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2007-w ASE SOLD OUT??

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  • I noticed there are no 2007w ms69 pre-sales going on ebay yet. image
    Travis

    --------
    Howdy from Houston...

    Can't keep my eyes
    from the circling skies
    Tongue tied and twisted
    Just an earthbound misfit,
    I


    ">my registry set


    image


  • << <i>Subscriptions placed today for this product have a status of "order is in process" rather than "order has been shipped", the latter of which is routine when placing subscriptions prior to the release date.

    Something is going on over there at the USM, maybe the amount set aside for subscription has been reached.

    This is very encouraging. >>



    My order from yesterday(Late last night... after sell out....yep thats right.... after sell out) is no longer in process and went to shipped.(Of course I don't think these ship yet... it just validates the order)
  • ksammutksammut Posts: 1,076 ✭✭✭
    My two subscription orders (including the one placed last night) totaling 15 now show shipped 4/24/07.
    American Numismatic Association Governor 2023 to 2025 - My posts reflect my own thoughts and are not those of the ANA.My Numismatics with Kenny Twitter Page

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    ANA Life Member & Volunteer District Representative

    2019 ANA Young Numismatist of the Year

    Doing my best to introduce Young Numismatists and Young Adults into the hobby.

  • I hesitated to post this thread to begin with. But since everyone has been more than kind to share info with me I would have felt bad if I didn't and it turns out to be correct. WHO KNOWS? But please don't shoot the messenger.
  • planetsteveplanetsteve Posts: 1,425 ✭✭✭✭
    Look at this way: what could you expect people to do after being given that information?

    I think the answer is pretty much nothing. A rumor is one thing, but an unactionable rumor is really something.
  • 57loaded57loaded Posts: 4,967 ✭✭✭


    << <i>I hesitated to post this thread to begin with. But since everyone has been more than kind to share info with me I would have felt bad if I didn't and it turns out to be correct. WHO KNOWS? But please don't shoot the messenger. >>



    most of us shoot blanks anyway.

  • hiijackerhiijacker Posts: 1,172 ✭✭✭
    What is the difference between the Uncirculated American Eagles ordered under the subsription program (which cost 21.95), and the Eagles that you can buy in the monster green boxes (which cost a couple bucks over melt)?
    Buyer of all vintage Silver Bars. PM me
    Cashback from Mr. Rebates


  • << <i>What is the difference between the Uncirculated American Eagles ordered under the subsription program (which cost 21.95), and the Eagles that you can buy in the monster green boxes (which cost a couple bucks over melt)? >>



    The mint mark.
    image
  • hiijackerhiijacker Posts: 1,172 ✭✭✭
    Is it worth paying the extra $8 over melt for the mint mark? i.e. should these coins generally hold at least $8 of premium over melt?
    Buyer of all vintage Silver Bars. PM me
    Cashback from Mr. Rebates


  • << <i>Is it worth paying the extra $8 over melt for the mint mark? i.e. should these coins genrally hold at least $8 of premium over melt? >>



    Well, when it comes to last year's inaugural issue, which sells raw for around eighty bucks, absolutely.

    Many are expecting this year's issue to be minted to demand. Some are now saying, in this thread, they are already sold out (total BS imo). So if you're just into it for bullion value then just go with the standard UNCs, but if you are into it at a collector level, then you might want to consider paying the extra few dollars for these Ws, especially since this issue got rolling just last year.
    image
  • There had just been the '06 to judge by so far. It's currently carrying about $80 over melt.
  • hiijackerhiijacker Posts: 1,172 ✭✭✭
    Gotcha. Assuming this 100,000 mintage rumour is false, then if they mint these to demand these should be worth no more than the bullion which is also minted to demand. Agreed?
    Buyer of all vintage Silver Bars. PM me
    Cashback from Mr. Rebates


  • << <i>Gotcha. Assuming this 100,000 mintage rumour is false, then if they mint these to demand these should be worth no more than the bullion which is also minted to demand. >>



    You are forgetting a couple of factors. Very few people will be willing to part with a "W" silver eagle for less than they paid. It seems like people enjoy collecting these coins every year, and I would be surprised to see people dumping them at a loss.

    On the other hand, silver prices could cause many people to sell their normal monster boxes if silver goes crazy to $18/oz. (or $9/oz.) or something. JMO that the two coins are controlled by different factors.
  • TexastTexast Posts: 1,899 ✭✭✭✭


    << <i>I noticed there are no 2007w ms69 pre-sales going on ebay yet. >>



    For PCGS that will be the top grade, NGC is another story, it sucks having to send stuff to two different places because SAE may develope a "Milkspot" in the future...
    On BS&T Now: Nothing.
    Fighting the Fight for 11 Years with the big "C" - Never Ever Give Up!
    Member PCGS Open Forum board 2002 - 2006 (closed end of 2006) Current board since 2006 Successful trades with many members, over the past two decades, never a bad deal.
  • GeomanGeoman Posts: 2,491 ✭✭✭
    Edited.........

