Silver eagle's PROOF'S OR NOT ?

Thank you I will check in to AMPEX !

 

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Yes, a very good deal. Did you get the presentation case and coa? Are you weighing your coins that you buy from a second party? I can't stress that enough because people have been taken. Some are from China and Canada. All ASE should be the same weight, regardless. Not even one tenth difference.

 

I like the look of Silver Eagle proofs and you can get them cheap depending on where you buy them, I have seen them for $35 each on Ebay. I think that if you want to collect them then collect them.
Good luck with the collection.

 

Thank you & GOD bless !

 

No one sells SAE proofs for $35 dollars, that in itself is a red flag. If it sounds too good to be true, it is. Go to a US Mint trusted dealer. Sorry, I rather have peace of mind when collecting, than looking for a bargain. I can't see someone selling an ASE proof below the value of the coin which is at least $48.00. Did they say it had a certificate of authenticity and presentation case? Did it say whether it had any flaws? With ASE's this is important because the beauty of the coin is so flawless that any imperfection takes away the value of the coin. EBay is good for some coins, but when it come to specific coins I tend to go where the mint does business with.

 

I disagree! You can go back 40-50 years and find dozens of Mint products that are now selling for less than what the Mint originally charged.

Chris

 

http://www.ebay.com/itm/2014-Americ...077?pt=LH_DefaultDomain_0&hash=item339d0a452d

 

Oops, sorry. Double post.......

 

For $35-$40 you can get proofs, normally just in their plastic capsule without COA or packaging
I saw one yesterday sold on Ebay for that much, here are two. Even one Buy it Now.

http://www.ebay.com/itm/201263807295?_trksid=p2055119.m1438.l2649&ssPageName=STRK:MEBIDX:IT

I see a lot of mis-handled proofs around $25

Here is an auction for $25
http://www.ebay.com/itm/1997-S-Amer...71581?pt=US_Bullion_Coins&hash=item23453b54bd
http://www.ebay.com/itm/1997-S-Amer...71581?pt=US_Bullion_Coins&hash=item23453b54bd

 

I'm sorry........this example is a regular mint state item. The auction heading threw me a curve........

 

When I see a proof selling for twenty five dollars, that in itself is a red flag. Proofs should come with their original coa and packaging. That is how they are sent from the Mint. So why would anyone sell it without packaging and coa? The reason? They are likely fake. If you buy one, weigh it proofs all weigh the same down to the minute gram.

 

If you got the packaging and the coa, I would say yes. They were going for $139.95 each.

 

Not the silver, gold, or platnum.

 

Another brown-eyed coin collector.

Chris

 

Nasty remark Chris. Not nice at all. Did not appreciate your nastiness at all.

 

You're right! I apologize for being mean, but before you make inaccurate statements, do some research.

Chris

 

There has been an article posted on buying coins that stated my views eloquently. I stand by my views. The name of the article is "How to buy US coins and not get victimized.

 

There are a lot of people who write articles for pay, and not all of them are accurate. They often use data to support their view while excluding data that doesn't. Try looking at Grey Sheet bid/ask prices as just one example that refutes the data of your author, whomever that may be.

For what it's worth, the last time I bought a large group of Proof SAE's, I paid $308 for 30 pieces spanning 1986-1999. That's an average of $10.26 each. All of them included the OGP and COA. Guess where I bought them? It was the B&M of a reputable dealer in Las Vegas. If I recall correctly, the going price at the time from the US Mint was about $29.00. This certainly would not support your premise that the going rate for a Proof SAE is $48.

Chris

 

1. How many years ago did you buy the coins? 2. Have you weighed the coins? 3. If you actually purchased them at that rate and they are genuine, the seller was unaware how collectible the coins are. Proofs at $29.00? What year did they sell at the US Mint for $29.00? The 1995 American Silver Eagle is the most sought after and you paid $29.00? I hope you have not been had. Have you examined each coin for purity? Recently the Canadian government arrested a counterfeit ring for silver eagles.