MS 70 Silver Eagles - The Worst Silver Purchase I Have Ever Made

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Silver Dragons

Silver Dragons

Күн бұрын

Пікірлер: 453
@garyh1572
@garyh1572 5 жыл бұрын
ms = mint state, i believe .
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Gary H yep that is right 👍🏽🔥🐉
@Nunzi3
@Nunzi3 3 жыл бұрын
There are sooo many grades , who can blame the guy . ✊🏼
@ultramagapurebloodpride8294
@ultramagapurebloodpride8294 2 жыл бұрын
You are correct
@blueshattrick
@blueshattrick 5 жыл бұрын
You'll never get an actual dealer to pay more than whatever their typical rate is for silver Eagles...
@SilverDragons47
@SilverDragons47 5 жыл бұрын
J. Monroe yeah I will never sell these to a dealer... ebay all day 🔥🐉
@dansalamone8217
@dansalamone8217 3 жыл бұрын
This is exactly right. Unless it’s a very rare proof such as the 75th anniversary of WW2 that sold out in like a day. But you’ll have to haggle to get that premium back when it’s time to sell.
@anthonytsi
@anthonytsi 4 жыл бұрын
I just won a slabbed 2013-w pf69 silver eagle for $32.52 on ebay. Did I get a good deal? I have a feeling that I got a great deal.
@ryan_B469
@ryan_B469 Жыл бұрын
Probably not, beware of deals to good to be true. They are often fakes
@CallBigGabe
@CallBigGabe Жыл бұрын
u might have a fake
@ScottOuellette-p1d
@ScottOuellette-p1d 10 ай бұрын
THERE ARE NO PROOF 69. THERE ARE MINT STATE 69. THERE ARE ONLY PROOF 70 BUT THERE ARE MINT STATE 70. MS 69 MS70 PR 70. MINT STATE COINS ARE STRUCK AND HANDLED DIFFERENT FROM PROOF STRUCK COINS.
@ClaytonCountyHistoryHound
@ClaytonCountyHistoryHound 5 жыл бұрын
If those are the worst buying mistakes you have made you are doing great. Thanks for sharing and take care.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Clayton County History Hound thanks I appreciate that! 🔥🐉
@pnwstacker4991
@pnwstacker4991 5 жыл бұрын
I was told by my wife’s uncle who was a PM dealer that in the end you should buy what you like!👍👍😎
@SilverDragons47
@SilverDragons47 5 жыл бұрын
PNW Silver Stacker very true and I like em! 🔥🐉
@WilliamAyres-mr8zx
@WilliamAyres-mr8zx 6 ай бұрын
Agree but research eagles mintage amount
@TIOMKIN1
@TIOMKIN1 5 жыл бұрын
I bought a whole bunch of those slab Silver Eagles years ago what a big mistake. I was just starting out and thought I new what I was Doing which I didn't. I know only buy straight Bullion rolls of Silver Eagles at a much cheaper price. I wish I had seen a video report like yours years ago it would have saved me a lot of money. Thanks for a great report as usual. Out.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
TIOMKIN1 thanks my friend i’m stacking the tubes for sure 👍🏽🔥🐉
@steve83333
@steve83333 4 жыл бұрын
Dude, you did just fine. I have about 100 slabbed Silver Eagles and I will probably never make a penny on them. Thing is, I love them especially my complete PF70 set (no 1995 W of course). I love the proof Eagles as they are just incredible.
@ScottOuellette-p1d
@ScottOuellette-p1d 10 ай бұрын
LIKE YOU I LOVE PR 70 ULTRA CAMEO PROOF EAGLES. I HAVE OVER 1,200 OF THEM ESPECIALLY THE LOW MINTAGE ANNIVERSARY YEARS DIFFERENT MINT MARKS S D P W PRIVY MARK 75. ALL SLABBED PCGS OR NCS DOESN'T MATTER AS LONG AS THEY ARE GRADED AND BEAUTIFUL. NO TONEING NO MILK MARKS.
@WilliamAyres-mr8zx
@WilliamAyres-mr8zx 6 ай бұрын
@@steve83333 Research before buying the mintage rarity.
@WilliamAyres-mr8zx
@WilliamAyres-mr8zx 6 ай бұрын
@@ScottOuellette-p1d yep I'm into those to a little research before buying.
