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2012 American Eagle San Francisco Two-Coin Silver Proof Set

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jcd390's Avatar
United States
50 Posts
 Posted 06/11/2012  2:42 pm  Show Profile   Bookmark this reply Add jcd390 to your friends list Get a Link to this Reply
Foxwoods Man....You beat me to the punch.....115,059 it is...
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 06/11/2012  2:48 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
I have a deal where the Mint calls me before changing anything on the webpage...



It was weird....I was browsing the site and it hadn't updated...looked around for a few minutes and just clicked back before I left and ...there it was!
Valued Member
jcd390's Avatar
United States
50 Posts
 Posted 06/11/2012  3:07 pm  Show Profile   Bookmark this reply Add jcd390 to your friends list Get a Link to this Reply

Quote:
I have a deal where the Mint calls me before changing anything on the webpage



.......

That made my day, thank you for a good laugh!!
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Hollywood's Avatar
United States
1228 Posts
 Posted 06/16/2012  5:06 pm  Show Profile   Bookmark this reply Add Hollywood to your friends list Get a Link to this Reply
Today's total 131,512
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 06/16/2012  6:35 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply

Quote:
Today's total 131,512


That would be yesterday's total.....and today's.....and tomorrow's
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Petersun's Avatar
Canada
1700 Posts
 Posted 06/16/2012  7:30 pm  Show Profile   Bookmark this reply Add Petersun to your friends list Get a Link to this Reply
For me it's a higher mintage.
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Hollywood's Avatar
United States
1228 Posts
 Posted 06/18/2012  5:14 pm  Show Profile   Bookmark this reply Add Hollywood to your friends list Get a Link to this Reply
Today's total 135,468
Bedrock of the Community
IndianGoldEagle's Avatar
United States
36826 Posts
 Posted 06/18/2012  5:20 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
135k and we are in the slow period. Wait until the last couple days of the selling period when everyone that has been holding back makes up their mind to buy. Does anyone think this set will reach 300,000?
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 06/19/2012  06:57 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
Yes...
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Ceylon62's Avatar
United States
1285 Posts
 Posted 06/19/2012  07:49 am  Show Profile   Bookmark this reply Add Ceylon62 to your friends list Get a Link to this Reply
My 2 cents....I am somewhat surprised that this has not gone above 200,000 sets already.

This to me is indicating some other issues such as what is going on the economies here and elsewhere / folks may be getting tired of an endless supply of collector items from the mint etc.

Also, dealers / speculators / flippers will not gamble much on these sets knowing this......Anyone can buy as much as they want.
Valued Member
timer's Avatar
United States
129 Posts
 Posted 06/19/2012  08:06 am  Show Profile   Bookmark this reply Add timer to your friends list Get a Link to this Reply
I think these sets will finish in the 400,000 range. Many people, including myself are waiting to see where sales go before ordering. There is no advantage to ordering early since they don't start shipping until July. I also think they are overpriced...at most they should be twice the price of the regular proof eagle.

Unfortunately the mint is doing what they always do...taking a nice collectable set where you needed one proof coin a year to update the set and making it financially difficult for the average collector to continue completely updating the set by issuing more and more variations....reverse proof....S Mint....W mint....Unc collector version....Unc bullion version...I'm sure there will be even more versions in the future. The reverse proof used to be something special but it looks like it will just be another annual version of the eagle.

This set will sell for ~$120 a year or less from now unless silver spot increases significantly.
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wquinn's Avatar
United States
2295 Posts
 Posted 06/19/2012  08:11 am  Show Profile   Bookmark this reply Add wquinn to your friends list Get a Link to this Reply
I think the reverse proof will have a higher value than the other proofs, since that is what happened to the 2006 version. Only time will tell.
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IndianGoldEagle's Avatar
United States
36826 Posts
 Posted 06/19/2012  09:41 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
I think I am just about talked out of buying these sets. Like "timer" said, they will most likely sell for less than issue price a year from now without major price run ups for silver. I've noticed the prices on the 2011 25th Anniversary set are starting to soften.
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basebal21's Avatar
13014 Posts
 Posted 06/19/2012  12:40 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
I think the reverse proof will have a higher value than the other proofs, since that is what happened to the 2006 version. Only time will tell.


The 2006 and 2011 both do have higher prices but they were also very limited. Assuming sales dont get out of control I think this one will probably fall somewhere between a normal proof and the 06. Its hard to really compare this RP with the others since this one is available in as many quantities that people want, regardless of the final mintage I think that just offering it in that way cheapens it to an extent
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clairhardesty's Avatar
United States
1027 Posts
 Posted 06/19/2012  5:33 pm  Show Profile   Bookmark this reply Add clairhardesty to your friends list Get a Link to this Reply
If the final mintage of this set ends up to be less than that of the 2006 set (which seems likely at this time), then this RP coin should fall somewhere in between the other two in value. Quality is another factor that greatly affects value, and the 2006 coin is not anywhere near as high quality as the 2011 coin. The methods of producing the RP coin have changed drastically since 2006 and many more 70s and 69 were produced in 2011 even thought the mintage was much lower. The 2006 sets were available for sale longer than the four weeks of this "mint to demand" set so it was also essentially minted to demand also. I think that a lot of people are way overestimating what the demand for this set really is. I also think that if the true demand was something closer to 400 or 500K then the large volume buyers would have ordered many more sets on day one than they did. They bought more sets than they did for the 2011 set but not that many more.

Another day and another slight drop in sales. Only 1210 sets ordered in the most recent 24 hour period, the lowest so far. A straight line extrapolation of 1210 sets per day from now on comes in at 154,948 sets and my modified curve that has sales double for each of the last three days hits 170,558. If I modify that (because of the slow sales at this time) and assume that sales triple for each of the last three days, we will hit 200,808 sets.
Edited by clairhardesty
06/19/2012 5:54 pm
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