Finally got my V75 American Silver Eagle!

I think that’s a speck of dust on the holder.

 

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I didn't realize the mint sold the 1/2 ounce with the privy mark. You must be talking about the regular 1/2 oz gold eagle.

 

No privy mark, you are correct. BUT, it is limited to 7,000, and does commemorate the end of WWII

https://www.usmint.gov/news/inside-...es-the-anniversary-of-the-end-of-world-war-ii

 

Ok, I thought you were talking about the other, this one is a medal not a coin. But I do like the design.

 

It says $25 on it.

 

Congrats. Glad you got one. A fast PC is the key, or some programming knowledge and a bot.
Mine is still sitting in my shopping cart, along with the message "this item in no longer available".

 

I got mine last Saturday.

 

Two weeks later . . . nada. Someday?

 

Well if any one wants one go to L & C's Webb site they have them from $590.00 to $940.00 depending on what STICKER is in the slab. Its interesting that they are advertising 8 in PCGS slabs today. That may even mean they have more than 8 in stock. Pretty quick turn around from PCGS too!!!

So much for one per customer. Ha Ha Sure!!!

 

They either did express or higher grading tier. There are tiers where you can get it turned around in a day if you want to pay the fee

Do you realize they buy them from people on the after market or their employees? No one was able to individually order more than 1 from the mint.

 

I agree. I'm sure the bigger companies have many resources available to get more than 1.

 

I do realize they buy from other people but, I'm also sure that most of those other people are either employees or people they already agreed to buy from. The mint just keeps screwing the average collector. If they cared they should have put no mintage limit and sell them until the end of the year. They did the same thing with the Mayflower coins this week. They even made it worse by changing the time of day they planned the sell them. People on the west coast would have to get up at 5:30am to get a chance to buy one. I live on the east coast and didn't realize they changed the time of the sale to 9am.

 

Are they suposeed to deny people saying they think they would resell it?

 

My American GOLD Eagle V75 is still in my shopping cart too with that message.

I agree a fast computer & fast Internet helps a lot.

Im running a computer I spend almost $4,000 on with a 8700K + 2080 Ti + 970 Evo Plus NVMe SSD & 32 GB of RAM and I feel like it gave me a huge advantage.

Although not enough of an advantage to beat the bots for the gold one.

 

No mintage limit is a bad idea because then nothing ever becomes collectible just due to the fact that there are SO many of them out there.

Take a look at bronze & silver Roman coins for example. They’re over 2000 years old and still only worth like $50 each because so freaking many of them were made.

I recommend anyone who wants a no mintage limit just buy a regular 2020 proof since those don’t have a limit and are easy to get.

 

Congratulations on getting that coin. is it headed to PCGS, NGC,...?

 

That's not necessarily true. The value is based on supply and demand...not just supply. If the coin is popular enough it will always hold value even if there are tons out there. Look at the 09-S VDB Lincoln. There are tons out there, you can find one at almost any coin shop in the country. But the demand is so high they are quite valuable.

What mintage limits such as these do is allow those lucky enough to get some early (like you) to quickly flip them while they are hot and make a huge profit (like you did) and then brag about it.

My guess is, these won't hold this kind of value for very long. They will always be worth more than their initial sales price but they won't be what they are today. This almost feels like the 2006 Reverse Proof again where the prices were nuts for a few months and then settled down.

 

If you're saying the price 'won't hold this kind of value for very long' with the very limited mintage offered, how can you say the unlimited, or much higher mintage (tons out there) would hold the value because of popularity, ie: 1909 S VDB?

Can't have it both ways. Except under some incredibly rare instance, ie: 1909 S VDB.

 

Is it kind of like ticket scalpers? Before the event ticket prices are high. As the event starts, and continues, scalpers have to decide how much they want to keep the ticket, and how much do they want to get what they can out of it.

 

Yes but when someone scalps a ticket to an event they are under a time limit in which they have to sell.

When the event is over the ticket is worthless.

Not so with a coin. I could give this coin to my future grandchildren and it will always have value.