why grade a Silver Eagle ?
Skipper53
Posts: 723
I just bought a roll of 2004 Silver Eagles.
I give them as presents to the nieces and nephews.
Several were absolutely pristine and my first thought was,
if this graded as ms-70 it might be worth more than the
$8.40 I paid for it !
Looking at the price sheets I've got indicates Silver Eagles,
both Uncirulated and Proof haven't appreciated much .
Would sending in a top ASE be a waste of time and money ?
I give them as presents to the nieces and nephews.
Several were absolutely pristine and my first thought was,
if this graded as ms-70 it might be worth more than the
$8.40 I paid for it !
Looking at the price sheets I've got indicates Silver Eagles,
both Uncirulated and Proof haven't appreciated much .
Would sending in a top ASE be a waste of time and money ?
0
Comments
Stuart
Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal
"Luck is what happens when Preparation meets Opportunity"
You need a coin to make the 5 coin min.
Silver American Eagles ROCK
<< <i>why grade a Silver Eagle ? >>
I agree.
Silver American Eagles ROCK
I second THAT.
because they are bullion. metal....you like the design, slab some walkers. That's where they stole the design....and the reverse of the walker is actually attractive, unlike it's bulky cousin.
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Silver American Eagles ROCK
I, personally love both, but since Walkers weren't slabbed when
new and Eagles can be, wouldn't the possibilty that Eagles may
become as collectible as Walkers make grading them advantagious ?
How many ms70 Walkers are available ?
<< <i><<why grade a Silver Eagle ?>>
I second THAT.
because they are bullion. metal....you like the design, slab some walkers. That's where they stole the design....and the reverse of the walker is actually attractive, unlike it's bulky cousin. >>
I see this mentioned a lot..and I know it is where the SAE obv design is from, however, I like the SAEs and I don't particularly like the walkers. Go figure that
A really nice, mint state 64 or above walker toned nicely, or blistering, lustery, white is very nice. I do like them. They are $$$$ though.
A circulated walker......? U G L Y !!!!!!!!!!!!!!!
A lower grade walker? Yuck.
Since people, as a rule, don't normally spend a SAE, they are almost universally unc, and lustery and nice.
They cost less than a walker because they are newer and are bullion and not readily seen as numismatically old and wanted.
Skipper...I would say if you think, and really do think, you have a MS70, then slab it. If it isn't, then you are wasting your money unless you want/need one in a slab for preservation or a registry set. MS69s will be readily available I think and anything less should be cake and not cost what a slabbing fee would be.
I have 2 rolls and I will look at them (got them today), but I don't plan to slab any. I will put 20 away (1 roll) in my safe deposit box like my 2002 and 2003 rolls and I will use the other roll to put 1 each into each of my 2 albums (myself and the kid's), 1 to my mom who likes them, 1 to a friend having a baby this year, 1 to flip around in a holder in the casinos when I go gambling, and possibly some to sell on ebay to get a little of my money back.
(what would a good/honest amount for s/h be for this individually anyway? I have only sold 2 things on ebay and they got there ok and I didn't make any money on the s/h (wasn't trying) but I don't want to lose money and I want things to get there safely???)
Ron
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
1) To assure the owner of the grade
2) To protect said coin in said grade
3) To enhance the coins marketability
There are at least 10 times this many reasons why someone would not want to slab a coin, all the way from "I don't want to." to "I can't afford to do it".
IMO, it would simply be a matter of value for you. If you want to sell them, them slab them. If you want to keep them, you could go either way, for various reasons. You seem to be of the opinion that re-sale is in the future if they return PR70, so if you are 95% sure of their condition, then go for it.
Just remember this though. I have a 95% complete ASE collection from the mint, still in the boxes. I would swear they are all candidates for PR70 grade. But I know that even the smallest hairline will keep it from getting a 70 and I may have missed some extremely minor imperfection that a grader will notice, dropping it to a 69. While 69's are a good grade, I do not think it worth the time or money to find out, and be dissapointed with the results. There are just too many out there now slabbed @ 69. And most of their submitters were of the opinion they were 70!
I can think of a dozen reasons not to have high capacity magazines, but it's the reasons I haven't thought about that I need them.