Howdy, I have never before had coins slabbed. However, over the past few years I had bought some nice items from the mint that caused me to mull it over. In 2006 I bought ten silver eagle W's and still had some left. I also bought a couple of proof buffalos in 2006. Last year I bought a 1/4 oz gold eagle W unc from the mint and this year I watched the mintages stay extremely low on these same W unc fractionals that I ended up buying a 1/4 oz and a 1/2 oz. W gold eagle unc. These latter two purchases with mintages under 10K the last I looked convinced me to have the whole slabbed. I went to my local coin shop who and had the choice of PCGS and NGC. However, NGC was quite a bit cheaper and easier to deal with so I went with them. I just got them back today. Gold buffalos 2006-W both Ultra Cameo PF-70 Silver Eagles 2006-W one MS-70 and one MS-69 Gold Eagle Unc 2007-W 1/4 oz MS-70 Gold Eagle Unc 2008-W 1/4 oz MS-70 Gold Eagle Unc 2008-W 1/2 oz MS-70 oooohhh-Rah, cha-ching! peace, rono
Congratulations on your results. Certainly something anyone would be proud to have. Now the (possible) wet blanket. I saw nothing that said you made an extra effort to get these particular coins. So your random acquisition came out on top. That sort of leads me to think that maybe a high percentage of these coins would grade the same. If they were mine I'd be seriously looking to sell them before too many more get graded that high and depress the price. This is not an idle thought. I believe others have postulated the same idea. Something to keep in mind.
Hi Kanga/all, Yes, I was very lucky and it was educational. As for more getting graded this high, the 2006's have probably run the course and mine were very early orders. As for the 2008 fractionals, gee, the mintages, last NumNews were like 3k and 5k. With mintages this small, and no more fractionals like these (so they say), even if most of them do get graded high - feh. These are coins that I don't really collect (I have a set of silver eagles with the W's from 06, 07 and 08 and the same for my grand kids) so these are all fluff. I figured I'd get them slabbed FOR the learning experience AND to make it easier to store them and perhaps sell them some time in the future. But I'm not in any sort of hurry to sell. Still and all, I was a very lucky boy. ;-) take care, rono
The low mintages certainly speak well for the coins retaining market value. Once again, congratulations on your coins.
Maybe. But there's an easy way to know for sure. Check the census. It will tell you how many grade 70, 69, 68, etc. NGC has a much, much higher "70 rate" than PCGS, reflected by lower market prices for NGC 70's.
currently, to get a perfect 70 or 69 were very common. because the pro graders were like to make money fast. so i will never buy slabbed coins. you buy any things directly from the mint. the grade is presumed to be 68 to 70. don't have to spend money for slab. learn how to look and grade the coin. they just using ordinary magnifying glass. we can do it.
Hi Elaine, I generally agree with you and have never sent anything before and these were all still in mint packaging from when I ordered them. I'd just as soon not spend my money getting my real coins slabbed. feh. I got these done because the 2008W fractionals have a chance to become major rare and this clears the way to sell them over the internet should I so choose. The buffs and the rest were in sort of the same category so I included them as part of the experiment. I've never much played with slabs at all. In fact, only within the past year or so have I actually bought slabbed coins over the internet. . . and I as soon as I got them I broke (most of) them out and put them into my albumns. I left a few - a couple of CC morgans and a CC liberty. Oh, and BTW, how about gold and silver these days? cha-ching! rono
to rono: yes. your are right on 2008w american eagle and buffalo fractional. those should be up their prices at least 100% to 200% in the very near future. see 2008 clad proof set, cost $26.95. currently worth $59.95 to $69.95. and still going north.
