Looks like 2012-W Uncirculated Silver Eagle is gone at 200K

2manycoins2fewfunds · March 8, 2013 12:29AM

Backordered at around 200,000 mintage.

Casman · March 8, 2013 2:02AM

If actually going dark seems this would be a new low in the burnished series? Adding in the annual dollar sets would still put it under 220K.

pitboss · March 8, 2013 5:48AM

Their website does not show them as sold out!

19Lyds · March 8, 2013 1:16PM

Folks, it's only March.

pitboss · March 8, 2013 1:20PM

That's the 2012 W, it's 2013 now!

19Lyds · March 8, 2013 1:23PM

<< That's the 2012 W, it's 2013 now! >>

19Lyds · March 8, 2013 1:24PM

It's still March though right??

Retired folks do lose track of time.

pitboss · March 8, 2013 1:32PM

I do it all the time. I never even remember what day it is.

pitboss · March 8, 2013 1:40PM

So, are these things going dark or not? Does anyone know?

Akbeez · March 8, 2013 1:54PM

Were these part of any other mint sets in 2012? I think it was mainly the 2012-S Sets... The 2012 Annual Dollar Sets are still available.

Agreed, could be another lowest mintage other than the 100k 2011 special strikes.

Overdate · March 8, 2013 1:57PM

<< If actually going dark seems this would be a new low in the burnished series? Adding in the annual dollar sets would still put it under 220K. >>

The low so far in the burnished series is the 2011-S at 100k.

The annual dollar sets are still available at the Mint's website for $59.95. Is there an issue limit? The website description does not show one.

Akbeez · March 8, 2013 2:43PM

I don't think the Dollar sets had limits -- but can't imagine they were struck in any great numbers. I don't recall what the previous mintages were for those.

Thanks to 2many OP for the head's up. Decided to pick up a few in OGP before they go dark...

drei3ree · March 10, 2013 11:05AM

LINK

Is it typical to show "available for shipping..." before going dark? I bought a few dozen 2012-W in MS70 FS in anticipation of a new semi-key. Looks like it'll be no worse than 6th in the ASE world:

#1-1995-W proof = 30K
#2-2008/7 = 47K
#3/4-2011-S & RP = 100K
#5-2012-W = ~220K
#6-2012 RP = 225K
#7-2006 RP = 249K
#8-2012-S proof = ~281K
#9-1994 proof = 372K

pitboss · March 11, 2013 3:52AM

NOW they have officially put up the SOLD OUT sign.

Constantine · March 11, 2013 3:57AM

<< NOW they have officially put up the SOLD OUT sign. >>

Wow, that was quick! A very low mintage indeed.

pitboss · March 11, 2013 4:21AM

I had no ordered from the mint in 2 years but when this notice of low mintage went up I ordered 6 last week.

Casman · March 11, 2013 4:36AM

I picked up a few as well...

pitboss · March 11, 2013 12:31PM

I think this is the lowest of the uncirculated W mintages which started in 2006.

Akbeez · March 11, 2013 1:21PM

XA3 sets are still available -- the fat lady hasn't sung yet.

(might be a good buy right now)

pitboss · March 11, 2013 1:34PM

Was that not limited to 20K?

Raufus · March 11, 2013 1:35PM

Good point. I wonder how much of a run there will be on these sets.

Zrider · March 11, 2013 1:41PM

You just talked me into one of em.

pitboss · March 11, 2013 1:41PM

I think this is the 3rd set they have made or did I miss some?

Raufus · March 11, 2013 1:44PM

<< Was that not limited to 20K? >>

I don't see any mention of limits on The Mint web site.

Akbeez · March 11, 2013 1:45PM

PB - where did you get the 20k number?

Last weeks Mint report showed 17,771 XA3 sets being sold (will be updated soon). Plus 197, 711 12-W's sold = 215,482 mintage THUS FAR.

The estimate of 220k may be fairly accurate if PB is correct with his 20k number. Hmmmmm XA3 sets might be a good bet...

pitboss · March 11, 2013 1:50PM

I seem to remember that was what they sold of the 1st 2 sets but I could be wrong.

If that is what it was then these sets will sell out this week.

