amercan eagle silver your rating please

I was going deeper into my collection and found this in the back of my morgan dollar collection book and I never rated it according to my coin elite and red book if itis a ms 69 = $50 ,if ms 70 $4000 some of the scratches are in the patina not into coin but i found 2 nicks, 1 above eagle and 1 on shield centered near top of raised line how bad is that considered and how much would it effect the rating...thanks forany input

 

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I don't think it would make 70 if thats what you're asking

 

Sorry to be the bearer of bad news, but you have an MS-69 or lower. Judging from what I'm seeing, and what the current market will bear, you have a $15-$16 coin. Melt is $13.17, plus a couple of bucks bonus for being an American eagle.

Not even a third-tier TPG could give that coin a 70 and still be able to sleep at night.

 

thanks for the info it just looked so purdy and I needed to know, so at least I can give it name and a new home now in my books.

 

With these pics it's really hard to determine a fairly accurate grade. It looks below MS69 from here. The silver eagles get fairly decent money and with this toning would be a nice addition to anybodys dansco. Wouldn't surprise me to see this think get at least $30-35 on Ebay!

 

Think bullion value; grade is of no importance for that coin.

 

Not MS-70, buy for spot plus a couple of bucks.

 

thanks I was unaware that was classed as bullion value. or is that what it is considered for it's condition...