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Replies: 147 / Views: 20,302 |
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Moderator
 United States
189222 Posts |
Going to be an interesting ride. 
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Pillar of the Community
United States
1044 Posts |
Are there any legalities that would prevent the mint from minting and selling more of the exact same ASE that came in the Pride set?
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Bedrock of the Community
13014 Posts |
Quote:Are there any legalities that would prevent the mint from minting and selling more of the exact same ASE that came in the Pride set? Nope. They re-released the 2012 S proof in a second set later in the year that they new was coming all along and didn't tell anyone until after the first sets sales were long over. As a result most people didn't really care about the 2013 set.
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Pillar of the Community
United States
2815 Posts |
Quote:Quote: If that's the case, then their 110k mintage limit shown on the website for the Pride of Two Nations set would not be correct. Quote: True. It was a total mintage limit. The product limit was 100k. Therein lies the problem. It wasn't a mintage limit to begin with- only a product limit. This will likely be the same coin reissued as a single coin product.
Edited by Darth Morgan 09/11/2019 10:39 am
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Pillar of the Community
United States
1913 Posts |
Quote: Therein lies the problem. It wasn't a mintage limit to begin with- only a product limit. This will likely be the same coin reissued as a single coin product. The other 10k were sold in the Canadian set, so they should be right at the mintage limit of 110k.
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Pillar of the Community
United States
1667 Posts |
The 2019 Silver American Eagle Enhanced Reverse Proof coins had a Mintage limit of 110,000. THe U.S. Mint had a product limit of 100,000, and canada mint had a 10,000 limit. https://catalog.usmint.gov/pride-of...uct-scheduleMy understanding is the 2012 Silver Eagles thing were "struck to demand" and didn't have a mintage limit, people got triggered when they ended it, then offered it again in a different product just a bit later, assuming that that would be the final mintage when they ended sales for the first offering of it. I really don't see how they just strike more of these same coins when it's clear it had a 110,000 mintage limit advertised. Sounds a lot like fraud if they did it, advertising something for sale, for a profit, and claiming a mintage limit and then just minting more. The two situations aren't the same, but I bet the reaction would be if they did it here also. Maybe worse. That said, I think they are doing something different with the 2nd one that is upcoming, maybe an S mintmark, or "enhance" it differently. Honestly, I think the S mintmark is the most likely thing to happen, because I can't see them being that incredibly stupid to knowingly commit fraud by advertising 110K mintage limit and then minting more of the same coin. They sold 99,734 according to their sales figures so they only have 266 unaccounted for or unsold left. Canada got their 10,000. I don't think they would do something like this listing, to get rid of the 266 unsold, unless they maybe miscounted on the maple leafs and have 266 singles left they can't make a set out of..... still doesn't make much sense to go through this trouble to offload 266 singles really, easier just to melt them down.
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Valued Member
United States
430 Posts |
The enhanced reverse proof ASE standalone coin is minted in San Francisco instead of West Point (where pride of two nations coin was minted), per federal register: 
Edited by mellamobradley46 10/07/2019 11:00 am
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Pillar of the Community
United States
1667 Posts |
thanks for the info mellamobradley46! Some of you blow my mind on how you get informations lol
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Pillar of the Community
 United States
1026 Posts |
We now have a date - Nov14.
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Valued Member
United States
430 Posts |
Only a few mysteries left: will there be any changes to the reverse? will this be another ongoing coin like the S minted proof? mintage limit?
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Pillar of the Community
United States
2477 Posts |
good questions for sure, same thing is on my mind, too.
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Pillar of the Community
United States
1667 Posts |
Went to look at the mints website again. this product shows Mintage Limit: 30,000 Product Limit: 30,000 Household Order Limit: 1
This silver eagle will have 125 coins less minted than the 1995-W and will be the new Key date to the collection. their $65.95 sale price would be probably worth it considering what the 1995-W sells for now.
Just speculation of course, but I think the 30K is going to sell out in minutes.
Any thoughts from any of you on it?
Anyways, Heads up, don't sleep on this one I don't think. :)
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Pillar of the Community
United States
1913 Posts |
That is truly unbelievable. They really don't have a clue about the market they're selling in to. I guess I know what I'll be doing at noon on November 14th. It will literally sell out as fast as the website can process the orders. Everybody and their brother is going to try to get one.
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Valued Member
United States
430 Posts |
Probably sell out in a minute or two depending on how often the site crashes I say probably got a fifty percent chance to get one even if I'm logged in and have everything ready to go.
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Pillar of the Community
United States
2477 Posts |
i concur with the three posts above this one.
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Replies: 147 / Views: 20,302 |
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