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

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In this video I talk about what is perhaps the worst silver purchase I have ever made. I talk about how I purchased these slabbed ms 70 american silver eagles for over double spot and how crazy that is! These are incredibly over priced for silver bullion and are not for stacking. These ms 70 silver eagle coins are for collecting only. I do give some tips on silver stacking and silver stacking advice throughout the video as well. I am going to be collecting these ms70 first strike american silver eagles for my own personal collection moving forward because I like them. I do like the PCGS slabs so that is why I decided on these for my ms70 eagles. I plan on picking up one every year moving forward. The reason that I say this is the worst silver purchase I have ever made is because these coins have a higher premium than I have ever paid for silver coins before.
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Topics I cover in this video: silver stacking, silver purchase, worst silver purchase, silver stacking tips, silver stacking advice, silver stacking 2019, silver bullion, silver coins, slabbed silver coins, ms70, ms 70 eagles, american silver eagles, ms70 american silver eagles, silver eagles, stacking silver eagles, pcgs, ms 70 silver eagles

Опубликовано:

18 июн 2019

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Комментарии : 441

@garyh1572 5 лет назад

ms = mint state, i believe .

@SilverDragons47 5 лет назад

Gary H yep that is right 👍🏽🔥🐉

@Nunzi3 2 года назад

There are sooo many grades , who can blame the guy . ✊🏼

@ultramagapurebloodpride8294 2 года назад

You are correct

@pnwstacker4991 5 лет назад

I was told by my wife’s uncle who was a PM dealer that in the end you should buy what you like!👍👍😎

@SilverDragons47 5 лет назад

PNW Silver Stacker very true and I like em! 🔥🐉

@WilliamAyres-mr8zx 17 дней назад

Agree but research eagles mintage amount

@blueshattrick 5 лет назад

You'll never get an actual dealer to pay more than whatever their typical rate is for silver Eagles...

@SilverDragons47 5 лет назад

J. Monroe yeah I will never sell these to a dealer... ebay all day 🔥🐉

@dansalamone8217 3 года назад

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.

@ClaytonCountyHistoryHound 5 лет назад

If those are the worst buying mistakes you have made you are doing great. Thanks for sharing and take care.

@SilverDragons47 5 лет назад

Clayton County History Hound thanks I appreciate that! 🔥🐉

@steve83333 4 года назад

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.

@user-do4wn5pk4j 4 месяца назад

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 2 дня назад

@@steve83333 Research before buying the mintage rarity.

@WilliamAyres-mr8zx 2 дня назад

@@user-do4wn5pk4j yep I'm into those to a little research before buying.

@BrassStacks 3 года назад

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 Год назад

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 Год назад

NGC has my MS70 PCGS 2020 first strike listed at $100 I paid $52

@IanThecrackerstacker 5 месяцев назад

And she will sell to the first lowball offer

@WilliamAyres-mr8zx 2 дня назад

@@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.

@churchillcoins8519 5 лет назад

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 5 лет назад

C Sanchez I know I just like em 😏🔥🐉

@churchillcoins8519 5 лет назад

Silver Dragons sometimes that’s all that matters.

@randomizer3775 3 месяца назад

@@SilverDragons47 Hi I'm trying to understand what you mean by double spot price? Is that over the Silver spot price?, or after graded?

@user-gj6rl7po9q 3 месяца назад

@@SilverDragons47yeah and that’s just liking a stupid money pit. Use my jm bullion code !! Stfu

@airmanma Месяц назад

But you don't know until they are graded, right?

@TIOMKIN1 5 лет назад

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 5 лет назад

TIOMKIN1 thanks my friend i’m stacking the tubes for sure 👍🏽🔥🐉

@bruceliggett8036 5 лет назад

I don't think you paid to much as long as you enjoy having them as collector pieces. Nice video!

@SilverDragons47 5 лет назад

Bruce Liggett true if I never sell them they are priceless! 🔥🐉

@TimmithyZERO 3 года назад

Good video you're showing the hobby side of silver sometimes it's about fun not profit!

@JimZRyd 2 года назад

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.

@GRAMSTACKER 5 лет назад

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👏👏👏

@tibs2059 4 года назад

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

@moosesox 5 лет назад

Well, if that is your worst purchase, then you are doing pretty good. ;-)

@SilverDragons47 5 лет назад

moosesox thanks my friend i’ll take it! 😁🔥🐉

@budx6926 4 года назад

Dont be cheap

@frankquigley995 3 года назад

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 3 года назад

@@frankquigley995 For Silver Eagles, buy NGC PR70, First Strike, Cameo. Having them signed also increases value.

@frankquigley995 3 года назад

@@franktownsend2870 thanks for the info.

@RMokros 4 года назад

I would rather pay more for something that is awesome than get a great deal on crap.

