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Silver Proof Eagle Price

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cfibaker's Avatar
United States
46 Posts
 Posted 08/21/2011  7:52 pm Show Profile   Bookmark this topic Add cfibaker to your friends list Get a Link to this Message Number of Subscribers


I just went through my records of the Silver Proof American Eagles I bought over the last few years at the U.S. Mint.

2005/2006 I paid $27.95 each.

At the time I thought about buying them in 10 or 20 coin orders and scrapped the thought because at the time $27.95 was steep for these things. I didn't buy any for a few years until recently, when I paid $59.95

Yes, I will stop crying, soon... maybe...

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southsav's Avatar
2224 Posts
 Posted 08/21/2011  8:32 pm  Show Profile   Bookmark this reply Add southsav to your friends list Get a Link to this Reply
We could all say the same thing at one time or another.
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DNA's Avatar
United States
2734 Posts
 Posted 08/21/2011  8:41 pm  Show Profile   Bookmark this reply Add DNA to your friends list Get a Link to this Reply
Actually, now that all ASE's are above $45 (silver @ $43.60 as of time of this post),
2011 Proof ASE's from the Mint for $59.95 each doesn't seem that bad.
I mean, if I'm going to have to pay $50+ to get any ASE, it may as well be a newly-minted Proof.

Quote:
I will stop crying, soon

The people who are crying right now are the people who don't have any ASE's.
Edited by DNA
08/21/2011 8:48 pm
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LTMets44's Avatar
United States
580 Posts
 Posted 08/21/2011  9:06 pm  Show Profile   Bookmark this reply Add LTMets44 to your friends list Get a Link to this Reply
So on APMEX they are selling a 1986 ASE for $58.75. I'm guessing that's a pretty good price?
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 08/22/2011  03:37 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
cfibaker
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 08/22/2011  03:50 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
APMEX is BU, not proof.
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cfibaker's Avatar
United States
46 Posts
 Posted 08/22/2011  10:22 am  Show Profile   Bookmark this reply Add cfibaker to your friends list Get a Link to this Reply
Probably a bad time to be buying. It's certainly a sellers market right now, as people cash in on the hype. ebay seems a good way over spot and paying $58+ for an ounce of silver may be a good way to tie up some serious cash for a long time.

I am not feeling crazy enough to keep playing.
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biggfredd's Avatar
United States
9104 Posts
 Posted 08/22/2011  6:58 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
How crazy do you feel?
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cfibaker's Avatar
United States
46 Posts
 Posted 08/22/2011  8:30 pm  Show Profile   Bookmark this reply Add cfibaker to your friends list Get a Link to this Reply
Lately... uhmmm... rather very crazy....

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biggfredd's Avatar
United States
9104 Posts
 Posted 08/23/2011  04:05 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
I used to say that coin collectors are crazy to pay thousands of dollars for something as small as a mintmark.

Then I realized I depended on them for my living.
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DNA's Avatar
United States
2734 Posts
 Posted 08/24/2011  8:18 pm  Show Profile   Bookmark this reply Add DNA to your friends list Get a Link to this Reply

Quote:
I used to say that coin collectors are crazy to pay thousands
of dollars for something as small as a mintmark.

Then I realized I depended on them for my living.


Best. Post. Ever!


==============================

Quote:
paying $58+ for an ounce of silver

When all is said and done, that "$58" is just pieces of paper.
More of it, perhaps, but still paper...
Edited by DNA
08/24/2011 8:28 pm
New Member
cfibaker's Avatar
United States
46 Posts
 Posted 08/24/2011  8:57 pm  Show Profile   Bookmark this reply Add cfibaker to your friends list Get a Link to this Reply
American Proof Eagles suspended due to price increases... LOL!
Bedrock of the Community
United States
20753 Posts
 Posted 08/25/2011  11:21 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
I just wonder what will happen to all those prices if Silver should drop again. It happened before so could happen again.
Valued Member
coinut's Avatar
United States
362 Posts
 Posted 08/25/2011  2:47 pm  Show Profile   Bookmark this reply Add coinut to your friends list Get a Link to this Reply
From what I know most people who buy the Proof ASE do so because they like to collect them and not for bullion so any drop in price won't hurt unless you bought a LOT of proofs now and they drop like $20+, then I guess a little cry could be in order. but, that's how it goes in coin collecting.Also, if silver DOES drop substantially then it will only help those of us that collect them as the price for ASE will come down.
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cfibaker's Avatar
United States
46 Posts
 Posted 08/27/2011  11:29 am  Show Profile   Bookmark this reply Add cfibaker to your friends list Get a Link to this Reply
Not having monitored the Proof ASE prices (I am a sporadic buyer @ the U.S. Mint) I have no clue if the prices would/ could be reduced in case Silver dropped. These days, it seems as if the price goes up for anything, it usually stays up, even if the PM in it loses value. I love the coins and value them in my more in my collection than for the PM value in them. Nevertheless, it's nice to see something bought for less than 30 dollars appreciate in value just because the metal in it is worth more. Those who sell the UNC ASE's are surely having a field day right now, especially if selling them by/ out of the Monster Box.
Edited by cfibaker
08/27/2011 11:30 am
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DNA's Avatar
United States
2734 Posts
 Posted 08/29/2011  11:35 pm  Show Profile   Bookmark this reply Add DNA to your friends list Get a Link to this Reply

Quote:
American Proof Eagles suspended due to price increases... LOL!

The Proof 2011 ASE's are back on sale as of today....

Now priced at $68.45 each!

All of us who bought them at $59.95 have now (in effect) "saved" $8.50 per coin.

Quote:
How crazy do you feel?

Not quite as crazy as the "bag lady" rambling down the street warning us all about the aliens,
but then again she isn't buying silver...


Edited by DNA
08/29/2011 11:50 pm
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