Slabbed or Not Slabbed

cinque1543

On the APMEX website, I've noticed that the price of a 1oz AGE graded as MS70 by PCGS or NGC costs about $100 more (depending on year) than a raw BU 1oz AGE. So is there any value in paying the extra $100? When selling at some future point, is one likely to recoup the extra $100?

I guess you have a bit more safety with a slabbed coin because it was authenticated at time of grading. But other than that, is there any reason to buy slabbed bullion coins?

taxmad

No - you will be paid the same, especially in the current market.

derryb

As for as recouping premium paid for a slabbed coin, one can expect to recover said premium upon resell. Buyers pay the slab premium not only for the grade but also for the certification that the coin is authentic. Higher the grade, higher the premium. The PCGS site has an excellent price guide for graded coins.

coastaljerseyguy

I get that dealers probably only send coins they are sure to get a 70 in for slabbing, but 70's are no longer a unicorn. I'd say 99% of all ASE's get a 69 or 70. Now a PRDCAM 70 might be worth the extra money.

blitzdude

@taxmad said:
No - you will be paid the same, especially in the current market.

Agree, doesn't matter slabbed or raw in current market. All the extra gimmicks, MS70, first strike, FDOI etc. even more irrelevant.

That said as a buyer if offered raw or slabbed at the same price I would take the slabbed. There was a time they carried a premium and it is possible one day they will again. RGDS!

softparade

@blitzdude said:

@taxmad said:
No - you will be paid the same, especially in the current market.

Agree, doesn't matter slabbed or raw in current market. All the extra gimmicks, MS70, first strike, FDOI etc. even more irrelevant.

That said as a buyer if offered raw or slabbed at the same price I would take the slabbed. There was a time they carried a premium and it is possible one day they will again. RGDS!

Yup, just like 90% US Constitutional will carry a premium again you old grasshopper. Thankfully I have always been all about silver content and never the slab, numismatic crapola like dates and mint marks. GIMMICKS is right. lolz....

jmski52

In this market a slabbed bullion coin will get you nowhere in terms of premium.

derryb

@jmski52 said:
In this market a slabbed bullion coin will get you nowhere in terms of premium.

BS

and these are only MS69

scotty1419

Buying slabbed bullion coins with the premium is high risk IMO. You're paying extra for the plastic that usually doesn't translate well in resale.

There are a LOT of people out there that think they have something RARE in a special variant of a MS69 ASE because of whatever anniversary/release/signature is on it.

carew4me

I would pay non-slabbed price for an MS69 AGE just for the authentication cover when I sell.
I never understood the desire for slabbed silver though.

jmski52

Ebay results also have to consider the cost of certification, shipping & handling and ebay/paypal fees. I don't think any dealers would buy graded ASEs for much over spot, but each to his own.

jmlanzaf

@derryb said:

@jmski52 said:
In this market a slabbed bullion coin will get you nowhere in terms of premium.

BS

and these are only MS69

I don't one anyone paying a premium, including retail customers.

Proofmorgan

I'm even seeing some 70s go at the same price as raw. It becomes more of a space/storage issue for dealers. The space a slabbed gold eagle takes up, you could lay out half a roll or more of them and it would take up less space. It also may be a harder sell if a certain buyer doesn't like NGC over PCGS, etc.

The dealers I've spoken to lately find the slabbed coins are more hassle than they are worth and sit in inventory a long time because it is more of a niche product.

fathom

No you will not recoup that on current dates for the foreseeable future. Though they must be selling a few or they would not be at that price point.

I have purchased earlier dates and at 70 and done just ok on resale.
There is a 70 collector base for ASEs that is a fact.

carew4me

@fathom said:
No you will not recoup that on current dates for the foreseeable future. Though they must be selling a few or they would not be at that price point.

I have purchased earlier dates and at 70 and done just ok on resale.
There is a 70 collector base for ASEs that is a fact.

Yes, I have also seem people freak out when a ASE 70 gets a milk spot in the holder

softparade

@carew4me said:

@fathom said:
No you will not recoup that on current dates for the foreseeable future. Though they must be selling a few or they would not be at that price point.

I have purchased earlier dates and at 70 and done just ok on resale.
There is a 70 collector base for ASEs that is a fact.

Yes, I have also seem people freak out when a ASE 70 gets a milk spot in the holder

Which is why I have NO IDEA why anyone would grade bullion. God Bless America.
The ugliest ASE's vs their BU counterparts spread in raw is pretty damn close with LEGIT dealers.

