2008 ASE with the 2007 reverse.....Overrated?

which country dont tell me us coins they are available for $300 or less easy

 

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It's a neat and easily identified variety. I didn't get one in the batch I purchased. If I did, I would keep it, but I wouldn't pay up for one. Does anyone know if there is a good estimate of how many were produced?

 

That extra 0 was a finger slip.


I will say.

 

46,318 was provided to an individual under the freedom of information thing. Think this is about as good of an estimate as one will ever get. Some say many were pulled from the shelves and never shipped, others say all were shipped , who knows.

I think the two biggie TPG has made these coins part of their registry set, not real sure about this. Anyhow prices have seemed, to me, to have remained surprisely strong after a brief dip in prices. Still they will have to stand the test of time.

PCGS price guide , from what I have read has the First strikes 70 listed at something like $2,500. The non first strike is somewhere around $2,000. I am to old , tired , hungry and want to get ready for the zombie movie to look it up. It is really amazing to me at the price difference since on could probably slab all these coins as first day stikes since all of them were squish out the first day.

 

Robert Chambers at ShopNBC.com is selling MS70 for over $1400, and MS60 for over $800! http://www.shopnbc.com/product/?familyid=V50206&storeid=1&track=-20101&page=LIST&free_text=silver%20eagles&cm_re=SearchList-_-N-_-N

 

I wouldn't mind having one just to have, but I'd never pay a premium for it. Guess that means I'll never own one. $300 for a modern bullion coin worth $20 is the deffinition of overrated in my opinion.
Guy~

 

$300 where where?

 

:mouth:

 

Deleted!

 

You can edit that. Just click "Edit" below your post, highlight the part that are your words and drag it outside the quote brackets.

 

When i edited the message, the entire blue box disappeared.

 

Have been collecting for over 40 years. I can tell you from personal experience that dealers were saying the same thing about the 1955 double date Lincoln, over-rated and over-priced. Back then that series was popular like uncirculated Silver Eagles are today. Bought an uncirculated coin one week for $250 and sold it for $450 the next week, and that was a lot of money back then, but collectors who could afford it had to have one.

I believe the 2008 ASE with the 2007 reverse has a very bright future, and a considerable upside potential. If anyone has ben following the prices, they are continuing to move upward, especially the slabbed coins from NGC and PCGS.

Coin World has advised me that they are going to list the variety prices in their Coin Values, and there is a very strong likelihood that the 2010 Red Book will also include it.

So here we have a major coin variety with a total announced mintage of 46,000, all of which may or may not have left the Mint, but that is a whole other subject.

Enough said ... only time will tell.

 

Recently I've had a lot of time to browse around the net and read a lot of postings. I am seeing a lot of indications that moderns are becoming more and more popular. The "oh poo poo on anything minted after the war" crowd is buying rations and heading for the hills.

It appears as if investing in modern "rarities" is becoming almost as well accepted as old men hoarding rolls of key and semi-key dates from 19th century series.

 

If you are collector of a particular coin series, then you want to have all of the dates and certainly not be missing one of the key coins if you can possibly afford it.

 

Good analysis. You are probably correct.

 

Not to bring up an old thread, but I really like what you have to say about this, and I have to agree. Anyone have any recent info to add?

 

What is the distinguishing factor in 07 reverse and the 08 reverse. A photo would be nice. Thank you

 

Notice the "U" in united, the "1" in 1 0z. and the size of the stars.

 

Thank you sir, I noticed the stars right off. Very nice photo.

 

Is it odd that they would need to make a new reverse die for this? Only the date in the obverse would change from one year to the next.