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Author Topic: BitcoinMint.US offering Silver, Platinum, Gold, Nickel & Copper Eagles for BTC!  (Read 5981 times)
BitcoinMint.US
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September 06, 2011, 04:59:40 AM
Last edit: June 04, 2013, 10:46:26 PM by BitcoinMint.US
 #1

No current products for sale.  Thanks to all those who ordered.  I can be reached privately for bulk sales.

Public BTC Address: 123HoqWtvujHtAP3kywFyj6TnVEmEADVme


CUSTOMER REVIEWS:

I'm very satisfied and looking forward to future purchases.

+1,000,000
Very rapid delivery, came 2 days faster than expected. Coin is in perfect condition- no smudges, no scratches, NOTHING. It's safe to say that this seller is more trustworthy than anyone on eBay.

My order from Canada was perfect in every way.
Bonus; he's a nice guy to deal with.
Recommended.

BitcoinMint was extremely professional, the shipping was super fast, communication could not be any better. I highly recommend this place for coin purchases and I surely will be back to buy more of them myself!

Quote from: "Bruce" on December 5, 2011, 2:00:00 PM
I'm sending this short e-mail to thank you for your prompt service. I sent Bitcoins for one silver eagle on the 28th Nov. and it arrived today! This is the best thing I've bought with Bitcoins yet.
Thank you again, sincerely,
Bruce

I would suggest BitcoinMint, it took a week to receive my coins and he communicates very well.

My shiny Eagle arrived today, nice and quick especially considering the time of year.
I am very happy with my purchase Grin
Awesome coin, thank you very much Cheesy

Quote from: "Ryan" on January 31, 2012, 10:13:00 AM
The coin is very nice, thanks!

+1 BitcoinMint.US
I'm extremely satisfied with my purchase and would love to do business again!

Got my shipment today.  Very nice packaging, the coins are in mint condition.  BitcoinMint.US is fantastic.  Great customer service.

Quote from: "Andy" on March 20, 2012, 2:27:00 AM
It was a pleasure doing business with you, and I look forward to the next time.  Thank you again!

Just wanted to let everyone know BitCoinMint.us is great to do business with. I ordered something from Coinabul.com on 3/13/12 and have yet to receive it. I order from from BitCoinmint.us on 3/27/12 and got the item 4/2/12 and he threw in a free 1g Silver coin. I have also contacted him directly via email and ordered another 20 Copper 1oz coins from him and he gave me a break on shipping. My advice if you are looking for a reputable seller for gold, silver, and other precious metal coins BitCoinMint.us is the way to go.

Best online merchant ever! two orders so far, both shipped very fast! last one was placed morning of 4/5, recieved 4/7! Holy catfish, Andy! Recommended merchant! Thank you!
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wildboy211
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September 07, 2011, 03:29:29 AM
 #2

It would help if you put pricing on the site.
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September 07, 2011, 03:31:27 AM
 #3

It would help if you put pricing on the site.

If you click on the "Bitcoin Order Now" button, you see the price in the cart.  But I agree it would be much better to have the price on the home page.
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September 07, 2011, 03:42:44 AM
 #4

ordered. will report back with review.
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September 07, 2011, 04:16:19 AM
 #5

Are the chinese pandas really worth a ~30% markup on spot price?

Or are these limited edition coins.

1f3gHNoBodYw1LLs3ndY0UanYB1tC0lnsBec4USeYoU9AREaCH34PBeGgAR67fx
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September 08, 2011, 12:10:15 AM
 #6

Are the chinese pandas really worth a ~30% markup on spot price?

Or are these limited edition coins.

Go check a site like apmex.com or other online seller that does pandas  a panda in general trades about 20% over spot value in non-virtual cash.  Mostly it is due to mintage and the fact they change out the image on the coin every year, thus making them even more desired as people complete sets of them.  I'd expect to pay $52-55 USD for a panda right now retail so the pricing here really isn't that bad at all.

That being said, pending the results of someone else testing out the waters and reporting back I'll be in for a few at this price.
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September 09, 2011, 10:55:31 AM
 #7

APMEX.com's prices are also a little deceptive because they charge more than 3x as much as I do for shipping.

