Message:

<p>[QUOTE=&quot;supradealz, post: 1293195, member: 34016&quot;]i think you&#039;re missing the point though. you say &quot;to those collectors and registry guys&quot;. that is a submarket who want the best and fight for the best coin. with ASE they are pretty much either handled and worth bullion, ms69, or ms70. ms68 and below is bullion, you&#039;re wasting your money slabbing it. so theres no distinction other than bullion, MS69, or MS70</p><p><br /></p><p>start looking at 1921-D Walking Liberty and say why would anyone want to pay over $40k for an MS66 when you can buy a G10 for $300? They&#039;re the same coin. Made the same year in the same mint. Its because there are so few MS+ coins, thats why it deserves its grade and price. And theres a very very slim but strong market for that coin. A casual hobbiest would get that G10 or less and complete their collection. </p><p>Its 2 different markets. People are saying that theres no reason to pay extra for a true MS70 ASE, or that you cant tell the difference, well thats just silly. Maybe theres no reason for YOU to buy one, especially if you buy it at bullion prices or buy them raw. You&#039;re investing in bullion, not in numismatic coins. Same reason people pay thousands of times face value for rare nickels and quarters.</p><p>Yes prices go up and down just like houses go up and down and even silver goes up and down. If you loaded up on 2011 ASE&#039;s when it was $42 you just took a bath. There are just as many examples of numismatic coins from 10 years ago that are worth 10 fold. Most of the coins that lost a lot of value were truly speculative coins with a &quot;perceived&quot; rarity like the 1995-W silver eagle. There were 30,000 made and nearly every single one was slabbed, so it has a high survival rate. Low mintage but high survival. Versus a 1999 bullion that people bought for $9-10 as bullion and due to demand had poor mintage quality control. Where only 78 or so exist. If its a 99 and hasnt been slabbed, it probably won&#039;t be other than maybe 1 or 2 a year from old sealed rolls.</p><p>And whats interesting is I bought 2010 and 2011 MS70 silver ASE cheaper when silver was $37-42/oz than when it was $28-30 so semi-numismatic follows supply &amp; demand not just spot.</p><p><br /></p><p>Tell you what, as an example, you buy $3000 worth of silver. I&#039;ll take one of my MS70 25th anniv sets that i paid $300 for thats sealed and we&#039;ll see which is worth more in 5 years. Its going to be one of the KEY years besides 95-w since it has 2 special coins and has such low mintage.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in