Well when you think about it for one brief moment- it really should be SE-A unless we are buying s from Canada then it should read SEA/C or it could be listed as C/ASE but then the value would not be as much.
They are American Eagles. I have always used SAE as in Silver American Eagles. The mint actually refers to them as American Eagle Silver Unc or American Eagle Silver Proof. Looks like the correct abbreviation should be AES.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>Just don't call it a genuine silver dollar coin. >>
The US Mint calls ASE "coins" so that might be an uphill battle. If they are not genuine, are they counterfeits? If they are not worth a dollar, what face value do they have? If they are not coins, what should we call them?
<< <i>Actually, where/why did the term eagle get applied to this item? >>
Did the US Mint first apply the term "American Eagle" to their bullion coins?
Congress calls them coins, but I will avoid a semantics pissing match. NCLT are clearly different.
Not sure why whomever chose to name them eagles did so. Never made sense to me as the eagle was already established as $10. A name's a name and it hardly matters at this point. However, perhaps someone knows the origin of what seems to be a misappropriation of the denomination term.
<< <i>Congress calls them coins, but I will avoid a semantics pissing match. NCLT are clearly different. >>
Given that the three major categories of metal rounds are coins, tokens and medals, where do you think NCLT fit the best? If not coins, should they be tokens or medals? Tokens are generally used for private commerce at face value and medals aren't generally used for commerce at all so are NCLT better classified as medals, as opposed to coins or tokens? I've taken a liking to classifying NCLT as medals. However, if you don't think tokens or medals are more fitting, then coins is probably the best category.
<< <i>Not sure why whomever chose to name them eagles did so. Never made sense to me as the eagle was already established as $10. A name's a name and it hardly matters at this point. However, perhaps someone knows the origin of what seems to be a misappropriation of the denomination term. >>
They probably watched a catchy name for the bullion programs and most new collectors the Mint is trying to reach probably have never heard of gold coins called eagles. As for being a "misappropriation of the denomination term," from what I've seen, there isn't a single US coin that is denominated in "Eagles" though the Stella has been used as a denomination. This privately issued pioneer gold piece is the only metal round that I've run across that actually says "Eagle" on it. Are there other coins, tokens or patterns that have "Eagle" as a denomination on them?
Comments
unless we are buying s from Canada then it should read SEA/C or it could be listed as C/ASE
but then the value would not be as much.
I still think they call er BUILLION.
-Paul
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Actually, where/why did the term eagle get applied to this item? An eagle is a $10 piece.
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<< <i>Just don't call it a genuine silver dollar coin. >>
The US Mint calls ASE "coins" so that might be an uphill battle. If they are not genuine, are they counterfeits? If they are not worth a dollar, what face value do they have? If they are not coins, what should we call them?
<< <i>Actually, where/why did the term eagle get applied to this item? >>
Did the US Mint first apply the term "American Eagle" to their bullion coins?
Not sure why whomever chose to name them eagles did so. Never made sense to me as the eagle was already established as $10. A name's a name and it hardly matters at this point. However, perhaps someone knows the origin of what seems to be a misappropriation of the denomination term.
NSDR - Life Member
SSDC - Life Member
ANA - Pay As I Go Member
<< <i>Congress calls them coins, but I will avoid a semantics pissing match. NCLT are clearly different. >>
Given that the three major categories of metal rounds are coins, tokens and medals, where do you think NCLT fit the best? If not coins, should they be tokens or medals? Tokens are generally used for private commerce at face value and medals aren't generally used for commerce at all so are NCLT better classified as medals, as opposed to coins or tokens? I've taken a liking to classifying NCLT as medals. However, if you don't think tokens or medals are more fitting, then coins is probably the best category.
<< <i>Not sure why whomever chose to name them eagles did so. Never made sense to me as the eagle was already established as $10. A name's a name and it hardly matters at this point. However, perhaps someone knows the origin of what seems to be a misappropriation of the denomination term. >>
They probably watched a catchy name for the bullion programs and most new collectors the Mint is trying to reach probably have never heard of gold coins called eagles. As for being a "misappropriation of the denomination term," from what I've seen, there isn't a single US coin that is denominated in "Eagles" though the Stella has been used as a denomination. This privately issued pioneer gold piece is the only metal round that I've run across that actually says "Eagle" on it. Are there other coins, tokens or patterns that have "Eagle" as a denomination on them?