(03-24-2012 01:18 AM)bellboy Wrote:  Not an expert but, many articles saying price will drop in the near future. Yesterday Rev Williams stated in radio interview, we should buy[old gold coins] 1933 or earlier. This will keep our gold from being confiscated. Here we go again. Plus he states don't buy foreign coins or silver rounds or bars. Constitution states we only use US minted coins for money. Would love for someone to address this before I start swapping foreign coins, rounds, and bars for old gold coins. Thanks.

(03-24-2012 01:18 AM)bellboy Wrote:  Not an expert but, many articles saying price will drop in the near future. Yesterday Rev Williams stated in radio interview, we should buy[old gold coins] 1933 or earlier. This will keep our gold from being confiscated. Here we go again. Plus he states don't buy foreign coins or silver rounds or bars. Constitution states we only use US minted coins for money. Would love for someone to address this before I start swapping foreign coins, rounds, and bars for old gold coins. Thanks.

(03-24-2012 01:18 AM)bellboy Wrote:  Not an expert but, many articles saying price will drop in the near future. Yesterday Rev Williams stated in radio interview, we should buy[old gold coins] 1933 or earlier. This will keep our gold from being confiscated. Here we go again. Plus he states don't buy foreign coins or silver rounds or bars. Constitution states we only use US minted coins for money. Would love for someone to address this before I start swapping foreign coins, rounds, and bars for old gold coins. Thanks.

(03-24-2012 12:11 PM)Bob-bullion Wrote:  Just like the sea, I think there is ebbs and flows in any market cycle. I personally bought in early Jan and was out of ammo in Feb.

(03-24-2012 06:35 PM)dave606 Wrote:  

(03-24-2012 12:11 PM)Bob-bullion Wrote:  Just like the sea, I think there is ebbs and flows in any market cycle. I personally bought in early Jan and was out of ammo in Feb.

There is always ebbs and flows. However in 2011, January sales were 6,422,000 and February sales 3,240,000 and every month after that was 3 million plus. In 2012 January sales 6,107,000 and February sales 1,490,000. That is a tremendous drop off. Why?

(03-24-2012 10:45 PM)AmericanDogMan Wrote:  

(03-24-2012 06:35 PM)dave606 Wrote:  

(03-24-2012 12:11 PM)Bob-bullion Wrote:  Just like the sea, I think there is ebbs and flows in any market cycle. I personally bought in early Jan and was out of ammo in Feb.

There is always ebbs and flows. However in 2011, January sales were 6,422,000 and February sales 3,240,000 and every month after that was 3 million plus. In 2012 January sales 6,107,000 and February sales 1,490,000. That is a tremendous drop off. Why?

Look Dave606 if overall silver BULLION sales were down so dramatically THE MANIPULATED PRICE WOULD BE IN THE TOILET. People are buying silver, they just aint buying American.

1) The confiscation play: Anyone buying US minted items to avoid US confiscation are mentally fogged. The US really cant confiscate what they didn't mint.
Correction, Leviathan (the USA corp.) can do whatever they want but it's alot more difficult to lay claim to something they didn't mint, meanwhile the government has full control and ownership of all legal tender. I.E. making it illegal to melt pennies with the swipe of pen.

If I thought the government was going to confiscate silver (which I don't think they will, but if I did) I wouldn't be caught dead with an Eagle or any other coin the (USA corp.) minted; which they (the USA corp) can regulate and say they (the USA corp.) own and only allow you to use. All the people thinking about expatrioting feel the same way. Half the traders/analyst on wall street have safes filled with some cash and alot of gold silver and some in foreign currency's.

2) The 2012 ASE's look like sh*t. Again it's an overnight shipping global market and the overall quality of the 2012 silver Eagle is low in comparison to the other mints (especially in comparison to Canada's and Australia's) and the gap is widening. It's like you might as well buy a big nasty looking block of quickly and carelessly poured silver or generic round if the Eagle is going to look like the trash they put out in 2012.

It's not worth the premium JMHO on the matter.

HOWEVER,
2011Eagle's and the Eagle's from the 90's in uncirculated condition are beautiful tho. And people go to local shops and buy those (i.e. look at the premium for those coins on APMEX and Provident)

(03-24-2012 10:45 PM)AmericanDogMan Wrote:  

(03-24-2012 06:35 PM)dave606 Wrote:  

(03-24-2012 12:11 PM)Bob-bullion Wrote:  Just like the sea, I think there is ebbs and flows in any market cycle. I personally bought in early Jan and was out of ammo in Feb.

