Low mintages on W mint GAE
 

New member here. Been a long time collector of US coins. I have turned my attention to acquiring the W minted fractional GAE. Both proof and the burnished coins of 2006-2008. The low mintage numbers, and no more coming out of the mint might be an opportunity for some price appreciation in the near future. Question: Anyone know of an online resource where the latest mintage numbers can be seen?

Re: Low mintages on W mint GAE
 

The Mint's Web-Site

Re: Low mintages on W mint GAE
 

kind of hard to find at us-mint web site, but I hope this helps

http://www.usmint.gov/mint_programs/...ales&year=2008

http://www.usmint.gov//mint_programs...ageTotals#2007

Re: Low mintages on W mint GAE
 

Numismaster.com. Just type "mint stats" in the search field. They update weekly.

And yes, the 08 unc-w's are definitely worth the current premium... not making anymore and the fractionals will be discontinued. Current mintages are very low and will likely settle out low.

Re: Low mintages on W mint GAE
 

http://numismaster.com/images/upload...lemint1223.jpg

heres the latest mint report

Re: Low mintages on W mint GAE
 

Sr. Cortez, are you talking about the search field at the US Mint website? When I type in "mint stats" at Mint website, I don't get anything close to what you show. Could you give a little more guidance please?

Thanks,
Az Ag

Re: Low mintages on W mint GAE
 

1. go to numismaster.com
2. click news & articles
3. find the search field, enter 'mint stats'
(new mint stats are usually entered every thursday)

Re: Low mintages on W mint GAE
 

I was trying to find the numbers for the 2006-W GAEs - any ideas where those would be available?

At the Numi site, all I can find are 2007/2008.

Re: Low mintages on W mint GAE
 

Wow, good stuff. Thanks :36_1_32v:

Re: Low mintages on W mint GAE
 

So, I just thought I'd try again . . . anybody know where to find mint stats for the 2006 W burnished gold fractionals?

Re: Low mintages on W mint GAE
 

Re: Low mintages on W mint GAE
 

anyone think much of this one>?

http://catalog.usmint.gov/webapp/wcs...egory_rn=13238

Re: Low mintages on W mint GAE
 

Thanks so much - just what I was looking for!

I've had my eye on that 8/8 set - don't know about the numanistic value potential, but I sure would like to have one.

Re: Low mintages on W mint GAE
 

not sure either but the packaging looks nice.
the packaging on the first spouse coins is nice too.

Re: Low mintages on W mint GAE
 

From the link:

Historic Low Mintage � The official mintage figures indicate that these American Eagles have the lowest mintages of any U.S. Mint modern four coin gold set in history- only 10,500 complete sets were struck.

Incorrect--- there were only 8706 Gold Eagle Proof Sets minted in '95
http://www.usmint.gov/mint_programs/...oof#salesTable

Re: Low mintages on W mint GAE
 

To the members who have contributed info to this thread, Thank You, Seems like U.S. Mint production numbers are impossible for me to find on the web in one, easy access, comprehensive data base. The mint does not break the numbers down into West Point Unc or Proof totals. There's the Red Book, but when the 2009 edition comes out, the mintage numbers for GAE's will probably stop at 2006. My take on the 2006-08 GAE W mint fractionals is they are going to be a winner, no matter which way you turn it.

Re: Low mintages on W mint GAE
 

Re: Low mintages on W mint GAE
 

Here are the latest mint stats again, numbers obtained in advance of thursdays mint report from a member of another forum, always reliable...

<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR><TD vAlign=top noWrap align=left width="20%"></TD><TD vAlign=top align=right width="80%"></TD></TR><TR><TD vAlign=top colSpan=2>http://forums.collectors.com/i/dominant/block.gif
12/16/08

1OZ
.5 OZ
.25 OZ
.1 OZ
4 SETS

PROOF PLATINUM EAGLES
2432
1056
1293
3052
2616

UNC-W PLATINUM EAGLES
1926
1257
1778
2485
2158

PROOF BUFFS
11640
4654
6003
11361
7931

UNC-W BUFFS
3150
3295
4108
12626
6563

ASE
430556+ 37831

UNC-W GOLD EAGLES
4463
1601
2250
6911
1918

</TD></TR></TBODY></TABLE>

Re: Low mintages on W mint GAE
 

i wonder if those numbers also include the double prosperity sets

Re: Low mintages on W mint GAE
 

Speaking of that double prosperity set . . . are those two coins included the same as the other 'uncirculated' fractionals in that they are stamped on the burnished blanks?

