GOLD SET IS SOLD OUT - Per US MINT

richardshipp · August 31, 2006 1:08AM

See Link..

That was fast

clevegreg · August 31, 2006 1:12AM

Orders have been taken that meet the mintage level of 10,000 for the American Eagle 20th Anniversary Gold Coin Set. We will continue to accept orders in the event cancellations occur. In that event, you will be considered “next in line,” and will be processed on a first-in, first-out basis based upon any remaining inventory that may be available. The United States Mint CANNOT provide information on specific customer placement status either online or by telephone. If paying by credit card, please ensure the expiration date is not before December 31, 2006. If we are not able to fulfill your order, you will be notified that your order was cancelled. If you paid by check, you will receive a refund. The United States Mint reserves the right to accept or reject product orders in any combination or options it determines to be in its best interest.

richardshipp · August 31, 2006 1:13AM

Since their site is sporadic still... here is what the Mint is saying:

American Eagle 20th Anniversary Gold Coin Set (A12)

Orders have been taken that meet the mintage level of 10,000 for the American Eagle 20th Anniversary Gold Coin Set. We will continue to accept orders in the event cancellations occur. In that event, you will be considered “next in line,” and will be processed on a first-in, first-out basis based upon any remaining inventory that may be available. The United States Mint CANNOT provide information on specific customer placement status either online or by telephone. If paying by credit card, please ensure the expiration date is not before December 31, 2006. If we are not able to fulfill your order, you will be notified that your order was cancelled. If you paid by check, you will receive a refund. The United States Mint reserves the right to accept or reject product orders in any combination or options it determines to be in its best interest.

FatMan · August 31, 2006 1:15AM

FSH 1 20th Anniversary Gold Set. Order confirmed at 2:33 pm 8/30 by US Mint. $1,000,000

This listing coming soon to an Ebay catagory near you.

Newb · August 31, 2006 1:19AM

Now if they make more I'm gonna get medeival on someone's azz....

holeinone1972 · August 31, 2006 1:25AM

Well ordered 2 yesterday around 6 pm, and 1 more this a.m. I hope I get all 3.

Wish I had more room to order more. Gonna kick myself for not opening more credit I think.

WWWWWHHHEE I hope its a fun ride.

Here is a gold set on ebay already....

aficionado · August 31, 2006 1:25AM

WooHooo !!

Fastest ever.

We must have been right about last nights down time. They might have been doing an inventory of orders. !!!

Drinks are on me !!!

GopherNationals · August 31, 2006 1:27AM

With the 3 piece gold set gone, I would expect more spill over into the 2 piece gold/silver set. I would expect these to sell out pretty quickly too.

partagas · August 31, 2006 1:31AM

This is so awesome. Score!!!!!!!!!!!!!!!!!!!!!

Hope everyone bought some. These will be $3-4k within a year. Assuming the market trend continues.

tizofthe · August 31, 2006 1:32AM

I dont see anywhere that it is sold out. See the link.mint link

aficionado · August 31, 2006 1:33AM

<< I dont see anywhere that it is sold out. See the link.mint link >>

Click on the Gold Set. See the RED print.

ziggy29 · August 31, 2006 1:34AM

<< I dont see anywhere that it is sold out. See the link.mint link >>

Follow the link to that item:

Orders have been taken that meet the mintage level of 10,000 for the American Eagle 20th Anniversary Gold Coin Set. We will continue to accept orders in the event cancellations occur. In that event, you will be considered “next in line,” and will be processed on a first-in, first-out basis based upon any remaining inventory that may be available. The United States Mint CANNOT provide information on specific customer placement status either online or by telephone. If paying by credit card, please ensure the expiration date is not before December 31, 2006. If we are not able to fulfill your order, you will be notified that your order was cancelled. If you paid by check, you will receive a refund. The United States Mint reserves the right to accept or reject product orders in any combination or options it determines to be in its best interest.

richardshipp · August 31, 2006 1:34AM

Click one more time at your link... click on the gold set

LanLord · August 31, 2006 1:34AM

<< I dont see anywhere that it is sold out. See the link.mint link >>

Look at the top of the page for the 3 piece gold set!

Newb · August 31, 2006 1:35AM

I just called and made sure all my credit card info was kosher. Had one expire on me unbeknownst a couple of months ago and they will NOT notify you.

and by the way... WOOOO HOOOOO!!!!!!!!!!!!

Bear · August 31, 2006 1:37AM

Yup, over suscribed. Let the good times roll.

I guess I was lucky to order my one gold set.

$4,000 here we come.

tizofthe · August 31, 2006 1:37AM

SH%* a day late and a few thound dollars short! Guess I have to move onto the other two. D$*& IT!

ABC123 · August 31, 2006 1:37AM

What took so Long ? An Assured WINNER ????

aficionado · August 31, 2006 1:44AM

<< This is so awesome. Score!!!!!!!!!!!!!!!!!!!!!

Hope everyone bought some. These will be $3-4k within a year. Assuming the market trend continues. >>

I say we doubled our money.

