| Author |
 Replies: 17 / Views: 2,671 |
|
Pillar of the Community
United States
2130 Posts |
I just bought a complete set of silver eagles yesterday 1986-2008 in BU Uncirculated Condition. They are beautiful coins. I paid $480 for them. They are ina Dansco Album. My questions are:
Did I pay too much?
Will they be ok to store in the Dansco Album. I like being able to look at them in the album but I will do what ever it takes to keep them in this condition.
Thanks for any information.
|
|
|
|
Pillar of the Community
United States
2797 Posts |
Connor, If you got 24 coins (including the 96) I'd say you got a great deal. It's hard for me to find them for less than $25 a piece (96 excluded).  |
|
Member
United States
3242 Posts |
For a raw set that not bad the dealer's are set new prices as the spot move daily & some by the time u buy it. You can drive home with your new set and may have gone up by $.50-$1.00 that how hot silver is the say China is using most of it CPU, games, and jewelry?
Check out the 1996&97 look for milk spots
|
|
Pillar of the Community
 United States
2130 Posts |
I am at work...but I will look for the milk spots when I get home. Are the milk spots a good/bad thing? They didn't stand out if they are on there but I will double check those years.
|
|
Pillar of the Community
United States
4541 Posts |
Why is the 1996 so much more?
|
|
Valued Member
United States
168 Posts |
1996 is kind of a keydate...low mintage... also represents the 10 year anniversary. typically the 1996 coin can range from 55-70 bucks....
i would say overall you got an average deal...although the albums alone are probably worth a good bit. enjoy your set.
|
|
Pillar of the Community
United States
4867 Posts |
Right now as I'm typing this, silver is at $17.82/oz according to Kitco.
|
|
Pillar of the Community
United States
2130 Posts |
If silver is at 17.82 then I did not do too bad paying on average 20.87 a coin. I didn't buy it for the price of silver...I bought it for the love of the set of coins. On the otherhand, I did want to make sure I didn't get ripped off. I ususally don't make purchases this big for coins so I was a little nervous.
|
|
Valued Member
United States
328 Posts |
Great deal. Right now silver is $17.92.  http://www.coincommunity.com/spot_p...als_spot.asp It changes pretty much every time you refresh.  A Dansco is great for storing coins. Must be pretty heavy when it's full of silver. I'm still working towards my full set of Silver Eagles. |
|
Pillar of the Community
United States
827 Posts |
I was a couple shy from a full set and had to sell it off  |
|
Pillar of the Community
United States
4867 Posts |
I'm working on a silver maple leaf collection.
|
|
Bedrock of the Community
United States
20753 Posts |
Sounds like you got a really nice deal there. You must realize that Dansco Albums are at least $25 themselves. Not sure how many it took to make that set but are you sure they are all MS or BU? If so, good deal. Now for the long run. If you are planning on keeping them for a very long time, I would suggest placing the albums in a zip lock bag and pressing out as much air as possible. Naturally this depends on the area you live. If for example in very dry location such as Arizona, might not be necessary. If on the other hand a place like St. Louis or Chicago with excssive humidity in the are, the zip lock type bag would be very benificial. Remember albums such as Danco,
Whitman, Littleton, Shield, etc are not air tight.
|
|
Pillar of the Community
United States
2130 Posts |
just carl...Thanks for that info. I want to keep the set for a long time and I want to keep it going from year to year. What size zip lock bag would I need? I live in NC so humidity is a factor I may have to deal with.
Also, what is milk spots on the 96 and 97 that amac44 was referring to? I don't think mine have this.
|
|
New Member
United States
3 Posts |
I love the silver eagles and now that I have a full set, I'm targeting a full set of rolls (will take a while).
One of the dealers I work with told me about the milk spots and this is what he told me; the mint workers were using city water to clean the dies and the city changed their water processing in 1996 that either added or allowed some chemical through that had previously not been there (sorry, my memory on this is not what it could be). This chemical was then getting on the dies and causing the milk spots on the coins, especially on the obverse fields.
Take that as you will, as it is certainly third hand knowledge. But the milk spots are considered to be a negative.
|
|
Valued Member
United States
63 Posts |
I have 8 eagles now and I love them, not a bad investment for 20-25 dollars a year either. I've been paying 20 a piece for them, except for 96 of course. Now my dealer is charging 25 each as of a few days ago.. I can see myself walking in there and finishing my set real soon before they go up again lol . I think you got a pretty good deal on that set.  |
|
Pillar of the Community
United States
749 Posts |
Congrats on your purchase Connor!  They are beautiful coins  |
| |
Replies: 17 / Views: 2,671 |
Posted 02/22/2008 09:54 am
