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2016-W 30th Anniversary Silver Eagle

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Valued Member
nido_the_collector's Avatar
Canada
112 Posts
 Posted 02/20/2017  8:10 pm Show Profile   Bookmark this topic Add nido_the_collector to your friends list Get a Link to this Message Number of Subscribers
Hi everyone,
I have here a 2016-W silver american eagle from the limited edition silver proof set. It has edge lettering because it was the 30th anniversary of the silver eagle.
I posted this wondering if you can tell if its a PF 69 or a PF 70. Also to let you see this beautiful coin!
thanks,
Nido

2016-W-30th-Anniversary-Silver-Eagle



2016-W-30th-Anniversary-Silver-Eagle
Bedrock of the Community
Earle42's Avatar
United States
10038 Posts
 Posted 02/20/2017  11:39 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
A very nice lady indeed!

You will find after being on coin forums that the difference of PF69 and PF70 will depend on what kind of day the graders at the TPG are having and if there was not enough sugar in their coffee.

Grading is an art and not a science. The slabbed coin market depends on how much faith people have in the TPG to "expertly" grade a coin. And some people pay even more money for a hope at getting a CAC sticker to testify the CAC's "better professional expert coin graders" are sure the TPG's "professional expert coin graders" were really the "professional expert coin graders" they claimed to be.


My local store owner is a large dealer. He said he researched with many dealer friends he has in the state of Pennsylvania. They all reported that when they sent in a monster box of ASEs for grading, that a consistent 20& would come back as MS70 and the rest were lower. He said he looking at the ones they grade as MS70, he finds some with rim nicks etc. He is convinced they just pull out a random 20% of the coins from the box and label them as MS70.

The whole MS or PF 70 thing is a gimmicky tool that keeps the TPGS getting customers willing to gamble for perfect grades so people will put a much higher perceived value onto the coin. This is why you will hear words of wisdom from seasoned collectors of "Buy the coin, not the slab."
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 halves
https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2
Edited by Earle42
02/20/2017 11:40 pm
Valued Member
South Africa
331 Posts
 Posted 02/21/2017  12:33 am  Show Profile   Bookmark this reply Add teslacoil to your friends list Get a Link to this Reply
I already have the 2011 W PF 70 need to get me the 2016 W as well
beautiful coin!!
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