Yet Another Graded Bullion Thread

Discussion in 'Bullion Investing' started by Randy Abercrombie, Sep 21, 2019.

  1. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Been so much discussion lately about the merits of graded bullion that I thought I would add another. Happened to be spending some quality time with my coins when this caught my attention.

    I cannot remember when or where I came by this though I am confident that I bought it at whatever spot was at the time. It struck me as odd that NGC did not assign a Sheldon scale number to this bullion coin. With so much discussion lately about graded bullion I thought this was odd, though I wish all slabbed bullion were labeled this way.

    Is assigning a Sheldon grade to bullion a recent thing for the TPG’s?

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  3. furryfrog02

    furryfrog02 Well-Known Member

  4. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Yep... Me too. LOL
    furryfrog02 and Inspector43 like this.
  5. Seattlite86

    Seattlite86 Outspoken Member

    @Randy Abercrombie good question. I'd have assumed it would receive a grade unless it was submitted in bulk and didn't hit the 69/70 the submitter wanted. Of course, this isn't my forte, so I'm hoping to hear from those who know a little more.
  6. baseball21

    baseball21 Well-Known Member

    Bulk submissions can have that put on it. They can either choose to have them all done that way or they can have the coins that don’t meet their minimum grade on the submission slabbed that way
    Randy Abercrombie likes this.
  7. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    if i said in once, ive said it a million times, friends dont let friends grade
    Bullion !!
  8. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Good catch, Randy.
    Randy Abercrombie likes this.
  9. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Well, when you buy a slabbed bullion coin at spot I figured I saved fifty cents since I didn’t have to buy a flip to put it in.;)
    mpcusa and midas1 like this.
  10. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Buying at spot sounds good to me :) i only have issues when your paying
    For a grade on a coin that is already gem, those premiums are tough to get back !
    Randy Abercrombie likes this.
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