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2011 Anniversary sets prices stabilizing now

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  • Coins101Coins101 Posts: 2,603 ✭✭✭


    << <i>I have my "70" uncertified set that cost me only $299.95. Most likely, it will stay that way so that I can enjoy them together.image >>



    My slabbed coins look really nice side by side in the mint box also. I do fine it interesting when people look down on slab coins but champion their mint packaged coin, which just happen to be enclosed in plastic. But, I guess you do have the option to pry them out and get your finger prints all over them if you want.
  • OPAOPA Posts: 17,143 ✭✭✭✭✭


    << <i>

    << <i>Prices still dropping in all categories...buying time.image >>



    I don't see them dropping. Just in the last hour there has been a Mercanti and NGC set both sell for $1300+image >>



    All you have to do is: check the completed auctions for...25th Anniversary PCGS ............. (leave out the "set")
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • NotSureNotSure Posts: 2,981 ✭✭✭
    THIS RAW set, eligible for FS designation, is at over $700 now, with a few hours to go. I tend to agree, the strength is coming back, albeit slowly.
    I'll come up with something.
  • dragondragon Posts: 4,548 ✭✭
    <<< but, if he allows me to pick a specific PCGS coin and grade from the 25th Anniv set with a current market value of under $750, I "friendly bet" my pick will outperform ANY US classic coin and grade with a current value of under $750 he selects on a percentage basis over the next 6-12 months. Any US classic coin at all in the wide universe of US classics against my coin pick from the 25th Anniversary set .... and I think I bring the Dragon down if he choses to play Dragon .... want to play? >>>





    I'm not sure that's an apples to apples bet because my experiences tell me that modern coin issues in general are far more volatile than classic ones, and so far these 25th SE sets are a perfect example. image




    Edited to add: .....and thank you for the compliment image
  • OPAOPA Posts: 17,143 ✭✭✭✭✭


    << <i>THIS RAW set, eligible for FS designation, is at over $700 now, with a few hours to go. I tend to agree, the strength is coming back, albeit slowly. >>



    Tell that to the seller who just sold is PCGS 70 FS Mercanti set for $1124

    PCGS 70 set
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • Coins101Coins101 Posts: 2,603 ✭✭✭


    << <i>

    << <i>THIS RAW set, eligible for FS designation, is at over $700 now, with a few hours to go. I tend to agree, the strength is coming back, albeit slowly. >>



    Tell that to the seller who just sold is PCGS 70 FS Mercanti set for $1124

    PCGS 70 set >>



    Poor picture and poor description will slit your throat every time. Someone got a good deal.
  • wondercoinwondercoin Posts: 17,003 ✭✭✭✭✭
    "I'm not sure that's an apples to apples bet because my experiences tell me that modern coin issues in general are far more volatile than classic ones, and so far these 25th SE sets are a perfect example.

    Edited to add: .....and thank you for the compliment"

    Who cares if it is apples to oranges? We could still have plenty of fun with you spending $750 on any classic coin(s) you want and me spending $750 on any 25th Anniv silver coin(s) I want and us seeing who made the most profit in 6-12 months ... no?
    image

    Wondercoin

    edited to add ... I am fine doing it via PM's... our picks can be our little secret!!
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • NotSureNotSure Posts: 2,981 ✭✭✭


    << <i>

    << <i>THIS RAW set, eligible for FS designation, is at over $700 now, with a few hours to go. I tend to agree, the strength is coming back, albeit slowly. >>



    Tell that to the seller who just sold is PCGS 70 FS Mercanti set for $1124

    PCGS 70 set >>




    I totally agree with Coins101. Those images are awful. As packers88 said in the first post of the thread, perhaps the sealed sets WILL show the biggest % increases. Sure looks like it could be the beginning.
    I'll come up with something.
  • BochimanBochiman Posts: 25,556 ✭✭✭✭✭


    << <i>THIS RAW set, eligible for FS designation, is at over $700 now, with a few hours to go. I tend to agree, the strength is coming back, albeit slowly. >>



    Just sold for $788....not too shabby. Certainly not the height, but definitely a sweet price!
    I may have to sell mom's package of 2 sets in 1 box for her soon if the price can rebound a little bit more.

