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Why would a 1999 NGC MS-70 ASE be worth $25,000 ?
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<p>[QUOTE="GDJMSP, post: 1293322, member: 112"]I don't dispute that because I can do it myself.</p><p><br /></p><p><br /></p><p><br /></p><p>So would I, and as much as it will probably surprise you, I have done so, numerous times. Of course I sold them all many years ago when prices were still high because I saw the handwriting on the wall.</p><p><br /></p><p><br /></p><p><br /></p><p>It's not so much that you shouldn't pay more as it is that you shouldn't pay so much more. Especially when you consider that the prices on these things have been dropping for almost 10 years and it very likely they will continue to drop.</p><p><br /></p><p>We say what we say to warn people who do not know this in the hope that they won't throw their money away. </p><p><br /></p><p>And as a general rule, most people can't tell a 69 from a 70. Nor can they tell the difference between a 65 and 66, or 40 and 45, or a 6 and an 8. Face it, most people do not know how to grade correctly. </p><p><br /></p><p>So why should they pay stupid money for a modern bullion coin that only a small handful of collectors will buy ? If you like the coins and want to collect them - Great ! More power to you. But don't be stupid about it. Don't pay over $1000 for one of them graded 70 when you can get the same coin graded 69 for a little more than the value of the silver. Especially when history says that value will not stay that high.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1293322, member: 112"]I don't dispute that because I can do it myself. So would I, and as much as it will probably surprise you, I have done so, numerous times. Of course I sold them all many years ago when prices were still high because I saw the handwriting on the wall. It's not so much that you shouldn't pay more as it is that you shouldn't pay so much more. Especially when you consider that the prices on these things have been dropping for almost 10 years and it very likely they will continue to drop. We say what we say to warn people who do not know this in the hope that they won't throw their money away. And as a general rule, most people can't tell a 69 from a 70. Nor can they tell the difference between a 65 and 66, or 40 and 45, or a 6 and an 8. Face it, most people do not know how to grade correctly. So why should they pay stupid money for a modern bullion coin that only a small handful of collectors will buy ? If you like the coins and want to collect them - Great ! More power to you. But don't be stupid about it. Don't pay over $1000 for one of them graded 70 when you can get the same coin graded 69 for a little more than the value of the silver. Especially when history says that value will not stay that high.[/QUOTE]
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Why would a 1999 NGC MS-70 ASE be worth $25,000 ?
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