2020 S End of World War II 75th Anniversary V75 American Gold Eagle Proof Coin

I just purchased the Silver V75 American Silver Eagle Proof Coin for a reasonable fee. I've been looking at the Gold version. I couldn't believe what they are asking...about $16K. I did see a couple at around $1,500. I would get it too except I don't trust the price disparity. They only made 1,945. Any reason they didn't make more? I don't buy much from ebay, but some of their prices are exorbitant. I'm trying get get a set of all of the ASEs, if possible. It's not a race, so I'm taking my time.

 

Log in or Sign up to hide this ad.

1945 was the end of the war.

 

Cuz we’re broke. Panzer has more gold than the gov. Great coin to have

 

I didn’t catch that. Brilliant

 

I didn't either. Anyway, VE-Day was May 8, 1945. Couldn't they have made 581945? I didn't see many for sale. I did see a couple for about 15K-16K. The silver coin blew my monthly budget. It sold for $83 at the Mint.
I think they should have thought a little bit longer about only making 1,945 Gold Coins. I didn't even see it until it was sold out. Let's see: They made 1,945 and sold them for $83 each for a total of $161,435. Do you think the cost to develop, produce, package and distribute the coins was enough to support that coin, let alone the cost of gold at that time. I wonder what the cost of gold was at the time the coin was sold... I'm a retired accountant, and I can't see how the coin could make any money. I haven't been counting beans for a while, but I still bet they lost money on that coin.

 

Patience is golden, for now it's silver, right? Good luck.

 

...and the year I was born...

 

Little mixed up here, the gold had a mintage of 1945 and a price of $2,500 for sales of $4,862,500. The silver was 75,000 at $83 each for sales of $6,225,000.

 

Were they raw gold and silver WW II's or were they graded ?

If graded...and then "First Stike" and other labels/marketing tools deployed, that would explain the price rise.

Saw the same thing with the 1995-W ASE and the 2009 UHR Saint-Gaudens.

 

The demand far outpaced availability on these. They sold out immediately. Like within minutes. Ten minutes maybe? Most had no chance of getting the gold directly from the mint. I spent 45 minutes trying to get the ASE and ended up not getting one before they were sold out. I tried hard, two different computers at two locations. It's one of the few I wasn't able to snag that I wanted.

I believe the AGE version are five figures, graded or not now.

 

One of the reasons I turned the US Mint off for good. Too many fabricated scarcities.

 

There were 1,945 (the year WWII ended) times the price of $2,500 per coin for at total of $4,862,500.
As for the Silver Coins, there were 75,000 coins minted times the price per silver coin for a total of $6,225,000.
I don't understand your question. I hope by showing my calculations, it will help you understand the difference.

 

I found a hole in my pocket and all of my money is gone, so I guess I won't need to worry about spending that kind of money.

 

It wasn't a question it was a response to:

 

We knew this was going to be a manufactured rarity when they announced it.

 

@Kentucky corrected a number of problematic comments and calculations in your post above. You seemed to have some silver and gold figures backwards and mixed up.

 

And you think the coin is overpriced.

The empty box the v75 gold eagle came in is being offered for $699 on eBay.

You read that right: $699.

Give me a break….

 

LOL! I was not aware of that. Wow.

 

A gold PR69 runs around $17,000 on eBay. Try $24,000 to $26,000 for a PR70.

 

One of the grading services has a back label that says V75. A couple of eBay sellers have put a regular gold proof in it. If you aren’t careful, you’ll think it’s the deal of the century — when it’s a really a big hose job.