1996 silver eagle..not in unc...worth?

I have a 1996 silver eagle, not in unc condition or near it. Is all
its value in the intrinsic silver content? Or essentially all of its
value?

TY

wrote:
I have a 1996 silver eagle, not in unc condition or near it. Is all
its value in the intrinsic silver content? Or essentially all of its
value?

Actually, the 1996 is a key date in the Silver Eagle series - so that
particular coin should sell for more than its melt value regardless of
condition.

Most of the completed sales on eBay are in the $30 to $40 range.

--
Jim Seymour

On Apr 5, 3:02�pm, wrote:
I have a 1996 silver eagle, not in unc condition or near it. Is all
its value in the intrinsic silver content? Or essentially all of its
value?

TY

It may be a key date, but I can't even sell rolls of them for spot
value. I have 3 from 2002, and unless I can come up with an
alternative use for them, it appears I'm stuck with 60 bullion
novelties that make the dealers rich and do nothing for me except take
up space.

On Apr 6, 5:18*am, "newsgroup" wrote:
"Jim Seymour" wrote in message

news:RkSJj.427$mL2.256@trndny03...

wrote:
I have a 1996 silver eagle, not in unc condition or near it. Is all
its value in the intrinsic silver content? Or essentially all of its
value?

Actually, the 1996 is a key date in the Silver Eagle series - so that
particular coin should sell for more than its melt value regardless of
condition.

Most of the completed sales on eBay are in the $30 to $40 range.

--
Jim Seymour

Not uncirculated? *Isn't that a bit odd? *Is it a proof? *I cannot imagine a
1996 SAE
circulating. *As what?
Aram.

It came out of a Reno slot machine years ago...so its condition is
well under unc.

On Apr 6, 10:30Â*am, wrote:
On Apr 5, 3:02�pm, wrote:

I have a 1996 silver eagle, not in unc condition or near it. Is all
its value in the intrinsic silver content? Or essentially all of its
value?

TY

It may be a key date, but I can't even sell rolls of them for spot
value. I have 3 from 2002, and unless I can come up with an
alternative use for them, it appears I'm stuck with 60 bullion
novelties that make the dealers rich and do nothing for me except take
up space.

Tell ya what bunky, I'll take 'em off your hands for $15 each.

On Apr 6, 2:23Â*pm, RF wrote:
On Apr 6, 10:30Â*am, wrote:

On Apr 5, 3:02�pm, wrote:

I have a 1996 silver eagle, not in unc condition or near it. Is all
its value in the intrinsic silver content? Or essentially all of its
value?

TY

It may be a key date, but I can't even sell rolls of them for spot
value. I have 3 from 2002, and unless I can come up with an
alternative use for them, it appears I'm stuck with 60 bullion
novelties that make the dealers rich and do nothing for me except take
up space.

Tell ya what bunky, I'll take 'em off your hands for $15 each.

He probably wouldn't be interested in waiting 6 months for you to
come up with $15. for each coin, which is about how long it would take
your scrawny ass to earn that much by dancin' for quarters on street
corners. RF=Mr. Bojangles!!

Carl

On Apr 6, 11:27*pm, Carl LaFong wrote:

* *He probably wouldn't be interested in waiting 6 months for you to
come up with $15. for each coin, which is about how long it would take
your scrawny ass to earn that much by dancin' for quarters on street
corners. RF=Mr. Bojangles!!

You seem inordinately interested in my ass and legs Carl!

On Apr 7, 6:53*am, RF wrote:I'm a dancing
imbecile!
On Apr 6, 11:27*pm, Carl LaFong wrote:

* *He probably wouldn't be interested in waiting 6 months for you to
come up with $15. for each coin, which is about how long it would take
your scrawny ass to earn that much by dancin' for quarters on street
corners. RF=Mr. Bojangles!!

You seem inordinately interested in my ass and legs Carl!

Sorry to disappoint you but No. However the mental image of your
'world hunger poster boy-like' physique dancin' on a street corner for
quarters does bring a few chuckles!! Thanks for the laff and do keep
dancin' for us. You're quite entertaining!

Carl

newsgroup wrote:
wrote in message
...
On Apr 6, 5:18 am, "newsgroup" wrote:
"Jim Seymour" wrote in message

news:RkSJj.427$mL2.256@trndny03...

wrote:
I have a 1996 silver eagle, not in unc condition or near it. Is all
its value in the intrinsic silver content? Or essentially all of
its value?

Actually, the 1996 is a key date in the Silver Eagle series - so
that particular coin should sell for more than its melt value
regardless of condition.

Most of the completed sales on eBay are in the $30 to $40 range.

--
Jim Seymour

Not uncirculated? Isn't that a bit odd? Is it a proof? I cannot
imagine a 1996 SAE
circulating. As what?
Aram.

It came out of a Reno slot machine years ago...so its condition is
well under unc.
==============

Very interesting. Hadn't occurred to me. Of course! Makes sense.
Thx. Aram.


I am not a gambler and don't often play the slots (or any other game of chance),
however, from a logical standpoint, it doesn't make sense to me. In the first place,
spot silver was about $5.00 per ounce in 1996 (and I don't believe it has been less
than that since). What idiot would put a $5 coin in a dollar slot machine? Secondly,
since the SAE is pure silver, wouldn't it have a different signature than the 90%
silver dollars? The machine would have to be designed to accept only SAEs wouldn't
it? Would that be profitable for the Casino to have machines that accepted only SAEs?
How much use you reckon they would get? And thirdly, I thought slot machines switched
to Ikes only after the price of silver exceeded the face value of the dollar. Nope,
doesn't make since to me.

--
©¿©¬
~
Ed Hendricks

Ed Hendricks wrote:
newsgroup wrote:
wrote in message
...
On Apr 6, 5:18 am, "newsgroup" wrote:
Not uncirculated? Isn't that a bit odd? Is it a proof? I cannot
imagine a 1996 SAE
circulating. As what?
Aram.
It came out of a Reno slot machine years ago...so its condition is
well under unc.
==============

Very interesting. Hadn't occurred to me. Of course! Makes sense.
Thx. Aram.

I am not a gambler and don't often play the slots (or any other game of chance),
however, from a logical standpoint, it doesn't make sense to me. In the first place,
spot silver was about $5.00 per ounce in 1996 (and I don't believe it has been less
than that since). What idiot would put a $5 coin in a dollar slot machine? [...]

In the olden days (when slots actually used coins and tokens), some of
them would spit out "special" coins or tokens for the higher payouts.

I once got a lovely bimetallic (silver/bronze) $10 casino token when
some special combination came up on a 25 cent machine.

I'm guessing that the eagle was such a "special" payout. The machine
probably didn't *accept* them, but gave them out occasionally.

--
Jim Seymour