Comments on: 2016 Annual Uncirculated Dollar Coin Set Available

By: Rodney

Rodney — Sat, 10 Sep 2022 13:38:38 +0000

This assessment didn’t age well. This 2016 set turned out to be low mintage and the cheapest I can find this set on ebay is $169 – over 3 times the original mint price. I did buy one set from the mint but now I’m wishing that I had bought ten sets instead of just one.

By: Nels

Nels — Tue, 20 Dec 2016 07:31:28 +0000

Rodney Moore, I’m not saying coin world is wrong about coin returns being resold. I was just saying what I was told by the people taking your money at the mint… She said every return that is sent back is not resold. I believe coin world over them anytime! I don’t really think I said anything about not believing coin world. If I did then I apologize.

By: Seth Riesling

Seth Riesling — Sat, 17 Dec 2016 21:07:20 +0000

joera –

You are right on with your description of the bullion version versus the Burnished finish ASE $1 coins. The bullion version looks basically like any other regular silver bullion coin & appears a little “brighter” than the Burnished finish one which as you described has a dull, satin, “matte” finish. Of course, the Mint mark makes all the difference (on these in Proof & Burnished Uncirculated versions). The bullion versions have never had a Mint mark since the ASE $1 coin program began in 1986.

Happy collecting!

-NumisDudeTX

By: joera

joera — Sat, 17 Dec 2016 19:50:05 +0000

Seth:
Am I right as far as what a burnished eagle looks like compared to the uncirculated bullion? The uncirculated bullion being closer to being able to be proof like than the burnished?

By: Seth Riesling

Seth Riesling — Sat, 17 Dec 2016 17:41:03 +0000

joera –

What you have described on your 2013 annual Uncirculated $1 coin set is more than likely a set tampered with. Due to the way those sets are packaged, it would be very hard to cut open the sealed plastic without tearing part of the cardboard folder. But a sharp Exacto knife or scalpel could do it. Also, there have been no other reports of an Uncirculated Burnished finish ASE $1 coin of any year without a Mint mark. But, I would definitely have a coin dealer look at it to make sure. Good luck.

-NumisDudeTX

By: joera

joera — Sat, 17 Dec 2016 14:56:07 +0000

Seth:
I would like to know what you think about my 2013 Annual Uncirculated Dollar Set. I think you have told me before that you use to work somewhere in the coin business and you seem to know more about coins, coin news and the US Mint than I or some others know. I also respect your opinion and comments you have posted on this site If I knew where you live I would love to show you my set in person to see what you thought about it. I really can’t tell the difference between the burnished eagles and the more common uncirculated bullions. I think the bullions have more of a bright shine look and the burnished have a more dull or satin look. In other words the bullions can be more “proof like” than the burnished eagles. I think?? lol

By: joera

joera — Sat, 17 Dec 2016 14:25:04 +0000

Thanks for the replies on my 2013 set.

Nels: Rodney Moore is right about the undamaged returns being resold. But I also agree with you in that I don’t put much faith in mint either. It seems like the mint would check returned items for things like damage or for things that have been tampered with in one way or another. Like maybe someone switching items to either get something better than they have or switch something for something completely different.

Rodney Moore: I did not notice anything obvious on the packing. What I did notice is that I can feel around the edge of the ASE holder and feel a small space where the two halves come together. It seems like you could open it there like on single coin holders. But the space is very small and it seems tight and no noticeable signs of it being opened. Is it possible? I think it could be. Just because now a days almost anything is possible. People can figure out ways to, as they say, “stick it to the man” or do just about anything all the time. I have thought about sending the whole package to NGC or PCGS but before I spend the money on what could be just a common uncirculated eagle, I want to show it to someone who could tell me if it is a burnished eagle or just an uncirculated eagle. Maybe a local coin dealer or anyone else who could tell the difference. But if I do show it to someone before I send it in, I will for sure always keep my eye on it.

By: Joe

Joe — Fri, 16 Dec 2016 10:00:06 +0000

joera, Definitely get the Silver Eagle graded. I never read or heard of a burnished or proof Silver Eagle with no mint mark. That would be big news for the coin collecters of the world. Good Luck

By: RODNEY MOORE

RODNEY MOORE — Fri, 16 Dec 2016 02:07:03 +0000

Nels, Read the very last sentence in this coinworld article written today. It says that undamaged returns are sent back to inventory to be resold. And you’d think Coin World would know what the procedure really is.

Link: http://www.coinworld.com/news/us-coins/2016/12/gold-winged-liberty-head-mercury-dime-sold-out.html

By: RODNEY MOORE

RODNEY MOORE — Fri, 16 Dec 2016 01:58:34 +0000

Joera,
I’ve never gotten the annual uncirculated set before but if it is like some other sets that I have seen it would be kind of difficult to get one coin out and put another in its place without it being very obvious.
What do you and others think? Would it be easy or very difficult to swap the coin without the packaging being messed up?
If I were you, I’d be seriously trying to find out if it was an error. You should consider sending it in to NGC or PCGS and tell them the situation (send it in the packaging) and see what they certify it as?
I ordered this years uncirculated dollar set because of it being the anniversary for the eagle so this is my very first set of that type.