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Thread: Half ounce and quarter ounce SILVER eagles?

  1. #1

    Default Half ounce and quarter ounce SILVER eagles?

    If the price of silver got really high (say $200/ozT)
    Do you think the U.S. mint would consider issuing fractional
    SILVER eagles like they do for gold?
    ================================
    "A SILVER quarter still buys a gallon of gasoline".

  2. #2

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    Quote Originally Posted by hifisapi View Post
    If the price of silver got really high (say $200/ozT)
    Do you think the U.S. mint would consider issuing fractional
    SILVER eagles like they do for gold?
    If people line up to buy them they will make them.
    Do your own due diligence

    I stand united with my friends & family in Canada who seek freedom.

  3. #3

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    i would muse that the rcm would release the fractional silver maple leafs before the usmint would mint fractional silver eagles. of course we know that other private mints already produce half, quarter, tenth silver rounds. the premiums are atrocious though. its still better to buy a junk dime or quarter than those i think.

  4. #4

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    Kitco sells fractional silver round kits for people who want to squirrel away small denominations for the possibility of days when silver barter becomes necessary. Those are currently in existence. As was already said, older "junk" silver coins are another option. I don't see the need for fractional eagles, but if they are made, I am sure that some would buy them.

    The rounds kits that Kitco sells come in different sizes. This is a larger example - https://online.kitco.com/buy/9250WL/...Kit-999-9250WL

    A premium is paid for the smaller stamping, as is the standard case with government fractionals as well. In this case, the average price of silver in this 250oz kit is roughly $9 over spot, while a grab bag of random 1oz silver is roughly $4.50 over spot, "cheap" rounds are $4.50-$6 over spot depending on quantity, junk at 24xface is roughly $8 over spot & a minty fresh tube of eagles are selling for roughly $12 over spot. The premium on eagles surprises me, but apparently that is today's market.

    https://online.kitco.com/buy/1125/10...b-Bag-999-1125
    https://online.kitco.com/buy/1121/1-...Round-999-1121
    https://online.kitco.com/buy/881/90-...ue-Bag-900-881
    https://online.kitco.com/buy/3004MFT...st-3004MFT2021


    The rounds in this cache kit look as much like money as any government coins that I have seen.
    Last edited by SilverPalm; 04-15-2021 at 08:17 AM.

  5. #5

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    I have some 1/2 oz. perth 999, maxwell is onto something here as 90% would seem the competition.

  6. #6

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    With junk going for 10 bucks over it won't be long before they do.

  7. #7

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    What Silver Eagles are worth the most?

  8. #8

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    Quote Originally Posted by brendathomaswriter View Post
    What Silver Eagles are worth the most?
    The 1995 Proof with the W (West Point mint mark) are the most valuable. They only came in the special proof set that year. The Red book says they are valued at $4200.00+ The mintage for those 1995 W Proof ASE's was 30,125. The collector price guide says a P70 graded coin is worth $16,800...
    Last edited by 300WBY; 04-27-2021 at 07:26 AM.
    Build a fire and warm a man for a day.
    Set him on fire and he's warm for the rest of his life
    .:

    If you see something...Shoot something! Ima Hunter

  9. #9

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    Or you could do what our founding fathers did when they needed change. Shave and a haircut - two bits. https://www.youtube.com/watch?v=KBjccxeZLYs
    Do your own due diligence

    I stand united with my friends & family in Canada who seek freedom.

  10. #10

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    Quote Originally Posted by brendathomaswriter View Post
    What Silver Eagles are worth the most?
    The vast majority of silver eagles trade as bullion coins or slightly above that value. A bullion coin trades on the value of it's spot price, + or - a small amount. Typically, in a normal silver market, generic 1oz rounds sell for $0.50-$1.00 above spot, unloved government coins may sell for $1.00-$2.00 above spot & Eagles sell for $3-$4 above spot, depending on quantity. These days the markets are tight & bullion eagles are selling at $10-12 above spot. Since most eagles are held by collectors & not handled much, it is common to find BU grade (brilliant uncirculated) coins at bullion prices.

    Collector's coins are referred to as numismatic coins, & have numismatic values associated with them. This board has a numismatic section. You are likely to find a greater number of people there that can opine on the values of the collector's coins. As was said, some West Point coins carry a big price tag. This is because not many were made at that location. Scarcity & condition are the basic attributes that drive numismatic value. Condition is often a huge driver. It is not unusual for a grade 70 to fetch a price that is an order of magnitude greater than a grade 65 or even a 68. If you have a rare date West Point Eagle, but it has some nicks & dings in it, the value may disappoint you. When handling collectors coins that are not in slabs, it is common practice to wear cotton gloves to prevent the oils in your skin from reducing the value of the coins.

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