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Replies: 20 / Views: 5,383 |
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New Member
United States
45 Posts |
A 2016 American Silver Eagle with no mint mark, San Franciso mint?
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Pillar of the Community
United States
7390 Posts |
Bullion coins have no mint mark. They are struck at either San Fran or west point. Unless you are getting it from a sealed monster box you can't be certain. The strap bands identify which mint the box came from. That's why you see bullion american silver eagles stabbed as (w) or (s) because a sealed monster box was submitted for bulk grading
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Pillar of the Community
United States
4901 Posts |
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New Member
 United States
45 Posts |
I'm still a bit confused. The mint website shows 2015 bullion coins with a W stamped on them. This is why I assumed no mark meant a different mint, as San Fran (according to wiki) has been supplementing WP's supply since 2011. http://catalog.usmint.gov/american-...oins#start=1
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Pillar of the Community
United States
7390 Posts |
Those are called "burnished" eagles. They are the mints version of uncirculated with a barely noticeable finish which is why they have a mm. To tell them apart from regular bullion eagles. Kinda in between bullion and proof versions
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Pillar of the Community
United States
1027 Posts |
They call them burnished but the coins themselves really aren't. It is the planchets that have been burnished, thus reducing any surface irregularities and allowing slightly higher strike forces without seriously reducing die life. Proof Coins are similar, only the blanks are highly polished, not because that is what makes the mirror finish on the coin, but because that makes it better and extends die lifetimes. The die for both the uncirculated and proof ASEs are specially hardened and the die for the uncirculated versions have that nice matte finish. You could still make uncirculated and proof coins from unaltered bullion blanks but average quality and die life would suffer. The uncirculated & proof coins are also handled individually, whereas the bullion coins are put into tubes touching each other and then those tubes are put into the monster boxes. The one exception to this that I know of is the bullion coin that was included in the 2011 anniversary set, which was struck at he SF mint and then handled as if it was uncirculated.
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Bedrock of the Community
 United States
12819 Posts |
So, to hopefully clarify things... there are (generally) 3 ASEs produced annually: o Bullion. no mint mark. Not sold through the mint web site but rather through 3rd-party bullion dealers. Investment quality. YMMV but generally available for silver spot + a fee of $4-$6. Try your local bullion dealer or an online PM dealer. o Proof. Mint mark can vary, but there will always be a mint mark. Available directly from the U.S. Mint. Varieties include Reverse Proof and Enhanced Proof, included in various special one-time sets. Includes OGP. o Unciruclated/Burnished. Mint mark can vary, but there will always be a mint mark. Available directly from the U.S. Mint. Includes OGP.
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New Member
 United States
45 Posts |
Thanks for the clarification...wealth of info here.
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Bedrock of the Community
 United States
12819 Posts |
No worries. ASEs tend to be quite confusing due to their split numismatic and bullion nature. Happy to help with additional questions. 
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Valued Member
United States
408 Posts |
I love my American Silver Eagles. It is one of the most beautiful coins ever made.
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Bedrock of the Community
United States
11951 Posts |
Also ... just so you know .. (CelticKnot said it vey well) The mint started making Burnished ASE's in 2006. Before that it was only Proofs and Bullion versions. And .. If the coins were sold through the mint sales, it would come in a box with a COA. Bullion coins .. no mint mark .. no box .. no COA
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Pillar of the Community
United States
4901 Posts |
Bullion coins (not sold direct to the public) come in rolls like this:  which are in "monster" boxes of 500 coins like this:  Burnished coins (W mint mark)sold directly to collectors by the Mint come packaged individually in presentation boxes like this:  Then there are S mint and reverse proofs, and proofs and enhanced finish ASE's but we won't go there yet.. 
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Valued Member
United States
160 Posts |
Quote:Bullion coins have no mint mark. They are struck at either San Fran or west point. Unless you are getting it from a sealed monster box you can't be certain. The strap bands identify which mint the box came from. That's why you see bullion american silver eagles stabbed as (w) or (s) because a sealed monster box was submitted for bulk grading I believe they started identifying whether a "bullion" ASE was struck at San Fran or West Point in 2011. You won't find a "bullion" ASE labeled (S) or (W) 2010 and prior. Also, I don't think San Francisco minted "bullion" ASEs in 2015 or 2016. Again, you won't find 2015(S) or 2016(S) "bullion" ASEs. ***clarification, my original post said "uncirculated" ASEs, I was referring to "bullion" ASEs, corrected it so not to create any confusion***
Edited by JRG 09/19/2016 3:16 pm
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Bedrock of the Community
 United States
12819 Posts |
Quote:I believe they started identifying whether an uncirculated ASE was struck at San Fran or West Point in 2011. You won't find an uncirculated ASE labeled (S) or (W) 2010 and prior. That's not accurate. Again, do not confuse "uncirculated" (also called "burnished") with "bullion". It's easy to do but they are two very distinct products. Uncirculated/burnished have been produced since 2006, except for the years 2009 and 2010. They all have "W" mint marks except for 2011, which has both "W" and "S", the latter ASE only being available in the ASE 25th Anniversary set. Quote: Also, I don't think San Francisco minted uncirculated ASEs in 2015 or 2016. Again, you won't find 2015(S) or 2016(S) uncirculated ASEs. That's correct, but I believe you're referring to bullion ASEs, which is also correct. No bullion, uncirculated, or proof ASEs have been minted at San Francisco since 2014.
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Pillar of the Community
United States
4901 Posts |
He meant "bullion" and not uncirculated...point was appropriate I have no clue why "uncirculated" is often used. I haven't found too many ASE's in circulation 
Edited by Foxwoods Man 09/19/2016 3:54 pm
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Valued Member
United States
160 Posts |
Semantics was never my strong point lol...
If it was up to me, bullion ASEs would be called uncirculated and graded MS##, burnished would be called burnished and graded SP##, and proof called proof and graded PF##
Wouldn't that make more sense?
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Replies: 20 / Views: 5,383 |