1. Stocks down 9 out of 10 sessions and weaker this am. Metals also weaker
    Dismiss Notice
  2. Good Thur Morning! Gold is -4 to 1249, while Silver is down 9 to 1815. Crude is off 10 to 4941 after recent reversal. The USD is up 8 to 9992.
    Dismiss Notice
  3. Week of 3/25/2017 Closing prices & Chg Over Last Wk---- Gold $1248.50-- UP 18.30 Silver $17.75-- UP 34 Oil $47.97-- DOWN 134 TICS USD $99.42 -- DOWN 66 tics

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. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,160
    Likes Received:
    1,052
    Trophy Points:
    113
    I think it's wk 1: $1575, wk 2: $1575, wk 3: $1525, wk 4: $1575.

    Clearly the 2011's sales lag is due to the ever rising price of au that summer. Some weeks they were priced at over $2000 from the mint.
     
  2. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,160
    Likes Received:
    1,052
    Trophy Points:
    113
    week 7...

    2011: 2641
    2012: 4851
    2013: 4488
    2014: 3478
     
    earplugs, bully the fed. and Solo like this.
  3. MrLucky

    MrLucky Silver Member Silver Miner

    Joined:
    Apr 27, 2011
    Messages:
    956
    Likes Received:
    457
    Trophy Points:
    63
    Occupation:
    Gambling man
    Location:
    On the Fortuna II
    At week 7.
     

    Attached Files:

  4. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,160
    Likes Received:
    1,052
    Trophy Points:
    113
    week 8...


    2011: 2802
    2012: 4851
    2013: 4592
    2014: 3650
     
    earplugs and Solo like this.
  5. MrLucky

    MrLucky Silver Member Silver Miner

    Joined:
    Apr 27, 2011
    Messages:
    956
    Likes Received:
    457
    Trophy Points:
    63
    Occupation:
    Gambling man
    Location:
    On the Fortuna II
    as of week 8
     

    Attached Files:

    earplugs likes this.
  6. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,160
    Likes Received:
    1,052
    Trophy Points:
    113
    week 9

    2011 - 2907
    2012 - 5075
    2013 - 4640
    2014 - 3668
     
  7. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,160
    Likes Received:
    1,052
    Trophy Points:
    113
    week 10

    2011: 3080
    2012: 5153
    2013: 4773
    2014: 3705
     
    Solo likes this.
  8. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,160
    Likes Received:
    1,052
    Trophy Points:
    113
    week 11

    2011: 3260
    2012: 5191
    2013: 5008
    2014: 3793
     
  9. tekhen

    tekhen Seeker Seeker

    Joined:
    Mar 31, 2010
    Messages:
    244
    Likes Received:
    95
    Trophy Points:
    28
    I have drank the kool-aide.
    This will be a hold and sale coin for me. Being a mintage 'king' and with collectors wanting them it is an investors coin.
    Thanks again to GIM for the schooling. I missed the boat on this one but never late than never.
     
    earplugs likes this.
  10. MrLucky

    MrLucky Silver Member Silver Miner

    Joined:
    Apr 27, 2011
    Messages:
    956
    Likes Received:
    457
    Trophy Points:
    63
    Occupation:
    Gambling man
    Location:
    On the Fortuna II
    For those waiting for a chart. I'll be posting every 4 weeks moving forward. If you need one earlier, just post here and I'll put the current one up.
     
  11. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,160
    Likes Received:
    1,052
    Trophy Points:
    113
    week 12

    2011: 3778
    2012: 5321
    2013: 5118
    2014: 3878
     
  12. MrLucky

    MrLucky Silver Member Silver Miner

    Joined:
    Apr 27, 2011
    Messages:
    956
    Likes Received:
    457
    Trophy Points:
    63
    Occupation:
    Gambling man
    Location:
    On the Fortuna II
    At week 12
     

    Attached Files:

    Solo and hernancortes like this.
  13. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,160
    Likes Received:
    1,052
    Trophy Points:
    113
    week 13....

