The online auction site eBay has added yet another interesting twist to the short but intriguing story of the American Silver Eagle 25th Anniversary Set released last Thursday, October 27. Apparently, the site has chosen to place restrictions on listings of the anniversary set, leading to numerous cancellations of current auctions.
A recent visit to eBay found slightly over two dozen of the sets available which immediately indicates a change from just a few days ago. When secondary market values of the sets were recently evaluated, the site had well over a hundred listed [...]
In an e-mail message to its customers Thursday, the United States Mint acknowledged the difficulties buyers experienced in ordering or attempting to order an American Silver Eagle 25th Anniversary Set.
The sets went on sale Thursday, October 27, and all 100,000 sold out within about 4 and 1/2 hours. The quick sellout would be less of an issue if every customer who wanted one was able to place an order.
However, as has happened in the past when tens of thousands of customers are attempting to order an extremely popular [...]
Silver Eagle 25th Anniversary Set sold out within five hours. And while none of the sets have been delivered by the United States Mint yet, many are already appearing on the secondary market at incredibly high premiums.
Before those premiums are discussed, perhaps a little background is in order... The set was issued by the United States Mint to commemorate the 25th anniversary of the American Silver Eagle Program which dates back to when the first bullion and proof versions were released in 1986 [...]
The American Silver Eagle 25th Anniversary Set is now available from the United States Mint for $299.95, plus the standard shipping and handling fee of $4.95. The anniversary set, as expected, went on sale at Noon Eastern Time on Thursday, October 27, 2011.
This special release celebrates 25 years of the American Silver Eagle coin. The United States Mint has been striking the one ounce .999 fine silver coins every year since 1986 in the bullion version and all but one year, 2009, in the numismatic proof version. The collector uncirculated strike has only been around a few times in the last five years [...]
Pricing for the American Silver Eagle 25th Anniversary Set was announced on Thursday by the United States Mint.
The collectible anniversary set featuring five 2011-dated American Silver Eagles will be available for $299.95, more than some expectations but less than others. Scheduled for release on October 27, the sets have an order limit of five per household.
Reaffirmed by the Mint Thursday as well was the 100,000 maximum mintage, which is appealing [...]
Collectors were told in August to expect the American Silver Eagle 25th Anniversary Set in "late October." A firmer release date is now available, based on an update Wednesday to the United States Mint's website.
While subject to change, the Mint is planning to release the anniversary set on October 27, 2011. The launch date was added to the Mint's "2011 Scheduled Products Listing" page which visibly sports the message [...]
2011 officially holds the record as the best year ever for American Eagle Silver bullion coins, according to United States Mint sales figures.
American Silver Eagle year-to-date sales hit 34,673,500 Thursday, October 6, blasting past the annual record of 34,662,500 achieved in 2010. The coins soared another 400,000 Friday, rising to 35,073,500 for the year [...]
Another month in 2011 wrapped up, and another sales record was set. Last month ended up earning the "Best Ever September" and the second best month in the history for the American Eagle Silver bullion coin.
September started off very slow compared to the prior month, only 175,000 had been purchased in the first eight days and still less than 1 million by mid-month. Once the price of silver tumbled, however, from around $40 to $30 an ounce, sales of the American Eagle Silver began to soar. Buyers picked up 3,534,500 in the last half of the month, which moved September sales to 4,460,500 [...]
Demand proved strong for the 2011-W Uncirculated American Silver Eagle during the opening days of its release. The United States Mint reported five-day sales of more than $11 million between its Thursday, September 15 launch and Monday, September 19.
At its $60.45 price, the exact sales total was $11,181,255.15. The unit total came in at 184,967 for a daily sales average of 30,827 coins, although the bulk of the uncirculated Silver Eagle orders were likely placed during the first and second day [...]