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • dragondragon Posts: 4,548 ✭✭
    <<< Who cares if it is apples to oranges? We could still have plenty of fun with you spending $750 on any classic coin(s) you want and me spending $750 on any 25th Anniv silver coin(s) I want and us seeing who made the most profit in 6-12 months ... no? >>>






    Ok, just to be a sport I'll play. I'll choose $750.00 in generic PCGS MS63 Morgan's and maybe silver spot will soar in the next 6 - 12 months.
  • wondercoinwondercoin Posts: 17,003 ✭✭✭✭✭
    no bullion moves allowed here Dragon. LOL. This was a modern numismatic treasure vs. a classic numismatic treasure challenge. Surely you must kinow of (1) classic coin you think will do great in the next 12 months without a bullion silver move!

    Wondercoin image
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • dragondragon Posts: 4,548 ✭✭
    <<< Surely you must kinow of (1) classic coin you think will do great in the next 12 months without a bullion silver move! >>>







    I'm sorry but I really don't. Remember I'm primarily a toned Morgan dollar collector and don't really follow coin price movements or trends.
  • "Sick em" Mitch.... LOLOL

    Dragon, we love classic (dark side) collectors too.

    Eric
  • image

    image
    Successful BST transactions: clackamas, goldman86, alohagary, rodzm, bigmarty58, Hyperion, segoja, levinll, dmarks
  • OverdateOverdate Posts: 7,160 ✭✭✭✭✭
    << What is a good price for the 2011-S and the 2011-P individually? >>

    Some are going for $275 each or less at the moment. The 2006-P reverse proofs, with 2.5 times the mintage, are selling in the low $200's. The 2011 keys are a *way* better value IMO.

    My Adolph A. Weinman signature :)

  • AbsolutionAbsolution Posts: 336 ✭✭✭
    The P coin used to be more than the S coin, then it reversed. It looks like it reversed back again with the P coin worth more again. o.O





    For the S coin Mercanti:

    $400.00 ish now


    For the S coin Flag:

    $475.00ish now


    I have a feeling the S coin will drop down to $250 - $300 as the stabilization point though.


    For the P coin Mercanti:

    $450.00 ish

    For the P coin Flag:

    $600.00

    Successful BST Transactions with: RMLTM79 (seller), Gerard (seller), bgman (buyer), Coinflip (buyer) | Positive Vendor Transactions/Service with: Stuppler & Company (seller)
  • CCC2010CCC2010 Posts: 1,997 ✭✭✭
    Did our host establish the price guide for the 2011-S MS70 FS? I know they did for the Reverse proof 70's.
    References:Coinsarefun,DerryB,Bloodman,Zubie,Gerard,Skyman,Bestclser1,Lakesammman,Yellowkid,PerryHall,Piecesofme,HTubbs,grote15
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  • JohnMabenJohnMaben Posts: 957 ✭✭✭


    << <i><< What is a good price for the 2011-S and the 2011-P individually? >>

    Some are going for $275 each or less at the moment. The 2006-P reverse proofs, with 2.5 times the mintage, are selling in the low $200's. The 2011 keys are a *way* better value IMO. >>



    That's because the readily available for sale supply is many multiples greater for the 11-P right now, even though the mintage is less. I believe this will change as the 25th stuff gets bought up.

    John

    John Maben
    Pegasus Coin and Jewelry (Brick and Mortar)
    ANA LM, PNG, APMD, FUN, Etc
    800-381-2646

  • CakesCakes Posts: 3,687 ✭✭✭✭✭
    My 2 cents. I bought a box of 5 from mint and sold to a member on the BST. I took those profits and bought a Mercanti 69 set(755) for my 17 year old son and a Mercanti 70(1265) for me....lol. The main reason I did this was we want to be able to take them out and enjoy them whenever we feel like it instead of them staying sealed in a box. I really love the designs and feel they are one of the better mint designs out there.
    Successful coin BST transactions with Gerard and segoja.

