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Replies: 34 / Views: 4,522 |
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Press Manager
 United States
1420 Posts |
United States Mint Opens Sales For Designer Edition American Eagle Gold Two-Coin Set On August 5
2021, August 5
US Mint - The United States Mint (Mint) will begin accepting orders for the 2021 American Eagle One-Tenth Ounce Gold Two-Coin Set Designer Edition on August 5 at noon Eastern Time. Production of this set is limited to 5,000 units, with orders limited to one set per household for the first 24 hours of sales.  The coins in this special set are struck in 22-karat gold at the West Point Mint. One coin features the last of the original American Eagle Gold Coin reverse designs, and the other features the first of the new reverse designs. Both coins are encapsulated and packaged in a single black presentation case that is enclosed in an outer sleeve emblazoned with images of both reverse (tails) designs. The accompanying Certificate of Authenticity is numbered, and a limited quantity are signed by United States Mint Director David J. Ryder. The 2021 American Eagle Gold Coin original obverse (heads) design depicts a version of Augustus Saint-Gaudens' full-length figure of Liberty with flowing hair, holding a torch in her right hand and an olive branch in her left. The 2021 original reverse design, which depicts a male eagle carrying an olive branch flying above a nest containing a female eagle and eaglets, was sculpted by Miley Busiek Frost and executed by United States Mint Sculptor-Engraver Sherl J. Winter. The new 2021 obverse design depicts the same full-length figure of Liberty with flowing hair by Augustus Saint-Gaudens. For the 2021 coin, the Mint returned to its original historical assets to render a closer reflection of Saint-Gaudens' original vision and includes the addition of his traditional artist mark. The 2021 new reverse design features a magnificent portrayal of an eagle by United States Mint Artistic Infusion Program Designer Jennie Norris and sculpted by United States Mint Medallic Artist Renata Gordon. Pricing for the 2021 American Eagle One-Tenth Ounce Gold Two-Coin Set Designer Edition is based on the Mint's pricing range table for gold coins. Current pricing information is available at https://catalog.usmint.gov/on/deman...ng-Grid.pdf.
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Bedrock of the Community
 United States
12804 Posts |
I briefley considered this, but it's $645 for 0.2 oz of gold. I realize there needs to be markup for packaging, overhead and expenses but that is $3,225/oz, a full $1,400/oz over spot.
Also, I wouldn't call that packaging "designer". The pictures on the U.S. Mint product page shows this in a flocked tray; another product that doesn't get the more luxurious clamshell treatment.
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Valued Member
United States
346 Posts |
CelticKnot, the premium is even higher than you state since these are only 91.67% gold. I'm too tired to do the math though.
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Bedrock of the Community
 United States
12804 Posts |
@E4L, I think the article posted by @CCFPress is incorrect. According to the US Mint Web site, the fineness is .9999 (24 karat).I was looking at the wrong product. 
Edited by CelticKnot 08/04/2021 9:31 pm
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Valued Member
United States
346 Posts |
Mint website says 91.67% gold however I stand corrected since the troy oz is slightly higher than 0.1 oz so the gold content is actually 0.1 oz.
Edited by Eagle4Life 08/04/2021 7:34 pm
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Pillar of the Community
United States
2213 Posts |
It was cheaper to buy them separately, $260 type 1 last March 16,200 mintage, $315 type 2 last week 20,250 mintage, which I did. High prices compared to melt value but I wanted them and did not want to spend more for the larger denominations.
Guess it's like winning a lottery if you get a set with the Mint director's signature. This is off topic but I also collect signatures, have Ronald Reagan who I met and witnessed him signing, Paul McCartney, Keith Richards, Garth Brooks, Chuck Berry, Stan Lee, Moe Howard, Katharine Hepburn, Clark Gable, William Shatner, Mark Hamill, Buzz Aldrin, about 75 of them but one has to be careful to avoid fakes. It's much easier to fake a signature than make a fake coin.
Edited by livingwater 08/04/2021 8:39 pm
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Pillar of the Community
United States
849 Posts |
I just think this is a cash grab for the set. Its nothing special that can be distinguished between a regular proof version and this version besides the box. So if you have both and purchase a box/COA from ebay, then technically you have a designer set?... I think this was a waste, they could have done uncirculated or reverse proof. But instead its just a proof. Unless I missed something... as said above, its a lottery for the signature COA
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Pillar of the Community
United States
5818 Posts |
More than likely the Mint site is going to come to a halt again, with people wanting this low mintage set.
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Pillar of the Community
United States
849 Posts |
Quote: More then likely the Mint site is going to come to a halt again, with people wanting this low mintage set. I am more worried that since these 2 coins are exactly the same as the proof 1/10 oz type 1 and type 2, that anyone that can get their hands on the box and COA will be able to make one of these sets. Only the box is limited to 5,000, not the coin.
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Valued Member
United States
88 Posts |
It seems like the premium is for the box, as stated above. Who knew a cheap box is worth several hundred dollars.
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Pillar of the Community
United States
5818 Posts |
That is true coincollector123, I work in the printing and finishing industry, and I know there's always a few percent over for make ready in final count, so I wouldn't be surprised if a few hundreds more of these pop up? But the numbered COA stamp can't go over 5,000. Imagine getting one COA without the stamp in after market?
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Pillar of the Community
United States
849 Posts |
Quote: But the numbered COA stamp can't go over 5,000. That is true but unfortunately there is no way to truly identify these coins outside of a sealed box as they could have been swapped out. So yes you are paying a premium on the box and numbered COA. I was hoping these would be a different finish as they are not accounted for in the mintage limit of either type 1 or type 2 proof 1/10 oz gold eagles for 2021, which is very odd.
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Valued Member
United States
450 Posts |
Quote: That is true but unfortunately there is no way to truly identify these coins outside of a sealed box as they could have been swapped out. One could always send these to NGC and have them print the COA# on the label for an extra $5 per coin and holder the COA for $25. I'm not sure how much value that will add 10 years from now but it'll likely pay off in the short term.
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Pillar of the Community
United States
849 Posts |
Quote: One could always send these to NGC and have them print the COA# on the label for an extra $5 per coin and holder the COA for $25. I'm not sure how much value that will add 10 years from now but it'll likely pay off in the short term. Usually they will only attach the number of the COA to the slab if you sent them the unopened mint box. We shall see.
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Valued Member
United States
346 Posts |
I ordered the single 1/10 oz gold proof, and never realized how small these coins really are. Smaller than a dime.
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Valued Member
United States
450 Posts |
Quote: sent them the unopened mint box Very true. It's also the only way they will print the set designation on the holder as well.
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Replies: 34 / Views: 4,522 |