2006W Gold Eagle AGE Sets Dogging?
Akbeez
Posts: 2,697 ✭✭✭✭✭
What the? I hope today's ebay auctions are just a ripple in the force -- $1405 and $1475??? What's going on out there? I still see the plat's holding steady, what's with the gold? Considering the low mintage on these, I would have figured $2k by now. I had several to move along, but I guess I'll wait.
Wayne
Wayne
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Comments
Eric
2006 W $25
My icon IS my coin. It is a gem 1949 FBL Franklin.
<< <i>How'd you like to be the guy that sold this?
2006 W $25 >>
I'd feel a lot better than the average guy who bought $375 in lottery tickets
Box of 20
<< <i>
<< <i>How'd you like to be the guy that sold this?
2006 W $25 >>
I'd feel a lot better than the average guy who bought $375 in lottery tickets
OUCH! Unbelievable. With the strong following of gold eagle collectors out there, I can't figure out why these aren't moving upward -- or at least leveling. Will it take publishing mintages in the Red Book to have an impact?
When and where does the Mint publish their "final" numbers?
<< <i>'m suprised at the price as well. I would have been happy with $1600 by May. That ain't hap'nin. >>
What are you talking about? They are routinely selling for over $1700 (this is just one example). The key seems to be this: list them as a fixed price auction, NOT as a true auction. Regular auctions are going in the $1500 range, while fix price listings are selling for over $1700.
I don't understand why there's a $200-$300 gap between auction and fixed price listings, but there is.
<< <i>
<< <i>
<< <i>How'd you like to be the guy that sold this?
2006 W $25 >>
I'd feel a lot better than the average guy who bought $375 in lottery tickets
OUCH! Unbelievable. With the strong following of gold eagle collectors out there, I can't figure out why these aren't moving upward -- or at least leveling. Will it take publishing mintages in the Red Book to have an impact?
When and where does the Mint publish their "final" numbers? >>
Relax, they're doing much better than that auction would lead you to believe. Most of the raw ones lately have been in the $520-$570 range. If I had seen that auction before it ended I'd have been all over it. I think when all is known about what the Mint intends for 2007, you'll see these coins fly.
My icon IS my coin. It is a gem 1949 FBL Franklin.
Maybe so. I heard he ate a bad 22 dime.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Remember NGC 70/70/70 gold sets a few months ago going for around $6000? There are very few, if any, available for less than $8500 now.
Silver sets were $150 a few months ago, now you can't get one for less than $325.
My crystal ball is telling me the same will happen with these in a few months.
Gold Anniversary Sets are doing well.
Last I saw was a steady over $5000 for raw sets.
<< <i>You should not sell until next year when the 07 mintages are finalized. >>
I understand that 2007 proofs have been selling briskly (though I don't see the latest stats at NN's online page), so it seems reasonable to expect that the unc golds will be strong sellers. (BTW, as a newbie I have to ask -- do the unc 06's really look so much like the bullion coins?)
The Mint has the Uncirculated Eagles on their schedule but doesn't yet show the Buffalo fractionals, so I doubt if awareness of the latter is as high as that for the upcoming uncs. I see the price for the 06 uncs moving up if the 07s start selling at a decent pace. If the new issues don't move very fast -- like, ahem, last fall's version started off -- then waiting until the bitter end, or about 9-12 months for now, will tell just how key an issue the 06 will become.
<< <i>
<< <i>'m suprised at the price as well. I would have been happy with $1600 by May. That ain't hap'nin. >>
What are you talking about? They are routinely selling for over $1700 (this is just one example). The key seems to be this: list them as a fixed price auction, NOT as a true auction. Regular auctions are going in the $1500 range, while fix price listings are selling for over $1700.
I don't understand why there's a $200-$300 gap between auction and fixed price listings, but there is. >>
ddink - the last 3 sets that sold since the one you posted have sold at $1609 and $1475. Today one fell for $1530. 3 weeks ago I had offers of $1850 -- I agree though, fixed listing or reserves are necessary at this time.
Several posts have indicated that waiting for 07 mintages will tell the story -- am I to understand that high 07 mintages = high 06 $ interest? I think we all know demand will be high for the 06 have-nots. Conversely, low 07 mints = low 06 $? Looking at past AGE performances, I just can't agree with the latter scenario. Perhaps this is a symptom of a glut of options available depressing the entire market...
<< <i>
<< <i>You should not sell until next year when the 07 mintages are finalized. >>
I understand that 2007 proofs have been selling briskly (though I don't see the latest stats at NN's online page), so it seems reasonable to expect that the unc golds will be strong sellers. (BTW, as a newbie I have to ask -- do the unc 06's really look so much like the bullion coins?)
The Mint has the Uncirculated Eagles on their schedule but doesn't yet show the Buffalo fractionals, so I doubt if awareness of the latter is as high as that for the upcoming uncs. I see the price for the 06 uncs moving up if the 07s start selling at a decent pace. If the new issues don't move very fast -- like, ahem, last fall's version started off -- then waiting until the bitter end, or about 9-12 months for now, will tell just how key an issue the 06 will become. >>
Well ... I gotta admit the difference between "bullion" strikes and the "burnished" strikes is not that striking. BUT the W makes all the difference for the set collector. So you think the 07 bullion sales will trigger 06W interest?
