What is so special about this coin?

[coinman_23885]

Can someone please explain why the price is so high on this coin? Even for a top pop/MS70, the price is much higher than the others in the series.

 

http://www.greatcollections.com/Coin/52747/1999-1-Silver-Eagle-NGC-MS-70

[Elbesaar]

 

Its got to be an error - no one in their right mind would bid

1/100 th of that.

 

 

[nunfa0]

Some maniac obsessed with the registry? There are 78 MS70's and the price listed in the coin explorer is $19,000 plus a few dollars. The price for an MS69 is $56 and there are 70,000+ of them.

[mumu]

Troll bidding?

[wheat'swheats]

insufficiently_thoughtful_person with money

[wheat'swheats]

that's not what I said someone took the words out of my mouth

[JStull]

that's not what I said someone took the words out of my mouth

 

It's an automatic word filter in the server that is updated regularly by the admins to filter out words like.

 

I

D

I

O

T

[Raisethis2]

I'll give you $50 for it.

 

 

 

 

 

 

 

 

It's FRICKEN BULLION!!!!!!

[Keigwin]

that's not what I said someone took the words out of my mouth

 

It's an automatic word filter in the server that is updated regularly by the admins to filter out words like.

 

I

D

I

O

T

That's pretty lame.

Lance.

[coinman_23885]

Thank you all for your replies. I knew that top pops often sold for a few grand, but I had never heard of one selling for so much. It's absolutely unbelievable. I'm not a plastic collector and I only dabble with the registry, but if the population is as high as posted, I still wonder why the other MS70s don't sell for as much (not that I would want one anyway).

[RWB]

What is silver selling for...it's just 1-oz of bullion?

[coinman_23885]

What is silver selling for...it's just 1-oz of bullion?

 

That's precisely my view too, but I realize that there is a market for these coins in higher grades. I never had any idea that one would sell for this much. Silver is currently at a bit above $28 as of the moment this is written.

[messydesk]

The Greater Idíot Theory pays off again, I see.

[BROADSTRUCK]

Wow what a shame... A fool and his money will soon be separated!

[coinsbygary]

Wow what a shame... A fool and his money will soon be separated!

 

You can get a commemorative featuring the guy who made that quote (PT Barnum) for pennies on the dollar compared to that SAE.

[nunfa0]

It is the lowest pop MS70 by 37 (78 v 115) from the 1991. The 91 is listed at $4000+. The 1996 has a pop of 128 and is listed at $5000+.

 

It truely is registry lunacy.

[Walkerfan]

I don't care what the pop report or price guide says. As already mentioned, it's just bullion. I would never spent that on a coin (it's not even a real coin, really) in this series EVER NEVER EVER!! This is soooo interesting, though, as I had NO IDEA that they went for that much!!

[jom]

 

jom

[coinsbygary]

Think of all the nice classic coins I could buy with that money!

[Buffalo Head]

[JStull]

that's not what I said someone took the words out of my mouth

 

It's an automatic word filter in the server that is updated regularly by the admins to filter out words like.

 

I

D

I

O

T

That's pretty lame.

Lance.

 

What's pretty lame?

[jom]

that's not what I said someone took the words out of my mouth

 

It's an automatic word filter in the server that is updated regularly by the admins to filter out words like.

 

I

D

I

O

T

That's pretty lame.

Lance.

 

What's pretty lame?

 

"That"

 

jom

 

PS: Sorry...I couldn't help it.

[JStull]

that's not what I said someone took the words out of my mouth

 

It's an automatic word filter in the server that is updated regularly by the admins to filter out words like.

 

I

D

I

O

T

That's pretty lame.

Lance.

 

What's pretty lame?

 

"That"

 

jom

 

PS: Sorry...I couldn't help it.

 

Okayyyyyyyyyyyyy!

[jom]

that's not what I said someone took the words out of my mouth

 

It's an automatic word filter in the server that is updated regularly by the admins to filter out words like.

 

I

D

I

O

T

That's pretty lame.

Lance.

 

What's pretty lame?

 

"That"

 

jom

 

PS: Sorry...I couldn't help it.

 

Okayyyyyyyyyyyyy!

 

Actually, I think it is the word filter he was referring to that was lame.

 

jom

[19Lyds]

I'll give you $50 for it.

 

 

 

 

 

 

 

 

It's FRICKEN BULLION!!!!!!

 

NEWS FLASH!

 

 

ALL coins, without exception, are nothing more than BULLION thats been assayed by the US Government.

[Mary B]

It is a legal tender modern $1 coin... but I would never pay that! Most I have paid for an ASE is $39

[JStull]

It is a legal tender modern $1 coin... but I would never pay that! Most I have paid for an ASE is $39

 

Aw come on now Mary, it's a MS70 and all

[johnny9434]

it sure is a good thing we dont read minds to read what this one was thinking when they bid on it. they must want it pretty bad. jmo

[Plum]

Why all angst about a person being able to afford what they want?

Isn’t this simply an example of the free market and the benefits of capitalism?....or inheritance?

 

 

[Jeffrey Cardona]

Why spend all that money on house when you can buy a bunch of single wides with the money???

 

Why spend all that money on BMW or Mercedes when you can buy a bunch Chevys???

 

If somebody has the resources to buy what they want...more power to them. It is neither silly nor a waste of money. I wish I had the funds...