Thread: 25th Anniversary Silver Eagle Set PRICE WATCH

Number of sets sold, ungraded:

Average daily price, ungraded:

Number of sets sold, graded:

Average daily price, graded:

premium for pcgs 70 set over ngc 70 set:

Thanks Steven, that confirms what we have been speculating on lately. Prices seem to be flat on 69 sets, but both ungraded and 70 sets have seen a mild increase in the last couple of weeks. This also coincides with the drop in sets being sold. It was talked about many times that this would happen once the market shook out a little. In my opinion we have found the floor for these.

Saw couple sealed sets now going for $650 on the bay and couple unsuccessful auctions for opened sets with bin of $650.

Old man on Pawn Stars tonight "If it's new and sold as a collectible it will never be worth anything"

Originally Posted by Guano

Old man on Pawn Stars tonight "If it's new and sold as a collectible it will never be worth anything"

Since you have such a scholarly source for your information, coupled with your ongoing derision for these sets, I guess I will just put all of my mint sets, proof silver eagles, commemoratives, and this silver eagle set out on the curb and let somebody else have them since "they will never be worth anything". I think that there are enough positive examples to prove this wrong that I won't even bother to list any, since I know you don't retort using real facts anyway.

^It's context. The old guy is referring to numismatic value, not scrap value. Real collectibles were never that when they were first sold. It's always worth the silver in it. The box they came in are worth a few bucks too.

Originally Posted by Guano

Old man on Pawn Stars tonight "If it's new and sold as a collectible it will never be worth anything"

it is very clear what he meant by that (we have all seen the collector plates and such), and it obviously does not apply to the 2011 silver eagle set (d'oh).

Right. I watched him describe the worth of a 1999 "collectible" doll.

Originally Posted by Danr

it is very clear what he meant by that (we have all seen the collector plates and such), and it obviously does not apply to the 2011 silver eagle set (d'oh).

Agreed. The modern silver eagle set has a very limited production. Even if every set remained in perfect condition...I think the value would still be there. Plus, there have been modern mint products that have remained collectible. I think his statement is normally true, but not always.

Originally Posted by CamaroDMD

Agreed. The modern silver eagle set has a very limited production. Even if every set remained in perfect condition...I think the value would still be there. Plus, there have been modern mint products that have remained collectible. I think his statement is normally true, but not always.

I agree. In general I agree with the statement, its the reason modern baseball cards collapsed in value, too many made as "collectibles", and not nearly enough disappeared through normal "kid destruction" like the older ones. Beanie babies, collector plates, dolls, etc. So in general its a good statement.

However, things like Roman medallions, (today worth tens of thousands), were made to be collected. There are special coin runs, special proofs, etc that were made over the last few hundred years that are also very collectible and valuable. What the original statement is inferring is supply will always be greater than demand. If that is not the case, if magically today we had 100 times the amount of beanie baby collectors then their prices would not have collapsed. I am not sure if 100,000 of these sets will be a low enough mintage to ensure these coins will ALWAYS carry a premium, but I think its a low enough number for that to be true for the foreseeable future. I simply do not see at least the two coins with only 100,000 mintages going to bullion value any time soon. Yes, to me 100,000 is a LOT fo coins, since many I collect there may be 500 in existence, but demand is also high on these.

Originally Posted by CamaroDMD

Agreed. The modern silver eagle set has a very limited production. Even if every set remained in perfect condition...I think the value would still be there. Plus, there have been modern mint products that have remained collectible. I think his statement is normally true, but not always.

I don't think I own a single gold or platinum fractional with a mintage of anything near 100k, I think the highest I have is 80k and the lowest 2.5k....No matter how you spin it 100k is a big number regaurdless of demand (speculation and hype)