Comments on: American Silver Eagle 25th Anniversary Sets Delivered, Back on eBay

By: los

los — Fri, 02 Dec 2011 16:19:24 +0000

You guys won’r believe this! I received my 5 sets and 2 of the sets had one coin outside the plastic capsule. The capsule itself was fully closed! It seemed like they just threw the coin inside the box follow by the empty capsule. Has anyone hear of this before?

By: Joe

Joe — Wed, 16 Nov 2011 16:51:11 +0000

John, its obvious you don’t need the extra money. For the people that are breaking up the sets that’s going to make a whole set being graded or not graded a lot rarer to the collector.

By: John

John — Wed, 16 Nov 2011 03:34:12 +0000

What a shame…people are destroying these sets to get the two key coins graded. This is a limited edition with a run of just 100,000! How bad can they be where they need to be graded or marked “Anniversary”/First strike? I was fortunate enough to get my order in for five sets. I did the unthinkable and opened the mint sealed box to view these beautiful coins. I plan to sell two sets to collectors such as myself who were not as fortunate as me. People ordered these sets and are selling them without opening the boxes…Greedy people not collectors! SHAME, SHAME, SHAME!!!
John

By: Brian

Brian — Tue, 15 Nov 2011 02:04:06 +0000

have seen the Reverse Proof by it’s self sell for over $400 on eBay. And one guy even paid $3999.99 for 5 sets. Both of these sales were made in the last 30 days, according to eBay, completed auctions, serch results. I have also see the “S” coin go for close to $390 by it’s self. And the other 3 coins go for close to $300 by themselves with the case and COA. If you do the math, that’s over $1000 per five coin set, if you break them up. I would be thrilled to sell my 1 extra set for $1000. If you’re willing to pay the price, send email to bkjackson68@cox.net, but so it soon. It won’t last long!!

By: Victor

Victor — Mon, 14 Nov 2011 23:23:34 +0000

I received 3 sets, today. I thought the Mint sent me rolls of the new quarters, because I didn’t realize that three sets weighed nine pounds. I’m looking at “The Coin Vault” and one of the hosts just related his experience that his 5 sets weighed 15 pounds. Wow! I want to see a set but I know, opening them is not smart.

By: Victor

Victor — Mon, 14 Nov 2011 19:26:20 +0000

Monte: Anyone who didn’t get a set, will have to buy one for more than what the Mint sold them for. The Mint made an error by letting 5 sets be ordered by every address. Collectors have one address, con dealers and cable coin stores have lots and lots of employees, who sell to them. All make a profit. That has been the coin collecting business since the first coin was minted. Maybe the mint will institute a new policy of either one per address for limited mintages or if multiples are ordered, a small fee to have each set or coin, sealed it a tamper proof box. This way, a collector can sell them, one at a time, and the buyer knows the coins were never switched” in an attempt to keep the better ones and sell the “dogs.” I bought 5 sets of the 20th anniversary Silver Eagles, but never knew that I shouldn’t have opened them. I want to see how beautiful they were. Well, except for the reverse proof Silver Eagle, none of mine can be graded as 20th anniversary. So, if I want a 70 set and I do, I’ll just buy one. I would have thought that NGC and PCGS would understand, a collector being curious but with documentation from the mint, that would be sufficient for proof. But, it isn’t.
Charging what they do, the graders have a set of balls, made from the same materials the coins are minted from. There is no way, they can justify the fees they charge! And, if the coin is a valuable coin and rare, the cost is atrocious! I know they guarantee the authenticity of the coins they grade, but I believe only one in the millions of coins ever graded was ever found to be, counterfeit. That’s a lot of high grading fees to back up their guarantee of authenticity. And, can anyone say what the criteria is for grading, 69 vs 70? I do buy 70’s and nothing less, but that is my choice. I want the best, but with so many being graded 70 and so many more being graded 69, I know my perfect sets will never be better than someone else’s perfect set. The only difference will be the label and unless the label was personally signed by Jesus Christ, himself, it doesn’t mean anything. Red label vs blue ER vs gold vs star vs flag, etc, etc, etc! I call, BS. A perfect coin is a perfect coin. We collectors have allowed these businessmen to con us into believing a label means more than the identity of what the coin is. Whether it has a fancy label, or not, means squat.

By: montie

montie — Mon, 14 Nov 2011 03:55:10 +0000

I’m a collector not a profiteer. Its to bad that the sets are being sold for profit by the luckey ones that could get one.

By: henry_tx

henry_tx — Sun, 13 Nov 2011 21:11:09 +0000

Thanks.. RonnieBGood seen like you have alot of knowledgeable in collecting coins. I’m new to the hobby…Thank you for all the infor your… I’ll keep my 5 set unopened and send for grading but which company sure i send to NGC or PCGS ? I like to keep it for my children. Seen Grading make the coins valuable. I also have 2 x 2009 double eagle UHR in original box not Graded yet. And some MS 70 also under magnified glass those 2 coin are same at my MS 70. Can i still send it in for Grading MS 70 or No because i open it 3 years ago ? Or sure i keep it in Original mint box ? thanks…

By: RonnieBGood

RonnieBGood — Sun, 13 Nov 2011 17:39:07 +0000

Mike,
Even if you only request one or two sets to be graded, you will still have to pay for shipping and insurance both ways!!

By: DR

DR — Sun, 13 Nov 2011 03:28:29 +0000

Consider the potential value of grading coins. I’m sending my sealed box of 5 sets in to NGC the same day I receive the box. It’s in transit now. Opening the sealed box would cost me $hundreds, probably $thousands in potential lost profit. Someone pointed out that on Home Shopping Network on 11/12, ANACs graded (not a company as respected as NGC, PCGS) sets were selling for $1500 for a 69 grade and $3000 for a 70 grade. So, Brian, you can tell your wife that if all of the sets had graded a 70 (not very likely at all) you could have had a box worth $15,000. Or if all sets graded a 69, then your five sets could be worth 5 x $1500 = $7500. [less grading fees] Too bad….as now you will never get the anniversary label on 3 of your 5 coins in each set.