Honestly, I'm happy that they are still available from the US Mint.
When they do finally sell out, and they will, the regular collector would have had ample time to acquire a set(s) for their collection. I have 3 sets, more than enough for me.
I also purchased a Quarter set from a forum member for a Album I'm building.
My opinion; it will take several years for this set to come into it's own, price wise.
Also, my feeling the sets in OGP will be far less available and more desirable.
~HABE FIDUCIAM IN DOMINO III V VI / III XVI~ POST NUBILA PHOEBUS / AFTER CLOUDS, SUN Love for Music / Collector of Dreck
Well tomorrow a new issue will blast this set far from being the topic of concern. Those Palladium Eagles are all set to launch. Anyone got orders in for MS70 Mostest Most Valuable Labels ?
Bullion isn't worth owning unless its perfect - don't you know?
2017 PROOF SET 363923 09/17/2017
2017 SILVER PROOF SET 245687 09/17/2017
2017 UNC SET 210068 09/17/2017
2017 AM LIBERTY 24K GOLD 1 OZ 24634 09/17/2017
2017 AM LIBERTY SILVER MEDAL (P) 44860 09/17/2017
2017 225TH ANN ENHANCED UNC SET 193573 09/17/2017
2017 PROOF SET 368631 09/24/2017
2017 SILVER PROOF SET 251206 09/24/2017
2017 UNC SET 212463 09/24/2017
2017 AM LIBERTY 24K GOLD 1 OZ 24703 09/24/2017
2017 AM LIBERTY SILVER MEDAL (P) 45171 09/24/2017
2017 225TH ANN ENHANCED UNC SET 194661 09/24/2017
@aus3000tin said:
Seems not only have the sales cooled down, but so has this thread.
It was pushed to page 2 before this posting.
Again, I'm in for 50 sets.
I think they WILL be worth about $50 - $75 in the next 2 years.
Well, that's my 2 cents.
Chris
That's pretty optimistic imho. I think they continue to drift south of issue price and end up a $15 set eventually. I have 10 sets left myself and figure it's a tuition payment! I'm glad I didn't buy more at the ANA show because I thought about it!!
if it wasn't for that 20,000 set order that got returned or canceled, this would be a 40 to 45 dollar set today. they would of never got all those returns afterwards also. in reality- one person or company is responsible for the collapse of this set
@coinpalice said:
if it wasn't for that 20,000 set order that got returned or canceled, this would be a 40 to 45 dollar set today. they would of never got all those returns afterwards also. in reality- one person or company is responsible for the collapse of this set
I believe that is true. I also believe it will be several years before the market sorts it all out.
For what it's worth, I'm not sure we know what happened with those 20,000 sets. It was never quite clear whether the customer canceled or the Mint canceled on the customer.
@coinpalice said:
if it wasn't for that 20,000 set order that got returned or canceled, this would be a 40 to 45 dollar set today. they would of never got all those returns afterwards also. in reality- one person or company is responsible for the collapse of this set
You're right, but its the U.S. Mint that's responsible and it's all part of the gamble in flipping their products. Sometimes it helps, and sometimes it hurts.
@coinpalice said:
if it wasn't for that 20,000 set order that got returned or canceled, this would be a 40 to 45 dollar set today. they would of never got all those returns afterwards also. in reality- one person or company is responsible for the collapse of this set
You're right, but its the U.S. Mint that's responsible and it's all part of the gamble in flipping their products. Sometimes it helps, and sometimes it hurts.
Come on folks ,need to pack it up ...someone else's fault... the Mint's fault..... thread dying ,like interest in set.
25,000 sets left to sell.... no one to blame except not enough buyers ..... time move on to the next hot product coming, from the Mint
@coinpalice said:
if it wasn't for that 20,000 set order that got returned or canceled, this would be a 40 to 45 dollar set today. they would of never got all those returns afterwards also. in reality- one person or company is responsible for the collapse of this set
You're right, but its the U.S. Mint that's responsible and it's all part of the gamble in flipping their products. Sometimes it helps, and sometimes it hurts.
Come on folks ,need to pack it up ...someone else's fault... the Mint's fault..... thread dying ,like interest in set.