Very true, even basic shipping with them starts at like $14, so unless you're buying a good bit you'll need to factor that into the costs, but either way its a decent baseline for someone to see you're not that far removed from "normal" values on these.
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September 11, 2011, 06:42:45 PM
 #8

Just want everyone to know that I received the silver (1 2011 American Eagle and 1 g Bitcoin branded).  The BitcoinMint.us website could use some polish and more selection, but the check-out process with bit-pay was seamless.  In fact, the bit-pay system appears to be very solid and mature.  Any merchant even remotely curious about accepting new payment options should give strong consideration to bit-pay.

I received a confirmation email after I placed the order. Time from ordering to silver in hand was around 3 days.  The packaging was simple and effective, though I think BitcoinMint should consider having a cover name for the return address so that no one handling the package gets curious.  Overall, I'm very satisfied and looking forward to future purchases.


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September 12, 2011, 06:30:53 PM
 #9

Just out of curiosity: Which shopping cart system do you use?
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September 13, 2011, 05:59:34 AM
 #10

Just out of curiosity: Which shopping cart system do you use?

I use www.bit-pay.com and although I have run into a few issues, their staff quickly looks into and resolves any problems.  I would recommend them.

I wish that system was available to non-US-residents.
Plus, the lady on the frontpage is HAWT.

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September 14, 2011, 06:35:01 AM
 #11

I wish that system was available to non-US-residents.

It is available to anyone that accepts bitcoins. You only need a US tax ID if you are accepting dollars.

no, sorry.
the registration process only allows "UNITED STATES" as country of residence - too bad for me.
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September 15, 2011, 11:22:27 AM
 #12

Hi,

I don't mean to meddle, but nonetheless would like to ask:
do you pull realtime silver/gold prices off the web and calculate the prices against USD / BTC?

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September 16, 2011, 06:19:16 AM
 #13

I do have a pretty large portfolio and cant even get half of the things online - what if i forhet to check for a day? i "only" charge a little percentage on top of the spot price.

would you be interested in joining force and have someone develop a "real" pricing API for bit-pay in conjunction with, say, wordpress?

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September 19, 2011, 02:19:37 PM
 #14

would you be interested in joining force and have someone develop a "real" pricing API for bit-pay in conjunction with, say, wordpress?

I'm not a wordpress fan. My coins are also "in stock" and not ordered after a sale, so spot price isn't really relevant to my daily sales price.

My goal is to offer the most simple, straightforward, and cheapest way to get bitcoins converted to silver.

mine are in stock also, i just dont want my customers the impressions that i am screwing them over, keeping the price as transparent as possible. i am also not trying to tell you how to price your items :-D

i was just wondering you were interested in moving certain aspects of the community forward. wordpress being the most prevalent engine out there, it seemed to make sense.

please take no offense in me asking!

cheers

BTCcomm

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September 29, 2011, 04:27:02 PM
 #15

Did business with this person, and I'm very pleased with the results. Will definitely do business with him again


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October 04, 2011, 01:46:35 AM
 #16

I really hope pricing for the Panda coin will go down soon. I'm dying to buy one, but 100% above spot price of silver in total? No thank you.


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October 05, 2011, 02:28:32 AM
 #17

Hey. I exceeded the message limit, so I can't send you further details until the hour is up, but I agree to the offer and would definitely like to purchase the panda coin.


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October 09, 2011, 04:13:44 AM
 #18

+1,000,000
Very rapid delivery, came 2 days faster than expected. Coin is in perfect condition- no smudges, no scratches, NOTHING. If you're looking at this post, and you want a coin from BitcoinMint.US but you have no Bitcoins, I suggest you get some so you can buy from them. It's safe to say that this seller is more trustworthy than anyone on eBay.


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October 21, 2011, 02:46:03 PM
 #19

My order from Canada was perfect in every way.

Bonus; he's a nice guy to deal with.

Recommended.
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November 05, 2011, 05:25:54 PM
 #20

Plans for a 1oz bitcoin round?

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November 05, 2011, 07:39:23 PM
 #21

What is the mintage minimum?

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November 18, 2011, 08:07:38 PM
 #22

I purchased a Chinese panda , very cool coin - my wife loves it , precious metals are always a good investment and a great thing to keep in the family and pass down to your children.

