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2010 Silver Eagles... HERe WE GO AGAIN!!

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barel...@gmail.com

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Jan 3, 2010, 1:02:03 PM1/3/10
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I am completely and utterly pissed that I see (AGAIN) Smilin Bob
Chambers offering 2010 "first day release" Silver eagles. WTF!!!!

I am seriously contemplating canceling all my subscriptions to the US
Mint. This is the second year in a row that they have received their
Eagles while the public gets Zilch.

Do we (as small collectors) have to order "Green Boxes" now to make
sure we get our eagles and why have a subscription to the US Mint when
they prefer to sell to dealers first?

Doesn't sound fair to me...

barel...@gmail.com

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Jan 3, 2010, 2:13:47 PM1/3/10
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On Jan 3, 10:02 am, "BarelyBo...@gmail.com" <barelybo...@gmail.com>
wrote:

My Bad... It was HSN who was offering a ANAC"s First day issue MS70
Silver eagle

barel...@gmail.com

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Jan 3, 2010, 2:14:29 PM1/3/10
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Wm Hopkins

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Jan 3, 2010, 4:24:07 PM1/3/10
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"Barel...@gmail.com" <barel...@gmail.com> wrote in message
news:d78eb246-7c0b-409a...@j5g2000yqm.googlegroups.com...

http://www.hsn.com/collectibles/2010-ms70-fdoi-le-anacs-1-silver-eagle-coin_p-5868048_xp.aspx


Is it just the photo or is the obv/rev truly uncovered in these slabs?

Wm

Bruce Remick

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Jan 3, 2010, 9:09:11 PM1/3/10
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news:ff07ad2a-5e15-4217...@o28g2000yqh.googlegroups.com...

As far as I know, we collectors have never been able to order bullion Unc
silver eagles directly from the Mint. And what's the panic to get them
anyway? Have you ever seen a shortage of any date? There likely will be
plenty 2010's for sale in a few months at around twenty bucks as usual.

You aren't seriously looking for slabbed "first day release" bullion coins,
are you? If you're somebody who can discern any difference (no peeking at
the slab label or at the price on your receipt), you should consider
becoming a diamond cutter.


Petronius

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Jan 4, 2010, 8:55:32 AM1/4/10
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"Bruce Remick" <rem...@cox.net> wrote in message
news:b5c0n.1267$5m....@newsfe12.iad...

> You aren't seriously looking for slabbed "first day release" bullion coins,
> are you? If you're somebody who can discern any difference (no peeking at
> the slab label or at the price on your receipt), you should consider becoming
> a diamond cutter.

If one set of dies was used for the entire run of coins, then the so-called
"First Strike" or "Early Release" slabs might have some value but since dies are
constantly changed, it renders such slabs as a mere marketing scam IMO.


Bruce Remick

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Jan 4, 2010, 9:08:08 AM1/4/10
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"Petronius" <x...@xxx.xxx> wrote in message
news:hhss0j$519$1...@news.eternal-september.org...

Regardless, the unc's are still strictly bullion coins. Why anyone would
seek out and pay a premium for a "first strike" example seems like a fool's
errand to me. But then I collect and pay serious money for beer cans.


barel...@gmail.com

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Jan 4, 2010, 10:42:19 AM1/4/10
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On Jan 3, 6:09 pm, "Bruce Remick" <rem...@cox.net> wrote:
> "BarelyBo...@gmail.com" <barelybo...@gmail.com> wrote in message

No, I am not collecting slabbed coins, I never got my 2009 UNC silver
eagle from the mint and I am on the subsciption list.
My complaint is that, It seems that all the dealer get their hands on
these coins before the general public. The Mint calims it has to meet
the demand of the public and in 2009 they did not.

gogu

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Jan 4, 2010, 12:15:17 PM1/4/10
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? "Barel...@gmail.com" <barel...@gmail.com> ?????? ??? ??????
news:1b6990a9-c3cc-4e26...@m25g2000yqc.googlegroups.com...

>On Jan 3, 6:09 pm, "Bruce Remick" <rem...@cox.net> wrote:

>> As far as I know, we collectors have never been able to order bullion Unc
>> silver eagles directly from the Mint.

There you have the answer to your question!

>> You aren't seriously looking for slabbed "first day release" bullion
>> coins,
>> are you? If you're somebody who can discern any difference (no peeking at
>> the slab label or at the price on your receipt), you should consider
>> becoming a diamond cutter.

>No, I am not collecting slabbed coins, I never got my 2009 UNC silver
>eagle from the mint and I am on the subsciption list.

And you will never receive one *directly* from the Mint even if you are on
their subscription list;-)

>My complaint is that, It seems that all the dealer get their hands on
>these coins before the general public. The Mint calims it has to meet
>the demand of the public and in 2009 they did not.

You must understand what Bruce wrote: UNC Silver Eagles were *never* sold by
the Mint directly to the public!
They are sold to the public exclusively through dealers!
You are probably confusing them with the UNC "burnish" Silver Eagles and/or
the Proof Silver Eagles.

rgrds

--

E' mai possibile, oh porco di un cane, che le avventure
in codesto reame debban risolversi tutte con grandi
puttane! F.d.A

Coins, travels and more:
http://s208.photobucket.com/albums/bb120/golanule/
http://gogu.enosi.org/index.html


Bruce Remick

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Jan 4, 2010, 12:51:31 PM1/4/10
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"gogu" <Ruminii_Sug_Pul@la_Greci.com> wrote in message
news:hht7nh$l0u$1...@mouse.otenet.gr...