25,000 sets left to sell.... no one to blame except not enough buyers ..... time move on to the next hot product coming, from the Mint
Really? You think if this set had stayed sold out in 6 minutes - which is what happened that 1st day - that this set would not have behaved far differently over the last month? It might not change things 5 years from now (whichever way that breaks) but you'd have to be either willfully blind or genetically obtuse to think that a 6 minute sell out wouldn't have created a flurry of activity in the secondary market.
These sets were selling for as much as $80 each on Day 2 before the waves of cancellations/returns all of which were triggered by the reappearance of 20,000 sets on the market.
@coinpalice said:
if it wasn't for that 20,000 set order that got returned or canceled, this would be a 40 to 45 dollar set today. they would of never got all those returns afterwards also. in reality- one person or company is responsible for the collapse of this set
You're right, but its the U.S. Mint that's responsible and it's all part of the gamble in flipping their products. Sometimes it helps, and sometimes it hurts.
Come on folks ,need to pack it up ...someone else's fault... the Mint's fault..... thread dying ,like interest in set.
25,000 sets left to sell.... no one to blame except not enough buyers ..... time move on to the next hot product coming, from the Mint
@jmlanzaf said:
By the way, I was at the local coin club last night. I was surprised by how many people hadn't heard of this set.
Much of the future demand will be from collectors who have not yet heard of this set. As it becomes more widely known I think it will become more popular.
@coinpalice said:
if it wasn't for that 20,000 set order that got returned or canceled, this would be a 40 to 45 dollar set today. they would of never got all those returns afterwards also. in reality- one person or company is responsible for the collapse of this set
You're right, but its the U.S. Mint that's responsible and it's all part of the gamble in flipping their products. Sometimes it helps, and sometimes it hurts.
Come on folks ,need to pack it up ...someone else's fault... the Mint's fault..... thread dying ,like interest in set.
25,000 sets left to sell.... no one to blame except not enough buyers ..... time move on to the next hot product coming, from the Mint
No one is stopping you from moving on.
I just marvel how human emotions don't change ..whether it is $30 dollars or $25,000
@coinpalice said:
if it wasn't for that 20,000 set order that got returned or canceled, this would be a 40 to 45 dollar set today. they would of never got all those returns afterwards also. in reality- one person or company is responsible for the collapse of this set
You're right, but its the U.S. Mint that's responsible and it's all part of the gamble in flipping their products. Sometimes it helps, and sometimes it hurts.
Come on folks ,need to pack it up ...someone else's fault... the Mint's fault..... thread dying ,like interest in set.
25,000 sets left to sell.... no one to blame except not enough buyers ..... time move on to the next hot product coming, from the Mint
Really? You think if this set had stayed sold out in 6 minutes - which is what happened that 1st day - that this set would not have behaved far differently over the last month? It might not change things 5 years from now (whichever way that breaks) but you'd have to be either willfully blind or genetically obtuse to think that a 6 minute sell out wouldn't have created a flurry of activity in the secondary market.
These sets were selling for as much as $80 each on Day 2 before the waves of cancellations/returns all of which were triggered by the reappearance of 20,000 sets on the market.
See.. just more hope and wishful thinking..
My local coin show ,a dealer stocked several sets on his table... none sold with zero questions, interest ... the dealer even offered to sell the sets he had on the table for 30 bucks , if all were purchased
The time for the Mint marketing the set, was weeks before issue
If you compare this set, having a uniquely-new finish variety as the main attraction (with it's peripheral impact as a low mintage Lincoln, as if that matters), the closest comparisons would be to the 2009 copper Lincolns, or to the Reverse Proof Prez Dollars - neither of which has become a hot item, particularly.
That being the case, the Mint continues to poison the well with more and more varieties that nobody's ever heard of, until they finally do at a meeting of coin clubs with ever-shrinking membership roles.
But..............if you enjoy coins, it's a pretty cool set.
Q: Are You Printing Money? Bernanke: Not Literally
@jmski52 said:
If you compare this set, having a uniquely-new finish variety as the main attraction (with it's peripheral impact as a low mintage Lincoln, as if that matters), the closest comparisons would be to the 2009 copper Lincolns, or to the Reverse Proof Prez Dollars - neither of which has become a hot item, particularly.
2009 copper Lincoln’s were’t a different finish - they’re a different composition - can’t even tell them apart from business strike except they’re a little more yellow and less red.
