STRUCK AT???? posted by namvette68

[CSJournals-migration]

You tell me

 

Hello everyone,

 

I have put the reverse of 2 ASE, NGC graded MS70. Can you tell me where they were struck?

Good luck

 

This is why we buy the mint out of the same coins. No one complains about the fraud.

 

Happy Collecting

 

See more journals by namvette68

[The Fielding Collection]

It might just be that the same people/person carved the original die and copies are made without mint marks. Then are sent to all the mints. Where they install there mint mark that is one reason that the small S's D's P's and W never look like the other lettering on the coin. This I learned by simply watching the Discovery channel's instead of sitcoms.

Happy Collecting and May God Bless....Mike

[mvcoins-migration]

Can I humbly suggest then you collect something other than American Silver Eagles (ASE)? There are many nice pre-1965 U.S. coins to collect. While I like ASE there are just far too many to collect and all are either perfect or nearly perfect. There are many more collecting options with pre-1965 U.S. coins. Think about it.

[Six Mile Rick]

As for me------- I see 2 oz. of silver bullion!! The mint has already proved in the past that mint mark is unnecessary for these over sized jewels to sell. That is when I really slowed down on the collection of Silver Eagles and sold most that I had. No mint mark die will save the mint production costs and they can still raise the sales prices.

 

HMMM------Rick

[hunter's gold]

I have not bought any ASEs graded. All the ones I do have were bought as silver bullion only.

[Crruisercharlie]

I have 3 that are graded. 2 are graded uncirculated gem and the other (ms69) I bought for the retro holder. I have a few others that are raw-just for bullion value. I thought the no mint marks were from Westpoint.??

[CBC]

I wouldn't even attempt a guess.

 

I started buying Proof silver eagles fom the Mint in 1986. I only buy the non-proof for bullion, usually a few each year. The proliferation of proof, enhanced proof, reverse proof, P, S, W mintmarks, "struck at" without mintmarks, burnished, etc., not to mention the bogus "planchet shortage" of 2009, has totally turned me off from the series. I'm with mvcoins on this, pre-65 is the way to go.

[RWB]

How are you being defrauded?

[jpcienkus]

I think the OP is implying the mint is "defrauding" you because the bullion coins don't have a mint mark and because of the huge demand for these coins, they've had to use San Francisco to handle to overflow, thus creating a "need" to buy more coins.

 

The reality of the situation is that the mint is only satisfying bullion demand. It's the bullion dealers who are attempting to captilize on the situation, not the mint. The bullion dealers are sending the TPG's the green monster boxes still strapped so they can tell where they were struck and add another coin to the series. What he/she is showing are the reverse of two bullion coins, struck at different mints. The obverse has the different labels indicating where they are minted.

 

Yes, the mint has a number of different ASE's for purchase, but how is that fraudulant? They are not holding a gun to anyone's head demanding they be purchased. If you don't like it, don't buy them. They've added some special designs to commemorate ASE anniversaries, but again, you don't have to buy them.