Message:

<p>[QUOTE=&quot;Vess1, post: 636747, member: 13650&quot;]I agree.&nbsp; I also think the 70 grade tends to get way over-valued, especially concerning bullion coins.&nbsp;&nbsp; I mean really.&nbsp; People should splash some cold water on their face and slap themselves a few times and start thinking deeply about this.&nbsp;&nbsp; It&#039;s a $20 bullion coin!!&nbsp; On top of that, they are ALL specially handled to come out nearly perfect to begin with!&nbsp;&nbsp; It&#039;s not even like trying to get a 2009 high grade presidential dollar rolling off the presses into enormous bags.&nbsp; </p><p><br /></p><p>&nbsp; They are all specially handled.&nbsp; Some may have a spec on the rim or a tiny spot in the field.&nbsp;&nbsp; In the end, that is still a $20 bullion coin the same as a MS70. </p><p>&nbsp; It has been said many times that 70s cracked out of the slabs and sent back to the TPGs would have a very small chance of getting 70 grades again because even the graders will vary or find a microscopic flaw based on their eye sight, that may have been missed before.&nbsp; Who knows? </p><p><br /></p><p>&nbsp; So far, I&#039;ve purchased one PF70 ASE and that was an &#039;08 (at a great deal) to go with my complete &#039;08 PF70 commemorative Bald eagle set.&nbsp;&nbsp; I doubt I will ever buy another.&nbsp; &nbsp; There&#039;s just too many coins out there to warrant that kind of premium on specially handled, high mintage bullion coins.&nbsp;&nbsp; Commemoratives, maybe but barely worth it.&nbsp; I wouldn&#039;t go for much of a premium on most.</p><p><br /></p><p>&nbsp; BTW, that is a pyramid scheme.&nbsp; The guys who started it are probably getting free MS70 silver eagles by now.&nbsp;&nbsp; Whoever the supplier is has got to be thrilled.&nbsp;&nbsp; </p><p><br /></p><p>&nbsp;IMO, you&#039;d be better off going to ebay and buying $120 worth of as many raw silver eagles as you can get.&nbsp;&nbsp; Way more value.&nbsp; I think there&#039;s a huge risk that the &quot;70 market&quot; especially for bullion coins is going to crash some day.&nbsp;&nbsp; Honestly, it&#039;s just too huge of a premium for it to sustain long term in my opinion.&nbsp; The differences are so minute at that level.&nbsp; I believe in the 70 grade and warranting a premium but not 2x,3x,4x prices and beyond.[/QUOTE]</p><p><br /></p>

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