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-   -   1986, 1987 and 1996 silver eagles (http://goldismoney.info/forums/showthread.php?t=271535)

Hi Ho SILVER 06-05-2008 09:26 PM

1986, 1987 and 1996 silver eagles
 
can someone tell me how much higher than other years the premiums should be on these years? Again 1986, 1987 and 1996...as always thanks for your input and sarcasm as well......

Twisted Avatar 06-05-2008 09:29 PM

Re: 1986, 1987 and 1996 silver eagles
 
I think racoon had a thread out here where he put the population numbers out. I am not good at finding old threads.


T

j-son 06-05-2008 09:34 PM

Re: 1986, 1987 and 1996 silver eagles
 
http://www.coinland.com/mintage_figu...lvereagles.asp

tampa78 06-05-2008 09:36 PM

Re: 1986, 1987 and 1996 silver eagles
 
1996 should only be the real premium year. The others should be the same. Some sites will try to rip you though

Hi Ho SILVER 06-05-2008 09:41 PM

Re: 1986, 1987 and 1996 silver eagles
 
I am starting to see that....j-son sent that link and it shows 1987 had a high mintage...actually the highest through 2003 if I am reading it correctly....makes me think i am being snowed....That's why GIM such a valuable tool....I would have probably pulled the trigger because of the story...not tha facts..Thanks guys!

Hi Ho SILVER 06-05-2008 09:44 PM

Re: 1986, 1987 and 1996 silver eagles
 
That chart only goes through 2003..is there a continuation chart through 2008? just wondering.

CanadaGoose 06-05-2008 10:12 PM

Re: 1986, 1987 and 1996 silver eagles
 
http://en.wikipedia.org/wiki/American_Silver_Eagle

j-son 06-05-2008 10:15 PM

Re: 1986, 1987 and 1996 silver eagles
 
Quote:

Originally Posted by Hi Ho SILVER (Post 1133952)
That chart only goes through 2003..is there a continuation chart through 2008? just wondering.


<p style="margin-top: 0; margin-bottom: 0"><br>
Mintage estimates below are from the U.S. Mint and coin
publications.&nbsp; Some coins that may have
been sold the year after they were minted.</p>
<center>
<table width="205" bgColor="#CCFFCC" border="1" style="border-collapse: collapse" bordercolor="#111111" cellpadding="0" cellspacing="0">
<tr>
<td width="189" colspan="2"><center>


<tr>

<td width="69"><center>
<p style="margin-top: 0; margin-bottom: 0"><b>Year</b></p>
</center></td>
<td width="120"><center>
<p style="margin-top: 0; margin-bottom: 0"><b>1 Ounce</b></p>
</center></td>
</tr>
<tr>

<td width="69"><center>
<p style="margin-top: 0; margin-bottom: 0"><b>1986</b></p>
</center></td>
<td width="120">
<div align="right">
<p style="margin-top: 0; margin-bottom: 0"><b>5,393,000</b></div>
</td>
</tr>

<tr>
<td width="69"><center>
<p style="margin-top: 0; margin-bottom: 0"><b>1987</b></p>
</center></td>
<td width="120">
<div align="right">
<p style="margin-top: 0; margin-bottom: 0"><b>11,442,350</b></div>
</td>

</tr>
<tr>
<td width="69"><center>
<p style="margin-top: 0; margin-bottom: 0"><b>1988</b></p>
</center></td>
<td width="120">
<div align="right">
<p style="margin-top: 0; margin-bottom: 0"><b>5,004,650</b></div>

</td>
</tr>
<tr>
<td width="69"><center>
<p style="margin-top: 0; margin-bottom: 0"><b>1989</b></p>
</center></td>
<td width="120">
<div align="right">

<p style="margin-top: 0; margin-bottom: 0"><b>5,203,320</b></div>
</td>
</tr>
<tr>
<td width="69"><center>
<p style="margin-top: 0; margin-bottom: 0"><b>1990</b></p>
</center></td>
<td width="120">

