Comments on: Sales of Platinum Eagle 10th Anniversary Coin Sets End

By: reuben

reuben — Thu, 31 Dec 2009 21:55:53 +0000

Dear sirs:
As any Numismatist knows condition and mintage are the two important factors in determining a coins future value. While Platinum is now low,it will not remain so. However,19,583 or so minted coins will always BE 19,583 making this coin with a reverse proof a future money maker. Its not necesarily the cost of the metal but rather how scarce a coin or set is. is. An example: the 1995 silver eagle -W which goes for aprox $5,998 in the Prestige pack. Time will tell what the platinum set will fetch for in the future.Those who have it and hold on to it will be pleasantly surprised in the future.

By: CoinNews.net

CoinNews.net — Fri, 06 Feb 2009 16:20:59 +0000

Stan, thanks for the reminder! It appears the final sales figure for the set will stand at 19,583.

I think it unlikely that the Mint would bring back the 2007 set for sale. I think any that remained were probably melted for new platinum coins.

However, the Mint did have their “last chance sale” late last year where they unexpectedly opened sales to old products they had kept on inventory shelves for years, so you never know. Although it is noteworthy that there were no older gold or platinum coins in the sale.

By: Stan

Stan — Thu, 05 Feb 2009 23:41:27 +0000

Mike:
I assume that since you have not updated this article with the “final” sales figures for the 10th anniversary set, that the remaining 10,000 sets will probably go back on sale again, when the price of platinum reaches a profit point for the mint ($1,100 – $1,200 per ounce?).