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Old 09-28-2009, 01:44 AM   #6 (permalink)
900fine
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Join Date: Jul 2006
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Quote:
Originally Posted by Silver Striker View Post
As I am looking at doing proof silver and gold bullion, I just might reverse my preference of #3 and #4.
Let's simplify.

Assuming your talking about modern silver and gold bullion (ASEs, gold $50 buffaloes, etc)...

Forget everybody except NGC and PCGS. Just forget the others even exist.

There is little reason to slab modern bullion. The only reason is the hope of scoring 70s and getting the premium thereof.

And it gets even simpler...

Forget the theories. Forget the guarantees.

It all comes down to one thing - which company is stricter ? And that comes down to one thing - which company hands out a smaller percentage of 70s ?

The answer is easy... just check the census and you'll find a dramatic difference : PCGS is much stricter. They hand out a much smaller proportion of 70s.

The market knows this. Check auction results on e-bay and teletrade. Whose 70s sell for more ? PCGS. By a wide margin.
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