<div align="right">
<p style="margin-top: 0; margin-bottom: 0"><b>5,840,200</b></div>
</td>
</tr>
<tr>
<td width="69"><center>
<p style="margin-top: 0; margin-bottom: 0"><b>1991</b></p>
</center></td>

<td width="120">
<div align="right">
<p style="margin-top: 0; margin-bottom: 0"><b>7,191,000</b></div>
</td>
</tr>
<tr>
<td width="69"><center>
<p style="margin-top: 0; margin-bottom: 0"><b>1992</b></p>

</center></td>
<td width="120">
<div align="right">
<p style="margin-top: 0; margin-bottom: 0"><b>5,540,060</b></div>
</td>
</tr>
<tr>
<td width="69"><center>

<p style="margin-top: 0; margin-bottom: 0"><b>1993</b></p>
</center></td>
<td width="120">
<div align="right">
<p style="margin-top: 0; margin-bottom: 0"><b>6,783,750</b></div>
</td>
</tr>
<tr>

<td width="69"><center>
<p style="margin-top: 0; margin-bottom: 0"><b>1994</b></p>
</center></td>
<td width="120">
<div align="right">
<p style="margin-top: 0; margin-bottom: 0"><b>4,227,300</b></div>
</td>
</tr>

<tr>
<td width="69"><center>
<p style="margin-top: 0; margin-bottom: 0"><b>1995</b></p>
</center></td>
<td width="120">
<div align="right">
<p style="margin-top: 0; margin-bottom: 0"><b>4,672,050</b></div>
</td>

</tr>
<tr>
<td width="69"><center>
<p style="margin-top: 0; margin-bottom: 0"><b>1996</b></p>
</center></td>
<td width="120">
<div align="right">
<p style="margin-top: 0; margin-bottom: 0"><b>3,603,375</b></div>

</td>
</tr>
<tr>
<td width="69"><center>
<p style="margin-top: 0; margin-bottom: 0"><b>1997</b></p>
</center></td>
<td width="120">
<div align="right">

<p style="margin-top: 0; margin-bottom: 0"><b>4,295,000</b></div>
</td>
</tr>
<tr>
<td width="69"><center>
<p style="margin-top: 0; margin-bottom: 0"><b>1998</b></p>
</center></td>
<td width="120">

<div align="right">
<p style="margin-top: 0; margin-bottom: 0"><b>4,847,550</b></div>
</td>
</tr>
<tr>
<td width="69"><center>
<p style="margin-top: 0; margin-bottom: 0"><b>1999</b></p>
</center></td>

<td width="120">
<div align="right">
<p style="margin-top: 0; margin-bottom: 0"><b>7,483,000</b></div>
</td>
</tr>
<tr>
<td width="69"><center>
<p style="margin-top: 0; margin-bottom: 0"><b>2000</b></p>

</center></td>
<td width="120">
<div align="right">
<p style="margin-top: 0; margin-bottom: 0"><b>
<font color="#000000">9,233,000</font></b></div>
</td>
</tr>
<tr>

<td width="69"><center>
<p style="margin-top: 0; margin-bottom: 0"><b>2001</b></p>
</center></td>
<td width="120">
<div align="right">
<p style="margin-top: 0; margin-bottom: 0"><b>9,001,700</b></div>
</td>
</tr>

<tr>
<td width="69">
<p align="center" style="margin-top: 0; margin-bottom: 0"><b>
2002</b></td>
<td width="120">
<p style="margin-top: 0; margin-bottom: 0" align="right"><b>
10,540,000*</b></td>
</tr>

<tr>
<td width="69" align="center">
<b>2003</b></td>
<td width="120" align="center">
<p align="right">
<b>8,495,008*</b></td>
</tr>
<tr>

<td width="69" align="center">
<b>
2004</b></td>
<td width="120" align="right">
<b>8,882,760*</b></td>
</tr>
<tr>
<td width="69" align="center">

<b>
2005</b></td>
<td width="120" align="right">
<b>8,892,000</b>?</td>
</tr>
<tr>
<td width="69" align="center">

<b>2006</b></td>
<td width="120" align="right">
8,000,000?</td>
</tr>
<tr>
<td width="69" align="center">
2007</td>

<td width="120" align="right">
?</td>
</tr>
</table>
</center>
<p style="line-height: 100%; word-spacing: 0; margin-top: 0; margin-bottom: 0">
*- estimate</p>
<p style="line-height: 100%; word-spacing: 0; margin-top: 0; margin-bottom: 0">

Hi Ho SILVER 06-05-2008 10:19 PM

Re: 1986, 1987 and 1996 silver eagles
 
great info thanks again...

