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 Replies: 17 / Views: 4,340 |
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Press Manager
 United States
1420 Posts |
CoinWorld - The 2017 American Eagle 1-ounce silver bullion coins have been struck at the West Point, San Francisco, and Philadelphia Mints. In addition, Coin World has learned that the San Francisco and Philadelphia Mints also contributed to the West Point Mint's production of the 2016 American Eagle silver bullion coins. U.S. Mint officials said the San Francisco and Philadelphia Mints were pressed into production of American Eagle silver bullion coins to augment stocking an inventory of the coins before sales began in both January 2016 and 2017. Just how many silver American Eagles were struck at each of the facilities for both years is not being disclosed by U.S. Mint officials. The U.S. Mint reports the sales/production of the American Eagles silver bullion coins as a single, combined figure.  Read the Entire Article
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Pillar of the Community
United States
1254 Posts |
I'm surprised there aren't slabbed examples from TPGs for Philly and SanFran if this is the case.
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Pillar of the Community
United States
3468 Posts |
If someone comes upon a SF/WP labeled Monster Box, you can count on the TPGs listing that on their lables.
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Pillar of the Community
United States
1254 Posts |
So were all of the green monster boxes not marked last year and this year on where they were minted? Or were they all marked as West Point, even though some were from Philly and some were from SanFran?
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Bedrock of the Community
 United States
12815 Posts |
Quote:
I'm surprised there aren't slabbed examples from TPGs for Philly and SanFran if this is the case.  , especially since: Quote:
Coin World has learned that the San Francisco and Philadelphia Mints also contributed to the West Point Mint's production of the 2016 American Eagle silver bullion coins. |
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Pillar of the Community
United States
1254 Posts |
I just read the CW article. It explains that the S and P monster boxes used a generic strap and ship them to WP for distribution. NGC thinks they can determine where they came from according to numbers on the monster boxes. It also states that in late 2014 that 70 K ASEs were minted in Philly for 2015 bullion.
Edited by Teach
02/09/2017 2:06 pm
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Pillar of the Community
United States
4867 Posts |
Why not just use a mint mark instead of these guessing games of figuring out where they came based on the boxes?
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Moderator
United States
187702 Posts |
Because bullion coins do not use mint marks.
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Pillar of the Community
United States
4867 Posts |
Perhaps they should. I have seen them on there before. Why its not a regular thing I don't know.
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Moderator
United States
187702 Posts |
No, because there are mint marks on the collector ASE coins. Bullion coins are not made to be collected, although they are. |
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Pillar of the Community
United States
1254 Posts |
With only 70 K minted in Philly for the 2015 bullion coin it is the second lowest mintage in the ASE series only falling behind by 40 K to the 1995-W proof. Just think you could actually have one, but have no idea that you own one and no way to determine it. |
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Pillar of the Community
United States
4867 Posts |
Nothing against the ASE, I think it's kinda stale. Would be nice to have a number of USA silver 1oz bullion coins to choose from. Canada does that with their maple leaf coins while maintaining the original issue. |
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Bedrock of the Community
United States
12815 Posts |
ASE. "stale." hehe... 30 years is not a particularly long time when it comes to numismatics so it's hard to go stale that quickly!  I do get your point, TheForce, but be careful what you wish for. If all of a sudden there is a reason to collect bullion for something other than its intrinsic value, it no longer IS (strictly) bullion. Collect what and how you want but always know what you're into. It's a free-for-all with some of these other mints stamping out whatever comes into the minds of their employees. ASEs have been true-to-bullion standards for 30 years. Try to get close to what you paid for on some of the other mints' "bullion" issues and you'll be sorely disappointed. You'll pay up to $4 over spot for a bullion ASE but that seems pretty reasonable given the liquidity. For instance. I *know* that the $10 premium I paid for one ounce of 20xx New Zealand silver Turtle whatever is much more than its intrinsic value. Don't care. I bought it never intending to sell. I can tell my accountant that I have it but he'll automatically cut the value by 2/3. Circling back around to your thought/request for more ASE bullion choices... there have been many collectible, non-bullion variants of ASEs issued over the past 30 years (100+). Try those on for size if you're looking to collect. If you're going to stack, then do yourself a favor and stack at the lowest possible premium. [/soapbox] [/apology if/that I misinterpreted things] |
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Pillar of the Community
United States
4867 Posts |
You are right CelticKnot, 30 years isn't really a long time. But the obverse has been used for much longer via the half dollars. I guess that is what makes it stale to me. I have seen that Canada not only issues a regular maple leaf but also other issues along side it like the Birds of Prey, or Canadian Predator series, etc... Even fractional silver as Canada does like a 1/2oz coin and the like. Maybe it's just me that thinks this but why does gold bullion get the BEST designs? How bout a St. Gaudens 1oz silver bullion coin if they are gonna rehash old designs? Or even better a brand new, never used design?
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Bedrock of the Community
United States
12815 Posts |
Quote:
But the obverse has been used for much longer via the half dollars. True; good point. And I do understand where you're coming from. A little variety would indeed be interesting. But it's a fine line.... |
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Pillar of the Community
United States
1254 Posts |
A proof 5 oz ASE puck would be nice..... |
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Replies: 17 / Views: 4,340 |
Posted 02/09/2017 11:49 am