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  • OPAOPA Posts: 17,143 ✭✭✭✭✭
    Compared to the Flag Label 70 PCGS graded sets or indiv. coins...the Mercanti ones can be had at a bargain. I wonder how long that will last.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • CasmanCasman Posts: 3,935 ✭✭
    Kinda looks like the sealed Bo5 are going up a bit. Saw a few completed approaching $3,500 and one at $3,710.00. Now sure there's some lower but overall trend looks promising.


    Lastly, if you guys missed my update in my other post...I called the buyer of my buddies box of 5 in which tracking says delivery attempted Dec 7th, notice left....to see if he was going to pick it up from the post office and he indicated in a rather nutty conversation that he already had it, and he then blamed the post office for not getting his signature, and he hinted about doing an item not received claim with paypal.

    In addition, we did an inquiry with USPS and received a PDF letter from the USPS which says "we regret to inform you that we were unable to locate any delivery information in our records regarding your item..."

    The buyer said he'd leave feedback, but so far nothing and the $'s still held per paypal policy for newbie sellers...

  • pf70collectorpf70collector Posts: 6,753 ✭✭✭
    That doesn't sound too good. But couldn't your buddy put in a claim as package never received, since USPS has no delivery information. If the buyer does an item not received claim, and if the package was insured your buddy should get his money back from the USPS. I would contact the postal inspector and state the buyer did receive the package from your conversation with him.
  • CasmanCasman Posts: 3,935 ✭✭


    << <i>That doesn't sound too good. But couldn't your buddy put in a claim as package never received, since USPS has no delivery information. If the buyer does an item not received claim, and if the package was insured your buddy should get his money back from the USPS. I would contact the postal inspector and state the buyer did receive the package from your conversation with him. >>




    Yes, the item was sent fully insured...and I've been in contact with another seller and this buyer has him in the same boat...I'm guessing the buyer also has his box as well.

  • bestdaybestday Posts: 4,242 ✭✭✭✭
    whole sets may be the rare ones in the future.. our coin club has accumulated many of the 2011 s eagles.. even a coin dealer at a local show was selling the 2011 sets minus the S and rev proof
  • pf70collectorpf70collector Posts: 6,753 ✭✭✭
    I see about 50 BINs and Auctions for various size sealed boxes on ebay. Not much. I am sure there are thousands still holding their sealed sets to sell in a less saturated marketplace.
  • Coins101Coins101 Posts: 2,603 ✭✭✭


    << <i>The P coin used to be more than the S coin, then it reversed. It looks like it reversed back again with the P coin worth more again. o.O

    For the S coin Mercanti:

    $400.00 ish now


    For the S coin Flag:

    $475.00ish now


    I have a feeling the S coin will drop down to $250 - $300 as the stabilization point though.


    For the P coin Mercanti:

    $450.00 ish

    For the P coin Flag:

    $600.00 >>



    I assume you are talking about 70 coins???????????????????????????

    All these numbers without details don't mean a whole lot if the grade isn't indicated (and in some instances, the whose plastic they are in).

    I hope the PCGS 70 S coin drops to the $250 - $300 range. Don't stand behind my truck!
  • Can someone tell me why our host, on their price guide, does not list a value for the 2011-S 25th Anniversary Set FS MS 70? They have the 69 listed at $300 but no value for the 70?
    Thanks for any and all explanations.
    "The more you complain, the longer God lets you live".


