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Why Grade Bullion coins & 1st Strike???
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<p>[QUOTE="Bart9349, post: 1104595, member: 5682"]First strike: Scam</p><p><br /></p><p>Silver: Probable gimmick. Don't know. Don't care.</p><p><br /></p><p>Modern GOLD bullion: When gold was $250 an ounce, probably not worth it. With gold over $1300, it is more interesting. Slabbed gold is a lot easier to flip. It is relatively inexpensive to slab modern gold. High graded bullion gets a premium (and not worth the premium, IMHO).</p><p><br /></p><p>Pre-1933 gold: More interesting. Usually, common bullion-type gold is not worth more than just bullion. High graded bullion pieces, however, get a premium. Some high graded common pre-1933 are quite beautiful and this separates the collector from the bullion investor. Once again, slabbed pre-1933 gold is easier to flip, no matter what the grade. BTW, one can buy rather nice slabbed pre-1933 gold for about bullion, getting the added assurance from a TPGer as well as a nice piece of numismatic art.</p><p><br /></p><p>Oops. I'm sorry. I actually suggested collecting coins for art and history as opposed to a mere investment. My bad.</p><p><br /></p><p>guy[/QUOTE]</p><p><br /></p>
[QUOTE="Bart9349, post: 1104595, member: 5682"]First strike: Scam Silver: Probable gimmick. Don't know. Don't care. Modern GOLD bullion: When gold was $250 an ounce, probably not worth it. With gold over $1300, it is more interesting. Slabbed gold is a lot easier to flip. It is relatively inexpensive to slab modern gold. High graded bullion gets a premium (and not worth the premium, IMHO). Pre-1933 gold: More interesting. Usually, common bullion-type gold is not worth more than just bullion. High graded bullion pieces, however, get a premium. Some high graded common pre-1933 are quite beautiful and this separates the collector from the bullion investor. Once again, slabbed pre-1933 gold is easier to flip, no matter what the grade. BTW, one can buy rather nice slabbed pre-1933 gold for about bullion, getting the added assurance from a TPGer as well as a nice piece of numismatic art. Oops. I'm sorry. I actually suggested collecting coins for art and history as opposed to a mere investment. My bad. guy[/QUOTE]
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