@SpareChangePls
@SpareChangePls 3 ай бұрын
Fun reset idea, trade all the ones you were able to acquire and add money if need be or not idk, then get or try to get a 1995 w mint mark ase, then start your hunt again for the whole set. And have the fun of getting them all again. To have a complete set 😎
@silversharkc4666
@silversharkc4666 2 ай бұрын
@@ScottOuellette-p1d I actually started stacking tubes, bars rounds and ect. but after a couple of years of that morphed into a serious slab collector. As long as there are ms70 (except mint errors that max at ms69) or early date 69s.
@churchillcoins8519
@churchillcoins8519 5 жыл бұрын
Double the spot price is too much for bullion coins. When you purchase Eagles from the mint they are already in MS 63-70 quality.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
C Sanchez I know I just like em 😏🔥🐉
@churchillcoins8519
@churchillcoins8519 5 жыл бұрын
Silver Dragons sometimes that’s all that matters.
@randomizer3775
@randomizer3775 9 ай бұрын
@@SilverDragons47 Hi I'm trying to understand what you mean by double spot price? Is that over the Silver spot price?, or after graded?
@NOTurbuisness-r5q
@NOTurbuisness-r5q 9 ай бұрын
@@SilverDragons47yeah and that’s just liking a stupid money pit. Use my jm bullion code !! Stfu
@airmanma
@airmanma 7 ай бұрын
But you don't know until they are graded, right?
@moosesox
@moosesox 5 жыл бұрын
Well, if that is your worst purchase, then you are doing pretty good. ;-)
@SilverDragons47
@SilverDragons47 5 жыл бұрын
moosesox thanks my friend i’ll take it! 😁🔥🐉
@budx6926
@budx6926 4 жыл бұрын
Dont be cheap
@frankquigley995
@frankquigley995 3 жыл бұрын
I'm just getting into the precious metals market, I am buying manly gold but buy silver as a side thing. Mostly for capital sequestration. I want to buy manly things that will hold value or grow above value. What is the best thing for me in that regard.
@franktownsend2870
@franktownsend2870 3 жыл бұрын
@@frankquigley995 For Silver Eagles, buy NGC PR70, First Strike, Cameo. Having them signed also increases value.
@frankquigley995
@frankquigley995 3 жыл бұрын
@@franktownsend2870 thanks for the info.
@BrassStacks
@BrassStacks 4 жыл бұрын
I just paid $70 shipped for an MS70 2020 ASE and I'm totally happy. It's the last year of the design and I have wanted an MS70 since I started stacking 2 years ago. I doubt the value will go down, but even if it does I'm not planning on selling it. It'll go to my daughter when I'm dead.
@TheAnnoyingBoss
@TheAnnoyingBoss 2 жыл бұрын
I was gifted a Morgan and that's how I see it. Sucker was minted 29 years after Lincoln signed the Imancipation Proclamation. Can't sell that for what people ask. It's priceless to me
@rustybritches6747
@rustybritches6747 Жыл бұрын
NGC has my MS70 PCGS 2020 first strike listed at $100 I paid $52
@IanThecrackerstacker
@IanThecrackerstacker 11 ай бұрын
And she will sell to the first lowball offer
@WilliamAyres-mr8zx
@WilliamAyres-mr8zx 6 ай бұрын
@@BrassStacks I always check the sold price at pcgs before I buy knowing what I may sell it for later if I have to and that I am spending my money wisely.
@bruceliggett8036
@bruceliggett8036 5 жыл бұрын
I don't think you paid to much as long as you enjoy having them as collector pieces. Nice video!
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Bruce Liggett true if I never sell them they are priceless! 🔥🐉
@Lorellejones
@Lorellejones 2 жыл бұрын
Do you feel differently two years later post upload?
@weeklybullion
@weeklybullion 2 жыл бұрын
Hi Silver Dragons. Nice video. I’m curious to here your three-year debrief on this video. I’m looking at current day prices, and I’d I’m right, you should be up close to 150% on these coins. What’s your thought on this today? -WeeklyBULLION
@NelsonFamilyCoins
@NelsonFamilyCoins 2 жыл бұрын
I'm really curious on this too, I just bought 10 MS70 eagles with crazy toning for $35 per at an auction, which is $5 per coin less than local shops here sell regular old eagles for with no grade. I may chuck them on eBay and see what happens.
