2016-W PF70 Silver Eagle for $5400 (?!)

Discussion in 'Coin Chat' started by NSP, Sep 2, 2017.

  1. NSP

    NSP Well-Known Member

    Yeah, you read that right, but it's only part of the story. Apparently the Mint sold only 5,966 of the 2016 Congratulations Sets, and coins certified with the "Congratulations Set" designation now have very high prices. Obviously the coin hasn't sold so the seller may not get their asking price, but still. I don't think anyone's posted about this yet; please discuss. Also, if any of you happened to buy a 2016 Congratulations Set, it's probably worth a lot more now than when you bought it!!

    http://m.ebay.com/itm/2016-Congratu...%3A4311967915e0a8666a664061fff717b7%7Ciid%3A5
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. Nathan401

    Nathan401 Quis custodiet ipsos custodes?

    I think it's crazy, but clearly there is a market for this sort of thing. Prime example of buying the label, not the coin.... in my amateurish opinion.
     
  4. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Personally, I hope the seller will be inundated with countless offers under $1,000.

    Chris
     
  5. Santinidollar

    Santinidollar Supporter! Supporter

    Same seller has another PF70 without the First Day of Issue for $3,200. So, he thinks that designation is worth $2,200.

    Me thinks he's nuts.
     
    mikenoodle and onecenter like this.
  6. Clawcoins

    Clawcoins Well-Known Member

    That's crazy
     
  7. baseball21

    baseball21 Well-Known Member

    He won't, the raw sets are selling for more than that
     
  8. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    If raw sets are selling for more, then the people buying them are stupid.

    Chris
     
    mikenoodle and Santinidollar like this.
  9. dwhiz

    dwhiz Collector Supporter

    Oh are it ended:rolleyes:
     
  10. Clawcoins

    Clawcoins Well-Known Member

    ONG
    WHY are the 2016s selling for so much?
    I have most of the years. I think I'll put mine up for sale for crazy money.
     
  11. baseball21

    baseball21 Well-Known Member

    Cus the 2017s got people interested in the series and basically none of the 16s had sold when they were pulled.

    I'd sell them right now if you can.
     
  12. Clawcoins

    Clawcoins Well-Known Member

    Here's mine
    Does anyone have numbers on the previous years?
    IMG_0943.JPG
     
  13. Santinidollar

    Santinidollar Supporter! Supporter

    The coin a lot of us paid $53.95 for with a plastic slab and a label.
     
  14. Clawcoins

    Clawcoins Well-Known Member

    Now I have to rummage through the shipping boxes as I think I bought it first day available. The stupid empty box might add to it's value ?!?!
     
  15. Clawcoins

    Clawcoins Well-Known Member

    Even the 2013s are pulling in $300
    2014s .. all of them. Time to pull them out and sell them.

    insane
     
  16. Santinidollar

    Santinidollar Supporter! Supporter

    Get em while they're hot!
     
  17. Clawcoins

    Clawcoins Well-Known Member

    Yup.
    selling them before people find sanity again.
    This will go to pay for the 2009 high relief double gold eagle, which in a few instances seems to have lowered in price even with gold going up.
     
  18. IBetASilverDollar

    IBetASilverDollar Well-Known Member

    I have a 2016-W PF69UCAM but doesn't say "Congratulations Set" is it not worth anything then?

    edit: never mind searched for it and got my answer

    so people are paying the huge premium just because the coin came in a Congrats set that had low mintage? Not gonna judge how people want to spend their money but ASE's are too funny to me
     
    Last edited: Sep 2, 2017
  19. Clawcoins

    Clawcoins Well-Known Member

    I missed selling my 2006 ?? Silver Proof Sets for insane money. I'm not going to miss this. I'll just buy them back a few years from now.
     
  20. Santinidollar

    Santinidollar Supporter! Supporter

    Here's mine. Never knew plastic and a label could be "worth" that much.

    I can't stand it!:wacky:

    IMG_0006.JPG
     
  21. Clawcoins

    Clawcoins Well-Known Member

    I think only the "Congratulations Set" are going for stupid money.
    The regular Proof OGP box is selling for $47 when I just checked.

    Yes, it appears that they are paying $1900+ for the cardboard.
     
Draft saved Draft deleted

Share This Page