LJRambo!!!

A journal by LJRambo111

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About this journal

Well My gut feel on the S mint Proof Silver Eagle would sell out fast.

 

But I got to say it sold out faster than even than my assumptions. I logged on early at 11:30 made sure my log in and credit card was up to date. All of this prep helped me out because I had my order confirmed within 30 seconds. I feel the mint kind a blew it They release a popular coin, the 2nd lowest mintage of all time for the series and they didn't put a order limit on it.  Why would they do this? It motivated the dealers to scarf them up at a record pace! It also blocked a lot of the collectors from adding one to their personal collections. I own a complete set of Proof silver eagles and knew the hype would explode.  

 

It really was a bit of a secret that the Congratulations Set 2017 would have a Sanfrancisco minted silver eagle,  But you would learn this if you were subscribed to mint blogs or checked coin  world weekly?  So what are the opinions of the collectors, do you feel the mint left most of us high and dry?

 

It even appears that even NGC was caught by surprise. Because the default trolley label won't be available until April 19th.

 

2017_S_Eagle_S1_Congrats set.jpeg

Entries in this journal

US Mint blew the 2017 Congratulatios set Release

Well My gut feel on the S mint Proof Silver Eagle would sell out fast.   But I got to say it sold out faster than even than my assumptions. I logged on early at 11:30 made sure my log in and credit card was up to date. All of this prep helped me out because I had my order confirmed within 30 seconds. I feel the mint kind a blew it They release a popular coin, the 2nd lowest mintage of all time for the series and they didn't put a order limit on it.  Why would they do this? It motivated
LJRambo111

LJRambo111

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How often should NGC update their grading census?

I've been curiously watching the population report for the 2015 reverse proof Eisenhower. However 7 weeks since the release and still no results Ok so we know there are only 17000 coins released and I know that the population report on the grading results for this coin will significantly impact the value of these coins. Am I alone in watching this one? Does anyone feel the grading results should be updated at least on a monthly basis? To see old comments for this Journal entry, click he
LJRambo111

LJRambo111

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2014 Clad High Relief Kennedy Low Grades and High Auctions

2014 Kennedy D SP69 Auction hits 2,550.00 on Ebay I purchased my 5 sets of clad Kennedy's and bought two sets at the ANA Chicago show. I was very lucky to get a 2014 P SP69 and a D SP68 from NGC. I was really surprised to see how low the grades were in the population report.       Acorrding to NGC's population report there are only 18 sp69's with a P mint mark and only 11 sp69's with a D mint mark. I had a tough time finding this population report because they are under the PF sets.  
LJRambo111

LJRambo111

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Already I'm surprised to find a low 2012 population result

I have always been a HUGE fan of the 24 K gold buffalo and the NGC Early Release label. But look what I just noticed Weather your a lover or a hater of the Early Release label we all have to admit they all fetch a higher premium when sold. After a little research I was quite surprised to see that the 2012 70 Gold Buffalo in both proof and Mint state have significantly lowere populations. 2008 PF70 Early Release Gold Buffalo 1508 2012 PF70 Early Release Gold Buffalo 1023 2008 MS70 Earl
LJRambo111

LJRambo111

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NGC / Ebay / Pay Pal reduced revenue

Did anyone notice that the Proof W Silver Eagle on ebay are nonexistent? Higher grading fees, higher Ebay fees and Pay Pal fees are the reason I stopped. NGC discounts to Modern Coin Mart gives the dealer a chance to lower the prices on Ebay and sell them higher on their web site. Ok it was plain to see that the discounts given to dealers from NGC gives them an ability to to cut everyone else out of the competition. The Silver Eagle PF70 was 99.00 each on ebay and 109 on their web site. The
LJRambo111

LJRambo111

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2011 1 OZ Mint State W gold Eagle

The 2011 1 OZ Mint State W gold Eagle did you get one? Two weeks ago (Jan 10th 2012) you could have bought the 2011 W Gold Eagle Mint State for only $1828.00 dollars. Then the US mint notified everyone that they sold out of the 1 OZ Gold Eagle. THey then announced to the Public that the mintage was only 8,810.00 1 oz coins. Did you know the 2008 Gold 1 OZ Buffalo that today sells for $4000.00 was 18,863 1 Oz coins. Did you get your 2011 MS W eagle? Right now that coin is fetching $2500.00
LJRambo111

LJRambo111

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Actual Silver Eagles with the W and S Mint Mark released later this year.(NO PARENTHESES)