@millerforester6237 3 года назад

Ignerntz is rampant

@BlaubartMT 3 года назад

8 raw silver eagles are more awesome than 4 silver eagles in plastic.

@genemathews86 5 лет назад

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 5 лет назад

Gene Mathews yeah you can’t put a price on that! the ASE are the best IMO 🔥🐉

@P0N0 4 года назад

We think alike. ✌

@joeyboedeker7205 3 года назад

86....first issues

@rdoyle4401 4 года назад

Gorgeous! My daughter LOVES THESE COINS. NICE VIDEO 😄

@mack5233 7 месяцев назад

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.

@straightninestacking4792 5 лет назад

The new NGC holders are awesome you can actually see the coin edges I love the look of a sharp coin edge.

@SilverDragons47 5 лет назад

Straight Nine Stacking yeah for sure reason I just like the PCGS ones 🤷🏽‍♂️🔥🐉

@jerseybuzz1265 Год назад

I just recently purchased these and they turned out great I don't think you overpayed on those silver eagles.

@davidstrange2482 3 года назад

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 3 года назад

sad part is the 1996 is the worst for milk spotting and its the key date for the unc series

@nobullshiit5682 3 года назад

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 .

@david.9633 2 месяца назад

Thank you for the episode

@roguesilver2888 5 лет назад

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 5 лет назад

rogue silver yeah good for collecting bad for stacking... thanks! you should do some videos 👍🏽🔥🐉

@TruthPoliceLegend 3 года назад

I wish they (people) would stop grading bullion. It's silly unless it is a very low mintage coin. Just silly.

@user-do4wn5pk4j 4 месяца назад

I ONLY BUY LOW MINTAGE PR ULTRA CAMEO EAGLES OR THE NEW LOW MINTAGE PR ULTRA CAMEO MORGAN AND PEACE DOLLAR

@franktownsend2870 3 года назад

This would have been an interesting video if he had known what he was talking about.

@debrarodriguez3193 3 года назад

Thank you!

@glenh4971 3 года назад

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.

@lilirobin7136 3 года назад

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.

@richardrowe1538 7 месяцев назад

I beg to differ. If a slab coin is graded MS 70 with milk spots, it is no longer an MS 70!

@gorillahd9247 4 года назад

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

@epic3932 2 года назад

I just got me a 2021 type 2 ms70, and I'm totally happy with it! I paid under 70

@martyr4778 5 лет назад

Yea I bought 40 of them and I bought them for the same reason as you👍 I agree with you SD

@SilverDragons47 5 лет назад

Marty R they are fun and awesome! collect on my friend! 🔥🐉

@Fireworxs2012 Год назад

"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*

@anthonytsi 4 года назад

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 Год назад

Probably not, beware of deals to good to be true. They are often fakes

@CallBigGabe 6 месяцев назад

u might have a fake

@user-do4wn5pk4j 4 месяца назад

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.

@daniellombardo27 Год назад

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?

@silvereagle1798 4 года назад

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.

@douglaswilliams6834 4 года назад

Nothing wrong with buying things that you like for your collection. I have one MS70 slabbed silver eagle and one PF70 slabbed proof eagle. I got them just because I wanted an example of perfect UNC and a perfect Proof eagle for my collection. My bullion eagles, which I'm sure would almost all grade MS69 or 70 if I sent them in, are just kept raw in the mint tubes. I don't even bother putting them in capsules. As for the premium you paid, well I think PNC or NGC charges at least $20 per coin, even for their bulk economy service, so there you have it. Good video.

@GSGExtreme44 2 года назад

I've got 3 of these and my pride and joy was endorsed by Rick Harrison from Pawn Stars - Love these coins -

@arturomunoz3 2 года назад

Sounds cool to stat collecting a coin from each year. Just ordered my 2022 PCGS MS-70 first strike American Silver Eagle. 😁

@WilliamAyres-mr8zx День назад

@@arturomunoz3 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.

@donaldinnewmexico 5 лет назад

Hi Dragons. OUCH! You bought the slab, instead of the coin!! Lesson learned! *:-)*

@SilverDragons47 5 лет назад

Donald in New Mexico yep worst case i’ll melt it 😂🔥🐉

@donaldinnewmexico 5 лет назад

@@SilverDragons47 Hi Dragons. Or maybe just lower your expectations about the coin. *:-)*

@cyberleaderandy1 2 года назад

I've several MS69 First Strike West Point eagles, not as expensive as the 70s but still a lovely coin from a rarer mint.

@silverstryke8913 2 года назад

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!

@ShirlBussman 5 лет назад

Worst purchase? HA! Congrats on almost 6 K subs. Have a great weekend. :-)

@SilverDragons47 5 лет назад

Shirl Bussman thanks so much Shirl! 🔥🐉

@ShirlBussman 5 лет назад

@@SilverDragons47 Your so very welcome. ;D

@georgematthews2877 4 года назад

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!!!

