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2009 Silver Eagle Ms69 - Is The Ms69 Grade Really Worth The Cost?

Since its introduction in 1986 the wonderful American Silver Eagle coin has grown to be by far the most well recognized silver bullion coin around today. The MS69 is among the highest grade available yet should you pay the price for it? We'll reveal below..
To begin with, let us define what the MS-69 grade is. MS69 stands for "Mint State Brilliant Uncirculated." It's one of the grades employed by two of the most widely used independent, 3rd party grading services - the NGC, which stands for Numismatic Guaranty Corporation and PCGS, which stands for Professional Coin Grading Service. If you are really serious about buying a silver eagle with a high grade, it is essential that you stick with these reputable grading services!
A coin rated by these services can obtain a score ranging from 1 all the way up to 70. MS70 is the total highest grade that a coin can receive. A coin that's graded MS-70 is totally perfect. There are a few grading services that won't assign a MS70 grade since they declare that a total perfect coin can't exist.
The "MS" portion of the grade represents "Mint State." A Mint State coin could be given a grade ranging from MS60 all the way up to MS70.
A coin is graded depending on many different aspects. These elements consist of scratches, polishing, nicks, rims, and other imperfections.
A coin that's as close to perfection as possible, the MS-65 Silver Eagle will be encapsulated in a slab that is sonically sealed when you buy it. It is encapsulated as a way to certify and secure its high grade and the MS-69 grade is only guaranteed if the silver eagle is preserved within the slab. A label is going to be put on the coin to display the grade, grading service and the type of coin for instance it could be PCGS MS-69. The mint mark and serial number may also be included.
The silver eagle is quite a popular coin but having said that locating one that is of the highest grade is very rare. This is all due to the process of minting. Just the simple act of holding the coin can result in minor scratches that could compromise the coin's chances of getting a MS-69 grade.
Now that you've got some history on the MS-69 American Silver Eagle the big question is, should you pay the extra cost for it?
It all depends on your intent for purchasing it. If you're just looking to get silver eagles for the bullion you might be better off acquiring plain vanilla eagles in uncirculated condition.
If you do plan to invest in grade MS-69 silver eagles or higher, you need to understand that the demand for the coin will in the end establish the price. To put it differently, the scarcity of the date has alot to do with it's final value. Just remember that high grade + limited supply = $$$.
Here are some important dates that are in demand.
1. 1996
2. 2006- W
3. 2006-w 20th Anniversary Edition
4. 2008-W Reverse of 2007 $1 Eagle
5. 2008-W Reverse of 2007 First Strike

By: Christina Goldman

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