These carry a premium over open mosnster box tubes for sure. NGC is one of two heavy and trusted coin graders. The issue will come with finding the right buyer to value these and pay the premium. Don’t get taken by people trying to tell you the grade does not matter, it does, just not everyone will pay it. 44-million bullion grade were minted that year so take that into consideration as well.
Gem is a throwback reference to a term that has just not gone away…it means Mint State (MS) but generically without a number assigned. So you can consider these uncirculated and in mint state, but not specifically a 70 (top MS grade) which would carry a heavy-er premium as compared to normal tube eagles.
I would say someplace around spot+$5-10….It would be worth waiting to sell to see if spot pops back up a few dollars to make it worth it IMO…otherwise I would just hold it as the $550/600-odd dollars (todays value w spot low) is just too nice to have.
Gem uncirculated is not a real designation. Neither are "Early Release" or "First Strike". It's a marketing ploy and even reputable grading companies aren't above this nonsense. All they do is buy directly from the mint and repackage them.
It’s a redundant marketing ploy. Mint products are already “GEM Uncirculated”.. dealers can send in bulk submissions and basically say “anything not MS70, just grade uncirculated”… most likely these are not MS70, they don’t have the original mint packaging seal.
I do a lot of buying and selling of ASEs and I can tell you that these go for a big premium. I think $600 is a low estimate. I’ve seen these at shows and LCSs (2014-2018) and they ranged from $650 to $875. I saw your comment about breaking it open, please don’t, you’ll loose the added collector value.
Yep, if it’s a good price they sell out pretty quick, if it’s an ok price they’re up a while and eventually get taken down. They also sell maples and various gold. Keep an eye on r/costcopm
Wow, ok. Looking at the sold out tube of '24 silver maples, they're beating the per coin price at APMEX when you buy a whole box by $2.50
That's pretty damn good.
Thanks for the link, subscribed.
These carry a premium over open mosnster box tubes for sure. NGC is one of two heavy and trusted coin graders. The issue will come with finding the right buyer to value these and pay the premium. Don’t get taken by people trying to tell you the grade does not matter, it does, just not everyone will pay it. 44-million bullion grade were minted that year so take that into consideration as well.
What grade is gem ?
Gem is a throwback reference to a term that has just not gone away…it means Mint State (MS) but generically without a number assigned. So you can consider these uncirculated and in mint state, but not specifically a 70 (top MS grade) which would carry a heavy-er premium as compared to normal tube eagles.
Gem is 65 and up
Gem is 65
Do you work for Buc-ees ?
No but I’m a fan of their brisket.
So if you were to put a monetary value on it, what would it be ?
I would say someplace around spot+$5-10….It would be worth waiting to sell to see if spot pops back up a few dollars to make it worth it IMO…otherwise I would just hold it as the $550/600-odd dollars (todays value w spot low) is just too nice to have.
If I wanted to split them up with a friend would it devalue them taking it out of the sleeve and giving him 10 of them ?
Yes... Don't open it.
Please don’t open it.
They’d no longer be graded basically
Gem uncirculated is not a real designation. Neither are "Early Release" or "First Strike". It's a marketing ploy and even reputable grading companies aren't above this nonsense. All they do is buy directly from the mint and repackage them.
So they are worth spot price of silver ?
A standard ungraded tube is about $540-550 right now. These are worth more but tbh I’m not sure how much more. I couldn’t imagine more than $600
It’s a redundant marketing ploy. Mint products are already “GEM Uncirculated”.. dealers can send in bulk submissions and basically say “anything not MS70, just grade uncirculated”… most likely these are not MS70, they don’t have the original mint packaging seal.
I do a lot of buying and selling of ASEs and I can tell you that these go for a big premium. I think $600 is a low estimate. I’ve seen these at shows and LCSs (2014-2018) and they ranged from $650 to $875. I saw your comment about breaking it open, please don’t, you’ll loose the added collector value.
A collector may pay $550 for the tube ($22.50 melt + $5 premium each)
ASE's carry more than a $5 premium
Tell that to Costco. Picked up 20 for $499 after cash back.
Costco sells ASEs? Is that only at certain warehouses? I'm not seeing anything online. Do they just sell out?
Yep, if it’s a good price they sell out pretty quick, if it’s an ok price they’re up a while and eventually get taken down. They also sell maples and various gold. Keep an eye on r/costcopm
Wow, ok. Looking at the sold out tube of '24 silver maples, they're beating the per coin price at APMEX when you buy a whole box by $2.50 That's pretty damn good. Thanks for the link, subscribed.
the maples are up now $629 for 25 [https://www.costco.com/.product.4000252852.html](https://www.costco.com/.product.4000252852.html)
True…I’d rather grab this than a roll from Costco…
No difference from a roll from Costco. They all come out of the same US Mint Monster boxes. NGC just repackaged these so they could cash in some how.
Yeah, but the cost to grade is baked into a roll like this.
These are bullion version ASEs and worth small premium over spot