BitcoinMint was extremely professional, the shipping was super fast, communication could not be any better. I highly recommend this place for coin purchases and I surely will be back to buy more of them myself!
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February 09, 2012, 06:45:43 PM
 #23

Copper isnt everyones cup of tea , but your better placed to re-sell these in the US for bitcoins, - https://bitcointalk.org/index.php?topic=63259.0 ,

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February 15, 2012, 09:52:46 PM
Last edit: February 28, 2012, 12:19:20 AM by BitcoinMint.US
 #24



2 new products have been added to BitcoinMint.US.  Nickel & Copper American Eagles now available!
Free 1g Silver American Eagle to the first 5 (1 left) orders that include one of these new products.



1/2oz Nickel American Eagle x3




1oz Copper American Eagle x4

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February 24, 2012, 04:26:19 AM
 #25

BitcoinMint.US is very responsive, a good business practice.  I just placed an order and am waiting for my shipment to come.  I live in Canada.
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February 27, 2012, 01:54:00 AM
 #26

See our latest 1g Silver Eagle auction here.
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February 27, 2012, 09:38:58 PM
 #27

I was VERY interested in trading BTC for some 1oz silver eagles - until I noticed that you charge $5.00 shipping and handling PER coin...   

Please explain why you charge $100 to ship a roll of eagles???    Huh
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February 27, 2012, 09:53:19 PM
Last edit: February 28, 2012, 12:10:37 AM by BitcoinMint.US
 #28

Please explain why you charge $100 to ship a roll of eagles???    Huh

Thank you for your question, it is one I get a lot in emails.  This is a limitation in the bit-pay BTC processing software I use.  I have considered making a product listing for rolls of eagles, but typically users just PM me and we handle larger deals that way.  I like the personal touch when dealing in these larger amounts and can typically respond very quickly.  Rest assured if you contact me via email or PM on these forums, we can work out a price with reduced shipping.  Typical pricing for a roll is the regular cost of 20 eagles on BitcoinMint.US with a $65 shipping discount and 1% total cost discount.
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February 27, 2012, 11:05:23 PM
 #29

Quote from: BitcoinMint.US
Thank you for your question, it is one I get a lot in emails.  This is a limitation in the bit-pay BTC processing software I use.  [...] typically users just PM me and we handle larger deals that way.  I like the personal touch [...] if you contact me via email or PM on these forums, we can work out a price...

Gosh, I'm SO gauche!!!  I will approach issues of this nature more personally in the future.

Yet another one of many-a-gaffe I shall make here. I'm am sorry I wasn't more inconspicuous...

And please accept my apologies for any rude 'tone' that may have been construed.

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February 28, 2012, 04:54:07 PM
 #30

please accept my apologies for any rude 'tone' that may have been construed.

No worries.  Let me know if you have any other questions and I would be glad to answer them for you.
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February 29, 2012, 01:41:50 AM
 #31

I received a 1 oz. round and a 1 gram round from BitcoinMint.US.

Hands down the finest coins I own.

Would gladly do business again, and you should too!

Edit:  Any plans for gold?   Grin

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March 01, 2012, 02:37:11 AM
 #32

Edit:  Any plans for gold?   Grin

I don't receive many requests for gold, so I'm not sure it will be worth me carrying it as a product.  However, I may grab a couple 1/10 oz gold and platinum coins next time I restock so customers have the option.  If you want gold or platinum sooner, just PM me with what you want and I can special order it, shipped to you directly from my supplier.

PM sent Smiley

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March 05, 2012, 01:13:08 AM
Last edit: March 14, 2012, 05:18:45 PM by BitcoinMint.US
 #33



2 new products have been added to BitcoinMint.US.  Gold & Platinum American Eagles now available!


