2009 Silver Eagle - Coin Community Forum

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Author	Replies: 9 / Views: 1,069
meckl9 Valued Member United States 326 Posts	Posted 03/08/2009 6:38 pm Can someone help me understand this question. It appears to me that there are 2009 Silver Eagles out but not issued from the mint (or at least not on sale from their site). I think the proper term for them is bullion. In speaking with the mint they say anything out now is "fake". That is what the sales girl said. But reputable dealers are selling 2009 coins already. Is it safe to assume there is bullion issues and mint issues for each year? Could someone please elaborate? Report this Post to the Staff

biokemist6 Bedrock of the Community United States 12437 Posts	Posted 03/08/2009 6:47 pm The bullion Eagles are not directly sold to the public by the Mint and they are usually released through their dealer network the first or second week in January, the investment-grade bullion coins are currently the only 2009 Eagles available. The US Mint website only sells the Uncirculated W Eagles and proofs, neither of which have been released yet. Report this Post to the Staff
collect4fun Pillar of the Community United States 1151 Posts	Posted 03/08/2009 6:51 pm My guess is they are available. On ebay right now there are 1,004 listings for 2009 SAE's. Hard to believe that they would all be "fakes". From the US MINT website: Production of United States Mint American Eagle Silver Proof and Uncirculated Coins has been temporarily suspended because of unprecedented demand for American Eagle Silver Bullion Coins. Currently, all available silver bullion blanks are being allocated to the American Eagle Silver Bullion Coin Program, as the United States Mint is required by Public Law 99-61 to produce these coins "in quantities sufficient to meet public demand . . . ." The United States Mint will resume the American Eagle Silver Proof and Uncirculated Coin Programs once sufficient inventories of silver bullion blanks can be acquired to meet market demand for all three American Eagle Silver Coin products. Edited by collect4fun 03/08/2009 6:53 pm Report this Post to the Staff
meckl9 Valued Member United States 326 Posts	Posted 03/08/2009 6:55 pm I would find that many fakes hard to believe as well. I guess they need to teach their staff their entire product line. Report this Post to the Staff
daviscfad Pillar of the Community United States 4541 Posts	Posted 03/08/2009 10:06 pm I would reread what biokemist said! He hit pretty much nailed it. There not fakes there just bullion rounds made by the USmint sold to dealers who sell them to the public Report this Post to the Staff
meckl9 Valued Member United States 326 Posts	Posted 03/08/2009 10:13 pm Does the Dansco holder have spots for bullion, unc. and proof strikes for each year? Report this Post to the Staff
marlouis New Member United States 21 Posts	Posted 03/08/2009 11:18 pm Then that would propose the next question. Would it be better to wait to see what the Mint is selling them for, or go ahead and buy them from a dealer, or maybe find them on ebay? Any help is greatly appreciated. Marlene & Louis Report this Post to the Staff
daviscfad Pillar of the Community United States 4541 Posts	Posted 03/08/2009 11:28 pm try APMEX.com or bulliondirect.com. If you are a high roller then try tulving I think it is. Tulving sells only if you buy a lot I think minimum of 500 ounces in silver. But sometimes they have good prices..I would only use ebay if I was desperate. The Silver on there usually runs out the roof Edited by daviscfad 03/08/2009 11:29 pm Report this Post to the Staff
biokemist6 Bedrock of the Community United States 12437 Posts	Posted 03/08/2009 11:31 pm If it is a product that the Mint sells to the general public, then it is always the least expensive to purchase directly from the Mint- dealers do not get a discount on Mint products so they have to pay the same as you do. The investment-grade bullion Eagles are not directly sold by by the Mint so you will have to purchase them from a secondary source and their price fluctuates with the price of silver. Report this Post to the Staff
wif99 Valued Member United States 377 Posts	Posted 03/09/2009 10:31 am Quote: Would it be better to wait to see what the Mint is selling them for, The American Eagle that is currently available on ebay is the 2009 Bullion Coin and will never be available From the Mint. Each year since 1986 the Mint sells A bullion Eagle to Registered Dealers Only Also Starting in 1986 The Mint then sells a Proof Version through there web site to collectors Starting in 2006 the Mint added an Unc. Version for Collectors (for Sale through their Web site) with a "W" Mint Mark. Currently or at least through 2008 there were 3 versions available (2008 Bullion, 2008W UNC., and 2008W Proof) for 2009 I don't think anyone knows what is going to happen. But hopefully they will eventually receive enough blanks to make UNC. And proof Versions Report this Post to the Staff
	Replies: 9 / Views: 1,069

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