| Author |
 Replies: 11 / Views: 2,399 |
|
|
Valued Member
United States
111 Posts |
Does the fact that this 2009 Silver Eagle is an early release increase it's value? It has also been graded a MS 69 by NGC.
Thanks,
Teena
|
|
|
|
Valued Member
United States
54 Posts |
Some dealers charge more for early releases saying they are better than later strikes as the dies are less used. The early release means that the coin was usually struck within the first 30 days of minting. This year the mint sold around 20 million silver eagle in January alone. So it is really the preference of the buyer in my opinion.
|
|
Bedrock of the Community
United States
12437 Posts |
"Early Release" is nothing more than a TPG marketing gimmick and it has no bearing on when the coin was struck or how fresh the dies were that struck the coin. To get the designation, a coin must be sent to a TPG within 30 days of the first official sales date. For some series, the entire mintage for a particular year would qualify as "Early Release" simply because the whole production run was completed before the coins went on sale. "First Strike" is basically the same thing as Early Release and adds no extra value either. Edited by biokemist6
06/19/2011 2:17 pm
|
|
Valued Member
 United States
111 Posts |
I'm new to coin collecting. And started buying junk silver and then some Eagles for their bouillon.
While looking for Silver coins to buy I've decided coin collecting is something I'd like to pursue, so I'd like to stick to collecting coins that will increase in value over the years and I'll have a nice collection to pass down to my grand daughter.
So from what I've read and research so far, and also from both of your replies am I right to come to the conclusion that an Eagle will not increase in value due to the fact that it's soul purpose of being minted is for it's bouillon value?
|
|
Pillar of the Community
2224 Posts |
I agree with Biokemist6, and its been stated many times here in CCF. TPG hype. No xtra value and does not mean a thing except to the buyer. |
|
Valued Member
United States
111 Posts |
Thank you. Fortunately according to nuministics I didn't overpay by much. So, I can live with that, lesson learned too. I appreciate all your input since I'm so new and really don't have the time to search through ALL the various posts about this. Happy Fathers Days to you if you are a Father. Hope you get some good coins!
|
|
Pillar of the Community
United States
1348 Posts |
I do not think Sivler eagles will ever not be affected by the Silver market. Maybe in 50 years the 1986 versions will be more colelctable but overall still directly related to the price of silver.
|
|
Pillar of the Community
United States
1348 Posts |
BUT! I also had 20 early realease MS 69 by NGC that I sold on average for about $90 each :)
|
|
Pillar of the Community
United States
526 Posts |
Quote:
I do not think Sivler eagles will ever not be affected by the Silver market. Maybe in 50 years the 1986 versions will be more colelctable but overall still directly related to the price of silver. I would have to agree with this statement with the exception of one year. 1996, look at the mintage for that year and you would agree. I am also talking about the Non-Proof issues. |
|
Valued Member
United States
111 Posts |
Thanks for all the feedback. I love this forum, have learned a lot since this first post.
|
|
Valued Member
United States
92 Posts |
Early Release or First Strike 'sometimes' will help valuation of a 70 coin. Rarely, if ever, does it have any impact on a MS or PF 69.
|
|
Pillar of the Community
United States
584 Posts |
I agree First Strike is just a Marketing tool. But isn't all modern coin grading. How far down the line can one expect a fresh minted eagle to be. They'd have to be 90% 69s or wouldn't quality control step in.
|
| |
Replies: 11 / Views: 2,399 |
|
Posted 06/19/2011 12:06 am
