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 Replies: 85 / Views: 5,737 |
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Valued Member
United States
181 Posts |
I might be buying one of these. I'm only 14 so it's a pretty big buy for me. I was wondering if it would be a better idea to buy a 1 oz. silver proof american eagle and a 1/10 oz. gold proof american eagle since I am looking at this more for investing purposes. I'll probably end up getting the silver set though just because I am a collector and, well, it's just more collectible.
Edited by Glyth
08/20/2006 10:59 pm
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Rest in Peace
United States
2684 Posts |
Glyth, in my opinion, neither would be a very good investment since (1) the Mint is minting so many thus reducing the value for collectors; and (2) since both are bullion coins, their present and future values will swing with the values of silver and gold, neither of which is particularly predictable by most folk. Stick with proven good investments such as rare coins or just collect for the fun of it instead of investment value. FWIW, there seems to be a cut-off in value appreciation: those Morgans and other coins I purchased for $500 or more have definitely gone up in value over the past few years while those I purchased for less than $500 are generally stagnating in value. YMMV.
Fred
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Valued Member
United States
181 Posts |
Yeah I got into coin collecting partially for investments and it's always best to buy the higher grades. I'll either buy the silver set for my collection or look for pretty much the best higher grade coin I can afford(in other words if I can't afford the higher grades of one coin I move to a cheaper coin and so on.) Thanks for the advice!
Edited by Glyth
08/20/2006 11:23 pm
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Pillar of the Community
 United States
1203 Posts |
quote:
Originally posted by Morgan Fred
Glyth, in my opinion, neither would be a very good investment since (1) the Mint is minting so many thus reducing the value for collectors; and (2) since both are bullion coins, their present and future values will swing with the values of silver and gold, neither of which is particularly predictable by most folk.
Fred
Fred is absolutely right of course, this isn't one of those 'rare' occasions that this coin will grow in value because of what it is (a bullion coin). It's only value is in having one to complete the set and that is all. It is for collecting, and not for making any profit (almost guaranteed). |
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Pillar of the Community
United States
1203 Posts |
Guess this should have been placed in the News section, as there are people over there asking the same questions already answered here. Sorry about that!  |
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Pillar of the Community
United States
986 Posts |
How long do you think these will be on sale? With 250,000 of them, the mint can't really expect to sell out fast. Will NGC and PCGS be designating them "first strikes" as well?
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Rest in Peace
United States
2684 Posts |
quote:
Originally posted by OldDan
Guess this should have been placed in the News section, as there are people over there asking the same questions already answered here.
Sorry about that!
Not to worry, Dan. You steered them toward this section which is way ahead of that section with information and the right questions.  Fred |
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Pillar of the Community
United States
1327 Posts |
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Pillar of the Community
United States
604 Posts |
Wow I see a another big money maker here folks we should buy them while they are hot
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Pillar of the Community
United States
986 Posts |
I really can't distinguish the reverse proof from the pics the mint has up. Can somebody point out which one it is from those pics? Or are they just horrible computer generated pics?
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Rest in Peace
United States
3730 Posts |
Two questions. First, I have a "complete" set of ASE's. That is to say I have a complete set of uncirculated ASE's. So, I'm wondering if it will be possible to buy just a single 2006 ASE for my collection, or do I have to buy the $100 set? Secondly, the mint advertisement states "Order yours today." It then states that Aug. 30 is the order date. Which is right? Any help will be appreciated. |
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Pillar of the Community
United States
1203 Posts |
Gary you can buy all the 2006 uncirculated ASE's that you can afford. Nothing has changed in this respect. The ordering date is the 30th of the month. Apparently they had two different people doing their adveritsements, and they didn't talk to each other. |
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Valued Member
United States
84 Posts |
I have a few questions: Is ANY OF THESE sets going to increase in value the way the 10th anniversary set increase overtime? Or will these new set only increase the value of the 10th anniversary set more, if that's possible? Correct me if I am wrong: Will the reverse proof with the "p" mint mark will be the only 2006 ASE with the "p" mint mark? This is why I would consider more than 1 of these above reg price ASE (reg. $27 for a proof x2 + 1 unc $19? = $73.00) I know they are anniversary sets, but still more than reg price. Opinion anyone |
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Valued Member
United States
84 Posts |
One more thing,
Will someone play devil advocate and gives everyone here 5 great reason why they should purchase the 3-gold set 20th anniversary set for $2,610? I just purchase the 2 buffalos the pf & unc and cannot find a reason to considerate this set, but I know many of you can...
I would like to hear it, please.
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Pillar of the Community
United States
1626 Posts |
I don't think these will sell out as fast. There is a big mintage difference from the 10 year anniversary (30,000) and the 20 year anniversary (250,000)
I plan on buying one of the silver sets.
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Replies: 85 / Views: 5,737 |
First Page
Posted 08/20/2006 11:13 pm
