@morgansforever said:
There were 4 black labels available last night, I too got in at $1695, my stomach feels ok.
Wow that was weird posted once made a few changes and poof the whole post disappeared. I must of pressed cancel.
Any ways I was saying that I just checked again and yes your right they are back up to 4. Last night I bought 1 when it was at 6. Even though the board brought this up days ago, I did not jump on this Black Label but with the 500 limit issue and that the PCGS FS issue is now over 700. This one does now become more rare. My Opinion of course. I don't know if they got 3 new ones or a order was cancelled. But I wish I knew the Inner working of these Big Coin companies!
Conrad's on your purchase I have NO DOUBT this will be a special one! _At least its now special in my mind! _
Mine is coming soon, message sent - it's on it's way!! These first Palladiums are going to be quite collectible, only 15,000 exist, never mind those few proof like versions. How many PL are there anyways? Does anybody know? Is it just a couple or so? Is it possible to have had a whole roll of PL? There wasn't this much excitement for the first platinums was there? I think the design has a lot to do with it too.
This is starting to bring back memories of the America the beautiful 5 ounce coins that were distributed to bullion dealers. There was a great uproar that the authorized dealers were raising prices and forced the mint to intervine
I wonder if the authorized dealers will stop selling raw coins and only sell graded so they can Jack their prices up
This seems to remind me of when the 5 oz pucks first came out but the distributors were restricted in the number sold and the price sold. One had to purchase from different distributors if they wanted additional sets.
How are those puck values holding now compared to the cost to get in on the flipper price? Seems there were PL in some of those too if I recall.
I think I might wait for things to calm down before I look to add one of these to the accumulation...
@morgansforever said: @jessewvu said:
This is starting to bring back memories of the America the beautiful 5 ounce coins that were distributed to bullion dealers. There was a great uproar that the authorized dealers were raising prices and forced the mint to intervine
I wonder if the authorized dealers will stop selling raw coins and only sell graded so they can Jack their prices up
Why didn't the Mint crank out 150,000 of these instead of only 15,000 coins. Maybe the Mint is to blame?
It's my understanding the mint has never officially limited the mintage to 15,000.
If they do, this coin is a winner. It has a mintage 1/10th that of the 2009 UHR.
But.
There is a lot of exuberance from people seeing dollar signs. If they crank the mint up again for another 15k or 50k pieces, these will be pretty bullion.
Tread carefully.
We are like children who look at print and see a serpent in the last letter but one, and a sword in the last. --Severian the Lame
Has anybody seem these holders for the Palladium coin. And why are they bidding so much on JUST A COIN OUT OF A SLAB. bID IS UP TO $1575.00
I would pay a $100.00 bucks for that holder any body got one? TYIA
@jessewvu said:
Maybe I should buy a roll and roll the dice for a PL...
Anyone have % that are all?
Are the rolls mint sealed? If not, do you really think the AP's aren't checking every coin now for possibke PL? I'm guessing a few may have been sold raw before the announcement of NGC slabbing some as PL but the odds of buying one raw now are probably negligible. Who knows for sure though. Go for it!
Coins came in tubes.. not sealed ....dealer friend bought 2 tubes.. with one coin looking like a PL.. He sold 18 coins in 2 days .. kept the other 2
@Weiss said:
It's my understanding the mint has never officially limited the mintage to 15,000.
If they do, this coin is a winner. It has a mintage 1/10th that of the 2009 UHR.
But.
There is a lot of exuberance from people seeing dollar signs. If they crank the mint up again for another 15k or 50k pieces, these will be pretty bullion.
Tread carefully.
I was thinking along the same lines, potential for more profit, why not pump out another 25k pieces.
Holy crap. And correct me if I'm wrong but the only people profiting off of PL's will be the AP's correct? That doesn't seem fair at all. And people complain about an offering where everyone has a chance, if only for a minute or two. This is worse!
This hobby has always been rigged/stacked against the average collector to a degree.
