2011 25th Anniversary Silver Eagle Set

Discussion in 'Bullion Investing' started by SILVER E C-C, Aug 21, 2011.

  1. phdunay

    phdunay Member

    This may be my first one, but from what I've heard, this company is much better than the USPS insurance in speed and actually willing to hear your problem/side of the story.
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. green18

    green18 Unknown member Sweet on Commemorative Coins

    Well, what the devil do they insure?
     
  4. jaybird1225

    jaybird1225 New Member

    What do you think of getting them graded do you think that the price will be more or what?
     
  5. phdunay

    phdunay Member

    Good to know about what they DO insure, looks like the iPhone I sent was covered, but will not be using for tickets or coins.
     
  6. steve1942

    steve1942 Junior Member

    Shows what I know, didn't know they shipped on Saturdays. That being the case, I'll bet your right. You just made my Veterans Day a little nicer.
     
  7. justndav76

    justndav76 Member

    Is anyone noticing any rim dings on the coins... or frost breaks above the B in Liberty on the reverse proof? I read on another forum where a guy who ordered five sets noticed that on every one of his sets. Kinda scary. I'll have to examine mine more closely again I guess. I thought they all looked pretty sharp and were candidates for 70s. I think I'm sending my S and RP in for grading Monday.
     
  8. justndav76

    justndav76 Member

    Well HSN was just selling their FDOI ANACS 70 sets for $3000. Then 'ole Mike went on to say the mint sold out of the sets in one hour. A million orders were cancelled the first day he claims, his five sets were cancelled. Unreal. Does he not know those of us with some knowledge of this can smell his BS? I thought the sellout was somewhere around five to six hours?
     
  9. miedbe7

    miedbe7 Wayward Collector

    I wonder how he got his hands on all those sets to get 200 for the 70 set and however many more that ended up as 69s. I think it's safe to say he exceeded the 5 household limit!
     
  10. justndav76

    justndav76 Member

    I'm guessing HSN had a lot of their employees ordering sets and they were paid to do so, only explanation I can think of. They were selling 69 sets at $1500 and I didn't catch how many they said they had.
     
  11. IMO, you made the right move from an investment standpoint. Nice profit during the likely peak and frenzy for these sets. TC


     
  12. fatima

    fatima Junior Member

    Wouldn't be a (w)itch if they discovered that later sets had the SF minted coins and the ones shipped first didn't.
     
  13. sturmgrenadier

    sturmgrenadier Junior Member

    I know this will sound overly cautious, but I checked to make sure that the 'S' mintmark is on each of my five San Francisco coins (they were all of course there). I mean, what's the chance that they would make a mistake like not putting one of each of the five types of coins in each set?
     
  14. ClairHardesty

    ClairHardesty New Member

    If there actually any WP bullion coins in any of the sets it is a very small number. To me, it makes no logistical sense at all that the mint might have shipped WP coins to the SF mint, especially when you consider that when it temporarily halted bullion production prior to these sets being made, SF had nearly a million coins in inventory (in monster boxes). If they really did a one or two day production run to make 100,000+ coins to use in these sets (which I think they did) and it they ran out because of reject, they would have pulled from SF production inventory, not shipped coins in from WP. When PCGS contacted "a mint official" they got the canned answer "we can't guarantee where bullion coins come from". A mint official would be programmed to tell you this even if he was handing you a monster box with intact SF seals on it.

    There have been one or two reports of sets with one type of coin missing and two of another type. That is understandable with 100,000 sets that were probably rushed through assembly.

    My last set shipped yesterday and is sitting at the UPS hub in Louisville. It will probably stay there until tomorrow night then fly to Austin for Monday morning delivery to me.
     
  15. giorgio11

    giorgio11 Senior Numismatist

    Well I couldn't resist trying my hand at this as well. If you like you may add derision in advance or (or instead of) reading this drivel.

    For shiny round silver eagle sets
    Collectors save up and cast their e-nets
    Unopened box? Have I scored?
    Sell, or put in the hoard?
    Big money makes even small fry place their bets.
     
  16. silverman75

    silverman75 New Member

    shipping

    When shipping these sealed sets to the buyer can you put a shipping label on the outside of the package over the original label or would this deter from grading?
     
  17. ClairHardesty

    ClairHardesty New Member

    Just to be safe and so the buyer does not have anything to complain about, you should probably at least wrap the mint box in plain brown paper so that the original box is exactly as it came from the mint. Probably has no effect on ability to grade, it is pretty clear that you couldn't take coins out through the space the label occupies. The mint label is typically part of the seal but it too is over the top of tape. Do what you think is best.
     
  18. green18

    green18 Unknown member Sweet on Commemorative Coins

    Only if you want a MS-70 Box. Doing that would knock the grade down to a '68.......:)

    I like Clair's suggestion about the paper wrap but I will caution you on this. Paper rips. You risk loosing your shipping label and then what? You're hurtin' big time. If you cover the original box in paper then make sure you cover every inch of that paper with clear packing tape. Or.......get a bigger box to put the original mint box in.
     
  19. silverman75

    silverman75 New Member

    Thank you i wrapped this baby big time with paper and packing tape, without touching the cardboard at all, guy spent 1025 for these i should spare no expense.
     
  20. airraid1999

    airraid1999 Member

    Hsn had to have 1000 or more set to offer that many graded what happens to the one that don't make the cut also how in the he@# they get that many sets?:(
     
  21. ClairHardesty

    ClairHardesty New Member

    I sure hope, before the mint starts using an upgraded system late next year, that they have implemented preventions to programmed buying or we will never get a hot item again. The breakdown of the mint's order system as it stands essentially prevents programmed ordering by failing to respond so much. If the mint doesn't do something to make sure that an actual human being is doing the ordering, companies like HSN will simply have all of the accounts in place and use computers to blast orders through, causing sellouts of limited products in a matter of minutes.
     
Draft saved Draft deleted

Share This Page