Raufus · March 11, 2013 2:19PM

<< I seem to remember that was what they sold of the 1st 2 sets but I could be wrong.

If that is what it was then these sets will sell out this week. >>

I don't see anything about mintage limits for these sets on The Mint web site. If there were such a limit I would think that it would be on the site. We may be celebrating too soon...

pitboss · March 11, 2013 2:32PM

If they only made 200K of the feature coin and are just now putting up the sold sign I doubt if the made more than 10% of that amount of sets which they had trouble selling in 2007 and 2008.

Overdate · March 11, 2013 6:14PM

The 2011-S is the key burnished Silver Eagle with 100k mintage, and it sells for about $220 raw or MS69.

The mintage of the 2012-W is 220k or more, so while it might have some upside from the current price of ~$55, I think that upside will be limited.

19Lyds · March 11, 2013 6:22PM

Yes, these are included as part of the 2012 Dollar Coin Sets which have reported sales of 17,489 and which are still available form the US Mints Web Site.

Well, unless your really into the packaging of the individual coins that is.

I see at least 213,790 sold excluding whats in inventory in the Dollar Sets which do not appear to have any mintage limits.

Dollar sets

BigA · March 11, 2013 11:20PM

Just bought me some more dollar sets.....these will soon be toast also

2manycoins2fewfunds · March 11, 2013 11:54PM

A word of caution to those buying the uncirculated dollar sets.

The ASE will be raw with no box or COA which will impact resale unless you plan to submit for grading.

ASE boxes and COAs will likely be available but at $5 range.

Also consider the combined total of 200,000 boxed coins plus 20K in the sets approaches the final mintage of the 2012-S 2 coin sets which sell for a modest $25 +/- premium over issue price.

All and all a lot of effort for what will likely be a very modest gain at best.

Raufus · March 12, 2013 12:32AM

<< A word of caution to those buying the uncirculated dollar sets.

The ASE will be raw with no box or COA which will impact resale unless you plan to submit for grading.

ASE boxes and COAs will likely be available but at $5 range.

Also consider the combined total of 200,000 boxed coins plus 20K in the sets approaches the final mintage of the 2012-S 2 coin sets which sell for a modest $25 +/- premium over issue price.

All and all a lot of effort for what will likely be a very modest gain at best. >>

If they end up in the 220K range MS70s may do well. MS70s now seem to be going for nearly $100 however so buying 70s now may have little upside.

Casman · March 12, 2013 12:40AM

The FS MS70's are already trending between $120-150 and one hit $200+ post sellout.

Sure that peak is only 1 sale but try finding 1 now in PCGS MS70 for $100.

They were quickly snapped up in quantity within a few days. I see lots of upside for the PCGS FS coins in both 69 and 70.

Edit: and now another 70 sold at $190

link

19Lyds · March 12, 2013 5:16AM

Gosh. So much emphasis on Mint Packaging.

But.......if thats what the public "believes" then I guess thats whats needed. I mean, its not like its the King of Siam Mint Packaging so I just do not understand the perceived importance of mint packaging over the actual coin or mintage of the piece.

How did things get so screwed up anyway??

Raufus · March 12, 2013 7:30AM

<< The FS MS70's are already trending between $120-150 and one hit $200+ post sellout.

Sure that peak is only 1 sale but try finding 1 now in PCGS MS70 for $100.

They were quickly snapped up in quantity within a few days. I see lots of upside for the PCGS FS coins in both 69 and 70.

Edit: and now another 70 sold at $190

link >>

Definitely upside for MS70FS if one bought them pre-back order/going dark or had one's own coins graded. I meant that I see little upside for those buying MS70FS coins now, at the current prices.

rooksmith · March 12, 2013 8:06AM

Anything under 500,000 is nowadays considered semi key. On the other hand, these are not circulation coins. A 1982 MS-60 Washington Quarter would get you a better return - if you found one in change.

19Lyds · March 12, 2013 1:39PM

<< Anything under 500,000 is nowadays considered semi key. On the other hand, these are not circulation coins. A 1982 MS-60 Washington Quarter would get you a better return - if you found one in change. >>

What? Huh??

