Silver eagle's PROOF'S OR NOT ?

Loose VF-XF grade Morgan's not even slabbed sell higher than bullion. Even 1921's do. On ebay they generally sell $21 to $22 a piece. Peace Dollars usually $20. They have about $14 in silver right now.

 

Log in or Sign up to hide this ad.

Give me a break! It was in 1999, but that's irrelevant. Yes, they were authentic, and the dealer was not some flunkie in a flea market. No, I didn't need to weigh them. I've been collecting coins since 1957. Take a look through the Grey Sheet, and you can find plenty of listings that sell for less than their original price.

For your information, the 1995-P Proof SAE (438,511) is not the most sought-after. It is the 1995-W Proof SAE (30,125) which was a bonus coin in the 1995 4-piece gold set.

Like I said before, you need to do more research before you make any such assertions.

Chris

 

When did your purchased the coins? Have you weighed your coins? The Canadian authorities set up a sting and caught the perpetrator who was selling eagles for the price you paid. They also produced a video to show exactly what to look for. I have been collecting ASE since 1986, and 1995W is considered the most prized selling for over two thousand dollars. Honestly, I think you have been had. The prices you are quoting are for bullion not proofs.

 

Sorry but Chris is correct. You do understand that the mint also made a Proof 1995-P? I have never seen a fake Proof ASE. The chances of buying one is very low. Chris would spot a fake in one second. So would I. Your pricing is way off.

 

They exist and are sold in bulk from overseas. The chances are not insignificant.

 

Those ASE's that the Canadians snagged were laughable and quite obviously fake to any collector of the series........

 

Aye, but they were within tolerance and mixed in with genuine coins. This makes buying an entire lot of coins difficult without inspecting each and every one. (Which some dealers find too tedious.)

At least we know the manufacturer of the recent batch, now.

 

Are you talking proofs or ms

 

Both.

(At least the manufacturer.)

 

Could you show us an image of the fake proofs?

 

Sorry for the low-res image. I'll have a few up on The Black Cabinet by next month if all goes well and I'm able to obtain some samples. They come in all dates from 1986 to 2015 in both regular strike and proof and can most easily be told apart by the "stripes" among the stars on the flag, and Liberty's smushed face.

Made from thickly silver-plated copper cores, they pass weight, size, acid, and diamagnetic tests, although they do tend to be a bit thicker than genuine ASEs. They're all struck at the same factory, but widely available from a large number of Chinese resellers and trade houses. I'd rate these Dubay-3's.

 

I can't agree with this on proofs. MS, yes. If proofs fakes were significant, there would be plenty of images and threads about them on this board and others.

 

That fake stands out like a sore thumb. If Canadian collectors are being duped, then they should stick to coins with QEII on them.

Chris

 

A 95-W selling for over $2K. How much over? You need to go back to the books.

Chris