it's ridiculously easy to PROVE that silver eagles are mere bullion (ie silver rounds)
dorkkarl
Posts: 12,691 ✭✭✭
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dorkkarl
Posts: 12,691 ✭✭✭
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How does it impair YOUR enjoyment in collecting?
Why do you insist that others must think like you (yech!) or do things the way you want it done?
I didn't get the memo that someone died and made you the collector's god.
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
Russ, NCNE
<< <i>just look here
K S >>
Have you been tested for Genius potential?
To have it encapsulated and graded though is ......well.....I won't go there.
will be many people standing around with their slabbed bullion
that paid double or more then the intrinsic value of the round.
they will need money and goto the coin show and try to sell them.
the dealer will at that point in time explain to them that they are
bullion and will only be offered melt for them, slabbed or not.
thanks to slick marketing people are being led to believe these bullion
rounds have more potential as an investment then just due to the
metal itself. Somehow a plastic holder with a number on it magically
turns a bullion round into collector material!
oh sure in a 100 years after many have been melted/destroyed they
may be a true collectors item, especially those in pristine condition..
but what good does that do the people being misled today?
the more people we convince now that this is slick marketing (first strike) the more people's money we save.
but alas, collect what you like! is very bad advice without being
brutally honest to the people collecting it.
-Paul
<< <i>
oh sure in a 100 years after many have been melted/destroyed they
may be a true collectors item, especially those in pristine condition..
>>
Why 100 years. Lots of the Morgans came out only 30 or 40 years ago and look how well they've done.
<< <i>American Eagle Proof and Uncirculated Coins for Collectors
The United States Mint produces proof versions of American Eagle Bullion coins for collectors. American Eagle Proof Coins undergo a specialized minting process, which begins by manually feeding burnished coin blanks into presses fitted with special dies. The coin is struck multiple times so the softly frosted, yet detailed images seem to float above a mirror-like field. After scrutiny by white gloved inspectors, each American Eagle Proof Coin is sealed in a protective plastic capsule and mounted in a handsome satin-lined velvet presentation case with its own official Certificate of Authenticity. Since American Eagle Proof Coins are produced by the United States Mint, each coin's content, weight and purity are guaranteed by the United States Government. American Eagle Gold, Silver, and Platinum Proof Coins have a limited mintage and can be purchased directly from the United States Mint.
In 2006, the United States Mint added another member to the American Eagle family of precious metal coins. Collectors can purchase American Eagle Uncirculated Coins in silver, gold and platinum directly from the United States Mint. >>
"Dork" should read and understand the last sentence. If the coins were "Bullion" only and not coins then they would be a commodity and regulated as such.
<< <i>oh sure in a 100 years after many have been melted/destroyed they
may be a true collectors item, especially those in pristine condition..
>>
...And they've had extremely high survival rates which is less likely for the eagles.
Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."
<< <i>Why 100 years. Lots of the Morgans came out only 30 or 40 years ago and look how well they've done. >>
Morgan dollars were minted from 1967-1977 ????
<< <i>just look here
K S >>
Read the whole page. They are also selling proof eagles. These are pretty high premiums for mere bullion.
Who gets to decide what's collectible and what's bullion. If it's the mint then they've apparently decided they must be collectible.
you need to extrapolate your mindeset, if that is possible.
collect, invest, enjoy, buy, sell - - to each is own.
why do you care that someone is d-i-f-f-e-r-e-n-t than you are?
where is the "pathetic" icon anyway?
<< <i>
<< <i>Why 100 years. Lots of the Morgans came out only 30 or 40 years ago and look how well they've done. >>
Morgan dollars were minted from 1967-1977 ???? >>
They weren't too widely collected until the mint dumped their vaults of the coins starting in 1962. Many millions of Morgans were still being released into the 1980's.
A lot of the clad has actually been around longer and they've worn out in circulation rather than sat in collections.
Steve
i really would not want my friends or family buying this type of stuff
would you?
collect what you like! :-(
edited to add: excuse me, add in shipping, now it is 50+ dollars
for one ounce of silver labeled 1 dollar by the mint so they can
call it a coin?!?
it was 21.95 from the mint a few months back.. which is quite expensive in my mind..
but at least reasonable. what did the plastic
do except fleece a collector from his money???
collect what you like! :-(
<< <i>I hope someone finds this interesting.
Hell, I hope anyone finds Dork interesting.....Not!!
