Silver dollar

During vacation last week this was given to my son by his grandfather. Not sure if it is a commenrative or not but it has gorgeous color. It was completely toneless when my father got it and it has been in his so called " collectible desk" since he got it. Any info on this item would be greatly appreciated.

 

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Yup, just a normal American Silver Eagle...it contains 1oz of silver. The desk it was stored in must have released some gas or something that caused the coin to tone. I like it.

 

Nice coloring on that coin! Looks like your son got a nice addition to his collection.
Guy~

 

Thanks all. Got a couple more questions. Where was it minted? I cannot find a MM on it. Why is it not fully toned on the reverse? And looking through what books I have what is a value of it?
Thanks again,
Fish

 

This dollar is more of an investment in silver with one once in the coin. They are sold to collectors and fetch a premium over spot price of silver. It is a great coin.

I believe all of these are minted at Westpoint.

bob

 

Here's a basic database of info on your ASE, the link is to the 1998 stats page (look to the right for a column of other dates):

http://silvereagleguide.com/1998-silver-eagle/

...and US Mint info here:

American Eagle Uncirculated Coins for Collectors

http://www.usmint.gov/mint_programs/american_eagles/index.cfm?action=AmEagUnc

:rolling:

 

I believe it was minted at Philadelphia actually. They were minted there from 1986-1999. The business strikes didn't have a MM and the proofs had a "P" (from 1993-1999, before 1993 the proofs were a San Francisco coin). Beginning in 2000, they have been minted at West Point with the proofs having the "W" and business strikes having no MM.

 

Red Book states that "since 2001, regular-strike silver eagles have been produced at West Point (without mintmarks), and proofs have been produced at West Point (with mintmarks)."

 

That's odd, coinfacts.com says they started minting the business strikes at West Point in 2000 without mint marks. See here: http://www.coinfacts.com/bullion_coins/silver_bullion_coins/silver_bullion_coins.htm

Either way, being a 1998 business strike...this coin was made in Philadelphia.

 

Thanks all for the info and education.

 

from the Mint Press release of April 6 2001:

U.S. Mint Shifts Silver Proof Eagle Production to West Point Mint

"Uncirculated American Eagle Bullion Coins will continue to be manufactured at the West Point Mint with no Mint mark."

http://www.usmint.gov/pressroom/index.cfm?action=press_release&ID=187

 

I have seen regular strikes with W

 

I believe that started more recently. The W marked regular strikes were meant to me more for the "collector" while the non-W coins were intended to be bullion I believe. I could be wrong though.

 

Now that is one silver eagle I would like to see in hand. Interesting colors.

 

Nice Silver Eagle! It is amazing how the thumb and finger prints on the Reverse, kept the coin from toning in those areas.


Frank

 

Since 2000 all made at West Point. Before 2000 they were struck at whatever mint had surplus capacity

 

Kev, in 2006 the US Mint began production of an Unc. version of the ASE intended for collectors and bearing the "W" mintmark.