Guess the grade--2001 PCGS American Silver Eagle

Alright, the traffic on this thread seems to have slowed to the point that I can post the answer. My personal opinion is that this coin is overgraded. There is a small mark on Liberty's right wrist which is OK. However, the mark on the flag in the prime focal area of the coin is not small and IMO, limits the grade at MS68. Furthermore, the fingerprint is distracting to the overall eye appeal and the toning pattern and colors are not anything incredible. It is a nice coin for which I paid $35, but in the end, it is an overgraded modern POS.





I think I should crack it. What say you?

 

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I wouldn't. I don't see any reason to crack it out unless you want to place it in an album of some kind. I'd leave it in the slab as is.

 

I'd keep it in the slab until you decide to sell, then crack it out.

Phoenix

 

I have the opposite thought. I'd keep it in the slab in case you ever decided to sell it. The only time I'd crack it out is if you are 100% sure you will never want to sell it and you want to encase it in something else (an album for example). To the trained eye, it is NT...but once you crack it out you lose a little bit of credibility in the originality of the toning if you ever want to sell it.

 

True, I didn't think of that. I was thinking for the buyer's protection, so they don't end up buying an overgraded coin. Good point. :thumb:

Phoenix

 

if your really dedicated you can have it re slabbed

 

Why would you invest more money into a $35 coin?? Just curious as to your reasoning................ John

 

I think he was kidding. Someone would probably re-slab it hoping for a 70 to sell and make more money. I think the toning is interesting and Lehigh hit the nail on the head at a 68, but I believe with the holder someone would pay 69 money. I don't have a problem with that if someone likes the coin.

 

Ruben,

How is a toned Silver Eagle going to rust???:rolling: There were very few coins ever produced (with the exception of the 1943 Steel Cent) that are going to rust...corrode maybe as in Verdigris, PVC...but rust, no!


Frank

 

I agree wholewheartedly that that is a good point! Break the coin out of the slab and all you are left with is maybe an $18 (give or take a buck or two) coin!


Frank

 

Your right Frank.