<< <i>As part of American Eagle Gold Uncirculated Coin Program, the 2007 AGE will also be released with a mint mark and will be avaliable in four different sizes. Once the final minatge is announced, people will realize the 2006-W will be the key low mintage, inaugural issue of the series. The burnished issue also receive special handling versus their bullion counterparts as they are considered the 'collectors version'. >>
<< <i>ddink - the last 3 sets that sold since the one you posted have sold at $1609 and $1475. >>
Yes, and they were all auctions. I don't know why the auctions aren't doing as well, but with fixed price listings and some patience, you should be able to get $1700+ for them.
Thank you, so do I
Happy Hunting.
<< <i>
<< <i>
<< <i>You should not sell until next year when the 07 mintages are finalized. >>
I understand that 2007 proofs have been selling briskly (though I don't see the latest stats at NN's online page), so it seems reasonable to expect that the unc golds will be strong sellers. (BTW, as a newbie I have to ask -- do the unc 06's really look so much like the bullion coins?)
The Mint has the Uncirculated Eagles on their schedule but doesn't yet show the Buffalo fractionals, so I doubt if awareness of the latter is as high as that for the upcoming uncs. I see the price for the 06 uncs moving up if the 07s start selling at a decent pace. If the new issues don't move very fast -- like, ahem, last fall's version started off -- then waiting until the bitter end, or about 9-12 months for now, will tell just how key an issue the 06 will become. >>
Well ... I gotta admit the difference between "bullion" strikes and the "burnished" strikes is not that striking. BUT the W makes all the difference for the set collector. So you think the 07 bullion sales will trigger 06W interest? >>
What FLBuffaloHunter said. The reasoning is that if, say, 25000+ half-ouncers are sold, then the 06's mere 15000 sold wouldn't be enough to go around to all the gold unc eagle collectors.
That of course assumes that gold unc collectors want to collect by year even though the designs are the same (a situation unlike that with the plats).
That may actually cost me some money in resale if I don't get a 70 or two. Last I looked I could sell unopened (which I don't like to do) for $1700-$1800. Graded (69) or opened sets were going for around $1550-$1600.
I agree on listing at a fixed price. That way someone that makes the decision to buy can just buy it and not have to wait 5 days or whatever. I usually get my price on fixed auctions if priced right.
Swest
Here is hoping for a couple 70s
<< <i>Great..I just broke open my two sets and sent them into PCGS lol.
That may actually cost me some money in resale if I don't get a 70 or two. Last I looked I could sell unopened (which I don't like to do) for $1700-$1800. Graded (69) or opened sets were going for around $1550-$1600.
I agree on listing at a fixed price. That way someone that makes the decision to buy can just buy it and not have to wait 5 days or whatever. I usually get my price on fixed auctions if priced right.
Swest
Here is hoping for a couple 70s
You should have sent them across the street. Their pop reports show more 70's than 69's on the fractionals
Link
<< <i>It's kind of ridiculous, if you think about it, that people would start back collecting or rushing out to get the '06 coins only after seeing what the numbers will be on the '07 coins. The figures for oh six are already well established. So what if this year's coins have a large mintage? It doesn't change anything except peoples' thinking and speculation. They should have already purchased last year's coins regardless of what happens this year or the next or the next, imo. This is where the collector is separated from the investor/speculator/wannabee. >>
The theory is with the inaugural issue and historically low mintage, there won't be enough of the 2006-W AGE to go around for those that wish to collect a date set of the mint issued collectable version of their bullion counterparts. FYI and lowest mintage tend to appeciate the most with time. Especially with top poulation examples.
<< <i>It's kind of ridiculous, if you think about it, that people would start back collecting or rushing out to get the '06 coins only after seeing what the numbers will be on the '07 coins. The figures for oh six are already well established. So what if this year's coins have a large mintage? It doesn't change anything except peoples' thinking and speculation. They should have already purchased last year's coins regardless of what happens this year or the next or the next, imo. This is where the collector is separated from the investor/speculator/wannabee. >>
Agreed -- ridiculous it is -- one only has to look at the others: plats & ASEs Unc W to see the ground swell of growth. Why are the AGE's being shunned -- I find this perplexing...
<< <i>Agreed -- ridiculous it is -- one only has to look at the others: plats & ASEs Unc W to see the ground swell of growth. Why are the AGE's being shunned -- I find this perplexing... >>
It could be that AGEs are in an uncomfortable middle area. ASEs are very affordable so there are lots of collectors. There are fewer collectors for modern gold/plats due to the price levels and now that collectors have seen the light on the ultra-low plat mintages, the AGEs may no longer seem as attractive. Perhaps there aren't enough collectors for both modern gold and plat? The AGBs, which I find quite attractive, probably don't help the situation either.
<< <i>Gold Anniversary Sets are doing well.
