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 Replies: 1,627 / Views: 120,137 |
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Pillar of the Community
United States
584 Posts |
This is unreal, you have "Tom Jurkowsky, director of the U. S. Mint's Office of Public Affairs" reconfirming that all the bullion coins in the set are exclusively from San Francisco Mint production(Thanks Clair). But PCGS & NGC won't designate it as so. But for $18 they will designate them First Strike or Early Release, when in fact their's no way to honestly tell which ones are FS / ER.(Thanks Foxwood)
How bss ackwards is that.
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Pillar of the Community
United States
667 Posts |
I placed my order late and it went through at 4:45PM EST. It didn't take long to get through the process. I would have placed it earlier but I was out on the road most of the day.
I have been just sitting all of these days reading about the grading or not grading and seeing who got theirs and did not get theirs.
Today my order changed to - In stock and reserved
With all the talking and quick sell out I really didn't know if I would be getting mine. I made no phone calls, instead I sat back and said it was a limited edition with a lot of people wanting this set.
I felt if I was lucky I would get the set, if not then it wasn't to be. When it comes to these things I am like the person who picks the shortest line at a grocery store only to get in the one that never moves.
I figure the mint did the best they could considering there are some rare coins by mintage number in this set.
Now I just have to wait to make sure they actually come to me. I'm ok with that after all only 100,000 people are going to own this set and that is enough to make me happy. I have never owned a popular low issued coin or set like this. My thinking is that one way or the other graded or not it will be special and may be of far more value in the next 20 years.
Edited by mkfarm
11/15/2011 11:34 am
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Pillar of the Community
United States
667 Posts |
I thought some would like to know the order number so you feel better. 3837XXXX
Edited by mkfarm
11/15/2011 11:40 am
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Pillar of the Community
Canada
862 Posts |
Quote:
I thought some would like to know the order number so you feel better. 3837XXXX
my order was made at 4:30pm and number is 3837XXXX too. the status changed to in stock and reserved this morning, I called us mint again, they said the letter mail wassent on Nov. 10, I should receive it any time this week to confirm my address. and they will NOT cancel my order  |
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Pillar of the Community
United States
6326 Posts |
Quote:
Foxwoods .... The COA that is in the box states the bullion coin came from either San Fran OR West Point.
AHHHH ! ....... That's the "key" piece of information I didn't pick up on then. I thought the "No S" ASE bullion was 100% from San Fransisco in this Set, which you cannot get from the U.S. Mint. And having a bullion ASE with no mintmark, but proof that it came from San Fransisco, just by being in this Set and slabbed as such........was "my" confusion I guess. ___________________________________________________________ •American Eagle Silver Uncirculated Coin -- mint mark: "W" (West Point) •American Eagle Silver Proof Coin -- mint mark: "W" (West Point) •American Eagle Silver Reverse Proof Coin -- mint mark: "P" (Philadelphia) • American Eagle Silver Bullion Coin -- no mint mark•American Eagle Silver Uncirculated Coin -- mint mark: "S" (San Francisco) This one is the one I was talking about.......(I thought it definately came from San Fran., but with no mintmark designation, and that "slabbing the Set" should/would prove this. And the West Point and San Fran. Uncirculated ASE's are "Burnished Uncirculated" correct ?Edited by eaglefoot
11/15/2011 12:19 pm
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Pillar of the Community
United States
1205 Posts |
Sorry to have a dumb question(I don't collect Eagles), what is the difference between the 2011-W Uncirculated coin, vs. the no-mint mark Bullion Coin?(Burnishing?) My understanding is the Buillion coin may have been minted in either SF, or West Point, but, the only way to tell is from the Monster Box label? If Most of these were made in SF, then, wouldn't a West Point ER or FS slab actually be the rarer coin?
I'm so confused...I see 2 types of these SF coins Slabbed from NGC, one with the GG Bridge, and one without, available at dealers online for 99 bucks...
On another note, the fact that Monster Boxes are not available to the public kinds sucks...not that I have that kind of $$$ laying around, it just stinks...who decides which big companies get them, and who don't?
