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Raygun99

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Posts posted by Raygun99

  1. I have learned a lot from my original question and the spirited discussion that ensued.  Not sure if it will change my direction but let me clarify any assumptions.

    1) I am not a sophisticated collector -- I just wanted to fill that next slot in my annual Silver Eagle collection, not graded.

    2) The other 20 shipped in the sealed tube to be held for future .  Possibly graded in the future, possibly sold as is, or broken out for individual sales.  

    I had some assumption that because they are US Mint issue the requirement to have assay made them somewhat more trustworthy vs having to have a non-stamped bullion bar.  That certainly gets more clouded as more sophisticated counterfeits come from all over the place.  I suspect even the ASE inventory are peppered or will be with impure/diluted silver if the margin was beneficial. 

    Thank you everyone for your more intelligent views of this market, and practical approaches.  I guess everyone has a different reason to collect.  I seem to straddle the "investment" side and the "artistic" side. The ASE is just a beautiful coin to own.  In that regard art has a premium, and investment has risk/patience. 

  2.   The prices are always more than 30% higher than the spot silver prices when purchased on line from the major silver bullion distributors. Even in the release years.  Is this just the normal mark up?   If so it certainly not as much for appreciation / investing value.  I would just be purchasing 1 or 2 for collector trade value. 

  3. To clarify I initially wanted to own 21 new ones every year . 1x to include in my collectors display book. The remaining 20 tube  to set aside for future value growth.  But a 30% premium would take a long time to appreciate knowing even if I sold them I would have additional costs.  Love to hear how other view.

  4. Kind of new to this hobby and started to look at purchasing 2022 Silver Eagles when they are released.  The mark ups from on line bullion houses (I have looked at several) all seem to be aprox 30% + mark up after S$H.   If I was to purchase 20x the break on prices not that significant.  Silver at $23 oz and on line prices around $33.  Is this the only secure way to purchase ? 

  5. M1967  Not rude at all.  This would be the first time I have ever submitted for grading.  I purchased the commemorative 2021 Morgan/Peace  to include in a display frame I made.  It occurred to me that some may or not be MS70 and warrant in a graded protective slab.  I was hoping it would be a simple process to send the coins in their current holders sent by the Mint.  I joined NGC to try out the process.  I wish I could do some online chat or speak to them to be sure of the process, and fees.