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Silver Eagle Condition

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Author Previous TopicReplies: 12 / Views: 2,323Next Topic  
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junior e's Avatar
United States
931 Posts
 Posted 05/23/2011  12:18 pm Show Profile   Bookmark this topic Add junior e to your friends list Get a Link to this Message Number of Subscribers
I am always striving to buy the absolute nicest, mintiest Silver Eagles I can find. When you are buying silver bullion coins how concerned are you about the condition of the coin? I'm afraid my dealer may think that I'm being overly analytical of the coins that I'm buying.
Valued Member
photoeric21's Avatar
United States
206 Posts
 Posted 05/23/2011  12:24 pm  Show Profile   Bookmark this reply Add photoeric21 to your friends list Get a Link to this Reply
The bullion I own is in the form of Morgans, and I don't have too much of a preference for condition.

That being said, if you like MS eagles, then buy MS eagles! It's your money. I don't think your dealer cares too much about what you do, as long as you end up buying.
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United States
648 Posts
 Posted 05/23/2011  1:20 pm  Show Profile   Bookmark this reply Add tripncoins to your friends list Get a Link to this Reply
I personally do not care about the condition when dealing with silver bullion / coins. As long as it is in good condition (even toning).

On the flip side, I am a stickler for pretty, shiny, slabbed things when buying 1 oz gold items.
Edited by tripncoins
05/23/2011 1:22 pm
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mitchhailey's Avatar
United States
1150 Posts
 Posted 05/23/2011  1:28 pm  Show Profile   Bookmark this reply Add mitchhailey to your friends list Get a Link to this Reply
If your buying a roll of new silver eagles in a mint tube, they are all going to be MS69-70.

And my dealer has been pretty rude about some of my coin purchases, but who cares. I've found that most dealers can have bad attitudes, be rude or otherwise not be shy about giving their opinions. But just remember, it is your money and their opinions are only an opinion.
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Silverhawk74's Avatar
United States
3670 Posts
 Posted 05/23/2011  1:40 pm  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
If you want to get them graded down the road, then I see no problem being what I call..."high maintenance", lol. I actually consider high maintenance, taking 30 minutes to pick out a cocktail, and asking if I have a drink list or blue cheese stuffed olives, an I say I can make what ever you would like give me a few, lol. So picking out the best ASE's is something you have the entire right to be doing. As many possible places to buy product, he should just be happy to have the bus, as am I, even if the customer has a silver spoon jammed in their jaw....

Edited by Silverhawk74
05/23/2011 1:46 pm
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Ed_B's Avatar
United States
4008 Posts
 Posted 05/23/2011  11:27 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
I am always striving to buy the absolute nicest, mintiest Silver Eagles I can find. When you are buying silver bullion coins how concerned are you about the condition of the coin? I'm afraid my dealer may think that I'm being overly analytical of the coins that I'm buying. - Junior

I like nice shiny coins without a lot of scratches or dings on them. I prefer BU, AU, and F-VF for the older coins that can be harder to find. No culls through good for me.

As to what the dealer thinks? PFFFT! It is YOUR money and what he thinks is totally irrelevant, IMHO.


Quote:
And my dealer has been pretty rude about some of my coin purchases, but who cares. - Mitch

In my mind, when a salesperson is rude, whether or not they own the shop, they are saying, "I really don't want your business". I oblige them by not shopping there anymore. The world is filled with people who know how to conduct business. Why waste your time, money, and patience on those who do not?
Valued Member
rastatodd's Avatar
United States
487 Posts
 Posted 05/24/2011  12:11 am  Show Profile   Bookmark this reply Add rastatodd to your friends list Get a Link to this Reply
I'm very picky when it comes to my ASE purchases. Most of my buys come off of ebay. There is nothing worse than when a seller describes there ASE as emasculate, and when you get the coin its nothing like what the seller has described. Wish I had a local coin dealer, so as to deal with on a face to face basics.
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Ed_B's Avatar
United States
4008 Posts
 Posted 05/24/2011  11:05 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
There is nothing worse than when a seller describes there ASE as emasculate, and when you get the coin its nothing like what the seller has described.

They are selling castrated coins on ebay these days? The nerve of some people!
Valued Member
Piffin's Avatar
United States
299 Posts
 Posted 05/30/2011  07:00 am  Show Profile   Bookmark this reply Add Piffin to your friends list Get a Link to this Reply
For COLLECTING, I get ASE Proofs or My favorite - Morgans
For Bullion investing, I get ASEs in rolls

For pretty there is no comparison between a proof ASE and a business run
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junior e's Avatar
United States
931 Posts
 Posted 05/30/2011  09:48 am  Show Profile   Bookmark this reply Add junior e to your friends list Get a Link to this Reply
I agree about the Proof Silver Eagles. They are one of the most beautiful coins ever minted. I only have one proof so far. I want to get one of the 2006 Burnished Silver Eagles and then hope to get the whole set in proof. I even want to get the 1995 W Proof, but the price is just spinning away from me. It seems like they are going up $100 per week! Also if I'm going to spend three grand on a coin it will say 1909 S VDB or 1889 cc on it.
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southsav's Avatar
2222 Posts
 Posted 05/30/2011  09:56 am  Show Profile   Bookmark this reply Add southsav to your friends list Get a Link to this Reply
As for SAEs, you are right to go for quality, 69s or 70s, but I don't think the 70s are worth the $$, certainly not the slabbed and alleged first strikes. Thats all hype. I stay away from ones with spots, nicks, scratches, any other blemish. Who cares what the seller thinks, you're the buyer and if they have an attitude, walk away, There are thousands of other who sell.
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junior e's Avatar
United States
931 Posts
 Posted 05/30/2011  11:39 am  Show Profile   Bookmark this reply Add junior e to your friends list Get a Link to this Reply
I don't shoot for the nice Eagles to get more money out of them. I just figure the nicer they are the easier they would be able to sell should that time ever come. I just think that any coin that is sharp and appealing will be not,iced by the buyer, and especially if you present a large amount of bullion for sale.
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Ed_B's Avatar
United States
4008 Posts
 Posted 05/31/2011  4:49 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
I just figure the nicer they are the easier they would be able to sell should that time ever come.

Yes, there is that. Most buyers will have more than one choice when buying coins. I always try to pick the ones that look the best. In most cases, they are the same price or only slightly more than the ones that aren't quite as nice.
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