Higashiyama

Personally, I wouldn’t buy slabbed bullion. But, I also like 90 %, so what do I know. 🤣

derryb

many pay the premium to ensure the modern gold is authentic and not counterfeit. small price to pay when buying a 1 oz gold eagle.

Higashiyama

@derryb - yes, I can see the point for gold. Not yet for silver, but who knows.

ProofCollection

There are advantages to slabbed bullion. Not everyone sells to dealers.
A. From time to time a bullion issue is rare or special and gains numismatic value. See Unc Platinum Eagles.
B. Slabbed bullion makes peer-to-peer sales more viable. While some people would never buy raw bullion, they will consider buying slabbed (certified) bullion and pay more than a dealer.
Edited to add:
C. An easier method of tracking and accounting.

softparade

@ProofCollection said:
There are advantages to slabbed bullion. Not everyone sells to dealers.
A. From time to time a bullion issue is rare or special and gains numismatic value. See Unc Platinum Eagles.
B. Slabbed bullion makes peer-to-peer sales more viable. While some people would never buy raw bullion, they will consider buying slabbed (certified) bullion and pay more than a dealer.

I find it interesting THESE DAYS that many dealers who take in slabbed SILVER bullion as they do raw, end up cracking much of it out of the slabs because the smelters they are offing it to require that. Plenty of videos showing plastic shards all over the floor like shattered glass. Usually, it's just the ASE's and a very minority amount of Libertads and Maples that avoid this fate.

I have some 1 oz in slabs. BUT, only because I was able to obtain them at the same point as raw.

TwoSides2aCoin

Who needs the wrapper around the loaf of bread ? But I’ll take the pretty wrapping all day long, too. Keeps the bread fresh.

derryb

@softparade said:

@ProofCollection said:
There are advantages to slabbed bullion. Not everyone sells to dealers.
A. From time to time a bullion issue is rare or special and gains numismatic value. See Unc Platinum Eagles.
B. Slabbed bullion makes peer-to-peer sales more viable. While some people would never buy raw bullion, they will consider buying slabbed (certified) bullion and pay more than a dealer.

I find it interesting THESE DAYS that many dealers who take in slabbed SILVER bullion as they do raw, end up cracking much of it out of the slabs because the smelters they are offing it to require that. Plenty of videos showing plastic shards all over the floor like shattered glass. Usually, it's just the ASE's and a very minority amount of Libertads and Maples that avoid this fate.

I have some 1 oz in slabs. BUT, only because I was able to obtain them at the same point as raw.

.999 bullion coins don"t go to the furnace to become .999 bullion

softparade

@derryb said:

@softparade said:

@ProofCollection said:
There are advantages to slabbed bullion. Not everyone sells to dealers.
A. From time to time a bullion issue is rare or special and gains numismatic value. See Unc Platinum Eagles.
B. Slabbed bullion makes peer-to-peer sales more viable. While some people would never buy raw bullion, they will consider buying slabbed (certified) bullion and pay more than a dealer.

I find it interesting THESE DAYS that many dealers who take in slabbed SILVER bullion as they do raw, end up cracking much of it out of the slabs because the smelters they are offing it to require that. Plenty of videos showing plastic shards all over the floor like shattered glass. Usually, it's just the ASE's and a very minority amount of Libertads and Maples that avoid this fate.

I have some 1 oz in slabs. BUT, only because I was able to obtain them at the same point as raw.

.999 bullion coins don"t go to the furnace to become .999 bullion

I didn’t say that they did.

jmski52

So, what is being melted? Is it just .999 bars and rounds? The demand is in 1,000 oz. good delivery bars, right? It seems to me that the only thing not being melted is everything less than .999 which would include Eagles, Maples, Britannias, etc.

