COLLECTION FOR SALE

Spacewalker · September 15, 2005 12:17PM

1. 1986 thru 2005 Proof American Silver Eagles, all graded by NGC PR 69 Ultra Cameo and in NGC storage box.
2. 1986 thru 2005 American Silver Eagles, all graded by NGC MS 69 and in NGC storage box.
3. 2000 set Gold eagles $50,$25,$10, and $5 all graded MS 70 by NGC (This one set shows it sells for $10,700 on pcgs price guide)
4. 2000 set Gold eagles $50,$25,$10, and $5 all graded MS 69 by NGC.
5. 2000 set Gold eagles $50,$25,$10, and $5 all graded MS 69 by NGC except the $5 which is MS 68.
6. 1999 thru 2005 United States Silver Proof sets in OGP with COA in each of the red boxes.
7. 1882 GSA MORGAN UNCIRCULATED SILVER DOLLAR IN OGP WITH BOX AND COA IN PERFECT CONDITION.
8. 1883 GSA MORGAN UNCIRCULATED SILVER DOLLAR IN OGP WITH BOX AND COA IN PERFECT CONDITION.
9. 1884 GSA MORGAN UNCIRCULATED SILVER DOLLAR IN OGP WITH BOX AND COA IN PERFECT CONDITION.
10. 2001 P INDIAN HEAD BUFFALO SILVER DOLLAR PROOF GRADED PR 69 ULTRA CAMEO BY NGC
11. 2001 D INDIAN HEAD BUFFALO SILVER DOLLAR GRADED MS 69 BY NGC
12. 2005 US MINT UNCIRCULATED MINT SET (22 Coins)
13.1999 United States Silver Proof set in OGP with COA in the red box.
14. 2 BANK ROLLS OF 2005 P BUFFALO NICKELS

I will take any offers on the entire set at $14,000 up.

Gator5220 · September 15, 2005 12:35PM

Are you going to sell this as one big lot or are you going to break it up?

mrearlygold · September 15, 2005 2:06PM

DennisH · September 15, 2005 2:34PM

3. 2000 set Gold eagles $50,$25,$10, and $5 all graded MS 70 by NGC (This one set shows it sells for $10,700 on pcgs price guide)

Alas, prices in the PCGS Price Guide are for PCGS-graded coins. Due to differences in grading standards sometimes perceived by the coin-buying marketplace, material in other holders should not necessarily be expected to sell for the same prices.

Spacewalker · September 15, 2005 3:43PM

Spacewalker · September 15, 2005 4:57PM

I am a member of both PCGS and NGC which are both recognized by the hobby as the only grading services which you can buy coins without seeing them and knowing the grade is right. NGC is the offical
grading service of the ANA and PNG. I personally will not own coins graded by anyone but PCGS or NGC.
I should not have to explained this as anyone in the hobby knows this.

keets · September 15, 2005 9:59PM

DennisH---Alas, prices in the PCGS Price Guide are for PCGS-graded coins. Due to differences in grading standards sometimes perceived by the coin-buying marketplace, material in other holders should not necessarily be expected to sell for the same prices.

Spacewalker---I am a member of both PCGS and NGC which are both recognized by the hobby as the only grading services which you can buy coins without seeing them and knowing the grade is right. NGC is the offical
grading service of the ANA and PNG. I personally will not own coins graded by anyone but PCGS or NGC.
I should not have to explained this as anyone in the hobby knows this.

hey Spacewalker

i think DennisH is a bit closer to hitting the mark on this point. to that end, it should most certainly be explained to any collector that the grading standard of one service isn't necessarily consistent with that of another. heck, most aren't consistent with themselves----regarde/crackout----to a degree greater than 50-50 with these MS70/PR-PF70DCAM coins. NGC seems to have quite a bit more of both in their census and it's generally accepted that NGC 70's will not hold the grade at PCGS. for that matter, PCGS 70's most often won't hold that same grade at PCGS!!!!

al h.

goose3 · September 15, 2005 10:38PM

<< <i>both recognized by the hobby as the only grading services which you can buy coins without seeing them and knowing the grade is right. >>

