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GOLD SET IS SOLD OUT - Per US MINT

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  • GATGAT Posts: 3,146
    I would think that the spillover from the 3 coin sets would sell out the gold-silver sets today, 20k isn't many. Also you could buy 3 of these sets and have change left over vs the cost of the 3 coin set.
    USAF vet 1951-59
  • NumisMeNumisMe Posts: 841 ✭✭


    << <i>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. >>



    You probably won't.
  • I didn't order the 3 piece gold yesterday, but just got on the "wait list". I suspect there will be a number of expired credit cards to help out along the way...
    EAC member since 2011, one third of the way through my 1793 large cent type set

  • Now I am regretting just getting one gold set. I just in another order in case I can get one on the backend of the offering, assuming people may drop out.

    Can't hurt I figure!

    Swest
  • itsnotjustmeitsnotjustme Posts: 8,779 ✭✭✭
    In addition to expired/invalid cards will be cards without sufficient credit limit remaining. I need to call and up mine now!
    Give Blood (Red Bags) & Platelets (Yellow Bags)!
  • Don't think I got the 3 piece gold in time but I am on the waiting list early on so maybe with some luck. I did buy two of the gol/silver and 5 of the silver 3 piece sets though. What is the worst that can happned you break even? On the plus side these have some potential to go through the roof.

    Zach
  • There will be 30,000 uncirculated gold coins with the special mintmark and burnished surfaces. How does this compare with the production numbers for the uncirculated bullion AE gold coins?
  • Coins101Coins101 Posts: 2,603 ✭✭✭
    Just fore fun, I decide to order another 3-piece gold set. My confirmation indicates it is backordered until 10/6/06. We will see.
  • goose3goose3 Posts: 11,471 ✭✭✭
    I just ordered 2 a bit ago and got the email with BACKORDERED.

    I called the mint and spoke with a woman that says they are NOT sold out. I explained that it reads Backordered and she again stated that they are not sold out.

    who knows.

    if they aren't, they will be.


  • << <i>WA COINGUY:



    << <i> 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! >>



    Lucky me! It'll be interesting to see if I made the cutoff. If I did, great I get the sets. Of course, then I have to come up with the $10K to cover it. image

    Actually, I decided to order 4 because I'm hoping I can sell 3 of them to pay for the fourth...
  • itsnotjustmeitsnotjustme Posts: 8,779 ✭✭✭


    << <i>Actually, I decided to order 4 because I'm hoping I can sell 3 of them to pay for the fourth.. >>

    I'm more optomistic. I would say sell two to pay for all four.
    Give Blood (Red Bags) & Platelets (Yellow Bags)!
  • This just means that there are WAY too many people who have WAY too much money. I bought what I could afford of the silver sets. 2. Heck, I could not even afford that, but hope I can turn one of the sets for enough to nearly pay for the set I keep.

    Jonathan
    I have been a collector for over mumbly-five years. I learn something new every day.
  • A friend of mine just ordered 4 sets and it says backordered. So I called the mint and a woman told me they were NOT sold out. Go figure.

    Either way it's interesting so many think this will be a rare issue. 10,000 perfect, MS69-70 copies should be enough to satisfy the masses, no?
  • It says they have taken orders to fill the 10,000 limit...but they are still taking orders for those who still want them and they would be filled if any cancelled or their credit cards were out of date...So they have sold the max!


  • << <i>A friend of mine just ordered 4 sets and it says backordered. So I called the mint and a woman told me they were NOT sold out. Go figure.

    Either way it's interesting so many think this will be a rare issue. 10,000 perfect, MS69-70 copies should be enough to satisfy the masses, no? >>



    I talked to a supervisor and she said they were indeed sold out. Like anywhere, I'm sure it depends on who you talk to.
  • TWQGTWQG Posts: 3,145 ✭✭


    << <i>10,000 perfect, MS69-70 copies should be enough to satisfy the masses, no? >>

    -- The obvious answer is no.
  • aficionadoaficionado Posts: 2,309 ✭✭✭

    The Mint is clear.

    "
    Orders have been taken that meet the maximum 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.
    "

    They wouldn't post this if they had 5000 left.







  • << <i>

    << <i>10,000 perfect, MS69-70 copies should be enough to satisfy the masses, no? >>

    -- The obvious answer is no. >>





    And that, as Martha would say, is a good thing.
  • Either way it's interesting so many think this will be a rare issue. 10,000 perfect, MS69-70 copies should be enough to satisfy the masses, no?

    I'll go against the grain and say yes it should be enough.

    I am certain speculators and dealers bought as many as they could in hopes of big rips on eBay.

    Once the frenzy dies off there should trade closer to bullion.
  • Coins101Coins101 Posts: 2,603 ✭✭✭


    << <i>Once the frenzy dies off there should trade closer to bullion. >>



    I don't follow the prices of the proof gold eagles. Do proof eagles trade close to the price of the bullion gold eagles? It looks like, from the PCGS pricing guide (I know image), the proof have about a 25% premium over the regular strike eagles.


  • << <i>Either way it's interesting so many think this will be a rare issue. 10,000 perfect, MS69-70 copies should be enough to satisfy the masses, no?

    I'll go against the grain and say yes it should be enough.

    I am certain speculators and dealers bought as many as they could in hopes of big rips on eBay.

    Once the frenzy dies off there should trade closer to bullion. >>



    Closer to bullion? The three coin set is cheaper than buying individual proofs as it is. ($885 - 2006 1 oz Gold Proof) I think these will stay a ways ahead of bullion for a while.