Please clarify.

derryb

less than .999 is refined so that it be fabricated into .999 products. Only a limited number of refiners are authorized to supply good delivery bars to the exchanges' vaults. junk silver is going to the refiners

softparade

My point was, that of most of the slabbed product taken in by dealers is cracked out and shipped off. With ASE’s as the exception, mostly. Those will offer up in their shop inventory. Along with other sovereign coins such as Libertads and Maples. Depending on dealers choice. There are some recent videos I’ve watched showing the plastic carnage preparing for sending out to the smelter…. I’ll try and find that

Proofmorgan

@softparade said:
My point was, that of most of the slabbed product taken in by dealers is cracked out and shipped off. With ASE’s as the exception. Those most will offer up in their shop inventory. Along with other sovereign coins such as Libertads and Maples. Depending on dealers choice. There are some recent videos I’ve watched showing the plastic carnage preparing for sending out to the smelter…. I’ll try and find that

I've cracked out any ASEs that weren't 70s before selling. There was no premium for 69 and they were actually less liquid

cinque1543

@softparade said:
There are some recent videos I’ve watched showing the plastic carnage preparing for sending out to the smelter…. I’ll try and find that

Post one if you can. I'd like to see one, but my own searches have failed to find one (with the plastic carnage).

derryb

curious as to what the labels say on that plastic carnage. Likely spot prices finally outperformed premiums for graded 90%.

softparade

Here one. From 12/29. Go to 2:15 - 4:25

https://youtu.be/WHy3O1vdhRI?si=ti77RqohGnbq5JKK

cinque1543

@softparade said:
Here one. From 12/29. Go to 2:15 - 4:25

Thank you. I've seen individuals crack coins out of holders using pinch clamp pliers, but I wonder if the guys in the video had a more efficient way to crack out such a large volume of coins.

Interesting (to me) that they cracked out most silver (Maples, Philharmonics, Krugs), but not ASE's or Libertad's.

pmh1nic

To answer the OP question with respect to stacking, there is no reason to buy slabbed coins (IMHO).

New bullion coins are going to be in mint state condition unless you're buying impaired bullion coins. When you're selling them as bullion no one cares if the coin is MS70, 69 or 68 as long as they are not milk stained and/or marred. If you're stacking you should at a minimum a way to measure the coins (diameter, thickness and weight) and if you're going to be stacking thousands of dollars in gold and/or silver have some way to test the composition of the metal and/or buy from a highly reputable seller that does the checking before selling them.

The purpose of TPG is to verify numismatic value. When it comes to modern bullion coins I personal don't see the numismatic value of a bullion coin that is MS-70 versus MS-69. There are others that disagree but for me I wouldn't pay a penny more for a 2025 ASE whether it's considered and MS-70 or MS-66, which most bullion coins will be unless someone that purchased them seriously mishandled their stack.

derryb

@pmh1nic said:
To answer the OP question with respect to stacking, there is no reason to buy slabbed coins (IMHO).

New bullion coins are going to be in mint state condition unless you're buying impaired bullion coins. When you're selling them as bullion no one cares if the coin is MS70, 69 or 68 as long as they are not milk stained and/or marred. If you're stacking you should at a minimum a way to measure the coins (diameter, thickness and weight) and if you're going to be stacking thousands of dollars in gold and/or silver have some way to test the composition of the metal and/or buy from a highly reputable seller that does the checking before selling them.

The purpose of TPG is to verify numismatic value. When it comes to modern bullion coins I personal don't see the numismatic value of a bullion coin that is MS-70 versus MS-69. There are others that disagree but for me I wouldn't pay a penny more for a 2025 ASE whether it's considered and MS-70 or MS-66, which most bullion coins will be unless someone that purchased them seriously mishandled their stack.

TPGs provide more than grade, they guarantee metal content. For this reason many buyers will pay a slight premium for MS69 bullion. The authenticity is there as long as the coin remains in the slab. Collectors pay a much higher premium for MS70. These are the reasons slabbed bullion is a big market.

softparade

@derryb said:

@pmh1nic said:
To answer the OP question with respect to stacking, there is no reason to buy slabbed coins (IMHO).

New bullion coins are going to be in mint state condition unless you're buying impaired bullion coins. When you're selling them as bullion no one cares if the coin is MS70, 69 or 68 as long as they are not milk stained and/or marred. If you're stacking you should at a minimum a way to measure the coins (diameter, thickness and weight) and if you're going to be stacking thousands of dollars in gold and/or silver have some way to test the composition of the metal and/or buy from a highly reputable seller that does the checking before selling them.

The purpose of TPG is to verify numismatic value. When it comes to modern bullion coins I personal don't see the numismatic value of a bullion coin that is MS-70 versus MS-69. There are others that disagree but for me I wouldn't pay a penny more for a 2025 ASE whether it's considered and MS-70 or MS-66, which most bullion coins will be unless someone that purchased them seriously mishandled their stack.

