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ASE Silver Eagles: Numismatic Or Just Bullion?

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Hollywood's Avatar
United States
1228 Posts
 Posted 11/05/2014  7:56 pm  Show Profile   Bookmark this reply Add Hollywood to your friends list Get a Link to this Reply
What I was trying to say was would coin dealers pawn shops jewelers etc offer more for a proof 1oz ASE than a business version 1oz ASE in the same condition or are they both valued the same upon sale in there eyes a few dollars over current spot ?
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sel_69l's Avatar
Australia
21788 Posts
 Posted 11/05/2014  8:27 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
If you try to sell them, you will only get bullion value less a percentage for them.
So they must be regarded form an point of view, as a bullion value only item.

HOWEVER,

There is nothing wrong with building a decent and interesting collection of different forms and types of silver bullion coins, and that is precisely what many collectors of bullion actually do.
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Hollywood's Avatar
United States
1228 Posts
 Posted 11/05/2014  8:58 pm  Show Profile   Bookmark this reply Add Hollywood to your friends list Get a Link to this Reply
Bullion value only thanks

It's just good to know.The difference in value between a never opened mint capsul proof & a just off the press business version.


New Member
United States
26 Posts
 Posted 11/12/2014  4:47 pm  Show Profile   Bookmark this reply Add SilverBeagle to your friends list Get a Link to this Reply

Quote:
The bullion dealer down the street from my house puts a premium on BU bullion, particularly the current year's ASE's that he pulls from monster boxes. Even though I'm mainly stacking bullion ASEs when I buy them, I'll buy one or two of the current year but then for the rest of the year, I buy the older ASEs he has in stock for a dollar less of a markup.


This is pretty much why I started buying them in the first place, the coin guy selling cleaned Peace/Morgan Dollars at 2-3X the Red Book value, and ASEs at a small markup. I've turned to ebay for most of my coins now, I haven't been able to find a dealer even close to reputable in Eastern NC. I would say the burnished and proof versions are way more than bullion, maybe not to the local coin guy but what you can get on ebay is definitely much more.

In my case I just like silver dollars and I'm glad they've kept up the ASEs (bullion or not). My collection is pretty much all over the place: bullion versions, proof, reverse proof, burnished (some graded, one in the box with COA), whatever catches my eye but rarely two of the same year. Personally I think they did a great job with the reverse proof.
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