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Is This Guy High?

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New Member

United States
11 Posts
 Posted 06/29/2006  8:29 pm Show Profile   Bookmark this topic Add swest to your friends list Get a Link to this Message Number of Subscribers
Ok, I admit I am new to silver eagle collecting but this auction just seems way wrong in terms of price:

http://cgi.ebay.com/1987-Silver-Ame...re_W0QQitemZ190001540174QQihZ009QQcategoryZ39488QQrdZ1QQcmdZViewItem

Is he completely high or am I missing something?
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Bryan1315's Avatar
United States
14454 Posts
 Posted 06/29/2006  8:37 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
thats a key coin in MS-70 so thats about the going rate
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pattiewhack's Avatar
Canada
1152 Posts
 Posted 06/29/2006  8:38 pm  Show Profile   Bookmark this reply Add pattiewhack to your friends list Get a Link to this Reply
well, although the price does seem high, the hoin is graded by a reputable grader at MS-70. MS-70 is the highest grade a coin can achieve bar none. Plus, it is from the 80's, which makes it even harder to come across nowadays. It may seem high, but there are many people who would be willing to pay it.
andrew
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Bryan1315's Avatar
United States
14454 Posts
 Posted 06/29/2006  8:39 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I checked on NGC's website and they use numismedia for their pricing and this is what numismedia says the coin is worth. Click on the picture to be able to read the text
Is-This-Guy-High?
Edited by Bryan1315
06/29/2006 8:40 pm
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pattiewhack's Avatar
Canada
1152 Posts
 Posted 06/29/2006  8:41 pm  Show Profile   Bookmark this reply Add pattiewhack to your friends list Get a Link to this Reply
all I can say is wow
New Member
United States
11 Posts
 Posted 06/29/2006  8:42 pm  Show Profile   Bookmark this reply Add swest to your friends list Get a Link to this Reply
Anyone have a book value on that? I look at PCGS which is known to be the very highest and they don't have a price on that one for MS-70. However, their price for the 1986 MS-70 is $4000. And that coin in every other grade is more expensive than the 1987, as 1986 is more difficult to obtain.

I wonder if the Ms-70 universe is that small for that coin or what. But if the 1986 is more expensive in every grade than the 1987 and at over valued PCGS prices the 1986 is $4000, then I think this guy is high :)
New Member
United States
11 Posts
 Posted 06/29/2006  8:43 pm  Show Profile   Bookmark this reply Add swest to your friends list Get a Link to this Reply
Snap, just made my big statement and gotta put my foot in my mouth. Mmm tastes like chicken.
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Bryan1315's Avatar
United States
14454 Posts
 Posted 06/29/2006  8:46 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
numismedia says 6400.00 for that coin, which thay are usually a little on the high side like PCGS is but that picture above is streight from the NGC website
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United States
604 Posts
 Posted 06/29/2006  8:52 pm  Show Profile   Bookmark this reply Add Buffaloboy5 to your friends list Get a Link to this Reply
I would bid now if I had the money so could score a real deal by then agian I don't collect silver dollars anymore
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madhandles761991's Avatar
United States
577 Posts
 Posted 06/29/2006  9:06 pm  Show Profile   Bookmark this reply Add madhandles761991 to your friends list Get a Link to this Reply
Oh wow - what an investment.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 06/29/2006  9:35 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
The only similar one I can find went for $3250 on ebay, a week ago. I vote he's high. Looking at NGC pops, I kind of wonder why prices are so high - are there enough collectors to keep pops of over 100 into the three-thousand-dollar category?

Ugh. Moderns.
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scoutjim99's Avatar
United States
4589 Posts
 Posted 06/29/2006  9:48 pm  Show Profile   Bookmark this reply Add scoutjim99 to your friends list Get a Link to this Reply
according to what SuperDave feedback was, I guess he was highhhh coming up with that price. Also food for thought supply and demand feed the market, usually even people who are greedy in their pricing get their price, because we give it to them.
Edited by scoutjim99
06/29/2006 9:49 pm
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Dewayne76's Avatar
United States
590 Posts
 Posted 06/30/2006  12:05 am  Show Profile   Bookmark this reply Add Dewayne76 to your friends list Get a Link to this Reply
I would never pay near this price for a bullion coin. As many as were made there could be a couple thousand MS70's not graded yet.
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Bryan1315's Avatar
United States
14454 Posts
 Posted 06/30/2006  01:56 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I am not sure what he smoked to tell you if he's high or not but he is a little on the expensive side according to recent sales of the date
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scoutjim99's Avatar
United States
4589 Posts
 Posted 06/30/2006  03:22 am  Show Profile   Bookmark this reply Add scoutjim99 to your friends list Get a Link to this Reply
LOL, yeah sorry but just the way it was put made me laugh, I guess I was thinking of a more negative meaning..
Valued Member
United States
55 Posts
 Posted 06/30/2006  10:45 am  Show Profile   Bookmark this reply Add rbachman to your friends list Get a Link to this Reply
He might be High in both respects!!
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