1/10oz Gold American Eagle




1/10oz Platinum American Eagle

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March 07, 2012, 05:26:58 PM
 #34

A big THANK YOU to those of you who placed gold coin orders.  We have temporarily run out of stock and will be reordering more when we restock again.  All orders that have already been placed have either been shipped, or were ordered from my supplier to ship directly to the customer and will be shipped within the next 5 days.  I underestimated the demand.  My apologies for that.  Any orders received before we are restocked will be shipped directly from our supplier to avoid potentially longer delays.  Please be aware it may take 6 days for your item to ship once your order is placed.
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March 10, 2012, 09:32:38 PM
 #35

Got my shipment today.  Very nice packaging, the coins are in mint condition.  BitcoinMint.US is fantastic.  Great customer service.
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March 11, 2012, 03:03:00 AM
 #36

I received a 2nd shipment of silver recently and I couldn't be happier!

+1 BitcoinMint.US

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March 16, 2012, 09:11:13 PM
Last edit: March 16, 2012, 09:39:35 PM by JBDive
 #37

Ordered and received so I thought I would leave a few comments.

First off the ordering and Bit-Pay do work well and quickly. Second the product arrived quickly.

Now the cons.
Seller says they did respond to emails but somewhere along the line those just didn't make it. I'll try another email address next time.

No information from seller as to the acceptance of the order or shipping. After processing the Bit-Pay order your sitting there wondering if you've been scammed or your order will show up. Emails went unanswered which I won't totally condemn considering coin came in within 3 days and not everyone checks emails daily but a business should. Second off the shipping is plain vanilla envelope with no insurance. I would hope to see that changed with orders of any quantity but even on a single Silver Eagle your talking $45 and considering the level of service by the USPS I certainly wouldn't ship in that manner. Lastly I was a bit disappointed in the coin itself. I found a rather large ding in the gown near the back foot, see below. Not a large ding and I did not expect Proof but did expect  Uncirculated to Near Uncirculated.

Overall I would purchase again and probably will as Silver prices vs. Bitcoin makes it a good buy.

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March 16, 2012, 09:54:39 PM
Last edit: March 17, 2012, 03:53:36 AM by BitcoinMint.US
 #38

No information from seller as to the acceptance of the order or shipping. After processing the Bit-Pay order your sitting there wondering if you've been scammed or your order will show up. Emails went unanswered which I won't totally condemn considering coin came in within 3 days and not everyone checks emails daily but a business should.

Thank you for the feedback.

It sounds as if you didn't have a very good experience.  I apologize.  Please check your spam filter so you can see that no email went unanswered, and in fact all inquiries both via email and forum PMs were responded to within minutes.

EDIT: All our coins are uncirculated.  No manufacturing process is 100% perfect, but rest assured I unwrap and open each tube of coins myself.
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March 17, 2012, 02:50:53 AM
 #39

No information from seller as to the acceptance of the order or shipping. After processing the Bit-Pay order your sitting there wondering if you've been scammed or your order will show up. Emails went unanswered which I won't totally condemn considering coin came in within 3 days and not everyone checks emails daily but a business should.

Thank you for the feedback.

It sounds as if you didn't have a very good experience.  I apologize.  Please check your spam filter so you can see that no email went unanswered, and in fact all inquiries both via email and forum PMs were responded to within minutes.

Other than the email problem which we haven't worked out yet I was not unhappy with the purchase and as I said would purchase again. Still working on where those emails went and I probably should have tried a PM here that first day as well.
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March 17, 2012, 02:52:30 AM
 #40

JBDive, what lens and camera are you using? Nice pics.

Mining Rig Extraordinaire - the Trenton BPX6806 18-slot PCIe backplane [PICS] Dead project is dead, all hail the coming of the mighty ASIC!
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March 20, 2012, 06:18:48 PM
 #41

Other than the email problem which we haven't worked out yet I was not unhappy with the purchase and as I said would purchase again.

Did you ever get to the bottom of this?  I wouldn't mind hearing what the issue was.   Smiley
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April 03, 2012, 03:59:04 PM
 #42

Just wanted to let everyone know BitCoinMint.us is great to do business with. I ordered something from Coinabul.com on 3/13/12 and have yet to receive it (it did ship on 4/2/12 according to their website). I order from from BitCoinmint.us on 3/27/12 and got the item 4/2/12 and he threw in a free 1g Silver coin (hey it aint much but it was free Smiley ). I have also contacted him directly via email and ordered another 20 Copper 1oz coins from him and he gave me a break on shipping. My advice if you are looking for a reputable seller for gold, silver, and other precious metal coins BitCoinMint.us is the way to go.
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April 03, 2012, 06:53:21 PM
 #43

probably dumb question, but is the number at the end, like on the copper its x3, is that how many is left or how many you get with an order?
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April 03, 2012, 07:24:35 PM
 #44

probably dumb question, but is the number at the end, like on the copper its x3, is that how many is left or how many you get with an order?

