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New ASE Proof From The San Fran Mint

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Pillar of the Community
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 Posted 08/21/2017  3:32 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply

Quote:
The thing that is crazy is the price going for the 2016 congratulations set ASE. People are paying more than a grand on it, even though the coin itself is no different, you just have a ... cardboard folder...


This kind of thing and different labels on the same slabbed coin remind me of Beanie Babies.

All the more power to those who enjoy collecting them. I sincerely hope the bottom does not drop out on them some day though.
- When I value " being right" more than what IS right, I am then right...a fool.
- How much squash could a Sasquatch squash if a Sasquatch would squash squash?
- Real men play Fizzbin.
Pillar of the Community
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 Posted 08/21/2017  10:08 pm  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
2016 congrats set must have got a Trump bump too!
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 Posted 08/21/2017  10:58 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Earle42, I was about to argue with you a little on the Beanie Baby analogy, but the more I think about it, the more I think you're right.

The only point I can argue is I am not aware of any TPGs in the 90s when Beanies were hot. The only things that mattered were the Beanie, its tags, generation, and condition. And to your point, the tags were often the only thing that changed on the same Beanie. Occasionally there was a fundamental change in the toy from generation to generation.

(So on a whim I searched for "Beanie Baby grading" and, lo and behold, there are a number of very professional-sounding graders and authenticators out there ready to send you a Microsoft-Word-generated COA printed on their InkJet printer for a modest fee.)
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 Posted 08/22/2017  06:56 am  Show Profile   Check Foxwoods Man's eBay Listings Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
Professional grading of any collectible was established with the purpose of making it easier for the collector to determine the authenticity and quality of what they are buying...sometimes sight unseen. Comic books, baseball cards autographs, sports items, paper money etc. etc. etc. are available with either a grade or COA...

But...a helpful coin service has gone a bit whacko with waaay too many "labels" confusing and complicating the hobby. When I collected Morgan dollars it was simple....Buying a 1885-S MS65PL certified by one of the top 2/3 TPG's I kinda knew what I was getting....

It seemed that the ASE changed things...too boring I guess to just see MS69 on every label..let's put a picture of somebody there, maybe a signature, which set it came from, maybe which day of the week it was minted. Complicated and lame (opinion)

But...facts are...collectors buy them. Otherwise they wouldn't exist. Just because I don't agree with or understand the purpose for something doesn't remove it from being a potential sale item...

...and then there are Beanie Babies
Edited by Foxwoods Man
08/22/2017 06:58 am
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 Posted 08/22/2017  3:02 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Just proves the fact that, if you are buying for eventual sale, you can't ignore what someone else thinks is valuable.
I agree.
Pillar of the Community
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 Posted 08/24/2017  10:42 am  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply

The problem is knowing when to make a hasty retreat when dealing in something with no inherent value.

Obviously silver and gold coins have inherent value. Services, if they are worthy of value given, must be willing and able to be accountable by having verifiable standards and repeatable results.

For my money, it is up to a business to prove what they do will has consistency that withstands tangible scrutiny every time. Learning from the Beanie Baby craze, mass acceptance of a service/product has nothing to do with legitimacy.

I have also learned to be wary of a business/product when they resort to dreaming up new ways of marketing the exact same product under a different guise/label just so people will see one as more valuable than the other.


- When I value " being right" more than what IS right, I am then right...a fool.
- How much squash could a Sasquatch squash if a Sasquatch would squash squash?
- Real men play Fizzbin.
Valued Member
United States
374 Posts
 Posted 08/26/2017  11:11 pm  Show Profile   Check AES's eBay Listings Bookmark this reply Add AES to your friends list Get a Link to this Reply
I like the 2016-W proof. The edge lettering is an interesting twist in the proof series. That said, I wouldn't give a cent more for one that came in a "congratulations" set. I don't expect collectors fifty years in the future will care much either. Just my .02
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 Posted 08/26/2017  11:17 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
@AES, I'm sure you're aware that the 2017 S-Proof ASE is (at least at this point) exclusive to the 2017 Congratulations Set and the 2017 LESPS. It's not just a W-Proof in alternate packaging.
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 Posted 08/27/2017  6:55 pm  Show Profile   Check AES's eBay Listings Bookmark this reply Add AES to your friends list Get a Link to this Reply
Yes, I'm aware that the 2017-S proof eagle has a limited mintage and has only been available through the congratulations set so far. I have a number of these stashed. My comment was regarding the 2016 congratulations set that some have been paying a grand to obtain.
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 Posted 08/28/2017  2:57 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
I gotcha. I missed that you said 2016.
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 Posted 12/15/2017  07:56 am  Show Profile   Check omxfl's eBay Listings Bookmark this reply Add omxfl to your friends list Get a Link to this Reply
According to updated 2018 schedule, the 2018 Congratulations set will have a West Point Proof ASE:
https://catalog.usmint.gov/congratu...uct-schedule
Mintage & HH limits have not been established. So much for consistency...
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 Posted 12/15/2017  08:24 am  Show Profile   Check Foxwoods Man's eBay Listings Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
Ahhhh....the routine W ASE in the set. Like this one from 2016:

https://www.ebay.com/itm/2016-congr...AOSwwf1Z1B2j

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