25th Silver Eagle Anniversary Set ~ PCGS/NGC Labels ~ how will they differentiate them from their other 25th anniversary labels?
This year, both PCGS and NGC have assigned many bullion and proof 2011 SAE's with a 25th Anniversary label.
The same thing happened in 2005/2006...if I recall, many PCGS 2005 SAE's were mistakenly (IMHO) labeled the 20th Anniversary ...yes, it was the 20th year of production, but not really the 20th anniversary.
In 2010, some people thought that if the Mint was going to issue a 25th Anniversary set, that it should of been in 2010. But think about it...if you got married in 1986, when would you celebrate your 25th wedding anniversary? Well, 2011.
Anyway, this year NGC/PCGS have both recognized 2011 as the 25th Anniversary. So how will they differentiate a "Mint issued 25th Anniversary coin" from any other that they have already given this designation to. (of course the 2011-S burnished and 2011-P reverse proof are obvious.)
I think that "Special 25th Anniversary Labels" will be made by both NGC/PCGS and that as was the case with the 20th Anniversary set, the Sets will be have to be sent to the TPG co's in the (unopened original Mint shipping box) in order to receive a special(25th annv. per US Mint label)...of course with the exception that ANY 2011-S or 2011-P reverse proof would always qualify since the Anniversary set was the only way to acquire them.
I remember with the 20th Anniversary set, NGC would label each individual coin as "20th Anniversary Set" so you knew where it came from. (as "Set" differientiate it)
Anyway, I bring this up for several reasons. Since the mintage is limited to 100,000 sets, I think (for ex) a regular proof sae with a label that indicates that the coin was without a doubt from the Mint issued 100,000, will have a premium. While the coin is the same, the fact that it came from an official "25th Aniversary set" will make it more desirable....look a 2006-W NGC PF70 Black ANNV. label vs another 2006-W NGC PF70....same coin, but a different label....it shouldn't really make any difference, but "perception" makes it so.
The 2011-S burnished and 2011-P reverse proof will be the keys to this set.
I'd like to buy 5 sets and keep two in the OGP...I prefer the OGP and look forward to the wood display case, but I realize a graded 2011-S burnished coin and 2011-P reverse proof will be highly desirably with such a low mintage.
I'm just happy that the Mint is producing the 25th Anniversary set.
Actually, a couple of years ago, I proposed something different for the 25th Anniversary set...why not switch around and have a gold coin with the Walking Liberty design and a silver coin with the Saint Gaudens design?
I still wonder if we will see a gold 25th anniversary set? Any thoughts on what that would include? With the price of gold, I would love if the Mint sold a 2011 1 oz reverse proof by itself.
Views: 1341
Replies to This Discussion
-
Permalink Reply by Gary on -
Also, I would imagine these will have to be submitted in original mint sealed boxes to receive the "Designation"??? Not sure though?
-
Permalink Reply by Bruce Wiseley on -
Has anyone heard when the Mint will offer these sets to the public? I guess I will start dialing as soon as the phone open in Indiana. I only want one set, and I think I will send it in to NGC un-opened for the special label. As a member of NGC, and if I read it correctly, the charge is $35, correct? I will certainly be a circus trying to get one, but it will be worth a try. You have to believe that between the internet and the dealer phone banks, the odds of a poor Army Nurse actually getting a set is slim to none, and slim just left! Thanks all.
-
Permalink Reply by CaptainOverkill on -
Bruce,
All we know so far is that there is a fuzzy promise to release them in October. I am a bit concerned that the set has yet to appear on the product schedule page - perhaps they will have to push it back to November.
-
Permalink Reply by Shiny METAL on -
I hope the Mint limits the availability to one maybe two per addressee (at least for the first seven days).
-
Permalink Reply by Clair Alan Hardesty on -
I think that they already stated a limit of 5 per household.
