Current price for MS 70 ASE's

True!

 

Log in or Sign up to hide this ad.

They are about $18 to $20 each by the roll or box graded or ungraded to me - I don't believe in the MS-70 bull*$@* and will not support it. I do know however that complete sets in PCGS MS-69 get the same money wholesale as raw coins, seen it a hundred times!

 

I personally feel the sama way. I think the proof versions are what was intended for collectors. But, if collecting flawless bullion rounds is what keeps a person out of trouble, I won't be the guy criticizing anyone!:smile

 

When you sell your coins... will you sell them for spot price, no matter their condition or grade? what I mean is... if you went to a dealer today, and offered to sell your coins, would you allow him to pay your spot price or less, even on coins you knew graded out at MS69?

 

Personally, I think you are wasting your time with a slabbed coin, unless the coin is worth over $100 unslabbed. Then, you might want to get a clarification on its quality. ASE are less then $100, are minted in large numbers, and are recent coins. You're better off getting a Capped Bust Lettered half dollar in XF 45 condition slabbed than a MS70 ASE.

 

Besides liking them.. the only reason I've bought modern ASE's that are slabbed (mainly 1990's era stuff) is for the kids. I'll be sitting on them, and giving them to the kids when they are grown & have families & kids of their own. Who knows what the value will be, good or bad.

I prefer the old stuff for collecting, and sitting on bullion just because.

If you own two small businesses that see a lot of cash sales, buying coins & bullion can be a fun way to "save". My portfolio is diversified though.. heheh... guns & ammo as well.

 

Now ain't that the truth!! You got my vote green!

 

I think what most people's points in this thread are that these ASEs are not intended for circulation, but for bullion purposes. While some people collect high graded ASEs, most see it as a one ounce hunk of silver, no matter how many scratches, nicks, or dings are in them. Standing Liberty Quarters on the other hand, were made for commerce. Few of any given date or mintmark were saved from circulation. Now divide that number into groups with good strikes, and few bagmarks. You have some true rarities. Then look at the 2009 ASEs mintages. All are uncirculated, most are well struck, all are handled with more care than business struck coins, and probably half are cherry picked for possibly a trip to a grading service. I can't see it as a sound investment.

 

It was sad. I was at work on break and turned the TV on. They had one of those coin vault shows on.

They had i think 20 2010 early ASE early releases supposedly ms 70 by ngc and they wanted 4000 dollars for them.

i was like wow that is just nuts. I don't know anyone that would pay that for those coins.

i see them going for as much as 100-150 bucks a piece. i don't see how they carry that much of a premium.