25th Anniversary Silver Eagle Set PRICE WATCH

Number of sets sold, ungraded:

 

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Average daily price, ungraded:

 

Number of sets sold, graded:

 

Average daily price, graded:

 

premium for pcgs 70 set over ngc 70 set:

 

Thanks Steven, that confirms what we have been speculating on lately. Prices seem to be flat on 69 sets, but both ungraded and 70 sets have seen a mild increase in the last couple of weeks. This also coincides with the drop in sets being sold. It was talked about many times that this would happen once the market shook out a little. In my opinion we have found the floor for these.

 

Saw couple sealed sets now going for $650 on the bay and couple unsuccessful auctions for opened sets with bin of $650.

 

Old man on Pawn Stars tonight "If it's new and sold as a collectible it will never be worth anything"

 

Since you have such a scholarly source for your information, coupled with your ongoing derision for these sets, I guess I will just put all of my mint sets, proof silver eagles, commemoratives, and this silver eagle set out on the curb and let somebody else have them since "they will never be worth anything". I think that there are enough positive examples to prove this wrong that I won't even bother to list any, since I know you don't retort using real facts anyway.

 

^It's context. The old guy is referring to numismatic value, not scrap value. Real collectibles were never that when they were first sold. It's always worth the silver in it. The box they came in are worth a few bucks too.

 

it is very clear what he meant by that (we have all seen the collector plates and such), and it obviously does not apply to the 2011 silver eagle set (d'oh).

 

Right. I watched him describe the worth of a 1999 "collectible" doll.

 

Agreed. The modern silver eagle set has a very limited production. Even if every set remained in perfect condition...I think the value would still be there. Plus, there have been modern mint products that have remained collectible. I think his statement is normally true, but not always.

 

I agree. In general I agree with the statement, its the reason modern baseball cards collapsed in value, too many made as "collectibles", and not nearly enough disappeared through normal "kid destruction" like the older ones. Beanie babies, collector plates, dolls, etc. So in general its a good statement.

However, things like Roman medallions, (today worth tens of thousands), were made to be collected. There are special coin runs, special proofs, etc that were made over the last few hundred years that are also very collectible and valuable. What the original statement is inferring is supply will always be greater than demand. If that is not the case, if magically today we had 100 times the amount of beanie baby collectors then their prices would not have collapsed. I am not sure if 100,000 of these sets will be a low enough mintage to ensure these coins will ALWAYS carry a premium, but I think its a low enough number for that to be true for the foreseeable future. I simply do not see at least the two coins with only 100,000 mintages going to bullion value any time soon. Yes, to me 100,000 is a LOT fo coins, since many I collect there may be 500 in existence, but demand is also high on these.

 

I don't think I own a single gold or platinum fractional with a mintage of anything near 100k, I think the highest I have is 80k and the lowest 2.5k....No matter how you spin it 100k is a big number regaurdless of demand (speculation and hype)

 

I completely disagree with this statement. It's the demand that fuels the whole thing. If you have a coin with a mintage of 10 and nobody wants it...is it worth more than a coin with a mintage of 500K and wanted by 10 million. It's all demand. That's why so many rare ancient coins aren't worth much. ASEs are a very high demand series and the two special coins from this set have the second lowest mintage in the series. They will remain valuable.

 

Going off of memory, but I believe 264,000 1916 d mercuries were minted. Most were saved. That is a lot of mercury dimes, right? What about the 1909sVDB, of which nearly 100% were saved? Should these be common coins too?

Of course demand has EVERYTHING to do with pricing, (supply/demand, right?). I have coins that maybe 10 exist in the world. Value? About $300. If supply was the only factor then many of my coins are worth millions. If only 10 exist in the world for a coin, but only 5 are wanted, there is little value for it. If 100,000 exist but 500,000 are wanted, then demand outstrips supply. I just posted on a world coin thread about this very point. US coins are in such high demand that mintages that for any other country would be huge can be considered "rare" here.

 

In 1916 & 1909 these would be common coins. They are not common now because it's been 100 years since they were minted. In addition WWI was going on in 1916. In comparison, the 25th Anniversary has only been in people's hands for 2 months. It's not exactly an accurate analogy.

 

The demand at this point is from speculation and hype...The true price won't be realized till those die down.....I have never in real life known a peron who collects ASE, I know a few stackers that own 100's of ounces in ASE (like me) but could give a edited what year the coin was made in as long as it was an ounce of silver...The internet has globilized your hobby and gave you a false perception of how big it is.

 

Pretty sure durring The Great Depression a 1916 dime had more value as a tool to buy food than a collectible

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