Hi All.
I noticed something odd, maybe troubling too, at least with regard to the 10/10/23 release of the 2023-S ASE today.
First, I’ve personally stopped buying any raw and/or ungraded ASE directly from the US Mint. Now - with what I’ve just read on the US Mint’s website, regarding the 2023-S proof ASE, it only further validates that decision.
What I learned today is this; the 2023-S proof ASE (American Silver Eagle) is now being minted with... NO MINTAGE LIMITS... what?
Is the US Mint effetely removing any shred of collectability re: this product?
Because, without any production limits they've (US Mint) all but eliminated, removed, reduced (destroyed) any collectability that’s apricated by…less being more, so to speak.
And now with only limited restraint at their silver presses, I can’t help but think these coins - along with their new & existing “limitless production” (sarcasm) – along with their proof quality, it pretty much all but guarantees minted perfection (i.e., grading 70) and that only perhaps those few gems found with “minting errors” will become… the investment that keeps on giving?
Oh wait, maybe they’ll be a few that reach stardom by grading at 71 (higher?), now there’s a concept.
Feel free to try cheering me up… go ahead - tell me I'm wrong (please).
Signing off and wishing the best to all.
Space Junky