Reply to Thread

Message:: [QUOTE="1970 Silver Art, post: 921500, member: 18828"]I do not know much about slabbed bullion but I think that collectors are buying these because they want to collect them. That is the only reason that I can see on why they are they are buying these slabbed bullion coins. They are willing to pay a "collectors" premium to get these.  People who are not collectors and just want to buy the gold and silver are going to buy the raw bullion and are not going to buy slabbed MS-70 bullion.  As long as you have collectors that are buying them, then they are going to continue to sell well. I also guess that since the slab says PCGS or NGC and it says first strike, then collectors are probably thinking that there might be "future numismatic value" in these and they are probably thinking that they are getting in on the "ground" floor.  Some of these collectors might be thinking that, for example, that MS-70 PCGS "First Strike" 2006 Gold Buffalo that they bought for a "low price" of $500 over spot gold will be the next "Action Comics #1".[/QUOTE]