Proof rendition of American Silver Eagle goes on sale March 23

2017-American-Silver-Eagle-ASE-Proof-17EA-o-R

This post was updated on March 21 at 6:30 p.m. to correct the term “Enhanced Proof.” Although ASEs with the Enhanced finish are sometimes referred to as Proofs or Specimens, they were marketed by the Mint in the spring of 2013 as having an “Enhanced Uncirculated” finish.


(Washington)—The United States Mint will begin accepting orders for the 2017 American Eagle 1-ounce silver Proof coin (17EA) on March 23 at noon Eastern Time.

The obverse of the ASE features Adolph A. Weinman’s full-length figure of Liberty in full stride, enveloped in folds of the flag, with her right hand extended and branches of laurel and oak in her left. Its reverse features former Mint sculptor-engraver John Mercanti’s heraldic eagle bearing a shield, with an olive branch in its right claw and arrows in its left.

American Eagle 1-ounce silver Proofs are struck on .999 fine silver blanks and bear the W mintmark, indicating their production at the U.S. Mint at West Point. Each coin is encapsulated and packaged in a satin-lined, blue-velvet presentation case with a certificate of authenticity.

The 2017 American Eagle 1-ounce silver Proof is priced at $53.95. Orders will be accepted at https://www.catalog.usmint.gov and at 1-800-USA-MINT (872-6468), while hearing- and speech-impaired customers with TTY equipment may order at 1-888-321-MINT. Information about shipping options is available at https://www.catalog.usmint.gov/customer-service/shipping.html.

There is no household order limit for this product. Customer demand will determine the number of coins minted.

American Silver Eagle Finishes, Compared

Over the years, the Mint has issued ASE coins in an array of finishes. In addition to the basic bullion finish, there have been five numismatic treatments: Uncirculated; Proof (mirrored field, frosted devices); Reverse Proof (frosted field, mirrored devices); Burnished (frosted, but with a depth of reflective luster); and Enhanced Uncirculated (with three finishes, one mirrored and two in different degrees of frostiness; this one is sometimes incorrectly called “Enhanced Proof”). The photos at the top of the foregoing press release are official U.S. Mint photos of the 2017 ASE Proof coin—but because the fields reflect a white background, it’s impossible to detect any mirrored quality.

To supplement the press release, I went hunting for a photo that more clearly depicts the Proof quality of a silver Eagle. Doing so reminded me how incredibly difficult it is to capture these distinctions with a camera—which in turn made me think it would be helpful to have accurate images that can be referred to, as needed, for future posts. I sifted through scores of APMEX product pages to find them, and even there, it was often hard to see any difference between, say, bullion and Uncirculated. The results are arranged as a group below, and then added individually for closer study. It will be interesting to know how the finishes shown here compare with readers’ experiences.

ASE-finishes-compared

At center is a 2016 bullion strike (no mintmark). Clockwise from the top, the dates, mintmarks, and finishes are as follows: Reverse Proof (2011-P), Enhanced Uncirculated (2013-W), Uncirculated (2011-S), Burnished (2006-W), and Proof (2011-W). (Photos courtesy of Mint News Blog sponsor APMEX)

Proof (2011-W).

Proof (2011-W).

Reverse Proof (2011-P).

Reverse Proof (2011-P).

 

Enhanced Proof (2013-W).

Enhanced Uncirculated (2013-W).

Bullion (2016).

Bullion (2016).

Uncirculated (2011-S).

Uncirculated (2011-S).

Burnished (2006-W).

Burnished (2006-W).


Press release comprising the first half of this post courtesy of the United States Mint.


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Comments

  1. Old Big Bird says

    @cagcrisp – I know you watch all of the sales numbers coming out from the US Mint. I did no see if you had posted the sales for the 17AQ 2017 ATB QTR SILVER PROOF SET. On 03/12/17 it was 53,599. Now on 03/19/17 it is 50,024. That means they either did not count their sales correctly or there was 3,535 in returns.

    Can you say the big buyers returning one s that did not come up PR70 or PR69.
    What are your thought on this.

    I appreciate all that you put into publishing the facts on the US Ming Sales.

  2. cagcrisp says

    @Old Big Bird, Your scenario that it is returns/cancellations would be correct. It happens in a lot of offerings about a month after Launch. It may just be the way the Mint accounts for returns/cancellations is why we don’t always see it on the same number of weeks after Launch.

