2009 uhr double eagle ????

You never know but I wouldn't get carried away with urgency. It very easily could go the other way too. If they slash the price by a couple hundred bucks by the middle of the year, you guys won't be happy.

From what I've heard, this will not be a low mintage coin. We don't know how sales will go or what gold will do in the next 6 months. As we've seen, if the economy gets worse, it doesn't mean gold goes up. All predictions I hear is that the 2009 economy will get worse than 2008. Who's going to be be able to afford to buy these? They could have an abundance of these and poor sales. Which means you could see serious price cuts. If the economy was booming, then I wouldn't make this post.

I'll take my chances and wait. If I miss out on a good deal, it wouldn't be the first time. Personally, I have a feeling the price will come down on these in 2009. Typically the higher the price, the larger the swings can be. With the volatility we've seen, gold could easily drop back to 700. I could see these going for less than 1k by the end of the year.

 

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Today many (if not most) proof dies actually are created from hubs with slightly different designs than the Business strike dies. The 1996, 98, 99, and 2000 Wide AM cents are actually struck using an unfinished proof rev die. The 1999-W 1/10 ad 1/4 oz gold eagles were struck with unfinished proof dies

 

who ws it in 1643 GD? Well if you look at the original proofs of British india coins they dont have the cameo effect or of the portugese india early issues because the technology was not there. the differences that they have mentioned below did not exist during the time of British India or early portugese india. so what you say might have been valid for us and european coins but certainly not for indian coins

Joe there is a reason i dont listen to you. books cant teach one every thing

http://203.76.168.43/India/store/#


here directly from the government of indias website

THE DIFFERENCE BETWEEN PROOF AND UNCIRCULATED COINS

Proof coins are those coins which are very unique from the uncirculated or uncirculated coins in many ways. Proof coins are manufactured under a strict quality norm and under the supervision of the experts.

While minting these coins stringent norms of quality are practiced at every stage.

The uncirculated coins are not of best quality as proof coins. It has no design frosting but ground is mirror polished. The uncirculated coins do not bear Mint Mark (M) like proof coins.

Metal blanks are carefully selected for the proof coins (rejection rate is 70% to 75%). Those with scratches and other imperfection are cleared carefully to remove all the blemishes.

The dies for making proof coins also receive a special polish treatment called ‘Blasting’ resulting in a mirror like surface. Unlike ordinary coins produced by mechanical pressure at the rate of few hundred every minute, Proof coins are struck individually by hydraulic presses. Small details and delicate lines in the picture are brought out in clear cut relief by this method.

The proof coins are carefully handled and are never allowed to come in the contact with other coins, therefore they are struck in a dust free/ proof environment.

Since proof coins are struck and finished individually and require special care in their preparation, these coins are offered by the Mint at a premium price, which is much higher than the actual face value of the coins.

These coins are only issued by the Mint, which produces it. The coins are directly issued to the purchaser by the Mint unlike circulated coins, which are distributed by the Reserve Bank of India. The collectors mostly buy these coins as valued possession for their collections. These coins also have a special alphabetical code minted on these coins stating the Mint of their origin. All these factors make the coins quite exclusive and one of its kind and the coins for connoisseur.

 

http://mintnewsblog.blogspot.com/2009/01/ultra-high-relief-double-eagle-gold.html

The Mint News blog is reporting a limit of one UHR per household plus a SIX to NINE month wait for the coin.

Outrageous, the mint should not sell the coin until they have enough coins.

 

I got my flyer in the mail today from the mint. They sure do want people to buy this coin. It has a lot of info on the flyer, but it is missing one important thing for me at least, the price. Maybe the coin is sold at spot and the extra amount over spot is to buy the fancy wood display case.

 

$1,189.00

http://catalog.usmint.gov/webapp/wc...ctId=14708&langId=-1&parent_category_rn=10112

 

This is exactly the reason why I have been saying get your order in as soon as it comes out.
1. We don't know what the gold blank availability will be and....
2. If it takes six months to process the order, the mint won't charge your account until the coin actually ships so that will give you time to save up, but you will still be in line to get one. Now of course, if you are one of the first people to get your order in, they will probably charge your account sooner seeing as you will be getting your coin sooner, so you may just want to make sure the money will be there just in case.

But that is just my two cents.... personally I hope that none of you buy the coin..... less competition.

 

Same here. I'm definately ordering mine on Thursday! You just know with the economy tanking and it's only getting worst, many will pass on this. You can bet they will have trouble getting planchets in a few months. I don't see more that 5-8,000 being made. I can only hope.

 

What time do the UHRs go on sale on Thursday? Noon Eastern?

 

someday you will understand me i hope. I have been shouting myself hoarse saying that proof coins did not always have the cameo effect and thats how the discussion with joe got started :headbang:

 

if u rebel against the king then it wont be good. a dollar says ill place my order before you

 

Your ON!!! But I want mine to be a US silver dollar. And why are you trying to race me, you have to send it to my house anyway or you will lose it like the FS coins.

And yes Bruce, it is 12pm EST.

And Andrew289 brings up a good point. He is predicting 5-8k of these produced.... and that may not be too far off. If the sale of these goes anything like what the gold buffaloes did, then we are looking at no more than 20k of these made. This will have a smaller mintage than the 06 AGE Rev proof. Heck, all the W buffaloe coins this year have a total mintage less than the 06 AGE rev proof. These can be big time sleeper coins.

 

the us doesnt make silver dollars any more sigh poor joe gold and silver dont have the same collector base uncle Joe

 

The last time I looked, the US still made silver dollars. I believe they called them Silver Eagles.

 

unless you plan to sit on them and fly they are not dollar coins but bullion coins the dollar coins are the golden dollars

 

So what you are saying is that the ASEs have no monetary value and they are worth only what silver is trading at? Try cashing in one of these at your local bank, I bet they only give you a dollar. For that matter, try cashing in a Morgan dollar.... bet they only give you one dollar as well. You can send me one of those if you want..... and I know you have them too. :thumb:

 

What if they go like the first year of the gold buffalo? The 2006 proof. Then you are looking at 300K. The price is higher and the economy is rougher so I would expect sales to be lower than the 300 K, but with the way everyone has been going ga-ga over this chunk of bullion I would be very surprised if the sales were as low as 20K. My guess is at least 100K. People are excited over it, they know it is a one year only issue, sales are being restricted which will only increase the demand for it (think 1999 proof sets), there has been the threat of planchet shortages which will also increase demand, but it is going to be sold for a whole year which will allow plenty of time for people to get up the money to order one.

 

Condor, in my post, I was referring to the 08 buffs. I understand your reference to the 06 buffaloes, but the price of gold was much less back then. Gold was running in the high $600 range. The 06 proof went for $825 from the mint (or around there, can't remember exact price). The 06 Bullion buffs could be purchased for anywhere between $650-800. I bought my 06 buff bullion for exactly $650.

THe price of this set has now nearly doubled. This set is going to be released for a tad under $1200. That is still a big jump from $800 for the first release of the proof buffs.

I would agree that speculation and all the pre-excitement of this coin will probably generate a bit more over 20k production, but I wouldn't be surprised if it doesn't. Everyone thought this years buffs would sky rocket and it didn't happen. I think people are excited about it, but when it comes time to plop down $1200, I think people are going to change their mind really quick.

In the end, only time will tell. Of course, if I'm wrong, I will eat my words.

 

Warmin' up the old high speed Internet connection. Should have better ability to order than I did when I was trying to purchase the Jefferson 1st spouse coins (only had dial up then). That was a real nail biter......