@genemathews86
@genemathews86 5 жыл бұрын
I started stacking about 6 months ago. Even, as a beginner, I instinctively knew that I wanted ASE’s. I bought two 1986 MS 69’s because that’s the year my deceased wife and I met. I let my dealer talk me into buying two 1994 MS 69,s. I don’t remember how much I paid for them and but, to me, the 86’s priceless
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Gene Mathews yeah you can’t put a price on that! the ASE are the best IMO 🔥🐉
@P0N0
@P0N0 4 жыл бұрын
We think alike. ✌
@joeyboedeker7205
@joeyboedeker7205 3 жыл бұрын
86....first issues
@franktownsend2870
@franktownsend2870 3 жыл бұрын
This would have been an interesting video if he had known what he was talking about.
@debrarodriguez3193
@debrarodriguez3193 3 жыл бұрын
Thank you!
@RMokros
@RMokros 5 жыл бұрын
I would rather pay more for something that is awesome than get a great deal on crap.
@millerforester6237
@millerforester6237 3 жыл бұрын
Ignerntz is rampant
@BlaubartMT
@BlaubartMT 3 жыл бұрын
8 raw silver eagles are more awesome than 4 silver eagles in plastic.
@daniellombardo27
@daniellombardo27 2 жыл бұрын
No, that ain't a bad purchase. We seasoned stackers have the monetary understanding in the bag... we've got the metal in raw bars, low premium round/coins, why not enjoy it in other ways and have a little fun too? What other investment out there also doubles as a great hobby?
@glenh4971
@glenh4971 4 жыл бұрын
There is nothing wrong with buying one slabbed silver eagle each year to keep in your collection. If you like the coin it doesn't matter how much you paid for it.
@TimmithyZERO
@TimmithyZERO 4 жыл бұрын
Good video you're showing the hobby side of silver sometimes it's about fun not profit!
@TruthPoliceLegend
@TruthPoliceLegend 3 жыл бұрын
I wish they (people) would stop grading bullion. It's silly unless it is a very low mintage coin. Just silly.
@ScottOuellette-p1d
@ScottOuellette-p1d 10 ай бұрын
I ONLY BUY LOW MINTAGE PR ULTRA CAMEO EAGLES OR THE NEW LOW MINTAGE PR ULTRA CAMEO MORGAN AND PEACE DOLLAR
@zzyzxRDFwy15
@zzyzxRDFwy15 3 жыл бұрын
This is the worse silver purchase I have ever made. . . but I'm going to buy more. . . I guess it wasn't so bad after all.
@rustipton3018
@rustipton3018 5 ай бұрын
Thank you for your videos. I just started stacking and feel better about getting some collectable in my stack
@josephspataro3946
@josephspataro3946 2 ай бұрын
Congrats bro, gorgeous Eagle. Waiting for mine by the end of this week.
@TherealZacharyCarmichael
@TherealZacharyCarmichael Жыл бұрын
hold up hold up what are they worth now 2023 ?!
@richardrowe1538
@richardrowe1538 Жыл бұрын
I beg to differ. If a slab coin is graded MS 70 with milk spots, it is no longer an MS 70!
@tibs2059
@tibs2059 4 жыл бұрын
These are nice, I have a few myself as well. The ones I like the most are the ones I got for my two daughters. I bought them each one for the year they were born and they are first strikes Proof ms70s. Beautiful coins
@bennyduran6960
@bennyduran6960 3 жыл бұрын
I was just about to order the set. Funny this popped up. Only this one was a set of 3 early releases from each mint office Phili San Francisco and west point. Thoughts?
@gotboost1433
@gotboost1433 4 жыл бұрын
Can't find any slabbed dollar for that price nowadays
@t1259sw
@t1259sw 11 ай бұрын
Nice purchase, did you scan the bar code using PCGS Cert?
@godquest52
@godquest52 5 ай бұрын
So what did you pay for the set?? I have been collecting coins for 45 years.
@robb7371
@robb7371 3 жыл бұрын
Now i dont think its bad $50 is for graded vs $40ish for bullion ones
@lilirobin7136
@lilirobin7136 4 жыл бұрын
We all make mistakes. I have pulled the trigger on two buys only to find them cheaper about one hour later. But in the long run any silver purchase will be a good purchase. I like my purchases but paid too much at the time.