An MS60 1982 Washington? You can;t be serious with what you just said.

guitarwes · March 14, 2013 2:31AM

I bought 5- 2012-W burnished Eagles from Provident on Tuesday. They called me yesterday and said they should not have sold these to me as they were out of stock (they were live on their website at the time of ordering as with everything they have IN stock).

Hmmmm. I guess they got word that they were sold at the Mint.......

CoinMaster1229 · March 14, 2013 2:43AM

I bought some of the unc dollar sets. Cancel box gone today.

drei3ree · March 14, 2013 3:53AM

PCGS prices the 2011-S in MS70FS at $450, 8101 graded. The 2012-W is priced $90 in MS70FS, 2642 graded. I think it has some room to run and won't be surprised if it top $250.

wondercoin · March 14, 2013 3:56AM

"PCGS prices the 2011-S in MS70FS at $450, 8101 graded. The 2012-W is priced $90 in MS70FS, 2642 graded. I think it has some room to run and won't be surprised if it top $250."

2011-S - 100,000 mintage and key to the burnished series
2012-W - 220,000 mintage (approx) and rising every day

Apples vs. oranges.

And, I am not saying that I do not like the 2012-W silver eagles.. I am just pointing out why the "pops" are not directly linked to the prices referred to.

As always, just my 2 cents.

Wondercoin

Casman · March 14, 2013 4:20AM

<< PCGS prices the 2011-S in MS70FS at $450, 8101 graded. The 2012-W is priced $90 in MS70FS, 2642 graded. I think it has some room to run and won't be surprised if it top $250. >>

The pop for the other (W) Stuck at West Point is something like 12K and price guide is $115???

drei3ree · March 14, 2013 4:44AM

I'm finding the ASE to be a very interesting series and am not at all bothered by the number of special issue sets or the milk spots. If milk spots are a worry, just buy encapsulated 70's so that you have a spot guarantee. If plastic isn't your game, buy them from the Mint and give them a good acetone bath, put them back in the AirTite, and store them with a Dry-Pack and they should be fine.

<< And, I am saying that I do not like the 2012-W silver eagles.. I am just pointing out why the "pops" are not directly linked to the prices referred to.

As always, just my 2 cents.

Wondercoin >>

Wondercoin -- I assume that was a typo and you "like" the 2012-W, yes? I realize the 2011-S and 2012-W isn't a great comparison, but the 12-W is the 3rd lowest mintage in the burnished ASE world (if you count the 08/7 variety). That said, I believe the 2011-S has room to run too and would (and have) bought at current prices.

wondercoin · March 14, 2013 4:47AM

drei3ree .. thanks. I just fixed that typo.

Wondercoin

Raufus · March 16, 2013 4:01AM

Unless I'm missing something, it seems as though the dollar sets have no limits and could just keep driving the numbers up.

Raufus · March 16, 2013 5:01AM

Look at these. Toning already!

http://www.ebay.com/itm/2012-W-Silver-Eagle-burnished-PCGS-First-Strike-Flag-ms70-Three-coins-toning-/330890085633?pt=Bullion_US&hash=item4d0a960501

Raufus · March 16, 2013 5:08AM

It's amazing how many listings on Ebay are titled "2012 W" when, in fact, the coins are 2012 (W). I wonder how many people have paid big $ for the (W) coins having no idea of the difference between them and the burnished ones.

Akbeez · March 16, 2013 5:33AM

I find the (W) coins just irritating. A total marketing ploy by the tpgs.

As for the XA3 sets, I can't imagine that many were produced to keep selling too much longer. Sales will pick up now that the singles have sold out at low levels.

drfish · March 16, 2013 5:37AM

Those toned 12-w ASEs were mine 3 of 8 developed spots of toning-so far. 0 of 15 NGC 12-w have developed spots.

felinfoel · March 16, 2013 5:52AM

<< I'm finding the ASE to be a very interesting series and am not at all bothered by the number of special issue sets or the milk spots. If milk spots are a worry, just buy encapsulated 70's so that you have a spot guarantee. >>

Except that PCGS no longer offers a spot guarantee. Thread.

Looks like 2012-W Uncirculated Silver Eagle is gone at 200K

Comments

Leave a Comment