anyone who would buy a 25th Anv ASE set is INSANE?

I'll just sit back and watch the action. I don't own a set and have no plans to buy a set at these prices. Not that I wouldn't like to have one, it's just they passed the threshold of value I'm willing to spend on modern issues. They have also priced themselves out of the YN and basic collector market as well. Call it what you like, but they have become an investment item more than a collector item. My attention can now go elsewhere.

 

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Buying the set is not insane, but taking these coins out of there original packaging and paying big dollars to have another so-called coin expert grade them, now thats insane. If these coins are like the rest of the collectibles market, I forsee sets in there original packing actually bringing a premium.

The grading companies must be laughing all the way to the banks.

Extraordinary Popular Delusions and the Madness of Crowds by Charles Mackay

 

It's not like other collectibles. A coin can't be graded better than 70, so the sealed box will be worth less than those already graded. Especially if the hobby continues in its current direction where the labels are more prized than the actual coins.

 

So if the labels are more prized than the actual coins so should my mint sealed box. Why pay for grading when 24 out of 25 are 70s?

 

Maybe because this box is the 1 out of 25 without any 70's?

 

More realistic figure is 5 to 12 are 70, out of 25.

 

Your statement applies to a certain segment of collectors but there are those who are not hung up on whether something is 1 point better or worse.
I see it everday in the sportscard market, collectors paying hundreds of dollars extra for something that is graded a 10 instead of a 9 because a so called expert says so. This is why I don't collect graded items. I don't get satisfaction from the fact I have the highest graded set possible simply because I am very wealthy and can afford to do so.

 

And those odds will increase the value of the sealed box without having to pay for the grading. The reports are just now coming in. The first was actually 24 70s. So what's special about a common grade? I'm sitting on my sealed box, and will enjoy my ebay purchase.
This 25th has made me into a collector and investor. My junk purchases are over.

 

I agree the top dollar will always be for the graded 70s set with the original packaging from mint

 

It's not just the number grade. It's the First Strike too. And now PCGS has convinced some people that a common Silver Eagle is somehow special because it sat in a box and shared air with the rare Reverse Proof and S-Mint coins (and it can get labeled First Strike even though they've been minting and selling those common coins for months by now.

The 25th Set really opened my eyes to the nonsense and the direction the corporations want this hobby to take.

 

Lots of posting of grades received on other sites. Consensus now, is a sealed box of 25 will NOT produce a 70 in each of the 5 coins! Means sealed box of 25 ain't so great as when people wrongly thought 50% of all 25 coins were 70.

 

This is why I steered clear of this set. It costs an arm and a leg to get 2 exclusive coins and 3 coins you can get somewhere else for much cheaper. The mint is making a killing on this. If I'm going to overpay I'd rather have a unique Perth lunar design than an ASE that looks like every other ASE except for the hue or the mint mark.

 

Let's be honest, the "corporations" only go where the people (ie - money) takes them. If there were no demand for such products they would go away. So don't blame the TPG's for this, blame your fellow "collectors" who are driving this phenomena.

 

Yep, why buy this set when 2 of the coins are worth what the entire set itself cost - each &the other three coins + box are worth 2/3 of the cost of the set... when you can pay $100 for a lunar ounce, then get offered $50 when you attempt to sell it to a dealer.

 

I disagree. It's marketing. It's like when a kid sees a commercial for some stupid toy or breakfast cereal during the Saturday morning cartoons.

 

Yes indeed. I'm reminded of the stories about the Klondike gold rush. The ones who ended up with the gold beyond the few that got in first, were the prostitutes and the people selling "mining camp setups".

 

I'm sensing some sarcasm Well I buy my lunar ounces at $50-80 and if I were going to sell them I would sell them for double on eBay. Technically whether its a lunar or a reverse proof the worth is still only spot value. Any additional money you can get is only because somebody is willing to pay more than it's worth. The whole point is for collecting purposes anyway. Anybody who wants to retain their value shouldn't be buying numismatics in the first place.

 

Hey man atleast my great, great, great, great Grandma got some gold out of it!

 

We will assume your grandma was selling mining camp setups and leave it at that.

 

Original mint packaging

I would think there are some on here who may have an educated guess as to how many of the american eagle 25 th ann. Sets are likely to remain in the original packaging. Also how many of the 2009 UHR do you
Think are still in the packaging? I would guess maybe 50% or less.

On that same note, wouldn't it make the balance of those in the original packaging more valuable someday?

Lack