2019 S enhanced ASE Proof future

Discussion in 'Coin Chat' started by Jeffjay, Feb 22, 2020.

  1. Jeffjay

    Jeffjay Well-Known Member

    Just wondering people's thoughts on the future pricing of the 2019 s enhance proof Silver Eagle.
    Prices have come down significantly but will they go lower? Will the price level off and stay there? At this point there are only a handful selling on eBay each day.
    GoldFinger1969 likes this.
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  3. TypeCoin971793

    TypeCoin971793 Just a random nobody who doesn’t know anything...

    Give it a year. That’s about how long it took for the gold Kennedys to drop to a modest premium over melt
    wxcoin and GoldFinger1969 like this.
  4. Mike185

    Mike185 Well-Known Member

    They will level out about 600-800$. I think. But I’m still pissed I didn’t get one. Lol. 7 devises and a waste of time....

    the mint needs to reevaluate the website...
    chascat, onecenter and GoldFinger1969 like this.
  5. Jeffjay

    Jeffjay Well-Known Member

    Don't know if the gold Kennedy is a good Bellwether considering there were 75000 of those minted. Also it's not a coin needed to have a complete Kennedy set.
    Santinidollar and GoldFinger1969 like this.
  6. green18

    green18 Sweet on Commemorative Coins Supporter

    Give it one more year or two. I think it could come down a bit from its' current pedestal.
    GoldFinger1969 likes this.
  7. GoldFinger1969

    GoldFinger1969 Well-Known Member

    You're not suggesting it'll fall to the original selling price, are you ?

    I haven't checked prices lately -- are 70's or 69's under $1,000 ?
  8. GoldFinger1969

    GoldFinger1969 Well-Known Member

    March Update: OGP's asking on Ebay $995.....actively bid PF 70 with high COA about $1,500....PF 69's getting no love with asks of $1,500.....don't see anymore ridiculously priced 5-figure asks for super-low COA's; a few were bought at reduced prices or a lower offer accepted.
  9. Santinidollar

    Santinidollar Supporter! Supporter

    If you really want one, just let those that are unsold continue to gather cobwebs. All that is required is patience.
  10. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Quite honestly, I don't. Not at current prices and probably not even at 1/2 that price.

    I might pay 4x or 5x the original price. But I am not a collector of the series so I don't "need" it. Would rather save the $$$ for a 1907 HR.

    Every little bit counts !!:D
  11. baseball21

    baseball21 Well-Known Member

    There's no comparison between the two.
  12. MK Ultra

    MK Ultra Active Member

    I think the issue is that it's a manufactured collectible. It'll have a floor, but that kindof depends on who's selling. I've noticed that many dealers quip, "I paid $X, I can't sell it for less than that".

    I think b/c of the hype many people bought it that don't care, but I suspect most have sold those already. I saw one at the West Chester, PA show, still in the box it was mailed in. Price was $1,300 obo. I saw 5 last month at a show in Burlington, NJ but didn't bother asking the price.

    I could see this dropping to a $400 to $600 range because so many people bought on speculation.

    What I would like to see the mint due in the future is offer all items with unlimited mintage figures, but only produce, within 10%, as much as was ordered. I suspect if they offered an ASE at $65, they'd get roughly the same number of orders wihtout all the angst. Maybe the first one or two will have astronomical orders due to speculation, but once people are left holding the coin, future orders will level out.
    GoldFinger1969 likes this.
  13. baseball21

    baseball21 Well-Known Member

    The majority of people lose interest when it's unlimited. The 2013 special set is the only one that can be found at or under issue price because the mintage was unlimited.

    People want things that are hard to get then complain when they miss out, many of the same people will instantly lose interest when it's super common and just another modern widget
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  14. onecenter

    onecenter Member

    That is what I plan to do.
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  15. GoldFinger1969

    GoldFinger1969 Well-Known Member

    I agree, but why do you think the Kennedy Gold lost virtually all of her premium after all the hype, the ANA fiasco, etc. ?
  16. baseball21

    baseball21 Well-Known Member

    Price was high to begin with, it was in gold when the series is silver/clad, many viewed it as sort of a gimmicky issue and not necessary for their set, mintage was high for a gold collectors only coin especially one that's a proof, even with moderns Kennedy's aren't the most popular series, each one of those special 3 gold coins got less interest than the one before it, the ANA debacle with dealers paying homeless people to stand in line didn't do it any favors, lots of reasons really and many expected it too.
    Last edited: Mar 3, 2020
    GoldFinger1969 likes this.
  17. GoldFinger1969

    GoldFinger1969 Well-Known Member

    BB21, so to sum up: the 2019-S ASE is part of a regular series and combined with low mintage....voila !?! :D
  18. baseball21

    baseball21 Well-Known Member

    Million times more popular series and yes there are many ASE people who want one of everything and many others that just do the special issues etc.
    GoldFinger1969 likes this.
  19. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Plus the Original Price was $69 vs. $1,000 or whatever for the JFK Gold.
  20. baseball21

    baseball21 Well-Known Member

    Simpler than that, you can ignore everything else and just go off the fact that ASEs are the most popular modern series by far and one of the more popular series overall.
    Jeffjay and GoldFinger1969 like this.
  21. Conder101

    Conder101 Numismatist

    I hope they like having their money tied up then. Smart business man when he finds he has his money fired up in a long term non-producing asset gets out even if he takes a loss so as to keep his money turning.
    GoldFinger1969 and MK Ultra like this.
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