2011 ASE Anniversary Set PCGS 69 FS

If people actually open their minds and do some research they will realize that The S uncirculated minted coin and the reverse proof are the 3rd lowest minted coin in the entire silver eagle program, with only 100,000 minted for both of those coins. The 10th anniversary being the lowest minted coin at 30,125 sets were sold, making the silver proof especially attractive.

GreatCollections sold a PCGS Proof 70 Deep Cameo 1995-W silver American Eagle for $86,654.70. At the time, only eight coins had been assigned that perfect grade by the PCGS company, i'm not sure how many are PR70 currently with PCGS but NGC has graded 390 Proof 70's as of today. (Proof 69 Deep Cameo silver American Eagles sell for about $4,000 each.)

Most collectors seem to forget about the series until the next great Anniversary set comes out, which will happen later this year. So my best guess is that your investment for the 25th anniversary eagle set will increase in value as soon as the 30th anniversary eagle set is released.

There are 19,465 2011 25th anniversary reverse proof 70's and 8,539 PF69'.
There are 19,813 2011 25th anniversary S MS70's and 8,315 MS69's

I know there are a lot of people who don't like graded coins but I can see value in a graded coin, But not so much the special labels. I focus on the grade.

 

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who in their right mind would pay $86,654.70 for that PCGS proof DP cameo 1995-W ? some one that had money to burn ? a crazy person ? I can think of so many other coins I would buy with that kind of money.

 

Great summation Rambo! I didn't think about the 30th anniversary bumping these but that is possible. Looks like I chose well

Btw, GC the other day just sold a 69 95w for around 4k I think and a 70 for just under 20k.

 

I've heard a big reason is Roth ira's

 

still...

 

Is there going to be a 30th set? I have not heard anything.

 

I have done well watching and researching the silver eagle program. I invested heavily in the 20th Anniversary due to the popularity of the 10th Anniversary. I also invested heavily in the 25th Anniversary due to the popularity of the 10th and 20th Anniversary's. I have noted the high cost at the begining of the release of the 20th and the 25th Anniversary's. But i also noted they always tapper off and history also shows that the the prices increase when the newest Anniversary set comes out. Which brings endorses one of my rules for coin collecting investing.

I will invest on any coin series that is a continuing yearly releases like the gold Buffalo and Silver Eagle programs. I learned to shy away from a series that has an ending. Like the Silver Statehood quarters or the presidential series.

Most collectors forget about any series when there are no new releases

 

I think it is an excellent deal. I only got the two 2011 W and Reverse Proof (the ones I have are 70s) and paid a lot more for just those two. Beautiful coins!!

 

Someone that loves the series/needed it to complete their set and can afford to do so most likely. A lot of people would say the same about people paying that kind of money for high grade Morgans or Lincolns due to their mintage numbers, or even just other series they don't like. Everyone has different tastes and different interests.

They really are about as close as you can get to a guaranteed winner from the mint as long as they don't goon it with that mint to demand again. Once that happens interest seems to be moderate. People like things that are limited and rare, once they mint something to demand it's already starting with the impression that its cheap and easy to get aka nothing special.

 

I am all for collecting what you want. if that is what you like go for it.

 

This was when they were first released.

Mintage Limit of 100,000 sets. Household Limit of 5 Sets. The sets sold out within 3-4 hours of muddled and mushy web page response.

In other words, it was a battle which a lot of folks lost. This literally KILLED the aftermarket for the 2012 and 2013 Silver Eagle Sets due to all the whining by folks that couldn't order their 5 sets only to resell 4 sets at very high market prices.

I'm shocked to see the OP's set went for as little as it did.

 

Correct but then, remember, they were only dolls names Cabbage Patch Dolls yet the market went crazy for them. Only a fool would not have taken advantage of the profits which were available at the time.

The same was true of Beanie Babies.

All false markets built on inflated values but.........that's usually what happens when a buying wave builds.

 

Yeah I bought 5 sets, funny thing was I was working that day and didn't make it home till about 4.00 PM central time, went online and ordered without any problem. (I was probably one of the last ones to get my order in)

 

That was a bidding war fluke and certainly is not representative of the value of a 1995-W Proof ASE.

Remember folks, there was a day when 1973-S Silver Proof Eisenhower Dollars were selling for between $150 and $250 bucks each. Raw.

It's just a crazy market where funny things happen.

As for the person paying $86,654? Anybody that can afford to spend $87 thousand dollars on a coin is certainl not someone with money problems.