My orders keep moving foward...still no movement...I have the late 38377XXX numbers...maybe later today I'll get the news...my nails are shot, waiting...
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Pillar of the Community
United States
1205 Posts |
One more note, Paul Deflice of Anacs wrote me back, after asking about using ANACS for slabbing this set...the price is good, at only 10 dollars per coin, and, they will get a 25th Anniversary Label, without a membership fee, or, sending unsealed boxes, or, carrying box in, all they ask is that all 5 coins be sent in the order...NO FS or ER label available for us regular folks, that was only made for HSN.
Edited by ilikeikes
11/15/2011 12:54 pm
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Pillar of the Community
United States
1027 Posts |
ANACS is designating the bullion coin as a 2011-(S) but they will only do that for their contract customers because they are not accepting sealed sets from individuals. There is nothing unique about the 2011-(S). For this year it will probably account for little more than 10% of the bullion Eagles but that is still going to be somewhere around four million coins. The APs and anyone who has a sealed monster box of (S) coins can have them so marked by at least some of the TPGs. The premium for the (S) coins is very slight, APMEX is selling 20 coin unopened tubes of unknown origin for $776 and with the (S) for $788, only $0.75 more per coin. For the collectors of fancy labels, the bullion coin, no matter where it comes from is important if they are trying to put together a set of "perfect 70" 25th anniversary set labeled coins. Adding FS, ER, or FDIO may or may not make such coins more valuable to anyone selling them, time will tell. I just think that Mr. Jurkowsky's statements are every bit as good as an SF seal on a monster box and the coin, when submitted in a sealed set, should be so designated. The provenance of the mint that struck the coin is, in my opinion, far more meaningful than FS, ER, or FDOI, which only speak to to the time of sale by or shipment from the mint or delivery to the TPG. For my personal collection, I really don't care where the non unique coins came from. I haven't kept the coins from my 2006 set from mingling with the other coins from that year, Only the coins in their capsules go into the safe or go offsite, the original mint packaging goes into large storage bins. I keep it, I just don't keep it under lock and key. I don't currently have any other 2011 bullion SAEs but if I pick up some, I probably will go ahead and mark these somehow so I know they are (S) coins. I still think I will wait, maybe until Christmas, to open a set, just to continue the suspense. I probably will sell some of my sets (I did use the profit potential to help convince the wife to let me buy five sets) but I do not know what route I will take in that endeavor. I'll probably find some way to do a cash sale so that there isn't anyone making any money off the sale alone (like an auction house). At least doing it that way should help keep the cost to the final collector down and still let me make some money. If I sell two unopened sets for $610 each, I can keep three for the price of one. |
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Pillar of the Community
United States
1027 Posts |
IlikeIkes, did ANACS say 25th anniversary labels or did they say 25th anniversary set labels? I assume the former. Lets get one thing straight, ALL of the bullion coins in the anniversary sets were minted in San Francisco, none of them were minted at West Point. Mr. Jurkowsky made it clear that the wording on the COAs was set before the decision was made to use SF coins exclusively and that the decision was adhered to. It makes perfect sense anyway. SF had minted well over 2 million bullion coins and had nearly a million in stock when the sets were announced and it would not make any sense for the mint to ship them any WP bullion coins to assemble the sets with. The WP production was all dedicated to APs. Even if SF had to or decided to mint coins specifically for the sets instead of using stock, 100,000 coins is probably no more than two days production. In January, West Point averaged 200,000 bullion coins struck per day (actually that is how many they sold, the coins were probably struck in December and January, but the pace is still valid).