I've yet to see a PL designation on a PCGS slab. I'm guessing they don't recognize these as PL even if it fits the bill? Could there be PL examples in PCGS slabs, waiting to be sent across the street?
@morgansforever said:
I knew I should have bought their last one. Hope mine is PL and 50% off center, I'll start the bidding at 1 million
Wow would that Not be amazing if both of ours turns out to be PL's. I sent my check off yesterday so I will have a few days before its even ready. Hope they did not sell mine and then tell me sorry we made a mistake! Here is your refund, I would be fuming.
I would fully suspect they are looking at every one that is shipped for PL potential, if not already attributed by PCGS. I ordered several the first day of availability and none were sequentially numbered....
Looks like PCGS MS70 First Strikes are selling for about $1,900, with sellers reaching for more.
The coin is a big hit! We were long overdue to get a real winner from the US Mint. The last big wins I remember were:
2009 UHR
2008 fractional Buffalo's
2008-W $1 Burnished Eagle w/ Rev '07
2006 20th Anniversary Silver Eagles
@jwitten said:
I am considering buying another. Stupid?
You'll know with clarity in a few months. I too struggle with the same question. Looking at the reverse, what is the significance of the eagle with the olive branch in its beak? Some hidden symbolism? Taking a bite out of peace? Anyone else scratching their head?
@jwitten said:
I am considering buying another. Stupid?
Depends on what your motives are. If you like the coin and have the cash, why not? If you think you can sell it for a profit, those margins are dwindling daily.
@jwitten said:
I am considering buying another. Stupid?
Depends on what your motives are. If you like the coin and have the cash, why not? If you think you can sell it for a profit, those margins are dwindling daily.
Well, I currently have the cash, and I DO like the coin. But I also don't like to buy coins that will nose dive after purchase, and that's where I am unsure.
@jwitten said:
I am considering buying another. Stupid?
Absolutely NOT. I bought one yesterday at Check price. $1695.00 I think. More than I wanted to spend but I went for it. I am sure they will get more in the next few days. Just don't ask me how my stock picks are doing this year!
If the mint makes more, which there is nothing anywhere stating that's the case, i think it could hurt the value. Currently, i see these topping $2,000 raw. I bought some extra just because I thought it was going to be a winner when i ordered mine the day they were released. I sure wish i had purchased them all
So in this article from Coin World states that total mintage production is capped at 15,000. coins and NO MORE for 2017. Are they wrong?
By Paul Gilkes , Coin World
Published : 10/06/17
Palladium American Eagle bullion coins get high grades from services
Many submitted to grading services earning Mint State 70 designations
Nice wooden box Gluggo!!!! That isn't available on the mint's website, or anywhere else......hmmmmmmm makes you wonder, was it a holder for a gold coin perhaps? What???? The mint could make more than 15,000? That's just an initial run? I'll never figure out the mint.
@jwitten said:
I am considering buying another. Stupid?
Depends on what your motives are. If you like the coin and have the cash, why not? If you think you can sell it for a profit, those margins are dwindling daily.
Well, I currently have the cash, and I DO like the coin. But I also don't like to buy coins that will nose dive after purchase, and that's where I am unsure.
I don't believe these will nose dive. It may be the opposite and go to the moon prices?
This imo is the most exciting coin the mint has put out in years. Being the first of a yearly series guarantees it's success.
That being said, I'd have a hard time forking over the cash at the current prices.
@jwitten said:
I am considering buying another. Stupid?
Depends on what your motives are. If you like the coin and have the cash, why not? If you think you can sell it for a profit, those margins are dwindling daily.
Well, I currently have the cash, and I DO like the coin. But I also don't like to buy coins that will nose dive after purchase, and that's where I am unsure.
I don't believe these will nose dive. It may be the opposite and go to the moon prices?
This imo is the most exciting coin the mint has put out in years. Being the first of a yearly series guarantees it's success.
That being said, I'd have a hard time forking over the cash at the current prices.