There is always ebbs and flows. However in 2011, January sales were 6,422,000 and February sales 3,240,000 and every month after that was 3 million plus. In 2012 January sales 6,107,000 and February sales 1,490,000. That is a tremendous drop off. Why?

Look Dave606 if overall silver BULLION sales were down so dramatically THE MANIPULATED PRICE WOULD BE IN THE TOILET. People are buying silver, they just aint buying American.

1) The confiscation play: Anyone buying US minted items to avoid US confiscation are mentally fogged. The US really cant confiscate what they didn't mint.
Correction, Leviathan (the USA corp.) can do whatever they want but it's alot more difficult to lay claim to something they didn't mint, meanwhile the government has full control and ownership of all legal tender. I.E. making it illegal to melt pennies with the swipe of pen.

If I thought the government was going to confiscate silver (which I don't think they will, but if I did) I wouldn't be caught dead with an Eagle or any other coin the (USA corp.) minted; which they (the USA corp) can regulate and say they (the USA corp.) own and only allow you to use. All the people thinking about expatrioting feel the same way. Half the traders/analyst on wall street have safes filled with some cash and alot of gold silver and some in foreign currency's.

2) The 2012 ASE's look like sh*t. Again it's an overnight shipping global market and the overall quality of the 2012 silver Eagle is low in comparison to the other mints (especially in comparison to Canada's and Australia's) and the gap is widening. It's like you might as well buy a big nasty looking block of quickly and carelessly poured silver or generic round if the Eagle is going to look like the trash they put out in 2012.

It's not worth the premium JMHO on the matter.

HOWEVER,
2011Eagle's and the Eagle's from the 90's in uncirculated condition are beautiful tho. And people go to local shops and buy those (i.e. look at the premium for those coins on APMEX and Provident)

(03-24-2012 11:51 PM)dave606 Wrote:  

(03-24-2012 10:45 PM)AmericanDogMan Wrote:  

(03-24-2012 06:35 PM)dave606 Wrote:  

(03-24-2012 12:11 PM)Bob-bullion Wrote:  Just like the sea, I think there is ebbs and flows in any market cycle. I personally bought in early Jan and was out of ammo in Feb.

There is always ebbs and flows. However in 2011, January sales were 6,422,000 and February sales 3,240,000 and every month after that was 3 million plus. In 2012 January sales 6,107,000 and February sales 1,490,000. That is a tremendous drop off. Why?

Look Dave606 if overall silver BULLION sales were down so dramatically THE MANIPULATED PRICE WOULD BE IN THE TOILET. People are buying silver, they just aint buying American.

1) The confiscation play: Anyone buying US minted items to avoid US confiscation are mentally fogged. The US really cant confiscate what they didn't mint.
Correction, Leviathan (the USA corp.) can do whatever they want but it's alot more difficult to lay claim to something they didn't mint, meanwhile the government has full control and ownership of all legal tender. I.E. making it illegal to melt pennies with the swipe of pen.

If I thought the government was going to confiscate silver (which I don't think they will, but if I did) I wouldn't be caught dead with an Eagle or any other coin the (USA corp.) minted; which they (the USA corp) can regulate and say they (the USA corp.) own and only allow you to use. All the people thinking about expatrioting feel the same way. Half the traders/analyst on wall street have safes filled with some cash and alot of gold silver and some in foreign currency's.

2) The 2012 ASE's look like sh*t. Again it's an overnight shipping global market and the overall quality of the 2012 silver Eagle is low in comparison to the other mints (especially in comparison to Canada's and Australia's) and the gap is widening. It's like you might as well buy a big nasty looking block of quickly and carelessly poured silver or generic round if the Eagle is going to look like the trash they put out in 2012.

It's not worth the premium JMHO on the matter.

HOWEVER,
2011Eagle's and the Eagle's from the 90's in uncirculated condition are beautiful tho. And people go to local shops and buy those (i.e. look at the premium for those coins on APMEX and Provident)

I try to keep Americans working, and really collect silver for SILVER. You evidently haven't considered them. I assume you also like silver, however i see that you are more into the aesthetics than just the weight. I am also surprised at your examining so many of 2012 Eagles to compare them to prior years considering how much you dislike them.