  • << <i>Once the frenzy dies off there should trade closer to bullion. >>



    image
  • It is sold out. My friend just called the Mint.
  • I just placed an order for the Gold A12 set, 30 minutes ago. The operator told me they hadn't met the 10k mark, whats up?
  • holeinone1972holeinone1972 Posts: 5,368 ✭✭✭
    Well there are now 3 or 4 different auctions forf the 3 piece gold set on ebay.

    From a low of $3,100 to a high of $5600 Lord I hope they sell. Then I can turn my extra.

    image
  • aficionadoaficionado Posts: 2,309 ✭✭✭


    << <i>I just placed an order for the Gold A12 set, 30 minutes ago. The operator told me they hadn't met the 10k mark, whats up? >>



    Did you ask her why the Website says they DID met the 10K mark??


    My experience is that those workers don't know much. If they can put an order in, it's not sold out.

    AGAIN, the website states:

    " Orders have been taken that meet the maximum 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.
    "

    If she said they were sold out, then why would you place an order???. They need enough 'cushion' for cancellations. Don't get me wrong, I hope you get yours, I just don't think it's 100%.


  • INXSINXS Posts: 1,202
    I think the tele-sales are outsourced, I wouldnt put to much hope in what they say. I would believe the Mints website for what it is worth.
    "Well here's another nice mess you have gotten me into" Oliver Hardy 1930
    image

    BST successful dealings with:MsMorrisine, goldman86
  • yeah, you can still order the through the website too but only as a "wait lister" so to speak.

    only the people who ordered before the 10,000 limit are guaranteed to get one. the founding fathers were the same way. some people slid through and got some, most had to go to ebay.
  • GATGAT Posts: 3,146
    Just placed another order for the gold-silver sets with no problem. These 20k sets must be close to a sellout.
    USAF vet 1951-59
  • Don't know what to say, she the took my order, and gave me a confirmation number. Maybe it was a shift change when I called. Guess I'll find out in October.

    96eagle
  • holeinone1972holeinone1972 Posts: 5,368 ✭✭✭
    There were quite a few dissapointed souls who had confirmation numbers on the Ben Franklins, only to learn later taht they were too late.

    I ordered 3 before the note was posted, but I am keeping fingers crossed until they show up.

    image
  • GRANDAMGRANDAM Posts: 8,765 ✭✭✭✭✭
    GOOD NEWS!!! I had my order limit on all 3 sets confirmed at 12:01 PM!!!

    GrandAm image
    GrandAm :)
  • JdurgJdurg Posts: 997
    I just now placed my order for the Silver 3-Coin Set and the Silver/Gold 2-coin set. They both say backordered with the silver set shipping 08-Dec-2006 and the silver/gold set shipping 06-Oct-2006. I think that in the future I may wind up having paid way too much for the silver set, but I think the silver/gold combo is actually a pretty good price. Even if I could still order the gold set I'd think that it was a bit too pricey. A grand is about the limit of what I can spend once every few months.
    I collect the elements on the periodic table, and some coins. I have a complete Roosevelt set, and am putting together a set of coins from 1880.
  • My order for the 3 coin gold set went through at 9:15 this morning, and I'm almost positive the sell out notice hadn't been posted yet. But, from when I placed it, till now, it says my order is on hold. Anybody else? Does anyone know when the mint posted the notice?
  • The mint is just gathering imfomation by letting people keep ordering
    Michael
  • JdurgJdurg Posts: 997
    I think the worst part is having to wait until December to get my Silver Set and October to get my Gold/Silver combo. image
    I collect the elements on the periodic table, and some coins. I have a complete Roosevelt set, and am putting together a set of coins from 1880.
  • My order confirmed from YESTERDAY at 12:30 shows on hold so I wouldn't be too concerned however
    it is possible they will lower the maximum limit from 10 to say 3 per household. That would be a pi**er!!
  • 66Tbird66Tbird Posts: 2,858 ✭✭✭
    Ordered 1 gold set at 12:30 today, then I see this thread. I can only hope I guess. I picked a fine time to build a courttyardimage Figured they last a couple days at least..
    Need something designed and 3D printed?
  • Do you think they would actually lower the limit to less than 10? Has the mint ever done anything like that before?
  • BECOKABECOKA Posts: 16,961 ✭✭✭
    No and I don't think they could legally do that after taking orders. They could lower the limit on future orders but not ones already taken.


  • Wasn't there supossed to be a Matte Finish Silver Eagle?

    image

    Larry
    Dabigkahuna

  • Satin- Matte, not much difference
  • I wasn't going to order the gold set, but I got hyped up reading these boards, and thinking how special they may be. I hope I didn't sit on the fence too long.
  • Wow!

    It looks like a lot people got as many as they could before the hoarders got to themimage
  • USCGCraigUSCGCraig Posts: 1,008 ✭✭
    Picked up one gold three coin set and 4 three coin silver sets. Have to fund my Barber Half addiction somehow.
    Coast Guard Craig

    Looking for Denmark 1874 20-Kroner. Please offer.
  • Actually I believe they did this with the Buffalo silver dollar. Seems like they cut limit rather dramaticly on the coin and currency sets AFTER accepting orders.
  • Now, slab them or keep them raw?
  • holeinone1972holeinone1972 Posts: 5,368 ✭✭✭
    Well I see there is 1 bid so far on ebay at $3100 for the 3 piece gold set.



    Looks to be a forum member also. Maybe trying to get the first aftermarket set cheap b4 they shyrocket $5k plus......

    Linkypoo
    image
  • Keep them in the buff.
  • holeinone1972holeinone1972 Posts: 5,368 ✭✭✭
    Well at least they finally say no longer available.

    Now mint them, and get me mine. LOL

    image

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