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 Replies: 9 / Views: 1,477 |
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Valued Member
United States
411 Posts |
I have been collecting coins for years.
I had medical problems, died on the table.
lost some of my memory.
I have some questions I would like to ask.
I collect silver eagles from the mint and a few other places.
grade 69 and 70 eagles , 70 is the best but why not get the 69 if the price is right. found a guy with some 69's priced in the teens to mid 20's.your thoughts.
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Moderator
 United States
187582 Posts |
Sorry to hear about your trouble.  I would never pay more for the 70 because I cannot tell a 69 from a 70. So, get the 69 and save the money for more coins.  |
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Pillar of the Community
United States
2543 Posts |
Such is the on going debate. Should I pay $80 for a "perfect" coin or should I pay just $30 for a coin that is so "near perfect" you could only tell the difference with a loupe. In coin collecting there is a term, conditional rarity, used mostly in classic coin collecting. Where many coins are very plentiful on the whole, but very rare in certain grades. These rare grades tend to be very valuable even though the regular coin is not. Modern MS70's push the definition of that term. While they make up a very small portion of the entire mintage of any year ASE, is the difference between a MS70,69,68, that different to justify a 150% premium? Also one must take into account that it is only bullion with mintages in excess of 40 million with an intrinsic value of $15 and zero historical or sentimental value. To me? MS70's are a mass delusion perpetrated by some very savvy businessmen, who very very successfully emptied the pockets of deluded collectors by selling them $15 coins or $80 |
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Pillar of the Community
United States
6326 Posts |
I would go with the 69's too.
Unless you are trying to have all 70's thinking that in the future the 70's would make your A.S.E. collection more valuable to yourself or your kids or something.
But as far as pleasing to the eye, you can't tell the difference anyway as has been said.
Are you keeping them in the slabs or how are you displaying them ?
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Valued Member
 United States
411 Posts |
all my slabed coins are in a wood box that has clips on it to hold closed, my earlier mint and proof sets are in the same type wood box.
all my newer mint and proof sets are in the cardboard box they were sent to me in.
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Valued Member
United States
175 Posts |
All good reason to take into consideration. But my issue with running a 69 set versus a 70 set is simply by the way they are graded and who they are graded by. This concept holds true moreso for the coins that sell by the monster box. And are mass graded and regraded hoping for a couple more 70's on the next return. Something I've heard personally from a dealer.
So that pretty much sums up my 69/70 ratio... lol
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Valued Member
United States
411 Posts |
ok, thanks
next are all silver eagles that have the lady with her hand out over the sun and
some type of limbs(flowers) in her left arm considered burnished ?
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Pillar of the Community
United States
757 Posts |
The monster box 69 vs 70 grading I have anecdotally heard it's basically 20% of the box is a 70 the rest are 69's. I have spent the extra money on my registry set to get some 70's and to be perfectly honest I have 69's that look as good or better than the 70s. I try not to put them side by side anymore because it's a bit disheartening know the price difference and being able to see this.
I have always been tempted to crack a 70 and resubmit it to see what it comes back as.
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Pillar of the Community
United States
2543 Posts |
There is no design difference in any of the silver eagles. UNC, Burnished or Proof, have to do with the planchet preparation.
The burnished versions are minted on special burnished planchets. The design is the same.
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Valued Member
United States
411 Posts |
ok, thanks
more questions comin on silver eagles
something happened to me last night, look for free gift,wheat
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Replies: 9 / Views: 1,477 |
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Posted 04/12/2016 3:57 pm
