Perhaps I'm A Fool

Discussion in 'Bullion Investing' started by Kentucky, Sep 6, 2017.

  1. Blissskr

    Blissskr Well-Known Member

    Guys just sign up for a free google voice number and use that anytime you do something like this. It's what I've done and I give it to any dubious place as my # and never have an issue with my actual # getting revealed.
     
    midas1 and Kentucky like this.
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  3. Johndoe2000$

    Johndoe2000$ Well-Known Member

    I decided to give them a shot. I ordered the 10 gold 1/10oz. and 20 SAEs. They asked what price I had seen, I told them I didn't have the information with me but I thought it was $110 for the gold (limit 10) and I thought $18 or $19 each for the silver. (limit 20) They said that they would honor the prices. $110, and $18. No hassle, and no sales pitches. They said it would take 7-10 days for delivery. I'll post results when I have some.
     
    Last edited: Sep 11, 2017
  4. midas1

    midas1 Exalted Member

    That's great. I paid $115.00X10 for the ten gold coins on Saturday, still waiting for the order confirmation.
     
  5. midas1

    midas1 Exalted Member

    What is a common graded 70?
     
  6. Johndoe2000$

    Johndoe2000$ Well-Known Member

    LOL. I'm guessing the exact opposite of an uncommon graded 70??? :wideyed:
     
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  7. Nathan401

    Nathan401 Quis custodiet ipsos custodes?

    It's referring to years with high mintages that have been graded Mint State 70 by a third party grader.
     
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  8. midas1

    midas1 Exalted Member

    "A common graded 70 is only worth about 1.1 X melt."

    Show us a MS70 coin that is worth only 10% more than the same coin that is not grAded. I collect only gold coins and some special issue coins.
     
  9. Johndoe2000$

    Johndoe2000$ Well-Known Member

    What is the percentage of 70s anyway??? I'm guessing about 30-40 % of the graded ones are slabbed as 70. A very high number, which makes them very common. Now an "actual" 70 is rare, but as we all know, "GRADING IS SUBJECTIVE" and only ones opinion of the coins condition.
     
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  10. Mr Roots

    Mr Roots Underneath The Bridge

    Here's one exactly as I bought it.
     

    Attached Files:

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  11. sakata

    sakata Devil's Advocate

    My take on MS70 bullion coins is that they are more common than MS60 ones. So they should be cheaper. I'm not going to waste my money on them.
     
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  12. Mr Roots

    Mr Roots Underneath The Bridge

    That's under 1.1 X melt.
     
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  13. midas1

    midas1 Exalted Member

    I would like to read empirical data that supports your statements.

    A couple of weeks' ago a poster stated different grading companies
    are known by their superior grading of certain groups coins. For example, ANACS
    was most accurate grading certain coins because one of their employees
    knows more about those coins. Nobody knows his name, his background, or
    if he still (ever?) works there.

    I don't believe your statement is any different from the guy I described above.
     
    Last edited: Sep 11, 2017
  14. midas1

    midas1 Exalted Member

    You're right.
     
  15. Johndoe2000$

    Johndoe2000$ Well-Known Member

    You should re-read my post. I'm sure the actual numbers are quantifiable if you wanted to really find out. My "guess" was just that.
     
  16. midas1

    midas1 Exalted Member

    "I'm sure the actual numbers are quantifiable if you wanted to really find out"


    You're responsible for your statements. Not me.
     
  17. Kentucky

    Kentucky Supporter! Supporter

    Just noticed they haven't charged my credit card yet, so I called up. They said they were holding my order since it was for 10-1/10 oz coins and a slabbed coin...I repeated that I had only ordered the 10-1/10 oz coins and I was assured the order would be shipped soon.....holding my breath...not
     
  18. midas1

    midas1 Exalted Member

    They tried to hustle me into buying graded coins.
    Whenever I said I wasn't interested they'd try to
    sell me different graded coins. The sales guy I
    spoke with Saturday said they ship 24/7.
    I called today and was told the weekend orders
    will not be processed until Tuesday.
    I'm starting to wonder if the hassle is worth
    saving around $150.00
     
  19. Kentucky

    Kentucky Supporter! Supporter

    Since I will be paying (if they ship) $1138 for about $1500, it is worth my time...after all I'm retired.
     
  20. Jason.A

    Jason.A Active Member

    Let's do better than post pictures with hand written prices. If we want to make a point about the price of an item, please link to official price from an online business or an ebay auction, or better, a completed auction that shows MS70s can be purchased for only 1.1x melt.

    I am not saying that you are wrong, but I am saying in order to know you are right, we need verifiable proof.
     
    midas1 likes this.
  21. Mr Roots

    Mr Roots Underneath The Bridge

    People can take my post however they want.

    The dealer I bought it from is Jack H Beymer, people on this site have known him since before I was born in the 70's. Feel free to Email him and ask him if that is from his shop and call me out as full of **** if he said that didn't come from him. Jack is a numismatic dealer, not a PM dealer, most of the PMs he buys get sold to the smelter. Out of the 15-20 cases in his shop only one is for non numismatic bullion.

    If I was going to fake a pic to prove my point don't you think in this case I would have used an example that says 1.1x and not use the $20 over example?
     
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