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*Updated* Special ASE set that you should buy

PostPosted: Thu Oct 13, 2011 9:35 am
by Rodebaugh
Take a look and let me know what you think.
The Silver nuts over at BS put me on to this one.......I am buying with both hands 8-)

http://mintnewsblog.com/2011/08/25th-an ... announced/

http://catalog.usmint.gov/webapp/wcs/st ... ogId=10001

Re: Special ASE set that you should buy

PostPosted: Thu Oct 13, 2011 9:37 am
by Neckro
Oh my, another item to bankrupt me!

Re: Special ASE set that you should buy

PostPosted: Thu Oct 13, 2011 9:40 am
by Rodebaugh
yeah, the mint sure knows how to get my money.

Re: Special ASE set that you should buy

PostPosted: Thu Oct 13, 2011 9:54 am
by highroller4321
I will be getting 5 each sent to a couple of address's. If its anything like the 2006 ones they get hot quick and you can sell them to make a decent amount.

Re: Special ASE set that you should buy

PostPosted: Thu Oct 13, 2011 10:03 am
by oktyabyr
I might have to try that. buy a few. keep one and throw the rest on the bay. Never done that before.

Re: Special ASE set that you should buy

PostPosted: Thu Oct 13, 2011 10:07 am
by highroller4321
oktyabyr wrote:I might have to try that. buy a few. keep one and throw the rest on the bay. Never done that before.



Always a chance they will flop but most of the time they dont.

Re: Special ASE set that you should buy

PostPosted: Thu Oct 13, 2011 10:09 am
by oktyabyr
Probably not, especially with the limited mintage. Of course, because I want to get some and flip em, it'll flop. lol. That's how it usually works for me.

Re: Special ASE set that you should buy

PostPosted: Thu Oct 13, 2011 2:14 pm
by SoFa
I wonder if they'll ever make some fancy coins out of copper. Like a 5oz Lincoln cent.

Re: Special ASE set that you should buy

PostPosted: Thu Oct 13, 2011 2:22 pm
by blackrabbit
Thanks for the heads up. I think I'll get one and try to flip it, these should be a winner.

Re: Special ASE set that you should buy

PostPosted: Thu Oct 13, 2011 3:27 pm
by morris14ccm
How much do you think they'll sell for?

Re: Special ASE set that you should buy

PostPosted: Thu Oct 13, 2011 4:34 pm
by Copper Member
at a mintage of 100,000 and 5 per household would be 20,000 orders. This is probably going to be a hot ticket!! Count me in.

Re: Special ASE set that you should buy

PostPosted: Fri Oct 14, 2011 6:08 am
by Lemon Thrower
oct 27 if i read this right.

what is BS?

Re: Special ASE set that you should buy

PostPosted: Fri Oct 14, 2011 6:19 am
by tn-dave
Lemon Thrower wrote:oct 27 if i read this right.

what is BS?


Bullion Stacker forum is my guess.

I watched about 10 minutes of one of the coin shows on The Dish last night and he was talking about taking pre-orders for these soon when the mint releases the price.

Re: Special ASE set that you should buy

PostPosted: Fri Oct 14, 2011 8:16 pm
by DirtyFingers
I scored several 20th Anniversary silver sets from the mint, held onto to them for two years after issue and traded both sets, ungraded, for gold. I should have moved them sooner but I forgot I had them in the safe. After all that time, I still traded for the equivalent of double of what I paid for them. It's the reverse proof that attracts the attention. Sell or trade them early if you snag any set(s).

I might give the 25th a try.

DF

Re: Special ASE set that you should buy

PostPosted: Sat Oct 15, 2011 1:06 pm
by twentybux
You have me intrigued with the 25th anniversary set. Dang, Doc...now I'll be obsessive about these goodies til the bell rings high noon EST on the 27th. Then of course, off to the races. :D

Re: Special ASE set that you should buy

PostPosted: Sat Oct 15, 2011 1:46 pm
by Neckro
I gotta save all my monies for this beast!

Re: Special ASE set that you should buy

PostPosted: Sat Oct 15, 2011 2:09 pm
by morris14ccm
DirtyFingers wrote:I scored several 20th Anniversary silver sets from the mint, held onto to them for two years after issue and traded both sets, ungraded, for gold. I should have moved them sooner but I forgot I had them in the safe. After all that time, I still traded for the equivalent of double of what I paid for them. It's the reverse proof that attracts the attention. Sell or trade them early if you snag any set(s).

So you think they'll be worth more if I sell them within a couple of weeks than keeping them for 5-10+ years?

