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What the devil gives with the Mint and the Eagle 20th Anniversary sets?
GAT
Posts: 3,146 ✭
I find it hard to believe that the gold/silver and 3 coin silver sets aren't sold out.
USAF vet 1951-59
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GAT
Posts: 3,146 ✭
GAT
Posts: 3,146 ✭
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if that wasn't in there (and the silver reverse proof), this'd be a profound flopper.
if they had a combo set of both the reverse proof ASE and AGE, and priced it at 10k only 3k sets, numbered. they'd sell out in an hour.
<< <i>I find it hard to believe that the gold/silver and 3 coin silver sets aren't old out. >>
The production number of the three coin silver sets is pretty high so I'm not surprised that it isn't sold out. I wouldn't be surprised if the gold/silver set sells out soon. However, it being an unc set might not have collectors as excited as they might be if were a proof coin set. I wish they had made a two coin reverse proof gold and silver set.
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and since the 10k mintage of the 3-coin gold set is gone (I regret not order it now though I was on the website in time), this is the only way to get a gold uncirc with the "W" mintmark.
I guess total mintage of the gold unc "W" will be 30k , unless they increase production.
at this point Im wondering if I should have held on to my AGE 2006 proof, but I couldn't resist selling it for 1.3k when I originally purchased at 680 or whatever the initial price was.
I guess I can't kick myself for locking in 100% profit.
ah well.
sold out long ago. The Mint has had more then enough time to gather a list
of back up orders to cover cancellations. Thus , what skullduggery is the Mint
contemplating now?
Camelot
<< <i>Something is very wrong. The remaining two sets should have
sold out long ago. Yhe Mint has had more then enough time to gather a list
of back up orders to cover cancellations. Thus , what skullduggery is the Mint
contemplating now? >>
<< <i>To tell you the truth, I think their billing department is far behind in doing their work or screwed up some how...They Charged me twice for a Gold Buffalo and have not corrected it yet...I called my credit card company and denied the charge for one of them...and it has been over a month now...I am going to call again tomorrow. >>
I thought they weren't supposed to charge your credit card until the item is to ship?
I ordered the silver set, couldn't afford the gold.
<< <i>American Eagle Gold and Silver Uncirculated Coins are being introduced in 2006. These coins feature the same finish as their bullion counterparts, but unlike the American Eagle Bullion Coins, the American Eagle Uncirculated Coins bear the mint mark of the facility that produces them and follow a different path through the manufacturing process. Specifically, the planchets used for American Eagle Uncirculated Coins are burnished, while those used for American Eagle Bullion Coins are not. >>
edited to add link -- Link to above referenced page on mint site
That has been my experience in the past. Although I have had them check available funds at the time of the order.
Here is what the mint has to say about the limits imposed:
To ensure the broadest and most fair access to this United States Mint product, the order limit is in effect during the first thirty (30) days of release. At the end of the initial thirty-day period, and each thirty-day period thereafter, the United States Mint will reevaluate and either extend, adjust or remove the limit.
Maybe they are doing some adjusting here????
They are simply trying to say that they are covering their butts in case the sales aren't quite what they expected.
The limits are only on the number that can be ordered by one buyer, not on what they will have delivered in the end.
In other words, the 10 unit per customer limit is, by law, enforced for the first 30 days, if necessary, and can then be reevaluated and increased if supplies remain. The mint is not going to cut orders that were placed under those restrictions.
A little off-topic, but why didn't the Mint offer a gold/silver combo set on the San Fran commems? They've done it before, why not now?
<< <i>... introduction of American Eagle Uncirculated Coins in silver, gold and platinum. >>
It will be in their Christmas catalog. Looks like also the gold and platinum too.
.......but the bottom line:
shhhhhh, it's a secret.
JP
New Unc Eagles
Struck on specially burnished blanks, the American Eagle Uncirculated Coins feature a finish similar to their bullion counterparts, but carry the "W" mint mark reflecting their striking at the United States Mint at West Point. Each coin is encapsulated in plastic and accompanied by a Certificate of Authenticity.
20th Anniversary
Highlighting the program’s new uncirculated option for 2006, this limited-edition set features one-ounce coins in both gold and silver. For the first time ever, the United States Mint is pleased to offer American Eagle Uncirculated Coins with a “W” mint mark indicating their production at the United States Mint at West Point.
Do the specially burnished blanks make them different?
If they end up putting the reverse proof up by itself as well you may as well forget speculative purchases. They are the only coin left that is unique to the set.
I would also bet the SAE dealers aren't too happy about it either since the Mint usually stays away from the business strike sales.
collections: Maryland related coins & exonumia, 7070 Type set, and Video Arcade Tokens.
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Pfft! How do you spell cancelled order?
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Edit: yeah, I forgot about the box the two coin set comes in - must be a fancy box for $110.
