A Proof American Silver Eagle without Box or CoA?

[nunoelias]

Hello fellow stackers! I start off by wishing you all a great 2024.

I have one of those "good" problems to solve, which I would ask your opinion. 

Just this week I ordered 5 Bullion American Silver Eagles, since I am gradually completing a tube.
To my surprise, the dealer sent 4 bullion, plus one 1986 Proof Silver Eagle ("S" Mintage). However, this Proof coin came without the box or certificate. Probably that was why they sold it to me as a normal Bullion.

I would love to maximize the "collectible" value of this coin. What should I do?  




 

[Silverlocks]

It really depends on whether those marks on the fields are scratches from an attempt to clean it, or scratches on the capsule (I can't really tell from the photos).  If it's in good nick it might be worth getting graded, otherwise there's probably nothing much you can do.  Proof ASE's aren't worth all that much on the secondary market - I bought a 2006 proof ASE in pretty good nick (and the packaging was still pretty decent) for £40.  A damaged one without a COA isn't worth much more than bullion.

On the plus side, 1986 is a key date, being the first year ASE's were minted, so if it's in an even remotely gradeable state (say: PF67 or better) then you might get the cost of grading back in the sale price.  If it's been cleaned (i.e. the surface is damaged) then it will come back with a details grade, and probably won't be worth much more than bullion, plus you're out the cost of grading.

 

Edited February 8 by Silverlocks

[SilverJacks]

Just count yourself lucky and keep it is bullion? Or sell it for a slightly higher price... Since it's scuffed and scratched, it's not worth a great deal more imo

[Sovhead]

Even with case COA it’s worth about £45 not worth pursuing its bullion with the marks now anyway 👍🏻

[nunoelias]

Thank you all for the great comments! 

Then I might get the separate US  Mint case just to keep it in separate, as a "special" piece for myself.

https://www.silberling.de/Zubehoer/American-Eagle-Etui-Silber-1-oz.html

Back in my home country (Portugal), unfortunately there are not many Silver Eagles availble for purchase. One mostly has to buy from Spain, with some hefty premiums and transport costs. Who knows!

Thank you!

[Stacktastic]

1 hour ago, nunoelias said:

Thank you all for the great comments! 

Then I might get the separate US  Mint case just to keep it in separate, as a "special" piece for myself.

https://www.silberling.de/Zubehoer/American-Eagle-Etui-Silber-1-oz.html

Back in my home country (Portugal), unfortunately there are not many Silver Eagles availble for purchase. One mostly has to buy from Spain, with some hefty premiums and transport costs. Who knows!

Thank you!

I have an aztec 5 ounce that I bought marked (off a member on here) I use as a coin I handle & let bronze. 
Lovely having the Aztec calendar on the back. 

[nunoelias]

Hello everyone!

Just thought about giving an update on this topic. I went ahead with buying that US Mint box specifically for this damaged 1986 Proof ASE coin.

Could not be happier with the result.  

 

This box cost me 8€, but it was damn worth it in my opinion  

Many thanks and have a great weekend!

Edited February 15 by nunoelias