SirSilverOzzyyzzO 06-05-2008 10:33 PM

Re: 1986, 1987 and 1996 silver eagles
 
1234567890

Seleukus Nikator 06-06-2008 11:48 AM

Re: 1986, 1987 and 1996 silver eagles
 
apmex sells spotted 96s for low markup if you're lookin to fill a hole on the cheap

Agfinger 06-06-2008 01:36 PM

silver eagles
 
Quote:

Originally Posted by SirSilverOzzyyzzO (Post 1133987)
Woah guys... 1996 is the King, but lets not forget the 2006-W... a lot of hub-bub that it is the NEW KING... I've been out of the game for a few months, so don't base it on me, but can someone please set me straight.

I used to buy the low mint years SAE's, or "short sets" as I used to like to call them. Example: 1996's, 1994's, 1997's, 1995's and 1998's - and only at rock bottom prices. I sometimes bought them slabbed and sometimes hunted and cherry picked around for possible 69's - I usually hit the nail on the head with the MS69's and only sent them into PCGS or at times NGC - with about 30% of the ones sent in coming back MS68 or less - so not too bad.

Anyway, just two years ago I, along with others, was paying on average $70.00 bucks JUST for 1994 PCGS MS-69's... A few weeks ago, I looked around and It seems they cannot be given away for less than $40, so I can only imagine how the 97's,95's and 98's are doing...

Bottom line: Stick with Raw and any minted SAE year, as close to spot, as possible. Otherwise, learn how to grade SAE's, and look around for any, scarce, raw, possible 1996 MS-69's and forget crack-outs from those obscure third grade party MS-70 graded coins - they ain't worth it. In addition, keep your eyes peeled for the 2006-W numbers, not the regular 06 SAE's either - the W's.

Good Luck - It used to be a great hobby of mine until First Strike and similar designations killed it, for me. The big boys make the money, we don't, and now with the new "CAC" designations too... I'm done...

Raw SAE's, cheap, close to spot - even all beat up, will out last any milk spotted, a dime a dozen, first strike over priced slabbed eagle.

Hope I helped??? :s9:

Exactly right...

The entire grading, slabbing and "certifying" things like First Strikes and such is BS of the highest order.

These coins are bullion, were conceived as bullion, always have been bullion and when the price rises, will homengenize all together as bullion.

When the melt bucket calls for COMEX bars and silver is at $50-$100 per ounce, many 1996's will go in there right along with BU 90% silver and right next to Grannies sterling silverware. Everything equalizes when the price goes up. It happened in 1980.

A post someone once made about slabbing of these coins on the PCGS forum sticks with me. It went something like this....

"..First we bought the coin, then we bought the slab, now we buy the paper in the slab...How far we have fallen.."

Truer words have not been spoken.

Hi Ho SILVER 06-06-2008 01:40 PM

Re: silver eagles
 
So you think it's best to buy generic silver as close or behind spot so we're not caught holding a premium so we don't lose are butts when the SHTF?

Or am I missing your point....?

Quote:

Originally Posted by Agfinger (Post 1134742)
Exactly right...

The entire grading, slabbing and "certifying" things like First Strikes and such is BS of the highest order.

These coins are bullion, were conceived as bullion, always have been bullion and when the price rises, will homengenize all together as bullion.

When the melt bucket calls for COMEX bars and silver is at $50-$100 per ounce, many 1996's will go in there right along with BU 90% silver and right next to Grannies sterling silverware. Everything equalizes when the price goes up. It happened in 1980.

A post someone once made about slabbing of these coins on the PCGS forum sticks with me. It went something like this....

