Uncirculated Dollar Coin Set from US Mint: Includes an ASE!

Just got an email from the US Mint about a "new" 2014 United States Mint Annual Uncirculated Dollar Coin Set. It includes a 2014 Silver Eagle! Since when is the ASE considered a real dollar coin? I THINK this is a first from the Mint. Also includes the 4 Presidential coins and the Native American dollar. About $45.

http://catalog.usmint.gov/webapp/wc...&productId=17452&langId=-1&parent_category_rn=

Rob

 

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Well....an ASE has a face value of one dollar, so.....

The set is an easy way to profit greatly from a bunch of non-proof ASEs the mint has laying around.

 

2012 set is the key and price around $125.00 per set. 2013 should go up soon. but i did not see 2014 will be better than those two years.

 

... or a way to try to move some of the presidential dollars they can't get rid of.

 

I have my 2012 set BIN on ebay for 113

 

For $44.95 they should throw in a couple of them

 

Have they had a set like this in past years? A dollar set with an ASE? That's what I thought was new.

Rob

 

2007 set - 90,167
2008 set - 98,896
2012 set - 27,300
2013 set - 43,040

 

To Teddydog: "Excuse me, sir. Your ignorance is showing."



Rob

 

Its a key, even though the coins inside it are freely available for much cheaper? Sounds like a lot for the cardboard packaging to me, but if that is what you like collecting more power to you.

 

Well, the ASE in the sets is Burnished, so that adds a bit of value to the set.

 

It says that the SAE is uncirculated, not burnished. There is a difference.

Chris

 

It looks like you almost get the "other" 5 coins for free compared to the retail price of the uncirculated ASE. They want $42.95 for that, IIRC, and just $44.95 for the set. $2 for $5 face extra coins. But I think you don't "get" the little velvet box and extra packaging the retail uncirc ASE comes with for $43.

Is the uncirculated ASE the Mint sells the same as the bullion coins sold elsewhere for about $23? Or is it different (maybe West Point made & marked vs. no mark for the bullion)?

Rob

 

It is a West Point made and MM'd coin.
I believe it is a burnished coin (and I was aware of the difference, Chris.)

 

the 2013 set is increase to 43,156 from 43,040. based on today mint's report.

also if silver is based on $19.00 per ounce. i would say the burnished uncirculated single american eagle silver dollar mint's price should be $34.95 instead of $43.95. and the 6 coin set is only two dollars over at $44.95. the mint's price should be $42.95 instead. these prices were based on before how the mint set its price. the silver went down so many and yet the mint did not lower the price.

the silver proof should be $42.95 instead of $52.95. based on $19.00 per ounce.

 

Most silver products of u s mint are still based on $24.00 per ounce.

 

What most people don't realize is that nearly all of the SAE's (from the very beginning) were struck at the West Point Mint - uncirculated and burnished. It's just that the "W" mintmark was not placed on them for many, many years. The fact that the ad states that it is from West Point does not mean that it is burnished.

You would think that the US Mint would advertise them as such if it were true.

Chris

 

I did know many bullion strikes were produced out of the West Point mint, but did not know that this was the case ealier on in the series. I suppose I thought this was a more recent development. Good information.
You'd think that the Mint would advertise them as such. You really would.
However, the only non-proof issue to carry a 'W' mintmark is the burnished version of the coin. It's not like we're dealing with a whole different animal in these sets. If we were, they would be even more widely collected.

 

I don't see the value in these sets. I understand that people may only want to collect the "dollars" rather than the entire mint set, but all of these coins are also offered via other purchase variations. There is nothing special about the coins in the set.

I agree with Chris. I believe the ASE is the bullion version, not the burnished version.

 

Disagree, but can't find anything from the mint to support either side of the argument.
Bullion strikes have no mintmark, and never have.
Oh well!