The x3 is how many coins you get with the order.  Copper is currently x4.   Wink
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April 03, 2012, 09:51:46 PM
 #45

probably dumb question, but is the number at the end, like on the copper its x3, is that how many is left or how many you get with an order?

The x3 is how many coins you get with the order.  Copper is currently x4.   Wink

thats cool, thanks.
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April 09, 2012, 04:54:14 AM
 #46

Best online merchant ever! two orders so far, both shipped very fast! last one was paced morning of 4/5, recieved 4/7! Holy catfish, Andy! Recommended merchant! Thank you!
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April 12, 2012, 06:48:17 PM
 #47

Best online merchant ever! two orders so far, both shipped very fast! last one was paced morning of 4/5, recieved 4/7! Holy catfish, Andy! Recommended merchant! Thank you!

Wow!  Thank you for the kind words!  We always try to get shipments mailed within 24 hours.  I'm glad you were satisfied and look forward to providing you with the same great service again in the future.
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April 13, 2012, 12:16:41 PM
 #48

Ordered and received so I thought I would leave a few comments.

<snip>

<re: silver American 1oz Eagle>

Lastly I was a bit disappointed in the coin itself. I found a rather large ding in the gown near the back foot, see below. Not a large ding and I did not expect Proof but did expect  Uncirculated to Near Uncirculated.

Overall I would purchase again and probably will as Silver prices vs. Bitcoin makes it a good buy.



Interesting one here. I've just sent part of my coin collection off for sale (to upgrade my mining operation with a load of FPGAs). Regarding US silver Eagles, I had 120 (i.e. 6 tubes) and sent two tubes off, leaving four untouched tubes.

My Eagles are all 2011 year, and were bought from a reputable dealer in Europe (I've bought most of my coins from them). They arrived sealed in their 'TREASURY UNITED STATES MINT' green-lid tubes - so for the coins to be circulated would have required a bit of subterfuge. Used tubes tend to be obvious - I believe the material is polypropylene or low density polyethylene as it picks up dents and scratches very easily. My tubes arrived in 'mint' condition, so I take it as an assumption that all my 2011 Eagles are *uncirculated* condition.

Now on to the coin - because this 'ding in the gown near the back foot' rang a LARGE bell in my mind. If you're referring to the area around where the rear foot meets the 'ground', which looks like the coin edge has been impacted, causing a 'warp' - this is just the design and caught me off guard when I first bought American Eagles. You can assure yourself that the coin hasn't caught an edge by examining the circularity of the outer ring.

If you're referring to the tiny 'snakebite' scratch on the 'material' of the gown, then that looks like a minor handling error on removal from tubes. Pure silver coins are soft and hard to keep 'BU' when not individually encapsulated from the Mint (China and Australia send theirs out like this and there's no excuse for a scratched Panda or Koala, for example). IME, US Silver Eagles have the most vertical space in their full tubes (compared to the 25-coin Maple tube, or the 20-coin Philharmonic tube), and since there are no protective spacers between each coin in the tube, simply shaking the tube up and down (especially with a bit of twist to cause rotation) will result in the coins rubbing against each other, causing minor scratches.

Even worse are Canadian Maples - I bought a sealed tube straight out of a Monster box, bunged it in my safe without opening it, and under a year later opened the tube to find the coins were covered in white 'milk' corrosion. Apparently this is 'normal' for Maples - but they are of a higher purity (.9999 silver) than most others. I've an Andean Cat (Royal Silver, .99999 purity, highest available IIRC) which has remained perfectly shiny.