  • << <i>
    I hope the PCGS 70 S coin drops to the $250 - $300 range. Don't stand behind my truck! >>



    In my opinion there are two chances of that happening. Slim and none and slim just left the building image
    Currently working with nurmaler. Older transactions....circa 2011 BST transactions Gecko109, Segoja, lpinion, Agblox, oldgumballmachineswanted,pragmaticgoat, CharlieC, onlyroosies, timrutnat, ShinyThingsInPM under login lightcycler
  • Coins101Coins101 Posts: 2,603 ✭✭✭


    << <i>

    << <i>
    I hope the PCGS 70 S coin drops to the $250 - $300 range. Don't stand behind my truck! >>



    In my opinion there are two chances of that happening. Slim and none and slim just left the building image >>



    Did slim go out to start his truck or have a smoke? image
  • dragondragon Posts: 4,548 ✭✭
    Why are there so many of the -S- mint and RP coins still available in the marketplace, it makes no sense......no sense at all I tell ya?


    I mean we're supposed to have something like 4.7 trillion silver eagle collectors out there that absolutely MUST have the -S- and RP to have complete collections, a tiny mintage of just 100,000 coins, everyone and his brother with any business sense at all has already maxed out all their CC's, sold their house, cars, children and all personal property in order to hoard as many of the -S- and RP coins in 70 with the correct label, 1000's of speculators have held onto their sealed boxes of 5-sets, all SE collectors worldwide should currently be in a mad scramble to secure their -S- mint and RP coins for their collections at this low, low price, the modern dealers should now be sitting on literal warehouses full of these 2 key coins in both 69 and 70 for the future price explosion, and even people who don't even know what a silver eagle is are probably holding onto sealed boxes at the advice of their coin collecting friends............so why can I still go on Ebay and see 100's upon 100's upon 100's of these coins still for sale, sets in 69, sets in 70, raw, PCGS, NGC, singles, everything??




    And my next question.........why has Heritage been dumping literally hundreds of the Mercanti sets in both 69 and 70 at what seems like bargain basement prices on Ebay over the past couple of weeks? I mean Heritage is the biggest coin dealer and auctioneer out there with very large financial resources and some of the sharpest coin people in the business working there....no? Didn't they get the memo these sets are going up up up in the future and now is the time to be buying and not selling?





  • Dang it. I forgot to cc Heritige when I sent the memo. I'll resend it and copy them now image
    Currently working with nurmaler. Older transactions....circa 2011 BST transactions Gecko109, Segoja, lpinion, Agblox, oldgumballmachineswanted,pragmaticgoat, CharlieC, onlyroosies, timrutnat, ShinyThingsInPM under login lightcycler


  • << <i>Why are there so many of the -S- mint and RP coins still available in the marketplace, it makes no sense......no sense at all I tell ya?


    I mean we're supposed to have something like 4.7 trillion silver eagle collectors out there that absolutely MUST have the -S- and RP to have complete collections, a tiny mintage of just 100,000 coins, everyone and his brother with any business sense at all has already maxed out all their CC's, sold their house, cars, children and all personal property in order to hoard as many of the -S- and RP coins in 70 with the correct label, 1000's of speculators have held onto their sealed boxes of 5-sets, all SE collectors worldwide should currently be in a mad scramble to secure their -S- mint and RP coins for their collections at this low, low price, the modern dealers should now be sitting on literal warehouses full of these 2 key coins in both 69 and 70 for the future price explosion, and even people who don't even know what a silver eagle is are probably holding onto sealed boxes at the advice of their coin collecting friends............so why can I still go on Ebay and see 100's upon 100's upon 100's of these coins still for sale, sets in 69, sets in 70, raw, PCGS, NGC, singles, everything??