    Got it figured out now. image


  • << <i>Is it worth paying the extra $8 over melt for the mint mark? i.e. should these coins generally hold at least $8 of premium over melt? >>


    Two words: Carson City.
  • aficionadoaficionado Posts: 2,309 ✭✭✭


    << <i>Gotcha. Assuming this 100,000 mintage rumour is false, then if they mint these to demand these should be worth no more than the bullion which is also minted to demand. Agreed? >>



    Don't agree.

    I think the 100,000 is false, but that doesn't mean the Mint will mint these until 2008.

    They probably have a mintage in mind, but no one knows what it is. That's part of the game. image

    The did 200,000 singles for 2007. Plus the 'sets'. So 200,000 singles this year might be a good starting point.


  • fishcookerfishcooker Posts: 3,446 ✭✭
    ??????? Don't you meant gold?


    I didn't meant gold, I meant silver. 1/2 and 1/4 oz silver seems like a pretty good piggyback on an ASE sellout rumor. Plus, the rumor about fractional gold buffalo coins helps this one seem real, too.



  • << <i>??????? Don't you meant gold?


    I didn't meant gold, I meant silver. 1/2 and 1/4 oz silver seems like a pretty good piggyback on an ASE sellout rumor. Plus, the rumor about fractional gold buffalo coins helps this one seem real, too. >>


    Yes yes! And...

    Don't forget ARS 16-117 which prevents the US mint from raising the price of an issue after it has been announced. The W mintmark eagles have already been announced at $21.95 and with silver approaching $15 an ounce, if they keep buying it, the price to mint them will exceed the selling price and they will be forced to stop! Not only that but with the silver proof presidential dollars the mint is already stressed on silver supply--they exhausted their stockpile years ago and must purchase on the open market! Siver to the moon by June! They were only going to mint 10 million eagles of all types and sith 9 million slated for bullion UNCs and close to 1 million for proofs, what does that leave these West Point rarities!? TO THE MOON!



  • << <i>

    << <i>??????? Don't you meant gold?


    I didn't meant gold, I meant silver. 1/2 and 1/4 oz silver seems like a pretty good piggyback on an ASE sellout rumor. Plus, the rumor about fractional gold buffalo coins helps this one seem real, too. >>


    Yes yes! And...

    Don't forget ARS 16-117 which prevents the US mint from raising the price of an issue after it has been announced. The W mintmark eagles have already been announced at $21.95 and with silver approaching $15 an ounce, if they keep buying it, the price to mint them will exceed the selling price and they will be forced to stop! Not only that but with the silver proof presidential dollars the mint is already stressed on silver supply--they exhausted their stockpile years ago and must purchase on the open market! Siver to the moon by June! They were only going to mint 10 million eagles of all types and sith 9 million slated for bullion UNCs and close to 1 million for proofs, what does that leave these West Point rarities!? TO THE MOON! >>



    I wonder how many people would read that and not see the obvious sarcasm. image
  • mrmommrmom Posts: 348


    << <i>

    << <i>??????? Don't you meant gold?


    I didn't meant gold, I meant silver. 1/2 and 1/4 oz silver seems like a pretty good piggyback on an ASE sellout rumor. Plus, the rumor about fractional gold buffalo coins helps this one seem real, too. >>


    Yes yes! And...

    Don't forget ARS 16-117 which prevents the US mint from raising the price of an issue after it has been announced. The W mintmark eagles have already been announced at $21.95 and with silver approaching $15 an ounce, if they keep buying it, the price to mint them will exceed the selling price and they will be forced to stop! Not only that but with the silver proof presidential dollars the mint is already stressed on silver supply--they exhausted their stockpile years ago and must purchase on the open market! Siver to the moon by June! They were only going to mint 10 million eagles of all types and sith 9 million slated for bullion UNCs and close to 1 million for proofs, what does that leave these West Point rarities!? TO THE MOON! >>



    basestealer,
    you made me put in a subscription order of 150. If precious metals stay strong as many "experts" predicted, you can't go wrong with w-unc. silver eagles. Upside potential far outweights downside risk.
  • pf70collectorpf70collector Posts: 6,750 ✭✭✭
    Maybe they just have 100,000 stockpiled and these will go out first until they mint more. If so this will play a factor in getting the FS label. The 2006 W PF 69 and 70 is feeling some upward pressure I see on ebay also, not just the MS W 06. 70's were in the $200-400 range two months ago and now are approaching $800.
  • 7over87over8 Posts: 4,733 ✭✭✭
    Im glad the 100K rumor is out of the way.

    However, keep in mind there is very little downside pressure on this issue with bullion silver eagles selling for 1.60 over melt, currently around 15.50-15.75 per coin.

