GTG - Modern - Silver Eagle

Discussion in 'Coin Chat' started by wcoins, Sep 15, 2018.

  1. wcoins

    wcoins GEM-ber

    What's the grade based on these pics? Click on pics to make them super-size.
    I edited the date so you can't look it up :)

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    Untwitled.jpg
     
    Last edited: Sep 15, 2018
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  3. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

    Well, I'd need the other side to give you a full grade.

    But, that is one of the most scratched up Eagles I've ever seen. Probably a 65 or 66, tops.
     
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  4. wcoins

    wcoins GEM-ber

    Both pics now. Still 65/66?
     
  5. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

    With the significant spotting and luster grazes, yes. There are less scratches than the reverse, but I'm at 66 max on this one.

    Also, it's missing the date for some reason? I'm not sure how knowing the date will change anything.
     
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  6. wcoins

    wcoins GEM-ber

  7. TheFinn

    TheFinn Well-Known Member

    I would say, Bullion grade.
     
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  8. Evan8

    Evan8 Old Soul

    I wouldnt grade it at this, but i think the lable says 68. I dont think they spend much time looking at these IMO
     
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  9. SorenCoins

    SorenCoins Well-Known Member

  10. *coins

    *coins Well-Known Member

    I'm going to guess 69. Exactly what I was thinking - good point @Evan8 .
     
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  11. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

    It shouldn't take more than a couple of seconds to grade these. After a grader has looked at a few thousand of them, any imperfections should be instantly spotted. These don't have the same difficulty of grading as does a circulated Bust dime, for example.
     
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  12. wcoins

    wcoins GEM-ber

    It should take more than that. Some of these are worth four figures.
     
  13. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

    Sure, and some of them have people paying 5 figures, even. Those are extremely few and far between. The vast majority are worth 2 figures. But it's not the value that determines the time - it is the experience.

    Do you know how many Silver Eagles NGC has graded?

    Over 8 million.

    After you've graded a hundred thousand pieces of bullion, I'll bet you could grade the next one in a couple of seconds.

    Even for the actually rare and harder to grade pieces, the graders spend less than a minute per coin. They've graded so many coins that they don't need to spend any more time than that. They aren't going to get any more information.
     
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  14. wcoins

    wcoins GEM-ber

    If the large scratch occured after striking, isn't it enough for a details grade? It's huge. And look at all the others. Maybe they considered it an error but didn't label it such cause it wasn't paid for error label? I wonder if all these defects are pmd or not.
    @physics-fan3.14 @paddyman98
    Untggitled.jpg
     
  15. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

    Yes, they all appear to be PMD.

    And no, they don't appear bad enough for a details label.

    So what's the grade on this?
     
  16. wcoins

    wcoins GEM-ber

    68
     
  17. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

    Wow. Somebody got it wrong.

    And it wasn't me.
     
  18. Idries Pappas

    Idries Pappas US Coin and Stamp Collector

    Could you post a picture of the whole slab so we can see the label?
     
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