Second 2018 Proof ASE Coming

I'd prefer ALL issues be mint to demand. Does that destroy the flipping market? Yes, that's the whole point!

 

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Destroys more than that. Destroys their whole market. People don’t want mint to demand, just makes whatever the product was automatically junk. It would be especially true in this case since they’ve done S proofs before. Even the RPs were completely destroyed with the mint to demand

 

Spoken like just one of the hundreds of people who are only into coins for what THEY can profit from. I'd rather see the revenue go to the Treasury.

 

I barely like big Walkers with the boring reverse I mean ASEs to begin with. I’m also not in the habit of getting the over produced modern junk the US mint is putting out. So yes it needs to be limited and have some potential for me to get excited. Mint to demand means it has no potential.

 

Except to GIVE MORE COLLECTORS AN OPPORTUNITY TO GET ONE!!! Which is, after all, what the point is supposed to be. Not to enrich flippers and dealers.

 

The majority of collectors lose interest once it’s mint to demand. Most collectors like the chase and things that are hard to get.

 

I'll be waiting to see Mike Mezak's spiel on this coin... nothing will surprise me, not even his selling price.

 

I really hope not. After the gold Kennedy fiasco in 2014, I thought that the ANA and the Mint both agreed never to do something like that again.

 

They might have, but they sure did the same thing last year at Denver with the Special Enhanced Uncirculated Set.

 

They did, and it lasted two whole years, and then like Kurt said they did it again at the ANA in Denver in 2017.

 

They did it on the theory that in 2014 what made people nuts was "gold". Now I happen to believe in that theory, and 2017 was a bad afternoon of line waiting, but that was because they allowed dealers to stuff the line again. Make one line for bulk sales, and one for retail, like maximum 10, and things will go much smoother.

If they ever do it again with ANY kind of gold coin, I'll resign.

 

I take it from the previous posts that the mint has not specified what the mintages for both the reverse proof set and the proof ASE with "S" mint mark

 

I don’t believe that theory myself. It was the per person limit that made those lines crazy. It was 1 per person maybe 2 max so there were a lot of people being paid to stand in line or offered a quick profit if they stood in line and bought one. You could argue that the gold was what got some dealers excited enough to pay people to be in line and there may be some truth to that, but ultimately the lines are just a simple math problem of how many people it takes to sell the product out.

Lines like that would repeat for any product with a sale limit of 1 that has people excited at the moment.

If you really wanna see a crazy line do a D mint ASE with a 75k or less mintage and a show release

 

I seriously doubt we'll ever see a Denver proof ASE. That mint building is packed with equipment and it's small. Running an ASE proof line would require moving something else out. Now the burnished uncirc. ASE? That might be made to happen, but I still don't think so. I know there have been D commem halves, but I don't remember - any commem dollars since the 1984 Olympic?

 

Keep in mind - 2014 gold Kennedy WAS "mint to demand".

 

In my opinion, a fair way to present the S mint proof ASE is to present a 50k release at the ANA show and have a 2 week selling window online and the gift shops at the mint locations

 

How about the reverse proof set in July? At the Philly mint forum a couple of years back, they announced that was an ongoing set, then supposed to start in 2017. I guess they decided to substitute the Enhanced Uncirc. last year. But expect a reverse proof set every year going forward. It's so, so, so Canadian, isn't it?

 

Weren’t there in 88 for the omplyics again and the 2001 Buffalo off the top of my head.

They could have any finish and the first D ASE would have a line that put the Kennedy one to shame

 

Just trying to think if they have a press that would handle them.

 

I just checked 2001 looks like the last commemorative silver dollar from Denver.

They could also just drive some people crazy and borrow Dans press for a D ASE