Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
How'd I do!!
>
Reply to Thread
Message:
<p>[QUOTE="CamaroDMD, post: 774932, member: 5233"]...and you use it incorrectly because of that. ASE's are highly collected and as a result sell for a premium over spot consistently. You very rarely find one for spot...especially in a BU NGC slab. Since the OP never mentioned he bought the coin for an investment (and this is in Coin Chat and not the Bullion Investment forum) I assume he bought it as a collector piece. </p><p><br /></p><p>The reason this coin is in a NU holder is probably because it grades MS68 or less. Often times, ASE's are submitted to the TPGs in bulk with the instructions to grade and slab only the coins that are MS69 or higher (or a grade the specify). The remainders are placed in BU holders without a grade. </p><p><br /></p><p>There is nothing wrong with this coin. If he turned around and sold it to a dealer today would be lose money...yes, but that's the case for 99% of our coin purchases. Dealers pay less then retail for coins (and yes, eBay prices often reflect the retail market these days).[/QUOTE]</p><p><br /></p>
[QUOTE="CamaroDMD, post: 774932, member: 5233"]...and you use it incorrectly because of that. ASE's are highly collected and as a result sell for a premium over spot consistently. You very rarely find one for spot...especially in a BU NGC slab. Since the OP never mentioned he bought the coin for an investment (and this is in Coin Chat and not the Bullion Investment forum) I assume he bought it as a collector piece. The reason this coin is in a NU holder is probably because it grades MS68 or less. Often times, ASE's are submitted to the TPGs in bulk with the instructions to grade and slab only the coins that are MS69 or higher (or a grade the specify). The remainders are placed in BU holders without a grade. There is nothing wrong with this coin. If he turned around and sold it to a dealer today would be lose money...yes, but that's the case for 99% of our coin purchases. Dealers pay less then retail for coins (and yes, eBay prices often reflect the retail market these days).[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
How'd I do!!
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...