Mint Direct from APMEX

Discussion in 'Bullion Investing' started by sakata, Jan 16, 2018.

  1. sakata

    sakata Devil's Advocate

    My 2018 ASEs arrived today from APMEX. I preordered them when they were offering free upgrade to mint direct rolls. I've never bought these before because they have an additional premium. I'll have to crack one open to add a coin to each of my Danscos, but what about the other? Do they really sell for a premium on the secondary market? They look just like the standard rolls except they have a special label and a plastic wrapper. They have no additional value to me unless I can sell them for more later.

    Anyone know the answer or have experience with them?
     
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  3. baseball21

    baseball21 Well-Known Member

    Potentially more since they're supposed to be unsearched so the possibility of more 70s, but that said 70s don't have much of a premium for newer dates so it's kind of limited.
     
  4. sakata

    sakata Devil's Advocate

    Thanks. So I guess I may as well keep it that way just in case I can get a premium in the future.

    I have a roll of, I think, 2009 ASEs encapsulated by PCGS as first strikes. I did not pay anything extra for them but I guess the same could apply. Presumably they would also be unsearched.
     
  5. ddddd

    ddddd Member

    Apmex might pay you a premium if you ever sell back to them and others may as well. You shouldn't lose anything from leaving it in the mint direct roll, so I wouldn't open it.
     
  6. sakata

    sakata Devil's Advocate

    I guess I am just not used to the idea of slabbing a chunk of silver. It would probably never occur to me to send in a bullion ASE to be graded.
     
  7. ddddd

    ddddd Member

    Enough people collect slabbed bullion that it's quite profitable for the grading companies. Also, if you take a look at the prices of the earlier dated Silver Eagles in MS 70, you might be surprised (they're well over $1,000...some like the 1999 can go over $10,000).
     
  8. sakata

    sakata Devil's Advocate

    Maybe I should look through my Danscos. :D
     
    ddddd likes this.
  9. ddddd

    ddddd Member

    MS 70 are difficult for those dates, so there is a reason for the premium (even if I don’t agree with how high it actually is). Also, slabbed toned ASEs can draw a nice premium. So if any of those Dansco Eagles have acquired nice color, then you might have something there.
     
  10. slackaction1

    slackaction1 Supporter! Supporter

    ....DDDDD........ COACHED YOU UP
     
  11. Don P

    Don P Active Member

    Aren't just about all ASEs from the factory MS70 or 69? I'd like to see anyone tell the difference between a 69 and 70.
     
  12. sakata

    sakata Devil's Advocate

    Easy. Look at the label on the holder.
     
  13. Don P

    Don P Active Member

    I meant what grading criteria determines an MS70 over a 69? It's trying to tell the difference between perfect and perfect.
     
    slackaction1 likes this.
  14. baseball21

    baseball21 Well-Known Member

    69s aren’t perfect. Any post strike imperfection is a 69 or lower. “Imperfections” that are as struck can still be 70s
     
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