What is the 2011 25th Anniversary ASE set really worth?

Discussion in 'Bullion Investing' started by YoYoSpin, Oct 27, 2011.

  1. green18

    green18 Unknown member Sweet on Commemorative Coins

    Leave the danged thing in OGP (MHO). With all the hooples busting these coins out, the real money is gonna be with the original goober packaging.

    [again, a most humble opinion]
     
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  3. Azpatriot

    Azpatriot New Member


    I agree with you, looking at it's sister set from 2006:

    The 20th Anniversary Silver Eagle Sets went on sale August 30, 2006, priced at $100 per set. The sets were limited to a maximum authorized mintage of 250000


    That set sells between $300-$350 when it was released it sold from the mint for $100



    This set has two key coins plus 3 others with a mintage of 100k

    No way it is going to settle in at $450
     
  4. fatima

    fatima Junior Member

    Worth of the set will be determined by the worth of the two unique coins in this set. The rest don't matter since we are talking numismatic value.
     
  5. fatima

    fatima Junior Member

    Worth of the set will be determined by the worth of the two unique coins in this set. The rest don't matter since we are talking numismatic value. That worth will be determined by what the true collectors are willing to pay.
    Yes indeed. It will be the ones who can get their boxes from the mint first and then turn them around to the on-line vendors since they won't be buying an unlimited amount. The mad scramble is yet to come for this group.
     
  6. Vess1

    Vess1 CT SP VIP Supporter

    I tend to agree. Many will be split up.

    You'd have to be crazy to want to send these to the TPGs unopened IMO. If I was buying a set aftermarket, I'd want to know the condition of what's in the box. No spots, scratches or other damage which has been seen in the past. You're asking for trouble if you leave them unopened IMO. The tv vendors are the only ones that can afford that gamble.
     
  7. Vess1

    Vess1 CT SP VIP Supporter

  8. ratio411

    ratio411 Active Member

    Don't get me wrong, I'm not suggesting a 'bubble', but it is funny how for every person here talking about getting 1 set, there are 10 more trying to get 5+ sets for flipping. If all the customers are flippers, who are they going to flip to?

    I think these sets will hold a value at or above the cost, but I also believe there are some pie in the sky hopes too.
     
  9. sodude

    sodude Well-Known Member

    I guess some of us will be flipping to other flippers (the ones who think it's going to sell for $1000+).

    If you get a 50% profit, there's no shame in that even if the price goes up further down the road.
     
  10. Azpatriot

    Azpatriot New Member

    The one set auctions on eBay are going for around $500 while the lots of 5 are generally going about the same per unit. Most of the big online dealers are offering over $4oo for the sets so I would place the street value now at around $400-$450. The more of these set's that find they're way into the hands of collectors or broken up by those feeling the need to grade them the higher the street price will climb.

    My first idea was like many others whereas I purchased 3 hoped to sell 2 to cover the cost on the one I am keeping. Looking at this now I am just going to sit tight for a few years. Using the 2006 anniversary issue as a guide they were issued for $100 from the mint and selling on Ebay quick thereafter for $200+. There was one key coin in that set and I have also noted that for the most part the unbroken original sets hold value against those that are graded (when you factor in grading expense). The 2006 set averages now around $325.00 sales price and there are always plenty on sale at any particular time. $250,000 sets which are not being flipped anymore 6 years later but bought and sold between collectors.

    We have a set here in 2011 with 150,000 less mintage a very auspicious year (25 year) and a ton of flipping happening even before the sets have been received. If the 2011 set does anything that resembles 2006 then I believe we will see a settling of the price in a few months of around $425-450 and a $600-750 price tag in the future as this small inventory shrinks and the online big dealers raise they're prices to the general public.

    Just my opinion but I figured I was in the money from the time i hit "place order" so am just going to sit back knowing worst case scenario I will not be going into the negative with this purchase and can afford to sit back and watch.
     
  11. USS656

    USS656 Here to Learn Supporter

    I completely agree. How much advertising did the mint do? I didn't receive any, and I was looking for it. I mentioned it to a couple local friends that I know collect, and they had no idea. Small mintage, very popular series, now only available in the secondary market. I think they will do just fine well into the future. JMO
     
  12. princeofwaldo

    princeofwaldo Grateful To Be eX-I/T!

    After the blast-off into the stratosphere of the 5 ounce hockey pucks, followed by the predictible 80% crash in prices less than 8 months later, I don't know how anyone could be so optomistic about anything coming out of the mint. I'm sure they will be attractive coins, and to be sure some in the past (reverse proof for instance) have done pretty well in the secondary market, but overall the aftermarket price performance of most all US Mint issues is abysmal, and I see no reason to think this offering will be an exception to that rule.
     
  13. Azpatriot

    Azpatriot New Member

    I would say that the 2006 20th anniversary silver eagle set performance has been anything but abysmal. If you want to compare this set to something than it should be it's predecessors not the overall commemorative crap the mints doles out constantly.
     
  14. IMO, the big winner in this set will be the S mint mark ASE. The proof, bullion, and burnished W ASE coins are all available elsewhere and in high quantity. The reverse proof is cool and of course limited to the 100K mintage but has been done before (2006 20th anniversary set). TC
     
  15. coleguy

    coleguy Coin Collector

    Don't know what they are worth now or in the future, but it's amusing to see the word "rare" associated with any ASE. There just simple aren't any rare ones in any finish, format or mint. But, then again, for a bullion coin maybe 100,000 pieces is rare, I don't know.
    Guy
     
  16. USS656

    USS656 Here to Learn Supporter

    The hockey pucks were a unproven idea that flippers were hoping to cash in on. This is a proven winner! How can you argue with the numbers for this specific series??? :scratch:

    ASE Proof Mintage
    2005 816,663
    2006 1,092,477*
    2007 821,759
    2008 700,979
    2009 0*
    2010 860,000*

    Read more: http://www.cointalk.com/t190720-61/#ixzz1c7WtyO8K


    With as many collectors the numbers would indicate, how could anyone possibly doubt that this will be a winner for years to come? It is like the 97 SMS nickel, any collector of this series will feel they need to have one. People need to stop comparing this coin series to others the mint releases. There is no comparison in my opinion, and the numbers certinally help support it.
     
  17. sodude

    sodude Well-Known Member

    They still have two months. They could make more of the two rare coins and sell them individually.
     
  18. GoldIRA

    GoldIRA Active Member

    I don't think they're going to make more of the key coins and sell them individually. I'm sure someone at the mint realizes that flippers are a target market, right next to collectors.
     
  19. GoldIRA

    GoldIRA Active Member

    I don't understand how so many of you really believe that these sets will settle at $400-$500 long term. Out of all the ASE sets ever produced, it will probably hold the most shelf appeal to date. When I saw the 2006 set for the first time, I was actually surprised how much shelf appeal the set possessed.

    I work in the Self Directed IRA industry and I talk with bullion investors all the time. Our economy, the fluctuating market values for metals, and dealer advertising will drive these sets to higher highs than most expect. Low mintages, 2 key coins, beautiful shelf appeal, wide collector base, and did I mention VERY LOW MINTAGE. I personally think that these sets would make a fantastic tax-deferred investment since they're allowable within an IRA account. The sets would need to be held in storage with a facility like First State Depository. If you're thinking about putting some retirement in metals, this would be a fantastic idea IMO.
     
  20. Danr

    Danr Numismatist

    same thing crossed my mind
     
  21. Danr

    Danr Numismatist

    the 1995 w goes in the $3K range
     
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