West Point Set Orders Reach 140,648

setIn a very strong opening, which caused some website issues, the 2013 West Point Silver Eagle Set has reached sales of 140,648 as of May 10, 2013 at 7:05 AM ET. This special set contains American Silver Eagles struck at the West Point Mint with reverse proof and enhanced uncirculated finishes.

The pace of orders for the set was so heavy yesterday that for a brief period of time the US Mint’s online catalog went offline and displayed the following message:

The United States Mint is experiencing technical difficulties. During this time period, you will not be able to use the website. To place an order please call 1-800-USA-MINT (872-6468). We apologize for the inconvenience.

Shortly afterwards, the US Mint released the following statement indicating that the online catalog “has not stopped working” and encouraged customers to try to place their orders later.

Our online catalog has not stopped working. However, because of the large number of customers attempting to place orders for the American Eagle West Point Two-Coin Silver Set, you may experience delays. This product will be on sale through June 6 and there is no mintage limit, so try later when the site is not experiencing so much traffic. We apologize for the inconvenience and appreciate your patience.

The new enhanced uncirculated finish and the fact that the two coins will remain exclusive to the 2013 West Point Silver Eagle Set has clearly generated significant excitement with collectors. Since the product will be minted to demand based on orders received during the four week ordering window, this excitement will translate into a higher eventual mintage for the coins.

So far, the pace of orders for the West Point Set is well ahead of last year’s San Francisco Set, which had reached orders of 85,341 by the end of the first day. Eventually sales for this set reached 251,302, which was subsequently adjusted lower to 224,981. I recorded the entire history of daily sales changes in this post.

As mentioned yesterday, the mintage levels for the other special Silver Eagle sets were 248,875 for the 20th Anniversary Set and 100,000 for the 25th Anniversary Set. If the pace of orders remains high for the West Point Set, it may end up with the highest mintage of the four anniversary sets.

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Comments

  1. Samuel says

    “….two coins will remain exclusive to the 2013 West Point Silver Eagle Set…”, how about if next yr they use the same format for other sets?

  2. says

    The mint has made about $19.7 million in sales in less than twenty four hours on this set. I wish the company I work for had days like that!

    I think we could see sales of this set hit 300K or more if this ordering pace stays high. With no sales odometer, I’m not anticipating as many last day cancellations either.

    I do think we’re probably going to see more of these enhanced silver eagles in the future as the mint will certainly want to try to repeat this year’s success. I wouldn’t be surprised if we saw more of these “enhanced” coins – the gold eagle seems especially ripe for this sort of treatment, as do the proof circulating coins (enhanced AtB proof quarters or Kennedy half dollars, anyone?).

  3. gatortreke says

    Sales will taper off, the question is by how much? Did the majority of people clamoring for this set order yesterday?

  4. EvilFlipper says

    Wow… More than I thought!! Not for flippers it appears but I will get one just for me! I’ll keep watching to see if this stays under 250k however. If it does I’ll flip a couple. If not….

  5. Larry says

    It sure seems like it is an exciting time to be a collector! With this West Point set and the upcoming RP Buffalo, at the very least we will some very beautiful coins to add to our collections. I don’t see why the RP Buffalo won’t due at least as good as the 2009 UHR IF it is really made just this one time. Can’t wait to get one!

  6. Mark says

    Sales should easily surpass the 2012-W Burnished (securing its spot as the 5th lowest mintage for now) and likely the 2012-S Proof.

  7. VABEACHBUM says

    And EF and I were predicting sales of +/- 100K by Tuesday. These 24 hour numbers are UFB!! Just imagine how crazy yesterday would have been if the set were issued w/ a Maximum Mintage of 100K.

    I have to believe that these extraordiary numbers are the result of the major retailers anticipating an extremely high demand for the TPG First Strike, First Release and Early Release slabs combined the endless possibility of label presentations like Mercanti, Flag, West Point Star, West Point Anny, Blue, Brown, and so on.

    Like gatortreke, I also l think sales will taper off tremendously over the next 4 weeks, with a substantial decline between now and the Tuesday sales report. Tuesday numbers will be around 160K; series totals still around 300K. Thoughts??

  8. Dan in Fla says

    Wow thats alot of First releases early releases and any other label they can think of to make people buy multiples. Whats wrong with this beautiful blue boxes that the U S Mint puts them in?

  9. Samuel says

    CO, “With no sales odometer, I’m not anticipating as many last day cancellations either.”, but we have the weekly “odometer”!

  10. Rich says

    Gatortreke – good question.

    Back during the first weekend of March, most guestimates were 225 to 275…., where did 140 in tweleve hours come from? Good grief. Once back from biz travel, me & 5 others will be jumping into the frey as I suspect is the case for many others.

    Buy this beauty for its artistic value, & hope you don’t see it on QVC!

  11. stephen m says

    Very strong sales on opening day. I thought i had read somewhere that there was going to be an odometer for the wp set. Guess i’ll find out later today?

  12. says

    VABB,

    I agree on 300K for the whole series, though I think sales could be more like 180K-200K by Tuesday. I am actually inclined to think that the majority of these sales are from ordinary collectors who were excited over this release as opposed to just tons of dealer/flipper orders. The set was relatively well advertised and coin blogs and magazines have done many good informational articles on this set. I know the blog comments are not a good gauge of collector demand but everyone here seemed very interested in the set. So I think a lot of this is “real” demand and not just dealers trying to get First Strikes.

    Samuel,

    You definitely have a point that the weekly sales report is probably good enough as a gauge.

  13. Ann says

    How many pallots did Coin V buy of the SF set last year?
    Was it 20K? I think the big boys made large buys.
    Also, do these coins qualify for tax shelter? Weren’t
    proofs added to bullion for tax shelter? If so, adds
    to the high orders #’s. It will be hard to wait to see these
    sweeties!!!!!!

  14. Louis says

    Michael- I saw that Dave Harper has the sales figure, but I don’t see anything on the Mint’s site. If you don’t mind clarifying, did you get it from Harper’s article or somewhere else? Thanks.

  15. Ikaika says

    That’s an average rate of about 7000 sets/hr compared to the 20000/hr for the 25th Anniversary set that soldout in 5hrs. But it does seem that the stress placed in the US mint website was worse yesterday.

  16. Matt says

    Just checked and the mint is shipping 2013 AE Gold Proof 1/10oz coins. No longer on hold.

  17. says

    Ikaika,

    Michael didn’t mention it in this article, but Dave Harper reported on Numismatic News that 88K sets sold in less than two and a half hours, and that was with the website crash which happened around 1:40-1:45 EST. Had this set had the same mintage as the 25th anniversary set, it would have probably been gone by 3:00 pm.

  18. Ikaika says

    @ Captain

    These numbers are truely impressive and explains the problems yesterday. After trying for almost an hour, I was able to place my order just before the crash (The first one :))

  19. Don says

    VABEACHBUM,

    You mentioned in your posting the endless possibilties for TPG labels that might be used for this WP set. I wonder if there are collectors out there who are so enamored with TPG labels that they need to have an example of each label in order to have a complete collection. Yes, there’s the distinct possibility that we might not only have coin collectors but also label collectors.

