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Monster Box Of Silver Eagles With Edge Issues?

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Pillar of the Community
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 Posted 10/06/2023  6:10 pm  Show Profile   Bookmark this reply Add Freespeech57 to your friends list
It is part of the security features for the ASE
Pillar of the Community
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 Posted 10/06/2023  7:00 pm  Show Profile   Bookmark this reply Add NumismaticsFTW to your friends list
I got a good laugh from this one, thank you!

I'd be more worried about the way you are handling these!

Big big NO NO touching them with your fingers like that.
You realize when you know how to think, it empowers you far beyond those who know only what to think.

-Neil deGrasse Tyson
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 Posted 10/06/2023  7:30 pm  Show Profile   Bookmark this reply Add livingwater to your friends list
Yup, the US mint started putting the edge notch in 2021 for security. Each year they move it to a new location on the edge. But it's really not a very secure feature compared to the great security features on the Canada Maple Leaf and Britannia. I've seen a YouTube video showing a fake silver eagle with the edge notch.

As others said use gloves to handle these, leaving fingerprints can reduce the value some when you sell them.
Edited by livingwater
10/06/2023 7:33 pm
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 Posted 10/06/2023  7:40 pm  Show Profile   Bookmark this reply Add mike31093 to your friends list
I had to google Monster Box of Silver to get a cost idea. Wow! Double WOW!

So what exactly is the purpose for this kind of purchase? If just bullion why not buy bars?

Please, someone enlighten me!
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 Posted 10/06/2023  7:48 pm  Show Profile   Bookmark this reply Add livingwater to your friends list
ASE are the most popular legal tender bullion in the world. Historically their premiums have not been real high but usually higher than generic rounds or bars. During Covid ASE premiums skyrocketed, sometimes up to about $10 - $12 per ounce. Premiums have since come down but will likely always be more than rounds or bars. You pay higher premium buying them but when you sell you will get more for them too. ASE are very liquid, easy to sell. A lot of collectors like to buy them and have them graded/slabbed or buy them already graded/slabbed. They are a collectible coin to them, not just bullion.
Edited by livingwater
10/06/2023 8:48 pm
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 Posted 10/07/2023  12:04 am  Show Profile   Bookmark this reply Add machine20 to your friends list
More collectible when not finger printed of course
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 Posted 10/07/2023  01:55 am  Show Profile   Bookmark this reply Add jacrispies to your friends list

Quote:
So what exactly is the purpose for this kind of purchase? If just bullion why not buy bars?

Please, someone enlighten me!


With the fancy gold watch he is wearing, I would assume he is a dealer.

OP, if you are a collector, please educate youself before spending thousands of dollars on coins...
Suffering from bust half fever.
Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955
Shoot me a PM if you are looking to sell bust halves.
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 Posted 10/07/2023  05:37 am  Show Profile   Bookmark this reply Add nickelsearcher to your friends list
Ouch on the first photo. You're going to devalue the coins for sure by grabbing them that way.
Take a look at my other hobby ... http://www.jk-dk.art
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 Posted 10/07/2023  08:42 am  Show Profile   Bookmark this reply Add Morgans Dad to your friends list
The Wonderful thing about Learning. Other's with Experience, Have been There,.....

Learn that Poem.
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 Posted 10/07/2023  08:52 am  Show Profile   Bookmark this reply Add Morgans Dad to your friends list
The last time I saw Anything like the OP's First Picture, was at a Coin Show. I had to speak up, People who Enter a Hobby or Subject, Have No Clue as to The Proper ways to handle Coins, Medals, Currency, etc...


PS, The person who was Mis Handling the Silver dollars for sale was Jingling them around in his hands, banging them together, He was talking the Entire time.They were " Morgans and Peace Silver Dollars ", VF- AU. About $12.00 each Then...

I spoke up and said, Are you aware your Destroying those coins, He stated, I might buy them.....

The dealer did not care, I Did... If your not buying them, Please stop banging them around.... He Put them down, .... People Have No Clue!! Best Wishes.
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 Posted 10/07/2023  1:28 pm  Show Profile   Bookmark this reply Add Dearborn to your friends list
Nice little stack of now cull, fingerprinted silver.
But that missing reed is an intentional 'part' of a new security feature placed on these coins - the rest of the security features have not been released.
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 Posted 10/07/2023  2:37 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list
I am always surprised when some one has no idea what they purchased and then come on here asking about something they should just know.


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 Posted 10/07/2023  2:42 pm  Show Profile   Bookmark this reply Add John1 to your friends list
Thstim,
to CCF. What is the date on the ASE?
John1
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 Posted 11/01/2023  3:08 pm  Show Profile   Bookmark this reply Add Thstim to your friends list
Thank you . I found that it is a strange security measure
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 Posted 11/01/2023  7:37 pm  Show Profile   Bookmark this reply Add Dearborn to your friends list

Quote:
I found that it is a strange security measure

But I suspect that it is not the only one - I hear and read that they call this 'missing reed' "One of the security measures placed on these coins", just not published to the public.
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