2017 S Silver Eagle on sale 4/4/17

I just wanted one to keep my collection complete. I'm finished with anything modern.

 

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I must've missed this one, 2015 P Silver Eagle MS70 $2499.95

 

Wasn't actually missed. What happened was the mint did them, but it wasn't until a freedom of information act request happened that it was revealed which boxes came from Philly. Had that request not happened the mint would have never said a thing

 

I bought one off of eBay .. so I'm all set. Not very happy, but all set.
Now I have to make sure I get the Limited Set later on in the year to continue my collection of those.

or maybe I'll just buy a puppy instead ...

 

That one is pure gimick. No mint mark on coin = who cares.

 

Really! And, knowing there are unscrupulous people in this hobby, what's to stop them from labeling them as P's if there's enough profit in it. If it can be abused, it will be.

 

My guess is they will go for nice premiums at first then level off to a small premium at best. These (x) monster box eagles aren't considered must haves for complete sets. It is kinda cool to know the box codes now through and I'm guessing that with only 75k struck it was probably only one or maybe two die pairs so in the future they will start identifying and slabbing them using die markers. I could be wrong but I don't see them going for big bucks down the road. That said I've heard some big bullion guys are offering $40k for sealed 2015 monster boxes with the right code. But no mint mark on coin or special finish means many will not care.

 

Yeah and I'll be looking for a 69 anyway so I should find one pretty easily.

 

Exactly whose to say someone didn't just find an old empty case with those specific serial numbers or whatever and refill them with any old that year ASE's. Stuff like this is ridiculous imo unless it can be proven that all coins were minted at that mint. In fact the 65-67 SMS sets we know for a fact were all minted by San Francisco despite having no mint mark, we don't see the TPG's slabbing those with a parenthesis (S). Well sadly we don't see that yet but I'm sure as revenues get slack at some point the option will likely appear on the table to garner all those reslabbing fee's.

 

Second round of sales possible for ‘sold out’ 2017 Congratulations set

http://www.coinworld.com/news/us-co...es-round-possible-for-congratulation-set.html

 

That little ole tiny insignificant "S" Mint Mark...................


SHOULD HAVE TOLD THE US MINT SOMETHING!!


Why is it that their customers have to continually beat this stuff into their heads? Do they have ABSOLUTELY NO IDEA what coin collecting is all about? Are they seriously THAT NAIVE??

 

AND folks have been successfully placing orders at around 7:30am ET from the US Mint web page on a regular basis.

As orders get cancelled, they get put up on the web page from what I understand.

As for the quick sell out?

I have cards that have $15,000 limits and, had I been paying attention, done some quick calculations, been set up and ready to go at 9:00am PT, and ordered 250 of these which, I'm sure that some of the big boys did. Sell each at double my price and turn a quick $14,000 profit.

The numbers were all there. Right in front of everybody's faces.
75,000 Limit.
Unique Mintmark.
No Household Limit.

The stage was set before they ever went on sale and ever person that knows how to pull profits from numismatic buyers knew this. They were ready. They were paying attention.

The people that were asleep, was the US Mint. They semm to have quickly forgotten the hoopla raised over the Truman and Eisenhower RP's. The Native American Enhanced Uncirculated Coins. The 2011 Silver Eagle Sets.

They just cannot seem to learn until after this stuff blows up in their faces.

Coulda/Shoulda/Woulda just doesn't cut it after the fact since, once everything is said and done, it's easy-peasy to say what "should" have happened.
The folks that were paying attention, you know, the ones that always seem to pull in big profits, WERE paying attention and were ready.

Of course, this doesn't address the simple collector who only wants to complete a collection at US Mint issue price. To those folks I say, this is the primary reason that one coin will have a higher value than the exact same coin which is no different other than the date. Or the Mint mark. Or the doubling. Or the wrong die being used. Or the wrong coin in the wrong set.

It's what numismatics and coin collecting is all about.

The TRUE value of the 2017-S Proof SAE will only be discovered in another year or so. Prices could drop significantly OR prices could remain where they are.

My bet is that the prices will drop as the current market gets saturated exactly the same way that pothers have dropped. (Remember the Eisenhower C&C Sets? $250 resale out of the gates. Today: $90 is a win for the seller.)

The thing is, buy at what you feel you can afford and blow off the fact that you might be wasting a couple of bucks.

I do believe that the prices will drop since the 2017-S SAE will also be in the Limited Edition Sets which should up the mintages. BUT, since the US Mint has cancelled the Limited Edition Set in the past, I didn't want to take the chance so I bought one on the after market for $112. I can live with the loss just to keep my DANSCO album up to date and who knows, someday $112 might look like a steal. I don't know but what I do know is that It's just not a chance I wanted to take.

 

They wouldn't do it without the boxes being mint sealed still

It can be from the mint records. Its the same as the (S) mint ones just happens to be a surprise that Philly was making any at all

 

As someone who worked in loss prevention for a long time and has seen almost every kind of seal imaginable faked; including locking numerical tagged seals on entire trucks full of merchandise. If you think someone wouldn't be able to fake the cheap strap seals that the mint uses on ASE monster boxes that's incredibly naive. Replicating those doesn't even represent any challenge in faking them or simply replacing coins and resealing the straps. It's literally almost insane the depths to which some people will go to make a quick and easy buck.

 

To what end? It was literally just discovered. The initial seller is clearly trying to get top dollar, those prices will come down and come down a lot. It's the same as the (S) ones, they may have some premium but it very likely will come down a lot unless the 70 percentage is absolutely miserable. But if the TPGs have any doubt they will just reject the box, even if people don't like their grading they are generally gun shy designating new things like that unless absolutely sure

 

Yeah sure we all know the integrity of the TPG's is so great that they are going to reject the 500 qty in submission fee's on that monster box. And reject slabbing those coins that comes in a box that looks strapped sealed with the serial #'s that checks out into a special label with a (P). Especially when so far not a single person could realistically tell whether that coin really came from W or S except based on the lot #'s, which could check out on a fake sealed box very easily.

 

They really don't make much on those. Those are big submitters using bulk submissions. Yes their integrity does outweigh the 1-2k they would make on that

No ones really tried either. One day maybe it would be possible, I don't know but no one has put in the work to determine that for sure. VAMs didn't exist until those guys put in the work so who knows

 

I'm telling you. Only one or two die pairs at best were used to strike a measly 75k coins. Once ones from sealed boxes are studied the die markers will be known and the coins either have them or they don't.

 

Yes because if someone gets a fake box in and the TPG studies those die markers from not really (P) mint coins and then those markers are thought of as being representative of actual (P) mint coins that completely solves the problem. Also the mint has gone on record stating they produce an average of 6,000 ASE's per die set before.

'The United States Mint strives to produce coins of consistently high quality throughout the course of production. Our strict quality controls assure that coins of this caliber are produced from each die set throughout its useful life. Our manufacturing facilities use a die set as long as the quality of resulting coins meets United States Mint standards, and then replace the dies, continually changing sets throughout the production process. For bullion American Eagle and American Buffalo Coins, the United States Mint makes an average of about 6,000 coins from one die set.'

 

They don't learn even then. Otherwise they wouldn't be having it blow up in their face time and time again.