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Replies: 31 / Views: 6,094 |
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Bedrock of the Community
 United States
12853 Posts |
That's right... sorry, missed the original question of Kurrykid. The main visually distinguishing factor is the "W" mint mark on the uncirculated burnished vs. no mint mark on the uncirculated bullion. Also, burnished are available directly from the mint and have OGP and COA, while bullion are only available through APs (authorized purchasers) and do not have any fancy OGP.
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Valued Member
United States
455 Posts |
Thanks everyone...I got it now!
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Pillar of the Community
United States
1044 Posts |
Was just thinking of this today. Glad a date was finally posted.
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Pillar of the Community
United States
1027 Posts |
Here is the link to the U.S. Mint's description of the various ASEs: https://www.usmint.gov/mint_program...rican_eaglesBasically, bullion coins are struck with production die at production speeds and forces using blanks straight from the vendors, uncirculated coins are struck with specially prepared and hardened die at lower speeds and greater forces using blanks that have been burnished by the mint, proof and reverse proof coins are struck at least twice with highly polished hardened die at slow speeds and and high forces using blanks that have been mirror polished by the mint. The burnishing and mirror polishing do not create the final finish on the coin, they only make it easier for the die to create the desired finish, reduce defects, and prolong die life.
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Pillar of the Community
United States
1044 Posts |
Quote: This one has unique possibilities and could be a winner Which one are you referring to and what possibilities do you think it can have?
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Valued Member
United States
430 Posts |
I am assuming by "one" they are referring to the burnished ASE that this post is written about. The possibilities that could make it a winner, there is thought that since it is being released in the last month of the year it might be very low mintage-wise and become valuable in the secondary market.
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Pillar of the Community
United States
1027 Posts |
I doubt that the mintage will be "low" in real terms, perhaps in UNC ASE term, but even that probably means 100,000 or more coins (and that really depends how many they get struck by year's end), so they won't be scarce at all. The last year the mint currently shows on their website is 2012 with 198,820 UNC ASEs sold, vs. 832,779 proofs. So far this year they have sold 435,847 proof ASEs.
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Valued Member
United States
467 Posts |
Thanks for the tip clairhardesty
I just signed up for both the burnished and the annual set in enrollment.
Now I don't have to mark my calendar or try to be hanging around the computer those days.
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Pillar of the Community
United States
3546 Posts |
Quote: "burnished"? Using this coin as an example how much additional premium on average does a 'burnished' coin bring in comparison to one that is not burnished? Also are there examples of any coin where burnishing brings down the retail premium?
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Pillar of the Community
 United States
4901 Posts |
Non-"burnished" a.k.a. bullion ASE will usually sell at a set price depending on spot silver. Minimal or zero numismatic value "Burnished" a.k.a. W Mint mark is tied to numismatic demand. I have never seen a bullion ASE sell for near the selling price of a W BUT the W also costs more initially
Edited by Foxwoods Man 11/05/2016 4:14 pm
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Pillar of the Community
United States
1044 Posts |
Any idea what mintage or price will be on these?
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Pillar of the Community
 United States
4901 Posts |
Minted to demand (or until they run out)
Usually around $44.95
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Pillar of the Community
United States
1044 Posts |
Are these burnished ASE's essentially the same as the bullion version but with the "W" mint mark? Same strike? Would have thought the price would be closer to spot than proof. I've never purchased one by itself before. Only with the annual dollar coin set.
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CCF Master Historian of USA Commemoratives
 United States
12311 Posts |
Quote:Are these burnished ASE's essentially the same as the bullion version but with the "W" mint mark? Same strike? No. The burnished Uncirculated ASE has a finish unlike the bullion coin. The finish appears more satiny or matte vs. the more "shiny" appearance of standard bullion coins. The difference is the result of the planchets being polished prior to striking; standard bullion planchets are not polished.
Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Pillar of the Community
 United States
4901 Posts |
Tha Annual Dollar Set is a great way to get your W ASE. Surrounded by the Pres and Sac dollars. I like this set....and this year it could be a low mintage item
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Replies: 31 / Views: 6,094 |