@k.stacks2445 4 года назад

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!

@lostforwords2946 3 года назад

You have a nice set of semi rare Eagles. Be Happy 😊

@geecuemd 3 года назад

Wish I watched this video before i bought my 2020 ASE MS70 San Fran lol -- oh well, they're still fun to collect

@kirbytrooper 3 года назад

i bought 1 2021 fs ms70 for double spot price as well. my justification is 2021 type 1 is the last of the series and its dope

@bennyduran6960 2 года назад

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?

@t1259sw 5 месяцев назад

Nice purchase, did you scan the bar code using PCGS Cert?

@parttimepreppers9907 5 лет назад

We've been getting at least one new 70 SAE...past few years...often can get them from 39 to 46 bucks ea. Year...or wait till we get some E-bay bucks and get super cheap..to help the pain of the premium.👍

@SilverDragons47 5 лет назад

PART TIME PREPPERS very cool they make a fun collection! 🔥🐉

@spaceforcecommander9062 5 лет назад

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 5 лет назад

Space Force Commander yeah I love the indian head pennies! 🔥🐉

@ehrenkrause9861 5 лет назад

I have the same addiction. I look at proofs all the time but i remain steadfast on my maxim for my first year stacking ASE's. 😎

@SilverDragons47 5 лет назад

Ehren Krause yeah I always say buy what you like! 🔥🐉

@vyesitsme9203 5 лет назад

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 5 лет назад

V Yes its me thank you so much my friend! 🔥🐉

@fifteenbyfive 4 года назад

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.

@xpy1 3 года назад

Question if I want to buy and sell silver eagles Should I buy proof or or what do you suggest

@ilprepper7378 3 года назад

It's Feb 16th 2021 and you did well.

@domrogerioschuster784 3 года назад

hello friend it's me Dom Rogério I signed up right now on your channel, congratulations on the videos I'm from Brazil

@two_legit1832 Год назад

I have a couple of the Edmond C. Moy signature ASE graded proofs, and I love them and will never part with them.

@borg386 5 лет назад

I just ordered 5 of those( paid double spot as well). I feel regrets too, but what it is...is what it is I guess.

@flower2289 3 года назад

There will always be collectors willing to pay a premium for MS70 eagles.

@loueckert4970 Год назад

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.

@silverwheelspatriot1764 5 лет назад

Learning to love ASEs

@dalesustaire3279 Месяц назад

I like the proof clam shells with papers and box : )

@peterhawryluk8430 2 месяца назад

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

@williammiller7362 3 года назад

Still a pretty nice 4 pack. I'm sure you could sell them if you wanted and get back what you paid for them.

@pizansstocksandscratchoffs7701 5 лет назад

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 5 лет назад

Nik Pizan they might do well we will see! 🔥🐉

@richardc488 4 года назад

Dam and I got 3 of the 2019-s reverse silver eagles, now what should I do?

@zzyzxRDFwy15 2 года назад

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.

@SilverLimey79 5 лет назад

These have sold for $65 a piece! That puts you in profit. I would be quite happy with that. 👍👍 Lol you won't do too bad!! 🤣🤣🤣

@SilverDragons47 5 лет назад

SilverLimey 79 I do like me some profit 😁🔥🐉

@godbluffvdgg 3 года назад

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.

@druegillis1744 3 года назад

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.

@bradrice3783 4 года назад

I have a couple of these but I bought them just for myself because I like them not to necessarily resale or add to my stack

@justsluiceit 5 лет назад

Everyone has a little collector in them!!!! Nice!!!!!!

@SilverDragons47 5 лет назад

Robinson prospecting lol yes we do and thanks! 🔥🐉

@EDCwithAaron 5 лет назад

Weird my kids were born 2016 and 2018 too haha... That's actually a good idea to get them some MS70 Eagles

@SilverDragons47 5 лет назад

EDC with Aaron very cool! also the proof ms70 ASE really go up in price 🔥🐉

@EDCwithAaron 5 лет назад

@@SilverDragons47 I think we're very similar ages probably too lol, I need to get some of your luck winning all these GAWs lately!

@steveb3448 2 года назад

Double spot isn’t bad especially when they will most certainly rise in price. I have some that doubled in 5 years

@silversteeler2851 5 лет назад

As a rule of thumb I don't buy slabbed graded eagles. I don't care for the premium. I say that but then went and purchased most of the proofs. I guess it's what your taste is. Nice vid. Thanks.

