Tarnish on brand new Silver Eagles? What's up Bullion Exchanges!!!!!!

[@ReeferGil]

Sweet pick-ups! Bullion Exchanges delivers to your place in one week!!!! I'm in Montana, and it takes 16 days, on average, to arrive after I order. I'm going to try Vermillion for the first time in the coming week. I'm starting my second monster box. Thanks for the videos.

[@losinglouie]

Enjoy Vermillion, it's a great outfit. I think I have done about 5 tubes of eagles so far.

[@christofour217]

I said I wasn't gonna replace some Eagles I recently sold in the $30s but I got drunk 2 weeks ago and ordered 340 from Brian down in Spring Hill. I thought $28 was a good price. I really shouldn't be drinking because I always make larger purchases when I do. But I had to check a few tubes to see if mine were damaged and the ones I looked at were not although I have to be honest when I say I am not happy with the strike of these coins compared to earlier years. I honestly think the quality of the newer ones has gone down. So, these will be the first ones I sell when the time comes to make a sale. Take care.

[@losinglouie]

Brian is awesome. But this time I was able to beat his price. I see he has raised the premium back to 4.50 now. Still a good deal tho.

[@Threedog1963]

Preaching to the quire, buddy. Give me a few gin and tonics and my computer and watch me rationalize my purchases.

[@b.j.stambaugh9213]

you had me concerned...I too just bought a tube from Bullion Exchanges which I just received yesterday and didn't open them...just put them in the monster box with the rest...just checked them and no issues...thanks for the heads up though...sorry about your 2023 ASE's

[@OnTheHighWatch]

I'm with you on your prediction. I think spot is heading to about 10 or 12 and premiums to about $2.00.

[@floridastacker]

That tax is criminal on domestically sourced and dollar backed bullion out west. Always a great day to add 100 Silver Eagles! Enjoyed the video, sucks about the tarnish.

[@winnhill3736]

I agree and they recently removed the P.M.'s tax in Arkansas.That's 11% savings plus I started using ACH 4 payment to get another 4% discount.Just wish I and the government had done it sooner.Would have just bought more AG.

[@dtowncl0wn642]

ZERO tax on bullion in Texas, even steven exchange

[@afridgetoofar1818]

Zero tax on gold coins in Ohio

[@GI_Stacker]

I have some on the way from the same vendor, wish us luck....

[@ronaldhall2489]

God watch over yall this weekend from a veteran storm survivor on the gulf coast for 63 years

[@losinglouie]

Thank you brother..

[@kevinbounds9837]

I have some coming from the same place. I will let you know.

[@swilliams937]

I recently bought some Golden State Mint one ounce rounds directly from them, a number of which had blemishes as well. 🤷🏻‍♂️

[@duckhunter8387]

GSM has been my go to for bullion because of their sale prices. Not so much lately because I don't like wait 3+ weeks.

[@swilliams937]

Agreed!

[@FreeAmerican-mm2my]

GSM has some really good prices when they run deals.

[@jayman1601]

I hate those ASE tubes. Every other mint has a tab on the corner so you can open them.

[@meteoman7958]

And they also shrink as they get older, holding only 19 coins with the cap fully on and it becomes even more difficult to get the coins out.

[@Seven-Seven-77]

Nice 100 ounces of the good stuff👍

[@getx1265]

I guess I'm not the only one, but I noticed earlier that one of my new mint tubes has more burrs (plastic) than any others I have, and the ASEs don't slide in and out easily... just like how yours did.

[@losinglouie]

I suspect it’s some kind of an aftermarket tube.

[@usptact]

The reason they say your silver tubes (or monster box) loses value when you open it, it is because of the flaws that will be discovered. :) Twist the cap by 1/8 any direction and then lift the cap by one of the exposed corners.

[@m4dh4dd3r]

You’re not the only one finding issues recently coming out of the mint.

