New American Eagle Sets To Go On Sale!

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Originally posted by Gary Burke

Old Dan, You consider me a friend, right?!!

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You darn tooten, I do. But you have already gone and bought one of the sets, otherwise................

I've been reading this entire thread and a ways back a guy asked for 5 good reason to buy the gold aniversary set.

I can come up with three reasons that made me decide to get it:

1. The reverse proof is limited to 10,000. That is insanely small. Look at the silver 95W now and that had a 30,000 mintage.

2 The uncirculated with the W mint mark and special treatment is limited to 30,000. (10,000 for 3 coin set and 20,00 for the gold/silver set). Again ...very low mintage.

3 These days everyone seem obsessed with getting coins certified. Many of the 10,000 will be slabbed and broken up.

Put it away for 10 years and I bet you that the reverse proof will be worth $4,000 alone and the W uncirculted $2,500. The set in Original Government Packaging I bet will be $6,500.00. This is not taking into account the rising spot prices which will only further enhance the value.

Sure wish I could afford one of those sets......

WoW ..that is amazing ...less than 24 hours.

That's a really fast $26,100,000.00.
I think my hypothetical numbers might be very conservative.

I bet someone is already auctioning it off on ebay for $3,500.00 and it's not even in hand.

Off to the races we goooooooo.

P.S. It IS on ebay and the Buy it Now is $3,800.00.

I think that once this set ships and is actually in hand, those that don't have it ...get to look at the actual coins...will have to have it and that will drive the set up to $6,500.00 by the end of the year.

Yeah hindsight is 20/20.

Your 3 is a lot better than my 1...lol but I'm not complaining.
For a brief instant I was contemplating a home equity loan.
I sure learned my lesson.

If the mint ever does this again ...maybe in another 10 years if the program lasts that long. I'll dive right in head first instead of tiptoe.

Best of luck with your investment!

I'm thinking about maybe picking up a gold/silver set but I most likely won't. The real prize was the gold reverse proof.

I cannot believe it sold out so quickly I figured I'd order it in another day or two there wouldn't be that much of a rush, well I guess that shows me. I really wanted the reverse proof, maybe I will be able to get my hands on one as people break the sets if the value doesn't go up too high.

In essence,

Your are gambling on a sure thing in the future...Still gambling and still trying to predict the future...

But who I am, I could eating crow in a couple of years...