Graded Silver Eagles
jetpro
Posts: 126
I noticed that PCGS graded 20th ann. silver eagles in either 69 or 70 re going for sevral hundred dollars. The question I have is that if I purchase one, would the coin necessarily rise with the price of silver or is it independent? Is a purchase at these prices recommended? Thanks for your help.
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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
<< <i>Any of the SAEs that are priced at several hundred dollars will go up or down independent of the silver market. >>
Bochiman is correct.
Another example, PCGS graded MS60 - MS62 non-key dated Saint Gaudens Double Eagles have lost most of their numismatic value and are now valued on spot gold.
I was quoted the following 'buy' prices from a dealer on spot free PCGS/NGC graded Gold Saints today.
MS61 - $830
MS63 - $870
MS64 - $975
<< <i>I noticed that PCGS graded 20th ann. silver eagles in either 69 or 70 re going for sevral hundred dollars. The question I have is that if I purchase one, would the coin necessarily rise with the price of silver or is it independent? Is a purchase at these prices recommended? Thanks for your help. >>
The 20th Anniv ASE's are not tied in to the silver bullion price, but collector demand. This issue just recently bottomed out & is rising again in value. PCGS Slabs with the "First Strike" designation will demand a substantial premium over the non first strike label. The rev. prf is the more expensive, followed by the MS(except for the F/S MS70) & last but not least the Proof. Good luck...
The ones that survive without falling victim to milking, will always gain IMO.
<< <i><<Any of the SAEs that are priced at several hundred dollars will go up or down independent of the silver market.>>
The ones that survive without falling victim to milking, will always gain IMO. >>
Maybe this is by design.
<< <i>I was quoted the following 'buy' prices from a dealer on spot free PCGS/NGC graded Gold Saints today.
MS61 - $830
MS63 - $870
MS64 - $975 >>
Interesting. I just sold an MS63 for $1025.
Russ, NCNE
<< <i>
<< <i>I was quoted the following 'buy' prices from a dealer on spot free PCGS/NGC graded Gold Saints today.
MS61 - $830
MS63 - $870
MS64 - $975 >>
Interesting. I just sold an MS63 for $1025.
Russ, NCNE >>
Those prices are sight unseen. You include a decent photo which adds $155 to the total.
<< <i>Can you please describe what milking is? >>
white spots on the coin..normally referred to as "milk spots" on ASE's.
<< <i>
<< <i>
<< <i>I was quoted the following 'buy' prices from a dealer on spot free PCGS/NGC graded Gold Saints today.
MS61 - $830
MS63 - $870
MS64 - $975 >>
Interesting. I just sold an MS63 for $1025.
Russ, NCNE >>
Those prices are sight unseen. You include a decent photo which adds $155 to the total.
You are correct Becoka, those prices were given to me over the phone.
Gainesville is selling that Saint for $1k.....so Russ did just fine!!!