What should this grade to?

[Jeff S]

What do you think this this will grade?

2000 LINK

The Reverse is in same shape.

Thanks.

[michael]

guesstimate without seeing the coin in hand sight seen and just a photo of the obverse

 

at least ms67 to ms68 maybe ms69 if IF the coin is almost perfect in my hand sight seen by my eye

[michael]

if the coin is absolute perfection under a 5x glass and the rims edge of the coin are totally perfect with no marks at all not even a miniscule chigger bite and you hit the right day and it is submitted along with 1500 other hand selected silver eagles

 

then possibly pcgs ms70

[Mozin]

What do you modern collectors see in this common stuff?

[cpm9ball]

What do you modern collectors see in this common stuff?

 

The same thing that collectors did 150 years ago!

 

Chris

[Jeff S]

I collect ROOK Playing cards also. So maybe I am not a normal collector. But your question is a good one.

[EZ_E]

What do you modern collectors see in this common stuff?

 

The same thing that collectors did 150 years ago!

 

Chris

 

Chris, that's why we luv ya (well, maybe luv is a little harsh but at least we appreciate ya! ). You bring some good old-fashioned common sense to the boards.

[BankNote1]

Chris, that's why we luv ya (well, maybe luv is a little harsh but at least we appreciate ya! ). You bring some good old-fashioned common sense to the boards

 

Is it common sense to pay many thousands more for a MS70 over a MS69 when nine times out of ten nobody else, even the graders, can tell the difference???

 

I know it is for the registry! I also know it really doesn't have anything to do with the coin it is the number on the slab that counts!

[EZ_E]

BN1,

 

I, too, went through the learning when I reentered the coin hobby three years ago. Through experience, I found that the modern market (bullion & modern issues) is a very poor investment and I do everything I can to avoid it! IMO, most of that market is hype and sensationalism which most likely will not stand the test of time. Yet, Chris had a very good point (although the mintages and number of collectors were far, far less then), i.e. that nineteenth century issues were once modern issues as well. But, after consulting with my numismatic encyclopedia, I discovered that there were no third party grading services nor was there an encapsulation service in 1850. Hence, perhaps Chris did not make a fair analogy since the same ground rules do not apply between the two chronologically separate markets.

 

 

Anyway, I'll shut up now since my intentions are not to offend unless the object of my offense is Chris Machuga and then it's no holds barred!

 

Let the Games Begin, Baby!

 

 

[Jeff S]

Ok.

SO? EZ and Banknote : Minus the lighting glare on the image i have a link to,

What would you grade the coin to? I am very new to coins, But This is what i started on collecting and is not a " Investment " Yes i have accumulated a few extras in my short time , and I will sell them aside from my main sets. I have never sent a coin in to NGC or any other grading service. I did join the collectors-society. So I guess I'm asking for advice on a Image only. The coin actually looks better than this link . So Please help a new guy with a honest opinion of what you see.

Many Many Thanks

[EZ_E]

Based upon the photo, it looks a perfect ms 70 but photos are almost always deceptive. An MS 69 is allowed two small ticks to the coin. So, hold the coin in the light and rotate it about paying very close attention to detail and see if you can locate any flaws whatsoever. If you see none then, who knows, it may grade 70. If you see more than two marks then it would downgrade to at least a 68. However, most modern US Mint products such as the ASE's and proof productions are standardly 69 unless they have been abused or mishandled.

 

Unfortunately, many mint state coins are dipped prior to submission which may come back to haunt the collector. I had a 2003 MS 70 ASE which turned in the holder from dip residue in a year's time. So, the coin went from a $150 coin to a mere $8 coin.

 

I think that alot of the modern products from the mint are very collectable and eye-appealing. The issue which most have is the marketing and pricing structure involved. And, as I already mentioned, the terciary market can be extremely harsh to an individual who does not buy knowledgably.

 

Keep up with these boards and you will certainly grow and mature as a numismatist. Keep coming back, it works if you work it.

[Jeff S]

Ok thanks for the review. this coin is still sealed in a 2000 Millennium Coin and Currency Set. So I think I am safe to rule out it being dipped?

 

Thanks also for the words of encouragement.

[cpm9ball]

BN1,

 

I, too, went through the learning when I reentered the coin hobby three years ago. Through experience, I found that the modern market (bullion & modern issues) is a very poor investment and I do everything I can to avoid it! IMO, most of that market is hype and sensationalism which most likely will not stand the test of time. Yet, Chris had a very good point (although the mintages and number of collectors were far, far less then), i.e. that nineteenth century issues were once modern issues as well. But, after consulting with my numismatic encyclopedia, I discovered that there were no third party grading services nor was there an encapsulation service in 1850. Hence, perhaps Chris did not make a fair analogy since the same ground rules do not apply between the two chronologically separate markets.

