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2004 Silver Eagle MS70- Pop?? At least one!

bumanchubumanchu Posts: 1,383 ✭✭✭
Just got grades online for a recent modern submission.

I got a very pleasant suprise to say the least. I sent in a single 2004 Silver Eagle (in a group of 11 mint state and proof Silver Eagles) which looked perfect to me, but I knew it would be a 69 at best in PCGS's eyes.

Wrong!!!! Certification# 21517396 says MS70!! I guess my valuation on the submission form of $35.00 might be a tad on the low side!image
And I ain't lying this time.

Comments

  • LucyBopLucyBop Posts: 14,001 ✭✭✭
    congrats!
    imageBe Bop A Lula!!
    "Senorita HepKitty"
    "I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter
  • bumanchubumanchu Posts: 1,383 ✭✭✭
    Thank you!!image
    And I ain't lying this time.


  • I'm an ASE collector and I'm green with envy!
    Way to go!!!!!
    Analog Rules! Knobs and Switches are cool!
    imageimage
  • jasbucksjasbucks Posts: 127 ✭✭
    Fantastic! Congratulations
    Jack
  • Its seems as if PCGS is grading more coins as 70s.Congrats on the nice score!
  • RussRuss Posts: 48,514 ✭✭✭
    bumanchu,

    You just hit the jackpot with this one. It appears to be the very first as the pop report currently shows zero in MS70.



    << <i>Its seems as if PCGS is grading more coins as 70s. >>



    Not in circulation strike Silver Eagles. The highest pop for any year is only four, and most years have zero.

    Russ, NCNE

  • Congrstulations,

    I have gone through thousands without ever seeing an MS70 SAE. image


    Larry
    Dabigkahuna
  • bumanchubumanchu Posts: 1,383 ✭✭✭
    I have looked at quite a few also and have scored a MS70 recently across the street. Incidentally it came from the same group of rolls, but was not PCGS MS70 material. I didn't want to send this one across the street because it was a lot better looking, the "70" caught me off guard, but all I can say is wow!!image
    And I ain't lying this time.
  • RussRuss Posts: 48,514 ✭✭✭
    If you put that coin up in a well done auction, you'd reap a pretty sizable chunk of change.

    Russ, NCNE
  • LAWMANLAWMAN Posts: 1,274 ✭✭
    Gee, Coin Vault has to send in thousands to get a few hundred MS70's across the street. But, they pay the other guys to just take a peek at them methinks, not for the whole nine yards. Anybody else know for sure?
    DSW
  • bumanchubumanchu Posts: 1,383 ✭✭✭
    What type of auction would be considered a well done auction? Or put another way, in what venue would a coin like that be appropriately or properly placed? Suggestions appreciated!
    And I ain't lying this time.
  • RussRuss Posts: 48,514 ✭✭✭
    eBay would be fine. Large clear images, 10 days, featured plus, starting at 5 PM Pacific on Thursday ending on Sunday, $1 no reserve.

    Russ, NCNE
  • image
    Constellatio Collector sevenoften@hotmail.com
    ---------------------------------
    "No Good Deed Goes Unpunished!"
    "If it don't make $"
    "It don't make cents""
  • Killer.....I keep hope for a first 70 (and of course a 2000-D Mill Sac in 68..God knows I am trying). Walt
  • Cha-ching! image

    I collect ASEs also (PCGS MS69s are my goal). It's nice to see there is finally a 2004 PCGS MS70 in existence.
    Author of MrKelso's official cheat thread words of wisdom on 5/30/04. image
    imageimage
    Check out a Vanguard Roth IRA.
  • TrooperTrooper Posts: 1,450
    Nice hit. Way to go!!
    Russ has the right idea if you ask me on selling it.
    Tom
  • FatManFatMan Posts: 8,977
    Cha-Ching! Great Make. Unlike the PR70's where PCGS has opened the flood gates, the MS70 is still tough. Sell now while still a pop 1 to maximize your profit.
  • TootawlTootawl Posts: 5,877 ✭✭✭
    WOW!!!! The Holy Grail for SAEs!! Congrats!! You have to post a photo when you get it.
    PCGS Currency: HOF 2013, Best Low Ball Set 2009-2014, 2016, 2018. Appreciation Award 2015, Best Showcase 2018, Numerous others.
  • bumanchubumanchu Posts: 1,383 ✭✭✭
    I don't have a good digital camera, but I can try ...or maybe this is a good excuse to go out and get that camera I have been wanting to get!!
    And I ain't lying this time.
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>or maybe this is a good excuse to go out and get that camera I have been wanting to get!! >>



    You can buy several nice ones with what that coin will bring.