    We had that 924 number of sales that appeared before they ever went on sale.
    Then the Actual Launch week of +42,614
    Then w/e 02/26/17 +4,402
    w/e 03/05/17 +3,296
    w/e 03/12/17 +2,323
    w/e 03/19/17 (3,535)

  3. earthling says

    cagcrisp says

    MARCH 21, 2017 AT 5:12 PM

    Dismal Magnified. A NEW All time Low in the making on Both Golds…

    17CA 2017 BOYS TOWN GOLD PROOF 945 +138
    17CB 2017 BOYS TOWN GOLD UNC 1,202 +148
    17CC 2017 BOYS TOWN SILVER PROOF 12,138 + 3,094
    17CD 2017 BOYS TOWN SILVER UNC 6,121 + 1,162
    17CE 2017 BOYS TOWN CLAD PROOF 10,839 + 1,775
    17CF 2017 BOYS TOWN CLAD UNC 11,137 +1,107
    17CG 2017 BOYS TOWN 3-COIN SET 3,629 + 506

    One has to wonder if the Gold “Boys” will challenge the Gold “Spouse’s ” for low mintage wonder of our times.

    And when will the freefall stop? Could it reach negative numbers? 😨

  4. earthling says


    No products were newly removed from the report, but one item was newly marked “sold out” on March 21: the 2016 Silver Proof Set (16RH).

    This is from the latest Mint Sales Report that went up tonight. Can a sober person help me make sense of this? I think I’m drunk or something.

    There was something about 2016 Silver Proof Sets being available today , what was that about?

    Hmmmm. I don’t drink much at all. Haven’t had anything in a month.

  5. cagcrisp says

    New Gold clock starts today

    Gold AM Fix $1,247.90

    If repeal/replace FAILS today, look for Gold to cross the $1,250.00 mark and you’ll have a $1,690.00 HR in Exactly 2 weeks…

  6. cagcrisp says

    Exactly 2 weeks to Launch and no HHL listed on the HR.
    (Not even a picture on the schedule)…

  7. Keep Calm & Stack On says

    Thanks for the heads-up Cag..,

    2 weeks out and there’s yet to be an update on the Product Schedule page for the HR.., I think I almost forgot about it…

  8. Keep Calm & Stack On says

    2017 50th Anniversary Silver Krugerrands –

    When these first went Pre-Sale on the MCM website, they had a little over 8,000 of the Gem Premium Uncirculated coins available for sale.

    Sunday evening, there was 7,985 of GEM Premium Uncirculated coins available.

    As of this morning, there are 7,913 of the GEM Premium Uncirculated coins available.

    Now, there’s plenty of folks out there in coinblogosphere that will disagree with me and say that a 50th Anniversary Silver Krugerrand with a stated mintage of 1,000,000 coins at a price point of $58+ is the next best thing to sliced bread and they’re sell the whole lot as they’re flying off the shelves…

    Well, as I eluded to earlier.., these puppies ain’t going no where – ’cause this dog don’t hunt!

    If MCM can’t sell 100 of the GEM Premium Uncirculated over the course of 5 days of a hot ’50 years in the making’ release.., sheeeee.., they ain’t unloaded graded 70’s and certainly NOT 69’s in droves…,

    I couldn’t even get the South African mint to respond to my electronic order requesting for a quote on some..,

    Outside of the US coin collecting market, how does one unload 1,000,000 Silver BU coins at a price point of $58+…, that is the question.

    Santa Claus…? Or those that bought in early eventually getting screwed?

    I’m watching this release closely as it epitomizes GREED and it’s becoming entertaining to following,

    At some point, someone in a leadership sales position is going to have to make a very, very tough call.., I anxiously await… 🙂

  9. Keep Calm & Stack On says

    Cag – it’ll be far less than an illustrious launch for the American Eagle 2017 One Ounce Silver Proof Coin today, IMO.

    But then again, I’m probably just stating the obvious.