The 2011-W and 2011-S uncirculated coins are totally different beasts compared to the bullion coins, whether they are 2011, 2011-(W) or 2011-(S). The uncirculated coins are minted using special planchets, and special die, on special presses that use greater striking forces than the production presses, and are individually handled, just like proof coins. In fact the only difference between the uncirculated coins and full satin proofs is that proof coins are struck at least twice, and uncirculated coins are struck only once. Bullion planchets receive no special treatment and are struck on high volume presses using production forces designed to maximize die life. Because of the increased strike forces, uncirculated coins typically have much more sharply defined devices than bullion strikes. The surfaces look very similar but they are actually different. The satin appearance of the bullion coins is classic mint luster whereas the uncirculated coins get the look as much from the burnished planchets and the die preparation as they do from luster. The satin finish on a bullion coin would wear away much faster if the coins were circulated.
Edited by clairhardesty
11/15/2011 1:23 pm
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Pillar of the Community
United States
4901 Posts |
Eaglefoot....the confusion is not yours. It was the Mint that printed the COA BEFORE deciding to use all San Fran bullion in the sets. That one piece of paper screwed everything up. Comment re: ANACS. That label is a farce. If you look at the HSN ANACS sets for sale they ALL say 25th Annie SET. In reality they have no clue where three of the coins came from since they were not from sealed boxes. Buy an RP and an S and grab 3 of your old ASE's (bullion, PF and W), send it to ANACS and Voila! all will now be labeled as from the "Set". $10 for a garbage label...spend $7 more and get a real label Also note....NGC does NOT charge for the Early Release designation. It comes with the 25th Annie (until the cutoff date anyway). PCGS charges an extra $18/per coin in addition to grading fees for FS. Edited by Foxwoods Man
11/15/2011 1:44 pm
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Pillar of the Community
United States
1205 Posts |
Here's The Official Anacs line, by the Paul Deflice:
"We welcome the sets, but do not require the boxes. We will call the 5 coins 25th Anniversary Set if all are submitted together. You can submit these on the Modern Service for the best price ($10).
We will grade damaged coins, and just note the problem on the label.
Let us know if you have any questions."
Thanks for clarifying the differences on the coins..appreciate the time there Clair.
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Pillar of the Community
United States
4901 Posts |
Quote:
Here's The Official Anacs line, by the Paul Deflice:
"We welcome the sets, but do not require the boxes. We will call the 5 coins 25th Anniversary Set if all are submitted together. You can submit these on the Modern Service for the best price ($10) Dumb...really dumb. (thanks for the proof) |
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Pillar of the Community
1283 Posts |
I sold my five sets for a nice profit and managed to pick up a 6th for around $500 in trade. It came in the mint box today and it is already in the mail to NGC, here is to hoping for a nice set I can keep forever.
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Pillar of the Community
United States
584 Posts |
Foxwood why so angry at Anacs? I was getting the idea you didn't have any grudges with TPG's. At least from your postings. Why is the anacs label garbage, dumb. They are renting FS ER to the highest bidder,yes. But their actions seem to me, to be the best for this set. The 3 common coins should be able to be cherry picked being their common. Being NGC or PCGS wont even slab the S Bullion as an S adds it to the masses. I like what Anacs is doing for this set. I see a lot less funny business being they let you look at your coins, even cherry pick to get the best set you can. That should be left up to the collector / consumer, not the TPG Company. Edited by amassey08873
11/15/2011 2:27 pm
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Pillar of the Community
United States
584 Posts |
I got my last 2 sets today. At first the UPS guy gave me 1 box. And went to leave, I asked if their was another box after he checked he apologized and went and got it. Huummm trying to get my set was he? JK JK
I shipped the sold set $30.30 USPS, thats alot more then I thought it'd be. Online I had a price of $25 online,
Heres what the $30.30 got me.
Jersey to Flordia
Insured for $900
Restricted Delivery,(Person or Authorized Agent has to Sign.)
Delivery Conf.
The buyer wanted it as fast as possible, I wanted to send it Registered Mail and save myself $5 but that could take up to two weeks.
Now he should receive it Thursday.
I'm stuck as well on what to do with the last package. Do you send it in for the premium labels or just keep it sealed in its glory. WOuld be nice to hold onto the sealed box for 10 15 years then open it. I'm sure it'd still have that new car smell.
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Posted 11/15/2011 11:34 am
