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Does it Make Economic Sense to grade ASE Set?
If you plan to sell some of the silver sets you ordered: will it make sense to pay for the grading?
Say the sets sell as is for 200.00
You use Us Modern service at fourteen dollars per coin. That is $ 42.00. Add another $30.00 for first strike designation.
You have $100.00 on an "as is" sale. Will a graded set command more than $242.00 or $272.00 with first stike? (assuming none grade 70) Are you not more likely to lose money on the sale?
I guess my dilemma is that I have to submit the five sets I ordered unopend to get first strike designation. (the holder is much more pleasing regardless of its merit) I can't submit just one for grading and see how it sells. I suppose you could forego the first strike and get around it. I guess I should have put in five orders instead of one, but the mint's website was melting at 12:05 P.M. on August 30.
Am I missing something?
Say the sets sell as is for 200.00
You use Us Modern service at fourteen dollars per coin. That is $ 42.00. Add another $30.00 for first strike designation.
You have $100.00 on an "as is" sale. Will a graded set command more than $242.00 or $272.00 with first stike? (assuming none grade 70) Are you not more likely to lose money on the sale?
I guess my dilemma is that I have to submit the five sets I ordered unopend to get first strike designation. (the holder is much more pleasing regardless of its merit) I can't submit just one for grading and see how it sells. I suppose you could forego the first strike and get around it. I guess I should have put in five orders instead of one, but the mint's website was melting at 12:05 P.M. on August 30.
Am I missing something?
"It's not that the Irish are cynical. It's simply that they have a wonderful lack of respect for everything and everybody." - Brendan Behan
Proud Participant in Operation "Stone Holey" August 7, 2008
Proud Participant in Operation "Stone Holey" August 7, 2008
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Comments
I do wonder though, if I send in 5 sets and I get at least one each 70, will they include all three in a one set holder?
Mike
W.C. Fields