I received five sets of the Silver Anniversary Sets early in December. The coins are beautiful, no doubt...especially the RPs, but I noticed that all five of the RPs are rotated about 30 degrees off true...has anyone else seen this?
I have three hypotheses: 1. I just got "lucky" (or not) with a rotated die error. This may or may not be a good thing, depending on the market. 2. This is deliberate on the part of the mint to reduce the chance of monkey business (taking an uncircurlated 2006 and doctoring it to look like a reverse proof...I doubt it, though, since you would also have to change the mint mark to a "P") 3. This is a major error that isn't very widespread and will be worth lots and lots to the right people.
Any comments/observations would be appreciated...especially from those who have seen this in their own coins or could speculate on the probably impact/worth of the coins. Is it worth sending them off to NGC (I have an associate membership with them through ANA)...with the intent of documenting the error? Or is this below the radar and the coins are actually less desirable to other collectors due to the rotation error? Thanks. [If it would help, I can take digital photos tonight and put them on the message board...I haven't actually measured the rotation, but 30 degrees is probably a good guess...it is certainly more than you would expect to see in a proof coin especially]
FWIW, the shipping date on my half ounce gold W just got bumped from 12/27 to 1/16. I ordered about two hours before the "product not available" notice went up.
<< <i>Are the fractional APE Proofs worth collecting???
1/10oz. 10,000
1/4oz. 5,000
1/2oz. 3,000
Mighty low mintages from my vantage point.
Do they not have the same appeal as the Uncs.???
Thanks in advance >>
Where did you get your numbers?
Numismatic News says there are: 3300 1 oz 1713 1/2 oz 1410 1/4 3648 1/10 oz 5139 4-coin sets
This is listed under 2006 Proof American Eagles Sales Platinum
By the way congrats on the 70. I sent in 1-1oz that I know will not be a 70, but should be a 69, I figure get the FS label and decide later what I want to do with it. Two 1/2 oz I sent in, hopfully/could/should be 70's. I'll keep my fingers crossed.
What values could you get for MS70 platinums and gold uncs? Any guess is good as mine. I look at PCGS's price guide and some 70's are getting $4k-$10k...and these are not super low mintages like the 2006-W.
<< <i>Are the fractional APE Proofs worth collecting???
1/10oz. 10,000
1/4oz. 5,000
1/2oz. 3,000
Mighty low mintages from my vantage point.
Do they not have the same appeal as the Uncs.???
Thanks in advance >>
Where did you get your numbers?
Numismatic News says there are: 3300 1 oz 1713 1/2 oz 1410 1/4 3648 1/10 oz 5139 4-coin sets
This is listed under 2006 Proof American Eagles Sales Platinum
By the way congrats on the 70. I sent in 1-1oz that I know will not be a 70, but should be a 69, I figure get the FS label and decide later what I want to do with it. Two 1/2 oz I sent in, hopfully/could/should be 70's. I'll keep my fingers crossed. >>
Thank you all for the congrats(and thanks Coinboy)
Getting an MS70 on a one coin submission is quite exhilarating.
I just used the max numbers the mint can manufacture....I did not know the exact #'s like you gave...much appreciated.
10 sets ordered 10/16/06 received 1/5/07 via USPS Registered mail. Ship date on US Mint website stated 12/21, and my acct. was debited on 12/26. Tracking # did not show up on USPS or DHL. There was probably a loose capsule inside, but I won't open it - will let one of the grading companies do it.
Assuming someone buys a box of these in the open market and send it in for grading, the cost would be around $3000.00 , if you don't get any 70's, would you be in the red?
Coin Collector, Chicken Owner, Licensed Tax Preparer & Insurance Broker/Agent. San Diego, CA
<< <i>Assuming someone buys a box of these in the open market and send it in for grading, the cost would be around $3000.00 , if you don't get any 70's, would you be in the red? >>
I paid the U.S Mint $1005 for the case of ASE's
I paid $40 to ship to PCGS.
I paid PCGS for grading and return shipping $465.
I can make a nice profit if I sell without question.
However, you're right, on the open market you'll pay an additional $1000+ minimum(if you are lucky).
Without at least 2 70's of the RP and a couple MS70's, you will lose money.
But, what if you get 3 RP's???
Remember, I posted an earlier thread on a guy that got 5 out of 10 PR70 RP's....UNREAL!!!!
I just checked with the Mint and my 2006 W uncirculated Silver Eagles are now showing a shipping date of 01/16/07 instead of 12/25/06. I was almost certain they were going to be cancelled.