Why buy a graded 2012 (W) or (S) silver eagle, the real mint mark will be released later this year. Ok so we know that there is an amount of hype we endure when collecting coins, but I have to remind everyone that if the montages are high on a coin that your adding to your collection then be patient and purchase it later in the year. The 2012 un-circulated Silver Eagle is being minted in both San Francisco and West Point. If you can send a sealed green monster box to NGC they will slab it w
LJRambo111

LJRambo111

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I Believe

What we need in the collecting world I pray and hope for fairness for all collectors. May the grading company realize that all collectors are treated equal, regardless of the label on their coins. I believe that if a grading company records and publicizes their grading results, and if each grading company promotes the elimination of fake coins in our markets then they should be compared equally on all registry sets. For the good of all collectors, regardless of the color of their label.
LJRambo111

LJRambo111

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Collectors lose

When collecting your sets remember to watch out for the following Keep in mind you will never have all of the labels Keep in mind you might not be able to afford to add coins to your sets in the future. Don't reference the big dealers that NGC deals with. Dont talk about preferential treatment for labels. Dont talk about special turn around times for special dealers. Dont mention to keep the collecting community in mind Dont poke the Bear. I pray and hope for fairness for all c
LJRambo111

LJRambo111

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Video showing how upset the world was missing out on the 25th Anniversary eagles

Ok if there is ads running at the bottom of the window, close them because there are subtitles that change the foreign Languages to English. Read the subtitles. Ok I get it everyone is upset they missed out some were lucky but most ended up frustrated like the following video. If there is any ads running at the bottom close them and read the definitions. ;feature=youtu.be
LJRambo111

LJRambo111

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Be creative when acquiring 25th Silver Anniversary Eagles

No sour grapes here, I did the math I knew that 100,000 sets divided by 5 sets per household was only 20,000 purchasers. Dont say your boycotting the 25th SAE set You might as well say your boycotting the 10th Anniversary Set. Here what I did to get my sets. In my opinion we as collectors need to be smart and persistent, I have an order from the mint and I know the "web site" never crashed. We cant make the coin company's in Florida act responsible, it's greed. But I have to say they were sma
LJRambo111

LJRambo111

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Which coin will become the most sought after in the 2011 25th Anniversary set? S or Plain?

The SAE S mint mark Silver American Eagle will have a total mintage of roughly 100,000 coins, But one of the coins in the set has a population of only 8% with a grade of 70. It's mot the W mint mark. Ok so we know that two of the coins are very special in the 25th anniversary eagle set. THe Reverse proof and the Mint State with the S mint mark. Has anyone realized that the regular silver eagle (bullion version) has a population of only 7% to 9%? Well lets also consider the fact that with eve
LJRambo111

LJRambo111

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25th Anniversary Silver Eagles

I am a SAE collector, I knew about the SAE release and I was very patient and got my order in at 12:22. The best news is my order shipped TODAY 11-9-11. If you were lucky enough to get a set remember don't open the "cardboard box", or you wont be able to get them graded with the special 25th anniversary label. I hope all these people ordering sets on Ebay realize that an opened set of 5 coins kills off 3 coins of the 5 pc set. WHy buy an opened set on Ebay when NGC or PCGS will not grade th
LJRambo111

LJRambo111

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Platinum coin hype

I believe the 2010 platinum coins sold out because the mint is starving the public with the lack of minting decent collectable coins. Why should we buy a 2010 Platinum coin which has a total population of 10,000.00? You can buy the 2006, 2007 or 2008 Platinums with a much lower population. The 2006 through 2008 platinum coins have a total mintage of less than 25% in comparison to the 2010 proof edition. Is the public following hype or basicly not doing their homework? The total population
LJRambo111

LJRambo111

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Watch for theives passing clad coins in the silver proof packaging

Check your back dated silver proof sets if you buy them from EBay. Someone put clad coins in my Red 1999 Silver proof set. I have a set of PF 70 silver state quarters which is missing the dreaded Delaware Pf70. So I?ve been buying 1999 silver proof sets for grading. I have purchased 5 or 6 silver proof sets from EBay. I try to be cautious and buy them from people who have good feedback. Sometimes I try to buy them from sellers who don?t have a lot of coins sales in their feedback. I go
LJRambo111

LJRambo111

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The 2006 20th Anniversary Reverse proof is selling for 25% cheaper thann the 2008 W Proof Buffalo

Yesterday?s coin is a rarer coin and today?s best value; do you want to know what it is? In my opinion, it?s mostly forgotten and a better looking coin. The Buffalo fury is on. I have seen an EBay auction sell a 2008 W Mint mark PF70 Buffalo sell for $3,999.95, what?s behind the fever? Is it the current price of gold or is it the Rarity of the 2008 Buffalo? It can?t be the mintage number. Because the MS 70 W mint mark on the Buffalo uncirculated version is half the mintage of the proof version
LJRambo111

LJRambo111

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Is the 20th Anniversary proof coin a special label or special coin.

