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Message:: [QUOTE="GDJMSP, post: 1762363, member: 112"]Precisely.  Nuglet, do you realize that if you were take a slabbed ASE graded 70 into a dealer and try to sell it to him that all he is going to offer you is about melt ? The same is true if you were to try and sell one to an educated collector. That's because an ASE graded as 70 isn't worth any more than a raw ASE.  With American Eagle coins, and most modern commemoratives, and most modern Proofs, produced these days the 70 grade is what the majority of them are given. The 70 grade is so common with these coins that the grade has become virtually meaningless in today's world. And it has been that way for about 10 years now. But while it may seem like there are a large number of collectors who are willing to pay up for these 70 coins, the reality is that there really is not a large number of them. I would say that maybe, stress maybe, only 10% of coin collectors would do so. And the actual number may even be smaller. And that number is shrinking, and has been shrinking, for about 10 years now because as time passes more and more of those uneducated collectors are becoming educated. Nuglet do you realize that the price for these 70 coins has dropped by about 90% in the last 10 years ? And the prices are still going down ? The handwriting is right there on the wall, and it has been on the wall for some time. All you have to do is read it.[/QUOTE]