"..First we bought the coin, then we bought the slab, now we buy the paper in the slab...How far we have fallen.."

Truer words have not been spoken.


triplelake 06-06-2008 04:22 PM

Re: 1986, 1987 and 1996 silver eagles
 
I would pay a bit more for bullions slabbed by NGC/PCGS, because these would be easier to sell if gold is at significantly higher prices in the future. In fact, most of my gold "collection" are slabbed. I basically consider that as a premium for authentication.

Agfinger 06-06-2008 07:10 PM

Re: silver eagles
 
Quote:

Originally Posted by Hi Ho SILVER (Post 1134749)
So you think it's best to buy generic silver as close or behind spot so we're not caught holding a premium so we don't lose are butts when the SHTF?

Or am I missing your point....?

You are missing my point.

ASE's are BULLION. The mint and PCGS/NGC and others have turned them into "collectible" numismatic coins which they are not and never will be.

I think they are a fine coin and a great way to invest in bullion silver. I also think they may always have a slight premium over a generic round because of guarantee of assay/fineness and weight plus it is a coin.

My suggestion would be to simply never buy into the hype of slabbing a bullion coin.

Twisted Avatar 06-06-2008 07:23 PM

Re: silver eagles
 
Quote:

Originally Posted by Agfinger (Post 1135289)
You are missing my point.

ASE's are BULLION. The mint and PCGS/NGC and others have turned them into "collectible" numismatic coins which they are not and never will be.

I think they are a fine coin and a great way to invest in bullion silver. I also think they may always have a slight premium over a generic round because of guarantee of assay/fineness and weight plus it is a coin.

My suggestion would be to simply never buy into the hype of slabbing a bullion coin.

+1

If you want something rare go with proof sets.......

also NEVER GET A COIN GRADED ......YOU NEVER GET THE PREMIUM BACK. If you want a slabbed coin buy it off a sucker who belived the guys on coinvault who told them "first strike and early realese" mean something

Bottom line rare coins are proofs...... anything else is BULLION.

T

SirSilverOzzyyzzO 06-06-2008 07:35 PM

Re: 1986, 1987 and 1996 silver eagles
 
1234567890

Txkstew 06-07-2008 06:08 PM

Re: silver eagles
 
Quote:

Originally Posted by Agfinger (Post 1135289)
You are missing my point.

ASE's are BULLION. The mint and PCGS/NGC and others have turned them into "collectible" numismatic coins which they are not and never will be.

I think they are a fine coin and a great way to invest in bullion silver. I also think they may always have a slight premium over a generic round because of guarantee of assay/fineness and weight plus it is a coin.

My suggestion would be to simply never buy into the hype of slabbing a bullion coin.

Why, will they never be numismatic?
Do you mean they'll never be numismatic in our life time? Won't they be a collectors item in, say 200 years?
I don't know why, but I worry about things that will be here long after me,.... weird.

Twisted Avatar 06-07-2008 06:14 PM

Re: silver eagles
 
Quote:

Originally Posted by Txkstew (Post 1136211)
Why, will they never be numismatic?
Do you mean they'll never be numismatic in our life time? Won't they be a collectors item in, say 200 years?
I don't know why, but I worry about things that will be here long after me,.... weird.




Stop it......... you cant control what happens after you are gone...... you can barley control what you do today.

All you can do is educate your progeny as to the merits of PM's and thats it.


T

Txkstew 06-07-2008 06:23 PM

Re: 1986, 1987 and 1996 silver eagles
 
But I see Bright Uncirculated 100 year + old coins, that some dead guy put up, and took care of, till he died. Or they just sat in some old dusty bank vault.

Master_Ho 06-07-2008 06:26 PM

Re: 1986, 1987 and 1996 silver eagles
 
Quote:

Originally Posted by Txkstew (Post 1136227)
But I see Bright Uncirculated 100 year + old coins, that some dead guy put up, and took care of, till he died. Or they just sat in some old dusty bank vault.

Funny - I see 1996 silver eagles which some LIVE guy took care of and are worth quite a bit more than $17.50 as of this weekend.

