American Silver Eagles (Mintages vs Market Value)

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

  1. Numiser

    Numiser Active Member

    I have noticed that while hanging out at local shops, is that they go for about half of the spot price without paperwork to back it up. Is that the norm?
     
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  3. Phil Ham

    Phil Ham Hamster

    You are probably speaking of the collector's version of the ASE's (proof's, reverse proof's, etc.). You don't get a certificate with bullion ASE's. I wouldn't think that the certificate would lower the value by half. It is obvious from the mint marks, condition, etc. of a collector's ASE to assess its authenticity. I not aware of a huge Chinese rip-off market for the collector's ASE's.
     
  4. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    ohh the Chinese will clone or doop. anything popular to make a buck$$
     
  5. Phil Ham

    Phil Ham Hamster

    If they can fake the coin, they can fake the certificate of authenticity. I've been to China, they are quite clever.
     
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  6. Numiser

    Numiser Active Member

    No they were the same ASE's I have in my collection. My guess is if you look shady and don't have a receipt or proof of purchase you're going to get half of spot at some shops.
     
  7. LA_Geezer

    LA_Geezer Well-Known Member

    Actually there are thousands, maybe even tens of thousands of them and more every year.
     
  8. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    An ASE is worth 1 OZ in Silver, just like the AGE is worth 1 OZ of Gold
    Lesser coins minted per year does add in to rareity however value ?
    And dont get me started about grading bullion...LOL
     
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