2006 American eagle unc- a big gain for collectors

This is an investers thing, not a collectors thing..

 

Log in or Sign up to hide this ad.

have to be minted in '06 but can sell them in '07. stock pile key word

 

So the bottom line is that the mintages for the -W AGE are going to be low, compared to other years' mintages for the non -W AGE. Bad news is that all of them are being sold to collectors or collector/investors so they aren't going to be rare, just fewer of them than others if you collect this sort of thing.

Which I don't really...

 

Doug..thanks for the post. That info is published for all to see under the legislative label if you will.
What folks should do is not worry too much about the mintage of these bullion coins. The way it looks from the mintage standpoint is that the previous low was in 1991 and we all know what that coin goes for! There are differences between the 1991 bullion coin and the 2006 "W" Uncirc coin by means of planchet preparation and now the "W" MM.
If the mintages hold to an all time low for the fractions it will be or remain a bullion coin geared towards investors like myself. Will there be $$$$ increases? More than likely over time. There are now three types/finishes of AGE to collect and that (finishes) will segregate them just as the proof and BU finishes have before. Investor interest and AGE collectors will want to have them for their sets..(I do, no doubt) but...............
will they be a super rare coin..nahhhh. Just a low mintage modern AGE with MS 68,69 and 70 titles!
It should be interesting to see these several years down the road...The Mints web site is showing the Uncirculated Eagles to be made in March or April 2007, I bet the 2006 "W" uncirculated coins will be sold up to that point and then discontinued. Do not know that for sure but just a observation of past performance from the mint.
So those who are interested..go get em...if not well there will be plenty to choose from as the mint keeps cranking them out!!

RickieB

 

I know from personal experience that i purchased a '05 and '06 proof silver set from the mint on the same day. that was last week. Think it took one of their acts to bring it back

would hate to think that they could mint coins with an '06 date in '07. Other than being unethical, sounds like counterfeiting to me. Of course this is the mint.

really do not think the '06 sets will last much longer

Unless i have bee terribly misinformed the commeratives can not be sold by the mint after the year in which they were designated but the regular issue coins can be as long as they have a supply

please correct if i am inaccurate

 

collector reminder

forget about the set. the rare thing is the single coin with pouch, box and coa. the set contained a box for all four coins & one coa. if they break up the set. you will know it. simple as that. don't buy them. only the single coin is worth much. remember the silver proof statehood five pieces quarter. without the box is of different price. and the commem single silver dollar pricing is quite different than that of 2 pc set or 3 pc set. because they are considered different. that's all. if the set reached 12,000. all denomination will still be the lowest against previous years.

 

gold and silver down

with gold and silver down this week. it will help the sales of w unc gold slow down.

 

This logic doesn't seem quite right.
The box/pouch doesn't matter. Buy the coin, not the pouch.
It's the same coin.
Once slabbed who cares where it came from?
The coin is worth what the coin is worth regardless of where it came from.

 

Just a quick question about the mintages for the 2006W vs. 2007W. Will they be
comparable? Will it depend upon demand, and also the longer period of mintage
for 2007 compared with 2006?

Cheers All

 

Mintage numbers for Gold and Platinum??

When I look at the $5 Gold mintage for 2002.

Proof W is listed 40,864
UNC is listed at 230,027

Does the Proof Mintage of 40,864 include the number produced in the four piece gold proof set????

 

mintages

yes, it was included. and most of others were also included. thus, it is better to do your own calculation. sometimes they forgot.

 

If we go by half of what they did with the proof gold in 2006, the initial numbers could be for the 2007W UNC gold

1 oz 6000
1/2 oz 5000
1/4 oz 6000
1/10 oz 12,500
4 coin 13,500

for totals of

1 oz 19,500
1/2 oz 18,500
1/4 oz 19,500
1/10 oz 26,000

2006 W gold numbers may end up:

1 oz 46,500
1/2 oz 13,900
1/4 oz 14,800
1/10 oz 21,000

assuming 10.5K 4 set mintage. So the 2006W is still lower, but not by much. I assume they will sell out the 2006W eventually and the 2007W will also go as the lower mintages compared to the bullion force collectors to buy these. However they may mint more if you are correct so the 2007W could be even far higher depending on how well the 2007W sells. At least the 2006W should come in lower [except for the one ounce] regardless of what they do later in 2007.

 

Those are pretty accurate Centdime...
I just came from my local dealers shoppe and he has 15 ea of the Uncirc "W" fractions! I asked him for an additional 1/2 oz and his reply was that they are not for sale!! What does that tell you? Can you say 1500 to 2000 by this time next year!! All things are possible. The heck with the little bag..I am going to order another set right now!!

Get em while you can..anyway that you can!!!

RickieB :smile

 

1. I believe, RickieB has accurately suggested in his 1/4/2007 post not to compare AGE Unc w to the Proof or the Bullion coins. Being a new release in 2006, the AGE Unc w, establishes itself as a new benchmark to compare with in the future.

2. In my opinion, year 2006 has introduced too many choices, therefore too much supply! The question is: will there be demand for all these products? As the proof and unc coins are normally positioned for the collector community, are there enough $'s to keep the demand high?

 

the question is i am out of money right now would you guys recommend i buy it anyway and put it on my card even if i cant pay it back for at least 6 months? thanks.

 

Only you Dear Spock can make that call....

RickieB

 

I know but what i want to know is what would you guys do if you were in a similar predicamnet?

 

No, no, no, no, no and no, I would never advise anyone to extend credit. The interest payments will cut into any possible gains. Try a home equity loan. The payments are more managable and the interest is tax deductable.

Ok ...before you say ...yeah ..that's a great idea...it was A JOKE.

Don't mortgage the farm for some stupid coins. If you can't afford them when they are available ...don't buy them. It's that simple. Well that's the way I look at it. I admit it's frustrating when all this good stuff hits the shelves at the same time...but darn it. I need to eat and the wife needs a new pair of shoes! Maybe she could go barefoot for 3-4 months...lol.

Pay as you go.


I would not buy ..its that simple.

In my honest opinion, when a man reaches for his credit card to buy coins, he needs an intervention. The hobby is reaching the level of obsession and he needs serious counseling before it ruins his family life. I've seen coin addiction reach the level of alcoholism. It happens and there is nothing wrong with asking for help before you get into serious credit card debt. It's not worth it.