| Author |
 Replies: 16 / Views: 2,886 |
|
New Member
United States
10 Posts |
I recently began collecting some silver eagles. I am wondering what the more experienced members think about the "complete sets." 1986-2017 with a silver eagle for each date available in all MS 69. I see some dealer claims that a complete set with matching holders is more valuable and when specially packaged, more valuable yet. Are these "set" worth the investment?
|
|
|
|
Valued Member
United States
83 Posts |
I would rather select each one individually, unless they are graded sets. I do not currently do slabbed coins, so I am not sure how those collectors handle sets.
|
|
Moderator
 United States
56855 Posts |
Quote:
I see some dealer claims that a complete set with matching holders is more valuable and when specially packaged, more valuable yet. Sounds like they are trying to sell you the slabs. If you collect slabs then go for it. Have you heard the saying: buy the coin not the slab? John1  |
|
Pillar of the Community
United States
3210 Posts |
I have never gotten into graded silver Eagles. I prefer collecting them raw and putting them in dansco albums. I have an album for both regular issues and proof pieces. Just my personal preference on collecting them.
|
|
Pillar of the Community
United States
4901 Posts |
I am a slab person and see no point in collecting graded MS69 bullion ASE's. They sell for a very minimal premium over raw but...I guess if you can buy them at that price then it makes for easier storage and protection. Just don't buy them for future price appreciation... One caveat: the fun of the hunt is a big part of collecting. If you do go the slab route then keep low balling auctions until you have your collection complete. It will keep your interest more than just buying a completed set and putting it away. I just completed a collection of NGC PF70 Pres $1's and had a lot of fun trying to get each year/coin at the best price...this is the ONLY non-precious metal product I collect and it was started on a whim... |
|
CCF Advertiser
United States
1533 Posts |
Dealers send in entire Monster boxes of ASE in order to get a few MS-70's. Most of the rest come back MS-69. People that collect these by date want the perfect coins. MS-69's dealers blow out at what they can get. Naturally a dealer that does this will try and get you to buy the MS-69's, but it is a mistake. If you buy them raw you will also get MS-69s and pay no premium at all for them. Edited by Andrew99
05/31/2017 2:24 pm
|
|
Pillar of the Community
United States
4901 Posts |
Quote:Dealers send in entire Monster boxes of ASE in order to get a few MS-70's. Most of the rest come back MS-69. Quite the contrary... Stats so far for 2017 bullion ASE's from NGC: 219,712 graded (Wow!) MS70...151,593 MS69....54,510 MS68........38 MS67....12,621 MS66.......600 |
|
CCF Advertiser
United States
1533 Posts |
Ok, so 70% come back MS-70. Why would you ever want to buy one of the rejects at any kind of a premium?
|
|
Pillar of the Community
United States
4901 Posts |
Well....the premium is minimal and I guess you can look at it as the cost of a protective plastic covering around your coin that helps with storage...
..also I defy anyone to tellthe difference between a 69 and 70 graded bullion....MOST coins look exactly the same...
|
|
CCF Advertiser
United States
1533 Posts |
The graders claim to be able to do it. They are seeing something on the 69's that DQ them from perfect. Still , even at no premium who would want one of the rejects? Lowball collectors, LOL?
|
|
Moderator
United States
187702 Posts |
Quote:
..also I defy anyone to tellthe difference between a 69 and 70 graded bullion....MOST coins look exactly the same... Agreed. I cannot tell the difference. Quote:
The graders claim to be able to do it. They are seeing something on the 69's that DQ them from perfect. It has been posted before, but I will paraphrase... Send several newly minted modern coins in for grading. Half will be 70 and half 69. Send those same in again and half the time the grade will change (69 to 70, 70 to 69). I honestly do not know how accurate that is, but if I were doing the grading it might be the truth. With that said, I would never pay a significant premium for a 70. |
|
Pillar of the Community
United States
4637 Posts |
Quote:
Send several newly minted modern coins in for grading. Half will be 70 and half 69. Send those same in again and half the time the grade will change (69 to 70, 70 to 69). I'm primarily a US paper currency collector....If I'm reading this correctly, you're saying if I send this back in for grading it may come back a 70 ?  |
|
CCF Advertiser
United States
1533 Posts |
No, I can see at least 2 spots which DQ it from perfect.
Jbuck, that anecdote has been repeated to the point where it is practically an urban legend. I do not believe a word of it. If you are willing to spend $1,000 to do a research project, you can do this experiment. I do not believe anyone actually has and reported on it.
|
|
Pillar of the Community
United States
4901 Posts |
well SteveinTampa:
That coin is a special case with around a $10,000 difference between the two grades. Just under 500 out of almost 5,000 graded 70.
That said...they are very stingy on high value coins because of the above...but it might be worth the relatively small cost in this case. Only issue is that I would NOT send it in the slab for a regrade 'cuz it will come back the same and I would NOT want to be the one who cracks it out. I would tend to keep it as is rather than chance doing a bad thing to that key coin.
..and those "spots" between 3-4 o'clock I believe are dust particles and reflections on the slab...no way to tell from that pic.
|
|
Bedrock of the Community
 United States
12813 Posts |
Steve (and Andrew99), while your points may indeed be valid, that's a slabbed proof 1995 ASE you have a photo of (and a rare one at that). jbuck was talking about bullion coins, which are produced and handled differently than proofs. Edited by CelticKnot
06/01/2017 06:47 am
|
|
Valued Member
United States
411 Posts |
lets stir the pot, you have 38 that are graded MS68 . so why would they not be worth picking up ?
we are talking short print here , right
|
| |
Replies: 16 / Views: 2,886 |
Posted 05/31/2017 05:13 am