<< <i>I just checked with the Mint and my 2006 W uncirculated Silver Eagles are now showing a shipping date of 01/16/07 instead of 12/25/06. I was almost certain they were going to be cancelled. >>
Interesting report from the lead story of the Jan 22 edition of Coin World. Someone bought 300 of the $10 2006-W Unc platinum eagles from the mint for $180 each. That person then sold all of them to Silver Towne for $600 each, realizing a profit of $126,000. I'm guessing that person is the one who caused the $10 eagle to sell-out.
I always thought there was a "20th Anniversary" label fee , I guess not.
Thanks. >>
The $10 fee was for the "First Strike 20th Anniversary" label. The sets had to have a US Mint shipping date of October 24, 2006 or before to qualify for "First Strike", then you had to pay $10 if you wanted the label.
I think they are going to go much lower for non-first strike because so many can still have them graded. First Strike will begin to climb back up since it is too late for most and there are very few compared to the total number of reverse coins.
Remember, the 2006 W-Uncs used the SAME planchets as the 2006 W-Proofs used. The W-Proofs get (5) hits in the Press, the 2006 W-Uncs (3-4) hits. >>
It was my understanding from watching the show on the Mint that was broadcast on the discovery channel, that the proof plats get 9 hits of the die and the dies are good for up to 250-300 coins.
Comments
OFFICIAL.......YOU SUCK AWARD! Congrats
well done.
Camelot
<< <i>Goldbully, you are hereby awarded the
OFFICIAL.......YOU SUCK AWARD! Congrats
well done. >>
Dear fellow forum members, and "The Wisest of all Bears":
I cannot accept this award tonight.
As George Washington would say, "I can not tell a lie."
If that was my 5 out of 10 submission, I would be singing in the street.
I was just scanning the submissions near my petite submissions, and I discovered this one lucky 'mutha submitter'!!!!!!
Cheers to him/her.......
Camelot
Camelot
<< <i>What if PCGS just publishes those grades to tease us?
Not a bad idea, Bear.....but, I believe some real person is going to be quite happy with those 5 PR70 RP's.
<< <i>What if PCGS just publishes those grades to tease us?
No tease here, Bear.
This guy sent in 30 ASE RP's....and got 4 graded PR70....still not bad.
At least there were no 68's!!!!
1 1 10759238 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR70
1 2 10759239 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR69
1 3 10759240 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR69
1 4 10759241 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR70
1 5 10759242 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR69
1 6 10759243 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR69
1 7 10759244 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR69
1 8 10759245 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR69
1 9 10759246 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR69
1 10 10759247 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR69
1 11 10759248 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR69
1 12 10759249 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR69
1 13 10759250 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR70
1 14 10759251 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR69
1 15 10759252 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR69
1 16 10759253 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR69
1 17 10759254 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR70
1 18 10759255 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR69
1 19 10759256 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR69
1 20 10759257 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR69
1 21 10759258 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR69
1 22 10759259 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR69
PCGS Link
I have three hypotheses:
1. I just got "lucky" (or not) with a rotated die error. This may or may not be a good thing, depending on the market.
2. This is deliberate on the part of the mint to reduce the chance of monkey business (taking an uncircurlated 2006 and doctoring it to look like a reverse proof...I doubt it, though, since you would also have to change the mint mark to a "P")
3. This is a major error that isn't very widespread and will be worth lots and lots to the right people.
Any comments/observations would be appreciated...especially from those who have seen this in their own coins or could speculate on the probably impact/worth of the coins. Is it worth sending them off to NGC (I have an associate membership with them through ANA)...with the intent of documenting the error? Or is this below the radar and the coins are actually less desirable to other collectors due to the rotation error? Thanks. [If it would help, I can take digital photos tonight and put them on the message board...I haven't actually measured the rotation, but 30 degrees is probably a good guess...it is certainly more than you would expect to see in a proof coin especially]
I ordered about two hours before the "product not available" notice went up.
1/10oz. 10,000
1/4oz. 5,000
1/2oz. 3,000
Mighty low mintages from my vantage point.
Do they not have the same appeal as the Uncs.???
Thanks in advance
The amazing part, is that it was received on 1/3/07 and graded today by noon.
I had 3 submissions in one box, and this one was sent to the Bulk Dept.
The other 2 were Modern and Regular.
Kudos to PCGS Bulkers!!!!
<< <i>PCGS just graded my one and only Plat Unc 1oz'r........gotta MS70FS!!!!!!
The amazing part, is that it was received on 1/3/07 and graded today by noon.
I had 3 submissions in one box, and this one was sent to the Bulk Dept.
The other 2 were Modern and Regular.
Kudos to PCGS Bulkers!!!!
Oh, and BTW....it just shipped!!!!!
You did great!
______________
On the Proofs:
I bought a 1/2 this summer because of the 'apparent' low mintage at the time. (It's in at PCGS with my Unc's, now.)
