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2012 American Silver Eagle Pricing Of W Vs S (No Mint Mark)

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New Member

United States
25 Posts
 Posted 12/25/2012  1:42 pm Show Profile   Bookmark this topic Add flynvfr to your friends list Get a Link to this Message Number of Subscribers
I'm confused about the pricing of the 2012 American Silver Eagle. The US Mint has the version from West Point and sells for about $10-$15 more compared to reputable on-line dealers who have the " no mint mark" San Francisco version. What's the deal? I realize dealers get rolls and package them for sale. So there's a level of "extra handling" that doesn't occur with coins from the US Mint. And maybe this could introduce a more inferior coin? Or is there some valuation associated with the West Point mint mark? Thanks.
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IndianGoldEagle's Avatar
United States
36710 Posts
 Posted 12/25/2012  4:03 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
In reality, the S minted coins without mint mark should not command any higher price than any other bullion ASE. The only way to tell it came from San Francisco is if you pull it from a sealed monster box from the mint. Big dealers ship the whole box in to the TPG for slabbing as a S no mint mark coin. They charge a premium to recover their costs and make a little extra.
The W mint marked coins are special collector coins with a burnished surface and sold by the mint to collectors at a premium. Mintages are low on these coins.
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United States
25 Posts
 Posted 12/25/2012  9:19 pm  Show Profile   Bookmark this reply Add flynvfr to your friends list Get a Link to this Reply
Thanks.
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 12/26/2012  07:11 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply

Quote:
The W mint marked coins are special collector coins with a burnished surface and sold by the mint to collectors at a premium. Mintages are low on these coins.


2012 bullion (no MM) coins minted...approx 34 million

2012 W burnished collector Eagle....179,181 (plus 14,072 in the dollar set)

Numbers as of December 17th
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