25th Anniversary Silver Eagle Set PRICE WATCH

I agree with DW-coins that PCGS is very inconsistent when grading modern coins and as a result I submit all my modern issues to NGC - PCGS may hold a premium in some cases, but when it comes to PCGS-70 vs NGC-70 the premium is in the single digits. About two years ago (when I stopped submitting to PCGS because of the grading inconsistencies, poor customer service, and arrogant attitude of certain high-level execs) I broke out about a dozen First Spouse and Platinum Eagle 69s and submitted them to NGC - of those, about 80% came back as 70s! I also had looked at all these coins BEFORE submitting to PCGS with a 8x lighted magnifyer and saw no reason that any of these should have been 69s in the first place (if I see a reason that a coin would come back a 69, I usually just sell it raw with the OGP).

 

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PCGS has done a good job of creating a grand illusion with smoke and mirrors. It is a case of the fantasy being much better than the reality. Ask yourself this question: Why would you prefer a company that employs a practice that is at best a marketing gimmick and at worst deceptive. I am speaking of the "first strike" designation, which is laughable, as even the mint cannot with certainty identify which coins were struck first. It is a house of cards which will someday fall.

 

Don't they have another hustle where they arm you for a few more bucks then they stick a little oval metallic green sticker on their slabbed coins?

For a few years I was buying new issue gold bullion from APMEX and MCM. The difference in price in bullion for the same grade between NGC & PCGS is only a few bucks. I assume
the few bucks more for PCGS coins was due to the higher cost to grade with PCGS.

 

http://www.ebay.com/itm/2011-25TH-ANNIVERSARY-SILVER-EAGLE-5-COIN-SET-NGC-PF69-MS69-EARLY-RELEASES-/360410636754?pt=LH_DefaultDomain_0&hash=item53ea25e1d2&autorefresh=true#ht_1764wt_1165

 

MS/PF 70's trading for $2400 this morning - http://www.ebay.com/itm/2011-25th-A...dividual&hash=item53ea266edd&autorefresh=true

 

WOW! That's incredible. And crazy stupid for someone to pay that kind of money......

 

Maybe yes, maybe no. If these sets manage to hit their predicted high of $4000 (see HERE) then I'd say $2400 is a heck of a bargain!

 

Incredible.......

 

I think that the little dip is over- I still think we will see a grand for a single opened set.

 

Some of them want to use you, some of them want to be used by you.

 

I think it's "some of them want to use you" "some of them want to be abused" isn't it?

 

Eh I looked it up and it is both ways lol
That song is classic!

 

Just looked it up. "Some of them want to use you, some of them want to get used by you".

 

http://www.youtube.com/watch?v=rJE_Sc1Wags

lol you guys crack me up.

 

I thought the number of sets on ebay might start dieing down. Was surprised to go there and see 15 pages worth tonight.

 

You mean to tell me this set is still popular?

 

depends on who was singing it. the version you quote was manson, i think

 

A lot of sets have been graded. and a lot will be. between all the PCGS,NGC,ANACS I wonder how many raw sets with the OGP will still exists .

 

Based on the most recent PCGS stats posted here http://www.cointalk.com/t194908/ in post #41, about 65% of these sets are getting 70's.

If this rate continues, I don't think there'll be many left in OGP.

 

thanks.