Re: Low mintages on W mint GAE
 

Yes. THey both have the W mintmark.
That set is your last chance to snag a '08 buff unc.--- these just might be MONSTERS years from now... buff unc were a 1-year phenom.
Bear in mind of that list i just posted, only a few coins will remain in production next year...

Re: Low mintages on W mint GAE
 

Thanks. :)

If I had one of these sets, what would be the smartest thing I could do with it . . . leave it all packaged up as it came from the mint and hide it away somewhere for a while, rip it open and admire it and then hide it away for a while, or send it off to be graded by one of the two major grading firms?

I did buy a couple of 2008 W 1/10th fractionals still in the package from the mint the other day . . . same questions for those, I guess - what would be the smartest thing to do with them, considering in both cases that I would be hoping for appreciation in the future?

Do packages from the mint need to be unopened in order to have the coins graded?

(I feel like my ignorance is showing - but how else do you find answers other than by asking what might be stupid questions?)

Re: Low mintages on W mint GAE
 

you can open the packages...they arent first strike or anything so might as well open them to view the contents.
to have them graded you have to send the actual coin to the company...not the packaging unless you're going for first strike.

Re: Low mintages on W mint GAE
 

Thanks - nah, not interested in 'strikes'.

Do wonder if the prosperity set would be better left as it comes from the mint all nice and pretty in the box, or if it'd be better to have them graded. I'm guessing that grading would increase the value, but I'm pretty much of a numanistic idiot, having fallen into that end of the pool by accident.

The first 1/10th fractionals I bought happened to be slabbed/graded by NGC as MS69 2007Ws, which I think increased in potential value the day the mint announced the discontinuation of them. Used Cashback when I bought them, so I paid a price I was happy with to start with when I was thinking of them as 'just' bullion - but they might end up being worth more, I think (hope).

Re: Low mintages on W mint GAE
 

for the modern stuff grading only matters for grades of perfect 70's.
grades of ms/pf 69 are expected and dont increase the value.

Re: Low mintages on W mint GAE
 

Clawdia, No doubt your frac buffalo's are an instant winner. I saw only a few on ebay and they are offered with hefty premiums. As far as sending off for grading... If it was me I'd just keep them in the mint pack and go ahead and open them up and enjoy them. Don't worry about asking questions, we're all about sharing info here, Cheers

Re: Low mintages on W mint GAE
 

With gold at $875 and $70 premiums for bullion Gold Eagles from places like apmex, this 'W'-unc Eagle from the mint is a no-brainer! The mint only charges $4.95 to ship and they have a 30-day return policy to boot.

Re: Low mintages on W mint GAE
 

I've been struggling with buying the double prosperity set. The way the fractional buffalos have been going, it looks like a good flip soon as they are sold out? Possibly the 4 coin Unc. eagles too?
What to do, what to do?
Time is running out and these will never be made again!

Re: Low mintages on W mint GAE
 

but the more we buy the higher the mintage gets and the less valuable it becomes!

Re: Low mintages on W mint GAE
 

Did you get in on the fractional buffalos? or double set?

Should we save our $ for 09 offerings?

Re: Low mintages on W mint GAE
 

i did not get either.

i dont see them commanding anything great on ebay now that the live.com discount is over and as a seller you need to raise prices 10% higher than your cost just to break even with ebay/paypal/postal fees.

i did however get into some bullion during the last price dip :)

Re: Low mintages on W mint GAE
 

Yes the dip was nice to us!
I grabbed some at $730.
Now I want something to flip.

Re: Low mintages on W mint GAE
 

something to flip?
go for platinum...if you can find it reasonably priced.

i just bought some a few days back and plan to flip it when i receive it.

Re: Low mintages on W mint GAE
 

Like the Mogambo Guru says "Whee! This investing stuff is easy!"

I'm holding my pt for a while yet. I bought plat 1/2 eagles at $550.

Re: Low mintages on W mint GAE
 

Not so.
The mint is simply selling existing stock of these uncircs. Best sources indicate they stopped producing these months ago to focus on meeting demand for regular bullion issues.
The mintage is what it is. If anything the numbers for the 'sold out' coins such as the proof plats and unc. buffs will settle out downward as orders are cancelled and returns are processed.... from what I've read elsewhere, coins returned to the mint are destroyed.

Re: Low mintages on W mint GAE
 

I read somewhere that the 2008 coins will be sold until June of 2009 or until they are all sold. Otherwise the sale deadline (at least for the "last chance" coins) only runs through Dec 19th.

