2009 UHR availability comparable to future 25th set availability?

Another thread on here made me curious to see what the availability of the 2009 UHRs is on ebay at this time. This is another beautiful, previous product from the mint that has increased in value by about 3x and has a comparable mintage to the 25th ASE set. As someone else posted there were actually 15k MORE of these UHRs produced than 25th ASE sets.

It is interesting to see that currently on ebay, (only 2 years later despite the profit potential) there are a total of 26 - 2009 UHRs for sale. Most graded. Only TWO in OGP. Some priced so high they won't sell so they almost don't even count. So while it seems that there is an endless supply of 25th ASE sets available right now (16 pages worth), two years from now that most likely will not be the case. These are very similar situations.

I thought some here would be interested to know this. I have no motivation for the prices on these to go either way as I'm not selling any more. Just thought I'd bring it up.

 

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It should be noted that it took more than a year for the UHRs to sell as many as the ASE 25th set did in one day. It wasn't subject to a huge flipping market that we see with the ASE-25. Hence, one could conclude that only collectors bought them in the first place. The UHR is also a design that was created in the early 1930s, but the US Mint at the time lacked the technical capability to produce the coin at that time. In 2009, they did. The US Mint included a book with the coin that explained this history. It's a coin that people have been looking at for 70+ years and which has world wide interest. The UHR stands on it's on as it's not a proof version of a modern coin which is being produced by the millions.

Thus, I don't think the modern ASE-25th set is of the same pedigree and therefore, I don't think the UHR is a predictor of how well the ASE-25 is going to do.

 

I agree with both views. Anyone who wanted the UHR got one. And since it is so expensive that group is small. On the other hand the 25th ASE is more akin to the Model T Ford. Although they are of different "pedigrees" the targeted markets may act much alike.

 

Here's the link to the other thread mentioned in the OP:

Ungraded UHRs are now worth $3000

A good number of folks in 2009 thought the UHR would end up just some bullion coin of not much value over spot. There were also problems with availability of blanks throughout that year and yet after these coins were no longer available we learned there were loads of unused blanks and already struck coins sitting around at West Point mint that needed to be melted.

"There were over 67,240 unstruck gold blanks for the UHR coins left over and some 85,227 stamped coins sitting at West Point Mint waiting to be melted down for other coin programs after the coins went off-sale."

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I made no reference to what the value will be of the 25th sets. I was mainly focusing on what availability would be compared to now. It should not be a surprise that a $300 set could sell out much faster than a coin that was originally $1200 to $1400 a piece. Not everybody had the budget for one and those that did may not have been willing to blow it all on one coin.

One could argue that there is a much larger collector base for the 25th sets because they are more affordable than the UHRs. Even at more than double the issue price, they are more affordable to a larger group of collectors.
I would have thought there would be more people flipping UHRs with the huge profit potential and the bad economy but that doesn't appear to be the case. The 25th set flipping will come to an end eventually.

 

Yeah that is a real shame all those blanks and struck coins were melted down. Heck I would have been glad to store them in my basement for only a handful of blanks I could easily fit 30~ monster boxes in my basement for them... for safe keeping

I do remember a lot of people claiming the UHR's would be just bullions coins and all I could do was laugh at them. I do think the comparison of the 25th SAE set is very compareable with the UHR. I remember also that many dealers were offering to buy the UHR's for a very quick profit initially paying $300-$400 over issue price for unopened mint packaging just like these. Somehow just because flipping has become an easier and more popular thing to do, does not mean that the collector market has dried up and a 100,000 mintage is hardly comparable to the numbers of collectors out there who want or will want this set.

We are all pretty informed around here but I guarantee there are still lots of collectors out there who are still hardly aware of this set. After all it only went on sale a month ago! Let's not forget that all of the sets which are graded and selling for high dollars now are more then likely being purchased by collectors who are going to store them away for many many years and will not likely sell them for less then they paid, thus thinning out the market of available sets.

Without straying too much, do a quick search of Ebay for the 20th anniversary set, I did and just for 139 active listings. This is for a set with a 250,000 mintage which is only 5 years old and you could NOT ask for a better time to try and sell them!! Now divide that mintage by 2.5 and you have a good comparison for the 25th set which would make about 55 sets available. Quick pricing breakdown from ebay completed listings on average~

Unopened sets from mint going for $500~ 5x issue price
MS70/PF70 sets selling for $1300~ 13x issue price
MS69/PF69 sets selling for $475~ 4.75x issue price
Opened OGP sets selling for $375~ 3.75x issue price

Original issue price of $100~ so now they are commanding quite the premium now... plug those numbers into the 25th Anniv set and see what happens to the price per set...

Unopened OGP = $1500
MS70/PF70 sets = $3900
MS69/PF69 sets = $1425
Opened OGP sets =$1125

I think that these are very realistic numbers in 5 years... only time will tell!

 

Pcgs has a good price list after it been graded.
3k in low if 2009 UHR grade PL 69 or 70.
here the price.:kewl:

http://www.pcgs.com/Prices/PriceGui...1&c=941&title=Ultra+High+Relief+Double+Eagles