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ASE - Proof V. Uncirculated

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Valued Member
Neffchiro's Avatar
United States
55 Posts
 Posted 01/30/2008  5:26 pm Show Profile   Bookmark this topic Add Neffchiro to your friends list Get a Link to this Message Number of Subscribers
For those who have begun an ASE collection, do you prefer proofs or uncirculated or both?

They have the same amount of silver, so from a melt standpoint the value is identical, correct?

From a collectors standpoint, the proof is more valuable?

Brandon
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Bilbo's Avatar
United States
812 Posts
 Posted 01/30/2008  5:45 pm  Show Profile   Bookmark this reply Add Bilbo to your friends list Get a Link to this Reply
Generally speaking, yes.

The more valuable Eagles are typically the ones with the lower mintages, which are almost always the Proofs. One exception is the 2006-W. The low mintage of those uncirculated anniversary Eagles puts its value higher than most Proof Eagles.
Valued Member
jbakic's Avatar
United States
251 Posts
 Posted 01/30/2008  5:51 pm  Show Profile   Bookmark this reply Add jbakic to your friends list Get a Link to this Reply
I love em both, I have a complete set of the uncirculated, and just the 2007 and 2008 proof. Generally, prices tend a bit higher on the proofs.
Valued Member
United States
439 Posts
 Posted 01/30/2008  7:14 pm  Show Profile   Bookmark this reply Add TSOTL to your friends list Get a Link to this Reply
Personally, I think the proofs look a lot sharper than the uncirculated but I think that about any coin. The frost against the mirror fields just makes for a much better looking coin IMHO. The uncirculated ASEs are a sharp looking coin and a set of them will cost you quite a bit less than a set of the proofs but you just have to work all the pluses and minuses out for yourself.

Yes, the same amount of silver in both.

And yes, the proofs are more valuable. They take all kinds of pains to make proofs (ASEs or any other kind of coin) just to look nice for collectors and they generally don't make nearly as many proofs.
Valued Member
Jdgarst0720's Avatar
United States
259 Posts
 Posted 01/30/2008  8:05 pm  Show Profile   Bookmark this reply Add Jdgarst0720 to your friends list Get a Link to this Reply
By ASE, that refers to Silver Eagles?

I do not know all the coin lingo.

John
Rest in Peace
Gary Burke's Avatar
United States
3730 Posts
 Posted 01/31/2008  02:47 am  Show Profile   Bookmark this reply Add Gary Burke to your friends list Get a Link to this Reply
ASE = American Silver Eagles.

I collect both.

I have a completed uncirculated set, and most, but not all, of the proofs.
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eaglefoot's Avatar
United States
6326 Posts
 Posted 01/31/2008  08:48 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
In 1986 when the ASE's began, I was a junior in High School. I wish I had began a Proof and Uncirculated collection then !! But yeah, the Proof of any coin is a much more beautifully crafted coin with a "mirror-like" finish polished to a high luster. (why did that just make me hungry ? hmmmm.. strange)
The ASE is a beautiful coin whichever way you go however. I heard one member describe it as the modern Morgan silver dollar. Not sure about that, but it's a nice large heavy silver dollar with a great/popular design. I have 6 or 7 of them and wish I had more !
If you like Moderns (and a lot of us do) the American Silver Eagle is a wonderful coin to collect....... go for it ! In Proof or Uncirculated !
Valued Member
Jdgarst0720's Avatar
United States
259 Posts
 Posted 01/31/2008  08:52 am  Show Profile   Bookmark this reply Add Jdgarst0720 to your friends list Get a Link to this Reply
Thanks for filling me in. I have a dollar coin, which is 2003 and has the Walking liberty on the front. Is that the ASE?

