10th Anniversary Platinum Eagle Set Back on Sale
The 2007 10th Anniversary Platinum Eagle Set quietly went back on sale at the US Mint within the last few days. It just noticed the listing this morning, but it appears that the sets may have went back on sale as early as Monday of this week. The sets are now listed for $1,249.95 with no ordering limits.
Each sets contains a 1/2 oz. 2007-W Proof Platinum Eagle and a 1/2 oz. 2007-W Reverse Proof Platinum Eagle. The reverse proof coin features mirrored raised elements and a frosted background, the reverse of the typical proof finish. In 2006, the US Mint had offered 20th Anniversary Gold and Silver Eagle Sets which featured reverse proof coins. These sets were extremely popular and sold out quickly, perhaps prompting the Mint to produce a similar set for Platinum Eagles.
The 10th Anniversary Platinum Eagle Set was first offered for sale on December 13, 2007 priced at $1,949.95. In April 2008, the price for the sets was increased to $2,649.95.
To date, approximately 18,000 sets have been sold at the higher prices. The US Mint had indicated in interviews that the entire maximum authorized mintage of 30,000 sets had been produced in December of 2007, meaning that nearly 12,000 remain in inventory.
In my opinion, this is a beautiful set, but it probably does not have as much potential as the 2008 dated Platinum Eagle coins currently available at the US Mint. The mintage of 30,000 coins for the 10th Anniversary Set is extremely high for the Platinum Eagle series. Also, it will probably take the US Mint a long time to sell the remaining 12,000 sets. In fact, I wouldn't be surprised if this set remains available for sale for several years.
You can find the US Mint's product page for the set here.
Labels: Platinum Eagles