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Are 2020(P) "Emergency Issue" silver eagle over priced?
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<p>[QUOTE="John Burgess, post: 4529362, member: 105098"]Nobody was suspicious on these the mint sent letters to the bullion distributors announcing this would be happening and how many boxes they struck and what the box numbers were so they could do this. The mint intended for this to happen 100%.</p><p><br /></p><p>As far as it goes, if you like it buy it, it's your money. I don't know if it will have much more collector value in the long run, but keep it in that slab and if the slab gets damaged send it in the slab for reslabbing and always keep it in the slab because if you ever take it out it no longer is what you say it is.</p><p><br /></p><p>This isn't something for me for various reasons. Mostly I'm just not a fan of how this went down, and that if it's cracked out its just any other 2020 silver eagle like all the others from West Point that are made.</p><p><br /></p><p>But keep it in the slab and it might be worth more than spot price one day. I doubt you will ever get what you paid back for it though. Just my opinion. Too many of them and in the end its just the label on the slab that gives it anything but 250K are a lot minted.</p><p><br /></p><p>I personally feel the mint did this to throw a bone to the bullion dealers on something to market, mostly the home shopping channels and websites and stuff. They prealerted the dealers to it happening and how to identify each box without opening them so they could get them all graded and market them.[/QUOTE]</p><p><br /></p>
[QUOTE="John Burgess, post: 4529362, member: 105098"]Nobody was suspicious on these the mint sent letters to the bullion distributors announcing this would be happening and how many boxes they struck and what the box numbers were so they could do this. The mint intended for this to happen 100%. As far as it goes, if you like it buy it, it's your money. I don't know if it will have much more collector value in the long run, but keep it in that slab and if the slab gets damaged send it in the slab for reslabbing and always keep it in the slab because if you ever take it out it no longer is what you say it is. This isn't something for me for various reasons. Mostly I'm just not a fan of how this went down, and that if it's cracked out its just any other 2020 silver eagle like all the others from West Point that are made. But keep it in the slab and it might be worth more than spot price one day. I doubt you will ever get what you paid back for it though. Just my opinion. Too many of them and in the end its just the label on the slab that gives it anything but 250K are a lot minted. I personally feel the mint did this to throw a bone to the bullion dealers on something to market, mostly the home shopping channels and websites and stuff. They prealerted the dealers to it happening and how to identify each box without opening them so they could get them all graded and market them.[/QUOTE]
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Are 2020(P) "Emergency Issue" silver eagle over priced?
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