<< <i>Rumor has it that Miles' new book on American Silver Eagles may sell upwards of 20,000 copies. If I am not mistaken, that may be second to just the RED BOOK for most numismatic books sold? Kind of supports your theory?
Wondercoin >>
I know I am buying a copy.
Morgan Everyman Set Member, Society of Silver Dollar Collectors. Looking for PCGS AU58+ 1901-P, 1896-O, & 1894-O
I think a lot of these in "bullion storage" or the hands of non collectors...will be melted during all future silver price run ups. You guys (and gals) may get the last laugh after all holding back a few percent from eventual recycling. Personally I think its a nice chunk of metal with a pilfered obverse and a meh reverse.
<< <i>I think a lot of these in "bullion storage" or the hands of non collectors...will be melted during all future silver price run ups. You guys (and gals) may get the last laugh after all holding back a few percent from eventual recycling. Personally I think its a nice chunk of metal with a pilfered obverse and a meh reverse. >>
Ahhhh, thanks ambro
I will keep in mind as I add to my hoard
However I don't think many will be melted as they trade for more than bullion prices.
<< <i>Rumor has it that Miles' new book on American Silver Eagles may sell upwards of 20,000 copies. If I am not mistaken, that may be second to just the RED BOOK for most numismatic books sold? Kind of supports your theory?
Wondercoin >>
I like that >>
Now the key is to try real hard and convince those without a vested interest to like it...
Signed, Not the only feisty one on the boards today...
edited to add - nice to have the old Stef back on the boards.
<< <i>Rumor has it that Miles' new book on American Silver Eagles may sell upwards of 20,000 copies. If I am not mistaken, that may be second to just the RED BOOK for most numismatic books sold? Kind of supports your theory?
Wondercoin >>
I like that >>
Now the key is to try real hard and convince those without a vested interest to like it...
Signed, Not the only feisty one on the boards today... >>
Feisty is a good thing
"Now the key is to try real hard and convince those without a vested interest to like it".......... Not necessarily true. Have you ever tried to convince a non Morgan collector to start collecting.....ain't gonna happen toned. Pl or blast white.
<< <i>i wonder if money might be 100% electronic in 100 years coins might be relegated to the category of cool antiques
Here is my question
why can't the USMint stamp "One Hundred Dollars" on ASE's then they could circulate as 100 dollar coins
It's no different from having 3 cents worth of nickel and copper in a nickel
I think it would be VERY COOL if ASE'S circulated
and you could get them at the bank
granted it would cost you $100 for one ... but you can always spend it for $100
I mean technically the ASE IS a legal tender coin already and you could spend it for $1 right now. My only thought is, why did the mint stamp "ONE DOLLAR" only on it, why not "ONE HUNDRED DOLLARS" so you could start to see these coins circulate. >>
999 silver is to soft for cirlulating coins..The 10%copper in 90 % silver coins made them harder and more durable for circulation A 90% ASE would be interesting.
As coins eventually disappear with 100% electronic transactions, so will the hobby be relegated to the remaining old guys who can remember coinage. I don't see too many more future generations becoming numismatists. ASEs, thus, are doomed since they are on the bottom of the hobby food chain.
Seated Half Society member #38 "Got a flaming heart, can't get my fill"
If I send you some of mine, can you make them as pretty as yours.
"My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
<< <i>In the 1960's, I would eventually succumb to temptation and carry the Morgan my Grandad gave me up to Ben Franklin 5¢ & 10¢ store to buy candy & such.
Yesterday a co-worker brought me a slightly circulated proof ASE that a customer had spent for wine at the liquor store where he works nights.
<< <i>Sorry but I don't think so. What makes Morgans so appealing to many is not just because of their size and silver content but because of their history as a medium of exchange.
Since ASEs never circulated, there's just not much history to them at all. For that reason, many find them to be very boring (though they can tone very nicely). >>
I agree (except for the boring part), and will add that many people purchase coins because of their relative age (Morgan Dollars are 65-108 years older than the oldest Silver Eagle) and their low price. As long as common date, brilliant unicirculated Morgan Dollars exist at low or comparable prices, I think more people will be attracted to these than the Silver Eagle.
I love the ASEs, but have to agree with the naysayers here. The ASEs will never evoke that connection to history that Morgans--and even Peace dollars--do. 100 years from now, people will collect them, but not with the same heartstring connections.
