1. Same story, different day...........year ie more of the same fiat floods the world
    Dismiss Notice
  2. There are no markets
    Dismiss Notice
  3. Week of 6/24/2017 Closing prices & Chg Over Last Wk---- Gold $1256.40 Silver $16.64 Oil $43.01 USD $96.94
  4. "Spreading the ideas of freedom loving people on matters regarding high finance, politics, constructionist Constitution, and mental masturbation of all types"
    Dismiss Notice

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:
    1,187
    Likes Received:
    1,079
    Trophy Points:
    113
    After an impressive start, sales are now slower than last year's coin
    week 29:
    2011: 7745
    2012: 6114 sold out @ wk 20
    2013: 7298 sold out @ wk 27
    2014: 6749
    2015: 5750
    2016: 5714
     
  2. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,187
    Likes Received:
    1,079
    Trophy Points:
    113
    week 30:

    2011: 7894
    2012: 6114 sold out @ wk 20
    2013: 7298 sold out @ wk 27
    2014: 7130
    2015: 5819
    2016: 5743
     
  3. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,187
    Likes Received:
    1,079
    Trophy Points:
    113
    week 31:
    2011: 7791
    2012: 6114 sold out @ wk 20
    2013: 7298 sold out @ wk 27
    2014: 7458
    2015: 6035
    2016: 5836
     
  4. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,187
    Likes Received:
    1,079
    Trophy Points:
    113
    week 32

    2011: 7885
    2012: 6114 wk 20 sold out
    2013: 7329 wk 27 sold out
    2014: 7544
    2015: 6157
    2016: 5970
     
  5. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,187
    Likes Received:
    1,079
    Trophy Points:
    113
    If the 2016 coin has any shot at being decent it needs to sell out very soon.
    week 33:
    2011: 7994
    2012: 6114 sold out @ wk 20
    2013: 7329 sold out @ wk 27
    2014: 7630
    2015: 6395
    2016: 6009
     
  6. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,187
    Likes Received:
    1,079
    Trophy Points:
    113
    2016 not contending for key is looking more likely:
    sales @ wk 34:
    2011: 7944
    2012: 6114 sold out @ wk 20
    2013: 7298 sold out @ wk 27
    2014: 7794 sold out @ wk 34
    2015: 6490 sold out @ wk 34
    2016: 6074
     
  7. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,187
    Likes Received:
    1,079
    Trophy Points:
    113
    No key. Mint showing at least 100 left in stock. See you 'round next year.
    SALES @WEEK 35
    2016: 6254
     
  8. MrLucky

    MrLucky Silver Member Silver Miner

    Joined:
    Apr 27, 2011
    Messages:
    973
    Likes Received:
    460
    Trophy Points:
    63
    Occupation:
    Gambling man
    Location:
    On the Fortuna II
  9. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,187
    Likes Received:
    1,079
    Trophy Points:
    113
    Week 37: 6573
    Wild speculation: These were struck last spring when gold was over $1300. The mint has these in inventory but didn't want to sell them anymore with yet another mandatory $50 price drop scheduled for later today. Thoughts?
     
  10. MrLucky

    MrLucky Silver Member Silver Miner

    Joined:
    Apr 27, 2011
    Messages:
    973
    Likes Received:
    460
    Trophy Points:
    63
    Occupation:
    Gambling man
    Location:
    On the Fortuna II
    "Thoughts" ?

    Even when you think the sale for your coin is over, and you are in second place for low mintage (from 2011-2016), reality sneaks up on you and puts your coin in third place by 40 coins.

    That TPTB will make sure a "key" stays a "key". ;)

    "Final" Mintages

    2011-8822
    2012-6114-1
    2013-7329
    2014-7898
    2015-6533-2
    2016-6573-3
     
    hernancortes likes this.
  11. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,187
    Likes Received:
    1,079
    Trophy Points:
    113
    Wait, it's available again, with 50 showing in stock
     
  12. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,187
    Likes Received:
    1,079
    Trophy Points:
    113
    All gone now
     
  13. Starter

    Starter Silver Member Silver Miner

    Joined:
    Jan 31, 2013
    Messages:
    672
    Likes Received:
    98
    Trophy Points:
    28
    Anyone saving up for this year's coin?
     
  14. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,187
    Likes Received:
    1,079
    Trophy Points:
    113
    Nearly all gold coins across the board had strong initial sales in 2016. This year they're weak. That could mean a lower strike of 2017 unc gold eagles than last year. For me though in this climate it's not worth chancing unless a shot at outright key is realistic.
     
    Oldmansmith likes this.
  15. Starter

    Starter Silver Member Silver Miner

    Joined:
    Jan 31, 2013
    Messages:
    672
    Likes Received:
    98
    Trophy Points:
    28
    We are about 14 weeks into the year, and looking at previous posts in this thread, the coin usually sells out after 25 to 35 weeks of sales.