Last I saw was a steady over $5000 for raw sets. >>
those sold out in one day, BTW
yes with the RP gold.
these 4 coin sets have nothing to grab a hold on for a collector other than being a "set" i don't see them going anywhere but where they are now. sure they're are only 10k+ minted but so what? i think i'm ready to sell mine.
Loaded
I think that a good portion of the future demand for 2006-W eagles will be from new collectors, who will begin to assemble their sets after the coins have been struck for several years and have become an actual series.
My Adolph A. Weinman signature
<< <i>I think that a good portion of the future demand for 2006-W eagles will be from new collectors, who will begin to assemble their sets after the coins have been struck for several years and have become an actual series. >>
Could be. That would be similar to the high prices for the 1999 silver proof sets.
<< <i>How'd you like to be the guy that sold this?
2006 W $25 >>
PCGS MS69 only selling about $100 more....bummer...got to hold on to them.
<< <i>
<< <i>How'd you like to be the guy that sold this?
2006 W $25 >>
PCGS MS69 only selling about $100 more....bummer...got to hold on to them.
Hey fellas...
Anyone ever hear the saying : "the calm before the storm ?"
Hang on tight !
I agree with this post. Got to hold on to them ! PERIOD.
``https://ebay.us/m/KxolR5
<< <i>
these 4 coin sets have nothing to grab a hold on for a collector other than being a "set" i don't see them going anywhere but where they are now. sure they're are only 10k+ minted but so what? i think i'm ready to sell mine.
Loaded >>
I think the average collectors are running out of ammunition just to keep up with AGE proof (20th Anniversary), ASE, Plats proof & unc, $5 gold commems, silver commems, proof sets, burnished mint sets, SAC in rolls, Presidential coins, and very soon the new $10 gold coins & Platinum 10th Anniversary sets.
<< <i>
<< <i>
these 4 coin sets have nothing to grab a hold on for a collector other than being a "set" i don't see them going anywhere but where they are now. sure they're are only 10k+ minted but so what? i think i'm ready to sell mine.
Loaded >>
I think the average collectors are running out of ammunition just to keep up with AGE proof (20th Anniversary), ASE, Plats proof & unc, $5 gold commems, silver commems, proof sets, burnished mint sets, SAC in rolls, Presidential coins, and very soon the new $10 gold coins & Platinum 10th Anniversary sets. >>
I don't see anything wrong with not being able to buy everything. Making choices is part of what makes collecting fun and those other things may be more interesting to people.
eBay Link
<< <i>This buyer with no feedback bought the 3pc. gold Anniversary set for $3300!!!!!!!!
eBay Link >>
From a seller with a feedback of 15, all from over a year ago
The seller has 2 other completed $3300 BINs:
320099411583
320098965775
<< <i>
<< <i>This buyer with no feedback bought the 3pc. gold Anniversary set for $3300!!!!!!!!
eBay Link >>
From a seller with a feedback of 15, all from over a year ago
The seller has 2 other completed $3300 BINs:
320099411583
320098965775 >>
I say the chances are slim to none any of them get what they bargained for.
<< <i> I say the chances are slim to none any of them get what they bargained for. >>
Why do you think the winner will not get his AGE set for $3300 ?
<< <i>
<< <i>
<< <i>This buyer with no feedback bought the 3pc. gold Anniversary set for $3300!!!!!!!!
eBay Link >>
From a seller with a feedback of 15, all from over a year ago
The seller has 2 other completed $3300 BINs:
320099411583
320098965775 >>
I say the chances are slim to none any of them get what they bargained for. >>
Anniversary sets are going for $5000. SO, either someone got a deal or ripped off.
<< <i>Anniversary sets are going for $5000. SO, either someone got a deal or ripped off. >>
I'll give you 10 to 1 it's the latter. Oh, well I guess that's what chargebacks are for
Unfortunately the $5 and $10 gold 2006-w mint state coins are king of nothing. The 1999w unc $5 and $10 gold rule with an iron grip when it comes to relative rarity in series by date and mint mark.........and we do hope the series ends up a date and mint mark series becasue if they become type coins for any reason we are in a world of hurt. It can take a long time to absorb 15000-21000 coins in this price range. Look at the 1991 half, as late a 1995 it was trading just over melt and for less than the 1990!
THEY WILL MOVE UP OVER THE NEXT FEW YEARS AND I HOPE THIS YEAR BUT the problem with the 2006-w gold is they are NOT MEGA COINS and NEVER WILL BE. Even the 2006-w half does not hold significant dominance in its denomination when one considers that the set will be collected mostly in MS-69 or better. MS-69 2006-w gold halves are not rarer than the 1991 MS-69 halves........what place in the moderns mintage rank does a 15,000-16,000 mintage modern stand? Answer 70-80th place.
Please don't get me wrong I do think the 2006-w gold MS coins will move up and like the 3 silver set about two months ago trading at $150 has moved up so too will these gold coins. At the same time the market is acting in a rational manner by not chasing as a first choice coins that are not the key dates.
Eric