PLATINUM 10th Anniversary Sets - On Sale 12-13-07 12:00 Noon
FullStrike
Posts: 4,353 ✭✭✭
Dave Harper just spilled the beans. 
If anyone would know - wouldn't it be Dave?
If anyone would know - wouldn't it be Dave?
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Platinum anniversary set ready on Dec. 13
By David C. Harper
<< <i> Mark Dec. 13 on your calendar. That is when the 10th anniversary platinum American Eagle two-coin set goes on sale at noon Eastern Time on the Mint Web site. Two half-ounce platinum coins are in the set. One is proof and the other a reverse proof. No word on price is available yet. >>
<< <i>Platinum anniversary set ready on Dec. 13
By David C. Harper
<< <i> Mark Dec. 13 on your calendar. That is when the 10th anniversary platinum American Eagle two-coin set goes on sale at noon Eastern Time on the Mint Web site. Two half-ounce platinum coins are in the set. One is proof and the other a reverse proof. No word on price is available yet. >>
>>
I heard only 500 sets.
Get ready, set................
Just kidding.
...and I like beans too!!!
I might be able to squeeze two out of my checking account.
Who is Dave Harper?
<< <i>Two 1/2 ounce coins, so $1500 for the set, + or - a few bucks.
I might be able to squeeze two out of my checking account.
Who is Dave Harper? >>
I'm David Harper
1/2 oz unc's are selling for 830.95 each x 2 = 1662
1/2 oz proofs are selling for 880.95 each x 2 = 1762
my guess is $1795 or $1895 per set
Good thing I don't have to go to work that day
Who is Dave Harper? >>
I'm David Harper
____________
OK -- So Dave, how'd you squeeze that snippet of info out of the vaulted clutches of the mint, and was there any discussion of mintage? This rumor has been raging for about a year...
<< <i>the price will be north of 1500
1/2 oz unc's are selling for 830.95 each x 2 = 1662
1/2 oz proofs are selling for 880.95 each x 2 = 1762
my guess is $1795 or $1895 per set >>
The Mint will price the set to knock off the flippers ..just like the spouse gold.. Your guess will be very close ..maybe to $$ 2,000
<< <i>I think it will be closer to $1000.00 over spot price.Just thinking back at what they charged over spot for the 20th AGE set. >>
I would hope it's not that high but I agree it should be a good premium over melt. Why give maximum profit to all the speculators. If profit is going to be made, why not the US Mint?
Keep your fingers crossed and think lower!
<< <i>I dont know if anybody else may do this, but when and if i do, I plan on putting the reverse proofs(gold,silver,platinum) in a multiholder. >>
why would you put a 250k mint coin with spotting problems in with the gold and plat?
<< <i>There will be 30,000 SETS available.... pass >>
Deep, what makes you think this? Do you have any credible reason? That seems a bit out there, even for the mint...
<< <i>
Jeremy, what's the coin story with that pic? YOWSA
/ed
The Maddy Rae Collection
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The Mint isn't beyond doing something really screwy, but I have to agree with SpaceMonkey.
If they make too many, they will be trying to sell them into 2008, and they really don't want to keep an expensive platinum coin tying up their capital for that long. (Although, they are a government agency, and since when do high expenses bother a government agency?) The more that are made for sale, the less desirable they will be, and the harder they will be to sell out.
If they make too few, it's no big deal - they sell them all quickly, and the hype begins for this coin, plus the next one, too!
From the Mint's point of view, there truly is a mintage sweet spot, and that is why they conduct surveys. I bet that 10,000 is the absolute max.
I knew it would happen.
Looking for reasonable silver lots (rolls or bars preferred). PM me with what you have.
limit production to 5,000 sets.
The Bear has spoken!
Camelot
<< <i>For the 65 people collecting $50 proof platinum coins, this is exciting news! >>
I know both of us collect the $50. You really think there are 63 other people that collect them?
<< <i>
<< <i>
Jeremy, what's the coin story with that pic? YOWSA >>
OT i think it's a piece of a tennis outfit she wore, kinda like the jersey/uniform patches put in collectors cards. i'm sure a card like that would grade high if it had sweat stains on it. i think it's juvenile, but it sells.
on topic...30k will never sell out, maybe they put an extra zero in there by mistake.
I will not be ordering these now.
<< <i>20,000 so much for platinum is rare. LOL
I will not be ordering these now. >>
None here either. 30k and almost 2k.....now that's just Stupid with a capital S. It will never sell out!
<< <i>So much for the Platinum Anniversary Set. The Mint must think we all all prized boobs to be fleeced. >>
Naw. They're just trying to do what most government agencies are trying to do: cover their a$$es.
