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<p>[QUOTE=&quot;Mr. Coin Lover, post: 833812, member: 16060&quot;]I&#039;m back, sorry about that.&nbsp; In Florida you learn to respect the thunderstorms, they can be really wicked.&nbsp; I read the comments posted so far, I hope we have a good discussion here.&nbsp; I&#039;ll not comment on any of the posts until I complete this.</p><p><br /></p><p>So I have tried to state why people prefer slabbed coins, but not modern issues in MS or PF 70 with or without special designations. I&#039;ll comment on that next:</p><p><br /></p><p>#1- It is important to some people to have the best.&nbsp; At the same time they may limit their collecting to best they can afford.&nbsp; It is a lot cheaper to buy a MS 70 ASE than a MS 67 or 68 Peace Dollar or Morgan Dollar.</p><p><br /></p><p>#2- It may give them a feeling their collection is really something special.&nbsp; This would go on to include FDOI designations and others.</p><p><br /></p><p>#3- It may be again for investment or hope for higher profit potential.&nbsp; Recently I saw Coin Vault sell 2010 ASEs with a special slab stating 25th Anniversary.&nbsp; Some people were buying these there, then selling on ebay for a quick profit. </p><p><br /></p><p>#4- Going along with the investment/profit it could be they see how much some the older ASEs or Fractional Buffalos sell for.&nbsp; They think there will be a hudge opportunity down the road.&nbsp; I saw HSN sell over one million dollars worth of ANACS MS 70 2010 ASEs.</p><p><br /></p><p>#5- Television shows harp on continously how low the percentage is going to be on their MS or PF 70s they are selling.&nbsp; They do an excellent job of marketing these I think we would all have to agree on.&nbsp; TPG companies have also certainly beefed up there marketing as well. </p><p><br /></p><p>Now these high grade moderns have been around now for several years, and sell quite well.&nbsp; I know many say here eventually they will lose their value, and like I stated earlier I used to agree.&nbsp; But, I am tending to think this is not the way it is going to be.</p><p><br /></p><p>Coin collecting goes through phases over the years with most of you knowing these without me going over any.&nbsp; We are definitely in a &quot;slab popular&quot; phase now in my opinion.&nbsp; The difference with this to me is it only going to get stronger for a long time to come.</p><p><br /></p><p>Now does that mean I&#039;m going to sell all my raw ASEs and go out and buy MS 70s? No, of course not.&nbsp; But, at the same time I think those that buy these new isssues in the highest grades are not making a mistake.&nbsp; IMO, using this as an example, a 2010 ASE raw and one in the grade of MS 70 five years from now the one that is slabbed will have shown to be the better investment.&nbsp; As always even if one has no intention of reselling, it is nice to know you made a good purchase.</p><p><br /></p><p>Am I correct on any this?&nbsp; Maybe not, maybe some, and who knows possibly alot.&nbsp; I know myself over the last year I have changed somewhat concerning slabbed coins as stated:</p><p><br /></p><p>#1- I did want to own something in PF 70.&nbsp; I chase the &#039;09 Quarters in clad and silver all graded by NGC.&nbsp; I didn&#039;t purchase them for any other reason except I just wanted to own something in the 70 grade, and they were affordable.&nbsp; I have no intention in expanding my 70 collection.</p><p><br /></p><p>#2- I&#039;m working on a set of obsolete coins.&nbsp; So far I have purchased two, and as many of you know this consists of numerous different coins.&nbsp; I don&#039;t have the time or desire to spend becoming acquainted enough with each coin to feel comfortable buying raw.&nbsp; I have really come to appreciatel though that all slabbed in the same grade are not equal.&nbsp; I really see differences in MS 63 and 64.[/QUOTE]</p><p><br /></p>

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