The Rise and Fall of the Burnished Silver Eagles
The pricing has changed...
So, after a hard days work today I do my favorite thing which is to check my registry sets and see how my coins stand, and also to read the interesting things you all have to say.
I have been a bit perplexed lately as I watched the pricing for my 2006 W Silver Eagle Burnished move from about $100 to $78.
I always felt like maybe that would happen as there was a bit of a "craze" over the new Burnished coins. I paid $89 for mine in raw form, and it graded a MS 69. At the time I bought my coin, they were selling for about $110. I felt strongly it was worth the $89, as this WAS the first issue of a burnished coin, and I really don't collect for monetary gain anyway, as these things do tend to rise and fall in price.
As I have said here before, only collect what you love. And I truly love having the Silver Eagles. I am sure my 2007 W's will not price very high, but I paid very little for those to start with. The coin with the highest gain in my collection is my 2007 Proof SAE which is a PF 70 UC which I bought from the Mint for $28, Numismedia prices it at $112.
My MS 70 ER Gold $5 coin is also a "winner" as I paid $99, and it shows a price of about $130.
But, as I say, these prices will go up and down and sideways. It is fun to watch the values change, but it would be disappointing if these were solely investments monetarily.
I am glad these are solely investments in my happiness.
Thanks again for reading, I hope these coins bring to you much happiness.
0 Comments
Recommended Comments
There are no comments to display.
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now