@davidstrangeDMC
@davidstrangeDMC 3 жыл бұрын
American Eagle's notorious for milk spots months after it was minted I have heard even up to a year after they were minted alot of grading companies hate grading American Eagles cuz the spotting and can happen after it was graded it just appear from the detergent not being washed off or a bit gets splashed on before its cooked. Which it looks like you have some milk spots send the milky ones back. The seller should have had a warning about milk spotting on the post!
@chrislaymon284
@chrislaymon284 3 жыл бұрын
sad part is the 1996 is the worst for milk spotting and its the key date for the unc series
@Fireworxs2012
@Fireworxs2012 2 жыл бұрын
"Collect what you love. Love what you collect, and you'll never be disappointed"- Q. David Bowers..., That said, the mintage numbers on SEP's compared to ASE's are ridiculously low*
@mack5233
@mack5233 Жыл бұрын
I think having a variety is way to go especially in the collectors market. Not only eagles but world coin and private issues. My stamp collection actually moved me into pm a decade ago. White spots are from the natural nature of silver. It happens, moisture, humidity. It's not caused by defects in metal. You did good.
@two_legit1832
@two_legit1832 2 жыл бұрын
I have a couple of the Edmond C. Moy signature ASE graded proofs, and I love them and will never part with them.
@xpy1
@xpy1 4 жыл бұрын
Question if I want to buy and sell silver eagles Should I buy proof or or what do you suggest
@nobullshiit5682
@nobullshiit5682 3 жыл бұрын
just picked up a 2021 west point mint sliver eagle type 2 pcgs70 for only 64 bucks and I think I got a super good deal and its a first strike .
@godbluffvdgg
@godbluffvdgg 3 жыл бұрын
What the hell are you talking about? PCGS 70 Eagles have been ALWAYS near double spot. Hence the numismatic value... A slabbed eagle will most often increase or hold it's value.
@jerseybuzz1265
@jerseybuzz1265 2 жыл бұрын
I just recently purchased these and they turned out great I don't think you overpayed on those silver eagles.
@bh8066
@bh8066 2 жыл бұрын
Of course I bought one today a 2013 ASE graded ms70. 50 dollars. I thought it was a good deal. I guess I got duped lol
@GSGExtreme44
@GSGExtreme44 2 жыл бұрын
I've got 3 of these and my pride and joy was endorsed by Rick Harrison from Pawn Stars - Love these coins -
@silvereagle1798
@silvereagle1798 4 жыл бұрын
Also I find that buying one or 2 at a time its counter productive. Is better to keep the urge save and buy 20 or 30 at the same time minimum. A lot sell full collections for very low compared to buying singles or 5 at time.
@epic3932
@epic3932 3 жыл бұрын
I just got me a 2021 type 2 ms70, and I'm totally happy with it! I paid under 70
@JimZRyd
@JimZRyd 3 жыл бұрын
Nice find you have there. I agree with your assessment of slabbed vs stacked. I have been collecting proof ASE's for the past 15 years. Love them and view them just as a collection. I've seen that dealers will typically price the proofs with a decent premium so I'm of the thought you could sell them with that premium if you wanted to.
@chevyblueangel
@chevyblueangel 3 жыл бұрын
I reckon your thoughts will change about these coins when the price of silver shoots up.
@RN25899
@RN25899 Жыл бұрын
Still better than cash in the bank!
@duffygarrison8748
@duffygarrison8748 4 жыл бұрын
Describe MS70 please. What is allowed ? Because I just received a PCGS MS70 first strike P emergency release silver eagle and I noticed on the T in Liberty there is a nic. Can be seen without loop. Not bad but noticeable. Would you say that's a true MS70? I thought MS70 were supposed to be flawless. I primarily stack silver but only bought this and another for a possible profit.