What if future years have lower mintage? There are plenty of first year issues that have not climbed in value.
@jessewvu said:
This is starting to bring back memories of the America the beautiful 5 ounce coins that were distributed to bullion dealers. There was a great uproar that the authorized dealers were raising prices and forced the mint to intervine
I wonder if the authorized dealers will stop selling raw coins and only sell graded so they can Jack their prices up
The ATB 5 oz coins are exactly what came to my mind as well. In this case in particular it seems crazy that the authorized distributors get to make such a killing.
Sure hope these don't crash like the first 5 ATBs did. They went so high - than just crashed and stayed down.
I like these coins much better. That said, if they start doing collector coins in palladium and the interest and mintages wane these first ones could certainly go down substantially. Time will tell.
I do have to say that these are just awesome looking coins.
@Golden1 said:
Looks like PCGS MS70 First Strikes are selling for about $1,900, with sellers reaching for more.
The coin is a big hit! We were long overdue to get a real winner from the US Mint. The last big wins I remember were:
2009 UHR
2008 fractional Buffalo's
2008-W $1 Burnished Eagle w/ Rev '07
2006 20th Anniversary Silver Eagles
The biggest if all $ wise was the 08 ASE w/rev of 07. Some here who got a bunch from the Mint made life changing money.
@Golden1 said:
Looks like PCGS MS70 First Strikes are selling for about $1,900, with sellers reaching for more.
The coin is a big hit! We were long overdue to get a real winner from the US Mint. The last big wins I remember were:
2009 UHR
2008 fractional Buffalo's
2008-W $1 Burnished Eagle w/ Rev '07
2006 20th Anniversary Silver Eagles
The biggest if all $ wise was the 08 ASE w/rev of 07. Some here who got a bunch from the Mint made life changing money.
The 08 plats did well also.
I was lucky enough to get five 08 ASE w/rev of 07 @ $28.95. I sold 4 of them for $450 and one for $500
1) UHR for $1,300, sold for $4,500
10) 20th anniversary silver eagle sets @ $100 each, sold them for $500 each
Pinehurst Coin Exchange Amazing how they were able to find these 2 Proof Like coins from their stock! Especially since they sold all of the other coins. This can be yours for $10,999
2017 $25 AMERICAN PALLADIUM EAGLE .9995 1 OZ NGC MS70PL FDI PALLADIUM LABEL
The Palladium coin reminds me the 2006 Gold Anniv set ....a 10,000 mintage st> @Raufus said:
@Golden1 said:
Looks like PCGS MS70 First Strikes are selling for about $1,900, with sellers reaching for more.
The coin is a big hit! We were long overdue to get a real winner from the US Mint. The last big wins I remember were:
2009 UHR
2008 fractional Buffalo's
2008-W $1 Burnished Eagle w/ Rev '07
2006 20th Anniversary Silver Eagles
The biggest if all $ wise was the 08 ASE w/rev of 07. Some here who got a bunch from the Mint made life changing money.
The 08 plats did well also.
The 08 rev of 07 needed a quirk... bought 10 or less eagles ...6 out 10 were the 07 reverses ,, bought 100 at a time.. zero 08/of 07s .. yes... the biggest score ever from a Mint coin . 15x -30 return ....better than stock options
The 08 rev of 07 sealed boxes disappeared from ebay ,a year or two ago......
I have been in 10 days of shipping limbo waiting for my raw Pd to arrive. Nerve racking to say the least.
Service Type: Signature Confirmation
Finally I can expect it today. Some times the USPS likes to mess with my head.
edit to add
Right next to the shipping progress email was this one about the Coin World Monday Morning Brief right on topic for this thread. Think Paul Gilkes reads this forum? https://coinworld.com/videos/2017/10/monday-morning-brief-oct-16-2017.html?utm_medium=Email&utm_source=Lyris&utm_campaign=MondayMorningBrief While the 1-ounce gold and silver American Eagle bullion coins, 1-ounce gold American Buffalo and 5-ounce silver bullion America the Beautiful quarter dollars are being struck to order, the 1-ounce bullion versions of the platinum American Eagle and inaugural palladium American Eagle are being treated more like numismatic issues, with limited mintages.