TPGs provide more than grade, they guarantee metal content. For this reason many buyers will pay a slight premium for MS69 bullion. The authenticity is there as long as the coin remains in the slab. Collectors pay a much higher premium for MS70. These are the reasons slabbed bullion is a big market.

Bullion doesn't belong in a slab. Unless for numismatic reasons, I guess? That's a gigantic YAWN for me when it comes to bullion but I get it I suppose.
Either way, testing is far too easy to access on your own that easily avoids the unnecessary expense of having a slabber verify metal content.

derryb

If there is little to no premium upon buying an MS 69 bullion coin, the slabbed authentification of metal content makes it more attractive to a later potential buyer if it is resold at little to no premium. Some buyers prefer the piece of mind. I have a few customers who will only buy MS69 bullion. Most MS 69 bullion is the result of bulk dealer submissions in hopes of MS70s to sell to the collectors at a very nice profit.

jmski52

I was cracking out my PR-69 and MS-69 Platinum Eagles for easier storage, but I stopped doing that a couple years ago. Either way, I don't think that there will be much of a price difference when the time comes to sell them.

pmh1nic

@derryb said:

@pmh1nic said:
To answer the OP question with respect to stacking, there is no reason to buy slabbed coins (IMHO).

New bullion coins are going to be in mint state condition unless you're buying impaired bullion coins. When you're selling them as bullion no one cares if the coin is MS70, 69 or 68 as long as they are not milk stained and/or marred. If you're stacking you should at a minimum a way to measure the coins (diameter, thickness and weight) and if you're going to be stacking thousands of dollars in gold and/or silver have some way to test the composition of the metal and/or buy from a highly reputable seller that does the checking before selling them.

The purpose of TPG is to verify numismatic value. When it comes to modern bullion coins I personal don't see the numismatic value of a bullion coin that is MS-70 versus MS-69. There are others that disagree but for me I wouldn't pay a penny more for a 2025 ASE whether it's considered and MS-70 or MS-66, which most bullion coins will be unless someone that purchased them seriously mishandled their stack.

TPGs provide more than grade, they guarantee metal content. For this reason many buyers will pay a slight premium for MS69 bullion. The authenticity is there as long as the coin remains in the slab. Collectors pay a much higher premium for MS70. These are the reasons slabbed bullion is a big market.

@derryb said:

@pmh1nic said:
To answer the OP question with respect to stacking, there is no reason to buy slabbed coins (IMHO).

New bullion coins are going to be in mint state condition unless you're buying impaired bullion coins. When you're selling them as bullion no one cares if the coin is MS70, 69 or 68 as long as they are not milk stained and/or marred. If you're stacking you should at a minimum a way to measure the coins (diameter, thickness and weight) and if you're going to be stacking thousands of dollars in gold and/or silver have some way to test the composition of the metal and/or buy from a highly reputable seller that does the checking before selling them.

The purpose of TPG is to verify numismatic value. When it comes to modern bullion coins I personal don't see the numismatic value of a bullion coin that is MS-70 versus MS-69. There are others that disagree but for me I wouldn't pay a penny more for a 2025 ASE whether it's considered and MS-70 or MS-66, which most bullion coins will be unless someone that purchased them seriously mishandled their stack.

TPGs provide more than grade, they guarantee metal content. For this reason many buyers will pay a slight premium for MS69 bullion. The authenticity is there as long as the coin remains in the slab. Collectors pay a much higher premium for MS70. These are the reasons slabbed bullion is a big market.

Buy from reputable dealers and know how to test. The extra you’ll pay to stack bullion in slabs can easily be put into the means to test (scale, caliper, loupe, Sigma, etc.). Few stackers are going to pay extra for a slabbed bullion coin.

derryb

@pmh1nic said:
Few stackers are going to pay extra for a slabbed bullion coin.

NEW stackers will for the reasons I previosly pointed out

UpGrayedd

@derryb said:
If there is little to no premium upon buying an MS 69 bullion coin, the slabbed authentification of metal content makes it more attractive to a later potential buyer if it is resold at little to no premium. Some buyers prefer the piece of mind. I have a few customers who will only buy MS69 bullion. Most MS 69 bullion is the result of bulk dealer submissions in hopes of MS70s to sell to the collectors at a very nice profit.

Authentification?!? Are you a Russian bot?

derryb

@UpGrayedd said:

@derryb said:
If there is little to no premium upon buying an MS 69 bullion coin, the slabbed authentification of metal content makes it more attractive to a later potential buyer if it is resold at little to no premium. Some buyers prefer the piece of mind. I have a few customers who will only buy MS69 bullion. Most MS 69 bullion is the result of bulk dealer submissions in hopes of MS70s to sell to the collectors at a very nice profit.

