MS70 and MS69 Graded Silver Eagles (2024)

FAQs

Are MS70 coins worth buying? ›

Are MS70 bullion coins worth it? From an investment standpoint, MS70 coins likely aren't worth the investment if you're paying a high premium. In most cases, coin dealers selling high-grade coins aren't offering anything of true numismatic value.

2022 (W) 1 oz American Silver Eagle MS-70 (Early Releases - Struck at West Point Mint) $1 MS70 NGC.

Grading services assign a grade from 1 to 70, with 70 consider almost perfect with the coin in the exact same condition as when struck by the Mint. An MS69 graded coin is considered almost perfect and might contain a few small defects when compared to an MS70 coin. see less MS69 is a grade rating.

Like many other modern coins, perfectly pristine pieces in MS or PR70 grades is where you will find a spike in value of at least 100 times the silver value. Numismatic value only exists in grades 69 and 70, making 68 or lower exclusively worth its silver content.

Absolutely! Silver Eagles are popular, have liquidity, and hold additional value to collectors. They're always in demand due to their silver content and purity, as well as their value as U.S. legal tender.

Bitcoin has always been the go-to crypto for the rich. Ethereum is catching on with the wealthy based on its perceived utility and ability to create value through smart contracts.

While the 1995 bullion silver eagle may, at times, be an afterthought, the 1995 West Point (W) minted proof silver eagle is the most valuable of the silver eagle coins. A mere 30,125 of these coins were produced and were only available as part of the 1995-W 10th-anniversary gold and silver eagle proof set.

First Day of Issue coins receive the same point score as non-designated issues.

These special Silver Eagles only had a mintage of 30,000. This low mintage beat the record set by the 1995-W Proof American Eagle that was released only with the 10th Anniversary Gold Eagle Proof Set and is the lowest mintage of all Type 1 Silver Eagles.

Graded Coins Often Allow for Liquidity

Buying and owning graded coins is especially important because the coins are much easier to sell. Certification provides confidence that allows you to put more trust in the product you are buying. Certified coins are easier to identify, and their grade is extremely apparent.

Is it worth getting coins graded? ›

In nearly all situations, key date coins in uncirculated condition are worth having professionally graded. This is especially the case if you have multiple coins to submit, as this will help reduce your overall expense per coin when factoring in shipping and insurance expenses.

69. Mint State 69. MS69. Coin has a sharp strike with full original luster, with no more than two small non-detracting contact marks or flaws. No hairlines or scuff marks are visible.

The Monex bid selling price for One-Ounce Silver Eagle coin is: $32.28.

For a coin to achieve a perfect score of 70 it must have “no post-production imperfections at 5x magnification.” Basically, it's the perfect coin. A perfect proof coin would be graded “PF 70”, a circulating coin would be “MS 70” and an uncirculated (non-proof) coin would be “SP 70”.

Tax Implications of Selling Physical Gold or Silver

Holdings in these metals, regardless of their form—such as bullion coins, bullion bars, rare coinage, or ingots—are subject to capital gains tax. The capital gains tax is only owed after the sale of such holdings and if the holdings were held for more than one year.

Similarly, there are several bullion products that are exempt from reporting, regardless of the quantities that a customer may sell. Such pieces include, but are not limited to: Fractional Gold Coins. Gold or Silver American Eagle Coins.

If you've just started collecting coins you'll certainly have heard or read about graded and un-graded coins. Both are readily available to buy and sell online, however if you are serious about building up a truly valuable and impressive coin collection, then you'd be wise to invest only in graded coins.

Which coin will make me a millionaire in 2022? ›

3 Tokens that could make you a millionaire in 2022: Big Eyes Coin, Ethereum, and Decentraland.

Silver Eagle Design

The reverse features the US Eagle and Shield emblem with 13 stars. The words "1 oz fine silver ~ one dollar" are featured on the bottom of the coin along with "United States of America" across the top of the reverse. Each year the date is updated on the front of the coin.

Time Value

Sometimes, age makes a coin more valuable than its younger counterparts, but this is not always the case. For instance, a 1986 Silver Eagle NGC MS70 is worth less than a 1999 Silver Eagle NGC MS70, even though the 1999 is not as old.

The primary difference between silver rounds and silver coins is legal tender status. Coins are legal tender, which means they have a face value or denomination. Thus coins are money. Rounds **are not** legal tender, and are generally made by private manufacturers.

Look at Silver Price & Demand Trends

The general recommendation for selling silver is to take this step when demand and prices are higher. According to Capital.com, silver is expected to remain somewhere around the $24-per-ounce range throughout 2022. However, the price per ounce may drop a bit in 2023.

Rounds can be an excellent value when investing because their entire value is based on the precious metal content, making it more affordable to buy a round than a coin. Because rounds aren't intended for circulation and aren't as regulated as coins, designs are endless.

