just got my first certified coin

Discussion in 'Numismatics' started by schmidtyss, Mar 23, 2011.

  1. schmidtyss

    schmidtyss New Member

    Joined:
    Jan 8, 2011
    Messages:
    78
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    United States
    i just bought a 1996 eagle rated a ms 69 by the ngc i was wondering whats its worth? ..i paid 55 for it but im new to numismatics [​IMG]
    Source: [​IMG]
    Source:
     
  2. errol43

    errol43 New Member Silver Stacker

    Joined:
    Apr 13, 2010
    Messages:
    5,993
    Likes Received:
    15
    Trophy Points:
    3
    Location:
    Bundaberg
    Are you a stacker or a coin collector. If your'e a stacker it is worth $37.50 an if your'e a collector it may be worth what someone is prepared to offer you.

    Regards Errol43
     
  3. Big A.D.

    Big A.D. Well-Known Member Silver Stacker

    Joined:
    Oct 30, 2009
    Messages:
    6,278
    Likes Received:
    186
    Trophy Points:
    83
    Location:
    Sydney
    1996 was the lowest mintage for Silver Eagles with 3,603,386 produced. By comparison, there were 34,662,500 ASEs minted in 2010.

    You've got the rarest ASE in near perfect condition for basically spot + the cost of the slab.

    I think you got a good deal.
     
  4. goldpelican

    goldpelican Administrator Staff Member

    Joined:
    Jun 29, 2009
    Messages:
    17,648
    Likes Received:
    580
    Trophy Points:
    113
    Ditto. 1996 is a good year to own from a numismatics perspective.
     
  5. schmidtyss

    schmidtyss New Member

    Joined:
    Jan 8, 2011
    Messages:
    78
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    United States
    Whoo hoo! glad to know my first venture into slabbed coins was a good one. i figured get one coin to try it out, but now ..who knows i might get 2 or 3 more just to be safe...cover all bases ya know.
     
  6. THUCYDIDES79

    THUCYDIDES79 New Member Silver Stacker

    Joined:
    Sep 1, 2010
    Messages:
    3,572
    Likes Received:
    4
    Trophy Points:
    0
    Location:
    Brisbane/Greenbank

    $37.50 !? You cant buy these coins ( any year ! ) for this much money - even if you were to buy 100 oz worth.

    $55 for the lowest mintage coin in an MS69 NGC slab is a great price.
     
  7. Dynoman

    Dynoman Active Member

    Joined:
    Oct 19, 2010
    Messages:
    1,448
    Likes Received:
    5
    Trophy Points:
    38
    Location:
    Geraldton
    Add $14 for the slabbation great deal there.
     
  8. THUCYDIDES79

    THUCYDIDES79 New Member Silver Stacker

    Joined:
    Sep 1, 2010
    Messages:
    3,572
    Likes Received:
    4
    Trophy Points:
    0
    Location:
    Brisbane/Greenbank
    Even so - at least $39 !
     
  9. schmidtyss

    schmidtyss New Member

    Joined:
    Jan 8, 2011
    Messages:
    78
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    United States
    wow gotta love it when you get a great deal...god this stuff is addicting
     
  10. heyimderrick

    heyimderrick Active Member

    Joined:
    Mar 2, 2011
    Messages:
    1,481
    Likes Received:
    7
    Trophy Points:
    38
    Location:
    USA
    On average I would say ungraded 1996's carry a premium of spot + $10 while others typically come in at spot + $3-4. I deal with these often. You got a good deal. Tuck it away and be happy.
     
  11. schmidtyss

    schmidtyss New Member

    Joined:
    Jan 8, 2011
    Messages:
    78
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    United States
    i will deff tuck it away ...good thing i started collecting silver and such early
     
  12. errol43

    errol43 New Member Silver Stacker

    Joined:
    Apr 13, 2010
    Messages:
    5,993
    Likes Received:
    15
    Trophy Points:
    3
    Location:
    Bundaberg
    Sorry fellow stackers. I know f... all about collector coins. I only buy coins that are at spot plus 10%. I won't comment again on collector coins as I'm not really interested.

    Regards Errol43
     
  13. schmidtyss

    schmidtyss New Member

    Joined:
    Jan 8, 2011
    Messages:
    78
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    United States
    its all good bro.. the ASE can apply to both parties so its a win-win all around
     
  14. kilo

    kilo Well-Known Member Silver Stacker

    Joined:
    Feb 5, 2011
    Messages:
    603
    Likes Received:
    423
    Trophy Points:
    63
    Location:
    Australia
    I recon your spot on errol, bought 4 1986 3 weeks ago avg price 38 delivered
     
  15. kilo

    kilo Well-Known Member Silver Stacker

    Joined:
    Feb 5, 2011
    Messages:
    603
    Likes Received:
    423
    Trophy Points:
    63
    Location:
    Australia
    I recon your spot on errol, bought 4 1986 3 weeks ago avg price 38 delivered


    Edit to add:
    NIce coin BTW schmitdyss, a genuine bargain!
     
  16. THUCYDIDES79

    THUCYDIDES79 New Member Silver Stacker

    Joined:
    Sep 1, 2010
    Messages:
    3,572
    Likes Received:
    4
    Trophy Points:
    0
    Location:
    Brisbane/Greenbank

    $38 delivered !! - thats some cheap silver you got, both the premium over spot paid as well as postage were bargains.

    For every 20 you buy at those prices and conditions you can get a free oz by flipping them here than.
     
  17. schmidtyss

    schmidtyss New Member

    Joined:
    Jan 8, 2011
    Messages:
    78
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    United States
    thanks kilo
     
  18. schmidtyss

    schmidtyss New Member

    Joined:
    Jan 8, 2011
    Messages:
    78
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    United States
    update i just got another ASE 1996 ms69 ...but this time i only spent 50!! and i got a 2009 ASE but not slabbed ...what a great day
     
  19. SilverMark

    SilverMark Member

    Joined:
    Feb 20, 2011
    Messages:
    425
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    QLD
    aaaaah some get all the luck ;)

    nice one
     
  20. schmidtyss

    schmidtyss New Member

    Joined:
    Jan 8, 2011
    Messages:
    78
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    United States
    heres a quick pic [​IMG]
    Source:
     

Share This Page