When I was looking at the coins, I noticed that this year there has been a design change on the back side of the coins. Thought I’d mention it.
CHAT Gold and silver eagles get redesign of reverse side
- Thread starter Dennis Olson
- Start date
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I went to talk to the coin guy at lunchtime. He’s a hard-core conservative anti-government type. We talked some Biden-hate, and he showed me a US $50 “Buffalo” coin, the first modern .9999 pure gold coin. It was quite striking in appearance. I asked how much he’d charge for a Buffalo vs. an eagle, and he said “the same.” JMB has a premium on buffalos. I like this guy. My kind of peeps.
The Snack Artist
Membership Revoked
Buffalos come in a beautiful velvet book/holder as well. They are truly elegant. Not that I have any.
Buffs are NICE. MS-70 proof strikes have to be seen to be believed. Some 2013 mint footage....
View: https://www.youtube.com/watch?v=uLuZMVGM5Xw&t=21s
RT 02:09
RT 02:09
The Snack Artist
Membership Revoked
Why is her coat hanging really far down on the one side. Oh! Yeah, nothing to see.
DazedandConfused
Veteran Member
From my understanding this is a new design and all eagles will be struck in the new style going forward. No more of the old design
Thanks! I could have done the research to find out but figured I'd take the lazy way out and just ask. Now I have to buy one to add to my world silver bullion collection since I did that with the new Canadian Silver Maple Leaf anti-counterfeiting design in 2014. I'm a little surprised/disappointed the U.S. didn't take the opportunity to add anti-counterfeiting features (like microprinting, a hologram, laser engraving, etc.).
Here’s what I’d love to have (just daydreaming):
20 tubes of 20 SAE’s
20 GAE’s (one tube)
I’d consider myself “safe” for any short to medium-term emergency at that point.
20 tubes of 20 SAE’s
20 GAE’s (one tube)
I’d consider myself “safe” for any short to medium-term emergency at that point.
I just bought one with the new reverse design, so thanks Dennis and DazedandConfused! It apparently is something of a commemorative design change since this is the 35th anniversary of the first Silver Eagle. While looking on eBay I ran across a tenth ounce version (below), but I haven't found anything on the U.S. Mint site saying they mint Silver Eagles in smaller sizes (in fact, they quite specifically say they're minting only one ounce Silver Eagles). Just be aware that someone may be selling what appears to be fake fractional ounce Silver Eagles, which is a shame since I have a few tenth ounce silver bullion coins and would have liked to add this one.
2021 Type 2 American Silver Eagle Design 1/10 OZ .999 Fine Silver Uncirculated | eBay
Find many great new & used options and get the best deals for 2021 Type 2 American Silver Eagle Design 1/10 OZ .999 Fine Silver Uncirculated at the best online prices at eBay! Free shipping for many products!
www.ebay.com
From what the coin shop guy said, the mint made the original design GAE’s until June, then switched. Those “type 1” GAE’s are almost impossible to find and the premium on them is very high. He also said that a week or two ago, “something” has triggered a massive PM buying frenzy. Stuff that was “live” as he put it (meaning available for immediate delivery) is now sold out. Only a few items are still readily available at this time. (However tubes of 1 oz SAE’s are still “live.”)
Weird. I love talking to the guy. He has a depth of knowledge (not just on coins) that I love to hear. He’s definitely “one of us.”
Weird. I love talking to the guy. He has a depth of knowledge (not just on coins) that I love to hear. He’s definitely “one of us.”
Just keep in mind, an ounce of silver (or fraction thereof) is ultimately worth ONLY its value as metal.
This is Franklin Sanders ....
======================
Ten Commandments for Buying Gold and Silver — The Moneychanger (the-moneychanger.com)
Ten Commandments for Buying Gold and Silver
This is Franklin Sanders ....
======================
Ten Commandments for Buying Gold and Silver — The Moneychanger (the-moneychanger.com)
Ten Commandments for Buying Gold and Silver
- Always take delivery.
- Never buy premium if you can avoid it.
- Buy bullion for business, numismatics for fun.
- Buy silver first, then gold.
- Buy small gold first, then large.
- Never buy exotic coins or modern rarities or anything you don't understand.
- Know your dealer.
- What governments can't find, they can't steal.