@scottnowlin1692
@scottnowlin1692 3 жыл бұрын
Hey don't forget grading cost along with the spot price
@silverstryke8913
@silverstryke8913 3 жыл бұрын
Remember, scarcity is the name of the game in any collectible piece. 2021 Silver eagles in Type 1 and Type 2 in both proof and uncirculated are a good "long hold" slabs. This year has been phenominal with the US Mint (not happy with the outrageous premiums) that has released several collectibles. I personally have two stacks: 1. Numismatics 2. Buillion (low premiums)........I buy buillions with the profits that by flipping some of my numismatics. Wash, rinse, repeat!
@michaelhansen6977
@michaelhansen6977 2 жыл бұрын
Why are you trying to stack collector coins. Two completely different purposes as those hold numismatic value well beyond bullion pricing. Some silver coins are $40,000.00 each and nobody buys them as bullion.
@ilprepper7378
@ilprepper7378 3 жыл бұрын
It's Feb 16th 2021 and you did well.
@richardc488
@richardc488 5 жыл бұрын
Dam and I got 3 of the 2019-s reverse silver eagles, now what should I do?
@Ffollies
@Ffollies 4 жыл бұрын
What's with this First Strike and First Day thing? Can you even buy these newer Eagles without one of those labels? Why even pay extra for one of those labels?
@gorillahd9247
@gorillahd9247 5 жыл бұрын
You made a good purchase. I collect PCGS graded Silver Eagles and always at the 70 grade. I collect Mint State (MS70), Burnished (SP70), and Proof (PF70) coins. I try to pick up one of each from each mint every year. I also snag the special edition Silver Eagles like the Pride of Two Nations Proof Set with the Silver Eagle and Maple Leaf coins as a graded matched set. I plan on adding PCGS graded Gold Eagles soon. If nothing else, when I die my kids will inherit one heck of a collection and they can do what they want with them. These aren't for stacking - they are intended for collecting and their value is based on condition and rarity. Scott
@roguesilver2888
@roguesilver2888 5 жыл бұрын
your rite from a stacking stand point. but, you gotta collect to for fun too!!! im sure you paid a good premium but there good for collecting!!! thinking about starting to make some videos...not sure yet. dont have a crazy stack but def get new stuff at least every week. love the videos keep stackin!!!
@SilverDragons47
@SilverDragons47 5 жыл бұрын
rogue silver yeah good for collecting bad for stacking... thanks! you should do some videos 👍🏽🔥🐉
@k.stacks2445
@k.stacks2445 5 жыл бұрын
Ya' know this isn't a bad purchase at all dude, these do go up in value they are very highly collectible at ms70. Been collecting them since 2011 a few I have sold recently on eBay I got between $40-$80, that is almost double my money I wish I would've bought a thousand!
@druegillis1744
@druegillis1744 3 жыл бұрын
If you buy something that gives you pleasure and satisfaction along with the ability to increase in value over time, then what the hell? It’s your money. Do with it what you want. Not like buying a new car every 3 years, a depreciating asset.
@billmoorer1263
@billmoorer1263 3 жыл бұрын
I love and collect the eagles 🦅 also but nothing compares to the Morgan silver dollars especially Carson City !!! Cha Ching 💵💵💵
@danielmaldonado6388
@danielmaldonado6388 5 жыл бұрын
Im new at buying silver coin,I buy my first saint-gauden coin. Wonder is worth the same as american eagle? Since both are 1 oz silver?? So are people paying a litter premium just for taste?? When at end it will cost same as any 1oz silver ??
@gnarxy
@gnarxy 4 жыл бұрын
Why can't I find a complete ASE - BU set on JM or APMEX?? Either you have to purchase ASE dates individually or buy a proof set.. doing it on your own individually it is almost $500 cheaper. I don't want to waste my time or money but since 2020 is the last year for the ASE design I wanted to make a complete set.. Should I just set-out to buy the individual dates since it is so much cheaper? Proofs are ridiculously over spot/way too premium.
@spaceforcecommander9062
@spaceforcecommander9062 5 жыл бұрын
I find I'm having the same "weakness" now for Indian pennies. I know I'll never recover the value I pay for them but I want them. It's the same weakness I have for corals. I pay more than I should for "name brand" versions for the corals I want even if I find the same or similar color patterns a few years later.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Space Force Commander yeah I love the indian head pennies! 🔥🐉
@peterhawryluk8430
@peterhawryluk8430 8 ай бұрын
Buying ms70's it can never considered just bullion. Even if the government took everyones gold and silver , they can not take graded coins. If you paid $50 per coin you did well
@slayerstacker2074
@slayerstacker2074 4 жыл бұрын
I've noticed PCGS graded coins are more valuable than NGC and alot more than ANACS.