You're having delusions of grandeur again. - Susan Ivanova Well, if you're gonna have delusions, may as well go for the really satisfying ones. - Marcus Cole
I don't see this happening. As has been pointed out; these coins rarely if ever circulate. Also, the dies used to strike these coins vary little if any making the collecting of varieties impossible. As far as collecting a date vs date and mintmark set, it may be the case that they will be the future's Morgan dollars. But I do not see them occupying the seat of Morgan Dollars in the future. Morgan dollars are still highly collectible and one of the most frequently traded coins at shows and the local coin shop. I believe that in the future, the numismatic role of Morgan Dollars will continue to be played by Morgan Dollars, IMO.
<< <i>I disagree - ASE's are Bullion coins and always will be.
I don't care about the varieties, paying the high USM prices for them, or any kind of premium. >>
The Morgan and Peace Silver Dollars were essentially bullion coins too. Minted to placate midwestern populists, absorb silver from western mines, and mostly not circulating.
morgans won't be replaced. but, I bet when they were being circulated, most never thought they would be highly collectable either. so, I do think that ase's have potential to be as collectable in the future, with some going for big money. unfortunately for the rest of us, coinsarefun owns those already. ;-)
<< <i>No way...they're bullion and always will be bullion. It's not a circulating coin and they're ultra common in the highest grades. >>
Weren't Morgans essentially bullion too? I do not believe they circulated that much. They may have made nice targets for gunslingers in the old west though.
Gold and silver are valuable but wisdom is priceless.
<< <i>I wonder what the price of silver will be in 100 yrs? >>
The way they are handling our money these days I would wager that today's prices would look cheap. But then again if society falls apart then we might be using it to fill in pot holes.
Gold and silver are valuable but wisdom is priceless.
<< <i>No way...they're bullion and always will be bullion. It's not a circulating coin and they're ultra common in the highest grades. >>
Weren't Morgans essentially bullion too? I do not believe they circulated that much. They may have made nice targets for gunslingers in the old west though. >>
No, they were minted to circulate (yes, there were political reasons for using up silver for some years, but they did circulate).
<< <i>No way...they're bullion and always will be bullion. It's not a circulating coin and they're ultra common in the highest grades. >>
Weren't Morgans essentially bullion too? I do not believe they circulated that much. They may have made nice targets for gunslingers in the old west though. >>
No, they were minted to circulate (yes, there were political reasons for using up silver for some years, but they did circulate). >>
I guess you are right. If they put a $50 denomination on the silver eagles then that could make them real "circulating" coins. Some are still collectible of course, even still.
Gold and silver are valuable but wisdom is priceless.
You never know. If the government destroys fiat money by inflating it to heck then we may need to use silver eagles for money. Then they would get circulated and many may be removed from their plastic tombs to pay for groceries. After that time, the few that manage to survive in MS70 might be worth something. Probably some good toning to see by then also.
Gold and silver are valuable but wisdom is priceless.
I wonder why the nice, higher graded toned ASE and ASE proofs are going up, up and away in price if they are not collectable?
Some are commanding simaliar high priced toned Morgan's .
As in all coins, there is toning, and the there is beautiful toning and auction prices prove that.
Now there is a book devoted to the ASE collector coming out and recently we are seeing the mint coming with more reverse proofs. And there is talk of something different coming out this year.
Oh ya, ASE's are going to appeal to even the Morgan collectors. I used to collect Morgan's, I actually had two or three PCGS boxes of them. But sold them and kept only one. A 1921 MS66 toned PCGS. Even the CC's were sold.
I never had a compelling feeling to complete a set of morgans as I do with the ASE's. But I am collecting them toned so it takes much longer and much more money.
I never had a compelling feeling to complete a set of morgans as I do with the ASE's. But I am collecting them toned so it takes much longer and much more money. >>
Do you think ASE's can tone naturally in the amount of time they have been around or do they need some assistance like Taco Bell napkins or such. None of the ones I own have toned to my knowledge, unless you count milk spots as toning.
Gold and silver are valuable but wisdom is priceless.
<< <i>I never had a compelling feeling to complete a set of morgans as I do with the ASE's. But I am collecting them toned so it takes much longer and much more money. >>
Do you think ASE's can tone naturally in the amount of time they have been around or do they need some assistance like Taco Bell napkins or such. None of the ones I own have toned to my knowledge, unless you count milk spots as toning. >>
I'm not going to explain why .999 silver tones faster than Morgan's there are countless threads you can search through and figure it out
And of course there are AT eagles just as there are AT Morgan's and every other coin series.