If a 30,000 1995-W can sell for $5K, then 3 oz of Gold, with a melt value of $1900 alone, and 10,000 limit can sell for $5K or more.

USCGCraig · August 31, 2006 1:44AM

I must have got one of the last ones at 6:30 EDT this morning. I'll go berserk too if they decide to make more.

aficionado · August 31, 2006 1:45AM

<< I must have got one of the last ones at 6:30 EDT this morning. I'll go berserk too if they decide to make more. >>

They are not making more. It's the law.

coinmickey · August 31, 2006 1:45AM

With the 3 piece gold set gone, I would expect more spill over into the 2 piece gold/silver set. I would expect these to sell out pretty quickly too.

And I just happened to go back and order one of the 2-pc sets an hour ago hoping it would fly under the radar while everyone had a canary over the 3-pc Gold and the Silver sets. Guess not....

Athena · August 31, 2006 1:45AM

I wish I could have purchased one of those, but the sets are just too expensive.

Tootawl · August 31, 2006 1:45AM

<< See Link..

That was fast >>

Corrected linky.

mfcobra · August 31, 2006 1:48AM

Sweet! Glad I put my limit order in for 10! I knew these sets were going to be a smash.

Newb · August 31, 2006 1:51AM

<< I must have got one of the last ones at 6:30 EDT this morning. I'll go berserk too if they decide to make more. >>

Nice grab! Good job.

I asked a girl there (a supervisor, no less!) this morning if they were planning to make more and she said no. I told her if they did there would be a riot.

I wasn't kidding.

Kaelasdad · August 31, 2006 1:56AM

Id hate to pre sale one of these and find out i was cancelled.

segoja · August 31, 2006 1:56AM

Well the first of the 10 set purchases looks like a winner..and that's most of the money.

What will be the next to fall and when. I think the 2 pc gold/silver unc set, and with a few days.

The Silver only set will sell out but it'll take at least a week for that.

With the first sell out, people will be clammoring for the next sell out which will only push things further.

Rarity · August 31, 2006 1:57AM

I will keep my gold set because for the first time in my life I am the owner of a low mintage coin (10,000 reverse proof gold AE).

Yaaaaaaaaaaaaa Hooooooooooooooo

Bryan1315 · August 31, 2006 2:01AM

I see there is a BIN set on ebay for 3600.00 2006 American Eagle 20TH ANNIVERSARY 3-COIN GOLD Set I am glad I ordered 3 sets a few days ago, wish i had ordered my limit of 10 though seeing as how fast they sold out

2manycoins2fewfunds · August 31, 2006 2:24AM

Cha-Ching!
Now I just have to round up enough cash to cover all the credit cards of friends I've used to order through!

BECOKA · August 31, 2006 2:31AM

Simply amazing.

Now everyone who bought more than one will end up selling just to find out that everyone interested bought more than one for the same reason. I know this is unlikeley and I hope it is not true as I bought three hoping the other two will pay for the first one.

WACoinGuy · August 31, 2006 2:38AM

Well, we'll see if my order went through -- I placed an order for 4 sets at 7:24 AM PST, before they had this disclaimer on their website. Maybe my order was the one that pushed them over the limit?

13PacesEast · August 31, 2006 2:39AM

10 of each here.

woo hoo.

Coinhog · August 31, 2006 2:48AM

[Set_W0QQitemZ220022835188QQihZ012QQcategoryZ39483QQssPageNameZWDVWQQrdZ1QQcmdZViewItem[/L] I am glad I ordered 3 sets a few days ago, wish i had ordered my limit of 10 though seeing as how fast they sold out >>

They justs went on sale yesterday. Were you able to order early from the mint?

MajorDuty · August 31, 2006 2:49AM

<< Simply amazing.

Now everyone who bought more than one will end up selling just to find out that everyone interested bought more than one for the same reason. I know this is unlikeley and I hope it is not true as I bought three hoping the other two will pay for the first one. >>

I think you'll do just fine and that is a great strategy. Such a quick sell out, there will be plenty of people who missed the boat and will be willing to pay a premium I think.

cointagious · August 31, 2006 2:52AM

<< This is so awesome. Score!!!!!!!!!!!!!!!!!!!!!

Hope everyone bought some. These will be $3-4k within a year. Assuming the market trend continues. >>

Have you ever checked the mintages of proof AGE's? There is a lot of spec on this new issue and I think you'll be disappointed in the long term.

MajorDuty · August 31, 2006 2:58AM

<< 

<< This is so awesome. Score!!!!!!!!!!!!!!!!!!!!!

Hope everyone bought some. These will be $3-4k within a year. Assuming the market trend continues. >>

Have you ever checked the mintages of proof AGE's? There is a lot of spec on this new issue and I think you'll be disappointed in the long term. >>

If that is true then the short term might be the best time to sell. There may be a decent demand for these right away, then fall off after a short while, so if one is to sell, they might want to consider selling right away. It is good business sense to not sit on stock.

cointagious · August 31, 2006 3:03AM

<< I will keep my gold set because for the first time in my life I am the owner of a low mintage coin (10,000 reverse proof gold AE).

