Login

DaNumisMasta's Blog

03 Nov 2020

My "Pretty Lady"

Coins | DaNumisMasta

Hi all! I hope you are all doing well! I'm sorry about my inactivity recently. I have been busy with the "end of term grinds" and family vacation. I am getting back into the groove of things now, and whether you like it or not, you'll be hearing more from me ;).

I've decided to follow in Mike's footsteps and write a bit about most of the individual coins that I own. I chose to write about my 2012 Proof ASE first for the sole reason that the photo was already uploaded haha. These coins have always had a special place in my heart. I inherited 15 of them from my late grandfather, and have collected them ever since. It began with my fascination with silver prices and and and interest in investment. Soon my love of coins outweighed bullion, and my love for the ASE grew past silver and more to the beautiful design. It is my opinion that the ASE is the most beautiful and visually satisfying coin the US Mint has ever released with the exception of the eagle design of Saint-Gaudens. I saw this piece in my friend's collection and instantly knew that I had to have it. He is notoriously a tough negotiator, but within the hour, the coin was mine. I gave up a few of my smaller coins in my collection with the mindset of "quality over quantity" and BOY is this an example of true quality... It is also my opinion that there are two factors that outweigh the value of a coin when it comes to trading. First is the history behind it. I would much rather have a coin with an amazing story than possess a coin with a high retail value. If coins had no story then this hobby wouldn't be unique. Second is the journey you travel in order to get the coin. It is one thing to buy a coin online, and a whole other thing to negotiate for it. Negotiating is half of the fun! The ASE has every one of these things. It will always hold a footprint on America's legacy of coinage. As William Wooden said, "Coins are the footprint of nations" and I would not mind a bit if this coin was the main footprint of America.

Before I tie this blog up, I wanted to share a bit about these coins that you may or may not know about these beautiful works of art. The first American Silver Eagle coins from the United States Mint were issued with 1986 date marks on the obverse side of the coin. The Silver Eagle consists only of a 1 Troy oz silver coin with .999 purity and a face value of $1 backed by the federal government. The US Mint uses images of Lady Liberty and the American bald eagle on the obverse and reverse sides of the coin, respectively. The designs never change and the only variation in the coins is the use of a mint mark on the reverse side of the proof coins.

I certainly hope you enjoyed! Please enlarge the picture and have a great rest of your day!

Cheers, NM


Comments

Mal_ANA_YN

Level 4

Nice blog. Proof SAE's seem to hold their value so always a good investment.

Long Beard

Level 5

For an unknown reason I do not possess a single American Silver Eagle. Which is nothing against them, per say., as they have a nice design. Simple.

coinfodder

Level 5

I personally like the ASE, but I am not a fan of the proposed reverse. Looks like someone took snipping tool and traced the design into ink. Cheers, fodder

Stumpy

Level 5

ASE or "Pretty Ladies" are our fav coin. We get a couple of each mint mark every year. As Longstrider pointed out almost all of the ASE coins released since 1986 are not worth a lot, having said that there are one or two that will knock you socks off financially. But they are beautiful and since they have been minted only in Proof, or Burnished condition, it is rare to find one below PF69 or MS69. 2012 just happens to be one of the years I'm missing. I'm jealous, lol. Enjoyed the blog. Later!

Kepi

Level 6

Nice to hear about your family history with collecting! Enjoy those ASE's!

Longstrider

Level 6

Nice to have a family history to add to your coins. I too started buying ASE as an investment. Now I get them for the collection. I also found out they hold no additional value over generic rounds when it is time to sell them back. Thanks.

Mokie

Level 6

You've transitioned from an investment viewpoint to a collector viewpoint. Bravo!!!!!

They are great coins! Thanks for sharing, I may have some ASE's you want in my collection. You want to trade sometime?

DaNumisMasta

Level 5

For sure... If i can get my parents onboard with the idea of sending coins through the mail Haha

Mike

Level 7

Great blog for a.great coin. Thanks for.writing it. I think most collectors like this coin. Especially the powerful eagle. He represents our country. Shows protection Waite till you see the new one.!! Thanks for the blog.

I. R. Bama

Level 5

Yes they are very beautiful coins I enjoyed hearing about you family history in collecting. Makes them more special, doesn't it?

Golfer

Level 5

Ive been looking at ASE a lot more lately. The new design got me interested in maybe purchasing a few proofs. I have a few unc bullion eagles, but that is just silver. Need a couple nice certified proofs. Nice trade ! Quality over quantity is a good way to go.

I've always been fascinated by how large and heavy these coins are. I was astounded when they made Ikes seem small. Cheers back!

We use cookies to provide users the best experience on our website. If you continue without changing your cookie settings, we'll assume that you agree to receive all cookies on money.org. You may disable cookies at any time using your internet browser configuration. By continuing to use this website, you agree to our privacy policy and terms of use. To learn more about how we use cookies and to review our privacy policy, click here.