    Russ, NCNE
  • FatManFatMan Posts: 8,977
    No need for a digital camera. Don't need a picture of the coin. Just scan that label. That's the only thing that matters.image
  • You should post over on the Registry Board after you get the auction set up. I am sure that you will easily clear $2000 on the sale of that coin. I know of one silver eagle collector with a standing offer to pay up to $3000 (based on his website)

  • Oh and Congratulations on your very nice score and good eye.image
  • Cam40Cam40 Posts: 8,146
    bet if you cracked it out and sumitted it again it,d come back a 9.
    try it and let us know what happens.image
  • bumanchubumanchu Posts: 1,383 ✭✭✭


    << <i>congrats >>



    Thanks!



    << <i>crack it out and submit it again >>



    You go first, I'm right behind you!!

    And I ain't lying this time.
  • greghansengreghansen Posts: 4,301 ✭✭✭
    I don't have a good digital camera, but I can try ...or maybe this is a good excuse to go out and get that camera I have been wanting to get!!

    This would be a perfect excuse to buy a quality digital with good macro capabilities. BTW, Russ's suggestions on appropriate auction forum is spot on IMO. Even with a good digital camera, you may stumble around trying to get quality images if you have limited experience with light settings, etc. I know its taken me 4 months and about 30 hours of experimenting just to get what I consider adequate quality photos and I'm NOWHERE NEAR where some of the other forum members are in terms of photography skills. If that becomes an issue, and you want to sell it while still a Pop 1, just get the coin to a forum member whom you trust that can take quality images for you to use in your listing. Overnight mail both ways is under $30 and will fetch you some great photo's. Cheaper than a new camera.

    Greg Hansen, Melbourne, FL Click here for any current EBAY auctions Multiple "Circle of Trust" transactions over 14 years on forum

  • image
    It is always great to get a 70!
    Tony Harmer
    Web: www.tonyharmer.org
  • bumanchubumanchu Posts: 1,383 ✭✭✭
    Thanks for all the input.

    But, don't stop now......image
    And I ain't lying this time.
  • FragmentumFragmentum Posts: 174 ✭✭
    Way to go, dude!

    Looking forward to having some of my high end cherry picked one's graded/slabed...image
    Collecting ASE's, Disney Dollars, high end for type set and other shiny objects with crayola colors...
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>I am sure that you will easily clear $2000 on the sale of that coin. I know of one silver eagle collector with a standing offer to pay up to $3000 (based on his website) >>



    I think $3000 is the minimum this coin would bring at auction. If the right couple of bidders came along, $5000 would not surprise me. For the entire 19 years, there are only a total of 12 MS70 coins. Of those 19 years, there are 14 years that have zero in the grade. This would be a very rare opportunity for one of the set owners in the huge MS69 logjam to break out of the pack.

    Russ, NCNE
  • wondercoinwondercoin Posts: 16,897 ✭✭✭✭✭
    Congratulations on the MS70.

    It is my understanding that PCGS will generally NOT grade a MINT STATE Silver Eagle in the MS70 grade now for the simple reason that the coins "turn in the holder". The processes utilized at the Mint in the striking of these MS Silver Eagles appears to result in the coins "turning", in some cases before they are even removed from their shipping packaging upon shipment from the Mint. This is not the case, however, with Proofs. Why - I have no idea.

    So, technically, I believe that even if a coin has mark-free surfaces, it will not support an MS70 grade if it has spots on it. If, and when, the US Mint alters its production methods and the coins come out "spot-free", I suspect there would be many more MS70 Silver Eagles at PCGS. Perhaps 2004 is that year - time will tell.

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
  • FragmentumFragmentum Posts: 174 ✭✭
    I hate to pop this fantastic bubble, but Cert Verification for 21517396 is showing MS69!!image
    Collecting ASE's, Disney Dollars, high end for type set and other shiny objects with crayola colors...
  • RussRuss Posts: 48,514 ✭✭✭
    Oh crap, it does show MS69. It sounds like the online submission report was FUBARed.

    Russ, NCNE
  • bumanchubumanchu Posts: 1,383 ✭✭✭
    And I ain't lying this time.
  • bumanchubumanchu Posts: 1,383 ✭✭✭
    Yes, the online report has changed since yesterday. image

    I thought April fools day was April 1st not March 30th. image

    I guess a bird in the hand is worth two in the bush.image

    However, I may get more money in my lawsuit for the emotional distress I am currently experiencing.
    And I ain't lying this time.
  • bumanchubumanchu Posts: 1,383 ✭✭✭
    I guess the truism that may be seen below morphed into a prophetic statement that has been fulfilled!!

    I hope I did not make a fool out of myself.

    I did not believe that the "70" was beyond the realm of possibility as I have had three PRDCAM 70's in the last six months.

    Oh well.

    Cry and you cry alone!
    And I ain't lying this time.
  • imageimage
    JoeCool
    image
  • PlacidPlacid Posts: 11,299 ✭✭✭
    Someone at pcgs must read these boards image
  • XpipedreamRXpipedreamR Posts: 8,059 ✭✭
    MS70?


    That's close to perfect!





    image

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