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A question about "Political" slab labels on ASEs?
Mrweaseluv
Posts: 227 ✭✭✭✭✭
Please, without getting into politics.
I was recently gifted an MS70 2020 ASE in a Biden slab for my type set. With a little looking I find similar Trump slab also exists. Normal I wouldn't consider a label on an ASE would effect the value but it having been an election year do you think it will add a premium in years to come, and would a matched set biden/trump possibly increase that premium?
I know this is a tough question to answer without bringing politics into it, but I would really like opinions... ASEs are not my thing so not sure how much labels affect values...
You may soar with the eagles, but weasels don't get sucked into jet engines!.
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When the current President is shown on a slab label, it's more about history than about politics.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I would think it would be like any other politically connected item - someone who appreciates a particular person or party may esteem it a bit more than everyone else.
To my eyes, I would find every political label a negative, slightly more negative than a custom label or FDOI/FS. I’m just not a fan of custom labels unless it is mine if PCGS does the TurtleCat collection…
For me, it would hold no attraction whatever. However, I am sure there is a segment of coin collectors that would want them for their collection. Many people collect political tokens and badges. Cheers, RickO
I wouldn't pay a premium for "my guy" and wouldn't purchase one from the "other guy" unless there was a steep discount. I think there is a good chance other collectors may feel the same way
Nothing wrong if you want one because you like the candidate, collect political history, or whatever. Just be aware that there is a chance that the market for them may be smaller than for an ASE with a standard label. Maybe you could find the right buyer that would value it more than a standard label, but IMO, its not worth the extra work and risk. Just my opinion.
If they were clad nickels, you might get a premium as a political collectible either singly or as a pair. In general, such a premium evaporates as the cost increases.
I've seen Obama decals in everything up to an ASE. But there's a reason I've never seen a decal on an AGE.
Typically, the premium evaporates over time. I used to sell the Obama stuff and get decent money. Now, I spend the clad stuff.
All comments reflect the opinion of the author, even when irrefutably accurate.
Personally, I wouldn't say I like it and wish the inserts (from all grading services) would only reflect the type/grade/date.
200 years from now it will be part of history. Today, well,
"I spent 50% of my money on alcohol, women, and gambling. The other half I wasted.
I would offer the same premium as a long time local dealer in my area ... nothing.
So long as they don't throw on a political label without my consent, I'm okay with that. I just wouldn't buy one.
I'm not impressed with any novelty labels. It's all about the coin. IMO. Peace Roy
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It is just bullion.
I'm not a fan of all of the different labels or moderns in general. I do like when they change the colors of the slab inserts though (I saw an NGC one with a blue plastic holder that I liked, and I even saw a glow in the dark one!)
I think it's all about making money.