Are American Silver Eagles easy to sell in other countries?

Discussion in 'Bullion Investing' started by Gam3rBlake, Feb 10, 2021.

  1. Gam3rBlake

    Gam3rBlake Well-Known Member

    Does anyone happen to know if American Silver Eagles are well known around the world and respected?

    Like if I took my ASEs to a bullion dealer in Britain, Germany, Italy, Spain etc., would I have trouble selling them?

    Or is it just as easy to sell them abroad as here in America?

    If anyone currently lives in another country I'd love to hear about any experience with ASEs with your bullion dealer.
     
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  3. Evan Saltis

    Evan Saltis OWNER - EBS Numis LLC

    I mean at the very least melt. Don't know anyone who wouldn't be interested in its bullion value. Just like you can get Australian silver, or literally any other country here in the US.
     
  4. Gam3rBlake

    Gam3rBlake Well-Known Member

    I guess what I mean is if they would get any sort of premium over a generic silver round due to it being minted & backed by the US government.

    I was hoping to do some trading ASEs for Perth Mint Kookaburras when I go to Australia but if they are worth less there than here obviously that would be a bad idea.

    I was hoping maybe they’d take a tube of 20 ASEs for 18-19 Kookaburras (they gotta make some profit afterall).

    Both are 1 oz of silver so for them they’d be trading 18-19 oz of silver for 20 oz of silver.
     
  5. JayAg47

    JayAg47 Well-Known Member

    In Australia,
    Kennedy 90% always goes more than twice its melt value, whereas you can't find a walker/Benji/Barbar half under 20 USD!
    Morgan/Peace dollar on average can go for 30-35 USD, even a common date coin,
    ASE can't be found under 50 USD, at least with private sellers and ebay, I was lucky to grab a silver eagle for 30 usd last year at a show, only for the novelty, as it's not feasible to stack them compared to Australian bullion.
    All other American junk silver carries a premium compared to Australian pre-decimal silver coins
    All 19th century American coins are sold at prices the seller wants.
     
    Last edited: Feb 10, 2021
  6. Gam3rBlake

    Gam3rBlake Well-Known Member

    Wait so American coinage is worth more in Australia?? O_O
     
  7. JayAg47

    JayAg47 Well-Known Member

    Yeah, but I'd say your 'constitutional/junk' silver are more popular and in demand mostly because of the art and history compared to your standard bullion, as we certainly make more varieties in that regard :p
     
  8. Gam3rBlake

    Gam3rBlake Well-Known Member

    So stuff like this might be better to trade for Kookaburras?

    40% & 90% JFK Halves I got from my bank when I bought rolls of halves.

    My best find ever! ^_^

    I paid $150 for 300 (face value) and basically got like $1000 worth of silver xD

    9A670B21-6602-4B8E-8533-C112E35A0AFF.jpeg
     
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  9. JayAg47

    JayAg47 Well-Known Member

    Even though the 40% Kennedy halves carry a premium here (sells for around 6-7 usd), people would still hesitate to trade kookaburras for a bag of these 40%ers, however I guess the 90%ers won't have any problem.
     
  10. Gam3rBlake

    Gam3rBlake Well-Known Member

    Hmm do you know if American gold coins are in demand? Like the pre-1933 gold coinage?

    Im just trying to determine what would be best to trade for the Kookaburras.

    Sadly I don’t have many 90% JFKs as most are 40%. I wish I could just melt them down into a silver bar .999 fine.
     
  11. JayAg47

    JayAg47 Well-Known Member

    definitely!
     
  12. Gam3rBlake

    Gam3rBlake Well-Known Member

    Nice! Even the common date stuff?

    I don’t have any key dates or varieties but I do have MS graded stuff.

    Like this: 1928 Gold Indian Head $2.50 quarter eagle MS61 PCGS.

    7049DF3E-B5AA-4B46-B60B-A798CAF6B4AE.jpeg
     
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  13. JayAg47

    JayAg47 Well-Known Member

    I'm not sure about the rate of gold coins, but a quick search on ebay Australia has it going for more than in ebay.us, for the same grade.
     
    Gam3rBlake likes this.
  14. Gam3rBlake

    Gam3rBlake Well-Known Member

    Ohh you meant if I actually sold it myself in Australia..

    I was planning on going to a bullion dealer to get the Kookaburras and trading with them xD.

    Like BullionNow in Melbourne.

    I figured maybe they would take the 40% JFK Half Dollars since they can always send it to the refinery to be melted down so it does make sense for them to buy them if they can get the right price. Or trade for them.
     
  15. JayAg47

    JayAg47 Well-Known Member

    Alright, If you go to major dealers like them, then they will only buy it for the melt value, probably bit more for graded coins, but definitely not as much as private dealers/buyers!
     
  16. potty dollar 1878

    potty dollar 1878 Well-Known Member

    If your looking to sell/ most money regular people seem to pay the most they really don't put a limit on themselves and often overpay.i have sold coins/silver lots before worth around $100 on offer up where as a dealer/shop would probably buy for %30 less.
     
  17. Gam3rBlake

    Gam3rBlake Well-Known Member

    Melt? Really?

    I could’ve sworn someone on the forum told me that $2.50 Indians had a bit of a premium. Especially MS graded.

    APMEX actually offered me $1,004 for an MS63 $10 Indian Head Gold Eagle which is more than melt.

    Keep in mind I’m only going to Australia for vacation so it’s not like I could put it up on EBay. I won’t even have a car or a mail box in that country.

    Maybe just paying cash would be the smartest move for the Kookaburras.
     
    Last edited: Feb 11, 2021
  18. Gam3rBlake

    Gam3rBlake Well-Known Member

    But I’ll only be in Australia for a week on vacation so it’s not like I can wait around for bids.

    I’m just trying to trade to pick up some Kookaburras while I’m there.

    I love Kookaburras! :)

    The Perth Mint is one of the best Mints in the World imo. They always put out very high quality products. I weighed at least 20x 1 oz silver coins (multiples of each country) from different countries and Australia always had the heaviest coins.

    Maybe cash would be best?
     
    Last edited: Feb 11, 2021
  19. midas1

    midas1 Exalted Member

    Google "Australia coin forums" then ask your questions in that forum.
     
  20. baseball21

    baseball21 Well-Known Member

    Do yourself a favor forget about trying to do trades and just enjoy it there. It's beautiful with the beaches and weather. I've been there a few times. You can go to a coin store anywhere, plus anything you bring or trade for you're going to have to declare in customs, hope it doesn't get stolen by bag handlers or confiscated by customs, may or may not have to pay taxes on depending on what you get how much etc. Just order a bunch off eBay or from a dealer if that's what you want it's much easier and will avoid a lot of hassle
     
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  21. Gam3rBlake

    Gam3rBlake Well-Known Member

    I don't really like Ebay.

    I've seen all kinds of Youtube videos about people who bought silver & gold coins/bullion on Ebay and they turn out to be fake.

    But I just figured maybe Kookaburras would be cheaper in Australia and kind of a cool souvenir to pick up when I visit.

    I'll probably just buy them with cash rather than do a trade.
     
    Last edited: Feb 11, 2021
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