Quote:
Originally Posted by shilala
On the other hand, a proof is perfect.
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Proofs are also graded on the 0-70 scale just like uncirculated coins. And a perfect proof graded PF-70 is still quite rare.
Proofs will usually be better in terms of collectability, but unless that particular date ends up being a rarity, it's unlikely to ever recoup the markup for being a proof. Which is why those 1965+ yearly proof sets are not very desirable/valuable.
Even better yet for collecting and future value would be buying graded and slabbed coins. And graded proofs would be even better.
About buying current coins:
You are better off buying from ebay. There are some rare dates (like the 1986 & 1996), but in general, silver eagles are just bullion and their price/value will be based off the 1oz price of silver. So you know you got a good deal if you paid close to spot price and you're getting ripped off if you are paying much more than spot. There will always be a premium over spot, which is ~$14 right now, so that $18.95 price is pretty fair. The mint is not really in the business of making profit
I actually don't even know how dealers are able to order bulk from the mint and they must get them at spot prices, because otherwise, I'd be placing bulk orders myself.