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<p>[QUOTE="mikenoodle, post: 2010150, member: 307"]I will offer these 3 bits of advice:</p><p><br /></p><p>1) Graded bullion is NOT worth a premium. You can collect it if you like, but over time if any premium attaches to high grades of any year, there are millions of raw coins that could be submitted and satisfy any demand thus driving out the premium, with rare exception (1995-W SAE, for one, as the total mintage is less than 35,000 coins). There are millions of raw bullion coins that lay in wait for the day when their value beyond bullion is achieved and when it does, demand will be met with more supply than the marketplace will be able to absorb.</p><p><br /></p><p>2) Modern bullion coins are not like circulation strike coins as most, if not all of these coins, will grade MS-67 or better. Yes, the populations seem low for MS-70 coins, but in reality, there are thousands of raw coins that would meet the criteria and they would come out of the woodwork should a worthy premium be offered. Circulation strike coins are rare in MS-70 because so few of the total population of these coins would meet the criteria.</p><p><br /></p><p>3) As far as grading companies go, yes, recognizing a "numismatically perfect" coin should be a relatively straightforward process, the reason that some companies are considered less than top tier is because they have, in the past, demonstrated a tendency to be less than accurate in their grading. These coins will always be questionable in the marketplace and never traded sight unseen, (which ironically was the entire idea behind a TPG grade in the first place), as the TPG was supposed to eliminate the question of grade so that the coins could trade in the market without examination.[/QUOTE]</p><p><br /></p>
[QUOTE="mikenoodle, post: 2010150, member: 307"]I will offer these 3 bits of advice: 1) Graded bullion is NOT worth a premium. You can collect it if you like, but over time if any premium attaches to high grades of any year, there are millions of raw coins that could be submitted and satisfy any demand thus driving out the premium, with rare exception (1995-W SAE, for one, as the total mintage is less than 35,000 coins). There are millions of raw bullion coins that lay in wait for the day when their value beyond bullion is achieved and when it does, demand will be met with more supply than the marketplace will be able to absorb. 2) Modern bullion coins are not like circulation strike coins as most, if not all of these coins, will grade MS-67 or better. Yes, the populations seem low for MS-70 coins, but in reality, there are thousands of raw coins that would meet the criteria and they would come out of the woodwork should a worthy premium be offered. Circulation strike coins are rare in MS-70 because so few of the total population of these coins would meet the criteria. 3) As far as grading companies go, yes, recognizing a "numismatically perfect" coin should be a relatively straightforward process, the reason that some companies are considered less than top tier is because they have, in the past, demonstrated a tendency to be less than accurate in their grading. These coins will always be questionable in the marketplace and never traded sight unseen, (which ironically was the entire idea behind a TPG grade in the first place), as the TPG was supposed to eliminate the question of grade so that the coins could trade in the market without examination.[/QUOTE]
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