ASE slabs have reached a milestone at NGC...

Discussion in 'Bullion Investing' started by Johndoe2000$, Sep 4, 2019.

  1. Johndoe2000$

    Johndoe2000$ Well-Known Member

    NGC Certifies 10,000,000 Silver Eagles
    NGC has announced that it has certified more than 10,000,000 American Silver Eagles. It is the first third-party grading service to reach this incredible milestone.

    Just fyi. :wideyed:
     
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  3. Conder101

    Conder101 Numismatist

    I'm surprised it has taken this long.
     
  4. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

  5. Johndoe2000$

    Johndoe2000$ Well-Known Member

    That's only one TPGS, there's quite a few more services that graded eagles also.
     
  6. Johndoe2000$

    Johndoe2000$ Well-Known Member

    I'm sure the grading of modern bullion coins uses up a big chunk of their time delaying grading of actual collector coins. But pays their bills I suppose.
     
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  7. Johndoe2000$

    Johndoe2000$ Well-Known Member

    Thanks for your in-depth contribution to this thread, but please hold back your enthusiasm. :D
    I had an ASE dansco album complete to 2009. I like the coin, both PR/MS but IMO grading modern bullion is futile. Wouldn't buy them, unless you find them graded for near spot prices. You can't tell the difference between a 69, and a 70 really, but going for those "perfect coins" (70) is what drives the grading frenzy.
     
  8. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

    You used a whole lot more words to say the same thing as me ;)

    If silver strikes your fancy, sure, buy silver. But why pay to have it graded? I get that there are various dates and you can make a set just like normal coins. Great. But why have it graded?

    Registry sets and money grabs. That's why.
     
  9. Maxfli

    Maxfli Well-Known Member

    Exactly. Certifiying coins that really don't need to be certified. But hey, hawking them keeps Mike Mezack employed, so I guess it's OK.
     
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  10. ewomack

    ewomack Senior Member Supporter

    That's a lotta slab.
     
  11. Johndoe2000$

    Johndoe2000$ Well-Known Member

    Don't forget everyone's favorite dynamic duo....Sean Leffler, and Robert Chambers (RIP), among others who peddled their share of Eagles to help NGC, PCGS, ANACS, and ICG etc... stay afloat.
     
    Last edited: Sep 4, 2019
  12. Treashunt

    Treashunt The Other Frank


    :)

    A lot of plastics died for those ASEs
     
  13. green18

    green18 Sweet on Commemorative Coins Supporter

    Freakin 'Yawn' indeed. What idiot would get a bullion coin graded which usually turns out to be '69 or '70. and at least '67? there's 10,000,000 idiots out there......
     
  14. Johndoe2000$

    Johndoe2000$ Well-Known Member

    Uhh...that's just NGC. :greedy:
     
  15. ToughCOINS

    ToughCOINS Dealer Member Moderator

    What it tells me is that there are way too many people out there who have foolishly been duped into putting too much money into these highly graded ASE / AGE commodities.
     
  16. furryfrog02

    furryfrog02 Well-Known Member

  17. Johndoe2000$

    Johndoe2000$ Well-Known Member

    To me, modern bullion includes modern pieces, such as commemoratives, quarters, dollars, pucks, etc...
     
  18. johnmilton

    johnmilton Well-Known Member

    A huge vast majority of these coins do not need to be certified. It is a total waste of money in many cases.

    It's an even bigger waste of money when collectors or investors pay premiums because, “It’s an MS-70!!!!” :eek:

    Unless you are keeping up with an ASE registry set, strictly for the fun of it, paying a huge premium for these graded pieces makes no sense.
     
    Last edited: Sep 5, 2019
  19. Johndoe2000$

    Johndoe2000$ Well-Known Member

  20. messydesk

    messydesk Well-Known Member

    Fixed it for you.
     
  21. Johndoe2000$

    Johndoe2000$ Well-Known Member

    I'm sure the modern bullion collector might wonder why someone would pay ridiculously high prices for old wore down copper, or silver coins with barely legible details, or dates with no intrinsic value to speak of. Who would want an old beat up g-XF, when you could have a near perfect, near pure, modern ASE/AGE/APE, etc... ;) :woot: :wideyed:
     
    Last edited: Sep 5, 2019
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