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Replies: 24 / Views: 3,775 |
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Pillar of the Community
United States
1300 Posts |
Naw...i can think of lots more amazing numismatic finds that a ASE.. When I shift to bullion hoarding I will buy these.. Too many are made and none are nothing but bought for bullion buy sell... I personally enjoy numismatic treats and all of my ASE sells aside from my first 86-13 set were losses because I prefer US coinage used in circulation... I will take a silver proof set over ASE anyday I to am tired of them and silver rounds as well... Just my cup of tea doesn't have to be anyone elses although all that being said I do like the three coins sets especially the proof and reverse proof those are a great conversation piece
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Bedrock of the Community
Australia
21788 Posts |
Go into ancient coins. I was hooked after a visit the the Coins and Medals Department of the British Museum. That was 40 years ago. Before that, I was accumulating bullion gold sovereigns. They got sold at the time of my 'conversion'.
I have learned quite a bit about 'numismatics' rather than 'coin collecting', since then.
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Pillar of the Community
 United States
3789 Posts |
Interesting.... I sure hope they do some change. Enough is enough already... or run two type series... or run some new type gold/silver coin that does change.
....and no I wont be giving up the other coins lol
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Pillar of the Community
United States
1026 Posts |
Keep the ASE design as is for the bullion release and have a yearly change for the numismatic releases - that's just my suggestion. I really like the Britannia series and this is the approach they have taken - both unc and proof numismatic issues will have a different design every year, but the bullion will stay the same. This way, purists and progressive folks are being kept happy (to some extent at least).
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Pillar of the Community
Canada
3692 Posts |
Here´s the thing about the USA that is very very very smart. They use the same designs on their coins and bills and has been that way for almost a hundred years. The recognizability of one´s currency is the most important thing. Who abroad would be able to keep track of Canadian coins if it were the reserve currency of the planet? The fact that the bullion hasn´t changed is actually a big plus in my view.
(I didn´t read other responses so as not to taint my opinion, but I will now.)
Okay, to add to that it´s my opinion that buying proof bullion is playing with fire and plain weird. Mintages are not THAAAAT low that they´re rare. If you are buying only proofs then why not expand into other countries´ designs, as I know you do, yup. I just don´t get the expectation one has when the reserve currency has a bullion coin that is also in its own little way also a standard in the bullion world. They are of great quality, don´t have milkspots, they´re thinner and wider than most bullion coins, and they have a legit look to them. I think that the series would suffer if it were to undergo yearly changes. If you like collecting, why not just plunge yourself into numismatics entirely, is what I´m saying.
Anyways, I really don´t think that bullion should be treated like numismatic coins - they are worked metals. Proofs are an afterthought to the original ¨coin¨ to get more money out of ya...and it´s working. If I had my own mint I really would only produce enough proofs to meet demand without any set mintages.
Sometimes you see more details in matte\satin finishes anyways - proofs are too white and shiny - bad traits for anything you want to focus your eyes onto. You need contrast, but that´s another discussion altogether.
Edited by Libertad 04/16/2014 12:07 pm
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Pillar of the Community
United States
4870 Posts |
Why not just have a reeded blank silver round with just United States of America, E PLURIBUS UNUM and IN GOD WE TRUST, and a date. It's just bullion after all. Heck, blank dollar coins would be better than whats offered now!
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Pillar of the Community
United States
7195 Posts |
@TheForce Granted the design has been around but how dull would it be to have rounds as you described? Might as well by bars at that rate. The ASE's have a handsome design and are well known, to change it for a blank slug, never happen. The mint has a winner as they sell millions of these and they will continue so long as people (like me) keep buying them. It can be over kill with the back to back sets but they are the silver dollars of our age and I will continue to add each date, mint, and type to my set.     
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Pillar of the Community
 United States
3789 Posts |
I like what OXFL said, thats exactly what I would like the mint to do.
Change the design every year,continue with the 3 diffrent finishes... and perhaps, add a new gold and silver proof every year.
I cant even keep track of how many eagles, in gold and silver, that are proof that I own. I have been a loyal customer. But I have grown tired of the same coin every year, its like routine. I know can expect the same eagles on the coins sort of thing.
why not have the eagles in different poses and settings? Or if they want to continue the eagles as they are, then release a new coin for year year, that is proof gold and silver and is different,,, like with the eagle.... or other native species....
Now, I am not saying lets go overkill here and have the mint release 50 products a month either. But lets have some variety. I release that part of this is the process of how the US Mint goes around making coins.
However, coins are a way for a nation to export its culture, expand the awareness of the country and get the message out, so to speak. It would be nothing but a total gain for the US Mint to have more offerings and reach more people.
This will take an act of Congress, of this I know. I do like how they have switched things up with different finishes with the silver eagles... thats been nice and I have liked that.
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Pillar of the Community
United States
3486 Posts |
I have never liked the ASEs. The obverse is a poor copy of the Walking Liberty design. The reverse is just boring. But that's me. I want REAL coins, not imitation coins. Get the eagle of of its ... perch and replace it with the "ready for a fight" eagle along the lines of our earliest coins. Have it facing the arrows which, in this day and age, looks like the new normal. Shove a sword in Liberty's hand and have her look mean. Just a rant.
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Valued Member
United States
66 Posts |
There are some good points here, but if they are going to change coin designs the ASEs are no where near the top of my list. We need more coins featuring Lady Liberty.
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Bedrock of the Community
Australia
21788 Posts |
How 'bout a pad printed colorized version of an ASE in red, white and blue? I betcha the U.S. Mint would sell millions!
Edited by sel_69l 04/17/2014 02:02 am
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Bedrock of the Community
United States
19964 Posts |
Personally, I only use them as bullion...I know that may upset collectors but if you take an Eagle to any coin shop they will offer you just below melt. I know people do collect them but they are seen by most as basic bullion.
Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Bedrock of the Community
 United States
12845 Posts |
Quote: Personally, I only use them as bullion... It's that whole market thing, and how you use it, I suppose. I have a few stacks of bullion ASEs, and a pile of numismatic ASEs. I've made and lost money off of both kinds. Due to their liquidity I really don't think there's a downside to owning ASEs/AGEs unless you *really* dislike the artwork. In that case, sell them to me. @h1cks,  and I agree. There are other coins that need attention before the venerable ASE.
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Pillar of the Community
United States
927 Posts |
I have always liked the ASE design and I buy a few each year, but that's it. It is mostly a bullion coin, so I consider it more like a modern coin, similar to the Kennedy half and dollar coins which are NCLT now. I buy a few of each of those also just to keep my books going. That being said, I think that any design that is over 25 years old needs a change. This includes the dime and half dollar which are waaaaaay past due for an overhaul. We need more liberty coins and I would rather see new designs instead of rehashing old ones. Change it!
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Pillar of the Community
 United States
3789 Posts |
.... and besides the silver eagle, the gold proof eagles are also bland IMO. I like how the eagle looks but even that has gotten old now... and again I been a long time supporter of the gold eagles.
Its time for the mint to update this series or add some other series that runs along side it but changes every year.
Heck if the China Mint can change their panda's every year then there's no reason the US Mint can do something too.
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Replies: 24 / Views: 3,775 |
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