POLL:How many people canceled orders for 2 coin anniversary sets?

lonelyp · September 16, 2006 12:48PM

Now that the press release came out, saying the coins in it will be availble as singles.

ldhair · September 16, 2006 4:05PM

I ordered several but canceled the order today.
Didn't get mad but it's not the deal it was.

SportsModerator · September 16, 2006 5:36PM

<< I ordered several but canceled the order today.
Didn't get mad but it's not the deal it was. >>

Exactly. Had the max on order, 2 orders of 5 ea. No point to buying anymore

jdsinva · September 16, 2006 9:01PM

Sorry, I did this poll here. . .

lonelyp · September 16, 2006 9:09PM

I didn't catch yours. Oooops.
I should have left out, "Just show me the numbers" in mine. It's all people are clicking on. OH well its my first poll.

PerryHall · September 16, 2006 9:56PM

I cancelled mine. If the mint is selling them separately with no limit, they are no longer anything special.

SportsModerator · September 16, 2006 9:59PM

<< I cancelled mine. If the mint is selling them separately with no limit, they are no longer anything special. >>

AND $110 cheaper!!!!!!!!!!!!!!!

PerryHall · September 16, 2006 10:02PM

<< 

<< I cancelled mine. If the mint is selling them separately with no limit, they are no longer anything special. >>

AND $110 cheaper!!!!!!!!!!!!!!!

>>

But you don't get the fancy box.

SportsModerator · September 16, 2006 10:08PM

<< 

<< 

<< I cancelled mine. If the mint is selling them separately with no limit, they are no longer anything special. >>

AND $110 cheaper!!!!!!!!!!!!!!!

>>

But you don't get the fancy box.

>>

Mmmmmmmmmmm, silly me for overlooking that vital aspect of the two coin deal. Nothing like having 1100.00 tied up in ten boxes that would bring a 50 dollar bill on ebay.

Bear · September 16, 2006 11:41PM

Just cancelled my set of two coins.

I am keeping all of my three coin sets.

At least, till the Mint does some additional

stupid moves.

ldhair · September 17, 2006 2:36AM

I'm looking for the reverse proofs to be offered next.
At this point, why would the mint not do so?
Gota love it.

flaminio · September 17, 2006 2:54AM

Never ordered any, and am still not.

robertpr · September 17, 2006 3:08AM

It was pretty obvious to me with the language that was used by the mint that these would be the same as the regular issues this year. If you didn't pay attention and placed your order anyway, I guess this would be a shock to you but guess what? Boo hoo.

stev32k · September 17, 2006 3:14AM

I canceled my order for three 2 coin sets, but will keep the three piece gold and silver sets.

Bochiman · September 17, 2006 3:22AM

Ah, but you are missing the option for:

• Didn't overreact. Kept the orders and have time to decide.

80sJunkie · September 17, 2006 3:27AM

Konahead · September 17, 2006 3:50AM

Cancelled but will keep the silver sets on order. I will be watching the mint more closing in the future.

anoldgoat · September 17, 2006 4:29AM

<< Ah, but you are missing the option for:

• Didn't overreact. Kept the orders and have time to decide. >>

I stll have time to cancel later. No need to rush.

Bear · September 17, 2006 4:36AM

Oldgoat, can't fault that reasoning.

AlixTCat · September 17, 2006 5:12AM

Doesn't matter if you cancelled hastily. There will be LOTS of these available from the mint until/if they ever sell out.
They didn't sell out in 2 weeks, so I doubt they will go up in value unless they melt a bunch of them.
They were supposed to be limited to 20K. That meant SETS not coins.
I don't have $850 for speculation. When I thought they would definitely go up above $1200, I bought a set. When saw they were not selling out and NO ONE was selling them for a premium on eBay, I cancelled my set. Or course, now they will start selling like mad for $2000. You all can thank me by sending me a $10 bill in the mail when you sell.

Jonathan

puritan9 · September 17, 2006 5:26AM

I canceled all seven sets that I ordered. I am beginning to think that the Mint is a bunch of crap!

lonelyp · September 17, 2006 5:32AM

<< 

<< Ah, but you are missing the option for:

• Didn't overreact. Kept the orders and have time to decide. >>

I stll have time to cancel later. No need to rush. >>

Use option 3 for this.

No one would really pay $110 bucks for the box after all.

I didn't buy any 2 coin sets myself, or buy 3 coin sets to sell. I did buy 1 gold set and 8 silver 3 coin sets. For myself and for gifts. And haven't canceled my orders. I did think the 3 coin sets would have 2 special coins. Foolish me

frankieboywonder · September 17, 2006 5:49AM

<< 

<< 

<< 

<< I cancelled mine. If the mint is selling them separately with no limit, they are no longer anything special. >>

AND $110 cheaper!!!!!!!!!!!!!!!

>>

But you don't get the fancy box.

>>

Mmmmmmmmmmm, silly me for overlooking that vital aspect of the two coin deal. Nothing like having 1100.00 tied up in ten boxes that would bring a 50 dollar bill on ebay. >>

This sounds sarcastic to me!!

