My heart and prayers go toward the victims of the elementary school shooting in Connecticut, and to our country as a whole.
“President Lewis Revels made his fortune in Silver Eagles and now it’s your turn!” You may or may not have viewed this Chattanooga Coin Co. advertisement. Basically it has a photo of Mr. Revels sitting in his vault of Silver Eagle monster boxes stacked from the floor. The ad is promoting a monster box of 25 rolls of Silver Eagles, each roll with a different date from 1986-2010. So could you really make a fortune out of this?
Most likely, it will take years, as is probably the case for Mr. Revels himself. Of course anyone who had amassed silver prior to 2010 is going to turn a profit. However, the real profit here is not the capital gains made in bullion. It’s about playing the grading game. If you hit some 70s, you got it made.
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Personally, I have no interest in picked-over rolls of Silver Eagles. I am referring to those rolls with the better dates included in the deal. Like Scott Travers, I am not a believer of ‘original rolls.’
There may be a cheaper way to get your 70s. Go to your local bank and get some nice BU rolls (I got pennies). Or hunt down some extra rolls selling on the cheap on eBay. Dealers don’t seem to be too fond of that stuff. Then submit them to the graders… and cross your fingers 😮