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Silver Eagle. Fake Or Real

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 Posted 06/29/2023  8:49 pm Show Profile   Bookmark this topic Add rockwind1 to your friends list Get a Link to this Message Number of Subscribers
Any experts out there? I know it's not a great picture, but I took some of these to my local coin shop and they were totally real and I came across this one buried in the roll. Weighs the same
Silver-Eagle.--Fake-Or-Real
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HondoB's Avatar
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 Posted 06/29/2023  10:10 pm  Show Profile   Bookmark this reply Add HondoB to your friends list Get a Link to this Reply
Difficult to make any judgements based on that picture.
Inordinately fascinated by bits of metal with strange markings and figures
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 Posted 06/30/2023  02:31 am  Show Profile   Bookmark this reply Add rockwind1 to your friends list Get a Link to this Reply
I know. Hard pic. Forum only let you load a picture under 300 K bees

It actually turned out fine Tarnish. Silver polish took right off
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BH1964's Avatar
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 Posted 06/30/2023  04:32 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
Looks fine to me. You say the weight is good and have others to compare size wise so I would have no concern.
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John1's Avatar
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 Posted 06/30/2023  07:13 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
rockwind1,
As a general rule...never clean coins especially collectable ones.
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HondoB's Avatar
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 Posted 06/30/2023  3:48 pm  Show Profile   Bookmark this reply Add HondoB to your friends list Get a Link to this Reply

Quote:
Silver polish took right off

Just bullion value now. In the future, use only pure acetone. If that doesn't take it off, leave it there.
Inordinately fascinated by bits of metal with strange markings and figures
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 Posted 07/01/2023  09:01 am  Show Profile   Check Gilly's eBay Listings Bookmark this reply Add Gilly to your friends list Get a Link to this Reply
It's a 2002, so we know it's a bullion, so bullion value was all it was ever going to have.
I have used boiling hot distilled water with a small amount of vinegar and a drop or two of dish soap. If there is anything that won't take off I'll use a cheap but new toothbrush. Don't use a toothbrush that has been used for any other cleaning job, including your teeth. Just buy a 99 cent toothbrush. And then just very very lightly. But yes for the most part, cleaning shouldn't be attempted.
I would only do this to ASEs, and even then if there is really nothing to lose in trying.
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 Posted 07/01/2023  10:21 am  Show Profile   Bookmark this reply Add rockwind1 to your friends list Get a Link to this Reply
@gilly

why is 2002 only bullion? what are the dates that differentiat buillion from a "coin"
thanks for the tip on the vinegar
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 Posted 07/01/2023  10:22 am  Show Profile   Bookmark this reply Add rockwind1 to your friends list Get a Link to this Reply
@john1

thanks, I have learned my lesson, are silver eagles 2002 collectable?
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John1's Avatar
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 Posted 07/01/2023  10:26 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
If you want to collect them,then yes. They were minted as "bullion" coins though.
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 Posted 07/01/2023  11:15 am  Show Profile   Bookmark this reply Add livingwater to your friends list Get a Link to this Reply
The US Mint sells proof and uncirculated (burnished) Silver and Gold Eagles directly to the public which people collect. They come in their own box with certificate of authenticity. The "bullion" coins are much more common, usually millions are made each year, only sold to select wholesale dealers who then sell them to the public. They are legal tender coins with face value of $1 but of course it would be stupid to spend them because their 1 oz silver value is worth much more.

The US Mint calls them "bullion coins." Some just stack them for silver content, not too concerned about condition. Others collect them wanting the best quality examples or graded/slabbed examples. The best will cost more. Silver Eagles and Gold Eagles are both just bullion and collectable coins. Those damaged, scuffed, scratched, ugly toning are considered just bullion, not good enough condition to collect with higher value.

When collecting a series of coins, for example all the years Buffalo nickels were made, there are usually some years with less mintage so those are more valuable. They call these "key dates" or semi key dates.

While bullion Silver Eagles are common, they are popular, their premiums are higher than generic rounds or other nation bullion like Canada Maple Leafs or Britannia.

Be careful who you buy from. There are fake Silver Eagles out there. I usually buy from the well known major online dealers or my local coin store.

https://www.usmint.gov/coins/coin-m...lver-bullion
Edited by livingwater
07/01/2023 11:34 am
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 Posted 07/01/2023  4:10 pm  Show Profile   Check Gilly's eBay Listings Bookmark this reply Add Gilly to your friends list Get a Link to this Reply

Quote:
why is 2002 only bullion? what are the dates that differentiat buillion from a "coin"


With that matte or burnished looking finish (not polished or mirrored finish) would make it a bullion coin. If you check, there is no mint mark.
The Uncirculated aka "burnished" ASE was not released until 2006, so we know from the year it is too early to be one of those. The bullion and Uncirculated look very much alike, no way you'd confuse it with a proof. Further the Uncirculated has a mint mark, and come from the mint in a capsule and a box.
Edited by Gilly
07/01/2023 4:10 pm
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