Betbigger · September 17, 2006 6:11AM

Not angry at mint. I thank them for saving me $110 per set, sold 3 back. Picked up a dozen legecy sets instead. They're selling faster this year.

fishcooker · September 17, 2006 7:48AM

I cancelled my Legacy sets and San Francisco gold right along with the 2 coin set. What the hell they are too overpriced compared to spot gold today, much less when gold is $460/oz.

garsmith · September 17, 2006 8:12AM

I didn't order any 2 coin sets, but if I had I would have cancelled the order

pf70collector · September 17, 2006 8:14PM

I was going to keep the 2 coin sets but decided to cancel both my sets.

Outhaul · September 17, 2006 8:29PM

I have been out of touch the past few days on this. What is happening? Is it affecting just the gold, or are the silver sets involved? What of the reverse proofs? Will they be issued on their own, or just in the sets?

Cheers,

Bob

lonelyp · September 17, 2006 9:25PM

<< I have been out of touch the past few days on this. What is happening? Is it affecting just the gold, or are the silver sets involved? What of the reverse proofs? Will they be issued on their own, or just in the sets?

Cheers,

Bob >>

So far in any case it looks like the reverse proof will still be a special coin ONLY availible in the 3 coin sets. BOTH silver and gold.

I and others thought the unc. strike with W would be special too. But now we find out the mint is going to sell them as singles. At a lower price than the 2 coin unc. strike sets that many people had ordered. The 2 coin set was expected to be special in that the coins would have the W. Thats gone now.

EricSan · September 17, 2006 9:48PM

10 Units cancelled on Friday night. I suppose someone at the mint is laughing as they are watching the string of cancellations... I'm not mad or upset, it just wont be the opportunity that I thought it would be. Now, I've got to find another way to finance all of the other goodies I've purchased from them this year.

mercurynut · September 17, 2006 9:52PM

I am glad I decided not to order this set.

coinmickey · September 17, 2006 9:52PM

So according to the press release the Mint is making this "uncirculated coin" which we're all annoyed about because we think it's the same coin that sits in the 2-pc AE sets we all ordered (which according to the product description are "uncirculated "W" mintmarked coins). So I took a close look at the language of that release...

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.

This says these new coins have a finish SIMILAR to the bullion counterparts.

The American Eagle Gold and Silver Uncirculated Coins bear the same designs as their bullion and proof counterparts. The platinum version features the same obverse design found on the proof and bullion coins, but the reverse displays the design featured on the reverse of the 2006 American Eagle Platinum Proof Coin – a design honoring the Legislative Branch of our national government.

Now this paragraph says that these new coins bear the same design as their "bullion AND proof counterparts"

Priced at the relative mid-point between the American Eagle Proof Coins and the American Eagle Bullion Coins, the one-ounce American Eagle Gold Uncirculated Coins sell for $720.00; the 1/2-ounce for $375.00; the 1/4-ounce for $190.00; the 1/10-ounce for $85.00; and the four-coin gold uncirculated set for $1,350.

Finally this paragraph says these new coins are priced between the "AE proof and the AE bullion" coins.

All of these fine distinctions and parsing of language by the Mint make me wonder what the heck these coins are. Is it not true that the regular AE Silver, gold and platinum are bullion? Why is the mint making a distinction between "bullion" and these "uncirculated" coins? Can there be some "in-between" with respect to bullion that we don't know about?

I really am not sure if these new coins are indeed the same coins as those which will appear in those 2-pc sets. Does anyone have a better explanation of this? Perhaps my definition of bullion is not as informed as it should be...

FullStrike · September 17, 2006 11:11PM

<< I'm looking for the reverse proofs to be offered next.
At this point, why would the mint not do so?
Gota love it.
>>

Around the Christmas rush would be the best time to offer the Gold and Silver Reverse Proofs as singles. Right after eBay has established a very high secondary market for them.

On new years eve happy buyers might stage a party on the steps of the mint and pass around free c .. ocktails.

aficionado · September 18, 2006 1:02AM

<< So according to the press release the Mint is making this "uncirculated coin" which we're all annoyed about because we think it's the same coin that sits in the 2-pc AE sets we all ordered (which according to the product description are "uncirculated "W" mintmarked coins). So I took a close look at the language of that release...

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.

This says these new coins have a finish SIMILAR to the bullion counterparts.

The American Eagle Gold and Silver Uncirculated Coins bear the same designs as their bullion and proof counterparts. The platinum version features the same obverse design found on the proof and bullion coins, but the reverse displays the design featured on the reverse of the 2006 American Eagle Platinum Proof Coin – a design honoring the Legislative Branch of our national government.

Now this paragraph says that these new coins bear the same design as their "bullion AND proof counterparts"

Priced at the relative mid-point between the American Eagle Proof Coins and the American Eagle Bullion Coins, the one-ounce American Eagle Gold Uncirculated Coins sell for $720.00; the 1/2-ounce for $375.00; the 1/4-ounce for $190.00; the 1/10-ounce for $85.00; and the four-coin gold uncirculated set for $1,350.

Finally this paragraph says these new coins are priced between the "AE proof and the AE bullion" coins.

