| Author |
Replies: 118 / Views: 6,754 |
|
|
|
Moderator
 United States
187446 Posts |
Quote:I won't be buying anything from the mint this year. My subscriptions are for three each of the three ASE proofs and three of the Silver Proof Set. I will be cancelling all of these subscriptions. These are especially sad times when you are not buying! 
|
|
Pillar of the Community
United States
732 Posts |
Quote:GLB Wrote I won't be buying anything from the mint this year. My subscriptions are for three each of the three ASE proofs and three of the Silver Proof Set. I will be cancelling all of these subscriptions. I wouldn't make any decisions in haste Just think, at one point in time some collectors decided to stop buying ASEs because the price went up too much I did a bing search but could not find the original US Mint price for a 1986 ASEBut I started collecting them in March of 2025 and I was happy to pay $40 - $95 for each coin because I wasn'y paying attention to them when they were less expensive Now, all of the ASEs I bought have a higer melt value then what I paid for for them. I'm sure plenty of collectors are kicking themselves for not buying more at a price they couldn't stomach 20 years ago If I were you I would just cut my subscriptions back to 1, I wouldn't complete pass up on the oppertunity to buy them.
Edited by Boba Debt 01/18/2026 6:04 pm
|
|
Pillar of the Community
United States
1212 Posts |
Quote: I did a bing search but could not find the original US Mint price for a 1986 ASE $21 for a proof. Bullion was the same situation as it's always been, whatever the approved purchasers want to charge. The proof price is in my collection PDF.
|
|
Pillar of the Community
United States
732 Posts |
Quote: Gilly wrote
The proof price is in my collection PDF. When was the first large price jump for ASEs?
|
|
Pillar of the Community
United States
5601 Posts |
I am sorry to see Many are Not going forward with Certain Loved series coins/Medals. To see heavy hitters of The American Silver Eagles Series Like Gary, John and Many others is disappointing . I have been on the Proverbial fence about my collecting adventures for Some time, I have like Many Here, I have come to Far in The ASE series to stop,Also I have worked Extraordinarily Hard collecting and gathering My examples. I too am Financially Limited to a degree, I Will continue The ASE Series and throw in the Towel when I see fit to stop, Being a Full mint marked set is Getting More and More difficult to Have......  Just My opinion . There are Some Awesome collections viewed here Every Single Day, Please do not stop Sharing, This Home away from Home is Awesome !!!! 
|
|
Pillar of the Community
United States
1212 Posts |
Quote: When was the first large price jump for ASEs? Let me see if I can list just the normal proof prices here: 1986-$21 1987 to 1997(!)-$23 1998-2003 +$1, $24 2004-2006-$27.95 2007-$29.95 2008-$31.95 2009-none made 2010 +$14, $45.95 2011, they changed prices 3 times, in order it was: Initially $59.95, then up to $68.45, then down to $58.95 2012- initially $59.95, then down to $54.95 2013-$62.95 2014-$52.95 2015-$48.95 2016 (lettered edge)-$53.95 (wondering if they charged more due to the lettered edge) 2017-$53.95 (I think this was the first year for the 40 coin bulk packs) 2018S-$55.95 2018W-$54.95 2019S&W-$55.95 2020S&W-$73 (note these were advertised as bring the last type 1 ASEs, which ended up not being the case) 2021W type 1-$80 2021S type 2-$80 2021W type 2-$80 End of my list, I need to update it at some point.
|
|
Moderator
 United States
94584 Posts |
thanks for that list of historical prices.
|
|
Bedrock of the Community
 United States
25541 Posts |
Quote: These are especially sad times when you are not buying! I hear what you're saying, jbuck. I've mentioned before that the ASE is what started my silver coin collection and I now have hundreds. But, a $78 per coin increase from 2025 is just not acceptable. As you know I require three of each coin so instead of two proofs and an uncirculated I need six proofs and three uncirculated. When you do the math I just can't justify spending that much.
My American Silver Eagle collection http://goccf.com/t/448125My random silver coin collection http://goccf.com/t/449270
|
|
Pillar of the Community
United States
732 Posts |
Quote: GLB49 wrote When you do the math I just can't justify spending that much And if silver is $200 an ounce in 3 years will you regret not buying these? I researched how much I spent since last February on ASEs and modern Peace/Morgan dollars and I have spent $2404 on 27 coins - 8 dollars and 19 ASEs The spot on silver today is $93 so the full spot value of my collection is $2406 I'm sure that the coins you buy this year will be worth more in a couple years
|
|
Bedrock of the Community
 United States
25541 Posts |
Quote: And if silver is $200 an ounce in 3 years will you regret not buying these? No, I will not regret it. It should not cost $80 to turn a 1 oz piece of silver into an ASE proof. I'm tired of the mint's high prices. I'm not going to pay their profit and have to wait three years to get my money back.
My American Silver Eagle collection http://goccf.com/t/448125My random silver coin collection http://goccf.com/t/449270
|
|
Bedrock of the Community
 United States
10470 Posts |
Quote: I researched how much I spent since last February on ASEs and modern Peace/Morgan dollars and I have spent $2404 on 27 coins - 8 dollars and 19 ASEs
The spot on silver today is $93 so the full spot value of my collection is $2406 Just remember - until you have sold them then all you have done so far is spend $2404.
|
|
Pillar of the Community
United States
732 Posts |
Quote: Marv65 wrote
Just remember - until you have sold them then all you have done so far is spend $2404. I don't collect coins as an investment, I just collect what I like and most are metal related - coins, meteorites, guns, etc. Even my 1/72 scale military airplanes and 1/24th scale Batmobiles are die cast. I was just offering a perspective that some people might be missing on this entire price increase situation. Most were fine with paying a higher percentage of profit even when the price was $105 for the 250th anniversary Military ASEs. But now it just feels like it's worse, even though the profit margin is smaller, so they seem to be throwing in the towel. Recently I was very disappointed that the mint discontinued the Proof AI Dollars. I didn't give up on collecting, I just decided to go with the Reverse Proofs and bought all of the sets. Sometimes the things you love to collect can break your heart but, IMO, this price hike doesn't rise to that level for me. To be honest, I haven't been this excited about collecting coins in a long time. I'm 58, so these Semiquincentennial coins should be the last annually celebrated set in my life time, unless I make it 108. I'm looking forward to the all of the new designs and I'm really looking forward to the Enhanced Uncirculated Peace and Morgan dollarsMy advice to anyone that want's to cancel their subscriptions - WAIT You don't have to cancel it today, you can wait until it's time to confirm the order.
Edited by Boba Debt 01/19/2026 01:59 am
|
|
Bedrock of the Community
 United States
25541 Posts |
Quote: guns, etc. Guns are a lot of fun to collect and even more fun to shoot. I stopped collecting when my safe got full and I didn't have room for another one. I'm especially fond of revolvers.
|
|
Pillar of the Community
United States
5601 Posts |
Gary Stated: Quote " I'm especially fond of revolvers. " Always be Prepared, ......... 
|
|
Bedrock of the Community
 United States
25541 Posts |
Good morning, Mike. Revolvers are very reliable so they are a good choice for home defense. But back to the topic. I'm not happy about my decision to stop buying ASEs but I'm just not going to pay these prices. It should not cost $80 to produce a coin. Also, the mint is charging the same high prices for ASEs going back to 2022. Are they just taking advantage of ASE collectors?
|
| |
Replies: 118 / Views: 6,754 |