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Any News On 25th Anniversary ASE Set?

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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 10/31/2011  10:25 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply

Quote:
It will be interesting to see where the ebay prices skyrocket to once people actually receive them from the mint.


....and sell them all at the same time. Prices will most likely drop before recovering down the road.

...another drop will happen when the graded coins start to hit the market all at once.

This WILL be a good set for a long term hold once the true market develops..
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barryg's Avatar
United States
5862 Posts
 Posted 10/31/2011  10:32 am  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply

Quote:
This WILL be a good set for a long term hold once the true market develops..

That's certainly what I'm hoping! I'm sure I could turn a quick profit selling all or most of my 5 sets right now (or as soon as I actually have them in hand), and perhaps I'll regret not doing so years down the line, but I'm a collector first and foremost and just really want to hold onto these for years to come.

I'm seriously considering doing what somebody else has done and trading a 25th anniversary set for a 20th anniversary set, only because I don't have one of those sets and they now cost much more than I paid for the 25th anniversary sets, but other than that I plan to hold onto these until I need the money in my retirement in 20 or so years or can hand them down to my son. I take comfort in knowing that they won't be minting any more of these and that there are far more than 100,000 people who collect them.
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throwbackid's Avatar
1283 Posts
 Posted 10/31/2011  10:44 am  Show Profile   Bookmark this reply Add throwbackid to your friends list Get a Link to this Reply
GRADED OR RAW? I just don't know.
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oih82w8's Avatar
United States
7840 Posts
 Posted 10/31/2011  11:19 am  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
Does anyone know the dimensions (L x W x H) of the wooden holder for there ASE's? I would like to pick up some packing boxes for when these do get sent out from the Mint.
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 10/31/2011  11:37 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply

Quote:
GRADED OR RAW? I just don't know.


Long term hold...graded
quick flip.......raw
Valued Member
United States
257 Posts
 Posted 10/31/2011  3:19 pm  Show Profile   Bookmark this reply Add wpd7 to your friends list Get a Link to this Reply
Anyone check their status on the mint's site and it says Hold?

Does anyone know what that means?
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barryg's Avatar
United States
5862 Posts
 Posted 10/31/2011  3:23 pm  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply
Yep, we're all in the same holding pattern. According to what others have posted numerous times in this thread, it's normal and will be updated once our credit cards are verified and they make sure we aren't ordering more than the allowed 5 sets per household.
Valued Member
United States
257 Posts
 Posted 10/31/2011  3:29 pm  Show Profile   Bookmark this reply Add wpd7 to your friends list Get a Link to this Reply
Ok well, hopefully all is well.
Bedrock of the Community
Bryan1315's Avatar
United States
14454 Posts
 Posted 10/31/2011  4:11 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply

Quote:
It will be interesting to see where the ebay prices skyrocket to once people actually receive them from the mint.

I think the price will drop once the sets are in hand unless there are some type of varieties in the set that we are unaware of, if there are those sets will probably sell for quite a bit of a premium even if its one of the other coins that can be bought out side of the anniversary set
Valued Member
bjones's Avatar
United States
304 Posts
 Posted 10/31/2011  4:11 pm  Show Profile   Bookmark this reply Add bjones to your friends list Get a Link to this Reply
Hopefully PBGS or the mint won't scare me any more with these emails.
Valued Member
gilgerr24's Avatar
United States
214 Posts
 Posted 10/31/2011  6:56 pm  Show Profile   Bookmark this reply Add gilgerr24 to your friends list Get a Link to this Reply
anyone else get this email today from mint?

Greetings from the United States Mint.
We regret to inform you that the item(s) listed below
are currently on backorder. Please expect your item(s)
to arrive within the timeframe listed below.
Track your order at http://catalog.usmint.gov
Thanks again for shopping with the United States Mint.

my info here

Exp Ship: 11/14/11
25TH ANNIVERSARY AE 5 COIN SILVER SET

This is a system generated e-mail. Please do not reply.
If you have questions, please visit the Help page at .
http://catalog.usmint.gov or call us at 1-800-USA-MINT.
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smokeriderdon's Avatar
United States
3755 Posts
 Posted 10/31/2011  7:05 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list Get a Link to this Reply
Gilgerr, same email posted on previous page.
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Whytlash's Avatar
United States
407 Posts
 Posted 10/31/2011  7:41 pm  Show Profile   Bookmark this reply Add Whytlash to your friends list Get a Link to this Reply
I will finally chime in on this. There has been quite a bit of "interesting" conversation on this. Overall, there is nothing inherently "wrong" with those that chose to order the Mint-Imposed limit of 5 sets. Or getting their friends and family to order them for them also. That's free enterprise. That's America. Ethics are an entirely separate conversation.

I pondered whether I wanted to tie up 15 "C Notes" on these with the idea to sell some and "make a bundle", but I ordered only two - on two separate orders. One to open and enjoy and one to sit on - sealed. I'm happy with that. I'm happy that I got, at least, one without having to pay an aftermarket price. But I do understand the consternation of those that got "shut out" for whatever reason. They now have to pay the aftermarket price, which is all over the board but can still be had for a "decent" price. Where that will go once they are "in hand" is an interesting proposition.

I got the 20th Ann. set in a multiholder MS/PF 69 not long after they were issued, and I've enjoyed owning that set. Since I collect the ASE's I had to own this set too.

With only 100,000 sets to go around there has been, and surely will continue to be (for some time), a feeding frenzy over these. At least I got a couple of bites before the big sharks take over.

Steve
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acloco's Avatar
United States
3540 Posts
 Posted 10/31/2011  7:50 pm  Show Profile   Bookmark this reply Add acloco to your friends list Get a Link to this Reply
Whytlash (Ever been to Whitlash, Montana?)

On the other side of this, those that did NOT get to order their quantity, you can bet your 3 legged Buffalo that most, if not all of them, would be trying to peddle their spare sets for a tidy profit.

I don't collect ASE's, other than purchasing one for the birth year of my kids and grandchildren.

Yes, I recognized this as an opportunity. Yes, I will sell the sets. But, the profit generated from this will be going towards an 09 S VDB.

So, on one hand, I am taking from the hobby, but on the other, investing directly back into it.
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perfessor's Avatar
United States
927 Posts
 Posted 11/01/2011  01:21 am  Show Profile   Bookmark this reply Add perfessor to your friends list Get a Link to this Reply
I must say that this thread has some entertaining reading and some thoughtful insight into the mints practices. Now for my 2 cents worth.

I only ordered 1 set for myself because I don't intend to sell it. Although after reading all of this, I have had some second thoughts of "should I have ordered more". I have no regrets. That is, assuming that I actually do get the set that I ordered. And when I do get it, I am definitely opening the box. I just don't understand why all of the consternation about what to do with the sets when received. "Should I send them in for grading or just keep the sealed boxes". Don't you want to know if there is an error or something perhaps wrong with the set? No sealed box for me. I would bet in 10 years that the difference in price between a sealed box and an opened set in the OGP will be worth about the same.

And those concerned with sending in a set for grading for perhaps at ms70/pf70 grade. If half of the coins would grade a 70 anyway, then why even send them in at all? I admit that I am personally against grading a modern coin when "ordinary" coins would get a 68 grade or better. I have some bullion coins from various years that are beautiful. Some may even grade a 70, but I don't care. And I will never find out either. The 70 grade is not worth the expense.
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