2011 W versus S American Silver Eagle

Mint and Ngc&Pcgs are the only ones so far to be making money on a mint mark that not on the coin.I wonder what P T Barnum would say.
:kewl:

 

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I think you mean his competitor, David Hannum. IMO, people should buy/do what makes them happy. TC

 

I agree 100% buy what you like TC!:thumb:
I just thought it was funny that a ASE without a mint mark was being grade as it had one. maybe next year a Philly minted ASE???:devil:

 

There probably will be more San Fran coins with an eye that looks like that. But then you'd need to verify that none of the eyes on the West Point ASE's are similar to it.

For now, people could look for the eye on the WP eagles, because if any match the SF eye it would nullify the theory in a hurry.

 

I was thinking the same thing. I thought only the proof ASE's had a mint mark. I wonder how many will be made in San Francisco? Perhaps the ones that wink at you.

 

If anyone has any 2011 bullion ASEs, please post pics of the eagle's eye on the reverse for comparison. Thanks, TC

 

Since the mint didn't figure on it, I wonder how easy it would be to change the strap to read San Francisco or for the TPG to ignore the strap for their biggest customers? Maybe they have a "Strap sniffer" to tell the alteration. My we have certainly started trusting the TPGs. So if a second level TPG says theirs is early release "S" mint...........

 

I would seriously doubt that either PCGS or NGC would risk their business reputation by intentionally deceiving the coin collecting public like that. As far as the strap goes, I would bet that monster box submitters need to provide paperwork documenting their actual purchase from the US Mint as well. The San Francisco mint is only producing these coins for a limited timeframe this summer. TC

 

Maybe I am wrong, but it seems to me that up until the "early" or "first strike" S action by the TPGs labeling, there was no US issue that only the TPG could say it was a "S" mint coin no matter the expertise of the collector. I guess it is because it is a bullion piece and not an actual coin issue. Anyway, I apologize if I have offended anyone.

jim

 

Jim: I do not think you offended anyone, and you definitely did not offend me. I agree with everyone who has stated that these TPG designated S-less ASEs are ripe for deception in the aftermarket. I just doubt that PCGS or NGC would do so. Other than coins issued in special collector sets (i.e., 2000 Millennium set, 2006 20th year anniversary sets, etc.), I am not aware of any other time TPGs have done this type of special labeling at this scale. Not sure what the future holds for these. I may be the only person who has bought one, but it was only $55. BTW: I sort of made a game out of it for my son. I asked him to look at my 2011 bullion ASE and the S-designated 2011 ASE and find a difference. He found the difference in the eagle's eye and was proud of it. That time we spent on it was well worth the cash outlay. TC

 

2011 (S) 1oz SILVER EAGLE SAN FRANCISCO MONSTER BOX !!


$ 21,975


Anybody want to split a box ?

 

You weren't any more offensive then me. Wait a second....maybe I was offensive? Me? Nah, perhaps a little impudent (me that is). Possibly. Perhaps a little cynical? Most definately.....

 

If we can find 21,975 guys we only gots to kick in a buck apeice.....

Wait a second. That ain't gonna work......

 

HaHa, there is only 500 ASE's in the box :dead-horse:

 

Well, my picture isn’t as nice as Topcat’s, but here is a picture of my ASE 2011 minted at the San Francisco Mint – graded by NGC as MS69.

 

Thanks for posting it. I cannot tell from your pic whether the eye looks like my first or second pic. Can you take a look at it under a loupe or microscope and let us know if its the caffeinated or winking eagle eye. TC

 

You're not alone my friend, should receive today or tomorrow, will post closeups...

 

OK, dug a 2011 out of my Dansco. Got it just this past April so it's definately not SF......

 

This thread has only convinced me that the West Point product is better struck (superior).

 

The label with an "S" mint in 2011 for collectors that had not gotten it when they were available will become a hole to fill in their collection later.

The strike and quality may become irrelevant once the holder becomes sought after.