A lot of people here don't like it but the FS designation is valuable, whether it is meaningful or not. It will continue to command a premium. The MS70 from ABC grading company is essentially ungraded and now you don't even have the mint packaging. I wouldn't pay much more than melt for it.--Jerry
Funny this thread came up. Ten minutes ago on ebay I went to my MS70's search, then advanced search, exclude these words and put in gold. Buffaloes are now most of the PCGS MS70 market.
<< <i>The MS70 from ABC grading company is essentially ungraded and now you don't even have the mint packaging. I wouldn't pay much more than melt for it. >>
The anniversary sets would be a nice "collectible keepsake"!!
But buying bullion in high-priced slabs not telling the difference between a 69 vs 70 is plain goofy. Iv'e done that and had some of the highest rated sets. I finally wised up to the fact that if I truly wanted to have something of real value in 10 years it wasn't going to be slabs of bullion. To each his own. If you find it enjoyable and don't care what your collection is worth down the road, then go for it!
<< <i>The anniversary sets would be a nice "collectible keepsake"!!
But buying bullion in high-priced slabs not telling the difference between a 69 vs 70 is plain goofy. Iv'e done that and had some of the highest rated sets. I finally wised up to the fact that if I truly wanted to have something of real value in 10 years it wasn't going to be slabs of bullion. To each his own. If you find it enjoyable and don't care what your collection is worth down the road, then go for it! >>
Although PCGS ONLY MS or PF70's carry a special value in the market, even for bullion.
That's true! However I found that over time, initial inflated prices on even PCGS bullion slabs come down in value, (other than the 1995-W ASE.) I know that they are fun to collect, but just watch what happens when it's time to sell. You won't be a happy camper!!
<< <i>That's true! However I found that over time, initial inflated prices on even PCGS bullion slabs come down in value, (other than the 1995-W ASE.) I know that they are fun to collect, but just watch what happens when it's time to sell. You won't be a happy camper!! >>
Caveat Camper... BTW, I agree with you - but the PCGS only 70's still hold a premium - only worthwhile IMO (1995-W nonwithstanding) if you make them yourself.
The 70's premium has been shrinking during the last three years. I know, because I had the fourth highest rated ASE Proofs as well as many other high rated bullion sets.
You are exactly right, unless you build them yourself, there is absolutely no profit potential whatsoever.
Both are not worth a cent over what the mint issued them at. All this high grade modern bullion stuff is nothing but a bunch of BS in my opinion. Why pay massive premiums for an MS70 or 69 coin when a 68 or 67 looks almost identical and at a much lower cost?
Comments
The off label holder is worth less than the same in original mint packaging...IMHO!
Ike Specialist
Finest Toned Ike I've Ever Seen, been looking since 1986
In the end who cares, gold is gold, if it cots less then it is a better deal.
<< <i>neither. you can buy a PCGS MS69 First Strike from apmex right now for $671. >>
Good answer.
And "First Strike"
Never mind.
Jonathan
<< <i>The MS70 from ABC grading company is essentially ungraded and now you don't even have the mint packaging. I wouldn't pay much more than melt for it. >>
<< <i>Who cares? Remember its all bullion folks! >>
So are the Anniversary Gold and Silver sets.
my my my my my my my my my my my my my my
But buying bullion in high-priced slabs not telling the difference between a 69 vs 70
is plain goofy. Iv'e done that and had some of the highest rated sets. I finally wised
up to the fact that if I truly wanted to have something of real value in 10 years it
wasn't going to be slabs of bullion. To each his own. If you find it enjoyable and don't
care what your collection is worth down the road, then go for it!
<< <i>The anniversary sets would be a nice "collectible keepsake"!!
But buying bullion in high-priced slabs not telling the difference between a 69 vs 70
is plain goofy. Iv'e done that and had some of the highest rated sets. I finally wised
up to the fact that if I truly wanted to have something of real value in 10 years it
wasn't going to be slabs of bullion. To each his own. If you find it enjoyable and don't
care what your collection is worth down the road, then go for it! >>
Although PCGS ONLY MS or PF70's carry a special value in the market, even for bullion.
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1
PCGS bullion slabs come down in value, (other than the 1995-W ASE.)
I know that they are fun to collect, but just watch what happens when
it's time to sell. You won't be a happy camper!!
<< <i>That's true! However I found that over time, initial inflated prices on even
PCGS bullion slabs come down in value, (other than the 1995-W ASE.)
I know that they are fun to collect, but just watch what happens when
it's time to sell. You won't be a happy camper!! >>
Caveat Camper... BTW, I agree with you - but the PCGS only 70's still hold a premium - only worthwhile IMO (1995-W nonwithstanding) if you make them yourself.
Check out my current listings: https://ebay.com/sch/khunt/m.html?_ipg=200&_sop=12&_rdc=1
the fourth highest rated ASE Proofs as well as many other high rated bullion sets.
You are exactly right, unless you build them yourself, there is absolutely no profit
potential whatsoever.
The raw one