(03-25-2012 12:51 AM)AgShaman Wrote:  

(03-24-2012 10:45 PM)AmericanDogMan Wrote:  

(03-24-2012 06:35 PM)dave606 Wrote:  

(03-24-2012 12:11 PM)Bob-bullion Wrote:  Just like the sea, I think there is ebbs and flows in any market cycle. I personally bought in early Jan and was out of ammo in Feb.

There is always ebbs and flows. However in 2011, January sales were 6,422,000 and February sales 3,240,000 and every month after that was 3 million plus. In 2012 January sales 6,107,000 and February sales 1,490,000. That is a tremendous drop off. Why?

Look Dave606 if overall silver BULLION sales were down so dramatically THE MANIPULATED PRICE WOULD BE IN THE TOILET. People are buying silver, they just aint buying American.

1) The confiscation play: Anyone buying US minted items to avoid US confiscation are mentally fogged. The US really cant confiscate what they didn't mint.
Correction, Leviathan (the USA corp.) can do whatever they want but it's alot more difficult to lay claim to something they didn't mint, meanwhile the government has full control and ownership of all legal tender. I.E. making it illegal to melt pennies with the swipe of pen.

If I thought the government was going to confiscate silver (which I don't think they will, but if I did) I wouldn't be caught dead with an Eagle or any other coin the (USA corp.) minted; which they (the USA corp) can regulate and say they (the USA corp.) own and only allow you to use. All the people thinking about expatrioting feel the same way. Half the traders/analyst on wall street have safes filled with some cash and alot of gold silver and some in foreign currency's.

2) The 2012 ASE's look like sh*t. Again it's an overnight shipping global market and the overall quality of the 2012 silver Eagle is low in comparison to the other mints (especially in comparison to Canada's and Australia's) and the gap is widening. It's like you might as well buy a big nasty looking block of quickly and carelessly poured silver or generic round if the Eagle is going to look like the trash they put out in 2012.

It's not worth the premium JMHO on the matter.

HOWEVER,
2011Eagle's and the Eagle's from the 90's in uncirculated condition are beautiful tho. And people go to local shops and buy those (i.e. look at the premium for those coins on APMEX and Provident)

If shine quality is high on your list of needful things in a govt endorsed bullion coin....then consider the A-Phil. It has much more shine than the US ASE. The US Mint gets it's blanks from the Sunshine Mint in C 'd' A, Idaho. They have a very dull sheen....the same dull sheen is found in Sunshine Mint's signature series "eagle" round. That same malady is also found in Amark's "liberty bell" round....artistically impressive, but dull in the shine dept.

I've bought quite alot of Mexican coins (Libertads) these past few months...due to a sale/promo at one of the online dealers...and while they have aesthetic appeal....they are even more dull in shine quality than the ASE...which is probably hard to believe.

If shine is your thing...then maybe one or two proofs in some offering would be best. I however, agree with the pragmatists, in that stocking up on govt. endorsed bullion coins is about having recognition since a fiat monetary value is attached...or at least the name of the country offering said coin.

I like getting ASE's at the LCS for a buck over spot....then take a bit of Hagerty's silversmith polish to them later and bring the "shine" into them a bit. As original BU's from the mint....they aren't overly impressive to begin with.

Become your own bank..."Stash n Stockpile Weapons of Stack Construction!"

(03-25-2012 10:53 PM)dave606 Wrote:  I really appreciate all the opinions on why silver Eagle sales fell off more than usual. I don't believe it is because of poor quality, although that is a fact and probably contributed to it. I would think it is the Silver Maple
Leaf competition. Over 76% of Maple sales are in the US. One of the best things to come out of the RCM is the wildlife series. Minting only one million each of these five edition coins was a big boost in sales. My friends and i alone, have purchased over two thousand of the wildlife series. So i think silver is still selling well. However i still think there is something else going on with Eagle sales. Maybe the sales figures are being manipulated?

(03-24-2012 01:18 AM)bellboy Wrote:  Not an expert but, many articles saying price will drop in the near future. Yesterday Rev Williams stated in radio interview, we should buy[old gold coins] 1933 or earlier. This will keep our gold from being confiscated. Here we go again. Plus he states don't buy foreign coins or silver rounds or bars. Constitution states we only use US minted coins for money. Would love for someone to address this before I start swapping foreign coins, rounds, and bars for old gold coins. Thanks.