25th Anniversary Silver Eagle Set PRICE WATCH

Discussion in 'Bullion Investing' started by Danr, Oct 30, 2011.

  1. Speedie

    Speedie New Member

    Clearly you flunked Guanomics 101. Let me 'splain it for you:

    The 250,000 mintage 2006 sold out in 2 weeks with no household limit and 5+ years later sells for more than 4x spot (3 coins at $30 each = $90 versus $375-400 for the set)

    The 100,000 mintage 2011 sold out in 5 hours with a 5 per household limit, but will sell in a few years for spot + 5% (his/her words)

    Just take this "conventional" graph, invert the Y axis, and then you'll understand Guanomics 101.

    supply-demand.png
     
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  3. Clint

    Clint Member

    that's some funny stuff right there.
     
  4. Vess1

    Vess1 CT SP VIP

    Why do people still want to debate about this set. This has been hashed and rehashed for months. At what point do we get to declare a winner? Is there a point in time when we can declare one side or the other wins? What price level determines a winner?

    It seems the naysayers still aren't believers that the 2006 20th was a hit and is still in demand. So I guess it will be at least over 6 years before anything is settled on the 25th set. If ever.
     
  5. Guano

    Guano New Member

    A fast sellout is a minus for collectability, its a great indication that 99.9% of the sets will be well preserved...You can walk into any coin shop now and find a 20 anv set with fingerprints all over the coins and the box damaged, I doubt that will ever be the case with the 25th ave set.
     
  6. Duke Kavanaugh

    Duke Kavanaugh The Big Coin Hunter

    That's a bunch of PURE BAT GUANO
     
  7. alldrr5

    alldrr5 Member

    The 20th anniversary set went on sell Aug. 30, 2006 and took 2 1/2 months to sell out. There was a mintage cap of 250,000 and a "ten per household" ordering limit in place.

    Not two weeks and no limit as Guano posted earlier. Nor a matterof days as CamaroDMD states.


    The final mintage figures after returns, cancellations, etc. came to 248,875 sets
    produced/released.

    These 25th anniversary sets may decline some more but are not even close to what they are going to be selling for in a year or two after prices turn & rise steadly. Especially sets still sealed in original mint shipping boxes!!

    CHEERS
     
  8. fatima

    fatima Junior Member

    If you guys want to use the 20th Anniversary Set as a guage on what the 25th set will do, then it's clear you will end up with one valuable coin in the set, the RP, and a bunch of bullion. This is the ONLY conclusion you can make from the 20th anniversary set. Oh and that prices on the 20th RP coin are 50% less than their highs of a couple of years ago.
     
  9. Tallon

    Tallon Fellow Member

    I've been reading for a couple of months now, mostly from the same people, that these sets are going to crash and burn. I have an observation. First let me say, I have no axe to grind on this subject. I purchased my five sets and sent them in for grading (the first time I've ever had a coin graded.) I have just finished selling off what I needed to to recover my investment, all of it. That means I included the coins, the grading fees, NGC membership fee, shipping, eBay fees, PayPal fees, capital gains liability, etc. What I'm left with is a $27. profit and three MS/PF70 sets which I'm going to hold on to for a while. My net investment in those three sets is zero, so I will make a profit on this "bunch of bullion" even if they drop to below spot and spot goes back to $6. per oz., neither of which is likely.

    My observation is that since the first couple of weeks when there was no supply and the prices spiked, these sets and individual coin's prices have been remarkably stable. The market has been able to absorb periods of 1400+ listings and weeks of 900 - 1000 listings on eBay. The demand appears to be very strong. Either way, I know the 25th Anniversary set is one of the best investments I've ever made.
     
  10. JJK78

    JJK78 Member


    Excellent points made - :welcome: to Cointalk!
     
  11. fatima

    fatima Junior Member

    Interestingly, there is apparently a mention in the 2011 US Mint Annual Report that says a 2012-S Uncirculated Silver Eagle will be produced. If true, this will not be good for expected prices for the S marked eagle in the 25th anniversary set.
     
  12. medoraman

    medoraman Well-Known Member

    Why? Unless the mintage will be sub 100k I don't see why it would affect the price. A 2012 S mint ASE with a mintage of half a million or whatever has no bearing on a 2011 issue with a 100k mintage. Did the 1915d cent mintage lower the value of the 14d somehow?
     
  13. saltysam-1

    saltysam-1 Junior Member

    I don't think it will ruin the collectabilty for the 2011-S. It will loose a little of the uniqueness it had, but it will still be the first ever issued. The backlash to this could make the Reverse Proof even more desirable than it already is, so the net effect could be a wash on the sets' over all value.
     
  14. fatima

    fatima Junior Member

    Numismatic value is a matter of the mind. Now you can own a S-mint coin without being limited to the 2011 coin. Surly you must acknowledge this as it's been repeatedly stated over and over in this topic as a justification for stratospheric premiums since it is the only time you can get a S marked coin. Now the premiums will be nominal for a collector's Eagle.

    As it stands now, the only unique coin in this set, which will justify high premiums, is the RP.
     
  15. Tallon

    Tallon Fellow Member

    Yes, it looks like the 2012S Unc. is a done deal and they'll probably sell 200,000 -300,000 of them. The production numbers for the 2011W Unc. is 233,465 and counting, a lot more than the 100,000 2011S.

    I’m not sure the Mint could have done anything to make the 2011S more valuable down the road than to make it the first in a new collectible series, only available in a limited edition set. On top of that, many if not most of the 100,000 2011S will always remain in sets and never be available individually.


    I think five years from now, an S Silver Eagle collector will be hard pressed to pick up a first in series 2011S at bargain prices.
     
  16. Clint

    Clint Member

    I think there's some truth in there, in the grand scheme of things.
     
  17. Irish2Ice

    Irish2Ice Member

    I don't understand the masses that seem to be trying to drive down the numismatic value of this set. The mint set a record by selling 39.8 MILLION American Eagles in 2011. I am pretty sure for YEARS to come, there will be 100,000 collectors out there looking to get their complete set.........
     
  18. fatima

    fatima Junior Member

    If you are referring to this topic, the rationale for the discussion on what the future numismatic price appreciation of the set might be, which BTW is the purpose of this topic, was clearly explained. If recommend addressing the points made in the topic if you don't understand something.
     
  19. Irish2Ice

    Irish2Ice Member

    Instead of trying to sound smart, try reading a little more. It was a rhetorical question that quite obviously make a point afterward.

    BTW, "the rationale for the discussion....and "purpose of this topic" makes you sound like a edited. None of this is complicated. Just saying.
     
  20. fatima

    fatima Junior Member

    I haven't called anyone a edited because I disagree with what they said. Sorry you feel that way.
     
  21. Irish2Ice

    Irish2Ice Member

    Wow, you really don't read thoroughly do you? I haven't disagreed with anyone OR called them a edited.......
     
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