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Modern US Coins

2009 Silver Eagle MS-70

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AMFCook
Valued Member

United States
312 Posts

Posted 03/14/2010 8:16 pm

Opinions please? Seller is asking $115.00:

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bherring1964
Pillar Of The Community

USA
2223 Posts

Posted 03/14/2010 10:20 pm

The price is WAY too high. These sell on eBay for $70 to $90 regularly and have gone as low as $60 recently.

Take a pass.

ANA #3154474

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Halfwitty
Pillar Of The Community

United States
1523 Posts

Posted 03/14/2010 10:37 pm

Too much AMF.You could pick up 2 for that price if you look around.

I know I'll find one in this roll!

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eaglefoot
Pillar Of The Community

USA
5030 Posts

Posted 03/14/2010 10:39 pm

I bought the same 2009, except it was a slabbed MS-69, and I got it for $23.00. It also came with some "coin reading literature" and a 10x Bausch & Lomb magnifier.
Now there is (and should be) a nice jump in value to a MS-70, of course....but the price you named seems INSANELY HIGH !
"MS-70" notwithstanding.....keep in mind that this year 2009 of ASE's are an extremely high mintage.....nothing rare about this year at all for the MS ones. So....there's also going to be a lot more that will grade MS-70 too, when compared to other years.

Coin collecting isn't always just about the money !

Eaglefoot

Edited by eaglefoot - 03/14/2010 10:44 pm

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AMFCook
Valued Member

United States
312 Posts

Posted 03/14/2010 10:53 pm

Red Book has Burnished 09 Silver Eagle at $28. I was also wondering about the coin itself, I was under the impression the Mint didn't strick 09 Silver Eagles?

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AMFCook
Valued Member

United States
312 Posts

Posted 03/14/2010 11:23 pm

I think I see what the seller did.

He went to ebay.com, searched 2009 Silver Eagle MS-70 and came up with 2 pages of buy it now 2009 Silver Eagles.

Prices range from $87.50 to $1450.00. The $1450.00 one, happens to be slabbed by PCGS, and has POTUS's picture on the label.

http://shop.ebay.com/i.html?LH_BIN=...0.m14&_pgn=2

We are the examples, children learn from.

Edited by AMFCook - 03/14/2010 11:35 pm

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AMFCook
Valued Member

United States
312 Posts

Posted 03/14/2010 11:34 pm

I'm thinking $30 - $40 for an offer.

We are the examples, children learn from.

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bherring1964
Pillar Of The Community

USA
2223 Posts

Posted 03/15/2010 12:03 am

Quote:
I'm thinking $30 - $40 for an offer.

If it were me, I would not make an offer that low. $60 would be a reasonable offer but you could bid on some pieces and get one for around $60 too.

Does the MS70 make a big difference to you? If not then get an MS69 for $25.

ANA #3154474

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AMFCook
Valued Member

United States
312 Posts

Posted 03/15/2010 12:24 am

Grade MS-69 or MS-70 is not big difference at all. As one poster already stated there's nothing rare about these coins. They're bullion issue, and there were roughly 30.4 million produced last year.

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AMFCook
Valued Member

United States
312 Posts

Posted 03/15/2010 12:48 am

This one retails for $34.95:

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Scooby Due
Pillar Of The Community

Coin Community Supporter Supporter!

United States
1674 Posts

Posted 03/15/2010 01:50 am

Why does the US Mint's website continue to say that 2009 Eagles will not be minted? Are they referring to Westpoint?
If so, then are the other Eagles not considered "uncirculated"?

Success is not the result of spontaneous combustion. You must first set yourself on fire!

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Scooby Due
Pillar Of The Community

Coin Community Supporter Supporter!

United States
1674 Posts

Posted 03/15/2010 01:56 am

Quote:
Red Book has Burnished 09 Silver Eagle at $28. I was also wondering about the coin itself, I was under the impression the Mint didn't strick 09 Silver Eagles?

Now, I'm really confused. Weren't the burnished ones from Westpoint?

Quote:
Prices range from $87.50 to $1450.00. The $1450.00 one, happens to be slabbed by PCGS, and has POTUS's picture on the label.

This is for a lot of 10, so still $145. each. Ouch!

Success is not the result of spontaneous combustion. You must first set yourself on fire!

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Scooby Due
Pillar Of The Community

Coin Community Supporter Supporter!

United States
1674 Posts

Posted 03/15/2010 02:02 am

Oh, and one more thing, I can't personally tell the difference between a 69 & 70. I thought the 70 had to be flawless, but apparently even contact or bag marks are allowed. I even have a 70 with machine doubling (huh?). So, for my money, it's 69's.

They're a fraction of the cost and look just as good.

Success is not the result of spontaneous combustion. You must first set yourself on fire!

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bherring1964
Pillar Of The Community

USA
2223 Posts

Posted 03/15/2010 02:07 am

Only bullion Silver Eagles were struck in 2009. The Red Book you're quoting was likely printed over a year ago and included the price assuming burnished ASE would be struck - they were not.

ANA #3154474

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benchede
Valued Member

United States
112 Posts

Posted 03/15/2010 04:37 am

Being new to collecting, I purchased a 2009 MS70/NGC for $95. I know now that was way to much to pay. Live and learn. Is the MS70 worth the money compaired to MS69. It's all in what you want, personally.

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AMFCook
Valued Member

United States
312 Posts

Posted 03/15/2010 09:42 am

Scooby thats for the proof and burnished coin. Bullion coins they made.

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