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 Replies: 145 / Views: 15,602 |
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Pillar of the Community
United States
509 Posts |
What is the potential upside of value on this coin? I really like it, but with no house or mintage cap, is there any chance of it appreciating over the next 10 years? I'm not an ASE proof collector or at least "yet" |
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Pillar of the Community
United States
1044 Posts |
Quote:What is the potential upside of value on this coin? I really like it, but with no house or mintage cap, is there any chance of it appreciating over the next 10 years? I'm not an ASE proof collector or at least "yet" *** Edited by Staff to add quote tags. Please use them in the future. Posts are very difficult to read without them.***Probably not. In fact I would be quite surprised if it does. I mainly chose to buy today because I just got into coin collecting, this is my first proof coin purchase and wanted to it get it direct from the mint. Otherwise I might have waited and got it cheaper on ebay. |
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Pillar of the Community
United States
4901 Posts |
I would agree with the minimum upside potential for this proof. Unlimited mintage and also included in other products.
This is a perfect scenario for (if you are slab collectors) buying a nice PF 70 from a 3rd party ....not worth paying to submit your own....
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Pillar of the Community
United States
1044 Posts |
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He is selling products in excess of their normal value and everyone has the option NOT to buy them. Not a con man by definition but a good salesman....
Those who do not do the research will be the buyers but that is their option...to buy blindly or check out the true current selling price. *** Edited by Staff to add quote tags. Please use them in the future. Posts are very difficult to read without them.***True, though he does exaggerate (or flat out lie, depending on how you look at it) the value of a lot of the coins he sells. That's actually what got me started looking into how much some coins were actually worth. I was thinking "Wow, if they're worth that much that's a really good deal". One time he was quoting values of between $4-$13 each on the Presidential dollars. Not the proof ones either. |
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Pillar of the Community
United States
1911 Posts |
Trying to think it through if this one should be included in my Silver Eagle type set... technically it is a different type with the edge lettering but looking at it from an album you can't tell... hmmmm
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Pillar of the Community
United States
1044 Posts |
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This is a perfect scenario for (if you are slab collectors) buying a nice PF 70 from a 3rd party ....not worth paying to submit your own.... *** Edited by Staff to add quote tags. Please use them in the future. Posts are very difficult to read without them.***That's actually what I was thinking. Was originally going to buy two and send one in to get graded but figured I might be able to get it cheaper later on through 3rd party. |
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Pillar of the Community
United States
7390 Posts |
I will wait until the burnishedand Reagan set comes out and buy all 3 then  |
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CCF Master Historian of USA Commemoratives
 United States
12311 Posts |
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Trying to think it through if this one should be included in my Silver Eagle type set... technically it is a different type with the edge lettering but looking at it from an album you can't tell... hmmmm I don't think there's any doubt that the new 30th Anniversary ASE is a distinct type in the series. It has an intentionally different design (on its edge) which is central to the definition of a "type coin." Time to pony up and click the "Add to Bag" button! Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Pillar of the Community
United States
1913 Posts |
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I will wait until the burnishedand Reagan set comes out and buy all 3 then And I'll wait until the 30th Anniversary Set comes out and buy them then. If that doesn't happen, I'll follow your plan. |
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Valued Member
United States
245 Posts |
Why don't they do a small mintage on this coin? A run of 50k-75k would allow for some nice ROI...the US Mint needs to learn and understand this. The whole ASE series, which is a stunning coin, is so over minted. I get a kick out of the 96 ASE going for premiums because of a supposed small mintage of "only" 6 million. Folks, 6 million is NOT rare in coin circles. 5k or 10k is rare. |
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Bedrock of the Community
 United States
12853 Posts |
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I will wait until the burnishedand Reagan set comes out and buy all 3 then. So you think the Reagan set's ASE will be another variety? I haven't read anything to lead me in that direction but I hope you're right! Quote:I don't think there's any doubt that the new 30th Anniversary ASE is a distinct type in the series. It has an intentionally different design (on its edge) which is central to the definition of a "type coin." Time to pony up and click the "Add to Bag" button! Agreed and agreed! Quote:
Why don't they do a small mintage on this coin? A run of 50k-75k would allow for some nice ROI...the US Mint needs to learn and understand this. Because the U.S. Mint is a business and doesn't care about the secondary market or our ROI. As long as they can sell us 500k (or whatever) ASEs at 54 bucks a crack, they're going to stamp out as many as we'll snap up. Edited by CelticKnot
09/17/2016 01:17 am
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Pillar of the Community
United States
7390 Posts |
No. I think they'll be the same. I just want a Reagan set or two as he was a family friend of my dad & gradndpa. The individuals I need for my w/ proofs (& sp's) album
Edited by Cascade
09/17/2016 01:43 am
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Pillar of the Community
United States
4901 Posts |
When there is a limited low mintage coin there will always be those who are upset they couldn't get one. When there are unlimited or ridiculously high mintage products there will be the "not worth the effort" group (usually I am in this group  ) The Mint never finds the correct in between point...it's either 12,500 medals or 150,000 Regan sets (still can't believe that number  )...what ever happened to 50,000? It's a nice number..... |
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CCF Master Historian of USA Commemoratives
United States
12311 Posts |
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Why don't they do a small mintage on this coin? A run of 50k-75k would allow for some nice ROI...the US Mint needs to learn and understand this. The US Mint is not in business to ensure "nice" ROI for collectors of its products. It's not their mandate. There are many, many collectors of ASEs. Personally, I'm glad to see that the Mint is allowing as many collectors who want one (or more) of the anniversary coins the chance to buy them. It's a core product of the Mint and, IMO, it should be available to a large number of collectors without them having to pay inflated prices in the secondary market. Collecting history one coin or medal at a time! (c) commems. All rights reserved.
Edited by commems
09/17/2016 07:49 am
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Pillar of the Community
United States
4085 Posts |
I think I am going to have to get me one of these. That edge lettering gets me all worked up  |
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Replies: 145 / Views: 15,602 |
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Posted 09/16/2016 4:14 pm
