2018 ASE UNCIRCULATED/BURNISHED

According to the Mints new data, the 2018 Burnished ASE is coming at under 130k unit sales. This could be the lowest burnished mintage of the series. I wonder if the Mint will drop the ASE burnished series.
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According to the Mints new data, the 2018 Burnished ASE is coming at under 130k unit sales. This could be the lowest burnished mintage of the series. I wonder if the Mint will drop the ASE burnished series.
Comments
Could be low but it will probably be on sale for another year at least....
Mint added the S proof for 2018, too. May be a factor for the budget conscious, i.e., only planned for the usual.
Get proof W and Unc W (the usual), or
Get proof W and S (the new), or,
Get all three.
Then throw in a few hundred bullion. LOL
Still a lot of ASE's....Mostly good for stacking. I have the proofs, all in mint boxes, up until they skipped a year...that discouraged me. Cheers, RickO
Does that make us collectors or stackers?
Both, collectors and stackers.
@Onastone.... Both.. and that is a good thing...Multi-talented....
Cheers, RickO
I have been a loyal ASE collector all along, but I have not ordered any yet this year. If I am any indication, the market is shrinking.
1 AGE vs ~80 ASE
Or Both
These have been in steady decline since the second year they were issued. Low mintages mean nothing when there's a good chance that next year will be the next low mintage champ.
It may suffer more now that S-Mint is striking collector quality ASE's. That said, I don't see them going away. As long as West Point produces the proof version, it costs almost nothing (relatively speaking) to churn these out. Blanks are plentiful, the packaging is the cheap type they use for clad commems, capsules are sourced for the proof version, the computer already knows how to make the dies, and the entire striking process is automated. Up to the point where they get put into the packaging, the process is the same for both the proof and uncirc.
(BTW, there was a 2011-S that had a 100K mintage, but it was part of the San Francisco set...)
Collectors. Real stackers would gag at Mint Store prices when they can get a common ASE for 1/4 or 1/3rd the price...
That said, if you get all 56 5oz ATB pucks, you end up with over 23 troy pounds of silver. (Just about 20 avdp pounds...)
So at some point, I guess you cross over without even realizing it...
I'm a big fan of ASE burnished. I believe they are the modern CC Morgans
This was Eric Jordan's (Modern Commemorative Coins, 2010) assertion -- that ASEs were the next big silver dollar collectable. He's been right in many ways. Morgans were considered too numerous to collect for a long time. ASEs may languish for a while, but they are a very collectable series with many ups and downs. Their hayday is yet to come. I've kept up with them and have all but that confounding '95-W.
Whatever happened to Eric anyway? He went on hiatus here after his book was published.
W goes in the WIN column.
As of December 16, 2018, the mint report shows 129,637 2018-W Burnished ASE sold.
The W will be on sale into next year but the 2018 S proof is listed as "Currently Unavailable"....tad under 160k plus the LESP sets
Looks like about 196.4k combined 18S mintage to date. Maybe only struck 200k? Wishful thinking.
Sales of U.S. Mint American Eagle gold and silver coins are closing out their weakest year since 2007
Gold has a world price entirely unaffected by accounting games between the Treasury and the Fed. - Jim Rickards