2011 25th Anniversary Silver Eagle Set

Look for much loonyness on the mint web site this coming Thursday. Hang tough. Don't give up. Keep at it. Persevere and the product will be yours.......

 

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I think part of it is everybody just wants to join the fray on Thursday to be part of it for entertainment. For your time, you'll be rewarded with a nice limited set, straight from the mint that has the possibility of appreciating significantly over the years. And it is the 25th anniversary. An interesting mile stone. For others, they'll need it for their registry sets. Others just want as many as they can get to break up and grade. While many others get sent in in the original boxes to be graded.

To look at it another way, if 10k dealers/people on Earth plan on ordering 5 sets, that leaves 50k for the rest of us. If 20k people/dealers, businesses on Earth think they're going to order just 5 sets, there will be a lot of people out of luck. As someone else stated, there are many dealers who are vying to get many more than 5 sets themselves.
Then we know we'll have to compete with the mail order companies. Well, you don't have to but if you want a set at what will probably be the cheapest they'll be available.

By the way, when the Iphone 4S came out, some people paid over $1500+ to get a 32 GB. You can get the same phone on Verizon for $200 with a plan. If somebody's willing to pay, there's going to be people willing to sell. I would imagine a lot of collectors will be at work when they go on sale. Many are probably willing to risk the current premiums now than after their sold out and you're completely at the secondary market's mercy.

 

Old retired guys will be hovering and lurking Vess...... No blasted, secondary, bloody market for this pilgrim.......

 

The mint should create a movie about this release. Since it is being released at mid-day, they could call it "High Noon". Everyone meets at the internet cafe and guns for the last remaining set. The winner is the last man (or woman) standing. I'm in for the fun! It will be 9:30 PM on Diwali Thursday in India. The fireworks have just begun.

 

How's things in Chenango Phill?

Mud in the basement in Delaware, though I've done a ton o' cleaning in that respect........

 

http://www.ebay.com/itm/2011-Silver...ultDomain_0&hash=item415e96d438#ht_720wt_1398

not much of a premium here. after all the fee''s

 

ASE'S are becoming a volatile market. just like precious metals !

 

Only around $40 in fees (eBay & PayPal) on that amount and $8-$10 to ship the items... so they're still getting an $80+ profit per set (a 25%+ profit) for very little effort. I say that's a decent premium, even after all of the fees.

 

the real money will come from PF70'S

 

I agree !

 

strategy: phone and internet simultaneously

 

I am going to try to order online. then call to confirm order. hope it works.

 

If one was so inclined, they could make a lot of money right now by scamming with eBay customer service, the presale is 30 days max. plus shipping time. If the mint does not ship them until a month after the sale, Nov. 27, and some of these people on eBay, like the sale above have an estimated delivery of Dec. 1 at the latest. The scammer could ask a few times when the set would arrive and then once the set is confirmed as shipped, open a case with eBay and escalate it to Customer Service, who would issue a refund for the set not arriving by Dec. 5, since the eBay seller had to re-ship it. This is quite possible, just warning you guys if you are planning on reselling right now.

 

Another thing to remember about the Ebay pre-sales, is that they can afford to sell the sets making only a little bit of money because they are going to cherry pick all of the sets they get, keep everything that could be an MS/PF70 and ship the crap to unsuspecting Ebay purchasers who think they are getting a set straight from the mint, which they are, only someone else has had first crack at it.

The first actual sets that sell on Ebay will go for stupid money then things will settle down and the big winners will be the 70's, that is where the pre-sale flippers will win. Who cares if they only make $50 a set off the first few sets, when they start selling sets of 70's for $1000+ is when they make their money....

 

[shakes his head and slowly walks away]

 

This is impossible to do, since the TPGs are only going to accept unopened boxes from the mint to get the proper labels. They aren't going to grade an opened box. So you wouldn't know if you were sending the TPG a perfect set or one with spots. Its all your risk. But chances are pretty good that if you send 5+ sets in, there's bound to be some PF 70s coming back.

 

Go with the cheap shipping from the mint. Then ebay fees with paypal will be 12%. I think after shipping you'd still have $50 or more left over per set. I'm interested to see what the prices do once everybody has them in hand, with Christmas right around the corner. Big difference between that and what we're seeing now. Of course, if ebay becomes flooded, it could drive prices down, depending on the demand. I still wouldn't believe they'd go cheaper than the mint issue price because then, what's the point? Unless a bunch of people become desperate to recoup their money when sales don't go as high as expected.

I don't know if the game will be worth playing or not.

 

Yup. Besides, everyone that orders these is gonna get an automatic shipping upgrade to UPS next day air........

 

So if you send all 5 unopened sets in to be graded, that would be 25 ASE's. Could you just ask for the "s" mintmarks & the Reverse Proofs to be graded ?

 

All this fuss over the set made me want one .. or two

Long term investment, how much do you think it will worth in 20 or 25 years?