the inital bounce on the secondary market is going to be full of people undercutting each others price - there are sooo many speculators in these that cant give a damn about the collectibility aspect of these sets.
You have to be quick to get out of some initially, but I believe in the long run - the price will recover and move higher - especially in the silver sets.
It's very doubtful that anyone is watching the store at the Mint this weekend. It's also highly possible that both the silver sets and gold/silver sets are sold out based upon the sheer volume of orders. I believe there's going to be a bunch of unhappy campers tomorrow, especially the ones that receive the mailing too late.
I ordered 2 more ASE sets this afternoon and they are in processs already. The ones I ordered yesterday are on hold. No ryme or reason- that's true at the mint.
1. I would be suspicious of bids for the gold sets that are much above 3400 dollars.At that price, I would wait untill the price settles down to the 3400 level.
2. Why didnt the Mint mail out the notices of the sets well before the opening sales on the sets.
3.It would be nice if the Mint gave a running total of sets sold so we would not have to rough calculate it by ourselves.
4. I believe that all three sets will be good items to own in the immediate and long term future.
77,500 orders since Wednesday
Estimates of sets sold as of Monday 3PM Eastern time
Three piece silver set.................................195,000 sets sold out of..............................250,000
Two piece gold and silver sets....................17,000 sets sold out of................................20,000
These are conservative estimates and it is possible, that the two sets above are even closer to sell out.
<< <i>Within the first 5 min of them going on sale: 23112000 >>
I started just before noon on Wednesday and finished 1226pm to buy 2 gold and 10 silver sets. My number is in 23115000's. I just bought 2 gold and silver sets and my number is in the 23190000's. That's 75,000 orders since my first order. I don't think there will be any sets left by the 1 week anniversary, noon Wednesday!
<< <i>Within the first 5 min of them going on sale: 23112000 >>
I started just before noon on Wednesday and finished 1226pm to buy 2 gold and 10 silver sets. My number is in 23115000's. I just bought 2 gold and silver sets and my number is in the 23190000's. That's 75,000 orders since my first order. I don't think there will be any sets left by the 1 week anniversary, noon Wednesday! >>
OK, so I bit the bullet again and bought eight 2-coin sets...number is in the 23191300's. We're close to 80,000 orders.
Bear, when the 3 piece gold set sold out in hours that must have caused a run on the gold/silver set and they must be long gone at a max of only 20k sets. I would be willing to bet you a dozen jelly dougnuts on that. By the way, my dad was a master baker/pasty baker and I worked in his shop in LA when I was a teen. I can't begin to estimate how many 10s of thousand of doughnuts I help make.
looks like they sold out already...bummer...i have no idea if my order will go thru... >> The United States Mint is continuing to take orders for the American Eagle 20th Anniversary Coin Sets. Although orders have already been taken that meet the maximum mintage limit for some of these sets (please see individual products for specifics), we will continue to accept orders in the event cancellations occur. Should products become available, these orders will be considered “next in line,” and be processed on a first-come, first-serve basis. The United States Mint CANNOT provide information on specific customer order status either online or by telephone. If paying by credit card, please be sure 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. As with all of our products, the United States Mint reserves the right to accept or reject orders in any combination or options it determines to be in its best interest. <<
>> That applies to the three piece gold set. No such notices
have appeared for the other two sets. <<
bear, i don't think that you are correct...the 3 piece gold set can't even be ordered via the website. imo, it applies to the two sets still available for sale...
The U.S. Mint has NOT yet sold out of the 3 piece silver sets. When you click on Buy Online, the page goes to the 3 piece silver set.... and the GENERIC message shows up underneath it about orders being taken yet, but limits may have been reached, etc. BUT... click on the 3 piece silver set heading.... and it will take you to the main description page.... and there is no sold out message. You can still order; it appears that the limit has not yet been reached.
<< <i>23202 mid 500'ish on my order placed at 2:30 Pacific. Order for 10 silver sets went through fine. >>
The order volume has exploded in the last 2 hours. As of 2PM CDT it was running at about 6 orders per minute since midnight. It has gone over 35 orders per minute since then . . . . . looks like the postal mailers are calling.....
All three of my orders place on 8/30 and 8/31 for the different sets now show in progress. However, my son-in-law's order for silver sets placed on Sunday 9/2 still shows on hold.
<< <i>All three of my orders place on 8/30 and 8/31 for the different sets now show in progress. However, my son-in-law's order for silver sets placed on Sunday 9/2 still shows on hold. >>
They are probably still catching up on the weekend orders...
Comments
231875xx
The next morning I ordered more USMINT goodies. The orders over that period were averaging about 17 per minute.
The order which I just placed indicates that the order rate has dropped off to just under 6 per minute.....FWIW.
231881xx
You have to be quick to get out of some initially, but I believe in the long run - the price will recover and move higher - especially in the silver sets.
<< <i>Sold out 3 piece gold sets selling on secondary market for 3300 - 3400 dollars >>
I missed these. I have seen sales at $3,600, $3,800, $4,000 and $4,000. The next sets I see closing is at $4,050.
$4,050 Bid
Sales at $3,600 to $4,000
Whoa! Mr. $4750 is making the sub-$4000 BIN's look bad!!