@DP-yr8vb
@DP-yr8vb 4 жыл бұрын
Hi. I have a 2013 proof American eagle. Which flips the wrong way. Done all Test on it except the acid test. It is bang on with every other test. Can't it be a error mint coin?
@SilverDragons47
@SilverDragons47 4 жыл бұрын
Darius Patel if it flips the wrong way it’s a fake... 🔥🐉
@DP-yr8vb
@DP-yr8vb 4 жыл бұрын
@@SilverDragons47 I agree with your opinion. But just think if it's a error mint coin. How do I verify that? Pcgs... What say?
@SilverDragons47
@SilverDragons47 4 жыл бұрын
Darius Patel all the fakes I have seen look like proofs
@pizansstocksandscratchoffs7701
@pizansstocksandscratchoffs7701 5 жыл бұрын
If you do research on those coins they do appreciate well in value so they are a good buy. You just have to hold onto them for a few years or so.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Nik Pizan they might do well we will see! 🔥🐉
@frankquigley995
@frankquigley995 3 жыл бұрын
I have a coin shop nearby with a lot of 10 oz. Silver bullion of various mints. I want one What is the best thing to buy from them.
@martyscott9872
@martyscott9872 5 жыл бұрын
To have a coin graded by PCGS or NGC is between $30 and $50 dollars alone. So if you paid a little over $30 bucks aka double spot price you got a deal. Look at the graders website and you will see what they actually charge per coin.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Marty Scott good call i’ll check it out thanks! 🔥🐉
@Tony_Allavodka
@Tony_Allavodka 10 ай бұрын
Do you still have these?
@SilverDragons47
@SilverDragons47 10 ай бұрын
yeah
@fifteenbyfive
@fifteenbyfive 4 жыл бұрын
Gotta love those Milk Spot collectors! I'd just buy an ungraded Silver Eagle as close to melt as possible and chances are it's a 69. I just don't understand the draw of a first strike label or a 70 grade. I'd pay $5-6 for the grade and the holder which isn't economically rational since it's more than that to get them graded even in bulk.
@dalesustaire3279
@dalesustaire3279 7 ай бұрын
I like the proof clam shells with papers and box : )
@cyberleaderandy1
@cyberleaderandy1 3 жыл бұрын
I've several MS69 First Strike West Point eagles, not as expensive as the 70s but still a lovely coin from a rarer mint.
@silverwheelspatriot1764
@silverwheelspatriot1764 5 жыл бұрын
Learning to love ASEs
@davidschechter9969
@davidschechter9969 5 жыл бұрын
Buying coins is almost always a losing investment. Notice there are almost no videos regarding reselling. Where are you going to resell? If you go to Ebay, you immediately lose 10% for the fee or 20% commission if you go to an auction house. If you go to a pawn shop, you'll be offered near spot. These MS-70's purchased a double spot will NEVER be profitable. If you buy an index fund in the S&P 500 then that day you may be up a couple of percent (or down) but you don't have to make up a commission fee. Don't get me wrong, I collect currency and have spent a lot of money. I love collecting! I know I have something of value but don't expect a big profit 10 or 20 years from now. What about gold bullion? I bought a lot of gold around 1200-1300 per ounce. If I choose to sell now at 1430 per ounce I may break even. Don't let anyone fool you! Coins, gold, currency...it is a fun hobby but not a legitimate investment vehicle that you will make a fortune off of.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
David Schechter idk look at the early ones they fetch quite a premium on ebay 👍🏽🔥🐉
@davidschechter9969
@davidschechter9969 5 жыл бұрын
@@SilverDragons47 The early silver eagles may fetch a premium. The tens of thousands minted after that don't fetch a premium. Once again, even the increase in bullion prices will unlikely cover the commission if you try to sell. And sure, if you purchase a rare, 1795 $1 silver dollar, then you may turn a profit but that is a professional level of buying and selling. I dare say 99% of all coins and currency will be sold at a loss. You sneaky folks out there that buy on Heritage and sell on Ebay, I know you're there. They buy a lot of currency and coins and pay careful attention to their price and sell on Ebay with razor thin margins. If you sell 20-30 pieces a month averaging 1500 per sale, you can make a small profit. I wish you could prove me wrong. And remember, I love coin and currency collecting and have spent a small fortune. But I look to pay for this money losing hobby by purchasing stuff I hope to break even with one day. I am just speaking facts, feel free to shred my thesis if you think there is a way to make money off this hobby.
