What the devil gives with the Mint and the Eagle 20th Anniversary sets?

everyone wants the reverse proof gold.

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 can't help but wonder if people don't realize that the uncirculated silver eagle in the set is a burnished planchet and to have a W mint mark according to the US Mint site. This will not be a regular uncirc silver eagle.

keez, that's a good point. you just got me to order the gold/silver unc set with the W mintmark. this makes the coin a subtype of the normal line,
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.

Something is very wrong. The remaining two sets should have

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?

I Agree, the Mint should have taken enough back orders if everyone cancelled twice! Maybe everyone will receive no more than one set. Ya never know.

I'm on an ancient lap top and lost what I just posted, but will try again. I went to the Mint site again -- usmint.gov -- and under the pressroom link on the side nav bar there is a link for the press release of the 20th anniv american eagle sets. If I read it correctly, it looks like the same uncirc silver coin for both the 2-coin set and the 3-coin set. Interestingly, it also refers to the uncircs as silver coins and differentiates them from the regular uncirculated bullion.

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

You guys are reading your fears into what the mint is saying...
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.

I agree.... forget the conspiracy theories. It's just possible that there was too much being offered to collectors this year and these sets are just selling slower than they would have if there wasn't a gold buffalo, regular issue eagles and two silver commems and one gold commem... whew...

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?

A magician NEVER tells his secrets !

.......but the bottom line:
shhhhhh, it's a secret.

Just saw the Mint's TV commercial. Maybe they are trying to figure out how to pay for the new promotion campaign!
JP

Dammit. They are selling the Unc "W" version alone now too?!

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.

$19.95 for the silver uncirc.

Also check out the scheduled products page

Here

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.

Wow. They are going to see a LOT of cancelled sales. Frankly, this is one of the dumbest things I've ever seen. In addition, they are putting the proof designs of the platinum coins onto these "new" uncirculated platinums. This makes the proof platinums just a little bit less unique which I'm sure will make platinum collectors happy. Frankly, this is just retarded.

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.

you can still cancell when in process

<< <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?

<< <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.

<< <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.

don't think the mint's credibility could possibly go lower than how they've handled this 20th anniversay set sale, but you never know!

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!