Bought 5oz Silver Bullion for $300: Good Deal or BAD?

Ay, I have him as a favorite seller. I've bid a lot on his stuff. but haven't connected on one yet. If my memory serves me. he sold a couple of similar coins to the ones that you posted. They were sold in the 60-70 dollar range. It was a few months back.

 

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I voted Good deal (so far I'm in the vast minority here) because I feel that in general, not just these coins in question for this price paid, that many people refer to MS ASEs as mere bullion today and are too narrowly considering the future (yes, probably very far in the future) as a boon market for MS ASE coins bearing grades (and nice toning features at that). I feel ASEs will attain high values, eventually, and yet perhaps not long after they cease making these coins. To be clear they will eventually cease production on ASEs and that's when they are likely to start taking off. Picking the good ones now and getting nice MS examples graded and in your collection (if you like them), now, will feel rewarding later, when you can realise a tremendous value in them, later-- much later. At least at the moment you will always have at a minimum their bullion value, which ought to grow over time too, you have these coins with interesting tone, then that elusive numismatic potential value. We'll see how that turns out but my money is on the side that time will treat MS ASEs better than most reflect on them today.:thumb:

 

Aye-karumba! That's one heck of a lot of color! Maybe too much for my personal tastes and certainly for my wallet. I just hope that we don't learn at some date 25, 50 years down the road that the Mint used to use some whacky chems to wash their coins that caused these effects, and that it's akin to AT not natural environmental factors, thus swiping the legs out from these prices being paid today. I already take issue with the "milk spots" that appear on these coins all the time, which I feel are greatly detracting to the design supposed quality of ASEs.

 

I guess I need to clarify. I do not collect ASE. I've bid on some nickels and have him saved as favorite seller because I am waiting for the right toned peace dollar to come up for auction. I have other toned coin sellers also marked which I check their auctions from time to time.

 

this is an example as to why I never buy slabbed Silver Eagles, is because of the numismatic value associated with slabbed coins, which the silver eagles are meant to be bullion coins, so even though it may be my opinion and the opinion of alot of other people here that you just wasted your money, if you like how the coins look, that's really all that matters because it's your collection and not my collection, I'm just not willing to pay $60 per ounce for silver bullion coins when I can get just as it for $13 to $15 per ounce. In other words, If I had $300 to spend and I were looking to get Silver Eagles, I'd rather get 20 coins for around $310 than 5 coins for $300 and that's how most people who buy silver eagles feel about purchasing them