Should I grade 2011 25th Anniversary Silver Eagle Sets
tyler267
Posts: 1,305 ✭✭✭✭
I have 24 sets of the 2011 25th Anniversary Silver Eagle 5 coin sets. 20 of the sets are in mint sealed boxes and 4 are in an open box. If I wanted to sell these is it better to send them to our host for grading or sell them in the original packaging. Thanks in advance.
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to start, the open boxes should only be sold as-is
check sold items on ebay for them
do you have the invoice with issue price?
you'd need to pay for grading - ins - first strike assuming they are - processing - shipping each way
then you have to compare price differential between 69 and 70 for each of the 5
Released on 10/27/11 -- @ $299.95 ea. - Backordered 11/10/11.
1) I picked up 4 sets, sold one on the Bay once in hand while HOT for $1500 wow.
2) Two of the 3 sets had -70 potential coins(the P&S key coins), and I finally sent them in last year ⇊.
3) My last remaining set (-69 potential), will be sold as is intact in OGP, or I'll just keep it...
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If I do it's in the sealed boxes, I'll look in the open box and see if there is an invoice. I bought one box and had 4 employees buy the other ones for me, so I've had the boxes since issuance.
Thank you for the input. I'm trying to figure out if it's worth the cost and hassle of grading or if I should just sell them as is. I appreciate your help.
i got the info needed from Rc5280: issue price and release date. you'll need to know the release date and shipping date to know if you qualify for first strike.
If Google is right the release date was October 27, 2011 and the date shipped on all of the boxes is November 9, 2011. So I think they are first strike eligible. Again I appreciate your help.
What do these sell for now?
When they were issued, a friend and I each got 5 sets for a total of $1500 for each of us. That was a lot for us to gamble on, but the talk here on the forum was that these were going to be hot.
We immediately sold one sealed box to a dealer for $3600, which paid for the other five sets and gave us $300 each for our trouble. We still have the 5 sets (opened box). One set's case was smashed in shipping so we'll sell those coins off individually some day.
$400 - $600 depending.
The OGP sets outperform the -69 slabbed sets in many instances.
These were Hot for the first year or two, not so much now.
https://www.ebay.com/sch/i.html?_nkw=2011+5-coin+silver+american+eagle+set&_sacat=0&_from=R40&rt=nc&LH_Sold=1&LH_Complete=1
you could take the hit and buy empty ogp on ebay
I thought about buying empty OGP to replace the damaged case and I still might, but the fifth set we have is less than perfect (aren't almost all of them
) since the reverse proof has areas of broken frost. We might just dump that set piecemeal since its all profit.
It depends what you can make graded vs your cost plus grading exp. Sometimes ogp better. Seems like tough sledding. If I can move them ogp at really good margin prefer that route - let somebody else spin the roulette wheel on slabbing, I like flip stuff fast at good margin.
That was my approach, as well.
With these sets there were issues with coins popping out of their capsules during shipment. I recall that one poor member here had one of his dollars from the set graded at less than a 60.
don't forgot about that.
it was a two-fer
capsules out of holes and lids off of capsules
(PS first spice had that problem too)
Don't forget about spots! These are very susceptible...
mbogoman
https://pcgs.com/setregistry/collectors-showcase/classic-issues-colonials-through-1964/zambezi-collection-trade-dollars/7345Asesabi Lutho