  10. Mint News Blog says

    @earthling — That was my bad. I typed “unavailable” in the table, but typed “sold out” in the text. I’ve now corrected it. Many Coin Update readers won’t be interested in the difference, but the distinction is important to some (esp. to Mint News Bloggers), so thanks for the catch. I should set up a hockey-style scoreboard and award points and assists for catching errors. End-of-year winner gets a shiny Morgan dollar. 😉

  11. cagcrisp says

    2015 Launch Week Proof ASE was 262,377
    2016 Launch Day Proof ASE was 262,816

    I’ll take the Contrarian position and say with all the Dismal sales for 2017 that we will still get a Launch Week Number North of 225,000…

  12. Goat says

    Get some feed back.
    I just purchased a Tanita 1479J2 Precision Mini Scale, likes/dislikes ? The mini scale I had would not weight out one hundredths and to weight a copper vs zink penny this is a need. Just having second thoughts, should of asked sooner than later.

    As we said on the farm “close the barn door after the cows got out” . It was not bad when the cows got out, my lead cows were bucket calves I had raised and just had to hollower and bang a empty plastic bucket on the concrete pad at the grain bin feeder and fill it with corn. Quickest way to ones heart is their belly.

  13. data dave says

    I’ll take 245K for launch day sales. There are probably a ton of subscriptions for the Proof Silver Eagle. But I will still bet anyone that total sales will be below 600K for this item.

  14. Ag4Me says

    Keep Calm & Stack On ,
    Totally agree on the Silver Krug’s. Initial excitement survived the quality delay but when the price was posted all the buzz disappeared literally within 48 hours.

    Will interesting to see how it plays out long term. I expect some sort of sale.

  15. earthling says

    I didn’t order any 2016 SAE’s at all. I may order a few but I’m in no hurry.

    Now that I’ve started a new habit of not buying, why change anything.

    One day, within the next couple years maybe I’ll buy – from someone.

  16. Erik H says

    KCSO, I agree with your opinion on the silver Krugerrand. Usually I like to buy my coins as close to release date as possible but not this time. I caled MCM a few weeks back when I received an “Exclusive Mailer” promoting “First Day of Issue”. I asked about buying a roll and was told they don’t have them available yet and to wait a couple of weeks (can’t saturate the market too soon I guess).

    Anyways, a few years ago Pandas had a mintage on 1 million and the premium was around $5-$6 a coin if you bought just one, that’s what the silver Krugerrand’s should be priced at in my opinion to sell a million. I’d would buy a roll with a $4-$5 premium. With current premium, I might buy 1 in a few years after they drop to near bullion.

  17. joe#2 says

    Well, I have no issues. NEVER liked the Kruggerand, Never saw what the big deal was in that piece.

  18. cagcrisp says

    Over 8% of the Total Available Lady Bird Johnson Proof FS coins were Sold this morning in Just 1 Order…

    (This Morning there were 12 available. Now there are 11 available)…

  19. Erik H says

    cagcrisp, big deal just wait until there are only 2 left, then report that sales reached 50% in one hour after one sells. LOL

  20. cagcrisp says

    @Erik H, Every sale that is made, that percentage Continues to gets Larger.

    There has been Exactly 100 Johnson Proof FS coins Sold in the past 186 days.

    There were 100 of the 2016 Silver Proof Sets Sold in 1 day…

  21. says

    Interesting.., for what it’s worth –

    Investors Will Continue To Diversify Into Gold In Low Interest Rate Environment – ETF Securities

    Neils Christensen Neils Christensen
    Thursday March 23, 2017 14:24
    Kitco NewsShare this article:
    (Kitco News) – Gold has seen some profit taking after rallying more than 4% since the Federal Reserve monetary policy meeting

    April Comex gold futures last traded at $1,245.70 an ounce, down 0.32% on the day; however, the metal is up more than 1% since the start of the week.

    In a recent interview with Kitco News, Maxwell Gold, director of investment strategy at ETF Securities, said that the U.S. central bank recent action confirms that real rates will remain low and gold will continue to attract investors looking to diversify their portfolio.

    Gold noted that last in the first half of last year was driven mostly because of strong speculative interest in the marketplace; however, that sentiment proved to be fleeting. Looking at the rally since the start of the year, Gold said that he sees more long-term interest in precious metals.

    “Overall we see broad-based support for all precious metals and I think it is more than just a speculative position,” he said. “We have seen a stabilization of investor interest. A lot of the speculative money has been washed out of the market.”

    Although equities remain near record highs, cracks are starting to appear in the marketplace as momentum weakens. Tuesday, the Down Jones Industrial Average and S&P 500 Index saw their first 1% drop in five months.