  20. 2013 Silver Eagle says

    Do they only have until june 9th 2013 to get the first release designations with the 30 day window period,Some of the orders are on back order until june 17th 2013 with a mint ship date of 8/8/2013,First release adds alot of value hope they can still get it.

  21. Ray says

    @Don there are without a doubt people who collect every label for particular coins. I’m aware of some that dot hat for the gold buffs

  22. VABEACHBUM says

    @ Don – I know there are some collectors specifically focused on one type of label for consistency’s sake – all Brown (regular release), all Blue (early / first release), etc. I also have seen some collectors get sets reslabbed from original labels into newer labels like West Point Star and Mercanti because of the instant appeal of the newer labels. However, I don’t know that I have come across any collectors who have gone out of their way to buy the same coin in different types of slab / label combinations. That’s border-line OCD, and depending on the specific coin, could get real expensive!!

    OGP and COA always have, and alway will suit me just fine.

  23. Mark in Florida says

    What if there are more first strike/early release of this set than non-FS/ER? Will the more common FS/ER be worth less?

  24. Ray says

    goo dquestion Mark. I started to wonder the same thing.

    Looks like the us mint added a counter to the page.

  25. Rich says

    Based on the order numbers provided yesterday, there’s been a little over 41,000 individual orders placed from the Mint as of now.., not all attributable to the WP ASE of course; though I suspect that mint cash registers is just a spinning!

  26. Brian says

    The counter says 138,514. Does that mean there have been more cancellations than orders today?

    Maybe some people had second thoughts after seeing the big sales number this morning.

  27. John says

    It could mean that 2,000+ were ordered between Midnight & 7am when Michael got his numbers.

    In the end, only the final numbers matter.

  28. bigdawg says

    I have dealt with the mint from the beggining of mail order days,if you want one of these sets you better order and not wait. These guys say a month of order time , and all of sudden, we do not have enough silver blanks and stop and orders might be alot less than we think. This has neen done before ,Plus make the sets more collectible. My buddy said he was going to cancel is order because there is going to be to many, i told him that may be a mistake we will see

  29. Silver Sam says

    Just ordered 50 sets. I think the declared uniqueness of this offering will make it an aftermarket winner all in OGP.

  30. Shutter says

    What if there are more first strike/early release of this set than non-FS/ER? Will the more common FS/ER be worth less?

    That is already the case, typically. The 2011 reverse proof from NGC, ER outnumbered non-ER by 26 to 4 and last year it was 25 to 16. Pretty much everyone submitting in the first month, opted for ER label. And no, it does not have any impact on price.

    This year, Girl Scout proof, ER to non-ER is 14 to 2.

  31. A&L Futures says

    My money is on the regular proof buffalo. With all the attention focused on this set, the upcoming “pucks” and the pending yearly releases (i.e. UNC Silver and Gold Eagles, Platinum, ect.) this is IMO going to turn out a sleeper.

  32. Don says

    Ray and VABEACHBUM,

    Collecting every TPG label certainly qualifies for OCD behavior. Hoarding, which is under the OCD category, is one of the most difficult of mental illnesses to cure.

    I collect only one label: United States Mint. Period.

  33. high low silver says

    Very well put. A&L…… my thoughts too….but I’m not willing to gamble yet….

  34. A&L Futures says

    @ high low silver

    I was hoping to borrow money from Silver Sam. With his order of 50, I figured that’s the best place to turn to for a loan. (lol)

    Have a good weekend all. Don’t forget those Mothers out there. Sunday is but two days away. Gotta keep momma happy if we’re to keep up with our habits.

  35. GMS says

    Why are so many wishing ill on those trying to make a little money? Take a risk and make a profit, build your collection or your business, maybe even hire a few more people.

  36. high low silver says

    Silver Sam won’t be selling anything to me….I already got an order in A&L. Let’s celebrate Mom this weekend !!!! She is quite a woman !!!

  37. Brian says

    GMS – There are a couple people making money on coins I have a problem with:

    1. People doing pre-sales on ebay. That is just taking advantage of uninformed consumers. I chuckled because a couple of them did not do the math correctly and offered free shipping. They were going to lose money unless they were able to get the bulk discount from the mint.

    2. The high percentage mark-ups by the TV shows.

    I do appreciate those shows though. If I have something to flip they provide free advertising.

  38. VABEACHBUM says

    @ A&L – I think we’re like-minded, as I had posted nearly identical thoughts on the RP Buffalo thread earlier in the day. Gold costs at the time of sale and cost differences between the two coins will tell the tale.

  39. Rich says

    Silver Sam –

    If I may ask, and I only ask to help better my understanding of the secondary market and what I see on ebay as I’m a buy and hold collector who most likely will pass down my collection to family or charity…

    In buying 50 sets.., what’s your end game? Ideally, how much do you hope to net per set? And when do you plan to have the 40+ sets liquidated?

    I’m really just so curious and would appreciate you sharing your thoughts…

  40. Ray says

    So when can we expect our cards to be charged for these west point sets? anybody know? i have 2 guesses. at the end of the ordering window? or when its ready to be shipped. couldnt find any info on the mints site.

  41. stephen m says

    I am glad to see the odometer the mint has put on their site for the WP set. Coin vault’s Robert Chambers showed on TV 40 pallets of the SF sets that they purchased last year. He broke it down and the sets were in the thousands numbers. I’m sure a lot of the 140,000 showing on todays odometer were purchased by them and other TV people plus the big boys all getting in early to get the label(s) they want.

  42. VA Bob says

    I’d sure like to know if the regular proof gold Buffalo is going to be offered with the special version. I’d hate to spring for the annual proof offering, then have to buy it again to get the RP Buffalo. It’s a common Mint tactic, but I see the regular proof AGE is at $1810, so to have to pony up for a 2 Buff set would be pushing near 4 grand if prices hold as they are. That would shake out a lot of customers. Decisions, decisions.

  43. VA Bob says

    Ooops! Missed Michael’s previous article! Guess I’m in for both, purchases separately.

  44. thePhelps says

    @GMS the idea that people are making a profit off these doesn’t bother me. The idea that people are diluting the market with these for a profit and it is diminishing the value of our collected sets does. Seriously, a reseller ordered 35,000 sets to make a profit and that lowers the value of everyone else’s sets. That is when I see greed in the headlights kick in… I’d like to have seen a limit of 5 per order been in pace when I read stuff like that.

  45. Don says

    One last call for hi ho silver. We all are beginning to miss your witty comments. You must be on an extended cruise or something of that nature. In the meantime, a new commenter has appeared on the scene who goes by the handle of Hi Low Silver. Pretty soon we may have lo ho silver. I guess I just have silver on my mind with the WP set.

  46. VA Bob says

    thePhelps – people just seem to work around those limits anyway. people just need to be educated to buy directly from the Mint while the product is available. I’m always amazed that people will buy at a mark up for the same thing they can buy at the mint at the exact same time. If after it is sold out there, I have no problem with people making money in the aftermarket. It would definitely help reduce the recent trend for large initial spikes (after market) then the big crash in prices. Too many people paying too much (gladly it seems) for their collections, without realizing that it cuts into long term appreciation. Someone is taking it in the shorts when you eventually see a lot of the common stuff going for less than the purchace price.

