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-   -   Silver mint eagles (https://www.askmehelpdesk.com/showthread.php?t=827226)

  • Aug 25, 2016, 01:56 PM
    jammy23
    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?
  • Aug 25, 2016, 02:32 PM
    joypulv
    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)
  • Aug 25, 2016, 06:37 PM
    ma0641
    "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.
  • Aug 25, 2016, 06:53 PM
    jammy23
    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.
  • Aug 26, 2016, 04:52 AM
    joypulv
    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.
  • Aug 26, 2016, 07:42 AM
    jammy23
    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.
  • Aug 26, 2016, 09:28 AM
    joypulv
    Then you have to sell to a dealer and get a lot less money, about half what you would get selling them yourself.
  • Aug 26, 2016, 11:23 AM
    ma0641
    SSN on EBay? I've been on it for years, never had to post a SSN.
  • Aug 26, 2016, 12:00 PM
    jammy23
    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.
  • Aug 26, 2016, 05:09 PM
    ma0641
    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.
  • Oct 11, 2016, 02:30 PM
    jammy23
    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
  • Oct 12, 2016, 02:56 PM
    ma0641
    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.
  • Oct 12, 2016, 04:02 PM
    jammy23
    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?
  • Oct 12, 2016, 07:40 PM
    ma0641
    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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