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<p>[QUOTE="gronnh20, post: 26609978, member: 73224"]The price of silver has turned quite a bit of my collection into bullion. I can't say how much percentage wise, but it is significant and growing. For sure, most of the raw silver coins I have are melt or on that border. Since I had a lapse in buying from the mint, all of my silver mint products are now bullion. At this point, you would have to be camping on some really gem raw coins with numismatic value for them not to be bullion.</p><p><br /></p><p>Coins in plastic are going to take a beating if the price of silver stays high. Already, retail pricing for common MS-60 Morgans is at melt prices. MS61-63 are not far behind. Will we start to see bigger price swings from grades 65-70 due to grade/preservation rarity? I think there will be a few coin series that see this fate. Especially, low grade mint state 20th century silver coinage. A lot of low-grade mint state coins hold back the high-grade coin pricing. We have all bought a coin that looks one-grade better than the grade on the label. The entry fee to graded/authenticated coins is going to get a lot higher.</p><p><br /></p><p>In one hand I do get a bump in the amount my raw silver coins are worth. But, on the other hand, the thrill of having found nice raw coins in the wild seems pointless now. I may have found a few gems over the years raw. But, do I really want to send them to get graded if there is a chance they are graded bullion? All the countless hours of 2x2 cataloging my raw coins. Pointless, all bullion. Just throw them all in a bag.</p><p><br /></p><p>Some of my graded coins were overpriced bullion when I bought them. I bought them always hoping silver went up. Those type coins are also common inexpensive pathways into the numismatic hobby. It's the other silver coins that are the bread and butter, the backbone of the hobby. Does this cause a huge increase in pricing of super gem coins? Will this sideline some collectors out of the TPG coins? What about coin dealers whose stock turns to bullion? I think a continuance of high silver changes the collecting market.</p><p><br /></p><p>What if this is 1933 all over again? You are only going to be able to keep your MS-65 or higher TPG coins. We need your silver for uh, the uh, good of mankind. Do they even make those steel coffee cans anymore? I mean burying all my coins in those little plastic pods will take forever. Long Live the Morgan Dollar.</p><p><br /></p><p><br /></p><p><br /></p><p>[ATTACH=full]1696264[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="gronnh20, post: 26609978, member: 73224"]The price of silver has turned quite a bit of my collection into bullion. I can't say how much percentage wise, but it is significant and growing. For sure, most of the raw silver coins I have are melt or on that border. Since I had a lapse in buying from the mint, all of my silver mint products are now bullion. At this point, you would have to be camping on some really gem raw coins with numismatic value for them not to be bullion. Coins in plastic are going to take a beating if the price of silver stays high. Already, retail pricing for common MS-60 Morgans is at melt prices. MS61-63 are not far behind. Will we start to see bigger price swings from grades 65-70 due to grade/preservation rarity? I think there will be a few coin series that see this fate. Especially, low grade mint state 20th century silver coinage. A lot of low-grade mint state coins hold back the high-grade coin pricing. We have all bought a coin that looks one-grade better than the grade on the label. The entry fee to graded/authenticated coins is going to get a lot higher. In one hand I do get a bump in the amount my raw silver coins are worth. But, on the other hand, the thrill of having found nice raw coins in the wild seems pointless now. I may have found a few gems over the years raw. But, do I really want to send them to get graded if there is a chance they are graded bullion? All the countless hours of 2x2 cataloging my raw coins. Pointless, all bullion. Just throw them all in a bag. Some of my graded coins were overpriced bullion when I bought them. I bought them always hoping silver went up. Those type coins are also common inexpensive pathways into the numismatic hobby. It's the other silver coins that are the bread and butter, the backbone of the hobby. Does this cause a huge increase in pricing of super gem coins? Will this sideline some collectors out of the TPG coins? What about coin dealers whose stock turns to bullion? I think a continuance of high silver changes the collecting market. What if this is 1933 all over again? You are only going to be able to keep your MS-65 or higher TPG coins. We need your silver for uh, the uh, good of mankind. Do they even make those steel coffee cans anymore? I mean burying all my coins in those little plastic pods will take forever. Long Live the Morgan Dollar. [ATTACH=full]1696264[/ATTACH][/QUOTE]
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