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 Replies: 32 / Views: 4,062 |
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Pillar of the Community
United States
4901 Posts |
Quote:
Foxwoods, I think that is in made to look almost like the mint aftermarket packaging. That is a Mint COA...1991 |
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Pillar of the Community
United States
5862 Posts |
Maybe there was originally a proof in that box accompanying the COA and the seller simply swapped it for a bullion coin?
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Pillar of the Community
United States
4901 Posts |
From the COA:
"This coin is an uncirculated version of the 1991 American Silver Eagle"
?
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Pillar of the Community
United States
5862 Posts |
Foxwoods Man,
I'm going to second what jgfindring said earlier. After doing some research, I believe that is an aftermarket certificate that somebody whipped up. Note that the "certificate" doesn't actually bear the name and signature of the director of the mint.
Five cents worth of card stock and a spare box, and suddenly a $35 bullion coin is worth $45 or more. Nice work if you can get it, I guess...
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Pillar of the Community
United States
4901 Posts |
I checked with some other collectors and they agree. Those boxes/COA's were privately made and distributed by banks as gift products
Kinda neat in it's own way though....
Edited by Foxwoods Man
02/03/2012 09:54 am
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Bedrock of the Community
United States
12437 Posts |
Quote:
"This coin is an uncirculated version of the 1991 American Silver Eagle"
The terminology used by the Mint is key here. The Eagles without mintmarks are officially called "Silver American Eagle Bullion Coin" while the Mint never used the term Uncirculated until 2006 with the introduction of the W mintmark burnished finish Eagles, "Silver American Eagle Uncirculated Coin". |
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Bedrock of the Community
United States
17884 Posts |
The Mint for a short time did sell the boxes and holders. As mentioned that is not a US Mint COA. The holder could be one the mint sold, or it could be a proof ASE box and holder that is being recycled. |
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Pillar of the Community
United States
1027 Posts |
The mint had not begun using the term "uncirculated" to mean a specially minted coin in 1991. Back then, it still meant a coin that had not circulated yet or in the case of an SAE, one that had not been handled and worn. In 1991, a pristine bullion coin would have been referred to as uncirculated by any collector. I honestly don't know, but it is also possible that some bullion coins were sold at mint or other US government gift shops (national parks, monuments, etc.). Such items would have been sold at slight premiums and may have had special packaging made up for them. The ebay coin is clearly a bullion coin, lacking a mint mark. The original sale price of the 2001 proof SAE was $24 (with silver spot around $5 or $6), I bought two from the mint, order #5,825,106 (most recent order # is 38,732,XXX). In 2004, the price rose to $27.95 then to $29.95 in 2007, $31.95 in 2008, $45.95 in 2010, and in 2011, for the first time ever, the price varied during the year, starting at $59.95 and ending at $58.95 with a peak in between. |
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Pillar of the Community
2224 Posts |
 to CCF  with most of what's been said EXCEPT, the 2001 American Silver Eagle Proof was minted at West Point therefore has the W mint mark, not the P. You should open all the boxes to see exactly what you have. The shipping pckgs have no value but be gentle on the Mint packaging if that is what is inside. Quote:
thanks so much---yes they have a P on the back If they have a P as you say, then they can't be a 2001 ASE proof. Here is a 2001 proof, note the reverse with the W.  Take a photo of the front and back and post it, then we will know exactly what you have.   |
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Pillar of the Community
2224 Posts |
  So, what were they? |
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Bedrock of the Community
United States
14454 Posts |
the two 2001 Proofs I have that I ordered from the mint has the W Mint Mark also. The 2000 proof was minted in Philadelphia but I don't believe there was a P minted Proof again until 2006 and it was the Reverse Proof included in the 20th anniversary set. I think it went from San Fransisco to Philadelphia in 1992 and from Philadelphia to West point in 2001. I don't remember any ASE having a P mint mark in 2001, because the bullion version didn't carry a mint mark, so I would love to see a picture of one of these 2001-P ASE's |
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Rest in Peace
United States
9104 Posts |
, CoinNewbie! If you decide to sell on ebay, remember to charge enuf postage, and figger ebay is going to take 15% off the top. |
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Rest in Peace
United States
9104 Posts |
Quote:after saying (and believing) that the Unc. 1991 was not sold individually by the Mint I find this: http://www.ebay.com/itm/220919628490 They didn't sell them to the public as bullion, they did sell individual pieces at a higher premium. This is gubmint issue. |
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Rest in Peace
United States
9104 Posts |
This thread must hold some sort of record for misinformation. Please, if you're not sure, "I think maybe" isn't helping a thing.  If you want to see what was made, go to http://www.numismedia.com/fmv/price...ices61.shtmlSome have mentioned possibly recycled proof cases. All the proofs I've seen have outer boxes with the design in portrait format (like most books), the uncs sold singly are in outer boxes in landscape format, like:  There are privately packaged uncs, but neither the box nor the COA looks anything like mint packaging:  As far as no signature of the COA, they only show the inside of it in the top pix. It's printed on both sides. Hope this clarifies things.  |
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Pillar of the Community
United States
4901 Posts |
That's why I clarified it over a week ago... Quote:
I checked with some other collectors and they agree. Those boxes/COA's were privately made and distributed by banks as gift products
Kinda neat in it's own way though.... |
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Replies: 32 / Views: 4,062 |
First Page
Posted 02/02/2012 5:55 pm