 

 

Anyway, I'll shut up now since my intentions are not to offend unless the object of my offense is Chris Machuga and then it's no holds barred!

 

Let the Games Begin, Baby!

 

 

 

Hi, EZ , just got back from the first day of a pool tourney and will go back tomorrow. I'm just running it for a good friend to help him get familiarized with the routine.

 

Speaking of games, Baby................... don't modern-day records stand right alongside some that were set decades and decades ago? They didn't play by the same standards; they didn't use the same equipment, but they are still there together.

 

Granted, there weren't any TPG's and "sonically-sealed wasn't even in the dictionary, but I'll bet many of the astute collectors had their bull sessions just like we are doing, here (Exception: I'm astuteless!) .....gathering information and learning about the coins they were collecting. No, they didn't have computers (as we know them) or the internet, but they did have the Pony Express to keep in touch. Do you think the collectors of yore were locked in a room all to themselves? If that were the case, how could they have collected anything? Which denominations or designs (moderns at that time) were the keepers? They found a way to interact and exchange information in order to make informed decisions.

 

Offended? Me? I can't even offend myself!

 

By the way, did you notice that I'm mixing up my responses rather than follow your progression?

 

Why do I collect SAE's?.......for the same reason you might collect Walkers, or someone else might collect Buffs, or Draped Busts, or SLQ's..........I think they are pretty! If I were collecting strictly for investment potential, I'd collect Las Vegas casinos. If everyone had the same tastes, there would only be one carmaker, one tiremaker, one toolmaker and one flavor of ice cream.........I like chocolate the best!

 

Give Caleb a pat for me!

 

Chris

[cpm9ball]

Is it common sense to pay many thousands more for a MS70 over a MS69 when nine times out of ten nobody else, even the graders, can tell the difference???

 

Not if you made minimum wage!

 

Would it be more fun and challenging trying to discern the difference between the two or searching and finding a few MS68's out of mint bags? Which would give you greater satisfaction?

 

Chris

 

PS. I got a bunch of 67's & 68's out of two $25 bags of CA states quarters!

[michael]

 

 

I, too, went through the learning when I reentered the coin hobby three years ago. Through experience, I found that the modern market (bullion & modern issues) is a very poor investment and I do everything I can to avoid it! IMO, most of that market is hype and sensationalism which most likely will not stand the test of time. Yet, Chris had a very good point (although the mintages and number of collectors were far, far less then), i.e. that nineteenth century issues were once modern issues as well. But, after consulting with my numismatic encyclopedia, I discovered that there were no third party grading services nor was there an encapsulation service in 1850. Hence, perhaps Chris did not make a fair analogy since the same ground rules do not apply between the two chronologically separate markets.

[Oldtrader3]

My quess is that Millennium Silver Eagles got special handling because they are listed in a separate catagory for 2000 Eagles. Dispite that, only (12) have been graded MS70 out of (approx. 1000) submitted.

[SilverDollarMan]

I can't even guess, w/ that pic.

[Jeff S]

Maybe I should post this as a POLL?

[BankNote1]

I wasn't slamming collecting modern coins! I was slamming the crazy money being spent for Super high grade modern coins. Like EZ E said :He had a MS70 coin turn in the holder. As long as coins are being struck with "active" metals and I can't think of a more active metal than copper. You will have a '70 one day and the next time you look at the coin it will be turned to some funky color or develop spots or who knows what kind of milky toning. I don't care what you collect and if MS70 is your thing go ahead and buy as many as you can! But as for me give me a Morgan dollar in an old NGC holder any day!

[Jeff S]

Just for info a 1988 MS70 SAE sold for 13,900$ yesterday on ebay.

EBAY Link

Item number: 3968233164

[SilverDollarMan]

CRAZY!

[cpm9ball]

Just for info a 1988 MS70 SAE sold for 13,900$ yesterday on ebay.

EBAY Link

Item number: 3968233164

 

Geez, do you mean I have to go back and check all of mine?

 

Chris

[rexcat]

Just for info a 1988 MS70 SAE sold for 13,900$ yesterday on ebay.

EBAY Link

Item number: 3968233164

 

So let the chest thumping begin.........

 

 

[Jeff S]

Ok More Info.

The coin I asked about and showed my poor image of. Is going on Ebay now for over $5000.00

2000 Millennium Set Silver Eagle NGC MS70

 

Hummmmmmmmm

And by image alone mine looks alot better. like no sunspot more luster ect.....

My COIN LINK

[Oldtrader3]

I have a Millenium Set as well, but I surely can not tell if the coin is a MS69 or MS70. However, the odds are about 1000:12 (or 80:1 if you prefer) that the coin will grade MS69!