Discussion in 'Bullion Investing' started by Phil Ham, Apr 20, 2014.
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ohh the Chinese will clone or doop. anything popular to make a buck$$
If they can fake the coin, they can fake the certificate of authenticity. I've been to China, they are quite clever.
Actually there are thousands, maybe even tens of thousands of them and more every year.
Lesser coins minted per year does add in to rareity however value ?
And dont get me started about grading bullion...LOL
The way Iook at it, melt price for silver is around 15 to 16 bucks. Just because the mint formed them into pretty looking coins means nothing in upgraded condition. Sure you can pay to have them graded, ms69, 68 or worse and pay more than the coins worth. Bottom line when buying raw silver bullion, take the going rate for raw, add an additional five bucks for their trouble and call it a done deal. If you want to be nice add six bucks provided they'll sell 10 coins or more period. Hey, it ain't your fault they bought in 1996 when silver was out the roof. Believe me there are plenty of people willing to do one stop shopping for cash and move on to a better investment.
Thanks for keeping the thread going, I did not know of the thread. Good to look at the data. Looks like 2017s, 2018s, and maybe even this years ASE will carry a premium in 10 years due to lower mintage. Been buying during this time, 20 @ a time, whatever the cost at the local. and storing away.
My LCS will buy ASEs for spot +.75
Year - Any. Mintage - N/A. Original - N/A, Current - spot + $0.75.
Just out after a 19-day stay in the hospital, I was able to see Mr Mezak work his magic on the last of an era, aka a 2020 ASE. Send him $79.95 and he'll he'll mail you an MS70 graded 2020 ASE. Such a deal, I thought, then pursued the subject this AM only to find many available for less than $40 on ebay. I bought one slabbed.
On the one hand, good on you for not giving MM another $40+ profit. On the other hand, in the wake of a three-week hospital stay in the US, doesn't $40 seem kind of... inconsequential?
ASE roll hunting?
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