    2011: 3894
    2012: 5470
    2013: 5298
    2014: 3972
     
  14. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,160
    Likes Received:
    1,052
    Trophy Points:
    113
    week 14

    2011: 4145
    2012: 5487
    2013: 5480
    2014: 3970
     
  15. southfork

    southfork Mother Lode Found Mother Lode

    Joined:
    Mar 31, 2010
    Messages:
    12,669
    Likes Received:
    9,766
    Trophy Points:
    113
    Almost a 400 dollar preium for gae, just cant see it.
     
  16. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,160
    Likes Received:
    1,052
    Trophy Points:
    113
    Week 15

    2011: 4954
    2012: 5524
    2013: 5551
    2014: 4083
     
  17. Krag

    Krag Planet earth Platinum Bling

    Joined:
    Feb 20, 2013
    Messages:
    3,760
    Likes Received:
    2,544
    Trophy Points:
    113
    Gold regularly is offered at 5% or more under melt in a coin club I am a member of. The catch is no one can join unless they get sponsored and they are non looking for new members.
     
  18. MrLucky

    MrLucky Silver Member Silver Miner

    Joined:
    Apr 27, 2011
    Messages:
    956
    Likes Received:
    457
    Trophy Points:
    63
    Occupation:
    Gambling man
    Location:
    On the Fortuna II
    ^^ And the purpose of your post is ......... ?
     
  19. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,160
    Likes Received:
    1,052
    Trophy Points:
    113
    week 16

    2011: 5142
    2012: 5600
    2013: 5635
    2014: 4319
     
    Solo likes this.
  20. MrLucky

    MrLucky Silver Member Silver Miner

    Joined:
    Apr 27, 2011
    Messages:
    956
    Likes Received:
    457
    Trophy Points:
    63
    Occupation:
    Gambling man
    Location:
    On the Fortuna II
    week 16
     

    Attached Files:

    Solo and hernancortes like this.
  21. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,160
    Likes Received:
    1,052
    Trophy Points:
    113
    week 17:

    2011: 5229
    2012: 5606
    2013: 5663
    2014: 4342
     
  22. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,160
    Likes Received:
    1,052
    Trophy Points:
    113
    week 18: (huge sales with price drop)

    2011: 5508
    2012: 5719
    2013: 5725
    2014: 5403
     
    Solo and Scorpio like this.
  23. MrLucky

    MrLucky Silver Member Silver Miner

    Joined:
    Apr 27, 2011
    Messages:
    956
    Likes Received:
    457
    Trophy Points:
    63
    Occupation:
    Gambling man
    Location:
    On the Fortuna II
    If anyone's thinking of buying a 2012 coin, now would probably be the time. The 2012's topped out at 6114. Prices will only go up after the lines cross.

    And 1061 coins sold @ $1525 ea = $1,618,025 in sales in 1 week.
     
  24. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,160
    Likes Received:
    1,052
    Trophy Points:
    113
    week 19:

    2011: 5540
    2012: 5796
    2013: 5730
    2014: 5442
     
    savvydon and Solo like this.
  25. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,160
    Likes Received:
    1,052
    Trophy Points:
    113
    Week 20
    2011: 57XX
    2012: 6114 (sold out)
    2013: 6765
    2014: 5466
     
    Solo likes this.
  26. MrLucky

    MrLucky Silver Member Silver Miner

    Joined:
    Apr 27, 2011
    Messages:
    956
    Likes Received:
    457
    Trophy Points:
    63
    Occupation:
    Gambling man
    Location:
    On the Fortuna II
    I have these numbers:

    Week 20

    2011: 5622 (wk 21 is 5817)
    2012: 6118 (sold out) (wk 21 is 6114)
    2013: 6765
    2014: 5466
     
    hernancortes likes this.
  27. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,160
    Likes Received:
    1,052
    Trophy Points:
    113
    week 21:

    2011: 5817
    2012: 6114 sold out
    2013: 7096
    2014: 5517
     
  28. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,160
    Likes Received:
    1,052
    Trophy Points:
    113
    week 22:

    2011: 5919
    2012: 6114 sold out
    2013: 7070
    2014: 5579

    What was the initial strike for 2014? If I were in charge I would've felt safe ordering 7,000 struck.
     
