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 Replies: 11 / Views: 1,132 |
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Pillar of the Community
 United States
6448 Posts |
I am beginning the process of helping an older friend liquidate her husband's coin hoard. I have not yet seen the hoard yet, but one of the items she clearly described were uncirculated ASE in the original packaging. I went on ebay to try to get a price idea, and all I can say is: yikes! Prices seem nuts and all over the place. Many coins sold were clearly fakes and replicas. There were many seemingly real ASE that sold for half of melt (including a really nice reverse proof), and then a solid mass around 90-110% of melt. Can someone give me an idea of how much to expect at a dealer, and then on ebay? I assume this question comes up a lot here, but a search just turned up an avalanche of unrelated posts on ASE. |
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Pillar of the Community
United States
7273 Posts |
Generally a regular ASE (not Proof) is pure bullion. Most sell for Spot plus a premium, currently around $4-$5, so around $35 per coin. There are a few like 1994-1996 and 1986 that sell for a slight premium. |
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Valued Member
United States
311 Posts |
Whether or not it needs to be done in a timely manner, I would suggest working with your local coin store. ebay may or may not be a quick process. Take the hoard and separate into logical lots and it will be easy to to compare bids from the LCS. And if you have large amounts of generic stuff then you might try the big online buyers like APMEX. |
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Pillar of the Community
United States
2213 Posts |
It depends if it's just a regular bullion ASE, millions made, or one made with more refined finishes by the mint as a collectible, UNC, proof, reverse proof in box with COA. There's some price differences too depending on condition, certain years that had less mintages, only a few bidding or several bidding really high because they want it really bad, etc. Having a coin dealer look can help but don't take the first offer. Most coin stores are honest but a few may tend to rip people off. I'm not saying this is the best option but some online dealers post their buy prices for bullion: https://www.jmbullion.com/my-accoun...ck-products/Edited by livingwater
10/01/2024 6:00 pm
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Pillar of the Community
 United States
6448 Posts |
Much appreciated, guys. At least that puts me in the ballpark around spot.
I have an abundance of caution around coin shops, as many of the ones in this area have quite a number of complaints on Google and social media.
I will have a better idea of what she actually has after I look over the hoard this weekend. Once I have a look, I will probably have some more specific questions to ask.
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Bedrock of the Community
 United States
10470 Posts |
And if they are in their OGP with certificates that also will add to the price.  |
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Pillar of the Community
United States
6448 Posts |
Okay, more information. The coins are five 1988 ASE in original packaging—hinged box, cardboard box, plastic capsule, certificate of authenticity. As far as I can tell, the capsules have never been opened or even removed from the display box. The ASE look very nice, of course. I told my friend that if she wanted to liquidate them, I would help her. However, I recommended that she give them as gifts to her kids and grandkids, as they are attractive bits of treasure from grandpa's stash. If she did want to sell, what would be my approach? Coin shop? ebay? Seems like a lot of money would be eaten on USPS shipping. |
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Moderator
United States
54280 Posts |
Try selling them here on the CCF Sales Forum. No fees. If you list them for spot silver price, you will keep just as much money as listing them on ebay for $5 over spot. I pretty much guarantee they will sell quickly. Show your financial support of the Coin Community Family (click here)See my topic on Mexican Numismatic Medals (click here) |
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Pillar of the Community
United States
7273 Posts |
Quote:The coins are five 1988 ASE in original packaging—hinged box, cardboard box, plastic capsule, certificate of authenticity. As far as I can tell, the capsules have never been opened or even removed from the display box. The ASE look very nice, of course. In 1988 the mint only made 2 versions of ASE, the Bullion and the Proof. The Proof came in an original packaging. Are you saying these are proofs? I actually have an 1988, is the box Purple? If proofs, they are selling at the local coin shop for $80-$85 each.   Edited by hfjacinto
10/08/2024 4:45 pm
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Pillar of the Community
United States
6448 Posts |
I am pretty sure that the boxes are blue. Each coin appeared to be a glossy strike, not a proof.
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Pillar of the Community
United States
7273 Posts |
Than they are regular bullion in an aftermarket package. They sell for about $35-$40. Like I posted above the mint only made 2 version of the ASE in 1988. If it's not proof it's a bullion coin. Bullion coins came in monster boxes and no packaging. The proofs were in a purple clamshell. Blue boxes were not in full use until 1994 (in 1993 some proofs were issued in purple boxes and some in blue). The color of the OGP was dark blue until 2000 and then royal blue after that) Edited by hfjacinto
10/08/2024 9:18 pm
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Pillar of the Community
United States
6448 Posts |
Well, we don't know when our departed friend actually bought them. I didn't read the certificates of authenticity, either. The blue boxes do look exactly like what is presented for later years. Maybe they are after market, or perhaps he purchased the bullion coins at a show, and the dealer put 1988 ASE into newer boxes. I can take a closer look at them the next time I visit. |
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Replies: 11 / Views: 1,132 |
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Posted 10/01/2024 1:33 pm