Why does smoeone who hates plastic (as much as you so loudly and persistently claim to) spend one iota of time on a plastic-company sponsored message board? Is your life that pathetic?
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1
<< <i>45 dollars for a 2007 silver bullion round first strike in pcgs ms69 plastic.
i really would not want my friends or family buying this type of stuff
would you?
collect what you like! :-(
edited to add: excuse me, add in shipping, now it is 50+ dollars
for one ounce of silver labeled 1 dollar by the mint so they can
call it a coin?!? >>
Anyone investing in these is behaving foolishly, probably. But the
same can be said for "investing" in nearly any coin. If a person is
collecting these then, yes, he might lose money, but the enjoyment
he gets will outweigh the losses.
What a lot of detractors overlook is that if most of the demand is from
real collectors rather than investors then the possibility of substantial
increases exist. Collectors don't bow out at the first sign of a downturn
and they steadily add to their collections. If the base continues to increase
then prices will rise.
I'm not going to predict if these will get more or less popular. Collectors
don't care and investors should think for themselves.
in the mint packaging? why this fixation on having them slabbed?
why do people call them coins? i have never seen one spent...
i have a feeling that the majority of the people buying these will
not hold them for decades. what do you think? like all fads this one
will slow down and prices will tumble.
it is our duty as collectors to warn our fellow collectors of this
distinct and very very possible occurence. anything else is not
being honest with them.
old timers know how the collectable market is.... pretty darn predictable with these types of fads. how are proof sets doing? ;-)
Interestingly, I expect that most people who do have an interest in these couldn't care less what I think about them anyway.
On a more positive note, at least the OP is here in a harmless coin chatroom where he can't do too much damage, and isn't out vehemently expressing his political or religious views and trying to convince us all that we are wrong in whatever respective beliefs we hold.
<< <i>it is our duty as collectors to warn our fellow collectors of this distinct and very very possible occurence. >>
--Better yet, just mind your own business and collect what you like.
I agree. DorkGirl is very polite, friendly and has a pleasant demeanor.
I don’t think she’d ever tell anyone their baby is ugly… even though she thought it was.
<< <i>I've personally never had any interest in these, but I have even less interest in trying to convince other people that they shouldn't have any interest either.
Interestingly, I expect that most people who do have an interest in these couldn't care less what I think about them anyway.
On a more positive note, at least the OP is here in a harmless coin chatroom where he can't do too much damage, and isn't out vehemently expressing his political or religious views and trying to convince us all that we are wrong in whatever respective beliefs we hold. >>
Unless you know him personally *shudder*, you don't know that he isn't out doing those things. People that are whacked out on message boards may also be whacked out vehemently spewing their radical beliefs.....
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
<< <i>
<< <i>
oh sure in a 100 years after many have been melted/destroyed they
may be a true collectors item, especially those in pristine condition..
>>
Why 100 years. Lots of the Morgans came out only 30 or 40 years ago and look how well they've done. >>
Yeah, except when they came out silver was still circulation or had just been removed from circulation. Now we're 100% clad.
it is almost too easy to go back in time here and find where you
could just not resist minding your own business.
in this thread, you seem to have quite a vocal opinion on certain designations.
i am quoting you,
"Dump the silly designations and be done with this mess while you can still save some face."
collect what you like!
anyway, my points in this thread still stand and you seem to agree
with some of them.
<< <i>
<< <i>just look here
K S >>
Have you been tested for Genius potential? >>
.
CoinsAreFun Toned Silver Eagle Proof Album
.
Gallery Mint Museum, Ron Landis& Joe Rust, The beginnings of the Golden Dollar
.
More CoinsAreFun Pictorials NGC FOR SALE
President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay
American Eagle Silver Bullion Coins
"American Eagle Silver Bullion Coins are affordable investments, beautiful collectibles, thoughtful gifts and memorable incentives or rewards. Above all, as legal tender, they're the only silver bullion coins whose weight and purity are guaranteed by the United States Government. They're also the only silver coins allowed in an IRA."
"Legal Tender Bullion Coins"
PS.
I LIKE IKEs!
<< <i>The thing that bugs me most about this post is what has bothered me most since I started collecting coins. Everyone is always telling me what I should and should not collect. How I should and how I should not collect coins. There is NO right way or wrong way to collect things. If I want to buy hundreds of Carson City dollars and incase them in super glue, that is my business. It is my collection. If I want to buy bullion coins and have them encased in plastic, it is my right. I love debate and I like this board (I read alot more than I post) but for the life of me I have never been able to understand why someone would criticize someone else for what they collect (or for that matter their collection). >>
Well said.
