I've seen 70s that were 69s and 69s that were 70s. I used to sell any 70s I got and just kept a nice 69 if I wanted that coin.
I seems likely that they would have something like because of all the flipping/crossing over........something a little more handy than a bench vice or band saw.
It's no secret I dislike slabs and paid third opinions. But, I can understand why someone would want to collect MS70 ASE's, the same way I understand why people like to collect anything else...because it's what appeals to them. Sometimes the value of an item to a collector isn't some preconceived expectation of return, but in the pursuit and ownership alone. People get so hung up and judgmental on dollar amounts around here they often forget that most of us aren't collecting to turn a profit.
I wasn't saying I actually support the Buy the Slab not the Coin thing, but was pointing out that in this case it could be right, guess not though. But by looking at the PCGS price guide for example, which I know isn't law, it seems that all other grades rise and fall with the spot price but the 70. The population report also has a majority being graded at 70 since 2010 but before that there were far more more 69's and lower. I have raw ASE's actually so I wasn't promoting MS70's or anything, but just thought this may be an example that breaks the buy the Coin not the Slab rule.
Just so you guys know I think I wasted $69 on a MS70 2013 Chinese Panda....hahaha I thought it was 2011, but soon realized I bought the wrong one.
Supposedly, $3,000 and 31 bids. That was 2007. It could have been a good warning that the days of wine and roses (or in this case maybe some LSD ) was topping.
I'll have to partially disagree with you. I'm actually one of the few that collect ASE's. Not by date but a short type set of all strikes (ie. proof, enhanced, reversed). I'm trying to get them all in NGC Retro holders. I never get 70's because, frankly I'm not a sap. The difference between a 69 and 70 is indistinguishable to the naked eye and I think the biggest ploy/scam in numismatics are modern MS70 or PF70 slabs. That being said I love to display this short set in Retro NGC slabs and don't see any reason why I shouldn't have them slabbed. Sent from my iPhone using Tapatalk