Are we going to see proof silver eagles this year?

Has anyone heard anything on the status of the '09 SAE's?

 

Log in or Sign up to hide this ad.

no latest words from the mint. we may or may not have it.

 

not a day goes by that i dont check the mint my collection will always seem incomplete without 09's. it wouldbe a shame for them to skip the year.

I really dont see a reason they shouldnt mintthem. I mean didnt they catch up on the orders for the 1oz gold a month or two ago. They quit other denominations for a while.. they should have had ample mint time to make them......

 

You could subscribe in case they start taking the orders for the Proof ASEs.

 

A lot can happen in 3 months. It will come out.

 

My guess is they won't be made. :crying:

I'm sure everyone's seen this...

Judging by Elaine's mintages numbers, bullion coin sales seems to be growing. Krispy has some really good advice...get on the subscription list. If they DO make them, they probably won't be able to make enough to keep them from becoming the Key Date. :hail: Did I hear someone say 1995W?

 

I sure hope so. I put in a subscription for the MS and the Proofs.

 

I also suggest doing this... put in more than one subscription for the same item at a different point in time, for a different quantity. For instance, there's often a limit of 5 pcs per household, so put an order for 5 pieces, then a week later, put in an order for 1 in case that 5 order gets canceled first or limit numbers changed, at least you'd get one... I would avoid putting large orders of 20, 100, or whatever else you like as I don't see them being fulfilled in full should they release small minted quantities. If you need more than the household limit then enlist your friends and family to place orders for these coins and repay them if/when the fulfillment occurs. I think that covers a lot of bases.

I ALSO STRONGLY SUGGEST anyone interested in a Proof 2009 ASE to place subscription orders post haste! to reinforce demand on the Mint to produce/sell these coins.

Anyone else have any advice to add or to tweak these ideas? Love to hear it as I want to see these coins this year and into the future being produced and released. I don't want a hole in my Proof ASE collection.

 

I was thinking the same thing...how do they fill orders if they have more orders than coins? I put in a subscription for twenty (20) and it was automatically split up into a fifteen (15) order and a five (5) order...fyi.

I'll probably take your suggestion and put in a few single (1) orders, also...just in case.

 

Wow! Thanks for posting this example. That's what I was thinking could happen, a partial order or potentially killed order. I think they could still kill that 15 pc order and only send you 5 pc but buy the time you realized or tried to reorder who knows what could go on, price moves, suspended program again, total sell out... This example lends great support to what I was speculating to be wary of and trying to caution about. Thanks yakpoo. I still have to cross my fingers that the Mint can manage to at least honor one piece per household in the next couple of months. I mean how can they not manage the time and blanks for a tiny mintage of 50k or less, when they crank out 100k PLUS of the uncs a week. I've got my fingers crossed for getting a Proof.

 

Well I put in for 10 each MS and Proof.

 

Well what is the point of the subscription then? I mean if you want 10 you should be able to get 10. This makes no sense. The point is they are trying to gauge how many to make. This is a business for God's sakes.

 

I was thinking about this some...

Since they're restricted by law from minting Proofs & Uncs until all the bullion orders are filled, they may only be able to mint a small number of the Proofs & Uncs.

Let's say that number is 30,000 each...but they have subscriptions for 120,000 each. How should the orders be filled?

1. Full subscription...first come, first serve.
2. Deal them out like a deck of cards (one coin per subscription) until all the coins are gone...first come, first server.
3. Limited coins per household...first come, first serve.

 

The Mint does many unsuspecting and seemingly inexplicable things upon release, after release, after selling out, etc. I'm just trying to take them all into account and make sure I get at least one piece if they suddenly release the coins. Like I said if you want 10 then place several orders that amount to 10 pieces, it will still express the same amount of demand that you have for the product to the Mint.

 

I agree with what you said to be the likely scenario we'd see played out IF they are released. However, if you were an early subscriber and placed an order for 5 pc. and if the Mint only managed to produce a very small amount, the household limit might be dropped to 1 pc / household (order) fulfilled to the first dated subscribers' orders, then if any remain in stock, you could potentially see the household limit increased until they sell out. But if the number of orders was greater than the supply, you'd have to get others on the secondary market, auctions, ebay, dealers, coin shows, etc.

I hope they have been quietly cranking these out and will be able to meet at least 50k - 100k demand. I doubt they will grace us with less than 50k since this is such a popular and ordinarily readily available and accessible coin to collectors.

I'm not sure if there is a policy as such, especially since this product contains PMs, but I'd also like it if they were somehow able to limit order fulfillment to US addresses before international orders

 

Krispy, I got some questions about ASEs that may sound dumb to you. I don't know much about ASEs...and this should prove it! Here's what I "think" I know about ASEs...

1. The US Mint produces Burnished Unc ASEs at West Point.
2. The US Mint produced Proof ASEs in San Francisco.

...and here are my dumb questions...

Where are the "bullion" ASEs minted?
Why don't I see "bullion" ASEs listed as one of the US Mint's products?
How are "bullion" ASEs distributed?
Why do they have to be minted before the Burnished Uncs and Proofs?
Aren't ALL ASEs "bullion coins"?


Thanks.

 

Well, what has been the mint releases for past years on MS and Proof releases? Maybe this will give us an idea. I mean the uncirculates that came out are all gone now right? How many of those have been minted too? I just think it is funny that if there are people that want to buy that if you are in business you meet that demand. But I see your point.

 

Is 1. The MS releases?

 

I guess that's where I'm getting confused...

What's the difference between the ASE UNC (MS release) and the ASE (W) UNC (MS release)? ...or are they the same?

Elaine's mintage post of 09-09-2009...

09 ASE - 19,214,500
09 AGE - 872,500
08 ASE (W) UNC - 520,527
08 mint 5 pc unc set - 75,969
09 UHR double eagle - 90,048


The 09 ASE (no "W") has a whopping 19,214,500

The 08 ASW (W) UNC is only 520,527 (this is what I believe to be the "Burnished" UNC)

 

#1. The bullion ASEs are minted at West Point
#2&3. You don't see bullion ASE listed on the mint site because these coins are sold via a select few distributers accross the country and not directly through the mint. As to the reason why the mint choses to do it this why I can't answer that.
#4. The exact details to this question slip me, but the law states that before any collector ASEs are minted, enought bullion ASE are available to meet public demand.
#5. I would answer this question, yes and no. Yes, because technically, it is bullion, but no because the proof and unc versions are "collectable".

Lastly, the mint has stated very clearly that there are three types of ASEs now.....bullion, UNC and Proof. All three are minted at West Point.