I think that American Silver Eagle dollars are going to be the Morgan Dollars of future collectors

astrorat · January 11, 2013 12:20AM

<< <i>It's possible as there is no real contemporary alternative. >>

Not just possible, it's true. Silver Eagles may be "THE" coin to collect in the future, but a comparison to the Morgan dollar is the proverbial "apples and oranges" contrast.

Justacommeman · January 11, 2013 1:08AM

The ASE's could be the go to coin for future collectors. Newer collectors rarely if ever had the thrill of finding good stuff in circulation so they are wired different. Circulation will bore them. ASE's offer a big coin, moderately easy to access, it has a few keys to make things interesting. Throw in some stunning proofs and some toners and the house is rocking and Stef's doing the dirty under the limbo bar.The fuse has been lit................................

My guess is the ASE collectors already well out number the Franklin guys and the dime guys if you added them together. Don't take crap from them.

On a side point I have three collecting friends that all have 1million dollar+ commem collections. It's all they collect except for one side project. That side project is Toned ASE's and they are passionate about them.

I think the momentum is on Stef's side.....................I don't own a morgan or an ASE................weird

MJ

coinsarefun · January 11, 2013 1:45AM

<< <i>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. >>

I thought it was called collecting? Or for that matter a passionate collector?

If I post them at a near-promotional way as you say, then all members here that post their new toned Morgan
Or any other coin for that matter should be accused of near-promotional levels?

When I collected tokens I actually got a few collectors back into collecting tokens

And I still collect tokens too.

keets · January 11, 2013 1:46AM

I don't own a morgan

you realize that there is something wrong with that, right???

coinsarefun · January 11, 2013 1:47AM

Thanks MJ, very well said. I know quite a few dealers that have silent collections of tokens and toned ASE's
They keep absolutely quite about this and try to buy one is not going to happen

<< <i>The ASE's could be the go to coin for future collectors. Newer collectors rarely if ever had the thrill of finding good stuff in circulation so they are wired different. Circulation will bore them. ASE's offer a big coin, moderately easy to access, it has a few keys to make things interesting. Throw in some stunning proofs and some toners and the house is rocking and Stef's doing the dirty under the limbo bar.The fuse has been lit................................

My guess is the ASE collectors already well out number the Franklin guys and the dime guys if you added them together. Don't take crap from them.

On a side point I have three collecting friends that all have 1million dollar+ commem collections. It's all they collect except for one side project. That side project is Toned ASE's and they are passionate about them.

I think the momentum is on Stef's side.....................I don't own a morgan or an ASE................weird

MJ >>

coinsarefun · January 11, 2013 1:48AM

<< <i>I don't own a morgan

you realize that there is something wrong with that, right???

>>

Finish reading.....'or any other series"

You don't collect anything other than reading the board here and going to local shops?

coinsarefun · April 1, 2013 1:43AM

At more than $86,000 for a 1995-W ASE PR70DCAM and the new enhanced silver eagle coming out this year I think I might be on to something

2manycoins2fewfunds · April 1, 2013 2:06AM

Really, really stupid money to pay for a label.

There are almost certainly equally nice coins that have not been submitted or that currently reside in NGC PR70 holders.

BillJones · April 1, 2013 2:28AM

Anything could happen, but I don't think so.

You don't have the romance of the Old West, cowboys and the Carson City mint connected with these coins. They are basically a way to invest in silver bullion. Yes, the design is attractive, but I have less interest in these coins than I do Morgan dollars, and I'm not a Morgan dollar fan.

291fifth · April 1, 2013 2:32AM

Melt 'em.

jmski52 · April 1, 2013 2:45AM

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.

Let's go back and consider the "100 Years Theory" for a moment. A hundred years ago, nobody would've predicted that Peace Dollars would be anything other than bullion or NCLT. Oh, that's right - they didn't even exist. A hundred years ago, the Fed wasn't printing or electronically creating $85 Billion a month to purchase Treasuries with, and the silver dollar was used (sporadically) as currency in some Western states.

Reagan may have been much smarter than many people give him credit for, in authorizing a return to the production of silver and gold coinage in bullion and commemorative form. There is a growing recognition that something's not right with the way money is created and distributed, with the ability of banks and governments to levy direct tax on depositor accounts, and with brokerage houses being released from liability for rehypothecating (stealing) segregated client funds.

It may be that in some unpredicable way, coinage resumes a more prominent role in the monetary scheme of things. A hundred years from now, it may be an interesting case study to see how history repeats itself many times over.

rec78 · April 1, 2013 3:26AM

There is no challenge to collecting silver eagles or any NCLT coins for that matter. They never circulated and never will-thus no circulated examples for those who don't want to collect BU or Proof coins. Which costs more, a vf morgan or a silver eagle? I think that most new collectors who want to spend $30 or more for a coin will go with Morgans even if they are circulated. THEY ARE A LOT NEATER, and more historical for that matter.
Bob

Prethen · April 1, 2013 4:57AM

Very expensive piece of plastic.

Unknown · April 1, 2013 5:07AM

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ricko · April 1, 2013 6:45AM

I agree Stef.... I do believe they will be the big silver collectible years down the road. Many people are collecting them now. Cheers, RickO

WTCG · April 1, 2013 6:52AM

Morgan Dollars will be the Morgan Follars of the future. ASE's were specifically made to be billion coins and are never made for circulation. Large enough quantities exist that make 1881-S Morgans seem as scarce as Seated Dollars. More circulated examples of Morgans exist than uncirculated examples while 99% (or more) of the uncertified ASE's supply out there would grade MS68 or higher.

GRANDAM · April 1, 2013 6:58AM

OK, I use to have complete sets of Silver Eagles,,,, both raw and graded,,,,,,,,, BUT they started spotting & I got tired of dealing with them so I sold all of them.

Now the accepted opinion is that lack of a proper rinse at the Mint causes these spots.

My question is has the Mint made any attempt to correct this problem?

If so has it worked?

I would like to get some of the special finish coins but won't do so as long as this problem is still around.

GrandAm

coinsarefun · August 11, 2013 9:25AM

Ahhhhhh, yep....its taking a stronger hold with the collectors

oldsubguru · August 11, 2013 9:31AM

I must disagree simple because the silver eagles will never achieve the errors and varieties that are found on Morgans. Take a look at VAM world and try envisioning silver eagles in the same context; just wont happen.

GoldenEyeNumismatics · August 12, 2013 11:27PM

Why would Morgan Dollars not remain the Morgan Dollars of the future?

For the most part, they're just as cheap, just as available, nearly as big, and arguably more fun to collect.

TwoSides2aCoin · August 12, 2013 11:30PM

This young man ( I call him young). He's a father, business man, etc... comes into the shop every month to get his "Silver Eagle" for his collection. Once he gets it complete, I will probably only see him once a year.

I think that American Silver Eagle dollars are going to be the Morgan Dollars of future collectors

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