- Never swap bullion coins for U.S. $20 gold pieces.
- Never break the law.
The dribs and drabs I’ve bought to date have been, in effect, for “fun.” The year on each coin has been in one way or another, a “life marker” for me. For example, I bought 1 each 2000 and 2001 proof SAE’s, which represent the rollover of course. I bought a 2011 SAE to mark the year I came to Texas to start over. I bough that 5 oz American Samoa 2020 “bat” commemorative to mark the insanity in which we now find ourselves. Somehow, the state of the world needed something bigger than a 1 oz, KWIM?
And a couple members have sent me individual SAE’s over the past couple years (thanks a million!)
That’s the extent of my little stash.
And a couple members have sent me individual SAE’s over the past couple years (thanks a million!)
That’s the extent of my little stash.
DazedandConfused
Veteran Member
I save all the 2020 Bat Quarters I get.. same reason
West
Senior
Would also suggest a tube of good to fine Morgans, and the alike with a roll of pre 64 or Mercury dimes, quarters, and two rolls of Kennedy halves in extra fine or better condition.
I muse that trading (for goods etc,) 90% in a survivalist setting might be better than trading the 999+ that has more silver for the same things.
Maybe.
Ragnarok
On and On, South of Heaven
I like these:
The Silver Card 1 oz .999 Silver Card barter prepper money art bar fit in wallet | eBay
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www.ebay.com
1oz .999 Silver Bar - Scottsdale Mint Archangel Silver Bullion Bar #A522 | eBay
Find many great new & used options and get the best deals for 1oz .999 Silver Bar - Scottsdale Mint Archangel Silver Bullion Bar #A522 at the best online prices at eBay! Free shipping for many products!
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artichoke
Greetings from near tropical NYC!
So do the new ones still say it on the front?
Look them up.
artichoke
Greetings from near tropical NYC!
I don't like Lady Liberty's strong jaw and the face generally. But it's OK if I think of it as Mr. Liberty.
They didn’t.
SNOWSQUAW
Veteran Member
They didn't it is on the reverse . ALL money must have in God we trust per law passed in 1938. Not to say it will be removed soon if my watch is right...
WildDaisy
God has a plan, Trust it!
Ah, so it is on the front now?
Look them up.
As far as I know for U.S. coins to be legal tender by law they must have the motto "In God We Trust," the words "United States of America," the Latin "e pluribus unum," the word "Liberty," a year, and a denomination. The Silver Eagle has a $1 face value and is technically a potentially circulating coin so you'll find all of those things somewhere on it (Dollar coins have some of that printed on the edge, but it is all still there), although you'd have to be a moron to spend a Silver Eagle at face value. The fractional "Silver Eagle" I linked to above does not have a denomination on it, which is one clue that it isn't a U.S. Mint product, but the tenth ounce Platinum Eagle does have a denomination on it ($10).
West
Senior
Say you had a $10,000 bike. And I only offered you $400 face ASE. You could take a loss on the sale, and I could make a deal if my ASEs was stacked in the 90s. Not moronic!
I don’t have $50,000 to spend on silver. And if I did, I’d buy land with it.
Say you had a $10,000 bike. And I only offered you $400 face ASE. You could take a loss on the sale, and I could make a deal if my ASEs was stacked in the 90s. Not moronic!
Alert! Closet accountant and/or creative financial planner on the loose!
No one “spends” bullion coins at face value. (Well, perhaps someone under 30.)
Geez……
Geez……
West
Senior
I'm saying some do, you understand post 33?
Just making sure. If not you need to figure it out.
Your post 33 is incorrect. Or rather, it’s a “wink and a nod” transaction. If a sharp IRS agent spotted that, you’d be in the soup.
ETA: while technically the transaction would be legal, you and I both know how the IRS likes to dick with people. And suppose you had a thousand of them stored away. Do you think for an instant that they'd not dispatch a “search team” to find your stash? If I were going to do a transaction like that, it would have to be completely “black.”
ETA: while technically the transaction would be legal, you and I both know how the IRS likes to dick with people. And suppose you had a thousand of them stored away. Do you think for an instant that they'd not dispatch a “search team” to find your stash? If I were going to do a transaction like that, it would have to be completely “black.”
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