Craig
Box of 20
Box of 20
that are much above 3400 dollars.At that price, I would
wait untill the price settles down to the 3400 level.
2. Why didnt the Mint mail out the notices of the sets well
before the opening sales on the sets.
3.It would be nice if the Mint gave a running total of sets sold
so we would not have to rough calculate it by ourselves.
4. I believe that all three sets will be good items to own in the
immediate and long term future.
77,500 orders since Wednesday
Estimates of sets sold as of Monday 3PM Eastern time
Three piece silver set.................................195,000 sets sold out of..............................250,000
Two piece gold and silver sets....................17,000 sets sold out of................................20,000
These are conservative estimates and it is possible, that the two sets above are even closer to sell out.
Camelot
<< <i>Within the first 5 min of them going on sale: 23112000 >>
I started just before noon on Wednesday and finished 1226pm to buy 2 gold and 10 silver sets. My number is in 23115000's. I just bought 2 gold and silver sets and my number is in the 23190000's. That's 75,000 orders since my first order. I don't think there will be any sets left by the 1 week anniversary, noon Wednesday!
Order No. 231876XX if that means anything...
Camelot
Amazing how fast the gold buffalos have been knocked off the top slot for the new kids on the block....
Wally
<< <i>
<< <i>Within the first 5 min of them going on sale: 23112000 >>
I started just before noon on Wednesday and finished 1226pm to buy 2 gold and 10 silver sets. My number is in 23115000's. I just bought 2 gold and silver sets and my number is in the 23190000's. That's 75,000 orders since my first order. I don't think there will be any sets left by the 1 week anniversary, noon Wednesday! >>
OK, so I bit the bullet again and bought eight 2-coin sets...number is in the 23191300's. We're close to 80,000 orders.
Camelot
I estimate that 200,000+ three piece sets have been sold....out of 250,000
I estimate that 18,000+ gold/silver sets.... have been sold... out of 20,000
GOING....GOING....GOING.......GONE
Camelot
Date: 9/4/2006 8:43:34 PM Pacific Standard Time
From: USMint-Orders@catalog.usmint.gov
rush to lock up the silver set. For some reason, the enthusiasm
for the gold and silver set was more moderate. As people ordered the
silver and gold sets, many felt that the two coin set would be redundant.
I still believe that all three sets will do very well in the after market. I also
feel that the remaining sets will both be sold out by tomorrow.
Camelot
Then the ordering began....late
Camelot
<< <i>I beleive the gold/silver set was confusing to most until later when all understood that the W mark on a gold Unc made for 30,000 mintage.
Then the ordering began....late >>
23192 at the start of the workweek.
the 1996 uncirculated silver eagle is selling for ~$50 right now...and i'm pretty sure that the mintage on this one is over 1 million...
if my math is correct, the 2006 uncirculated silver eagle with the "w" mint mark should sell for at least $200...am i missing something?
Camelot
My order was placed on "HOLD"???
>>
The United States Mint is continuing to take orders for the American Eagle 20th Anniversary Coin Sets. Although orders have already been taken that meet the maximum mintage limit for some of these sets (please see individual products for specifics), we will continue to accept orders in the event cancellations occur. Should products become available, these orders will be considered “next in line,” and be processed on a first-come, first-serve basis. The United States Mint CANNOT provide information on specific customer order status either online or by telephone. If paying by credit card, please be sure 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. As with all of our products, the United States Mint reserves the right to accept or reject orders in any combination or options it determines to be in its best interest.
<<
have appeared for the other two sets.
Camelot
That applies to the three piece gold set. No such notices
have appeared for the other two sets.
<<
bear, i don't think that you are correct...the 3 piece gold set can't even be ordered via the website. imo, it applies to the two sets still available for sale...
<< <i>That applies to the three piece gold set. No such notices
have appeared for the other two sets. >>
Are you talking about my "hold" order?
it was for 2 sae 3 coin sets and 1 gold/silver 2-c set
Cant really figuere out what the heck is
going on. All I know is if they aint sold out,
then they are very close to it.
Camelot
good work
09/07/2006
<< <i>This unscientific method of yours bear was right on accurate.
good work >>
Nice job bear!
With around 85,000 orders, the average was 3 silver sets per order.
Sales on the 2-coin set will now accelerate. Both coins are keys next to the reverse proof.
But order fast.... will be anytime.
<< <i>23202 mid 500'ish on my order placed at 2:30 Pacific. Order for 10 silver sets went through fine. >>
The order volume has exploded in the last 2 hours. As of 2PM CDT it was running at about 6 orders per minute since midnight. It has gone over 35 orders per minute since then . . . . . looks like the postal mailers are calling.....
<< <i>All three of my orders place on 8/30 and 8/31 for the different sets now show in progress. However, my son-in-law's order for silver sets placed on Sunday 9/2 still shows on hold. >>
They are probably still catching up on the weekend orders...
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<< <i>21397629...i just bought 10 sets!
the 1996 uncirculated silver eagle is selling for ~$50 right now...and i'm pretty sure that the mintage on this one is over 1 million...
if my math is correct, the 2006 uncirculated silver eagle with the "w" mint mark should sell for at least $200...am i missing something? >>