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Author Previous TopicReplies: 13 / Views: 488Next Topic  
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 Posted 06/02/2021  09:49 am Show Profile   Bookmark this topic Add buddto to your friends list Get a Link to this Message
because of health problems I got out of coin collecting a few years age, now I'm getting back.
was looking into getting a 2021 SE , which would be better down the road to have . noticed PCGS , NGC and the like . plus black or red or white label . which would be better in a 70 grade, thanks
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 Posted 06/02/2021  10:21 am  Show Profile   Bookmark this reply Add machine20 to your friends list Get a Link to this Reply
Better for what? Your enjoyment or "an investment"?
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 Posted 06/02/2021  10:32 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
. More background info please.
John1
( I'm no pro, it's just my humble opinion )
Searched 6.5 +/- Million Cents Since 1971
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 Posted 06/02/2021  10:34 am  Show Profile   Check chafemasterj's eBay Listings Bookmark this reply Add chafemasterj to your friends list Get a Link to this Reply
.and welcome to the Forum. You've come to a phenomenal place to share and learn. Explore and Enjoy!
Check out my counterstamped Lincoln Cent collection:
https://www.coincommunity.com/forum...IC_ID=303507
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United States
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 Posted 06/02/2021  7:33 pm  Show Profile   Bookmark this reply Add buddto to your friends list Get a Link to this Reply
of the graded type coins which is better to buy . then when I'm long gone and my daughter sells my collection which might bring her more income
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 Posted 06/02/2021  7:38 pm  Show Profile   Check silverwolf's eBay Listings Bookmark this reply Add silverwolf to your friends list Get a Link to this Reply
a ms70 is only really going to be important on key years..or small issued coins..
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 Posted 06/03/2021  04:58 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply

Quote:
of the graded type coins which is better to buy . then when I'm long gone and my daughter sells my collection which might bring her more income

PCGS
John1
( I'm no pro, it's just my humble opinion )
Searched 6.5 +/- Million Cents Since 1971
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 Posted 06/03/2021  06:28 am  Show Profile   Bookmark this reply Add Big-Kingdom to your friends list Get a Link to this Reply
As far as grading companies go, currently PCGS slabbed coins sell the best and for the most. As far as slabs and labels go, that's a preference thing for potential buyers and has nothing really to do with the quality of the coin inside the slab.

If you are looking for long term value, something to hand down, Silver Eagles in general are a miss for most of the issues. You'd be much better off saving your money and buying problem free, graded key date coins in the highest grades you can afford which in general always has a consistent market for them and gradually increases in value.

If you're set on silver eagles, I wouldn't bother with grading and just stack silver for silver value sake and buy low, and roll the dice on the silver market when it's time to cash out. Even doing this in order to save for the key date coins later to hold in your collection to hand down works if you have the time and can keep track of your buys and what it takes to turn a profit on a cash out instead of a loss.

There's lots of strategies. It's which one works for you that matters. I think there's no difference between MS69 or MS70 silver Eagles in appearance and in most cases the markup is on the slab saying MS70. This in my opinion isn't a good investment in silver Eagles there just way too many MS70s. So unless you'd be buying key date silver eagles, it's likely not going to realize the money you'd want them to in the long haul.



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 Posted 06/03/2021  09:27 am  Show Profile   Bookmark this reply Add buddto to your friends list Get a Link to this Reply
thank you, Big-Kingdom
what I'm looking at is the new 2021 proof silver eagle type 2
from what I have read it my be short print, but then we never no .
have seen prices from $69 to $369 slabbed MS70
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 Posted 06/04/2021  2:36 pm  Show Profile   Bookmark this reply Add Bret to your friends list Get a Link to this Reply
Regardless of whether the coins are in a slab or not, whoever sells them is going to take a significant hit. Most sellers who inherit coins won't make the effort to get the maximum amount which would be about 85% of the typical dealer selling price. That would require selling on ebay or taking multiple offers on each at a coin show. Most sellers typically make the effort to go to one shop and sell everything at once. Getting 50% to 60% of the dealer selling price is typical in such a situation.

My bottom line suggestion is to buy what you like and don't worry about how much they'll be worth down the line. The best thing you can do for your heirs is to give them a process for successful selling before you pass.

BTW, if by "down the road" you meant that you'd want to sell them yourself for a profit, I'd suggest avoiding coins all together. The spread between buying and selling prices makes them a bad investment.

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 Posted 06/04/2021  3:02 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I agree with Bret.

In my case, coins are for me to enjoy. The expense has been written off and I personally do no expect to profit from them. My hope is my heirs will appreciate them as I have.
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 Posted 06/04/2021  3:09 pm  Show Profile   Check chafemasterj's eBay Listings Bookmark this reply Add chafemasterj to your friends list Get a Link to this Reply

Quote:
In my case, coins are for me to enjoy. The expense has been written off and I personally do no expect to profit from them. My hope is my heirs will appreciate them as I have.


Couldn't agree more!
Check out my counterstamped Lincoln Cent collection:
https://www.coincommunity.com/forum...IC_ID=303507
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 Posted 06/05/2021  08:27 am  Show Profile   Bookmark this reply Add buddto to your friends list Get a Link to this Reply
thank you very much Bret , this is what I was looking for.
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