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 Replies: 17 / Views: 2,109 |
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Valued Member
United States
177 Posts |
I have a 2000 american eagle from litleton coin company, that is still in its original wraping. there are some scraches on the plastic, but as far s I can tell, it looks to be MS70. It even has some light toning. my question: whould it be ecinomical to have it slabbed, or is its littleton pachaging that says "Uncrculated condition" suficient, and how much whould its value go up?
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Pillar of the Community
United States
772 Posts |
I would say no. Littleton... normally when I see the Littleton package, I think to myself, someone got... (I can't think of a word the filter here wouldn't change). Chances are, if they put it in their package, it will not hit 70. Normally, it would have to go almost straight from the mint to a TPG to get 70. Every time you handle it even in the package lowers your chances for the "Perfect" grade. Keep in mind, 70 is Perfect, no tiny/minute inperfection with it at all. 70 would mean none can be better. And I really doubt in a littleton package, you have that chance. Not saying it isn't possible... just not likely. Hopefully this helps. |
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Valued Member
 United States
177 Posts |
as far as I can see, it looks as if it's just of the die. the plastic makes it hard to tell, but I cant find any flaws....
....mabey a MS68. I found a tiney abrasion on the rim, and that leves less room fo dissapointment. whould an airtight be better than what it's in?
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Pillar of the Community
United States
772 Posts |
Yes. The littleton wrapped provides minimal protection.
That abrasion on the rim would keep it from a 70 for sure, no matter the size. I don't want to sound like a broken record, but a 70 has to be perfect.
An airtite would be better as far as providing protection.
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Pillar of the Community
Australia
3831 Posts |
The cost of slabbing and sending it would be enough for you to get another American eagle  My partial coin collection http://www.omnicoin.com/collection/gxseriesMy numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htmRegularly updated at least once a month. |
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Pillar of the Community
United States
772 Posts |
quote:
Originally posted by gxseries
The cost of slabbing and sending it would be enough for you to get another American eagle
...More than enough for you to get another American eagle |
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Pillar of the Community
United States
1703 Posts |
I have MS69's that I cannot see a make of any kind on, if you can see a mark at all,they will downgrade it. Honestly,I wouldn't waste the money having it slabbed.
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Pillar Of The Community
3147 Posts |
The Eagles are NOT packaged by the Mint. They are shipped in hard square plastic tubes to the bullion dealers and coin dealers. Personally I believe you would be by far better off by taking the money you would put into a grading service and buy another Eagle. There are tons of them already slabbed and over priced so you won't be gaining much. Silver is down so buy the silver!
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Pillar of the Community
United States
2365 Posts |
I agree with the general concensus here - don't slab.
Occasionally the Littleton coins will arrive with the slightest hair line scratch. They do not generally grade their coins beyond saying "Uncirculated Condition" or "Brilliant Uncirculated" and so forth. You might see a "Uncirculated 60" on some of their coin packages.
To avoid further bag marks and to get a better look at the coin, I take them out of the Littleton bags and either put them in air tites or 2x2's. I do this carefully and with gloves and only touch the rim of the coin. I keep the bags as the coins are numbered by Littleton.
The quality of Littleton coins is usually high but, then again so are their prices. You always have the option of returning any coins that you're not satisfied with. That's the option from them that I like.
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Valued Member
United States
177 Posts |
I just looked at the prices, and I wish I could return it, but it was a gift and Ive had it for years. with the prices they are at now at littlton, I could buy three MS60's from my dealer!
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Pillar of the Community
United States
2365 Posts |
Keep it FYI especially if you received it from someone that would make the coin more than just a collectible to you. The option would be to trade or sell it ofcourse.
I'm not sure of the long term value of the Littleton Coins. I do know that they've been around for many years and have a good reputation, albeit higher $. Their prices drag behind the current markets as they have printed catalogues and can't re-print them daily to keep up with the current values. I'd say to just keep it in your collection as an investment coin.
Edited by dsking
06/16/2006 10:15 am
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Pillar Of The Community
3147 Posts |
FYI you have learned something today and that is very GOOD! Most of the forum members here have excellent advice, given freely, to help each and every one of us make decisions we sometimes are not quite sure how to make. I would highly recommend a personal dealer, if one is nearby, but would never recommend anyone buy a slabbed Eagle. I don't see the value, or the need, as most unc. Eagles are very very high quality and one must keep in mind they are BULLION coins and mass produced every year. Keep the coin you have for sentimental reason and spend a buck for a 40mm airtite to protect it in! Thats all you need to turn it into a family heirloom and the money you saved can be put into something else you would treasure in your collection in the years to come!
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Valued Member
United States
177 Posts |
I just noticed, my rim dink is on the plastic on the inside of the packaging. when I cut open the packing to put it in the airtight I will check for problems. If I find none, considering that NCG slabbed MS70 american eagles consistanly go for $200 on ebay, I will definently get it slabbed. I also noticed that there are some spots that look to be die chips on the back, but they are very, very small and could just be some of the small particals that made there way into the packing in the last 6 years since I got it. Edited by FYI
06/16/2006 9:38 pm
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Pillar of the Community
United States
604 Posts |
FYI
If I were you i'll just put it in a airtite holder and leave it as it is I mean really do you really want to spend money on getting it slabbed or do you wish to buy more coins. It's just a question you should think about
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Pillar of the Community
Australia
3831 Posts |
There IS a reason why MS70 coins are ridiciously expensive. But considering that PCGS are extremely strict when it gives MS70. Even freshly minted coins by the French mint, that was not even issued to the public was given just a MS69, NOT MS70!
Perhaps, it is some kind of marketing scheme, but often if yours is repacked in another packaging, graders are extremely bias when it comes to modern coins.
My partial coin collection http://www.omnicoin.com/collection/gxseriesMy numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htmRegularly updated at least once a month. |
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Valued Member
United States
218 Posts |
quote:
Originally posted by FYI
how much whould its value go up?
None, the value of the coin is based on its condition, not the opinion of a TPG. Unless it is perfect to your eye (and it obviously isn't since you described a nick) it will not grade 69/70 and therefore it is merely a nice bullion coin slab or not. Bottom line, save your money! |
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Replies: 17 / Views: 2,109 |
Posted 06/16/2006 12:08 am
