Worn silver eagles?

Discussion in 'Coin Chat' started by Steamandlight, Aug 5, 2016.

  1. Steamandlight

    Steamandlight Active Member

    Anyone have any worn silver eagles, or other silver bullion rounds, they can show pictures of? Just interested to see how those would look. Most of my favorite coins, strangely enough, are ones worn almost completely smooth. I just like how they look.

    Not damaged or bent or severely nicked, just worn.

    Thanks in advance, if anyone can show some!

    Bonus points, if anyone has any worn GOLD bullion rounds! Lol.
     
    brandon spiegel likes this.
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  3. wcoins

    wcoins GEM-ber

  4. Truble

    Truble Well-Known Member

    Why in all that is holy would a ASE be in that bad of shape? And two, if wearing down a ASE to get the lowest grade possible and sell it for $495 is all it takes then I have some work to do this weekend! Also, the claim is that it is a population of one!?! Not after this weekend.

    I hope no one is that blind to spend $495 on one crappy coin, the ones I'll make this weekend will be selling for half that price. Spend the $495 on a full roll of ASEs.

    Of course all my comments were sarcastic, I would never damage a ASE in that manner, just wonder how it got that bad.
     
    ldhair, charlietig, Insider and 2 others like this.
  5. wcoins

    wcoins GEM-ber

    It was a pocket piece I guess. It takes years to get in that bad of a shape. Post a picture with your weekend project :)
     
    Truble likes this.
  6. wcoins

    wcoins GEM-ber

  7. NLL

    NLL Well-Known Member

  8. Cascade

    Cascade CAC Grader, Founding Member

    If it is a registry top (low) pop. Its worth quite a bit more than $20. Don't know about $500 but those registry guys can and do pay up
     
  9. Insider

    Insider Talent on loan from...

    No joke. I know one famous numismatist who loves his collection of Fair and Poor Type coins. I've also seen one happy collector showing off a group of ICG slabbed Fair and About Good Peace/Morgan dollars and two gold coins at the FUN Show.

    Collectors like this support a booming "secret (?)" market for pocket pieces and culls many of us would consider to be junk! An trust me when I repeat the FACT that a worn silver/gold coin of any kind is worth far more than melt.

    @Truble I'll bet in the future many of these SE will be around. Shave one down, round the edges, and smooth in a pocket or some mechanical/canvas contraption for a few months and $$.
     
    Alegandron likes this.
  10. Steamandlight

    Steamandlight Active Member

    Hmmm... thanks for the picture. :) Anything closer to completely worn? Practically just a disk of silver, with a hint of shapes, is what I am looking for... thanks, though! I appreciate the responses :)
     
  11. Steamandlight

    Steamandlight Active Member

    I just love the look of super-worn coins lol. Far more than MS stuff. I have a small collection of them - although I'd never slab them :p
     
    Insider likes this.
  12. medoraman

    medoraman Supporter! Supporter

    I agree there indeed is a market for low end coins. A friend of mine was ahead of his time I guess. He could have made some serious money. He always carried a pocket piece on him, having to replace them every few years as they wore down to unrecognizable. If he would have stopped before the date disappeared he could have made good money for his effort.

    Btw, you would be surprised how quickly pure silver will wear down. The 10% copper gives it tremendously more strength. Pure silver will wear down to VG I bet in a year or two as a pocket piece.
     
  13. green18

    green18 Unknown member Sweet on Commemorative Coins

    I'll post a picture of mine (pocket piece) when Photobucket gets done loading.........
     
    Steamandlight likes this.
  14. green18

    green18 Unknown member Sweet on Commemorative Coins

    [​IMG]

    [​IMG]

    Cripes, Photobucket is annoying. It took me the better part of an hour to load the site and it's still running slow.
     
    Alegandron likes this.
  15. Alegandron

    Alegandron "ΤΩΙ ΚΡΑΤΙΣΤΩΙ..." ΜΕΓΑΣ ΑΛΕΞΑΝΔΡΟΣ, June 323 BCE

    Marketing 101.

    I personally think the guy listing the coin is brilliant.

    Folks have become so enamored with having their coins slabbed, that a see a whole sub-market growing with types of slabs, slab covers, slab holders, everyone worried about rating numbers, etc. Taking a pocket piece and slabbing it, and GOING for the LOWEST rating is great! He was probably disappointed with a high number of an 8! And, he may had wanted a LOWER rating! Come on: ROUGH estimates: $20 for the coin, $30 slabbing = $50 (or EVEN if it were $100 total), just to get the LOWEST rating, then MARKET it? LOL, good job and a wonderful play on all the folks that HAVE to have everything slabbed!

    Ah, the slabbing craze has moved a wonderful industry from the HOBBY of Kings for the last 2000 plus years, to a COMMODITY business in the last 20 years.
     
  16. Santinidollar

    Santinidollar Supporter! Supporter

    I'm not going to criticize collectors who want a low ball registry collection since I would take high offense if they criticized my collection. Each to his own. But go check out Heritage and other auction sites. The low ball business is booming!

    The downside, I fear, is that cash-strapped collectors who want a worn coin to fill out their set may be locked out. One young collector here recently ran into that conundrum.
     
  17. -jeffB

    -jeffB Greshams LEO Supporter

    I must be doing something wrong. I carried one around for several years -- in my pocket with my keys, in a back pocket with other coins -- and it showed barely any wear at all. It wasn't nearly as worn as @green18's example. I finally gave up because I was tired of making so much noise when I walked. :rolleyes:
     
    Kentucky likes this.
  18. medoraman

    medoraman Supporter! Supporter

    My friend got a regular Ike, (most likely AU), and had one worn down in 3-4 years.

    Maybe he just rubbed on it more than normal. I have no idea. I have never really carried a pocket piece for any length of time.
     
  19. -jeffB

    -jeffB Greshams LEO Supporter

    Funny, an already-worn Ike was one of the coins I was carrying with it. A worn (maybe VF?) 1972 Ike, a worn (F-VF) 1972 Kennedy, and a worn 1972 quarter. Didn't see much change on any of them. I might just not have enough dirt in my pockets, or maybe I didn't spend enough time jingling them. I was starting to think about putting them in a cloth or leather pouch and putting it into some sort of tumbler...
     
  20. Kentucky

    Kentucky Supporter! Supporter

    Perhaps Doug @GDJMSP will grace us with his pic of his pocket piece gold ouncer.
     
    NSP likes this.
  21. NSP

    NSP Well-Known Member

    That 1991 ASE is pretty cool. In fact, if I had to choose between that one and a boring ol' uncirculated one (and if the prices were the same, of course....) I'd probably choose the really worn one just for the coolness factor!
     
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