If he had been getting "Unc" silver eagles from the Mint in the past, they
must have been the premium-priced burnished Unc specimens. So maybe there's
little advantage to being on the Mint's subscription list if one has to wait
to see if items are going to be shipped automatically before complaining.
Plus, I presume a Mint subscriber has to pay shipping for each item sent,
rather than simply wait a few months and order several items at once for the
one shipping price.

gogu

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Jan 4, 2010, 2:13:22 PM1/4/10
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� "Bruce Remick" <rem...@cox.net> ������ ��� ������
news:DUp0n.12539$w21....@newsfe17.iad...

>
> "gogu" <Ruminii_Sug_Pul@la_Greci.com> wrote in message
> news:hht7nh$l0u$1...@mouse.otenet.gr...
>>? "Barel...@gmail.com" <barel...@gmail.com> ?????? ??? ??????
>>news:1b6990a9-c3cc-4e26...@m25g2000yqc.googlegroups.com...

>>>My complaint is that, It seems that all the dealer get their hands on


>>>these coins before the general public. The Mint calims it has to meet
>>>the demand of the public and in 2009 they did not.


>> You must understand what Bruce wrote: UNC Silver Eagles were *never* sold
>> by the Mint directly to the public!
>> They are sold to the public exclusively through dealers!
>> You are probably confusing them with the UNC "burnish" Silver Eagles
>> and/or the Proof Silver Eagles.


> If he had been getting "Unc" silver eagles from the Mint in the past, they
> must have been the premium-priced burnished Unc specimens.

That's right!

> So maybe there's little advantage to being on the Mint's subscription list
> if one has to wait to see if items are going to be shipped automatically
> before complaining.

In 2009 there were no burnished UNC Silver Eagles (and Proof), let's hope
they will be this year...

> Plus, I presume a Mint subscriber has to pay shipping for each item sent,
> rather than simply wait a few months and order several items at once for
> the one shipping price.

I can't say as the subscription list is available only for US residents...
But this is how I do: I wait and order more items I want from the Mint so I
have to pay just one shipping cost.

mazorj

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Jan 4, 2010, 2:54:27 PM1/4/10
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"Bruce Remick" <rem...@cox.net> wrote in message
news:DUp0n.12539$w21....@newsfe17.iad...

The thing that really ticked me off was that subscribers to the 2009 proof
AES got blown off as well. I've had a standing subscription for years for 3
of each to pass on to my children. WTF? Modern proofs usually have been
(and damn well should be!) at the head of the line. First, the mark-up for
fancy encased proofs presumably is well above that for bullion versions, so
the Treasury loses out when there are no proof offerings. Second, proofs
are the "gold standard" condition (double entendre not intended) for any
coinage. Third, diverting blanks for the relatively small number of
subscribed AES proofs (compared to UNC and bullion versions) would hardly
have a major impact on meeting the demand for bullion versions.

I can live with the Mint occasionally not offering UNC AES dollars for
collectors, but faithful proof collectors got thrown under the bus to feed
the mindless demand for commodity silver bullion. It's like a winery
dumping its vats of $100 a bottle estate vintages into the production line
for $10 wines because they can't meet the demand for the cheaper stuff.

Bruce Remick

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Jan 4, 2010, 6:00:05 PM1/4/10
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"mazorj" <maz...@verizon.net> wrote in message
news:hhth4g$lhh$1...@news.eternal-september.org...

I never collected the SAE's in any form, so my opinion is probably slanted.
But I can't figure the hand wringing over the apparent gap in proof Eagles
for 2009. Certainly we've survived gaps in proof set production in modern
times, as well as with various other coin series. But this particular 2009
Eagle shortfall seems to have some people throwing their hands in the air
and claiming that their Eagle collection has been ruined and that they will
never order from the Mint again, etc., etc. Why would anyone get so
attached to US Mint products to elicit such emotion? Disappointment and
even irritation, maybe, but not the hyperventilating we've seen over the
past couple months.

I do agree that something could have been done to accomodate proof
collectors, regardless of any guidelines Congress might have originally
specified. I smell something there and never did understand why it became
the Mint's Congressional duty to produce and sell precious metals to the
public every year at the expense of its other products.


oly

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Jan 4, 2010, 8:04:16 PM1/4/10
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On Jan 4, 5:00 pm, "Bruce Remick" <rem...@cox.net> wrote:
> "mazorj" <maz...@verizon.net> wrote in message
>
> news:hhth4g$lhh$1...@news.eternal-september.org...
>
>
>
>
>
>
>
> > "Bruce Remick" <rem...@cox.net> wrote in message
> >news:DUp0n.12539$w21....@newsfe17.iad...
>
> >> "gogu" <Ruminii_Sug_Pul@la_Greci.com> wrote in message
> >>news:hht7nh$l0u$1...@mouse.otenet.gr...
> >>>? "BarelyBo...@gmail.com" <barelybo...@gmail.com> ?????? ??? ??????
> public every year at the expense of its other products.- Hide quoted text -
>
> - Show quoted text -

The ASE proofs are absolutely meaningless, numismatically, and the ASE
uncs a slightly better deal (though hardly the most economical way to
own silver).

I'm still waiting to see the 2010 unc ASE coins show up here in the
Patch. Unlike most places, we have a primary ASE dealer right here in
our little burg. I'm not holding my breath, there has been something
wrong with the physical metals markets as of late.

I'd bet that somebody's children will sell their proof ASE for a
fraction of whatever, whenever they get their hands on them. If your
kids don't collect coins themselves, of their own volition, that's
almost always what happens.

oly

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