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American Eagle Program – Enrollments Likely to Consume All Inventory
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<p>[QUOTE="John Burgess, post: 8200005, member: 105098"]Blah. The proof and uncirculated Silver eagles while silver, and I suppose popular, rarely make back their purchase price and doubtful they make back the purchase price now with the big price increases of the past year.</p><p><br /></p><p>I get it why people would all race to enroll for them, but I also been buying proof silver eagles for a long time and only ever really get ahead on them when silver runs up in price.</p><p><br /></p><p>If you collect silver eagles that's great, I can take them or leave them and I'm not a completist when it comes to them. I'll continue picking up the lower mintage or special finish ones that I like that aren't on enrollments. Besides I'm sure most of that enrollment is filled up with the resellers anyways looking to grade and flip with a markup we all know who they are, if I won't pay at issued price, I'm not gonna be buying from them either for even more money.</p><p>And yeah, if the mint wants to be dumb and make hundreds of thousands of them, BUT not enough to meet even the enrollment demand, that's their prerogative. But I personally won't be the sucker falling for the "get it while you can! Join the club!" Marketing ploy. They will still be everywhere for sale, the majority won't make it into collector hands directly and will be sold on the secondary market if people will pay the price.</p><p><br /></p><p>It's a dumb game and I'm not playing it.[/QUOTE]</p><p><br /></p>
[QUOTE="John Burgess, post: 8200005, member: 105098"]Blah. The proof and uncirculated Silver eagles while silver, and I suppose popular, rarely make back their purchase price and doubtful they make back the purchase price now with the big price increases of the past year. I get it why people would all race to enroll for them, but I also been buying proof silver eagles for a long time and only ever really get ahead on them when silver runs up in price. If you collect silver eagles that's great, I can take them or leave them and I'm not a completist when it comes to them. I'll continue picking up the lower mintage or special finish ones that I like that aren't on enrollments. Besides I'm sure most of that enrollment is filled up with the resellers anyways looking to grade and flip with a markup we all know who they are, if I won't pay at issued price, I'm not gonna be buying from them either for even more money. And yeah, if the mint wants to be dumb and make hundreds of thousands of them, BUT not enough to meet even the enrollment demand, that's their prerogative. But I personally won't be the sucker falling for the "get it while you can! Join the club!" Marketing ploy. They will still be everywhere for sale, the majority won't make it into collector hands directly and will be sold on the secondary market if people will pay the price. It's a dumb game and I'm not playing it.[/QUOTE]
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