Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
My First Graded ASE
>
Reply to Thread
Message:
<p>[QUOTE="Endeavor, post: 4872691, member: 60292"]Would most (all?) collectors prefer an MS70 at an equal or slightly higher price than any other grade? Sure. However, from my experience as a seller, most collectors are not willing to pay double (sometimes more) for a 70 compared to the price of a 69. The major reasons pricing for a 70 is so much higher are...</p><p><br /></p><p>1) the illusion that you are getting a perfect coin. Not the case. If you look close enough you will always find a flaw. I can't tell you how many times I've compared 70s to 69s and you don't see an overall difference, at least not one to justify paying much more. More times than not the two grades are of similar condition. If 90+% of the time the difference in grade was noticeable, I would say maybe it's worth the much higher premium. This lack of consistency though does not warrant the higher price, in my opinion.</p><p><br /></p><p>2) Registry collectors who just want those extra points.</p><p><br /></p><p><br /></p><p><br /></p><p>From an investment standpoint, common date ASEs are nowhere near the top of the list of best coins to invest in. I don't think you'll find disagreement from anyone on that.</p><p><br /></p><p>I do believe however that they have some investment potential from collectors in the future wanting to build a full set (1986-last date). This is the same reasoning for my belief that graded ASEs may have some future investment potential. That's not to say they'll ever be the best investment. That's a different conversation.[/QUOTE]</p><p><br /></p>
[QUOTE="Endeavor, post: 4872691, member: 60292"]Would most (all?) collectors prefer an MS70 at an equal or slightly higher price than any other grade? Sure. However, from my experience as a seller, most collectors are not willing to pay double (sometimes more) for a 70 compared to the price of a 69. The major reasons pricing for a 70 is so much higher are... 1) the illusion that you are getting a perfect coin. Not the case. If you look close enough you will always find a flaw. I can't tell you how many times I've compared 70s to 69s and you don't see an overall difference, at least not one to justify paying much more. More times than not the two grades are of similar condition. If 90+% of the time the difference in grade was noticeable, I would say maybe it's worth the much higher premium. This lack of consistency though does not warrant the higher price, in my opinion. 2) Registry collectors who just want those extra points. From an investment standpoint, common date ASEs are nowhere near the top of the list of best coins to invest in. I don't think you'll find disagreement from anyone on that. I do believe however that they have some investment potential from collectors in the future wanting to build a full set (1986-last date). This is the same reasoning for my belief that graded ASEs may have some future investment potential. That's not to say they'll ever be the best investment. That's a different conversation.[/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
My First Graded ASE
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...