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<p>[QUOTE=&quot;krispy, post: 774628, member: 19065&quot;]I just wish to be clear that I&#039;m trying to help in stating how I see your purchase of this specific slabbed bullion ASE and how well you did or didn&#039;t do. <u>I&#039;m not trying to rain on anyone&#039;s parade.</u></p><p><br /></p><p>As I said earlier in this thread, this is only an bullion ASE coin. THERE IS NO GRADE. And while it is slabbed by a TPG there is no grade worthy value nor premium for this coin. There wasn&#039;t any/much money spent &quot;grading&quot; this coin. &quot;First Strike&quot; is a marketing tool to sell these coins. </p><p><br /></p><p>You could walk into any coin shop selling ASEs in your town and for the current spot price plus the dealers mark-up on an Unc. ASE, along with a holder for the coin you could get this for less than you acquired it on eBay. The extra money that you spent on the slab and shipping makes this not that great of a deal. </p><p><b><br /></b></p><p><b>Your cost</b> $17.26 + $5.95 shipping = <b><span style="color: DarkRed">$23.21 </span></b></p><p><br /></p><p>&nbsp;For comparison, a local coin/bullion dealer would likely be charging less over spot price than an online bullion dealer would be. I will use Apmex.com here since they are easy to look up the going prices and indicate what their price over spot is per coin. </p><p><br /></p><p>On 2009.12.31 Apmex.com was selling 2006 Unc. ASEs for $19.93 (this is $2.49 over spot!) plus add on a generic DIY slab for the ASE. The holder might run $1.85 or less -or- you might opt for an Air-Tite holder that might cost: 0.60¢ - 0.80¢ each.</p><p><br /></p><p>$19.93 + $0.80¢ = <span style="color: Green"><b>$20.73</b></span> [difference is <span style="color: DarkRed">$2.48</span>]</p><p>$19.93 + $1.85¢ = <span style="color: Green"><b>$21.78 </b></span>[difference is <span style="color: DarkRed">$1.43</span>]</p><p><br /></p><p>Apmex premiums run high, so this is more than fair to suggest. The actual difference from buying locally is even higher than the Apmex example above. </p><p><br /></p><p>If you were to continue buying coins one-by-one like this as they pop up on eBay, searching for deals, over time you will pay a LOT more and spending less money better spent acquiring more bullion. That&#039;s to say that eventually the extra money you spent slightly over paying, due to bargain hunting, could have bought you more bullion. To realise a profit if you try to resell these coins down the road will be harder because you will need to wait longer for the spot price of bullion to rise and understand the price below spot you might be offered at the time you want to sell. This may not be worth your time spent holding/storing the coin until that time, nor your time and money spent searching for these &#039;deals&#039;. </p><p><br /></p><p>This slab is not going to bring you anything but protection from hits, scuffs and fingerprints, accidental spittle, etc. NO particular numismatic premium. And a bullion dealer won&#039;t look at this coin for it&#039;s pristine condition either. </p><p><br /></p><p>You would do much better to save your money and buy a larger quantity of Unc. (bullion/non-collectible) ASEs all at once where you will be paying less over spot OR if you just wanted a slabbed ASE in the first place, then buy a graded collectible version instead.</p><p><br /></p><p>Try to understand the differences in <i>what</i> you are buying and <i>why</i> you are buying these bullion coins to that of the collectible versions that may be TPG graded. Make sure you know whether you are buying for physical bullion investment or in this for the hobby of collecting coins/building a collection. If you are just bargain hunting then this wasn&#039;t a bargain.[/QUOTE]</p><p><br /></p>

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