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    jammy23's Avatar
    jammy23 Posts: 545, Reputation: 0
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    #1

    Aug 25, 2016, 01:56 PM
    Silver mint eagles
    How much are minted silver eagle dollars worth today (approx).

    Also, do you think the price will dramatically increase in the future?
    joypulv's Avatar
    joypulv Posts: 21,593, Reputation: 2941
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    #2

    Aug 25, 2016, 02:32 PM
    Varies on year and condition.
    Not in the near future, but it's anyone's guess. I sold a bunch at auction on ebay after Brexit thinking silver would go up a lot but it didn't. (They were BU)
    ma0641's Avatar
    ma0641 Posts: 15,681, Reputation: 1012
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    #3

    Aug 25, 2016, 06:37 PM
    "Drastically"? No. In 1994 Silver was $5 oz. Today it is $15 or so. If you have lots of it, you made money. However, your 401k is up far more. Gold, Silver and other metals are for keepsakes or pure speculation, not as an investment unless you hold lots of it and are willing to take the down times too.
    jammy23's Avatar
    jammy23 Posts: 545, Reputation: 0
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    #4

    Aug 25, 2016, 06:53 PM
    Quote Originally Posted by ma0641 View Post
    "Drastically"? No. In 1994 Silver was $5 oz. Today it is $15 or so. If you have lots of it, you made money. However, your 401k is up far more. Gold, Silver and other metals are for keepsakes or pure speculation, not as an investment unless you hold lots of it and are willing to take the down times too.
    I think I held on to it too long. Don't have that much but I know if I
    Sell them (minted silver eagle dollars) I will have to pay taxes on them which
    Would bring down the price.
    joypulv's Avatar
    joypulv Posts: 21,593, Reputation: 2941
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    #5

    Aug 26, 2016, 04:52 AM
    All silver eagles are 'minted.' That is not a term for condition. Look at all the ones for sale on ebay.
    I don't pay taxes on mine. I don't make enough profit.

    Around six or seven years ago, I sold silver for more than double what I had paid for it just two years earlier, around 17 each to 38 each. Recently I got about 21-24 each.
    jammy23's Avatar
    jammy23 Posts: 545, Reputation: 0
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    #6

    Aug 26, 2016, 07:42 AM
    Quote Originally Posted by joypulv View Post
    All silver eagles are 'minted.' That is not a term for condition. Look at all the ones for sale on ebay.
    I don't pay taxes on mine. I don't make enough profit.

    Around six or seven years ago, I sold silver for more than double what I had paid for it just two years earlier, around 17 each to 38 each. Recently I got about 21-24 each.
    What I meant by minted is they have no fingerprints... they are
    Untouched I don't know how to use eBay but I understand you have to post
    Your social security number online and that makes me uncomfortable.
    joypulv's Avatar
    joypulv Posts: 21,593, Reputation: 2941
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    #7

    Aug 26, 2016, 09:28 AM
    Then you have to sell to a dealer and get a lot less money, about half what you would get selling them yourself.
    ma0641's Avatar
    ma0641 Posts: 15,681, Reputation: 1012
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    #8

    Aug 26, 2016, 11:23 AM
    SSN on EBay? I've been on it for years, never had to post a SSN.
    jammy23's Avatar
    jammy23 Posts: 545, Reputation: 0
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    #9

    Aug 26, 2016, 12:00 PM
    Quote Originally Posted by ma0641 View Post
    SSN on EBay? I've been on it for years, never had to post a SSN.
    Really?? Ok, I'll try and see if I can
    Understand it's rules and regulations.
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    ma0641 Posts: 15,681, Reputation: 1012
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    #10

    Aug 26, 2016, 05:09 PM
    There are mint sets and proof sets. Both would be in plastic cases. Mint coins are uncirculated while proof are highly polished and mirror finished.
    jammy23's Avatar
    jammy23 Posts: 545, Reputation: 0
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    #11

    Oct 11, 2016, 02:30 PM
    Quote Originally Posted by ma0641 View Post
    There are mint sets and proof sets. Both would be in plastic cases. Mint coins are uncirculated while proof are highly polished and mirror finished.
    Mine are in plastic cases
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    ma0641 Posts: 15,681, Reputation: 1012
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    #12

    Oct 12, 2016, 02:56 PM
    Quote Originally Posted by jammy23 View Post
    Mine are in plastic cases
    You have 2 postings for the same thing and getting the threads confused. They should be merged.
    jammy23's Avatar
    jammy23 Posts: 545, Reputation: 0
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    #13

    Oct 12, 2016, 04:02 PM
    Quote Originally Posted by ma0641 View Post
    You have 2 postings for the same thing and getting the threads confused. They should be merged.
    I'm using the reply box. Isn't that what I'm supposed to d o?
    ma0641's Avatar
    ma0641 Posts: 15,681, Reputation: 1012
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    #14

    Oct 12, 2016, 07:40 PM
    Quote Originally Posted by jammy23 View Post
    I'm using the reply box. Isn't that what I'm supposed to d o?
    Look at your other post for the same thing, I answered there.

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