American Eagle 2019 One Ounce Silver Enhanced Reverse Proof Coin

$92 plus you would need a $30 membership

 

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If going NGC, maybe consider joining the ANA as you get free submission priv with NGC as a perk.

I prefer PCGS if planning to sell. NGC is more liberal with the 70's hence normally a lower sale price. If quantity, I'll go NGC.

 

ANACS doesn't charge a membership fee.

 

But if selling ANACS coins generally command less.

 

especially moderns. You will leave far more money on the table than you would save

 

Pretty sure the 1916-D will have more staying power...

 

I wouldn’t be so sure. The 16-D really isn’t that special to younger collectors, you can find a mountain of them at any given time unless you’re talking best of the best or something special

 

Submitting is not an easy or cheap task. It's doable but prepare for paperwork. You probably have a 50/50 chance of getting a 70 on these. A dealer can send it in for you but you better have everything in order to prove it's yours.

I'm kicking myself for not trying to get one. Probably went on sale while I was at work and wouldn't have been able to get through anyway.

 

Yep, and you'll pay for each and every one of them.

 

eh the lower common grades have been declining, either way many of them are below even a $500 price point for this eagle. Those ag 3 16 d and g 4 aren’t going up anytime soon

 

We have vastly different definitions of easy. It's a 5 minute task filling out an electronic form. Handwrite your credit card #. Take the box to the USPS.

 

Some seller has nine of the Baltimore 70s on eBay for $10,000 each. He’s apparently already sold one.

 

That's not my recollection. The bloody things sold out rather quick.

Good lord....upon research done, you are quite correct.....

But now the spotting. My example remains pristine. Perhaps an anomaly? Humbug you.......

 

Since I don’t feel compelled to grade modern coins, I decided to keep my 2019-S ERP ASE raw. However, I wanted to try to reduce my chances of discoloration or spotting as much as possible (obviously there’s no way to guarantee that discoloration or spotting won’t happen, but I wanted to stack the deck in my favor).

In general, aqueous corrosion (which I would classify toning/discoloration as, though I’m not so sure about milkspots) requires four things to occur: an anode, a cathode, an electrical connection between the anode and the cathode, and an aqueous electrolyte. Eliminating any of the four will effectively stop the process. Since the anode, cathode, and electrical connection in this circuit are all the coin, I can’t really eliminate any of them. That leaves the aqueous electrolyte as the only thing I can try to eliminate.

So, I ordered some silica desiccant packets and decided to store two of them with the coin in a semi-controlled atmosphere away from the OGP (since I have no idea what kind of potentially detrimental materials may be in the OGP). The goal is for the silica to adsorb any moisture so that less of it gets to the coin. Here’s my setup:



Two desiccant packets and a shiny new penny (er, cent) are stored with the coin (still in its capsule) inside of two polyethylene bags. Hopefully the combination of the bags and the silica greatly cuts down on how fast moisture gets to the coin and in turn how fast the coin spots or discolors (though I’m not even sure if the dreaded spotting problem follows the same corrosion/toning mechanism, so my coin could still develop spots). The penny is included as a “canary in the coal mine” so I know when to change the silica packets... once the penny starts to tone/discolor, I’ll know it’s time to act!

 

I think it has been said to scratch the cent to expose the zinc, which is a much better anode material to capture the corrosion.

 

I'd heard a acetone bath is the best preventative against milk spots as it's the mints planchet rinse which is the problem.

 

According to all I've read on this subject milk spots are borax cooked into the metal during the annealing process and with time the area will turn white where the borax cooked in and didn't come out in the rinsing after annealing.

Either it's there or it isn't. If they develop Ive ready dabbing it with cloudy ammonia will remove it until it develops and turns milky white again but now you are into "cleaning coins" and I don't recommend anyone does any of it to a collectible coin because it might wind you up with a much lower valued coin and I certainly don't recommending cleaning as a preventative measure if you don't have a problem already.

Best bet if one develops in this particular coins case would I think send it to a TPG for conservation then encapsulation if a milk spot develops... even NGC or PCGS says they can't remove milk spots. They will return if they are there. Best you could do it clean it up and get rid of it if it does develop milk spots.

It's my understanding it's likely borax in the annealing process that gets cooked in, gets left behind in the wash after annealing, and then smashed into the coin surface during the strike. There's no way to remove it forever, but if it's not there, it won't develop if it is there it can develop immediately or even years later. There's treatments that can make them less white, near invisible, but they will return because it's part of the coin.

If it was bullion I'd say clean it however you like. With the collector value here I'd say leave it alone and deal with it if one ever turns up.

It is an enhanced reverse proof, there isn't a lot of Shiney surface to begin with so it might not even be that distracting if it does develop.. majority of this coin is frosted.

 

Mine (just one lol) is being graded by NGC right now! Fingers crossed for 70; tho a 69 would suit me fine as well. Anything less and I'd be a lil cranky - but...its still one of 30K, so yeah...Im good!

 

OMG! Someone actually read my message. When I asked the Mint if it was included for my enrollment, it was before they had included the information. I buy about 4-5 coins/medals a year. The ASE "W" Proof, the ASE "S" Proof (I only included these recently.), the Silver Proof Set, the Silver ATB Proof Set, and the 1/10th oz gold coin. This year has been special. When Apollo 11 landed on the moon, my brother was in the gulf of VN, my father was on an airfield in VN repairing Hueys and small, fixed wings aircraft, and I was a forward observer in the paddys of VN. It was about a month later that 3 things occurred.. my father was hit by a mortar walking across a helicopter pad where he received his 3rd Purple Heart, my brother's ship was hit by a missile, where he lost his left arm, and I escorted my father and brother home. Yep! 1969 was a memorable year, so I bought anything the mint sold related to Apollo 11 or Rockets. As far as how my father and brother are doing... my father was on pain medicine for the pain in his back when he went to sleep at the wheel and ran into the path of a tractor-trailer and was killed instantly. My brother's wife met him at the airport with his child that was born shortly after his ship was hit. Oh yeah, her new boyfriend was with her when he was carried off the plane. As far as how I am doing, thankfully, no physical damage. I went to college on the G.I. Bill and got my BSBA in Accounting and passed the CPA Exam 6 years after I came home from VN. I soon learned about coin collecting, but only for little things, My father left me his coin collection, which included Morgan and Peace Silver dollars, about 30, total. I apologize for my sermon. But I thank each and every one of you that passes the time of day on this forum. May the Force Be With You!

 

I thank you and your family for your service to our nation.
Sorry for your losses. I hope the tractor trailer driver walked away unscathed.