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Thoughts on collecting grade 70 slabs...
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<p>[QUOTE="Leadfoot, post: 1605191, member: 2972"]I am always wary of collecting avenues where (a) I have trouble distinguishing the differences between coins, (b) when the same coin raw sells for a small fraction of the slabbed coin, and (c) there seems to be a lot of value in the slab. </p><p><br /></p><p>Last, but not least, I do not view all MS-70 coins as the same. A proof MS-70 silver quarter from a proof set is quite different from a proof gold ASE -- the value of the slab is quite different as is the underlying bullion value.</p><p><br /></p><p>So while there is always the exception to any rule, I am not bullish on the long term investment potential of slabbed MS-70 coins for those reasons.</p><p><br /></p><p>Now if you collect them for yourself as a hobby with disposable income I see nothing at all wrong with them. Who am I to tell you how to collect?</p><p><br /></p><p>But if you're asking about the long term potential for value appreciation, I'd look to other areas of numismatics for better returns (or a higher bottom) over time.[/QUOTE]</p><p><br /></p>
[QUOTE="Leadfoot, post: 1605191, member: 2972"]I am always wary of collecting avenues where (a) I have trouble distinguishing the differences between coins, (b) when the same coin raw sells for a small fraction of the slabbed coin, and (c) there seems to be a lot of value in the slab. Last, but not least, I do not view all MS-70 coins as the same. A proof MS-70 silver quarter from a proof set is quite different from a proof gold ASE -- the value of the slab is quite different as is the underlying bullion value. So while there is always the exception to any rule, I am not bullish on the long term investment potential of slabbed MS-70 coins for those reasons. Now if you collect them for yourself as a hobby with disposable income I see nothing at all wrong with them. Who am I to tell you how to collect? But if you're asking about the long term potential for value appreciation, I'd look to other areas of numismatics for better returns (or a higher bottom) over time.[/QUOTE]
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