  47. says

    If those TV shows are buying 30-35,000 of these..it’d be pretty hard to “work around” it if there was a five per household limit.

  48. says

    I love the pic of the RP Buffalo…I’m in for two.

    As I said on the previous thread…while some of you think that because of the RF, that will make the regualar proof the winner…I say…I could care less abount the mintage of the regular proof…been there, done that…I want something different. And the RP will be the winner to me.

  49. stephen m says

    Maybe so Steve but they appeared to have plenty of the 25th anniversary sets and there was a 5 per household limit on them.

  50. Jerry Diekmann says

    Why doesn’t the Mint issue a circulating and proof 2013 Buffalo nickel marking the 100th anniversary of the coin? In 1996 they added a” W” mint mark to the Roosevelt dime marking its 50th anniversary. In 2004 and 2005 the Mint issued special nickels marking the Lewis and Clark exploration. Not many collectors can afford 1-ounce gold coins at today’s prices.

  51. PdBallerina says

    Ohh thank you for the RP Buffalo photo…beans and rice, rice and beans…until then.

  52. jguama says

    Bought my 2 sets today along with the silver proof set to save on shipping. I lbs the ase series.

  53. dave says

    amazing amount sold in just 1 day this coming week we shall see how many additionals are sold cause even so it could still cap out at the 250-275 range

  54. john r says

    Revrse proof Buffalo is UUUUUUUGGHHHLEEEEE if the photo is acccurate. Not so sure I’m in to buy now.

  55. gatortreke says

    Re: sales of the West Point ASE set, I know of at least 5 sets that were canceled today. A friend ordered two 5 set groupings, one by phone early in the afternoon and one by internet later in the day. He has had problems with an account that the Mint couldn’t seem to fix (orders were being canceled) so he opened a new account and has done everything in that new account for the past few years without problems. His early phone order was assigned to the old account by the phone rep by mistake so he ordered again on the newer account and and canceled the old account set this morning. I recount this only to illustrate that sets were canceled today.

    @CaptainOverkill: I agree with your thoughts on this years AtB designs, not my favorites but will collect them to keep the series intact. Like you, I’m looking forward to the superior 2014 designs.

  56. GMS says

    @ Brian: Unless people are breaking a rule or law I don’t see why you would have a problem with them. Ebay allows this practice and has guidelines for pre-sales, coin sales is a very competitive business so blame Ebay. To your second point TV ain’t cheap and these shows employ people and pay taxes, something fewer and fewer people are doing these days. TV shows bring people into or back into our hobby that may have never done so. I have many buyers that started collecting from these shows and are now my customers because they realize they can get the same coins much cheaper elsewhere.

    @thePhelps: If someone can buy 35,000 of something and figure out how to make a profit so what. Apparently the dilution you refer to isn’t affecting them. Don’t blame the dealer; blame the mint, 35,000 sets sold pays a lot of taxes.

  57. John says

    GMS, good points. I always wondered why people would spend so much on eBay when they could go direct to the source (mint). Some viewers are obviously smart enough NOT to buy the TV hype but not smart enough to realize that eBay still isn’t the cheapest place either (at least you can try to get the best deal among sellers on eBay).

    I have only watched one HSN coin show and it made me laugh. As a broadcaster / sales person myself, I always tell people not to buy anything from these shows because you think you getting a “deal”, they are there to make money!

    The only thing that really makes me sick are those selling .9999 fine gold CLAD coins, painted ASE, Over Laid “National Park” Dollar bills and many other “so-called” collectibles to our seniors & other uninformed on TV and in magazines. There is at least one guy on eBay selling silver CLAD “so-called” numismatic pieces as his ad states that I found the other day. I feel bad for those who have lost their hard earned money with this guy. Don’t they read the listing or read his feedback?

    I know most on this blog know better but there are a few new people that read so I’m just putting it out there for them.

  58. high low silver says

    9000 more as of fri @ 12 noon, and the weekend isn’t even here yet.

  59. Boz says

    These fraudulent claims of “first day of issue” or”early release” make me laugh. I always go for the last coin made and last coin shipped. Much more valuable.

  60. Dan in Fla says

    I agree that reverse proof picture is ugly. Hopefully the coin will look better in person.

  61. Leo S. says

    To GMS

    Sorry to disagree with you but HSN is a complete rip-off that prays on uninformed people. They sell extremely overpriced coins and junk that will in all probability NEVER be worth what the people pay for it. In the capitalistic system, companies should sell quality goods and services for a fair profit,not a unreasonable one. Madoff sold vapor to people and got rich for 20 years. If this is your idea of a good system, God help us all.

  62. Don says

    In looking at ebay sales of last year’s SF silver eagle set, it seems that the sold OGP sets are getting small premiums (in the $10-30 range), while the PF 70 graded sets are going in the $275. -300 range for the sold listings. It seems that many of the PF 69 sets are being passed up by buyers.

    The HSN coin guy is still dumping inventory off his pallet-load of 2012 SF sets. He has a show tonight where he is asking $300. for a reverse PF 70 and $189. for a PF 70–way higher than the ebay range.

    I’m thinking that the West Point set might follow a similar path as these 2012 sets. There will be, in all liklihood, more sets minted than last year, but at least the two silver eagles are unique to the set. Most likely, the early ebay graded coins will get the best buying results and, as time goes on, the buying prices will slide as the initial frenzy subsides.

    If the quality of the West Point sets is better than last year’s SF sets, there should be many more 70’s. A glut of 70’s might actually damper the market prices. We shall see.

  63. Shutter says

    In the capitalistic system, companies should sell quality goods and services for a fair profit,not a unreasonable one

    In a fair market system, goods are sold at whatever the the buyer is willing to pay, regardless of the fairness of the profit, or even if there is one.

    It’s 2013 and if someone can’t take a 15 minute break away from HSN and learn about the prices of the products he is buying, then he deserves whatever he gets.

  64. Dave says

    Hi all —

    Called the US Mint a few minutes ago. Orders won’t ship until mid June. The rep advised, all orders to be shipped at one time. Hmmm — so, by then we should have a better idea of mintage quantities. If high, I wonder how many might get returned. No matter what, will be a key.

    Anyway, I placed my order at 12:04 p.m. — track order showed 12:04 a.m.? Mint said some kind of program error. E-mail receipt showed the correct time.

  65. chris says

    I would be a bit careful when purchasing “70’s” I picked up a set of 70’s from a “well known” dealer and was completely disappointed in coin quality. I could see significant frosting breaks and specks with naked eye. I suspect the TPG’s are letting the dealers prescreen the coins and just encapsulating and tacking on labels for rapid sale and huge profit.

  66. Dave says

    Yes, HSN appears to be a rip off (My opinion); however, this is also part of Capitalism. CAVEAT’ EMPTOR, eh?

  67. high low silver says

    Dave: That AM thing has been there for years. I also called about it last year. Your good.

  68. Ray says

    Ive never had a coin graded, nor do i own any graded coins. Can someone recommend, or let me know what you use, some sort of instrument to help me see better detail. would a 3-4″ magnifying glass work well enough? or should i be looking for something that jewelers use. please forgive my ignorance and lack of terminology. thx.

