<< <i>-- I will take one coin as an example. A proof 70 $25 Platinum coin from 2005 is valued in the price guide at $3150. 80% of that is about $2500. If I obtained a loan off of that coin for $2500 and I bought it for $435 from the mint, had it graded for $25 ... What's the big deal ? If it doesn't sell on eBay at full retail and PCGS offers me 80% of what it assigns the value at, I'm 2 grand ahead. --
Except PCGS will loan only 80% of the melt value of "bullion coins." Read the fine print, Joe, and a couple of the preceding posts. >>
Funny. they super-hype bullion to get people to submit to them saying they are akin to "rare collector coins that are condition rarities!". But you see how little they actually think of them, slabbed or not, as they are only willing to pony up 80% of BULLION value, not 80% of PRICE GUIDE value that they market to the masses.
Should tell collectors something right there when the biggest marketer of the product, doesn't believe in the long-term value of the product they are marketing. >>
Those who cannot stand the brand come in droves, eh ? I'm sorry I used bullion as an example...
I could have used a Cheerios Sacagawea in brass instead of bullion proof in platinum. But, I hate borrowing.
<< <i>-- I will take one coin as an example. A proof 70 $25 Platinum coin from 2005 is valued in the price guide at $3150. 80% of that is about $2500. If I obtained a loan off of that coin for $2500 and I bought it for $435 from the mint, had it graded for $25 ... What's the big deal ? If it doesn't sell on eBay at full retail and PCGS offers me 80% of what it assigns the value at, I'm 2 grand ahead. --
Except PCGS will loan only 80% of the melt value of "bullion coins." Read the fine print, Joe, and a couple of the preceding posts. >>
Funny. they super-hype bullion to get people to submit to them saying they are akin to "rare collector coins that are condition rarities!". But you see how little they actually think of them, slabbed or not, as they are only willing to pony up 80% of BULLION value, not 80% of PRICE GUIDE value that they market to the masses.
Should tell collectors something right there when the biggest marketer of the product, doesn't believe in the long-term value of the product they are marketing. >>
Those who cannot stand the brand come in droves, eh ? I'm sorry I used bullion as an example...
I could have used a Cheerios Sacagawea in brass instead of bullion proof in platinum. But, I hate borrowing. >>
has nothing to do with the "brand", but it shows you how much they truly value what they are promoting and slabbing though.
they expect collectors and dealers to believe the "value" of these are what they publish in their price guides, but when it comes time to prove it, they will only pony up 80% of the bullion value.
<< <i>-- I will take one coin as an example. A proof 70 $25 Platinum coin from 2005 is valued in the price guide at $3150. 80% of that is about $2500. If I obtained a loan off of that coin for $2500 and I bought it for $435 from the mint, had it graded for $25 ... What's the big deal ? If it doesn't sell on eBay at full retail and PCGS offers me 80% of what it assigns the value at, I'm 2 grand ahead. --
Except PCGS will loan only 80% of the melt value of "bullion coins." Read the fine print, Joe, and a couple of the preceding posts. >>
Funny. they super-hype bullion to get people to submit to them saying they are akin to "rare collector coins that are condition rarities!". But you see how little they actually think of them, slabbed or not, as they are only willing to pony up 80% of BULLION value, not 80% of PRICE GUIDE value that they market to the masses.
Should tell collectors something right there when the biggest marketer of the product, doesn't believe in the long-term value of the product they are marketing. >>
Those who cannot stand the brand come in droves, eh ? I'm sorry I used bullion as an example...
I could have used a Cheerios Sacagawea in brass instead of bullion proof in platinum. But, I hate borrowing. >>
has nothing to do with the "brand", but it shows you how much they truly value what they are promoting and slabbing though.
they expect collectors and dealers to believe the "value" of these are what they publish in their price guides, but when it comes time to prove it, they will only pony up 80% of the bullion value. >>
no one will care about your opinion until these 69-70s are selling for melt on ebay.... give it time.
Comments
<< <i>
<< <i>-- I will take one coin as an example.
