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<p>[QUOTE=&quot;Michael K, post: 3102412, member: 78298&quot;]I am sure they are getting some kind of bulk rate grading discount.</p><p>However, if they just wanted to sell these coins raw, let&#039;s say $30 or $35 each, they would sell out quickly.</p><p>By slabbing them all, now they have to try to get $50 or $60 apiece (except for some super high grade coin, which I don&#039;t think is happening, and it could take many years to sell them all, unless they sell them in huge lots.</p><p>None of these coins are rare. I am sure there are some minor varieties lurking,</p><p>but they are still dumping 16,000 more coins into an already saturated market.</p><p>The last couple of shows I went to, every single dealer had pages and pages of blast white Morgans. I am not sure the demand is high right now for these common dates. Even in MS-64 etc. condition.</p><p>1.5 million for the lot is overpriced at 93.75 per. If they realize 1 million, that&#039;s 62.50 per. These common dates in high grades are 50 and 60 dollar coins. What do they think, that some &quot;hoard&quot; title on the slab is worth a premium? I don&#039;t see people paying $100 a coin when they can get the exact same coin and grade for half that price. To me the value of this hoard is 800K-960K.[/QUOTE]</p><p><br /></p>

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