    Downside maxed out at 6 bucks per, but I couldn't see these coins - even with an absolute blowout mintage , bringing less that 18-19 per.

    A 2 buck risk per coin. Thats my opinion.


  • << <i>

    << <i>??????? Don't you meant gold?


    I didn't meant gold, I meant silver. 1/2 and 1/4 oz silver seems like a pretty good piggyback on an ASE sellout rumor. Plus, the rumor about fractional gold buffalo coins helps this one seem real, too. >>


    Yes yes! And...

    Don't forget ARS 16-117 which prevents the US mint from raising the price of an issue after it has been announced. The W mintmark eagles have already been announced at $21.95 and with silver approaching $15 an ounce, if they keep buying it, the price to mint them will exceed the selling price and they will be forced to stop! Not only that but with the silver proof presidential dollars the mint is already stressed on silver supply--they exhausted their stockpile years ago and must purchase on the open market! Siver to the moon by June! They were only going to mint 10 million eagles of all types and sith 9 million slated for bullion UNCs and close to 1 million for proofs, what does that leave these West Point rarities!? TO THE MOON! >>




    I don't know if they will be forced to stop. Nobody is stopping them from minting the nickel. The metal content in that coin alone is over 9 cents.
    Luck happens when preparation meets opportunity.
  • If silver does explode in price from here....this rumor could be a truemur before you know it...

    Travis

    --------
    Howdy from Houston...

    Can't keep my eyes
    from the circling skies
    Tongue tied and twisted
    Just an earthbound misfit,
    I


    ">my registry set


    image
  • CaptHenwayCaptHenway Posts: 32,775 ✭✭✭✭✭
    Coin World Online is reporting that the Mint's spokesman told them April 20th that the silver Burnished Unc. pieces will not go on sale this Fraday after all, just the gold, despite the fact that the Mint's website says otherwise.
    TD
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • 7over87over8 Posts: 4,733 ✭✭✭
    may make sense, the USM has not released an official press release. Only for Gold.
  • 7over87over8 Posts: 4,733 ✭✭✭
    something is up again, what is going on over there.....

    USM site now says late May/June for Silver UNC W

    just got pushed this morning by at least one month.
  • 7over87over8 Posts: 4,733 ✭✭✭
    More about ARS 16-117

    Has this officially been announced? Do subscriptions being taken at 21.95 per coin effectively take the place of the "announcement"

  • 7over87over8 Posts: 4,733 ✭✭✭
    subscriptions say "price subject to change"

    so I think were are going to get a price increase.
  • Does that mean that they are going to sell about 2 billion subcriptions for the coin now?

    Adam
  • 7over87over8 Posts: 4,733 ✭✭✭
    who knows......anyone's guess......
  • I would not have subcribed today if I had known they pushed it back soon after. image
  • planetsteveplanetsteve Posts: 1,425 ✭✭✭✭


    << <i>I would not have subcribed today if I had known they pushed it back soon after. image >>



    Why does that upset you? I just subscribed on the chance I might get them a little sooner....
  • Have they sent thewm out earlier before?

    Adam
  • aficionadoaficionado Posts: 2,309 ✭✭✭


    << <i>subscriptions say "price subject to change"

    so I think were are going to get a price increase. >>



    Last year they were $19.95, this year they are $21.95, already a 10% increase.


  • 7over87over8 Posts: 4,733 ✭✭✭
    how about another 10%, who knows
  • Subscription prices are subject to change obviously because they intend to make these for years down the road--and you won't be getting these for $19.95 in 2020. But I don't think they're going to raise the price in 2007 beyond what they already have.

    BTW, my previous post was all BS.

  • There is NO LIMIT to the 2007 uncirculated Silver Eagles.
  • pf70collectorpf70collector Posts: 6,750 ✭✭✭
    You can always cancel your subscriptions. There is no fee involved for this.


  • << <i>There is NO LIMIT to the 2007 uncirculated Silver Eagles. >>



    You are correct. But there was also no limit on the mintage of 2006-W silver eagles.
    I heard they were making a French version of Medal of Honor. I wonder how many hotkeys it'll have for "surrender."
  • TexastTexast Posts: 1,899 ✭✭✭✭
    The Mint is clearly the true definition of SNAFU
    On BS&T Now: Nothing.
    Fighting the Fight for 11 Years with the big "C" - Never Ever Give Up!
    Member PCGS Open Forum board 2002 - 2006 (closed end of 2006) Current board since 2006 Successful trades with many members, over the past two decades, never a bad deal.


  • << <i>There is NO LIMIT to the 2007 uncirculated Silver Eagles. >>



    There was also "no limit" on the 2006 silver, gold, and plat issues...
    EAC member since 2011, one third of the way through my 1793 large cent type set

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