2011 American Silver Eagles PCGS San Fransico

I think I'll pass, thank you

 

Log in or Sign up to hide this ad.

They should let everyone send their earlier certified 2011 ASE's to get reslabbed with a West Point label.

 

Thanks for the link TC. When I clicked on their link yesterday their counter said they had 402 - 69's left. When I ordered tonight they had 72 left.

I checked Apmex and they only have 27 - 69's left. Over 900 70's left. Could mean not too many with FS designation. Depending on whether or not they have more monster boxes in waiting to be graded.

 

You guys better giddy up. These things are just flyin' out the door. Don't want to be missin' out on these "S" s-less's.......

 

I just ordered one from Paradise Mint. I don’t know if these will carry a premium down the road, but I have been meaning to get a 2011 ASE bullion. Regardless, I figure that’s one more coin off of my “to buy” list. :yes:

 

Ken: Tell us how you really feel ointnlaugh:. My $55 NGC MS69 is now on its way from MCM. I will post pics of the differences between the W and S minted versions once it arrives. :goofer: TC

 

I'd rather take a hammer and punch an 'S' into one of my ASEs! LOL!
J/K...

This could be interesting. Could be a big flop.

I do agree that ASE owners with 'W'-less coins should resubmit for a 'W' label! hahaha... That would gum up the works at the TPGs.

 

Thanks for the link TC! I wasn't going to order one, but I decided to anyway. This coin may never command much of a premium, but at least I'll have a slabbed 69 in my collection to compare my raw ASE's to. Prior to ordering this morning Paradise Mint was showing 49 left.

 

When you actually put the numbers to it, $55.00 shipped is not a bad price, if you are looking for a 2011 graded bullion coin from either mint. A raw eagle will cost about $41.00 from an online dealer and the cost of grading is about $14.00. You are at $55.00 already, without even talking about shipping costs. It doesn't really tickle my fancy, but it does seem to make economic sense for those who like the idea of owning the San Francisco coin, as even a graded West Point bullion will cost about the same amount.

 

What will be REALLY valuable is the strap on the SF monster green boxes. How long will it be before they start selling on EBAY?

 

Here's a picture of a raw San Francisco strap before it gets sent to PCGS for grading. I think it will get a PS86 (Plastic State Throw Away).

http://cgi.ebay.com/2011-1oz-SILVER...729?pt=LH_DefaultDomain_0&hash=item1e649b8d49

 

I started a new thread on the Coin Chat forum but was not sure you Billion Investing folks would see it, so sorry for the duplicate post. Take a look at these pictures a 2011 West Point and San Francisco minted ASE. Do you see any differences in the eagle, especially the eye. Perhaps a variety? Perhaps a way to distinguish the two mint sites (W versus S without the mint mark) other than the label? :yes: TC

 

There may well just emerge a small yet substantial difference between dies in the two locations. Remember the eagle with the reverse of the previous year? That is one good reason, but for completists, one just won't do and they will buy both. The mint excels in providing hidden value in plain sight, like the Cheerios Native American dollar. Don't discount their first rate marketing team dreaming up a winner out of thin air. Buy both out of prudence is good advice, IMHO.

 

I've seen them going for as much as $100! I paid $56 w/ free shipping! Math wise $41 from the mint + $15 w/ shipping and insurance to NGC and a gamble that it would grade 69 or 70! Not a bad deal! And who knows how popular these will be in 10 years! Worth the gamble... I say yes!!!

 

I picked up two from Gainsville Coins for my birthday present to myself. I like slabbed coins.

 

I'll pass. I bought one from the mint already. Maybe the mint shipped a San Francisco round to me out of their stock? Are all of the supposed "S" struck pieces being shipped to the TPG's for grading? If TC is correct with the Eagle's eye picture, you should still be able to get them graded as San Francisco in origin. If not, then they are like all the others and with the same value also.

 

So. you're saying the law prohibits a mintmark on the bullion version?

 

Even clad coins get mint marks, I wonder why bullion are the only coins issued whithout a mark.

 

To keep us "evil" collectors from hoarding them......

That really is a good question though. Why no mint mark on bullion coins? Collectors really wouldn't hoard the coins any more than investors do, and if they did? Well, call them investors then.