TYPE2 AGEs

[Unsustainable]

Hey Max,



The following is from Coin World regarding mintages:


The 2021-W American Eagle Tenth-Ounce Gold Two-Coin Deluxe Edition set to go on sale July 29 from the U.S. Mint will be restricted to a release of just 5,000 sets.

The set will include the year’s two versions of the American Eagle tenth-ounce gold $5 coin: one example featuring the Reverse of 1986 and one with the Reverse of 2021 design.

The single Proof 2021-W American Eagle, Reverse of 2021 gold $50 coin (mintage 5,625, order limit one) and the gold four-coin Proof set (product limit 10,250, limit one) will go on sale July 8. Other single Proof gold coins are the half-ounce coin (mintage 2,000, limit one); quarter-ounce coin (3,375, limit one); and tenth-ounce coin (10,000, limit one).

The Uncirculated 2021-W American Eagle, Reverse of 2021 $50 coin goes on sale Oct. 7 with a maximum mintage of 9,100 coins and orders limited to one coin per household.

Mintage #'s. Key dates and series. SOME things are eternal constants (unless contrived) in numismatics. "Stick with the Keys and you'll never do wrong". Couple that with precious metals (silver and gold both classic and contemporary per the budget) for DOUBLE the possible fun. After long post-retirement contemplation on the MANY (overwhelming) directions to possibly put scant $ for later-life coin collecting ( I'll never fill a complete an entire date collection) my ADHD kicked in for FOCUS. Key date/series collecting was the (maybe) answer to park $. I've been on a tear gold/silver purchase since November '20...and not letting up. Depression era Dad put his wealth/savings into old school govt Savings Bonds. IF premiums ever go down I may dip back into silver stacking. LCS old-school owner and one mentor - "Build big piles of silver and convert to small piles of gold".

[golditiki2]

Hey Max,

I have to agree with digbird here; the U.S. Mint has lost tons of customers due to their seeming inability to process orders in a fair and orderly fashion. I mean, we can put men on the moon and split atoms, but they can't find some computer geek (and I mean that in the nicest way) who can fix their online issues? Like beating the "bots", and such? Or making it so that the true collectors instead of the greedy dealers can actually get ahold of some of these low mintage issues? I have pretty much stopped buying from the Mint because of things like these and in the rare occasion that I do want something from their latest issues, I just buy it at a shop or a show.

feiting prevention on their coins. I'm considering picking up some myself, TBH.

Bad service is probably intentional, seen the PTB is digit/ fiat minded and gold and silver against their credo.

Golditiki2+++

[bronkster1967]

Mintage #'s. Key dates and series. SOME things are eternal constants (unless contrived) in numismatics. "Stick with the Keys and you'll never do wrong". Couple that with precious metals (silver and gold both classic and contemporary per the budget) for DOUBLE the possible fun. After long post-retirement contemplation on the MANY (overwhelming) directions to possibly put scant $ for later-life coin collecting ( I'll never fill a complete an entire date collection) my ADHD kicked in for FOCUS. Key date/series collecting was the (maybe) answer to park $. I've been on a tear gold/silver purchase since November '20...and not letting up. Depression era Dad put his wealth/savings into old school govt Savings Bonds. IF premiums ever go down I may dip back into silver stacking. LCS old-school owner and one mentor - "Build big piles of silver and convert to small piles of gold".

I'm in agreement with you here. It takes relatively little effort to keep abreast of mintage numbers and series keys. As is commonly known in coin collecting circles, always try to collect the key dates of any series FIRST (even bullion- like AGE's, especially fractionals), as they will generally and almost always appreciate in "value" the most. They also have the strong tendency to hold that value and are much less apt to drop precipitously due to changes in spot prices.

You're also right about the contrived or made up "instant collectibles" put out by anyone due to purposely low mintages. Yes, they'll often appreciate in fiat value, but then will often later come crashing down after the initial excitement wanes and the next, latest, hottest thing is released. Basically, things made for collectors do NOT gain that long-term status the actual collectors desire. As you just said, if a coin is made of precious metal, at least you always have that going for it, and if it catches on due to extreme collectability and/or low mintage, then that's even better. Don't sell yourself short, though. You may be surprised at how easy it is to complete collections- especially of relatively modern coins/bullion. Naturally, sets like the complete Morgan silver dollar series would tend to be problematic unless you're very well-heeled and good for you if you are, but everyone is at different levels, as am I and I'm just fine with that. I do what I can. Most of the members on this forum here are head and shoulders ahead of nearly anyone else when it comes to stacking (and collecting rare coins), so there's that and that should give comfort and ease to them knowing that they have real money.

[bronkster1967]

Bad service is probably intentional, seen the PTB is digit/ fiat minded and gold and silver against their credo.

Golditiki2+++

Yes, that thought did occur to me also. It's strange though, because they're kind of stuck having to sell items (coins and medals, etc.) made of precious metals, albeit at huge markups geared towards "collectors" even as the government pushes digital currency/fiat.

[digbird]

Max, did you send any of these in for grading? If so what were the results?

[maxwellsilverhammer]

Max, did you send any of these in for grading? If so what were the results?

i did not as yet. i have a whole crate of still in mint shipping boxes never opened with the billing invoices showing day of issue purchase on all of them. i am still awaiting the last 2 coin silver eagle sets with type one and type two reverse proofs (3 of these sets) to arrive and then i will send off to the grading company ngc. we have a coin show opening back in my area next month since march 2020 and i may take the boxes and paperwork there to see what possible profits i can muster without gambling the extra cost of grading hoping for perfect ms70 coins. just in no huge hurry.

[yellowsnow]

type 2 ASE
https://www.europeanmint.com/media/c...pe-2-obv_1.jpg

Type 2 AGE
https://cdn-3b20.kxcdn.com/media/cat...pe_2-min_5.jpg

[maxwellsilverhammer]

so i am nearly ready to send some of the ase's and age's in for grading. i would like to know anyones opinion regarding using either ngc or pcgs. which do you think is the better option to net the better roi all things the same? thanks.

[digbird]

I don't think it matters Max. I like the looks of the NGC slab better, but as to the true value I don't think it really matters.

[Unsustainable]

I'm feeling warm and fuzzy having discovered 'bronkster and I thinking along the same lines...I'm not crazy and the only one seeing this pattern. Updated value pricings are in the works for the 2022 edition Redbook...can't wait to see changes that may ignite interest in the middle-fractional AGE's.

Re designs...I have NO faith in the Mint's "Fusion design" team. Results have been second-rate at best and IMHO are a politicized PC attempt at artistic-diversity vs artistic quality. Lord only knows what product releases will come at us down the pike.