[@ronbell3986]

Hi Louie. I remember recently that you talked about the potential danger for KZbin silver stacking channel hosts who show their face or say their name. Silver Slayer, who shows his face, had his home broken into. They have already made at least 2 other attempts, but he was home. Fortunately, he had removed all his precious metals from his safe. They knew him! They took the whole safe! He's definitely recognizable in the neighborhood as owning a substantial amount of precious metals. You are absolutely correct. Even if you don't state your name, your are very recognized and word gets around. Wherever he is, people will know about him.

[@losinglouie]

Wow, that’s awful, and very scary. Especially for family and kids. Stay safe out there my friend.

[@ronbell3986]

@losinglouie Silver Slayer says he is moving. Thank you Louie for your insights about stacking. I just applied for an ebay credit card to use. Did you say you get an additional 3 % off for using that?

[@ronaldhall2489]

The whole eagle thing is different all the way around we are going into it hoping it will be the same as the last time and that was a first. Hope I said what I meant to say. Just thinking

[@ronbell3986]

I just bought 10. I better check them.

[@TobaccoRowe1960]

That decolorization is from the process they use to put the "Milk" on the coin, Yep they messed that one up.

[@don951]

I would open them all, put the toned in the same tube, and see if you can exchange that tube. At the very least store them in their own tube. I recently had to send a new Peace uncirculated back for refund due to a scratch on the reverse. Bummer, I had only bought one of each. It is a pain, but worth the hassle if the toning is going to bother you down the road. Cheers!

[@losinglouie]

Makes sense. And it does bother me since I want everything to be "retail friendly", you know. I guess I should open up the proof morgan/peace. I have no problem returning those either.

[@GR19611]

​@losinglouie Love a video on that please?

[@don951]

@@losinglouie My proofs looked great! I only bought one of each again, but they were nice. Hope the same for you.

[@jdo2574]

Thinking a unopened tubes of eagles being more desired are only a retail stackers fantasy. If you go to sell, who is not verify whats in each tube before paying? No coin store or stacker in his right mind. A sticker is no guarantee that someone did not tamper with whats inside.

[@stackingdinkus]

Like button tickled. I've always been the precious metals guy in my family, so always get everyones inherited jewelry, watches etc to appraise and repair (hobby jeweler). Or keep... which is nice. I've got boxes of gold rings, and broken silver chains and all kinds of things lol. I love that watch, beautiful engraving! I'm still working on a junk silver goal, since the prices have dropped and picked up some of the new Zombucks World Kooks. The "Kook" coin is awesome... way cooler than the Panda. I really don't like that Panda coin, but I got some anyway

[@losinglouie]

Cool you are into jewelry. I think some of these really nice things should be enjoyed, not melted. But I have so much weird stuff too, I will be selling this. Congrats on the Zombucks. I'm into it big time. Trying to do 10 sets. The only problem buying 10 is that damn sales tax. Got about 70 of the panda. First coin, you know?

[@stackingdinkus]

I love the zombucks as well. Totally missed the boat on the first series, so I'm buying into this one. I totally feel you about the first coin in the series. Should go like hot cakes! I just wish they started with the kook because I'm a huge kook fan. I'm really excited to see what they'll do with these!

[@jackmorton8776]

I recently ordered some 2023 ASE’s from a popular online bullion dealer, and they all had damaged edges. Quality control at the Mont must not be great.

[@losinglouie]

Someone on you tube reported the same thing. I still haven't opened the other tubes. I guess I should.

[@TobaccoRowe1960]

So you just told me that one day these are $40 and the next day they are $27 and I know that basically Spot Price has not changed. That sounds like a Scam to me. The ASE I got last, the one with the Milk Spot that says "I NO" in Milk, $23.50. I am so not impressed with ASE. I'm going back to buying Morgan Silver Dollars. I will note: The MS70 PCGS 1st day issue Milk Spot ASE that I got for my granddaughter is absolutely BEAUTIFUL. $42, I'll be reviewing both of them today.

[@Silvercrypto-xk4zy]

California minimum is 1500, unless online is different. I live here too

[@losinglouie]

It was recently changed in the law to $2000. Check it out.

[@ozziman1821]

New to stacking here sorry if this is a dumb question but why shouldn’t you touch your silver with bare hands ?