    “There is a need among investors to diversify, especially where we are with other asset class options,” he said.

    Gold noted that the equity market has not seen a bear-market correction in more than eight years and there is an increasing probability that a correction is quickly approaching. He explained a lot of the sentiment of strong economic growth grew after Donald Trump won the U.S. presidential election is starting to fade as investor questions whether or not he will be able to deliver his lofty promises.

    “I think the markets are underpricing the risks of delays in tax reform, deregulation and fiscal spending,” he said. “I think investors are starting to look to hedge against these risks.”

    Gold said that another factor he think’s will be attractive for investors is gold’s recently low volatility. The Gold Volatility Index last week hit historic 20-year lows and while volatility has pushed higher is still under historical averages. Thursday, the Gold VIX ($GCV) was trading around 12.4, compared to the historic average around 18.

    “I think gold’s current low volatility makes it an attractive asset for investors looking for an alternative risk hedge,” he said. “You don’t want to be in the market when volatility is high.”

    By Neils Christensen
    For Kitco News

    Contact nchristensen@kitco.com
    Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure

  22. says

    Wow!

    Lady Bird is Hot today!!!

    Another 9% of total available just sold.., better get’er while you can…!

  23. says

    Jump’n Jeepers!

    My Baby is on 🔥 tonight!

    10% of my fair Lady just sold!

    Yep, another ‘1’ for the W column!

    You Go Girl!!!

  24. says

    At this rate, Lady Bird will be sold out by October!

    Is this the BIG Sell Off we’ve been waiting for???
    No wait, that’s the stock market I’m thinking of, wrong blog 😉

    Just for kicks, I predict a Ford UNC sell out in 2018. Cag, you throw down on that bet?

  25. cagcrisp says

    @KCSO, “Just for kicks, I predict a Ford UNC sell out in 2018. Cag, you throw down on that bet?”

    Winter 2018 or Spring 2019. The last 6 non Roosevelt uncirculated averaged 1 ,963 sales.

    Currently the uncirculated Ford is at 1,579.

    …SO…An additional 384 sales to go.

    I see ~ 4.20 sales /week going forward.

    …SO…91 weeks from now we should see the End of Ford uncirculated…

  26. earthling says

    So spill it. Anyone get any Proof ASE’s today? I used to buy 30 or 40 every year – but …. habits go away sometimes.

    Got 8 orders in with Moonlight Mint since November. Don’t spend much with US Mint anymore.

  27. Dustyroads says

    earthing,

    Nothing to spill. The ho hums are out in force it seems. No Krugerands, no rounds, no bars, it must be five o clock somewhere…

  28. Dustyroads says

    There seems to be a lot of people interested in the Krugerrands. Are they a staple for many coin collectors?

  29. Phil says

    I’ve been a coin collector for 40 years and I just don’t get it. Why would these two people pay nearly two grand for the 225th? Do they think it’s going to sell out? Are they afraid of the US Government? And why are 49 people even considering paying this much. Can someone please explain this. Even if you don’t live in the US it makes no sense to me.
    http://www.ebay.com/itm/2017-American-Liberty-225th-Anniversary-Gold-1-oz-Coin-MINT-SEALED-FIRST-STRIKE-/352002678932?hash=item51f4fea094:g:hUMAAOSw4A5YxBRK

  30. So Krates says

    “Got 8 orders in with Moonlight Mint since November.”

    Wow, I should ask Dan for a referral fee

  31. So Krates says

    Phil, one reason may be that eBay offers a better method of payment for that buyer, i. e., PayPal.

  32. KML in KY says

    Earthling, I didn’t buy any. I used to buy them every year years ago. Last year I bought some due to them being a one year type with the edge lettering but the quality of the batch I got was the worst I’ve ever seen.

    I wish they would do a special 225th anniversary ASE set with an enhanced uncirculated coin. I think the 2013-W enhanced uncirculated is the most beautiful ASE

  33. says

    @ Phil – you ask some good questions, & I’ve often wondered the same as there’s a trend over the past few years on these new releases.

    I think there just a very minute group, and I’m meaning like less than 12 people, that will buy on eBay and incur a hefty premium prior to a release to avoid having a credit card on file with the U.S. Government.

    Could be due to privacy concerns of the ultra wealthy or the coins could find their way into the drug game.

