2006 20th anniversary amercian gold and silver sets. how far can these coins go up?. let's predict it. for short term: three gold coins set: cost $2,610.00 my guess is $3,200.00 or 23% profit three silver coins set: cost $100.00 my guess is $250.00 or 150% profit for long term: three gold coins set: my guess is bullion value only. three silver coins set: my guess is $400.00 - $500.00 range. let's hear from you guys. p.s. 1995 w 10th anniversary american gold and silver sets is still the champion. see its price to move up again when the 20th anniversary begin to rise its prices at the open market.
With a mintage of 250k pieces, do you really think the silver set will move up that much that quickly? Seems like there are going to be a lot of people hoping to make a quick buck off these. I'm kinda skeptical.
20th anniversary sets look at modern commems. silver coin mintage at 400,000 to 600,000. it's easy to sell all of them when collectors like it. the 20th anniversary silver set is only 250,000. while that of gold mintage. even at 10,000 is still considered a lot. i would based again on modern commems gold mintage. 4,000 pc or below. then it is considered a good buy.
The marketplace has changed in the last 10 years. It used to be the collectors who bought the sets. Now it seems that it is speculators who want to place the product on ebay to make a small profit. Thus we are seeing the secondary market for these product begin immediately rather that waiting for the collector to 'retire'. If these products sell out, I do not see any price increases as there will be thousands on sale on ebay before the US mint can even ship the sets. The only way to make some money is if the products slip under the radar. Speculators seeing the dramatic price increase of the 1996 set will be all over this set. Buy the set if you will enjoy it. Do not count on any price increase.
The problem with these sets are they are not coins minted for circulation sets. Nor are they collector's proof sets of any coins minted for circulation. There are not enough collectors interested in coins and/or sets minted only for profit. You mention commemorative coins of the past and, in the same breath, modern commemoratives. It took many years to garner coin collector's interest in the early commemoratives. Take a long look at the modern commemorative silver halves', silver dollars' and gold pieces' mintages from 1982 to present. Only a very few have reached the values that the same regular minted coins have achieved at the same mintages. Every once-in-a-while a coin comes a long that has a great nostalgic interest such as the Marine Corp silver dollars, the Ben Franklin silver and gold coins and the gold buffaloes. At first there is a great demand, the prices go up fast, but within months (sometimes weeks), interest dwindles and prices drop.
Plus you have to take the value of gold into account. If gold falls back to $400, you will lose money. After all you just paid $870 per ounce. If gold goes up, you will make money. The gold set is already extremely expensive, there are only so many people that can afforde it It is a gamble. There is no sure things in life.
two more days before offering i'm gonna lower down the projected increases for 20th anniversary gold and silver sets. i think the upward movement will be quite limited. and i am not buy anying any gold. i will only get one to three set of 3-coin silver set. that's it.
im pretty sure ebayers will kill any or all of its novelty/investment value. in fact im going out to say that a couple years from now you can probably pick one up at its issue price
too many coins produced this year it seem the interest for 20th anniversary coin sets have stopped. tomorrow is the start for u.s. mint to sell its new product. i see it won't sell out. i might as well cancel all i wish to buy before.
I should probably research this before commenting but isn't the gold set the only way to get that particular version of the silver eagle? If that's the case, I would suspect that the set will go through the roof in price, and many of them will be broken with the ASE selling for a fortune just like the 1995-W because of all of the ASE collectors out there. EDIT---- I just went to the mint web site. I should have referred to the anniversary set. Does anyone know what the mint marks on the 3 coin set will be?
12 hour to go to buy or not?. the mint will start selling tomorrow at 12:00 noon. anyway the three silver dollar set is still cheaper than modern commems. 2 proof at $35.00 each and 1 unc at $33.00. total $103.00.
except the 1995 W! your welcom libertybell. you might want to look at the press release on the us mint web site, home page it has all the information on all three eagle sets.
let's play a little math. gold 3 coin set: proof $895.00, reverse proof $895.00, unc $820.00 total: $2,610.00 silver 3 coin set: proof $35.00, reverse proof $35.00, unc $30.00 total: $100.00 gold & silver 2 coin set: gold unc $820.00, silver unc $30.00 total: $850.00
ebay first result ebay first bidder now hit $175.00 plus $12.00 shipping. total $187.00 for the 3-coin american eagle silver dollar set. it is cracy.
delivery schedule changed again only one day of offering. the 20th anniversary american gold and silver set delivery schedule were changed to 12/8/06 instead of 10/6/06.