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American Eagle 25th Anniversary Silver Five-Coin Set

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GINO TUMMINIA

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Hey -They're almost Here . . And I hear there's even gonna be another "Reverse Proof" Too!

 

(This Posting is meant mainly for the "Newbee" collector of Silver Eagles, the rest-o-ya', Please indulge me, and update my info when nec.)According to an article on 8/20/2011 from SilverCoinsToday:To celebrate the Anniversary, the United States Mint announced plans for a 25th Anniversary American Silver Eagle Set. This 5-coin set will be limited to 100,000 sets, and is scheduled to debut in late October. The Mint is waiting til almost the -Last Moments- before letting us in on all the details(due to fluctuating silver prices), and opening up for business. The Set will be composed of:1 2011-W American Silver Eagle Proof,2 2011-W American Silver Eagle Burnished Uncirculated,3 2011-P American Silver Eagle Bullion Coin,4 2011-P American Silver Eagle REVERSE PROOF,5 2011-S American Silver Eagle Bullion Coin, bearing the San Francisco "S" Mint-mark. One San Francisco Mint silver eagle was previously issued on 5/31/2011. Identical to the bullion version silver eagles struck throughout the year at Phil./West Point "without" a mintmark. Certification by NGC required that these (S) coins were submitted while still in their green "Monster Box" bearing the S.F. Mint Seals and Audit Tags. Until that release, collectors can obtain some of the coins individually. The first three eagle coins above have already been issued, NGC is providing a 25th Anniversary Label for these issues, however- coins issued in a Set will, most-likely bear the 25th Anniversary "SET" Label on the Slab. Pricing also has not yet been determined. The 2006 20th Anniversary 3pc Silver Set Sold for a Flat $100.00, when the silver Spot Price was under $9/oz. The current volatility in Spot Silver pricing bouncing between $38-$48/oz has forced the Mint to update its silver coin prices almost daily(as they have with Gold & Platinum coins for the last couple of years). The Burnished Eagle was made available last week from the Mint selling for $60.45, and the Proof Silver Eagle, available since 6/30/2011 for $68.45. Now if Silver prices decide to do a nose-dive, let's hope that US Mint pricing follows suit!(9/24 Silver spot at $30.45-Down 10 Bucks!) With nothing to cast a doubt that the Mint will be issuing the 5-Coin 25th Anniversary Set at other than the same $65-$70 per coin ballpark pricing as the other 2011 issues, making the estimated issue price around $350.00. (But then, I could be way off!) The US Mint also has not indicated whether it will offer any of these coins individually(but probobly not).CERTIFICATION OF ANNIVERSARY SETS: Let it also be assumed that Certification of this 5pc set will Demand(YES DEMAND) that the silver eagle coin sets are submitted to NGC(and other services) in the same manner as the 2006-20th Anniv. Sets were- WHILE STILL "SEALED" IN THE US MINT SHIPPING CARTON, "Do not open those shipping cartons! Pack-em up "as they are" and forward them along!MORE NEWS TO FOLLOW . . AS IT COMES IN!9/27/11 - KEEP AN EYE OUT FOR THE "2011(W)Struck at West Point" Label Silver Eagle, it might just be a 'Hype' coin. Though it carries the NGC Label, so far NGC has not decided to give it it's own Slot in the Competative Sets.CLICK HERE FOR MY FOLOW-UP ARTICLE: http://coins.www.collectors-society.com/JournalDetail.aspx?JournalEntryID=9577You can view the original article at; SILVERCOINSTODAY-> http://www.silvercoinstoday.com/2011-w-american-silver-eagle-uncirculated-coin/104813/KITCO SPOT PRICES-> http://www.kitco.com/market/ US MINT SCHEDULE-> http://catalog.usmint.gov/webapp/wcs/stores/servlet/ProdschedView?storeId=10001

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