So to conclude, even untouched, uncirculated silver coins, held in stock by a dealer in a safe with dehumidification packs alongside (like my small collection, though I'm no dealer), can end up deteriorating if left in their Mint tubes. If you order less than a full tube, the dealer MUST by definition remove the coins from the tube and re-package, and it's VERY easy to make tiny handling marks. This doesn't constitute 'circulation' and your coins will be re-sellable as 'uncirculated'. The coins can pick up 'dings' even *without* handling, if the tubes are rattled around in transit.

On top of this, we're talking *bullion* coins here - not proofs. Bullion coins get the same resale value even when circulated and knocked about. It's about the silver, not the scratches - as long as they weigh in OK then you'll be fine. It sounds like you'd prefer a Proof coin. Get a Panda - they come from the Mint in a slightly convex plastic capsule, have beautiful designs, and whilst not technically 'proof' coins, they're up to the standard of the bloody Royal Mint's so-called overpriced 'proofs' (I'm English and have received some shoddy examples - one being of a 2,500 limited mintage!)...


US Eagles aren't my favourite coin design - for some reason the Mexicans make my favourite coins of all time (the silver Liberdad is beautiful, and the gold 20 Peso's Aztec calendar is awesome) - and after reading this, I've opened all my Eagle tubes to check them... two out of four are showing white 'milk' on the reeded edges Sad

Anyone know how to remove the 'milk' without removing silver or making the coin unsellable? The dealers are well aware of the problem with Maples but I was surprised to see the milk on some of my Eagles. Since the Mexican mint send their Libertads out in crappy cardboard tubes, I bought a load of Air-Tites and encapsulated each and every one of them (I love Libertads) - they have remained unsullied.

However, if I'm considering selling some of the Eagles individually on eBay or here for Bitcoins, my customers are going to be pretty pissed off to receive coins with white 'milk' on them - regardless of normality.

Any experts here know the answer? Is the usual practice a simple dip in silver cleaning solution, followed by a thorough rinse and dry with microfibre cloth? I was told never to handle my coins without gloves, but untouched silver coins in sealed tubes *still* deteriorate...

...so I give in to the rhythm, the click click clack
I'm too wasted to fight back...


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April 20, 2012, 08:55:06 PM
 #49

Other than the email problem which we haven't worked out yet I was not unhappy with the purchase and as I said would purchase again.

Did you ever get to the bottom of this?  I wouldn't mind hearing what the issue was.   Smiley

Sorry I've not been back here in awhile.

I would like you to send me a test message, actually I am going to request a quote on a multiple coin buy so will send you a note. I think the problem is with the logic used by my frontend mail filter. I had to remove a filter with a "or", "and" statement as it was killing off a bunch of email. Interesting thing was it appeared to be limited to incoming GMail even though those emails did not have any of the "and" or "or"'s in the entire email and header.

Basically the filter was if any email contains anywhere in it or the header, "enlarge" or "supplement" and "free" then trash the email. It was not processing this correctly at all after testing it with emails from my own GMail account with only "123" in the subject and body would be trashed. Remote the "or" statement and it worked or send from another provider and it worked.

Not that anyone cares but there it is.
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April 20, 2012, 09:03:36 PM
 #50

Ordered and received so I thought I would leave a few comments.

<snip>

<re: silver American 1oz Eagle>

Lastly I was a bit disappointed in the coin itself. I found a rather large ding in the gown near the back foot, see below. Not a large ding and I did not expect Proof but did expect  Uncirculated to Near Uncirculated.

Overall I would purchase again and probably will as Silver prices vs. Bitcoin makes it a good buy.



Interesting one here. I've just sent part of my coin collection off for sale (to upgrade my mining operation with a load of FPGAs). Regarding US silver Eagles, I had 120 (i.e. 6 tubes) and sent two tubes off, leaving four untouched tubes.

My Eagles are all 2011 year, and were bought from a reputable dealer in Europe (I've bought most of my coins from them). They arrived sealed in their 'TREASURY UNITED STATES MINT' green-lid tubes - so for the coins to be circulated would have required a bit of subterfuge. Used tubes tend to be obvious - I believe the material is polypropylene or low density polyethylene as it picks up dents and scratches very easily. My tubes arrived in 'mint' condition, so I take it as an assumption that all my 2011 Eagles are *uncirculated* condition.

