2011 American Silver Eagle

Discussion in 'What's it Worth' started by Camreno, Mar 21, 2011.

  1. Camreno

    Camreno Active Member

    Got my first American Silver Eagle today, What would you value this coin at?

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  3. wgpjr

    wgpjr Collector

  4. Camreno

    Camreno Active Member

    I looked on ebay and they are going for more then 38 dollars just wasent sure..

    I dont think these sell for the same as silver per ounce.
     
  5. wgpjr

    wgpjr Collector

    That grading company isn't one of the majors (actually I'm unfamiliar with them), so that's why I gave the generic price. If it was one of the tops TPGs, I could see it selling more for those wanting a bullion coin in that grade.
     
  6. Camreno

    Camreno Active Member

    Would it be worth sending it into to say pcgs or something? Or just keeping it like it is.
     
  7. jcakcoin

    jcakcoin New Member

    (If you got it for under $5 over spot, this wouldn't apply much to you.)

    That coin is not MS70, period, as I see minor marks, one right below the T in Liberty, to mention a few.
    Also, most, almost all CT members (including me) say to NEVER, under any other circumstances, buy from those TPGs. Not surprising, as wpgjr said $38
    My opinion, but it's your collection, and you can do anything with your coins

    If I were you, I would NOT have it regraded (as it will end up in the 68 range), and if you want, take it out of the holder. Your choice, as I said earlier
     
  8. green18

    green18 Unknown member Sweet on Commemorative Coins

    Keep it as it is. Let it be. And it's value is "spot".
     
  9. Camreno

    Camreno Active Member

    That spot is on the plastic not the coin
     
  10. GeorgeM

    GeorgeM Well-Known Member

    No, he means that it is only worth whatever an ounce of silver is worth (aka, the "spot price" of silver). Many people have that attitutude about the US silver bullion rounds.

    I've consistently seen them sell for 2-5% over spot, but the condition of an ASE is far less important than it is for any other US coin. If you're looking for an investment, I recommend grabbing some high end Peace Dollars or US Philippines coins (which also currently trade very close to spot, but I expect to jump up in the next 20 years).
     
  11. green18

    green18 Unknown member Sweet on Commemorative Coins

    Spot on......:)
     
  12. Camreno

    Camreno Active Member

    Oh no sorry i was replying to jcakcoin when he said its not ms 70 because of the spot under the T.
     
  13. green18

    green18 Unknown member Sweet on Commemorative Coins

    Just playin' with ya Camreno.....:)
     
  14. Camreno

    Camreno Active Member

    Its all good, Thanks for all the info, I paid 40 for it so I dont think i did to bad :p
     
  15. green18

    green18 Unknown member Sweet on Commemorative Coins

    You did rather well in my estimation. :)
     
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