    I have never bought this coin before, but it looks interesting. Maybe at the 30th week, if sales are low, I might consider.
     
  16. tekhen

    tekhen Seeker Seeker

    Joined:
    Mar 31, 2010
    Messages:
    256
    Likes Received:
    98
    Trophy Points:
    28
    hand raised...

    I have been following this thread over the years and took the bait.
    Of all the 'collectible' US Mint Au coins, this seems to be the true star as far as end of sale value. With all the Au coin options over the years, I assume that there is only so much fiat one can invest in given the coin of their choice.
    It is also a more difficult play when one tries to maintain a date set.

    Now imaging if this was 2011 and this coin would be at the 2000FRN mark, not including the premium?
     
  17. tekhen

    tekhen Seeker Seeker

    Joined:
    Mar 31, 2010
    Messages:
    256
    Likes Received:
    98
    Trophy Points:
    28
  18. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,187
    Likes Received:
    1,079
    Trophy Points:
    113
    Gold coins selling badly this year. So I expect a low strike, and low sales for this one. Could equal a new key but just like Jackie Robinson being unseated recently, fewer will care. Safe bet long term but not a big flip winner, IMO.
     
    savvydon likes this.
  19. tekhen

    tekhen Seeker Seeker

    Joined:
    Mar 31, 2010
    Messages:
    256
    Likes Received:
    98
    Trophy Points:
    28
    * "Badly selling coins"
    * The slight increase in the spot price
    * A price of more than 1500FRN
    * The multiple gold coin selections
    Regarding the Unc. Gold American Eagle, history has shown that this coin will have a small mintage due to the above. It will be interesting to see the final mintage numberand realized price in FRN for this years mintage.
     
    Last edited: Jun 10, 2017
  20. tekhen

    tekhen Seeker Seeker

    Joined:
    Mar 31, 2010
    Messages:
    256
    Likes Received:
    98
    Trophy Points:
    28
    GrySht --- Jun 09 2017
    2006 = 1330FRN
    2007 = 1375FRN
    2008 = 2100FRN
    2009 = n/a
    2010 = n/a
    2011 = 1900FRN
    2012 = 1950FRN
    2013 = 1400FRN
    2014 = 1350FRN
    2015 = 1350FRN
    2016 = ???
     
  21. tekhen

    tekhen Seeker Seeker

    Joined:
    Mar 31, 2010
    Messages:
    256
    Likes Received:
    98
    Trophy Points:
    28
    US Mint Annual Sales figure

    https://www.usmint.gov/precious-metal-products


    Year: Product Option --- Total Unit Sales Price
    2006: One Ounce Gold Uncirculated --- 5,708 $720.00
    2007: One Ounce Gold Uncirculated --- 11,602 ----------
    2008: One Ounce Gold Uncirculated --- 9,057 ----------
    2009: One Ounce Gold Uncirculated --- Not Offered
    2010: N/A
    2011: One Ounce Gold Uncirculated --- 8,729 -----------
    2012: One Ounce Gold Uncirculated --- 5,829 -----------
     
    Last edited: Jun 10, 2017
  22. tekhen

    tekhen Seeker Seeker

    Joined:
    Mar 31, 2010
    Messages:
    256
    Likes Received:
    98
    Trophy Points:
    28
    Gold Eagle Guide
    http://goldeagleguide.com/


    2006: Burnished Mintage: 45,053 (1 oz) 15,164 (1/2 oz), 15,188 (1/4 oz), 20,643 (1/10 oz)
    2007: Burnished Mintage: 18,066 (1 oz), 11,455 (1/2 oz), 12,766 (1/4 oz), 22,501 (1/10 oz)
    2008: Burnished Mintage: 11,908 (1 oz), 15,682 (1/2 oz), 8,883 (1/4 oz), 12,657 (1/10 oz)
    2009: Burnished Mintage: not issued
    2010: Burnished Mintage: not issued
    2011: Burnished Mintage: 8,729 (1 oz)
    2012: Burnished Mintage: 5,829
    2013: Burnished Mintage (Last Reported Sales): 7,293
    2014: Burnished Mintage (Last Reported Sales): 7,902
    2015: Burnished Mintage (Last Reported Sales): 6,533
    2016: Burnished Mintage (Last Reported Sales): 6,888
     
  23. tekhen

    tekhen Seeker Seeker

    Joined:
    Mar 31, 2010
    Messages:
    256
    Likes Received:
    98
    Trophy Points:
    28
    I have yet to research the discrepancies
     
  24. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,187
    Likes Received:
    1,079
    Trophy Points:
    113
    The discrepancy is that your first chart there does not include all the coins sold in the 4 coin sets. Your second chart does. The second one is the one to go by. FYI the final audited mintage for the 2013 coin is 7198. As for pricing greysheet is way off on a few; the 2008 is worth nowhere near 2100 and the 2015 is worth somewhat more than 1350.
     
    tekhen likes this.
  25. tekhen

    tekhen Seeker Seeker

    Joined:
    Mar 31, 2010
    Messages:
    256
    Likes Received:
    98
    Trophy Points:
    28
    hern... thank you.

