2021-W ASE Flying Eagle

It sounds like you’re getting a bullion coin, which doesn’t have a mint mark.

If you look at the OP’s picture of the reverse, you will see the W mint mark on the right side, under the wing. Previous issues had the mint mark on the reverse, as well.

 

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At first I didn’t like the new design, but seeing it in hand think it’s not so bad.

 

I like it alright but the old one wasn't broken so there wasn't a reason to try and fix it and they didn't fix it anyways, they just made it different. Will I buy one, I may, idk yet!

 

I have a newbie question - for anybody really, not just you Garlicus. It's just that your explanation got me wondering. When is a .999 silver coin considered bullion and when is it just a coin? Are proofs not referred to as bullion coins? Or is it just that legal tender coins aren't referred to as bullion?

Or is it just referring to what you intend to use the coin for?

I'm a little confused

 

This is the way they used to ship the Uncirculated Clad Half Dollars. I would think a one ounce proof silver would get more respect. This is my last year so I am not too concerned about further decline in quality.

 

They are both ‘coins’, in that they are both legal tender and carry a denomination, $1.
Collector’s versions, burnished and proofs, have a mint mark, and less are produced, usually 300k or less, while the ‘bullion’ version does not bear a mint mark and millions are produced.

 

Ilike both the old and new designs.

 

Am I a glutton? I ended up with 4 ASE-W, Type 2 coins. I don't really want or need all of them, but I am not sure how I want to handle them. I know my son (who is going to be 50 in October) doesn't need one. He owns a house in Georgia and 2 beach homes in Florida that he rents out as well as 3 daughters in college. I think I'm going to send one to my brother. Oh well! It's nice to have a problem like that.

 

Oh, by the way, I don't know if anyone else mentioned this, but what is a flying ASE?

 

Eagle landing ?

 

Correct. The only proof coins I have came as lagniappes with other purchases. I think I have three, two Lincoln cents and a Jefferson nickel. I could not tell you what the dates on them are, but if dealers are willing to give them away as bonuses, they must not be worth more than face.

 

That would be my guess too.

 

Not sure if your joking or not, but the mint mark, if it is a "W" is on the reverse under the eagles left wing.

 

As Garlicus has explained, the bullion coins are sold in Monster Boxes of 500 coins, I would add to only a handful of "designated buyers (distributors really) who then turn and resell them to collectors at a markup. You and I like most everyone else cannot buy these directly from the Mint.

 

Thanks for the explanation guys. So basically I could boil this down to: bullion are coins (or objects?) so common that their worth is from their PM weight rather than for any historic, unique, numismatic etc. properties. Valid?

 

Correct, although there are some older bars, like Johnson Matthey, and coins, QueensBeast series, that may carry a premium.

 

Thanks for the clarification. The only "Flying Eagles" that came "off the top of my Head" was the 1856,1957, and the 1858. Can we give it another name, i.e. "Eagle Attack" or "Here's Johnnie!" Enough with the jokes. I like the old reverse side of the American Eagle, but I do like the new "Eagle Attack". I must have. I bought 6 of them and 2 Type 1, but don't tell my wife.

 

The old reverse was ok, but after 35 years, it was time for a change. Most of the counterfeits were missing an something that made it easy for me to spot them, not I have to see if there is something easy to detect on the new ones.

 

Don't wanna go there......more like a flying...........________

 

Looks like my two 2021 W's are now slabbed and on their way back to me from PCGS - Woohoo! My first experience getting a coin slabbed.

One was a PR70DC and the other a PR69DC. Can't win them all I suppose...

Edit: They shared pictures

The PR70DC:
https://d1htnxwo4o0jhw.cloudfront.net/pcgs/cert/43155017/large/223203474.jpg

The PR69DC:
https://d1htnxwo4o0jhw.cloudfront.net/pcgs/cert/43155018/large/223203481.jpg