Rocketing fuel costs, bad housing news, inflation and recession debates, interest rate adjustments or lack of, a volatile stock market … 2007 has been an interesting one.
Then there’s the shiny stuff … precious metals. They performed in absolute style for 2007 and provided a year of a different type of excitement. Anyone who started the year buying silver, gold or platinum is sure to be smiling ear-to-ear.
Next Thursday, Jan. 3, the 2008 American Eagle Silver Proof Coin will go on sale by the United States Mint. While the 2007 proof version is currently sold for $29.95, its days are numbered and the Mint has announced its newer replacement will sale for $2 more, at $31.95.
Last week’s mintage numbers indicated approximately 810,000 of the current 2007 American Eagle Silver Proof Coin have been sold.
Heritage Auction Galleries held the Official Auctions of the September 2007 Long Beach Coin Expo.
The total numbers generated and announced through a press release were impressive, reaching $27 Million. The Signature Auctions included:
They’re not the home run makers in the series of Mint coinage but they do make a big hit every now and again… The 2007 Uncirculated Coin Sets are almost up to bat.
They’re on deck, in fact. Standby because on October 9th, you can purchase them through the United States Mint.
Them? In short, a complete set of 2007 uncirculated coins from the U.S. Mints at Denver and Philadelphia. The sets are a special breed of coins many collectors like to own because they’re different.
Today the U.S. Mint released their latest offer, the 2007 United States Mint Silver Proof Set™. The brother to this set, the clad (non silver) proof set, was officially released just slightly over month ago.
As of last week, the mint reported slightly over 650,000 units sold of those so far. It’ll be interesting to see how the silver series goes. It’s not much of a barometer but the 2006 clad proof set sold slightly over 2 million sets while the 2006 silver proof set sold, as of last week, a little over 1 million. Or, the 2006 clad had about a 2 to 1 advantage of the 2006 silver sets. That’s interesting, but maybe that’s as far as it goes…
But wait… What is a proof set? An "official definition" from the mint’s sales site:
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