Thankx- John
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eaglefoot's Avatar
United States
6326 Posts
 Posted 01/31/2008  08:59 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
Yep....... But it has the "Eagle" on the other side and is referred to as the American Silver Eagle coin. The title "Walking Liberty" isn't referred to when identifying this coin.
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Ralph's Avatar
United States
1582 Posts
 Posted 01/31/2008  1:21 pm  Show Profile   Bookmark this reply Add Ralph to your friends list Get a Link to this Reply
I've a completed set - 1986 thru 2008 - 23 BU - 23 PF, and have them housed in a Dansco 8181 album (all except for the '08 PF - waiting for Dansco to issue an additional page with the dates rather than just a supplememtal page).
Now, some people prefer to keep their Proof ASEs in the original mint packaging because of the retained value of an "untampered with" coin, but my collection is for me, and I like to look at them, pretty much, at the same time, and the album allows me to do that by simply turning a page.
Whether you collect them for their beauty, or for their investment potential, it's still one of the nicest series out there today (my opinion).

Ralph
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Metalman's Avatar
United States
7123 Posts
 Posted 01/31/2008  1:53 pm  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
I like the unc's best ,, I guess the reason why is thats it relatively easy to build a set of high grade proof coins, but the Unc's can vary a great deal in grade and strike quality ,, I collect raw so its a bit more of a challenge to pick and find coins that are high grade for Unc prices .

Metalman
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MLFLY's Avatar
United States
130 Posts
 Posted 01/31/2008  11:29 pm  Show Profile   Bookmark this reply Add MLFLY to your friends list Get a Link to this Reply
I love the proof ASE's and will keep one per year. I prefer those in OGP. The UNC's are great for keeping a date set as they are not expensive and yet very attractive for showing to others - I keep those in a date album.
Valued Member
Neffchiro's Avatar
United States
55 Posts
 Posted 02/02/2008  12:00 pm  Show Profile   Bookmark this reply Add Neffchiro to your friends list Get a Link to this Reply
Well, I started my ASE collection yesterday (at my first coin show, detailed in another topic). I picked up an 07 and 08 and they are gorgeous! I find myself looking at them every few hours (I just have to see them again) and my son is the same way "Dad, can we see the silver ones again?"

Thanks for all the advice.

Brandon
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Ralph's Avatar
United States
1582 Posts
 Posted 02/02/2008  12:11 pm  Show Profile   Bookmark this reply Add Ralph to your friends list Get a Link to this Reply
Brandon, I never tire of looking at my set of ASEs. Should you decide to go the route of UNC and PROOF both, a complete set isn't all that hard on your pocket -except for the mid-90s proof coins, but, over a period of time, they, too, can be had - took me the better part of three years to complete my set - now, it's just a matter of getting the new ones each year when they come out.
My advice - go for it! You'll be happy you did (and I'll bet your son will be too).

Ralph
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ceaton's Avatar
United States
1179 Posts
 Posted 02/02/2008  12:44 pm  Show Profile   Bookmark this reply Add ceaton to your friends list Get a Link to this Reply
I'm looking to start a set of ASE's as well. Of course I cant decide whether or not to just stick to Unc for albums, then buy the proofs in OGP. Or buy an album for both unc and proof. I guess the only reason I hesitate on putting these proofs in an album is the toning possibilty?

Anyone have a full set unc/proofs in a dansco? Any toning or issues yet? I really like to have all my coins in one spot easy to look at.
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Ralph's Avatar
United States
1582 Posts
 Posted 02/02/2008  1:46 pm  Show Profile   Bookmark this reply Add Ralph to your friends list Get a Link to this Reply
creaton, as I stated in an earlier post here, I have all my Eagles in a Dansco 8181 album - I, too, like to look at them at the same time rather than pick up one, look at it, put it back, pick up another.....
As for toning, I have not experienced any - yet. I can't tell you what the long term effects of being in album might be when it comes to the Eagles. Maybe someone else can enlighten you as to any bad experiences they might have had with them, but, for now, mine look as good today as they did when I placed them in the album.
I would point out that, if you do collect the proofs with an eye toward investment, then you would be money ahead to leave them in the original government packaging. However, if you collect them for your own enjoyment, and intend to place them in an album, a word of caution: be very careful when handling them - use gloves, and exert enough pressure to seat them down far enough in the slot so that the plastic insert doesn't scratch them when you reinsert it.

Ralph
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