Twisted Avatar 06-07-2008 06:30 PM

Re: 1986, 1987 and 1996 silver eagles
 
Quote:

Originally Posted by Txkstew (Post 1136227)
But I see Bright Uncirculated 100 year + old coins, that some dead guy put up, and took care of, till he died. Or they just sat in some old dusty bank vault.

That is why it is crucial YOU INSTRUCT YOUR PROGENY FROM EARLY TO THE MERITS AND HISTORY OF PM WHY IT IS THEY ARE VALUBLE

Dont be like some old geezer that was so dam tight fisted he never told anybody.Only to have just what you talked about happen to the horde.

PLAN ALL THE WAY TO THE END


You should be grooming your progeny from the time they can walk. Or as soon as YOU understand the implications of educating your heirs.


T

Agfinger 06-07-2008 06:36 PM

Re: silver eagles
 
Quote:

Originally Posted by Txkstew (Post 1136211)
Why, will they never be numismatic?
Do you mean they'll never be numismatic in our life time? Won't they be a collectors item in, say 200 years?
I don't know why, but I worry about things that will be here long after me,.... weird.

One thing that most folks don't really think about when they purchase these Eagles is that these are not coins in the sense of numismatic coins that were either circulated or representative of identical coins that did circulate.

ASE's were never meant to circulate and none have any wear which means they are all essentially brand new coins.

99.99999% of them are MS65+ which is what they will be until the end of time, (unless TSHTF and we start using them as actual coins).

Master_Ho 06-07-2008 06:58 PM

Re: silver eagles
 
You make a good point - but I am not so sure its all accurate.........

Quote:

Originally Posted by Agfinger (Post 1136239)
One thing that most folks don't really think about when they purchase these Eagles is that these are not coins in the sense of numismatic coins that were either circulated or representative of identical coins that did circulate.

Totally true!!!

Quote:

Originally Posted by Agfinger (Post 1136239)
ASE's were never meant to circulate and none have any wear which means they are all essentially brand new coins.

99.99999% of them are MS65+ which is what they will be until the end of time, (unless TSHTF and we start using them as actual coins).

I see thousands of ASE that come out of tubes - and very few are MS65.........over the years people handle them, and they get dinged a hundred different ways...........

If you found a tube of 1996 eagles, if unopened, then you would be right..........but not 99.99999% have been unhandled.............nothing like that..............

Even today - not everyone buying 2008 eagles knows not to - or know - to handle coins...........

So your basic premise is correct - but WAY over aggerated!

Seleukus Nikator 06-09-2008 01:30 PM

Re: 1986, 1987 and 1996 silver eagles
 
i just got a 96 ngc ms 69.

whats the premium if you are selling to a dealer? they are going for around 100 on ebay but what if you sell to a dealer.

triplelake 06-09-2008 02:53 PM

Re: 1986, 1987 and 1996 silver eagles
 
Quote:

Originally Posted by Seleukus Nikator (Post 1138414)
i just got a 96 ngc ms 69.

whats the premium if you are selling to a dealer? they are going for around 100 on ebay but what if you sell to a dealer.

The 96 alone is probably around $80.

Gcubed 06-09-2008 03:12 PM

Re: 1986, 1987 and 1996 silver eagles
 
APMEX sells 'em for $70, $60 if you'll take a full tube.

Quote:

Originally Posted by triplelake (Post 1138548)
The 96 alone is probably around $80.


spacemenace 06-09-2008 03:39 PM

Re: 1986, 1987 and 1996 silver eagles
 
Quote:

Originally Posted by Gcubed (Post 1138573)
APMEX sells 'em for $70, $60 if you'll take a full tube.

looks like somebody got a good deal here.....

http://cgi.ebay.com/ws/eBayISAPI.dll...m=180250831749

triplelake 06-09-2008 03:53 PM

Re: 1986, 1987 and 1996 silver eagles
 
Quote:

Originally Posted by Gcubed (Post 1138573)
APMEX sells 'em for $70, $60 if you'll take a full tube.

but his is NGC MS69

Gcubed 06-09-2008 04:01 PM

Re: 1986, 1987 and 1996 silver eagles
 
Quote:

Originally Posted by triplelake (Post 1138616)
but his is NGC MS69

I'm curious to see what a dealer will offer. I've got 20 PCGS MS69's I'd LOVE to unload.


