? on silver Eagles

I have a guy that has 16 1995 Silver Eagles in the orignal box with the velvet box inside of the cardboard box and the cert with it. If silver is 15.00 an ounce is 15.00 a fair price to pay him ??

I see them on E-Bay bringing much more pls explain why and what you feel would be a fair price to offer him.

They look brilliant spotless !

 

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15 bucks a piece would be a steal.

These are great coins that sell for a premium over melt.

 

I would think almost irregardless of the price of silver $15 is a good price for ASE coins as long as they are in good shape as you say.

 

they sound like proofs so yea thats a good price

 

Thats an awesome price. I usually see BU Silver Eagles going for a minimum of $17.00 these days, and proofs are a little higher.

 

Yea they are beautifull, they are in a round flat plastic tube inside a velvet box that is inside a cardboard box from the mint. They look like what E-Bay has called Cameo's.

I see them on e-bay for 90.00 I just wondered if theirs are different they look the same and are the same year 1995

 

Are these proofs? Individual coins or are they Business Strikes? I believe there is a difference in price. I have not researched them in some time.

 

This is what they look like

http://cgi.ebay.com/1995-Silver-Ame...s=65:13|66:2|39:1|240:1318|301:0|293:1|294:50

 

To answer the original question, NO, it is not a fair price. ASEs sell at a premium to spot, and rightly so. Get a few quotes from reputable internet dealers and offer something close to the lowest price you find. That would probably be fair.

 

Yeah, the 1995 proofs are one of the better dates. The "coin market" that comes once a month in Numismatic News lists them at $155.00. 15 bucks each would be a steal, literally.

 

Now I feel guilty, he is the one that said 15.00 each

 

ya, I hope you are not around reading this post, but running to buy these bad boys at 15 bucks a piece.

 

If they look like the link you posted they are proofs, and if they are in the original government packaging there should by a certificate of authenticity that will say so, along with the weight, mint, diameter, etc. If you look at the back (reverse) and it has a W, buy em' all and get yourself a new BMW with the profit.

 

I don't see how you can go wrong even if they aren't proofs.

 

I don't know. Is this a friend, or just some guy off the street offering you that price?

 

BUY>BUY>BUY>BUY. $15 a piece for 1995 ASEs!!! That is a steal. If this guy offered you them for $15, take them and run. You can turn around and sell them for tons more money! The Coin Market has these valued at $155 each! Even if you sold them for $50, you would be making a killing. Dang! Why can't this happen to me! :headbang:

 

The question was, what is a fair price. Of course there are many opportunities for collectors to steal from the less knowledgeable. The hobby, and the world, doesn't need those types. Hopefully, you aren't serious.

 

Thank you Cloudsweeper, for about the first sensible post in this thread. The question is, what is fair? And if it was someone I know offering me these prices, I would have to tell them what these coins are worth. I'm not judging anyone with that statement, just saying what I think is right. Now, if it were a coin dealer or an ebay seller offering these prices, I'd be more inclined to say buy them, because the seller should know better.

 

I, too, hope this is a joke. This is a great deal for you, horrible for him. The question I want to know is: How did this guy happen upon 16 1995 Proof ASEs?

1. Inherited
2. Stolen
3. Counterfeit

If inherited, I advise bidding at least 3x what he asked. He might have more coins and will be thankful to you. Plus, you'll still make a huge profit.

If stolen, nobody just has 16 of these without a VERY believable explanation as to how they were obtained. Anyone who would buy them to begin with would know their value. Even if he's strapped for cash, he would never offer them at spot. If his story doesn't make sense, get contact info and let the authorities do their job.

If counterfeit, weigh all of the coins! Make sure you know what you're potentially buying. Find a friend with more experience to help you.

And, on the off-chance this is another Puppa (or whatever his name is) post, well-played!

Regardless, best of luck and be careful!

 

Hell yeah, I'm serious.

Maybe the hobby needs to start educating people on learning to do their own research rather than trying to preach morals and ethics - leave that to mom and dad. If the seller did his own research, we wouldn't even be having this conversation. I am sick and tired of everyone hiding behind ethics and morals for an excuse. Go out and do your freaking homework. No one feels sorry for me when I screw up or sell at a loss. Why should I for them? Anyone on here who knows me, knows that I am a very honest and ethical person, but if someone OFFERS me 16 1995 ASEs for $15, I'm taking them and not asking any questions. This seller isn't doing anything unethical. He was offered these coins for a set price. He is doing the smart thing now and investigating how much they are worth and what he should pay. He just found out they are worth a ton more. How is that unethical. I should probably give this guy a job. Maybe the seller should do the same thing. If he doesn't care to investigate what he is selling then he doesn't care what he gets for them. Chances are this guy will be thrilled with $15 each. I say way to go Jackoranger! With any luck they won't be fake and say Made in China stamped on the side.