Silver eagle collection need help!

silver eagle collection need help!
I'm just starting to collect silver eagles I want a NGC MS69 set of the W burnished coins. I just purchased the 2013 W burnished Eagle NGC MS69 in a the bald eagle early releases label. first slabbed Eagle I've bought and I wanna go back and get the back dates the 06,07,08,11 and 12. Should I get them early releases cause I want a matching set. Thoughts?

 

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waste of money...



but, if it makes you happy-- go for it

[Not a slab collector, except for sample slabs.]

 

What do you mean by this?

 

It seems rather clear that this is what you [FONT=&amp]want[/FONT] to do, so go for it. No one here can tell you what you will enjoy, so unless you are asking a direct question about the coins, I am not sure what else can be said. If labels make a difference to you, so be it and by all means, collect them. Personally, I agree that they are a waste of money, but to each his (or her) own.

 

Yeah, I never was on board with the slabbed modern bullion. Modern Eagles will almost always slab either 69 or 70 if handled properly from the original packing. Just try to find a 68, there are almost none of them availalble. So my logic would be if you were building a set of 69's, you would be paying a premium just to tell everyone that you got the bad ones!!!!

 

That he agrees with what Treashunt says and apparently doesn't agree with him often.

 

thanks for the input I'm still not sure what I want to do yet so many options lol

 

yeah, do yourself a favor if you want to collect those and just buy ones that are not slabbed that you can inspect to make sure they are as they should be.....there isn't enough premium on these to warrant the slab so just find nice examples and go for those.....then you can take the money you saved and start a new collection........

 

then again maybe your matching set can fetch a premium for your great grandkids if they save them......i'm not sure about the early release's designation as a whole either as there are dissenting opinions as to if this really actually means anything at all.

 

If you can be patient and nab the Early Releases for the same price as regular label, then go for it.
But if you can do this with MS70 coins that would be much sweeter.

I don't agree that these coins are all MS69 and MS70, especially when you look at the 2006-W, 2007-W and 2008-W Eagles. There are a lot of horrible looking burnished eagles from those dates. These aren't just bullion, get the highest examples you can whether they are slabbed or not.

 

I don't think I have ever really seen dissenting opinions on whether it means anything. As far as I can tell there are two positions:

1. First Strike/Early Release is BS and I want nothing to do with it.

2. First Strike/Early Release is BS, but I'm willing to pay more for it because other people pay more for it and I'll get that money back down the road.

 

Holy mackerel! Doug agreeing with Frank? Gonna be a strange day.

 

think I've decided I'm gonna start and get all the years of the W burnished silver eagles 06,07,08,11,12,13 in MS70. I want perfection of these coins. I'm gonna get PCGS. Gonna start with this years 2013 W PCGS MS70 First strick in the special bald eagle label to signify start of collection. I'm gonna get the back dates in just regular PCGS blue label not first strike.

 

My only question, is if you have X dollars, would you get better growth in 50 years by putting it into slabbed CC Morgan dollars, or would you get the same growth from slabbed AEs? Me, I would bet on the Morgans. Reason being, there are far fewer pristine examples of those than there are pristine AEs.

 

Does that include eliminating all MS70 coins that have machine doubling?

Chris

 

[FONT=&amp]Beyond the fact you are comparing apples to oranges, no one can give you more than an opinion in regards to value fifty years down the road. [/FONT]

 

Nevertheless, it is the 50 year outlook I always take when I invest. I very rarely think in terms of less than 5 or 10 years unless forced to by circumstances.

Hey you may come out correct. Maybe in 50 years the 2013 ASEs will be scarcer than the 18whatever Morgans, but the way the mint is turning the ASEs out? I don't think so.

 

I understand your point, but believe you're missing mine. Generally speaking, coins usually make poor investments and this is especially true with generic material. As given, neither of your examples could even remotely be considered scarce.

[FONT=&amp]I said nothing about which will be scarcer, and only tried to point out the folly of comparing a “pristine” 100+ year old coin (regardless of how common they may be) to a modern bullion product that happens to have a collectible following. [/FONT]