    Whatever the reason, the buyers probably don’t view $2,000 the same way you or I would…

  34. says

    KML – I’ll second that, on both accounts!

    The ’16 ASE quality was the pits, and now that’s spilled over to the ’17 AtB Silver Qtr sets in which I’m returning a couple that I had planned to give as gifts because the quality sucks.

    I’m glad to see more sealed ’13 ASE sets surfacing on the bay, I’ve picked a couple more up, I just love that enhanced ASE.., which has surprisingly held its premium, to my detriment anyway.

    If they do another Enhanced Eagle, a set should be done with the other ASE being a mirror reverse of the Enhanced, just flip the frosting contrast. Bam! Would look amazing!

  35. says

    Silver Krugerrands –

    MCM has available 2178 available in stock on their website.

    Do you ya think they cut their available inventory for marketing purposes?

    Or do ya think someone came along and bought 5,000 coins at $58 a pop?

  36. data dave says

    Another over priced silver rarity. 2017 Proof Kookaburra for $170 (combined in a set with a UNC version for $200). Only 1000 made. Who buys this stuff.

  37. earthling says

    “Who buys this stuff ?”

    Ummmm……. let’s seee……hmmmmm…

    Shut ins sitting in a large castle somewhere? Elderly folks with too much money and too much time on their hands?

    Basically anyone with too many dollars and not enough sense . 😕

  38. says

    Certified Roll of 20 – 2017 South Africa 1 oz. Silver Krugerrand
    NGC GEM Specimen Early Releases (Exclusive Krugerrand Label)

    – a certified Early Releases roll, wow, now that sounds special, who buys this stuff.

  39. says

    The Boys Town Centennial 2017 Three-Coin Proof Set –

    Still has the imposed HHL of 2 remaining..,

    Why? Who knows, other than the mint is dreadfully slow to react to anything.

    If the ’17 HR has a low HHL, like of 1 or 2, expect the HHL to be around for a while.., & thus kill off any momentum it might have gained.

    After 12 January, or I should say, Lew’s & Jeppson’s departure, the mint appears to have lost all enthusiasm for the HR, it simply isn’t shown anywhere, not even the 225th Anniversary link works.., oh well, it may shape up to be a relatively low mintage wonder

  40. says

    Oh, your right, I didn’t do the math on, that’s horsepucky!

    Guess they think there’s rich dumb folks out there that collect Krugerrands, interesting.

  41. Erik H says

    In comparison you can buy 1 oz 2017 Silver Koalas for only $4 over spot and they only have a mintage of 300k vs 1 million for the Krugerrand. I guess labor cost in S.A. are through the roof and that’s why silver cost so much over there (or just greed on both sides of the Atlantic).

  42. cagcrisp says

    I Now see you can buy a roll of 20 ER Silver Krugerrands for the Low price of $1,450.00

    Nope , Nope and Nope.

    A roll of 50 for $1,450.00 for a ONE YEAR and DONE with a stated mintage of 1,000,000 would be OK…

  43. earthling says

    Buying bullion Coins might be the latest cultural fashion or fad to go mainstream. First you had preppers, stackers and whatnot buying in anticipation of a Dollar collapse. Now maybe there are fad followers that just want to follow the latest trend? Maybe they want to buy PM’s with no regard to value? That would explain the nutso pricing of the Ag k-rands. Marketing 101 says price it hi and there is a perception of exclusivity. Price it low and the perception is of low quality junk.

    I’m reminded of the PT Cruiser of over a decade ago. Here was an economy car in short supply. Soon everyone wanted one so bad Dealers were selling at $3,000 over MSRP List. This was a cheap ECONOMY Car. It got turned into a HOT FAD.

    A text book study for Marketing Students.

  44. bobo says

    The Boystown gold commems are not shown under the USMint’s ‘gold coins’ tab. You can only find them if you go to the commemoratives page. That might account, in part, for the dismal showing so far.

  45. earthling says

    This could be a good thing. If in December the total is some crazy low number like 1400 – the Mint could do a Last Chance sale and sell 10,000 in a couple days.

    😉

  46. earthling says

    Currently I’m sitting on a good pile of 1917 Peace Dollars (6) and 2 ounce “Hard Times” Peace Slugs (6), 1964 Morgan’s(6), various Gold , Silver, and Paladium Clark Gruber Colorado Pieces (5)- all from my ordering frenzies at the Moonlight Mint.

