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?
  2. Avatar

    Guest User Guest

    to hide this ad.
  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.
    LA_Geezer likes this.
  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
Draft saved Draft deleted

Share This Page