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Can Someone Help Me With Silver Eagles?

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lucifer's Avatar
United States
189 Posts
 Posted 12/12/2007  7:09 pm Show Profile   Bookmark this topic Add lucifer to your friends list Get a Link to this Message Number of Subscribers
Hey everyone,

I'm a little confused as to the history of silver eagle 1986-present.

I know there is both a proof and Unc coin of each year but I do not understand what people mean when they talk about like 2006-W? Do some years 86-present have more than one variety of proof or Unc coins?

I would appreciate anything you know or any links with good history on the coins.

Thanks, Lucifer
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Sleaklight's Avatar
United States
827 Posts
 Posted 12/12/2007  7:20 pm  Show Profile   Bookmark this reply Add Sleaklight to your friends list Get a Link to this Reply
in 2006 they made a proof from philadelphia and a proof from westpoint, W for westpoint. The W one is more expensive one. 2007 also has a burnished uncirculated W eagle. The proof also has the W but this eyar it's the normal uncirculated that got a W on it.
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trdhrdr007's Avatar
United States
2335 Posts
 Posted 12/12/2007  8:01 pm  Show Profile   Bookmark this reply Add trdhrdr007 to your friends list Get a Link to this Reply
Maybe someone with a little more experience with these will speak up here, but heres my take. I think they mint a bunch of these without any mintmark, & sell them in boxes of 500 to major dealers as bullion. The UNC ones with W minmark are minted in West Point & are only sold individually by the mint. Then again, I could be totally wrong.
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Bryan1315's Avatar
United States
14454 Posts
 Posted 12/12/2007  8:58 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
2006 was a special year because it was the 20th anniversary and they made special Silver Eagles for this year like the Reverse Proof and the West Point uncirculated coin
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BRUCE 1947's Avatar
United States
834 Posts
 Posted 12/12/2007  9:09 pm  Show Profile   Bookmark this reply Add BRUCE 1947 to your friends list Get a Link to this Reply
Lucifer.
Here is some info that might help you out hope this helps.

THE OTHER BRUCE.http://www.coinfacts.com/bullion_co...on_coins.htm
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patrick's Avatar
United States
560 Posts
 Posted 12/12/2007  9:31 pm  Show Profile   Bookmark this reply Add patrick to your friends list Get a Link to this Reply
Just a couple things to add - and I hope I'm not completely wrong in this. The uncirculated ASE is a bullion coin, meaning that it isn't for general circulation and it's face value ($1) has nothing to do with it's actual value. It tends to be used (1) as a investment or (2) for banks that need to move a lot of "real" money (as opposed to the paper kind) around. You can generally purchase these from a dealer in your area for just a little above the spot price of silver (about $15-17 right now). Different dates in the uncirculated series don't differ much in value, a 1986 is about the same as a 2006 because their values is directly linked to the price of silver. Proof coins are different. These are sold to collectors and, in some cases, have value far above the melt price of silver.

I was going to post the same link as Bruce 1947 but he beat me to it. But it brings up another couple questions I've had about these coins. Are the proofs always made at the San Francisco and West Point mints? What about years with and without mintmarks (i.e., 1994 and 1994-P)? They were both minted in Philadelphia but does one denote the proof series and the other the uncirculated bullion series? I'd be interested in knowing.

Beautiful coins!
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Spider5689's Avatar
United States
2269 Posts
 Posted 12/12/2007  11:22 pm  Show Profile   Bookmark this reply Add Spider5689 to your friends list Get a Link to this Reply
Actually not all proofs are made in either San Francisco or West Point. As Bryan mentioned earlier, the 20th ASE Anniversary set included 3 coins. Both the Proof and Uncirculated W were minted at the West Point Facility. The Reverse Proof was actually minted in Philadelphia.
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lucifer's Avatar
United States
189 Posts
 Posted 12/13/2007  12:25 am  Show Profile   Bookmark this reply Add lucifer to your friends list Get a Link to this Reply
Hey thanks everyone for the help still 1 question.

Now with 1988, 2003-2007 there is an UNC with and without the W mintmark? These are the only silver eagles I have but none of them have mintmarks. However this is not mentioned in the RedBook any particular reason why?

So technically to have a "complete" set you would need 1 with and 1 without the mintmark no? And this is just for the UNC. Ay carumba I need to start making better tips at work!
Edited by lucifer
12/13/2007 12:30 am
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jbakic's Avatar
United States
251 Posts
 Posted 12/13/2007  09:56 am  Show Profile   Bookmark this reply Add jbakic to your friends list Get a Link to this Reply
From what I can gather, the following are the available ASE's today:

Proofs - 1986 to 2000, then 2001-W, 2002-W, 2003-W, 2004-W, 2005-W, 2006-W and 2007-W
Bullion ( no mint mark) - 1986 through 2007
There is also the 2007-W Burnished Silver Eagle, which looks like the Bullion one but with the W mintmark and the Anniversary Set from 2006.

Hope that helps, and if I'm missing any, please add them.
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Conder101's Avatar
United States
17884 Posts
 Posted 12/18/2007  10:32 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
From 1986 to 1999 the mint made unc silver eagles with no mint mark at various mints. These were the coins sold to distributors.

From 2000 to date the mint has made unc silver eagles with no mintmark at West Point. These were the coins sold to distributors. (75,000 of the year 2000 coins were included in the Milennium sets. These are the only non mintmarks Uncs ever sold directly to the public. Unless the new dollar coin set that hey just started selling doesn't have a mintmark. I don't know, I haven't checked.)

From 1986 to 1992 they made proof coins at san Francisco with an S mintmark.

From 1993 to 2000 they made proof coins at Philadelphia with a P mintmark.

In 1995 they made a special proof coin with a W mintmark to mark the tenth year of production. 30,125 of these were sold with the gold proof coins of this year.

From 2001 to date they have made proof coins in West point with a W mintmark.

in 2006 and 2007 they have made an unc W mintmarked coin to sell directly to collectors. The 2006 was supposed to mark the twentieth year of production.

Also in 2006 they made a reverse proof in Philadelphia with a P mintmark. this was only included as part of a three coin set marking the twentieth year of production
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SA4H's Avatar
United States
2764 Posts
 Posted 12/18/2007  2:25 pm  Show Profile   Bookmark this reply Add SA4H to your friends list Get a Link to this Reply
I learn something new. Thanks for sharing
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