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2008 ASE's PF70 any thoughts to buy or not to buy?
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<p>[QUOTE="gmarguli, post: 337883, member: 246"]There are reasons why the earlier years have fewer coins graded. </p><p><br /></p><p>Early on the TPG did not have a Modern Tier or bulk grading. I recall spending $22 & $25 to have modern coins graded back in the last 1980's. This stopped many people from submitting them.</p><p><br /></p><p>The Internet has really opened up the marketplace for these modern coins. Before it was hard to sell them. For a while TeleTrade refused to sell them. You had to sell them to the local customers which was difficult, so why bother to submit. </p><p><br /></p><p>For many YEARS PCGS refused to give the PF70 grade. They were also super strict on awarding it for several years when they did give it out. Therefore, no matter how nice the coin, your best possible grade was PF69.</p><p><br /></p><p>The above really hurt submissions overall and limited the grades to PF69.</p><p><br /></p><p>Today you could get the PF70 grade on a lot of those coins sitting in PF69 slabs, but they'll never be resubmitted. The real thing keeping the pops down on those older coins is that there aren't the quantities available to do bulk submissions for the early years. I'd love to get original boxes of 100 of the early years and do bulk submissions, but they just aren't available. I can get some for the past few years, but not for the early years. The only new PF70s are going to come from individually submitted coins.</p><p><br /></p><p>And of course, the quality at the Mint has improved greatly over the past two decades, but that isn't the whole story. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="gmarguli, post: 337883, member: 246"]There are reasons why the earlier years have fewer coins graded. Early on the TPG did not have a Modern Tier or bulk grading. I recall spending $22 & $25 to have modern coins graded back in the last 1980's. This stopped many people from submitting them. The Internet has really opened up the marketplace for these modern coins. Before it was hard to sell them. For a while TeleTrade refused to sell them. You had to sell them to the local customers which was difficult, so why bother to submit. For many YEARS PCGS refused to give the PF70 grade. They were also super strict on awarding it for several years when they did give it out. Therefore, no matter how nice the coin, your best possible grade was PF69. The above really hurt submissions overall and limited the grades to PF69. Today you could get the PF70 grade on a lot of those coins sitting in PF69 slabs, but they'll never be resubmitted. The real thing keeping the pops down on those older coins is that there aren't the quantities available to do bulk submissions for the early years. I'd love to get original boxes of 100 of the early years and do bulk submissions, but they just aren't available. I can get some for the past few years, but not for the early years. The only new PF70s are going to come from individually submitted coins. And of course, the quality at the Mint has improved greatly over the past two decades, but that isn't the whole story. :)[/QUOTE]
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2008 ASE's PF70 any thoughts to buy or not to buy?
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