  69. Dave says

    Definition of LOUPE

    : a small magnifier used especially by jewelers and watchmakers

  70. AK Bob says

    Last year “the Coin Vault” purchased 17,000 of the SF 2 coin sets. This year they will probably purchase a lot more. I have a friend that just purchased 2,000 WP sets. He figures if he only make $15 off each set then he will make a substantial amount of money and he probably will as he has done very well on the other Anniversary Sets. I do agree with one of the previous comments that these companies that purchase high numbers are flooding the market and makes the sets us collectors invest/collect not go up in value. It may take years for them to appreciate like the 20th & 25th Ann. Sets. I do feel that the TV shows do unfortunately take advantage of our seniors, new collectors and the folks that are uninformed. The mint really needs to do a lot better job at advertising. I would give them a D+ for their marketing tactics. Anyways, this new WP set is going to be a winner for ALL of us collectors and flippers.

  71. GMS says

    God helps those who help themselves Leo. HSN may be shysters but they aren’t doing anything wrong, nobody is forced to buy. God help us when the PC police determine what can and can’t be sold and at what price that is considered “fair”.

  72. chris says

    Ray – I utilize Donegan’s binocular visor available for about $30. It’s not high mag (3x) but is convenient to use and a great tool.

  73. Addielise says

    US Mint website now shows the shipping date for these sets now pushed out to 9/30!

  74. Silver Sam says

    Rich-

    Ok, here goes. I have knowledgeable coin collectors who love the OGP! And they can still hold the coins as they choose. I invested about $7000 that I had sitting around. My end game is to sell off over time (patience is key) and if I get $30+ profit per unit, that is 22% profit. I have many coin shows and other venues to work with. Buyers can still have a 69/70 coin, hold it by the rim as I hear TPG’s do any way, and I avoid Chargebay’s fees etc. I am not greedy but can’t make that type of return in other investments. I liken this set to the 2006 anniversary set and WP set mirrors it’s uniqueness. I will have them cleared out in probably 2 years, and that is 11% per year. And I don’t pay table fees at any coin shows either. I nose around and deal with buyers away from the shows. Again, I am not greedy but think this set will be popular. I think WP mint QC is superior judging from how they produce gold items. I don’t need pedigree stuff (labels). My buyers don’t need a label to tell them they have 69/70’s in their hands. No muss, no fuss, and my price is right. Oh, and I think the USM packaging is a great presentation as opposed to putting these coins in plastic tombs.

  75. vaughnster says

    No reason why you can’t have a set in OGP and also a set graded to what you can afford. Better yet you can become a member of NGC or PCGS and get the sets graded yourself. PCGS is $199 a year and you get 8 free modern gradings a year.

  76. Don says

    Silver Sam,

    You present yourself as a risk taker, and of course there is nothing wrong with being one. Some of the biggest tycoons in U.S. history got there because they were willing to take big risks.

    The only thing that I see as problematic for you is the amount of time and effort you will be consuming as you attempt to gradually unload your inventory. You are evidently willing to sit on these for quite awhile, as you state that “my end game is to sell over time”.

    Good luck in you endeavor, and maybe in a few years you can give us an update on how things went.

    As for myself, I’ll let mutual funds be the soure of my risk taking.

  77. Brian says

    GMS – Believe it or not I was one of those people who became interested in coin collecting because of a TV coin show. The only thing was, at the age of 36, it was obvious to me that the guy was selling snake oil.

    Still, it was hard to determine how bad of a deal it was at first because I did not have the understanding of grades, different grading companies, etc.

    My concern is that those shows tell a lot of half-truths or use old pricing information, and they have the legitimacy of a large television network and a coin expert to back it up. I think some chemical change takes place in the brain of older people that makes them more trusting of people than they were at a younger age and are particularly susceptible to getting conned in various ways — including buying overpriced coins.

    I do understand that they have big bills to pay. But I often wonder if they priced their products more in line with ModernCoinMart and the like, if the increased volume of sales could result in the same amount of profits, while at the same time creating a customer base that is more satisfied with their products over the long term. (I assume many of their buyers eventually figure out that they overpaid and stop buying from them.)

    I suppose the ebay thing is not that big of a deal. And I could take “if you can’t beat ’em, join ’em” philosophy. But the presales are only generating maybe $5 – $10 in profit, so it isn’t worth my time to fool with it.

  78. Dan in AZ says

    I’m waiting for another announcement in July or August announcing the inclusion of one of the two coins in this set in another product.

  79. Hidalgo says

    I agree with Brad that this set will NOT be a big winner on the secondary market (for uncertified coins). The Mint’s new way of selling coins – unlimited quantities with a known ending date reduces demand. Buyers can buy all the coins that they want so they can get the coins at “retail” prices. Check out secondary market prices for the 2012 San Francisco set on eBay. Sets in original packaging are selling at the US Mint’s original sales prices or slightly (but not significantly) higher.

    The huge initial demand likely was brought on by coin dealers who bought huge quantities and wanted an early shipment. That way, they can sell large quantities of “First Releases” or “Early Releases: certified coins at a premium. Money talks.

    With that being said, I have placed my order for one 2013 West Point ASE set for my personal collection. I have no plans to buy another set or have my coins certified. To each his own.

  80. Gary says

    The US Mint cant win! They do a limited run of 100k (2011) and everybody whines that they cant get one! Then they do a made to order run (2012 and 2013) and everybody whines they are producing too many! UGH!

  81. Don says

    As far as I’m concerned, the TPG companies lost whatever remaining credibility they may have had when they started putting these meaningless FS/ER labels on the coins they graded.

    Remember back several years ago when divers were hauling up hoards of silver coins from the depths of the seas? Silver doesn’t do well after being in salt water for a century or so, usually ending up pitted. So, instead of the grading companies assigning these coins a low grade, they came up with a new designation: “Shipwreck Effect”. I’m sure this label was requested by the marketers of these coins.

    So yes, the TPG companies are in the pockets of the customers (big deaers)that give them the largest amount of business. I’m sure they feel the pressure to produce the highest amount of top graded coins and give the big dealers any type of label they desire. Otherwise, the dealers will switch their business to a more grade- friendly company.

  82. high low silver says

    Gary the 2012 S proof silver eagle will have a mintage under 330k.Not bad,but the MAH set has to end its current run.

  83. Jim says

    The rumor is that many of the large telemarketers ordered 10,000+ sets at a time. I would hope that the mint would drop the maximum order size they ship early to 1000 sets, maybe even 500. I believe the no ordering restrictions really hurts the average collector. The mint has really screwed things up with this new system that favors the big boys.

  84. thePhelps says

    ” GMS says:
    May 11, 2013 at 4:03 pm

    God helps those who help themselves Leo. HSN may be shysters but they aren’t doing anything wrong, nobody is forced to buy. God help us when the PC police determine what can and can’t be sold and at what price that is considered “fair”.”

    Legally – no there is nothing wrong with it – ethically and morally there are a lot of problems. Then again if you have low ethics and moral values – I can see where this is just fine and all is fair game.

    @Brian – I don’t think it has anything to do with chemicals. It is apparent to me that some older people grew up when they expected to get an honest buy for their money, and not every salesman was the equivalent of a used car salesman.

