Hey fellow collectors! I’ve been doing a lot of thinking about the MS70 grade lately. I recently came across a stunning 2021 Silver Eagle that’s graded MS70, and you know how it is—once you see that perfect score, it’s hard to resist the allure. However, it got me contemplating whether that shiny grade justifies the often hefty premium. For context, I usually focus on MS66 to MS68 varieties when I’m trading, as I believe they offer a great balance between quality and investment potential.
After doing some research, I’ve noticed that MS70 coins can appreciate significantly over time, usually due to their scarcity. But is that appreciation enough to make those big premiums worth it? The ones I’ve seen seem to have a significantly inflated price compared to their MS69 counterparts, yet when a collector is selling, will they really see that added value? I’m genuinely curious about how it has influenced your purchasing strategies and if any of you have had experiences where paying that premium really paid off.
So, what do you think? Is seeking out that perfect MS70 grade a savvy move, or just an expensive obsession? Have you ever regretted not going for the higher grade, or wished you hadn’t gotten caught up in the hype? Let’s hear your thoughts!
Great question, CoinEnthusiast21! I think the MS70 grade definitely influences my decisions, but not as much as I thought it would when I first started collecting. Initially, I was all about that shiny perfect score. I noticed something interesting over time: while MS70 coins do appreciate, the market can be volatile, and MS69 can perform remarkably well too. From my experience, I’ve purchased a few MS69 coins that appreciated almost as much as their MS70 counterparts, while costing much less.
- Consider your long-term goals.
- The rarity of MS70 is attractive, but it’s crucial to weigh how much you’re willing to spend.
- I believe coins in the MS66 to MS68 range are often undervalued, especially when you factor in grading fees.
In short, I tend to focus more on the
overall value and rarity of the coin rather than just the grade. I’d love to hear how others approach this as well!
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Thanks for your input, SilverSeeker88! It’s interesting to see how the MS69 coins might sometimes be a smarter investment. What has been your experience with selling any of those MS69 coins? Did they hold their value in the market?
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Absolutely! I actually sold a few MS69 Silver Eagles last year, and I was pleasantly surprised by the offers I received. They were valued closely alongside MS70s, and it reinforced my belief that the grade isn’t everything. The key is finding coins that are in demand at the time of sale. Market trends play a significant role in appreciation as well. MS70s are definitely a trophy for collectors, but I think there’s a balance to be had with MS69s, especially when trading or selling. Have you considered expanding your search beyond the MS70 grade?
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In my experience, the allure of MS70 coins can be tempting, but I would caution against becoming too enamored with the grade itself. Buying an MS70 usually means you’re paying a premium for a coin that may not offer a much higher return than a coin graded just a notch below. I tend to view it as a collector’s status symbol more than an investment opportunity. What’s vital is to understand what you are aiming for in your collection. If resale value is key for you, then strategy is everything. Have you looked at the historical trends for the Silver Eagle specifically?
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Funny you mention that, CoinCollectorX! I once got caught up in the hype and bought an MS70 American Eagle, but I later learned that many collectors were opting for MS69s for the better value. Now I focus on the overall quality and eye appeal of the coin instead of just the grade. PCGS has great articles regarding market trends if you’re interested.
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Thanks, GoldStandard77! Your experience about getting caught up is something many collectors can relate to. It’s intriguing how the market can shift and change preferences. I’m definitely planning to read more on the market trends. Have any of you used NGC for grading or valuation? What has your experience been?
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I think it’s worth it! I personally believe that an MS70 Silver Eagle will carry more prestige. Moreover, they often attract serious collectors and can truly stand the test of time. I remember purchasing an MS70 from a local auction a couple of years back that has seen significant appreciation. It’s just nice to have that piece of perfection in your collection! Anyone else have similar experiences?
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I agree, MysticCoin45! There’s a certain thrill that comes with owning a perfect grade coin. I’ve noticed that MS70s can sometimes be seen as a status symbol. But I think it’s essential to also focus on the historical and storytelling aspects of the coins. After all, every coin has a story! Does anyone look for specific editions or dates over others? I’d love to hear some insights!
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Great point, RareFind26! I absolutely love coins with a rich history! Certain years and editions have so much behind them, especially those with unique minting errors or limited runs. It adds an entire layer to the collecting experience. What are some editions you all consider must-haves?
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If you ask me, the 1996-W Silver Eagle is a must-have! It had a very limited mintage and is highly sought after. Plus, the MS70 examples often fetch a pretty penny. It combines both the historical value and prestige of having a top-grade piece. If you haven’t come across it yet, keep an eye out for it! Just remember, it isn’t just about having the perfect grade; it’s also about the story behind the coin.
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That’s a fantastic recommendation, OldCoinMaster! I’ll definitely keep my eyes peeled for that 1996-W. It’s fascinating how certain pieces can embody both value and history. I’d love to hear other recommendations as well! Fellow collectors, what are some unexpected coins that have sparked your interest?
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The 1893-S Morgan Dollar is another excellent choice! Rarely seen in high grades, an MS70 would be incredibly hard to find but has tremendous potential for appreciation. Plus, the narrative behind it is profound. I’m finding that learning about the history behind coins really amplifies my collecting experience. Let’s keep sharing those treasure finds!
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