Authentification?!? Are you a Russian bot?

Obviously you are not aware of what TPGs do. They authenticate and grade coins. Actually I am a silver bot.

UpGrayedd

@derryb said:

@UpGrayedd said:

@derryb said:
If there is little to no premium upon buying an MS 69 bullion coin, the slabbed authentification of metal content makes it more attractive to a later potential buyer if it is resold at little to no premium. Some buyers prefer the piece of mind. I have a few customers who will only buy MS69 bullion. Most MS 69 bullion is the result of bulk dealer submissions in hopes of MS70s to sell to the collectors at a very nice profit.

Authentification?!? Are you a Russian bot?

Obviously you are not aware of what TPGs do. They authenticate and grade coins. Actually I am a silver bot.

I know exactly what TPGs do. The word you were looking for is authentication, but you used authentification for some weird reason. According to Google's AI overview: '"Authentication' is the standard, preferred English term for verifying identity, while 'authentification' is a rare, non-standard variant often used by non-native speakers or influenced by other European languages. Both refer to the same process, but 'authentication' is the correct, idiomatic choice in technical and general English."

pmh1nic

@derryb said:

@pmh1nic said:
Few stackers are going to pay extra for a slabbed bullion coin.

NEW stackers will for the reasons I previosly pointed out

I've been involved in numismatics and stacking for over 25 years. Any new stacker that spends a minimum amount of time getting educated on stacking will NOT pay a premium for slabbed bullion coins. A very simple Google search on the subject will recommend not buying slabbed bullion coins...

"Most silver stackers should avoid buying slabbed (graded) bullion coins, as the high premiums for third-party grading (like NGC or PCGS) negate the goal of acquiring the maximum silver weight for the lowest cost."

Again, buy from a reputable dealer and have some idea of how to test bullion coins. The grades 70, 69, 68 on a slab mean nothing to a stacker with minimal knowledge of efficient stacking. The only silver stacker that buys graded coins is an uneducated stacker.

softparade

@pmh1nic said:

@derryb said:

@pmh1nic said:
Few stackers are going to pay extra for a slabbed bullion coin.

NEW stackers will for the reasons I previosly pointed out

I've been involved in numismatics and stacking for over 25 years. Any new stacker that spends a minimum amount of time getting educated on stacking will NOT pay a premium for slabbed bullion coins. A very simple Google search on the subject will recommend not buying slabbed bullion coins...

"Most silver stackers should avoid buying slabbed (graded) bullion coins, as the high premiums for third-party grading (like NGC or PCGS) negate the goal of acquiring the maximum silver weight for the lowest cost."

Again, buy from a reputable dealer and have some idea of how to test bullion coins. The grades 70, 69, 68 on a slab mean nothing to a stacker with minimal knowledge of efficient stacking. The only silver stacker that buys graded coins is an uneducated stacker.

I've purchased them but only because the price was equal to non slabbed market ... as far as sending bullion in to be graded myself? Nah that will never happen.

dcarr

@pmh1nic said:

@derryb said:

@pmh1nic said:
Few stackers are going to pay extra for a slabbed bullion coin.

NEW stackers will for the reasons I previosly pointed out

I've been involved in numismatics and stacking for over 25 years. Any new stacker that spends a minimum amount of time getting educated on stacking will NOT pay a premium for slabbed bullion coins. A very simple Google search on the subject will recommend not buying slabbed bullion coins...

"Most silver stackers should avoid buying slabbed (graded) bullion coins, as the high premiums for third-party grading (like NGC or PCGS) negate the goal of acquiring the maximum silver weight for the lowest cost."

Again, buy from a reputable dealer and have some idea of how to test bullion coins. The grades 70, 69, 68 on a slab mean nothing to a stacker with minimal knowledge of efficient stacking. The only silver stacker that buys graded coins is an uneducated stacker.

.

If that was entirely true, there wouldn't be a premium for any common Silver Eagles compared to other forms of 999 silver.
But people do pay a little higher prices for silver in certain forms, and "slabbed" bullion is one of those forms.

.

pmh1nic

@dcarr said:

@pmh1nic said:

@derryb said:

@pmh1nic said:
Few stackers are going to pay extra for a slabbed bullion coin.

