the value versus the price pAID

Discussion in 'Coin Chat' started by kaosleeroy108, Sep 4, 2015.

  1. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    OK BACK IN WHAT WAS IT 2008 WHEN THESE FIRST CAME OUT ABUOT THE 47000 error produced by the usmint i was able to find one for about 500 . i agree that is to much to pay for a bullion coin but i did cause i wanted a silver eagle error... now according to the market value ( http://www.ngccoin.com/price-guide/...er-eagle-s1-ms-70-price-history-coinid-534657 ) this coins is worth 1300, im like whats the cause for the hyper inflation???
     
    kaosleeroy108, Sep 4, 2015
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  3. Collecting Nut

    Collecting Nut Borderline Hoarder

    Supply and demand.
     
    Collecting Nut, Sep 4, 2015
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  4. medoraman

    medoraman Well-Known Member

    Supply and Demand, with most of the "Demand" for this coin being its "needed" for Registry Sets.
     
    medoraman, Sep 4, 2015
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  5. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    @kaosleeroy108

    First, the Reverse of '07 is a variety, not an error.

    I assume that the one you bought is an MS70. With that said, I wouldn't rely on any price guide for determining value. You should be checking completed sales/auctions.

    Chris
     
    cpm9ball, Sep 4, 2015
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  6. Dancing Fire

    Dancing Fire Junior Member

    PCGS and NGC price guide are so full of B.S.! ...for most coins even if you paid 60% of guide you still got screwed.
     
    Dancing Fire, Sep 7, 2015
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  7. GDJMSP

    GDJMSP Numismatist Moderator

    upload_2015-9-7_9-11-18.png
     
    GDJMSP, Sep 7, 2015
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