Also the Truman reverse proof sells 4-5x release easy, Eisenhower sells 2x release, 2014 Native American CC sells 2x release. And those are single coins in arguably less popular series.
@coinpalice said:
if it wasn't for that 20,000 set order that got returned or canceled, this would be a 40 to 45 dollar set today. they would of never got all those returns afterwards also. in reality- one person or company is responsible for the collapse of this set
You're right, but its the U.S. Mint that's responsible and it's all part of the gamble in flipping their products. Sometimes it helps, and sometimes it hurts.
Come on folks ,need to pack it up ...someone else's fault... the Mint's fault..... thread dying ,like interest in set.
25,000 sets left to sell.... no one to blame except not enough buyers ..... time move on to the next hot product coming, from the Mint
No one is stopping you from moving on.
I just marvel how human emotions don't change ..whether it is $30 dollars or $25,000
@coinpalice said:
if it wasn't for that 20,000 set order that got returned or canceled, this would be a 40 to 45 dollar set today. they would of never got all those returns afterwards also. in reality- one person or company is responsible for the collapse of this set
You're right, but its the U.S. Mint that's responsible and it's all part of the gamble in flipping their products. Sometimes it helps, and sometimes it hurts.
Come on folks ,need to pack it up ...someone else's fault... the Mint's fault..... thread dying ,like interest in set.
25,000 sets left to sell.... no one to blame except not enough buyers ..... time move on to the next hot product coming, from the Mint
Really? You think if this set had stayed sold out in 6 minutes - which is what happened that 1st day - that this set would not have behaved far differently over the last month? It might not change things 5 years from now (whichever way that breaks) but you'd have to be either willfully blind or genetically obtuse to think that a 6 minute sell out wouldn't have created a flurry of activity in the secondary market.
These sets were selling for as much as $80 each on Day 2 before the waves of cancellations/returns all of which were triggered by the reappearance of 20,000 sets on the market.
See.. just more hope and wishful thinking..
My local coin show ,a dealer stocked several sets on his table... none sold with zero questions, interest ... the dealer even offered to sell the sets he had on the table for 30 bucks , if all were purchased
The time for the Mint marketing the set, was weeks before issue
Wishful thinking? Those are largely cold hard facts that you are too bitter or biased to acknowledge.
Fact: It sold out in 6 minutes
Fact: They were selling for $50-$80 each in the 36 hours after the initial offering went unavailable.
FACT: 20,000 sets were made available Thursday 8/3
FACT: Somewhere between 30,000 and 40,000 sets were returned after they were made available again.
FACT: This set has NOT appreciated in value since 8/3 [nor would ANYONE expect them to when they are still selling at the IPO from the MINT]
MY SPECULATION: The set has not appreciated because of the first 3 facts.
YOUR speculation: This set has not appreciated because of lack of demand.
OUR SPECULATION: We know where we are 5 years from now.
@MsMorrisine said:
FACT: 225,000 - about 195,000 = about 30,000
Yes, that's the minimum. But based on nurmaler's numbers, the net sales was not changing as fast as the available was dropping which must speak to cancellation of orders, as opposed to returns.
Instead, it looks like the mint went back and struck 30K more sets. (That's my assumption. No official word yet.)
Imagine what the mint would have to do to strike more 10 coin sets. Are there good enough die's to strike the new sets? How many new ones are required to make it worth while? New sets only to replace damaged ones? Stay under 225,000 authorized sets. Labor and machine time to strike these new sets. Don't forget ordering more packaging and that cost.
Odds are they are not making any more of these sets. The final numbers will account for returns not resold and will be something under 225k.
Instead, it looks like the mint went back and struck 30K more sets. (That's my assumption. No official word yet.)
Imagine what the mint would have to do to strike more 10 coin sets. Are there good enough die's to strike the new sets? How many new ones are required to make it worth while? New sets only to replace damaged ones? Stay under 225,000 authorized sets. Labor and machine time to strike these new sets. Don't forget ordering more packaging and that cost.
Odds are they are not making any more of these sets. The final numbers will account for returns not resold and will be something under 225k.
It's less complicated than you might think.
