Coin Collector Journal - BULLY

Member Journal Entry:

RE: Art B (with open question to the group) 69* vs. 70

Posted: 2/4/2008 2:12:20 AM | Views:447

Art B made his posting a little while ago about the grades he got for his 2008 Proof Silver Eagles.

He also made a couple comments that got me thinking.

He first said of the 30 he had, he only submitted 24. Personally, with the potential for "Early Releases" designation, why not send the other six as well? Were they that bad? I ask because with my 2007 Proof Silver Eagles for instance, I submitted all that I had gotten, 15 I believe to start with, and as I recall, 12 or 13 of them came back as PF70UC, the others as PF69UC -- nothing lower. Of course I am hoping for the same with my 2008 submission.

Is the Early Release designation not more appealing to some collectors than a raw coin that MIGHT come back as a 68? Is the 68 (or less) even common in the PROOF version of the Silver Eagles?

That said, that really wasn't the comment that really caught my attention. Art said he was REALLY hoping for a 69*.
So here's my question:

Would a PF69* (let's say Cameo) be MORE desirable than a PF70 Ultra Cameo? If so, why?

I mean I know that * designations show that "extra eye appeal" that are not necessarily just short of the next grade, but might be just short of Ultra Cameo for instance. They don't have separate prices in the price guides, but they do seem to command premium in auctions on eBay from what I've seen anyway. However, compared to a 70 grade coin, which would you pick? Speaking for myself, I'd opt for (and hope for) the PF70 Ultra Cameo.

Just curious to hear from Art about his thinking, and to hear from others about their take on it. I see collectors really bid up those star* coin on eBay such that I often bow out of the bidding very early.




Please Note: Member contributed comments do not reflect the views of the Certified Collectibles Group. View Full Disclaimer >


Recent Journals by BULLY

ANACS on eBay   (Posted 04/24/2013 - Viewed 319 times)
NGC coins being swapped out for PCGS coins   (Posted 02/28/2012 - Viewed 403 times)
Gold vs Platinum   (Posted 02/23/2012 - Viewed 335 times)
PART TWO: Security of your coin collection   (Posted 02/23/2012 - Viewed 445 times)
RE: Art B (with open question to the group) 69* vs. 70   (Posted 02/04/2008 - Viewed 447 times)
Re: "Finally"   (Posted 02/04/2008 - Viewed 400 times)
I'm with Bruce   (Posted 02/02/2008 - Viewed 436 times)
To "Disheartened"   (Posted 02/01/2008 - Viewed 477 times)
Aussie Lunars - To VUMC409   (Posted 01/29/2008 - Viewed 343 times)

To follow or send a message to this user,
please log in