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 Replies: 22 / Views: 2,731 |
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New Member
United States
38 Posts |
Hi Guys,
What do you think a good price is to pay for ASEs?
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Bedrock of the Community
United States
11951 Posts |
My local coin shop sells them for $44.00 each. And sell them about as fast as they come in.
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New Member
 United States
38 Posts |
I was thinking about $45 is ok. Any specific year(s) that are more sought after?
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Bedrock of the Community
United States
11951 Posts |
Before silver got as high as it is now the 1996 was selling a little higher than other years. I have also seen the 1997 sell a little higher but not as much as the 1996. The 1997 was the last I purchased to complete my ASE Dansco, I think at that time I paid a dollar or two more than other ASE's. Of course I hope we are talking about bullion ( no mint mark) ASE's. Burnished and proof versions have completely different pricing. |
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Pillar of the Community
United States
1817 Posts |
$3.00 + spot at a dealer is a low markup, generally, most dealers I know of charge between $4-$5 plus spot, so around $45.00 is about right.
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Pillar of the Community
United States
1064 Posts |
My local dealer gets $45, and he can't keep them in stock, says he has customers waiting!
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Pillar of the Community
United States
5861 Posts |
Pardon my ignorance, but what were these selling for back before silver got all crazy?
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Pillar of the Community
United States
5854 Posts |
I remember back in 2003 when I started collecting, they were selling for around $7-9 each. That was when silver was around $4.5-5/oz.
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Pillar of the Community
United States
1817 Posts |
In 1996 they were about $6 or $7 each. Back then, the large coin wholesaler I dealt with, gave one free with every $100 spent, eventually I acquired a full roll of '96s from them. Every year since I have bought a roll of 20, who knew silver wasn't always going be the orphaned red headed step child to gold?
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Pillar of the Community
United States
836 Posts |
Wow that is cheap. I got my first two back in October for $20 each which was a few bucks above melt at the time and though I got a steal looking back.
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Pillar of the Community
United States
5861 Posts |
All right, so if silver ever crashes back down to $5/oz, I guess these won't be holding their value so well. How about the proofs? I see those selling for $69-99 on ebay these days, but have no idea how much they were selling for back when silver was cheap. Edited by barryg
08/16/2011 3:52 pm
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Pillar of the Community
United States
5854 Posts |
I remember the proofs selling for about $25-30 for the common dates back in 2003.
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Pillar of the Community
United States
5861 Posts |
Thanks. So it seems like most of the value, regardless of what type you buy, is tied up in the silver content. Which, I suppose, is the whole point, since they are being sold as bullion coins after all...
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New Member
United States
38 Posts |
So are ASEs bullion or actual coins? Also, I see proofs all over ebay. What's the difference? |
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New Member
Korea, Republic Of
20 Posts |
So its hard to say that this coin sold for that price and this one will sale for that. Since I've been collecting eagles (around 2004) they have always sold for $3-7 over spot for bullion. As for Proofs that all depends on who wants it and the year; Graded or in mint packaging, and who graded it all have a huge impact on the price. If you would like to know more or to elaborate a little shoot me a PM. I tend to go on forever about eagles since they are my #2 collection behind Proof Franklins from 1950-1963.
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New Member
Korea, Republic Of
20 Posts |
ASE are coins, however the regular mint roll tubes are refered to as bullion because they sale so close to the spot price. Of course for a rare or key date you will pay well over spot plus a premium even though they are mint state. Proofs are mirrored on the coin whereas a regular eagle is in what is called mint state. No special finishes have been addedd once the coin is struck.
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Replies: 22 / Views: 2,731 |
Posted 08/15/2011 11:08 pm