If we only buy coins based on the coin and we don?t consider the label then we shouldn?t embrace the 2006 UC Proof Gold Eagles slabbed 20th Anniversary. I love it, because it?s one of my rarest! In my opinion the guidelines NGC set up for slabbing all coins with their proper pedigree are one of the best in the industry. If we look at the rules and guidelines that were set up for the 20th anniversary coins it shows a well thought out process. In fact I believe it was one of the best. Did you
LJRambo111

LJRambo111

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Proof Buffalos Early Release Label causes controversy

Many of the responses to my earlier journals state that NGC?s Early Release label is a farce. But I say market conditions prove otherwise. I posted a journal a couple of days ago regarding the anguish of getting and shipping 5 proof buffalo coins to NGC for grading. The dilemma is that we need 5 coins in our shipment to meet the guidelines to submit coins for grading. 5 Gold Buffalos at current market prices is $7300.00. The US post office only lets you insure packages up to $5,000.00 for prio
LJRambo111

LJRambo111

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Slow and steady looses the race

Submissions sent to NGC are at high risk because of the increase in gold prices and NGC guidelines. I find myself in interesting situation. NGC states that you need to have a minimum of 5 coins graded per submission. This is fine if you?re in the neighborhood. If I send 5 coins through registered mail it takes 5 to 7 business days to reach them. If I send 5 gold buffalos to NGC for grading the total value of my shipment is $7,300.00 in raw gold costs. The US mail insurance limit is $5,000.0
LJRambo111

LJRambo111

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I'm Thankful for the 2009 Buffalos and their a deal, but only for the rest of this week!

Silver and gold are on the rise the proof buffalos from the US mint for 2009 opened at $1360.00 priced at $1410.00 today Thursday they will probable be $1460.00. Currently the 2009 Proof 70 Buffalos are selling for the low price of 1,600.00 on EBay. Last years PF 70 Buffalo runs for $3,300.00. What a deal 1600.00 for a 2009 Proof Buffalo. If gold opens above 1,150.00 for three days this week the mint will raise the price of the 2009 raw coin to 1460.00. Now doesn't it sound like the buffalo is
LJRambo111

LJRambo111

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The Buffalos are out, I got mine shipped today

Hurry get yours corralled before they get away. They may be sold out, just like last year! The Herd is corralled I received my 2009 PF 70 Buffalo today I didn?t chase the 2008 Buffalos I collected them, because I cherish their beauty. I don?t how many buffalos will be minted in 2009 and I don?t care. I purchase all of mine at the cheapest price and graded them myself. After I had my coins the Mint sold out and announced the total mintage. Can you believe it was fewer than 20,000? 200
LJRambo111

LJRambo111

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It's hard to catch a Buffalo once they get released.

Are you a Buffalo collector or a chaser? Do you, or will you have your 2009 Buffalos at the start of the release or will you chase them later. Once released Buffalos are hard to catch. The avid collector wins every time. We research when our favorite coins will be released. We buy the coins because we are committed to the coin or type set. Now look at the history of the 2008 Buffalo sets. Nobody was buying them. But if you were committed to collecting the coin because you have a passion or
LJRambo111

LJRambo111

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US Mints Silver American Eagle decision is suicidal to the program

Us Mints decision to not offer the 2009 Proof Silver Eagle is the biggest self destructive attack to the SAE program, and coin collecting programs in the US market. You see the US Mint had very little passion following their market in the early 80?s. Then someone in their marketing programs came up with great ideas. They decided to promote the sales of gold and silver when they initiated the sales of Gold American Eagle and Silver American Eagles, thank you Ronald Reagan. Then they decided to
LJRambo111

LJRambo111

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The avid collector wins every time

Are you a collector or a chaser? The avid collector wins every time. We research when our favorite coins will be released. We buy the coins because we are committed to the coin or type set. Now look at the history of the 2008 Buffalo sets. Nobody was buying them. But if you?re committed to collecting the coin because you have a passion or desire to own them you buy them. We buy them because we are collectors and desire to own one of each of them, not because of greed or monetary gain; we coll
LJRambo111

LJRambo111

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