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New Silver Eagle SF Mint Two-Coin Set

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Ceylon62's Avatar
United States
1285 Posts
 Posted 07/04/2012  7:31 pm  Show Profile   Bookmark this reply Add Ceylon62 to your friends list Get a Link to this Reply
The issue here is that a lot of folks played guessing games. The 2nd ship date and now 3rd ship date has somewhat messed up a lot of speculative strategies (when to buy etc).

I still think the 2011 sets at 100,000 mintage might be the best bet for the long haul even at today's prices...for those wanting to gamble....my 2cents
Valued Member
Mach1's Avatar
United States
301 Posts
 Posted 07/04/2012  7:49 pm  Show Profile   Bookmark this reply Add Mach1 to your friends list Get a Link to this Reply

Quote:
Total units ordered now at 245,131. Will be interesting to see if this goes over 300,000 or not.


The mintage numbers are suprising. It could be possible to break 300k if people go crazy ordering tomorrow. I was considering ordering one more set before closing, but with these mintage levels, I'm going to skip it.

If they fall below issue price in the future, I'll buy another set.
Edited by Mach1
07/04/2012 7:50 pm
Bedrock of the Community
basebal21's Avatar
13014 Posts
 Posted 07/04/2012  7:49 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
I still think the 2011 sets at 100,000 mintage might be the best bet for the long haul even at today's prices...for those wanting to gamble....my 2cents




Lower mintage will always be the better bet.

The one thing I kind of go back and forth on is there were only two unique coins, is it really necessary to get the all 5 set or just get those two and call it a day
Valued Member
Senex's Avatar
291 Posts
 Posted 07/04/2012  8:12 pm  Show Profile   Bookmark this reply Add Senex to your friends list Get a Link to this Reply
Any idea as to when the final mintage figures will be available?
I ordered a set a few weeks ago and it is back-ordered until almost October!
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basebal21's Avatar
13014 Posts
 Posted 07/04/2012  8:14 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Senex we will know how many were sold tomorrow or friday, but for a true final mintage including returns wont be till next year
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Senex's Avatar
291 Posts
 Posted 07/04/2012  8:22 pm  Show Profile   Bookmark this reply Add Senex to your friends list Get a Link to this Reply
Thanks. Where can I find that information?
Just out of curiosity.
I don't expect these sets to be anywhere near as scarce as last year's 5 coin set but I do think they will appreciate somewhat in value in the future, independent of their value in silver.
Unless, of course, silver goes over $65/ounce! :)
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basebal21's Avatar
13014 Posts
 Posted 07/04/2012  8:35 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Coin news usually puts out some sales numbers which should have the order total at least as far as the final after returns not sure
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Dawg51999's Avatar
United States
80 Posts
 Posted 07/04/2012  9:48 pm  Show Profile   Bookmark this reply Add Dawg51999 to your friends list Get a Link to this Reply
I wonder what the final sales would have been if the counter was not there. Looks like early on there was not much interest because of the mint to demand, so sales started off slow. Over the last week with the sales number still low, we saw an uptick in sales. Now it looks like this will be the highest minted reverse proof. So it looks like the counter was a good sales gimmick for the mint.
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basebal21's Avatar
13014 Posts
 Posted 07/04/2012  10:05 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
I wonder what the final sales would have been if the counter was not there. Looks like early on there was not much interest because of the mint to demand, so sales started off slow. Over the last week with the sales number still low, we saw an uptick in sales. Now it looks like this will be the highest minted reverse proof. So it looks like the counter was a good sales gimmick for the mint.


Very interesting question. I think it did help sales the final days, but I feel it hurt them at the start as people wanted to wait and see where it ended up to order. If it wasnt there it could still be found with looking, but I think most people probably would have never thought about it and just ordered
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clairhardesty's Avatar
United States
1027 Posts
 Posted 07/05/2012  01:49 am  Show Profile   Bookmark this reply Add clairhardesty to your friends list Get a Link to this Reply
The mint to demand may not be as important as the lack of a household limit. Even though we all know that the big buyers have come up with very creative ways to get around household limits, the 2006 set had a limit of 10, the 2011 a limit of 5, and this set, with its lack of a limit, has made it easier and cheaper for the volume buyers to get coins. That factor alone may be responsible for a decent portion of the increased demand compared to the 2006 set, which did not quite reach its mintage limit of 250K. This time, the big buyers were able to place their orders for all of the sets they wanted on the first day without any restrictions.

The mint may or may not post final numbers of Friday but even if they don't, they will be in next Tuesday's sales report. The primary factor that will affect the value of this set, like most moderns, is not mintage but how strongly that mintage is held, how many sets are on the market at any one time.
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basebal21's Avatar
13014 Posts
 Posted 07/05/2012  02:06 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
The primary factor that will affect the value of this set, like most moderns, is not mintage but how strongly that mintage is held, how many sets are on the market at any one time.




The quality of these sets will be interesting too with this being the first RP out of SF. They usually make top notch stuff which would lead me to think more 70s would come out of it, but being a first time for this coin could change that.

Its probably impossible to track but I would be very interested to know as well if the 70s increased with the 2nd and 3rd strikings if they tweeked anything in the process

I did break down and put in a few orders totaling 5 sets just in case they do see a jump. All mine are late october ship dates so may cancel a couple if the sets fall flat when they ship
Edited by basebal21
07/05/2012 02:07 am
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wquinn's Avatar
United States
2295 Posts
 Posted 07/05/2012  08:34 am  Show Profile   Bookmark this reply Add wquinn to your friends list Get a Link to this Reply
The Mint's web site shows their mintage #s. Just look up that item.
http://catalog.usmint.gov/webapp/wc...tegory=10191
Edited by wquinn
07/05/2012 08:37 am
Valued Member
akane17's Avatar
United States
404 Posts
 Posted 07/05/2012  10:48 am  Show Profile   Bookmark this reply Add akane17 to your friends list Get a Link to this Reply
Just ordered my set, anticipated ship date?

Halloween(10/31/12).
Valued Member
Landude's Avatar
United States
223 Posts
 Posted 07/05/2012  11:30 am  Show Profile   Bookmark this reply Add Landude to your friends list Get a Link to this Reply
Yeah, I just ordered a second set...
Not sure why..
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barryg's Avatar
United States
5863 Posts
 Posted 07/05/2012  11:32 am  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply
I ordered my two sets the first day they were put on sale and I've decided to stick with that number.

I have to say, though, that I will be seriously bummed if the single RP in this set ends up selling for $600+ down the road...
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