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2010 Proof ASE Sold Out At Mint

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 Posted 12/30/2010  10:13 am  Show Profile   Bookmark this reply Add daviscfad to your friends list
yeah I have had that happen to me before to so I know what you mean
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 Posted 12/30/2010  11:33 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list
Well......on the sunny side....everybody who wanted one HAS one now !! .....

The whole infuriating "interruption" with ASE collectors wanting a year by year concurrent collection, will just be more infuriated I believe.
The 2008 Proof probably will never see a HUGE premium....and now with the series resuming in 2010, the Mint decides to spew out one of the highest mintages so that everyone who wants one can have one.
END RESULT : THE "INTERRUPTION" WILL MEAN ABSOLUTELY N.O.T.H.I.N.G. !! (except that there will always be a glaring empty hole in the ASE Proof collection)
No premium for the '08....no premium for the 2010 either...
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 Posted 12/30/2010  12:27 pm  Show Profile   Bookmark this reply Add TenSense to your friends list
Ed Moy's legacy: spitting on taxpayers, numismatists, the public, and bullion investors. A classic government stooge.
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 Posted 12/30/2010  12:31 pm  Show Profile   Bookmark this reply Add daviscfad to your friends list
he is resigning though
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 Posted 12/30/2010  1:26 pm  Show Profile   Bookmark this reply Add ayejay1974 to your friends list
Thank God he is resigning, but remember, be careful what you wish for, the next guy could be an even bigger stooge.
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 Posted 12/30/2010  1:37 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list

Quote:
I guess I waited too long

No, you did just fine. I bet you that you will be able to get the 2010s on ebay in a couple months for less than Mint issue price as the flippers cut their losses
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 Posted 12/30/2010  2:05 pm  Show Profile   Bookmark this reply Add GR58 to your friends list
Not the news I like to hear ..
I only bought 3, I know I will sell one or two. In case there is a price drop.
I really was hoping for a low mintage.
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 Posted 12/30/2010  11:40 pm  Show Profile   Bookmark this reply Add DavidZerbato to your friends list

Quote:
As of 12/26, sales totaled 834,879 which would make it one of the highest mintages of the proof series.


This is great. I saw people pre-ordering them for $500+ and was amazed people were paying that much. I guess they wanted to gamble and lost big time.
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 Posted 12/31/2010  07:54 am  Show Profile   Bookmark this reply Add TripAces to your friends list
If you see any posting on ebay for less then mint price let me know....:)
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 Posted 12/31/2010  3:31 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list
Of course, if silver keeps running to $35-40 and beyond it certainly won't be selling for less than issue price but it won't be appreciating much without the influence of silver.
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 Posted 12/31/2010  10:00 pm  Show Profile   Bookmark this reply Add DNA to your friends list
I gave two 2010 ASE Proofs as Christmas gifts.

Interesting that the mintage was high and the product sold out at the Mint before year's end.

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 Posted 12/31/2010  10:31 pm  Show Profile   Bookmark this reply Add bryan1234 to your friends list
So with them being one of the highest mintages, now I def have to have a big laugh at one of the threads a while back with people buying the pre sale pr 69 and pr 70 at 150-400 each
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 Posted 12/31/2010  10:55 pm  Show Profile   Bookmark this reply Add TripAces to your friends list
Man I wish I was on your Christmas list.... :)
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 Posted 12/31/2010  11:22 pm  Show Profile   Bookmark this reply Add TNG to your friends list
I bet it has a little something to do with the price of Silver.
Maybe the mint is stockpiling silver for future issues rather than pay more for it in the future.
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 Posted 01/05/2011  10:44 am  Show Profile   Bookmark this reply Add carmykle to your friends list
Probably the price and the desire to own the Proof. Just about all the proof ASEs, including the most minted, are selling for around $55. Now if you sent one to a TSP and it came back PF70, that's a different story. So far, PCGS has graded 535, 2010 Proof ASEs PF70. Their value, as per the PCGS POP Report, only $85.

ebay has them listed any where from $42 to $175 depending on the grade. Even the 1986 proof, the highest number minted at 1.44 million (and excluding the 94, 95, and 06 issues) is higher than the rest at an average price over $102. Numismedia is much more realistic with valuing them in the high $40 to $80 range for DCAM coins. I should add that Numismedia has the PF70 DCAM valued at $750.

I know.....it's just a bullion coin but it's always what the market will bear. Some people go crazy for MS/PF70 coins. "Hey, it's their money, and they'll use it as they see fit."
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