@MilesWaits said:
MCM decided to quit messing around in the one NGC 70 they have left they pumped up to 1800.
APMEX has zero.
Any others out there that you see?
@MilesWaits said:
MCM decided to quit messing around in the one NGC 70 they have left they pumped up to 1800.
APMEX has zero.
Any others out there that you see?
MCM is down to 19 left selling at their HIGH PRICE of $ 1849.00
Comments
FYI APMEX is down to their last Black Label (until they restock) Palladium Coin if you can stomach the $1695.00! ( Like I did)
I am starting to think the 500 limit production is going to be a good thing.
https://www.apmex.com/product/155884/2017-1-oz-palladium-american-eagle-ms-70-pcgs-fs-black-label
There were 4 black labels available last night, I too got in at $1695, my stomach feels ok.
Wow that was weird posted once made a few changes and poof the whole post disappeared. I must of pressed cancel.
Any ways I was saying that I just checked again and yes your right they are back up to 4. Last night I bought 1 when it was at 6. Even though the board brought this up days ago, I did not jump on this Black Label but with the 500 limit issue and that the PCGS FS issue is now over 700. This one does now become more rare. My Opinion of course. I don't know if they got 3 new ones or a order was cancelled. But I wish I knew the Inner working of these Big Coin companies!
Conrad's on your purchase I have NO DOUBT this will be a special one! _At least its now special in my mind! _
Mine is coming soon, message sent - it's on it's way!! These first Palladiums are going to be quite collectible, only 15,000 exist, never mind those few proof like versions. How many PL are there anyways? Does anybody know? Is it just a couple or so? Is it possible to have had a whole roll of PL? There wasn't this much excitement for the first platinums was there? I think the design has a lot to do with it too.
This is starting to bring back memories of the America the beautiful 5 ounce coins that were distributed to bullion dealers. There was a great uproar that the authorized dealers were raising prices and forced the mint to intervine
I wonder if the authorized dealers will stop selling raw coins and only sell graded so they can Jack their prices up
This seems to remind me of when the 5 oz pucks first came out but the distributors were restricted in the number sold and the price sold. One had to purchase from different distributors if they wanted additional sets.
How are those puck values holding now compared to the cost to get in on the flipper price? Seems there were PL in some of those too if I recall.
I think I might wait for things to calm down before I look to add one of these to the accumulation...
Why didn't the Mint crank out 150,000 of these instead of only 15,000 coins. Maybe the Mint is to blame?
It's my understanding the mint has never officially limited the mintage to 15,000.
If they do, this coin is a winner. It has a mintage 1/10th that of the 2009 UHR.
But.
There is a lot of exuberance from people seeing dollar signs. If they crank the mint up again for another 15k or 50k pieces, these will be pretty bullion.
Tread carefully.
--Severian the Lame
Has anybody seem these holders for the Palladium coin. And why are they bidding so much on JUST A COIN OUT OF A SLAB. bID IS UP TO $1575.00
I would pay a $100.00 bucks for that holder any body got one? TYIA
http://www.ebay.com/itm/112597650143?ul_noapp=true
Is this going to far or am I missing something?
Sold For $1600.00 just for the ungraded coin.
Coins came in tubes.. not sealed ....dealer friend bought 2 tubes.. with one coin looking like a PL.. He sold 18 coins in 2 days .. kept the other 2
I was thinking along the same lines, potential for more profit, why not pump out another 25k pieces.
This hobby has always been rigged/stacked against the average collector to a degree.
I've yet to see a PL designation on a PCGS slab. I'm guessing they don't recognize these as PL even if it fits the bill? Could there be PL examples in PCGS slabs, waiting to be sent across the street?
