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 Replies: 11 / Views: 3,464 |
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Valued Member
United States
315 Posts |
Im hoping to buy an unopened roll of silver eagles (20 coins.) my questions:
1. Is it worth separating them and sending in the best condition ones for grading? Can you give me some examples of what values to expect?
2. What are my odds of finding high grade coins?
3. Would my odds be better on newer coins?
4. Should I just buy fewer that are already slabbed? Edited by Superhal
10/20/2013 10:09 pm
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Valued Member
United States
333 Posts |
I think that only the rare year(s) are worth sending in for grading. For example, I have a nice roll of 1996 eagles. I plan on buying a few more rolls of 1996 eagles when I am financially able then I'll cherry pick the ones that I like and send in a bulk submission. (100 coins)
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Valued Member
United States
329 Posts |
Well if it's a roll of silver eagles I think that means they are bullion coins. IMHO why bother grading a coin they made 40 million of? There are several other attractive versions of the silver eagle that might be more appropriate for grading.
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Pillar of the Community
United States
526 Posts |
Quote:
Well if it's a roll of silver eagles I think that means they are bullion coins. IMHO why bother grading a coin they made 40 million of? There are several other attractive versions of the silver eagle that might be more appropriate for grading. Did not make that many in 1996. |
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Moderator
 United States
56855 Posts |
1. If you are very good at grading then pick out any you think are going to grade 69 or 70.Most will grade 67 and higher. 2. 50/50,like I said most are going to be higher grades. 3. I think your odds will be the same if it's a 1986 or 2013. 4. If you collect them them get 70 grades by PCGS IMHO,John1  |
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Pillar of the Community
United States
4901 Posts |
I have been collecting ASE rolls since I bought my 1st one at my local bank in 1986 and have just about filled 2 green monster boxes. I buy them mostly as a bullion investment. Quote:
3. I think your odds will be the same if it's a 1986 or 2013. Big difference in quality with the recent dates vs. the older (pre 2008) rolls and your chances of getting a 70 out of those rolls is slim. Recent 70's (bullion) have little premium attached. Example using PCGS since that was mentioned but I prefer NGC: 2010 ASE PCGS pop of 70's was 71630 out of 95910 graded 2000 ASE PCGS pop of 70's was 1 out of 9267 |
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Valued Member
United States
329 Posts |
Well if it's a roll of silver eagles I think that means they are bullion coins. IMHO why bother grading a coin they made 40 million of? There are several other attractive versions of the silver eagle that might be more appropriate for grading.
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Valued Member
United States
329 Posts |
I'm sorry I don't know why I got reported here...
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Pillar of the Community
United States
4867 Posts |
Personally I would not get bullion coins slabbed. For me bullion is bullion. The Coin Vault is notorious for pushing slabbed Silver Eagles and I really feel there isn't much value in doing so.
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Pillar of the Community
United States
1037 Posts |
 In general I do not think bullion ASE should be slabbed. There are exceptions, like this year bullion ASE's were struck in San Fransisco and West Point. If you were going to put together set containing the 5 West Point ASE's, then you would need the bullion coin slabbed. My suggestion is to buy your roll and keep them in the tube where they will be safe. |
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Pillar of the Community
United States
899 Posts |
I think grading companies grade... and make money doing it. I think buying for grading bullion coins is a waste of money. While there might not be 40 million for any given year - there are generally millions for most years, and that fact in and of itself means the value for a graded bullion coin is almost non-existant. They aren't unique - they aren't rare and they have no real numistic value - graded or ungraded (IMO), they are bullion sold in bulk - bought in bulk and are worth the going market rate for silver.
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Valued Member
 United States
315 Posts |
Yeah looks pretty grim overall. The online price guide I'm using is saying maybe +6 over spot for most years except for 1996 for ms65.
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Replies: 11 / Views: 3,464 |
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Posted 10/20/2013 10:07 pm