If they're the same except for package $850 - $739.95 = $110.05 saved to cancel.
From above post ...
Are the new Eagles out September 28th the same as the eagles in the American Eagle 20th Anniversary Gold & Silver Set (A11) ?
New Unc Eagles
Struck on specially burnished blanks, the American Eagle Uncirculated Coins feature a finish similar to their bullion counterparts, but carry the "W" mint mark reflecting their striking at the United States Mint at West Point. Each coin is encapsulated in plastic and accompanied by a Certificate of Authenticity.
20th Anniversary
Highlighting the program’s new uncirculated option for 2006, this limited-edition set features one-ounce coins in both gold and silver. For the first time ever, the United States Mint is pleased to offer American Eagle Uncirculated Coins with a “W” mint mark indicating their production at the United States Mint at West Point.
Do the specially burnished blanks make them different?
<< <i>I plan on calling the mint tomorrow and expressing my displeasure. If they wanted to release uncirculated versions so that more people could have them, then fine. But bending all of us over and raping us like they have with the prices is simply unacceptable. I am going to ask to either have a hundred dollar bill placed into this fancy "box", or to have the Silver Set sent to me for free.
Bet they listen too
The silver is still a play at 100, the 2 piece is a disaster and I'm cancelling those, the 3 piece AGE is still a super winner.
This is the dumbest marketing move the mint has ever made
Forum AdministratorPSA & PSA/DNA ForumModerator@collectors.com | p 800.325.1121 | PSAcard.com
Yup love em so much I just went to pay a friendly house call - to cancel on my 10 Silver sets and my 1 - Gold n Silver 2-coin set. Couldn't do it - said my order was in process!
Jerks! I'll just return whatever it is they're sending me that's all.
I've about had it with those Mint people.
What next/ Reverse Gold Proof Eagles available as singles? Anything for a buck - baby.
<< <i>If I read all this correctly one can buy an uncirculated burnished 2006 silver eagle with the W mint mark as a single for $19.95. One can also buy an uncirculated 2006 1 oz gold coin with the W mint mark for $720. Buying the coins seperately comes to $739.95. The two coin gold and silver set has both these coins for $850. Am I missing something here?
Edit: yeah, I forgot about the box the two coin set comes in - must be a fancy box for $110. >>
But 2 boxes, if buying the AE Unc Gold & Unc Silver coins separately, should cost the Mint more than 1 box containing both coins - AE gold and silver . How come a collector has to pay $110 more?
Mike
W.C. Fields
<< <i>So the two piece silver/gold set will now be available as single coins?
Pfft! How do you spell cancelled order? >>
funk dat. Im cancelling my order immediately for the 2 coin set.
<< <i>I just canceled my order for 3 of the 2 coin sets. It looks to me like the reverse proofs of both the gold and silver coins will be the only winners - unless the mint starts selling them as singles. >>
Let's hope not.
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<< <i>I plan on calling the mint tomorrow and expressing my displeasure. If they wanted to release uncirculated versions so that more people could have them, then fine. But bending all of us over and raping us like they have with the prices is simply unacceptable. I am going to ask to either have a hundred dollar bill placed into this fancy "box", or to have the Silver Set sent to me for free.
Good luck with that. Let us know how it goes. As for myself, I'll keep the ASE sets.
First they advertise the original sale poorly. They allow 10 sets per household, instead of spreading the issue more broadly. Then they prevent the website from taking orders without notice. The next day they take orders but don't let anyone know whether they will acutally receive the coins or not. They won't provide you with any kind of physical statement that absolutely confirms that you will receive the coins you ordered, other than the statement that they will be shipped on a certain date. The operators who handle orders tell you contradictory information whether or not you are due to receive the set; for the last week the shipping date on the gold sets has exteded from September 23 to 9/24, to 9/25, to 9/26, to 9/27 to 9/28, to 10/1, AND IF THAT WASN'T FRUSTRATING ENOUGH??? They announce yesterday the sale of individual burnished planchet silver and gold eagles bearing the W mintmark for substantially lower prices than the combined coins are sold in the sets!
Of course they didn't post a statement saying the 2 coin set had sold out yet...they anticipated a significant number of cancellations!
While they state in their original press release anouncing the 20th Anniversary Sets that the mintage of the reverse-proof coins "are only available in the three-coin sets that celebrate the 20th anniversary of the American Eagle Programs" there are ways that the mint can find their way around that. What about a 3 coin 20th anniversary reverse proof with S-D & W mint marks? They could simply announce a correction to the press release and mint as many as they'd like.
In my opinion, the mint has taken something that should have been special that could have attracted many more new collectors into the hobby and turned it into a mess. Thankfully we can take advantage of the mint's cancellation policy!
I thought how they handled the Buffallo Gold coin was bad--but this takes the cake!