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2012 Sae's Uncirculated Vs Bullion

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mwr1550's Avatar
United States
193 Posts
 Posted 08/14/2012  09:18 am Show Profile   Bookmark this topic Add mwr1550 to your friends list Get a Link to this Message Number of Subscribers
What is the big difference between the uncirculated SAE's and the bullion coins?
I just got notified that my subscription to the uncirc eagle has been filled for $47 bucks but I've had several bullion eagles for months now fro alot less.
Is it worth keeping the subscription going?
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muddler's Avatar
United States
7189 Posts
 Posted 08/14/2012  09:26 am  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
If you are a set collector yes. This uncirculated 2012 will have a "w" mint mark where your others will have no mint mark.
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Morgans Dad's Avatar
United States
5606 Posts
 Posted 08/14/2012  09:44 am  Show Profile   Bookmark this reply Add Morgans Dad to your friends list Get a Link to this Reply
The collectors version as the W mint mark is known, is another animal, as far as collecting goes, the bullion silver is just that, a round silver 1 oz puck, the W mint marked silver round is a collectors version of the same. It will all make you dizzy....... Enjoy the hobby!
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basebal21's Avatar
13014 Posts
 Posted 08/14/2012  10:54 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Its worth it if you like them. Like others have said the bullion holds no value other than its silver value while the w versions holds a premium on top of that
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 08/14/2012  11:28 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
2011 bullion mintage around 40 MILLION

2011 burnished W mintage around 400 THOUSAND
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Bizybackson's Avatar
United States
1817 Posts
 Posted 08/14/2012  1:22 pm  Show Profile   Bookmark this reply Add Bizybackson to your friends list Get a Link to this Reply
Foxwoods has it right, the coin ratio will end up to be 100:1 bullion vs. uncirculated. So the $13-$14 premium per uncirculated coin is absolutely worth it, IMO.
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starbuxinvestor's Avatar
United Kingdom
616 Posts
 Posted 08/14/2012  1:52 pm  Show Profile   Bookmark this reply Add starbuxinvestor to your friends list Get a Link to this Reply
Can any post a picture of the W mint mark?
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clairhardesty's Avatar
United States
1027 Posts
 Posted 08/14/2012  2:12 pm  Show Profile   Bookmark this reply Add clairhardesty to your friends list Get a Link to this Reply
Here is the 2012 Uncirculated ASE. In addition to the mint mark, the uncirculated coins are struck on planchets made from burnished blanks. The burnishing significantly reduces surface defects and extends die life. The die are vapor sandblasted and hardened and the coins are struck with higher force than that used for bullion strikes. They are individually handled and packaged after striking. Far fewer coins are struck with uncirculated die than are with bullion die, making for less variation between first and last struck.

2012-Sae's-Uncirculated-Vs-Bullion
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clairhardesty's Avatar
United States
1027 Posts
 Posted 08/14/2012  2:37 pm  Show Profile   Bookmark this reply Add clairhardesty to your friends list Get a Link to this Reply
Here is a comparison of bullion vs. uncirculated in close up. The bullion coin (on top) exhibits less detail (a result of the lower strike force) and the uncirculated coin appears darker (exact same setup, images taken seconds apart with same lighting, aperture, and exposure settings) because the vapor sandblasting of the die makes the coin surface rougher at the microscopic level, resulting in better scattering of the incident light and making less light reach the camera lens. When we look at the coins side by side, they look the same because our brain messes with what we see. These images are of coins from a 2011 anniversary set.

2012-Sae's-Uncirculated-Vs-Bullion
Edited by clairhardesty
08/14/2012 2:37 pm
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 08/14/2012  2:37 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply

Quote:

Can any post a picture of the W mint mark?


W

Sorry...had to do it
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clairhardesty's Avatar
United States
1027 Posts
 Posted 08/14/2012  2:38 pm  Show Profile   Bookmark this reply Add clairhardesty to your friends list Get a Link to this Reply
FWM, is that image to scale?
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ghostrider's Avatar
United States
1116 Posts
 Posted 08/19/2012  01:40 am  Show Profile   Bookmark this reply Add ghostrider to your friends list Get a Link to this Reply
To my recollection mintage of the uncirculated coin is less that the proof. I may be wrong. So in time the uncirculated ASE could be worth more than the proof. IMO.
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basebal21's Avatar
13014 Posts
 Posted 08/19/2012  02:09 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
As far as I know the uncir usually have a lower mintage for these, I think thats true for most coins, but the proofs still have the higher prices for now
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 08/19/2012  08:32 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
That is true and I've never been able to figure it out....maybe the proof collector base is stronger....or maybe it's just because they are prettier
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basebal21's Avatar
13014 Posts
 Posted 08/19/2012  3:06 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
It really is rather odd. Youd think at least some of the early coins would see that starting to adjust itself, but I suspect you nailed it on the head and their are more proof collectors. The similarities in look between the uncir and bullion probably leads a lot of people to believe that the proof is the lowest minted
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mwr1550's Avatar
United States
193 Posts
 Posted 08/20/2012  3:17 pm  Show Profile   Bookmark this reply Add mwr1550 to your friends list Get a Link to this Reply
I got my uncirc last Thursday. To my dismay it had a huge scratch or mark of some kind on the obverse just to the right of liberty. To make matters worse the return form looked like it had jammed up in the printer so the side where you list the reason for return was obliterated.
Ticks me of that they would have a problem like this. Where is their quality control? With such a low mintage there should be no reason for it.
Sent it back anyway with a letter detailing my feelings on the matter.
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