    I feel good about these beautiful works of craftsmanship. Have I recaptured the awe of a 7 year old Coin Hunter? I think I’m really close.

    I’ve sent a lot of money away but….. I’m getting joy from looking at all these new/ old pieces.

    US Mint stuff doesn’t do it anymore.

    Moonlight Mint ! Moonlight Mint ! Moonlight Mint !

    Think Trump could be talked into putting Dan Carr into Jepsons old job? That would be a cool move for the Coin World.

  47. Dustyroads says

    earthling,

    I still haven’t been won over by non-world mint offerings. I suppose you can call me a sucker for certified US products.

  48. cagcrisp says

    This is a post from the Mint’s FB page:

    “Stay tuned: we’ll be updating our Page Visitor Information and Policies effective April 3 following a review of our current terms begun this past August. You can find the updated Page Visitor Information and Policies in the “About” section on April 3.”

  49. felson says

    I received my proof Queen’s Beast Lion… wow… really well done! Packaging and enclosed brief on the artist and the history of the Beasts was excellent. Over priced but … sometimes you have to pay to play.

  50. Barry says

    @felson- Congrats on your QB Lion proof purchase. I really like the series and plan to get all the designs in silver (maybe gold issue or two) and maybe pickup a proof. I’ll see how things go. Cheers.

  51. Tom P. - MA says

    I was thinking the other day about how overpriced the Krugerrands were at $59 a pop. Then I saw the announcement of the ASE proof version at $54 a pop. One I won’t buy because it’s overpriced, yet I will probably buy the other one … out of habit. Illogical, yes.

  52. KML in KY says

    Numismatrix,
    That’s too much over spot for me.

    Earthling,
    I buy mostly US Mint coins but I have a 1964 Peace Dollar and 2 1964 Morgan Dollars from Moonlight that I really like. I also last year bought 5 of the French Statue of Liberty 130th Anniversary silver medals from MCM. It was an impulse buy that I justified because I had an offer for 10% eBay Bucks. I sent them to NGC and got 4 MS70’s and 1 69.

    I’m in a situation right now where I need to get some money together and I sent some extra coins to Great Collections to sell for me. Among them were some certified 2015 National Parks commems. The MS70 golds made their “Hot List”. I’ll let you all know how they do. The modern coin market kind of sucks right now and I would be OK with just getting my money back on the coins I sent to GC but a little more is always better.

    If the coin market does not improve sometime before I die I hope PM’s go up again like they did in 2011. I will sell a sh*t load of coins then. History doesn’t always repeat itself but sometimes it rhymes. At this point I’m not in a hurry.

  53. says

    Now Ms. Jackie is on 🔥

    …but then again, she’s always been smok’n hot!

    Jacqueline Kennedy 2015 First Spouse Series One-Half Ounce Gold Uncirculated – 96 Item(s) In Stock

    It’ll be interesting see if she’ll surpass Lady Bird whose stuck on unlucky # 9

  54. says

    It’s twice now that this one has gone CU/BU.., mint must have been not so pleased with the number of ’16 Comms that had to be destroyed and throttled back on the ’17’s

    Lions Clubs International 2017 Centennial Proof Silver Dollar

  55. cagcrisp says

    @KCSO, Thanks for the update

    96 items vs. 9 items

    Predictions

    1. The 96 Jackie will SO before the 9 Lady Bird will SO
    2. In 50 years , even with Higher Mintage, Jackie will be worth More than ANY of the other FS coins
    3. Why? Because in 50 years there will be MANY MANY modern Gold coins with MUCH lower Mintage than Roosevelt …
    4…And by then Everyone will know that Low Mintage without Demand means Nothing on the Secondary market…

  56. cagcrisp says

    @KML in KY, “The modern coin market kind of sucks right now”

    Yep Yep and Yep

    PCGS has 10 price grid “Indexes” that I follow.

    Of the 10 Indexes, the WORST of the bunch is the Silver and Gold commemorative Index.

    As of Friday the Silver and Gold commemorative Index is DOWN 25% for 2 years and down 33.5% for 3 years.

