Silver eagles (1986- present)
mach19
Posts: 4,658 ✭✭✭✭
What is the best way to purchase this coin ? Proof or PCGS at 69 or higher
TIN SOLDIERS & NIXON COMING 
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Empty boxes just mean that someone submitted a proof for grading.
As I dealer, I must admit that I'm somewhat puzzled by people slabbing business strikes. These coins never circulated and they were never in bags. They almost always (unless a roll was abused) come nice. Very high grade.....
It seems the TV sellers have created a demand for graded SAE's. Call a local shop and ask what they pay for certain date eagles. Then ask what they pay for Ngc, Pcgs 68's and 69's ....The answer may surprise you.
Paul
<< <i>What is the best way to purchase this coin ? Proof or PCGS at 69 or higher >>
I would recommend doing a forum topic search about "milk spots" on PCGS slabbed silver eagles before taking the plunge. You may save yourself a lot of grief.
Just using NGC as an example, there's already over 96,000 2006 business strikes graded, all but 1,500 are ms 69 or higher.
Same with 2006 proofs, over 12,000 graded, only 24 pieces which failed to get PR 69 UltraCam or higher.
Joe
<< <i>Hello,
Empty boxes just mean that someone submitted a proof for grading.
As I dealer, I must admit that I'm somewhat puzzled by people slabbing business strikes. These coins never circulated and they were never in bags. They almost always (unless a roll was abused) come nice. Very high grade.....
It seems the TV sellers have created a demand for graded SAE's. Call a local shop and ask what they pay for certain date eagles. Then ask what they pay for Ngc, Pcgs 68's and 69's ....The answer may surprise you.
Paul >>
While MS69's are abundant it is not that easy. A year or so ago I played the game and bought hundreds of rolls and went through to find MS69s for grading. It was far less than 10% and only 85% of those got graded.
I understand the appeal because I like my coins to be in slabs for storage purposes. I am kind of like Monk and everything has to be organized or I go crazy.
<< <i>Why do you get spots on coins that are encased in plastic? (how) >>
No one really knows for sure. The best guess is it has nothing to do with the plastic and all to do with the minting process. It seems that mabye some residue of the mint process is not completely washed off of the coin and when exposed to air over time it causes a reaction and you get milk spots.
Edited:This is strictly a surface issue and can be cleaned off of proof coins if caught early. In my experience the 2005 and 2006 ASE proofs are the best so far and have had very few issues. I would venture to say the mint has worked on the problem.
I haven't researched the difference between MS and Proof Silver eagles to know which is better to collect. I have a complete set of raw circulation strike and am about finished buying a graded MS69 set. I was half done with proofs when I realized I'd never have a complete set because the cost of 1995-W. So I'm selling them ebay as we speak. But I always buy PROOF commemoratives and not the circulation strikes. They look so much more appealing.
<< <i>This is strictly a surface issue and is not hard to clean off but is annoying. In my experience the 2005 and 2006 ASE proofs are the best so far and have had very few issues. I would venture to say the mint has worked on the problem. >>
Interesting, my understanding is that the milk spots will NOT come off.
<< <i>
<< <i>This is strictly a surface issue and is not hard to clean off but is annoying. In my experience the 2005 and 2006 ASE proofs are the best so far and have had very few issues. I would venture to say the mint has worked on the problem. >>
Interesting, my understanding is that the milk spots will NOT come off. >>
I am learning something new between this thread and another. What I am removing may or may not be milk spots. They may actually just be a different kind of spot that is removable. My confusion also comes from PCGS cleaning up a few proofs and returning them, they have also written checks and removed others from the slabs so I guess anything goes.
<< <i>
Interesting, my understanding is that the milk spots will NOT come off. >>
<< <i>I am going to stick with the PCGS 69 & up. This is a very nice looking coin. ( I might still purchase the proof coins also) >>
It sounds like you are just starting out. I did the same thing, I started a PCGS MS69 Silver eagle set. IMHO it was a newbie mistake for me and in hindsight I wish I had never done it. Why? Well, they are not actually "coins" and primarily, 40% of my set 1986-2005 developed Milk Spots!
I'll reitterate my suggestion to do a forum search for "milk spot", "milk spotting", "spots on SAE", etc. Do your research. Study the good, the bad and the ugly and if your still determined
However, to collect these PM me, you can buy my set, already slabbed, already spotted, and save yourself the heartche of waking up some morning and discovering your collection is ruined. Maybe if you buy them that way, it won't be such a surprise when no one wants to buy them and the disappointment of discovering they've turned.
Caveat Emptor! And good luck!
<< <i>No one really knows for sure. The best guess is it has nothing to do with the plastic and all to do with the minting process. It seems that mabye some residue of the mint process is not completely washed off of the coin and when exposed to air over time it causes a reaction and you get milk spots. >>
I have kept lots of ASE's in 2x2 cardboard holders and flips for 6-7 years and have never had the milk-spotting problem on even one coin so I doubt it has to do with exposure to air.
The proofs I like in original packaging, I like everything in original packaging..... the proof 69 coins again seem like spending every money on common coins.....
THe 1995-W is a different animal period that you have to decide on how to deal with.....
uncs in a Dansco, where they are happy and milk spot free. (knock on wood) I don't see the point of grading either type, if your goal
is personal enjoyment.
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<< <i>I have a complete set of both the proofs and the uncirculated ASEs. The proofs are staying in the original govt packaging and I have the
uncs in a Dansco, where they are happy and milk spot free. (knock on wood) I don't see the point of grading either type, if your goal
is personal enjoyment. >>
I don't have a full proof set, but I like the dansco albums. Buying a full set can be done on ebay, and next years can be picked up easily to keep up to date. With silver up so much I wont mention any price. And I like the proof eagles. I bought 3 last year and gave 2 as gifts, and 3 this year I still have. The original govt packaging is more than nice enough to keep them in. (IMO)
PZ
(Priest) BLASPHEMY he said it again, did you hear him?