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<p>[QUOTE="Chaplain Dave Sparks, post: 1812086, member: 58150"]I must say I love Art and Coin TV for its educational value, although I have never actually bought anything <b>DIRECTLY</b> from them. On a couple of occasions I have listened to one of Rick Tomaska's recommendations, done some comparison shopping on Ebay and bought the coin there, instead. For example, I bought a 1973-S Silver proof Ike certified by PCGS as PR69DCAM on Ebay for less than half of what Art and Coin TV was offering it, and for less than what the PCGS price guide listed it for. </p><p><br /></p><p>Rick did make a convincing case that the coin <b>MIGHT</b> become really valuable someday. Some things you need to watch for are <b>RERUNS</b> from many years previous, though. When they talk about "with silver being at $30, this is a no brainer", it's a dead giveaway, especially when they're pricing the coin the same as when silver was 50% higher than it is now. And while I am a bit of a precious metals bug, I also realize that buying <i><b>and selling</b></i> coins, like they do, must obviously be more profitable than buying and holding as they tell their customers to do.</p><p><br /></p><p>Rick also does say a few things that are technically true, but misleading. For example, quoting low PCGS/NGC population figures as a sign of "condition rarity". It's a <i>Catch 22</i>. When a coin currently sells for a low price, it's often not economical to submit it for grading, possibly making it <b>LOOK</b> as if it's "rare in grade". Unless actual mintage figures support absolute rarity, a rising market may cause collectors to submit the coins for grading, boosting previously low population figures.</p><p><br /></p><p>I'm considering a strategy that <b>MAY</b> eventually pay off, though. I've been analyzing a number of relatively low mintage commemorative dollars currently available in PR69DCAM certified grade for a relatively low multiple over its silver melt value.[/QUOTE]</p><p><br /></p>
[QUOTE="Chaplain Dave Sparks, post: 1812086, member: 58150"]I must say I love Art and Coin TV for its educational value, although I have never actually bought anything [B]DIRECTLY[/B] from them. On a couple of occasions I have listened to one of Rick Tomaska's recommendations, done some comparison shopping on Ebay and bought the coin there, instead. For example, I bought a 1973-S Silver proof Ike certified by PCGS as PR69DCAM on Ebay for less than half of what Art and Coin TV was offering it, and for less than what the PCGS price guide listed it for. Rick did make a convincing case that the coin [B]MIGHT[/B] become really valuable someday. Some things you need to watch for are [B]RERUNS[/B] from many years previous, though. When they talk about "with silver being at $30, this is a no brainer", it's a dead giveaway, especially when they're pricing the coin the same as when silver was 50% higher than it is now. And while I am a bit of a precious metals bug, I also realize that buying [I][B]and selling[/B][/I] coins, like they do, must obviously be more profitable than buying and holding as they tell their customers to do. Rick also does say a few things that are technically true, but misleading. For example, quoting low PCGS/NGC population figures as a sign of "condition rarity". It's a [I]Catch 22[/I]. When a coin currently sells for a low price, it's often not economical to submit it for grading, possibly making it [B]LOOK[/B] as if it's "rare in grade". Unless actual mintage figures support absolute rarity, a rising market may cause collectors to submit the coins for grading, boosting previously low population figures. I'm considering a strategy that [B]MAY[/B] eventually pay off, though. I've been analyzing a number of relatively low mintage commemorative dollars currently available in PR69DCAM certified grade for a relatively low multiple over its silver melt value.[/QUOTE]
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