NEW stackers will for the reasons I previosly pointed out

I've been involved in numismatics and stacking for over 25 years. Any new stacker that spends a minimum amount of time getting educated on stacking will NOT pay a premium for slabbed bullion coins. A very simple Google search on the subject will recommend not buying slabbed bullion coins...

"Most silver stackers should avoid buying slabbed (graded) bullion coins, as the high premiums for third-party grading (like NGC or PCGS) negate the goal of acquiring the maximum silver weight for the lowest cost."

Again, buy from a reputable dealer and have some idea of how to test bullion coins. The grades 70, 69, 68 on a slab mean nothing to a stacker with minimal knowledge of efficient stacking. The only silver stacker that buys graded coins is an uneducated stacker.

.

If that was entirely true, there wouldn't be a premium for any common Silver Eagles compared to other forms of 999 silver.
But people do pay a little higher prices for silver in certain forms, and "slabbed" bullion is one of those forms.

.

Please provide one date and grade where a slabbed bullion coin is sold at a consistent premium.

Whit

With a bit of searching, slabbed ASEs can be had for no more than raw. I was happy to get an ANACS 70 and PCGS 69 ASE for 80 each at the April 3rd Manchester show even as other dealers were offering raw ASEs for between 80 and 120.

Why buy slabbed? For me, it's not because they are numismatic items. They are not. It's not for chasing a grade. I don't care about the grade. I take a long view, so for me, it's because slabs minimize, but don't quash altogether, the question of authenticity on the part of a buyer. And those questions will arise. As the price of silver rises, very deceptive counterfeits will emerge just as they have for numismatic items.
Whit

dcarr

@pmh1nic said:

@dcarr said:

@pmh1nic said:

@derryb said:

@pmh1nic said:
Few stackers are going to pay extra for a slabbed bullion coin.

NEW stackers will for the reasons I previosly pointed out

I've been involved in numismatics and stacking for over 25 years. Any new stacker that spends a minimum amount of time getting educated on stacking will NOT pay a premium for slabbed bullion coins. A very simple Google search on the subject will recommend not buying slabbed bullion coins...

"Most silver stackers should avoid buying slabbed (graded) bullion coins, as the high premiums for third-party grading (like NGC or PCGS) negate the goal of acquiring the maximum silver weight for the lowest cost."

Again, buy from a reputable dealer and have some idea of how to test bullion coins. The grades 70, 69, 68 on a slab mean nothing to a stacker with minimal knowledge of efficient stacking. The only silver stacker that buys graded coins is an uneducated stacker.

.

If that was entirely true, there wouldn't be a premium for any common Silver Eagles compared to other forms of 999 silver.
But people do pay a little higher prices for silver in certain forms, and "slabbed" bullion is one of those forms.

.

Please provide one date and grade where a slabbed bullion coin is sold at a consistent premium.

.

I just looked on eBay to see what ordinary 2026 Silver Eagles are selling for.

Single coins, un-certified, are currently selling for about $75 to $85 (when shipping is figured in):
https://ebay.com/sch/i.html?_nkw=2026+silver+eagle+-MS69+-MS70&_sacat=11116&_from=R40&_trksid=p2334524.m570.l1313&_odkw=2026+silver+eagle&_osacat=11116&LH_Sold=1

The same search with "MS69" added shows that 2026 Silver Eagles that are certified MS69 are selling for about $85 to $115 (most are $90 to $95).
https://ebay.com/sch/i.html?_nkw=2026+silver+eagle+MS69&_sacat=11116&_from=R40&_trksid=p2334524.m570.l1313&LH_TitleDesc=0&_odkw=2026+silver+eagle+-MS69+-MS70&_osacat=11116&LH_Sold=1

At MS70, most are selling for about $100 to $130 (most are around $115 to $120):
https://ebay.com/sch/i.html?_nkw=2026+silver+eagle+MS70&_sacat=11116&_from=R40&_trksid=p2334524.m570.l1313&_odkw=2026+silver+eagle+MS69&_osacat=11116&LH_Sold=1

.

asheland

I will admit, at least with Libertads, those I would like to be certified…

And on certain dates, the grade is very important on value…

Look at any 1991 type two and you’ll see…

softparade

Bullion belongs in a tube! Or letting it all hang out on display tray.

derryb

@softparade said:
Bullion belongs in a tube! Or letting it all hang out on display tray.

unless certified by a TPG.