<< <i>I wonder why the nice, higher graded toned ASE and ASE proofs are going up, up and away in price if they are not collectable? >>
Some people like to collect bullion. Try breaking out an MS69 or MS70 ASE out of its holder and try to get something above bullion for it as a raw coin.
I think that American Silver Eagle dollars are going to be the Morgan Dollars of future collectors
given your investment in them and near-promotional posting about them I would expect you to feel as much. what I see in a negative way about them is the same that others have said, they are NCLT which come in three basic types-----perfect Mint State, perfect Proof and perfect with tone. at the same time ASE's do have certain similarities with Morgan Dollars in being a large coin with heft and a probability that the bulk will be melted(or held as bullion). I just don't foresee a wide scale interest and much value not tied to PM's. look at the PCGS price guide and you essentially see two prices-----$35 and $56.
I like that one too Paul! And the 1986 ain't too shabby either.
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Comments
<< <i>Rumor has it that Miles' new book on American Silver Eagles may sell upwards of 20,000 copies. If I am not mistaken, that may be second to just the RED BOOK for most numismatic books sold? Kind of supports your theory?
Wondercoin >>
I know I am buying a copy.
Member, Society of Silver Dollar Collectors.
Looking for PCGS AU58+ 1901-P, 1896-O, & 1894-O
<< <i>I think a lot of these in "bullion storage" or the hands of non collectors...will be melted during all future silver price run ups. You guys (and gals) may get the last laugh after all holding back a few percent from eventual recycling. Personally I think its a nice chunk of metal with a pilfered obverse and a meh reverse. >>
Ahhhh, thanks ambro
I will keep in mind as I add to my hoard
However I don't think many will be melted as they trade for more than bullion prices.
.
CoinsAreFun Toned Silver Eagle Proof Album
.
Gallery Mint Museum, Ron Landis& Joe Rust, The beginnings of the Golden Dollar
.
More CoinsAreFun Pictorials NGC
<< <i>
<< <i>Rumor has it that Miles' new book on American Silver Eagles may sell upwards of 20,000 copies. If I am not mistaken, that may be second to just the RED BOOK for most numismatic books sold? Kind of supports your theory?
Wondercoin >>
I like that
Now the key is to try real hard and convince those without a vested interest to like it...
Signed,
Not the only feisty one on the boards today...
edited to add - nice to have the old Stef back on the boards.
<< <i>
<< <i>
<< <i>Rumor has it that Miles' new book on American Silver Eagles may sell upwards of 20,000 copies. If I am not mistaken, that may be second to just the RED BOOK for most numismatic books sold? Kind of supports your theory?
Wondercoin >>
I like that
Now the key is to try real hard and convince those without a vested interest to like it...
Signed,
Not the only feisty one on the boards today...
Feisty is a good thing
"Now the key is to try real hard and convince those without a vested interest to like it".......... Not necessarily true.
Have you ever tried to convince a non Morgan collector to start collecting.....ain't gonna happen toned. Pl or blast white.
Btw.....hi Jrooco....how have you been ?
.
CoinsAreFun Toned Silver Eagle Proof Album
.
Gallery Mint Museum, Ron Landis& Joe Rust, The beginnings of the Golden Dollar
.
More CoinsAreFun Pictorials NGC
Really glad to hear your news and only hope for the best long long term.
Now why the heck has it been so long since you posted any Lincoln's missy....
<< <i>i wonder if money might be 100% electronic in 100 years
coins might be relegated to the category of cool antiques
Here is my question
why can't the USMint stamp "One Hundred Dollars" on ASE's
then they could circulate as 100 dollar coins
It's no different from having 3 cents worth of nickel and copper in a nickel
I think it would be VERY COOL if ASE'S circulated
and you could get them at the bank
granted it would cost you $100 for one ... but you can always spend it for $100
I mean technically the ASE IS a legal tender coin already and you could spend it for $1 right now.
My only thought is, why did the mint stamp "ONE DOLLAR" only on it, why not "ONE HUNDRED DOLLARS"
so you could start to see these coins circulate. >>
999 silver is to soft for cirlulating coins..The 10%copper in 90 % silver coins made them harder and more durable for circulation
A 90% ASE would be interesting.
"Got a flaming heart, can't get my fill"
Yesterday a co-worker brought me a slightly circulated proof ASE that a customer had spent for wine at the liquor store where he works nights.
Synchronicity...
