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Why you should stick with generic rounds.
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<p>[QUOTE="TopcatCoin, post: 1733270, member: 22746"]I get it, but this debate between ASEs and generic rounds really comes down to a matter of taste. If you pay $2 more for an ASE (than a generic round) but later sell that same ASE for $2 more (than the generic round), it all comes down to preference and what you can afford. The OP is saying that ASEs have lost some of their gusto due to counterfeiting and uses his local auction as proof. I am not convinced. Go to any bullion site and you will see that the buy/sell prices of ASEs and generic rounds do not support his claim. I do have some generic rounds but mostly ASEs as I like the design. I also sold a bulk of my holdings last year to buy real estate. I can tell you that ASEs are very easy to sell. Also, back in 2008 when PM prices fluctuated dramatically, some online bullion dealers were not even paying spot silver for generic rounds but ASEs always had their premium. Nobody knows if the ASEs will always command a premium, but if they ever stop producing them or change the design, watch the numismatic value increase.[/QUOTE]</p><p><br /></p>
[QUOTE="TopcatCoin, post: 1733270, member: 22746"]I get it, but this debate between ASEs and generic rounds really comes down to a matter of taste. If you pay $2 more for an ASE (than a generic round) but later sell that same ASE for $2 more (than the generic round), it all comes down to preference and what you can afford. The OP is saying that ASEs have lost some of their gusto due to counterfeiting and uses his local auction as proof. I am not convinced. Go to any bullion site and you will see that the buy/sell prices of ASEs and generic rounds do not support his claim. I do have some generic rounds but mostly ASEs as I like the design. I also sold a bulk of my holdings last year to buy real estate. I can tell you that ASEs are very easy to sell. Also, back in 2008 when PM prices fluctuated dramatically, some online bullion dealers were not even paying spot silver for generic rounds but ASEs always had their premium. Nobody knows if the ASEs will always command a premium, but if they ever stop producing them or change the design, watch the numismatic value increase.[/QUOTE]
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