United States Mint Releases Special Set to Commemorate 10th Anniversary of American Eagle Platinum Coin Program
Set to Include First Platinum Reverse Proof Coin
WASHINGTON - The United States Mint announced today that, beginning December 13, 2007, at 12 noon (ET), it will offer a limited edition, two-coin set to commemorate the 10th anniversary of the American Eagle Platinum Coin Program. Mintage of the American Eagle 10th Anniversary Platinum Coin Set, offered at $1,949.95, is limited to 30,000 sets. Orders will be limited to one set per household. To ensure the broadest and fairest access to this United States Mint product, the order limit will remain in effect for the first seven (7) days of release. Following this initial sales period, the United States Mint will reevaluate and either extend, adjust or lift the limit.
The American Eagle 10th Anniversary Platinum Set will contain one proof coin and one enhanced reverse proof coin, each containing one-half ounce of .9995 platinum. The proof coin features a cameo image floating on a mirror-like background. The enhanced reverse proof coin features a frosted background and a brilliant, mirror-like finish on the raised elements of the coin. This is an enhanced reverse proof version because it is not an exact opposite polish of the regular proof version. The design elements on the enhanced reverse proof platinum coin were strategically selected to feature the proof, mirror-like finish in contrast to frosted background design elements to enhance the entire image.
This is the first time the United States Mint is offering a reverse proof version of the American Eagle Platinum Coin.
Designed and engraved by United States Mint Sculptor-Engraver John Mercanti, the obverse of both coins bear the striking image of Lady Liberty, symbolizing vigilance and resolute faithfulness to duty. Inscriptions are "Liberty," "In God We Trust," "E Pluribus Unum" and "2007." United States Mint American Eagle Platinum Proof Coins have featured this design since their debut in 1997.
The coins' reverse was designed by United States Mint Artistic Infusion Program Master Designer Thomas Cleveland and engraved by United States Mint Medallic Sculptor Phebe Hemphill. Featured on the 2007-dated platinum coins, it is the second design in the three-year series entitled, "The Foundations of American Democracy," and celebrates the Executive Branch of government. The design depicts a bald eagle with its wings spread wide representing freedom, with a shield at the ready to enforce the laws that guarantee those freedoms. Inscriptions on the reverse are "1/2 oz.," ".9995 platinum," "$50," "The United States of America," and "Freedom." The reverse also carries the "W" mintmark denoting production at the United States Mint at West Point.
The American Eagle 10th Anniversary Platinum Set is presented in an elegant hardwood box with a mahogany finish and adorned with a silver foil on the domed lid. The box is highly lacquered, rubbed and buffed to a gloss finish. The coins are exhibited on a specially designed wood platform angled to display the coins when the box is opened. Each set is accompanied by a Certificate of Authenticity.
The United States Mint will receive orders for the American Eagle 10th Anniversary Platinum Set at its secure Web site, www.usmint.gov, or at the toll-free number, 1-800-USA-MINT (872-6468). Hearing- and speech-impaired customers with TTY equipment may place their orders by calling 1-888-321-MINT (6468) 8:30 a.m. to 5:00 p.m. (ET), Monday through Friday.
Customers who are paying by credit card should ensure that their credit card information remains current to avoid order processing delays. Credit cards that expire before an order is shipped will be cancelled. To update credit card information after an order has been placed, customers should call 1-800-USA-MINT (872-6468).
Note: To ensure that all members of the public have fair and equal access to United States Mint products, any order placed prior to the official on-sale date and time (December 13, 2007, 12:00 Noon ET) shall not be deemed accepted by the United States Mint and will not be honored.
Contact: Press inquiries: Michael White (202) 354-7222
Customer Service information: (800) USA MINT (872-6468)
Mint Link
Boy this announcement's disappointing!
The mint must take all of us for fools with a 30,000 mintage on this set.
There just isn't that large a collector base for the platinum bullion series.
Between spewing out far too many FirstHags and this now, they are overboard in my opinion.
They look a lot more like the Franklin Mint than the U.S. Mint to me,
and they are killing the goose that laid the golden egg.
eBay listings
Looks like a $2000 suckers bet.
<< <i>Looks like a $2000 suckers bet. >>
Hehe - I'm in
Hoping for little demand from flippers and a short run.
Looking for reasonable silver lots (rolls or bars preferred). PM me with what you have.
<< <i>Ah, my thousandth post.
Boy this announcement's disappointing!
The mint must take all of us for fools with a 30,000 mintage on this set.
There just isn't that large a collector base for the platinum bullion series.
Between spewing out far too many FirstHags and this now, they are overboard in my opinion.
They look a lot more like the Franklin Mint than the U.S. Mint to me,
and they are killing the goose that laid the golden egg. >>
Please enter me in you 1000 post giveaway of one of the 10th anniversary platinum sets. You are as generous as SaintGuru when he gave away that Saint!!!
(Just think of city streets clogged with a hundred thousand horses each generating 15 lbs of manure every day...)