1993 P MS-70 Silver Eagle - Problem Sgs Graded

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Author	Replies: 11 / Views: 3,243
cowill10 New Member United States 5 Posts	Posted 09/01/2011 09:38 am I have a 1993 P MS70 Silver Eagle, however it was SGS certified and I have heard that is not a great thing. I did not pay much over spot for it, but I was curious if anyone could give me a good starting value for it? I dod not have an image available right now. I prefer silver eagles and junk silver mostly. Too poor for gold right now. Thanks! Report this Post to the Staff

wrestling_135 Pillar of the Community United States 802 Posts	Posted 09/01/2011 09:49 am I'd pay $45 tops, but that's just me :) Report this Post to the Staff
cowill10 New Member United States 5 Posts	Posted 09/01/2011 09:54 am Thanks 135 - I was just about to post that I paid $49.00 so not too bad. It was the SGS that concerned me. I also got a 2009 Initial Mintage Silver Eagle MS69. I think I paid $55 for it. Report this Post to the Staff
Kefiroth Pillar of the Community United States 1431 Posts	Posted 09/01/2011 12:25 pm I'd personally stay far away from that SGS dealer guy. His coins are ALWAYS grossly over-graded and almost always overpriced. Report this Post to the Staff
Spikey Norman Valued Member Ireland 131 Posts	Posted 09/01/2011 12:45 pm There is one good thing about SGS ... if you're running out of space for your collection/stack, with basement slabbers such as them you can always create more - just crack a coin out of a completely worthless basement slab that will actually inhibit resale, stick it in a mylar or similar and voila instant extra storage space Norm Edited by Spikey Norman 09/01/2011 12:56 pm Report this Post to the Staff
Conder101 Bedrock of the Community United States 17884 Posts	Posted 09/01/2011 1:21 pm Quote: I did not pay much over spot for it, but I was curious if anyone could give me a good starting value for it? Not much over spot. Report this Post to the Staff
CaptainFwiffo Pillar of the Community United States 4132 Posts	Posted 09/01/2011 1:41 pm Pull it out of the SGS slab and put it in an Air-Tite to instantly increase its value! Report this Post to the Staff
cowill10 New Member United States 5 Posts	Posted 09/01/2011 4:05 pm Thanks everyone that is what I was looking for. I think I may very well do that. Report this Post to the Staff
smokeriderdon Pillar of the Community United States 3755 Posts	Posted 09/01/2011 7:17 pm If you really want to know its value send it in to ANACS, let them grade it. IF by chance it grades at 70 its worth more than 50 bucks. granted, that would be the first time I ever saw an SGS 70 actually grade 70 elsewhere. Report this Post to the Staff
schockergd Valued Member United States 397 Posts	Posted 09/01/2011 10:47 pm I wouldn't pay any more than bullion value. However having said that, sometimes a blind squirrel finds a nut once in a while. If it looks great, send it to anacs or NCG. Report this Post to the Staff
cowill10 New Member United States 5 Posts	Posted 09/02/2011 12:10 pm It does look pretty good. At least as good as a few other better rated ones that are MS68-69 that I have. That is why I took it. I just started worrying about the SGS. Thanks for all the help. Report this Post to the Staff
VisigothKing Pillar of the Community United States 4778 Posts	Posted 09/02/2011 1:33 pm Yeah I also heard SGS wasn't that good. Report this Post to the Staff
	Replies: 11 / Views: 3,243

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