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US Mint New Listing On Schedule For A 2019 Enhanced Reverse Proof American Silver Eagle

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basebal21's Avatar
13014 Posts
 Posted 11/28/2019  6:25 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
as soon as the mint announced the 30k mintage that automatically meant not all collectors were going to get one.


Which is the only reason everyone is so excited about it. There are countless products across all series including ASE and even special ASE no one wants because it's to common. People want what is hard to get and in demand, this is the best thing they could have done for collectors and the hobby to generate excitement.
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Darth Morgan's Avatar
United States
2815 Posts
 Posted 11/28/2019  9:26 pm  Show Profile   Bookmark this reply Add Darth Morgan to your friends list Get a Link to this Reply
@basebal21 - I've got my submission form filled out, but I need clarification. PCGS states that for the COA to be encapsulated in tandem with the coin (I'm sending in a sealed box) that "Reverse Proof COA" should be written/typed in the OTHER line under Service Level. I've done that, but should I add this $18 for FS designation on the Additional Service Level Fee under FEE CALCULATION? I just want to make sure I have this form filled in properly. This will be my first submission to PCGS. Thanks.

US-Mint-New-Listing-On-Schedule-For-A-2019-Enhanced-Reverse-Proof-American-Silver-Eagle
Valued Member
AES's Avatar
United States
456 Posts
 Posted 11/28/2019  10:53 pm  Show Profile   Bookmark this reply Add AES to your friends list Get a Link to this Reply

Quote:
should I add this $18 for FS designation on the Additional Service Level Fee under FEE CALCULATION?


I did. I listed "1 X $33" on that line to cover First Strike and the COA. It made it to the QA step before Thanksgiving, so I assume it was OK.
Edited by AES
11/28/2019 10:54 pm
Bedrock of the Community
basebal21's Avatar
13014 Posts
 Posted 11/29/2019  12:09 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
I've done that, but should I add this $18 for FS designation on the Additional Service Level Fee under FEE CALCULATION? I just want to make sure I have this form filled in properly. This will be my first submission to PCGS.


If you want the FS (I did it) then yes. Just combine it with the COA 15 or whatever since there's not an extra line for it. It's not a major deal how you do that part, even if you completely mess that part up they'll contact you when they process it to correct it
Edited by basebal21
11/29/2019 12:09 am
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Darth Morgan's Avatar
United States
2815 Posts
 Posted 11/29/2019  06:26 am  Show Profile   Bookmark this reply Add Darth Morgan to your friends list Get a Link to this Reply
Thank you, AES and basebal21! I'm planning to ship mine out on Monday.
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Teach's Avatar
United States
1255 Posts
 Posted 11/29/2019  08:25 am  Show Profile   Bookmark this reply Add Teach to your friends list Get a Link to this Reply
Which is the better release, mint on demand but you have to buy the 4 coin gold set to get the ASE, or only having a small set limit for the ERP ASE? How many combo gold \ ASE sets do you think would have been minted on demand for the latest release? If you were unable to obtain the latest ERP would you have bought the gold \ ASE combo set or would you have felt priced out like some people feel about the current ebay auctions. Just curious on your thoughts.
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basebal21's Avatar
13014 Posts
 Posted 11/29/2019  12:50 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
How many combo gold \ ASE sets do you think would have been minted on demand for the latest release?


100k+ easily. The 95-W only stayed as low as it did because they weren't as popular back then, that ship has sailed long ago especially with the prices that one brings. No ASE minted to demand will ever even be within spitting distance of the 95-W. Dealers alone will buy well well over the 95-W mintage for any ASE minted to demand
New Member
MS69's Avatar
United States
17 Posts
 Posted 11/29/2019  2:09 pm  Show Profile   Bookmark this reply Add MS69 to your friends list Get a Link to this Reply
If we were all required to purchase the 2019 4 piece proof Gold Set to get the S ERP would I be in the market? No, that is beyond my financial ability; just as it was in 1995. What was a $999 product from the mint in 1995 would be $3450.95 product today from the mint plus shipping. But did those who did purchase the 1995 W set have any idea that this price rise was going to happen for the Silver eagle in the 1995 set? I doubt many did just as none of us can really guarantee what will happen long term with this coin. My big objection still is that a government entity has no business deliberately creating high demand objects of any kind, those rarities should be discovered in later years by the market. It was said in a previous post that the mint wants and needs to generate some excitement to increase sales for the Silver eagle program. When you consider that the mint is offering a bullion, burnished, West Point Proof & Enhanced Reverse Proof, and a San Francisco Proof & Enhanced Reverse Proof, is it hard to understand why enthusiasm is waning? How many potential customers want to buy that many versions of the same design every year when some of those funds could go to other interests. The mints price level is such that I do still make an attempt to acquire 2 of each version but I would be more than happy to go back to the days of a bullion & a Proof version and call it good. In a true capitalist method, a private entity offering a product that they conceive will have great demand would have done 2 things differently, set a much higher price that they thought would still allow full sales of the product they offered and not had a Household limit of 1. Having a Household limit of 1 adds socialism into the mix and that always creates hard feelings and results in those, myself included, who then try to game the system by practicing Crony Capitalism, which is rampant in modern society. If a no household limit was imposed and a higher price of, say, ~$400-500 was put on them, would I have still tried to purchase any? I'd have to give it some thought, and maybe so, but likely only 1. Would this higher offering price lockout many who did succeed with this method? Unfortunately, Yes.

