American Eagle 2017 One Ounce Silver Proof Coin

I see on the Mints web site they will be available March 23rd

 

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Standing order for 2.........


Feels like I just got proofs.

 

Why do yall buy these? I cant see any point in them. Just to collect? Surely not for silver investing purposes right

 

I love the proof Eagles. I have a few and I'm sure to get a 2017. They're just so darn pretty!

 

Because they are awesome!

 

Yes they are very pretty, but I cant bring myself to pay that much of a premium on an ASE... which are for staking? lol

I mean i guess you can collect ASE's I assume most people dont though

 

Wow. It seems like the 2016 proofs came out only last week. I'll be in line for one. I love them (and they're about the only modern I own).

 

I don't collect ASE bullion coins. The proofs are more in the way of collectible, IMO. You'd be surprised how many people buy graded/slabbed bullion coins. I don't understand it, but each to their own.

 

You know, of course, that collectors are not in their right mind, correct? That shimmering mirror surfaces of certain coins bedazzle and enchant such folks? That they don't give a dang whether or not they appreciate or not down the road? That the unwarranted love for a mirrored, laser etched disk is profoundly contrary to conventional and rational thinking? If you can maybe understand this, you're one of us. If you can't, I feel sorry for you.............

 

ASEs are the most popular modern coin that people collect

 

If it weren't for the ASE I wouldn't collect any more moderns.
That and I like war nickels.
Other than that I'm on the dark side.

 

From what I see online, Eagle proofs seem to hold their value fairly well.

 

Is it just me, or does anyone else think the 225th anniversary of the Mint would be a good chance to issue a reverse proof ASE?

Of course, I thought last year's 30th anniversary of the ASE also would be a good time for a reverse proof. What do I know?

At least Daniel Carr thought of the 100th of US entrance into World War I.

 

Every year is a good year for an RP ASE, as long as it isn't minted to demand. I wish they would have done a full run of RP coins as a special set for the anniversary.

 

I get 5 each year 1 for each of my grand children and 1 for me.
I'm working on a set of the proof and they all go into a Dansco Album
and a set of the unc. ASE also.
I do have the 1995 already plus the reverse proofs

 

I started collecting these when the program first started. Can't stop now. The silver value is not important. It's all about the fun.

 

If a collector has bought very issue of these, direct from the mint, they could make a giant profit if they sold today. Can't say that about many areas of this hobby.

 

It all depends upon your state of mind on spot silver, flipping silver, short or long term portfolio acquisition, collecting because it looks pretty, etc.

The closer to the "spot" price of person you are the less a Proof anything makes sense.

if you like to collect it because it's pretty then one doesn't care about spot price.

And everything in between.

I collect ASEs for:
(1) flipping,
(2) collecting - putting together a 1986-2017 set,
(3) a few Proofs because they hold their value and may go up over time without much of a correlation to spot,
(4) my portfolio - banks/creditors identify with the value of a US Gov't issued bullion piece more than having some misc block of 10oz of silver with some weird image on it. They don't value strictly Proof ASEs as highly though except in part of a general coin collection, categorization is key.

Personally, I don't understand why people by rounds with all those images on it, no matter how close to spot it is.

 

I actually got hooked on ASEs after I completed my Walking Liberty collection.
They have this strange similarity between them.

 

Yeah, I bought an ASE for comparison after acquiring a few original walkers. It's a great design, and I can see how people get hooked on collecting them. But for me, the originally and historical significance of the old halves makes them the place to put my money. Some of the more common dates can be had for reasonable cost in AU or MS condition. Still more expensive than ASE's though.

Cal