will overproduction of ASE hurt or help value?

i just saw this video and makes me think since i just started buying ASEs.
http://www.youtube.com/watch?v=yNfqxdOan64
production is being cranked up quadruple by the us mint since 1986, will this benefit or hurt value long term.

numerous mints are producing their own troy OZ rounds which attempt to compete with government mints.
will saturation of rounds, minted bars, and bullions affect demand of these goods unless there is world crisis or zombie apocalypse in the far future.

i am a complete newbie so please take it ez on me.

PS maybe value was not the word i was meaning to use, but compellability perhaps?

 

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ASE's are not bought for being rare. They are just turning silver into a different product. Producing more won't affect anything IMO.

What will affect prices of ASEs is only the price of silver.

 

The premiums will change IMO

 

The premiums are based off of the guaranty that the silver is what it is, that it is recognizable. Silver eagles are not rare, have never been rare, they've been minted pretty closely with demand.

 

i would say ASEs are not rare here in the good ol' USA, but i bet if i bring some to a third world country the Elite would pay a hefty price over premium. They do with comodities like Scotch whiskey and Nike gear and some other goods made in America.

 

Outside of the USA, the preference for PM is gold, not silver.

 

I think it will help the lower mintage ASEs, but won't hurt the higher mintage ASEs because they will always be worth melt or better.

 

+1 I agree wholeheartedly.

 

Actually, aren't ASEs produced to meet demand? If so, then I suspect there is no "overproduction". If they produce too many near the end of the year, I'm sure they can unload them for full price in the first month or two of the following year.

 

I thought they had to be rid of some way or the other (sell or melt) before minting/selling for the next year.

 

I'm not sure, since the ASE program is different than normal coins. With other coins, the usmint.gov site sells different years at the same time. For example, right now both the 2011 and the 2012 Silver Proof Sets are for sale.

It could very well be that they have to finish producing one year before moving on to the next year.

 

The mint is still selling 2010 cents.

 

Like we do for goods that are made elsewhere. Like silver Pandas and Italian shoes.

 

So . . . the Mint sells what they have until sold out? if so, then who are they ultimate consumers? Repeats? If repeats, then any numismatic value is decreased greatly.

 

I do not think Scotch whiskey or Nike products are made in America.

 

ASE should not have a numi value they are bullions' and their value IMO should be the spot price with small premium. Unfortunatly thanks to slabbing they have been turn into collectors' item.

 

Just like any coin.

 

The mint can only coin a certain year's coin in the given calendar year. They may sell these in the following year but generally the mint is very good about judging production for these bullion coins. They make them in batches and won't go too far ahead of projections.

 

Sounds like they have actuaries working on the numbers and probably come pretty close most of the time.

 

They base those number on numbers of order coming in from their network of distributors.