@raginggamer2109
@raginggamer2109 5 жыл бұрын
My 2016 30th Anniversary PCGS Slabbed MS40 is also growing milk spots on it! Do you think i should get rid of my slabbed coins or just keep them and move on?
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Optimus Locust it’s up to you... if you like collecting them then keep them! 🔥🐉
@briantristan9602
@briantristan9602 2 жыл бұрын
34 a piece they are 45 easy now
@silvereaglestacker4084
@silvereaglestacker4084 4 жыл бұрын
Thats why I will not buy a slabed coin. I don't trust the cases they come in. if I buy a slabed coin. it better be perfect👌
@amun3-u2o
@amun3-u2o 2 жыл бұрын
Sounds cool to stat collecting a coin from each year. Just ordered my 2022 PCGS MS-70 first strike American Silver Eagle. 😁
@WilliamAyres-mr8zx
@WilliamAyres-mr8zx 6 ай бұрын
@@amun3-u2o I order one also ms70 and it turned out as a bonus that it was ddo new variety I am totally happy check them all under the coin microscope.
@jackiegrice1713
@jackiegrice1713 5 жыл бұрын
Speaking of mistakes... I really want some 1/10 oz silver coins, 10 of them to be exact. I know it's not cheap but how much over sport should I pay for them, the ones I'm looking at cost $40 Australian dollars for 10 and spot in Australia is around $21 AUD I really want them but I just don't want to get ripped off. Should I buy or look elsewhere.
@tallgoofyb
@tallgoofyb 5 жыл бұрын
jackie grice GoldenEaglecoin had some 1/10 ounce "walking liberty" rounds this week for like 1.99 over spot. That shipping to Oz tho🤷‍♂️
@SilverDragons47
@SilverDragons47 5 жыл бұрын
jackie grice but what you like me friend at the end of the day it’s your money! 🔥🐉
@david.9633
@david.9633 8 ай бұрын
Thank you for the episode
@ken-in-KY
@ken-in-KY 3 жыл бұрын
MS stands for MINT STATE. PCGS is a grading service. No one forced you to pay what you did. So quit your whining. The milk spots are from insufficient cleaning at it's mint which left a residue causing the spots. The spots were obviously not there at the time of grading. Toning does not effect the grade. Collectors will often pay more for toning. Even with the spots your coins are still MS70.
@Beachbumartist
@Beachbumartist 5 жыл бұрын
I'm surprised you didn't buy the W version too
@jinh817
@jinh817 4 ай бұрын
I ordered two MS70 FirstStrike slabbed coins from APMEX and both had milk spots.
@straightninestacking4792
@straightninestacking4792 5 жыл бұрын
The new NGC holders are awesome you can actually see the coin edges I love the look of a sharp coin edge.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Straight Nine Stacking yeah for sure reason I just like the PCGS ones 🤷🏽‍♂️🔥🐉
@fredricktoo
@fredricktoo 3 жыл бұрын
MS: mint state
@georgematthews2877
@georgematthews2877 4 жыл бұрын
Morning SD! Sorry for the very tardy reply! I love Silver Eagles also and also buy slabbed ones for the fun of it!! To rephrase the model railroader's creed so it applies: Rule No. 1: This is my collection. Rule No. 2: I f there is something about it you don't like, see Rule No. 1!!!
@mykittenisagrandmaster4381
@mykittenisagrandmaster4381 3 жыл бұрын
If you're lucky you can find ms70 silver eagles cheap
@silverthrone4864
@silverthrone4864 5 жыл бұрын
I purchased the 2016 bullion, burnished, and proof PCGS MS 70, SP 70, and PR DCAM 70 respectively. All First Strike and 30 year aniversary label. As of today, I do not think I will profit if I sell them.
