2012 Silver Eagle San Francisco Proof Set "PRICE WATCH"

as far as labels go.I like the fact PCGS First Strike slabs say 75th Anniversary

 

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My apologies if this has already been said elsewhere, but the raw sets are again 'In Stock' with SilverTowne for 180.

 

Raw sets are still going for $200 + on eBay.

 

What am I missing? Why are you spending $255.00 shipped for a set you could have ordered from the Mint for $155.00 shipped?

Are the raw sets poor quality or what's the deal?

 

They like 'em holdered and labeled '70'.......while I respect their collecting endeavor, I rather like the raw, less expensive ones that you could pick up wholesale from the manufacturer.......

 

Here's a blurb I copied from the Paradise Mint homepage. I think they meant 25th, not 30th Anniversary.

2012 San Francisco Proof Eagle Sets!
Don't be in a rush to buy these sets. With a mintage of 2 1/2 times the 30th Anniv set there will be tons to go around and we predict the price on these will drop in 2-3 months.

 

The fact that they say 30th anniversary instead of 25th anniversary demonstrates to me that they have no idea what they are talking about, and that this is just a marketing ploy to get people to wait until they get them in stock to order.

 

All this tells me is that Paradise has no stock on hand. They are probably anticipating receipt of their order from the mint in October (ordered late), or maybe they didn't order any at all and want to suck up secondary market sales on the cheap.

I'm betting that after all the cancellations are counted, we'll end up with 200,000 or less 2012 "S" reverse proofs. Messages like this one from Paradise are a raging buy signal for me.

 

Silver Towne's site says the PCGS PR70 sets are now sold out. They still have raw and NGC sets on hand.

 

People love to have slabs that say 70 on them. I personally am very satisfied with the set I got yesterday from the Mint. But I wouldn't want to pay $100 more than I had to for a product. That's crazy IMO.

 

TC and Yoyo,

I was thinking the same thing. I'm glad to see I'm not the only 1 to think their intentions are less than noble.

 

In this case, at least for me, I would say yes. I posted about it earlier.

 

Did a little homework…the closest thing to a 2012 “S” reverse proof is the 2006 “P” reverse proof, which has a total population of 248,875. As of June 2012, there were 1,776 2006 reverse proofs graded by PCGS as PR70 and 9,703 graded PF70 by NGC.

Over the past 30 days, there have been a total of twentyfour 2006 reverse proof PCGS PR70 sales on eBay with a high price of $775.00, a low of $326.76 and an average of $441.35.

During that same time period, there were 49 eBay sales of 2006 reverse proof NGC PF70’s at a high of $556.00, a low of $375.00 and an average price of $429.13.

There was also a recent Heritage auction sale of a 2006 reverse proof…6/12/2012 – PF70 NGC - $402.50

All this tells me that a PCGS or NGC set of 2012 “S” proofs going for $240 (including the OGP) is a pretty good deal.

 

I think the Silvertowne price of $239.00 +$15.00 is pretty good for 70 graded coins.

I'm a member of NGC so I would've submitted my set to them. Appx cost:

two coin set: $149.95 + 4.95 s/h
NGC submission cost: 2 @ $30.00 each = 60.00
registered mail + insurance appx 20.00 x 2 = 40.00
appx $254.00 which is about the same as SilverTowne but I'm not guarenteed of 70 grade by submitting
my set to NGC. It appears to me Silvertowne is the clear winner.

 

with this kind of price. i rather buy grade 69 from silvertown. in this way. i saved some money on my cost. while grade 70 it is just break even.

but i will not send any coins for grading. cause i know how to grade. sorry folks.

 

HSN was selling them last night for $429.99 for the two coin set graded by ANACS RP70/PF70. On the first airing, Mike Mezak flipped over the proof and it had a W on it, whoops! Then, on the next airing (primetime), he was showing off that S-mint mark all night long. He said they bought a little over 5% of the entire mintage and already had all of them in stock and graded. These people... The 25th set was offered at 5499.95 the first night graded by ANACS all 70s. I can't believe they got people to pay that price. I was actually a little surprised that they came in at the price point of $430; I was expecting like $700 or something like that.

 

I ran out of storage space shortly after receiving my AGE UHR set. The box containing the coin is huge.
The box containing a set of 25th Anniversary ASEs is pretty big. I have five sets all of them graded.
Graded coins take so much less space and they are easier for me to handle. I suspect they might trade/sell
at a premium as well.

 

What I do is I store the empty boxes in my house, and the coins are in more secure storage.

The UHR box isn't too bad, but the 25th anniversary box is horrendous. IMO that set would have been better with just the S and RP. The other 3 fillers made the box obnoxiously large. lol

 

Same here.

I was a purist for years. Kept everything in the boxes they arrived in. Had mint sets and other coins not only in their boxes but also in the USPS boxes they arrived in. After selling most all of the proof sets I started thinking about separating coins from their mint boxes. The AGE UHR pushed me over the edge.

 

You just might know how to grade and you just might be very good at it, but when it comes
time for you to sell, it's not your grading knowledge that an average buyer is going to trust.