    And If someone thinks I cherry picked the Dates, of ALL 10 LIFETIME Indexes , the Silver and Gold Commemorative Index is LAST…

  57. cagcrisp says

    In my Above post the “2 years” should be “1year”

    The Silver and Gold commemorative Index is Down 25% in 1 year…

  58. HarryB says

    OT: @KML in Ky: I recently disposed of my US Mint Modern Gold Commerative graded collection, offering the entire collection as one lot. I will not sell coins on eBay, so I sent lists to many of the big dealers who advertise in Coin World, and used the Silvertowne market indicators to evaluate the offers I received. Sad is the best adjective I can use about the current market for the commerative market. Sellers like MCM declined to make offers, others wanted to see the coins before making offers, even though I provided NGC certification numbers. The only reason I did ok on cost recovery is that I had bought all back dates in 06 and 07, so the spot value had appreciated. sufficiently. I actually got a little over spot for the common dates, and felt blessed. Harry

  59. Erik H says

    Hey David, I have a good friend that tells me all the time that there are way too many stupid people in this world. After reading your post I had to see for myself what people are paying for this chunk of silver. Well, maybe it’s time I flip a few Krugerrands before all the stupid people run out of money.

  60. says

    Harry – thanks for sharing, I’m disappointed to hear your experience.

    I’m assuming you graded coins were 70’s, if so, I’m curious as if any dealers seem inclined to pay any premium for the grade? Any discussion at all?

    Also, did any dealers provide anything insightful as to why they were not interested in the Comms?

    Thanks, better luck next time!

  61. HarryB says

    @KCSO: I had a complete set in NGC 70 and a few duplicates in 70 and about a dozen 69 graded duplicates. I offered them as one lot. The key coins brought 2x spot, the common $10 coins brought 1.5x spot in 70, and the common $5s brought $20 over spot. A few like the Robinsons and the Baseball coins did quite well, I was disappointed in some of the bigger sellers offering spot minus $20 for most of the lot. I consider myself blessed to sell the coins. I guess I will sit on the OGP commeratives for a while as well as the P 5oz ATBs and Platinum ASEs until the spot market moves up some.m

  62. earthling says

    My prediction on the future of the First Spouse Series …. folks will quickly identify them as .5 Ounces of .999 Gold. No regard to the First Lady on the Coin. The value will be some %’ age of spot.

    * unless it’s the Betty Ford Coin – which people will refuse to buy. 😁

  63. Old Big Bird says

    Just received my 5 American Eagle Proofs. And for the first time I had damaged lenses on two out of the five.
    On the obverse side there is a chip in the lower edge. As I said I have not seen this before on the Eagle’s.
    It is a strange place to have damage. I know some people who keep boxes unopened. Well 2 out of 5 are not good odds in my view. I always open and inspect my items.

  64. Dustyroads says

    Old Big Bird,

    It’s too bad you can’t just ask for new capsules. I called the USM just before this post and asked about your problem, and yes, you will have to send the entire order back.

    I think what happens to the capsules is that they are misaligned for a variety of reasons when the automatic press closes them tight. That would be the reason why you have two which are broken. You probably will not have the same issue again.

    By the way, I’m beginning to wonder when the Mint is going to pull Shawnee.

  65. cagcrisp says

    Gold AM Fix $1,256.90

    IF you get a PM Fix in the same price range then you have made up the complete stagger from Thursday and Friday…

    …And…You have Game On for $1,690 .00…

  66. zephin says

    Thanks Cagcrisp…. Dang that’s a lot for 1oz of gold…. But I want one so bad 🙁

  67. felson says

    You probably didn’t want it as much as they wanted this one.

    “A massive gold coin worth millions of dollars vanished from a museum in the middle of the night, police in Germany announced Monday, saying a team of thieves managed to steal the 221-pound currency before cops could arrive.”

  68. Old Big Bird says

    @ Dustyroads – thanks for your input. I already have my return label and going off to the UPS store.
    It is just a shame that the USM can pay for return shipping and then free replacement shipping.
    That is just a waste of money and of course my time. I have been ordering AES for years and never had this
    problem before.

  69. earthling says

    Lady Bird Proof – 8 Left

    Jackie Kennedy BU – 93 Left

    Finally , a challenger to the 1999 Proof Susan B Anthony’s – which lingered for years before finally selling out.

    These First Spouse Gold Coins are all about historical figures.

  70. 1958 Chevrolet Bel Air says

    I wonder what will be the next coin series once the silver eagles are discontinued?

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