Coin Community Family of Web Sites
Like us on Facebook! Subscribe to our Youtube Channel! Check out our Twitter! Check out our Pinterest!
Username:
Password:
Save Password
Forgot your Password?

Welcome Guest! Need help? Got a question? Inherit some coins?
Our coin forum is completely free! Register Now!

Regarding The Increasingly Lower Mintages/Sales Of The ASE Burnished Coin..

 
To participate in the forum you must log in or register.
Author Previous Topic Topic Next Topic  
Pillar of the Community
United States
542 Posts
 Posted 06/05/2019  8:19 pm Show Profile   Bookmark this topic Add MrPink2018 to your friends list Get a Link to this Message
I'm just sort of thinking out loud as I type this.

i go back and read older ASE posts from time to time. the last time I looked, the (up-to-date at that time) mintage numbers for the burnished ASE appear to be getting lower with each passing year. the sales numbers might also be lowering. is anyone else supposing that the mint might cease making the burnished coin? it's been on my mind. I guess if the mint were to stop making them i'd be sad to see them go, but I wouldn't be crushed by it. there'd probably still be a bullion strike and a proof or two each year, and I guess there's always a chance of a set with a unique ASE included, or a reverse proof or enhanced uncirculated or something. just wondering if any of the community's ASE collectors know anything in particular or have thoughts on it.
Bedrock of the Community
13014 Posts
 Posted 06/05/2019  8:42 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
The only way they're going to stop making them is if they have too to keep up with the bullion demand. The mintages have to fall MUCH MUCH further before they're no longer a cash cow for the mint.
Pillar of the Community
United States
4822 Posts
 Posted 06/06/2019  06:59 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
The Mint makes a decent profit on the W's so I agree that it will continue as a series. Bets are off if the design will remain the same though.

Here is a somewhat interesting article about the W's. Note: the mintage numbers for the later issues are a tad off. Corrected numbers below the link.

..and an important point regarding "decreasing" numbers. The Annual Dollar Set was d/c'd after 2016 resulting in the lower numbers. Add the set and we are pretty constant (except for the new key 2018 W)

https://coinweek.com/modern-coins/a...lver-eagles/


Quote:

2012 - 226,120
2013 - 221,981
2014 - 253,169
2015 - 223,879
2016 - 216,501
2017 - 176,565
2018 - 138,932


Bedrock of the Community
Learn More...
United States
10248 Posts
 Posted 06/07/2019  7:06 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
It really is a significant decrease over the past 6 years. I wonder if/when they'll take a page from the 2019 annual sets (W cents) and include a bonus item or figure out some other marketing gimmick to boost sales.
Pillar of the Community
United States
4822 Posts
 Posted 06/08/2019  06:57 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
I guess it's how you interpret the numbers. I would look at 2014 & 2018 as outliers and the 2017 showing the impact of the d/c'd Dollar set.

We will see how the 2019 does but there were close to 83k sold in the first four days of availability....probably mostly subs.

Keep an eye on that 2018 and see if it holds the "Key" title....
Pillar of the Community
United States
2759 Posts
 Posted 07/10/2019  4:53 pm  Show Profile   Check SA4H's eBay Listings Bookmark this reply Add SA4H to your friends list Get a Link to this Reply
As of NOW, do we have the final number for 2018-W Burnished ASE yet?
'Pytellc': I am still waiting for my $50 world coins from you, Mr. Carson Pytell!

*+*Bruce*+*
My coins available for trade. - My coins for sale - Coins I want/need.
"Living to Learn, Not Learning to Live!"
Yet, I'm learning to live more than living to learn!
Pillar of the Community
United States
542 Posts
 Posted 07/15/2019  5:40 pm  Show Profile   Bookmark this reply Add MrPink2018 to your friends list Get a Link to this Reply
@CelticKnot

concur.

Edited by MrPink2018
07/15/2019 5:43 pm
Pillar of the Community
United States
2759 Posts
 Posted 10/31/2019  03:43 am  Show Profile   Check SA4H's eBay Listings Bookmark this reply Add SA4H to your friends list Get a Link to this Reply
Anyone keeping track of the number of coins sold for the 2019-W Burnished ASE ?
'Pytellc': I am still waiting for my $50 world coins from you, Mr. Carson Pytell!

