25Th ASE Sets Going For $850

Discussion in 'Coin Chat' started by For My Son, Nov 10, 2011.

  1. For My Son

    For My Son New Member

    I am now witnessing single 25th Anniversary ASE sets selling for $850 on ebay. If people are selling them for that much as soon as they receive them, I am interested in what the community thinks they will be valued at in say 10 years? I know this is difficult to gauge but lets have fun and give a prediction!!
     
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  3. GDJMSP

    GDJMSP Numismatist Moderator

    All you have to do is look at the past to know the approximate answer. We just don't know the time frame.
     
  4. For My Son

    For My Son New Member

    Come on lets have some fun! What is your prediction?
     
  5. coleguy

    coleguy Coin Collector

    Ok, I'll play. I say they'll be worth $50 over their initial sell price in 10 years time. Why? Because by then the Mint will have released two more anniversary sets with pseudo "rarities" and the attention will be elsewhere. People will realize 100,000 modern examples all in pristine condition and accounted for are not rare or by any definition.

    Thats just my fun guess.
    Guy
     
  6. For My Son

    For My Son New Member

    Interesting, however, even though the mint will have released 2 more anniversary sets this set will/should keep its rarity. I hope! There is always interest elsewhere no one coin remains the most popular item, category or set.
     
  7. Vess1

    Vess1 CT SP VIP Supporter

    In 10 years silver could be $100 an ounce or more. There won't be 100,000 all together as a set in original packaging in 10 years. There isn't now. Maybe half of them will be left together as a set by that time. Maybe less. $1k wouldn't surprise me.
     
  8. For My Son

    For My Son New Member

    That is a great point. In fact I saw on ebay that someone was selling just the Uncirc W mint, Proof W and the Bullion no mint mark coins and keeping for themselves the Reverse Proof and the uncirc S. Already breaking the set and it sold for $211
     
  9. medoraman

    medoraman Supporter! Supporter

    My cloudy crystal ball prediction depends on future "rarities". If future anniversary sets are more like 250k mintage, and silver stays up, I say $1,000 a set easy. If they come out with another 40 or 50k rarity, these will go down since they will no longer be a key people focus on. In that case I say $400 even if silver stays relatively up.

    In either event this will be something cool for my son to have when he gets older. Hope he won't sell the set to fill his gas tank. :(

    Chris
     
  10. For My Son

    For My Son New Member

    Chris, lets hope a gas of tank is not $400!
     
  11. medoraman

    medoraman Supporter! Supporter

    Here's to hoping, but my Escalade already costs $100 to fill. :(

    Chris
     
  12. For My Son

    For My Son New Member

    and thats regular unleaded...:eek:
     
  13. rodeoclown

    rodeoclown Dodging Bulls

    One could also argue that in 10 years silver might be $20 an ounce and the demand for these is no where near the demand immediately after they've been released. It's just a frenzy now, I'd likely suspect the only reason the demand or cost will stick around is the one coin in the set that has a limited production of 100k.
     
  14. For My Son

    For My Son New Member

    This too is a very good perspective. However, I find it very unlikely, not impossible because we are all predicting, that silver will be ever back to $20 an oz. Similarly with that said gold would be at around $1100. I seen stranger things happen...
     
  15. Vess1

    Vess1 CT SP VIP Supporter

    There's two in the set with a limited production. BTW, the 20th set is still worth over 3x issue price and that only contains one unique coin with 150k more mintage. Why hasn't that frenzy died down? It's 5 years old now.
     
  16. coleguy

    coleguy Coin Collector

    It has, Vess. That coin is going for less than half the price the secondary markets saw the first year. Still not cheap, but for those that paid the frenzy prices, they'll never see that money again. Thats whats happening now with this set.
    Guy
     
  17. Vess1

    Vess1 CT SP VIP Supporter

    Maybe people did overpay for it at first. I won't argue that. But it has settled back down to over 3x it's issue price. This has 150k less mintage. To apply the same factor to this set, which is rarer, with two more coins, it would have to settle back to $900+. They're going for less than that right now. I don't see them going cheaper than this but time will tell.
     
  18. mikem2000

    mikem2000 Lost Cause

    My guess would be around $200. Sorry to be such a downer, but I really don't agree with most of this board about silver "guaranteed" to go up. If not $200 then somewhere at a slight premium over melt.


    Why?
    Because 100,000 surviving pieces is common, not rare. The US mint will continue to pump out new "special" sets until they are all no longer "special" so people will lose interest, sanity will return and prices will fall. Can you say Beenie Babies?

    Mike
     
  19. medoraman

    medoraman Supporter! Supporter

    Mike, I don't collect these, (or any US coins anymore), but aren't other scarcer mintages of the series still relatively highly priced? 100k may seem like a lot, but relative to total collectors of these I don't think it is. If the 95W and the 2006 RP would have collapsed in price by now I would probably agree with you.

    So are you saying you believe that the 2006 RP may also drop down to say $40 and the 95W drop down to say $400 as well? That is the relative price relationship I would see if you are only saying the two keys in these sets will only be worth about $60, ($200 - 80 for the other 3 coins, estimate of course).

    Not arguing, just asking how you believe your view would play out overall.

    Chris
     
  20. rodeoclown

    rodeoclown Dodging Bulls

    Exactly! The price will settle once the frenzy is over. The 20th Anniversary set is not in a frenzy per se, since well, you don't see eBay notices about the sales of them nor do you find dozens of Topics on it on forums like this. That tells me, the frenzy for the 20th set is over and been over for quite some time already. :)
     
  21. VetStudent

    VetStudent Junior Member

    $1000 in the next few years


    Geez, there's some grumps on here with a bad taste in their mouth over modern coins. I bet they were the same ones trash talking the UHR gold eagles. Thank goodness these folks don't have a more stressful hobby than coin collecting cause they'd likely go postal.
     
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