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2013 $50 Uncirculated Gold Eagle on sale today at noon

Discussion in 'PM's - Coins - Numis - Base Metals' started by hernancortes, Jun 6, 2013.



  1. MrLucky

    MrLucky Silver Member Silver Miner

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    How many have been graded......

    For the MS 2013-W $50 GAE

    NGC 9/16/13

    2457 - Submitted

    2040 - MS70

    417 - MS69


    PCGS 9/16/13

    1104 - Submitted

    882 - MS70

    222 - MS69


    MS70 - NGC - 83% - PCGS - 79.8%

    MS69 - NGC - 17% - PCGS - 20.2%



    On 9/16/13 if we're at 5551 - 2457 - 1104 = 1990 either ungraded or at other graders.
     
    Last edited: Sep 17, 2013
  2. hernancortes

    hernancortes Gold Member Gold Chaser

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    ...week 14...

    2011: 4145
    2012: 5487
    2013: 5480

    We need this coin to go red/backorder in November assuring us of no 2nd striking run. Assuming an average weekly sales of 200 coins for the next 10 weeks followed by a sellout that would put us at 7500 coins. Does that work for you guys?
     
  3. MrLucky

    MrLucky Silver Member Silver Miner

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    ^^^ 7500 units doesn't make me particularly happy, but it does put it below 2011 which I think was just over 8000, so I guess it's ok.

    Where are those spouses when you need them?

    edit: added some mintage info to keep everything in perspective.
     

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    Last edited: Sep 12, 2013
    earplugs and hernancortes like this.
  4. MrLucky

    MrLucky Silver Member Silver Miner

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    Finding myself with nothing to do, let's try another chart!

    Design may change from week to week as I find something I like better. Feel free to suggest changes.
     

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  5. earplugs

    earplugs Gold Chaser Platinum Bling

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    does anyone know why the 2012-w eagle was cut so short?
     
  6. hernancortes

    hernancortes Gold Member Gold Chaser

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    sales @ Week 15

    2011: 4954
    2012: 5524
    2013: 5551
     
  7. MrLucky

    MrLucky Silver Member Silver Miner

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    At 15 weeks

    Think it's time to remove the labels, now that the lines crossed.
     

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  8. hernancortes

    hernancortes Gold Member Gold Chaser

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    They struck about 6000 initially. They sold out of the 6000 in their 20th week of availability in November, which is too late in the calender year for them to want to strike more. Sounds overly simple but that's how it works to the best of my knowledge.
     
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  9. hernancortes

    hernancortes Gold Member Gold Chaser

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    Some digging reveals a little history.

    The 2011 coin went backorder on or about 9/29 of that year with most recent reported sales of 5817. When it sold out in mid-Jan. '12 final sales were 8,822.

    The 2012 coin went backorder just hours before showing sold out on Nov. 9 of that year, with most recent reported sales of 5,796.

    Sooooo.... did the mint initially strike 5,800 coins this year? Will we find out here in a week or two with the latest price drop? If so and a 2nd strike is done, more or less than the 2011's 2nd strike of 3000 coins?
     
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  10. hernancortes

    hernancortes Gold Member Gold Chaser

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    Sales @ week 16:

    2011: 5142
    2012: 5600
    2013: 5635
     
  11. MrLucky

    MrLucky Silver Member Silver Miner

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    And the expected chart.....

    And a trip back to post #81 for the graded population report may be of interest to some ....
     

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    Last edited: Sep 24, 2013
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  12. tekhen

    tekhen Seeker Seeker

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    from a numbers view, do you believe that 10,000 is the key?
    Also, will 2013 see a larger mintage than the previous two years?

    I also wonder what the Mint's plans are for 2014? If another/other Au coin(s) outside what is already minted come out, it seems the numbers for the AGE will be lower.
     