Loren
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macmercury's Avatar
United States
5839 Posts
 Posted 11/29/2019  3:24 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
Wow! 64 pages to this thread.

I missed out and thought I have to buy one after market when my computer kept getting the oop's page, perhaps wait till the heat settle somewhat, luckily my daughter surprised me when she handed me one yesterday.
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hfjacinto's Avatar
United States
7297 Posts
 Posted 11/29/2019  4:56 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
Hey all,

Since a lot of you are getting the coin slabbed, if you have no use for the case and holder, let me know I could use 2 of them. I just want the blue box and the clear plastic case that the coin was in. PM me and let me know how much you want. I don't want the coin, just the case and plastic holder.

Thanks
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wyzeguy's Avatar
United States
1044 Posts
 Posted 11/29/2019  7:29 pm  Show Profile   Bookmark this reply Add wyzeguy to your friends list Get a Link to this Reply
For those who got or will be getting their coin slabbed, can you please provide some insight on why you went with a particular TPG. Just curious really what factored into your decision.
I went with NGC, primarily, because my membership hadn't expired yet, it's a bit cheaper compared to PCGS and I really like the cable car label that's available for this coin. Had I not had a membership I think I still would have gone with NGC based on the two latter reasons.
Valued Member
AES's Avatar
United States
456 Posts
 Posted 11/29/2019  8:21 pm  Show Profile   Bookmark this reply Add AES to your friends list Get a Link to this Reply

Quote:
For those who got or will be getting their coin slabbed, can you please provide some insight on why you went with a particular TPG. Just curious really what factored into your decision.


I went with PCGS because that seems to be what the market prefers if one intends to sell. And honestly, the presentation is much better with PCGS for the COA encapsulation.

NGC offers the soft capsule used for the GSA soft packs whereas PCGS offers the regular 'hard' oversize holder. I don't believe there is any benefit to preservation with PCGS but there is substantial benefit if one intends to sell and happens to get a very low or distinct (signed) COA which may carry a premium.

If I planned to hold it long term as part of a collection, I would have kept it in OGP or selected NGC. I use NGC for all the GSA collections I am holding long term. I am using both services for different Peace dollar collections I am assembling.

There is also quite a bit of anecdotal evidence that NGC holdered silver eagles are slower to develop the dreaded milk spots. That's a plus for NGC if one plans to hold onto it for some time, even if not exactly scientific.


Edited by AES
11/29/2019 8:21 pm
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Darth Morgan's Avatar
United States
2815 Posts
 Posted 11/29/2019  9:18 pm  Show Profile   Bookmark this reply Add Darth Morgan to your friends list Get a Link to this Reply
I ended up submitting my coin with the online submission form. So, I added the following instruction under Order Notes/Requests: I am sending a SEALED US Mint box. Please encapsulate the COA ($15.00 fee) along with this coin.

I hope this is OK as there was no OTHER line under Service Level.
Valued Member
AES's Avatar
United States
456 Posts
 Posted 11/29/2019  9:30 pm  Show Profile   Bookmark this reply Add AES to your friends list Get a Link to this Reply
Darth Morgan, I'd say it's good as long as the bottom line cost sum is good, and you sign and date it.
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Darth Morgan's Avatar
United States
2815 Posts
 Posted 11/29/2019  9:35 pm  Show Profile   Bookmark this reply Add Darth Morgan to your friends list Get a Link to this Reply

Quote:
Darth Morgan, I'd say it's good as long as the bottom line cost sum is good, and you sign and date it.


Thanks. I just e-mailed PCGS with my inquiry. I also highlighted and drew arrows to this info on all 3 copies of the form just to make sure they see it. LOL. I'm a total newb.
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