I have a 1988 NGC MS70 Silver Eagle. I have watched prices on the 1986 and 1987 go up fairly quickly with the 1987 approaching $ 3000. I don't know of any history on the 1988 NGC MS-70 except that there are only 64? of them in existence. It is the next to lowest population of NGC MS70 eagles around. I have heard that Greysheet cited one as going for $14,000 and one of the home TV shopping networks has one for $13,000. NGC newsletter said "its no wonder that the scarce 1988 NGC MS70... can sell for thousands". This is all nice makes me feel warm and fuzzy, but I wonder how realistic these statements are, because they seem a little far-fetched. Anybody have any ideas on a more current realistic price?
Welcome to the forum!!! The best way to get a price for it is to view ended online auctions---while NGC has only graded 64 +/- there could be a good deal more MS70's out there---in fact I would say with a mintage as high as the 88 there are some more---so the price could come down at anytime. I looked at Heritage but they haven't sold any that I could find--- When there isn't a price on ended auctions the value is only a guess---I wouldn't trust what the TV say---most of the time I would be more willing to agree with the Gray sheet but in this case I don't think so either. Since this is a bullion coin---some people don't even considder it a coin---the price really isn't much over spot price....but because people want the high 70 grade for their set they will be willing to pay more---how much no one knows untill one is sold but I would be willing to guess that the price is closer to $1000---a MS70 1988 ASE that was graded by ANACS was put on Ebay for $999 and didn't sell....if the going price is around 14k I think that would have sold. Since NGC is trusted more than ANACS on grading I would say that it would sell. Sorry I can't tell you that its worth 14k but something deep down inside says that its not. Speedy
Welcome!! If I'm reading the pops right, there are 76 NGC graded MS70's. So there are probably half that many PCGS graded. PCGS has a price in their guide of $4000 on their MS70's, what that translates to in the real world I have no idea, but their price guide is notorious for being too high......... Just remember that a NGC is going to get you less money. Still, I guess it's worth whatever someone is willing to pay...
I'd like to know how many 1988 Silver Eagles were minted, how many (in total) were graded by NGC, and how many of those were graded MS70 (both number and percentage of total graded -all grades). I honestly think that TPG and population reports make things seem rare, when they (in the case of millions of modern coins minted) simply aren't. Of course, that doesn't mean you won't be able to sell it for thousands to some sucker.
