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1986 Silver Walking Liberty (American Silver Eagle) Value?

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coop's Avatar
United States
62064 Posts
 Posted 02/03/2020  2:04 pm  Show Profile   Bookmark this reply Add coop to your friends list Get a Link to this Reply
I was showing how, big the gap is between the one grade and the prices were so far apart. What differences does this make. Well if it costs more for grading than the coin is worth, what is the point of having them graded. Many collectors will have them submitted thinking they have a high grade coin, when they are not worth sending them in at all. Some new collectors feel even circulated coins are something that must be sent in and graded. Where are they getting these ideas. Someone must be put these ideas out on the net? We get that question asked here a lot, by new forum members. The fact is that it is just certain coins are the high dollar coins. The rest are just collectable coins/album coins and lastly spendable coins.
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Conder101's Avatar
United States
17884 Posts
 Posted 02/03/2020  7:03 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
One reason the early coins are/were rare in top grade was because back then grading was only a MINOR thing. The services might only get 20,000 coins or less per month, and the ASE's were looked upon as just bullion not really a collectible coin. Also the Mint was not trying to strike them to high quality standards. The ASE was just a way to sell off the strategic stockpile of silver. The idea of searching and slabbing them for high grades didn't really come along for several years, by which time a great many of the top quality coins had been mishandled. I think most of the 70's we see today on the early years are quite possibly the result of relaxed standards more recently because the market is demanding 70's.
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hfjacinto's Avatar
United States
7279 Posts
 Posted 02/03/2020  7:05 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
I just went to the LCS picked up an 1986 for $21. I doubt yours is worth more than that.
Edited by hfjacinto
02/03/2020 7:30 pm
Valued Member
103070's Avatar
United States
225 Posts
 Posted 02/04/2020  9:22 pm  Show Profile   Bookmark this reply Add 103070 to your friends list Get a Link to this Reply
Thank you all for your awesome feedback...that's why I like this getting with you all before jumping into things.
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