That being said, our recommendation is to not incur the expense to have common date modern-issued silver eagles from the past decade submitted for certification. The large number of recently produced silver eagles that have received a 70 grade doesn’t make these coins rare, by any means. As an example, since 2010, more than 50% of silver eagles submitted to PCGS have received a 70 grade. Coins that receive a grade of Mint State (MS) 69, which means that they’re in high-end uncirculated condition, but not perfect, sell at slightly higher prices than raw coins, with higher prices realized on coins that receive a perfect grade of MS70.ĭepending on the coin and year produced, many modern eagle coins receive a 70 grade. In most cases, the benefit derived from having these coins certified doesn’t justify the expense – at least for the general public. These coins trade relatively close to their underlying precious metals value and by no means are rare. The US Mint produces hundreds of thousands of gold eagles and tens of millions of silver eagles annually. The two most popular bullion coins in the US are American gold eagles and American silver eagles. In this article, we’re going to discuss by type of coin when you should and shouldn’t consider having your coins certified and when it’s cost effective to do so.īullion coins are modern government-issued coins intended for investment purposes. Having a certified coin typically makes it more valuable, but the expense, among other factors, should be taken into consideration before having your coins certified or professionally graded. In most cases, the intent of having coins certified is to increase their value. Of these four, PCGS and NGC stand above the crowd. While many TPGS exist, the four most recognized and accepted are PCGS, NGC, ANACS and ICG. From the perspective of certified coins, this means professionally graded by a third-party grading service (TPGS). With this in mind, we receive multiple daily requests from callers and customers asking to have their items certified. Continue reading to learn how having your coins certified coins can be a great investment or a potential waste of money. Alternatively, not having proper documentation can greatly diminish the value of your item, if not make it near worthless. Having provenance, a chain of custody and verification as to the grade, authenticity and history of a piece can add significant value. This especially applies to items of significant value, such as diamonds, autographs, and memorabilia. In general, we’re prone to wanting to have items certified. Share Copy Email Print Twitter Facebook LinkedIn Are Certified Coins Worth The Expense? An Evaluation By Type of Coin
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