  85. GMS says

    @thePhelps: All business for profit is considered to be low ethically and morally by far too many these days, profit pays wages and expenses. The market should decide if something is overpriced or bogus. with almost half the country on some sort of government assistance I wouldn’t refer to people who engage in legal behavior and pay the bills as immoral or unethical, but I am probably one of those “older people” you reference.

  86. GMS says

    Back to talking about coins, the 2012 Bronze Spouse Medal sets have been on backorder for about a week now. Don’t know if it’s production or getting ready to sell out, but I thought I would mention it. Happy Mothers Day to all our mothers today!

  87. JEFF IN TX. says

    I think this set is a winner now and only gets better with time. Even if more sets are made each year same type. This new set will have a different mint mark. With that comes the chance that a mintage could be lower now @ then. I hope the Mint stays with 2-3 coin sets, not anything much bigger. This set will sell more than last years set now doubt. All of these ase sets are winners together. Grading companies just are people who have found away to take a good thing a ruin it . This stuff now just drags this hobby down. I like the silver eagles, but I think it should end in 2021.

  88. Dan in AZ says

    If you factor in the fee’s that eBay/PayPal tack onto an order those margins are even slimmer, since the fee’s can easily range in the 10-13% range or more. When I was selling bullion, I thought about eBay and created a little spreadsheet that I could use to calculate all the fee’s and determine what I had to sell it for.

    I ended up going to the local gold exchange and selling it for 1-2% over spot. I suspect many eBay seller would do better using this same approach.

  89. JEFF IN TX. says

    How many moms are in the hobby, lets here ya! Happy Mothers Day !!!! This new eagle set , every mom should have one.

  90. gatortreke says

    Re: HSN, I have no idea what their margins are once they pay all their expenses. For all I know, the coin show operates on thin margins despite the high prices and I agree they are high but they also have higher expenses producing and airing the show, etc….

    One thing I don’t understand about those complaining about the way the SF set was sold last year and the WP set is being sold this year is that despite the new sales approach, the number sold was lower than the 2006 Anniversary set which sells for a premium today. The 2006 set was on sale for a number of months so everyone who wanted one had the opportunity to buy it, just the same as the new format. The fact that sales were similar suggests to me that the natural initial demand for these sets is somewhere in the 250,000 range. We definitely know 100,000 is too low. Still, current prices for the 2006 set are significantly higher than the original sales price, I don’t see why SF won’t be similar in the coming years because the 2012 RP is still unique to this set. Maybe I’m wrong, I’d love to have someone give a good argument explaining why the lower mintage 2012 set won’t do well in the future as we all need to understand the logic behind the opposing argument so we can then see the flaws in our own thinking. BTW, I only have the set I bought for my own collection, I’m not looking to flip any, I just want to understand why so many think the 2012 set has dim prospects.

  91. Buzz Killington says

    There are just too many different kinds of ASE that have been put out of the last 5 years. It is getting overwhelming.

    It is bad enough they now have to make special sets for every multiple of a 5 year anniversary, but now we are looking at special sets every year.

    I do like that they are experimenting with different finishes. I would prefer to have a “numismatic” version every year, preferably with a rotating reverse every year, as opposed to the boring Reverse now in use. It could be proof, reverse proof, enhanced uncirculated, or whatever. Something different every year.

    2016 would be the perfect year to start, with the classic walker half reverse for the 100th anniversary of the first walking liberty half.

    This is much more interesting that the now-overused reverse proof, and mintmark varieties of the same coin designs over and over and over.

  92. Michael in Bama says

    RE: gatortreke
    The mint’s high premium along with the high price of silver has sucked any potential out of these sets (2012 & 2013), any drop in the spot price of silver will kill the future of these. This set should have been $124.95 ~ $129.95 MAX. Too many RP’s now, the mint could have just sold the enhanced ASE alone for $74.95 and cleaned house!

  93. Hawkster says

    Hey Buzz,

    If the Mint stays with the same obverse and reverse for the ASE, eventually they will run out of permutations for the now yearly “special” sets. The only mint facility that hasn’t produced the silver eagles is Denver, and I don’t think they are set up to make ASE coins. The anniversary thing with these ASE sets is getting a bit overused, and the reverse proof is no longer unique.

    The classic Walker half reverse should be considered by the Mint. The Walker halves remain one of my favorite U.S. coins.

  94. Dogman says

    I 100% agree with the mint to demand program.30 days is sufficient time for all interested collectors to get in.No one should have to pay a premium over the mints own which always has seemed high to me.For many $139.is a lot of money.Collect wisely.Best regards to all collectors.

  95. Dan in AZ says

    But there are those that say we live in a capitalistic society and any chance to make a quick buck by buying in bulk and flipping should be allowed. Still I commend the mint for at least a 30-day window.

  96. Dogman says

    Dan,You are totally 100% correct it is nice to make a buck and everyone likes to see there collection grow in value and all educated collectors should and most will take advantage of this 30 day window of opportunity.What rubs me is greed.

  97. Dogman says

    I liked the limited demand for the SF 2 ASE set on the secondary market.The limited demand because of the 30 day window held the flippers and all secondary sellers to the wire.Everyone is equal.

  98. Dogman says

    I liked the limited demand for the SF 2 ASE set on the secondary market.The limited demand because of the 30 day window held the flippers and all secondary sellers to the wire.Everyone is equal.

  99. stephen m says

    gatortreke, I would think the 2006 anniversary ase set will always command a premium. The 25th anni. sets will also do very well with the SF & WP special 2 sets following in their shadows. No one knows for certain which sets will outperform other sets in value. Only time will determine that. Collect what appeals to us and what we like and the rest will take care of itself. I think all these sets are a home run in my book.

  100. Hawkster says

    Judging by the amount of WP sets sold in the opening sales days, it can be deduced that the TV guys and other big-time dealers are gobbling up large quantities. I guess the mega dealers don’t seem to think the coin buying public is yet jaded by the stream of now annual special ASE sets that the Mint is producing.

  101. Dogman says

    All any of us really need be concerned about is what it takes to satisfy you and me as collectors.there always seem to be sufficient fish in the barrel to feed the flippers and HSN and I for one wouldn’t mind seeing these guy a little lean.

  102. Dustyroads says

    I have to give the US Mint credit for knowing their stuff when it comes to business, this is nothing less than the result of “shock and awe”. Think about it, the 25th anniversary set that was a guaranteed winner, and then the sell outs of 2012, this is full on results baby!

  103. Dave says

    My prediction — we are going to see some variety/errors with this ASE. Remember, you heard it here first.

  104. im just a bill says

    Dave!

    I heard it.

    But then again we are talking about the first ever enhanced eagle!

    is next??? enhanced proof eagle 😉

    then reverse enhanced???

    reverse enhanced proof!

    then where?

  105. Rich says

    im just a bill –

    “Polish and laser frosting recipes will differ going forward and will depend on the design elements of coins. Artists can actually create designs with the new method in mind.” –

    “Antonucci said he could soon foresee “five or six different frosting intensities on a single design.”

