Reply to Thread

Message:: [QUOTE="medoraman, post: 2150412, member: 26302"]My first point was that something higher than MS70 might be coming down the pike. Let's ignore the possibility of an MS71. Are you going to argue a MS70+ would not sell for more than MS70? Would you argue a MS70*  would not sell for more than a MS70? If they would sell for more, then you will have a flood of older MS70 coins being resubmitted hoping for the "higher" designation. When this happens, the price of a normal MS70 will fall down to the price of a MS69 today. The price of a MS70 is not for the coin, but so that people can brag to their friends and have their registry sets claim they are "the best". The moment a MS70 is not "the best" it will lose most of its premium. That premium money will move to whatever now is labeled as "best", either a MS71, MS70+, or whatever. Therefor, my original advice of picking out the best coins in 70 holders and divesting inferior 70's makes sense does it not? Are you going to argue for trying to hold superior coins regardless of what the plastic says? I am just saying such sound advice might have a rich payoff in the near future.[/QUOTE]