    I wonder why the US Mint doesn't account for the sets as well as the individual coin?

    The CDN/Greysheet is simply a guide, similar to the Redbook. I do not take their prices as realized and have been told that their is another dealer sheet that dealers adhere to more.
    What I have learned is that is does give the 'customer' a starting point when dealing with the dealer.
    Several years ago, I went to a shop to get an 'estimate' on my '08 Buffalo set. To say the least, I was low balled to under spot at the time. I simply looked at the dealer, said thank you and left the establishment.
     
  26. Starter

    Starter Silver Member Silver Miner

    Joined:
    Jan 31, 2013
    Messages:
    672
    Likes Received:
    98
    Trophy Points:
    28
     
  27. Starter

    Starter Silver Member Silver Miner

    Joined:
    Jan 31, 2013
    Messages:
    672
    Likes Received:
    98
    Trophy Points:
    28
    Earlier this year I bought my only First Spouse gold coin, and this year I might also buy my only 1-oz gold unc eagle coin.

    I admit that it is nice to have at least one coin in a series, especially if one has read about that coin series in the forums for a while.

    Honestly, though, starting next year I need to start tightening my budget for PMs and consider selling some of the PM coins in my inventory.
     
  28. Starter

    Starter Silver Member Silver Miner

    Joined:
    Jan 31, 2013
    Messages:
    672
    Likes Received:
    98
    Trophy Points:
    28
    Bi-weekly numbers

     
  29. Starter

    Starter Silver Member Silver Miner

    Joined:
    Jan 31, 2013
    Messages:
    672
    Likes Received:
    98
    Trophy Points:
    28
     
  30. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,187
    Likes Received:
    1,079
    Trophy Points:
    113
    CUMULATIVE SALES AT WEEK 14 OF AVAILABILITY, $50 GOLD UNC-W A.G.E.

    2011: 4145
    2012: 5487
    2013: 5480
    2014: 3970
    2015: 3791
    2016: 5244
    2017: 2915
     
  31. savvydon

    savvydon Gold Member Gold Chaser

    Joined:
    Dec 14, 2010
    Messages:
    1,939
    Likes Received:
    1,479
    Trophy Points:
    113
    wow, incredible how far down US Mint gold numbers are this year.
     
  32. the_shootist

    the_shootist The war is here on our doorstep! Midas Member Site Supporter ++

    Joined:
    May 31, 2015
    Messages:
    14,840
    Likes Received:
    14,604
    Trophy Points:
    113
    Occupation:
    Oxygen Breather
    Location:
    Somewhere out there!
    Still it looks like this year is on track to likely beat 2015 and maybe even 2014.
     
  33. oldgaranddad

    oldgaranddad Gold Member Gold Chaser Site Supporter ++

    Joined:
    Feb 21, 2012
    Messages:
    3,068
    Likes Received:
    4,067
    Trophy Points:
    113
    Gender:
    Male
    Location:
    On the top shelf.
    Hmmm.... I may have to get me one.
     
  34. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,187
    Likes Received:
    1,079
    Trophy Points:
    113
    Uh oh. Currently unavailable. Tried to order the last one and someone beat me to it. Sales at 5768 as of 10/15.
     
  35. Starter

    Starter Silver Member Silver Miner

    Joined:
    Jan 31, 2013
    Messages:
    672
    Likes Received:
    98
    Trophy Points:
    28
    Looks like the same "gold rush" happened in the last two weeks as with the 2016 NPS commemorative coin, but this one was bigger, and I fear that this coin may not even contend for 2nd place...

    Good thing I spent my money on bitcoin about 2 weeks ago, instead of one of these. I'm still keeping my fingers crossed for this year's Betty Ford unc and Father Flanagan unc coins to become the key coins of their series.
     
  36. hernancortes

    hernancortes Gold Member Gold Chaser

    Joined:
    Apr 1, 2010
    Messages:
    1,187
    Likes Received:
    1,079
    Trophy Points:
    113
    The next mint report will tell the tale... I am doubting first place but I think 2nd is in the bag. It's not even worth mentioning final audited sales anymore.. the mint hasn't updated those in 5 years.
     

Share This Page