    “Antonucci indicated they will decide as a group on how to apply the polishing and laser frosting technique to every design going forward.”

    http://www.coinnews.net/2013/04/08/new-polishing-and-laser-frosting-technique-enhance-coins-us-mint-says/

  106. Rich says

    Hidalgo – I’m with you, I’ll be happy with my one set now in OGP vs. at least 3 to 5 sets for prosperity sake. I’ve pulled back on this one…

    I’m really disappointed how this is unique coin set has turned into a circus and being whore’d out for a quick buck.

    I suspect with all the variations to come, the excitement about this coin will quickly fade…

    I can’t help but think this new ASE design will follow the path of the Buffalo.., the ’06 Buff sold very well…, prices escalated and the novelty wore off…, & then we had the ’08 Buff.., which blind luck landed me a few of those! 🙂 !

    If the new laser frosting technique is to be applied to many designs in future, I SO HOPE the Mint turns the lasers loose on the ’14 ATBs…, that would spectacular on Great Smokey/Sands and others…

  107. merryxmasmrscrooge says

    not to mention after the unc. dollar set sellout, the Unc Burnished 2012-W $1 silver Eagle has a final mintage of ~200,000 + 30,000 = 230,000

  108. Don says

    Rich,

    As per your comment “Polish and laser frosting recipies will differ….” It’s great that we might go international with Polish people offering up their recipies to keep this ASE coin going.

  109. Don says

    Rich,

    O.K., I was just having a little fun with the word “Polish”. I think it might be the only word in the English language language where it is pronounced differently if it is lower cased vs. capitalized.

  110. Eddie says

    I understand what all of you are saying but these are exciting times. It is so much better than the same ole UNC’s each and every year. You know the Mint isn’t going to “enhance” everything they can get their hands on. It is just exciting to see what and will do with.

  111. Samuel says

    im just a bill,
    then, reverse enhanced proof with UHR, obverse colorized, reverse gilded!hahaha

  112. Rich says

    Don,

    I’d like to share some enhanced “Polish” ASE jokes with those that buy up the TV retailers inventory of these things…

    Oh.., how I can’t wait to see the marketing ploy and asking price!

    If anyone sees a WP ASE sales advertisement on TV being run, please do share

  113. Jus-a-coin-luvr says

    I don’t really get why people get so upset about the resellers and their profit making plans for this set. I do get why “collectors” would be bothered by total mintage, but the Mint’s prime motivation is not to provide collectors with future wealth on any given coin. Complaining about what a reseller will do with this set is like “shooting the messenger”. They have as much right as anyone else to buy product via the Mint’s provisions and resell it any way they want to do it.

    This is “all” about “making a buck” from the way the Mint sells these sets, to collectors that hope for a future profit, or to resellers that want to make money selling in volume. The collectors that buy this set, for the pure enjoyment of the coins and don’t plan to sell, are largely are unaffected by who makes what dollar in the future on this set.

  114. thePhelps says

    @Jus-a-coin-luvr – I don’t have a problem with people reselling per-se. What I dislike is the fact that they are buying huge bulk volumes of these to resell. I do collect coins – but that is a 2 sided coin. On the 1 side I have my initial investment, and on the other is the growth and possible value of my coin collection.

    The greed of the reseller is to purchase large volumes of these and dump them on the market – for a relatively small profit by all acounts. This dilutes the market with these offerings – and diminishes all of the collectors coin value. They win very little, and we all lose.

    These are numistic offerings for collectors – that is why they even exist and why the mint sells them. If the mint wants to see why they are losing thousands of collectors annually, they need look no further than who is buying in bulk and reselling the items they are supposedly making for collectors. When I see stories of companies buying pallet loads of these to resell – it sours my interest in the entire process.

  115. Addielise says

    +1 Coin-Luvr.

    thePhelps, if you want to blame someone, blame the Mint. They are the ones who allow anyone and everyone to purchase as many sets as they want for 4 full weeks. Ironically this was seen as a solution to prevent the whining that resulted from the 2011 25th Anniversary sets. Sets that had both a set mintage AND a limit. Yes there were ways around the household limit, there always will be, but given the quick sell out it made it more difficult to accumulate a large number of sets. If a reseller dumps them on the market for a small profit, doesn’t that still mean that they have increased in value? Or is there a set ROI percentage that I don’t know about that separates the deserving collector from the greedy reseller?

    I wish everyone would stop the whining about the greedy flippers and just enjoy the coins or sets that you have.

  116. Jus-a-coin-luvr says

    @thePhelps: Your thoughts and desires are one thing, but do not match the reality of the situation. If the Mint was actually interested in making this primarily a “numismatic” product, they would “not” have an unlimited production, nor place zero limits on purchase quantities. That is the sales strategy of making money based on volume which is exactly what we will see happen with this set. That is the Mint’s decision and direction, not a fault of those that purchase the sets regardless of who that buyer may be.

    Like you, I’d personally love for this set to be very limited so that future value could be possibly increased. But that isn’t a very realistic expectation when a set is released the way the Mint is doing it. That is why I say don’t “target the wrong people” by complaining about the resellers. Resellers are simply doing what “they feel” is in their best interest, just as you would like to see things happen that are in “your” best interest. Neither are wrong. If you want to take issue, better to start with the Mint themselves where the buying behaviors are set in the first place.

  117. JagNut says

    You can’t have it both ways! You complain if you were left out and buying from the secondary market with the 25th Anniversary set to fussing about an unlimited production…In both cases, you knew what the rules were before they went on sale.

    If you are a flipper, maybe the coins will be better then expected and it will create a media storm once they start hitting the streets and the freenzy will beging.

    If you are a collector, you are in it for the long haul and you bought the coin becuase you not only liked it but you wanted it for your collection.

    If you are a flipper – unlimited production runs are not good bets to make large purchases.

    As far as the TPG’s, only time will tell how they will hold up in the market place. Who knows what time will dictate if they continue to peform as they have in the past 5 years or so… Since there are no limits on how many you have graded for any given coin, I think the OGP will be the reall winner! Shoot, in another 10 to 15 years, some of the earlier mint and proof sets from our modern era will be not only hard to find but will be selling for a premium!

    In summary, if you like it or want it, buy it. If you are looking to make a quick profit, that time has already passed. Those who are going to get their orders in the first couple of weeks will be able to make some small change, after that it will be either flat or turn into a buyers market because of the over production!

  118. thePhelps says

    @Addielise and @Jus-a-coin-luvr – you both ignore the fact that I do blame the Mint.

    “If the mint wants to see why they are losing thousands of collectors annually, they need look no further than who is buying in bulk and reselling the items they are supposedly making for collectors.”

    The mint listened to a loud screaming throng last year – that complained very loudly about the “Special Set of ASE” and then they released 1 of the coins seperately.

    The issuance of these coins is for collectors – that is the only reason the mint releases coins in these sets – that is why the mint exists today at all. Ignore the collector and you don’t actually have a target audience anymore. The same can be said for the bulk buyers – if they continue to drive collectors out – they will find very little to buy – and no one to sell it too. The mint is losing a market – the numbers tell them they are losing a market. If the mint needs to sell in bulk to make a profit (which isn’t supported by the numbers), then why are they over charging for the product.