<< <i>In the 1960's, I would eventually succumb to temptation and carry the Morgan my Grandad gave me up to Ben Franklin 5¢ & 10¢ store to buy candy & such.
Yesterday a co-worker brought me a slightly circulated proof ASE that a customer had spent for wine at the liquor store where he works nights.
Synchronicity... >>
So they do circulate
.
CoinsAreFun Toned Silver Eagle Proof Album
.
Gallery Mint Museum, Ron Landis& Joe Rust, The beginnings of the Golden Dollar
.
More CoinsAreFun Pictorials NGC
<< <i>Sorry but I don't think so. What makes Morgans so appealing to many is not just because of their size and silver content but because of their history as a medium of exchange.
Since ASEs never circulated, there's just not much history to them at all. For that reason, many find them to be very boring (though they can tone very nicely). >>
I agree (except for the boring part), and will add that many people purchase coins because of their relative age (Morgan Dollars are 65-108 years older than the oldest Silver Eagle) and their low price. As long as common date, brilliant unicirculated Morgan Dollars exist at low or comparable prices, I think more people will be attracted to these than the Silver Eagle.
.
CoinsAreFun Toned Silver Eagle Proof Album
.
Gallery Mint Museum, Ron Landis& Joe Rust, The beginnings of the Golden Dollar
.
More CoinsAreFun Pictorials NGC
<< <i>I think the Morgan Dollar will be the Morgan Dollar of future collectors. >>
Bazing.
I have a whole set of uncirculated ASEs, but morgans are just cooler, and have a historical class to them. Especially the CC morgans, and PL's...
<< <i>I still say so
I say nay.
<< <i>
<< <i>I still say so
I say nay.
Mehhh, what do you know.......you collect dirty gold
.
CoinsAreFun Toned Silver Eagle Proof Album
.
Gallery Mint Museum, Ron Landis& Joe Rust, The beginnings of the Golden Dollar
.
More CoinsAreFun Pictorials NGC
Experience the World through Numismatics...it's more than you can imagine.
<< <i>
<< <i>
<< <i>I still say so
I say nay.
Mehhh, what do you know.......you just collect dirty gold
Nuh-uhhh!
<< <i>
<< <i>
<< <i>
<< <i>I still say so
I say nay.
Mehhh, what do you know.......you just collect dirty gold
Nuh-uhhh! >>
Ya-huh.....neener, neener
.
CoinsAreFun Toned Silver Eagle Proof Album
.
Gallery Mint Museum, Ron Landis& Joe Rust, The beginnings of the Golden Dollar
.
More CoinsAreFun Pictorials NGC
<< <i>
<< <i>
<< <i>
<< <i>
<< <i>I still say so
I say nay.
Mehhh, what do you know.......you just collect dirty gold
Nuh-uhhh! >>
Ya-huh.....neener, neener
This argument is more riveting than the BCS Championship game.
<< <i>
<< <i>
<< <i>
<< <i>
<< <i>
<< <i>I still say so
I say nay.
Mehhh, what do you know.......you just collect dirty gold
Nuh-uhhh! >>
Ya-huh.....neener, neener
This argument is more riveting than the BCS Championship game.
This is my house......."When I was young!"
``https://ebay.us/m/KxolR5
<< <i>Nahhh, that's for grey and darksiders
Probably why I would gladly go after nice German States 5M any day over an ASE ...
Happy Rock Wrens
You're having delusions of grandeur again. - Susan Ivanova
Well, if you're gonna have delusions, may as well go for the really satisfying ones. - Marcus Cole
100% Positive BST transactions
<< <i>I disagree - ASE's are Bullion coins and always will be.
I don't care about the varieties, paying the high USM prices for them, or any kind of premium. >>
The Morgan and Peace Silver Dollars were essentially bullion coins too. Minted to placate midwestern populists, absorb silver
from western mines, and mostly not circulating.
<< <i>No way...they're bullion and always will be bullion. It's not a circulating coin and they're ultra common in the highest grades. >>
Weren't Morgans essentially bullion too? I do not believe they circulated that much. They may have made nice targets for gunslingers in the old west though.
<< <i>I wonder what the price of silver will be in 100 yrs? >>
The way they are handling our money these days I would wager that today's prices would look cheap. But then again if society falls apart then we might be using it to fill in pot holes.
