PCGS made a big mistake?

Well, we do know the price of the silver set ($99.95) and we know their bullion value took a hit this week, so then it is a worse equation than it was last week. But then when we divide the $100 (rounding) by 4 coins, that's just a whisker shy of $25 per coin. About, mo' or less, .38 ounces of silver per, so whatcha think? Keep in mind that the Mint is now charging over $21, even during discount period, for clad half dollar commems. They are required to not subsidize the creation costs, so they must be saying $20 is now about rock bottom all-in cost to produce a 50c numismatic coin. Is $99.95 high or low? I genuinely don't know, unless there's one or more of the set you wouldn't want. Then I'm sure it's high.

 

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And to

And to all a good night.

 

I like your titles Vic.......

Dang, this thread went to Hades in a hand basket real quick.......

 

Are you a coin collector or a bullion hoarder?

 

If you don't like their prices, don't by their products.

 

Beauty is in the eye of the beholder. A label is blind and can be affixed by anyone including Fruit of the LOOM

 

Yeah, thanks, I hadn't thought of that. [note to self: If you don't like their ....] HEY! Wait a minute! I already practice that!

 

So much for the First Amendment.

 

Ya know Onofrio? Rick (OP) never intended that this thread head in this direction. If you hate slabs so much so be it, but understand that others are entitled to their opinion too. Viva la difference. It's what makes us collectors.......

Could we please get back on track?

 

Please do not comment about the thread, without written authorization.

 

For me, it's more like Viva la indifférence.

 

But there's such 'passion' and drama published by some of the posters.........

 

I'm not even interested. I just finished discussing price labels on the outside of the slabs. I'm too tired to start arguing about the labels inside them.

If the exclusivity of specific labels is somehow undermined by just one TPG, the other ones win and collectors will learn or find out the details. Each TPG must have it's own unique past hiccups and I'm sure they point fingers at each other all the time. The bottom line is, if you really want a TPG that is more about the client, don't support one that has shares and shareholders.

 

I value ngc and pcgs labels greatly, when they say things like ms 64 or cameo. The rest is not important.

 

Hey, me too! Love those CAM and UC labels! Unless the date is 1971 or later. Then not s'much. Ne pas?

 

Here is why for this particular denomination, in this particular year only (unless the Mint goes totally nuts), I am going to be slabbing all 10 (no, I do not mean 11) varieties of 2014 Kennedy halves. The gold one holds no appeal for me at all. I don't, and won't own one unless gold bullion slides down to a $800ish level some day while I still breathe. Then I might, and I might still not look to get one. They WILL be out there and common as heck.

The 10 silverish colored 2014 Kennedy's are well known to us (duh, right?), but will my son still remember the details of the 10 when he's my age? Yeah, he might not give a rip. True. But he likes coins generally and he might. The coins I leave to him will all be tangible reminders of me to him. That is part of my selfish motive in my coin endeavors - to leave my kid a tangible legacy and in a sense add to my metaphorical extended lifetime. I wish my dad had thought to leave me something that I could pass on to my kid that said something about his life and what he cared about.edited: read rules

[Ew. Seriously? That is so gross.]

Anyway, I hope to all git out that a 10 coin annual update set, when compared to the hopefully still normal 4 (or better yet 3), will be interesting enough to him that having a nicely matched slabbed set of all 10 will reach the "hey, cool" spot in his noggin.

 

Gotta love 'Republicans'.....then again, gotta love Democrats too.....

 

So you want to leave a legacy of being too cheap to get the gold one? just kidding ya... kinda

 

At the risk of brushing up close against political economics, I'm going to abbreviate this response. I believe that in a few years we may all look back at the first half of the 20-teens decade and ask, "What were those morons thinking by running gold prices up like that?" I believe gold bullion prices even at this recently eroded level will some year soon look stratospheric and idiotic to us. I sold absolutely every scrap of generic non-set involved gold I owned at the Chicago ANA show in August ... 2011! I got $1890 an ounce. Smug? Yuppirs!

I do still buy exactly one 1/10 oz. current year AGE, bullion variety, every year, just to keep a set alive.

 

Why do you care about the price of gold if you just hope it becomes something passed down generation to generation?