BLACK LABEL 2017 1 oz Palladium American Eagle MS-70 PCGS (FS, Black Label)
Currently Out of Stock
https://www.apmex.com/product/155884/2017-1-oz-palladium-american-eagle-ms-70-pcgs-fs-black-label
Question is Will they get more?
Is it too late to buy another?
And WILL THE PRICE GO UP AGAIN?
I knew I should have bought their last one. Hope mine is PL and 50% off center, I'll start the bidding at 1 million
Wow would that Not be amazing if both of ours turns out to be PL's. I sent my check off yesterday so I will have a few days before its even ready. Hope they did not sell mine and then tell me sorry we made a mistake! Here is your refund, I would be fuming.
I would fully suspect they are looking at every one that is shipped for PL potential, if not already attributed by PCGS. I ordered several the first day of availability and none were sequentially numbered....
I wonder what these PL examples really hammered for? See a few 70's with BIN for 10-12k and a 69 for 7k.
The APMEX Black Label is very classy. Did they have any PLs?
Looks like PCGS MS70 First Strikes are selling for about $1,900, with sellers reaching for more.
The coin is a big hit! We were long overdue to get a real winner from the US Mint. The last big wins I remember were:
2009 UHR
2008 fractional Buffalo's
2008-W $1 Burnished Eagle w/ Rev '07
2006 20th Anniversary Silver Eagles
I am considering buying another. Stupid?
You'll know with clarity in a few months. I too struggle with the same question. Looking at the reverse, what is the significance of the eagle with the olive branch in its beak? Some hidden symbolism? Taking a bite out of peace? Anyone else scratching their head?
Depends on what your motives are. If you like the coin and have the cash, why not? If you think you can sell it for a profit, those margins are dwindling daily.
Well, I currently have the cash, and I DO like the coin. But I also don't like to buy coins that will nose dive after purchase, and that's where I am unsure.
Absolutely NOT. I bought one yesterday at Check price. $1695.00 I think. More than I wanted to spend but I went for it. I am sure they will get more in the next few days. Just don't ask me how my stock picks are doing this year!
If the mint makes more, which there is nothing anywhere stating that's the case, i think it could hurt the value. Currently, i see these topping $2,000 raw. I bought some extra just because I thought it was going to be a winner when i ordered mine the day they were released. I sure wish i had purchased them all
So in this article from Coin World states that total mintage production is capped at 15,000. coins and NO MORE for 2017. Are they wrong?
By Paul Gilkes , Coin World
Published : 10/06/17
Palladium American Eagle bullion coins get high grades from services
Many submitted to grading services earning Mint State 70 designations
The United States Mint sold 15,000 of the 1-ounce .9995 palladium $25 coins through its network of authorized purchasers on Sept. 25. U.S. Mint officials announced Oct. 5 that_ no more 2017 palladium bullion coins will be struck_ (all production occurred at the Philadelphia Mint).
https://www.coinworld.com/news/precious-metals/2017/10/palladium-american-eagles-exhibit-quality.html
Nice wooden box Gluggo!!!! That isn't available on the mint's website, or anywhere else......hmmmmmmm makes you wonder, was it a holder for a gold coin perhaps? What???? The mint could make more than 15,000? That's just an initial run? I'll never figure out the mint.
Looks like the case from the gold Buffalo.
Yes the seller told me it came from APMEX a while back. It originally came from the US Mint the 1oz Gold Indian/Buffalo hd coins
I don't believe these will nose dive. It may be the opposite and go to the moon prices?
This imo is the most exciting coin the mint has put out in years. Being the first of a yearly series guarantees it's success.
That being said, I'd have a hard time forking over the cash at the current prices.
What if future years have lower mintage? There are plenty of first year issues that have not climbed in value.
What do you think about adding one of these to your collection as a mate to the Pd dime? They kind of go together.
The ATB 5 oz coins are exactly what came to my mind as well. In this case in particular it seems crazy that the authorized distributors get to make such a killing.
