I am putting together a set of all bullion issued eagles. I then was planning on buying a few slabbed eagles. I saw on tv tonight a few NGC MS69 W and S minted eagles for $85. I then found the same coins elsewere for about 75. Without the rants on its just bullion. Is it worth it to collect anything less than MS70? I would like to collect a set of all MS 69 or 70 but also getting 2013 s and w mints because they are a decent price.
So the entire collection won't be slabbed? Which ones are you intending to buy that way? My opinion is that if you feel it's worth buying slabbed, go with the top tier variety. Also realize that of those that you don't buy slabbed, you will not be getting many (if any) that are 70s.
Im buying bullion style eagles. These are at spot or close to spot coins. I just wonder if i buy slabbed eagles. Is it worth buying 69 eagles or 70 eagles. Whats to say to the norm, other than "it being typed 70" that an inslabbed coin doesnt look as nice as a slabbed. Is it truly worth buying slabbed. And if so should I stick with 69 or go big with 70's
I would suggest buying them raw as close to spot unless you can find a slabbed MS69 you like for close to unslabbed prices. I have an ungraded set that I put together in an album and the coins all look great. The premium on MS70s are too high, and the raw ones I have look just as nice as them anyway. TC
Quite honestly it depends on your money situation and how much you're willing to spend and whether you're trying to build the best registry set and absolutely can't have anything of "lesser quality" in it. 70's are for marketing and resale, especially so with bullion like the ASE's. Personally go with 69's because to my naked eye I can't tell the difference between a 69 and a 70, and the price difference makes my wallet cry. I'd much rather have 2, 3 coins in 69 than a single one in 70 for the same price. I'm not going to get into the argument of whether you should slab bullion, that's your preference. I buy both when the price dictates.
Putting together an MS-69 set is going to be a lot more cost effective than putting together a '70' set. If you've absolutely, positively gots to have a graded set I say go with the '69'.......the difference between the two grades is minimal. If, however, the OCD kicks in, then by all means go for the '70'.
Before buying MS70s or MS69s buy some raw coins from some dealers and see if you are satisfied with the quality. If you are, then you will save a bunch of money.
If you bide your time, pay attention and don't get antsy, you should be able to compete a set of 69's for cheap, or very close to what raw ASEs sell for. If you're thinking of doing a set of 70s, there are some years that you will pay very dearly for...and I cannot wrap my head around hundreds or even thousands for a bullion ASE...or proof for that matter...
Yea i have about 10 years and its what i enjoy collecting. Maybe 69 is the way to go unless I find a super nice 70 for a good price
Frankly, if I can get an EF or even G4 ASE for spot price, I am happy. It is only going to be melted someday by someone anyway.
No, the lettering in the eagles beak is readable, and most of the feathers are there, so it is to me at least a VF (although I agree the loss of Miss Liberties' sandals lowers the front score). But yes, you prove my point. There are indeed lots of people carrying an ASE in their pocket. I have actually seen people buying gas with them for thee face value. A woman I know keeps two in the glove box of her car. All of them, regardless of their scratches or wear (or how stupidly they were disposed of) are still one ounce of silver and therefore very close in value to a raw ASE of 60 value.
The coin show had a 28 coin MS69 set for $1899. At almost $70 a coin. I just got 3 at close to what unslabbed coins are selling for on ebay.
I meant the lettering on the scroll in his beak. Grading the front of an ASE is easy. I just use the standards for the similar design Walking Liberty half dollar. That brings me to the missing sandal straps. However since the ANA apparently agrees with me the ASE 'coins' aren't true currency, I don't find the ASE in their 'Grading Standards of United States Coins' book. So how to grade the reverse? Fortunately the reverse side is very similar to that of the Barber quarters and half dollars. Similar enough so I use the standards for that coin's reverse. So yes, (even when I average the two #s) I rate Green18's coin somewhere in the VF range. Which is of course, totally meaningless because an ASE is a bullion medallion, not a coin, and it's true value is the spot price of silver today.
If you want to *Collect* a set then I suggest buying NGC Pf69/MS69 coins. If you want to collect bullion just buy tubes, the date doesn't matter just the spot price. I have an NGC 69 set of ASE that I have accumulated over a period of time. If you have patience you can sometimes pickup a good deal on eBay. When you buy a complete set you are paying something for the service provided of accumulating the complete series. The problem with ASE is the Mint keeps finding new ways of selling the same coin. In 2013 there is a proof, Unc and the two coin set so far. That's 4 versions of the same coin. When I started there was only the PF69 coin each year. Maintaining this set is becoming expensive, and once I started collecting ASE, I now feel obligated to keep the set complete. I really wish the Mint would change the design of the ASE, so that my Set would be complete and I could then Stop buying!
