Walter Holmes

On 3/29/2022 at 10:59 AM, VKurtB said:

A few months ago I had 50 ASE’s to sell and the HIGHEST offer I got was spot. Most dealers offered BELOW spot. 

The next time reach out to me if I’m not interested I will refer you with a letter of introduction to an authorized US Mint bullion buyer who will be. They’re located in the US

On 3/26/2022 at 6:43 PM, VKurtB said:

I am speaking specifically of American Silver Eagles. Dealers pay ZERO premium for any of them. But they ALL charge premiums for any special anything. 

That’s changing because the silver bullion secondary market has dried up. For the last two years most bullion sales have been new product. Since people are not selling some distributors are now offering $6.00 over spot for ASE’s to satisfy demand. Of course,  the down side is the ask price premium is in the range of $11 to $18 over spot.

I have one autographed 2015 ASE by Pedro Martinez. This is the year he was inducted into the Hall of Fame. A Mercanti might be nice on a 2021 Type 1 ASE. Other than that I see no increase in value with such autographed ASE’s except you pay a lot more for 1 oz of silver. 

On 3/22/2022 at 4:34 PM, J P Mashoke said:

 I agree there is a lot of hype out there. Don't get me wrong I love my ASE's I have all the years and two MS70's in slabs and a proof only because they were not much over spot and a good deal for there dates. It is a really nice Raw Coin Set. I hand picked them for all for the kids, grandchildren and great grand children. I would call them all MS. But in the end they are not worth what I was hoping they would be in my lifetime. If I were to sell them today I may get $30 a piece if I am lucky. Oh sure some of the dates are worth more but a dealer would not want to pay more unless it was in a PCGS or NGC slab maybe. Remember to most dealers it is only bullion and he has to resell them to pay his bills.  Wow look at me ranting off track LoL.................. What Coinbuf said is all you need.... .........LoL

Current bid price on common dates is 30.25, 1996 wholesale is 70. Premiums on ASE’s are skyrocketing, You could sell common dates on ebay for 35-42, investor / collector may be willing to pay up to 38 each. 

On 3/3/2022 at 8:57 PM, Lem E said:

96 was the lowest mintage of all the bullion eagles.

Yes, that’s my concern the 1996 ASE is the key date. It’s not just bullion as the retail cost is approximately silver spot price plus $52 premium. The toning bothers me. 

Just purchased a tube of 1996 American Silver Eagles. Of the 20 bullion coins one (1) is toned/tarnished along the entire edge.  No other coins were effected. The outlier was located in the middle of the tube, obviously the tube had been opened at some point and the coins randomly replaced in tube. To what extent does  this alter value?  Is cleaning an option, perhaps dipping in xylene? 

Yes,  both the 2021 ASE Type 1 and Type 2 are struck in opposite directions on the obverse and the reverse. 

NGC graded 130,266 American Silver Eagles dated 1996 with the lions share at MS69. I would like to know if there is any way to find out the total number of coins submitted but were not specifically graded although placed in holders marked BU. 

On 12/20/2021 at 8:36 PM, Woods020 said:

No way to know for certain, but toning is caused by a reaction with some substance. It can be from the environment or some surface/chemical it came into contact with. Often when rim toning is present it comes from spending time in a coin album. You will see this and many other types and colors of toning on many coins. 

Thank you. I’ve never seen rim toning in a gold color before. The pics are not edited. It is a bright gold that seems to frame  the proof like qualities of the coin and increase the eye appeal. 

Just picked this up, it has very attractive eye appeal. However, I would like to know what caused the gold colored toning around the edge on both the obverse and reverse. Any Ideas?

Too many counterfeit coins from China. Rule of thumb:  Morgan’s  will not sell for less than the silver melt value plus a premium. Sorry this happened to you. Seen a lot of these lately. Do you have any recourse to get your money back? 

On 11/15/2021 at 11:12 PM, zadok said:

...i never use the tariff numbers n i never state that it is anything close to the name of any actual currency or legal circulating currency....use ur imagination....commemorative medal, memorial token, etc etc .....if u prefer to list the item as its actual numismatic name then it would probably be best to use a third party insurer to cover it....additionally, most of the coins i receive from europe r listed the same on the various customs forms...tokens, medals, commemorative etc.....

