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"Miles Standish" "West Point" Silver Eagle, PCGS MS-70

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pristine2's Avatar
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 Posted 09/12/2015  1:00 pm Show Profile   Bookmark this topic Add pristine2 to your friends list Get a Link to this Message Number of Subscribers
I recently bought a 2015 silver eagle from an ebay seller for about $50.

The PCGS label says "West Point" and "Miles Standish" on the obverse. The reverse label says 2015, $1, PCGS MS70, Silver Eagle, First Strike.

Although the label says "West Point", there's no mint mark on the coin, meaning it must have been minted in Philadelphia.

What is going on?

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Cascade's Avatar
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 Posted 09/12/2015  1:25 pm  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
So there's no W on the reverse to the left of the eagles leg? Can you post a link to the listing
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pristine2's Avatar
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 Posted 09/12/2015  2:03 pm  Show Profile   Bookmark this reply Add pristine2 to your friends list Get a Link to this Reply
That's right, no mint mark.

Here's the listing. The label clearly says "West Point", but the date on the label is 2015, not 2015-w.

http://www.ebay.com/itm/39124846449...RK:MEBIDX:IT
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CelticKnot's Avatar
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 Posted 09/12/2015  2:11 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
ASEs are generally no longer minted in Philadelphia except for special releases like the 20th and 25th anniversary sets, and those particular issues are Reverse Proofs). They're currently minted at San Francisco and West Point.

Yours is a bullion Eagle and perhaps somehow they were able to certify that it was minted at West Point... maybe it came out of a Monster Box, which would have the West Point designation.

(BTW, looks like there might be some toning on the front? Or is that just the lighting?)
Edited by CelticKnot
09/12/2015 2:17 pm
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Cascade's Avatar
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 Posted 09/12/2015  2:14 pm  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
Well here's something I didn't know but it looks like starting this year they are ONLY struck at WP...

http://www.coinworld.com/news/silve...t-mint.html#
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CelticKnot's Avatar
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 Posted 09/12/2015  2:18 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Oooh, good catch Cascade. I've edited my post slightly above.
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Cascade's Avatar
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 Posted 09/12/2015  3:37 pm  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
I know right. I wonder how many other people are gonna chime who didn't know either.
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BStrauss3's Avatar
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 Posted 09/12/2015  4:33 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
I believe I've read that the coins were struck in Philly as OVERFLOW for one of the recent years, not only using dies w/o mintmarks, but also monster box bands saying West Point!
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CelticKnot's Avatar
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 Posted 09/12/2015  6:28 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Got a reference for that, BStrauss3?
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pristine2's Avatar
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 Posted 09/12/2015  8:41 pm  Show Profile   Bookmark this reply Add pristine2 to your friends list Get a Link to this Reply
So the answer is ... West Point is producing bullion coins with no mint mark? Seems awful strange. I have 2015 eagles I got from the mint that have the "W" mint mark, but they were sold as "uncirculated" rather than bullion pieces.
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Conder101's Avatar
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 Posted 09/13/2015  12:33 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Before 2001 all the bullion eagles were struck in Philadelphia. Since 2001 in general they have all been struck at West Point. Starting in 2011 some have been struck at San Francisco. No matter where they were struck NONE of the bullion eagles have carried a mintmark. That was why when the started striking them in San Francisco in 2011 we started seeing slabs with (W) and (S) on them. Because the only way you could tell where they were made was from the strapping bands on the green monster boxes. When people submitted unopened monster boxes the TPG would indicate which mint they came from based on the box strap.
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pristine2's Avatar
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 Posted 09/13/2015  12:56 am  Show Profile   Bookmark this reply Add pristine2 to your friends list Get a Link to this Reply
Of course the "uncirculated" (as opposed to the "bullion") eagles do have mint marks -- "w" and "s".

I'm looking as hard as I can at my 2015-w "uncirculated" eagle I got from the mint, and this 2015 "west point" no-mint-mark bullion piece. As far as I can tell they are identically struck, with no difference in luster or surface quality.

Go figure.
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Reno32's Avatar
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 Posted 09/13/2015  01:08 am  Show Profile   Bookmark this reply Add Reno32 to your friends list Get a Link to this Reply
i have 2 west point 2015 Proof and Uncirculated American Eagle,now I want the one that don't have the mint mark that they didn't sale on the US Mint.but the one I was getting under Product Specifications it only say it from the US Mint and Bullion, Uncirculated.
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Foxwoods Man's Avatar
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 Posted 09/13/2015  10:35 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply

Quote:
now I want the one that don't have the mint mark that they didn't sale on the US Mint.but the one I was getting under Product Specifications it only say it from the US Mint and Bullion, Uncirculated.


Reno32..you just need to buy a regular bullion ASE like this..not expensive

http://www.ebay.com/itm/2015-1-Amer...em1a05cda842
Edited by Foxwoods Man
09/13/2015 10:36 am
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CelticKnot's Avatar
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 Posted 09/13/2015  12:41 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
There still seems to be some confusion, so let's see if we can set this straight. There are two types of ASEs available:

1. Bullion - these are NOT available directly from the US Mint. They are only sold to Authorized Purchasers and distributed through bullion dealers. They don't bear a mint mark and since 2001 are minted at West Point or San Francisco (although as of 2015 they are only minted at West Point per the article referenced above).

2. Collector/Numismatic - these are proof and uncirculated issues and are available directly from the U.S. Mint to collectors. They will have a mint mark of W, P, or S.

Bottom line - if it has no mint mark, it's bullion. If it has a mint mark, it's either proof or uncirculated.
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Cascade's Avatar
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 Posted 09/13/2015  2:32 pm  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
Just like the pucks
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