They do the same process all year for proof and silver proof sets. The robotics that do the proof/silver proof sets can also do the EU sets. They're no different. Same size blanks, same lenses, same size boxes, same size CoA's.
Considering there's more than 10K EU sets available, I think SF went back to the presses.
Comments
Honestly, I'm happy that they are still available from the US Mint.
When they do finally sell out, and they will, the regular collector would have had ample time to acquire a set(s) for their collection. I have 3 sets, more than enough for me.
I also purchased a Quarter set from a forum member for a Album I'm building.
My opinion; it will take several years for this set to come into it's own, price wise.
Also, my feeling the sets in OGP will be far less available and more desirable.
POST NUBILA PHOEBUS / AFTER CLOUDS, SUN
Love for Music / Collector of Dreck
Well tomorrow a new issue will blast this set far from being the topic of concern. Those Palladium Eagles are all set to launch. Anyone got orders in for MS70 Mostest Most Valuable Labels ?
Bullion isn't worth owning unless its perfect - don't you know?
only if it's one of the firstest mostest most valuable
If next year there is the $*^ anniversary set in EU, with a mintage of 167,000, the price of these, like so many others from the mint,
Well,
As God as my witness, I thought turkeys could fly.
Turkeys can fly.
Sorry, I was away for the Rosh Hashana Holiday.
There are over 9,999 as of a few minutes ago.
..> @nurmaler said:
Now we know where the 20k unaccounted ones are...
Where do you get the palladium coin?
it's too bad they made so many, anyone who wants a set probably already has one
The below linked thread will answer all your questions..
https://forums.collectors.com/discussion/985266/the-new-25-dollar-palladium-coin#latest
On Pre-sale @ Provident and other places
That means .. full mintage 225 ,000 ..... 25,000 sets still available for sale
Someone needs to play Taps for this coin set.
I just finished with "So What" on my horn.
2017 PROOF SET 363923 09/17/2017
2017 SILVER PROOF SET 245687 09/17/2017
2017 UNC SET 210068 09/17/2017
2017 AM LIBERTY 24K GOLD 1 OZ 24634 09/17/2017
2017 AM LIBERTY SILVER MEDAL (P) 44860 09/17/2017
2017 225TH ANN ENHANCED UNC SET 193573 09/17/2017
2017 PROOF SET 368631 09/24/2017
2017 SILVER PROOF SET 251206 09/24/2017
2017 UNC SET 212463 09/24/2017
2017 AM LIBERTY 24K GOLD 1 OZ 24703 09/24/2017
2017 AM LIBERTY SILVER MEDAL (P) 45171 09/24/2017
2017 225TH ANN ENHANCED UNC SET 194661 09/24/2017
New numbers.
wow, these sets might be available until April of 2018 or longer if sales drop off even more
That would be great, think I'm going to purchase another...
POST NUBILA PHOEBUS / AFTER CLOUDS, SUN
Love for Music / Collector of Dreck
You are forgetting the sets were unavailable for 4 of the 7 days in this reporting period.
Only 25,000 sets to go till a sellout
Wow, just think, I can buy them by the roll now.
30,000
22,359
Don't quote me on that.
Seems not only have the sales cooled down, but so has this thread.
It was pushed to page 2 before this posting.
Again, I'm in for 50 sets.
I think they WILL be worth about $50 - $75 in the next 2 years.
Well, that's my 2 cents.
Chris
That's pretty optimistic imho. I think they continue to drift south of issue price and end up a $15 set eventually. I have 10 sets left myself and figure it's a tuition payment! I'm glad I didn't buy more at the ANA show because I thought about it!!
if it wasn't for that 20,000 set order that got returned or canceled, this would be a 40 to 45 dollar set today. they would of never got all those returns afterwards also. in reality- one person or company is responsible for the collapse of this set
That's because I stopped posting. Unfriendly environs...
I believe that is true. I also believe it will be several years before the market sorts it all out.
For what it's worth, I'm not sure we know what happened with those 20,000 sets. It was never quite clear whether the customer canceled or the Mint canceled on the customer.
You're right, but its the U.S. Mint that's responsible and it's all part of the gamble in flipping their products. Sometimes it helps, and sometimes it hurts.
Come on folks ,need to pack it up ...someone else's fault... the Mint's fault..... thread dying ,like interest in set.
