Finally got the 1986-S Silver Eagle 70 Proof

swest · August 14, 2007 12:54PM

Welp,

I am slowly but surely collecting a set of these in 70s for fun and future for my boys. I pulled the trigger on a 1986-S Silver Eagle Proof 70 Ultra Cameo (NGC). Any Silver Eagle proof collectors out there that can give me a good ballpark of value on this?? Ebay isn't much of a help on this since they don't come up often and I was the last purchase.

I think I got it at a pretty good price and of course I need to get it in hand to check for milk spots, etc. But the seller looks respectable. Should it look good, it gets vacuum packed up and sealed away for a bit. I have a long way to go on this collection but it is fun to get the first one in the series..

Any idea of value on this would be appreciated. I did my own research but it wouldn't hurt to get some expert confirmation from Silver Eagle collectors here.

Thanks!

Swest

djdilliodon · August 14, 2007 1:04PM

value at auction is about $350-$425.

Joflax · August 14, 2007 1:25PM

Remember that the keys in this series get VERY expensive in 70.
Watch the prices on the 95W and rev proof in 70 (2006w)

bidask · August 14, 2007 1:27PM

<< Welp,

I am slowly but surely collecting a set of these in 70s for fun and future for my boys. I pulled the trigger on a 1986-S Silver Eagle Proof 70 Ultra Cameo (NGC). Any Silver Eagle proof collectors out there that can give me a good ballpark of value on this?? Ebay isn't much of a help on this since they don't come up often and I was the last purchase.

I think I got it at a pretty good price and of course I need to get it in hand to check for milk spots, etc. But the seller looks respectable. Should it look good, it gets vacuum packed up and sealed away for a bit. I have a long way to go on this collection but it is fun to get the first one in the series..

Any idea of value on this would be appreciated. I did my own research but it wouldn't hurt to get some expert confirmation from Silver Eagle collectors here.

Thanks!

Swest >>

bidask · August 14, 2007 1:28PM

I bought an ICG one and was told I overpaid.

swest · August 14, 2007 1:50PM

Well maybe I overpaid.

I checked Heritage and that shows auctions for this coin in 70 (from NGC or PCGS) as over $1000.

If 1986-S Proof 70s go for $350, then I did overpay significantly. hmph.

Swest

swest · August 14, 2007 1:59PM

<< Remember that the keys in this series get VERY expensive in 70.
Watch the prices on the 95W and rev proof in 70 (2006w) >>

I have the reverse proof from 2006 already. The 95W well, that might be missing for a decade or so

. This coin wasn't cheap at all. Getting the 70s in the older coins is not a cheap goal by any means. I only buy them when I think I get a very good deal on them. This coin cost a lot but I thought I got a decent deal on it. I was floating it in here for peace of mind. Heritage auctions have always been a good barometer for price.

But if these sell for $400 or so, them my stomache is doing major flops right now.

Swest

Joflax · August 14, 2007 2:07PM

watch teletrade, sometimes they are reasonably priced there,

GoldenEyeNumismatics · August 14, 2007 2:08PM

<< 

I am slowly but surely collecting a set of these in 70s for fun and future for my boys. >>

For the future of your boys? Your buying 70's as an investment? Bad idea.

Buying 70's is buying nothin but plastic. As the 2006-W plats (1 ounce) have shown us, they don't hold value very well.

bidask · August 14, 2007 2:11PM

<< Well maybe I overpaid.

I checked Heritage and that shows auctions for this coin in 70 (from NGC or PCGS) as over $1000.

If 1986-S Proof 70s go for $350, then I did overpay significantly. hmph.

Swest >>

I paid $50 for mine and told I over paid. It is definitely graded a Proof MS 70 but do not remember if it is a cameo.

19Lyds · August 14, 2007 2:14PM

<< value at auction is about $350-$425. >>

Is this your auction?

If so, don't worry about it, you did fine.

Newb · August 14, 2007 2:19PM

<< 

<< value at auction is about $350-$425. >>

Is this your auction?

If so, don't worry about it, you did fine. >>

One went for $1300+ the other day. Heck of a swing!

Tootawl · August 14, 2007 2:20PM

<< 

<< Well maybe I overpaid.

I checked Heritage and that shows auctions for this coin in 70 (from NGC or PCGS) as over $1000.

If 1986-S Proof 70s go for $350, then I did overpay significantly. hmph.

Swest >>

I paid $50 for mine and told I over paid. It is definitely graded a Proof MS 70 but do not remember if it is a cameo. >>

Which one is it ? A Proof or a MS?
If it's a MS70, it won't have a cameo.

19Lyds · August 14, 2007 2:26PM

I've seen a number of 70's sold on EBay but they were not NGC or PCGS Slabs but in SGS Slabs.

It seems that the 2005 & 2007 NGC Slabs go for under $100 but the earlier years aren't even close to that.

Snapdragon · August 14, 2007 3:10PM

I looked at the teletrade auctions on this coin issue for the last year in NGC holders and all of them closed between $400-425. If you paid significantly more than that you should probably consider returning the coin...unless its spectacular for the grade. If you post a pic of the coin, you might get better feedback from the more knowledgeable graders. Heritage pricing seems to be inflated compared to the current market conditions for most modern bullion issues.

Stephen

swest · August 15, 2007 12:20AM

My coin is a ASE Proof.

1986-S PR70 Ultra Cameo by NGC. Well I am wishing I paid only $400. They guy had on buy it now for $1495 and I paid much less than that but still double of that ebay auction. I always check Heritage and it shows me getting a deal at the price I paid for it from auctions in 2006 and 2007. The last one on Heritage went for $1700 or so for NGC.

This is not the MS coin for those that asked. Well, if I got burned it was because I didn't do enough research. I have been very fortunate to get into coins and especially these boards. I have built a collection (minor for now) for my boys completely free practically by occasionally buying a good deal and selling a bit higher and buying other coins.

If I was wrong on this one, this would be my 2nd live and learn coin lesson.

Thanks for the info!

Swest

ebaytrader · August 15, 2007 12:32AM

I've sold a couple at $1100. +. The highest price I've seen is $1700.

swest · August 15, 2007 12:55AM

Ok, I am feeling a little better. On teletrade it seems like MS coins there. Well, it will be what it will be. Either way, this is going into the bank box after being vacuum sealed.

Swest

Finally got the 1986-S Silver Eagle 70 Proof

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