Then things changed and they sold a ton of Proofs.
In any case, depending on how the 1/2 comes back, I am going to get the other three coins but only the graded ones, in the after market.
I think you might do better with 2007's, IMHO
<< <i>Are the fractional APE Proofs worth collecting???
1/10oz. 10,000
1/4oz. 5,000
1/2oz. 3,000
Mighty low mintages from my vantage point.
Do they not have the same appeal as the Uncs.???
Thanks in advance >>
Where did you get your numbers?
Numismatic News says there are:
3300 1 oz
1713 1/2 oz
1410 1/4
3648 1/10 oz
5139 4-coin sets
This is listed under 2006 Proof American Eagles Sales Platinum
By the way congrats on the 70. I sent in 1-1oz that I know will not be a 70, but should be a 69, I figure get the FS label and decide later what I want to do with it. Two 1/2 oz I sent in, hopfully/could/should be 70's. I'll keep my fingers crossed.
1 oz. 3,305/4,000 + nearly 5,139/10,000 Sets
1/2oz. 1,713/3,000 + nearly 5,139/10,000 Sets
1/4oz. 1,410/5,000 + nearly 5,139/10,000 Sets
1/10oz. 3,648/10,000 + nearly 5,139/10,000 Sets
<< <i>
<< <i>Are the fractional APE Proofs worth collecting???
1/10oz. 10,000
1/4oz. 5,000
1/2oz. 3,000
Mighty low mintages from my vantage point.
Do they not have the same appeal as the Uncs.???
Thanks in advance >>
Where did you get your numbers?
Numismatic News says there are:
3300 1 oz
1713 1/2 oz
1410 1/4
3648 1/10 oz
5139 4-coin sets
This is listed under 2006 Proof American Eagles Sales Platinum
By the way congrats on the 70. I sent in 1-1oz that I know will not be a 70, but should be a 69, I figure get the FS label and decide later what I want to do with it. Two 1/2 oz I sent in, hopfully/could/should be 70's. I'll keep my fingers crossed. >>
Thank you all for the congrats(and thanks Coinboy)
Getting an MS70 on a one coin submission is quite exhilarating.
I just used the max numbers the mint can manufacture....I did not know the exact #'s like you gave...much appreciated.
2 to 1 is pretty good odds at this juncture.
Thoughts?
Still, I'm happy overall.......
Line # Item # Cert # PCGS No. CoinDate Denomination Variety Country Grade
1 1 11269922 89990 2006-W $1 Eagle-20th Anniversary US MS68
1 2 11269923 89990 2006-W $1 Eagle-20th Anniversary US MS68
1 3 11269924 89990 2006-W $1 Eagle-20th Anniversary US MS69
1 4 11269925 89990 2006-W $1 Eagle-20th Anniversary US MS68
1 5 11269926 89990 2006-W $1 Eagle-20th Anniversary US MS69
1 6 11269927 89990 2006-W $1 Eagle-20th Anniversary US MS69
1 7 11269928 89990 2006-W $1 Eagle-20th Anniversary US MS69
1 8 11269929 89990 2006-W $1 Eagle-20th Anniversary US MS69
1 9 11269930 89990 2006-W $1 Eagle-20th Anniversary US MS69
1 10 11269931 89990 2006-W $1 Eagle-20th Anniversary US MS69
2 1 11269932 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR69
2 2 11269933 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR69
2 3 11269934 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR69
2 4 11269935 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR69
2 5 11269936 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR69
2 6 11269937 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR69
2 7 11269938 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR69
2 8 11269939 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR69
2 9 11269940 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR70
2 10 11269941 799977 2006-P $1 Eagle-20th Anniv. Reverse Proof US PR70
3 1 11269942 89998 2006-W $1 Eagle-20th Anniversary US PR68DC
3 2 11269943 89998 2006-W $1 Eagle-20th Anniversary US PR68DC
3 3 11269944 89998 2006-W $1 Eagle-20th Anniversary US PR68DC
3 4 11269945 89998 2006-W $1 Eagle-20th Anniversary US PR69DC
3 5 11269946 89998 2006-W $1 Eagle-20th Anniversary US PR69DC
3 6 11269947 89998 2006-W $1 Eagle-20th Anniversary US PR69DC
3 7 11269948 89998 2006-W $1 Eagle-20th Anniversary US PR69DC
3 8 11269949 89998 2006-W $1 Eagle-20th Anniversary US PR69DC
3 9 11269950 89998 2006-W $1 Eagle-20th Anniversary US PR69DC
3 10 11269951 89998 2006-W $1 Eagle-20th Anniversary US PR69DC
San Diego, CA
<< <i>Assuming someone buys a box of these in the open market and send it in for grading, the cost would be around $3000.00 , if you don't get any 70's, would you be in the red? >>
I paid the U.S Mint $1005 for the case of ASE's
I paid $40 to ship to PCGS.
