Hey everyone! I recently stumbled upon a couple of reverse proof coins from the U.S. Mint, specifically the 2019-W Enhanced Reverse Proof Silver Eagle. They’re such a unique design and the frosted finish really pops against the mirrored background. However, I’ve been doing a bit of research, and I’m curious about the overall quality and grading of these coins.
From what I’ve gathered, reverse proof coins are rarer and can be quite sought after, but I’ve seen some mixed reviews when it comes to grading. I’ve heard of some collectors having issues with scratches and blemishes straight from the mint. I’ve been considering sending my coins for grading, but I’m worried about how much it might affect their value. Does anyone have experience with this?
What do you all think? Are reverse proof coins worth grading if they are in excellent condition? How do you feel about their resale value compared to their regular proof counterparts? I’m excited to hear your thoughts and experiences!
Absolutely! I’ve been a collector for years, and I can tell you that reverse proof coins, especially the 2019-W Enhanced Reverse Proof Silver Eagle, are truly stunning. The quality can vary significantly though. I’ve noticed that some coins may come with minor issues like scratches or blemishes from the mint. It’s crucial to inspect them closely before considering grading.
In my experience, sent a couple of reverse proofs for grading at PCGS, and they came back at PR70 with no issues, which pretty much doubled their value compared to PR69. But remember, while grading can enhance value, a coin that’s graded PR69 is still a great addition if it’s in excellent condition.
What concerns me is that sometimes the cost of grading can eat into your potential profits. Have you looked into what the grading fees would be?
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Thanks for your insights, @NumismaticNerd! That’s really helpful. I haven’t looked into the grading fees yet, but I’m definitely aware they can add up. I’m hoping to submit them soon and I’ll be careful to check their condition first. Did you find that the resale value went significantly beyond what you expected after grading?
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I share your curiosity, CoinCrazy4U! I’ve also collected some reverse proof coins, and while they’re beautiful, I’ve seen some with really bad scratches right out of the packaging! I think it’s wise to be meticulous when checking the coins. Grading tends to add a layer of authenticity and potential value, but I’m cautious about the costs upfront. Sometimes it seems like it only makes sense for very high-quality pieces. Have you thought about getting them graded as a bulk submission to maybe save on fees?
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Good question, @CoinCrazy4U! After grading, I was pleasantly surprised! Each coin appreciated beyond my expectations—gone from $50 to over $100 each. I think collectors are really drawn to that PR70 designation because it conveys perfection. Just keep in mind not to rush the grading process. It’s worth taking your time to ensure they’re as flawless as possible before submission.
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I’ve bought a few reverse proofs myself and I have mixed feelings. Beautiful coins, but I’ve seen the quality control at the mint take a dive in recent years. It’s frustrating! If you enjoy collecting, then you should consider grading them, but I think it strongly depends on the individual coin’s condition. I’ve also read that NGC has solid grading standards too—might be worth checking them out!
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Great points, @SilverSeeker! I’ll definitely check out NGC as well. Thanks for the tip! It’s frustrating when you invest in a coin and it doesn’t meet your quality expectations. Spread the love for coins, but let’s not forget about the collecting integrity!
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Oh, absolutely! I think reverse proofs are phenomenal. I’ve picked up a few, and I believe they’re a great investment in the long run! As for grading, I say go for it if it visually captivates you. Just remember, coins that depict the frosted vs. the mirrored finish can really impact their appeal, especially among collectors! What’s the main deciding factor for you when thinking about grading?
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@CoinHobbyist123, I think it comes down to a combination of the coin’s condition and personal preference. I just love the aesthetic of reverse proof coins! But those minor imperfections can make or break the decision to grade or not. I’m leaning towards getting mine graded if I can get assurance on their condition first!
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Nice thread! I’ve just started collecting reverse proofs, and I’ve been keeping an eye on online sales. They seem to be rising pretty steadily compared to standard proofs. If you’re wondering about grading, my advice is—if they look stellar, pull the trigger! You may just help yourself make a tidy profit later on!
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@PennyWiseGuy, that’s encouraging to hear! I’m glad I’m not the only one getting into reverse proofs! I’ll definitely keep monitoring how the market trends, especially now that I’m considering grading these. It feels like a smart investment moving forward.
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