Grading Eagles

Discussion in 'Bullion Investing' started by scottb, Jan 28, 2018.

?

Is grading Eagles worthwhile?

  1. Yes

    0 vote(s)
    0.0%
  2. No

    100.0%
  1. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Some years are rarer then others but again are you a believer in grading bullion
    coins ? since most produced are already of a high grade.
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. baseball21

    baseball21 Well-Known Member

    Very large, but most newer ones have low premiums.

    You're getting the color verified.

    Again it's not my opinion, it's what the market has shown time and time again
     
    asheland likes this.
  4. Bman33

    Bman33 Well-Known Member

    The 1996 is the lowest mintage and worth the most. I wouldn't have the desire to buy any other graded ASE's but that one. Even then I probably wouldn't.
     
  5. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    the rule of thumb for getting something graded, is if your able to substantially
    Increase the value, remember there are fees that you have to pay, grading, insurance, postage etc, all have to be covered before you make a dime !
     
  6. asheland

    asheland The Silver Lion

    @mpcusa I also wondered why it only got a 66, but upon inspecting it, there is a patch of hits above the motto, after taking those into account, I believe 66 to be pretty accurate. (I sent this one to PCGS myself)
     
  7. baseball21

    baseball21 Well-Known Member

    PCGS does have a thing with ASE where they generally grade them 66-68 when they have strong toning like that for whatever reason. I think it's their way of taking the grade out of the price and just letting people decide what the color is worth on their own
     
    asheland likes this.
  8. mikenoodle

    mikenoodle The Village Idiot

    this sounds dangerously close to market grading these coins... you're contradicting yourself, @baseball21
     
    mpcusa likes this.
  9. asheland

    asheland The Silver Lion

    Indeed, baseball21 is correct about the grade number being secondary. When they straight grade, they are confirming that the color is natural and not done artificially.

    I bought this one raw and loved the color. I compared it to naturally toned eagles, showed the picture to some coin dealers and we all concluded that the color was natural so I sent it off. I wondered why it was a 66 indeed as it's a low grade, but the area above the motto has a patch of hits. (Not all that bad) and hard to see unless you twirl the coin under good light, but enough to warrant the 66 grade.

    Indeed usually they are 65 to 68 when toned, that's just what they grade for some reason. I'm happy with mine as it is. The color is indeed splendid!
     
    Jaelus and baseball21 like this.
  10. Lehigh96

    Lehigh96 Toning Enthusiast

    I'm with @baseball21 on this one. The grade of the toned ASE is immaterial, and the collectors are paying the premium for the color and the increased liquidity that the TPG certification provides. IMO, most all toned ASEs look questionably toned, but that won't stop the plastic collectors from thinking that PCGS plastic equals NT.

    So when @baseball21 says you are getting the color verified, he is correct, and that certification is what generates the price premium.
     
    baseball21 and asheland like this.
  11. mikenoodle

    mikenoodle The Village Idiot

    I agree with both of you. The certification is more of an assurance that the color is deemed natural.
     
    asheland likes this.
  12. baseball21

    baseball21 Well-Known Member

    Toned ASEs are an animal all their own that need to be looked at in a vacuum that don't translate to any broader grading trends. Both PCGS and NGC handle them weird compared to every other series. PCGS grade limits them, and NGC just basically flat out refuses to grade them even if they were sent in a box still sealed from the mint.
     
  13. TheFinn

    TheFinn Well-Known Member

    Just a money game. Dealers like to sell them, but they won't buy them.
     
  14. TheFinn

    TheFinn Well-Known Member

    ANACS grades ASEs toned like this as MS60 - Artificial Toning
     
  15. baseball21

    baseball21 Well-Known Member

    Not everyone of them.

    Besides the overwhelming majority of ASEs they grade are the ones from the monster boxes HSN sends them.
     
  16. Collecting Nut

    Collecting Nut Borderline Hoarder

    Let the dealers send them in for grading. I have purchased many a coin and ASE's for less than the costs of grading them myself.
     
    mpcusa likes this.
  17. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Well since it,s 14-0 currently, i think we can put this subject to rest :)
     
  18. laurab58

    laurab58 New Member

    I have a question. I have a large collection (inherited) of gold coins. About half are newer from 1986 forward, some Eagles, some buffaloes and these are all graded and in the plastic case. I also have a large amount of older gold coins, that are not graded. How do I know if it is worth the money to have them graded?? Its just hard to know. I am trying to learn about these and whether to keep of sell them, which ones to keep or sell. So confusing. I won't even get into all the silver and platinum coins. All the new ones that I took to appraise for sale, I was offered the price of the gold, or a little less. I know you never get retail when you are reselling, but its a scary world out there for us who know nothing. Thanks for listening.
     
  19. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"


    You have to do your research, if you dont know enough about it, take some pics
    and we can try and give you are best advice here, i would not advise grading
    bullion style coins however as premiums and fees can be difficult to get back.
     
  20. Steven Hufschmidt

    Steven Hufschmidt Active Member

    When you guys say ASE Graded are you talking about the burnished ASE or the ASE Bullion?
     
  21. mikenoodle

    mikenoodle The Village Idiot

    Specifically, they are referring to ASEs that have been graded and certified, but they can be referring to either one or even the proofs.
     
    Steven Hufschmidt likes this.
Draft saved Draft deleted

Share This Page