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This Is New To Me Need Your Thoughts

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cuzzx's Avatar
United States
411 Posts
 Posted 05/11/2017  10:10 pm Show Profile   Bookmark this topic Add cuzzx to your friends list Get a Link to this Message Number of Subscribers
Black RUTHENIUM 1 oz Silver 2016 American Eagle U.S. Coin with 24K Golden Enigma

now the 2017 is available

what do you all think about these silver eagles ?
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Crazyb0's Avatar
10197 Posts
 Posted 05/11/2017  10:21 pm  Show Profile   Bookmark this reply Add Crazyb0 to your friends list Get a Link to this Reply
Kinda feel like our northern friends @ RCM making all those crap commemoratives, painted and all, they will just ruin the real coin industry here like in Canada. Leave well enough alone!

Valued Member
cuzzx's Avatar
United States
411 Posts
 Posted 05/11/2017  10:29 pm  Show Profile   Bookmark this reply Add cuzzx to your friends list Get a Link to this Reply
Don't burst my bubble there Crazbo ,
I like but the price is high.
Like I said I have never seen these before.
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commems's Avatar
United States
12274 Posts
 Posted 05/11/2017  11:03 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply
Short Answer: I think that if you like the piece -- and don't have to pay an exorbitant price for it - then go ahead and buy one or two. I wouldn't expect long-term appreciation in value, however, and I wouldn't buy many multiples expecting to resell them at a quick profit. But having one or a few in your collection is a harmless diversion that, IMO, takes nothing away from the rest of your collection.


Long Answer: I am comfortable in saying that I am a "traditional" coin collector and that most of the colorized and otherwise embellished coins being produced today (either by national mints or private mints that customize official coins they purchase in the marketplace) do not appeal to me. Many of them come across as gimmicky to me and thus don't appeal to my mostly traditional approach to collecting. I do, however, have a soft spot for some pieces that feature well-done selective gold plating - I think silver and gold work well together on a coin.

I do have one black ruthenium plated piece with selective gold highlighting in my collection. It is a 2011 silver September 11th medal that was struck by the US Mint and then embellished by a third party. I bought the piece because I like the design of the US Mint medal and I thought the full black ruthenium plating and the added selective gold plating on the medal's design highlights combined to make an attractive piece. I liked it, so I bought it! I enjoy the piece today as much as the day I bought it - no regrets!

I don't believe that these embellished pieces are ruining the hobby or the first signs of "the end." They are just one of many niche components of the overall hobby and they, like many of today's other non-traditional numismatic pieces, have their place. I just caution against viewing them as investment pieces that can serve as the central focus of a collection that will someday yield strong financial returns. Over time, I believe they will be viewed more and more as novelty pieces with market values that trend toward their bullion value rather than enjoying a strong numismatic premium.

Just my thoughts, your mileage may vary!


Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Mark1959's Avatar
7234 Posts
 Posted 05/11/2017  11:04 pm  Show Profile   Bookmark this reply Add Mark1959 to your friends list Get a Link to this Reply
Collect what you like! I'de like to get a few of them just to have something different in my collection!
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Debrajc's Avatar
United States
4211 Posts
 Posted 05/11/2017  11:48 pm  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
@cuzzx...by all means collect what you like.
I work for my hard earned $'s and I am the one that make the decision on what to spend the left overs.
I have bought a few things in my collection for the sole reason that "I liked them". No other reason.
But look for at some auction prices and you will find listings from time to time FAR below the original retail price.
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spru's Avatar
United States
12477 Posts
 Posted 05/12/2017  01:42 am  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply
I believe commems said it best:


Quote:
I don't believe that these embellished pieces are ruining the hobby or the first signs of "the end." They are just one of many niche components of the overall hobby and they, like many of today's other non-traditional numismatic pieces, have their place.


While I don't find colorized coins attractive, I did buy a ten "coin" set of Zombucks in copper because they appealed to me. I believe each one is worth about $0.18 melt and I paid more than that.