I paid PCGS for grading and return shipping $465.
I can make a nice profit if I sell without question.
However, you're right, on the open market you'll pay an additional $1000+ minimum(if you are lucky).
Without at least 2 70's of the RP and a couple MS70's, you will lose money.
But, what if you get 3 RP's???
Remember, I posted an earlier thread on a guy that got 5 out of 10 PR70 RP's....UNREAL!!!!
<< <i>This was my second submission for grading to PCGS. Results:
2006-P $1 Eagle-20th Anniv. Reverse Proof US PR70
2006-P $1 Eagle-20th Anniv. Reverse Proof US PR69
2006-P $1 Eagle-20th Anniv. Reverse Proof US PR67
2006-W $1 Eagle US MS69
2006-W $1 Eagle US MS69
2006-W $1 Eagle US PR69DC
2006-W $1 Eagle US PR69DC
2006-W $1 Eagle US PR68DC
That PR67 may be a collector's item.
I thought it was $14.00 + $10.00 for the label per coin?
San Diego, CA
<< <i>I paid PCGS for grading and return shipping $465.
I thought it was $14.00 + $10.00 for the label per coin? >>
30 coins x $14 = $420
10 boxes/COA x $2 = $20
Postage and Handling = $25.80
Total = $465.80
There is NO $10 SAE label fee.
I always thought there was a "20th Anniversary" label fee , I guess not.
Thanks.
San Diego, CA
PCGS Link
<< <i>That PR67 may be a collector's item.
I know. I will begrudgingly trade it for two reverse proof PR70's.
(I'm joking here of course in case anyone tells me to take it to the BST.)
<< <i>I just checked with the Mint and my 2006 W uncirculated Silver Eagles are now showing a shipping date of 01/16/07 instead of 12/25/06. I was almost certain they were going to be cancelled. >>
San Diego, CA
<< <i>There is NO $10 SAE label fee.
I always thought there was a "20th Anniversary" label fee , I guess not.
Thanks. >>
The $10 fee was for the "First Strike 20th Anniversary" label. The sets had to have a US Mint shipping date of October 24, 2006 or before to qualify for "First Strike", then you had to pay $10 if you wanted the label.
I don't know if this has been addressed, but why are there two sets of PCGS numbers for the 2006-W Uncirculated Platinum?
For example:
$50 - 21123, 21127
$100 - 21124, 21128
One is First Strike, the other is either 10th Anniver./no selection
For BOTH NGC & PCGS - Here are the 1 oz. Pops
AS of 01-15-2007:
196/413 - about 47% of the 1oz. graded MS70 at PCGS
140/231 - about 60% of the 1oz. graded MS70 at NGC
--->OVERALL 336/644 or 52% of 25% OF THE TOTAL MINTAGE Graded so far is at MS70.
Overall if no other MS 70 Grades come out, 336/2500 = 13.44% of total Mintage is MS70
Remember, the 2006 W-Uncs used the SAME planchets as the 2006 W-Proofs used. The W-Proofs get (5) hits in the Press, the 2006 W-Uncs (3-4) hits.
<< <i>AS of 01-15-2007:
196/413 - about 47% of the 1oz. graded MS70 at PCGS
140/231 - about 60% of the 1oz. graded MS70 at NGC
--->OVERALL 336/644 >>
644/2500 1 oz coins have been certified in just a few weeks, representing more than 25% of the total mintage of 1 oz coins!
San Diego, CA
And then PR70 no FS were going for $1000 to $2000??
And now check this last eBay auction............hope this is the proverbial bottom.
Any thoughts out there amongst the modern lovers??????
Link
not the shipping labels.
<< <i>
Remember, the 2006 W-Uncs used the SAME planchets as the 2006 W-Proofs used. The W-Proofs get (5) hits in the Press, the 2006 W-Uncs (3-4) hits. >>
It was my understanding from watching the show on the Mint that was broadcast on the discovery channel, that the proof plats get 9 hits of the die and the dies are good for up to 250-300 coins.
$100, UNC, coins came back from PCGS.
(2) MS-69 First Strikes
(1) MS-70 First Strike
I think all three are gonna be keepers.
Camelot
<< <i>93 posts in this thread and not a single pic. What the heck?
I was sent here to remind you that you are slacking in your responsibilities......you know what I mean....
TW
Camelot
<< <i>Well my three 1oz, 2006W Platinum
$100, UNC, coins came back from PCGS.
(2) MS-69 First Strikes
(1) MS-70 First Strike
I think all three are gonna be keepers.