How many will you buy ??

Discussion in 'Coin Chat' started by Mojavedave, Oct 18, 2020.

  1. Mojavedave

    Mojavedave Senior Member

    2020 is the last year of the current rendition of the American Silver Eagle put out by the U.S. Mint.
    They are not cheap but being the last of something could make them rare in the future.
    I wonder if anyone agrees with this assessment and if so how many would you buy on the come.

    Dave
     
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  3. Wizank

    Wizank Well-Known Member

    None, however I will attempt to get the end of WWII 75th Anniversary silver.
     
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  4. Inspector43

    Inspector43 72 Year Collector

    I have all the modern commemoratives up 2018 - terminated the run. I will terminate the ASE run at the end of 2020. I have all but the one in 95 I think. I bought one Innovation Dollar, the first one 2018. No more. No more silver from the mint after the end of this year. I've been buying from the mint since 1959. They will have to live without me.

    Your question about rarity - you don't buy from the US Mint as an investment. You only buy to maintain a collection. If you think there is any probability of profit, look in the Red Book. There is a section listing mint sets and proof set issue price and current value. Increases are rare, very rare.
     
  5. Beardigger

    Beardigger Well-Known Member

    I bought 2 of the ASE S Proofs. I hated to do it, but wanted them for my collection. Will probably not buy from the mint again, but look for what I want in the secondary market. The ASE S Proof is limited to 200,000, and I just didn't want to miss getting one.
     
    Last edited: Oct 18, 2020
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  6. mlov43

    mlov43 주화 수집가

    I'll probably buy.

    One.
     
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  7. Inspector43

    Inspector43 72 Year Collector

    The temptation here is like quitting smoking. With the new reverse next year we will be tempted to get just one more. I hope I can resist both this and the next big run of idiotic quarters.
     
  8. onecenter

    onecenter Member

    I purchased one, my usual requirement.
     
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  9. Santinidollar

    Santinidollar Supporter! Supporter

    I haven’t gotten a 2020 proof though I’ll probably try to get an end of WWII.
     
  10. Collecting Nut

    Collecting Nut Borderline Hoarder

    None as they are too expensive.
     
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  11. Mainebill

    Mainebill Wild Bill

    None as I don’t buy modern coins other than at spot or so as a bullion investment
     
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  12. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Mike "The Mouth" Mezack has been selling them all year long as though they are a very low mintage. I wonder how many millions he has already sold?
     
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  13. John Burgess

    John Burgess Well-Known Member

    "2020 is the last year of the current rendition of the American Silver Eagle put out by the U.S. Mint.
    They are not cheap but being the last of something could make them rare in the future."

    This is why I won't buy them, because everyone and their brother will buy them.
    I do intend to buy the 75th anniversary of end of WWII silver eagle though, that's it.

    I'll get the bullion one down the road when silver is lower and people realize they didn't go up in value because everyone has them
     
  14. kanga

    kanga 65 Year Collector Supporter

    "Last" doesn't make them rare.
    The number available vs. the number wanted does (supply and demand).

    And I haven't bought Mint products for collectors since the mid-80's.
    Don't see a reason to start now.
     
  15. John Burgess

    John Burgess Well-Known Member

    demand is high for silver in general, the mint doesn't have a problem to sell silver products (well they didn't before the price increase). but the bullion should still sell well for them even of the proofs slow.

    once the demand drops off again and everyone sells, there's gonna be a lot of them out there as people liquidate their silver holdings for cash again.
     
  16. Collecting Nut

    Collecting Nut Borderline Hoarder

    The last year of issue does not make it more valuable but it does give sellers a nice marketing ploy. The same goes for the first year of issue so I'm sure the same people marketing this will be doing the same next year except for a small change in their tune.

    The mintage is what makes it worth more, not the year of issue. Condition also counts.
     
  17. Morpheus

    Morpheus Active Member

    Exactly. How rare or valuable is the 1921 Morgan?
     
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  18. Collecting Nut

    Collecting Nut Borderline Hoarder

    Exactly
     
  19. Brian Calvert

    Brian Calvert Active Member

    Good Luck.... Hard too do, maybe... I don't even know how fair it is that the US Mint give the Gold ones to select corps. We have turned a corner over the last 30 years from Equality to Privileged. In fact those corps. are going to make a fortune, make the wealthy even more so while the avg. guy sits here wondering if he has a shot to get one at a decent price.
    Obviously we can all get 1, or 3 if we are willing to pay a 200% premium. Not to the Mint as it could be, but too someone who has lots of financial power.
     
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  20. erscolo

    erscolo Active Member

    None to be purchased here.
     
  21. Mojavedave

    Mojavedave Senior Member

    Well, there appears to be a lot of negative votes. Didn't mean to rile you guys up so bad. My personal opinion is, if there were no U.S. Mint it would throw a monkey wrench into the coin collecting market. I know that a lot of you are going to say as long as the mint sales the coins, you can buy them cheaper on line, but frankly I don't want a second hand coin (Excluding out of production coins).

    Dave
     
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