PS.
I LIKE IKEs!
<< <i>The American Eagles Program of the US Mint
American Eagle Silver Bullion Coins
"American Eagle Silver Bullion Coins are affordable investments, beautiful collectibles, thoughtful gifts and memorable incentives or rewards. Above all, as legal tender, they're the only silver bullion coins whose weight and purity are guaranteed by the United States Government. They're also the only silver coins allowed in an IRA."
"Legal Tender Bullion Coins" >>
I don't know why, but one word comes to mind...
Liberia
so you do not go through something like this. a quote from a current
post today:
"Not all flippers are bad. I need guidance as to if a contemplated action is both ethical and acceptable.
A while ago, I bought 100 2006-W ASE PCGS MS69 from a board member here. At the time, I thought that since PCGS didn’t 70, and it was early in the process, I had a better than average chance of having several cross to NGC as 70s.
Fast forward to today, and 75% of these have milk spots visible at 5x. So, should I crack and “do the acetone dip” and then resubmit for grading? If not for the milk spots, several look flawless to these old eyes.
FloridaBill"
just another reason to treat these like the bullion rounds they are.
i have never heard of any other "coin" getting spots in such quantity!
<< <i>hockeyfan9,
so you do not go through something like this. a quote from a current
post today:
"Not all flippers are bad. I need guidance as to if a contemplated action is both ethical and acceptable.
A while ago, I bought 100 2006-W ASE PCGS MS69 from a board member here. At the time, I thought that since PCGS didn’t 70, and it was early in the process, I had a better than average chance of having several cross to NGC as 70s.
Fast forward to today, and 75% of these have milk spots visible at 5x. So, should I crack and “do the acetone dip” and then resubmit for grading? If not for the milk spots, several look flawless to these old eyes.
FloridaBill"
just another reason to treat these like the bullion rounds they are.
i have never heard of any other "coin" getting spots in such quantity! >>
Thank you for proving my point!!! And better than I did!!!!
PS.
I LIKE IKEs!
<< <i>
<< <i>hockeyfan9,
so you do not go through something like this. a quote from a current
post today:
"Not all flippers are bad. I need guidance as to if a contemplated action is both ethical and acceptable.
A while ago, I bought 100 2006-W ASE PCGS MS69 from a board member here. At the time, I thought that since PCGS didn’t 70, and it was early in the process, I had a better than average chance of having several cross to NGC as 70s.
Fast forward to today, and 75% of these have milk spots visible at 5x. So, should I crack and “do the acetone dip” and then resubmit for grading? If not for the milk spots, several look flawless to these old eyes.
FloridaBill"
just another reason to treat these like the bullion rounds they are.
i have never heard of any other "coin" getting spots in such quantity! >>
Thank you for proving my point!!! And better than I did!!!! >>
Doesn't matter. These are designated as coins so just get used to it. Also, platinum and gold eagles don't get milk spots so this silly logic is plain silly.
as for out of context i gave the original thread for people to check
against such claims. feel free to look at the thread anyone.
these bullion round coins use such designations that you disagree
with. first strike/20th anniversary. correct?
why not mind your own business and allow others and pcgs to
continue on that path they have chosen without voicing your opinion
to the whole chatroom?
in a round about way you are admonishing collectors and pcgs?
anyway, i am glad you posted what you did. i agree with it 100%.
i am just pointing out the fact that you seem to not wish for me
to voice my opinion yet you feel free to voice yours.
what you call criticize i call constructive criticism.
most people can handle it and not be influenced by it unless it makes
sense for them.
no one is telling you personally what to collect. we are day dreaming
about the collecting of an item.
did anyone refer to you directly? no.
such thin skin...
plus i am not sure how i proved your point... i was pointing out a risk
of collecting pure silver and paying a ton of money for it in pristine
condition.
would have floridabill bought 100 of these coins if he knew of the
consquences and been fully informed? that is the purpose of these
boards btw.
<< <i>i am just pointing out the fact that you seem to not wish for me to voice my opinion yet you feel free to voice yours >>
-- since you only engage in pissing matches, you must think it's always raining.
i will consider our conversation over. anyone is free to review
your post in that thread and make up their own mind!
PS.
I LIKE IKEs!