I am very close to pulling the trigger on the 08 Prosperity Set. I may also get the 4 coin GAE set exactly because of what you said. This is the last year for those Uncirc. GAE fractionals.

I wish I had gotten the 4 coin W mint Buff's. They seemed to go all at once.

Az Ag

Re: Low mintages on W mint GAE
 

Thank YOU that was a first CLASS post for it is great to oversee what has happened prior - and give a GUESTIMATE for the future on many things.

Again Thanks! :23_1_22::23_1_22::banana::banana:banchabancha:sle epy13::sleepy13:

Re: Low mintages on W mint GAE
 

Latest mint report:

http://numismaster.com/images/upload...lemint1230.jpg

Re: Low mintages on W mint GAE
 

Here are the latest numbers once again:
http://www.numismaticnews.net/upload...lemint0106.jpg

Re: Low mintages on W mint GAE
 

numbers keep climbing

Re: Low mintages on W mint GAE
 

Bear in mind the best info indicates those numbers are ORDERS, not sales or delivered coins.
That's why some of those numbers went down, due to returns and cancellations. The final tally typically takes months and some cases years to settle out.
The mint is not exactly renowned for timeliness or competency.

Re: Low mintages on W mint GAE
 

Is it correct that there are still no figures available on how many of the Prosperity Sets were either minted or sold? That would certainly have some bearing on how many of the 1/2 uncirculated gold eagles end up being in existence.

Still trying to figure out whether that's the best thing to buy, or if it'd be better to split the $$ among the uncirculated gold eagles and just forget that freakin' buffalo . . .

Or would that be a horrible mistake, giving up that chance at the buffalo . . . (can't be the worst mistake I've ever made . . . I'm still paying for that one!).

Re: Low mintages on W mint GAE
 

Clawdia, 4563 double prosperity sets 'sold' (should say 'orders taken') to date. Add that to the #'s posted above...
http://www.numismaticnews.net/upload...igmint0106.jpg

Re: Low mintages on W mint GAE
 

Sr Hernan. Thanks for the post. I see they have added numbers for the Prosperity set. Cool.

Clawdia, I have agonized over the same decision you are making. I can't really afford to get both the 4 coin GAE Uncirculated Set and the Prosperity set at the same time while also maintaining harmonious marital relations. I went ahead and got the Prosperity set because it is the first and last year for the Buffalo fractionals while it is only the last year for the GAE Uncirculated fractionals. If I can some how put some more funds together I will get the GAE set too. The only problem is the new 2009 Ultra High Relief Gold Double Eagle coin is coming out Jan 22nd and I want to get one of those too.

I am kicking myself for not getting the Buffalo Uncirculated 4 coin set when I had the chance. They sold out a lot faster than I expected them to.


Anyway, good luck with your decision.

Re: Low mintages on W mint GAE
 

Thanks for the data, hernancortes. I wish they'd publish these charts with numbers big enough I didn't need to drag out a magnifying glass to read them!

Az Ag, I can't afford both either - and am kicking myself for 'just' picking up bullion with the cashback instead of having enough of a brain in my head to have gone for the buffs! I'm still sitting on the fence - I guess if I perch up here long enough, the fates will make up my mind for me by disappearing something I'm thinking about buying. I've also debated picking up just 3-4 1/4s of the uncirculated eagles . . . those numbers on the 1/2s could get kind of high, if I'm reading the charts right.

I was lucky, tho - with the help of Mr. Softy's cashback, I managed to average in some fractionals at around $800/oz equivalent. Guess I shouldn't complain, since I was late come to the party anyway.

I did buy three 2006W uncirculated 1/10ths the other day - the ones in the nice little blue pouches inside the blue boxes - seller on ebay had never even opened the package from the mint. I don't think I'd ever sell an unopened pkg that had my receipt on the inside, giving my full name and address, as well as how much the coins originally cost. He made $100 for holding the three 1/10ths for a couple of years - I'm hoping I can make at least that much in a couple of years.

I'd rather have had the 2008Ws, but the price was right, and I think all these gold fractionals will be worth a premium one of these days. Whether I live long enough to cop a profit remains to be seen (that old story of the truck speeding down the highway, or just plain old age . . . ).

Re: Low mintages on W mint GAE
 

I bought a pair of the 08-08-08 prosperity sets from the mint today.

I cant believe the 1/10 oz buffalo coins are selling for $300+ on Ebay now.