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<p>[QUOTE=&quot;19Lyds, post: 2376443, member: 15929&quot;]&quot;Why do we Grade Bullion?&quot;</p><p><br /></p><p>Because we (they) can.........</p><p><br /></p><p>I once was in that crowd but after having lost my butt on resales (over the long run)......I left that crowd.</p><p><br /></p><p>Grading bullion, regardless of the number of big ticket auctions that folks post, will never amount to more than a fools errand in that what you buy today as graded bullion, MS/PR70 or not, is simply going to lose money over the long run.</p><p><br /></p><p>Big ticket items are based upon populations, not grade. Populations can change with the next submission and I can guarantee you that if a 1995 ASE sold for 5+ grand on Great Collections that there will be 100 coin dealers making bulk submissions on 1995 ASE&#039;s to try and achieve the same price. For the 1995, not many have made the mark but historically speaking, that could change at any moment and when it does, the profit margin ends. These are not &quot;rare&quot; with regard to any definition of the word rare and as such, prices will go down. It;s just a question of when.</p><p><br /></p><p>I would caution any collector that is considering entering the MS/PR70 SAE Market to understand that what they pay is NOT necessarily what they&#039;ll get and that if they understand that basic fact, then they are certainly free to do whatever they wish.[/QUOTE]</p><p><br /></p>

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