  13. hernancortes

    hernancortes Gold Member Gold Chaser

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    The 10,000 mintage number would seem to be important since there are very few collectable Eagles under that number. But with ever-declining sales, and more issues falling under the 10k barrier a 10K mintage probably drops in significance. It's going to take a lower number to get attention goin forward. Even the 1/2 PR AGE has a shot at sub-10K for 2013.

    It's hard to imagine, at the current pace of sales, and going by historical mint habits and striking data, that this coin will go over the 2011's 8,822. My guess is the 2013 will finish between 6.5K and 7.5K sales and that beats a stick in the eye.
     
  14. tekhen

    tekhen Seeker Seeker

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    Sep 19-25 --- 5,635
    2012 --- 6,118

    I truly wish the Unc Bison were still minted but alas... this is the first and last(hopefully) coin that I may look at as both a collector/investor.
    What I 've told myself is that when 2014 comes to market, I will compare the price to bullion weight. In other words, Unc Eagle price to troy oz in bullion Eagle. Rather have 1.5toz bullion than one Unc.
     
  15. hernancortes

    hernancortes Gold Member Gold Chaser

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    Sales @ week 17:

    2011: 5229
    2012: 5606
    2013: 5663

    Referencing my 9/18 post & assuming an initial strike of 5,800 coins, wouldn't we like to see more 28-coin sales weeks like we just had.
     
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  16. MrLucky

    MrLucky Silver Member Silver Miner

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    ^^ Like he said.
     

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  17. savvydon

    savvydon Gold Member Gold Chaser

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    I'd like a six coin week like they had this past week in 2012 even better! :thumbs_up:
     
  18. hernancortes

    hernancortes Gold Member Gold Chaser

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    Sales @ week 18:

    2011: 5508
    2012: 5719
    2013: 5725
     
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  19. tekhen

    tekhen Seeker Seeker

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    I must say...
    the more I have followed this thread and mintage numbers, if the coin is minted at years end I will not wait for '14 and jump on board for 2013.
    this is not as good as the unc bison of '08 but is much better than the unc spouses!
    the numbers from the RedBook, Greysheet and online dealers seem to make this coin a sleeper.
    To add, I have found dealers that sell same year ('13) cheaper than the Mint.
     
    Last edited: Apr 23, 2016
  20. hernancortes

    hernancortes Gold Member Gold Chaser

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    What is the future of the unc.-W series of coins? Plats and buffs long gone, silver and gold skipped over for two years. I would've thought the AGE's and ASE's would be eliminated by now with their ever-declining sales. That's perhaps one reason not to sleep on them.
     
  21. deweytucker

    deweytucker Silver Member Silver Miner Site Supporter

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    curious to know where you are finding them for less than the mint.

    Cheers!
     
  22. tekhen

    tekhen Seeker Seeker

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    it was APMEX... but they are now showing out of stock for '13
     
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  23. hernancortes

    hernancortes Gold Member Gold Chaser

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    Sales @ week 19:

    2011: 5540
    2012: 5796
    2013: 5730 (whopping 5 coins from last wk)
     
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  24. MrLucky

    MrLucky Silver Member Silver Miner

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    Like he said.
     

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  25. savvydon

    savvydon Gold Member Gold Chaser

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    That's what I'm talkin' 'bout! :banana:
     
  26. hernancortes

    hernancortes Gold Member Gold Chaser

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    HUGE sales last week. Week 20
    2011: ?
    2012: 6114 (sold out)
    2013: 6765 !!

    The '5800' theory is quite obviously, toast.
     
    Last edited: Oct 22, 2013
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  27. tekhen

    tekhen Seeker Seeker

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    from 5730 to 6765 in seven days. I wonder if the mint is playing catch up on its reporting?
    I still believe that if mintages remain below 10000 that this is a coin to have. a mintage of 8000 would be very good.
    I am now 100% sold on the UNC AGE!
     
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  28. savvydon

    savvydon Gold Member Gold Chaser

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    Seems like a coordinated attack! Wonder if someone with deep pockets went long? No other way to explain going from 5 units sold last week to 1035 this week.
     
