HSN interesting NGC slab

^^ you are being pretty specific on what you want to label a partnership. But I have observed it being a much more fluid thing at times.

 

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That is what a partnership is though some forum of mutual control or mutual financial dependence. I’m not partners with my grocery store because I buy food there, or partners with Best Buy for buying a DVD player, or partners with the irs for paying taxes ect. HSN pays ngc for a service

 

That label is exclusive to HSN, limit 5k. I have no problem with it. ANACS, ICG and PCGS also work with HSN.

They can put anything on the label if customer pays for it. I bet if someone shows up with 1M at NGC's door asking for their dog's picture on the label of x amount of slabs, they'd do it.

What I don't like is the 2017 coin in 2018 holder. I understand they couldn't sell an empty holder should have at least covered the date or find a solution. Not very professional.

 

I actually saw the segment, HSN did for the most part make a conscious effort to keep something on the screen over where the coins date actually was. The host moving it around and and holding it up and everything revealed it. I do agree they should have done a better job trying not to reveal it but it isn’t the first time they’ve done it. Stabbing it reverse forward may have been a better option to hide the date.

 

Not really..

 

That’s a different segement than when it was first shown. There was a red box they came across the screen at the pierce height with some information in the initial showing.

 

Have a wonderful rest of your evening as well.

 

Here’s one of my favorite HSN/NGC offerings: a complete year set of specially labeled Struck in San Francisco American Silver Eagles. The coins have no S mint mark, but the labels say they were minted there. Comes with a red oak presentation box and only $469.95. Too bad they are not graded MS70!

https://www.hsn.com/products/ms69-ngc-all-the-s-mint-silver-eagle-dollar-coins/8454636

 

Those were struck at San Francisco and it’s standard for them to be labeled that way when submitted in the proper fashion

 

Yeah, all you need to do is carry all 500 of them around in an unopened Green Monster box, but once the box is opened, all 500 are just a bunch of SAE's.

Chris

 

Exactly. It’s certainly not a submission that a casual submitters wallet would enjoy, but there was nothing special going on with those for HSN which I think was what was being implied

 

Grade them however you want, put all the funny labels on them as your heart desires and the bottom line is that you still have an ounce of silver worth $17.16 (the spot price now). Anything more is speculation, fueled by a lack of knowledge being well fed by chicanery.

 

Every coin is just worth it’s metal content or face value then if grade doesn’t matter.

 

I think the point is that especially with ASEs, most of the coins will grade from MS-67 up. So the populations of MS 69 and 70 coins will not only be very high, but more raw ones will be available for grading.

The availability in these super high grades will eventually kill their value because they just won't be scarce. They will, in fact, be common, thereby falling in value to the level of raw coins.

 

Really most coins are common. I completely agree the grade range those are dealing with is different as well as the likely premium ranges, but in it's simplest form grading resulting in numismatic premiums is all the same regardless of what the coin is.

 

I don't agree that the slab brings a premium as much as the slab gives it liquidity (makes it easier to sell).

 

Not as common as ASEs minted last week.

 

Lincolns are far more common, many Morgans would be as well off the top of my head. I'm sure you could find some Mercs that are more common as well as some others

 

ASEs are most common in high grades. More than Lincolns, Morgans, or any actual coin made for circulation.

Let's stick to the point we're trying to establish.

 

I am sticking to it. Coin by coin they're far from the most common coin. We aren't talking about grade rarities were talking about being a common coin.