So who's buying the new Enhanced Reverse Proof ASE?

and the Pride Of Two Nations languished for months (on again off again availability) at a mintage of 100,000. A few months in and it was available for days at a time at the mint website. No one was interested. the mintage was to high.

 

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& most were by sellers with very low feedback and/or no coin sales in their seller feedback.

 

Not even close to the same coin program, you are comparing hot apple pie and vanilla ice cream to plain cheese cake. Nothing wrong with cheese cake but nearly as liked as the apple pie and ice cream.

 

The 1995 W was indirectly $999 at issue since you had to buy the gold set to get it. It was cost prohibitive for most people who collected much cheaper silver. This is probability what drives the 1995 W’s price, or at least did.

 

What's the difference ? It's not available because they sold out.

 

Yup, but anybody who really wanted the coin should have realized you could sell the gold coins almost certainly for close to their bullion value if not coin value. Probably recoup over $900 in cost.

 

They don't really switch things to sold out until they're 100% done with it, all return windows closed no more will be sold etc. Right now there's still going to be cancellations from glitched double orders/CC issues etc so they will resell those orders. In this case there's not much of a difference but products minted to demand or with higher mintages can also go unavailable when they run out and are waiting for more inventory

 

Not true. The issue price was way above melt value of the AGE's. I had a check filled out, the envelope sealed and ready to mail. Never sent as I had to question the premium. I still regret not dropping it the mail to this day.

 

$1,800 on Ebay for Monday delivery of a PF70...oooh....and 1st Strike !!!

 

What's the difference? The difference is "unavailable" does not mean "sold out".

There were at least 642 available for sale today, 11/15. My confirmed order numbers can back it up.

 

I still have my Reverse Proof in my bag (shopping cart), when I logon to the mint. I was never able to pay for it, kept getting Oops messages. I am revisiting the site in hopes of being able to checkout! The coin world story mentions that there might be a few that could become available. Fingers crossed.

 

I wonder how many of those will be crooked enough to sell a bill of goods.

 

So you don't think this will follow the value of the 1995W with similar mintage just over 30k?

 

In trajectory, yes. In absolute or relative percentages, no.

Let's see WHERE this thing is trading in a few days/weeks once folks actually get coins in hand.

$1,800 and counting on a PF70 so far.

 

PCGS price guide for a PF70 1995W is at $16,000 I believe, maybe $1800 for this one is a bargain?

 

The 1995 W was included as part of a set. Not all of those silver eagles have been pulled out and individually graded. In this case, we have 30,000 separate “units” that have been issued with an unknown number headed for grading. That could create quite a price difference.

 

Recent sales closer to $11,000. Way off the $30,000 price of 5 years ago.

I expect a similar decline in the price once the coins hit the market. Do I think it ever drops to issue price ? No, but I admit I could be wrong.

For now, this is THE HOT item. In a few years, when you have a security-protected 1st-issue new Silver Eagle, that will be the hot one and let's see who want so pay 200% or 400% or 800% over issue price for the 2019's.

 

I posted this on one of the other ASE rev PF threads and thought it would be just as applicable here.

I cancelled my mint subscriptions about 5 years ago. The outrageous number of minted ASE's coupled with the exhorbitant premium charged has been a recipe for nothing but financial losses with their standard mint issues.

When a low mintage like this one is offered I will jump back into the fray for this single coin. I did, and I got one. If the number offered was enough to accomodate everyone, I don't want it.

With that being said, the mint has lost many of you because of yesterdays offering (or fiasco as you'd like to refer to it). However, the mint has lost many like me years ago because of their bloated numbers. Bottom line, they can't please all the people all the time. They will not try. Letters written (like I did from the other side of the spectrum years ago) will accomplish absolutely nothing other than make you (as it did me) feel better when you hit the send button.

Now onto another note. I don't agree with gaming the system to acquire numerous quantities of an offering limited to one per household. I can understand having two possibly three family or friends attempt to score 1/2/3 of them because you don't know if you or any of your cronies will be succesful getting any. On the other hand you might luck out and score one, two or all three. No problem with me on that front.

What I have a problem with is knowing this community is all up in arms about the perceived fairness of the mints offering and the few blowhards who are voicing their success at scoring 15 or more with the intent to flip, and rubbing it into the faces of those who would have liked just one for their collection. The gloating and bloviating is a telling personality trait that rubs many people the wrong way. You all know who you are and obviously couldn't care less about the way you come across to those who are extremely disappointed. Try a little humility and just go about your business while keeping your mouths shut. No need to pour salt on the glaringly open wounds of those in this fine community.