    And my next question.........why has Heritage been dumping literally hundreds of the Mercanti sets in both 69 and 70 at what seems like bargain basement prices on Ebay over the past couple of weeks? I mean Heritage is the biggest coin dealer and auctioneer out there with very large financial resources and some of the sharpest coin people in the business working there....no? Didn't they get the memo these sets are going up up up in the future and now is the time to be buying and not selling? >>




    If there is not a significant demand for this type of item then please explain away the success of the 2006 set with 2 less coins, no coins as key, 2.5x the mintage and still selling for 3.5x-4x issue price in raw form 5 years later.
  • @dragon

    Simply love, love, love your opinion, a voice of true contrarian. My two comments:

    - for majority of the people on this board the sets they’re sitting on are free so there is no cost of carry

    - for dealers and resellers – it’s a profit margin. Buy at X, sell at X+Y%, pocket profit and move on to the next.

    - for others who did not get them at the cost - let's wait and see, prices are falling, why buy now?
  • Coins101Coins101 Posts: 2,603 ✭✭✭


    << <i>Why are there so many of the -S- mint and RP coins still available in the marketplace, it makes no sense......no sense at all I tell ya? >>



    Still? Do you really think every set has been graded and everyone who planned on selling a few have already sold them?

    Frankly, it is appears you are just here to stir the pot because you missed the boat. Back to the cave dragon! image
  • wondercoinwondercoin Posts: 17,003 ✭✭✭✭✭
    Remember guys that the 25th anniv set is up more than 100% in the first 45 days already. In fact, if you bought a set from the Mint and kept it sealed in the box for the past month, you are up well over 100% on your purchase. Where else could you park money in the coin biz for the past 45 days and earn a 100% return? Or even a 15%-20% return for that matter? There really isn't too much to "attack" here when it comes to one of (if not) the greatest US Mint products in the past 3 years. I am not looking for a million or two million silver eagle collectors right now. I am just looking at (and studying to learn about) the 100%+ return made by US Mint customers in a matter of 30-45 days on freshly minted coins.
    As always, just my 2 cents.

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • dragondragon Posts: 4,548 ✭✭
    <<< Frankly, it is appears you are just here to stir the pot because you missed the boat. Back to the cave dragon! >>>







    Actually I've sold 8 sealed boxes of 5-sets already at prices ranging from $3025.00 - $3900.00 and made a nice profit for myself as well as made a few friends and family members very happy. I also have a couple left still. In fact, I think I even sold a box or two to Wondercoin.


    I'm not stirring the pot at all, and certainly no more than those who are constantly touting these 25th sets and coins, just a counter viewpoint, is that OK with you?

  • khaysekhayse Posts: 1,336
    Dragon, you are hilarious.

    All this can probably be explained by some people want the guaranteed money now, not the (even likely) prospect of more money later. Now matter how sure I am, I would also be willing to lock in some profit now and take some money off the table.

    -Keith
  • jmski52jmski52 Posts: 23,281 ✭✭✭✭✭
    The economy is not so good right now, and silver is also way off it's highs. In addition, as Mitch points out the set is up over 100% in its first 45 days. Unless the economy keeps getting worse, which it could - this seems to me a reasonably good time to buy the keys. It's a crapshoot, but it's a bet I'm willing to take.

    The 95-W ASE sat at a few hundred for awhile before taking flight. It wouldn't surprise me if these 2 new keys take a few months for the excess to be absorbed. Once that happens, we'll see the true picture.

    The 2006-W and 2007-W AGE fractionals took a few years to absorb into the market. Once they did, they seemed to have tripled in a very short time. Of course, the rise in gold helped with that.

    One mistake I made early on was not to buy the bimetallic Unc 2000-W Library of Congress $10. Every few years, a good coin comes along. This Anniversary Set contains 2 of them, in my opinion.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • Why are businesses dumping sets and not sitting on them? I dunno, businesses are in the business of selling, not waiting 6 months for a possible gain when there are still nice profits to be had at this time. I'd imagine Mitch and MCM, etc are probably stashing a few away but they just can't afford to sit on a large stash---lots of tied-up capital.
    Successful transactions with keepdachange, tizofthe, adriana, wondercoin
  • wondercoinwondercoin Posts: 17,003 ✭✭✭✭✭
    As I said before ... Dragon is one of the smarter numismatists around here. I pay attention to what he has to say (even if he can not find a single classic coin that he believes will outperform these 25th Anniv set coins from here)

    Wondercoin image
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • AbsolutionAbsolution Posts: 336 ✭✭✭


    << <i>

    << <i>The P coin used to be more than the S coin, then it reversed. It looks like it reversed back again with the P coin worth more again. o.O

    For the S coin Mercanti:

    $400.00 ish now


    For the S coin Flag:

    $475.00ish now


    I have a feeling the S coin will drop down to $250 - $300 as the stabilization point though.