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Silver Throne wait until we hit the 40 year anniversary and then i’ll bet you will 🔥🐉
@GRAMSTACKER
@GRAMSTACKER 5 жыл бұрын
Ive got a few W 2016s 1 PF & 2 MS not slabbed tho. I love the edge lettering that says 30th anniversary😁great video sir👏👏👏
@michaelfettable
@michaelfettable 3 жыл бұрын
MS means Mint State. Indicating that the coin has no visible imperfections or wear, and all mint luster is still present.
@scottconnolly6347
@scottconnolly6347 4 жыл бұрын
I like the NGC graded coins better myself. But it’s all up to the individual.
@davidgarrison9823
@davidgarrison9823 4 жыл бұрын
I bought 2 of the 2020 MS70 P emergency issue silver eagles. Plus I have other eagles that are slabbed and graded MS70PCGS but all the coins have flaws. Contact marks on a letter. How these got MS70grades is beyond me. I have yet to see an ASE that is 100℅ flawless. Now , I just buy them raw.
@creativity.studio4967
@creativity.studio4967 2 жыл бұрын
Occasionally, one flawed ASE will slip by the graders. Of course, those are the ones flippers will sell off on the secondary market. I've had many ASEs graded and I've had 2 or 3 sliders that maybe shouldn't have gotten MS70, but they did. Unfortunately, those are the ones that tend to get all the attention, even though they are in the small minority. I'm perfectly happy with 98% of the MS70s that I've had graded and I'll hang onto them probably forever.
@steveb3448
@steveb3448 2 жыл бұрын
Double spot isn’t bad especially when they will most certainly rise in price. I have some that doubled in 5 years
@vyesitsme9203
@vyesitsme9203 5 жыл бұрын
I really like your 🎈Worst Silver Purchase!🎈Hahahaha Fun is where it’s at, family is very important! I love to collect for fun & those Walkers are beautiful! Silver I like so I thought I would find out about Pouring Silver & Joined your channel! I know I’m late sometimes Whoa! Not Now! Hahahaha Thanks a lot keep up the FUN 🎈👍🎈👍👍 V
@SilverDragons47
@SilverDragons47 5 жыл бұрын
V Yes its me thank you so much my friend! 🔥🐉
@williammiller7362
@williammiller7362 3 жыл бұрын
Still a pretty nice 4 pack. I'm sure you could sell them if you wanted and get back what you paid for them.
@loueckert4970
@loueckert4970 2 жыл бұрын
One of my best coins is a 1986 PF beautiful coin my father in law left us. This got me interested in collecting and now at about 1000 ounces.
@steves2241
@steves2241 4 жыл бұрын
I agree, if you try to sell them to a coin shop they only want to pay $3 over spot. The only way to even get your money back is to sell them to another coin collector. Now if you hold them for 10 years you might make a little profit. But if you want to make the most profit buying and selling silver, buy .999 silver bars for as cheap as you can, then wait for silver to go up and sell for a profit. I had some graded ms69 and ms70 eagles for about a year, and I was lucky to sell them for about what I paid for them. Then I bought some 5 oz. silver bars real cheap, $16 an ounce, and made a nice profit on them when silver was at $28 an ounce.
@TheAnnoyingBoss
@TheAnnoyingBoss 2 жыл бұрын
Yeah but you hold them for ten years and that's ten years you probably coulda made more than you did. Tbh I don't even buy these things to make money. All my coins I found or were gifts
@steves2241
@steves2241 2 жыл бұрын
@@TheAnnoyingBoss Good for you.
@dansalamone8217
@dansalamone8217 3 жыл бұрын
I’m a collector myself. I don’t buy anything graded anymore maybe maybe if it’s a proof. When you go to sell if it’s ms70 most dealers will not give you that premium back.
@ShirlBussman
@ShirlBussman 5 жыл бұрын
Worst purchase? HA! Congrats on almost 6 K subs. Have a great weekend. :-)
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Shirl Bussman thanks so much Shirl! 🔥🐉
@ShirlBussman
@ShirlBussman 5 жыл бұрын
@@SilverDragons47 Your so very welcome. ;D
@martyr4778
@martyr4778 5 жыл бұрын
Yea I bought 40 of them and I bought them for the same reason as you👍 I agree with you SD
@SilverDragons47
@SilverDragons47 5 жыл бұрын
Marty R they are fun and awesome! collect on my friend! 🔥🐉
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