1999 MS 70 Silver Eagle

Wow, I will try to sell it as is, no way would I risk having it broken into. As a side note-- I called about 10 coin dealers in the Houston Area and asked them if they buy certified coins, all of them said yes, when I told them about the coin only one dealer new anything about the aprox. value of the coin. (Williams Coins) in Clear Lake said he would look around and try to find a buyer for me the others did not know anything about the coin and wanted to give me bullion price for it.
Thanks for your help
Tony

The average collectors inability to distinguish between grades has nothing to do with 'gradeflation'. Gradeflation is the perceived loosening of grade standards. The belief that what was a 64 10 years ago became a 65 5 years ago and might be considered a 66 today.

I agree. I would never pay the premium for a 70.

Any updates on this thread? Sell it yet tmack?

Stampvirgin States " 99% of coin collectors couldn't tell the difference between a 69 and 70.."

I believe the percentage is not all that high, I also believe that Many collectors are out to buy a slab, not the coin.......... Where are all the old school Collectors, The one's that did the research and put in the time and have the experience to judge and grade coins for and by themselves.IMO, Slabs are a new breed of collectors, since 1986.....

Anyone, Thank You........

Sometimes people collect bullion coins for the numismatic value. The difference between the cost of a generic bullion coin (or bar) and the cost of the coin is the numismatic value. In this particular case, MS70 certified examples are apparently pretty rare even though the coin is fairly common. There are a group of people who will pay extraordinary prices for coins that 3rd party grading services deem perfect (MS70). I think it's foolish, but someone has to part them from their money. It's fine with me. That means they're not spending their money are truly rare coins, so they'll cost less when I want to buy them.