But, I like them and they are nice to look at (in some distorted way). So, I'm happy. Who knows? Maybe they will become actual currency...
In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
Edited by spru
05/12/2017 01:43 am
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Coconutjoe's Avatar
United States
1475 Posts
 Posted 05/12/2017  02:04 am  Show Profile   Bookmark this reply Add Coconutjoe to your friends list Get a Link to this Reply
"commems" explained my sentiments perfectly. Extremely well stated.
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CelticKnot's Avatar
United States
12827 Posts
 Posted 05/12/2017  02:05 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
As always, thoughtful and spot-on input from commems, Debrajc and the rest.

After-market pieces are generally sucker plays. Microns-thick plating (and certainly decals!) does not generate value or rarity. If you're looking for investment-quality stuff, stay away.

However, collect what and how you like. Be responsible and selective about how you spend your money and have fun. If it makes you happy, that's what's important. For example I have no problem collecting some of the over-printed $2 United States Park notes but there's no way I would pay what the original retail price was.

There's also something else to consider, and that's our own mortality. Far off as it may be, as I continue to collect, I ask myself... what would my family rather liquidate when I'm worm food? Drums of copper cents and stacks of Mint sets or a few high-end graded coins and notes? Hmmmm.... Not to get too morbid there but it makes me think twice about what I am spending my money on.

Edited by CelticKnot
05/12/2017 02:06 am
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Foxwoods Man's Avatar
United States
4901 Posts
 Posted 05/12/2017  07:12 am  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
As was already mentioned...collect what you like. Not my bag for 70 bucks but they do look cool. Price appreciation should not be in your mind at all so the key word is "collect". Kinda screams "HSN" to me.

...and, for those Groupon fans out there, there is a Groupon available for the 2016

Valued Member
cuzzx's Avatar
United States
411 Posts
 Posted 05/12/2017  8:06 pm  Show Profile   Bookmark this reply Add cuzzx to your friends list Get a Link to this Reply
All of you seem to think like me, but I really do like the look of these.
I collect what I like. I do not collect to resale , not even for investment .

Now the morbid part , I'm 65 with health problems .
My line of thinking is if I make it to 70 that will be awesome .
Just last week I passed out again and had to have emergency people to get me back.
So one thing I talk with my wife about is what to do with my collectibles when I'm gone.

Sorry for all that , just need to get it out sometime .
Valued Member
cuzzx's Avatar
United States
411 Posts
 Posted 05/12/2017  8:45 pm  Show Profile   Bookmark this reply Add cuzzx to your friends list Get a Link to this Reply
OK OK you guys got to me .
I bought this .

This-Is-New-To-Me-Need-Your-Thoughts
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Parklane64's Avatar
United States
2668 Posts
 Posted 05/12/2017  8:57 pm  Show Profile   Bookmark this reply Add Parklane64 to your friends list Get a Link to this Reply
You go, cuzzx! Not that way, I'm at the point that it's the gamble of what will do me in first.

I don't care for colorized coins, but I collect what I like. I like this one.
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CelticKnot's Avatar
United States
12827 Posts
 Posted 05/12/2017  9:01 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
I like it. I'm not normally a colorized coin guy but that's a pretty sharp combo.

Mind telling us what you spent on it? No big deal if you'd rather not.
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spru's Avatar
United States
12477 Posts
 Posted 05/12/2017  11:32 pm  Show Profile   Check spru's eBay Listings Bookmark this reply Add spru to your friends list Get a Link to this Reply
I also like it. When I said "colorized", I meant those that have enamel or whatever as if they were "colorizing" a B&W film. Plating in contrasting metals is a lot better.

It also happens to be the coin that first stood out to me as a kid (I was a drummer boy, too) and I have never lost a fascination with it.
In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
Pillar of the Community
United States
1189 Posts
 Posted 05/12/2017  11:47 pm  Show Profile   Bookmark this reply Add LibertyEagle20 to your friends list Get a Link to this Reply
I had never heard of these until this topic. I looked them up and do think they look pretty cool. However I wouldn't pay much (if any) of a premium for them.
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