American Eagle Silver Dollar 1992

It's a regular strike, not a proof.

The '92 was my first purchase of an American Silver Eagle. I have a pair of the 1992 ASE coins with a large strike through on the obverse of each coin. They were found with 6 others in the same roll by a coin dealer in Dallas, TX back in '92.

Here's a search link for the coins sold on ebay. https://www.ebay.com/sch/i.html?_nk...=1&LH_Sold=1

How the heck did that happen
I removed the link.
John1

It seems the coin's value considerably increases when with this type of after market packaging and CAO. It was not done by the mint. No bullion eagles were or are sold directly to the public by the US mint. I checked ebay and saw one sell for $115 and another for $58 with box that was not in mint condition. It seems to be way rarer than the proof with an after market box, as the only one listed currently on ebay is $80. There are dozens of proof eagles from 1992 in original box listed. Probably most threw out the green box. Here is a photo of mine.

@VanNomadCoins: As others have mentioned in the original thread, the coin shown is a common bullion piece that a third-party marketer "dressed up" in a fancy package. The packaging might be relatively "rare" but the coin certainly isn't!

As previously mentioned, the 1992 bullion coin's mintage was 5.54 million; the 1992 Proof ASE had a mintage of ~498,500 - less than 1/10th of the mintage of the bullion version.

Third-party re-packaging materials aren't typically worth much of a premium for modern coins.

Anyone paying that much for this ASE fall directly into two categories. Those who understand what it is and those who don't.
People who do know what it is are evidently into collecting bullion that the aftermarket sellers sold as a keepsake or gift. If that's what they're in to, who is anyone to tell them they shouldn't. I've purchased bonafide US Mint sets that are worth way less than any sane person would normally pay, because it's a hobby. It's not always going to earn you money. That's the one attitude I really hate, is people trying to make money in metals, which you absolutely can do, and trying to tell someone how dumb they are because they spend money on their hobby. I remember my dad griping about me spending every dollar I made on an old car. My mom told him at least I have something to show for it, he could be blowing it all in bars (she had several alcoholics in her family).
The other person who works spend this much on a bullion ASE is just someone for some reason has no idea what they are looking at, sees the green box and thinks it's something special.

That's the problem with using the term "burnished". There's nothing official really (from the mint) about "burnished". Usually people refer to the official term "Uncirculated" as burnished. I'm talking about the finish that the mint introduced on silver and gold eagles in 2006. They appear very similar to what this coin is, "bullion". BUT they have a mint mark, AND are sold to individuals. The bullion versions are NOT sold to the public, only to authorized purchasers, who can then sell them to the public.
Anyways, the upshot is the ASE shown is bullion."Burnished" to most people is the "Uncirculated" and it's not that due to the year it was made and lack of a mint mark.

There was a Time ,


The Term was UNCIRCULATED........

Well stated Celtic ....

To me they make an Uncirculated finish Bullion, Not a Burnished Bullion..

They also make an Uncirculated version of Mint marked coins.