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How do I purchase Silver Eagle coins in bulk without having to go through privately owned shops?

How do I purchase silver Eagle coins in bulk without going through a coin dealer?

Why don't you buy them directly from the mint?

2008-04-17 06:27:48 by Zachary C | Posted in Hobbies & Crafts

what is today's market value of the 2006 silver eagle coin?

I need to know about some silver eagle coins I got and what they are worth. They are uncirculated and feature the Walking liberty lady on the front.

The brilliant uncirculated 2006 Silver Eagles are being sold by dealers for $18 a piece.

2007-10-11 15:22:06 by Kenneth H | Posted in Investing

How Much Are 2000-2004 US Flying Eagle Silver Dollars Worth?

I was cleaning out some stuff and found some US silver dollars (one each 2000-2004). They are the US Flying Eagle 1 oz fine silver dollar coins. Are they worth selling or only worth $1? I tried finding the answer online but came up blank.

There are no silver flying eagle dollars issued from 2000-2004. You must mean Silver Eagles they have a Walking Liberty on the obverse and an eagle with it's wings open but is not flying, on the reverse. They are actually larger than the old Morgan silver dollars. I hope they were in some kind of protective device. the 2000 through 2004 sell for the same $15.90 each. Dealers of course pay less. What you have is considered a bullion coin and it's value depends on the price of silver and mintage. The reason it has a dollar on it, is to legitimize it as a coin of the U.S. It was a sneaky way to make a medal a coin.

2007-11-05 07:18:24 by Sarah M | Posted in Hobbies & Crafts

Why are Silver Eagle Coins harder to purchase than silver bullion?

I have called Fidelity and Schwab wanting to purchase that specific coin for investment(about 20k worth) and both companies said the coins are not easily purchased. They come available only so often. Bullion can be bought right away.

You are attempting to buy them from the wrong source. Here is one place where they can be purchased.

http://www.apmex.com/Category/160/Silver_American_Eagles_Uncirculated_2008__Prior.aspx

2008-11-03 11:43:42 by richtallent | Posted in Investing

How much is my $1 silver eagle 2000 coin worth?

It's the dollar one, with the lady on the front. It's been almost 9 years, and I'm planning to keep it a while longer, but I'm just wondering how much it's worth now. I'm 14, can't believe I still have it.

2008-09-15 05:13:28 by rjkiddcarter | Posted in Other - Business & Finance

I have an American Silver Eagle that has been in a bag with a bunch of CIRCULATED coins. How should I clean it

It's all brown and has fragments of finger prints on it. I need a SAFE way of cleaning it. No ketchup or nail cleaning liquid. Answers from numismatists please.

You should not clean your coins. Most coin collectors see cleaning a coin as the equivalent of stripping down antique furniture and refinishing it.

When cleaning, the surface metal of the coin is often stripped. Anything used to scrub the coin will leave scratches (even 100% pure silk will leave hairline scratches). Most cleaning products will have some type of reaction with the coin's metal and the surface metal can also be removed in this manner.

Your best bet is to leave the coins alone. Cleaning the coin will leave traces - which can be found by the knowledgeable collector - who in turn will not buy the cleaned coin. Also if you ever wanted to send your coin into a grading company, they can recognize signs of cleaning and will send your coin back in a "cleaned" slab (also called a "body bag" in the coin world) - which is usually a greatly decreased value.

If you absolutely must must must clean your coins do not use the method described above as it will react with the metal in your coin. Use 100% acetone (do not use fingernail polish remover!). It must be 100% pure because other additives will react with the coin metal. Place your coin(s) in the solution for several minutes (do not leave in for long periods of time). Rinse your coin(s) in distilled water. Next remove your coins and either pat dry with a soft cloth or allow the coin to air dry (air drying is better as you don't risk scratching the coin with the cloth). NEVER scrub your coins!

I would still advise you to leave your coins as they are. They may not be bright and shiny but that is what most collectors prefer.

2007-12-06 12:25:16 by ashkansoccerpro | Posted in Hobbies & Crafts

Are silver american eagle coins good as an investment?

I'm not talking about investing hundreds of dollars on them. What I am saying is, you hear a lot of people saying a $1 today isn't going to be worth as much later right? Well if I were to purchase a Silver American Eagle coin this year, would the $40 or so dollars spent on it be better served that way or just being saved at home.

Not really.

Coin collecting is more like baseball cards - occasionally you'll get something in your collection with several times the face value. Usually you strive for coins that are rare but not necessarily valuable.

An example would be an Indian head penny from the 1800's. It's not something you'll find every day but it's not worth much more than it's face value. Even though it's at least 100 years old there were still plenty minted and enough out there that the value has increased so little.

You would get a better return rate by investing $100 in a certificate of deposit at an FDIC insured financial institution. In 3 to 6 months you could almost double it depending on where you lived and who your account was with. Then reinvest it again for a longer time and higher interest rate. Keep going.

Coin-wise what's hot right now are the presidential dollar coins. There has been talk of doing away with the Sacagawea and Susan B. Anthony coins in addition to minting comemorative coins on all the presidents.

2007-04-07 23:57:29 by Shanizzel | Posted in Investing