Silver Eagles Question

NorCalJack

I recently inherited some Silver Eagles. My dad has every year from 1986 to 2008. They are all loose in coin tubes. I would like to put them in a Dansco album and fill out the missing years. I looked at the mint website and a 2023 is $76, but you can buy them on eBay for $25 or so. Provident Metals also sells them $28.

I know the mint has San Francisco MM and they make a West Point, but the Provident Metals does not have a mint designation. So I guess someone needs to explain what is what on these.

Also if anyone knows if putting them in a Dansco album will tone the coin or will they primarily stay white. Some of mine have nice toning, but most are white. I prefer toned as I know these tone really nice.

Thanks

may

Common dates are only worth about $25-$30, but check for some of the rarer dates.

coinbuf

Toning is always a combination of the storage medium and the conditions. I find that Dansco albums do seem to impart toning on silver coins, and these coins having a higher silver content than vintage silver are very receptive to tone.

djm

There are three (3) different types of Silver Eagle:
1) Bullion Edition which come for rolls and sell for Spot + Premium what you are seeing for $25 - 30 dollars per coin
2) Burnished Edition which look like Bullion Edition with a W mintmark on the reverse, that is what the mint is selling for $76.
3) Proof Edition which are polished finish with cameo features, the mint sells these for $80. They come with both S and W mintmarks at the current time.

ndeagles

The coins from the mint ($78) are proofs, the $28 coin you are looking at are bullion. If you are going to put them in an album, I would get bullion coins, unless the hand me down coins are proofs as well, my guess is they are bullion if they were in tubes and are loose. If you are new and don't know the difference, I have included images of a bullion coin, proof coin, and reverse proof as well for good measure. There is also a burnished finish, that looks same as bullion but with a "w" mintmark on the reverse.

JBK

@djm said:
There are three (3) different types of Silver Eagle:
1) Bullion Edition which come for rolls and sell for Spot + Premium what you are seeing for $25 - 30 dollars per coin
2) Burnished Edition which look like Bullion Edition with a W mintmark on the reverse, that is what the mint is selling for $76.
3) Proof Edition which are polished finish with cameo features, the mint sells these for $80. They come with both S and W mintmarks at the current time.

This is the explanation.

NorCalJack

@djm said:
There are three (3) different types of Silver Eagle:
1) Bullion Edition which come for rolls and sell for Spot + Premium what you are seeing for $25 - 30 dollars per coin
2) Burnished Edition which look like Bullion Edition with a W mintmark on the reverse, that is what the mint is selling for $76.
3) Proof Edition which are polished finish with cameo features, the mint sells these for $80. They come with both S and W mintmarks at the current time.

Thank you for that explanation that clears up my confusion.