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<p>[QUOTE="TheMont, post: 2583309, member: 80121"]I'm 1985 Ronald Regan signed the bill creating American Silver Eagles and American Gold Eagles so Americans could own gold and silver and the government could reduce it strategic gold and silver supply. They started striking them in 1986.</p><p><br /></p><p>In 1986 PCGS made it's debut and one year later NGC. For several years ASEs & AGEs were not graded, then the TV shows and marketeers got the idea that if they graded coins, they would consistently grade a 69 or 70, they could charge more for them and create a demand for them slabbed. Over the years they've added things like First Strike, Early Releases, and now First Day of Issue (I still don't know how they pulled that one off). They're even offering the same coin in red, white and blue holders for a crazy price.</p><p><br /></p><p>What they've done is create an artificial demand for MS and PR 70 coins and it seems to be working. Look at some of the Sales (not asking price) for MS and PR70 early American Silver Eagles, they are selling for 5 figures on eBay. Three things make a coin valuable: rarity, eye appeal, and demand, the sellers have created a demand for certified bullion coins, there are thousands of people out there who add to their certified sets of ASEs each year.</p><p><br /></p><p>My opinion? Whatever what makes a person happy. There are companies out there that sell certified ASEs for basically bullion prices plus a few dollars, so the question of what happens if the price of silver drops (it has since Trump's win) is you will get less for the silver you bought when silver was higher, whether it's in a slab or raw. I have a set of PR69 ASEs in NGC black core holders (except for that pesky 2009). Why, because I want to and it makes me happy to have them that way. Will I make more money having them certified and graded rather than raw? Only time will tell, but in the meantime I enjoy them. Would I recommend that everyone have a set also? No, do what makes you happy, the few extra dollars I paid for the certified version is worth it to me.[/QUOTE]</p><p><br /></p>
[QUOTE="TheMont, post: 2583309, member: 80121"]I'm 1985 Ronald Regan signed the bill creating American Silver Eagles and American Gold Eagles so Americans could own gold and silver and the government could reduce it strategic gold and silver supply. They started striking them in 1986. In 1986 PCGS made it's debut and one year later NGC. For several years ASEs & AGEs were not graded, then the TV shows and marketeers got the idea that if they graded coins, they would consistently grade a 69 or 70, they could charge more for them and create a demand for them slabbed. Over the years they've added things like First Strike, Early Releases, and now First Day of Issue (I still don't know how they pulled that one off). They're even offering the same coin in red, white and blue holders for a crazy price. What they've done is create an artificial demand for MS and PR 70 coins and it seems to be working. Look at some of the Sales (not asking price) for MS and PR70 early American Silver Eagles, they are selling for 5 figures on eBay. Three things make a coin valuable: rarity, eye appeal, and demand, the sellers have created a demand for certified bullion coins, there are thousands of people out there who add to their certified sets of ASEs each year. My opinion? Whatever what makes a person happy. There are companies out there that sell certified ASEs for basically bullion prices plus a few dollars, so the question of what happens if the price of silver drops (it has since Trump's win) is you will get less for the silver you bought when silver was higher, whether it's in a slab or raw. I have a set of PR69 ASEs in NGC black core holders (except for that pesky 2009). Why, because I want to and it makes me happy to have them that way. Will I make more money having them certified and graded rather than raw? Only time will tell, but in the meantime I enjoy them. Would I recommend that everyone have a set also? No, do what makes you happy, the few extra dollars I paid for the certified version is worth it to me.[/QUOTE]
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