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Gold & Silver Forum - 1986, 1987 and 1996 silver eagles
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-   -   1986, 1987 and 1996 silver eagles (http://goldismoney.info/forums/showthread.php?t=271535)

triplelake 06-09-2008 04:10 PM

Re: 1986, 1987 and 1996 silver eagles
 
Quote:

Originally Posted by Gcubed (Post 1138625)
I'm curious to see what a dealer will offer. I've got 20 PCGS MS69's I'd LOVE to unload.

$90 each according to ebay.

Gcubed 06-09-2008 04:20 PM

Re: 1986, 1987 and 1996 silver eagles
 
Quote:

Originally Posted by triplelake (Post 1138635)
$90 each according to ebay.

I don't think ebay is a "dealer".

Seleukus Nikator 06-09-2008 04:33 PM

Re: 1986, 1987 and 1996 silver eagles
 
mine would have been a 79 but for this little nick across her neck. its plain as day. If somebody tried to sell it to me I'd rate it a 68 since its so obvious. If I were a buyer I would call it a gash, if I were a seller I would call it a nick.

Its the key, anyways. None of the other ones are really worth much if any premium if you ask me. Its odd to me the notion of people collecting bullion, but the market is what it is.

andrey32 06-09-2008 06:33 PM

Re: 1986, 1987 and 1996 silver eagles
 
2007 - 9.03 million
2008 - 10.07 million
(according to the recent notices from the mint regarding the rationing of '08 eagles)

Master_Ho 06-09-2008 06:39 PM

Re: 1986, 1987 and 1996 silver eagles
 
Quote:

Originally Posted by Seleukus Nikator (Post 1138654)
If I were a buyer I would call it a gash, if I were a seller I would call it a nick.

If you were REALLY smart - you'd call it a beauty mark or hickey!!! :D

Twisted Avatar 06-09-2008 06:40 PM

Re: 1986, 1987 and 1996 silver eagles
 
3 Attachment(s)
Quote:

Originally Posted by andrey32 (Post 1138851)
2007 - 9.03 million
2008 - 10.07 million(according to the recent notices from the mint regarding the rationing of '08 eagles)


And wait till the panic buying kicks in later this year........ with six months left 08 will dwarft any and all records.

Couple that with the fact that at some point the mint has to stop making 08's so it can start next years fabrications The squeeze will be unprecedented and people will pay through the nose just to have ' THE CANT HAVE ITEM'.



The pefect storm I tell you ....the perfect storm

mshen11 06-10-2008 03:02 PM

Re: 1986, 1987 and 1996 silver eagles
 
alot of people are saying 2008 will be commanding a premium? how is that possible when its outpacing record production by 100%? id think 2008 premiums should be lower.

also those reverse 2007 2008 errors from west point, can they come in a regular monster box? theres been debate on this but no one finalized an answer with any authority. im wondering if i should open my west point monster box

EireGoBragh 06-10-2008 07:49 PM

Re: 1986, 1987 and 1996 silver eagles
 
Quote:

Originally Posted by mshen11 (Post 1140210)
alot of people are saying 2008 will be commanding a premium? how is that possible when its outpacing record production by 100%? id think 2008 premiums should be lower.

also those reverse 2007 2008 errors from west point, can they come in a regular monster box? theres been debate on this but no one finalized an answer with any authority. im wondering if i should open my west point monster box

I was under the impression the "Monster Box" ASE's are minted in Philly,they have no MM, Only the Uncirculated SAE's with a "W' mint mark were error coins

Twisted Avatar 06-10-2008 08:06 PM

Re: 1986, 1987 and 1996 silver eagles
 
Quote:

Originally Posted by EireGoBragh (Post 1140663)
I was under the impression the "Monster Box" ASE's are minted in Philly,they have no MM, Only the Uncirculated SAE's with a "W' mint mark were error coins


SAE, GAE's are minted at West Point NY.