LOL! by having blinders on and avoiding ANACS or even ICG, you are missing out on some decent coins.

tgilliams · September 15, 2005 11:03PM

sounds like you bought your coins a SHOPATHOMETV. they charge 5-6 times what the coins are worth in real life. i hope you didn't or you'll lose a ton of money

ScarsdaleCoin · September 16, 2005 12:40AM

Spacewalker, think Dennis was just trying to help....dont shoot the messenger

DennisH · September 16, 2005 1:58AM

What I was really trying to do was politely say that NGC grading of modern gold bullion coins appears to be a joke, which means that presuming NGC-graded coins are worth the same as PCGS-graded coins is also a joke.

I just checked the online pop reports for both services for the number of 2000 $50, $25, $10 and $5 gold Eagles that each has graded MS70. The differences are astounding:

$50 gold Eagle in MS70
NGC - 892
PCGS - 23

$25 gold Eagle in MS70
NGC - 499
PCGS - 3

$10 gold Eagle in MS70
NGC - 314
PCGS - 4

$5 gold Eagle in MS70
NGC - 7,152 (that's 51% of all the $5 coins submitted for grading!)
PCGS - 20

(edited to add the date 2000 in paragraph number two)

stefvell · September 16, 2005 4:11AM

Something that many people overlook is the mintages of the eagles compared to the number graded. Since these coins are recently minted and have not seen massive melting it stands to reason that very few people grade their coins. Furthermore, due to the coins youth you will find many ungraded coins in perfect mint state. That said, I would think that there are many ms 70/pr70 coins in collections/stores around the world. So why should a ms 70/pr 70 be so rare? How many ungraded coins will get 70 status? I know I have 20 or so. In that case, I could boost the number of graded pf70 coins by about 3% at ngc and 40% at pcgs. Pretty good hugh?

For the sake of being constructive, it is fair to say that eventually these 70 coins will be valuable...when we are all closer to the grave. If the coins are well cared untill then, you will see a return on investment. Otherwise, at 14,000 you are stuck a bunch of retail, overpriced goods. The only solution to this problem is to sell these coins individually on ebay where some newbie collector is sucked in by the ms/pr 70 grade. Good luck selling those at that price though. They are going on ebay for roughly 2 X spot price of gold and 10 X spot on silver.
look at the mintage charts:

1986
1,362,650 1 oz
599,586 .5 oz
726,010 .25 oz
912,615 .1 oz

1987
1,045,500
131,250
269,250
580,250

1988
465,000
45,000
49,000
159,500

1989
415,790
44,800
81,780
264,790

1990
373,200
31,000
41,000
210,210

1991
243,100
24,100
36,100
165,200

1992
326,000
50,800
54,800
207,000

1993
439,000
72,000
70,000
215,000

1994
243,500
64,000
62,000
190,000

1995
226,000
52,000
90,000
232,000

1996
194,500
42,000
68,000
425,000

*1997
665,500
79,500
108,000
525,000

*1998
1,468,500
170,000
310,000
1,345,000

*1999
1,505,000
263,000
564,000
2,750,000

*2000
.430,000
79,200
128,960
560,150

*2001
145,605
49,047
71,280
270,147

**2002
222,028
70,029
62,029
230,025

**2003 416,032
79,029
74,029
245

Spacewalker · September 16, 2005 8:32AM

With these posts, it makes me want to send the ms70 gold set to be graded by pcgs. I have always got the same grade when I have done this before with one exception- a 1885 morgan ngc ms65 pl and pcgs ms65 dmpl.

Use your best judgement when looking at this collection and deciding if it is a bargain for you or not. I know I will get more selling them on e-bay broken into separate items.

This is a good forum and everyone should appreciate the info provided and the time to look up the pop reports and then post it.

DennisH · September 16, 2005 8:53AM

"It makes me want to send the ms70 gold set to be graded by pcgs. I have always got the same grade when I have done this before with one exception..."

May all the luck in the world be on your side in this effort. Really.

And please let us know how things turn out. I know I'll be amazed if even one of the four coins comes back MS70.

COLLECTION FOR SALE

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