1987 $25 Gold Eagle, NGC Graded MS-69

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Author	Replies: 11 / Views: 1,099
khunchang Valued Member Andorra 54 Posts	Posted 04/21/2023 10:24 am This is the only gold coin in the collection I recently inherited. It's very modern and I don't know why it was graded, because I thought these eagle coins were basically bought for bullion value only. Does this have value in excess of bullion price? Thanks for any thoughts. * Moved by Staff to a more appropriate forum. * Edited by khunchang 04/21/2023 1:40 pm Report this Post to the Staff

smat45 Pillar of the Community United States 2330 Posts	Posted 04/21/2023 12:57 pm She's a beauty! Looking on the PCGS CoinFacts app...4 NGC graded 69's sold about a year ago for $1920 through Heritage Auctions fwiw smat Report this Post to the Staff
khunchang Valued Member Andorra 54 Posts	Posted 04/21/2023 1:39 pm @smat Were those $25 or $50 coins? Report this Post to the Staff
smat45 Pillar of the Community United States 2330 Posts	Posted 04/22/2023 07:15 am $25's If you don't have the app...you should download it. It's a good tool. Once loaded...click on Bullion Coins - click on Gold Eagles 1986-Present - click on $25 Gold Eagle 1986-Present - click on 1987...then swipe right to left 3x's will take you to AUCTIONS. Check it out...I think you'll like it ; ) smat Edited by smat45 04/22/2023 07:17 am Report this Post to the Staff
khunchang Valued Member Andorra 54 Posts	Posted 04/22/2023 07:42 am @smat: Done ... thanks, great app! Report this Post to the Staff
smat45 Pillar of the Community United States 2330 Posts	Posted 04/22/2023 07:49 am Report this Post to the Staff
BH1964 Bedrock of the Community United States 10982 Posts	Posted 04/22/2023 08:33 am Because this piece is dated 1987 (second year of issue) and is a certified American Gold Eagle there is a premium. I am surprised they sell for almost double melt but physical precious metals are hot this year. Here is your coin on NGC's cert page: https://www.ngccoin.com/certlookup/3347144-002/69/ Hope this helps. ANA #R3154474 Report this Post to the Staff
Alpha2814 Pillar of the Community United States 2023 Posts	Posted 04/22/2023 9:50 pm The coin itself looks like 1986 to me. Is that right? Report this Post to the Staff
Dearborn Moderator United States 94666 Posts	Posted 04/22/2023 11:04 pm Quote: The coin itself looks like 1986 to me. Is that right? Good eye! it is a 1986 - Roman numerals MCMLXXXVI Collecting since 1972. Learning from then on "Tell me and I forget. Teach me and I remember. Involve me and I learn." - Benjamin Franklin 7070 type set coin count: 51/76 Uncirculated American Silver Eagles My American Silver Eagle Proof Collection Sacagawea Dollars Innovation Dollars Eisenhower-Dollars Kennedy-Half Dollars Washington-Quarters Roosevelt-Dimes Buffalo-Nickels 1938-2005 Jefferson-Nickels Lincoln-Cents Report this Post to the Staff
smat45 Pillar of the Community United States 2330 Posts	Posted 04/23/2023 10:48 am Quote: The coin itself looks like 1986 to me. Is that right? @Alpha2814 There's quite the difference in price too! With almost 600K minted in 86 compared to only 131K for 87...I could see why... To send back or not? I guess you could sell it as an 86 included in the description mentioning the slab error...maybe there are slab error collectors out there? But then again...some might question it's authenticity altogether? smat Report this Post to the Staff
khunchang Valued Member Andorra 54 Posts	Posted 04/23/2023 11:59 am What a pity (about the difference in price). However, I have to get it re-encapsulated; otherwise, I'm afraid it would be un-sellable. I have already asked NGC about it and they were very responsive. They're sending me a return shipping label. I know it's probably futile, but I'll submit it for a regrade at the same time. I can't see any flaws at all. I suppose there's a chance they'll give it an MS-70. Report this Post to the Staff
drdn Valued Member United States 106 Posts	Posted 05/23/2023 8:44 pm I don't think it has been mentioned but fractional ASE from that era have a significant premium. This is based on rarity and you can see these trends in PCGS price guides. Check out the 1989/90/91 1/2 oz! Report this Post to the Staff
	Replies: 11 / Views: 1,099

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