2012 ASE 2 piece set is scheduled!

Discussion in 'Bullion Investing' started by d.t.menace, Apr 24, 2012.

  1. JakeT

    JakeT Member

    Any word on what the issue price will be? im saving up already anyways XD
     
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  3. Nothing yet. My guess is $119.95. TC
     
  4. statequarterguy

    statequarterguy Love Pucks

    Yep, my mistake, forgot the regular proofs are now made at West Point. So yeah, 2 unique coins!
     
  5. treehugger

    treehugger Well-Known Member

    Are you sure the regular proof can be considered a unique coin given the fact they were struck in San Francisco when the Eagle program first began? I think that may be stretching it.
     
  6. fretboard

    fretboard Defender of Old Coinage!

    Yep, that is really stretching it. I wish I could order a half order meaning, I really only want the double reverse. :D
     
  7. rickmp

    rickmp Frequently flatulent.

    Buy the set, keep the one you want, sell the one you don't want.
     
  8. medoraman

    medoraman Supporter! Supporter

    My crystal ball, (dang thing is usually broken), would say this issue will be above the 100,000 issuance level and lose money on the secondary market. If they repeat the same methodology they will sell less than 100,000 sets, and that one may be worthwhile.

    I know everyone hated the order limit on the 25th set, but seriously, it was the buzz generated from this "low mintage", (never in my life would I believe I would say 100,000 sets of a modern collectible coin is "low"), is the MAIN thing that drove prices higher. I don't think it was a real physical shortage, more perceived "hot item" that drove premiums.

    Sorry, but I would only buy this set to keep if you love the series. I believe it will be a loser long term.

    Just my unsolicited opinion, and accept this advice for the price you paid for it. ;)
     
  9. vonde87

    vonde87 New Member

    wouldn't it be just as unique as a 1995w? Granted the mintage should be a lot more with this coin but only one way to get the coin is in the set.
     
  10. Clint

    Clint Member

    I like to see statements about the undesirability of this set: it's not unique, too many will be minted, too expensive, the presentation box won't open right to left, don't like the colors on the mint's website sales dashboard, reverse proofs are ugly, whatever. Hopefully flippers take it to heart that this set isn't worth the silver it's minted on. Nobody I know would ever want even one of these... :rolleyes:
     
  11. treehugger

    treehugger Well-Known Member

    That's exactly the boat I'm in. My motivation to have it has nothing to do with future value. I am just attracted to it because of the reverse proof. That design and finish really appeals to me.
     
  12. medoraman

    medoraman Supporter! Supporter

    Sweet man! I hope you really enjoy it too, and am glad the mint is making it for you then. Any collector who loves the coin for the coin is already money ahead. My comments were mainly directed at those hoping of a repeat of last year.

    Personally, last year I had a new son so wanted one, but with the limitied mintage was comfortable buying five. This year, if I had another son I would buy one, but I would never buy five like last time. That was my only point.

    Not trying to pee in anyone's wheaties. If you are like Treehugger and like the coins, more power to you, happy collecting, and god bless. You guys collecting new and shiny, I will collect old and dirty.

    Chris
     
  13. green18

    green18 Unknown member Sweet on Commemorative Coins

    ASE collectors are a passionate lot. To those that say nay to the series, I say go bark at the moon.......
     
  14. Clint

    Clint Member

    Yup. I just want one because it's pretty. Those are the only two I cared to look at in the A25 set. As you can probably tell, I'm not a big 2011-S collector (isn't that a "unique" one?)...I'd much rather do "old and dirty" than expensive bullion that looks just like regular bullion.
     
  15. rickmp

    rickmp Frequently flatulent.

    You just made me feel as though I have value. Thanks, Chris.
     
  16. vonde87

    vonde87 New Member

    ill admit i dont see it nearly the profit of the 25th but if it is the price everyone thinks i dont see it losing money the proofs sell for that much per coin (about 60 per coin)
     
  17. statequarterguy

    statequarterguy Love Pucks

    Have to agree - a 2012-s regular proof eagle is a unique coin available only in this set.
     
  18. McBlzr

    McBlzr Sr Professional Collector

  19. goldmember

    goldmember Junior Member

    Wow, lots of heated opinions here. My take is that this is what the Mint does. If all releases were either limited amounts or minted to demand, then they would lose lots of customers. They will mint to demand for a while, then throw a bone to the dealers by doing a limited release. They have been doing it for years, although many times the "limited" mintage is more than actual demand so they never hit it. The A25 was a fluke in that regard.

    I am excited about this release, and will buy somewhere between 2 and 5 sets. I still think the resellers will overbuy, so mintage will be high, maybe around 500k. I don't expect the market to be great, but I am sure there will be some money to be made by the resellers.

    As for the disdain for "flippers", how many of you ever bought a coin and hoped it would LOSE money? Most people don't have the resources to constantly buy, so they sell stuff they are no longer interested in so they can buy more. It is always nice to have it be worth more than you paid for it. For me, I am on a strict budget so these few money-making releases allow me to fund this hobby. It is also part investment for me, as I have had to sell off part of my collection a few times to take care of my family. Remember that not all of us collectors are comfortably retired or independently wealthy.

    Here's to no publicity and low mintage for this release!
     
  20. treehugger

    treehugger Well-Known Member

    For those out-of-touch wackos (like myself) who are so misguided we see the simple enjoyment of the coin rather than its profit-generating ability as our primary motivation for owning it, I submit the following:

    IMAGE5.jpg
     
  21. green18

    green18 Unknown member Sweet on Commemorative Coins

    Here, Here!! :)
     
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