*+*Bruce*+*
My coins available for trade. - My coins for sale - Coins I want/need.
"Living to Learn, Not Learning to Live!"
Yet, I'm learning to live more than living to learn!
Pillar of the Community
United States
542 Posts
 Posted 10/31/2019  6:17 pm  Show Profile   Bookmark this reply Add MrPink2018 to your friends list Get a Link to this Reply
@SA4H-

after reading your post above I went looking & just found this:

https://findbullionprices.com/blog/...le-mintages/

Pillar of the Community
United States
542 Posts
 Posted 10/31/2019  6:27 pm  Show Profile   Bookmark this reply Add MrPink2018 to your friends list Get a Link to this Reply
i notice the numbers found in that link are a little different than the numbers that Foxwoods Man posted at the top of the thread, sourced from a coinweek article from a while back, specifically the 2015, 16, 17 and 18. I also noticed that initially the linked article didn't provide a number for 2014, but there's one now & it matches the coinweek article's mintage number. also noticed that the list either doesn't distinguish between the 2017-W & S proofs, but they did for 18 & 19, or it just doesn't list the 17-S proof mintage at all.

so as of now, according to that link, if it's legit, the 2019-W burnished/uncirculated silver eagle mintage is just north of 116K. I'm still looking for an additional source for current numbers.
Edited by MrPink2018
11/01/2019 03:37 am
Pillar of the Community
United States
854 Posts
 Posted 11/05/2019  12:25 pm  Show Profile   Bookmark this reply Add Big-Kingdom to your friends list Get a Link to this Reply
Myself, like many people I'm sure also, Are pretty sick of the mint cash grab that gets more and more out of hand each year. In general I buy a bullion silver eagle for myself from a dealer, and I only get the proof or burnished coins if they are gifted to me by someone. Sorry, they are just getting stupid with making them, too many, and too expensive when it would take decades for silver to go up to cover the cost the mint is charging alone, if ever. if they were to lower mintages to make them more rare, collectible and valuable beyond their melt value, I could see it, but these things are a cash grab from the completists, it's like star wars action figures and them changing the packaging and releasing them again, knowing the completists collectors will want to buy both versions and spend more money.

I dunno, I'm buying this ERP Silver eagle on Nov. 14th if I can, but I'm kind of burned out on silver eagles in general, proof or burnished. it's just too much in my opinion, cost, and quantity produced, and SAEs to collect each year now, in the end, a shops going to give you melt on them...
Bedrock of the Community
13014 Posts
 Posted 11/05/2019  10:15 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
and I only get the proof or burnished coins if they are gifted to me by someone. Sorry, they are just getting stupid with making them, too many, and too expensive when it would take decades for silver to go up to cover the cost the mint is charging alone, if ever. if they were to lower mintages to make them more rare, collectible and valuable beyond their melt value,


They already are more valuable beyond their melt value. Proofs and the burnished don't trade for bullion, never have. They have numismatic value and bullion stackers should just stick to bullion if they're just worried about the spot price.


Quote:
but these things are a cash grab from the completists, it's like star wars action figures and them changing the packaging and releasing them again, knowing the completists collectors will want to buy both versions and spend more money.


How are having collector versions of coins a cash grab? Proofs have been around for over a century
Bedrock of the Community
Learn More...
United States
10248 Posts
 Posted 11/06/2019  7:04 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
I still enjoy collecting this series. I'm not sure how many more than 6 issues a year I can handle though. I guess we'll see what they come up with in 2020... 35th anniversary of the ASE you know...

edit: I guess the 35th will actually be in 2021. But still.
Edited by CelticKnot
11/06/2019 10:31 pm
  Previous Topic Topic Next Topic  
 
To participate in the forum you must log in or register.

Coin Community Member eBay Sales

Certified Coins   Certified VAMs   Certified Errors  




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2020 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2020 Coin Community Forums
It took 1.27 seconds to rattle this change. Powered By: Snitz Forums 2000 Version 3.4.05