Yaaaaaaaaaaaaa Hooooooooooooooo >>

US MInt proof bullion prodduction/sales from 1986-2005.

10k sold is HIGH for most years. The 2006 at 10k is not a low mintage issue. The best buy is the ase set.

dlimb2 · August 31, 2006 3:06AM

The PROOF is NOT the KEY coin...it is the Unc...so this is a hot set!!!!!!!

TwoSides2aCoin · August 31, 2006 3:07AM

Ten thousand is a low mintage. The fact that these are proof specimens minted at West Point will no doubt keep them in a lofty position for a long time to come.

I just couldn't pull the trigger with my first grandchild on the way... but it's okay

I'm rooting for you guys

...

I suspect these proofs will see very nice increases in value in the coming years.

Coinhog · August 31, 2006 3:09AM

<< 

<< I will keep my gold set because for the first time in my life I am the owner of a low mintage coin (10,000 reverse proof gold AE).

Yaaaaaaaaaaaaa Hooooooooooooooo >>

US MInt proof bullion prodduction/sales from 1986-2005.

10k sold is HIGH for most years. The 2006 at 10k is not a low mintage issue. The best buy is the ase set. >>

I disagree, most years are in the 25-30K range. You must add in the 4-coin set also. they typically sell 15-20k sets a year. Add that to the 8-10k sales of the one ounce singles and you have a major supply/demand issue with a strict 10K mintage on the 2006 GAE anniversary sets.

BECOKA · August 31, 2006 3:09AM

<< 

<< I will keep my gold set because for the first time in my life I am the owner of a low mintage coin (10,000 reverse proof gold AE).

Yaaaaaaaaaaaaa Hooooooooooooooo >>

US MInt proof bullion prodduction/sales from 1986-2005.

10k sold is HIGH for most years. The 2006 at 10k is not a low mintage issue. The best buy is the ase set. >>

This is a good point but remember the UNC wiith the mint mark and the reverse proof is what everyone will be after. On top of this there are thousands of collectors that don't normally buy the proofs that will hold on to this set making additional sets for sale scarce. Ones that get graded by PCGS or NGC will be even more scarce.

aficionado · August 31, 2006 3:13AM

Quit trying to rain on our parade.

These coins are a one shot deal.

I can buy a 2004 Proof, 2005, 2003, what's the difference, just the year. They are all the same.

When's the next time you are going to be able to buy a Reverse Proof, or the Unc with the "W" mint mark ????

Hopefully not for another 10 years.

That's the difference. You can't compare Apples to Gold.

Newb · August 31, 2006 3:14AM

<< ...you have a major supply/demand issue with a strict 10K mintage on the 2006 GAE anniversary sets. >>

Absolutely - if that wasn't evident by a one day sellout I don't know what is.

2manycoins2fewfunds · August 31, 2006 3:14AM

I believe you forgot to add in the one ounce coins contained in the 4 coin sets to the total of one ounce coins sold seperately. Most years total production for one ounce proof gold eagles exceed 25K.
The 10K production on 2006 reverse proofs is far and away the lowest total production of a one ounce proof gold eagle.

Coinhog · August 31, 2006 3:16AM

Low mintage with limited distrubtion = high price in the secondary market. Look at the 1999 silver proof sets. Fairly high mintage but the mint limited the amount that an individual could buy. Thus there are few dealers with a large amount of these in inventory. To get one you have to pry it out of the hands of a collector. After the speculators sell of their sets to individuals, the supply of these will shrink dramatically. That is when you will really see the price rise.

Rarity · August 31, 2006 3:17AM

Every year, the Mint sold more than 10K of AE Gold Proof 1 oz coin (1oz in single option and 1 oz in 4-coin set option) but I am banking on the bunished uncirculated with mint mark AE gold and reverse proof AE gold of this 20th anniversary 3-coin gold set.

Even though most collectors do not collect proof gold AE by year but many, I believe, would want to keep this particular gold set as a Type Set (AE Gold Proofs & Unc).

oreville · August 31, 2006 3:22AM

WA COINGUY:

<< Maybe my order was the one that pushed them over the limit? >>

Hmm, did you know the US Mint gives the person who orders that last available coin a special commendation???

You get a free visitation with the Secretary of the Treasury!

Trooper · August 31, 2006 3:24AM

I just ordered one just now......It never said "sold out" just backorered.......

1. AE 20TH ANNIVERSARY 3-COIN GOL (A12) 1 @ $2610.00 - Backordered
09/15/06.

So am I going to recieve one or not? That is the interesting question........

holeinone1972 · August 31, 2006 3:27AM

<< I just ordered one just now......It never said "sold out" just backorered.......

1. AE 20TH ANNIVERSARY 3-COIN GOL (A12) 1 @ $2610.00 - Backordered
09/15/06.

So am I going to recieve one or not? That is the interesting question........ >>

You will get one, if the people ahead of you cancell, die, or there credit cards expire. As long as no one else is ahead of you.

Best of luck, I am just hoping to get the 3 sets I ordered. PLEEEEASE!!!!!!!!!!!!

GOLD SET IS SOLD OUT - Per US MINT

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