Nieveity is bliss  Thank you for all of your help. 

On 11/14/2021 at 10:30 PM, zadok said:

...there r numerous ways to ship collector coins to UK n EU countries legally n sensibly, most do have some risks n loss protection issues however....the intent of the usps codes r meant to discourage shipments of legal circulating currency n bullion n high dollar untraceable items, but if u choose to do so the restrictions r calculated to trace or track dollar amounts being shipped etc...replacement value of lost/destroyed/stolen items is at the peril of the sender n the non-consistency of the usps claims process....there r numerous third party insurance firms available to offset this risk...i frequently ship collector coins to many countries in the world mostly without consequence, some countries should be avoided as their postal systems r suspect n often without recourse...for coins like morgans as u mentioned  in the $100-$200 range i just use the registered mail with corresponding insurance n take my chances...for high dollar items $1000-$20,000 i use third party coverage like Parcelpro, there r others...for $20,000-$50,000 i use couriers...u should read the coverage disclosures carefully, often the policies address specific items n at times refer to collectibles, id obtain confirmation that the item u r shipping is covered as a collectible...personally i have had minimal issues over a 30+ year period....3 or 4 issues of lost or stolen items in international shipments totaling less than $2000, actually have had more claims on items within the US than internationally.....

I went to the USPS and used the tariff number for coins and metal which they promptly refused to ship. Could you tell me what you use for a description and tariff number in the customs form. The value of the Morgan is $185.00 . Thank you

Need some help how do you ship (legally) numismatic coins to the UK from the USA when USPS won't ship collectible coins internationally? Hope someone out there knows how to do this. I note dealers on MA-Shops are required to ship worldwide there must be a way. Thanks.

Melt value only. Not a cent more. 

On 9/12/2021 at 1:17 AM, James Zyskowski said:

I will cosy up here and learn with you. Redbook sez there’s only 35,401 and they seem to be proofs 

My understanding is most of the 35,401 were destroyed and only a few matte proof still exist. Need to research more🧐

Thanks Lisa B.
 

I appreciate your taking the time and that of others to review my slab. 

Traveling this week will post side view pictures over the week end. Thanks

On 8/30/2021 at 11:16 PM, Coinbuf said:

Can you split the holder at all in any spot?   The sonic sealer does indeed melt the plastic halves together so what I see in the photo is not all that unusual.   But a side view would be needed to say for sure.travrr red long 

On 8/30/2021 at 10:01 PM, VKurtB said:

Check out how much a NGC reslab is. I have a few candidates as well. I came home from Rosemont with three new 50 slab boxes. Time to redistribute.

It would appear the re-holder charge is $13 USD plus $10 handling fee plus shipping. This is providing it is currently in an NGC slab

On 8/30/2021 at 9:30 PM, VKurtB said:

It looks as if it may have been resealed. It's one of "only" 16,178 PF70 2008 ASE's graded by NGC.

I purchased this with a number of other slabs. Upon examining it, the corners and sides just didn’t look or feel right. It came from a reputable dealer. My first thought was the coin is either counterfeit or was substituted with another coin. I don’t know. Should I send it in to be reslabbed and/or graded?

I posted this on Ask NGC, however, I was curious what other people thought. As this is a 2008 ASE I’m not sure if there were obvious slab defects when grading and slabbing done long ago. My original post is: 

“Unfortunately I only have front view of slab. Side edges are not smooth, but has areas that are rough as if it was melted. Frontal view has noticeable cloudy ares on left and right sides. Could this have been tampered with? ”

Unfortunately I only have front view of slab. Side edges are not smooth, but has areas that are rough as if it was melted. Frontal view has noticeable cloudy ares on left and right sides. Could this have been tampered with? 

PF70 is not a guaranty for any proof from any mint. There may be minor or slight imperfections  on the coin that would not make it qualify as a PF70 . It should be gem quality so I usually look for them to be in  the range of PF65 to PF70