Why do we grade bullion?

okay after reading all the above would junk silver fall into that to if you dislike eagles then..

 

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I look at bullion coins as an ounce of silver and gold and nothing more. I'll respect those who like them graded but their reasoning, frankly, escapes me.

 

Bullion coins are only valued for metal it possess and no more no matter how long you have had it.. alias silver porn

 

If I was in the market for a 1 oz gold coin, and I had my choice between a certified coin and an uncertified coin, at virtually the same price, I'd go for the certified coin. That means the certified coin, IMHO, might be easier to sell, but not that anyone sending it in for grading is actually recovering their expense for doing so.

If I bought a run of the mill certified ASE, I would probably crack it out and put it in a roll to save space.

 

Low mintage perfect grade will make it a unique coin !
http://www.ebay.com/itm/1995-W-Proo...138374?hash=item1c5dc2e686:g:tF4AAOSwNgxWDDlW

 

I guess this is why...1995 ms70

 

So we can sell $15 worth of silver for $200 or more.

 

wow I guess so Long ARM.... unbelievable that sold for that much so that's why YOU HAVE THEM GRADED

 

No I have all raw, but I'm thinking about it. After all, I have a bunch that I've cherry picked over the years and now I'm definitely thinking about it after seeing what some are bringing now. Why not?

 

SOLD

 

I just bought an MS-70 $5 Gold Eagle...because it wasn't much more than the bullion. Also, because people pay more for the slab if/when I sell it. Higher "profit" for me, and an easier sell because of the "warm, fuzzy feeling" they get knowing it is genuine (according to the TPG).

 

It's a good reason. Somebody else already wrote off the cost of the slab.

 

It's always best (when possible) to let some other poor devil pay for the grading fees......

 

Do you think he will take $15K?

 

There is one born every minute!

 

The price of silver really needs to spike for that buyer!

 

Pfft. I have 3 of those.







Don't I wish?.

 

There's only 24 of those from PCGS. There are a lot more than 24 people putting together ASE sets who get 70s when they can.