<< <i>
<< <i>No way...they're bullion and always will be bullion. It's not a circulating coin and they're ultra common in the highest grades. >>
Weren't Morgans essentially bullion too? I do not believe they circulated that much. They may have made nice targets for gunslingers in the old west though.
No, they were minted to circulate (yes, there were political reasons for using up silver for some years, but they did circulate).
<< <i>
<< <i>
<< <i>No way...they're bullion and always will be bullion. It's not a circulating coin and they're ultra common in the highest grades. >>
Weren't Morgans essentially bullion too? I do not believe they circulated that much. They may have made nice targets for gunslingers in the old west though.
No, they were minted to circulate (yes, there were political reasons for using up silver for some years, but they did circulate). >>
I guess you are right. If they put a $50 denomination on the silver eagles then that could make them real "circulating" coins. Some are still collectible of course, even still.
<< <i>If I send you some of mine, can you make them as pretty as yours.
I'm sure Laura has a list of names that can do this, but she'd rather put them out of business than divulge their names.
Some are commanding simaliar high priced toned Morgan's .
As in all coins, there is toning, and the there is beautiful toning and auction prices prove that.
Now there is a book devoted to the ASE collector coming out and recently we are seeing the mint coming with more reverse proofs.
And there is talk of something different coming out this year.
Oh ya, ASE's are going to appeal to even the Morgan collectors. I used to collect Morgan's, I actually had two or three PCGS boxes of them.
But sold them and kept only one. A 1921 MS66 toned PCGS. Even the CC's were sold.
I never had a compelling feeling to complete a set of morgans as I do with the ASE's. But I am collecting them toned so it takes
much longer and much more money.
.
CoinsAreFun Toned Silver Eagle Proof Album
.
Gallery Mint Museum, Ron Landis& Joe Rust, The beginnings of the Golden Dollar
.
More CoinsAreFun Pictorials NGC
much longer and much more money. >>
Do you think ASE's can tone naturally in the amount of time they have been around or do they need some assistance like Taco Bell napkins or such. None of the ones I own have toned to my knowledge, unless you count milk spots as toning.
<< <i>I never had a compelling feeling to complete a set of morgans as I do with the ASE's. But I am collecting them toned so it takes
much longer and much more money. >>
Do you think ASE's can tone naturally in the amount of time they have been around or do they need some assistance like Taco Bell napkins or such. None of the ones I own have toned to my knowledge, unless you count milk spots as toning.
I'm not going to explain why .999 silver tones faster than Morgan's there are countless threads you can search through and figure it out
And of course there are AT eagles just as there are AT Morgan's and every other coin series.
.
CoinsAreFun Toned Silver Eagle Proof Album
.
Gallery Mint Museum, Ron Landis& Joe Rust, The beginnings of the Golden Dollar
.
More CoinsAreFun Pictorials NGC
<< <i>I wonder why the nice, higher graded toned ASE and ASE proofs are going up, up and away in price if they are not collectable? >>
Some people like to collect bullion. Try breaking out an MS69 or MS70 ASE out of its holder and try to get something above bullion for it as a raw coin.
given your investment in them and near-promotional posting about them I would expect you to feel as much. what I see in a negative way about them is the same that others have said, they are NCLT which come in three basic types-----perfect Mint State, perfect Proof and perfect with tone. at the same time ASE's do have certain similarities with Morgan Dollars in being a large coin with heft and a probability that the bulk will be melted(or held as bullion). I just don't foresee a wide scale interest and much value not tied to PM's. look at the PCGS price guide and you essentially see two prices-----$35 and $56.
<< <i>That 1990 Proof is gorgeous.
-Paul >>
I like that one too Paul! And the 1986 ain't too shabby either.
---------------------------------------------------------------------------------------------------------------------------------------
BONGO HURTLES ALONG THE RAIN SODDEN HIGHWAY OF LIFE ON UNDERINFLATED BALD RETREAD TIRES
<< <i>
<< <i>That 1990 Proof is gorgeous.
-Paul >>
I like that one too Paul! And the 1986 ain't too shabby either.
In hand the 1986 will knock your socks off......as beautiful that 90 is the 86 is amazing
.
CoinsAreFun Toned Silver Eagle Proof Album
.
Gallery Mint Museum, Ron Landis& Joe Rust, The beginnings of the Golden Dollar
.
More CoinsAreFun Pictorials NGC
<< <i>That 1990 Proof is gorgeous.
-Paul >>
I agree, I was about to disagree until I was overwhelmed by the pics. Some kind of Jedi mindtrick.
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