2019 S Enhanced Reverse Proof ASE

Prices seem to be falling. How low will they go?

 

Log in or Sign up to hide this ad.

Got my first price cut notice on one of these from eBay. Seller took $150 off a PR69 to $1,349.

 

If the price ever gets low enough to where I would buy one, means a lot of people don't want one.

 

Unfortunately, not low enough for me to buy one! The prices are totally off the charts! I must be missing something, why so much for an ounce of silver?

https://www.ebay.com/itm/2019-S-1-E...=283665987184e6cf984e58484c63b7313ea22fd4bf10

 

Myself, I wouldn’t pay $1300.00 for any ASE unless it cleaned my house and did my taxes....... However, I do think these price points seem to indicate that the US Mints recent efforts to get coin collecting exciting and mainstream again has been somewhat successful. And I am glad to see that.

 

Well, if nothing else it proves the demand is higher than 30k. lol I'm kind of surprised they limited it to that number. They want to make money yet they limit what was arguable the most desirable issue of 2019. If they released 100k they would've sold out at same price and maybe you could get one for $300. At 100k it leaves alot of collectors with empty hands. Idk what this was supposed to be.

 

Because it's a collectable coin not some bullion round.

There's no arguable, it was not only the most desirable issue of 2019 but arguably of the decade as well. The reason that is was is because it was limited. Put it at 100k for the 2nd RP of the year and yea that's issue price after market.

 

No argument there I realize it's a collectible coin I'm just totally surprised at the asking prices of these reverse proofs. Even at 30,000 minted that's still a shocking price tag for me as I don't collect ASE's. It's amazing to see such a high premium over the initial price as well!

https://www.coinnews.net/2019/11/14/2019-s-enhanced-reverse-proof-american-silver-eagle-release/

 

They're a hugely popular series. It technically is lower than the 95-W though different finish and 95 70 will be worth more. This was one of the few things you could see a big price jump coming. It's really been years since one of these types

 

Go Navy Beat Army.........

Blast, they did.....

 

Exactly, you're totally right! Makes things exciting for our hobby and that's always a good thing! I wish I would have seen it coming!

 

"Moderns' throw curve balls and sinkers........

 

Even spitballs.

 

It is still a bullion coin, and it will remain one no matter how much anyone wants to label it. I remember when some of the Panda coins went for sky prices, but they came down also. How is it collectible as almost all the recipients have or are trying to sell them? Bullion.

 

Bullion yes. Collectible yes........

Ever as much as the 'old' traditional stuff.

 

Why let facts matter when the US mint does not treat it as one.................

 

I call it a proof collector version of a bullion coin. A bullion coin, to me, represents an ounce of silver worth the current market price. Only an idiot would buy one of these as a pure silver investment.

 

I've collected/accumulated whatever I've got over the course of 51 of my 60 years. I've got every coin I've ever collected, except one. More on that later.

My early collecting years were in the late 60's to early 70's. As a seasoned collector you know what mint offerings from those years and after are selling for today.

I look at my collection and know completely how it was done with the love of the hunt, because virtually everything, save for a few things are a financial loss.

This 2019 ERP ASE was a bonanza for those fortunate enough to score one. Luckily I was one of them. The opportunity to make a quick buck presented itself to me every day just by reading these threads.

Having never made a penny on any coin purchase, I did seize this opportunity to turn that in my favor this time. No regrets. I feel pretty good about it.

In answer to you question @desertgem , speaking for this recipient here, I wanted it and put a value on it. Someone else put a higher value on it than I did. That little imbalance got to the level of me saying the same as many here have said already. That coin ISN'T worth that much money. That's when I agreed, it wasn't worth it, so I sold it.

 

I don’t blame you one bit. You sound like me. In my half century of collecting I could count on one hand the pieces I have sold. It was never done for profit. Rather for space management.