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<p>[QUOTE="superc, post: 1718399, member: 44079"]The thing of it is, to me anyway, since ASE (or Golds) have never (unlike their Trade Dollar predecessors) been placed into circulation and used as coinage, it can be legitimately argued it isn't really a coin per se. That definition requires the item be used in commerce. ASE's aren't. They are just a medallion or token made out of bullion. Therefore technically there is nothing numismatic about them beyond someone (the mint) having placed a ridiculously low 'one dollar' face value stamp on them. </p><p><br /></p><p>Slabbed ASE medallions are art, not money. View them as that. If you like them as art, then buy them. If you think sinking money into art is a good approach to investment, then, if it makes you happy, go ahead. If like me, you view them as pretty bullion tokens sheathed in plastic to keep them shiny, pay a reasonable price for the plastic sheath, but remember they are just 99% pure silver medallions, not real coins.</p><p><br /></p><p>I suspect in an economic crunch their may be a quicker liquidity to selling bullion than in trying to cash in on more or less very similar appearing artwork acquired at a higher price.</p><p><br /></p><p>The aforementioned 'trade dollars' are different of course, because they actually were intended as coins used in commerce and many were. In my opinion numismatic condition considerations would therefore apply to a trade dollar slabbed and certified as being above 63 may very well be worth substantially more to a coin collector than one unslabbed in G4 condition.[/QUOTE]</p><p><br /></p>
[QUOTE="superc, post: 1718399, member: 44079"]The thing of it is, to me anyway, since ASE (or Golds) have never (unlike their Trade Dollar predecessors) been placed into circulation and used as coinage, it can be legitimately argued it isn't really a coin per se. That definition requires the item be used in commerce. ASE's aren't. They are just a medallion or token made out of bullion. Therefore technically there is nothing numismatic about them beyond someone (the mint) having placed a ridiculously low 'one dollar' face value stamp on them. Slabbed ASE medallions are art, not money. View them as that. If you like them as art, then buy them. If you think sinking money into art is a good approach to investment, then, if it makes you happy, go ahead. If like me, you view them as pretty bullion tokens sheathed in plastic to keep them shiny, pay a reasonable price for the plastic sheath, but remember they are just 99% pure silver medallions, not real coins. I suspect in an economic crunch their may be a quicker liquidity to selling bullion than in trying to cash in on more or less very similar appearing artwork acquired at a higher price. The aforementioned 'trade dollars' are different of course, because they actually were intended as coins used in commerce and many were. In my opinion numismatic condition considerations would therefore apply to a trade dollar slabbed and certified as being above 63 may very well be worth substantially more to a coin collector than one unslabbed in G4 condition.[/QUOTE]
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