-
Permalink Reply by Clair Alan Hardesty on
-
The mint has finally entered my subscription order for the uncirculated SAEs. They have been in the habit of entering subscription orders two days before release since the SNAFU last where entering subscriptions over two weeks prior to release caused an autobot to start cancelling orders. They didn't really fix the problem, they just discovered that if they only entered subscriptions two days early, the autobot does not react and start killing the orders. The order track page also indicates that it will be two weeks before the coins are in stock and ready for shipment but this may just be their new policy of claiming that items are not in stock so that it looks like they are doing better at shipping than they really are. Hopefully, the coins will actually ship tomorrow and get here Friday. I am anxious to see what kind of quality they put out for this issue. The 9/11 medals look to be of much better quality than other coins of late so maybe things are starting to change. They also only have a listed price of $0.01 per coin and $0.05 for the whole order even they have already published the price of $60.45 per coin, which just qualifies a five coin order for upgraded shipping. It will be interesting to compare the W coins with the upcoming S variety.
-
Permalink Reply by Clair Alan Hardesty on
-
My order changed to "in stock and reserved" at noon EDT, which is what I was hoping it would. Now if they can just get it shipped today ... they haven't charged my CC yet so that looks like a slim chance, looks like I won't have the coins until next week. The price was updated late last night to the $60.45 as previously published.
The site is running at top speed so it does not look like there is any kind of mad dash to order these.
-
Permalink Reply by Louis on -
As far as a gold 25th ann. set or coin, and I was just thinking about this earlier this week, I think a single reverse proof gold coin is the most likely, if the Mint does anything at all. I just can't see a set like in 2006 with the current price of gold. It would have to cost around $7K or more and not many people can swing that, so it would be hard to sell enough units to recoup production costs. But a single reverse proof or a special one-year design change is more likely. Some people think there might be a half-ounce set, but I doubt it. Just my two cents......
-
Permalink Reply by Buffalo on -
What I would like to see personally in gold would be 2 sets. One with a 1 oz reverse proof and the regular proof and uncirculated gold Eagles in 1/2 oz. The other with a 1/2 oz reverse proof and 1/4 oz proof and uncirculated coins. That would bring the sets down to 2 oz and 1 oz total gold respectively, still expensive but some options within the reach of more buyers. Probably unlikely, but the mint could carry the same idea down to a 1/4 oz reverse proof, and 1/10 oz proof and uncirculated versions for less than 1/2 oz total. It would seem to me that the different size reverse proof dies needed could probably be made from the same designs.
-
Permalink Reply by Clair Alan Hardesty on
-
Well. PBGS is at it again. They charged my CC yesterday for my five UNC SAEs but did not ship them. They really need to read their own FAQs, "you will be charged when your order ships". If they had shipped, I would get the coins today. As it is they will probably not ship until late today or tomorrow, which means I get the coins Monday at the earliest. Rant, rant. I think that the price of gold will mean no 25th anniversary piece (that, and the fact that time is running out).
-
Permalink Reply by Buffalo on
-
They definitely don't seem to be consistent in how they charge. I have had the same thing happen but other times I haven't seen any charge until a few days after I had already received orders. Sometimes the initial charge that shows expires without ever actually being deducted from my account (apparently just a "hold" on the funds) and a new charge appears that finally gets deducted. I've seen that happen as many as 3 or 4 times on the same order, but I normally don't use credit cards, just debit cards on bank accounts, so maybe that causes the holds and new charges.
-
Permalink Reply by Clair Alan Hardesty on
-
I think that PBGS gets money from their mint contract every time they tickle your CC account so they do it as many times as possible. If they think they can get in two passes they will. I have had all the same things happen and it doesn't matter whether the card is debit or credit. They are shipping my coins tonight, this is the fourth time they have shipped product to me via next day air on a Friday, so it won't get here until Monday.If they had shipped last night when they charged my CC., I would already have the coins. I think they wait until Friday so they can really deliver to UPS on Saturday and still have packages appear to get to us fast.
© 2012 Created by coinnetwork.