  29. howellzin

    howellzin Silver Member Silver Miner

    Joined:
    Apr 1, 2010
    Messages:
    123
    Likes Received:
    133
    Trophy Points:
    43
    Solo and hernancortes like this.
  30. MrLucky

    MrLucky Silver Member Silver Miner

    Joined:
    Apr 27, 2011
    Messages:
    956
    Likes Received:
    457
    Trophy Points:
    63
    Occupation:
    Gambling man
    Location:
    On the Fortuna II
    Just a little late. Week 22.
     

    Attached Files:

    hernancortes likes this.
  31. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,160
    Likes Received:
    1,052
    Trophy Points:
    113
    week 23:

    2011: 6161
    2012: 6114 sold out
    2013: 7043
    2014: 5677
     
  32. SongSungAU

    SongSungAU Midas Member Midas Member

    Joined:
    Jun 8, 2010
    Messages:
    4,460
    Likes Received:
    5,231
    Trophy Points:
    113
    I have a question about the numbers on the US Mint website now.

    I had kept an Excel spreadsheet at one point with the sales figures I saw on the Coin Update website. I believe they get their numbers from the US Mint, right?

    I had recorded 6,118 as the total for the 2012 Uncirculated American Gold Eagle.

    If you check the US Mint's website now, they say the 2012 total is 5,829. That's a difference of 289 coins. Is the lower number the "audited" number or something and is it normal for the change to vary that much?

    Or is the number on the website incorrect?

    Here's what the US Mint is showing now:

    2012uncTotal.jpg


    source: http://www.usmint.gov/about_the_mint/index.cfm?action=PreciousMetals&type=numismatic


    If the lower number is correct, you'd think people who market these coins, like APMEX, would use the lower number. But APMEX is using the 6,118 number (as of right now anyway):

    2012Wapmex.jpg


    Anyway, my question: Is it normal for the final sales figure to change so much from the initial year-end reported sales?
    Thanks for any insight or light you can shed on this. I appreciate it.
     
  33. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,160
    Likes Received:
    1,052
    Trophy Points:
    113
    See post #146 in this thread. Audited mintages. They can take a LONG time to show up... years. 289 coins isn't too drastic compared to years past. In 2008 all the burnished coins gold silver platinum -- saw huge downward revisions, some by up to 20-25%.
     
    SongSungAU likes this.
  34. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,160
    Likes Received:
    1,052
    Trophy Points:
    113
    I was wrong, some coins were revised down nearly 40% in '08. As Jordan states in his 1st book, if a coin has a climactic sellout with high sales at the end, it is more likely to show a steeper downward revision in the audit.
    Burnished Plat. Eagles, 2008-W
    Last reported sales vs. final audited sales
    $100 - 4063 / 2876
    $50 - 3415 / 2253
    $25 - 3894 / 2481
    $10 - 4623 / 3706
     
    SongSungAU likes this.
  35. SongSungAU

    SongSungAU Midas Member Midas Member

    Joined:
    Jun 8, 2010
    Messages:
    4,460
    Likes Received:
    5,231
    Trophy Points:
    113

    Thanks very much.

    I find that amazing that the Mint's numbers can change so much. Is there something other than returns that would lower the sales number? I mean if they sell 4,000 of a platinum coin, I am surprised that they'd get 1,000 returned. What else would factor into the lower number?
     
  36. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,160
    Likes Received:
    1,052
    Trophy Points:
    113
    Cancelled orders by consumers and cancelled orders by the mint probably.
     
  37. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,160
    Likes Received:
    1,052
    Trophy Points:
    113
    week 24:

    2011: 6478
    2012: 6114 sold out @ wk 20
    2013: 7134
    2014: 5787
     
  38. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,160
    Likes Received:
    1,052
    Trophy Points:
    113
    week 25

    2011: 6570
    2012: 6114 sold out @ wk 20
    2013: 7196
    2014: 5900
     
  39. savvydon

    savvydon Gold Member Gold Chaser

    Joined:
    Dec 14, 2010
    Messages:
    1,776
    Likes Received:
    1,366
    Trophy Points:
    113
    At this rate another two weeks of sales will overtake 2012.
     
  40. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,160
    Likes Received:
    1,052
    Trophy Points:
    113
    Sales @ week 26:

    2011: 6769
    2012: 6114 sold out @ wk 20
    2013: 7329 (went red)
    2014: 6044
     

Share This Page