@SilverDragons47 5 лет назад

Silver Steeler lol I never buy them until I buy them 😂🔥🐉

@DimeDigger 5 лет назад

I also pick slabbed ASE’s up for the kids. I only get them from auctions and usually pay 5 to 10 over spot for them. 👍🏻

@SilverDragons47 5 лет назад

Dime Digger nice the auctions are the way to go! 🔥🐉

@DimeDigger 5 лет назад

Silver Dragons congrats on the gold buddy.

@SilverDragons47 5 лет назад

Dime Digger thanks I can’t believe it! 🔥🐉

@billmoorer1263 3 года назад

I love and collect the eagles 🦅 also but nothing compares to the Morgan silver dollars especially Carson City !!! Cha Ching 💵💵💵

@slayerstacker2074 3 года назад

I've noticed PCGS graded coins are more valuable than NGC and alot more than ANACS.

@scottconnolly6347 4 года назад

I like the NGC graded coins better myself. But it’s all up to the individual.

@ronschneider1870 4 года назад

Hi Silverdragon. Welcome to the world of collecting graded silver eagles! If you are really serious about silver eagles, try to get the burnished silver eagles with the W mint mark. I pay the same amount of money you pay for yours, and I get NGC MS 69 burnished silver eagles. With a mintage of between 600,000 and my last one was a 2018 W burnished with a mintage of 138,000 coins. Burnished are about 100 times rarer than the regular silver eagles and are even more rare than the proofs!

@martyscott9872 5 лет назад

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 5 лет назад

Marty Scott good call i’ll check it out thanks! 🔥🐉

@derekspalding3091 3 года назад

I just decided to collect the MS70 DCAM series of silver eagle proofs for their shiny coolness. Then I saw the price for the 1995 MS70 DCAM (at auction it's $13K right now). It's cause there's only like 1700 of that year graded at that level. This was due to the coin coming only in a gold collectors set as a freebie and the mint only sold something like 100,000 of the sets.

@derekspalding3091 3 года назад

most of that set range in the price of $50-300 so not the most one can spend on a collectors coin.

@millerforester6237 3 года назад

Right! When you sell, you want get any more for these things than the ones right out of a tube.

@murp61 4 года назад

Similar situation I paid what is now double spot for a NGC MS69 Australian One oz silver "Roo" but I only got one of those instead of four. Speaking of which, the grading companies should never grade bullion as "MS" as bullion should be a separate category. It should be BU70 as "BU" would be designated as bullion.

@Vera-xu3xw 3 года назад

A couple months back I got a sale paper from Nation Wide Coin out of Texas. I got a 1oz gold eagle an a MS70 Silver eagle signed by Don Everhart the sculpture. The price for both was $1700 lol It was a promotion 1 per house. The deal was 100% legit.

@raginggamer2109 5 лет назад

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 5 лет назад

Optimus Locust it’s up to you... if you like collecting them then keep them! 🔥🐉

@weeklybullion Год назад

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 Год назад

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.

@danielmaldonado6388 4 года назад

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 ??

@thecoganfamily 4 года назад

The worst I ever did was 9 x20 silver eagles at about $26/OZ in 2012. And then the price dropped. I still have them 😂.

@chevyblueangel 3 года назад

I reckon your thoughts will change about these coins when the price of silver shoots up.

@tylerdurden8939 5 лет назад

I had a ton of slabs that where all scratched to hell. Get some of that plastic polish made for headlights and it will make your slabs look new. It works great.

@SilverDragons47 5 лет назад

tyler durden wow what a great idea! thanks for the tip! 🔥🐉

@tylerdurden8939 5 лет назад

@@SilverDragons47 Your welcome

@silvereaglestacker4084 3 года назад

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👌

@lakehousebeach 5 лет назад

I think you could get your money back out of those, I bet someone will even make an offer from this video, you know you love them! 😂

@SilverDragons47 5 лет назад

Lakehousebeach yeah they are worth it for a collection for sure! 🔥🐉

@davidschechter9969 5 лет назад

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 5 лет назад

David Schechter idk look at the early ones they fetch quite a premium on ebay 👍🏽🔥🐉

@davidschechter9969 5 лет назад

@@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.

@frankquigley995 3 года назад

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.

@terrykrall 3 года назад

I bought a roll of 1996 SAEs in capsules for $30 each on ebay about 6-7 years ago.

@CelonixCleaningServicesLLC 5 лет назад

I only ever purchased one slabbed coin in my entire life - I will never do it again. My lcs offered me less than spot for it.

@SilverDragons47 5 лет назад

Philip Erdman under spot? what a rip off. take it to a real LCS 🔥🐉

@bobsilver3983 5 лет назад

I do have a MS70 Eagle, just one of them.

@SilverDragons47 5 лет назад

Bob Silver well then i’m in good company 😁🔥🐉

@steves2241 3 года назад

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 Год назад

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 Год назад

@@TheAnnoyingBoss Good for you.