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<p>[QUOTE=&quot;kaparthy, post: 94289, member: 57463&quot;]The Silver America Eagle is a bullion coin, so whatever happens to silver spot, happens to Silver American Eagles, as well as to silver crowns from other world mints (pandas, kookaburras, maple leafs, etc., etc., etc.)&nbsp; </p><p>As for whether or not you &quot;like&quot; it, that depends on your market position.&nbsp; If the price were falling constantly, down to the $1 parity price, would that make you happy?&nbsp; It might make <u>you</u> happy.&nbsp; Other people would be dismayed.&nbsp; </p><p><br /></p><p>The change in the price of silver seems to be caused by general market forces, not the caprice of 1979.&nbsp; The general increase throughout the 70s was caused by the previous 30 years of inflation.&nbsp; The events of 1978/79 were something else.</p><p><br /></p><p>In truth no <u>rare</u> dates went to the smelter.&nbsp; However, when things were craziest, dealers did sell Mint sets, Proof sets, and even common commemoratives. It has been suggested that the once-common Washington Quarters are now much rarer now.&nbsp; I am not sure that the market agrees with that clamin.</p><p><br /></p><p>People sell (or buy) in groups.&nbsp; Some people are individuals.&nbsp; Most are not, by definition.&nbsp; If the price of gold went to $10 million per ounce, then the 1933 Double Eagle would be mere bullion.&nbsp; However, not everyone is foolish at the same time.&nbsp; While some dealers did toss anything silver into the shipment just to make the quickest buck possible, a few others sold a little bit less and held on to a little bit more.&nbsp; It becomes a matter of philosophy at that point. Should you melt a rare coin if you can use the money to buy another like it later?&nbsp; </p><p><br /></p><p>In any event, SAEs are not rare and cute as they are, they have no historic importance. Even the obverse design was cribbed, and copied from a copy, at that.&nbsp; If you like collecting them, that&#039;s fine, but you do not need to worry that you will not be able to buy one when you want it. </p><p><br /></p><p>If the price of silver went to $30 per ounce, would you not profit from the SAEs you already hold?[/QUOTE]</p><p><br /></p>

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