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What do dealers pay for Silver Eagles from the Mint?
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<p>[QUOTE="cphine, post: 726309, member: 20940"]Ah! </p><p>Those definately do go for quite a bit of premium, but again, they'd better hope a box has a significant number of 69's and 70's. Even those don't look like they bring in THAT much. The first stikes are about $300, but the normal MS70's go between $70 and %80.</p><p>I mean, PCGS is bulk charging a minimum of $5 per coin that is submitted assuming 60% of what is sent doesn't make the required grade you want...and those that do are $10 apiece. At $5 per coin and 500 coins, we're still talking a minumum of $2500 just to get the box looked at! Am I reading their grading fee scale correctly?</p><p>At roughly a $50 premium for the MS70, you'd need 50 of them to grade that way just to make back the grading fee.</p><p>Phew! *wipes brow* Too much thinking on a Saturday!</p><p>I guess I'll just leave that to the professionals.</p><p> </p><p>I really would still be interested in knowing what their original mint discount is, if anyone happens to know.</p><p>Thanks![/QUOTE]</p><p><br /></p>
[QUOTE="cphine, post: 726309, member: 20940"]Ah! Those definately do go for quite a bit of premium, but again, they'd better hope a box has a significant number of 69's and 70's. Even those don't look like they bring in THAT much. The first stikes are about $300, but the normal MS70's go between $70 and %80. I mean, PCGS is bulk charging a minimum of $5 per coin that is submitted assuming 60% of what is sent doesn't make the required grade you want...and those that do are $10 apiece. At $5 per coin and 500 coins, we're still talking a minumum of $2500 just to get the box looked at! Am I reading their grading fee scale correctly? At roughly a $50 premium for the MS70, you'd need 50 of them to grade that way just to make back the grading fee. Phew! *wipes brow* Too much thinking on a Saturday! I guess I'll just leave that to the professionals. I really would still be interested in knowing what their original mint discount is, if anyone happens to know. Thanks![/QUOTE]
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