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Do You Think Eagle Coin Should Change The Design Yearly?

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Bedrock of the Community
13014 Posts
 Posted 08/28/2012  6:33 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list
I like the 1/2 ounce idea as well. I would suggest if they do it to only have it be bullion ones.

I guess it is the Platinum ones that make me wish for some special ASE reverse designs at least. I love the platinum ones but not the price
Pillar of the Community
United States
1027 Posts
 Posted 08/29/2012  10:30 am  Show Profile   Bookmark this reply Add clairhardesty to your friends list
I don't think that bullion silver fractionals would fly for the same reason that the ATB 5oz coins have flopped. The lobbyists who pushed for the 5oz coins were hoping that the per ounce overhead would be significantly lower than it is for the one ounce ASEs. It just did not turn out that way so there is no incentive for PM investors to buy the larger coins. Fractional coins would have much higher per ounce premiums so they would most likely flop as PM investment items.
Bedrock of the Community
13014 Posts
 Posted 08/29/2012  2:15 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list
The premium on the 5oz is insane at the moment for the P version unless they will never sell them lower than that no matter what.

Investors may not like the 1/2 oz but I could see casual collectors or SHTF stackers liking the half ounce for the cheaper overall price and more versatility if that was all thats left. I agree though those that just buy to invest would have no interest.

Im probably bias though just because id like to have the platinum designs offered in a more affordable manner
Pillar of the Community
United States
1027 Posts
 Posted 08/29/2012  2:30 pm  Show Profile   Bookmark this reply Add clairhardesty to your friends list
The ATB premium I was referring to is the markup the mint charges to APs on the bullion version. On the Eagle, they charge $2 over spot and I think that the AtBs are at $9.50 or $9.75, not enough cheaper per ounce to pass any real savings along to investors. The mint would probably have to charge at least $1.50 (possibly the full $2) on coins smaller than one ounce because the economies don't scale down with coin size. It was initially thought that a 5oz coin would only cost $4 or $5 to mint, but at least in part because of the three inch requirement, it did not happen that way.
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United States
2448 Posts
 Posted 08/29/2012  5:05 pm  Show Profile   Bookmark this reply Add carmykle to your friends list
We have an affinity for Dead Presidents and Classic coins. I would like to see a new design but so far both design committees have let us down. I liked the eagle commemorative when it came out, so something along the classic Eagle designs, would be nice.

Just my opinion, but the mint should have used the ATB designs for the Silver Eagle. Wouldn't have been a huge Boru-ha-ha over those silver hubcaps they now offer.
Valued Member
United States
223 Posts
 Posted 08/29/2012  5:48 pm  Show Profile   Bookmark this reply Add Landude to your friends list
To me the ASE is a classic and should remain that way..
1 vote for no change...
Pillar of the Community
Russian Federation
5172 Posts
 Posted 08/29/2012  6:07 pm  Show Profile   Bookmark this reply Add january1may to your friends list
I think the poll is missing an option for "they shouldn't have changed the Sacagawea design either"
(Seriously. I liked the original eagle version more. I feel the new changing designs are ugly, even besides the fact that they're changing - which, now that I think of it, I'm not even sure if it's a good or a bad thing in itself. I think I mangled the English somewhere in the previous sentence, by the way.)
Bedrock of the Community
13014 Posts
 Posted 08/29/2012  8:56 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list

Quote:
The ATB premium I was referring to is the markup the mint charges to APs on the bullion version


For sure. I think your right that could definitely be part of it. But the pucks have been so badly handled by the mint in really every way possible that I think with that particular series theres a lot more going into it than just the premium. They seem to love to have both versions come out after a glut of sliver products when budgets are already stretched thin and once you miss your or two in a series its a lot easier to not get them them try and play catch up
Pillar of the Community
United States
927 Posts
 Posted 08/30/2012  12:58 am  Show Profile   Bookmark this reply Add perfessor to your friends list
If there was a yearly design change for the ASE's then it really would not affect all of the versions that the mint produces in any given year. The design change could be just the reverse or both obverse and reverse. I would like it either way. I think the design changes on the Panda coins every year are really great. Keeping a theme with a different design. I wish the U.S. Mint would do something like that. I for one, also really like the yearly design changes on the Sac dollars. I just wish they would have kept the date and mint mark on the obverse like it use to be. But at least I can tell what year it is by the reverse.
Pillar of the Community
United States
1119 Posts
 Posted 08/30/2012  01:08 am  Show Profile   Bookmark this reply Add Steele to your friends list
I voted yes to change but not for the reason listed. I think the obverse of the ASE is one of the coolest design on a US coin since the $20.00 St Gaudens gold piece. but I voted for change as an anti counterfieting device. Not that I have ever seen a counterfiet ASE, I hope, but it would be easier to spot a fake if it looked nothing like it was sposed to.
Valued Member
United States
467 Posts
 Posted 08/30/2012  03:37 am  Show Profile   Bookmark this reply Add oober to your friends list
On the SAE, I would love to see a run through every Eagle used historically. Keep Liberty the same.
Pillar of the Community
Australia
4411 Posts
 Posted 08/30/2012  03:44 am  Show Profile   Bookmark this reply Add enworb to your friends list
I think the ASE is a fantastic coin, both reverse and obverse should be kept as is.
Valued Member
United States
86 Posts
 Posted 08/30/2012  11:11 pm  Show Profile   Bookmark this reply Add devilsbite to your friends list
Didn't get to vote but it would've been no change. For my limited budget revolving themes are cover well by the Mint's commemoratives. Offering Commem's in .999 would be more interesting than a revolving design on the ASE.

I'd be in on 1/2 oz ASEs. Been thinking that Independence Hall from the Bicentennial half would make an interesting reverse.
Pillar of the Community
United States
1704 Posts
 Posted 08/31/2012  12:38 am  Show Profile   Bookmark this reply Add Gyrene7483 to your friends list
I think they should stop the current design and use the Gobrecht Liberty Seated dollar design with the flying eagle on the reverse.

Ed
ANA LM-3175
New Member
United States
29 Posts
 Posted 09/02/2012  9:38 pm  Show Profile   Bookmark this reply Add netscape to your friends list
Thank all of you for the response!
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