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2012-S Silver Eagle On Hsn

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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 01/08/2012  3:20 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply

Quote:
I believe there is a chance that these may be worth a bit of a premium one day too....nothing crazy, but perhaps worthwhile


Anything is possible but I would much prefer the same coin in a PCGS slab than an ANACS (and at half the cost)
Valued Member
BuffaloBonehead's Avatar
United States
333 Posts
 Posted 01/08/2012  4:38 pm  Show Profile   Bookmark this reply Add BuffaloBonehead to your friends list Get a Link to this Reply
I would prefer to be the guy that sold those at such an insane premium. I bet they made around $400k not including the money spent on recurring overhead.
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wvparadox's Avatar
United States
114 Posts
 Posted 01/11/2012  10:17 pm  Show Profile   Bookmark this reply Add wvparadox to your friends list Get a Link to this Reply
I also watched this presentation, very slick, very entertaining.
I can see how this would appeal to someone just getting started in collecting, especially with the $15-16 wood case and the 4 ANACS grading submission forms (worth $20 each) they were giving you the ASE for $3 !
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bishftl's Avatar
United States
1022 Posts
 Posted 01/30/2012  03:21 am  Show Profile   Bookmark this reply Add bishftl to your friends list Get a Link to this Reply
i received one of the HSN FDOI 70 as a gift. I won't complain. Now my question is will the low serial number commmand a premium in the future, I got #407 of 13,000+ W mint.
Edited by bishftl
01/30/2012 03:22 am
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Freedom's Avatar
United States
526 Posts
 Posted 01/30/2012  07:13 am  Show Profile   Bookmark this reply Add Freedom to your friends list Get a Link to this Reply

Quote:
ANACS 70 = PCGS 69. Sorry, no other TPG has the clout to carry premium pricing at that grade. Want a case in point, on ebay right now is an ICG Ike PR70 from 1973. PCGS has never given one that grade and the dozen or so 70s they have graded sell for thousands of dollars. The seller on this auction allows no refunds and is offering it for $230. Remember, its a bargain if its really a 70... wanna take that risk and spend 10x the value of a 69? And as for the Eagles? collect them because you like them or collect them because you want to buy silver coins- don't buy them as an investment- especially slabbed ones- b/c there's little hope at these coins being wiped out and becoming rare. The only rare Silver Eagle is rare b/c it was coupled with a gold set that most Silver collectors couldn't afford.


I disagree on this. If AG ever reaches $100.00 dollars as predicted in the next decade, it will not matter as you will get less than a raw eagle. With that said, there are so many different labels, strikes and whatnot for the ASE that I have raw set in a Dansco and an MS69 NGC set complete except for the 25th Anniversary edition. I love eagles that are slabbed and can be had for a relative, easy on the wallet, price. MS69 is far cheaper than an MS70 and like I said, once silver reaches $100.00 who cares. I collect them because I can handle them at will without worrying about damaging the coin/bullion.

Anyways, to each his own, I am not arguing your point I am merely stating mine.



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clairhardesty's Avatar
United States
1027 Posts
 Posted 01/30/2012  5:37 pm  Show Profile   Bookmark this reply Add clairhardesty to your friends list Get a Link to this Reply
The mint has sold just over 6 million SAEs so far this month (some of which are certainly still 2011 dated coins) and over 243,000 gold eagles as well. the gold total is more coins than sold in any month last year and the total ounces (122,500) is second only to last January (133,500 ounces in 153,500 coins). The mint has geared up SF to produce bullion SAEs at roughly the same capacity as West Point, remember that the SAEs (bullion and proof) started at SF in 1986. It will be interesting to see if they can set another record year in SAE sales, with SF fully on line 50 million should be easy to reach if demand warrants (that would be roughly 100 coins per minute around the clock for 365 days, 100x60x24x365=52,560,000). Last year's production of SAEs averaged just under 80 coins per minute (including all varieties of SAEs). The introduction of these possibly annual special sets is a good way to make use of slack time on these new presses in SF.
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