American Silver Eagles (Mintages vs Market Value)

Discussion in 'Bullion Investing' started by Phil Ham, Apr 20, 2014.

  1. Phil Ham

    Phil Ham Hamster

    My latest effort is to compare the mintage of ASE bullion dollars versus the current market value. I've used ebay completed sales to estimate current market value. With the possible exception of 1996, it appears that the mintage of bullion ASE's has little impact on potential value of the coins.

    Year Mintage Issue Price Current Market Value

    1986 5,393,005 $7 $33
    1987 11,442,335 $9 $30
    1988 5,004,646 $8 $30
    1989 5,203,327 $8 $30
    1990 5,840,210 $7 $30
    1991 7,191,066 $6 $30
    1992 5,540,068 $6 $30
    1993 6,763,762 $6 $30
    1994 4,227,319 $7 $33
    1995 4,672,051 $7 $33
    1996 3,603,386 $7 $50
    1997 4,295,004 $7 $29
    1998 4,847,549 $7 $29
    1999 7,408,640 $7 $29
    2000 9,239,132 $7 $29
    2001 9,001,711 $7 $28
    2002 10,539,026 $7 $28
    2003 8,495,008 $7 $28
    2004 8,882,754 $8 $27
    2005 8,891,025 $11 $27
    2006 10,676,522 $14 $26
    2007 9,028,036 $16 $26
    2008 20,583,000 $18 $25
    2009 30,459,000 $24$28
    2010 34,764,500 $24 $26
    2011 40,020,000 $40 $26
    2012 33,742,500 $35 $26
    2013 42,675,000 $30 $25
    2014 ********** $25 $25*

    * Bullion dealers are still selling 2014 ASE's.

    I've made a few corrections (2006 and 2007) to reflect the mintages from the attached link. It seemed to have the most detailed mintages numbers of any information that I could find on the web.

    http://silvereagleguide.com/mintages/

    The original issue prices (average during year) were provided to me by Ken. He found them in the Mercanti book American Silver Eagles - A Guide to the US Bullion Program.
     
    Last edited: Apr 27, 2014
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  3. fretboard

    fretboard Defender of Old Coinage

    Yep and all those prices will soon be going down. That's when I will become a silver stacker once again!! smiley-laughing024.gif
     
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  4. RaceBannon

    RaceBannon Member

    I remember picking them up for $9.25 as recently as 2004.
     
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  5. When the design changes, these will all increase in value (especially ones with mintages under 6M). TC
     
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  6. Phil Ham

    Phil Ham Hamster

    You've done good then!
     
  7. RaceBannon

    RaceBannon Member

    I've done OK. I also bought plenty at above $35.00. Just been stacking for the last 10 years or so. Next time silver bolts above $40 might be time to sell some.
     
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  8. Phil Ham

    Phil Ham Hamster

    Do you think that they'll change the design any time soon? It is quite a popular design to screw with. Can't they change the nickel or dime first? They need a serious face lift with something more modern.
     
  9. green18

    green18 Sweet on Commemorative Coins Supporter

    Great list Phil! :) Two years ago and the figures would have been skewed a bit, but I like your numbers. Poised to buy......:)
     
  10. Heater

    Heater Well-Known Member

    I kinda of remember picking them up for less then that in 1986, '87, '88...etc.
    Also remember picking them up in the $40's dollar range.
    I have never sold a silver eagle. Have bought real low, have bought real high. If you do a regular purchase to your means over time it will just cost wise average out.
    & I don't need a gold IRA expert to tell me that and charge me a fee to do so.
     
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  11. green18

    green18 Sweet on Commemorative Coins Supporter

    Smart fellow. :)
     
  12. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    I remember when silver was like 8.25 an oz.. I was paying 12 a oz and brought my first monster
     
  13. Phil Ham

    Phil Ham Hamster

    You can typically make 7% in the stock market over the long haul. Based on the rule of 72, you would double your money about every 10.3 years. If you bought silver eagle at $10 in 1986, you would need to sell it today at $60 to match an investment in the stock market.

    1986 $10
    1996 $20
    2007 $40
    2017 $80
    2028 $160
     
  14. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    if that becomes a reality we will all be rich..lol
     
  15. statequarterguy

    statequarterguy Love Pucks

    Nice chart, thanks. Have you started to put together a chart for the special issue ase's?
     
  16. Phil Ham

    Phil Ham Hamster

    I'm thinking about creating a chart for the proof ASE's, UNC W's, etc.
     
  17. statequarterguy

    statequarterguy Love Pucks


    Yeah, I like that idea. But, do all the other sets, the ones that did okay to really good, 95-w, 2006 RP, 2011 PR, 2011-s, 2012 PR, 2013 RP, & 2013 Enhanced - those are the only ones I collect. Thanks for all the time consuming work.
     
  18. Phil Ham

    Phil Ham Hamster

    Yes, I was thinking of creating a dataset of all the other ASE's that aren't bullion coins. I twould include the 1995-W, RP's, etc. etc. etc.
     
  19. Phil Ham

    Phil Ham Hamster

    The stock market is doing me just fine. Why else would I be buying bullion and collecting coins? It is not a good investment; it's an expensive hobby that is funded through the stock market.
     
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  20. green18

    green18 Sweet on Commemorative Coins Supporter

    Got that right Phil........:)
     
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