to also buy 5 proof Buffs!!![Q/]
I dont think they'll do that again!!!!
Now I can look forward to the new 75th SF mint edition.
Cool.
The entertainment can never be overdressed....except in burlesque
<< <i>The mint might just make this a very high mintage issue, thus killing the value on the earlier Reverse Proofs. Some people will want just ONE -- for type. >>
The 2006-P will probably continue to do okay, since it is the only one with the 1986-2007 reverse.
My Adolph A. Weinman signature
300,000 Mintage
1 per hh
Loves me some shiny!
Yeay!!!!!
<< <i>$124.95 Set price
300,000 Mintage
1 per hh >>
One per HH seems to low with 300K mintage! They should leave it at Five per HH.
Well, just Love coins, period.
Box of 20
<< <i>Blow the flippers out and strike unlimited I say. A collector will still want one, but the clown factor will be reduced if they do that. >>
No way, with an unlimited strike you could rule out half the collectors out there too.
Successful card BST transactions with cbcnow, brogurt, gstarling, Bravesfan 007, and rajah 424.
"Jesus died for you and for me, Thank you,Jesus"!!!
--- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.Box of 20
How may federal building do we need to issue coins to celebrate??
<< <i>So we are now reduced to commemorating 25th-50th-75th etc. anniversary of buildings.
How may federal building do we need to issue coins to celebrate?? >>
As many as there is a profit in store ! ! ! !
<< <i>So we are now reduced to commemorating 25th-50th-75th etc. anniversary of buildings.
How may federal building do we need to issue coins to celebrate?? >>
All of them that can mint the coins that commemorate themselves
I bought 5 of the 2011 ASE 25th Anniversary sets -
One to keep raw for the Eagle Album, and I had the
four others certified as "First Strike". One set contains
all "70's" - which I will keep. The others are a mix of
68's , 69's & 70's. There seems to be no demand for
these sets as there was when they were first released.
It seems the same was true for the 20th Anniversary
three piece sets. ( I kept all of them raw in their original
Boxes.)
Will I get the 75th San Francisco Anniversary "two piece sets ? "
.... Yes, but, I think only two sets.
~~~~~~~~~~~~
Coin collecting is not a hobby, it's an obsession !
New Barber Purchases
The mintage for the 2006 Anniversary Sets was 250,000. They took several months to sell out @ $100/set.
The mintage for the 2011 Anniversary Sets was 100,000. They sold out in about 5 hours @ $300/set, and the Mint received tons of complaints over the way the sets were sold.
Let's examine which way things could go from here. If the Mint continues to offer multiple mintmarks in special limited edition sets, the desirability of the new offerings will no doubt depend on the anticipated mintages, and ALSO on the proliferation of these special issues.
(A side note - after the 1995 fiasco, I quit collecting ASEs entirely and became a Mint issue speculator. I bought (5) 2006 sets and (5) 2011 sets. I haven't ever bought any other Silver Eagles except as bullion. No more collecting them for me - once burned, twice shy.)
How many others are simply speculating now instead of collecting? The Mint's behavior encourages speculation, and in my opinion demand for collectible ASE issues will now depend more on the "performance" of all past and all forthcoming special issues, and less upon collector demand.
The pricing pattern for this type of speculation mimics those as for Air Jordans and XBoxes. The residual collectability is another matter. The Mint is charging a nice, fat premium for these sets - which makes the return on investment harder to gauge. especially in the short term.
EricJ uses previously-issued series as models for the newer series, and he likens ASEs to the Morgan Series. I don't know that the analogy will remain valid if the series becomes fragmented and if high-premium special issues become over-produced. At some point, the ASEs may become more comparable to the Classic Commemorative Half Dollar Series than to the Morgan Dollar Series. It took several decades for Commemorative Half Dollar demand to catch up with the over-proliferation abuse that the series endured during the 1930's through 1954. The lack of discretion by Congress in over-proliferation was the main reason for the series' discontinuance.
As a longterm speculator, I like <some of> the ASEs. As a short term proposition, I think that an over-proliferation of lower-mintage varieties sold at high initial premiums will dampen the short term prospects for profit. It's a dilution effect if the Mint lets it get out of hand. I don't think we are there yet, but we could be getting close.
If I were the Mint, I'd be careful not to alienate too many more collectors like they did in 1995 and again in 2011. They should stick to selling special sets to meet demand for awhile. Just my opinion.
I knew it would happen.
Box of 20
<< <i>The mintage for the 1995 Anniversary sets was 30,000+. They took several months to sell out and the imputed cost for the 95-W ASE was high (about $200).
The mintage for the 2006 Anniversary Sets was 250,000. They took several months to sell out @ $100/set.
The mintage for the 2011 Anniversary Sets was 100,000. They sold out in about 5 hours @ $300/set, and the Mint received tons of complaints over the way the sets were sold.
Let's examine which way things could go from here. If the Mint continues to offer multiple mintmarks in special limited edition sets, the desirability of the new offerings will no doubt depend on the anticipated mintages, and ALSO on the proliferation of these special issues.
(A side note - after the 1995 fiasco, I quit collecting ASEs entirely and became a Mint issue speculator. I bought (5) 2006 sets and (5) 2011 sets. I haven't ever bought any other Silver Eagles except as bullion. No more collecting them for me - once burned, twice shy.)
How many others are simply speculating now instead of collecting? The Mint's behavior encourages speculation, and in my opinion demand for collectible ASE issues will now depend more on the "performance" of all past and all forthcoming special issues, and less upon collector demand.
The pricing pattern for this type of speculation mimics those as for Air Jordans and XBoxes. The residual collectability is another matter. The Mint is charging a nice, fat premium for these sets - which makes the return on investment harder to gauge. especially in the short term.
EricJ uses previously-issued series as models for the newer series, and he likens ASEs to the Morgan Series. I don't know that the analogy will remain valid if the series becomes fragmented and if high-premium special issues become over-produced. At some point, the ASEs may become more comparable to the Classic Commemorative Half Dollar Series than to the Morgan Dollar Series. It took several decades for Commemorative Half Dollar demand to catch up with the over-proliferation abuse that the series endured during the 1930's & 1940's. The lack of discretion by Congress in over-proliferation was the main reason for the series' discontinuance.
As a longterm speculator, I like <some of> the ASEs. As a short term proposition, I think that an over-proliferation of lower-mintage varieties sold at high initial premiums will dampen the short term prospects for profit. It's a dilution effect if the Mint lets it get out of hand. I don't think we are there yet, but we could be getting close.
If I were the Mint, I'd be careful not to alienate too many more collectors like they did in 1995 and again in 2011. They should stick to selling special sets to meet demand for awhile. Just my opinion. >>
JM some good points thank you. Please define short term and long term?
Successful card BST transactions with cbcnow, brogurt, gstarling, Bravesfan 007, and rajah 424.
<< <i>Will it be 1 or 5 Per HH ? >>
2 or 3 per HH mintage 250k
just a guess