[@losinglouie]

Well, the acid from your hands will eventually cause tarnish on the coins. When you go to sell, the coin shop will look at your coins and pay you less if they look crummy. So, just buy a pair of cotton gloves if you want to handle them.

[@Threedog1963]

What causes milk spotting, tarnishing, and toning? Oxygen, humidity, heat, or a combination?

[@losinglouie]

tarnish is caused by exposure to air and/or humidity. It can be easily prevented, and removed. Mild spots are insidious little imperfections created in a faulty manufacturing process where solvents are improperly removed. There is no cure for that, and they can appear even in sealed environments, even in coin slabs, and even after months. Worst offenders are the royal mint, Perth kangaroos, britannias, and older maples.

[@Threedog1963]

@@losinglouie my LCS warned against removing toning. Said if it’s detected it will lower the premium more than the toning. He also mentioned some people really like toning. I don’t. I want my coins as close to mint state as possible.

[@mikhailkalashnikov4599]

If you resell those tubes that you don't want to open, won't your buyer want to open them to verify contents? What if the tarnish is on those coins as well and he backs out?

[@losinglouie]

It’s a great question. I’m not sure what the etiquette is on sealed ASE’s

[@mikhailkalashnikov4599]

@@losinglouie The etiquette is the same as any other business transaction- seller presents the goods for inspection, the buyer verifies and ponies up the cash and counts it out. Have you ever been involved in buying/selling metals in a private transaction or just online?

[@GR19611]

Louie ,it is soo strange that the tarnish/marks are very similar on all three eagles?

[@losinglouie]

I guess that would imply the defect comes from the mint.

[@GR19611]

​@@losinglouieYes , probably hundreds out there before they noticed the problem.

[@tgurlamber5874]

I buy my ASE on the secondary. I let desperate sellers make me great deals. But 100 ASE are looking very sexy.

[@losinglouie]

I think I paid for new and got secondary.... : (=

[@tgurlamber5874]

@@losinglouie the US mint prices are a rip off. Plus, I don't want to give back my hard earned fiat to those crooks. I have a few coin guys and gals I trust who take care of me. Thank you for sharing your silver.

[@encepurdy68]

Sold out of my silver positions at 25.25.

[@silverbeancounter]

Bummer about those eagles Louie

[@TobaccoRowe1960]

I to carry a China made pocket watch, can't beat the prices.

[@winnhill3736]

Especially if you can find 1 on the street 4 sale.😅

[@cem2337]

They made up a excuse why they wouldn't take it back. I had to sell it for a loss. Bullion Exchanges is horrible 👎

[@FreeAmerican-mm2my]

Clearly they used old silver. I have a tester to make sure that I only receive new silver.

[@fastimpala2015]

I have had a pretty good run at bullion exchange until I started buying the Australian Roo’s with the queen on it for 2023! Some of them had scuff marks on it, and within one months time they have all clouded over with milk spotting! I am so disgusted because I spend half my paycheck every week to buy gold and silver. And to have your investment milk spots so fast devaluing your investments is utterly disgusting. They said that they will take them back, but it will cost me to ship them back to them and have them appraised them. I will lose money on the purchase on the devaluation and on the return! I have since switched to Monument Metals and First Majestic. Monument Metals has been good to me. If I have a problem, they take care of it right away and they call to see if you are satisfied. First Majestic is mine direct to the public. They are the only ones doing the cutting out the middleman, and their prices are fair.🤢🤮😤😡🇺🇸🤔🤔🤔🤔

[@losinglouie]

I think the kangaroos are a value trap. They seem like a good deal, then you notice the quality. Britannias are in the same camp due to the spotting. Too bad you don't pour silver. I would melt them and make pretty bars or such. B.E. is gonna pay you under spot. Might as well take them to an LCS nearby. I like monument too. And at least with F.M you get something with some collector value. Have a great weekend.

[@mm-oe7tk]

Nothing is wrong with eagles unless they look like the ones you got. Bummer!

[@ulexite-tv]

Less politics, more pure economic theory, please. The tarnish is weird, always under that one wing. What's up with that? The watch is beautiful. I would get it repaired and use it!