Proof ASE/Frn Set (Making History Coin & Currency Set)

This would have been a perfect sales opportunity if they put a burnished S in this set instead of a proof....the sales would have been in the hundreds of thousands. Now they will be lucky to sell 100k...

There was ZERO reason to repeat the proof for this set....

Well for most of us, it's not too late to cancel SF Set orders. I have an order of two and a separate single order in. Might cancel the double depending on how things shake out with the SF ASE coin included with this set.

Normally I defend the mint. This time, no way. This is ridiculous.

Meh 250k is a lot. whoever is buying the 2 coin set and thinking they got something special is wrong. Anyone who buys this new S proof set thinking they are getting something special is wrong.

the anniversary set released last year was a fluke. the mint doesn't set out to create rarities. They set out to get you to buy as much over priced stuff they can to make profit.

They will make proofs, reverse proofs, different mint marks, burnished, etc, etc to get you to buy the same thing over and over at higher prices.

You're much better off letting someone else buy all their crap and then buy the coins you're actually interested in on the secondary market. Yes, you make have to pay more than issue price for a couple pieces, but you'll still get most things overall at a cheaper price in the secondary market.

I saw a lot of people buying multiple 2 coin sets thinking it would be a quick flip for cash. News Flash, if you're thinking this, people with more money than you were thinking this too. If the big boys aren't doing it, it's because it won't make money.

Buy the coin if you like it. If you're buying it to make money, you're gonna be disappointed. You're not gonna get rich on anything that people can buy directly from the mint themselves.

It's pretty clear from the wording on the mint site that the coin in this set
will be a proof, and will have an 'S' mint mark. The only time they do not mark
ASEs with mint is the business strikes. Burnish and proof ALWAYS have a mint mark,
and why would they call this coin a tribute to the SF mint, if it wasn't going
to be an SF coin.

So, the 2 coin special set just became a 2 coin set with only 1 special coin.

Should have probably responded to you here since this is the more relevant thread but since both threads are discussing the same thing right now ill resay it.

You could be right. Based on what we know though when the mint says

I just dont see how a coin not produced at SF that isn't a SF commemorative can be honoring the SF mint.

Again I agree the mint should have just said one way or another a S or W ASE as we all know they know which coin will be in the set. If you are right this is the worst and most poorly worded description in the history of coins. No reason the SF mint should have been mentioned if its a W

Theyre both to close where it doesn't really matter. As of now the RP remains unaffected by the new set which is the coin people ultimately care about the most in both the 06 and 11 set, this one should be no different.

ASEs arent just a bullion coin other than the bullion versions. Some people use them as only that but most are smart enough to buy the bullion version for that. If it was none of them would carry premiums over melt.

I do agree they are saturating the market with fake sets now with the mint to demand stuff. That said the sets still do pretty well. Even if they do do that though being the 3rd one its still new enough to have an upside. If they run off a set like this for the next 2 or 3 years though youre right any premiums will have been killed aside from the RP one if this is the only way theyll put out an RP.

The prices now will probably come down then go back up again as they get harder to find then settle at their real after market price after a spike when the internet isn't flooded with listings for it. Will it carry the 2011 premium, not a chance, but even if it carries the 06 premium or close to it you still made some money for doing nothing.

Theres always gonna be a risk if you try and flip some. But with these the risk is kind of minimal with how it was done. If you ordered late you wont get it till novemeber, by then youll be able to have a decent idea of what theyre doing. If it completely crashes you can cancel or just return them and youre out posting no big loss, if not you can get them.

Would I recommend getting 100 of them or getting them only for that, no. But its not unreasonable to get a couple extra just in case of a spike. You wont get rich but with any luck the extra sets can pay for the sets you did want to keep on youre own.