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2016 American Silver Eagle Mint

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New Member

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 Posted 09/17/2016  2:23 pm Show Profile   Bookmark this topic Add Reichpapers to your friends list Get a Link to this Message Number of Subscribers
A 2016 American Silver Eagle with no mint mark, San Franciso mint?
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Cascade's Avatar
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 Posted 09/17/2016  2:36 pm  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
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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Foxwoods Man's Avatar
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 Posted 09/17/2016  2:42 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
New Member
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 Posted 09/17/2016  8:05 pm  Show Profile   Bookmark this reply Add Reichpapers to your friends list Get a Link to this Reply
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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Cascade's Avatar
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 Posted 09/17/2016  8:21 pm  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
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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clairhardesty's Avatar
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 Posted 09/17/2016  10:39 pm  Show Profile   Bookmark this reply Add clairhardesty to your friends list Get a Link to this Reply
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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CelticKnot's Avatar
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 Posted 09/17/2016  11:09 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
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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 Posted 09/17/2016  11:29 pm  Show Profile   Bookmark this reply Add Reichpapers to your friends list Get a Link to this Reply
Thanks for the clarification...wealth of info here.
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CelticKnot's Avatar
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 Posted 09/18/2016  01:40 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
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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joeysanders627's Avatar
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 Posted 09/18/2016  04:05 am  Show Profile   Bookmark this reply Add joeysanders627 to your friends list Get a Link to this Reply
I love my American Silver Eagles. It is one of the most beautiful coins ever made.
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GR58's Avatar
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 Posted 09/18/2016  06:50 am  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
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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Foxwoods Man's Avatar
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 Posted 09/18/2016  07:24 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
Bullion coins (not sold direct to the public) come in rolls like this:

2016-American-Silver-Eagle-Mint

which are in "monster" boxes of 500 coins like this:

2016-American-Silver-Eagle-Mint

Burnished coins (W mint mark)sold directly to collectors by the Mint come packaged individually in presentation boxes like this:

2016-American-Silver-Eagle-Mint

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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United States
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 Posted 09/19/2016  12:40 pm  Show Profile   Bookmark this reply Add JRG to your friends list Get a Link to this Reply

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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CelticKnot's Avatar
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 Posted 09/19/2016  1:53 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply

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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Foxwoods Man's Avatar
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 Posted 09/19/2016  3:51 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
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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 Posted 09/19/2016  4:30 pm  Show Profile   Bookmark this reply Add JRG to your friends list Get a Link to this Reply
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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