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US Mint New Listing On Schedule For A 2019 Enhanced Reverse Proof American Silver Eagle

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Pillar of the Community
United States
1913 Posts
 Posted 11/09/2019  1:50 pm  Show Profile   Bookmark this reply Add Bret to your friends list Get a Link to this Reply
I think COA's 1, 2019 and 30,000 will command a premium. Other than that, they're just numbers between 1 and 30,000.
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Morgans Dad's Avatar
United States
5615 Posts
 Posted 11/09/2019  2:34 pm  Show Profile   Bookmark this reply Add Morgans Dad to your friends list Get a Link to this Reply
I too would enjoy just getting through and ordering one. ........ Good luck all..........
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wyzeguy's Avatar
United States
1044 Posts
 Posted 11/09/2019  8:53 pm  Show Profile   Bookmark this reply Add wyzeguy to your friends list Get a Link to this Reply

Quote:
These collectors probably won't care at all that the serial number is not related in any manner to the coin production. They will want a low COA serial number label and pay a premium for it.


Yup! You see it all the time with series that have individually numbered COAs. Having said that, I'll be pretty excited if I happen to get one that has a signed or low/unique numbered COA.
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MrPink2018's Avatar
United States
2474 Posts
 Posted 11/10/2019  5:04 pm  Show Profile   Bookmark this reply Add MrPink2018 to your friends list Get a Link to this Reply
i'll be there on the 14th to try to nab one. I don't expect that I will succeed and am considering a trade.

admins: in the unfortunate instance of my being unable to obtain the upcoming ASE on nov 14, if I wanted to offer up a potential swap to any ccf member who is successful at nabbing one, would I need to start a new thread or is it okay to post that thought in this thread?
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wyzeguy's Avatar
United States
1044 Posts
 Posted 11/10/2019  7:18 pm  Show Profile   Bookmark this reply Add wyzeguy to your friends list Get a Link to this Reply
I'm curious as to what ya'll think. If this were a regular proof instead of an ERP (same mintage, mint mark) would it be even more appealing? I, personally, think it would which is why I don't see it affecting the prices of the 95-W.
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United States
1913 Posts
 Posted 11/10/2019  7:41 pm  Show Profile   Bookmark this reply Add Bret to your friends list Get a Link to this Reply
I don't think the coin's finish really enters in to the equation. It's the low mintage alone that makes it extremely desirable.
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basebal21's Avatar
13014 Posts
 Posted 11/11/2019  06:09 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
I don't think the coin's finish really enters in to the equation.


It does without question. If it was a proof for uncirculated it would be in the thousands. It's the same concept of business strike vs proof vs collector finish
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 Posted 11/11/2019  09:57 am  Show Profile   Bookmark this reply Add Bret to your friends list Get a Link to this Reply
In typical unlimited mintage circumstances, I'd agree. However, I think that virtually the entire value of this coin is going to be determined by the limited mintage. If it had a bullion finish, I don't think that the value would be significantly different. Ultimately, there's no way for us to know. I'm just hoping that I get one.
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commems's Avatar
United States
12283 Posts
 Posted 11/11/2019  11:06 am  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply
From my perspective, it's a combination of factors that are driving the frenzy.

Yes, the low mintage is a major factor, but the coin's uniqueness can't be removed from the equation. The combination of "the only enhanced reverse proof ASE struck in San Francisco in 2019" + a mintage of just 30,000 coins makes for an excited market.

I believe a standard proof 2019 ASE struck in Denver would create a similar frenzy because it would also be a unique release, but 30,000 more standard proof ASEs struck in Philadelphia but inserted into a different package would not.

I don't think you can separate version from mintage when trying to explain why collectors are excited about a release. Would there be all of this excitement if the Mint had announced that the unique S-Mint ERP ASE would be struck to demand? Personally, I don't think so.


Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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CelticKnot's Avatar
United States
12840 Posts
 Posted 11/11/2019  11:52 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply

Quote:
Would there be all of this excitement if the Mint had announced that the unique S-Mint ERP ASE would be struck to demand?

Certainly not.
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wyzeguy's Avatar
United States
1044 Posts
 Posted 11/11/2019  12:33 pm  Show Profile   Bookmark this reply Add wyzeguy to your friends list Get a Link to this Reply

Quote:
believe a standard proof 2019 ASE struck in Denver would create a similar frenzy because it would also be a unique release, but 30,000 more standard proof ASEs struck in Philadelphia but inserted into a different package would not.


I'm curious as to why you feel a Denver minted proof ASE would create the same frenzy but not a Philadelphia one. Same mintage of 30k. Only difference being the mint mark.
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commems's Avatar
United States
12283 Posts
 Posted 11/11/2019  1:24 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply
@wyzeguy: Because the Mint has not yet produced a Denver-struck proof ASE in 2019 but it has already struck one in Philadelphia.

Collectors who are pursuing complete ASE sets would need the Denver piece but likely already have the Philadelphia piece (or would buy the one that its still available from the Mint.)

Collecting history one coin or medal at a time! (c) commems. All rights reserved.
Edited by commems
11/11/2019 1:26 pm
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basebal21's Avatar
13014 Posts
 Posted 11/11/2019  2:13 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
If it had a bullion finish, I don't think that the value would be significantly different. Ultimately, there's no way for us to know


It almost certainly would be though, we can see that with the 2015 P mint bullion coins that have more than double the mintage of this one. It is possible this one could take off to the moon and be a 4 figure coin, but it has to surpass the 95-W value in order to say the finish doesn't make a difference.

I like the reverse proofs a lot more than the others, but many of the ASE collectors don't necessarily feel the need to add these special ones. I don't see this being less than a few hundred dollars though.


Quote:
Would there be all of this excitement if the Mint had announced that the unique S-Mint ERP ASE would be struck to demand? Personally, I don't think so.


Agreed. Mint to demand is the kiss of death for excitement.


Quote:
I believe a standard proof 2019 ASE struck in Denver would create a similar frenzy because it would also be a unique release, but 30,000 more standard proof ASEs struck in Philadelphia but inserted into a different package would not.


I have to disagree here. A P one would create a similar frenzy given the low mintage, that said a Denver one would create a much much bigger frenzy as it would be the first and only D one.

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commems's Avatar
United States
12283 Posts
 Posted 11/11/2019  2:36 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply
Sorry, I made a typo in my previous post. I meant to compare the "D" ASE with another "S" ASE vs. a "P" ASE. I had Philadelphia on the brain and typed the wrong mint name.

Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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wyzeguy's Avatar
United States
1044 Posts
 Posted 11/11/2019  3:39 pm  Show Profile   Bookmark this reply Add wyzeguy to your friends list Get a Link to this Reply

Quote:
Sorry, I made a typo in my previous post. I meant to compare the "D" ASE with another "S" ASE


Totally forgot about the ASE-S that was already released this year so yes I'll agree with your point as well.

Was basically just trying to gauge whether this coin will steal any thunder away from the 95-W now that there'll be a new low mintage ASE(albeit not by much). Even though it's an ERP instead of a regular proof.
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