All of these fine distinctions and parsing of language by the Mint make me wonder what the heck these coins are. Is it not true that the regular AE Silver, gold and platinum are bullion? Why is the mint making a distinction between "bullion" and these "uncirculated" coins? Can there be some "in-between" with respect to bullion that we don't know about?

I really am not sure if these new coins are indeed the same coins as those which will appear in those 2-pc sets. Does anyone have a better explanation of this? Perhaps my definition of bullion is not as informed as it should be... >>

The coins in the set are Uncirculated. So the coins in the set will have a larger mintage than originally thought. The Unc. will carry the "W" mint mark, that is all we know for sure. Even if they are slightly different than the bullion, the fact that they are in the sets and sold as singles, via the new offering from the Mint, is what the problem is.

As for the Platinum, the Proof has a different Reverse than the Bullion coin. They change the Proof reverse every year, they keep the Bullion the same every year. This "NEW" Platinum Unc will have a reverse like the Proof and not like the regular Bullion. And I would assume these will be produced again, with the next years new Proof reverse on them.

The Gold and Silver reverse and obverse will all be the same across all finishes.

coinmickey · September 18, 2006 1:06AM

Even if they are slightly different than the bullion, the fact that they are in the sets and sold as singles is what the problem is.

This is my point. What is the difference? How can these be slightly different than the bullion? Either they are or are they aren't. Is there some in between that we all don't know about?

Suffice to say I cancelled my order and saved $850...

When they feel like telling us the difference and also telling us what the mintage limits on these new coins will be then I'll pay attention.

lonelyp · September 18, 2006 4:13AM

<< So according to the press release the Mint is making this "uncirculated coin" which we're all annoyed about because we think it's the same coin that sits in the 2-pc AE sets we all ordered (which according to the product description are "uncirculated "W" mintmarked coins). So I took a close look at the language of that release...

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.

This says these new coins have a finish SIMILAR to the bullion counterparts.

The American Eagle Gold and Silver Uncirculated Coins bear the same designs as their bullion and proof counterparts. The platinum version features the same obverse design found on the proof and bullion coins, but the reverse displays the design featured on the reverse of the 2006 American Eagle Platinum Proof Coin – a design honoring the Legislative Branch of our national government.

Now this paragraph says that these new coins bear the same design as their "bullion AND proof counterparts"

Priced at the relative mid-point between the American Eagle Proof Coins and the American Eagle Bullion Coins, the one-ounce American Eagle Gold Uncirculated Coins sell for $720.00; the 1/2-ounce for $375.00; the 1/4-ounce for $190.00; the 1/10-ounce for $85.00; and the four-coin gold uncirculated set for $1,350.

Finally this paragraph says these new coins are priced between the "AE proof and the AE bullion" coins.

All of these fine distinctions and parsing of language by the Mint make me wonder what the heck these coins are. Is it not true that the regular AE Silver, gold and platinum are bullion? Why is the mint making a distinction between "bullion" and these "uncirculated" coins? Can there be some "in-between" with respect to bullion that we don't know about? >>

I could be wrong about this but my thought is...
They are using the word bullion to describe the normal every day eagles, gold, silver, and platinum. That normally don't have any mint mark.

The uncirculated Coins in both the 2 + 3 coin anniversary sets are different in that they will be struck on specially burnished blanks. And have the W mint mark.

The single coins, they are now putting on sale, are the same as in the sets. there by making the sets $110.00 more expensive than buying the single coins in gold and silver. The platinum coins aren't part of the problem. because they are not part of the anniversary sets.
If anyone disagrees with my interpertation please straighten me out.

aficionado · September 18, 2006 4:55AM

<< 

This is my point. What is the difference? How can these be slightly different than the bullion? Either they are or are they aren't. Is there some in between that we all don't know about?

>>

Here's the Mints quote under the 20th Anniv. set press release:

"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."

Here's the quote under the 'new' Unc coins press release:

"Struck on specially burnished blanks, the American Eagle Uncirculated Coins feature a finish similar to their bullion counterparts,"

One definitely says the 'SAME' and the other says 'SIMILAR".

Hmmmmm, I guess nobody will know until they are shipped.

AlixTCat · September 18, 2006 5:17AM

So, from what I have read, there will be the UNCIRCULATED SAE's with the W mint mark.
Then they are going to sell bullion coins without the W mint mark.
The two coin sets will have the W mint mark UNCIRCULATEDS.
They will also be selling the W mint mark UNCIRCULATEDS singly for around $20 each.
Supposedly these are the same coins, which makes it an added $100+ for the coins bought as a set than bought singly.
Am I getting it all straight? Anything I missed?
I cancelled my two coin set when I saw they were not going for anything above issue price on eBay.
As I said, previously, they will now probably skyrocket.

Jonathan

7over8 · September 18, 2006 10:01AM

again, as I stated two days ago and another forum member keeps saying here -

The words SAME and SIMILAR are used to describe the coins offered in the set and singly as part of the Sept 28 offering.

Are they really alike? SAME means SAME......why do they use the term SIMILAR?

POLL:How many people canceled orders for 2 coin anniversary sets?

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