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I don't get the hype with MS70
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<p>[QUOTE="Cloudsweeper99, post: 921562, member: 3011"]The CoinTalk forum probably represents the "smart money" in the hobby. The "smart money" is almost universally against high-grade bullion. This opens up a huge profit potential in the hobby. Someday, the ASE program will be terminated. When this happens, every ASE will immediately begin to accrue at least some numismatic value because the supply will be fixed and the demand will continue. It will be possible for collectors to assemble complete sets with a known number of coins. Remember, at one time Morgan dollars were primarily bullion coins kept as bank reserves, and thought of as ugly coins. </p><p><br /></p><p>Sometimes the "smart money" turns out to be not so smart when you apply present day opinion and fashion to try to determine what will be future period fact. Nobody knows what the status of today's MS70 bullion will be in thirty years. I suspect the coins will be very valuable, but MS69 might be the real sleepers since they are much lower in price.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 921562, member: 3011"]The CoinTalk forum probably represents the "smart money" in the hobby. The "smart money" is almost universally against high-grade bullion. This opens up a huge profit potential in the hobby. Someday, the ASE program will be terminated. When this happens, every ASE will immediately begin to accrue at least some numismatic value because the supply will be fixed and the demand will continue. It will be possible for collectors to assemble complete sets with a known number of coins. Remember, at one time Morgan dollars were primarily bullion coins kept as bank reserves, and thought of as ugly coins. Sometimes the "smart money" turns out to be not so smart when you apply present day opinion and fashion to try to determine what will be future period fact. Nobody knows what the status of today's MS70 bullion will be in thirty years. I suspect the coins will be very valuable, but MS69 might be the real sleepers since they are much lower in price.[/QUOTE]
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I don't get the hype with MS70
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