Now on to the coin - because this 'ding in the gown near the back foot' rang a LARGE bell in my mind. If you're referring to the area around where the rear foot meets the 'ground', which looks like the coin edge has been impacted, causing a 'warp' - this is just the design and caught me off guard when I first bought American Eagles. You can assure yourself that the coin hasn't caught an edge by examining the circularity of the outer ring.

If you're referring to the tiny 'snakebite' scratch on the 'material' of the gown, then that looks like a minor handling error on removal from tubes. Pure silver coins are soft and hard to keep 'BU' when not individually encapsulated from the Mint (China and Australia send theirs out like this and there's no excuse for a scratched Panda or Koala, for example). IME, US Silver Eagles have the most vertical space in their full tubes (compared to the 25-coin Maple tube, or the 20-coin Philharmonic tube), and since there are no protective spacers between each coin in the tube, simply shaking the tube up and down (especially with a bit of twist to cause rotation) will result in the coins rubbing against each other, causing minor scratches.

Even worse are Canadian Maples - I bought a sealed tube straight out of a Monster box, bunged it in my safe without opening it, and under a year later opened the tube to find the coins were covered in white 'milk' corrosion. Apparently this is 'normal' for Maples - but they are of a higher purity (.9999 silver) than most others. I've an Andean Cat (Royal Silver, .99999 purity, highest available IIRC) which has remained perfectly shiny.

So to conclude, even untouched, uncirculated silver coins, held in stock by a dealer in a safe with dehumidification packs alongside (like my small collection, though I'm no dealer), can end up deteriorating if left in their Mint tubes. If you order less than a full tube, the dealer MUST by definition remove the coins from the tube and re-package, and it's VERY easy to make tiny handling marks. This doesn't constitute 'circulation' and your coins will be re-sellable as 'uncirculated'. The coins can pick up 'dings' even *without* handling, if the tubes are rattled around in transit.

On top of this, we're talking *bullion* coins here - not proofs. Bullion coins get the same resale value even when circulated and knocked about. It's about the silver, not the scratches - as long as they weigh in OK then you'll be fine. It sounds like you'd prefer a Proof coin. Get a Panda - they come from the Mint in a slightly convex plastic capsule, have beautiful designs, and whilst not technically 'proof' coins, they're up to the standard of the bloody Royal Mint's so-called overpriced 'proofs' (I'm English and have received some shoddy examples - one being of a 2,500 limited mintage!)...


US Eagles aren't my favourite coin design - for some reason the Mexicans make my favourite coins of all time (the silver Liberdad is beautiful, and the gold 20 Peso's Aztec calendar is awesome) - and after reading this, I've opened all my Eagle tubes to check them... two out of four are showing white 'milk' on the reeded edges Sad

Anyone know how to remove the 'milk' without removing silver or making the coin unsellable? The dealers are well aware of the problem with Maples but I was surprised to see the milk on some of my Eagles. Since the Mexican mint send their Libertads out in crappy cardboard tubes, I bought a load of Air-Tites and encapsulated each and every one of them (I love Libertads) - they have remained unsullied.

However, if I'm considering selling some of the Eagles individually on eBay or here for Bitcoins, my customers are going to be pretty pissed off to receive coins with white 'milk' on them - regardless of normality.

Any experts here know the answer? Is the usual practice a simple dip in silver cleaning solution, followed by a thorough rinse and dry with microfibre cloth? I was told never to handle my coins without gloves, but untouched silver coins in sealed tubes *still* deteriorate...

No I agree that it's pretty easy for these to get dinged. I was trying to be very honest on the product and service for others so they will know what to expect. I'd like to have seen the coin near flawless but as you say if turned in for pure silver content it won't matter and keeping them for any numismatic value you would have to be waiting for 200 years for it to make any real difference. I actually rarely buy Eagles simply because the markup is so high for purely silver investing over silver blanks and such but they are a nice looking coin.

I added the images so folks could see these are real. Nice thing about the ding I guess is I know it's not clad Wink
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July 28, 2012, 07:44:40 PM
 #51

Platinum & Gold coins have been removed from the site.  Our inventory has been sold and low demand doesn't warrant having these in stock going forward.  Platinum & Gold coins can still be ordered via email & PM.
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