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United States Mint Limited Edition 2017 Silver Proof Set - Thursday October 5th
Kudbegud
Posts: 4,735 ✭✭✭✭✭
Available Thursday October 5th @ Noon EDT
Who is in for this 50,000 set limit, 2 per household? I'm torn between getting and not getting it. I have gotten previous year sets but not every one. A little over 2.48 oz's of silver for $140? That's $56 an oz. I'll probably decide at the last minute.
And I can't forget the upcoming American Liberty 225th Anniversary Silver Four-Medal Set on October 19th competing for my coin budget.
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I'll wait a few years to decide.
I'm in for this one- mainly for the ASE. The trimmings are a plus, and the overall display is more enticing than the congratulations set with ASE alone in a cardboard flip. I'll just get one though...don't care what they go for in the secondary market so long as I secure one!
Wonder if their return policy changed prior to these going on sale?
Will be interesting to see if the enhanced uncirculated set saga will turn flippers gunshy on this one.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
As I remember theses limited proof sets are only popular when there's something special include. This year it's the S ASE. That could influence some people. Not sure how the big dealers took to the previous years.
I've backed away from the Mint's plethora of offerings and have become much more selective in what I get excited about.
I pass on this one.
I knew it would happen.
I have not bought any Mint products in over three decades. I see no reason to change.
HHL of 2. Even with multiple addresses, flippers could not order hundreds.
You've never met nurmaler..
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
LOL. I'm not sure what limits are on the bulk buyers. But bulk buyers aren't "flippers" in my book as they aren't trying to quickly flip them into the market. They make the market. You can't really call MCM or Bullion Exchanges or any of the other bulk buyers "flippers".
I buy 'em all the time, I just haven't kept any for myself in over 3 decades.
Just bought a 2014-S Limited Ed silver and a 2014 Kennedy set today at an auction. If I own them a month from now, I paid too much.
I'm in for 2...did great with the Graduation set and think this will be a repeat performance. 2 per household will eliminate the 10k+ returns or large cancellation problems.
I agree. I think the ASE will make these desirable. And risk is minimal with the HH limit of 2. I plan to keep one and hopefully sell one to lower the cost of the set I keep.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
I'm in for two, I think the ASE will keep the interest and value in these.
Successful Trades: Swampboy,
Is this the only coin set to get the S Proof American Eagle?
@aus3000tin No. The first set was the 2017 Congratulations set offered in April, which had a 75,000-set limit (no household limit) and sold out in like two minutes. Prices were steep for the ASE in April and May but have since fallen back. A lot.
Kind regards,
George
Congratulation sets are bringing about $120 - $150 and graded 69s are bringing about $110 - $120.
Successful Trades: Swampboy,
Right @CoinCrazyPA this is against an issue price of about $55. The PR70DCAM PCGS examples with Congratulations Set First Strike/FDI holders are in the $240-$299 range. Even with the addition of 50,000 more sets in a few days, the total mintage is going to be 125,000 for the issue.
Kind regards,
George
Well, it could be good..... but I'll pass again for the 10th year in a row.
“In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson
My digital cameo album 1950-64 Cameos - take a look!
I already have the S ASE...The set does not interest me....I am getting picky as I get older....
Cheers, RickO
I sold a bunch of 2017 congratulations sets for $200 earlier this year. Not sure I'm all that hot on this but I might still grab one or two.
Big difference between a silver eagle with 100K mintage and one with 150K
If you collect silver eagles you are stuck with rest and vice versa........
Postage, grading fees, selling cost and effort brings it down to a wash IMO.
How about one with a 125k mintage?
Guess only a"little" difference
Could someone explain the procedure for the grading of the LE ASE? This would be the first time for the SE silver set (I've never been a buyer of these sets, as a general rule). So, I'll be in for 1 or 2. I'm thinking a First Strike PR70 DCAM set (1 Congrats set and 1 LE set) just might look attractive to those that just HAVE to have those labels.
Here is the web site for your question just in case you want to read it.
https://www.pcgs.com/servicesandfees
I have never done one myself that's why I am not explaining it.
They may, or may not, require the coins to be sent in the original mint folder. This has be done in the past when coins could be from more than one source. Like the S ASE. It could be from the Congratulations product or this LE set. To accurately attribute the coins to this LE set they may have to be broken out by PCSG personal.
Hate to say, I'm going to pass on this one...
POST NUBILA PHOEBUS / AFTER CLOUDS, SUN
Love for Music / Collector of Dreck
I got an email from MCM with offer to buy for extra $ 85 for two sets and you pay to ship to them. Looks like it will
be a battle of the friends and family at 12:00 tomorrow.
I will probably wait for a couple years, and then buy it if the price has gone down.
YN Member of the ANA, ANS, NBS, EAC, C4, MCA, PNNA, CSNS, ILNA, TEC, and more!
Always buying numismatic literature and sample slabs.
So are you saying MCM wants you to buy their 2 coin sets and the total cost is $85.00 over Mint cost. Plus you pay for the shipping from MCM to your door? I guess I did not understand sorry.
I think it's an offer to buy from MCM the 2 sets you buy from the mint for $85 over mint price but you pay the shipping from you to MCM
Opposite. MCM will buy your 2 coin sets for $365.
jmlanzaf,
Close. MCM will pay for your two sets and regular shipping from mint + $85 = rounded $ 370 .
Shipping sealed box to them is out of your $ 85. or $ 37.50 per set less shipping cost to MCM
Wow that has to be a first!
It's a common thing actually. Low HHL brings these offers from dealers at various profit levels. The more the dealer wants inventory the bigger the offer.
From what I can remember this has been going on for years,
Successful Trades: Swampboy,
Wow I remember the Good Old Days when you bought a Whitman Coin Board then paid a fee for worn out old junk Coins to fill it up. Fast forward through years of Investment BS Years to todays prearranged flip to a BIG FLIPPER. Ah this is "Coin Collecting" in its purist form. Scramble for a bit of instant return on your investment.
Free Pizza. Or free Beer. Ahhhhhh........
In and out
USM053205xx
Edit to add
Fastest email confirmation ever 12:02. Could indicate this is not jamming the checkout server with thousands of orders a second.
I'm in for 2...*******6881
A Truth That's Told With Bad Intent
Beats All The Lies You Can Invent
I'm in for 2 - USM05323***
The name is LEE!
I'm in for 4. But flip em now. Still not sold out at 30 minutes
Second pair 0822
House hold limits are slowing things down.
Successful Trades: Swampboy,
3 orders of 2 for me, with about 10,500 orders placed between my first and last, about 30 minutes apart. I placed two orders initially, but had an offer to buy those immediately, so placed a third.
Will take longer but I expect they will sell out in a day or two. Not everyone is in front of a computer at noon.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
Was in at 12:00 but after 10 minutes of processing ,nothing. Was on private browser and switched to normal one and check out was quick
... 
These are really a bad buy. The pieces could have been purchased cheaper than this set. 2017 Silver Mint Set $48
2017 Congratulations Set $55
Total Cost $103
This set is $140 for less coins.
The only reason to buy is if you need the Eagle for a registry set.
9:44am PT and I'm surprised that these have not sold out.
Best Guesstimate is that the 2017-S Silver Eagle will be the 2nd Lowest in Mintage at 125,000 coins.
Interesting.
Oops. Sorry. 3rd Lowest Mintage after the 1995-W and the 2011-s and 2011 Reverse Proof.
The name is LEE!
With a hh limit of 2, it will take a while longer.
Where is the congrats set for sale now at $55?