A proof 70 $25 Platinum coin from 2005 is valued in the price guide at $3150.
80% of that is about $2500. If I obtained a loan off of that coin for $2500 and I bought it for $435 from the mint, had it graded for $25 ... What's the big deal ? If it doesn't sell on eBay at full retail and PCGS offers me 80% of what it assigns the value at, I'm 2 grand ahead. --
Except PCGS will loan only 80% of the melt value of "bullion coins." Read the fine print, Joe, and a couple of the preceding posts. >>
Funny. they super-hype bullion to get people to submit to them saying they are akin to "rare collector coins that are condition rarities!". But you see how little they actually think of them, slabbed or not, as they are only willing to pony up 80% of BULLION value, not 80% of PRICE GUIDE value that they market to the masses.
Should tell collectors something right there when the biggest marketer of the product, doesn't believe in the long-term value of the product they are marketing. >>
Those who cannot stand the brand come in droves, eh ? I'm sorry I used bullion as an example...
I could have used a Cheerios Sacagawea in brass instead of bullion proof in platinum.
But, I hate borrowing.
``https://ebay.us/m/KxolR5
<< <i>
<< <i>
<< <i>-- I will take one coin as an example.
A proof 70 $25 Platinum coin from 2005 is valued in the price guide at $3150.
80% of that is about $2500. If I obtained a loan off of that coin for $2500 and I bought it for $435 from the mint, had it graded for $25 ... What's the big deal ? If it doesn't sell on eBay at full retail and PCGS offers me 80% of what it assigns the value at, I'm 2 grand ahead. --
Except PCGS will loan only 80% of the melt value of "bullion coins." Read the fine print, Joe, and a couple of the preceding posts. >>
Funny. they super-hype bullion to get people to submit to them saying they are akin to "rare collector coins that are condition rarities!". But you see how little they actually think of them, slabbed or not, as they are only willing to pony up 80% of BULLION value, not 80% of PRICE GUIDE value that they market to the masses.
Should tell collectors something right there when the biggest marketer of the product, doesn't believe in the long-term value of the product they are marketing. >>
Those who cannot stand the brand come in droves, eh ? I'm sorry I used bullion as an example...
I could have used a Cheerios Sacagawea in brass instead of bullion proof in platinum.
But, I hate borrowing. >>
has nothing to do with the "brand", but it shows you how much they truly value what they are promoting and slabbing though.
they expect collectors and dealers to believe the "value" of these are what they publish in their price guides, but when it comes time to prove it, they will only pony up 80% of the bullion value.
<< <i>
<< <i>
<< <i>
<< <i>-- I will take one coin as an example.
A proof 70 $25 Platinum coin from 2005 is valued in the price guide at $3150.
80% of that is about $2500. If I obtained a loan off of that coin for $2500 and I bought it for $435 from the mint, had it graded for $25 ... What's the big deal ? If it doesn't sell on eBay at full retail and PCGS offers me 80% of what it assigns the value at, I'm 2 grand ahead. --
Except PCGS will loan only 80% of the melt value of "bullion coins." Read the fine print, Joe, and a couple of the preceding posts. >>
Funny. they super-hype bullion to get people to submit to them saying they are akin to "rare collector coins that are condition rarities!". But you see how little they actually think of them, slabbed or not, as they are only willing to pony up 80% of BULLION value, not 80% of PRICE GUIDE value that they market to the masses.
Should tell collectors something right there when the biggest marketer of the product, doesn't believe in the long-term value of the product they are marketing. >>
Those who cannot stand the brand come in droves, eh ? I'm sorry I used bullion as an example...
I could have used a Cheerios Sacagawea in brass instead of bullion proof in platinum.
But, I hate borrowing. >>
has nothing to do with the "brand", but it shows you how much they truly value what they are promoting and slabbing though.
they expect collectors and dealers to believe the "value" of these are what they publish in their price guides, but when it comes time to prove it, they will only pony up 80% of the bullion value. >>
no one will care about your opinion until these 69-70s are selling for melt on ebay....
give it time.