Can you believe they can not close a plastic case on their reverse proof silver eagle, are they retarded down there ( I mean I paid a hundred bucks, at least they could close the case!!).
I have read that the silver eagles are not grading as high as most thought they would . maybe this is part of the problem. yes that is sad Danr
On the other hand, when they reach the point of being so competent that 100% of the coins are automatic 70s, there won't be as much point to collecting them anymore.
I disagree. Why should the desirability of a coin depend on it being better than everyone else's? My sets are absolutely beautiful and near perfect as far as I can see. I wouldn't enjoy them more knowing that most other people have worse coins. I couldn't care less whether the mercenary grading services think they are MS70 or AU50.
Im not going to make a fuss over the word RETARDED.But could you please use another term. Its a harsh word on some people. The US MINT is a bit incompident no dought. I got my ASE20th set loss floating aroud the box. They where fine. the coins didnt pop out of the plastic cases. but they where not in place where they should have been. I have to say over the years i have grown less loving of the way the mint handles there coins. Actaully Let me restate that, For the past 20 years i have had issue with the way they handle there coins.
I agree with you guys that it SHOULDN'T matter, but I don't believe that is often the case. For myself, I like old coins that look old. I like circulated, toned coins. I enjoy being able to hold the coin without fear of dropping its grade a couple of points and wondering who may have used the coin to purchase what over the years. Of course, I can also appreciate the beauty of a mint state coin, but I would tend to purchase one in MS condition more as a specimen of the type to show what my other coins looked like new than to build the sets in MS condition. However, that's not what I read and hear expressed most of the time. What I hear is GRADE, GRADE, GRADE... Get the highest grade possible... always. People follow that thinking, and just as it is with cars, houses, TVs.... Mine's bigger than yours is, nanny nanny boo boo... That is why a coin can jump from $100 to over $1000 or more in the difference of one grading point. If there came a point that all coins produced came out perfect, there would only be those collecting them for the sake of having the design. Interest would wane among investment buyers. There'd be no point in buying the new coins because everyone else's is the same and there's no way "mine" is going to be worth more than "his" down the road... unless we can get the TPGs to come up with some new designation that makes "mine" different... I can see it now. This is a rare coin of its type and available only for a limited time the 2012 ASE in flawless "MS-70 First Slabbed" condition. That's right folks. This is one of only 2500 coins given the "First Slabbed" label. From the 2501st submission on, these coins only receive a meager MS-70. So get this rarity today for only $750. Back on topic... I have yet to buy anything straight from the mint, but I can't resist a little smack talk, so... Yeah, what's going on? They got baboons or something there packing the sets up?
Reguardless of what one pays, $20 or $2,000 . Reguardless if it is a car, gun , boat ect one should recieve them in the best possible condition. I would not buy a new car that is scratched or dented. oh course the mint has a monopoly , one reason in most cases they are illegal.
I understand that point, and if you are buying a new car, of course you don't want one that is damaged. My thinking is more on the lines of the guy who buys a Wrangler because he occasionally drives off road, so his neighbor buys a Hummer... Nice Hummer. What are you gonna do with it? --- Oh, you know, go to work and stuff... As far as coins, and of course everyone has their own preference, but in my case... I'll use Barbers as the best example... I cannot stand a shiny perfect looking Barber. I find nothing attractive about them. Let me find one that has a fair amount of wear on it and the fields turned a nice deep brown color, and I'm on it. Maybe not the soundest purchase in an investment sense, but I'll enjoy looking at it a whole lot more...
The design of a coin looks much more attractive to me when it has been through circulation. Just gives the coin a little more character and brings out the detail of the design.
perfection But that is not why people buy eagles and commems, they want their coins to look perfect. I personaly think these coins rattleing around in the box is unacceptable, and I am really worried about my old mint commems when they are shipped.
The value of a coin is always dependent on a combination of condition plus scarcity. If the mint could produce and sell 10 million perfect 70 coins of any type, they would sell for bullion or legal tender value regardless of appearance. Beauty and perfection are meaningless in terms of value unless combined with scarcity. Now, if the goal is to collect a lot of nice looking cheap coins with no numismatic value, then I agree that you are correct.
I love circulated coins , by far they are the vast majority of the coins i have collected over the years. probabaly my favorite coin is a 1811 over 1809 dime i bought for less than $20 years ago. That is what i bought , a historical ciculated coin that has been around since Andrew jackson and the war of 1812. when i buy from the mint I expect mint state coins. Would like to think that the mint , who can make all those beautiful coins, could keep them from bouncing around in their boxes as they are shipped all over the country.