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History of the Silver Eagle Dollar
Rare 2008 American Eagle silver dollars discovered
Articles about Silver Eagles and Coins:
Types of Silver Eagles minted in 2008 : Other sites:
Where to buy 2008 American Silver Eagles
American Silver Eagle $ Mintages Mint Marks on Silver Eagle dollars
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5 Reasons To Buy And Collect
Certified And Graded Coins Why should a coin collector and investor buy and collect professionally graded and certified coins. Commonly called slabs, they are housed in a protective plastic holder. There are many companies over a dozen are less than 2 years old,
The
first reason for buying and collecting Certified and Graded Coins
applies to all of these companies. However, the most important reasons
apply only to the Top Four companies: PCGS, NGC, ANACS, and ICG. Reason
No 1. To Protect Your Coin from Damage
Visible Damage, which includes anything from finger prints/oils to being
stepped on. More importantly, Environmental Damage, including such
things as exposure to the air, or the wrong kind of air, chemicals in
the air, and touching other objects (e.g.: certain plastics, liquids,
food) and other coins, which will change the appearance and even
structure of the coin. Damage causes loss of Value, which means Your
Investment. A slab is an air tight container, and its purpose is
Protection. Reason
No 2. To Establish Authenticity
You want and need to know that your coin is not only the Real thing, but
that it has not been altered (changing a mint mark - fraud) or changed,
for example by cleaning, polishing, changing the appearance or surface
of the coin, in any way that would render your coin unfit to collect. If
it is Unfit to Collect, there won?t be many Buyers or Sellers. Many
coins graded by lesser companies end up getting Rejected by one of the
Top Four for these reasons. Reason
No 3. To Establish Identity
Is that 1909 Lincoln penny a VDB? Did you overlook the "S" mint mark. Is it
a Type 1 or Type 2? These little identifying marks can mean the
difference between a $20 coin and one worth $35,000. We all make
mistakes and overlook or miss, mint marks, details, and certain other
identifying factors which make up varieties of each coin. It is the professional's duty to look for, and establish these things to determine
a coin's true Identity. Reason
No 4. To Establish the Coin?s Grade
A coin' grade is what determines its Value. You want Good Value when
you Buy the coin. You want to get what you pay for (or more) and not get
cheated. When you get ready to Sell or Upgrade, you want to get the most
for your coin. You Have to Know What the Coin is Worth! The Grade is
always an Issue when Buying and Selling a Collectible Coin. Having the
coin Professionally Certified and Graded virtually eliminates this
Issue, and the Arguments. This is Your Neutral Third Party. Reason
No 5. Trust and Credibility
The Top Four companies are Consistent, Reliable
and Trustworthy. They have Established and Respected Reputations. Their
Standards are the Highest and the Best. You are taking a Risk when
buying a certified and graded coin from any other company.
It is possible to buy and sell a coin that is Certified and Graded by one of the Top Four, sight unseen, and know exactly what you are getting. From a description of the coin (e.g.: 1903 O, MS66, NGC, Morgan #034), you know what you are buying, and what to expect. It always helps to have a little description of its appearance, such as "white hot" or "slight reverse toning", since there is one limitation to selling a Certified and Graded coin sight unseen: It is still possible to buy an ugly coin. But that is why we have scanners, fax and email.
Therefore, as a Coin Collector and Investor, always collect Certified
and Graded coins by one of the Top Four. It is the most reasonable way
to verify authenticity and identity of every coin in your collection, as
well as to establish a reliable Value. Every source of prices for any
coin, be it a yearly book, magazine, a weekly or monthly newsprint; all
base their prices on the Grading Standards of the Top Four grading
companies, which strictly follow the ANA guidelines. If the Grade of
your coin does not measure up to these Standards, then you are only
guessing at the Value.
Copyright 2006 Robert is a 58 year old retired lawyer from Denver, CO with a passion for collection coins, since the age of 6; and has published two web sites sharing his passion, at http://www.ThePerfect-Coin.com and at http://www.PerfectDollarCoins.com
Disclaimer Articles on this page and website are the opinions of the respective writers, and do not necessarily reflect opinions or advice of 2008SilverEagle.com
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