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  29. hernancortes

    hernancortes Gold Member Gold Chaser

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    All Gold gold numi sales were way higher across the board last week with the 1 oz gold PR selling nearly 1000 and the PR buff selling 554. Commem. and spouse sales up. Price drop must explain a lot. Gold proof $50 is showing backorder again, but our beloved unc. is hangin tough. I swear if this thing doesn't sellout soon I'm hangin it up and conceding defeat. I don't know what the heck the mint does anymore.
     
  30. savvydon

    savvydon Gold Member Gold Chaser

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    They do keep one guessing and on their toes - almost the way any market might... I don't know if these are random decisions or part of some well thought out plan to keep the game interesting, but it sure does seem hard to apply pure logic to figure out what they will do next. As long as we have been in a bull market pretty much just covering all the bases and falling into something good by dumb luck was a decent plan, but these past couple of years with falling prices have made it harder to sort through what will leave one in the black vs the red.
     
    Last edited: Oct 25, 2013
  31. MrLucky

    MrLucky Silver Member Silver Miner

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    At week 20 (and week 20 for 2011 was 5,622)
     

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    Last edited: Oct 23, 2013
  32. MrLucky

    MrLucky Silver Member Silver Miner

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    And meanwhile, Apmex is discounting MS70 ER 2012-w slabs. very :confused:

    Sales Blitz! Save $500.00 per coin!
    Sold out at the U.S. Mint with a mintage of only 6,118 coins!
    These Burnished Gold American Eagles were struck on special blanks and were treated to give them a look that is very distinct from regular business strike Gold Eagles. Each of these Burnished Gold Eagles has been graded MS-70 by NGC with the Early Releases label, guaranteeing they were received by NGC within the first 30 days of minting.

    http://www.apmex.com/product/71382/2012-w-1-oz-burnished-gold-american-eagle-ms-70-ngc-er
     
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  33. savvydon

    savvydon Gold Member Gold Chaser

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    I would hardly call that a sales blitz! A blitz of some kind, though, maybe?... :bear_rolleyes:
     
  34. tekhen

    tekhen Seeker Seeker

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    that's because precious metal exchange is watching this thread... my conspiracy theory

    I have been lazy can someone post the total mintages for all years??? thanks
    2006 = 5708
    2007 = 11602
    2008 = 9057
    2009 = N/A
    2010 = N/A
    2011 = ?
    2012 = ? 6114 but not from US Mint report
     
  35. savvydon

    savvydon Gold Member Gold Chaser

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    2006-W 45,053
    2007-W 18,608
    2008-W 11,908
    2009-W Not Minted
    2010-W Not Minted
    2011-W 8,800
    2012-W 6,114

    They have pretty good mintage charts over on Modern Coin Mart
     
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  36. tekhen

    tekhen Seeker Seeker

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    thanks...
    something is off. from the Mint's sales figures ---
    http://www.usmint.gov/about_the_mint/index.cfm?action=PreciousMetals&type=numismatic


    am I reading it wrong? they show a 2006 mintage of 5708 for the 1 oz Unc version.
    where does 45k+ come in?
     
  37. savvydon

    savvydon Gold Member Gold Chaser

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  38. tekhen

    tekhen Seeker Seeker

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    right... thanks.
    forgot about the reporting of sets.
     
  39. hernancortes

    hernancortes Gold Member Gold Chaser

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    Sales @ week 21:

    2011: 5817
    2012: 6114 sold out
    2013: 7096
     
  40. shallow_explorer

    shallow_explorer Silver Member Silver Miner

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    So they key question to ask "is did the US Mint intentionally under report the mintage numbers of this years coins?" I highly doubt that a dealer would buy 1,000+ coins and push the mintage up thus destroying value at the same time. I know I was watching the mintage race and nearly bought a coin a couple different times when the 2013 coin lagged behind. Something smells.
     

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