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Replies: 18 / Views: 2,234 |
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Valued Member
United States
290 Posts |
Someone is selling eagles here. Also you get them from APMEX or Kitco, but it is cheaper to buy in bulk. I have also bought off e-bay and from my local dealer.
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Valued Member
United States
122 Posts |
One problem with silver is, if you acumulate a large value of it, you have a storage problem.
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Valued Member
United States
462 Posts |
ASE's are currently 17.74 at Bullion Direct. Big-Byte is correct if you want to store beyond 100 pounds of silver, it can get bulky. But keeping "one month of expenses" in silver shouldn't be too much of a problem.
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Valued Member
United States
79 Posts |
I have found the best way to buy silver is in rolls. Look at different dealers, 2008 and 2009 are good buys, better that singles.
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Valued Member
United States
60 Posts |
I'll piggyback on this thread for an answer. Does anyone know where I can buy ASEs that are uncollectible and only worth spot + a fee? Some eagles that are dinged or cleaned harshly? My nephews have shown an interest in collecting but are a bit young to receive anything collectible. I think they might lose, trade or try to spend an eagle. I could live with a bullion only coin disappearing but not even a low grade ASE.
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Bedrock of the Community
United States
10982 Posts |
Quote:My nephews have shown an interest in collecting but are a bit young to receive anything collectible. I think they might lose, trade or try to spend an eagle. I could live with a bullion only coin disappearing but not even a low grade ASE. ASE are all bullion coins. The proofs bring a healthy premium and are collected by many people but are really bullion coins also. For your nephews could I suggest some Ike dollars or Kennedy halves. If they are young, they may never have seen these coins. The circulated clad versions aren't worth much, if any, over face and could get them started in numismatics rather cheaply. Toss in a few IHC and LWC for good measure.
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Valued Member
United States
60 Posts |
bherring,
I have a modest collection of ASEs. That's where the kids picked up on them. I've given them Ikes and JFKs along with common date silver. They keep pestering me to crack an eagle out of it's slab, ( not gonna happen ) they just want to handle one raw. I'm hoping somewhere there are a few beat up ASEs for spot+ a few bucks.
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Pillar of the Community
United States
615 Posts |
I would say getting a Eagle for around $20-25 shouldn't be to hard to find. I don't think you are going to find one for less than that when you consider shipping. It isn't like people have been spending them, so finding one with wear isn't going to be very common.
-SWUSC
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Pillar of the Community
967 Posts |
You may even want to check at some local banks. Some carry them for resale. Last year my local bank was overstocked and was selling them for $20 each for 2007 uncirculated.
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Valued Member
United States
271 Posts |
I've got a 1997 ASE that looks like it has been picked up off a gravel road. It has hair line scratches covering the whole piece. I bought it at a truck stop for 18 dollars along with a Silver Town made 1 tr. .999 bullion coin. I considered both buys a bullion buy at the time (it was before I became interested in collecting). Such a shame too, the 1997 ASE's seem to be becoming popular.
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Valued Member
United States
79 Posts |
If you check around you can buy rolls that average $17.50 each.
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Valued Member
United States
86 Posts |
I've bought and sold gold and silver eagles through Blanchard & Co. out of New Orleans and found the process went well. I'm about 5 hours from them too. They were trading them at spot prices with just a little commission. They didn't care about condition as they're not collectors. This was large quantities however, I'm not sure what they do for small quantities.
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Pillar of the Community
United States
1026 Posts |
Welcome, go to APMEX or KITCO best to buy when silver prices are low they are high now. The last 50 ASE I got at APMEX were $ 13.00 each but I got them when silver was below $10.00 an ounce. Personally I will not get anymore till it drops below $ 11.00 at least again. If you get them in 20ea they are shipped in a coin tube for easy storage. The 2008 ASE I got were just beautiful not a mark on them.
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Valued Member
United States
462 Posts |
Hmmm, silver went above $14.00 today and gold is approaching $1,000 again. I bought 3 one ounce rounds of silver yesterday, already have bought Junk Silver and a 10 ounce bar so far this year. If silver does drop to $11 again, I will buy a LOT, but I am still buying some as it goes up, nothing wrong with "dollar cost averaging.
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Valued Member
United States
187 Posts |
Verno if you are interested in investing just in silver than dont spend the extra money for the eagles. Just go buy 1 oz rounds instead. They are $1-3 cheaper, depending on how much they charge for eagles at differnt places, and you get the same amount of silver! So for every 15 Silver Eagles you could probably get 16 1oz rounds. Those numbers are estimates because silver eagles range in price dramiticly depending on where you buy from
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