Sure hope these don't crash like the first 5 ATBs did. They went so high - than just crashed and stayed down.
I like these coins much better. That said, if they start doing collector coins in palladium and the interest and mintages wane these first ones could certainly go down substantially. Time will tell.
I do have to say that these are just awesome looking coins.
The biggest if all $ wise was the 08 ASE w/rev of 07. Some here who got a bunch from the Mint made life changing money.
The 08 plats did well also.
20 more dollars on the spot price of palladium and I will see the early original pricing on the raw Palladium coins at $1030.
I was lucky enough to get five 08 ASE w/rev of 07 @ $28.95. I sold 4 of them for $450 and one for $500
1) UHR for $1,300, sold for $4,500
10) 20th anniversary silver eagle sets @ $100 each, sold them for $500 each
Palladium is over $1,000 !
Pinehurst Coin Exchange Amazing how they were able to find these 2 Proof Like coins from their stock! Especially since they sold all of the other coins. This can be yours for $10,999
2017 $25 AMERICAN PALLADIUM EAGLE .9995 1 OZ NGC MS70PL FDI PALLADIUM LABEL
http://pinehurstcoins.com/catalogsearch/result/?q=2017+$25+AMERICAN+PALLADIUM+EAGLE+
The Palladium coin reminds me the 2006 Gold Anniv set ....a 10,000 mintage st> @Raufus said:
The 08 rev of 07 needed a quirk... bought 10 or less eagles ...6 out 10 were the 07 reverses ,, bought 100 at a time.. zero 08/of 07s .. yes... the biggest score ever from a Mint coin . 15x -30 return ....better than stock options
The 08 rev of 07 sealed boxes disappeared from ebay ,a year or two ago......
I have been in 10 days of shipping limbo waiting for my raw Pd to arrive. Nerve racking to say the least.
Service Type: Signature Confirmation
Finally I can expect it today. Some times the USPS likes to mess with my head.
edit to add
Right next to the shipping progress email was this one about the Coin World Monday Morning Brief right on topic for this thread. Think Paul Gilkes reads this forum?
https://coinworld.com/videos/2017/10/monday-morning-brief-oct-16-2017.html?utm_medium=Email&utm_source=Lyris&utm_campaign=MondayMorningBrief
While the 1-ounce gold and silver American Eagle bullion coins, 1-ounce gold American Buffalo and 5-ounce silver bullion America the Beautiful quarter dollars are being struck to order, the 1-ounce bullion versions of the platinum American Eagle and inaugural palladium American Eagle are being treated more like numismatic issues, with limited mintages.
I lucked out and bought in at $100 over spot and rec 3 last week they are at PCGS now hope the best. I know there was no PL in the bunch.
Hoard the keys.
MCM decided to quit messing around in the one NGC 70 they have left they pumped up to 1800.
APMEX has zero.
Any others out there that you see?
APMEX has early release ngc MS70 for a little over $1,600 using check. I just picked one up.
https://www.apmex.com/product/152023/2017-1-oz-palladium-american-eagle-ms-70-ngc-early-releases
I guess I should of bought more! They have 28 left! But why buy there when you can get them at APMEX at for $1669.00 And they have 20 left!
https://www.apmex.com/search?q=2017+1+oz+Palladium+American+Eagle
https://www.moderncoinmart.com/more/platinum-palladium/american-paladium-eagles/
It's here!
Late delivery kept me checking all after noon. I have to agree with several others that this should be coin of the year.
Agreed. For me it is the coin the year. The last really spectacular coin of the year for me was the 2009 UHR.
MCM is down to 19 left selling at their HIGH PRICE of $ 1849.00
https://www.moderncoinmart.com/2017-1-oz-high-relief-palladium-american-eagle-25-coin-ngc-ms70-fdi-black-core-holder-exclusive-us-mint-225th-anniversary-label.html
Apmex keeps having new 70's in for under 1,700, at the link I posted above