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<p>[QUOTE="medoraman, post: 1261977, member: 26302"]Then you are not investing in bullion. This is fine, but you need to know that. A bullion investor simply wishes to track the PM market, not make a play in collectibles.</p><p>WHat you are describing is buying inexpensive collectible coins, hoping the collectible market comes back up. Again, that is fine, but its not bullion investing.</p><p><br /></p><p>Btw, I never would count the TPG fee as value received. Think of it this way, the dealer sent in ten, and 2 came back high grade, which more than offset the fee to grade ten. THe other 8 are in slabs, but not by choice as much as by accident. I always consider a slab a sunk cost, unrecoverable by you, unless you are buying the coin to invest in the coin, not bullion. A future bullion buyer will either ignore the slab, or crack it out to get to the PM.</p><p><br /></p><p>Chris</p><p><br /></p><p>Edit: Btw pulling out an old price guide is an old trick. I could pull out a 1989 price guide that would show even higher prices. What does that mean? Its fine to hear what they were 4 years ago, but I am just warning you its an old salesman trick to make you believe you are getting exceptional value. What does that same publication TODAY show as the value? That is an even more important question. THe salesman could very well be right, they will come back, and STILL be priced to high for his example versus the market. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1261977, member: 26302"]Then you are not investing in bullion. This is fine, but you need to know that. A bullion investor simply wishes to track the PM market, not make a play in collectibles. WHat you are describing is buying inexpensive collectible coins, hoping the collectible market comes back up. Again, that is fine, but its not bullion investing. Btw, I never would count the TPG fee as value received. Think of it this way, the dealer sent in ten, and 2 came back high grade, which more than offset the fee to grade ten. THe other 8 are in slabs, but not by choice as much as by accident. I always consider a slab a sunk cost, unrecoverable by you, unless you are buying the coin to invest in the coin, not bullion. A future bullion buyer will either ignore the slab, or crack it out to get to the PM. Chris Edit: Btw pulling out an old price guide is an old trick. I could pull out a 1989 price guide that would show even higher prices. What does that mean? Its fine to hear what they were 4 years ago, but I am just warning you its an old salesman trick to make you believe you are getting exceptional value. What does that same publication TODAY show as the value? That is an even more important question. THe salesman could very well be right, they will come back, and STILL be priced to high for his example versus the market. :)[/QUOTE]
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Bullion investing, graded or not? or a little of both?
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