What's the Difference Between Proof, Uncirculated and Bullion Coins? American Silver Eagle
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- Опубликовано: 26 сен 2024
- In this vid I explain the differences between American Silver Eagle Proof, Uncirculated, Bullion and some special edition Reverse Proof coins. I hope you find this information useful. Please post your comments below.
www.usmint.gov/
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Very informative video especially for the new collectors. I've been collecting American Silver Eagles since 1986.
Thank you. Much appreciated.
@@TheRealCobraBurnout Always buy from a trusted dealer.
@@Baldgol4 Definitely. I normally purchase directly from the US Mint on these.
Nice video! One thing people fail to realize is that spot price is the futures derivatives contract price for 5,000 ounces. Hence why physical silver has a premium.
Thanks for your support 👍 great video information
Que maravilla de piezas enhorabuena ya , me gustaría tenerlas en mi colección un saludo desde Málaga 😊☺️😊☺️
Great video with great easy to understand information! Thanks for sharing your knowledge!
Thank you. I appreciate you checking out the vid.
I would point out that the differences between a burnished and bullion coin a little more. Burnished have a deeper and more even matte finish, not polished, and are struck twice. Bullion has a standard non polished planchet and is only struck once by the press, not twice like the proof or burnished.
Excellent
Very cool...The detail is crazy good . Way over priced tho .. I did the same with the state quarters years ago .
Hey feller
Good video. When you can updated adding the Enhanced and the enhanced reverse proof! Coins.
I bought the 2020 and 2021 W uncirculated burnished bullion eagles but they're not something I will buy anymore until a new design is released. I also chose to hold off on the proof and reverse proof since this is only the first year of type 2 and it should be around for at least another 25 years. I should have plenty of time to buy those finishes in the future.
This is true. The redesign will be around for a while. I think the hype this year is both Type 1 and Type 2 being released for 2021.
@@TheRealCobraBurnout Ironically they never made a 2021 W Type 1 uncirculated burnished coin. That's why I got the 2020 instead for Type 1. They could have made that a double set too, same with the proofs.
@@misterTVman I noticed that. Kinda odd looking back on it now.
A 1/4 oz silver coin from Canada has a 5 dollar face value. It would be nice if our eagles had a 20 dollar face, but I guess it wouldnt be a silver dollar then.
So true. For the amount of silver in these eagles $20 should be minimum in my opinion. I'd be fine with it losing that "silver dollar" namesake.
A 1 oz. silver Maple leaf is $5 CA... any 1/4 oz. coin you may have is either 1) a special coin making the comparison apples to oranges, or 2) counterfeit.
🤝📈
I have a 2000 1 Oz silver dollar coin I want to know if it's worth anything..
Its worth at least spot value of 1oz of silver.
Is this better collecting then gold?
Silver is more volatile than gold but cheaper to obtain.
Hey, thanks for the detailed explanation.
I just checked the US Mint website cause I'm considering subscribing to the Morgan and Peace Dollars program, and I noticed two things:
1. Unlike the American Eagle uncirculated coin, the Morgan and Peace Dollars uncirculated coins have no mint mark on them.
2. The Morgan and Peace Uncirculated coins have a lower mintage limit than the Proof ones (275.000 vs 400.000).
So it makes more sense to me to go for the lower mintage version rather than the Proof one.
Isn't rarity > finish?
Any thoughts on this?
I grab at least one of each if you can. That is my plan currently. The Proof coins will have a bit higher cost and normally a higher demand. But I like both finishes personally. All these type of coins are an uphill battle to recover your money. They cost more than double over spot for the silver content. With that said, when I have needed to resell, I never lost money (so far).
THESE COINS HAVE NUMISMATIC VALUE. 2021 2023 2024 MORGAN AND PEACE DOLLARS ALL HAVE
275,000 300,000 400,000 MINTAGE. COLLECTORS AND INVESTORS WILL PAY PREMIUMS IN 5 YEARS WORTH DOUBLE TO TRIPLE THEIR MINT PRICE. SLABBED CERTIFIED WILL BE WORTH EXTRA. I HAVE MULTIPLE SLABBED CERTIFIED SETS I WILL SIT ON FOR 10-20 YEARS AND SEE WHAT THAT BRINGS. I HAVE A BOX OF A COUPLE HUNDRED MORGANS AND PEACE DOLLARS IN CIRCULATED CONDITION THAT I LOVE TO HANDLE AND LISTEN TO THEIR PING. NOTHING LIKE A HISTORIC CARTWHEEL IN YOUR HAND.
I just got mine
excellent
So the mint is alleging that proof coins have a mirrored finish solely due to polishing the dies and blanks prior to striking them more than once? Seriously?
I'm not sure what you are inferring. Do you think they polish the coins afterwards or something?
FROM SOMEONE WHO OPERATES A MINTING PRESS THAT'S IT. NOTHING MORE NOTHING LESS.
Wow, thank You... Just Getting Back Into Buying Silver, again...
Your video was very Helpful to me...
♥♥♥♥♥
Good deal. Thanks
not really good to explain prooflike on a coin thats not really prooflike. i dont know what the u.s. mint is doing wrong, but other mints have mirror finished prooflike coins. you can look on the prooflike coins from the pressburg mint. proof is polished (stamp, maybe the blank, more than onetime stamping), prooflike is polished (maybe only the blank, maybe only onetime the stamp hits the blank) and bullion is the same as the coins for circulation.
A lot of counterfeit Silver Eagle coins out there. Be very careful. A good deal may not be so good.
I pretty much buy these exclusively from the US Mint when they release.
I like having silver, because the Government doesn't need to know about it...sssshhh
Gotta keep it on the DL. Big Brother is watching you!
Its a sad thing that we should be concerned about our government like we lived in Russia or China. TRUMP wont screw us vote Trump