    For the P coin Mercanti:

    $450.00 ish

    For the P coin Flag:

    $600.00 >>



    I assume you are talking about 70 coins???????????????????????????

    All these numbers without details don't mean a whole lot if the grade isn't indicated (and in some instances, the whose plastic they are in).

    I hope the PCGS 70 S coin drops to the $250 - $300 range. Don't stand behind my truck! >>




    Sorry, PCGS 70s is what I was talking about for the eBay stabilized price range.
    Successful BST Transactions with: RMLTM79 (seller), Gerard (seller), bgman (buyer), Coinflip (buyer) | Positive Vendor Transactions/Service with: Stuppler & Company (seller)
  • Coins101Coins101 Posts: 2,603 ✭✭✭


    << <i>I'm not stirring the pot at all, and certainly no more than those who are constantly touting these 25th sets and coins, just a counter viewpoint, is that OK with you? >>



    Your counter viewpoint is fine with me. Someone has to be right and someone has to be wrong. I am in the camp hoping you are the one wrong - no offense!

    Cheers
  • shorecollshorecoll Posts: 5,447 ✭✭✭✭✭
    Both viewpoints are correct...they will go down and up...the whole key to this thing is when. If they stay flat for a year, you'll likely see a whole new round of dumping. My guess is they'll begin a nice rise in 6-12 months and be a really decent performer in the 24 month horizon, but there are still 10's of thousands of SETS in private hands and no one can predict what those people will do...and because of the churn caused by all the speculation, you won't see a true picture of the collector market for these for at least 2 years.
    ANA-LM, NBS, EAC
  • Dragon,



    These 2011S coins in MS69 are $200-250 each. I have paid more for common date (1880cc 1881cc 1885cc) Carson City dollars that had higher Government Issue slab numbers than 100,000 coins and that were king of nothing. 1880, 1881 and 1885 Carson dollars are not king of the CC short set and they are not king of the overall Morgan set. So when you can buy a true “S” silver dollar that is rarer than the Carson City dollars and rules a 300 million coin date and mint mark set with an Iron hand I just don’t see how one could be negative. Unless of course you think similar survival rate Morgans are WAY WAY over priced.


    Eric
  • MrBlusterMrBluster Posts: 365 ✭✭✭
    Listings on Ebay have dropped to under a 1000. First time in a couple of weeks This includes sets, singles, and empty OGP.
  • SpeedieSpeedie Posts: 104 ✭✭
    Ok, what am I missing here? Ebay
  • Classof67Classof67 Posts: 1,502 ✭✭✭


    << <i>Ok, what am I missing here? Ebay >>



    Agreed. Wow!image
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  • Coins101Coins101 Posts: 2,603 ✭✭✭


    << <i>Ok, what am I missing here? Ebay >>



    WOW! No eBay bucks and you have to pay shipping. I knew these things were going to go north but not this fast!!! image Where is dragon? image (Sorry - I couldn't resist!!!) image
  • SpeedieSpeedie Posts: 104 ✭✭
    It's not just me then! Would love to be able to contact the underbidder and offer him as many PCGS 70 sets as he wants for the bargain price of just $2,000 each image


  • << <i>It's not just me then! Would love to be able to contact the underbidder and offer him as many PCGS 70 sets as he wants for the bargain price of just $2,000 each image >>




    My best guess is that he angered someone and they are sabotaging his auctionimage

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