T

RexPerpetuusNorvegiae 06-10-2008 08:39 PM

Re: 1986, 1987 and 1996 silver eagles
 
the 2008 with the 2007 reverse thingy is really the worst case of tulips ive ever seen

mshen11 06-12-2008 08:38 AM

Re: 1986, 1987 and 1996 silver eagles
 
[I was under the impression the "Monster Box" ASE's are minted in Philly,they have no MM, Only the Uncirculated SAE's with a "W' mint mark were error coins]

i dont know. i am just reporting facts - have a "west point" monster box. opened it. no 'W' mark. grrrrr.

i listened to a bunch of misinformed bozos here and on ebay. but the problem is no one had any information (until now).

Twisted Avatar 06-12-2008 08:47 AM

Re: 1986, 1987 and 1996 silver eagles
 
Quote:

Originally Posted by RexPerpetuusNorvegiae (Post 1140737)
the 2008 with the 2007 reverse thingy is really the worst case of tulips ive ever seen

I must agree......


It is only 3 subtle diffrences but people are "chomping at the bit" to get in on the action.


They only people that made money where the folks who sold to the suckers based on "originality"....... the buyers of such coins will NEVER get the premium they paid back.

EVER.


No way in hell I am paying 500 dollars for a bullion coin. when I can get a roll of 20 for less.

A fool and their money will soon part ways.


T

Txkstew 06-12-2008 11:26 AM

Re: 1986, 1987 and 1996 silver eagles
 
Quote:

Originally Posted by mshen11 (Post 1142882)
[I was under the impression the "Monster Box" ASE's are minted in Philly,they have no MM, Only the Uncirculated SAE's with a "W' mint mark were error coins]

i dont know. i am just reporting facts - have a "west point" monster box. opened it. no 'W' mark. grrrrr.

i listened to a bunch of misinformed bozos here and on ebay. but the problem is no one had any information (until now).

If I ever buy a Monster Box, I'll have it opened before the UPS guy gets out of the drive way.

RexPerpetuusNorvegiae 06-12-2008 12:19 PM

Re: 1986, 1987 and 1996 silver eagles
 
Quote:

Originally Posted by Twisted Avatar (Post 1142892)
I must agree......


It is only 3 subtle diffrences but people are "chomping at the bit" to get in on the action.


They only people that made money where the folks who sold to the suckers based on "originality"....... the buyers of such coins will NEVER get the premium they paid back.

EVER.


No way in hell I am paying 500 dollars for a bullion coin. when I can get a roll of 20 for less.

A fool and their money will soon part ways.


T

yeah, the prices dont have root in reality. one can get 3 2007 kiwi one ounce proof bullion pieces for that amount, and the kiwis have a mintage of just 1301, just to put it in perspective, still its an insane amount to spend on bullion pieces, but if those madmen directed their frenzy at the kiwis instead...

Twisted Avatar 06-12-2008 12:22 PM

Re: 1986, 1987 and 1996 silver eagles
 
Quote:

Originally Posted by RexPerpetuusNorvegiae (Post 1143263)
yeah, the prices dont have root in reality. one can get 3 2007 kiwi one ounce proof bullion pieces for that amount, and the kiwis have a mintage of just 1301, just to put it in perspective, still its an insane amount to spend on bullion pieces, but if those madmen directed their frenzy at the kiwis instead...


The SAE is the flagship coin in the US..... NOTHING WILL OUTSELL A EAGLE DOMESTICALLY NOTHING.

mshen11 06-12-2008 01:01 PM

Re: 1986, 1987 and 1996 silver eagles
 
Quote:

Originally Posted by Txkstew (Post 1143148)
If I ever buy a Monster Box, I'll have it opened before the UPS guy gets out of the drive way.

this is from a walk-in to a reputable regional dealer. ive done business a few times w/ him.