25,000 sets left to sell.... no one to blame except not enough buyers ..... time move on to the next hot product coming, from the Mint
Really? You think if this set had stayed sold out in 6 minutes - which is what happened that 1st day - that this set would not have behaved far differently over the last month? It might not change things 5 years from now (whichever way that breaks) but you'd have to be either willfully blind or genetically obtuse to think that a 6 minute sell out wouldn't have created a flurry of activity in the secondary market.
These sets were selling for as much as $80 each on Day 2 before the waves of cancellations/returns all of which were triggered by the reappearance of 20,000 sets on the market.
No one is stopping you from moving on.
By the way, I was at the local coin club last night. I was surprised by how many people hadn't heard of this set.
Much of the future demand will be from collectors who have not yet heard of this set. As it becomes more widely known I think it will become more popular.
My Adolph A. Weinman signature
Too soon?
I just marvel how human emotions don't change ..whether it is $30 dollars or $25,000
See.. just more hope and wishful thinking..
My local coin show ,a dealer stocked several sets on his table... none sold with zero questions, interest ... the dealer even offered to sell the sets he had on the table for 30 bucks , if all were purchased
The time for the Mint marketing the set, was weeks before issue
Genetically Obtuse?!
Hopefully M can get that into his next album.
He did manage to incorporate Munchausen, after all.
If you compare this set, having a uniquely-new finish variety as the main attraction (with it's peripheral impact as a low mintage Lincoln, as if that matters), the closest comparisons would be to the 2009 copper Lincolns, or to the Reverse Proof Prez Dollars - neither of which has become a hot item, particularly.
That being the case, the Mint continues to poison the well with more and more varieties that nobody's ever heard of, until they finally do at a meeting of coin clubs with ever-shrinking membership roles.
But..............if you enjoy coins, it's a pretty cool set.
I knew it would happen.
Well this is how this issue could have ended:
Platinum Proof sells out over 10% under mintage
Instead, it looks like the mint went back and struck 30K more sets. (That's my assumption. No official word yet.)
I don't think it had to strike more. It just had to put the ones it had already struck on sale.
2009 copper Lincoln’s were’t a different finish - they’re a different composition - can’t even tell them apart from business strike except they’re a little more yellow and less red.
Also the Truman reverse proof sells 4-5x release easy, Eisenhower sells 2x release, 2014 Native American CC sells 2x release. And those are single coins in arguably less popular series.
Wishful thinking? Those are largely cold hard facts that you are too bitter or biased to acknowledge.
Fact: It sold out in 6 minutes
Fact: They were selling for $50-$80 each in the 36 hours after the initial offering went unavailable.
FACT: 20,000 sets were made available Thursday 8/3
FACT: Somewhere between 30,000 and 40,000 sets were returned after they were made available again.
FACT: This set has NOT appreciated in value since 8/3 [nor would ANYONE expect them to when they are still selling at the IPO from the MINT]
MY SPECULATION: The set has not appreciated because of the first 3 facts.
YOUR speculation: This set has not appreciated because of lack of demand.
OUR SPECULATION: We know where we are 5 years from now.
I don't think you can compare melting 99.95% platinum coins to these sets.
FACT: 225,000 - about 195,000 = about 30,000
the post count is lower because we were all watching for a sell out.
now that is a ways off.
Does the Mint ever say what the remaining inventory is....other than (Mintage - sold) that we calculate when they release the numbers?
D2
Don't quote me on that.
Yes, that's the minimum. But based on nurmaler's numbers, the net sales was not changing as fast as the available was dropping which must speak to cancellation of orders, as opposed to returns.
Imagine what the mint would have to do to strike more 10 coin sets. Are there good enough die's to strike the new sets? How many new ones are required to make it worth while? New sets only to replace damaged ones? Stay under 225,000 authorized sets. Labor and machine time to strike these new sets. Don't forget ordering more packaging and that cost.
Odds are they are not making any more of these sets. The final numbers will account for returns not resold and will be something under 225k.
It's less complicated than you might think.
They do the same process all year for proof and silver proof sets. The robotics that do the proof/silver proof sets can also do the EU sets. They're no different. Same size blanks, same lenses, same size boxes, same size CoA's.
Considering there's more than 10K EU sets available, I think SF went back to the presses.