Are 2020(P) "Emergency Issue" silver eagle over priced?

Discussion in 'Coin Chat' started by MorganDollarGuy, May 25, 2020.

  1. Virginian

    Virginian Well-Known Member

    Botched Post. :(
     
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  3. TVO

    TVO Active Member

    That was discussed above but it boils down to sending a monster box to a grading company.
     
  4. Santinidollar

    Santinidollar Supporter! Supporter

    The monster box has a telltale serial number. The box has to arrive at the grading company with the original seal intact.
     
  5. TVO

    TVO Active Member

    Lots of things have Provenance stories that are interesting and therefore valuable to people. And those stories can’t obviously be on the coin so there has to be some kind of accompanying “verification” with the coin. Not sure why that is sad. I like having a coin I “know” (I guess it’s debatable) was minted (or I guess released) in a different way during a time that is meaningful to me and that little sticker is therefore worth the $12 I paid for it.
     
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  6. Joea59

    Joea59 Member

    To each his own. I understand what you are saying about the 2020 (P) Silver Eagles and that they are connected to covid 19. And that is a time in our history that caused the making of the "Emergency" billions. And I see the provenance in those 2020 (P) Eagles. But the premiums are just to high for me on a coin that they made 240,000 of. But they are still billions to me and that's why I buy the coin itself and not the special label it has. The only thing on the label I care for is the grade of the coin and not if it says "1st Strike" "Early Release" and so on.
    I've seen 69s going for around $55 and 70s over $100. If you don't mind me asking... How did you pay $12 for a coin that has been sent in to get graded and have that label? Or what "little sticker" are you talking about?
     
  7. TVO

    TVO Active Member

    No I might not have been clear. I could get a regular 2020 from LCS for X (online was same price) and the one I bought on eBay with Sticker (slabbed pcgs ms69 with “emergency release” typed on the label) was Xplus $12 when all the shipping and tax and whatnot was over. That is what I meant. The coin was 50$ to my mailbox.
    I guess I jumped into a thread that was started when the premium just for the sticker was way more and the people that bought then might have a problem but now it’s just not that much $.
    I have a Morgan black box that I paid 20-30$ for the package and whatnot. Not a habit of might but I nowhere near opposed to it.

    and a 1st strike ER is maybe 7-10$ more right now than a “reg” ER.
     
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