EireGoBragh 06-12-2008 02:45 PM

Re: 1986, 1987 and 1996 silver eagles
 
Quote:

Originally Posted by mshen11 (Post 1142882)
[I was under the impression the "Monster Box" ASE's are minted in Philly,they have no MM, Only the Uncirculated SAE's with a "W' mint mark were error coins]

i dont know. i am just reporting facts - have a "west point" monster box. opened it. no 'W' mark. grrrrr.

i listened to a bunch of misinformed bozos here and on ebay. but the problem is no one had any information (until now).

LOL...My impression was Right...

Rebel Yarr 06-12-2008 04:27 PM

Re: 1986, 1987 and 1996 silver eagles
 
sorry but as long as people collect coins - anything minted by a government mint is collectable.

It isn't the goverment that makes them have numismatic value - it is the collectors.

I don't think that these should even be called bullion - I am not sure who is stating they ARE bullion - but as far as I know the nobody calls them bullion except those wanting them to BE bullion.

Bullion = bars and rounds not SAE's or GAE's.

Rebel Yarr 06-12-2008 04:29 PM

Re: 1986, 1987 and 1996 silver eagles
 
Meh I might be wrong - it looks like the mint calls them both bullion investment coins and collectables.

I don't think of them as traditional "bullion" due to the collectable aspect - not sure how they can use both terms.

EireGoBragh 06-12-2008 04:54 PM

Re: 1986, 1987 and 1996 silver eagles
 
Could be wrong, it was explained to me one time that Bullion is Pure (or close to it) VS say a coin with a more than nominal mixture....like 90% silver coins or various Karat Au jewelry(10K, 14K...etc)

mshen11 06-15-2008 04:29 PM

Re: 1986, 1987 and 1996 silver eagles
 
why does a monster box minted at west point not contain a 'W' on the back of the coin?

Gcubed 06-15-2008 04:41 PM

Re: 1986, 1987 and 1996 silver eagles
 
Quote:

Originally Posted by mshen11 (Post 1147632)
why does a monster box minted at west point not contain a 'W' on the back of the coin?

The W is reserved for "numismatic" issues. Marketing. :wink:

Twisted Avatar 06-15-2008 05:12 PM

Re: 1986, 1987 and 1996 silver eagles
 
Quote:

Originally Posted by mshen11 (Post 1147632)
why does a monster box minted at west point not contain a 'W' on the back of the coin?


The W is on reserved for proofs or limited runs.


They will not do it for regular "bullion"



T

azxcvbnm321 06-16-2008 06:12 AM

Re: 1986, 1987 and 1996 silver eagles
 
Both the US Mint and the Act creating the Eagle coin program call these "bullion coins". Notice the bold part I highlighted, the statement is from the US Mint's webpage. Clearly the Mint does not expect anyone to treat these as anything other than bullion, but they can't prevent fools from doing so.


Quote:

Authorized by the Bullion Coin Act of 1985, American Eagle Gold Bullion Coins quickly became one of the world's leading gold bullion investment coins. Produced from gold mined in the United States, American Eagles are imprinted with their gold content and legal tender "face" value. An American Eagle's value is based on the market price of its metal content, plus a small premium to cover coinage and distribution.

triplelake 06-16-2008 06:20 AM

Re: 1986, 1987 and 1996 silver eagles
 
Quote:

Originally Posted by azxcvbnm321 (Post 1148221)
Both the US Mint and the Act creating the Eagle coin program call these "bullion coins". Notice the bold part I highlighted, the statement is from the US Mint's webpage. Clearly the Mint does not expect anyone to treat these as anything other than bullion, but they can't prevent fools from doing so.

Since when do we start trusting the gov mint's statements? Anyway, the market is what it is. Some year's SAE are worth more just as some types of bullions (kooks, pandas..) are worth more than SAE. I am not saying that we should or should not pay more premium for some bullion coins. Demand and supply for these bullions determine what you need to pay, not the metal content itself.

mshen11 06-16-2008 09:29 AM

Re: 1986, 1987 and 1996 silver eagles
 
would anyone recommending buying roll(s) of 96 for 950$ (for roll completion and set completion).

or do people feel that (and also 96 individual coins) is a waste of money/time


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