US mint blew the release of the 2017 Congratulation set

Mines in process they hit the CC for the shipping. hope there's no problem.

 

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And I'm sure the pigs will be fighting again for a place at the trough.

 

You can have American eagle silver with mark mint S as follows
1986s 1,446,778
1987s 904,732
1988s. 557,370
1989s 617,694
1990s 695,570
1991s 511,824
1992s. 498,543
2012s. 281,792
2017s. 200,000

 

So far. This 225th anniversary year may have more secrets to come.

 

Where do you get 200,000? 75,000 Congratulations set + 50,000 LESPS = 125,000

 

No household limit practically guaranteed a quick sell-out. Intentional? Absolutely!

Why? They want a sell-out of the over-priced 2017 Limited Edition Silver Proof Set (which I believe will include an "S" ASE) later this year.

That is, they don't want a repeat of the poor-selling 2016 LESPS.

 

Finally. Someone that understands how they think!

 

My point is quite simple. Shipping is a business cost, keep the cost down for more profit. The distribution center in Memphis doesn't work for free and guess who pays them.

 

I'm done with the Mint. For all I care, they can load all of their offerings on a tractor trailer and drop them on HSN's front lawn. I'm sure Mike Mezak will be waiting with a cashier's check.

 

I hear you. Haven't purchased from mint in a year. Got shut out opening day on this one, but got one the next morning. It's a hassle but the mint usually opens sales back up at 7:30 am in the days and weeks after the release. You may want to check that out if you still want one. TC

 

How much does the packaging add to the valuation of the ASE itself, in general?

For instance, if I over pay from mint prices for a 2017 Congratulation set, would the ASE/package hopefully support that at some time in the future. Or will further releases of the ASE itself in other packages just relate the valuation to the ASE itself ?

 

I would say the package adds zero value on this one.

 

I grade a lot of coins and sell them and I am always amazed at how many people want OGP. Basicly in my opinion I rather have a coin verified by a reliable grading company (NGC, PCGS) than a coin in Original Government Packaging. But many people won't buy a coin unless the OGP is sold with the graded coin. My opinion you can throw away the OGP it just takes up dead space. This congratulations set isn't even a box it's a seal tight affixed to a cardboard sleeve.

 

My opinion is like everyone else's. It is a personal choice and I do not want a coin I cannot physically hold in my finger tips. I do not want to pay for someone else's opinion of the coin's appearance. I admit I grade ULTRA conservative, but I never plan on selling; and if already graded when buying and I disagree with the grade of the coin; I walk away. Unofficially, I would never buy a US government coin in OGP that I did not purchase directly from the mint.

 

All I EVER want, and all I ever WILL want, is the full original government packaging. I couldn't care a whit less about whether it's a 69 or a 70. I have plenty of both. I have really good loupes, and quite a few of the MS/PF69's I own are better than the MS/PF70's I own. I've never understood the desire to slab these things. I most often pick up slabs of them on the ultra-cheap. Many times it's less than I'd have to pay to slab them.

 

This is the 2nd lowest mintage for a silver eagle proof. Currently having a mintage limit of 75,000 and 50,000. The next lowest mintage was the 1995 W 30,125. Based on NGC's rules only the first release can have the early release label, if you can get cins ther within the 1st 30 days

 

Early Release labels.

Whoa, I got dizzy from rolling my eyes so much.

I can't tell you how many times I've specifically asked NGC to NOT give me any special labels.

 

Just this past weekend, I was rummaging through a dealer's "junk slab" boxes. You wouldn't believe how many PF70 coins were in there. Read the stats in MegaRed. Some (not all) of these issues have an AVERAGE grade above 69.5. Guess what that means, bucko.

 

I will not name a specific grading service, because none are necessary. They are the pawns of the TV coin infomercial programs and networks. If it was not the network coin programs keeping them in business, they would have folded years ago. If you need someone else's grading ability; you probably should not be in the numismatic field to begin with. The good old days of negotiating coin grade between two numismatists is a rare opportunity. The fun of collecting is the search, and a major component of the search is the negotiation process.

 

Here we're going to part ways. I've never been a fan of the negotiating process. If the initial ask price is too high, I walk. I have no patience for "the game".