2011 25th Anniversary Silver Eagle Set

Well as many has already stated the mint should have imposed a limit of 1 per household then after a few days raise it to more into they were sure it would sell out then raise it to 5. Maybe the mint will learn something, we can hope right?

 

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They can refuse computer orders. It would take a few extra days to get all orders placed but we have plenty of people looking for work.

Maybe a less fair system would be to have all purchases done by subscription and drawing. That would allow the mint to easily control the number of sets released to the "lucky winners".

 

Look at history of the 20th anniversary sets. They sold for 3 times the purchase price for 6 months. After that the prices began to rise. 13 months after the last sets were mailed by the mint, the prices were 6 times the original. It seems that these hard to get collectibles have no where to go but up in value. It's a matter of waiting out the impatient sellers. It's hard to hold onto these sets when it's so easy to cover all expenses but it's worth it.

 

Steve, all they need to do is use a system like that in place at many websites to prevent spamming and other automated attacks. The type what you see in the graphic image is widely used and seems to be holding up well. Such a simple gate would prevent programmed buying. It wouldn't change anything about the current methods used to overcome the household limits but the current methods are extremely difficult to put a stop to without risking blocking legitimate customers. I honestly don't think that the five set limit was out of line. It was, in retrospect perhaps, but not so going in. Looking at the 2006 20th anniversary set, 250,000 sets took over 2.5 months to sell with a 10 set limit. Come to 2011 with 100,000 sets and a five set limit and figure one month. Double the number of unique coins and figure two weeks. Triple the cost, factor in the economy and put it back at a month. Factor in the increased popularity of physical silver and bring it all the way down to a week. It seems like a reasonable number and a pretty fast sell out that still lets everyone have their chance at some sets. It was way off the mark in hindsight but beforehand it seemed OK to me.

I think I will hold on to my sets for some time. I have five sets, each in its own sealed mint box and will probably open the one that has the least packing material as a Christmas present but just wait on the others.

 

anyone willing to part with 1 set i would be grateful will pay 100.00 over but anything over that well ill wait i have order in process but????? so from a collector to a collector i would be very grateful

 

Yeah, and I want my pension returned to me.

 

You have alot of faith in mankind lol.

 

yea i guess i am stupid to think there is someone out there willing to make a easy 100.00 and still keep the faith that wasn't bought too flip :dead-horse: you are right that is just plain stupid sorry i misguessed some of ya just thought that before anyone sent back sets they would sell too fellow collectors guess they would rather help the mint out ? :foot-mouth: LOL BACK AT YA

 

and before you bark about this there believe it or not some quite a few talking about returning set so look around!

 

hold on to the flaws, I seriously doubt that the mint set any sets aside for returns and replacements. It would be a risky gamble to think you would get any kind of replacement. With that said, you could always sell them at a discount to someone else, so you are helping a fellow collector that didnt get any sets at all. I am sure someone would be happy with a “not so perfect” set versus no set at all. just so you guys understand what i was saying this was on another blog

 

Maybe you didn't realize that prices have been dropping a great deal on this set. It's back to 3X and you have to consider that silver is also a lot more expensive now.

 

`Probably a dumb question - if a set is returned as unsatisfactory will the mint replace it or refund the money?

 

Most likely refund, I doubt they saved any sets, they probably sold all 100k

 

Thanks. That's what I thought.

 

Hey man, take it easy. Flyers is going to hold a contest for a graded set of 69s. He's going to sell them at his cost ($400), to the winner. Probably going to be your best chance for that price. I put a good word in for you.

 

Seems there might be one Samaritan out there........http://www.cointalk.com/t194921/

 

You must have missed my post 1923. I mentioned the fact that there is a time frame where higher prices can be taken advantage of. I also mentioned that the 2006 set is now back to where it was, maybe slightly higher,after initial sales. The prices go up after initial excitement, then a shortage of sets drives it even higher. Next the novalty wears off and the cost balances out. This set, though may hold higher for some time if collectors feel that the San Francisco Uncirculated is the rarest satin finished eagle of all time. Same could be said of the reversed. I, at least, feel that way. I definitely, as a collector and not a dealer, want to have this set badly. The increase of bullion cost, however is well taken.

 

Is or has anyone updating this list? I ordered a set at 5:44 - 38385XXX which fits right in the list. I tried ordering another set and got through at 6:04 - 38389XXX which also fits in the list. This second order though was cancelled by in Mint.

Order Time Status
38325 @ 12:06 Pkg Delivered on 11/10
38326 @ 12:11 Pkg Delivered @ 10:30 on 11/10
38327 @ 12:15 Pkg Delivered on 11/10
38329 @ 12:32 Pkg Delivered on 11/10
38332 @ 12:49 Pkg Delivered on 11/10
38333 @ 12:55 Pkg Delivered on 11/10
38334 @ 1:00 Got notice of ship @ am 11/10
38335 @ 1:03 Got notice of ship @ am 11/10
38336 @ 1:10 Got notice of ship @ am 11/10
38337 @ 1:17 Got notice of ship @ am 11/10
38338 @ 1:23
38341 @ 1:48
38344 @ 1:58
38346 @ 2:14
38355 @ 2:58
38357 @ 3:09
38362 @ 3:34
38365 @ 3:53
38368 @ 4:04
38375 @ 5:09
38383 @ 5:29
38385 @ 5:44 >>>>
38387 @ 5:51
38388 @ 5:59
38389 @ 6:04 CANCELLED
38400 @ 6:?? U.S. Mint cancelled order

screwed up last post, he's update

Read more: 2011 25th Anniversary Silver Eagle Set
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38391 6:11 order in process backordered probably on wait list
38365 3:50 order in process stock and reserved cc pending charge

Read more: http://www.cointalk.com/t190720-124/#ixzz1dbTGzYtV​

 

Order number: 38347XXX @ 2:17pm (ET) Shipping notice 11/11/2011

Tracking >>> Louisville, KY, United States 11/12/2011 1:40 P.M. Departure Scan