Apparently i'm surrounded by crazy people that think something with 4x, 10x, even 20x+ should be bullion just because of the name silver eagle.
"I'm not sure what you mean...?" This is what I mean: Color me very STUPID! It seems like when a dummygets accustomed to seeing microscopic details all the time they become blind to very OBVIOUS things like the word "DOLLAR." It looks like a SE is ACTUALLY a silver DOLLAR after all.
Conder101, posted: "They are silver, and they are dollars. So they are silver dollars. Silver dollars that trade as bullion, but still silver dollars." I would have saved a lot of time if I had read this PERFECT response.
While a very good response perfect would have been if he added a word to say "They are silver, and they are dollars. So they are silver dollars. Silver dollars that (some) trade as bullion, but still silver dollars."
I have read this through 3 times and I am going to have to do it again.. until the post above.. took three pages..
No, I think you're repeating a typo over and over again. Both your sentences start with "Is your precious coin valued by weight". It seems like one of them should start with "Is your precious coin not valued by weight". Or something.
Thanks -- that's a relief. I spend a lot more time staring at the leaf veins than seeing the forest myself.
Okay. If you have to repeat it again, try changing the formatting; that way it'll be less likely to confuse people like me.
They are a overpriced, overhyped, mass-produced commodity. Technically they are a coin, but they are effectively traded as overpriced bullion. They become ugly really quickly.
The bottom line, like so much of society, politics, economics, just follow the money. If the value of the ASE is higher because it is graded as MS70 or PF70 then it is a dollar and a numismatic collectible. If the value of the ASE is more valuable as bullion, then it is not a numismatic collectible and it is only bullion. If the price of silver somehow fell to 1850's pricing of 70¢/oz and it was in worn, circulated condition with 10's of millions minted, then it would be worth more to use it as a dollar. Again, bottom line is follow the money. That's what's going to dictate what the ASE is perceived as. Because obviously it is only perception that determines what we use it as.
My daughter received one as change, along with an Ike and ATB quarters. from a FB Marketplace transaction.