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Any News On 25th Anniversary ASE Set?

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Bizybackson's Avatar
United States
1817 Posts
 Posted 10/17/2011  12:58 am  Show Profile   Bookmark this reply Add Bizybackson to your friends list Get a Link to this Reply
It'll be worth having, the price should match the ATB 5 oz'ers, as there are an equivalent # of ounces, but not holding my breath on the $229.95 placeholder price. It might be closer to $249.95. The Mint is probably watching the spot price carefully this week before unveiling the set's price.
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clairhardesty's Avatar
United States
1027 Posts
 Posted 10/17/2011  08:18 am  Show Profile   Bookmark this reply Add clairhardesty to your friends list Get a Link to this Reply
The only coins from the mint that can even be reasonable associated with the true meaning of "First Strike" are the presidential coin covers. Those products contain coins from the first day of production, which fall under at least one meaning of the term. Since the mint does not track coins with respect to die use, there is no way of telling for sure whether a coin is one of the first or last struck with any given die pair, the other major meaning of the term. Even those first day cover coins could be late die state coins, depending on how many coins are actually struck on that first day of production. It is believed that the 2009 UHRDE die pairs only struck around 300 coins each, if that many. Circulation die pairs certainly strike many thousands of coins each. Proof (and "uncircualted") coins are struck under higher forces than circulation coins and because of that (and because of quality standards and other factors) the die don't last as long. Even "Early Release", which is at least a more correct term for the coins that bear the label, does not have any real meaning in terms of the coins themselves. There is nothing special about the coins other than the fact that they were minted and delivered before a certain date. By the time of the early release cutoff, many die pairs have been used and in some cases all production has ceased. It is not clear how these labels might be applied to the anniversary set coins since a rapid sellout is expected but delivery dates are as yet to be determined and production timing is unknown. Clearly all of the sets should qualify for those types of labels as they have been applied in the past, making the labels meaningless.
Valued Member
United States
397 Posts
 Posted 10/17/2011  11:21 am  Show Profile   Bookmark this reply Add schockergd to your friends list Get a Link to this Reply
What will be the best way for me to order these sets to insure I get my 5?
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eaglefoot's Avatar
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6326 Posts
 Posted 10/17/2011  11:39 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply

Quote:
The only coins from the mint that can even be reasonable associated with the true meaning of "First Strike" are the presidential coin covers


They also had "First Day Coin Covers" for the 50 State Quarters. These would be "First Strike" too.

Don't know if the ATB's are doing the F.D.C.C.'s too.
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clairhardesty's Avatar
United States
1027 Posts
 Posted 10/17/2011  7:17 pm  Show Profile   Bookmark this reply Add clairhardesty to your friends list Get a Link to this Reply
Coin World is reporting that the mint has confirmed the 100,000 set limit and the fact that all of the coins have been minted and put into capsules but that the sets are still to be assembled, which will take place at the San Francisco mint. It was also stated that the bullion coin included in the set will be one minted at San Francisco, which should make it slightly more valuable if the TPGs will label it as such when received in sealed mint packaging. Also, it was stated that pricing has not been set so the $229 number is clearly not final.
New Member
United States
9 Posts
 Posted 10/17/2011  10:28 pm  Show Profile   Bookmark this reply Add CaliStacker to your friends list Get a Link to this Reply
So although I'm more of a bullion stacker and less of a collector, I have to admit.. these sets are gorgeous! I'm having a hard time deciding on should I buy one or two sets. Would it be a smart move to buy an extra one with the intent of selling it and hopefully making some profit?
I just keep thinking of how many normal ASEs I could buy instead lol
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 10/18/2011  08:22 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply

Quote:
pricing has not been set so the $229 number is clearly not final.


...and the $229 number has been removed from the upcoming products page...both pages now say "price to be determined"
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eaglefoot's Avatar
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6326 Posts
 Posted 10/18/2011  1:29 pm  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
Can someone tell me real quick what the "production mintage limit" was, to the first 2006 Reverse Proof ASE ?

Just curious, because "that" one has certainly maintained a nice profit margin from original issue price !
And I'm just wondering what the similarities might be with this Set here.
I know we'll have the normal "explosions" of exaggerated prices for these on ebay for a few months or so.
And we all know that the Home Shopping Network and all of those other private coin companies will be buying THOUSANDS OF THESE SETS ! So that they can bilk the public for even more money than ebay folks will charge.
But once everything FINALLY settles down with this Set......I wonder what price it will hang around at ?
What will it be worth 5 years from now ?
Assuming the price of Silver stays generally about where it is now.
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muddler's Avatar
United States
7187 Posts
 Posted 10/18/2011  2:35 pm  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
I remember buying the 2006 three coin set for $100 and they were selling on ebay for $500 months after they were sold out. Now I believe the 2006 set is selling for around $250. I only bought the one set but had wished I had bought more. Finances will probably limit me to one of the new sets but it is a have to have for my ASE collection
New Member
United States
12 Posts
 Posted 10/18/2011  2:44 pm  Show Profile   Bookmark this reply Add bryt to your friends list Get a Link to this Reply
I'm thinking to send 2 sets to NGC for grading, but they asked me to send the original box to them. How do I deal with the rest 3 sets?

Please give me some advice for these if you know about it!
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muddler's Avatar
United States
7187 Posts
 Posted 10/18/2011  2:48 pm  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
Make two separate orders from the mint.
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oih82w8's Avatar
United States
7840 Posts
 Posted 10/18/2011  2:48 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
Of course they want the original box, so they can keep it, and the capsules as well.

Or can somebody tell me differently, that the TPG send back the case(s) & capsule(s)?
Edited by oih82w8
10/18/2011 2:49 pm
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eaglefoot's Avatar
United States
6326 Posts
 Posted 10/18/2011  3:01 pm  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
Hmmm........I thought that Reverse Proof Coin, by itself, was selling for $500.00 right now today, and you're saying that the "whole Set" is only selling for about $250.00.....
Dang ! ....... that's depressing ! ..... Guess I was WAAAAYYYY off in what I thought that was worth !
Maybe it was just wishful thinking on my part......
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eaglefoot's Avatar
United States
6326 Posts
 Posted 10/18/2011  3:10 pm  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
I just took a quick look.......

And I see that the "Slabbed 70's" ARE going for around $500.00.
Not, probably, the "raw" ones though, I'm sure.

I also didn't look at any finished auctions to see what the "raw" 3 coin Set is going for. (which I'd be curious about too.)

But anyway......it must have been the "slabbed perfect 70 Reverse Proofs" that I had seen awhile back.

I'm not a "slab collector" by ANY means......but "IF" I'm able to score two of these Sets. Keep one and possibly sell one kinda thing......and if the "potential" is here for that kind of profit, like the 2006 shows...( ) with getting it slabbed........I might start thinking about this as well.

Edited by eaglefoot
10/18/2011 3:16 pm
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Bizybackson's Avatar
United States
1817 Posts
 Posted 10/18/2011  3:14 pm  Show Profile   Bookmark this reply Add Bizybackson to your friends list Get a Link to this Reply
The maximum sets made for the 2006 Anniversary set was 250,000. They sold out in a matter of days. I anticipate the Mint's website to crash yet again on the afternoon of the 27th, a repeat of NP1 on April 28th.
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