Re: Special ASE set that you should buy

PostPosted: Sat Oct 15, 2011 4:11 pm
by tn-dave
saw this link on another forum:

http://catalog.usmint.gov/webapp/wcs/st ... ageIndex=2

This set is the 5th one down listed at a Price of : $229.95 -- If this is right, I'm surprised. Figured it would be a $350-$400 set and out of my price range...tempting (if this is not a mistake)

Re: Special ASE set that you should buy

PostPosted: Sat Oct 15, 2011 6:52 pm
by DirtyFingers
morris14ccm wrote:
DirtyFingers wrote:I scored several 20th Anniversary silver sets from the mint, held onto to them for two years after issue and traded both sets, ungraded, for gold. I should have moved them sooner but I forgot I had them in the safe. After all that time, I still traded for the equivalent of double of what I paid for them. It's the reverse proof that attracts the attention. Sell or trade them early if you snag any set(s).

So you think they'll be worth more if I sell them within a couple of weeks than keeping them for 5-10+ years?


Based on the way the 20th Anniversary silver set performed, unless you see a spike coming with Ag, I would say sell or trade early rather than later. Watch the market for them after they are issued. Like any other set issued by the mint, there is the initial rush to buy from those that have to those who don't have which usually translates to a peak premium price followed by a decline. If I snag any 25th Anniversary sets, I'll trade to trade/sell when the peak starts to dip. When I traded my sets, I noticed my dealer was pretty much inline with ebay. I'll be following the trend there. Just takes alittle patience and homework. Which I didn't do the first time around, although I knew what the trend was the whole time I had the sets hidden away in the safe.

On the other hand, grading changes the game.

DF

Re: Special ASE set that you should buy

PostPosted: Sat Oct 15, 2011 8:39 pm
by oktyabyr
tn-dave wrote:saw this link on another forum:

http://catalog.usmint.gov/webapp/wcs/st ... ageIndex=2

This set is the 5th one down listed at a Price of : $229.95 -- If this is right, I'm surprised. Figured it would be a $350-$400 set and out of my price range...tempting (if this is not a mistake)



That looks exactly like what they've been talking about. Much more affordable than I expected. I think I will certainly order a few sets and flip em on eBay. Or talk to my dealer.

Re: Special ASE set that you should buy

PostPosted: Sat Oct 15, 2011 9:20 pm
by slvrbck
Alright, dumb question. I have never ordered from the mint before. I think i would like to get one or two of these. What is the best way to maximize my odds of scoring some other than being available at noon on the 27. Do they do phone orders, or is it all online? Do you have to set up some kind of account or anything that could be completed ahead of time?

Re: Special ASE set that you should buy

PostPosted: Sat Oct 15, 2011 10:06 pm
by NHsorter
slvrbck wrote:Alright, dumb question. I have never ordered from the mint before. I think i would like to get one or two of these. What is the best way to maximize my odds of scoring some other than being available at noon on the 27. Do they do phone orders, or is it all online? Do you have to set up some kind of account or anything that could be completed ahead of time?


+1

Re: Special ASE set that you should buy

PostPosted: Sun Oct 16, 2011 12:20 am
by morris14ccm
DirtyFingers wrote:
morris14ccm wrote:
DirtyFingers wrote:I scored several 20th Anniversary silver sets from the mint, held onto to them for two years after issue and traded both sets, ungraded, for gold. I should have moved them sooner but I forgot I had them in the safe. After all that time, I still traded for the equivalent of double of what I paid for them. It's the reverse proof that attracts the attention. Sell or trade them early if you snag any set(s).

So you think they'll be worth more if I sell them within a couple of weeks than keeping them for 5-10+ years?


Based on the way the 20th Anniversary silver set performed, unless you see a spike coming with Ag, I would say sell or trade early rather than later. Watch the market for them after they are issued. Like any other set issued by the mint, there is the initial rush to buy from those that have to those who don't have which usually translates to a peak premium price followed by a decline. If I snag any 25th Anniversary sets, I'll trade to trade/sell when the peak starts to dip. When I traded my sets, I noticed my dealer was pretty much inline with ebay. I'll be following the trend there. Just takes alittle patience and homework. Which I didn't do the first time around, although I knew what the trend was the whole time I had the sets hidden away in the safe.

On the other hand, grading changes the game.

DF

I was thinking about having them graded. I've never bought any numismatics before, but at $230 this looks like a great buy. How much would that cost and what value do you think i would see added?

Also, can you pay the mint by Money Order?

Re: Special ASE set that you should buy

PostPosted: Sun Oct 16, 2011 5:26 pm
by Rodebaugh
Image

Re: Special ASE set that you should buy

PostPosted: Sun Oct 16, 2011 5:56 pm
by Coppertop
I'm going to get a set for myself, but I'm thinking about potential getting more to flip and was interested in ideas. So I'm thinking if the $229.95 price holds, then 5 x $229.95 + $4.95 shipping = $1,154.70 for 5 sets from the US mint. To flip a set on ebay with approx 12% in ebay/paypal fees + minimum $5 shipping, then I'm going to have to sell each extra set for at least $279 just to break even on them. How much are people thinking these are going to go for on the secondary market?