  119. Eddie says

    The Mint gives them a discount on the bullion right when they buy in bulk? I don’t think the Mint should let them buy pallet loads of the collector coins. If they can go out and find people willing to sell them their 3 or 4 sets find but to let them buy pallet load after pallet load is wrong plus give them a discount also. Where we are stuck paying a premium. I fell if we buy 5 sets we too should get a discount on them to.

  120. Jus-a-coin-luvr says

    @thePhelps: Lotta unhappiness there for just coin collecting my friend. There are much worse things in this world than “collector’s loud screaming” about coin values and sales practices of the US Mint. Your own idea of what the Mint either is or should be to collectors (while understandable) could be a mismatch is all that I’m saying. Things change.

    Coin Collecting is supposed to be fun for whatever reasons we find. When it degenerates into a bunch of complaints and anger, the question has to be asked…is that really much fun?

  121. Eddie says

    One more thing when the Mint reduced the price on the 2012 stock the reason they sold out so fast was because the retailers bought most of them. I may be wrong buy I doubt it.

  122. Hawkster says

    One way or another, collectible coins and sets will end up in the hands of collectors, whether if the collector buys directly from the Mint or buys on the secondary market.
    Other than limiting quantities to purchasers, there is no way the Mint can exert any control over what happens to these coins after they are mailed out to the purchasers. When you think about it, the Mint is the largest coin dealer in the United States. We, as Mint customers, buy from the primary source before the secondary market takes over. Less informed and novice coin collectors look to the secondary market, as they are not aware that many of the offerings can be bought directly from Dealer #1, the U.S. Mint.
    There’s no doubt that the mega dealers have greatly contributed to flooding the market by their immense Mint orders. Unfortunately, this is part of the coin game, and we all have to accept it for what it is.

  123. John says

    FYI – The mint is in business to make circulating coins! Collector coins are secondary. Also the mint sells retail not wholesale. If a dealer buys in bulk they only get a 5% discount. For bullion, “Authorized Purchasers” pay a fixed dollar amount over spot. Do the math, that’s not much margin if you have a “Brick and Mortar”, employees, insurance, power… the list goes on. Bottom line, if a “flipper” can make a few bucks why not, it’s their capital at risk not yours.

    If you want something with a “low” mintage there are lots of World coins with numbers below 10,000. Or better yet buy a “Classic”.

  124. nick says

    I bought 2 of the limited edition 2012 sets and one of the west point sets. I am lucky and made a sold one of the limited edition sets for $200. after they sold out. keeping one for myself. I am only ordering one west point set as there are too many being made. there is a medium mintage range that I will buy within. too high and theres no chance and too low could be a gimmick. I wonder if the mint knew they were going to cut the 2012 silver proof sets short? anyway im in for the long haul

  125. thePhelps says

    @Jus-a-coin-luvr – actually you went way out in left field. I collect a lot of coins, both old and new. I enjoy collecting coins, and am very much looking forward to this set of coins. While you might find the idea of mass marketers destroying the hobby a part of the hobby, I am not alone in the belief that they have no business doing it on top of lowering the value of my/your/our collections for a quick buck. I won’t accept it quietly as a sheeple and not voice my opinion.

    The Mint heard about the displeasure of collectors last year. They also have adamnatly stated they won’t repeat the disaster they created with the issuance of a 2nd coin from an “exclusive” set his year. I think they also need to hear the displeasure many of us have with the massive buying of seconday distributors, and work to limit that from happening.

    The mint is in business for the numimatic collector – if there aren’t collectors there isn’t a mint. Instead of gaining customers with the emmergence of mass marketers – they are losing customers. That is even including the mass marketers purchases – the volume is going down. I’d suggest that isn’t a good sign of the future, high prices low sells – will ultimately lead to lower and lower sells.

  126. Dogman says

    The mint is in a no win position.They’re going to get flack regardless what they do.Limited production with no household limits,limited mintage with household limits,production with a 30 production window no limit of purchase.The 30 day window of opportunity with no purchase limit is by far the fairest of all options offered.Educated collectors interested in this offering have plenty of time to secure as many set as they want,need or can afford.The bulk buyers are going to secure sets regardless of control.With this window there is no reason for any serious collector to pay a flipper or secondary seller a premium.Who cares what the uneducated buyer choices are.Good lord give it up.These set and all mint offerings are collectibles not investments.If you guys were half smart there would be no flippers.Open your eyes.

  127. Silver Sam says

    Dogman-
    The present production and distribution scheme is as fair as it will ever be as you stated on these special sets! Flippers, bulk dealers, collectors, acquire your sets, and go about your business. Life isn’t always fair but it is short and to be enjoyed. Can’t wait for the RP Buffalo. Have never bought this product design, but will buy some this time around.

  128. Jus-a-coin-luvr says

    @thePhelps: I’m not the one in “left field” and certainly not the one trying to tell everyone that my view of coin collecting is the “gospel”. I’ve been collecting too for a very long time (53 yrs). Please leave off the “sheeples” remarks and whatever else you want to assume about how I view this subject. I can assure you that there are plenty of people here that also have no problem voicing an opinion. Some of us just choose our battles differently.

  129. Ann says

    On the special sets they should keep the 30 sale period and
    limit five per household per week. This would take some of the
    wind out of the predatory or sale gimmickery tv folks!

  130. Gary says

    hahaha..my 5 2011 25th Anniversary Sets…just keep loking better and better and better and better!
    I wish we could find the old post from 2011 and see all the people crying about the 100k mintage of the 25th Anniversary Sets. You gotta be careful what you wish for!

  131. Silver Sam says

    Ann-
    With your thoughts, big dealers would be hampered, but mint wants as much sales volume possible in general. So limiting in your way will not happen. It’s a nice thought though.

  132. John says

    thePhelps says:
    The mint is in business for the numimatic collector – if there aren’t
    collectors there isn’t a mint

    Please read my last post. The Mint & BEP are in business to make money for commerce, first & foremost. You can reach into your pocket right now and possibly find something collectible @ face value.

    The only way the mint will go out of business is when we go cashless but I’m sure they will still make collectables.

  133. John says

    IMO, the Mint is one of the best deals in town. You can get UPS 2 day shipping for only $4.95 no matter what weight or value. No Credit Card surcharges. Some product premiums are higher than others but you don’t have to buy anything from them, it’s your choice.

    The 5 oz ATB “P” has low premiums and the highest mintage so far is only 27k. Buy what you like, enjoy.

  134. Shutter says

    I don’t fully understand all the whining and the hand wringing. As of now, this set exceeds 2012 by a tad less than 60%. If things follow last year’s trajectory, the final tally maybe just shy of 400K. That’s on par with 1994 Proof ASE. The last time I checked those were selling for $75-$90 in OGP. But that one was a regular proof no different than 28 other ASE proofs. This set contains a reverse proof. Yes the 3rd one, but the first from WP. It also contains the “enhanced uncirculated”. Whatever that may mean, it’s the first one ever.

    No, it won’t be another 1995 W ASE, but it will do ok in the long term.

  135. Hawkster says

    Shutter,
    Your comments are well stated, but I do believe this will be the fourth reverse proof (2006, 2011, 2012 and 2013).

  136. Shutter says

    Hawkster,

    You’re right, but still the first from WP.

