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 Replies: 15 / Views: 2,168 |
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Pillar of the Community
United States
1450 Posts |
I bought a set of Silver Eagles (1986-2016) off ebay for $905 which boils down to about $30 a coin. I think that is not such an awful deal considering some of the early ones are worth much more that spot price of silver. Tell me I did not mess up too badly. The seller was asking $1160 and I started off with an $800 offer. |
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Pillar of the Community
 United States
2843 Posts |
Are they certified and if so what grade?
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Pillar of the Community
United States
4901 Posts |
Recent sales:
Today...full set in album: $905 (yours)
Yesterday: Full set NGC MS69's: $1349
few days ago: NGC 69's $1299,
.............raw set minus 2025,2016 ....$737.65
.............raw set minus 2016:........ $799.99
.............raw set complete........... $812.99
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Pillar of the Community
 United States
1450 Posts |
AW....crap! Probably overpaid again! I should have started my negotiating at $700, but I don't think he would have come down to $800. In fifty years who will care anyway?
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Rest in Peace
United States
17900 Posts |
I'm absolutely certain I won't care in 50 years!
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Pillar of the Community
United States
4901 Posts |
I think 30 bucks a coin is pretty decent. If you tried to build your own set in single coin increments it would definitely be above that price
Price point (set) is probably low because there isn't a huge number of collectors willing to fork over 9 C's in one lump for this set. Better off to sell individually
Edited by Foxwoods Man
11/28/2016 4:57 pm
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Pillar of the Community
United States
4211 Posts |
I think you did just fine at $905 shipped. I wouldn't worry that some have sold for a little less. Just enjoy having the completed set and start picking one up each year to keep it up to date.  |
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Bedrock of the Community
Australia
21786 Posts |
The real price of these is what you can re sell them for.
Don't negotiate with a dealer; they need to make a profit.
That leaves you with the most advantageous situation of selling them privately, most probably via the 'Bay.
Profit or loss is not relised until then.
These are still almost completely influenced by the bullion market, not the numismatic market, and for this reason, should only bought and sold with this idea in mind.
Mind you, there are some damn' nice looking bullion coins out there; just keep in mind that they are bullion coins, no matter what, and that is how you should accumulate them.
The silver is more important than having a complete numismatic set.
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Moderator
 United States
188194 Posts |
Quote:
Price point (set) is probably low because there isn't a huge number of collectors willing to fork over 9 C's in one lump for this set. Better off to sell individually This.  I think you did pretty good.  If you ever have to sell, do it in pieces and you will probably come out way ahead. |
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Bedrock of the Community
Australia
21786 Posts |
Collectors collect in pieces, so that is obviously the best way to sell.
More selling effort is required unfortunately.
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Bedrock of the Community
United States
10034 Posts |
 And if you add up the time/effort it would take to assemble the set (I assume you were not wanting to put that in), then you really did well. Its a beautiful set to behold. Besides, even though most ASEs are bullion, we don't know what the future holds for them necessarily in numismatic value. There are a lot of people, not into PMs, that even now would think these are numismatic items. How much squash could a Sasquatch squash if a Sasquatch would squash squash? Download and read: Grading the graders Costly TPG ineptitude and No FG Kennedy halveshttps://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2 |
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Moderator
United States
15414 Posts |
I assume these are raw bullion issues and not certified collector issues. Correct?
If so ... then you can calculate for yourself the current melt value ... and see for yourself if this was a 'deal' or not.
I suspect not, unless these are certified collector issues.
Either way ... it's now your set and if it makes you happy to gaze over them, then you win.
Best - David
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Pillar of the Community
United States
1450 Posts |
No they are not certified but are in BU condition according to the seller...."buyers are liars and sellers are worse". From what I have read this coin has been around for about 30 years now, so it is collectable in and of itself. If at some point the Mint stops making them then that might enhance the value of existing coins and if they keep making them my set will grow larger every year. How can I lose? I will check back in 15 years if I am still alive and decide if I got a deal. Now I really have a reason to live! I will be a youthful 86 like my old grandpappy.
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Pillar of the Community
United States
4901 Posts |
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Pillar of the Community
United States
7390 Posts |
I think I paid around 1100 for my album set of 1986-2006 with all business strikes and proofs plus the 2006 burnished this time last year
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Pillar of the Community
United States
1913 Posts |
Whether or not it was a fair deal at $905 for the set completely depends on the condition of the coins received. It took me two years to assemble a complete set of raw problem free ASE's. Most that I looked at had rub marks, scratches, finger prints, etc. If you receive ASE's that have these problems, then it was a ripoff. On the other hand, if you receive a set of problem free coins, you did well. Let us know. |
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Replies: 15 / Views: 2,168 |
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Posted 11/28/2016 3:47 pm
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