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 Replies: 1,627 / Views: 120,176 |
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Pillar of the Community
United States
4901 Posts |
Quote:
Some are saying that they think that the 2011-S coin will be the key because it is more unique than the 2011-P but I don't buy the argument because the 2011-S differs from the 2011-W only by the one letter mint mark. Interesting thought....but....using the same logic the only difference between a Lincoln 1909-S vdb and a 1909 vdb would be one letter mint mark. I would think the 100k mintage would be the main value point vs. a W with a mintage that will be in the many hundreds of thousands...and maybe the uniqueness of being the only S mint marked Silver Eagle ever (well, so far) Imagine if they continue with the S mint marked Eagles next year but mint to demand.....this WILL be the key coin...cha-ching! The RP is locked to be the other value key coin in the set equal to the S |
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Valued Member
United States
185 Posts |
I am still bitter over this set! I wanted one so bad for my collection and got burned by the horrible ordering process. Looks like I will never be getting this one as I am not paying these crazy prices!
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Pillar of the Community
United States
4901 Posts |
Quote:
Here's my dilemma though - OK, I have a damaged 2011 proof and a 2011-S that are probably only worth a shade over melt. But I have 3 probably nice coins. I send it back to the mint for a replacement, they'll give me a different set with a damaged reverse proof. I don't want to accept damaged coins, but I don't have any confidence that sending the set back, at my expense, is going to leave me any better off. 99.9999% chance you will not get a replacement but you will get a refund (and they will only accept the whole set for refund). With the assumption that there are a LOT of collectors on the waiting list the Mint will not have the luxury to save any sets for return replacements. Tough choice.....are they REALLY damaged or MS68 quality? |
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Pillar of the Community
United States
7840 Posts |
I realize that these are going for crazy money "right now", but it will die down...some day Has someone thought of a potential raffle for one of these sets?  Edited by oih82w8
11/10/2011 1:00 pm
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Pillar of the Community
United States
4901 Posts |
Quote:
I am still bitter over this set! I wanted one so bad for my collection and got burned by the horrible ordering process. Looks like I will never be getting this one as I am not paying these crazy prices! Today's "crazy" price of $600-700 may be tomorrow's "Dern, I should have bought it then" price There are two coins in the set that probably will sell for that price EACH... |
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Pillar of the Community
United States
4132 Posts |
I'd describe them as damaged. I'd expect them to get a scarlet letter like "scratched" or "damaged" if I tried to slab them. I noticed the problem in less than 5 seconds of looking at them; I can't imagine how they would even get into the capsules this way if they had been inspected at all.
It matches my experience with proof sets from the mint, so I pretty much predicted that this would be the case.
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Pillar of the Community
United States
1027 Posts |
Foxwoods Man, I was only comparing coins that are in the set, specifically the two unique coins against each other (so mintage is the same). My points were that if you are trying to decide which one is more unique, my money is on the reverse proof, and if you are trying to decide which coin in the set is a true key in terms of value, my money is heavily on the bullion coin graded MS70 with or without FS or ER labels, as long as it has the 25th Anniversary Set tag.
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Pillar of the Community
United States
6326 Posts |
Really saddened to hear about your Set being damaged Captain... What a let-down after all this to get the order ! As you say with the Mint's quality control....almost expected....  |
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Pillar of the Community
United States
4901 Posts |
clairhardesty I understand your point but the ONLY difference between the (S) bullion coin in the set and the regular 30+ million mintage bullion coin is a label. There could be 10 million (S) coins out there..can't tell them apart. Buy a roll of bullion coins...no way to tell. Buy 500 in a monster box...you can tell but once the box is opened they all look the same.
I will go with the known 100k S as the 2nd key...but, tell you what..when I have them graded I will trade you one for one..an S for and equally graded (S)
Yes?
Now if you are talking best looking key coin,,,it is the RP hands down
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Pillar of the Community
United States
1205 Posts |
The thing that makes me nervous is the fact that if you want the special NGC of PCGS First Strike or Early Release labels, you must send in the UNOPENED sealed boxes to the TPG's....what happens if your coins are damaged, and, of course, you wouldn't know until you got the order back, then, out a fair amount of cash...negative thinking, but, after reading of already damaged coins, and, some funky proof sets sent to me in the past, I'm in a quadndry over what to do here.... |
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Valued Member
United States
304 Posts |
My wife confirmed my single set order arrived today.  My other order for 4 sets was held up due to my CC, but I called them earlier this week and was able to clear the hold and they charged the card and updated the status, so hopefully those will roll out tomorrow or Monday. 4 sets order placed at 12:39. Single set order at 12:49. |
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Valued Member
United States
185 Posts |
Foxwoods....if you have $700 to pass along to me then I will gladly pick up one of the sets now. :)
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Pillar of the Community
United States
4132 Posts |
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Pillar of the Community
United States
1027 Posts |
Foxwoods Man, I personally am not interested in owning a set of graded coins and if I do grade all of mine I will eventually remove a keeper set from their slabs for long term admiration. For raw sets, I consider the RP the most unique because if was minted differently than the 2006 version, using a new die preparation method. The S mint uncirculated, while every bit as low mintage, differs from the W version in mint mark only. My notion that the bullion coin will be the rarest in MS70 condition (among anniversary set labeled coins) is why I feel it is important from the perspective of someone trying to profit from the coins in the near term. Because even the bullion coins were probably given special treatment (the SF mint had temporarily shut down regular bullion production prior to minting the ones for the set), 69s may be very common and not very valuable. So, I might trade an MS70 2011-S for an MS70 2011-(S) (assuming both are anniversary set coins), but I probably wouldn't do it if they were both 69s.
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Pillar of the Community
United States
5869 Posts |
captainfwiffo: Silly question, but are you sure that damage isn't just on the plastic capsule?
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Posted 11/10/2011 12:50 pm