    Also, it’s the 3rd mint that is producing reverse proof. If you just wanted one from every mint, you’d get 2006 or 2011 plus 2012 and 2013. It’d be awesome if Denver Mint produced ASE for just one year and it was a reverse proof.

  137. Brad says

    It’s looking like the only ones who will win on this set are the real collectors who want it for themselves. Supply will exceed demand. I’ll just buy the one for my collection this time around. If anything, I might buy an extra one for my dad for Christmas. He likes ASE coins, but is usually too cheap to buy them for himself!

    For the 30th Anniversary set in 2016, the Mint should go all out and give us something REALLY special. By then, they should set up production capability at Denver. It should be a silver 10-coin set, two rows of five coins in a box similar to the 25th Anniversary set but wide enough to accommodate the extra coins. There should be “Enhanced Uncirculated” coins with W, P, D and S Mint marks, Reverse Proof coins with W, P, D and S Mint marks, a standard proof coin with the P Mint mark and finally the creme de la creme: A standard proof coin with the W Mint mark but sporting the ORIGINAL Walking Liberty Half REVERSE design from 1916. It should have a 100,000 set limit with orders limited to 1 per household. Even though it would be VERY expensive, unlimited orders for 4 weeks would still make the mintage too high and rob the set of the special value it should have.

    I know this will never happen, but it’s still fun to dream! I’d definitely be in there fighting for it at the 12 noon “free for all” on whatever day it went on sale!

  138. Silver Sam says

    Great idea/dream/thought….I would make it a 200000 mintage still under every thing but 25th set and a 3 per household limit. That will still cut out dealers and flippers somewhat!

  139. Shutter says

    It should have a 100,000 set limit with orders limited to 1 per household.
    All those artificial limits serve to reward flippers and punish collectors. Last year I said that limited order window with unlimited mintage was the best news for collectors. Nothing has transpired to change my mind.

  140. Frankie says

    @shutter:
    I totally agree, and despite that fact that I’d consider myself collector, flipper & investor. To me, this type of offering feeds all three of my desires, although I maybe left with just the collector aspect. But who knows how much these sets will be worth in 5 years from now? Do I really care, no. And I may treat myself to 10 sets.
    No matter what limit the Mint imposes there are always ways around it. Household limits are meaningless for example as you can ask family, work colleagues, friends, friends of friends etc. to order the maximum permissable for you for a few bucks extra. It’s not difficult to obtain 50 sets which have a limit of 5 per household. Just think of the possibilities.
    Hence I think this type of ‘window opportunity’ is great. No matter if you want 1 or 1000 sets, you can order as many as you like and you got one month to do so (no stampede!). Everyone’s equal, no pre-ordering, master club etc.

  141. JagNut says

    If you take the 5-coin display that came with the 2011 25th anniversary, you can take the four reverse proofs (06, 11, 12 & 13) and either use this years Special Enhanced coin or the 2011 San Francisco Mint mark coin and you have yourself a pretty awesome set!

    That is what the “Joy of Collecting” is all about!

    Can predict the future but the one thing I know is that in ten years, their can’t be more then 100k of these special sets. Put a price tag on that one!

    Sometimes you just have to look at the bigger picture!

  142. Shutter says

    Cancellations already?

    It’s a tad early for cancellations. Last year’s daily orders were all pretty low after the first 2 days and before the last week. It’s nearly certain this set will sell more than 2012, but not a whole lot more. There is a limited number of collectors and the big dealers know that. Last year about half the ordered quantity was placed in the first 2 days.

  143. high low silver says

    If you ordered late on the 1st day , you have untill July to get your money back.

  144. Gary says

    You can take this 2 Coin Set add a Regular Proof Silver Eagle and Burnished W Eagle and a bullion eagle and you got yourself a nice little 2013 Silver Eagle Set! All i need is the W Burnished Eagle and i got it done!!

  145. VA Bob says

    For the thirty year anniversary, I hope they change the design of the ASE. That would be good for collectors and might give the series a little bump too. Now the Mint just needs a design worthy enough to replace the walking liberty, the reverse should be an easier task.

  146. shootertm says

    Got my order in, but have to say that no limit is kind of distressing. Why can’t the Mint take their cue from the various other mints from around the globe and put out true numismatic sets with extremely low mintage’s (i.e. 1000, 7500, 10000, etc.) or at the very least, number the COA’s.
    Oh well, maybe one day…

  147. John says

    Gary says:
    May 14, 2013 at 8:44 pm

    You can take this 2 Coin Set add a Regular Proof Silver Eagle and Burnished W Eagle and a bullion eagle and you got yourself a nice little 2013 Silver Eagle Set!

    I did that last year and I used a left over 25th Anniversary Set box to hold them in. I don’t think I will do it this year. I haven’t bought a 2013 Proof yet.

  148. Dustyroads says

    Wouldn’t it be funny if after 350,000 sets were sold and cherry picked, 150,000 sets were returned to the Mint.

  149. Dogman says

    Take the distribution technique and spin it til you drop.the mint got blasted for limited mintage,household limits and most current the 30 day window mint to demand.The truth is all collector deserve exposure to the product. For me they got it right with the 30 day window.These offerings belong to the you and me the everyday collector.Every form of the secondary market stand alone.The buyer controls the market.Be a wise collector

  150. Dogman says

    Observe world mints with extremely low mintages,do you see consumers scrambling to buy.consumers of mint products covet the USA products.You guys in the USA are jaded.Go fish.

  151. high low silver says

    Dogman: You should see people playing the Powerball lottery every week! Lol

  152. Don says

    high low silver,

    O.K., I think I’ve figured out that you are the former hi ho silver. That “Lol” that you are fond of using at the end of your comments gave it away.

  153. Don says

    high low silver,

    I guess you weren’t on an extended cruise after all. If silver tanks any more you might have to consider changing your handle once again, this time to Low low silver.

    I have noticed many new commenters have burst upon the scene in the last couple weeks or so. Or, are they old commenters who have simply changed their handles?

  154. high low silver says

    I think they are flippers jumping in for a fast buck. I noticed more activity on the other anniversery sets as well.

  155. nick says

    still a broke college student here, managed to get a 1/10 oz gold proof. I don’t know if im going to get any 5 oz pucks or not? hmmm I don’t trust silver, i feel theres going to be another price drop mid series this year. who knows

  156. high low silver says

    Nick, if your broke, collect indian head pennys or buffalo nickles…… That’s how I started…… Its FUN,but no serious $$$….whatever you can handle.

  157. Dustyroads says

    Hey Christopher Cross, glad you didn’t sail off the edge!- hehe- Oh shoot, off topic again…nick just needs a woman. Dang, still off topic, set a goal like buying a barber half in good condition at around one million mintage. The ones just under a million are a little harder to get but it’s fun when you own it. I still have my heart set on owning a 13,14 or 15 P in AU or UN condition. I at one time bought a 1913 P in AU, but came to the conclusion that the P had been removed, luckily I was able to return it. Those who want the rarer Barber halves really must look closely at the Mint mark area for forgery!! Still need a 1932 D quarter in MS condition….wait a minute, off topic, again.

  158. Dustyroads says

    Ok, I didn’t say that right, one cannot remove a P from a Barber half because it doesn’t….have one!

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