I have been perusing Ebay again. I notice one seller claiming "fat rolls" of 2005 Silver Eagles and that the coins are more than 1 oz, so the top of the mint tube will not completely close. Seller states that if you weigh the roll, it comes just short of 21 ounces so buyer gets an extra ounce of silver. That strikes me as..... creative selling. I have purchased mint rolls of ASE's and the top will not completely close on the roll. Is that true? Does the mint make mistakes like that? Are the rolls nearly 21 oz? Why won't the tops seat all the way on a roll of ASE? TIA
Article from collect.com -- 'Fat Eagles' not out of ordinary Hi Mitchell! Here's a thread from a couple of weeks ago that addresses your question -- courtesy of our own GDJMSP. (Thanks, GDJMSP! ) And just in case, here's a link to the collect.com article referenced in that thread. Hope that helps! - Andrew
Thank you. That didn't come up in my search. I wondered why the mint would use tubes that would not close. Every roll I can remember didn't close, especially the last few.
Hmmmm... I wonder if the individuals in charge of "quality control" (if the Mint does, indeed, have such concerns!) are the same ones responsible for the overwhelmingly "successful" overhaul/update/improvement to the Mint's website??? Come to think of it, maybe that does explain the "fat" American Silver Eagles -- the "quality control" guys were too busy dealing with the website overhaul/update/improvement to ensure consistent ASE weight/thickness. Yeah, that sounds about right. Those poor, poor overworked souls! - Andrew
I wish I had a digital scale to weigh them to see if there is a weight difference. I guess now, PCGS will have to come out with a "Fat Silver Eagle" classification that can be used on Ebay to milk bidders for even more. They should put the "Fat" right next to the American Flag for effect.
You also have to consider that all precious metals are weighed in troy ounces not standard ounces. 1 troy ounce = 31.1 grams 1 standard ounce = 28 grams
Mitch, for your information, the U.S. Mint does not place Silver Eagles in tubes or rolls. They never have and I doubt if they ever will. It's someone else that is getting into the act. You'r blaming the wrong party.
As far as the mint is concerned it's not a problem. What they check for is that the planchets all meet a minimum weight. If the planchet is too heavy - and within their tolerance levels - they don't care.
