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 Replies: 41 / Views: 4,397 |
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Valued Member
United States
102 Posts |
Are they all considered bullion?
Are they worth more in original packaging or in a slab?
In lieu of the second question, should I have mine slabbed?
I can post pictures if anyone wants if that helps anyone answer any of my questions.
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Moderator
 United States
187702 Posts |
You are going to get several confident and different opinions on these questions.
I cannot easily answer the first question, but to the second version of the second I say no. However, that is my opinion.
What is your goal?
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Moderator
United States
16677 Posts |
They are bullion, nothing more. Don't waste your time/money slabbing these.
swcoin.ecrater.com
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Pillar of the Community
United States
4901 Posts |
Quote:
Are they all considered bullion?
Are they worth more in original packaging or in a slab?
In lieu of the second question, should I have mine slabbed? 1) there are bullion and numismatic versions of the ASE's and both have the same silver content 2) there is no "original packaging" (other than a Mint roll) for the bullion version and, for the numismatic version (W) the slabbed 70's are worth more but also cost more due to grading fees...69's will not be profitable 3) Check recent and historical prices and decide from that. If you go the graded route it is probably more cost effective to just buy them graded unless you plan on submitting a bunch. |
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Pillar of the Community
United States
4901 Posts |
Edited by Foxwoods Man
04/29/2015 4:29 pm
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Valued Member
 United States
102 Posts |
OK I'm possibly more confused now. So this isn't original packaging in a sense   It says one dollar so is it a coin, bullion, or both? What makes something bullion? |
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Bedrock of the Community
United States
11951 Posts |
It would be easier to answer your question, if you were
more specific. There are more than one category of silver
Eagles.
If I had to guess at a answer .. Some are, some are not.
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Valued Member
United States
102 Posts |
Fox were you being fecicious? Because those coins didn't sell for just $17 dollars in bullion.
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Bedrock of the Community
United States
11951 Posts |
We posted at the same time.......
When you just titled this post .. Silver Eagle.
Most people think of the basic bullion eagle
They come from the mint in a roll of 20, and buy and sell
based on the spot price of silver.
The one you just posted is a silver proof eagle.
IMO it would be worth more left in the OGP.
It would not be worth grading/slabbing
unless the coin would get a PF/70 grade.
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Valued Member
United States
102 Posts |
Oh man I'm sorry guys I had to redo this thread and forgot to put proof back in there when I retyped it all.. That was my mistake.
Yea I had I think ten rolls maybe eleven of the coins I had you thinking of and sold them when silver was up because they weren't worth more than silver value.
Edited by R1W3D
04/29/2015 5:10 pm
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Pillar of the Community
1153 Posts |
ASE are bullion to me. The proof ASE are collected for numismatic purposes. The W mint ASE are also collected for numismatic purposes but I believe only in MS-70 are they worth much over spot. Just my opinion, like already stated, ASE are collected by some but not others. If you like them, collect them.
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Valued Member
United States
102 Posts |
Well I don't like them honestly but I feel like everyone should own a silver dollar so if one of these would make a decent silver dollar then I'll save it for my son when I feel he's old enough to have one. If its just a whatever silver dollar I'll sell or trade them for other things or coins.
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Pillar of the Community
United States
4901 Posts |
Quote:
Fox were you being fecicious? Because those coins didn't sell for just $17 dollars in bullion. Umm..responding to the generalization of all ASE's as "bullion" Quote:
They are bullion, nothing more. Don't waste your time/money slabbing these. ..and.. Quote:The proof ASE are collected for numismatic purposes. The W mint ASE are also collected for numismatic purposes ..as are the S mint ASE's, the Reverse Proof ASE's and the Enhanced proof ASE's Edited by Foxwoods Man
04/29/2015 5:25 pm
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Valued Member
United States
102 Posts |
Ah alright. I just clicked the links and saw dollars that sold high :)
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Moderator
United States
23522 Posts |
This is the basic conflict between collectors who like bullion NIFC (Not Intended For Circulation) and those who do not. I am one of the latter, and would not pay a premium for these. They are lumps of silver to me. They're officially legal tender, and as such qualify as "Silver Dollars," but I won't refer to them as such except in the technical sense. Others have a very different opinion. Some of those folks are sharper than others, and prices vary widely as a result. You can assume the higher prices you see from sales are being purchased by people pretty much all of us would laugh at. Those knowledgeable people concentrating on these as numismatic items aren't better or worse than me, and respectable members of the hobby. This is a rather sharply drawn line in numismatics, and we kind of like arguing about it every once in a while.  |
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Valued Member
United States
102 Posts |
See now I've found them on ebay for around $50 and I was thinking man that sounds high for a bullion coin. I'll probably trade them at the coin shop or sell them. I'll find a better dollar for my kid at some point. Where on here do I talk about bullion? |
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Replies: 41 / Views: 4,397 |
Posted 04/29/2015 4:02 pm