PCGS Photograde Online is free, and provides detailed close-up photo images for 25 types of 19th and 20th century U.S. coinage issues in up to 12 different grades.

Mintages can range from as low as 10 to 65,000 or more — and once those coins have been sold, the mint will not produce any more. The lower the mintage, the more rare and collectible the coin.

Only 0.7% of all the American Silver Eagles ever minted were struck in 1996, making this a truly rare find. Offered in Brilliant Uncirculated condition, your coin contains one full Troy oz. of 99.9% silver. The obverse side of this silver coin features renowned sculptor Adolph A.

Professional Coin Grading Service (PCGS), Numismatic Guaranty Corporation (NGC), Independent Coin Graders (ICG), and ANACS are the most popular and credible services. Together they have certified over 80 million coins.

What are the two best coin grading companies? ›

If you want the certification of your coin to be universally accepted you may want to stick to the two most trusted services, Numismatic Gaurunty Corporation (NGC) and Professional Coin Grading Service (PCGS). NGC and PCGS are trusted around the world because of their consistent and reliable grading.

Because PCGS and NGC have been known to deliver consistent and conservative grading to coins, they are regarded as the top tier – with PCGS being the most respected grading service. Coins graded by these companies should be in their own company's holder with a grading certificate.

According to coin experts, cleaning any potentially collectible coins might cause them to lose value. Using chemical cleaners or scrubbing the coins could leave scratches and marks that will be easy for a skilled appraiser to pick up on.

Coin Grading Costs

Grading prices vary according to the maximum value per coin. For instance, modern coins that are worth a maximum of $300 will cost from $17 to $22, depending on the company of your choosing. Coins with a maximum value of $10,000 can be graded for $65 to $80 dollars.

The basic idea here is that a coin with a rating of 70 would be worth 70 times as much as a coin with a rating of 1. As such, 1 is the lowest rating a coin can have based on its condition and rarity while 70 is the highest rating based on similar factors and many others.

Uncirculated (MS-60, 61, 62): An uncirculated coin with noticeable deficiencies, generally either an overabundance of bagmarks, a poor strike, or poor luster.

Mint State 70. MS70. The perfect coin, as minted. Has no trace of wear, handling, scratches or contact with other coins from a (5x) magnification. Coins in this grade are almost non-existent in older coins with very few examples known.

The proof American Silver Eagles were minted in San Francisco in 1986-1992, so they bear the “S” mint mark. From 1993-2000, these proof coins were minted in Philadelphia and bear the “P” mint mark. From 2001 to 2020, silver American Eagle proof coins were minted in West Point, with the “W' mint mark.

As the official silver bullion coin of the United States, the 1 oz American Eagle Silver Coin has enjoyed a high level of prestige among precious metals investors at home and abroad. The popularity of the coin derives from its high purity rating, instant liquidity, and inflation-hedge properties.

Are older gold eagles worth more? ›

The downside is that these older coins, often called numismatic coins, cost more than just their gold value. Because of their collectible nature, old gold coins often fetch more per ounce than bullion coins.

Absolutely! Silver Eagles are popular, have liquidity, and hold additional value to collectors. They're always in demand due to their silver content and purity, as well as their value as U.S. legal tender.

You can sell American Silver Eagle Coins as well as other precious metals in a secure and profitable way with Kitco. Track American Silver Eagle Coin prices with Kitco's world leading website, the best source for silver prices and bullion market information.

Uncirculated Grades (Mint State) MS-70 - The perfect coin.

Collect the world's most popular bullion and Proof coins certified in perfect MS70 or PR70 condition.

Are graded coins worth more? Not in all cases. The value of a graded coin depends heavily on the current worth of a coin. Some collectors may choose to pay more than the actual metal value or face value of a coin because it is extremely rare or in extremely good condition.

Reliable Investment? All gold is considered a reliable investment. It may be more difficult to gauge the best value for a gold coin, since its collector's value is less easily gauged by the live spot price. Gold is considered a reliable investment in all cases.

Gold coins and small bars are easily sold.

What is the best grade for silver coins? ›

The grading scale assigns a whole number between 1 and 70 with 70 being a perfect, flawless coin. Grades range from poor, almost completely worn out, to perfect mint state, a coin with absolutely no wear and no flaws of any kind.

When certified grading came into use in the mid 1980s though, the practice of cleaning coins diminished over time. Most coin experts have since come out against cleaning coins, as doing so can negatively affect them both in grade and value.

If you're looking for a convenient, flexible addition to your investment portfolio, with capital gains tax benefits, then gold coins could be the best choice for you. If you're looking to make a larger investment and want to avoid paying a higher premium, then gold bars could be your best option.